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6 days agocryptodaily
TOP 5 best ICO projects in November 2022
You want to invest in ICO but don’t know which project to choose? Especially for you, we have listed the top 5 ICO projects in November 2022. ICO is not easy enough for beginners to understand. Thus, the choice of which project to invest in becomes more complicated. First of all, you need to familiarize yourself with the project and assess all the risks. To make it easier for you, we have prepared this article. The best ICO projects in November 2022: 1. BlaBlaGame — The first crypto-based rock, paper, and scissors game. We recommend it! 2. My Freedom Coin — The crashproof asset without risk of loan liquidations. 3. Maxxer — A decentralized cryptocurrency exchange which is driven by community. 4. KubeCoin — Travel industry-focused project. 5. Tetrix Token — The first cryptocurrency that works togetherwith augmented reality technology. Let’s look at them in more detail. 1. BlaBlaGame and their BLA-token We suggest you to start with the most fun and reliable project — BlaBlaGame! It is a first crypto Rock Paper Scissors game! BlaBlaGame.iohas a truly outstanding goal of uniting the entire crypto community in the world. You will play with real users, the rules of this game are known to everyone since childhood: rock wins scissors; paper wins rock; scissors win paper. The bids are in USDT or in the team’s own token — BLA token. The project currently has almost 1,000 users who have already played 13,700 games! If you play with USDT, the winner receives a reward with a 3% fee deducted from the total amount, but if you play withBLA token, the fee you’ll pay is 2,2%. All the created Rock-Paper-Scissorsbids are protectedwith the SHA-256 encryption algorithm which guarantees the highest standard of protection and security. BlaBlaGame also have rating system! The higher your level is the more rewards you will get from the system. To get to the next rating level you need to havea certain number of BLA tokensin your account and win a certain number of games. The maximum is 1,000,000 tokens for the final “To the Moon” level. Referral program allows you to earn crypto for each win of your referral in the game andearn BLA tokensfor the BLA tokens purchases of your referrals. BlaBlaGame team plans to launch a bank of daily and monthly bonuses to make the Rock-Paper-Scissors game even more excitable. BLA tokenis issued on the Ethereum blockchain using ERC-20 standard. 2. My Freedom Coin The second most reliable on our list is My Freedom Coin(MFC).This ICO is the only cryptocurrency project with a Floor Price. Using the platform and paying the fees, you contribute to the increase in the rate of the coin. For example, if you want to make a transaction on the P2P exchange, you will pay 2% fee — for buyers and for sellers. For buyers, the fee is charged in theMFC, which are removed from circulation and increase the current price.To gain access to the exchange, you must first purchase a trading license. The license fee is set at $0, but it also increases by $5 for every new 10,000 users until it reaches $50. All transactions you make between wallets will also charge 0.5% fee, which will be removed from circulation. My Freedom Coinis a fairly reliable coin, its floor price rises and can minimize any negative volatility. You can also take out a BUSD loan on the platform without the risk of liquidation. My Freedom Coinis based on Binance Smart Chain. The system allows users to use a wallet, bank and exchange service, as well as take loans usingMFCas collateral. You as a user will be charged an interest rate of 0.98% per month in MFC, which also will be removed from circulation. 3. Maxxer — $MXXR Token Let’s move on and check out the next project. Would you like to be able to trade assets and make “crypto” friends? You can do this if you use Maxxer. This is the first decentralized crypto exchange based on social trading. Social trade is a priority for this project. You can watch other traders and analyze and even copy their behavior in different situations. You can find the best of the best and learn from their experience. What makes the project even more interesting is the gamification and social trading league. You can become a successful trader and get valuable rewards. The project has issued its own token$MXXR, which provides discounts on the fees. 4. KubeCoin — KUBE Token Now we want to introduce you a virtual currency that is set to revolutionize travel and leisure industries. The KubeCoin team would like to introduce cryptocurrency into our daily lives. Kube Coin system consists of its own wallet, EatKube and NFT platform with its own unique NFT collection. The team launched its decentralizedKubeCoin tokenin 2021 and is now aiming to make it the main currency used to pay for travel around the world. The startup that supportsKUBE ICOwas founded in 2017 with a total gross profit of €5,000,000. 5. Tetrix Token — XTR The next and the last on our list is theXTR Token, which is implemented by the TRON network’s TRC20 standard. This coin allows you to make transactions using the new technology of the metaverse. XTR VR box is the latest high performance platform dedicated to the development of new technologies based on blockchain. It supports $10 million daily volume from over 4,000 daily active users. The Tetrix team decided to make the business life a little easier by launching a blockchain-based ICO in which they connected companies, employees and assets. Their new token makes money transfers easy and secure.XTR Tokenwill be based on TRON’s idea of ​​a decentralized Internet (scalability and high throughput), which makes it fundamentally easier to develop blockchain applications. Also, the team plans to create its own universal DEX wallet. The small project team consists of only 11 people. TRON Arcade Fund has invested in the new Tetrix ICO project. 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.
6 days agocryptodaily
Warner Music Group Announces Partnership with OpenSea
Record label behemoth Warner Music Group has announced a partnership with OpenSea, with the goal of helping its artists expand into Web 3.0. The record label conglomerate counts some of the biggest music names among its signed artists, including Ed Sheeran, Madonna, Dua Lipa, Cardi B, and more. Early Access To New OpenSea Products The partnership with OpenSea, the world’s largest NFT marketplace, will see artists signed with Warner Music gain early access to new OpenSea products. Additionally, artists will also receive improved discoverability on OpenSea, and access to dedicated and featured portions of the marketplace for any upcoming NFT projects. Artists signed with Warner Music Group will also receive support from the OpenSea team, who will help them expand their Web 3.0 fan base and onboard existing fan communities into the NFT space. Oana Ruxandra, Chief Digital Officer at Warner, spoke about the partnership, stating, “Our collaboration with OpenSea helps to facilitate these [fan] communities by unlocking Web3 tools and resources to build opportunities for artists to establish deeper engagement, access, and ownership.” First Collection In The Works The partnership’s first collection is already in the pipeline, coming from Warner Records, who have collaborated with celebrity chef Jeremy Fall’s web 3.0 startup, Probably Nothing. Fall has also confirmed that the debut collaboration between Warner Music and OpenSea will be NFT Label Passes for Probably A Label. Probably A Label is Fall’s Web 3.0 record label launched in partnership with Warner Records. NFT Label Pass holders will be able to license songs from an exclusive members-only music library and be able to create and own stakes in community-generated IP-backed virtual artists. They will also be able to attend exclusive live events such as artist meet and greet events and dinners with executives and also gain access to upcoming music drops from Probably A Label. Helping Reclaim Music Ownership Rights Probably A Label has stated that its mission is to harness Web 3.0 technology and enable artists and fans alike to reclaim music ownership rights. Fall has stated that Warner, one of the biggest names in the traditional music industry, is the ideal partner in this endeavor. Talking about Warner, Fall stated, “They are the type of major label that is trying to enter the space the right way and adapt to the current climate, what culture looks like now. They’re in favor of the artists and pushing the IP conversation forward.” More Benefits For Holders Music-related benefits are not the only thing NFT Label Pass holders are eligible for. The pass will also give holders access to Studio A and Studio B, IP incubators that allow users to leverage their blue-chip NFTs such as Cryptopunks and Bored Ape Yacht Club to pitch projects. Studios can then choose to develop, market, finance, and co-sign these projects. “It’s great that in the NFT space, people get IP ownership. But if you don’t know what to do with that, it’s pretty useless.” Other Record Companies Expanding Into Web 3.0 Other major record labels are also looking to expand into the Web 3.0 arena, increasing their presence and capitalizing on Web 3.0-related IP. Universal Group signed a deal earlier this year, allowing its signed artists to release NFTs on music-focused NFT marketplaces such as Limewire. Universal has also looked to push Beyonce’s producers, asking them to helm Kingship, a virtual band based on BAYC NFT artwork. 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.
7 days agocryptodaily
USDC To Be Available On Five More Blockchains
Circle is expanding the support for its USDC stablecoin to make it available on five additional blockchains. USDC Joining New Platforms As per the latest announcement from Circle, USDC will now be available on five more blockchains in addition to the ones it is already operational on. The stablecoin is the second largest in the world and was first introduced by Circle back in May 2018. The new blockchains that USDC will join are Arbitrum, Cosmos, NEAR, Optimism, and Polkadot. Circle’s VP of Product Joao Reginatto addressed the expansion of the USDC stablecoin, saying, “Extending multi-chain support for USDC opens the door for institutions, exchanges, developers and more to innovate and have easier access to a trusted and stable digital dollar.” Circle Announces USDC Support Expansion According to the announcement from Circle, the stablecoin will be compatible with the above five blockchains by early 2023. While the company expects that the USDC will be compatible with Arbitrum, NEAR, Optimism, and Polkadot by the end of 2022, it might take few extra months to onboard Cosmos, pushing the deadline till early next year. The stablecoin was previously operable on 9 blockchain platforms - Ethereum, Solana, Avalanche, Polygon, TRON, Algorand, Flow, Hedera, and Stellar. The company’s Chief Product Officer Nikhil Chandhok announced the news to a live audience at Circle’s Converge22 conference on September 28. Soon after, the team also announced the news on Twitter: “Another exciting announcement just shared at ConvergeSF22. We intend USDC to be available on Arbitrum, Cosmos, NEAR, Optimism, and Polkadot.” Cross-Chain Transfer Protocol Announced The company also announced the upcoming launch of a Cross-Chain Transfer Protocol for the stablecoin that will improve its movement across blockchains. The present “fragmented” process will be streamlined and developers will be supported by the protocol when creating wallets, apps, and financial services tools that facilitate seamless USDC transfer across blockchains. Reginatto also said, “Cross-Chain Transfer Protocol ultimately enables USDC to function as a universal dollar liquidity layer across ecosystems, providing the most capital efficient way to transport value across the crypto ecosystem.” USDC And Other Platforms The addition of USDC on all these blockchain platforms is noteworthy especially in light of the two leading crypto exchange platforms delisting the stablecoin earlier this month. The first to remove USDC from its spot trading pairs and other offerings was Binance, which claimed that it was doing so to improve liquidity and capital efficiency. Soon after, India’s largest crypto exchange, WazirX followed suit and delisted USDC. However, Robinhood has also recently listed USDC on its offerings, making it the first stablecoin to be added to the company’s crypto platform. 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.
9 days agocoindesk
Blockchain Infrastructure Project Eclipse Raises $15m To Build ‘Universal Layer-2’
The $9 million seed round was co-led by Tribe Capital and Tabiya, and follows an earlier $6 million in pre-seed funding.
14 days agocryptodaily
ParallelChain Secures $50M Investment Ahead Of Mainnet Launch
ParallelChain inches closer to its mainnet release in Q4 2022. Thanks to $50 million in a token subscription facility from GEM Digital, the team can continue its ecosystem growth and innovative approach to censorship-resistant characteristics. ParallelChain Lab has positioned itself as an enterprise-facing blockchain-as-a-service (BaaS) provider focusing on high performance and resilience to censorship. Its native network, ParallelChain, provides a proof-of-stake Layer-1 technology stack coupling public and private blockchains. That unique approach is a crucial step to establishing a super-ecosystem of universal smart contracts bringing traditional and decentralized finance closer together. Under the hood, the ParallelChain Mainnet uses delegated proof-of-stake (DPoS) consensus through an innovative multi-class validator design. Therefore, ensuring a fair distribution of network power to validate transactions is essential. In addition, the ParallelChain Enterprise network is a permissioned solution leveraging proof-of-Immutability (PoIM) to ensure transaction secrecy. Both platforms are fully interoperable and position ParallelChain as the gateway for enterprises seeking to deploy and operate confidential blockchains while remaining committed to compliance. Since its foundation in 2018, ParallelChain has continued to build and grow. The team spans over 30 full-time on-site engineers with expertise in artificial intelligence and distributed systems. Moreover, they have worked tirelessly to achieve crucial milestones and deliver on the initial roadmap. The next major objective is the DPoS mainnet launch in Q4 2022. That launch will coincide with the XPLL token hitting multiple centralized exchanges. ParallelChain CEO Ian Huang comments: "Blockchain technology has fundamentally altered the way we exchange value and do business. Yet, the current iteration of Web3 doesn’t fully account for the potential stakeholders that can genuinely advance adoption or, for that matter, figure out how to bring Web2 services into the mix. Our unique two-pronged layer-1 approach forms a conduit between public and private blockchains. This allows developers to select the most valuable features for any given use case. We see this solution as the answer to enterprises’ privacy and compliance demands while simultaneously addressing the need for scalability across many public applications, namely DeFi. With fresh funding in play, ParallelChain will be able to support diverse stakeholders as they seek to realize their Web3 ambitions, all while benefiting from the unrivaled functionality we believe is necessary to attract mass-market embrace.¨ The $50 million injection by GEM Digital will fund ParallelChain's community development, R&D efforts, and funding decentralized projects and dApp developers building on its technology stack. GEM Digital Limited (GEM), based out of the Bahamas, is a well-respected digital asset investment firm sourcing, structuring, and investing in blockchain utility tokens found across various centralized and decentralized exchanges worldwide. The financial commitment by GEM serves as a token subscription facility. 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
16 days agocryptodaily
Mobile Gamers on Android to Explore Web3 Opportunities Via OviO
Mobile gaming has become the crux of video game development. It represents a market share of roughly 60% and will continue to grow for the foreseeable future. OviO admits the potential of mobile games as a gateway to Web3 technology and gamer empowerment. Mobile Gaming Continues To Dominate Video games represent decades of hardware, software, frustration, entertainment, socializing, etc. However, in recent years, the focus has shifted from playing video games on PC or consoles to doing so on mobile devices. Not entirely surprising, as the average smartphone or tablet is more powerful than some people's home computers and far more portable. In addition, it has become much easier to gain internet connectivity through WiFi or cellular data. Per a recent report, mobile games represent 60% of all video games played globally. That is a steep market, even though many PC and console diehards swear never to touch these mobile titles. That is partially due to many games exploring microtransactions - or even pay-to-win mechanics - to take money from players. Although some gamers are happy to pay to progress in a mobile game, they have no control over the purchased assets or other in-game currencies and items. Web3 technology can change that narrative and empower the gamer. OviO, a blockchain-based solution, aims to bridge the gap between Web2 mobile titles and Web3 technology to emphasize in-game currency tokenization. Converting the gems, gold, or silver from mobile games into tradeable crypto assets will unlock new liquidity avenues and allow players to earn small amounts of money from playing these titles. With OviO, currency tokenization is only one facet of a broader ecosystem. The platform enables discounted in-game currency buying for a growing range of supported mobile games. In addition, users can acquire OviO credits to redeem for in-game rewards. It allows for a different approach to mobile gaming, a market representing nearly $175 billion in in-game currencies. Giving users a way to trade, buy, sell, and exchange assets - which usually have no value outside the game - is a powerful example of the potential of Web3. Tackling An Existing Vertical The approach by OviO makes sense. Rather than building new games from scratch - and the marketing that goes along with it - the team actively seeks partnerships with existing developers and publishers. That approach pays off, as numerous mobile games support Web3 components today. In addition, titles like Trial Xtreme 4 and Impossible Space are accessible through the recently-released OviO mobile apps found on the Google Play Store. Those apps will land on iOS in the coming weeks. OviO Co-founder and CEO Nir Hauer comments: “Our mission is to offer gamers and crypto communities the best liquidity experience with our universal gaming token, which can offer our communities the holy grail of interoperability and ownership of any game asset across all games, domains, chains, and categories. Our frictionless approach means our community of gamers gain the best experience from our games, not to mention exclusive in-game content, great discounts on game-coin purchases, and better exchange rates for our most loyal users.” The choice to launch on the Google Play Store is sensible, as Android has the most significant mobile operating systems market share. Moreover, thanks to devices like the NVIDIA Shield Pro, it becomes possible to play demanding mobile games from the couch. As more developers and publishers begin exploring Web3 opportunities, the mobile gaming landscape will continue to evolve. 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
17 days agocryptodaily
Growth in Web3 - Growth Tools and How to Leverage Them
Web3, often dubbed “the future of the internet”, first coined in 2014, has seen it’s expansion across a number of industries, continuing to grow as the months go by. Looking at the past, present, and even the future of Web3, one may only wonder what the growth and acceptance of the industry looks like, and how one can implement these technologies into their own institutions. The Progression of the Web as a Whole Web1 can be considered the founding father of the internet. Being a lot more static than what the web looks like today, Web1 gave users an opportunity to search for and view different information on the internet. This version of the web was static in that it was “read-only”, not allowing users at the time to interact with content in any way. This version of the web was purely for the consumption of information. In comes Web2. The acceptance of this web version was accelerated by its interactive interface - allowing users to participate in the creation of content. Since its inception in 2004, Web2 has grown into a massive online space which supports the likes of social media networking, blogging, podcasting, web content voting/commenting and so much more. Over 15 years later, the Web2 space continues to thrive, while a new age of technology approaches. Welcoming Web3 Although Web3 was already coined in 2014, the progression and acceptance of this version of the web has not yet been as widespread as its predecessor - Web2. This however, is not to say that the growth of the industry has not been accelerating in recent years. Often associated with the likes of NFT’s, cryptocurrencies and the metaverse, Web3 goes far beyond these concepts and has seen a widespread acceptance across a number of industries. Blockchain, the technology on which Web3 lies, has in fact seen successful adoption across a number of industries, including media and entertainment, government, healthcare, and more. Many believe that almost every sector is expected to adopt Web3 technology sooner or later. Like any other technological advances, businesses and users are expected to accept and adapt to the progression of Web3 as it enters it’s most successful era. What Gives Web3 the Edge for its Continued Growth and Acceptance? Democracy An increasingly favourable aspect of Web3 is the democratization of organizations. Through the power of DAO’s, Web3 gives users who hold a specific governing token to make decisions regarding the project in question. Community based airdrops have seen an increase in popularity, whereas companies would send promotional/free NFTs to their community members. This tool is not simply a “free money” exercise, but rather gives community members the responsibility of being a decision maker in the DAO. Security Data security in the Web2 space has become an increasingly large issue in recent years. Due to the centralized nature of Web2, the chances of potential data hacks and leaks are extremely high. Data hacks, whether directly on the server of the Web2 app, or on a personal profile seem to have become the norm, with hacks happening on the daily and continuously putting Web2 users at risk. With this in mind, Web3 dApps have a supreme advantage over their Web2 counterparts and can serve as a strong tool to attract new individuals, communities and organisations into the world of Web3. Decentralized Identities Social media hacking is unfortunately only a small portion of threats that users have to experience in the world of Web2. The potential for identity theft has been on the rise in recent years, often being attributed to the mass amount of unprotected online marketplaces. Users logging in to their different profiles with their email/cell phone and a password is unfortunately not enough to curb these issues. In the Web3 space, Decentralized Identities (DID) are making waves. Already in action, Web3 credential data network Galxe has seen great success in their DID department. Users who sign up for the Galxe ID will have access to one universal ID which will be their main identity in the Web3 world, providing them with multiple case uses. The encryption on these online ID’s will guarantee the users safety, no longer having to worry about hacks to any of their online data. On top of this security measure, the Galxeaxy ID will permit users to display their collected Web3 credentials and the history of their achievements. Data Ownership Currently, data ownership on Web2 apps is fully controlled by the organization itself, meaning that users of apps have no authority over their own data: from their personal information, all the way to their online behavioral stats. These online credentials are then used by the organization for their own marketing benefits, making billions in profit per annum while leaving individual users with no benefits or perks. In the Web3 space, online credentials have completely shifted, giving users full ownership and control of their data, while being rewarded when sharing their data. Currently, Web3 users are reaping the rewards of the new web, through the likes of Galxe, which also help Web3 developers to create successful and meaningful products in the Web3 space. A win-win situation for all. Leveraging the Web3 Space Looking at the above perks offered by the Web3 space, entering this industry, whether as a user or an organization is a no brainer. When entering this new age of the web, organizations should keep in mind the multiple tools that will help them leverage the growth of their brand in Web3. Focusing on the security (DID) and data ownership benefits for users, it is vital for organizations to understand how they can use these tools to accelerate their growth in Web3. The likes of Galxe have proven to be an all-rounder partner in the Web3 space, providing not only users with endless perks, but also giving organizations the tools necessary to grow their Web3 products while keeping their community engaged. Although one cannot predict the future - the Web3 space has the potential to advance and become the leader of the web. For now - only time will tell! 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.
17 days agocryptodaily
H.E. Justin Sun Discusses the Seamless Web3 Future
Geneva, Switzerland, 19th September, 2022, ChainwireH.E. Justin Sun, Founder of TRON, spoke about the Seamless Web3 Future at Binance Blockchain Week in Paris. Sun was the key speaker at one of the most anticipated panel discussions with Eowyn Chen, CEO of Trust Wallet, and Jorn Lambert, Chief Digital Officer of Mastercard. The panel discussed important topics such as Web3 and its universal definition, key tools, critical issues, safety concerns, and other pressing matters concerning the industry’s future. The discussion on Web3 and its technical definition kicked off the conversation. All panelists agreed that Web3 was already here, but mainstream adoption of Web3 is what will lead to the creation of more use cases. While Chen and Lambert expressed interests similar to Sun, Chen expanded upon Sun's future vision of what Web3 is and what it could become. Sun expanded on key tools to help create a more seamless Web3 experience, such as digital wallets, revenue and reward tools, and more efficient logistics and supply chain operations. Sun proceeded to discuss the unique utility and tools that stablecoins can provide and how Trust Wallet, MasterCard, and TRON can work together on improving the user experience of payment protocols. Chen elaborated on the glaring difference between Web2 and Web3 by using Apple Music as an example of how many barriers to transferability and ownership exist in the current marketplace. Lambert followed up by discussing how tooling in Web3 can help current Web2 businesses to scale more efficiently by conducting the right amount of UX research. User optimization is essential and must be done correctly for mass adoption to allow companies to scale. Mass adoption was a consistent talking point, and the panelists had varying opinions. Sun's main topics focused on education and creating digestible content for users. Your Web3 experience is similar to your “gaming experience,” this is critical when addressing “ways to help mainstream crypto adoption.” Chen led her response with this statement and concluded that the best way to educate users is by utilizing social media and a proper UX needs to be established by product designers to make them frictionless. Lambert focused on how security is vital for mass adoption to occur so that users aren’t “looking over their shoulder” as they navigate the Web3 space. Sun later responded with how important it is to be wary of scammers that will come about and addressed the concept of protocols and major institutions to help fight against this by filtering out scammers and verifying real users by implementing Know-Your-Customer policies. The panel also discussed the aspect of security and safety as an essential part of Web3, maybe even the most significant. Helping create a chain agnostic ecosystem can help bring vibrant projects with fewer barriers of entry for them to succeed, which offers more users that these projects can attract. Another key theme echoed was the importance of regulations. Making sure governments regulate the crypto space properly can help speed up the growth of blockchain technology. To assure protection in an anonymous digital environment, users can utilize frictionless and easy-to-use payment protocols that won’t allow them to connect their crypto wallets on non-verifiable NFTs or marketplaces. Lambert continued the discussion on security by inspiring developers to find pragmatic solutions. Sun alluded to UI/UX being important for protocols to adopt to continue with efforts toward creating a more secure ecosystem. Sun also conveyed the importance of adopting other infrastructure platforms like Etherscan to help validate transactions properly. Chen focuses on working with large layer-1 blockchains like Binance to help with creating proper compliance and by using Artificial Intelligence to audit smart contracts properly. She suggested a civil society political theory and believes blockchain ecosystems will similarly become more educated and “civilized” organically, allowing fewer scammers to be successful and much more infrastructure to be feasible. Lastly, the panel members talked about the current situation with Web3 and what projects are leading the space. Sun brought up the diverse qualities that different types of projects can bring and led with finance-based protocols followed by DAOs, GameFi, NFTs, and educational platforms which have paved the way for the current landscape of Web3. Lambert mentioned that “commerce makes the world go round,” It is imperative to create verification protocols that allow safe and verifiable physical transfers from user to user. Chen agreed with this concept and added that the industry must establish a specific level of trust for these transactions to occur. Sun agreed with the other panelists and added that institutions must hire the right people who understand the heart of this issue, establish this level of trust for users, and communicate educational content properly. He finished on how the crypto community is becoming much more mature, and you can see that happening with how crypto users and fans are starting to dress a bit more professionally. The panelists agree with pushing toward privacy, security, and more robust verification methods that will allow users to feel safe with their money and identity. Sun concluded his panel discussion on the exponential adoption of crypto due to its decentralization and utilization and how Web3 must continue to stay decentralized to reach its full potential. About TRON DAO TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of August 2022, it has over 111 million total user accounts on the blockchain, more than 3.8 billion total transactions, and over $13.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum ContactsFeroz [email protected]
22 days agocryptodaily
Linux To Support Wallet Development Through OpenWallet Foundation
The Linux Foundation has announced plans to launch the OpenWallet Foundation (OWF). OWF will be a collaborative effort that will see the foundation work with a host of companies and non-profit organizations that will create an open-source software engine to build digital wallets. A Collaborative Effort The OpenWallet Foundation does not have any plans to create a digital wallet for itself. However, one of its goals is to make it significantly easier for other companies to create interoperable digital wallets for themselves. The foundation hopes that these wallets will be interoperable and have a variety of use cases. The OpenWallet Foundation stated in a press release that it would create an open-source software engine that can be used by other organizations to develop their own interoperable wallets. Director of media relations and communications at the Linux Foundation, Dan Whiting, stated, “The OWF intends to enable many use cases where digital credentials and digital assets can be stored and easily accessed by users. One potential use case could include a cryptocurrency, but that will not be the only use case that could be addressed by the OWF open source engine.” Open-Source Critical For Security And Interoperability The Linux Foundation believes that open-source software will play a critical role in ensuring security and interoperability. Executive Director of the Linux Foundation, Jim Zemlin, echoes the sentiment, stating, “We are convinced that digital wallets will play a critical role for digital societies. Open software is the key to interoperability and security. We are delighted to host the OpenWallet Foundation and excited for its potential.” Another member of the Linux Foundation, Accenture’s David Treat, stated, “Universal digital wallet infrastructure will create the ability to carry tokenized identity, money, and objects from place to place in the digital world. Massive business model change is coming, and the winning digital business will be the one that earns trust to directly access the real data in our wallets to create much better digital experiences.” Other Companies In The Endeavor The Linux Foundation is being joined by a host of companies in this endeavor, including the likes of CVS Health, The Open Identity Exchange, Okta, OpenID Foundation, Ping Identity, Polypoly, Procivis AG, Transmute, and Trust Over IP Foundation. The Linux Foundation was founded in 2000, with its projects backed by industry behemoths such as Microsoft, Google, Intel, and Meta. There are a number of members from the blockchain space as well, including 0Chain, Algorand, and enterprise-optimized blockchain developer, Casper Labs. The Linux Foundation is also the entity behind the hugely popular open-source operating system, Linux, and Hyperledger. Hyperledger is a non-profit organization that focuses on developing enterprise-grade blockchain infrastructure. 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 agonulltx
Top 5 Oracles Tokens Below $6M Market Capitalization to Watch in September 2022
A connection between off-chain and on-chain events, or simply put, between the blockchain and the real world, is made by an oracle. You can obtain information from data sources, including price or related weather information. Oracles are simply Data Feeds.  ChainLink, NEST Protocol, iExec, and Universal Market Access (UMA) are a few of the top […] The post Top 5 Oracles Tokens Below $6M Market Capitalization to Watch in September 2022 appeared first on NullTX.
24 days agocoindesk
Bored Ape NFT Band to Make Music With Beyoncé-, Timberlake-Linked Producers
Grammy Award-winning producers James Fauntleroy and Hit-Boy are creating the sound of Universal Music Group’s Kingship band.
31 day agocryptodaily
Cross-Chain Interoperability: What it Means for Blockchain
Blockchain is often touted as a revolutionary technology that will change the way we do business. Yet most chains are siloed with specific use cases and varying degrees of decentralization. With the increase in web3 solutions, the need to interconnect different chains to enable cross-chain interoperability is increasing every day. This article elaborates on the concept of cross-chain interoperability and how Konstellation is leveraging interoperability to offer a workable solution to this problem in the DeFi capital markets. What is Cross-Chain Interoperability and Why is it Important? New blockchain protocols, with unique approaches, novel consensus protocols, and advanced capabilities to host applications are launched with each passing day. Almost every industry is evolving to accommodate different versions of DLT solutions. But there are several issues to solve. Among them are slow processing speeds, poor scalability, and lack of complete decentralization. Currently, it is very cumbersome for users to use their cryptocurrencies within different DeFi ecosystems without involving a centralized intermediary. Thus, defeating the very purpose of the technology - peer-to-peer value exchange. But there may be a solution to this. Cross-chain interoperability permits blockchains to communicate with one another, bestowing them with the capability to exchange data and value across each other. Thereby enabling different chains to trade each other’s efficiencies, decentralization, features, and security protocols. By facilitating communication and data transfer among chains, interoperability seeks to address the limitations of a single siloed blockchain. Users would be able to send data and value to any blockchain or decentralized application (dApp) of their choice, without having to go through a centralized entity. Further, new developments like interchain security are only going to complement interoperability and provide the much-needed trust to users while participating in different ecosystems. How does Konstellation Incorporate Cross-Chain Interoperability? Konstellation Network is a layer-1 blockchain. It is built on the Cosmos ecosystem that enables the creation of custom, secure, scalable, and interoperable blockchains through Inter-Blockchain Communication (IBC) protocol. The layer-1 solution is also connected to Solana and Binance Smart Chain, with more integrations coming soon. The project aims at developing several dApps across DeFi, CeFi, NFT, and DAO domains with the help of the IBC relayer, an off-chain process that relays messages between any two chains. Powered by DARC, the project aspires to create a global infrastructure for the future of decentralized capital markets. One where global investors can universally access innovative and profitable products at low costs and high speeds. It offers cross-chain capital markets solutions, highly composable and interoperable DeFi, and optimal connectivity between capital and returns. With this, the network is set to seamlessly bridge capital and returns and remove the inefficiencies of TradFi. Future of Cross-Chain Interoperability With the growth of the DeFi ecosystem and an increasing number of projects being launched on different blockchains, it is only a matter of time before interoperability becomes the norm. The Cosmos SDK, used by Konstellation, is already used by more than 250 other projects. The IBC protocol is also gaining popularity with other major players in the space like Polkadot, Ethereum, and Tron working on their versions of interoperability solutions. In the coming years, we are likely to see an increase in the number of projects implementing cross-chain solutions and a growing acceptance of interoperability as a means to achieve true decentralization. Konstellation is at the forefront of this change, working towards a future where different blockchains can seamlessly communicate with each other and exchange value without any central intermediary. So, what does the future hold for blockchain? An increasing number of crossovers between chains, dApps, and users - all striving to achieve the same goal: A decentralized future. ✨KONSTELLATION Network is a blockchain protocol, built on Cosmos Network SDK, creating a global infrastructure for the future of the decentralized capital markets. To keep up with Konstellation, follow us on: Twitter | Facebook | LinkedIn | Telegram| Medium | Official Website 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.
33 days agocointelegraph
NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3
NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboard and empower users with digital self-sovereignty
38 days agocryptodaily
EV3 is bullish IoTeX will return data control, benefits to people
The California-based venture capital firm invested in MachineFi Lab, IoTeX’s core developer, because of its potential to unlock data value for users in ways never before seen For several years now, experts around the globe have agreed that data has become the most valuable commodity worldwide. In 2017, The Economist wrote that "the world's most valuable resource is no longer oil, but data." The article also stated that "such dominance has prompted calls for the tech giants to be broken up, as Standard Oil was in the early 20th century." Reea Global agreed with The Economist. It wrote, "it is official —data is now the most valuable asset in the world, ahead of oil," and added that "97% of businesses use data to power their business opportunities, and for 76% of businesses, it serves as an integral part of forming a business strategy." And Mahesh Ramakrisnan, Escape Velocity Ventures Co-Founder, recently wrote an Op-Ed on IBTimes saying that, “giving people the ability to monetize their own data could drive the most significant social transformation since the New Deal, as crypto-economic platforms allow people to unlock hundreds of billions of dollars by enriching their own data with context.” IDC predicts the data universe will total 175 zettabytes or 1 trillion gigabytes. If you were to download this data to your computer, it would take 1.8 billion years to happen, TechCrunch said. It also said it agrees that it is the world's most valuable resource but also the most vulnerable. The convergence of the Internet of Things (IoT) and blockchain will significantly reduce the possibility of a data breach, hack, or attack, said The Digital Speaker. However, more importantly, IoTeX's blockchain technology is built to give back to users control over their data so they can benefit with rewards, revenue, and profit. Universal income worth $10,000 per person "You (IoTeX) are going to unlock data in a way the world has never seen before," Mahesh Ramakrishnan said. His firm is a thesis-driven venture capital firm focused on early-stage decentralized networks. EVV is one of the several investment firms participating in the $10 million MachineFi Lab seed round. Ramakrishnan explained that if you analyze the earning potential IoTeX's MachineFi technology is unleashing for users and put it into perspective with the trillions of dollars that Google and Facebook have generated, the benefits for the genuine owners of data are significant. "(In the US) There's $600 billion of advertising-related value from Google and Facebook alone," he indicated. "There are 300 million Americans. Each American is creating $2,000 of data value themselves." With MachineFi, that data value could increase five-fold, Ramakrishnan noted. "That's $10,000 of value that each person is creating. You could start creating universal basic incomes based on people's data," he said.l "You could really start reshaping social safety nets. Data is money. Data is information. Information is money." He reiterated: "We really see IoTeX enabling this massive unlock in partnership with MachineFi (Lab) to monetize this data at a never-before-seen scale. And we think that monetization is simply going to drive a huge amount of productivity and value that did not exist before." Helping achieve mass adoption Currently, there are nearly 20 billion IoT-connected devices and machines. That number could reach 60 billion by 2025 and 125 billion by 2030. Billions of people own smartphones and other intelligent gadgets and vehicles that at present are centralized, so off of the blockchain and not in crypto. IoTeX Head of Business Development Larry Pang told Ramakrishnan that his team views machines and devices as becoming the most significant users of blockchain. And their owners, the users, will benefit from the intelligent device and machine connectivity. "This is what will help reach a more critical mass, not just the investor base. This is really going to bring the next big wave of people into crypto," Pang said. There is an increasing understanding among people of the need to own their data, and control their smart devices and machines. This is now possible thanks to MachineFi. Ramakrishnan said, "I totally agree," and added: "That is what MachineFi can do by empowering people, not by doing anything other than just living their daily lives and carrying a bit of technology with them, creating more value for themselves." Coincidentally, Draper Dragon Senior Associate Kavan Canekeratne said that bringing in the next significant wave of people into web3 is precisely what his company seeks, which is why they invested in MachineFi Lab. "What we look for are companies that will help bring the next wave of people into the crypto economy," said Canekeratne. "And what I mean by that is that (web3) right now it's been built by developers for developers. So, how do we make it an ecosystem that's usable by everybody? And I think those will be the next great companies." Data in the right hands: the user It is crucial to understand that Escape Velocity's objective is to get involved with companies with a future-thinking approach to building the technology to enable connectivity for billions of devices. "We at Escape Velocity were trying to figure out how you could bring to blockchain the longer tail of devices that exist in the world and how you could start to get them earning," Ramakrishnan reiterated. "We were fortunate to come across IoTeX a couple of years ago." Ramakrishnan and his team see immense value in the democratization of data. They see it that way because when users control their data, they can share it where it has more value—in other words, returning data ownership to their rightful owners. "It is very clear to us that data that is in someone's hands, which are the right hands, is far more valuable," he said. He explained that MachineFi Lab has built a platform to put data in the hands of the right people. This is very valuable because now people can share their data with people who value that data more highly. "For example, if my allergist has access to my allergy data, then it's a hundred times more valuable to him than if my auto repair guy owns my allergy data," he said, highlighting that this is why he and his firm are so bullish on MachineFi. MachineFi is about to explode in unprecedented ways with the upcoming release of W3bstream, which enables developers to build an infinite variety of machine financialization use cases that will decentralize a machine-sharing economy worth up to $12.6 trillion by 2030. Soon, users worldwide will earn from their own data, which is estimated to be worth $3,000 per person yearly. 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.
48 days agocoindesk
HUSD Stablecoin Returns to $1 Peg After Liquidity Problems
The HUSD stablecoin, which is issued by Stable Universal, has returned to its $1 peg after suffering "liquidity problems" in relation to a closed market maker account.
49 days agocoindesk
Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92
The token issued by Stable Universal has dropped to 8% below its $1 peg.
83 days agocryptopotato
Flare’s Network Goes Live and Ready for Builders, Developer Adoption Program Coming in August
[PRESS RELEASE – Dubai, UAE, 14th July 2022] Genesis has occurred for Flare Network, the blockchain built for universal connectivity with other blockchains and real-world data sources. Flare is a powerful new blockchain with the first new consensus protocol for external data. Decentralized applications on Flare can safely and trustlessly acquire and use information from […]
106 days agocryptopotato
Crypto Firm MoonPay Partners With Fox, Universal Pictures to Introduce NFT Platform
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106 days agocointelegraph
Uniswap acquires NFT marketplace aggregator Genie to further ‘universal ownership’ goals
Decentralized exchange Uniswap to add additional NFT functionality to its platform following the acquisition.
107 days agocryptopotato
ADI Whitelist: A Universal Identity Layer by Accumulate
[PRESS RELEASE – Miami, USA / FL, 20th June 2022] Accumulate is announcing a whitelist for 10,000 Web3 enthusiasts to join in order to gain early access to claim a unique Accumulate Digital Identifier or ADI, which users will be able to use once the Accumulate Mainnet launches. What are ADIs ADIs refer to a […]
108 days agocointelegraph
What Ethereum use case can make ETH a $500B market cap asset: Community answers
From a universal trustless authentication to decentralized autonomous organizations, Redditors discussed what use cases can drive Ether’s value up.
133 days agocryptopotato
Coinbase Announced International Expansion of Travel Rule Universal Solution Technology
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135 days agozycrypto
World’s Biggest Music Label Group Doubles Down On NFT For Musicians
The world’s biggest music label in the world, Universal Music Group has entered into a deal with music digital collectibles marketplace and NFT licensing platform LimeWire, to help artists promote their music using NFTs. Following the deal, artists under the music label group can sell audio and audiovisual content, artwork, bonus tracks, backstage footage, images, […]
141 day agocointelegraph
Nifty News: Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal and more
Robinhood’s wallet will be non-custodial and multi-chain, allowing for the storage of NFTs along with the ability to connect to NFT marketplaces.

About Universa

The live price of Universa (UTNP) today is ? USD, and with the current circulating supply of Universa at 3,161,906,038 UTNP, its market capitalization stands at ? USD. In the last 24 hours UTNP price has moved -0.000686 USD or -0.48% while 5.4998 USD worth of UTNP has been traded on various exchanges. The current valuation of UTNP puts it at #0 in cryptocurrency rankings based on market capitalization.

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

Universa Price? USD
Market Rank#0
Market Cap? USD
24h Volume? USD
Circulating Supply3,161,906,038 UTNP
Max SupplyNo Data
Yesterday's Market Cap2,327,390 USD
Yesterday's Open / Close0.001423 USD / 0.000737 USD
Yesterday's High / Low0.004305 USD / 0.000734 USD
Yesterday's Change
-0.48% ( 0.000686 USD )
Yesterday's Volume5.4998 USD
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