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ICON(ICX)

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$0.354233
(5.02%)
0.00001457 BTC
Market Cap (Rank#129)
$325,711,567
13,393 BTC
Vol 24h
$5,103,144
209.837 BTC
Circulating Supply
919,483,096
Max Supply
800,460,000
2h agocryptodaily
DAM Finance Receives Strategic Investment From Arrington Capital Moonbeam Growth Fund
Miami, Florida, 11th August, 2022, ChainwiredPRIME Asset Modules Finance (”DAM Finance” or “DAM”), a protocol for creating purchasing power from cross-chain token portfolios, is pleased to share that it has received funding from the Arrington Capital Moonbeam Growth Fund . The investment in DAM Finance is the third major investment by the Arrington Capital Moonbeam Growth Fund, a recently launched $100m fund to fuel the Moonbeam ecosystem. DAM facilitates purchasing power from the broadest range of blockchain-secured collateral, including longer tail, yield generating, and real-world assets. In the protocol, borrowers deposit baskets of tokens in a single transaction to mint dPRIME, a Dotsama stablecoin on Moonbeam. DAM’s innovation provides borrowers more flexibility in dPRIME issuance and vault maintenance by mutualizing the value of deposited collateral. As part of its product roadmap, DAM will utilize Moonbeam’s infrastructure to unlock liquidity for assets native to other parachains and blockchains outside of the Dotsama ecosystem. “We believe the future is multi-chain and inclusive, a mentality that the DAM Finance team shares with us,” said Michael Arrington of Arrington Capital. “DAM is taking a thoughtful approach to DeFi in creating a new model for purchasing power and risk management. We are thrilled to be supporting them as they embark to solve a missing component in today’s environment.” “Existing cross-chain approaches suffer from poor asset utilization and liquidity fragmentation," said Derek Yoo, Founder of Moonbeam. "DAM is a great example of a new cross-chain DeFi protocol that is leveraging connected contracts on Moonbeam to reach assets from multiple blockchains. Being able to securely aggregate liquidity will allow DAM to be more efficient and offer superior user experiences.” “Moonbeam’s clear positioning as the token economy’s nucleus for cross-chain liquidity makes it the ideal ecosystem for DAM to deliver on its vision,” said Harrison Comfort, Product Lead and Co-Founder of DAM. “Arrington Capital has helped DAM from the beginning, and we’re thrilled to have the support of a highly strategic partner with an extensive track record of scaling projects in the token economy.” DAM’s initial deployment is targeted for later this year. Follow DAM on Twitter, @DAM_Finance, for additional announcements and project updates. About Arrington Capital Arrington Capital is a digital asset management firm primarily focused on blockchain-based capital markets. The firm, founded in 2017 by TechCrunch and CrunchBase founder Michael Arrington and TechCrunch CEO Heather Harde, has over $1 billion under management and has invested in hundreds of startups across the world. Arrington Capital is a seasoned, international team composed of Silicon Valley veterans and operators with deep venture capital experience and crypto native roots. Arrington Capital’s first fund was Arrington XRP Capital, and has expanded to multiple funds over time. For more information on Arrington Capital, visit http://arringtoncapital.com/. About Moonbeam Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot, and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications. About DAM DAM is a protocol for creating purchasing power from cross-chain token portfolios through dPRIME, a Dotsama stablecoin on Moonbeam. In the protocol, borrowers are bankers, portfolios are collateral, dPRIME is the means of creating purchasing power and DAM is a risk management wrapper. DAM’s core contributors have backgrounds in enterprise and public blockchains, asset management, and data science. Follow DAM on Twitter, @DAM_Finance, for additional announcements and project updates.ContactsFounderHarrison ComfortDAM [email protected]+17867828258
2 days agocoindesk
Greylock, Pantera Led $18M Round for NFT Infrastructure Provider Pinata
Silicon Valley investment giant Greylock also backed Pinata’s $3.5 million seed round last year.
5 days agocointelegraph
Crypto Biz: Gucci ‘apes’ into crypto
The iconic luxury brand is now letting holders of ApeCoin purchase its products through Bitpay. Meanwhile, Michael Saylor has a new job.
9 days agocryptodaily
BinaryX Releases RhinoX Whitepaper Detailing New Key Features of its Ecosystem
Singapore, Singapore, 2nd August, 2022, ChainwireBinaryX, a leading P2E game development company, has released the official whitepaper for Rh!noX, a collection of 10,000 NFTs enabling holders to use their assets as avatars on various GameFi and DeFi applications on the BNB Chain. The Rh!noX NFT series gets its inspiration from Soulbound items in the World of Warcraft game and aims to be the first-ever Soulbound Token on the BNB chain. Moreover, the collection links the holders' NFTs to their interactions, thus developing them into unique assets. Above all, it provides them with numerous perks, such as access to beta tests for games, NFT whitelists, projects, new tokens on BNB Chain, and more. The team spent several months improving the project’s vision and roadmap, now available in a new and enhanced whitepaper. For the first time, readers can explore the full functionality of Web3.0 and understand the underlying mechanisms, possibilities, and features of Rh!noX. Here’s a short summary: The Rh!noX Soulbound Token Analytic System This feature will calculate the credit score of a wallet depending on its owned amounts and trading history. It works similarly to a credit card company’s standard credit calculation system. Simply put, it determines the perks a user is eligible for, depending on his creditworthiness. The system will categorize Rh!noX owners into different tiers with distinct benefits. For example, members of the highest tier will enjoy more perks than those in the levels below, with the number and quality of perks decreasing with each tier. A good credit score will reward NFT holders with numerous advantages, such as: ● VIP treatment ● Exclusive Airdrops ● Airdrops from different projects ● Closed-beta entry/Early access to DeFi project/Whitelist Slot ● Discounts on processing fee ● Unsecured Loan ($RUSD) The latter is a loan that doesn't require collateral. Also, the maximum amount a user can request depends on their credit rating. The initial fund for the unsecured loan will come from Rh!noX Treasury and represents the income from selling Rh!noX NFTs. Lastly, the loan amount will affect the interest rate and will be collected in $RUSD. Trading Rh!noX NFTs will not impact the credit rating of their respective owners. Furthermore, the accumulated credit score is connected to an Rh!noX NFT and could be transferred to another user. Multidimensional Behavior Analysis Model The system has an in-built cohesive analysis model studying the NFT owner's characteristics, personality, and reliability. To reach this conclusion, the system will consider the wallet’s address and interactions, such as: ● Trading History ● On-chain Behavior ● Project Preferences ● Asset Portfolio ● Liability Status ● Attended Campaigns & Events ● Airdrops History Ultimately, this list will expand to include more factors without sacrificing the anonymity of web3.0 technology. Here is a use case of this analysis model. Rh!Drop With Rh!Drop, developers can target on-chain users depending on asset values, interests, trading styles, credit ratings, etc. This feature will be an on-chain airdrop targeting service and the primary tool for on-chain project developers. For example, they can use it to deliver airdrops to target receivers matching specific criteria. To better understand the idea, think about Google Ads. Google Ads distributes customized advertisements to selected users based on their past behaviors on the internet. The suitable ads will be served to the right target audience. Rh!noX works similarly. In simple terms, this does not only benefit project owners but also every user on Web3. Project owners & developers could improve their project awareness and expand their communities easily after identifying the right audience for their projects. At the same time, common users would enjoy the airdrops from different projects or even early information without having to do any additional tasks as long as their overall credibility and ‘personal profile’ are good. Sociality of Rh!noX NFT The project also comes with various social features, such as: Social Identity Rh!noX Official will verify the individuals’ background. Also, it will allow users to identify the other person's trustability depending on the data the Soulbound Token collects. This way, future Web3.0 users can visit the profile of a wallet address and identify essential details, such as capital level, project preferences, active areas, trading style, etc. This tool also eliminates fake IDs, false claims over assets, and more. Its level of transparency will be accessible to everyone. For instance, if a user has more than 10,000 $BTC in a wallet, it will receive the "BTC Whale" title, which should tell developers everything they need to know about this individual. Rh!neT This feature will operate like a web3.0 networking platform, enabling users to check someone’s profile, social status, social network, send instant messages, etc. Its main goal is to help users connect and build a community on transparency, credibility, and high-quality identity. About Rh!noX Team Rh!noX has extensive experience in the blockchain industry, traditional game development, and game publishing (learn more about BinaryX). The core team members are from Silicon Valley and participated in the development of the early BNB Chain and Polkadot chain and have made outstanding contributions to the development of the industry. One thing worth mentioning is that before entering the blockchain industry, the team worked in the financial services industry, that's providing loans, mortgages, and wealth management services for many years. Backed by this unique experience, Team Rh!noX fully understands every financial feature of NFT and lays a good foundation for the real-life application of Rh!noX NFT. Team Rh!noX holds a firm conviction that there is a huge and undiscovered space for what NFTs could become and that NFTs should have more than just showing artistic value and signaling wealth. It was when the team couldn’t stop questioning themselves: What if NFTs could work as certificates? What if NFTs could represent one’s credibility? What if NFTs could work like a Digital Mastercard? What if Rh!noX could build the foundation of social relationships of trust? By solving these questions and putting these ideas together, a wider door will be opened to blockchains, and the ecosystem will become more than just about money, but trustable and fun to stay in. Despite the bearish market, the team believes it is the right time to develop and expand the project to benefit its users. To this end, they added new members and planned future collaborations with other projects to increase the practicality of the Rh!noX ecosystem and beyond. As a result, Rh!noX stands out from the growing crowd of NFT projects, which often lack utility and long-term sustainability. Rh!noX’s utilities aim to cover the entire Web3.0 in the future, not just on the BNB Chain, as it’s the only way to maximize the functionality of Soulbound NFT. Up to this day, Rh!noX has achieved the following achievements after its first auction sale: Rh!nox: Sold out in Dutch Auction Sold out 10000 units at 9BNX in 4 hours Rh!nox: Most-traded NFT Collections On Binance NFT Marketplace Listed in June and achieved $1.5m trade volume in the last 7D For more information about Rh!noX visit: Website | Twitter | Medium | Discord ContactsChun [email protected]
12 days agocointelegraph
Chips bill provides for blockchain specialist position in White House science office
The $280 billion bill, which aids the semiconductor industry, also incorporated Representative Darren Soto’s bill to create a position to advise the president on blockchain.
14 days agocoindesk
How the Golden State Warriors Gamified Fandom With NFTs
Silicon Valley's NBA league tethered its tokens' value to its success in the 2022 season. This piece is part of CoinDesk's Sports Week.
15 days agocoindesk
Startup Incubator Launch House Debuts $10M Fund With Web3 in Focus
House Capital will invest in early-stage companies building for the “new Silicon Valley,” which includes Web3.
20 days agocryptodaily
Final Fantasy NFT Drop Coming Soon
Square Enix has announced that it will be dropping a collection of Final Fantasy NFTs to mark the occasion of the 25th anniversary of Final Fantasy VII. Digital Collectibles For Final Fantasy Fans After much deliberation, the video game company and the creator of the popular Final Fantasy game series, Square Enix, has decided to launch a Final Fantasy NFT collection. Square Enix has partnered up with Enjin to create the collection, which will commemorate the 25th anniversary of the Final Fantasy VII game. The digital card collection will be dropped on Enjin’s Enfinity blockchain in 2023. In addition to the digital collectibles, the drop will also feature physical pieces. For example, an action figure of the Cloud Strife character is already up for pre-order. Anyone who buys this ‘Digital Plus’ figure will be able to exchange tickets to redeem a digital certificate of authenticity and a digital version of the figure. Incentivizing Gaming There could be some pushback from the gaming community over the NFT collection. A majority of mainstream gamers consider NFTs to be a gimmick, similar to loot boxes and microtransactions. The president of Square Enix, Yosuke Matsuda, addressed the issue in an open letter earlier this year, where he talked at length about how NFTs and cryptocurrencies can impact gaming. He mentioned that the company would be shifting its focus towards NFTs and metaverse gaming. “With advances in token economies, users will be provided with explicit incentives, thereby resulting not only in greater consistency in their motivation but also creating a tangible upside to their creative efforts…By designing viable token economies into our games, we will enable self-sustaining game growth. It is precisely this sort of ecosystem that lies at the heart of what I refer to as ‘decentralized gaming.’” Enjin’s Contribution The decision to model the collection after the popular Final Fantasy VII game has been questioned by many. People are pointing out the irony of creating a highly energy-intensive product inspired by the game where a giant corporation is sucking the life out of the earth and killing the planet. However, Square Enix’s partnership with Enjin indicates that it wants to adopt a more eco-friendly route toward this NFT project. Enjin’s blockchain software uses environmentally friendly solutions to create decentralized gaming products. The company is also focusing on becoming carbon neutral by 2030. Speaking on the partnership, Enjin CTO Witek Radomsky commented, "Square Enix, an esteemed developer with iconic intellectual property, is paving the way for the industry. By using Efinity, fans can experience interactive NFTs without even realizing they're on the blockchain. Enjin can establish the next phase of growth in blockchain entertainment, merging curiosity and creativity." 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.
23 days agocryptodaily
The World’s First Compliant DEX, Selected By Meta Hollywood To Enable Fan Participation In Film Financing
SOMA Finance, LLC, a hybrid decentralized marketplace for digital assets building infrastructure for compliant decentralized finance (DeFi) products, is collaborating with Meta Hollywood, a joint venture created by Planet Hollywood and Animoca Brands, to enable fan participation in film financing and fractionalized ownership of blue-chip movie memorabilia. SOMA Finance joins the partnership as an issuance partner for Meta Hollywood’s upcoming ecosystem of digital securities including physical and digital assets. Planet Hollywood owns one of the world’s largest privately held collections of movie memorabilia, with fans having the chance to win physical memorabilia from iconic movie franchises including Star Wars and Die Hard. The partnership opens up a channel for users to access these assets via the first-of-its-kind compliant securities for NFT issuance and trading. This will allow Meta Hollywood to offer Hollywood “fanatics” access to its assets, whether in the United States or around the globe. “Through its partnership with SOMA, Meta Hollywood will be able to offer its community the exclusive opportunity to own some of the most iconic movie memorabilia in Hollywood history including input on future memorabilia acquisitions from Marvel Comics, DC Comics, Star Wars, and other blockbuster franchises,” said Robert Earl, Co-founder of Meta Hollywood. SOMA Finance, a joint venture between MANTRA DAO and Tritaurian Capital, Incorporated, aims to build a hybrid decentralised marketplace for digital assets, compliant digital securities, and NFTs. The team aims to build out a fully compliant DEX for retail and institutional investors, in a bid to keep up with the regulators. The platform includes built-in KYC/AML, a permissionless regulated automated market maker (AMM), and a wide range of tradable assets including crypto, NFTs and other digital securities. “SOMA.finance ensures a clear and inclusive pathway for retail investors, creators, and movie-lovers to take part in the next evolution of entertainment in the Metaverse and associated memorabilia via NFT and token issuances in the future,” said Will Corkin, Co-founder of SOMA.finance. Meta Hollywood’s assets will be the latest class of assets to be added, and SOMA will ensure safe interaction between issuers, investors and consumers under the U.S. regulatory umbrella. “Fans of arts, culture and entertainment will depend on trust to enter the blockchain-based assets, which we can build for Meta Hollywood," said William B. Heyn, Co-founder, SOMA.finance, and CEO of Tritaurian Capital. Meta Hollywood provides a community-first ecosystem for entertainment fans and creators, introducing Web3 to the Hollywood scene. The platform aims to democratize the entertainment universe, empowering movie lovers and the broader consumer market to directly interact with movie producers and other short-form content creators through a branded digital experience. “Web3 communities have heralded a cultural shift in consumer behaviour and the expectations of their relationships with brands – from the audience to community members, customers to stakeholders,” said Robert Tran, Co-founder of Meta Hollywood. Meta Hollywood tokenizes film financing, allowing fans and movie lovers to creatively and actively participate in films. This aligns the filmmaking process with a Web3 ideology, which “affords entertainment fans unprecedented access and participation across all aspects of the industry including input on auditions to script and cast selection,” Tran added. Notwithstanding, the platform will mentor and foster creative talent, offering its community members the opportunity to submit their work for the chance to be a part of each production. Finally, boasting of the first fully U.S.-compliant, global multi-asset DEX, SOMA Finance plans to list more assets in the near future. According to the team, SOMA Finance is planning to offer the ability to list Regulation CF, Regulation D, Regulation S, and Regulation A offerings. This adds to the compliant trading and issuance of tokenized assets including equities, crypto, STOs, and NFTs. 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
27 days agocryptodaily
Circle Reveals Detailed USDC Reserve Report
The payments management firm has released a detailed reserve report, revealing that its USDC stablecoin is backed only by cash and short-term treasury bonds. Full Reserve Report To Win Trust In a bid to practice transparency and instill trust among its customers, Circle Internet Financial has released a full breakdown of its USD Coin (USDC) holdings. Although the report is unaudited, it does offer customers more clarity on Circle’s $55.7 billion reserves. As of June 30, Circle holds $42.12 billion in short-term United States Treasury bonds with an average maturity of 43.9 days, and the latest expiry date being September 29. Since the maturity is less than three months, these bonds are all considered short-term. The report also included the CUSIP number of the bonds. Additionally, the reserves also held $13.58 billion in cash at US-regulated financial institutions like the Bank of New York Mellon (BNY Mellon), Citizens Trust Bank, New York Community Bank, Signature Bank, Silicon Valley Bank, Silvergate Bank, and US Bancorp. Monthly Reserve Report Circle has also announced that it will release regular monthly reports of its stablecoin reserves. In fact, the company is also working with its custodians to get approval for daily disclosures of its holdings for maximum transparency with investors. In a blog post, Circle CFO Jeremy Fox-Green wrote, “The USDC reserve is held solely in cash and 3-month U.S. Treasuries, held in segregated accounts for the benefit of USDC holders, and is entirely separate from Circle’s operations…While U.S. policymakers work to enact federal regulations for stablecoins, Circle continues to increase our transparency based on new industry innovations and what USDC holders within our ecosystem would like to see.” USDC Rising Amidst Stablecoin FUD The detailed report comes at a time when the stablecoins, in general, are going through a rough patch. The market is riddled with a credit crisis, and several stablecoins have lost their price peg. It all stemmed from the Terra debacle, when the then-third-largest stablecoin, TerraUSD (UST), lost its dollar peg and came crashing to the ground. It has also resulted in increased scrutiny over crypto firms and their finances, as many investment firms face liquidity issues and file for bankruptcy. However, Circle’s commitment to regulatory clarity seems to be paying off as its USDC stablecoin is climbing the rankings due to the continued rise of DeFi. In fact, it has motivated the firm to expand its stablecoin operations beyond the US dollar with the launch of the Euro Coin (EUROC), which is fully backed by the Euro. The firm had previously raised $400 million to develop USDC’s role in traditional finance. 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.
27 days agocryptodaily
The Sandbox Teams Up With Tony Hawk For Metaverse Skatepark
A three-way partnership between professional skater Tony Hawk, The Sandbox, and Autograph will be building a virtual skatepark for the metaverse. Tony Hawk Announces “Largest Skatepark” Despite the market crash and the ongoing crypto bear market, the metaverse continues to thrive, with The Sandbox emerging as a major player. The blockchain gaming company has teamed up with leading brands like Playboy and TIME Magazine on metaverse projects. In its latest project, it has partnered with pro-skater and one of Twitter’s favorite celebs, Tony Hawk, to build the “largest virtual skatepark ever” on the metaverse. Hawk announced the partnership on Wednesday through a Twitter post. The announcement also contained a video clip detailing all the features and offerings of this “virtual skatepark,” which has been dubbed Tony Hawk LAND and will consist of 36 plots of land. During a presentation, Hawk said, “I have been a fan of new technology all of my life – from the first videogames and home computers with CGI capabilities – so I am fascinated by the metaverse and excited to bring our culture into the virtual landscape of The Sandbox.” Autograph’s Role The project also involves the NFT platform Autograph, which will be designing and creating NFTs and avatars based on the pro-skater. The NFT collections will also feature Hawk’s iconic gear, including his skateboards, clothing, etc., from memorable moments in his career. Co-founder and CEO of Autograph, Dillon Rosenblatt, spoke at length about this partnership with The Sandbox and Tony Hawk. He commented, “At Autograph, we strive to build otherwise impossible experiences for communities of fans, and this is a step towards our goal of connecting them uniquely and at scale to Tony Hawk and each other…We are thrilled to be working with The Sandbox and Tony Hawk on this activation and many others.” What Is The Sandbox Promising? According to a press release, The Sandbox will focus on making these NFTs interoperable in its open metaverse. It will also be converting the Autograph avatars into 3D voxel versions with in-game functionality for users to control. In addition, players can design and build their own ramp in the game to set their own skating challenges. The Sandbox COO, Sebastien Borget, has stated, “There’s no better way to bring skateboarding culture to The Sandbox than by following the example of the greatest skateboarder of all time, whose legacy stretches from the sport and lifestyle’s early days to the present and beyond.” 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.
27 days agocointelegraph
Bill Murray's biographical NFT project set to be premiered by Coinbase
"Anecdotes, observations, advice, memories, Murray-isms" are coming to the world of NFTs as acclaimed icon Bill Murray prepares to launch an inaugural NFT series with Coinbase.
30 days agocryptodaily
Playboy Mansion Coming To Metaverse Via The Sandbox
Entertainment and lifestyle brand Playboy has partnered with The Sandbox to build a virtual mansion in the metaverse. The Mansion Goes Virtual Earlier today, the media and lifestyle company announced the ‘MetaMansion’ project, which is a new virtual experience hosted on The Sandbox platform. The MetaMansion is a part of Playboy’s initiative to establish and expand the Playboy brand in the growing metaverse with this new ‘immersive social gaming experience.’ The design of the MetaMansion has been inspired by the famous Playboy Mansion based in Los Angeles. A short video preview of the MetaMansion has been released, featuring many voxelated playmates welcoming the player into a giant Gatsby-esque virtual mansion. The player is also handed a VIP welcome card branded with the Playboy logo. The main utility token of The Sandbox, $SAND allows players to purchase a virtual piece of real estate or LAND on The Sandbox game. In this case, the partnership with Playboy will enable all LAND owners to access the virtual MetaMansion. Playboy’s Web3 Dreams Playboy has been dabbling with web3 technology for a while now through virtual art galleries and NFT collections. One of its NFT drops, the Playboy Rabbitar collection, will give special access to owners in the MetaMansion. Rachel Webber, Playboy’s chief brand and strategy officer, spoke on the decision to launch the MetaMansion project on The Sandbox, “Our first-ever dedicated home in the metaverse will allow us to offer gameplay and social experiences, connect our IRL events to URL events, programming and more ... And on this collaboration with The Sandbox specifically, we’ve been so impressed by their talented design and development team, their cultural know-how and their exciting product roadmap – and we can’t wait to bring our plans to life together.” Sandbox Bringing Brands To Metaverse On the other hand, The Sandbox has been rather unstoppable in welcoming big brands into the metaverse. Most recently, the web3 gaming company was in the news for partnering with TIME magazine to build a virtual TIME Square (inspired by the iconic New York landmark) in the metaverse. The company has already partnered with over 300 brands on similar Metaverse projects and advertises itself as “part virtual real estate, part amusement park.” Speaking on the partnership with Playboy, The Sandbox Co-founder and COO, Sébastien Borget, said, “Playboy is unique and can’t be imitated. This collaboration brings to the metaverse a distinctive vision of beauty that made the brand renowned around the world. Now, the Playboy brand can interact with a new metaverse-native generation in The Sandbox, sharing its history and art through a platform where everyone is united by global digital culture.” 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.
30 days agocryptodaily
FrontFanz – An Iconic Polygon Entertainment Platform Sold Out in 72 Hours
FrontFanz, a revolutionary censorship-resistant Web3 content-sharing platform with vast monetization opportunities, has closed its first private round. And now, FrontFanz has partnered with ExMarkets, the market-leading crypto crowdfunding platform, to conduct its 2nd round private sale on the 15th July. The first public Initial Exchange Offering (IEO) will start on the 20th July 2022 What’s FrontFanz, and why should you be interested? FrontFanz is a content-sharing platform that allows people to create, share and profit from their work. Coming out of stealth mode, FrontFanz has quickly established itself as a fair, transparent, and fan-focused Web3 platform without any kind of censorship, chargebacks or de-platforming. In other words, bringing a new meaning to the words “the sky’s the limit.” FrontFanz was founded by Rosey Sin and Stacey Carlaa, two well-known and respected figures in the social media and content creation spaces. Their successful track records as content creators have helped them sign over 400 new content creators, including successful influencers Sonia Amat, Swedish Bella, Ana Espinola, Dalila Ortega, Andrew England, Ruby Alexia, Crystal Foster, Alenee Aisha, and Jade Filomena who have also joined FrontFanz as the platforms’ creators. With over two decades of experience, the founding team have a strong understanding of both the possibilities and the limitations that content creators face . They’ve decided to team up and create a space where people can safely create and share their content without judgement, censorship or unfair charges. With the help of Polygon (MATIC), the blockchain that FrontFanz was built on, this platform now offers trustless crypto payments to creators with FANZ utility tokens. Some of the most noteworthy features of this platform include live streaming, subscription-based content, digital collectables, private messaging as well as NFTs. FrontFanz aims to create a safe environment for all creators to come together and share their work without scrutiny and with complete inclusiveness. And that’s not all – this platform realizes just how important a fanbase is in supporting creators, which is why the very concept of FrontFanz evolved around both the content creator and their fans. FrontFanz Private and Public Sales– what to expect? Even though FrontFanz has just come out of stealth mode, the current number of creators signed up to use the platform has grown from 200 back in April, to 400 today, commanding 32m fans and yearly earning of over $48m. Based on these numbers and the platform's forward-looking open-minded concept, it’s safe to say that FrontFanz has the potential to grow rapidly as its full-scale launch is planned for September 2022. The project has seen substantial investor interest, even within an otherwise squeamish market dominated by ‘bearish’ sentiment. So it’s probably not that surprising that FrontFanz's first-round private sale, which represents 5% of the total supply and carries a 15-month vesting period, was oversubscribed and sold out in less than 72 hours. Good news though! The second round for the private sale will start on 15th July, just five days before the Company’s public IEO. For more information on the second round of private sale please reach out to [email protected] and we’ll come back to all eligible participants with more information. Twitter | Instagram | Telegram Disclaimer: This is a sponsored pressrelease, andis 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
32 days agocryptodaily
Invest In These Cryptos in 2022: Decentraland (MANA), Sandbox (SAND) and Degrain (DGRN)
The crypto market over the last few weeks has been fueled by bears. The previous weeks have seen some of the greatest dips in the cryptocurrency industry since 2020. Even though many investors are still holding hope that the bulls will stage a comeback. Those that are more perceptive realize that now is the ideal time to find coins and tokens to purchase in anticipation of a recovery in the upcoming months. Can Degrain overtake Decentraland (MANA) and The Sandbox (SAND) in terms of success? We think it's highly likely, let's look below. Decentraland (MANA) manages to draw in fresh investors Decentraland (MANA), is a decentralized, metaverse and virtual reality system driven by the Ethereum blockchain. Real-world materials and programs can be developed in the metaverse. Decentraland (MANA) uses a native currency called MANA which can be used to buy real estate and in game icons. Based on the demand for decentraland (MANA) in the market today, the company has a market valuation of $1.68 billion. Decentraland (MANA) may be exchanged on cryptocurrency exchanges like Binance and Huobi for major fiat currencies including USD, EUR, and JPY. One of the most well-known decentralized applications on the Ethereum blockchain, Decentraland (MANA) continues to draw new users and developers. Decentraland (MANA) has an interesting future in store depending on how the metaverse world goes. The Sandbox (SAND) could top the metaverse world Sandbox (SAND) users can purchase or exchange NFTs to tailor and personalize their experiences. The platform includes tools like VoxEdit that may be used to produce NFT assets, which can subsequently be utilized by "Game Maker" users to personalize their games. Any market that accepts The Sandbox (SAND) NFT’s will let users sell their creations. In SAND, the user's imagination can be put to use to create an enjoyable and soothing experience. With the help of its own and OpenSea's marketplaces, Sandbox (SAND) gives its users a larger virtual zone of influence. Sandbox (SAND) is a fantastic method to unleash your creativity on a highly secure platform while making money, whether you are a cryptocurrency native or non-native. The price of Sandbox (SAND) is currently over 75% down from its all time high. Sandbox (SAND) is trying to become the number one metaverse. Degrain (DGRN) predicted to rise over 5,000% during presale The cryptocurrency community has been paying a lot of attention to Degrain (DGRN) during the past few days. Degrain (DGRN) is a brand new cross-chain NFT marketplace allowing users to buy, sell, trade and fractionally invest in NFT’s. With Degrain (DGRN) partnering with real world companies investors are seeking value-based businesses to invest in in the volatile crypto market of today. Degrain (DGRN) will be giving back to its holders via a revenue sharing system based on the number of tokens held. Investors buying into the presale will be given 100% off trading fees for life. If Degrain (DGRN) becomes the number one NFT marketplace this benefit could provide some serious savings in the long haul. Presale Phase One launched on 7th July and within 60 seconds over 11 million tokens were sold. Degrain, as part of it’s ongoing launch, has a VIP club where members who invest over $25,000 are subjected to many benefits from live and virtual networking events, access to real world NFT events, an account manager and many more. Crypto analysts have predicted that before the end of presale on September 30th, the price will increase by more than 5,000%. It’s not easy to find a gem amongst so many cryptos but here we believe we have. Find out more about the presale below. Website: https://degrain.io Presale: https://presale.degrain.io Telegram: https://t.me/degrainio Twitter: https://twitter.com/degrainio Disclaimer: This is a sponsored pressrelease, andis 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
35 days agocryptodaily
Italy Promises $46M For Blockchain Projects
In a bid to boost the crypto industry in the country, the Italian government has announced that it will be providing subsidies worth $46 million for blockchain projects. Subsidies For Blockchain Research According to the announcement from the Ministry of Economic Development of Italy, from September, public or private research firms developing Internet of Things (IoT), AI, or blockchain technology in certain sectors can apply for government subsidies, upto €45 million (approximately $46 million). The costs of the undertaking will range between €500,000 and €2 million and will be a part of Italy’s initiative of investing in technology and innovation. The Miniter of Economic Development Giancarlo Giorgetti addressed the decision, saying, “We support companies' investments in cutting-edge technologies with the aim of encouraging the modernization of production systems through management models that are increasingly interconnected, efficient, secure and fast. The goal of competitiveness requires the manufacturing industry to constantly innovate and use the potential of new technologies.” Italy’s Blockchain Push Since the European Union has been attempting to bind crypto service providers across the continent under a single regulatory framework, Italy has recognized the need to provide financial support to its nascent crypto industry. As a result, in December 2021, a government decree was passed that paved the way for establishing a fund to support IoT, AI, and blockchain technology in industry and manufacturing, tourism, health, environment, and aerospace sectors. Earlier this year, the Italian Senate Committee of Constitutional Affairs and Public Works also approved the Decreto Semplificazioni to legally affirm the definition and legal status of cryptocurrency and other terms standard in blockchain technology. The country’s financial regulator, Organismo Agenti e Mediatori has also approved the major crypto exchange Binance to open a branch in Italy. However, the country’s securities regulator, the Italian Companies and Exchange Commission, or CONSOB, has been somewhat wary of crypto and issued warnings to the public. A Quietly Burgeoning Industry Even though the industry in Italy is still in its early stages, it boasts of a community of entrepreneurs and technical leaders who are making their mark on a national level. The country has a growing scene of blockchain-based businesses that will benefit from the government’s subsidy plan. For example, in April, leading Italy-based crypto investment fund Iconium invested in OVER, the country’s Metaverse platform that curates geolocalized AR/VR experiences. The partnership will enable the creation of a community-owned Metaverse platform through NFTs and bridge the gap between the digital and physical worlds through advanced geolocation 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.
49 days agocryptopotato
Binance Partners With Soccer Legend Cristiano Ronaldo to Launch Exclusive NFT Collections
Binance joins forces with football icon Cristiano Ronaldo to bring non-fungible tokens and web3 to global users.
54 days agocryptopotato
Bitcoin Breaks Down $20K: Crashes Below 2017’s Previous All-time High
Bitcoin’s price has just crashed below the iconic previous all-time high of 2017 at $20,000. This happens as the entire market tumbles amid rampant rumors and ongoing challenges. For the first time since December 2020, the price of BTC traded below $20,000 on Binance. As of writing these lines, the cryptocurrency dropped to a low […]
64 days agocryptopotato
EGO Com – A Cardano NFT Project is Gaining Momentum
[PRESS RELEASE – Please Read Disclaimer] EGO.com, a Cardano-based NFT services provider with an iconic name, has been making rounds within the NFT space. This up-and-coming project with a promise to facilitate a “Digital Renaissance in art” is quickly gaining a “crypto gem” reputation in the current bear market. EGO.com, a decentralized creative realm for […]
69 days agocointelegraph
'Pig slaughtering' crypto scams reap millions on Silicon Valley dating apps
“I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted.
77 days agonulltx
The Sandbox (SAND) Price Up 12% Today Amid Elvis Presley Partnership Announcement
The Sandbox (SAND) price is up over 12% today and up over 20% this week amid an announcement of an upcoming partnership between Elvis Presley Enterprises and web3 studio Run it Wild, where users in Sandbox’s Metaverse will be able to turn into Elvis characters and celebrate the icon in the virtual realm. The partnership […] The post The Sandbox (SAND) Price Up 12% Today Amid Elvis Presley Partnership Announcement appeared first on NullTX.
98 days agocointelegraph
Mixing reality with the Metaverse: Fashion icon Phillip Plein goes crypto
How can fashion and crypto mix in a practical yet innovative way so that even Phillip Plein’s mother can understand crypto and NFTs?
100 days agocryptopotato
IamUkraine Studio Announces Zelenskiy’s NFT Collection to Support Ukraine
[PRESS RELEASE – Kyiv, Ukraine, 29th April 2022] IamUkraine studio announces the launch of its NFT collection to pave the way towards an iconic artform to aid Ukraine. Focused on improving the domestic humanitarian landscape, the collection is expected to provide support to the struggling population. IamUkraine is proud to announce its initiative to support […]
104 days agocryptosrus
The Melon: Industry Giants Launch Web3 Incubator
Forget Silicon Valley. How about Web3 Greenery? Meet ‘The Melon.’ Covered:  Melon v1.0 Launches Bringing the Next Billion Users to Blockchain Melon v1.0 Launches Building dApps and crypto protocols require significant dedication. Oftentimes developers bootstrap their dApp without any funding, support or advising. In order to build future-proof applications, crypto and Web3 builders need launchpads. […] The post The Melon: Industry Giants Launch Web3 Incubator appeared first on CryptosRus.

About ICON

The live price of ICON (ICX) today is 0.354233 USD, and with the current circulating supply of ICON at 919,483,096 ICX, its market capitalization stands at 325,711,567 USD. In the last 24 hours ICX price has moved 0.026404 USD or 0.08% while 4,496,174 USD worth of ICX has been traded on various exchanges. The current valuation of ICX puts it at #129 in cryptocurrency rankings based on market capitalization.

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

Icon is a cryptocurrency project, led by the Icon Foundation, a Swiss nonprofit. The primary goal of the project is the establishment of an interconnected system of multiple blockchain platforms. The platform seeks to provide a way for independent blockchains to interact with each other financially and otherwise. The system of Icon works through various new types of nodes such as ICON Republic and Citizen Nodes. The ICON (ICX) coin is maintained with the LFT (Loop Fault Tolerance) consensus algorithm, which is a more scalable alternative to POW, which offers highly efficient voting and value exchange processes. Icon is a very successful project. The ICX coin is traded on almost every major cryptocurrency exchange. The coin is one of the top-50 cryptocurrencies in terms of market capitalization. Check out the current ICX price with Coin360.com
ICON Price0.354233 USD
Market Rank#129
Market Cap325,711,567 USD
24h Volume5,103,144 USD
Circulating Supply919,483,096 ICX
Max Supply800,460,000 ICX
Yesterday's Market Cap319,982,700 USD
Yesterday's Open / Close0.321599 USD / 0.348003 USD
Yesterday's High / Low0.348003 USD / 0.313632 USD
Yesterday's Change
0.08% ( 0.026404 USD )
Yesterday's Volume4,496,173.50 USD
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