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Cryptocurrencies/Coins/Aurora (AURORA)
Aurora price, market cap on Coin360 heatmap

Aurora(AURORA)

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$1.4247
(-17.06%)
0.00006654 BTC
Market Cap (Rank#245)
$91,202,279
4,260 BTC
Vol 24h
$617,647
28.8485 BTC
Circulating Supply
64,013,466
Max Supply
1,000,000,000
9 days agocryptodaily
Dusk Network releases 2022 Report - Secure development through the coming years
Dusk Network has just released its fourth transparency report in which it underlines the strong financials that will enable the company to continue its cutting-edge development in fully compliant, private and decentralised finance. Despite a crushing bear market, Dusk Network has forged ahead on a road to long-term growth, all the while adapting to the fast-changing regulatory environment for cryptocurrencies. Fast becoming one of the leaders for developing a privacy-focused blockchain for financial assets, Dusk Network’s breakthrough Zero-Knowledge Proof technology is set to revolutionise financial markets into the 21st century. Daybreak Public Testnet launches successfully With the launch of the Daybreak testnet, the public can now interact with and learn more about the technology in place. Those who are tech-savvy can install the CLI wallet and start executing transactions. The testnet includes three major technical break-throughs in the form of PlonK, the lightning-fast zero-knowledge technology, Succinct Attestation, which delivers settlement finality through a unique proof-of-stake consensus mechanism, and the RUSK Confidential Smart Contract platform which enables anyone to program privacy-enabled smart contracts. Focus on business development and marketing Given Dusk Network’s aim of scaling up to support its growth, the team is looking to make new hires in the areas of business development and marketing. The whole team has been working remotely since the onset of the pandemic, and now get-togethers are planned for four times per year. Roadmap Daybreak As already mentioned, the Dusk Network Daybreak foundation phase of the roadmap is currently being implemented and tested. Daylight Daylight is the next phase of development. Here the focus is on decentralisation, and a gradual move towards a more community-run network that has less and less dependence on Dusk Network. The team expects a lot of bugs as the network transitions to far greater decentralisation. This is welcomed, given that the more patches and fixes that are made as more issues come to light, the stronger and more secure the network will become. Alba After Daylight comes Alba, with the power of smart contracts. The Confidential Token Standard (XC) will come into play, and a development toolkit will be released that will enable developers to easily deploy confidential tokens. Aurora The final phase for the time being on the Dusk Network roadmap is the Aurora security tokens and applications stage. Aurora will harness the power of Zedger, a cutting edge model for security token transactions. Zedger will allow the development of regulated financial products that include both privacy and regulatory compliance features. Download the full Dusk Network Report 2022 here. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
11 days agocointelegraph
Aurora Labs exec details 'fascinating and devious' crypto scam he almost fell for
A sharp-eyed escrow agent and a screenshot saved Aurora Labs' head of product Matt Henderson from losing his tokens to scammers.
44 days agocryptodaily
10,000 Aurora Cats To be Airdropped to STRMNFT, Lady Apes Users
STRMNFT registrants and fans of LAC will be given Aurora Cats NFTs via airdrop. According to StreamCoin’s press release, 10,000 Aurora Cats will be awarded to STRMNFT’s first 10,000 users. The collection’s airdrop will coincide with the upcoming public mint of TNC Art Team’s Lady Ape Club (LAC) on STRMNFT and OpenSea. STRMNFT registrants and fans of the Lady Ape Club (LAC) NFT collection will be given Aurora Cats NFTs via airdrop, sources say. According to StreamCoin’s press release, 10,000 Aurora Cats will be awarded to STRMNFT’s first 10,000 users to register on the platform and join the ‘Allow List’. To become eligible, users should first register on STRMNFT, StreamCoin’s dedicated NFT marketplace. They should also follow the social media accounts of the NFT platform and Lady Ape Club. The STRM team revealed that skipping any of the eligibility criteria will forfeit the chance to get an airdrop. Notably, StreamCoin describes Aurora cats as “an artistically-crafted NFT collection” consisting of “fantastic, chic, individualistic cat artworks.” The collection’s airdrop will coincide with the upcoming public mint of TNC Art Team’s Lady Apes Club on STRMNFT and OpenSea on July 6 and 7, respectively. Last week, STRMNFT reported a spurt of more than 5,000 users on its platform since its launch earlier this year. Their listing of LAC was said to be the NFT marketplace’s largest minting campaign. In related news, it was previously reported that LAC chose to mint on STRMNFT given the partnership between TNC and StreamCoin. More than that, an LAC spokesperson admitted that their decision was mainly attributed to STRMNFT having a “promising” NFT ecosystem. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
73 days agocointelegraph
Aurora pays $6M bug bounty to ethical security hacker through Immunefi
Over $200 million worth of users' funds could have been at risk if the whitehat chose to exploit the vulnerability for personal gain instead of reporting it to developers.
74 days agocryptodaily
Getting Paid To Save The Earth With DeFi: Too Good To Be True?
Some dream of money, some dream of status, others - of saving the planet. We know we are having big problems with the things our previous generations have caused with the emergence of the industrial and agricultural revolutions, but it has been incredibly difficult tackling each of the variety of factors that contribute to climate change. At large, there is one main problem that persists: even if collectively, the world unites to manage bins better, cut down on red meat, use only renewable energy and resources, we would still face the fact that these single little different efforts by different individuals cannot help the planet at a substantial scale. However, what if one was to offer you monetary value for your help towards reviving the environment, what if the right incentives were put in place for people to enjoy? Incentives, as generations of governmental control and world-defining events have proven, are some of the most powerful tools for tackling causes in groups to achieve success at a large scale. With DeFi, The Planet Can Be Saved, But Not By The Ignorant If people can work towards a very specific common goal and be handsomely rewarded for their efforts and contributions, even the most daunting and seemingly impossible tasks can be overcome and greatness can be achieved. Seeing the world of cryptography build up a wide ecosystem of people ready to start living in a more independent and decentralised way both structurally and financially as cryptocurrencies arise, it has become clear that through collective action and financial incentives, wonders can be done by a dedicated community. DeFi and Web3 have given crypto enthusiasts power most have not imagined, whether through staking mechanics, yield farming or NFTs. However, what the majority of the aforementioned enthusiasts have not yet been introduced to are blockchain-based carbon credits by exciting new projects taking up the initiative to fight and win against climate change. KyotoProtocol.io Emerges One such project absolutely worth mentioning and further discussing is KyotoProtocol.io - a fully immersive DeFi protocol reinventing carbon credits through an entirely new multilayer protocol. The project utilises the latest developments in smart contracts to create a long-lasting and superbly effective standard for the carbon credit industry on-chain, as the blockchain ledger and the data it holds perfectly aligns with the goals of carbon credits. Why should Web3 enthusiasts care about this? Well, for starters, the ecosystem KyotoProtocol.io has built massively outcompetes projects of similar structures, but that's not all - the reward potential for using blockchain carbon credits and staking on the platform is highest in existence today. KyotoProtocol.io is seemingly about to completely revolutionise carbon offset markets because of its well-thought out, very rewarding incentives for people to help the planet. How do these reward incentives work then? KyotoProtocol.io has built a unique fair launch genesis pool that distributes tokens in a way so that enthusiasts can see a fixed compound interest return through an automatic staking function. What's more is that whilst KyotoProtocol.io will launch on the Near Blockchain’s Aurora L2, the features it offers will be interoperable and supportive of all blockchains. It is the aim of the project to enable partners and investors to earn passive but substantial revenue streams during their participation in carbon offsetting. To go into the specifics of KyotoProtocol.io's rewards, we should add one of the most attractive points for any participant - the project will be offering an eye-watering 916,474% fixed APY for the first 12 months of active involvement - this is possible because of the positive rebasing $KYOTO token and it’s automatic compounding staking capabilities. Main Ecosystem Features That Create Sustainability Moreover, those who hear the incredibly high APY might be put off by thoughts about fund security and protection, but the platform is structured in a way so that 5% of all fees go into the protocol's own protection fund, The Kyoto Token Insurance Fund, making the entire project very valid and safe. The insurance fund lives in a separate wallet within the KyotoProtocol.io ecosystem, and sits there mitigating risk of downside, preventing bank runs, and making the protocol's growth sustainable. If the process of helping the planet heal whilst earning passive income was hardly accessible and difficult to manage, the goals could hardly be achieved. Therefore, the only thing a user will have to do to start getting paid for saving the planet is buying and holding the project's native $KYOTO token that gets auto-staked and allows people to simply watch their rewards accumulate. Another winning feature of the KyotoProtocol.io ecosystem is the fact that $KYOTO token holders are getting paid every 15 minutes, on a 24/7 basis, which makes the protocol one of the fastest auto-compounding protocols in the whole industry. There is another crucial feature within KyotoProtocol.io ecosystem that helps the project make sense even to the most sophisticated and experienced crypto enthusiasts demanding more decentralisation - a token burning mechanism preventing inflation of the supply called The Kyoto Token Burn Pit. 3% of all the fees go to the Burn Pit, the system is completely automatic, and helps stabilise the platform in case volume or liquidity undergo rapid changes - transaction routing is very transparent and all the compliance rules are met. The last substantial feature of the KyotoProtocol.io ecosystem is none other than The Kyoto Token Liquidity Generator - a program automatically injecting liquidity into the market every 48h hours, liquidity that is split 50/50 between $KYOTO and $ETH and makes the KYOTO/ETH token pair always available for the user, with no exceptions. This also makes the protocol more stable, as well as way less susceptible to market slippage. What Have We Learned Today? For humanity to survive and thrive, we have to drop our carbon emissions by at least 3-5% per year, or 55% in total by 2030 -according to European scientists. But not every initiative or motivation has to arise as a result of a centralised government’s orders. DeFi and Web3 have given us the tools we need for carbon offset maximisation through certified Carbon Credits on-chain, and KyotoProtocol.io is the perfect example of a project achieving both the technology and microeco(token)nomics for the right incentives to take steps towards tackling climate change ourselves. Starting June 15th, 2022, on the KyotoProtocol.io Genesis Pool Launch, we will be able to offset carbon emissions by putting our money to work with synthetic carbon credits, receiving serious value through passive income streams from automatic staking.Check out KyotoProtocol.io and its in-depth White Paper, along with their Twitter page to know more about getting involved in June.
98 days agocointelegraph
Aurora launches $90M fund to finance DeFi apps on Near Protocol
Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers.
106 days agocoindesk
Curve Finance Integrates With Near’s Aurora Network
NEAR’s DeFi hub, Proximity Labs, will allocate up to $7.5 million in grants to Curve.
112 days agocryptosrus
This Ethereum Competitor Is Already Working Like Ethereum 2.0
While everyone is waiting for Ethereum’s move to proof-of-stake, Aurora Network on Near already has it figured out. Covered: What Is Aurora Network Aurora Ecosystem Blossoming RECOMMENDED: HOW TO GET NEAR’S USN STABLECOIN FOR 10% STAKING REWARDs What Is Aurora Network Aurora Network is an Ethereum Virtual Machine (EVM) compatible Layer-2 (L2) blockchain built on […] The post This Ethereum Competitor Is Already Working Like Ethereum 2.0 appeared first on CryptosRus.
115 days agocryptodaily
NEAR Protocol’s USN Stablecoin Goes Live
The decentralized stablecoin, called USN, was launched on the NEAR Protocol mainnet today, led by the Decentral Bank DAO. Another Stablecoin Joins NEAR Ecosystem The news of the launch was announced in a statement by NEAR’s DeFi arm, Proximity Labs, confirming a prior report that the stablecoin was in development. While the NEAR Protocol is a scalable Layer 1 blockchain, the USN is a decentralized stablecoin that is soft-pegged to the dollar but does not hold cash reserves. Basically, it functions similar to TerraUSD (UST) and Frax Finance (FRAX). To mint the USN stablecoin, users need to deposit NEAR tokens as collateral. DAO-Led Stablecoin The DAO in charge of the USN stablecoin is the Decentral Bank, which is working in tandem with Proximity Labs. The DAO earns revenue of 11% by staking NEAR tokens with security validators. 10% of this annual revenue will be paid via USN. Therefore the actual USN yield will vary according to the NEAR staking percentage and the market value of the tokens. In fact, ‘first lenders’ could rake in much more through incentives. The Decentral Bank DAO is planning to assist the stablecoin through an arbitrage system to ensure that USN trades around $1 worth of NEAR tokens. The DAO is also putting forth a reserve fund with an undecided amount of NEAR and USDT tokens owned by the DAO treasury. NEAR Protocol x Terra (UST) The NEAR Protocol has been partnering with other stablecoins and integrating them on its platform. Back in November 2021, the NEAR team announced that it was working with Terra to integrate its UST Stablecoin on NEAR and Aurora. The integration was born out of a partnership between leading DeFi protocols Rose and NearPad, and Terra. This integration allows users to bridge assets directly from Terra to Aurora by using Allbridge. Additionally, incentives will also open up to allow users to directly deposit UST liquidity into the protocols to be accessed by the NEAR and Aurora communities. Crypto Investors Flock To NEAR The protocol has also been successfully raising capital through multiple consecutive funding rounds that have attracted many crypto-native investors. Earlier in April, it raised $350 million of investment in its latest round, led by US-based investment company Tiger Global. It also saw contributions from Republic Capital, FTX Ventures, Hashed, and Dragonfly Capital. The goal of the protocol is rapid decentralization of the NEAR ecosystem, a mission that the crypto investment market is more than happy to support. The team had previously raised $150 million in a private token sale held just four months ago, with participation from Su Zhu’s Three Arrows Capita, Mechanism Capital, Dragonfly Capital, Andreessen Horowitz (a16z), Jump, Alameda, Zee Prime, and Amber Group. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
134 days agocryptodaily
NEAR Protocol Raises $350M In Latest Funding Round
The $350 million fundraising round for blockchain developer NEAR Protocol was led by the American investment firm Tiger Global. Crypto-Native Investors Bet On NEAR The $350 million funding round, which was led by Tiger Global, also raised contributions from other crypto-native investors like Republic Capital, FTX Ventures, Hashed, and Dragonfly Capital, among others. According to Team NEAR, the capital raised has been earmarked to fund the acceleration of the decentralization of the NEAR ecosystem. Just three months ago, in January 2022, NEAR Protocol had raised another $150 million in a private token sale led by Su Zhu’s Three Arrows Capital, with participation from major crypto-focused funds including Mechanism Capital, Dragonfly Capital, Andreessen Horowitz (a16z), Jump, Alameda, Zee Prime, and Amber Group. Both the funding rounds have pulled in crypto native investors, adding to the credibility of NEAR’s offerings. It indicates that the market is optimistic about this protocol’s ability to live up to its promise of a decentralized network. Amos Zhang, a partner at MetaWeb VC, a crypto VC fund with a focus on NEAR, has pointed out that the investment from Tiger Global indicates its faith in the protocol. NEAR Gets Cash-Rich October 2020, when NEAR launched its mainnet, was the start of the team refocusing its energy on creating a user-friendly platform for dApp developers. The protocol runs on a Proof-of-Stake (PoS) blockchain, ensuring high transaction speeds and low costs. The team has been developing the platform to function as an alternative to Ethereum, which is plagued by scalability issues and high transaction fees. The multiple investments have created a cash-rich ecosystem for the NEAR Protocol. This, in turn, has proven to be beneficial for the projects being developed on the blockchain. For example, the Aurora bridge, launched in May 2021, successfully raised $12 million to develop EVM compatibility on the network. NEAR’s Funding Initiative Back in October 2021, Team NEAR announced the launch of an $800 million funding initiative to finance the growth and development of the NEAR ecosystem. A sizeable chunk of the fund was allocated to go towards the protocol’s DeFi sector, as, at that point, DeFi projects on NEAR had hit a significant milestone, with over $150 million in Total Value Locked (TVL). Therefore a solid $350 million fund was earmarked for a new DeFi development DAO. Other funds allocated include a $250 million fund for existing projects to be distributed over the next four years, $100 million for a group of 20 startups and another $100 million for the development of NEAR’s international communities. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
190 days agocryptodaily
Washington Nationals Teams Up With Terra In First Sports-DAO Partnership
The partnership will include display sponsorships as well as exploring options of cryptocurrency adoption in the Nationals Park. Terra Signs Sponsorship Deal With Washington Nationals The leading Major Leagues Baseball team, Washington Nationals, has announced its partnership with Terra, one of the largest decentralized autonomous organizations (DAO) in the blockchain industry. The partnership will allow Terra to advertise on the premier club space behind the home plate at Nationals Park. Terra ads will also be displayed on the in-stadium signage. Additionally, the DAO will also be featured on a five-part digital series for the Nationals’ social platforms. Finally, as one of the leading Major Leagues team, the Washington Nationals could also be viewing this partnership as an opportunity to enhance fan experiences through blockchain technology. As part of the agreement, TerraUSD or UST (which is an algorithmic stablecoin belonging to the Terra ecosystem) could be accepted as a payment method at Nationals Park as early as next season. Founder of Terraform Labs, Do Kwon said, “This first-of-its-kind partnership between a DAO and a sports franchise opens a new world of opportunities for bringing crypto and DeFi to the masses. By approving this sponsorship deal, the community has a new way to engage and educate the public, including the policy makers doing important work in Washington, D.C., about decentralized money and the burgeoning technology that underlies it.” The Nationals Club Renamed Terra Club The exclusive, climate-controlled indoor space located at field level just behind the home plate, which used to be known as The Nationals Club, has been renamed as the Terra Club. Exclusive access to the Terra Club will allow guests to enjoy food and drinks in the dining room or in their seat, without missing out on the game. Mark D. Lerner, managing principal owner of the club commented, “The Nationals continue to push the envelope. We are excited to partner with Terra to name our most exclusive club and explore bringing powerful new fan experiences to Nationals Park, including the use of UST cryptocurrency to make purchases.” Terra has been on a streak of partnerships lately. Prior to the Washington Nationals, the DAO team had collaborated with NEAR Protocol towards the end of 2021. Under the partnership, it was announced that Terra will be integrating the UST stablecoin on NEAR and Aurora, which boosted the value of NEAR tokens by over 30%. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
229 days agocryptodaily
Crypto Weekly Roundup: Microstrategy’s BTC Splurge, Crypto.Com CEO Blasts CMC, Binances’ Fresh Troubles, And More
The Crypto space has had another eventful week, with significant developments regarding BTC, ETH, NFTs, Regulations, and more. Here is a quick recap of some of the biggest developments from the crypto space that took place over the past week. Bitcoin Musk Weighs In On Satoshi Nakamoto’s Real Identity Billionaire Elon Musk has given his views on who he regards as the real Satoshi Nakamoto in an interview with Lex Friedman. Musk stated that he might actually know who the actual creator of Bitcoin was, going as far as to say that he would confirm it without hesitation if it is actually him. “Well, you can look at the evolution of ideas before the launch of bitcoin and see who wrote about those ideas. I don’t know who created bitcoin for practical purposes. The evolution of ideas is pretty clear for that, and it seems as though Nick Szabo is probably more than anyone else, responsible for the evolution of those ideas.” MicroStrategy Continues To Purchase BTC MicroStrategy has revealed in a filing with the SEC that it has bought a further 1914 BTC during the month of December. After this set of purchases, MicroStrategy is in the custody of 124,391 BTC, purchased at an aggregate purchase price of $3.75 billion. The purchase comes after the company purchased 1434 BTC between 29th November and 8th December. Ricardo Salinas Urges Followers To Ditch Fiat Mexican Billionaire Ricardo Salinas urged his followers to ditch traditional currencies in a Christmas message. He further called traditional currencies fake and “made of paper lies.” He implored his followers to invest in options such as crypto, especially in Bitcoin. Salinas is a backer of BTC and has regularly promoted BTC over traditional fiat currencies. Ethereum ETH Will Eventually Flip BTC According to Real Vision Chief Executive Raoul Pal, it’s only a matter of time before Ethereum becomes the leading cryptocurrency in the market. Pal stated that with the immense growth and the speed of innovation on Ethereum’s network, ETH would be outperforming BTC in the near future. According to Pal, BTC has seen only marginal growth during the year, which can be attributed to large investors and institutions who joined the network. Altcoins Prominent Shiba Inu Backers Bicker In Twitter Back And Forth A Twitter spat between prominent supporters of Shiba Inu, Ask the Doctor, and Shytoshi Kusama kept followers engrossed, with both accounts threatening each other with legal action and doxxing. The Canadian platform also threatened to expose the true identity of Shytoshi Kusama. Ask The Doctor was a prominent SHIB whale but did a complete 360, dubbing Shiba Inu as the “biggest scam in the crypto space.” NEAR Announces UST Stablecoin Support NEAR announced that Terra would integrate the UST stablecoin on NEAR and Aurora. The integration means that NEAR’s high-speed network will support Terra’s UST stablecoin. The integration was possible thanks to a partnership between leading DeFi protocols NearPad and Rose. The announcement also had a significant impact on the NEAR token, with its value rising by over 30%. Technology Fashion Comes To Decentraland Tokens.com has announced that it has purchased land in Decentraland. It also revealed that it sees the Metaverse as a huge opportunity and wants to bring fashion brands into the Metaverse and Decentraland. While still early days, institutions and companies are beginning to understand the potential of the virtual worlds, leading to a rush to purchase land in the Metaverse. NFT Decentraland Recreates NYE Drop In The Metaverse Jamestown and Digital Currency Group have announced a partnership to launch a version of One Times Square in the Decentraland Metaverse. The Metaverse will also see a replication of the New Year’s Eve Ball Drop Celebration hosted from the One Times Square Rooftop. Business North Korea Responsible For The Theft Of $1.7 Billion From Exchanges According to reports emerging in South Korea, hackers from North Korea are responsible for the hackings that have led to $1.7 billion USD stolen from various cryptocurrency exchanges. Three North Korean Military Intelligence officials have been accused by the US Justice Department of carrying out the attacks on behalf of the government. Susan G Komen Begins Accepting Crypto Donations Susan G Komen, the largest breast cancer charity in the world, has announced that it will begin accepting donations in cryptocurrency through a partnership with The Giving Block. The announcement stated that the charity would be accepting BTC, along with Dogecoin and Shiba Inu. CoinMarketCap Slammed For Inaccurate Trading Volumes Crypto.com CEO Kris Marszalek heavily criticized CoinMarketCap for misreporting trading volumes related to Crypto.com. Marzakek stated that CoinMarketCap had changed the platform’s ranking to 14th, reflecting a trading volume of $1.8 billion. However, numbers reported by CoinGecko put Crypto.com at 3rd, with a trading volume of $3.1 billion. PwC Enters The Metaverse PricewaterhouseCoopers has announced that it has entered the Metaverse after purchasing LAND in the Sandbox. With the purchase, PwC becomes the first professional service to enter the Metaverse, joining the likes of other companies such as Adidas, Atari, South China Morning Post, Snoop Dogg, The Walking Dead, and several others. Regulation Ontario Securities Commission Takes Binance To Task The Ontario Securities Commission handed Binance a stern rebuke after the latter reached out to users in Ontario, telling them that it would not be stopping its Ontario operations after positive talks with regulators. According to the OSC, Binance still lacks the regulatory clearances to operate and had stated to the OSC that no new transactions would take place after 31st December. France sets Sights On Influencers Promoting Crypto Scams France has created a task force to tackle the growing menace of influencers who promote scam cryptocurrencies and crypto scams. The task force will ensure that consumers are protected from rising Ponzi schemes and crypto scams that have led to a number of people losing their money. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
237 days agocryptosrus
Why Is NEAR Protocol Up 70% Over The Last Week?
Is NEAR the next LUNA? If so, how far is Near from the moon?  Covered: Why The Pump? UST Integration and Interoperability Why DeFi on Aurora and Near is Exploding NEAR Protocol is another Layer-1 blockchain that has been quietly flying under the radar for much of the year. In the 11th hour, though, Near […] The post Why Is NEAR Protocol Up 70% Over The Last Week? appeared first on CryptosRus.
239 days agocryptodaily
NEAR To Support UST Stablecoin After Terra Partnership
NEAR Protocol has announced that Terra will be integrating its UST stablecoin on NEAR and Aurora. The news of the integration saw the value of NEAR tokens jump by over 30% to $12.73. The integration sees Terra’s UST Stablecoins supported by the high-speed NEAR network and was made possible through a partnership announced between leading DeFi protocols Rose and NearPad. Details Of The Partnership The partnership between NearPad, Rose, and Terra will see the availability of the UST token to new ecosystems on NEAR and Aurora. Users can also use Allbridge to bridge assets directly from Terra to Aurora. Alternatively, they can also utilize a number of other supported chains. NearPad and Rose will also offer incentivized opportunities, allowing users to deposit UST liquidity into the protocols. This liquidity can then be accessed by the NEAR and Aurora communities. Speaking about the integration, NearPad and Rose founder Aiden Knox stated, “Partnering with Terra to bring UST to our community will be a big step towards growing the Near and Aurora ecosystem. “I’m excited to be working closely with the Terra team to not only bring UST to NearPad and Rose, but also for the deeper integrations and collaborative projects this partnership enables.” A Multi-Chain Composable Future UST’s expansion to NEAR will allow users to access a host of benefits that protocols built using NEAR’s technology. Users will also have unrestricted access to some of the most popular assets on NEAR. In essence, UST on NEAR highlights the importance of a multi-chain and composable future. Co-Founder of NEAR, Illia Polosukhin, commented, “NEAR has been built for simplicity, security, and scalability. Stablecoins like UST provide a simple interface to store value and interact with apps which need to use a stable unit of account. Connecting NEAR and Terra ecosystems via Allbridge allows apps like Rose and NearPad to offer new ways to use stablecoins to both communities.” Head of Business Development of Terra, Jeff Kuan, also spoke about the excitement of working with NEAR, stating, “We’re excited about the NEAR ecosystem and are looking forward to continuing UST’s cross-chain expansion via NearPad and Rose. Working with strong teams like theirs, we’ll see UST embedded more deeply in the global DeFi ecosystem.” NEAR Token Sees Significant Jump Meanwhile, the news of the integration has brought a significant jump in the value of NEAR tokens, which have seen a jump of over 33% since the integration, with NEAR trading at $12.73 at the time of writing. Prior to the announcement, NEAR tokens were trading at around $8.6 before breaking past the resistance levels on Wednesday morning. NEAR has seen a flurry of activity lately and had recently announced an $800 million funding initiative aimed at driving the growth of its ecosystem. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
241 day agocryptodaily
MoonBoat AMA | The NFT Waves Base on New Public Chain
“Moon Boat” is a AMA column jointly launched by ADAMoracle and SHENGSHI Capital. It is designed to capture industry hot topics. Each event will focus on hot topics and hot projects in the blockchain field, there will also be Joint Airdrop bonus! For Panel1, we had Near Protocol, Uniarts and ADAMoracle to talk about “The NFT Waves Based on New Public Chain The following is the content of MoonBoat panel1: Q1: Please briefly introduce yourself and your project. NEAR: Hi, I'm Iota Chan, I am a NFT marketer and Community Builder with NEAR Asia. I'm glad to be here to do a quick dive into the NEAR NFT Ecosystem. I'm also excited to share TENK, the PFP NFT Project Launcher we built on the NEAR. NEAR is a layer one,developer-friendly, POS, public blockchain blockchain with a trustless bridge to Ethereum. It's unique strength is a focus on UX that makes web3 decentralization accessible to the next billion users migrating from web2. NEAR is Simple, Secure and Scalable and is ready for mass adoption of blockchain. NEAR is aiming to onboarding 1 Billion people on chain in 5 years,Besides that it has infinite scalability with Nightshade Sharding and 1 second block times with Doomslug. With low gas fees and fast transactions,NEAR perfect for new creator’s economy based on NFT’s. There are Two NFT marketplace on NEAR: Paras.id and Mintbase.io.Mintbase was running on Ethereum since 2018. Due to high gas fees and environmental impact Mintbase needed another solution. The platform migrated to NEAR on 18th of May, 2021. They have launched stores for thousands of artists and organizations, including deadmau5.With Minbase, Creators own their smart contracts. web2 developers can build their own nft storefronts using mintbase js api. Mintbase on NEAR is built to scale for real world applications like ticketing, loyalty programs, promotional collectables, and other everyday use cases. Paras is an NFT marketplace focusing on Digital Collectibles, digital art cards that were inspired by real-world trading cards back in the 80s. Unlike other marketplaces, Paras is putting collections forward instead of a single art release.Aiming to attract not only crypto collectors but also conventional trading card collectors. Paras just had its one year anniversary 1:1 online Auctions ADAMoracle: Hello, everyone, I am Michael Clare from the Bahamas, I am the Global Strategy Officer of ADAMoracle, and I am also an economist at the Bahamas Ministry of Finance, and ambassador of the Global Blockchain Business Council (GBBC). I am very happy to discuss any topics with you guys today. ADAMoracle is the industry’s first decentralized oracle that adopts the "wide-area node price feed" mechanism, adding a large number of diversified servers as computing nodes and storage nodes, replacing traditional oracles with Turing mechanism, and striving to achieve continuous technological innovation. ADAMoracle laboratory has also been paying attention to the development of public chains and NFTs, helping to build these new forms of underlying infrastructure, and building a safe, credible, accurate, and self-maintainable decentralized oracle network. UniArts: UniArts is an Exhibition and IDO platform for NFTs with value discovery as its core feature. Providing NFT voting incentives, DAO curation, and artworks NFT gaming features to better bond and connect fine art NFTs with the community. With these features, UniArts define itself with a simple word: Art-Fi, Art-Fi, is UniArts’ Innovative answering to Fine Art NFTs. With Art-Fi:UniArts allows community members with UARTs & wETHs to vote for any NFT artwork that they want on the platform. Voting benefits both the art lover and the artist because they are given new UART tokens during the process, and UART token also minted into NFT at the vote end with the amount of vote it received. Meanwhile,The person who wins the NFT auction can take out the UART and sell it. Therefore, in theory, the value of an NFT should not be lower than the value of the UART contained in it. At the same time, you can stake UART tokens to bid for a curator position, which allows you to move your NFT from other platforms (like OpenSea) to UniArts. While on UniArts, these moved NFTs can be displayed and voted, while UARTs will be minted into curator's (voted) NFTs., Also, the NFT sold on UniArt’s “Impossible Art Formula Gallery” can be used as cards in the “ART-VERSUS” NFT Game, which will start around Q1 2022 In a word, UniArts’ Art-Fi: Fine Arts with social, game and benefit Q2: The new public chain and L2 have detonated a new round of enthusiasm in the market this year. Under the fierce competition among major public chains/L2, why did you choose Near?/BSC?/Polkadot….? NEAR: $NEAR is a carbon neutral L1 blockchain with low gas fees and fast transactions. NFT royalties and splits implemented at the standards level which means they work across all marketplaces. $NEAR offers an L2 experience through Aurora.dev, an EVM running on top of NEAR which is compatible down to the base token being ETH. That means solidity devs only need to reconfigure and deploy to migrate, not a single line of code to change. Focus on UX goes a long way for onboarding folks that have never encountered crypto before. Every account getting a human readable name by default (.near instead of .eth). The NEAR ecosystem has over 100 DAOs where you can earn crypto with your skills. Creatives can get involved in more ways than selling NFTs. https://nearguilds.com/ NEAR scaling tech is unparalleled. Nightshade sharding is like the blockchain virtual machine running on a rendering farm vs a single GPU (which is Solanas approach). 1 second block time makes web3 dApps feel snappy and ready for adoption by the next billion users migrating from web2. ADAMoracle: The current outbreak of Defi, NFT, Metaverse and other ecosystems puts forward higher requirements on the performance of the blockchain. Although Ethereum has to propose the Ethereum 2.0 plan due to high performance and high GAS fees, the mechanism change of Ethereum is extremely difficult, and it is also causing the new public chain to usher in an explosion. The application of smart contracts is developing rapidly, and many new public chains have been developed for a period of time. All competitors in the new public chain track are working hard to solve problems such as decentralization, security, and scalability. The competition is also quite fierce. Representatives of new public chains such as NEAR, Solana, Polygon, etc., the performance of many public chains has not lost or even exceeded the standard that Ethereum 2.0 can achieve. They are building their own networks. This kind of innovation and differentiation is also the driving force for the industry as a whole. The outbreak of new public chains will activate more applications, and ADAMAoracle will also give these chains assistance in interacting data. UniArts: ETH is the network with the most art NFTs, and the main tone of UniArts is art, and the GAS fee of ETH is too high, so we chose Polygon, which is closer to ETH, to ensure that there is a better art NFT sink, but also to guarantee that the GAS fee is not high. gas fee of BSC is very low, and more importantly, there are very many NFT project parties and game project parties. We have a major strategic route to work with these project parties and do the first value discovery distribution of NFT, so we will choose Polygon and BSC. Q3、Is NFT a short-term trend or a long-term development direction in the future? Why do you lay out the NFT track? NEAR: It will continue. NFTs democratize content and innovate the creator’s economy. It is here to stay. Crypto is volatile and unprecedented, NFA&DYOR! That said, high quality data is available from opensea, cryptoart.io, and nonfungible.com. Pessimistic (still not bad): If you prescribe to the Gartner hype cycle then it looks like NFT Art has crested the peak of inflated expectations, will have a dip, and will rise to settle into a plateau of productivity. Optimistic: Traditional fine art buyers have a lot to gain from NFT. You don’t need to keep an NFT in a climate controlled warehouse with guards. Considering an estimated global art market of $60 billion, the growth opportunity could dwarf this year’s spike. ADAMoracle: The combination of ADAMoracle and NFT can use the oracle machine for NFT smart contracts to complete real-time monitoring and data interaction. Developers can use the ADAMoracle to securely connect NFT with data, web API, and various data providers, and further promote the prosperity of the NFT ecosystem. Project parties can create NFT, and use the ADAMoracle to quickly import real assets such as land and artworks off chain, which enhances the dynamic connection between NFT and the real world, so that the price of NFT gradually approaches its true value. Anyone can Buying and selling NFT at reasonable prices will further increase the liquidity of NFT. UniArts: For UniArts, NFT will definitely serve as a long-term development direction.Today, the NFTs ecosystem continues to grow. Many of the projects have been successfully using blockchain technology for a long time and already have a large pool of creative human capital, collectors and a loyal audience.At the same time, more and more content creators are discovering the possibility of monetising their creativity. Blockchain technology and NFT are increasingly being recognised by influencers and key players in the relevant fields. The crowd has always shown interest in this area. According to NonFungible, between 100 and 20,000 people are interested in buying NFT every week. projects based on beautiful and original ideas continue to emerge, opening up new possibilities for the use of irreplaceable token technology at the borders of science and industry.But there are still a lot of crypto art participants who don't know much about the new gameplay and mechanics, so it's important for us to make ourselves known to a wider audience. Q4、What are the advantages of your own projects? How do you stand out in the market competition? NEAR: TENK is an open source profile picture project launcher on NEAR. It provides the art generation scripts, smart contract, and web front end. TENK also provides marketing playbooks and support. Marketing is the most important piece for a projects success. Artists who launch projects on NEAR have access to an ecosystem of over 100 active DAOs. There are also many gamefi and dApp partnership opportunities for artists. TENK helps artists add utility to NFTs through these strategic partnerships. NEAR Misfits was the first project launched by TENK. It sold out within 24 hours. We have a long pipeline of artists interested in working with us and always like meeting new artists. ADAMoracle: ADAMoracle is the first project in the oracle field to feed the price by wide-area nodes. It supports multi-chain operation. It is a representative of Oracle 3.0. It achieves true decentralization and solves the opacity and non-transparency of oracle products in the market. ADAMoracle has established a comprehensive risk control model, which can be seen from the process of the oracle machine's price feed: When the user initiates a data request, ADAMoracle will start calculations to carry out large-scale data screening and calculation. The first step is to screen out a batch of most matching nodes and deliver message requests; the nodes that receive the request will then be sent from the exchange or Obtain data from the Internet and transmit it to the secure background of ADAMoracle; ADAMoracle selects the most accurate node with the most accurate price feed data through the aggregation contract, so that it can complete the price feed service. Compared with other oracle product, ADAMoracle builds a large-scale wide-area node network with thousands of hardware servers, and can filter out a certain scale of price-feeding nodes in the price-feeding service, which can effectively avoid the problem of a single data source, thereby The accuracy of the price feed data is guaranteed. At the same time, the more nodes, the higher the cost of attacking the oracle system. Its wide-area node network mechanism can effectively solve data security issues and reduce data usage costs. At the same time, the wide-area node mechanism implemented by ADAMoracle provides more people with the opportunity to participate in the price feed. As long as a hardware server with standard performance can join the wide-area node network, it truly creates an oracle that "everyone can participate". UniArts: The core idea about UniArts’ ART-Fi is to bond and connect artwork NFTs with the community and apply social attributes. We understand that collectable NFTs are valuable because they are backed by Community Consensus meanwhile Crypto Arts lacks this feature due to its “1-on-1” seller-buyer 2 point interaction. Once some purchased an NFT, these isn’t a proper “Crypto-native scenario” to show out one’s collection. But with UniArt, every one can become a Curator and show out their collection in the best place of our gallery, and let the community to common and vote for these NFTs, and benefit from the appreciation of these NFTs. Both artistes and collectors can fans and follower with UniArts’ features. Also, everyone who votes for NFTs, will receive a free souvenir NFT, with a smaller version of the metadata of the NFT they voted Embedded in. Q5:The economic model is very important to every project, and it is also the most concerned issue for investors. Could you please introduce the economic model of the project? NEAR: Royalties are implemented at the protocol level on NEAR. This means they're respected across all the NFT marketplaces. Splits are also part of the NFT standard on NEAR. For TENK we take a split of initial sale and royalties.We negotiate the split on a per project basis. A project can be self service and use our open source tools without giving anything back. It's nice when they do give back, which helps us fund new features and improvements. ADAMoracle: The total issuance of ADAM is 100 million. In terms of distribution, wide-area node mining 60%, private sale 13%, liquidity mining 9%, community contributor rewards 5%, initial circulation 3%, community/market 5% for operation and 5% reserved by the team. It can be seen from the economic model of ADAM that wide-area node mining is the center of the token output, and the node is the center of operating the entire oracle. ADAMoracle seeks a decentralized governance ecosystem. Project parties and investment institutions only occupy a small number of ADAM shares, and most of the ADAM shares are given to nodes, because nodes are not only participants, but also builders. This will be more conducive to the circulation of ADAM. The contribution value of the wide-area node server is calculated by quotation accuracy, node pledge amount and server space capacity. When the network reaches a certain computing power, the pledge amount will be reduced accordingly. The total output of the first phase of wide-area node mining is only 12 million ADAM, and the total network computing power is limited to 200 PIB. With the output of ADAM, even with the early circulation of 3 million ADAM, it can be used to participate in the pledge of early node mining are still limited, so in a short period of time, the mining yield will be relatively stable. UniArts: In simple words, stake UARTs and vote for NFTs create more UARTs, stake more UARTs to bid for a curatorial position to exhibit one’s NFT collections to be voted. The very nature of UART, is an abstractive unit of human favour for artworks NFTs in the network. (Just recall when a mobile APP or a song asks you to rate it between 1 to 5 stars, that 1 star is an abstractive unit of your favour in that system) The process of voting by staking UART for a particular NFT for a particular NFT generates not only gallery traffic for that NFT, but also asset transfer from the UART owner’s wallet to the staking pool. Since the costs of UARTs are none-zero, and the process of staking/voting is recorded in the blockchain and trustless, UniArts recognizes the proven traffic-add value for the NFT vote. With the repeat of the staking-and-vote process from different people, the value of voted NFTs increases. There are 100 million UARTs in total, about 60% UARTs will be mined from voting. 20% of UARTs that belong to early investors will be released during 5 quarters after TGE. Mre detailed information can be found here: https://uniartsnetwork.medium.com/ideology-methodology-of-uniarts-network-38b709e2e950 Q6: What is the current development focus of the project? Is there any progress in the near future? What are your plans for the future? NEAR: The next NFT project TENK has helped is NEAR Tiger Academy, dropping December 18th! RAWR NEAR Tiger Academy is a Profile Picture (PFP) NFT Avatar project that embraces a variety of professions and lifestyles. The collection consists of 2,000 algorithmically generated NFTs. The NFT project is associated with EnDAOment fund, which will invest in promising student researchers in blockchain, and the proceeds from these investments will be distributed to Tiger holders. CODAME ART+TECH Festival is about to announce our 2022 theme. It's about the rawness and authenticity that we experience in the crypto space. We are always interested in meeting new artists, partners, volunteers, and sponsors. Paras has begun to integrate their token into the site. It's use cases include verifying artists and voting for features. We've learned not to ask Mintbase when they will launch a token
292 days agocryptodaily
$1.2 Million Investment Round Fast-Tracks reBaked To Multi-Chain DAO Infrastructure
reBaked is advancing in the development of a set of governance, management, and operations tools for DAOs and Web 3.0 ecosystems. The functionality is needed to enable projects to distribute and manage their treasuries with greater efficiency while focusing on value generation. The attraction of over $1.2 million at an oversubscribed seed round has allowed the reBaked project to fast-track the development of its decentralized grant management network and help talented individuals across markets to align their incentives with those of contributors. The safeguarding of the long-term success and financial well-being of blockchain ecosystems is at the core of the reBaked launchpad, which offers extensive tools designed to offer collaboration, growth, and governance mechanisms for all participants to reach their goals. The reBaked launchpad allows Web 3.0 projects to get enhanced deliverables faster, build stronger community bonds, decentralize faster, and achieve better return on value to all stakeholders using the native $BAKED token. The native asset is fully backed by ecosystem treasuries accumulated by incubated projects that form the backbone of the RBKD DAO. But the reBaked project offers more than just a venue for collaboration, focusing on core products that help shape the ecosystem, including: reBaked Pioneers is a reverse launchpad for designing, launching, and scaling Web 3.0 projects by soliciting the skills of a community of experts, enabling projects to build stronger foundations and attract investments. reBaked Build is decentralized grant governance and DAO payroll based on Minimum Guaranteed Payment & Bonus Payment mechanisms. All rewards in-system are based on tri-party feedback from other collaborators, the project team, and reBaked observers, ensuring fairness and transparency. reBaked CrowdHack is an advanced hackathon platform for Web 3.0 coin integration as a base currency, and escrow smart-contract functions. CrowdHack is focused on holistic feedback with an integrated discovery system identifying similar or identical solutions from other platforms, guaranteeing solution uniqueness. reBaked Playshare is an in-game revenue sharing mechanism for Play 2 Earn games for allowing metaverse asset owners to accumulate passive income and minimizing risks for players. The reBaked PlayShare service is designed to provide an in-game revenue sharing mechanism for Play 2 Earn games, allowing metaverse asset owners to accumulate passive income, and players to start without upfront investment or financial risk. Players from emerging economies will thus have a sustainable source of income generated through a creative process incorporated into gameplay, thus gamifying the financial side of making money. The reBaked project has established working partnerships with several projects. entailing the use of RBKD products. Among the most recent support groups are the communities of the Polygon, Harmony, and NEAR & Aurora projects that RBDK is targeting The project is passing through roadmap milestones and scaling rapidly. The nearest release is reBaked Pioneers, set for launch in late October. Next is PlayShare, expected in February of 2022. At present, the development team is looking ahead to Q4 of 2021, which foresees IDOs on four launchpads, the launch of a Proof of Talent Campaign aiming to recruit ten thousand community members, as well as the Rewards for Campaigns and long-awaited Staking and Governance functions. The reBaked project is achieving traction with the release of key sections of the ecosystem, all aiming to add value to both the project and all participants. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
309 days agocointelegraph
Aurora raises $12M in debut funding to scale Ethereum ecosystem
The solution recently joined forces with Etherscan to provide blockchain statistics to its native developers.

About Aurora

The live price of Aurora (AURORA) today is 1.4247 USD, and with the current circulating supply of Aurora at 64,013,466 AURORA, its market capitalization stands at 91,202,279 USD. In the last 24 hours AURORA price has moved -0.0296 USD or -0.02% while 398,149 USD worth of AURORA has been traded on various exchanges. The current valuation of AURORA puts it at #245 in cryptocurrency rankings based on market capitalization.

Learn more about the Aurora blockchain network and how it works or follow the price of its native cryptocurrency AURORA and the broader market with our unique COIN360 cryptocurrency heatmap.

Aurora Price1.4247 USD
Market Rank#245
Market Cap91,202,279 USD
24h Volume617,647 USD
Circulating Supply64,013,466 AURORA
Max Supply1,000,000,000 AURORA
Yesterday's Market Cap107,326,080 USD
Yesterday's Open / Close1.7116 USD / 1.682 USD
Yesterday's High / Low1.7885 USD / 1.6808 USD
Yesterday's Change
-0.02% ( 0.0296 USD )
Yesterday's Volume398,149.22 USD
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