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Cryptocurrencies/Coins/PrismChain (PRM)
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PrismChain(PRM)

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263 days agocryptodaily
Ethereum-Based BTCX Token Raises $1.5M to Build the World’s First Bitcoin Xin Blockchain
Granite city, U.S. Outlying Islands, August 14th, 2023, ChainwireBTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured $1.5 million in pre-seed and seed funding to address inefficiencies in the cryptocurrency market. With the aim of upgrading Bitcoin by introducing hyper-deflationary features, BTCX Token seeks to redefine the future of cryptocurrency, tackling key challenges such as volatility, inefficiency, scalability, and sustainability.The recently concluded funding, with a valuation of $10 million, is backed by prominent names in the industry by following the steps of the early-staged Bitcoin, enabling BTCX Token to fully enhance its technological foundation and expand both within and outside the cryptocurrency ecosystem. The involvement of experienced Advisory Board members ensures that BTCX Token will solidify its innovative presence in the market.BTCX Token's unique approach in the form of the combustion model represents a systematic means of controlling supply. By permanently reducing the circulating supply through burning, it creates a scarcity that drives value, echoing transformative moves by tech giants and industry leaders. Unlike arbitrary burning mechanisms, BTCX Token's strategy is thoughtfully aligned with its core ideology, crafting a stable and thriving cryptocurrency ecosystem that promises future appreciation.The BTCX Token also introduces a novel concept in staking, offering investors a chance to earn BTCX tokens passively by holding them using BTCX's disrupting algorithm. This simplification and democratization of staking marks a significant milestone, setting it apart from more traditional and volatile avenues. By rewarding stakers, BTCX Token aligns user interests with network growth, creating a mutually beneficial environment. This alignment of incentives fosters community participation and engagement, a crucial factor for enduring success in the rapidly changing crypto world.The Tokenomics of BTCX Token are intricately woven into the fabric of its design, ensuring long-term viability and a deep commitment to growth. With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 BTCX Token for presale, 8,610,000 BTCX Token for burning, 5,040,000 BTCX Token as a reward for staking, and 2,100,000 BTCX Token for liquidity. The presale of BTCX Token Token allowed investors to buy at attractive prices, reflecting the community's confidence in this groundbreaking project. By staying attuned to market needs and trends, BTCX Token demonstrates adaptability, a vital factor in the rapidly evolving crypto landscape.The platform's ideology is firmly rooted in inspiration and innovation, and it's poised to pave the way for the next Bitcoin era, offering solutions, opportunities, and a vision for the future. By focusing on adaptability, security, and performance, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is leading the charge.After months of development and testing, BTCX Token is ready to embark on a new chapter in crypto history, signifying a leap in thinking and evolution in the cryptocurrency space. As the project's public mainnet is set to open, the world watches with anticipation, recognizing BTCX Token as more than just a new Token; it's the beginning of a new era.For more information about BTCX Token, please visit: BTCX.IOAbout BTCX TokenBTCX Token is more than just a cryptocurrency; it signifies a leap in thinking and an evolution inspired by innovative leadership. By addressing industry needs and introducing innovations in staking, combustion, and presale strategies, BTCX Token is poised to pave the way for the next Bitcoin era.Website | Twitter | TelegramContactPRMason CallahanBitcoin [email protected]
263 days agocryptodaily
Ethereum-Based BTCX Token Raises $1.5M to Build the World’s First Bitcoin Xin Blockchain
Granite city, U.S. Outlying Islands, August 14th, 2023, ChainwireBTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured $1.5 million in pre-seed and seed funding to address inefficiencies in the cryptocurrency market. With the aim of upgrading Bitcoin by introducing hyper-deflationary features, BTCX Token seeks to redefine the future of cryptocurrency, tackling key challenges such as volatility, inefficiency, scalability, and sustainability.The recently concluded funding, with a valuation of $10 million, is backed by prominent names in the industry by following the steps of the early-staged Bitcoin, enabling BTCX Token to fully enhance its technological foundation and expand both within and outside the cryptocurrency ecosystem. The involvement of experienced Advisory Board members ensures that BTCX Token will solidify its innovative presence in the market.BTCX Token's unique approach in the form of the combustion model represents a systematic means of controlling supply. By permanently reducing the circulating supply through burning, it creates a scarcity that drives value, echoing transformative moves by tech giants and industry leaders. Unlike arbitrary burning mechanisms, BTCX Token's strategy is thoughtfully aligned with its core ideology, crafting a stable and thriving cryptocurrency ecosystem that promises future appreciation.The BTCX Token also introduces a novel concept in staking, offering investors a chance to earn BTCX tokens passively by holding them using BTCX's disrupting algorithm. This simplification and democratization of staking marks a significant milestone, setting it apart from more traditional and volatile avenues. By rewarding stakers, BTCX Token aligns user interests with network growth, creating a mutually beneficial environment. This alignment of incentives fosters community participation and engagement, a crucial factor for enduring success in the rapidly changing crypto world.The Tokenomics of BTCX Token are intricately woven into the fabric of its design, ensuring long-term viability and a deep commitment to growth. With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 BTCX Token for presale, 8,610,000 BTCX Token for burning, 5,040,000 BTCX Token as a reward for staking, and 2,100,000 BTCX Token for liquidity. The presale of BTCX Token Token allowed investors to buy at attractive prices, reflecting the community's confidence in this groundbreaking project. By staying attuned to market needs and trends, BTCX Token demonstrates adaptability, a vital factor in the rapidly evolving crypto landscape.The platform's ideology is firmly rooted in inspiration and innovation, and it's poised to pave the way for the next Bitcoin era, offering solutions, opportunities, and a vision for the future. By focusing on adaptability, security, and performance, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is leading the charge.After months of development and testing, BTCX Token is ready to embark on a new chapter in crypto history, signifying a leap in thinking and evolution in the cryptocurrency space. As the project's public mainnet is set to open, the world watches with anticipation, recognizing BTCX Token as more than just a new Token; it's the beginning of a new era.For more information about BTCX Token, please visit: BTCX.IOAbout BTCX TokenBTCX Token is more than just a cryptocurrency; it signifies a leap in thinking and an evolution inspired by innovative leadership. By addressing industry needs and introducing innovations in staking, combustion, and presale strategies, BTCX Token is poised to pave the way for the next Bitcoin era.Website | Twitter | TelegramContactPRMason CallahanBitcoin [email protected]
276 days agocryptodaily
Jia Expands Credit Solution on Huma to Foster Growth and Opportunity in Emerging Markets
San Francisco, California, August 1st, 2023, ChainwireAddressing a $5 trillion global credit gap in emerging markets, Jia, which connects capital to small businesses in every corner of the world, scales up its credit solution on Huma, which builds infrastructure for real-world lending.Two months after launching its credit solution on the Huma platform, Jia is expanding its reach to accommodate the robust demand for credit in emerging markets, along with an increase in liquidity supply.“We are delighted to facilitate Jia's innovative approach to lending. Our platform's infrastructure is designed to foster next generation lending solutions, and together we're showcasing what fair and transparent lending looks like, making a tangible difference in people's lives." says Erbil Karaman, CEO and Co-founder of Huma Finance.There is a $5 trillion credit gap in emerging markets, with many individuals lacking access to formal credit and the small business financing ($500-$2,000) they need, halting their day-to-day business interactions and ability to serve their communities.By utilizing Huma's DeFi infrastructure, Jia can expedite transactions with fairness and transparency, creating opportunities for entrepreneurs to grow their businesses.Jia is dedicated to serving small businesses in emerging markets. The company launched a $100,000 pool on Huma in May, which it has used to originate loans to more than 500 borrowers in Kenya and the Philippines.Within the next six months, Jia is planning to scale up their credit solution even more to $500k, an increase of 400%. This growth projection sets the tone for a further 5x increase in a year's time given the borrower and lender demand.Jia's pool reached full subscription less than 24 hours after launching, signaling a strong interest from accredited investors interested in this asset class.The capital raised has already created transformative change in these small businesses.With stories of borrowers like Dr. Elishaphan Obuya, a medical practitioner from Kisumu, Kenya, Jia’s impact becomes tangible. Dr. Obuya, the founder of Shepher Lifecare, offers a range of medical services to hundreds of patients monthly. With Jia’s credit solution, facilitated in partnership with Ilara Health, Dr. Obuya borrowed 142,800 KES ($1,012) to maintain a crucial supply of lifesaving medicines in his clinic.Another inspiring story comes from Kristel Erestingcol in Manila, Philippines. Kristel operates a sari-sari store, serving her community with essential food items and school supplies. With a Jia loan of PHP 10,000 ($182), her second from the platform, Kristel has not only been able to buy more inventory in bulk at lower prices, but also expand her store's offering into new product lines including school uniforms and clothing."Our mission is to drive economic growth in emerging markets by breaking down financial barriers. The extension of our credit solution on Huma is a testament to the potential we see in these markets," says Zach Marks, CEO and Co-founder of Jia.Jia's expansion on the Huma platform is a strong signal of how DeFi can move away from speculative use cases, and allow entrepreneurs and small businesses in emerging markets to access digital financial resources.Together, Jia and Huma are working on a roadmap to roll out features for a seamless real-world lending experience.With the financial ecosystem becoming increasingly borderless and inclusive, the realization of global financial freedom seems within grasp.About JiaJia is expanding financial freedom across the globe. Jia provides blockchain-based financing to small businesses, then rewards borrowers who repay with ownership, enabling them to create wealth and prosperity for themselves and their communities. Learn more https://www.jia.xyz/.About Huma Finance Huma Finance builds the infrastructure powering an ecosystem for real-world lending solutions. With a mission to make the crypto industry more accessible and supportive of practical use cases, Huma Finance enables borrowing against cash flows and receivables, opening up new possibilities for individuals and businesses around the world. Learn more https://huma.finance/.ContactCommunications & PRMia GrodskyHuma [email protected]

About PrismChain?

The live price of PrismChain (PRM) today is ? USD, and with the current circulating supply of PrismChain at ? PRM, its market capitalization stands at ? USD. In the last 24 hours PRM price has moved ? USD or 0.00% while ? USD worth of PRM has been traded on various exchanges. The current valuation of PRM puts it at #0 in cryptocurrency rankings based on market capitalization.

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

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