NFT – Page 4 – BitcoinNomicon

Decentralized Gaming Platform DeFi11 Launches IDO After $3.5M Private Sale

Posted on June 17, 2021 by thinkadmin

Press Release: DeFi11, a decentralized gaming ecosystem, is introducing major changes to both revamp the platform and make it fairer to users as part of an expansion fuelled by recent funding.

17th June 2021, New Delhi, India – Fantasy sports have gained massive popularity in recent years. The market is expected to grow by 7% by 2024. However, a lack of regulation has allowed companies to exploit users. Many fantasy sports and virtual gaming platforms have been accused of publishing false volumes, creating fake winners, and misusing user data. DeFi11 was created to stop these unfair practices, providing a safe platform for the users. Powered by blockchain, DeFi11 eliminates centralization and maintains user privacy. In addition, DeFi11 will tokenize gaming assets using non-fungible tokens (NFTs), allowing users to access features like liquidity pools, prediction-based smart contracts, and staking.

Touted as the first DeFi-powered fully decentralized gaming ecosystem in the world, DeFi11 is introducing changes for better gamification of its platform. DeFi11’s team recently announced a collaboration with Polygon (formerly Matic) to integrate its layer 2 solution with a new protocol. The new smart contract-powered protocol aims to improve the scalability and security of the platform. Some of the core benefits that smart contracts would offer include data abuse checks and the prevention of financial fraud. The creation of dummy winners – a fraudulent practice common among fantasy games – can also be restricted using smart contracts.

NFT and Decentralization

While NFT-gaming was always a prime feature of DeFi11, it has now decided to fully integrate NFTs into its gaming ecosystem. The tokenization of gaming assets means that NFTs can be collected and traded within the game for the first time. The introduction of NFTs will also help to create a live 3D experience in the game.

Moreover, DeFi11 is developing a revolutionary P2P interaction feature that will pioneer the prediction market. Set to deploy in phases, the P2P interaction feature will be completely self-functioning without the need for any intervention from a third party. In its bid to further decentralize the gaming ecosystem, DeFi11 is trying to open source all the platform’s code.

Recent Developments

For DeFi11, the recent months have been quite eventful. The company was the silver sponsor of the 6th Global DeFi Congress that was held in Dubai in February this year. In May, DeFi11 announced joining hands with TDeFi, a prominent name in the NFT and DeFi world that has helped many startups over the years. Through this collaboration, DeFi11 aims to further expand its NFT space. DeFi11 also announced partnering with Biconomy, a multi-chain transaction infrastructure, to solve the issue of micro-transactions within the game. Finally, DeFi 11’s most recent funding round managed to raise just $3.5 million, resources which it will use to support further development of its unique gaming platform.

Upcoming Announcements

Indeed, over the next few months, DeFi11 will be making a number of major announcements and rolling out several new features. This includes a second fundraising round, followed by a campaign geared towards promoting its upcoming IDO. A complete overhaul of the company website, with more details and features, is also in the works. DeFi11 also announced the successful launch of its beta app on June 1.

Further down the timeline, DeFi 11 plans to launch post-IDO staking, start a referral and bounty hunting program, and announce several partnerships all aimed at boosting the platform’s userbase. All precede the announcement of the platform’s first-ever IDO, the details of which will be announced later this year.

About DeFi11

DeFi11 is a decentralized gaming ecosystem primarily centered around fantasy sports and NFT gaming. It is powered by DeFi or decentralized finance, an umbrella of financial applications that utilize blockchain. As the first crypto-fantasy gaming ecosystem of its kind, DeFi11 strives to solve the issues of transparency, accountability, and security that often plague the world of fantasy sports.

DeFi11 offers complete transparency and anonymity to its users. It believes in complete decentralization of the platform – including P2P transactions without involving the house. Through randomized winner selection and community governance, the platform is attempting to eliminate bias and fraud.

For more information about the DeFi11, visit their website.

Follow DeFi11 on Twitter.

Stay up-to-date via DeFi11’s blog.

Join the discussion on DeFi11’s Telegram community (also available for Korea, Indonesia and Vietnam).

Read the DeFi11 Whitepaper here.

DEFI11 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: thinkbitcoins

Bringing Gamification to DeFi: ApeSwap and Seascape Announce Partnership

Posted on June 14, 2021 by thinkadmin

Press Release: ApeSwap and Seascape Network have joined forces to provide gamification services to the blockchain industry via DeFi in latest partnership.

15th June 2021, Singapore – Seascape Network, a new online platform built around the NFT and DeFi economies, has announced a new partnership with ApeSwap to bring a Decentralized Exchange, Automated Market Maker with Yield Farming and a Staking platform on Binance Smart Chain to the market.

pCWS is Seascape’s official bridged Crowns token on Binance Smart Chain, universally used on Seascape’s dApps on BSC. GNANA is the governance token of ApeSwap with a host of exclusive perks and usages. Though relatively young, these two projects have already created a great deal of value for users, with tens of thousands of holders between the two coins.

ApeSwap and Seascape are providing a pCWS-BNB farm with rewards in BANANA, ApeSwap’s native token. Users can stake APE-LPs in exchange for BANANA rewards. Similarly, there is a GNANA staking pool in which users can attain CWS APR rewards. Over $200k in CWS and BANANA are available.

To initiate this partnership, the two teams are celebrating with a campaign to reward their users, and a NFT art competition. Users can contribute their art, and 3 winners will split a $750 prize. Winners will have their art turned into NFTs usable on their shared platforms. Stay tuned to the Seascape and ApeSwap social media accounts for further details.

“Our partnership with ApeSwap opens up a lot of possibilities for us,” says Seascape CMO Kerel Verwaede. He continued:

“As the fastest blockchain gaming platform we are looking for solid partners we can work closely with and do a lot with, and Apeswap is exactly that.”

This partnership is one of several scheduled for Seascape over the course of summer, as Seascape joins the list of top shelf projects in ApeSwap’s #HotDefiSummer. These are early, yet promising days for the Asia-based crypto start-up.

Visit https://apeswap.finance and https://www.seascape.network for more information.

Follow on Twitter: @ape_swap @seascapenetwork

Read up on Medium: https://medium.com/seascape-network

Telegram: @ape_swap @seascapenetwork

Media Contact Details

Contact Name: Kerelv Verwaerde (Seascape) / Rafiki (ApeSwap)

Contact Email: kerel0592@163.com / rafiki94@protonmail.com

Seascape Networks and ApeSwap Finance are 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: thinkbitcoins

NFTMUSIC.AI: The Breakthrough Utility Token for the Music Industry

Posted on June 14, 2021 by thinkadmin

Press Release: NFTMUSIC.AI have released details of a new platform which enables artists the ability to control digital content using smart contracts and blockchain.

15th June 2021, Singapore – The growth of the internet and mobile era has opened an entirely new world for creatives. While it has empowered the music industry and given it new grounds to profit from, there are still inherent uncertainties such as illegal downloads and underpaid royalties.

As the viability of the music industry in the 21st century comes under question, NFTMUSIC.AI’s mission is to create an ecosystem that safeguards all the content that everyday musicians and content creators develop, and to prevent the fruit of their labor from being taken advantage of. NFTMUSIC.AI aims to change the landscape of the music industry by empowering artists in the industry through their content, and move the musical culture forward as they do so.

“Musicians and artists have limited ways of monetizing and keeping track of their original compositions and performances because they still get ripped off their royalties somehow,” says Founder, Leon Lim. He continued:

“We built NFTMUSIC.AI to empower them to do what they do best, while using technology to solve these complex tracking and monetization problems.”

The opportunities offered by blockchain technology have enabled NFTMUSIC.AI to re-think how the music industry operates. Harnessing the power of blockchain technology, they believe that it can improve upon the current limitations of digital music distribution and create an ecosystem that will support musicians in gaining proper compensation for their work.

Building MUSETTE: A Revolutionary and Disruptive Platform

To conquer these challenges, NFTMUSIC.AI is developing a blockchain-based ecosystem that rewards musicians and streamlines the music licensing process.

MUSETTE Live Streaming App

NFTMUSIC.AI is developing their own live streaming app, MUSETTE, which is scheduled to launch in June 2021. MUSETTE will be the stage for the world’s most amazing and talented musicians to share their love for cultivated music. The app will serve as a connection between listeners and content creators in hopes of inspiring a new generation of musicians; nurtured in an environment which encourages creativity, culture, values, discipline and greatness.

MUSETTE NFT Platform

NFTMUSIC.AI is building a bridge between art and mankind. The MUSETTE NFT Platform makes it seamless for creators and musicians to register, sell, and buy unique works on the decentralized web. Creators can upload their creations and put them up for sale. By using smart contracts on the blockchain network, they will be able to securely prove ownership of their digital content, thereby keeping its authenticity and preventing duplication or theft. The platform also empowers creators to set their own royalties and claim a portion of the resale value should their work get resold in the future. Never in the history of mankind has this been possible, until now.

Future Plans for Mass Adoption

NFTMUSIC.AI has created a well-defined yet aggressive and organized roadmap for the year. Being an ongoing project for less than a month, NFTMUSIC.AI has accomplished many milestones, with more to come. The team is currently building the MUSETTE platforms and rolling out marketing campaigns.

$MUSIC: The Utility Token for NFTMUSIC.AI

MUSIC is a deflationary BEP-20 token built on the Binance Smart Chain (BSC). Holders will be able to use the MUSIC token to buy and sell creations to show support for their favourite creator on the MUSETTE NFT Platform. MUSIC is available for trading on PancakeSwap.

About NFTMUSIC.AI

NFTMUSIC.AI is a music ecosystem created to help musicians and creators share and trade their digital content with minimal hassle, while gaining proper compensation for their work. It is backed by MRC Ventures, a venture builder company based in Singapore.

Follow NFTMUSIC.AI’s social media channels to stay up to date with their latest news:

Media Contact

Contact Person: Toong Si En

Email: info@nftmusic.ai

Address: 10 Kaki Bukit Avenue 4 #09-68 Premier@ Kaki Bukit Singapore (415874)

NFTMUSIC.AI 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: thinkbitcoins

The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

Posted on June 9, 2021 by Bitcoin PR Buzz Feed

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Bitcoin Press Release: Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following successive fundraising achievements.

9th June, 2021, Kuala Lumpur, Malaysia— Torum, the first DeFi, and NFT-infused crypto social media platform is now going to launch an NFT launchpad that is designed with cross-chain interoperability. The integration of the NFT feature will enable projects to raise funds from a community of over 56,000 cryptocurrency users and investors.

Introducing Torum NFT Launchpad

Torum NFT Launchpad is developed on Torum’s DeFi staking platform, Torum Finance that offers any issuing projects to launch NFTs with different rarity and total supply and also the burning period of the NFTs. There are two types of public launches with different criteria and gamification options available to choose from on the launchpad.

The first option is a dual token launch which gives NFT holders the vested right to burn the NFTs and receive the native tokens of both the issuing project and Torum in return. This launch creates a mutually beneficial result where NFT owners will receive two types of tokens, while the issuing projects can enjoy a higher public sale completion rate from both Torum and its community.

The second option is a single token launch which gives NFT holders the vested right to burn the NFTs to receive the issuing project’s native tokens in return. Other details such as whitelisting, token release rules, and buying limit per participant, will depend on the issuing projects but will offer such projects immense flexibility to make their first debut on the Torum NFT Launchpad.

Why choose Torum NFT Launchpad?

Unique from other NFT launchpads in the industry, launching on Torum will provide 5 exclusive benefits to projects, including:

An active community with over 56,000 cryptocurrency investors
Multi-chain support for public launch in the future (BSC & HECO)
Available listing on NFT marketplace that supports ERC-721 assets, including Torum’s upcoming NFT marketplace
A premium opportunity to sell the tokens to the loyal community at a price lower than the price of IDO and CEX / DEX listing
Resource and brand integrations, including VCs and strategic crypto communities

The process does not stop when the Initial NFT Offering is completed, as projects can leverage the premium advantages of Torum, as a social media platform to continue strengthening their community-building effort and post-launch marketing activities.

Recent Project Achievements

Torum has successfully completed three separate fundraising goals over the last three months. The project completed a $500,000 presale with zero marketing presence in March 2021, raised a $1.5M private round from AU21, Consensus Lab, DFG, M6, and 16 other prominent VCs in April 2021, and successfully sold off $243,000 INO in under 20 minutes in May 2021.

In terms of development, the innovation of the team behind Torum has enabled the project to become the first to ever combine DeFi, NFT, and social media. By having a social media platform with over 56,000 cryptocurrency enthusiasts, Torum will be developing a BSC-based NFT marketplace and a DeFi staking platform to build a one-stop ecosystem that is specially designed for the crypto space.

Mobile App Launch & NFT Ecosystem

The Torum Android mobile app launch is expected by mid-June, while the NFT marketplace will be launched by around July. Meanwhile, Torum will be integrating the HECO chain and other mainstream public chain support into the Torum NFT Marketplace to develop the largest multi-chain NFT marketplace in the industry.

The continuous expansion of blockchain innovations will help Torum remain focused in the pursuit of its long-term vision of becoming the largest crypto ecosystem that connects the general mass to the crypto space.

About Torum

Torum is the world’s first DeFi + NFT social media platform that is specially designed for cryptocurrency users. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 other prominent VCs, Torum is now one of the fastest-growing social media platforms with over 56,000 registered users with a consistent 20 – 30% monthly user growth rate.

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com

Torum 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.

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The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

Posted on June 9, 2021 by Bitcoin PR Buzz Feed

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Bitcoin Press Release: Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following successive fundraising achievements.

Introducing Torum NFT Launchpad

Why choose Torum NFT Launchpad?

Unique from other NFT launchpads in the industry, launching on Torum will provide 5 exclusive benefits to projects, including:

An active community with over 56,000 cryptocurrency investors
Multi-chain support for public launch in the future (BSC & HECO)
Available listing on NFT marketplace that supports ERC-721 assets, including Torum’s upcoming NFT marketplace
A premium opportunity to sell the tokens to the loyal community at a price lower than the price of IDO and CEX / DEX listing
Resource and brand integrations, including VCs and strategic crypto communities

Recent Project Achievements

Mobile App Launch & NFT Ecosystem

About Torum

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com

Torum 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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Source: BPRB Feed

Source: thinkbitcoins

Sweet Expands NFT Marketplace to Shopify Ecosystem

Posted on May 19, 2021 by Bitcoin PR Buzz Feed

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Press Release: Sweet’s consumer-first enterprise NFT platform now allows brands to seamlessly offer NFTs through existing online store-fronts.

New York, New York – May 19, 2021 – Sweet, the leading enterprise NFT solutions provider, announced the integration of its NFT distribution platform into the Shopify marketplace, empowering brands, shop owners, and IP holders to sell NFTs through existing online store-fronts. The addition of Sweet into the Shopify platform enables global retail and entertainment brands to capitalize on the growing demand for NFTs while keeping consumers in their own branded checkout experience.

According to Tom Mizzone, CEO and founder of Sweet:

“To date, NFTs have been primarily sold through third-party crypto marketplaces, forcing brands to make the hard choice of directing consumers to an off-brand experience. Additionally, broader consumer bases want to buy and own NFTs but are confused by complex and intimidating blockchain wallet setup, and don’t know how to get started. Now anyone can get into the NFT game through the familiar Shopify checkout experience, furthering Sweet’s commitment to brand partners by prioritizing the consumer experience.”

Sweet’s scalable NFT platform is democratizing NFTs and creating broader ways for retail and consumer brands to offer digital collectibles to their users. The ability to sell and distribute through Shopify’s e-commerce platform not only enables direct NFT sales but also enables gamified, bundled, “gift with purchase” NFT experiences with physical merchandise.

“Imagine randomizing and bundling digital assets with t-shirts, vinyl albums, sneaker drops, and more,” said Ken Ellis, CTO of Sweet.

Ellis continued, “Now imagine gamifying the merch store by hiding Willy-Wonka style golden ticket NFTs in the bundles, surprising and delighting consumers with one-of-a-kind experiences. Not only can brands use Sweet’s technology to create engaging consumer experiences, drive sales, and drive profit margins, but the NFT can serve as a cryptographically secure digital certificate of authenticity. The NFTs are publicly verifiable and can’t be counterfeited, and packaging them with physical goods also ensures the authenticity of those goods.”

Sweet’s blockchain-agnostic, eco-friendly NFT solution is bringing digital collectibles to the masses by offering retailers flexible distribution options and the ability to mint cost-effective branded NFTs across multiple blockchains. Sweet’s magic is in making these unique digital assets easy for consumers to acquire and receive with no crypto knowledge or expertise needed.

The integration of Sweet’s NFT platform into the Shopify marketplace means that retail brands of all shapes and sizes can now offer NFTs to their consumers in use-cases that are specific and unique to their brand’s aesthetic and personality. According to CNBC, NFT sales in the first quarter of 2021 eclipsed $2 billion. Brands leveraging Sweet’s consumer-first solution are poised to capture a large percentage of sales as NFTs extend into the lives of everyday consumers.

About Sweet

Sweet is the broad-scale enterprise NFT solution taking a user-friendly, consumer-first, eco-conscious approach to digital collectibles. Sweet’s blockchain agnostic platform leverages multiple chains, each for the right use-case, allowing Sweet’s enterprise clients to create holistic, long-term NFT strategies that attract both high-end crypto enthusiasts as well as everyday loyal fans.

Media Contact Details

Name: Peter Keiser,

Role: EVP of Marketing, Sweet

Location: New York, NY

Phone: (201) 775-9000
Email: press@sweet.io

Sweet 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.

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Spring and Bondly NFT Partnership Unlocks Digital Potential for Creator Economy

Posted on May 12, 2021 by Bitcoin PR Buzz Feed

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12th May, 2021, San Francisco, California — Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital and physical product creation, unlocking a new wave of digital potential for the creator economy. Content creators will use Bondly technology on the Spring platform to create, mint and market NFTs.

In addition, Bondly will provide expertise to develop new digital experiences between creators and fans. More than $2 billion was spent on NFTs during the first quarter of 2021 — representing an increase of about 2,100% from Q4 2020*, so there is a lot of revenue that can be generated for individual creators. These new NFT capabilities will empower the creator to be the authentic creator of the initial digital product as well as rewarded for its creation.

Creators will now be able to simultaneously leverage Spring’s industry leading social integrations and combined with Bondly’s creation technology to sell NFTs, all accessible to fans globally at just the click of a button. Much like what they offer with their Digital Products, Spring will provide creators with a place to sell their NFTs, using their distribution channels to present fans with the opportunity to purchase them.

Bondly will power this next generation of digital collectibles and turn year-round fan engagement into a revenue center for influencers and others wanting to maintain ongoing fan interaction through embedded NFT perks and utilities. With the arrival of Web 3.0 which has been framed as the new ‘internet of value’, this value transfer has never been more clear than with the relationship between fan and creator. The partnership between Spring and Bondly will bring creators and fans closer together, as fans are now able to engage in a fandom that is exclusively between them and the creator via the sale of NFT’s on the platform.

Bondly opened the floodgates earlier this year, for mass NFT adoption by being the first to market with unique products in partnership with influencers and musicians and collaborations with gaming/collectibles creators. Bondly created and distributed YouTuber/Influencer Logan Paul’s first-ever limited-edition series of NFT collectibles for fans, generating $1.3M in NFT sales in the first 30-minutes.

And through Bondly’s core product, BONDSwap, singer, songwriter PelleK released and quickly sold out the first-ever NFT music album, earning $160,000. Two-time GRAMMY award-winning group and reggae royalty Morgan Heritage was the first reggae artist in history to introduce one new song and two digitally remastered titles via an NFT, along with rare digital art.

Spring’s platform enables creators to launch ‘social stores’ which allows creators to sell products via the social channels which have given them fame and followers, including TikTok, Instagram and YouTube. These successful partnerships resulted in explosive growth for the platform, with more than 450,000 verified creators signing up to the platform to build their socially integrated ecommerce stores as of January 2021.

2020 saw a spike of activity, with new creator growth exploding by 135%, alongside a 92% growth in the number of creators who are actively selling their products through the platform. Spring has seen more than 30 creators become millionaires as a result of selling on the platform.

CEO of Spring, Chris Lamontagne says:

“NFTs give creators the ability to produce and more importantly, own their digital creations. At Spring our goal is to put the power in the hands of the creator and that begins with ownership. This is an opportunity for creative people to sell their products on the internet in a way which has not been done before. Partnering with Bondly has been excellent, we have a shared vision of a creator economy combined with NFT capabilities at scale and both understand how truly powerful that can be.”

CEO of Bondly, Brandon Smith, said:

“Spring and Bondly are perfect partners because we see NFTs as a fan engagement tool and work to create tailored, perk-enabled NFTs to increase the market value for creators. We focus on quality first, so that each NFT will stand the test of time and maintain its value to the fan, ensuring their perception of each creator not only remains as good as before the sale, but also actually enhances how they feel about them.”

Spring Socials

Website | Instagram | Twitter | Tiktok

Media Contact Details

Contact Name: Lisa Sorge

Contact Email: lisa@bondly.finance

Bondly 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.

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Spring and Bondly NFT Partnership Unlocks Digital Potential for Creator Economy

Posted on May 12, 2021 by Bitcoin PR Buzz Feed

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CEO of Spring, Chris Lamontagne says:

“NFTs give creators the ability to produce and more importantly, own their digital creations. At Spring our goal is to put the power in the hands of the creator and that begins with ownership. This is an opportunity for creative people to sell their products on the internet in a way which has not been done before. Partnering with Bondly has been excellent, we have a shared vision of a creator economy combined with NFT capabilities at scale and both understand how truly powerful that can be.”

CEO of Bondly, Brandon Smith, said:

“Spring and Bondly are perfect partners because we see NFTs as a fan engagement tool and work to create tailored, perk-enabled NFTs to increase the market value for creators. We focus on quality first, so that each NFT will stand the test of time and maintain its value to the fan, ensuring their perception of each creator not only remains as good as before the sale, but also actually enhances how they feel about them.”

Spring Socials

Website | Instagram | Twitter | Tiktok

Media Contact Details

Contact Name: Lisa Sorge

Contact Email: lisa@bondly.finance

Bondly 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.

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Source: thinkbitcoins

Omni.ai Releases Whitepaper for Alternative All-Inclusive and Revenue-Sharing Social Media Platform

Posted on April 9, 2021 by Bitcoin PR Buzz Feed

9th April 2021, Delaware, United States – Social media has reshaped the digital landscape, yet people worldwide feel more disconnected than ever. The big giants have all innovated successfully, but constant monetisation efforts for the sake of corporate profit have done away with interpersonal connections, and have therefore transformed the user into the product.

Omni are taking this concept and making it a thing of the past by creating a true alternative to today’s social media platforms. Omni will introduce a holistic, user-focused ecosystem that rewards engagement and forges new connections between users. Omni combines the best features available today in the social media world into a singular app suitable for messaging, streaming, sharing, and interacting with content and its creators. This is all packaged nicely with market-leading gamification that yield the user profit linked to the performance of the company in the form of OMNI coins.

Announcing the Omni Whitepaper

As Omni is getting closer to reaching its goal of building genuine online communities, the platform has now released its much-anticipated whitepaper. A quick read will unveil Omni’s immense value proposition and its bid to help users regain control over their online interactions.

Whitepaper readers will come to learn more about Omni’s blockchain-based revenue-sharing model. In brief, each interaction via the mega social media app will yield OMNI coins, which can be redeemed within the app at a rate directly correlated with company profits. Earning OMNI is simple, and happens passively, while users do the things they already do on a daily basis, like following a post, sharing statuses, building connections with new friends, or live streaming.

Valuable information on OMNI’s tokenomics is also provided, with readers learning more about long-term value growth sustainability for the native token. Relevant know-how on the usage of investment funds, as well as plans on DEX listings and Omni’s marketing strategy are also provided.

The whitepaper’s rewards structure shows how engagement efforts will be converted into redeemable coins which can be sold back to the company in exchange for profits. Loyal users will be rewarded generously, whereas content creators will obtain fair revenue shares in exchange for their hard work.

The whitepaper goes on to showcase Omni’s ambitious plan to become a true alternative to the big social media platforms, infamous for forgoing user experience in hopes of attaining higher profits. With focus being placed on providing an user experience that’s beyond immersive, Omni’s whitepaper unveils what social media should be all about.

Readers will also discover Omni’s plans for NFT integrations. In a nutshell, content creators are enabled to easily transfer or license ownership of their works. By integrating NFTs within its value proposition, creators worldwide will fairly and transparently earn royalties within Omni’s social ecosystem. Combined with the revenue-sharing incentive via the OMNI coins, the social media game is transformed into actual revenue streams.

Unveiling Omni’s Social Features

Omni is serious about its goals of reshaping the social media industry. As such, Omni’s whitepaper proposes multiple features, including secret chats, ecommerce capabilities, channels, viral content, dub & duet integrations, and more. While such features are normally accessible via multiple social media apps, Omni combines them within a single interface, building a seamless user experience.

As shown in the whitepaper’s section on user data security and privacy, user interactions like messages remain accessible only to the intended recipients. Omni does not snoop into everyone’s private affairs, but rather breeds unparalleled engagement with family, friends, brands, content creators, and more.

About Omni’s Total Addressable Market

By this point, Statista reports that 3.6 billion people used social media in 2020, with the number expected to grow beyond 4.41 billion in 2025. With millions of hours spent browsing feeds on a daily basis, Omni can expect a huge inflow of users, content creators, and brands over the next few years. The app’s potential is virtually limitless, as it retains everything that’s great about social media, yet drops anything that users dislike. This is deeply discussed in the whitepaper section tackling market analysis and the competitor landscape.

With these aspects in mind, Omni bids farewell to cumbersome user interfaces, lack of synergy, invasive ads, and privacy concerns by setting new standards in the social media industry. It’s finally time to welcome genuine user engagement powered by gamified incentives, with sufficient features to serve as a true competitor for today’s social media giants.

Don’t be a product of your environment. Make your environment your product. Check out the Omni website today to learn more at omni.ai

Join the community on Telegram: https://t.me/omni_app

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Omni 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.

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Omni.ai Releases Whitepaper for Alternative All-Inclusive and Revenue-Sharing Social Media Platform

Posted on April 9, 2021 by Bitcoin PR Buzz Feed

Announcing the Omni Whitepaper

Unveiling Omni’s Social Features

About Omni’s Total Addressable Market

Don’t be a product of your environment. Make your environment your product. Check out the Omni website today to learn more at omni.ai

Join the community on Telegram: https://t.me/omni_app

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

Omni 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

The post Omni.ai Releases Whitepaper for Alternative All-Inclusive and Revenue-Sharing Social Media Platform appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins