4h ago • cryptodaily
Litecoin (LTC) and Shiba Inu (SHIB) Price Prediction: Orbeon Protocol (ORBN) Set For a 6000% Price Increase In 2023
The cryptocurrency market is one of the most exciting and dynamic investment opportunities of our time. It's fast-paced, unpredictable and full of potential. In the last week alone, Litecoin (LTC) has surprised many crypto natives with a remarkable performance week after week. Currently priced at about $90, market watchers predict that LTC could break the $100 mark in days. Shiba Inu (SHIB) has had a rough start to the year, with more predictions pointing to an ongoing bear trend for the once-popular meme coin. However, Orbeon Protocol (ORBN), a newcomer in the crypto space, is setting up for a journey to the moon, with experts predicting a 6000% price increase by the end of the year.
>>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE<<
Orbeon Protocol (ORBN)
The Orbeon Protocol (ORBN) native token, ORBN, has seen an impressive 2713% gain since the start of its presale, with market analysts predicting a potential 6000% return by the end of the presale.
Orbeon Protocol (ORBN) is a platform that enables users to invest in nascent businesses through fractional means, allowing individuals to invest in their preferred brands for as little as $1. The Orbeon Protocol (ORBN) platform creates and distributes NFTs based on rewards and equity, which can be fractionated accordingly.
All investment terms are written into the smart contract of the NFT, ensuring transparency for both businesses and users of Orbeon Protocol (ORBN). Also, investors have been protected from rug-pulls thanks to a security mechanism that refunds investors in case the startup fails to fulfill its goals.
In addition to the investment platform, Orbeon Protocol (ORBN) also offers a wallet that users can use to store their NFTs and an exchange that can be used to swap the digital assets listed on the exchange.
With an 2713% price gain so far, ORBN has outperformed multiple coins in the market, including top cryptocurrencies, since its launch, and Orbeon Protocol (ORBN) has continued to gain momentum. The success of the Orbeon Protocol (ORBN) presale highlights the potential of the platform and its ability to offer a new, innovative way to invest in nascent businesses.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
6h ago • cryptodaily
More Funds For Crypto Crackdown: SEC Chair
The Chairperson of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is demanding more funds to support his regulatory crusade against cryptocurrencies.
Gensler Wants More Money
On a March 29 testimony to the House Financial Services Subcommittee for SEC’s fiscal year 2024, chief Gary Gensler demanded more financial support to keep up with the technological advances of the crypto sector. He has demanded that the regulatory body needs a higher functioning budget to crack down effectively on bad actors in the country.He said,
“Rapid technological innovation in the financial markets has led to misconduct in emerging and new areas, not least in the crypto space. Addressing this requires new tools, expertise, and resources.”
The budget amount of $2.4 billion was first proposed by President Joe Biden for the fiscal year 2024.
Agency Spread Thin, Needs Funds: Gensler
Gensler claimed that the SEC funds are already spread thin, and the agency requires funding in the amount of $2.4 billion to manage the increasing complexity in the capital markets as introduced by crypto companies. Giving an account of the agency’s functioning, Gensler reported that the Division of Enforcement and Examinations, which consists of a major chunk of the agency’s staff, had received over 35,000 separate tips, complaints, and referrals from whistleblowers in the crypto industry. On top of that, he reported that the Enforcement Division cracked the whip on 750 different cases last year by enforcing actions that brought in $6.4 billion in penalties and fines. Of these 750, thirty actions were related to the crypto industry and brought in $242 million of penalties, indicating a 36% increase over the 22 actions in 2021.
SEC’s Crypto Crusade
However, his statements at the hearing indicate that, as always, Gensler has approached the fund's appeal by lashing out at the crypto industry and portraying his own agency as the lone “cop on the beat” working against the big bad. His statements indicate that it is an unruly space full of bad actors whose sole aim is to trick funds out of the pockets of honest American citizens.
At the budget hearing, Gensler said,
“Further, we’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative asset class.”
The SEC has been accused of being extra-judicial when it comes to cryptocurrency. The regulatory body is quite insistent on getting cryptocurrencies declared as securities so that they fall under the SEC’s purview. The agency’s severe action against certain crypto companies without any congressional oversight has drawn the interest of the U.S. House Financial Services Committee, which has recently summoned Gensler to a subcommittee hearing in April.
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.
7h ago • cryptodaily
SBF Charged with Paying a $40 Million Chinese Bribe
U.S. prosecutors have added another charge to Sam Bankman-Fried’s growing list of indictments – paying a $40 million bribe to Chinese officials to unfreeze his hedge fund’s accounts.
United States prosecutors have accused Sam Bankman-Fried of paying Chinese officials a $40 million bribe to unfreeze FTX’s accounts. The bribery conspiracy charge adds to a 13-count indictment against the former CEO of the now-collapsed crypto exchange FTX.
Reuters reports Bankman-Fried is expected to be arraigned on the charge on Thursday before U.S. District Judge Lewis Kaplan in a Manhattan federal court. In a separate report, Reuters indicates that the former CEO intends to plead not guilty to the charge, citing a person familiar with the matter.
The new indictment against SBF alleges that he ordered a $40 million crypto payment to a private wallet from FTX’s sister firm, Alameda Research’s main trading account, to persuade Chinese authorities to unfreeze Alameda’s accounts containing over $1 billion of cryptocurrency. The indictment reads:
In or about November 2021, Samuel Bankman-Fried, a/k/a ‘SBF,’ the defendant, and others directed and caused the transfer of at least approximately $40 million in cryptocurrency intended for the benefit of one or more Chinese officials in order to influence and induce them to unfreeze the Accounts.
Reuters explains Alameda accounts were frozen as part of an investigation into an Alameda counterparty. The news agency adds that SBF’s prior attempts to influence Chinese government officials to unfreeze the accounts were unsuccessful.
Judge Kaplan Approves Changes to SBF’s Bail Restrictions
Judge Kaplan on Tuesday also approved amendments to SBF’s bail restrictions. CoinDesk reports the former CEO is no longer allowed to communicate with former FTX or Alameda Research employees except when counsel is present. Bankman-Fried is also no longer allowed to use any “encrypted or ephemeral call or messaging application, including but not limited to Signal.”
SBF’s electronic use is limited to a new laptop computer or phone that only provides him access to 40 pre-approved websites necessary for his defence or personal use “and do not pose a risk of danger to the community.” He has been ordered to hand over his old laptop and smartphone to his legal counsel, who will remove them from his premises.
Any visitor meetings must also be pre-arranged with Bankman-Fried’s defence attorneys, who must ensure security personnel are present to screen for unauthorized devices.
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.
8h ago • cryptodaily
Up and Coming Crypto Exchanges You Need to Know About in 2023
It is no secret that exchanges have continued to play a vital role in the growth of the burgeoning cryptocurrency ecosystem, providing enthusiasts with a platform for trading digital assets seamlessly. They serve as intermediaries connecting buyers and sellers, enabling them to exchange cryptocurrencies for other digital assets or fiat currencies.
One of the main benefits of traditional crypto exchanges is their simplicity and user-friendly interfaces. These platforms typically offer a more straightforward and convenient experience compared to decentralized alternatives, making it easier for beginners to enter the world of cryptocurrencies.
Moreover, they offer a high level of liquidity, something that is essential for efficient trading, as it allows users to quickly buy or sell assets without causing significant price fluctuations.
Lastly, traditional crypto exchanges often offer higher customer support and security. Since these platforms are managed by a central authority, they can invest in dedicated customer service teams that assist users with any issues or questions they may encounter.
In this article, we will list out some of the best up-and-coming cryptocurrency exchanges. So without any further ado, let’s jump straight into the heart of the matter.
Public
One of the fastest growing, most trustworthy $0 commission platforms in the market today, Public offers a comprehensive investment platform that empowers individuals to diversify their portfolios via a range of assets, including stocks, ETFs, treasuries, cryptocurrencies, artwork, and collectibles. On a technical note, the platform offers tailored company metrics, up-to-the-minute market analyses, live shows on market trends, and much more.
Public is a fully regulated broker-dealer but provides protection of up to $500,000 for any securities contained in its users' accounts. Additionally, the platform implements bank-grade security measures such as AES 128-bit encryption, TLS for secure data transmission, and default two-factor authentication (for an additional layer of protection).
Since its inception in 2019, Public has attracted over $300 million in investments. The platform's esteemed investors include Accel, Tiger Global, Sean 'Diddy' Combs, Will Smith (Dreamers VC), Maria Sharapova, Tony Hawk, The Chainsmokers' Mantis VC, and Shari Redstone's Advancit Capital.
MaskEX
One of the fastest-growing exchanges in the market today, MaskEX is a trading platform that focuses on delivering a secure and user-friendly trading experience. Featuring an intuitive interface, it caters to both novice and experienced traders, offering a wide range of cryptocurrencies for portfolio diversification.
Moreover, it comes with advanced trading tools, including real-time charting features, various order types, and in-depth market data, enabling users to make informed decisions and execute their strategies effectively. Security is a top priority for MaskEX, as evidenced by the fact that the platform features multi-tiered security protocols to protect users' assets and personal information. These measures include utilizing cold storage for a majority of its funds, distributed storage systems, multi-signature technology, two-factor authentication (2FA), and encrypted SSL connections.
Recently, MaskEX launched several promotional campaigns aimed at enhancing its clients' profit potential. One such initiative is the "Purchase and Earn" campaign for P2P traders, where users who purchase USDT on MaskEX P2P with supported fiat currencies during the campaign period can participate in a $500 prize pool. Another campaign revolves around the MaskEX Virtual Card, where users who make purchases using the card during the promotional period stand a chance to share in a $1,000 prize pool. Both campaigns will run from April 1st to April 30th.
Pionex
Pionex.US stands out as the top choice for automated trading in the cryptocurrency sphere due to its integrated auto-trading bots, competitive fee structure, and user-friendly interface. Launched in 2019, the Singapore-based Pionex has gained significant traction online by offering an affordable fee schedule along with a suite of 16 built-in trading bots. The US counterpart, Pionex.US, provides spot trading and features 11 available bots, making it the most comprehensive automated solution for cryptocurrency trading.
The platform boasts a range of bots with diverse functionalities, such as purchasing at a dollar-cost average for a single sell-off, automatically creating and rebalancing an index, and implementing various strategies for buying low and selling high. Furthermore, Pionex.US maintains an attractive maker/taker fee structure for spot trades, similar to its global counterpart. Depending on the crypto pairing, fees range from 0.05% to 0% and apply to both manual and bot-assisted trades.
While the platform excels in offering manual and automated trading options, tutorial resources, and customer support, it does have some limitations. For example, it is unavailable in certain states across the US, lacks some key fiat withdrawal options, and has insufficient bot tutorials/explanations on the company website.
PrimeXBT
PrimeXBT is another promising cryptocurrency trading platform that offers a wide array of financial instruments and advanced trading tools to traders from over 150 countries. One of its standout features is its extensive product offering, which enables users to trade cryptocurrencies, forex, commodities, and stock indices, all from a single account.
Additionally, PrimeXBT offers a highly competitive fee structure and employs advanced trading technology to ensure a seamless experience for its clients. The platform supports leveraged trading, offering up to 100x leverage for cryptocurrencies and even higher leverage for other asset classes, enabling traders to capitalize on market opportunities with minimal initial capital. Additionally, the platform delivers an ultra-fast order execution rate (< 7.12 ms on average) and an industry-leading trade engine with real-time risk management. Lastly, all transactions taking place within the PrimeXBT ecosystem are secured using the Amazon AWS framework.
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.
9h ago • cryptodaily
BitKeep Wallet Rebrands as Bitget Wallet, Releases Updated Roadmap for 2023
BitKeep – the largest non-custodial cryptocurrency wallet with over 8 million users, has released the details of its updated roadmap for 2023, which foresees its rebranding into Bitget Wallet. The new document was released shortly after BitKeep received a $30 million investment from the Bitget crypto derivatives platform and joined its growing ecosystem of financial and Web3 products.
The roadmap includes a concise outline for a complete rebranding of the service including the logo and style, with reshuffling of the management team and general improvements to infrastructure security, leveraging solutions from Bitget. Among the main points outlined in the document are alignment with Bitget’s overall visual appearance, as well as technical updates that will allow the service to function as part of the broader Bitget ecosystem. Most importantly, the 8 million users of BitKeep will be able to rely on the $300 million Bitget User Protection Fund in case of any potential threats, as the one encountered in December of 2022.
Bitget received a controlling stake in the BitKeep wallet for a $30 million injection during the latest funding round. The incorporation of BitKeep into the Bitget ecosystem will have a positive impact on user protection and overall system security. BitKeep will also receive quick access to cybersecurity experience as that provided by firms like Certik and new verification support features through MD5, as well as support for hardware wallets providers like KeyStone.
Bitget has been on the track of incorporating its services into Web3 space with greater resolve and speed, as outlined in its new ‘Go Beyond Derivative Strategy’. The acquisition of BitKeep is an important step in the exchange’s desire to expand its ecosystem of products and services to turn it into a holistic bridge between the worlds of DeFi and CeFi with quick access to Web3.
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.
11h ago • cryptodaily
Paxful To Refund Earn Program Users Following Celsius Collapse
With users waiting with bated breath for the bankruptcy proceedings of crypto lender Celsius to play out, Paxful has vowed to refund all impacted users of the Paxful Earn product.
Relief For Users
Ray Youssef, the CEO of peer-to-peer Bitcoin Marketplace Paxful, has stated that the firm will be refunding all impacted users of its Paxful Earn program. In partnership with bankrupt crypto lender Celsius, the Earn program allowed users to earn a yield on their Bitcoin. However, users were left in limbo, as Celsius’s bankruptcy meant they could not access their funds, as the lender froze withdrawals. However, the announcement by Paxful has given them hope. In a public statement, Youssef noted,
“Paxful, like many others, were paralyzed to act as we could not retrieve funds held by Celsius. Another hit came when the courts ruled that Celsius Earn Accounts belonged to Celsius’ bankruptcy estate, not to its users.”
While announcing the news, the Paxful CEO stated that he was personally taking action and would ensure that all impacted users would be refunded. He added on Twitter,
“We have done the right thing and refunded @paxful users who lost funds with Celsius Earn. I could not stand by and watch them suffer, so we’ve made them whole. Our users always come first to me. This is the way!”
As of now, it is still being determined how much Paxful will be returning to its users. Celsius had paused all withdrawals in June when the Bitcoin price slumped below $20,000. This brought the firm’s DeFi loans dangerously close to being liquidated. The firm filed for bankruptcy soon after and has managed to pay off only a small segment of creditors involved in its program.
Decision Did Not Sit Right
The Paxful CEO, commenting on the judge’s decision that Celsius was the owner of the funds in its interest-bearing Earn Program and not the users, stated that the decision did not sit right with him.
“The collapse [of Celsius] hurt countless users and damaged trust in our industry. Paxful, like many others, were paralyzed to act as we could not retrieve funds held by Celsius. Another hit came when the courts ruled that Celsius Earn Account belonged to Celsius’ bankruptcy estate, not to its users. This didn’t sit right with me then, and it still doesn’t sit right with me today.”
Not The First Appeal On Behalf Of Users
The CEO stated that everyone needed to hold themselves to a higher standard, ensure transparency, and put themselves above profit. However, this was not the first time he had made such a statement. In December, he had made a similar appeal while announcing that his marketplace would no longer support Ethereum trading. He had, at the time, put complete faith in Bitcoin, calling it the only workable tool for freeing billions of people from Economic Apartheid.
Paxful is extremely prominent in the Global South, generating anywhere between $30 million to $40 million in weekly volume, a majority of which comes from Argentina.
Celsius’s Ongoing Bankruptcy Proceedings
Meanwhile, Celsius’s bankruptcy proceedings continue to roll on. Recently, the committee of unsecured creditors and a group of account holders reached a settlement that was approved. This settlement allowed account holders to recover just over 72% of their crypto holdings. Celsius had also announced that NovaWulf Digital Management would be sponsoring its restructuring plan and claimed that nearly 85% of its customers would be able to recover around 70% of their crypto assets.
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.
13h ago • cryptodaily
Hydra Ventures DAO Raises $10 Million To Reinvent Crypto Funding
Hydra Ventures DAO, a decentralized autonomous organization (DAO) backed by prominent investors like 1kx, ConsenSys, and Seed Club, is poised to disrupt the world of fund-of-funds investing with an innovative model tailored for the crypto industry.The brainchild of pseudonymous venture investor Pet3rpan, a partner at venture firm 1kx, Hydra Ventures has raised $10 million to create a DAO that will support other investment DAOs.
"I think the cool thing about Hydra is that for the first time ever we have builders operating a fund of funds. Just ironic because most people who operate fund of funds come from an institutional capital background and I think this is the first science experiment where we see very active direct ecosystem participants operate fund of funds in a very crypto native way," Pet3rpan shares.
DAOs are blockchain-based organizations without a central authority, employing blockchain technology for governance. According to data from DeepDAO, there are over 40 investment DAOs in existence. Pet3rpan was involved in the creation of one of the first investment DAOs, MetaCartel Ventures, which has 75 members and has invested over $13 million into more than 70 projects, including Gitcoin and Gnosis Safe.
Pet3rpan initially considered the rapid deployment pace of investment DAOs as a drawback. However, he now sees it as an advantage, noting that "investment DAOs are really amazing vehicles for indexing exposure across a certain ecosystem or market focus." Hydra Ventures aims to invest in 30 to 40 DAOs, targeting up to 10% of the investment DAO itself.
The core team of Hydra Ventures includes members from 1kx, MetaCartel Ventures, and Thing3. These members bring valuable experience in navigating the challenges of tax, accounting, and legal aspects of DAO operations. Hydra Ventures will integrate Thing3, an operations-focused service DAO, to address these issues.
Stephen McKeon, managing partner at Collab+Currency, praised the Hydra Ventures DAO team, stating, "The venture DAO space is nascent and constantly evolving — so, to us, Hydra is well positioned to pioneer the DAO fund of funds model."
Hydra Ventures is particularly interested in backing DAOs with a strong investment thesis. Pet3rpan believes that those who are passionate about a specific market domain or space have a considerable advantage in investing, deal flow, and due diligence. This conviction forms the core thesis for Hydra.
Hydra Ventures started raising funds in June last year and closed the round in January. The funds will be stored in a diversified set of stablecoins, with plans to deploy the funds over three years instead of in perpetuity, like MetaCartel Ventures.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.
1 day ago • cryptodaily
MakerDAO Constitution Pushes 'Endgame Plan' for $DAI and $MKR
MakerDAO, the decentralized autonomous organization (DAO) behind the DAI stablecoin, recently passed a new "constitution" aimed at formalizing its governance process and bolstering decentralization.This constitution is a key component of the "Endgame Plan" designed to transform MakerDAO into a truly decentralized organization, with DAI potentially becoming the world's reserve currency.
The Maker Constitution acknowledges the inherent resilience of decentralized systems like Bitcoin and Ethereum, which have withstood adversarial events and remain uncensorable. However, unlike these systems, the Maker Protocol relies on human decisions made by $MKR token holders, making it more susceptible to weaknesses and vulnerabilities that could lead to the protocol's failure or loss of user funds.To address these risks, the Maker Constitution employs "alignment engineering," a practice that designs mechanisms, incentives, and shared habits to align the interests of the entire ecosystem. The constitution establishes clear definitions and delineations of roles within the governance framework, ensuring transparency and reducing complexity. It also enforces a separation of concerns, discouraging actions that risk taking the DAO towards governance failure.
Recognizing that budgeting, resource allocation, and control over governance privileges are vulnerable aspects of a DAO, the Maker Constitution emphasizes the importance of robust grassroots community participation. The constitution aims to enforce a self-sustaining equilibrium where MKR token holders can effectively govern the DAO while promoting its growth and adaptation.
In a bid to counterbalance rigidity and immutability, the Maker Constitution introduces a system for incubating and launching SubDAOs, which operate as semi-independent DAOs linked to Maker Governance that enable fast-moving innovation, growth, and experimentation. These SubDAOs also allow for the delegation of responsibility and risk within specific, highly complex areas.
Despite the constitution's approval with 76.04% of MKR votes, some users have criticized it as authoritarian. Critics argue that restrictions on communication from constitutional delegates effectively "muzzle" them and inhibit their ability to gather information.
As the Maker Constitution takes effect, it is poised to play a crucial role in fortifying the protocol's governance, enhancing decentralization, and ultimately, achieving MakerDAO's ambitious Endgame Plan.
The Maker Constitution sets the stage for the document's purpose and vision by acknowledging the inherent strength and resilience of blockchain technology, cryptocurrency, and decentralized finance (DeFi). It highlights how these systems, exemplified by Bitcoin and Ethereum, have demonstrated their ability to withstand adversarial events and maintain security, which is difficult to achieve in centralized systems.
The Maker Constitution, however, acknowledges that the Maker Protocol is fundamentally different from Bitcoin and Ethereum in that it relies on human governance decisions made by $MKR token holders. This reliance introduces weaknesses and vulnerabilities that can potentially result in the protocol's failure or loss of user funds.
While the constitutive aspects of the writing recognizes the importance of addressing full-scale governance attacks, such as takeovers or theft of all DAI collateral, it also emphasizes the need to address slow-moving, slippery slope governance risks, like cultural shifts, creeping misalignment, or structural inability to achieve results. These risks can emerge spontaneously and, if left unaddressed, can pave the way for full-scale governance attacks.
The Maker Constitution highlights the importance of grassroots community participation and alignment with the protocol's purpose as essential tools for defending against these risks. It emphasizes the importance of nurturing a community that transcends mere financial gain, to create a united front that can effectively protect the protocol.
It is precisely in this manner that the Maker Constitution sets the pace for its DAO, emphasizing the need for a robust governance framework that safeguards the protocol against both immediate and long-term risks. This framework aims to foster a strong, aligned community dedicated to promoting the protocol's resilience and success.
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.
1 day ago • cryptodaily
Royce 5’9” Releases Music Video Built in Web3 World
Detroit, USA, 29th March, 2023, ChainwireForging a new path for musicians to use Web3 technologies, the video offers a glimpse into Royce’s new virtual world, the Heaven Experience. "Signs" is the first song released from Royce's New EP "The Heaven Experience: Lost Sessions," available Friday, March 31.In advance of his March 31 release of The Heaven Experience: Lost Sessions, platinum-selling, GRAMMY®-nominated rapper Royce 5'9" has dropped the video for “SIGNS,” the first offering from his new EP. Created with Web3 platform Passage, the video gives fans a sneak peek into the Heaven Experience, Royce’s new virtual world for fans and community.Watch the “Signs” video here.Forging a path for musicians and creators to use Web3 technologies, the video for the high-energy freestyle is built inside an immersive virtual world. In partnership with Passage, the Heaven Experience will offer exclusive opportunities to connect with Royce 5’9” throughout 2023.Of the initiative, Royce 5'9" says, "I have been searching for a better way to connect with my community for a while, but existing platforms haven't lived up to my expectations. Passage delivers on all fronts.”Heaven Experience pass holders will benefit from connecting directly to Royce and his team, real-time engagement with the community and artists, and access to exclusive songs, performances, interviews, events, apparel, and more. Passes for the Heaven Experience will be available on April 4.With the Heaven Experience, Royce 5’9” has doubled down on his commitment to Web3 and community, offering a unique, immersive space to authentically engage with fans. The initiative follows a successful 60-second sell-out of his first NFT offering, which gave fans a percentage of streaming royalties from the critically acclaimed single, “Caterpillar,” ft. Eminem and King Green.By allowing creators to connect directly with their audience in immersive, custom 3D virtual settings, Passage is empowering artists and brands to forge deeper relationships with their supporters and engage in ways that aren’t possible with existing social platforms.Fans interested in joining the Heaven Experience can join the waitlist at heavenexperience.com.Dropping March 31, The Heaven Experience: Lost Sessions EP can be found across all streaming platforms and on sale on iTunes through Heaven Studios Inc. in partnership with The Orchard.Royce 5’9” and Lex Avellino, Passage founder & CMO, are available for interview upon request.About Royce da 5’9”GRAMMY® award-nominated Royce 5'9" has balanced substance and style with the best in music. In addition to selling millions of records with a remarkable solo career, Royce co-founded Bad Meets Evil (with Eminem), Slaughterhouse (with Joe Budden, Joell Ortiz, and Kxng Crooked), and PRhyme (with DJ Premier). Known for confident wordplay, revealing accounts of life in Detroit, and holding Rap peers accountable, Royce is among Hip-Hop's most trusted brands. With a cult following earned by professional accolades in his career, Ryan Montgomery's pedigree is never a question. Instead, through recent releases, including the #1 album Layers (2016), Top 10 and critically acclaimed album The Book Of Ryan (2018), and the thought-provoking GRAMMY® award-nominated Allegory (2019), Royce has been a leader of culture. Once the self-proclaimed "best-kept secret" of Rap, having written award-nominated songs for many artists, this platinum-selling, list-topping MC consistently earns accolades. Partnering with Jay-Z and Roc Nation with the NFL for its "Inspire Change" initiative, Royce 5'9" has gone on to be one of hip hop's leading activists, recently launching his Ryan Montgomery Foundation and its mission to empower underprivileged communities through advocacy, education, and personal enrichment, and joining long-time friend Eminem as the Director of Community Engagement and Social Justice Initiatives for The Marshall Mathers Foundation. For more information, visit royce59.com.About PassagePassage, is a world builder and social layer for connecting physical and digital experiences. Built on Cosmos, Passage is blockchain agnostic and offers a suite of tools to make the Metaverse more accessible: in-browser streaming, cross-world commerce for fungible tokens and NFTs, and 3D communication infrastructure. The Passage ecosystem is fueled by PASG, the native utility token used in Passage worlds. For more information, visit passage.io.ContactsChief of StaffBryana [email protected] & FounderTresa [email protected]
1 day ago • cryptodaily
Beat The Bear Market With Solana (SOL), Ethereum (ETH) And Collateral Network (COLT)
The decentralized finance (DeFi) market is one of the fastest growing markets in the world. In less than two decades a whole new industry has been created with new opportunities for investors every day.
Three great investment opportunities are Solana (SOL), Ethereum (ETH), and Collateral Network (COLT). Each project brings innovative new ideas to the market and could significantly influence the future of DeFi, with Collateral Network (COLT) set to completely revolutionize the lending industry alongside 35x gains.
>>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW<<
Collateral Network (COLT) Applies DeFi To Crowdfunding
Collateral Network (COLT) is a new decentralized crowdlending platform in the market that's caught the attention of investors world wide. Using Collateral Networks (COLT) cross-chain network, borrowers will be able to unlock cash from physical off-chain assets using NFTs. Here’s how it works.
If a borrower on Collateral Network (COLT) holds an expensive physical asset and wants a short term loan, they can create an NFT backed 1:1 by that asset. This NFT is then fractionalized, meaning that lenders can collectively fund the loan by offering fractions of the required capital.
This increases the number of investors who can become lenders. Once loaned, lenders will generate a passive income from their loan based on a fixed interest rate, enabling users on the COLT platform to become their own banks.
This process is significantly faster than traditional crowdlending processes, and allows borrowers to hold onto their physical assets. To give early investors peace of mind, Collateral Network (COLT)’s smart contract has been successfully audited, and its liquidity pool will be locked for 33 years to prevent a rug pull.
COLT, the native token of Collateral Network, can be purchased for $0.01 during phase one of the project's presale, with COLT holders earning access to a VIP members club, as well as staking, governance rights, and more.
Analysts forecast that due to its immense potential and real-world use cases, COLT is highly likely to surge by up to 3500% over the coming months! With this projection in mind, Collateral Network (COLT) is easily one of the most promising presales on the market today.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.