Not sure what to do with ERC-20 tokens of failed projects?
Project iQuantXchange (https://iquant.exchange) swap ERC-20 tokens of failed projects for IQX token. The startup has been around for over a year, and during that time it has established itself as a stable platform for swapping worthless tokens for the promising IQX token, which will become the utilitarian token of their new exchange service.
The iQuantXchange will distribute all proceeds from transaction fees to all IQX token holders and is potentially a very powerful investment tool. So powerful, in fact, that some users are buying tokens from failed projects to exchange them for IQX.
To participate in this swap you just need to go to their website https://iquant.exchange, go to Swap Rate Checker section and enter the token you want to get rid of. You will be shown the exchange rate. Then just register and make the exchange. Get answers to questions about this project you can here: https://iquantx.medium.com/learn-about-the-project-from-this-faq-948250871307 or in the project's Telegram group @iQuantX
Wu-Tang Clan’s Ticalion Stallion Method Man to Drop ‘Tical World’ NFT Comic Art
Clifford Smith Jr., better known by his stage name Method Man from the rap supergroup the Wu-Tang Clan, announced plans to launch a non-fungible token (NFT) collection called "Tical World." The tokenized comics and Killa Beez-centric art was designed by the New York artist Alex Smetsky.
Wu-Tang Member Method Man to Launch Killa Beez-Centric NFTsThe popular member of the rap supergroup Wu-Tang Clan, Method Man has revealed he’s stepping into the non-fungible token (NFT) industry. Method Man is releasing an NFT comic series called the "Tical World" chronicles and "Part 1: The Origin," which offers a slew of features from the Wu-Tang rapper. The NFT will include never-before-released music from Method Man, 3D animations, and apparel.
The well known member of the rap supergroup Wu-Tang Clan, Method Man.
Bitcoin Selling Pressure High as BTC Whales Deposit to Exchanges, According to CryptoQuant CEO
CryptoQuant CEO Ki Young Ju is highlighting a possible catalyst driving Bitcoin’s selling pressure as the leading cryptocurrency now trades below $30,000.
In a CryptoQuant quick take, the head of the on-chain analysis firm points to the exchange whale ratio, an on-chain indicator that tracks the activity of deep-pocketed investors by dividing the top 10 BTC transactions by the total amount of BTC sent to crypto exchanges.
Dynasty jolts the crypto sector by issuing a token referenced to tangible real estate assets
With its buy-back and burn procedure, Dynasty enhances token scarcity Swiss-based company, Dynasty Global, has issued a token reference to the real estate. A key feature of D¥NS token is that its total supply is capped at 21 million just like the Bitcoin token. However, the difference between D¥NS token and Bitcoin is that all the 21 million tokens of D¥NS have been already issued. These tokens will be released in four tranches of 5,250,000 tokens per year.
D¥NS token has various attributes that distinguishes it from the rest in the market. Key among them include:
Reference to Real Estate
Though D¥NS may bear some similarities with Bitcoin when total supply is concerned, it is different. For starters, D¥NS has some reference to the real estate market, a quality that many tokens in the market don’t possess. The token’s reference to the real estate market delivers more solidarity and credibility into the crypto market.
Purchasing Premium Real Estate Assets
Dynasty Global intends to use the funds raised from its D¥NS token sale to purchase ultra-premium real estate assets. The company’s team has experienced real estate professionals who have identified potential properties to buy. Once the properties are bought and developed, they will generate income that will be used to buy back D¥NS from the market and burn them. This tactic ensures that there is scarcity in the market by reducing the circulating supply.
The concept of repurchasing the tokens
According to the principle of demand and supply, when a commodity is scarce in the market, its value might spike. Dynasty Global intends to use this law by repurchasing the D¥NS tokens and removing them from circulation. Besides creating sanity in the ecosystem, this procedure will also ensure that the token is limited in supply.
The following are some of the benefits that D¥NS holders will enjoy:
Storage: the token can be kept in different wallets, such as Trust, Mist, and MetaMask, as well as in the exchanged where it will be listed.Simple to trade: the token is bought and sold easily, Accessibility: it’s accessible to various kinds of crypto holders,Payment: it can be used as a payment token, Liquidity: its liquidity is high due to its repurchasing procedure. Scarcity: buy-back and burn procedure reducing total token circulation supply,Rapid transactions: Token holders can conduct their transactions quicklyNo bureaucracy: because Dynasty offers reduced bureaucracy token is ment to be simple to enter and exit D¥NS.Verification of prospective token buyers
Dynasty Global investments has a big role of ensuring that prospective token buyers are properly vetted. The company intends to use Know Your Customer (KYC) procedures to mitigate risks of scamming and money laundering.
About Dynasty Global Investment (AG)
Dynasty Global is a global platform located in the well-known Crypto Valley, an ecosystem found in Zug with vibrant linkages to international enterprises of blockchain technologies. Because of its friendly business environment, a deep talent collection, and complex infrastructure, Crypto Valley has become a global center for blockchain and decentralized ledger technologies. Firms situated in this centre can blossom in a secure and supportive environment.
Website: https://www.dynastygi.com
Telegram: /channel/dynastygi
Twitter: https://twitter.com/Dynasty_GI
Large, Luxury Penthouse in Miami Sells for $22 Million in Crypto
One of America’s most luxurious penthouses just sold for more than $22 million – and the deal was completely finalized through cryptocurrency. The home consists of four bedrooms and is located within a condo building known as Arte by Antonio Citterio, which is situated in Miami Beach, Florida and designed by real estate developers Alex Sapir and Giovanni Fasciano.Miami Real Estate and Crypto… A Perfect Match?While crypto-real estate deals have been occurring over the past seven years, they are not common in any way, shape, or form. Typically, in America, all deals close through USD, but both Sapir and Fasciano expressed their excitement over the event and said in a recent interview that they always felt real estate and crypto went hand in hand… It was just a matter of time before people realized that, and as a result, they have consistently been open to homebuyers looking to pay their way with digital currency.Sapir explains that there were several offers made on the residence, many of which would have also been done with crypto. He explained:There is a strong, pent-up demand for cryptocurrency transactions that are seamless and secure for both parties, and the deal at Arte is a prime example of that. We were overwhelmed by the amount of calls we received from qualified buyers just after announcing our ability to facilitate cryptocurrency transactions. Real-world crypto transactions have not made their way fully into the mainstream yet, so it is quite clear top holders around the world pay attention when new opportunities to transact open up.Fasciano says that with this sale, he has no doubt Miami could become a leader in crypto-based real estate sales, and he is hopeful that this will attract more digital investors to the housing mix. He says:We are making Miami real estate history with this sale, as we were the first new development to facilitate this kind of cryptocurrency transaction, and to do so successfully so quickly after announcing. Cryptocurrency is the future of wealth, and we believe this is only the beginning. Arte has set the precedent for what these sales can look like and how fast they can take place. We are proud to have laid the groundwork for this new, burgeoning world.Why Crypto Works WellSapir further stated what it was that inspired them both to accept crypto in the first place:When we first set out to develop a boutique, resort-style oceanfront condominium for only 16 owners, no one had ever heard of anything so luxe and at such a small scale in Miami. It did not deter us, and we wanted to get ahead of a future world where half the world’s billionaires could have easily made their wealth from cryptocurrency. The quick sale of the Lower Penthouse at $22.5 million proves the success of the concept.The post Large, Luxury Penthouse in Miami Sells for $22 Million in Crypto appeared first on Live Bitcoin News.
Blockchain.com’s Head Of Research Breaks Down State Of The Crypto Market And What’s Coming For Bitcoin
The month of May was not a great one for the world’s biggest cryptocurrency and June hasn’t shown significant signs of improvement, not to the casual observer at least. Bitcoin had reached highs of over $60,000 but experienced a 40% drop after Elon Musk announced his car-manufacturing company, Tesla, was suspending Bitcoin payments despite having appeared to be advocates and buying $1.5 billion worth of BTC.
BTCUSD Chart By TradingViewMusk also implied the company would be selling its holdings but later indicated that would not be the case. The billionaire has since come under fire for what folks perceive is market manipulation and he has even received threats from the hacker group known as Anonymous.
Musk pointed to Bitcoin mining’s high energy usage but steps are being taken to make it so that mining becomes a much cleaner process in the future.
Ultra-Bullish On BTCMeanwhile, Blockchain.com’s head of research Dr. Garrick Hileman has encouraged investors to remain bullish amid the fears of a further crash in a recent Medium column.
“And for anyone who missed bitcoin’s runup to $64k we believe now is an attractive entry point to own your first (or more) crypto,” the piece reads.
Hileman’s research points out that crypto, in general, has already started its recovery following El Salvador’s adopting of Bitcoin as legal tender, although the International Monetary Fund has warned there could be costly repercussions.
MicroStrategy’s move to buy even more BTC is also considered to be one of the factors present crypto building towards a recovery. The company’s founder, Michael Saylor, was the one who brought Musk and a group of American miners together to discuss renewable energy mining last month.
And What Of China?China’s changing stance on Bitcoin is also causing worry but Hileman reckons the country is wasting its early lead in blockchain technology. He admits that, while China cannot bury Bitcoin, crypto will be worse off if the government finds success in suppressing it.
The Chinese government seemed to be in perfect stride with Musk when the country’s Premier announced plans to “crackdown” on Bitcoin mining. China is, of course, the world’s biggest mining hub, and such pressure could significantly affect the coin’s price.
China’s attack on Bitcoin is hardly novel, though. The country has been taking negative stances on the digital asset for nearly a decade now yet that did nothing to prevent it from reaching the heights it did in 2021.
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T.K.O. Summit 2021: Unlocking the Key to the Future of Cryptocurrency in Asia
After successfully holding various global blockchain events, such as Indonesia Blockchain Week 2020 and BSC Summit 2021, Tokocrypto upped the ante when more than 36,000 attendees from over 11 countries attended the virtual T.K.O. Summit 2021 on July 24, 2021.Pang Xue Kai, CEO of Tokocrypto, said,
“The huge delegation that welcomed the Total Kripto Overview Summit shows the enthusiasm for crypto in Asia. Excitement remains high, and it is essential to engage so we can begin to shape the regional crypto industry.”
Bitcoin Miners Receive Major Boost In Revenue Following ‘Great Hashrate Migration’ – What’s Next For BTC Price?
Bitcoin price was trading slightly higher this past week, though still lower by around 50% compared to its peak around mid-April. Price mostly fluctuated between $32k to $37k levels, designating that the volatility has cooled down.
BTCUSD Chart By TradingViewFurthermore, last week’s price movement was also an indication that the largest Bitcoin mining difficulty adjustment in history did not directly impact the price of Bitcoin. The adjustment, which took place on July 3, caused the Bitcoin mining difficulty to settle down by more than 27%.
The reason behind this historic plunge in Bitcoin mining difficulty was China’s vigorous crackdown on crypto mining operations. Needless to say, China has been the world’s crypto hub since one can remember. It was estimated that China accounted for around 65% of the Bitcoin hashrate.
NFT service ecosystem Venly raises fresh €500K from blockchain investment firm Tioga Capital
Venly (previously Arkane Network), an NFT management platform with a wallet solution and peer-to-peer NFT marketplace, announced it has raised €500,000 from blockchain investment firm, Tioga Capital.
The new funds will support Venly in building its engineer team and growing its client base. This funding comes weeks after Venly raised €1,550,000 in a seed round led by High-Tech Gründerfonds (HTGF).
Tioga Capital, founded in 2020 is specialized in funding blockchain projects. Tioga is, as the first Belgian shareholder, joining the Flemish investment company PMV; who provided funding during the first round as a firm believer of Venly’s added value in blockchain technology.
“A key enabler to drive this new virtual economy is the NFT technology. In order to power this new economy, the blockchain complexity needs to be abstracted away from the user experience. This is where Venly comes in. Venly is a B2B focused service provider that offers a suite of products to (game) developers which allows them to easily start using blockchain technology (NFT); without requiring any blockchain knowledge. The Venly team, serial entrepreneurs that are active in blockchain since 2016; have a good understanding of this space, and are well positioned to build a world class company.”– Patrick Van de Mosselaer, Founder of Tioga Capital
The Venly NFT Market, built on Polygon is now supporting Avalanche and soon Binance Smart Chain plus Hedera. On the Venly market, users can then trade NFTs in a fully compliant environment.
XRP Lawsuit: On Ex-SEC Chair Jay Clayton’s Sudden U-Turn After Suing Ripple
Ripple’s Boss, Brad Garlinghouse, on Monday, left a few remarks via his Twitter handle on a Wall Street Journal’s post co-written by former US-SEC, chairperson, Jay Clayton.The post which was co-written by Brent MacIntosh, the former Undersecretary of the US Treasuries for International Affairs, sought to preach the all-to-familiar stance of most crypto companies: ‘Crypto needs regulation, but it doesn’t need new rules.’Garlinghouse spelled out surprise over Clayton’s turncoat comments that the US government has no concrete and adequate regulatory framework for the crypto industry. He further added:“Cryptos, like nearly any new innovative technology, can be used for good or bad purposes. The problem is that US companies seeking to be compliant and use this tech for good are left in limbo (or for Ripple, worse!) because of a lack of a clear, predictable framework.”Jay Clayton, in his last days at the SEC, pulled a shocking stunt on the crypto community, suing Ripple for what it believes is the undocumented sales of large-scale XRP digital assets to unidentified customers.The bane of the case which was first announced in December last year is in determining if XRP – the digital currency of Ripple – is an investment contract or just another type of asset existing in digital forms. Assets bought and sold do not lie under the jurisdiction of the SEC, but investment contracts (also known as securities) are well within their powers to investigate, using the Howley test as a yardstick.When compared to Bitcoin and ETH…Via CoinMarketCap/XRPXRP, unlike fully decentralized Bitcoin, takes the shape of a centralized digital currency. This is because Bitcoin is still being mined by different people across the world, but Ripple pre-mined billions of XRP coins.How The Case is turning outThe latest in the seven-month-old lawsuit is a winning streak for Ripple. Judge Sarah Netburn denied the SEC’s plea to examine all records of Ripple’s conversation with lawyers and expert advisers to determine if it knew what class of asset XRP is, and what violations of the SEC’s laws it may have knowingly violated. This signified a sigh of relief for the company which has called the lawsuit a hindrance to its growth and plans to go public.Clayton further expressed that the foundational frameworks of the US laws suffice to build upon for crypto regulations, but the government has to be careful not to commit under-regulation or over-regulation.
