Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand

Bnext PR 2 Final Graphic

Press Release: Bnext announces a total investment of $10 million, as the Spanish fintech giant prepares to complete its token sale. 

 

5th May 2022, Madrid — Borderless Capital has increased their investment in Spanish Fintech, Bnext, to $10 million with a new investment of $4.5 million. 

 

What This Means For Bnext

This latest investment will help further Bnext’s goal to continue introducing bleeding-edge financial technologies throughout 2022 and beyond. Borderless Capital will not only provide financial support but also offer invaluable expertise in the Algorand blockchain ecosystem which will help Bnext accelerate the development of its numerous financial products and drive the adoption of DeFi technology on a global scale. 

 

Algorand & Bnext

The Algorand blockchain offers numerous technological benefits including faster transaction speed efficiency, lower fees, no mining requirements, and a permissionless pure proof of stake (PPoS) approach to consensus, to name a few. Bnext has already leveraged Algorand to power its wallet app and is developing several more use cases for the future. 

 

Private IDO for Algorand Community 

To show support for the Algorand community, Bnext will be reappropriating 350 million B3X tokens for a private IDO, launching on a leading Algorand DEX soon. These tokens represent all that remains from Phase 2 of the initial B3X token sale. 

 

In addition to the IDO allocation, all Algorand community members who participate and hold tokens on the DEX will have priority access to new functionalities and other benefits. Information on the IDO will be released on Bnext’s social media channels in the coming weeks.

 

Bnext Public Token Sale Raises Over €5 Million

Bnext partially closed its public token sale on March 31, 2022, successfully raising over 5 million euros. The token sale spanned two 7-day phases across March; phase one saw participants buy 360 million B3X utility tokens in the first few hours and another 15 million were purchased in phase two.

 

The remaining B3X tokens from phase two, after the expected IDO, will be burnt to increase liquidity. The token sale has thus far collectively raised €11 million, with Bnext reserving the last remaining tokens for a private IDO for the Algorand community. 

 

B3X Token Utility 

The B3X token is a utility token that underpins the entire Bnext ecosystem, whose mission is to bring financial freedom to a global community of banked and unbanked by expanding access to a growing selection of next-generation financial tools and remaining committed to continuously improving the user experience. 

 

The continued support from Borderless Capital will help Bnext to strengthen its growing community and bring more value to users through international expansion. Forthcoming products on the Bnext roadmap include a robust reward system, a diversified marketplace, the crypto wallet app with buying and selling conditions, international money transfers, user discounts, and more. 

 

To learn more about how more people are taking back full control of their finances visit the Bnext website

 

Media Contact Info

Contact Name: Bnext Media Team

Contact Email: media-team@bnext.es 

 

Bnext Links 

Telegram ESP | Telegram ENG | Instagram | Twitter | LinkedIn | Facebook 

 

Bnext App

App Store | Google Pay 

 

Algorand Links

Twitter | LinkedIn | Facebook | Telegram | Medium | Discord

 

Borderless Capital

Twitter | LinkedIn 

 

Bnext is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

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Decentralized Bonds Platform D/Bond Rebrands Following Successful Funding Rounds

Press Release: Decentralized bonds project Debond Protocol rebrands to D/Bond following successful seed funding round as the company plans international expansion. 

 

26 April 2022, Paris, France —  D/Bond is an innovative start-up that is bringing decentralized bonds to the blockchain using their pioneering ERC/3475 token standard. The decentralized bonds platform has just announced a major rebranding following its successful seed and series A funding round in which several industry leaders invested. 

 

D/Bond is Born

Formerly known as Debond Protocol, the new-look company has changed not only its name but also its website design and logo as a part of the platform’s international growth strategy. Alongside the unveiling of its newly-designed website, D/Bond’s rebranding will broaden its appeal to investors in new markets. 

 

Seed Funding Round Success

The recent expansion is in part due to a successful seed and series A funding round in which several prominent investors participated, elevating the value of D/Bond to an estimated $12.5 million USD. Bixin Ventures, Spark Digital Capital, Collinstar Capital, Exnetwork Capital, HOT DAO (Hotlabs), Waterdrip Capital, Lotus Capital, Crypto Dorm Fund, and Wave Capital all participated. 

 

D/Bond CEO Yu Liu stated that:

 

“D/Bond is creating a system to securitize any digital asset. We believe D/Bond has the potential to be an important player in the decentralization of this market, hence the rebrand. We seek to partner with many more investors who believe in our multi-layered pool approach to reduce slippage and transaction fees. We are confident that, thanks to our offer, ERC/3475 D/Bonds that are also tradable on our secondary market, we are going to achieve our financing target.”

 

The new investments cover efforts to tap into existing market opportunities and expand the D/Bond ecosystem within the broader decentralized finance (DeFi) and capital markets.  

 

New Look Website

Those interested in exploring the new website, brand, and a demo of how the app enables users to convert digital assets to securities and derivatives (also turning them into assets tradable on the secondary market) can do so at www.debond.net. The front-end demo is available on GitHub, visitors just need to connect the wallet to Ropsten testnet. 

 

About D/Bond  

D/Bond is the Web 3.0 infrastructure pioneering the ERC/3475 token standard for decentralized bonds. The Paris-based start-up also provides the D/Wallet, the D/Exchange bonds and derivatives exchange, and an open market for securities as part of its ecosystem.

 

Media Contact Info

Contact Name: Mate Matyas

Contact Email: info@debond.org

 

D/Bond Links 

Website | Pitch Deck | One-pager

 

D/Bond Socials

Twitter | Medium | Discord

 

D/Bond is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Nexity Joins Polygon DAO Accelerator Program After Receiving Development Grant

Nexity Joins Polygon DAO Accelerator Program After Receiving Development Grant

Press Release: Nexity Network is joining the Polygon DAO Accelerator Program to fund social, environmental and economic initiatives led by Nexity.

 

April 27th, 2022, Los Angeles – Nexity Network has joined Polygon Village, an accelerator program created by Polygon DAO, Ethereum’s Internet of Blockchains. The collaboration will see both decentralized ledger companies work together to develop Nexity’s ecosystem. 

 

In December 2021, Nexity received the Polygon DAO Grant to kickstart initial proof of concept development. Today, Nexity is ready to scale its collaboration with Polygon DAO, joining its developer program, Polygon Village. Polygon Village will be the next full-stack ecosystem that brings developers, builders, VCs and more stakeholders under one roof, leading the next wave of innovation in the blockchain industry.

 

The program will support Nexity’s critical mission with technical development, funding, business development and access to mentorship for hypergrowth from the best players in the crypto space.

 

Speaking about Polygon, Nexity’s Catalin Fetean said: 

 

“It’s quite an honor for me to work closely with one of the fastest-growing ecosystems from the crypto space by sharing a collaborative-operation vision while co-owning, co-developing World-Web3, and pooling our resources by awarding with their grant and joining their accelerator to find more and more real-world applications for blockchain technology.”

 

Polygon DAO’s Charles Nweke also had this to say: 

 

“Nexity is one of the few protocols building on Polygon with products that expand beyond non-financial use cases. Happy to have worked with @eaglelex_eth and other members of the Polygon DAO genesis team to approve this grant.”

 

About Nexity

Nexity Network is rethinking how society designs, creates and uses the things we need from the food we eat to the clothes we wear and how we do business.

 

It is introducing circular business applications as World3 Dapps to articulate the logic of how an organization delivers and captures value to its broader range of stakeholders with an obsessive user-centric design while minimizing ecological and social costs. The team considers blockchain was created for the circular economy and supply chain because they are positioning stakeholders as dots along their infrastructure, forming a blockchain network around companies and customers called next economy to create perpetual closed-loop, cycled value with zero waste and carbon emission.

 

The team behind Nexity includes Catalin Fetean, Nexity’s Co-founder, who had a background in sustainable development, supply chain, user experience and engineering. He is dedicating his life to power Nexity’s mission, spreading its vision about the importance of the circular world with the help of a dedicated team.

The founding team also includes Co-founder, Tiberiu Serbaneci with a strong experience in computer science, supply chain and a passion for how distributed ledgers can be used in collaborative innovation to create sustainable ecosystems. 


The core team is formed by dedicated members with a broad range of expertise from blockchain engineers, supply chain managers, UI/UX designers, motion designers, 3D artists but also a strong network of external partners, capturing: three development partners, one partner for marketing and community management, two partners for advertising and business development, one partner for legal and financial and two technical universities for R&D.

 

About Polygon DAO

Polygon DAO is the leading platform for Ethereum scaling and infrastructure development. 

 

Polygon DAO is the meeting place for present and future Polygon connected communities, where they can learn, collaborate, work, build and participate in a progressive decentralization process.

 

For more on how Nexity Network and Polygon DAO plan to collaborate to develop Nexity’s social, environmental and economic initiatives, read their Medium article here.

 

Follow Nexity on Twitter

Join the Nexity community on Telegram

Read the Nexity blog on Medium

Connect with Nexity on LinkedIn

 

Media Contact Details

Contact Email: press@nexitynetwork.org

 

NEXITY NETWORK is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Nexity Joins Polygon DAO Accelerator Program After Receiving Development Grant

Nexity Joins Polygon DAO Accelerator Program After Receiving Development Grant

Press Release: Nexity Network is joining the Polygon DAO Accelerator Program to fund social, environmental and economic initiatives led by Nexity.

 

April 27th, 2022, Los Angeles – Nexity Network has joined Polygon Village, an accelerator program created by Polygon DAO, Ethereum’s Internet of Blockchains. The collaboration will see both decentralized ledger companies work together to develop Nexity’s ecosystem. 

 

In December 2021, Nexity received the Polygon DAO Grant to kickstart initial proof of concept development. Today, Nexity is ready to scale its collaboration with Polygon DAO, joining its developer program, Polygon Village. Polygon Village will be the next full-stack ecosystem that brings developers, builders, VCs and more stakeholders under one roof, leading the next wave of innovation in the blockchain industry.

 

The program will support Nexity’s critical mission with technical development, funding, business development and access to mentorship for hypergrowth from the best players in the crypto space.

 

Speaking about Polygon, Nexity’s Catalin Fetean said: 

 

“It’s quite an honor for me to work closely with one of the fastest-growing ecosystems from the crypto space by sharing a collaborative-operation vision while co-owning, co-developing World-Web3, and pooling our resources by awarding with their grant and joining their accelerator to find more and more real-world applications for blockchain technology.”

 

Polygon DAO’s Charles Nweke also had this to say: 

 

“Nexity is one of the few protocols building on Polygon with products that expand beyond non-financial use cases. Happy to have worked with @eaglelex_eth and other members of the Polygon DAO genesis team to approve this grant.”

 

About Nexity

Nexity Network is rethinking how society designs, creates and uses the things we need from the food we eat to the clothes we wear and how we do business.

 

It is introducing circular business applications as World3 Dapps to articulate the logic of how an organization delivers and captures value to its broader range of stakeholders with an obsessive user-centric design while minimizing ecological and social costs. The team considers blockchain was created for the circular economy and supply chain because they are positioning stakeholders as dots along their infrastructure, forming a blockchain network around companies and customers called next economy to create perpetual closed-loop, cycled value with zero waste and carbon emission.

 

The team behind Nexity includes Catalin Fetean, Nexity’s Co-founder, who had a background in sustainable development, supply chain, user experience and engineering. He is dedicating his life to power Nexity’s mission, spreading its vision about the importance of the circular world with the help of a dedicated team.

The founding team also includes Co-founder, Tiberiu Serbaneci with a strong experience in computer science, supply chain and a passion for how distributed ledgers can be used in collaborative innovation to create sustainable ecosystems. 


The core team is formed by dedicated members with a broad range of expertise from blockchain engineers, supply chain managers, UI/UX designers, motion designers, 3D artists but also a strong network of external partners, capturing: three development partners, one partner for marketing and community management, two partners for advertising and business development, one partner for legal and financial and two technical universities for R&D.

 

About Polygon DAO

Polygon DAO is the leading platform for Ethereum scaling and infrastructure development. 

 

Polygon DAO is the meeting place for present and future Polygon connected communities, where they can learn, collaborate, work, build and participate in a progressive decentralization process.

 

For more on how Nexity Network and Polygon DAO plan to collaborate to develop Nexity’s social, environmental and economic initiatives, read their Medium article here.

 

Follow Nexity on Twitter

Join the Nexity community on Telegram

Read the Nexity blog on Medium

Connect with Nexity on LinkedIn

 

Media Contact Details

Contact Email: press@nexitynetwork.org

 

NEXITY NETWORK is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Metaverse Gaming Platform Manufactory Launches NFT-Based Land Drops

Press Release: Decentralized gaming platform Manufactory is inviting all players to participate in its NFT-based land drops on April 19th.

 

April 18th, 2022, British Virgin Islands – Manufactory, a PvP-based competitive and skill-based game, is now inviting all players and engineers to the public sale events for its NFT-based virtual lands scheduled on the 19th of April. These lands within the ManuFactory game will form the crux of the gameplay and strategy building and are laced with in-game resources for the players to utilize and experience a digitally enriching experience in the Manufactory metaverse.  

 

Combining Construction, Management and NFTs

Manufactory is a construction and management game that combines the power of NFTs for an amazing gaming experience. It is a one-of-its-kind metaverse-based game built using the Play-to-Earn model, which challenges the players beyond intelligent gameplay to building and designing amazing machines and factories for faster and better extraction. Such a model creates the perfect balance between having an enjoyable gameplay experience and a rewarding one. Besides the game, the players will also have access to staking opportunities where they can earn additional income and rewards via loot boxes. 

 

The NFT marketplace for trading the in-game assets will form another revenue stream as players vie for superiority and survival within the game. All assets in the game are tradeable except minerals. 

 

Manufactory Deploys Innovative Game Mechanics

Manufactory’s in-game mechanics will be ruled by two tokens running on the BSC and Aurora networks. The players can get minerals in exchange for $FACTORY coins. These $FACTORY coins can then be transformed into $MNFT tokens, the native tokens of the Manufactory metaverse. The $MNFT tokens can be earned by playing the Manufactory game. Players can stake their $MNFT tokens to increase their percentage chances of winning a loot box that contains an item of random rarity. All the funds collected from the loot box sale will go to the reserves pool. 

 

A more detailed overview of the tokenomics can be found here.

 

The most exciting feature of the Manufactory game is the availability of virtual lands of different kinds and levels. Players will get access to these pieces of land as NFTs.

 

The players can own different levels of land supplied with resources and obstacles of common and uncommon nature depending upon the level within the Manufactory metaverse. These lands will have mineral reserves plus deadly monsters. The number of minerals present on each land will be refreshed after 24 hours. These lands will be available to the players at random via Land Treasure Chests. Players will have to build automated collection systems and NFTs to protect their NFT assets within the game. 

 

Find out more about the different types of land available here.

 

While in the game, the land pieces will be sold in Initial loot boxes making sure each player gets a random piece of land. As of now, these lands will be available for purchase on the 19th of April at the Manufactory Public Land Sale events. There are 12,000 pieces of land available for Public Sale which will be sold on a first-come-first-serve basis, with a hard limit of 3 land pieces per wallet. 

 

Redefining Capital Gains

Manufactory is currently developing its PvP gameplay and has some big plans in its future roadmap – from a Manufactory Club, guilds, PvP, and guild wars, to adding cross-chain interoperability and ultimately developing a Manufactory universe to the core game. Players with engineering skills and intelligent gameplay can head over to the public land sale event to grab your favorite piece of NFT land in the Manufactory universe. 

 

Manufactory’s gameplay enables players to test their engineering skills as they build up their lands while planning counter moves using a wide variety of turrets and tools to protect their in-game NFTs. The engineers/landowners can dictate the prices of their NFTs and earn profits while hiring other engineers to work for them at a payscale decided by the landowners. The game aims to redefine the reputation of pursuing capital gains. 

 

For more about Manufactury and its land drop events, visit their main website here

 

Follow Manufactory on Twitter

Join the Manufactory community on Telegram

Read the Manufactory blog on Medium

Join the conversation on Discord

Stay up-to-date with Manufactory on Instagram

 

Media Contact Details

Contact Email: info@manufactory.gg 

Manufactory is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Jump.trade to Launch P2E Cricket Game NFT Drop on April 22, 2022

guardian-2

Press Release: Meta Cricket League is a new NFT-driven Play-To-Earn game that allows players to earn cash prizes and other crypto rewards by challenging other players.

 

April 13, 2022, Singapore — Jump.trade, the international gaming NFT marketplace (introduced by GuardianLink) has announced its exclusive cricket game NFTs and digital cricket collectibles which will be featured as a part of its NFT cricket game ‘Meta Cricket League (MCL)’.

 

Super Loot Cricket NFT Drop

The NFT drop will go live on 22nd April 2022, offering an initial purchase in the form of a Super Loot NFTs. The NFTs could either be a set of metaverse cricket players or a combination of metaverse players and authenticated digital Cricket NFTs signed by some of the biggest legends of the game.

 

By introducing MCL, Jump.trade becomes the first international gaming marketplace to launch a cricket NFT game, bringing with it new and exciting P2E opportunities. This will mean that players can monetize their time and effort spent on this game. By playing MCL, players can earn cash prizes and other crypto rewards by challenging other players.

 

 Mr. Kameshwaran Elangovan, Co-Founder and COO of GuardianLink stated that:

 

“With this NFT drop and the game, we expect, a major turning point not only for P2E NFT games but also for the perception of cricket“

 

The NFT Treasure Box

Priced at $25.00 (USD), The Super Loot gives Participants the assurance of owning NFTs belonging to any one of the following 2 categories: 

 

  • Metaverse Cricket Team Players NFT
  • The same + Authenticated Signed Digital Cricket NFTs of Legends. 

 

To enhance the magnitude of participation and as a token of encouragement for the participants, Jump.trade has also introduced the Treasure Box for collectors who own five or more Super Loot NFTs. Participants can open one Treasure Box for every five NFTs they hold. The total value of the Treasure Box rewards is stated to be worth roughly USD 52,000 in total value. 

 

Utility and Tradeability 

Jump.trade states that their NFTs are a combination of utility and tradeability. The players can monetize their gameplay and unlock incentives as they progress through the ranks and climb up the leaderboard. They can also get real-world utility for their digital assets. 

 

Jump.trade is expecting the authentic, signed digital Cricket NFTs to achieve a high value in the open marketplace. Regardless of value, the NFTs themselves gain experience, which is designed to make them more valuable with every game the players participate in. The MCL ecosystem is designed to be community-centric, and it will eventually come to the hands of the users when it comes to deciding the future of the game.

 

How to Join the Drop

Participants will be able to access the Jump.trade Super Loot Cricket NFT drop on 22 April at 5 PM IST. The GuardianLink wallet is now open for users to load them with funds, so they can access the NFT drops without any hassle on the drop day.

 

About Jump.trade 

Jump.trade is a new NFT marketplace announced by GuardianLink that focuses on NFTs of gaming and international brands. This D2C platform is powered by GuardianLink, a pioneer and innovator of NFT Technologies with its roots embedded in the Blockchain world since 2016. 

 

About Guardianlink.io

GuardianLink is the face behind many successful NFT collections like Amitabh Bachchan (which sold out in 54 minutes) and Stan Lee’s Chakra (which sold out in under 1 minute) for millions of dollars. Jump.trade recently announced its first game called Meta Cricket League which is bringing the excitement of real-world cricket to the Web3 playground.

 

Jump.trade Socials

Twitter | Discord | Instagram

 

Guardian Link Socials 

Twitter | Discord | Telegram

 

Media Contact Details

Contact Name: Ramkumar Subramaniam

Contact Email: info@guardianlink.io 

 

Guardianlink is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

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Floki Listed on Huobi Global & India’s CoinDCX in Push Toward Mainstream Adoption

This week Floki, which calls itself “the people’s cryptocurrency,” was listed on two exchanges: Tier One centralized exchange (CEX) Huobi Global and CoinDCX, India’s leading exchange with over ten million users.

The Floki Vikings’ mission is to make Floki a household name in 2022, backed by a singular crypto ecosystem that includes real-world charitable giving, a forthcoming play to earn (P2E) metaverse game (Valhalla), DeFi, a viral community, incomparable marketing, and more.

These new exchange listings further signal the market’s embrace of the project, as Floki is poised to reach an audience of billions through Formula 1, international television campaigns, and numerous top-flight football sponsorships. 

Huobi: Floki’s First Tier One CEX

Huobi Global listed FLOKI (Floki) in the Pioneer Zone on March 2nd, 2022.

At the time of writing, Huobi is the sixth-ranked CEX per CoinMarketCap with over $3b in daily trading volume. This listing is a major milestone for Floki, as it validates the project’s recent DAO upgrade and breaks the seal on the coveted Tier One CEXes.

“Founded in 2013, Huobi Group is the world’s leading blockchain company with a mission to accelerate the digital economy through breakthrough innovations in core blockchain technologies. Huobi Group’s operations across multiple sectors, including enterprise and public blockchains, digital assets trading, cryptocurrency wallets, and industry research, reaching tens of millions of users in over 170 countries and regions.”
LinkedIn

CoinDCX: Vikings in India

CoinDCX is trusted by over ten million Indians for cryptocurrency investments. Following rapidly on Huobi’s announcement, CoinDCX listed Floki on March 3rd, 2022.

“Launched on April 7th, 2018, CoinDCX is a cryptocurrency exchange with its offices located in India. Built with user experience and security in mind, CoinDCX claims to provide near-instant fiat to crypto conversions with zero fees.”

Looking Forward at Floki

As existing investors consider the fast-moving landscape of crypto this year and new retail piles into the space, major CEX listings such as these further legitimize Floki and facilitate mainstream adoption. 

Paired with a global marketing campaign and the anticipated P2E metaverse game Valhalla, Floki stands to be a major crypto story of 2022. Learn more about “the people’s cryptocurrency” at floki.com and follow the project on Twitter for announcements from the Floki team as they happen.

Disclosure: This is a sponsored press release, please do your research before buying any cryptocurrency.

The post Floki Listed on Huobi Global & India’s CoinDCX in Push Toward Mainstream Adoption appeared first on NullTX.

Source: null tx

Floki’s Response to ASA Recommendation

On March 2, 2022, the Advertising Standards Authority (“ASA”) issued a ruling regarding an advertisement published by Floki on the London Underground. The advertisement contained the Floki logo, an image of a cartoon dog wearing a Viking helmet. The text on the advertisement stated “Missed Doge? Get Floki.” In addition, the text at the bottom of the ad stated that “Your investment may go down as well as up in value. Cryptocurrency is not regulated in the UK.”

The ASA received a complaint regarding these advertisements and began an investigation into whether the advertisements violated the Committee of Advertising Practice (“CAP”) code. Prior to running the advertisements, Floki received approval from CAP that the advertisements were in compliance with their code.

In the ruling, the ASA concluded that Floki violated the CAP code. First, it concluded that the advertisements took advantage of consumers’ inexperience or credulity by not making clear that tax could be payable on profits from investing. Second, it concluded that the advertisement irresponsibly exploited consumers’ fear of missing out and trivialized investment in cryptocurrency by using the phrase “Missed Doge? Get Floki.” Floki emphatically disagrees with these conclusions.

It is important to note that ads from major cryptocurrency brands like Coinbase, Kraken, Luno, and eToro have been similarly banned as crypto companies try to create mainstream awareness about cryptocurrency while adhering to regulatory guidelines.

The action from the ASA is that Floki may not run the particular advertisements that were banned again in the form that they were run during the London Underground advertisement campaign. No other action was implemented against Floki.

As stated above, Floki denies any of the allegations in the ASA complaint and disagrees with the conclusions reached by the ASA investigator. Floki did its very best to be compliant before running these ads and took CAP’s advice and guidance regarding what risk warnings and disclaimers needed to be included in the marketing campaign. At no point was it brought to Floki’s attention by CAP that there was a requirement for consumers to be advised on the implications of Capital Gains Tax on investments in cryptocurrency. Had this been brought to Floki’s attention, Floki would have followed such advice and included the information in their marketing campaign.

Further, Floki has retained attorney advice. Floki cannot find where in the CAP Code or ASA guidance it specifically sets out that information relating to Capital Gains Tax must be contained in any advert relating to cryptocurrencies or financial products generally. Floki denies that it violated any regulations, and it will take any action it must to ensure its legal rights are recognized.

With regard to whether Floki was irresponsible with its advertisement, Code rule 14.1 states that financial products must be set out in a way that allows them to be understood easily by the audience being addressed. Floki asserts that its logo and wording of the advertisement allow the subject matter to be understood clearly by an informed consumer as well as the risks of an investment in Floki being clearly signposted in the risk warning at the bottom of the Advert.

Floki also asserts that the phrase “Missed Doge? Get Floki,” is a legitimate advertising technique designed to capture the attention of an informed consumer. The marketing campaign itself did not mislead consumers in the investment of cryptocurrencies and the advertisement contained material information that consumers require to make informed decisions before engaging with Floki or investing generally in cryptocurrencies in compliance with CAP Code rules 3.1 and 3.3.

In short, Floki will continue to advocate for its right to advertise its product. There are no regulations that should prevent Floki from advertising in the way it did. At this time, Floki is not prevented from running advertisements in the United Kingdom, except that it is currently not allowed to run the exact marketing campaign as what was complained about in that form. Despite this recommendation from the ASA investigator, Floki will advocate for the rights of its project and its holders.

Website: https://www.floki.com/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrencies.

The post Floki’s Response to ASA Recommendation appeared first on NullTX.

Source: null tx

WarPatronage Has Just Stealth Launched 2 of Its Tokens!

Get ready, Commanders!

WarPatronage is a fictional military-style crypto-game where you can vote to your favorite region who could win it all and become the superior nation above all of the others.

The Idea:

The project is launching a token for every bigger nation that could be the deciding factor on a possible outcome of an imaginary war. If a country (token) gets bigger, meaning it will have a bigger holder base and bigger liquidity then it wins and becomes the ruler of the others.

There are two starting countries (tokens), and they are USA and Russia. With them fighting each other, you could guess who would win by buying and holding that token. If the deadline is over, the token with the more holder base and liquidity (calculated accordingly) will WIN THE FIGHT and it will get half of the other token’s liquidity.

The Goal:

1% of the transaction fees are being stored in a different wallet with the title of: CHARITY

That means that the project will SUPPORT REAL LIFE VETERANS AND MILITARY MEDICAL FACILITIES of the winning tokens. WarPatronage guarantees good acts while providing an exciting game of guesses to the investors.

You can be a part of various countries at once if you sympathize with them and would like to support the veterans there too. That 1% of charity means a lot to who is in need.

Tokenomics:

  • Total Supply: 100,000,000
  • Chain: BEP-20
  • Decimals: 18
  • 1% Charity
  • 5% Rewards
  • Liquidity locked for 3 years

USA Token address: 0xd1fc3597e6F491b3E301F1231a7cc577f10F4cDA

Russia Token address: 0x2227644F1fAB989357ea6706e864d907082a4Ea5

Website: https://warpatronage.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrencies.

The post WarPatronage Has Just Stealth Launched 2 of Its Tokens! appeared first on NullTX.

Source: null tx

Floki Launches Valhalla Alpha Battle Arena Testnet

The Floki team is excited to announce the launch of the playable Valhalla Alpha Battle Arena Testnet this Monday the 28th of February.

You can find in-depth details about this major development, along with information about how to prepare to play, in the Medium article here.

Timing Is Everything

This launch of the first playable version of Floki’s flagship Valhalla play-to-earn (P2E) Metaverse game coincides with a major international television campaign, a partnership with Formula 1 racing legends Alfa Romeo, and numerous other collaborations and initiatives that signal Floki’s push to make Floki a household name in 2022 and beyond.

Floki believes the combination of meme power, community, charity, crypto and gaming has world-changing potential, and Valhalla is at the heart of all of this. P2E gaming has already proven to be resilient to bear markets, with the potential of staggering returns for early investors and income for day-to-day players.

Floki Valhalla, P2E & the Future of Gaming

Early P2E crypto Metaverse games Axie and Decentraland have already proven the model Floki intends to take further:

“… Axie’s AXS cryptocurrency gained an eye-watering 18,000% over the course of 2021, while Decentraland’s mana token rose by 4,000%, ranking the two of them among the best performers overall last year from the crypto space, all thanks to the popularity of play-to-earn games and the metaverse.”

Floki will take P2E gaming to a new level, both in terms of game quality and community engagement. The famous Floki Vikings community will participate in testing and feedback on Valhalla throughout the process, and this Alpha Testnet Battle Arena launch is the first of a number of stages in the development of the game that will involve Floki’s famously enthusiastic and engaged community.

A Prototype for the Community

This Valhalla Alpha Battle Arena Testnet launch is a prototype meant for the Floki Vikings community to test and contribute feedback. Patches and updates will occur frequently.

This is another example of how Floki is different from other projects. The community itself will directly contribute to the development of Valhalla, at the very earliest stages.

How Do I Play?

VALHALLA BATTLE ARENA ALPHA TEST APPLICATION

Registration: https://forms.gle/QVJht4TZSiyZpf3H6

Claim Test Tokens: https://faucet.paradigm.xyz 

TENTATIVE LAUNCH TIME: 9 PM UTC | FEBRUARY 28, 2022

Note that testing will happen on Optimism Kovan Testnet.

Priority on admission in early batches depends on:

  1. Genesis NFT Holder (Ruby/Diamond)
  2. Genesis NFT Holder (Silver/Bronze)
  3. Flokitar Holder
  4. Floki Gemstone Holder (coming in March)
  5. Special Criteria (e.g. professional tester)

Further information will be shared via the official Floki Twitter and Floki Telegram channel. You can follow all the Floki Viking community’s epic adventures in memes, crypto, charity, and P2E gaming there and at floki.com.

You can learn more about the Valhalla Battle Arena prototype and play here: https://valhalla.game.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post Floki Launches Valhalla Alpha Battle Arena Testnet appeared first on NullTX.

Source: null tx