May 24, 2021 – Lendefi Finance (“Lendefi”) is pleased to announce it will be joining the Reef Finance, (“Reef”) ecosystem to facilitate the operation and growth of its lending protocol.

As an early adopter of Reef, Lendefi believes the decentralized nature of the Reef Chain will provide an ideal platform from which to achieve its protocol development and deployment goals.

Reef is one of the most exciting projects within the DeFi environment. The recent deployment of their Reef Chain Testnet 1 as a Polkadot substrate, demonstrates Reef’s ability to rapidly deliver its decentralized network to the marketplace. Reef’s vision for decentralization is set to shape the way DeFi technologies are implemented.

Lendefi’s strategic partnership with Reef will strengthen its ability to meet their development and deployment objectives. These include the governance launch, broader interoperability and scalability of the protocol. Due to the aligned DeFi vision and development roadmaps between Lendefi and Reef, onboarding Lendefi’s protocol to the Reef Chain represents a symbiotic engagement.

In conjunction with the Reef Chain Developer Support Program, Lendefi will leverage Reef’s advisory on technical support, partnerships and marketing channels. Lendefi intends to deploy its DAO onto the Reef Chain and will utilize support from Reef to achieve this vision.

Value proposition of the Lendefi-Reef relationship

The operation of Lendefi’s protocol on the Reef Chain demonstrates an alignment of development goals within the DeFi environment. Reef’s vision for a decentralized network based upon independent nodes, mirrors Lendefi’s vision for a lending system based on a DAO principle. As both projects grow towards greater decentralization, they are building the foundations for the future of DeFi.

The operation of Lendefi’s lending protocol on Reef Chain will feature:

A lending pool operating on the Reef Chain.

A bridge to facilitate the conversion of ERC-20 and BEP-20 tokens to REEF-20.

An interoperable smart DAO.

In line with their agile development roadmap Lendefi’s protocol will soon achieve their Mainnet deployment milestone. The development of both projects is in alignment with Reef’s aim to deploy DeFi primitives within their ecosystem in the coming months.

“Reef’s chain will provide the true decentralization the Lendefi protocol needs to execute our DAO vision. An alignment of visions provides the foundation for a symbiotic relationship between our technologies.” – Scott Schulz, Lendefi CEO

“Lendefi’s innovative protocol is the first of its kind to deliver undercollateralized loans for digital assets. The potential for growth in this market is significant and we are happy to have Lendefi onboard Reef Chain”  – Denko Mancheski, Reef CEO

Lendefi intends to commence work on the Reef chain and is looking for development talent to join us. If you’re a full stack developer with experience in blockchain apply here.

About Lendefi Finance

Lendefi is an innovative new protocol that facilitates leveraged trading through undercollateralized secured loans for digital assets. The Lendefi protocol enables the creation of leveraged investment positions within the DeFi environment. A trustless relationship between lender and borrower is delivered which is managed through the protocol, to remove counterparty risk.

Learn about Lendefi’s recent official news.

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About Reef Finance

Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions. Reef Chain supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Reef Finance’s vision is to make it easy to invest in DeFi and to build DeFi applications on top of Reef Chain. 

Learn about Reef’s recent official news:

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“I generally find it hard to understand the blockchain concept. Not that I don’t know what it is but putting everything together and ending up with a decentralized ledger seems quite challenging. You have to understand a lot of concepts and this just gets you into more confusion”. Well, those were the sentiments of a random Reddit user on blockchain technology two years ago.

Sentiments such as these come as no surprise. The blockchain council also admits that it takes hard work to learn blockchain technology. Blockchain technology is the invisible and world-changing innovation that formed the basis for decentralized finance and decentralized applications. Now, more than ever, it is crucial to understand it. To succeed, the blockchain industry needs the equivalent of the Library of Alexandria, and this is exactly what Shrimpy offers to the world.

Shrimpy Academy

Shrimpy Academy is an educational platform from Shrimpy that collects pure educational materials on cryptocurrencies and blockchain technology from across the internet and presents them in a seamless, intuitive, and understandable format.

Why did Shrimpy create the Academy? Because they realized that the content found within the industry offers (most of the time) subjective, deceptive, or poorly organized content. The situation makes it difficult for users to comprehend the inner workings of blockchain technology.

Shrimpy Academy thus acts as a special portal that helps users to jumpstart their decentralized education by overcoming the previously described issues.

In a nutshell, Shrimpy Academy is a free educational resource platform providing blockchain and cryptocurrency users with high-quality content about this disruptive innovation.

Who Does Shrimpy Academy Target?

The team behind Shrimpy Academy perceives blockchain technology as a disruptive innovation to industries across the world and the minds of those who come across it. The technology is filled with strange concepts that are difficult to understand even for advanced users. It is perceived as a mysterious technology that is not meant for the average person; however, Shrimpy Academy aims to change that.

Whether you have just heard about blockchain and cryptocurrencies or have been part of the industry for some time, Shrimpy Academy is here for you. It is an intuitive platform for crypto enthusiasts at all levels and is here to make a difference in their crypto journey.

How Shrimpy Makes Crypto Fundamentals More Understandable

Shrimpy Academy is built on the acknowledgment that cryptocurrency concepts have different levels of complexity. Users need a structured information layout that makes it possible for them to navigate from one level to another. As a result, the Shrimpy website divides content based on difficulty levels, with beginner, intermediate, and expert level content.

Beginners can start their path by exploring basic concepts. The beginner’s guide section contains all the basics and comprehensive explanations about blockchain technology, cryptocurrencies, trading, and investing.

The website also provides categories of specific sectors in the crypto space so that users can venture directly into their areas of interest. Some of the categories available include Bitcoin and Blockchain, Altcoins, Ethereum, DeFi, Exchanges, and Trading.

Shrimpy Academy’s Unique Programs

Shrimpy Academy is committed to its mission of helping people grow as much as possible in the competitive market. Its resources even include special programs to provide users with objective insights about the blockchain and cryptocurrency space.

Lesson-Based Content

The platform plans to make learning much more manageable by further providing users with lesson-based content. The approach mimics the traditional learning method, where huge chunks of content are reduced into sizable, more relevant, and enjoyable content pieces.

Mastering Decentralized Finance (Mastering DeFi)

Shrimpy has launched its free educational platform with a comprehensive amalgamation of resources relating to the innovative new sector of decentralized finance.

Mastering DeFi is a free ebook that Shrimpy has shared to celebrate the launch of Shrimpy Academy. The 28-page handbook aims to acquaint readers with decentralized finance, which may as well be the next revolutionary wave in the blockchain industry.

The ebook assists readers with understanding the technology behind decentralized finance, decentralized exchanges, governance, lending, flash loans, yield farming, and every other major DeFi product.

After completing Mastering DeFi, readers reach the same level as advanced DeFi veterans. Interested users can find the ebook at academy.shrimpy.io.

Conclusion

From its inception in 2018, Shrimpy has been monumental to cryptocurrency investors. The platform has been providing crypto enthusiasts with portfolio management solutions in its bid to help them thrive. Fast forward to 2021, and Shrimpy is improving its support system for the crypto community by onboarding newcomers via a completely new educational platform.

The cryptocurrency community comprises investors at different levels and with distinct levels of understanding of the industry. Portfolio management solutions support more of the advanced investors and some intermediate users. Shrimpy is now creating a system that will cater to all, including beginners in the blockchain and cryptocurrency space.

The Shrimpy Academy onboards beginners into the sector and helps them grow and understand the disruptive market. Once the beginners understand the basics, they can move to the intermediate stage and dive deeper into investing and trading and other technical aspects of blockchain and cryptocurrencies. Eventually, they become veterans and have the opportunity to give back to the industry by utilizing their newly gained knowledge.

‘Not your keys, not your coins.’ If you have been an adept follower of the crypto space, you probably know what I mean. Since the inception of the first coin, Bitcoin, the decentralized nature of cryptocurrencies has been a nightmare for many governments across the globe. Governments were not ready to lose their monetary policy powers.

On the contrary, crypto exchanges have for many years been centralized, and that’s where the opening statement comes in. Centralized exchanges deny crypto holders their custodial powers as the true owners of the assets. In essence, they bring about governments and third parties control of fiat currencies. Luckily, decentralized exchanges have come to their rescue.

What are Decentralized Exchanges?

Decentralized exchanges, commonly dubbed as DEXes, are autonomous applications that give cryptocurrency holders the power to transact with their assets without giving up their control to third parties. They treat investors as the sole owners and operators of their crypto assets.

The platforms function through a smart contract system known as an Automated Market Maker (AMM). The AMM utilizes the liquidity provided by traders known as liquidity providers and the existing liquidity from the platform’s reserves.

Decentralized exchanges have the upsides of unlimited accessibility of assets, security, full custodianship of coins, and decentralization, minimizing the chances of manipulation.

Although decentralized platforms entered the crypto space recently, the market is fast evolving, and there are many decentralized platforms already. Here is our list of the top fully decentralized crypto platforms.

PancakeSwap

Based on Binance Smart Chain (BSC), PancakeSwap is the newest talk of the internet in the decentralized exchange sector. The platform mimics Ethereum’s ERC-20 tokens, which are usually based on Ethereum’s blockchain. However, the unique aspect of the new food-themed platform is that it utilizes Binance’s BEP-20 tokens. It is the Binance ecosystem’s first AMM and, at the same time, the first rival for the long-standing Ethereum ERC-20 tokens.

The platform provides cheaper and faster transactions which complete within 5 seconds. Token swap fees are usually 0.2%, 0.17% of which gets distributed among the liquidity providers. The remaining percentage gets burned to maintain the platform. It is one of the leading decentralized platforms to transact with privacy and safety if you want to evade the high gas fees associated with Ethereum’s DEXes. As of this writing, PancakeSwap’s DEX has a trading volume of $491,129,384, according to coin market cap statistics.

UniSwap

UniSwap is a decentralized exchange platform developed in 2018 on Ethereum’s blockchain and ERC-20 tokens. It is designed to function as a community tool, where anyone can use it to swap tokens. A user can add any token on UniSwap by simply funding it using an equivalent amount of Ethereum and the ERC-20 token to trade.

Liquidity providers on UniSwap receive liquidity pool tokens whenever they add Ethereum and ERC tokens to the pool. The platform’s trading fee is usually 0.3% and is automatically sent to a reserve. Whenever liquidity providers want to leave, they get a portion of the fees based on their contribution. The platform recently introduced a protocol fee that sends 0.05% of every 0.3% fee to a special UniSwap fund meant for financing future platform developments. However, the protocol can be turned on or off through community votes.

At the time of this writing, Uniswap’s DEX has a trading volume of $2.4 B, according to coinmarketcap.com.

SushiSwap

SushiSwap is another decentralized exchange platform based on Ethereum’s blockchain. It seeks to provide users with incentives via liquidity pools while providing a platform for crypto tokens swapping. Liquidity providers add a token to the pools by linking their ETH wallets to the platform’s farming software and lock a pair into a smart contract.

For instance, a liquidity provider can provide a pair like USDT/ETH, which carries equal values of both assets. Buyers can then swap tokens in the pool, and the smart contract will take a similar amount from the buyer and send it back. Liquidity providers earn the fees for providing liquidity, plus a portion of the platform’s native token SUSHI that is mined daily.

SushiSwap is the main competitor to UniSwap on Ethereum’s blockchain. Currently, the SushiSwap has a trading volume of $2.3B

Etheros

Etheros is a decentralized platform based on the Ethereum blockchain. It presents the world in 2D and 3D architecture as a social application platform where users can play, own, or use anything or any place based on their imagination and create value to derive profits. In essence, the platform creates virtual reality based on several programming technologies with the fundamentals of decentralization, efficiency, simplicity, and security.

Users can create their virtual world on the platform, starting with as low as one dollar and ultimately build their world. Ethereum blockchain’s smart contracts guarantee asset security, and they are not possible to cancel once initiated.

Additionally, they can earn passive income through owning spaces with valuable resources needed by the creators of goods and services in the virtual world. You can become the largest supplier of the resources and at the same time remain anonymous. There are other exclusive spaces where people can invest, sell, or HODL, and one can choose a successor of their assets at any time.

The platform’s native token is ETS, whose public token distribution will start on May 14, 14:00 CET, until May 31, 14:00 CET (sold via smart contract and via Coinbase). The opening price will be $1.00, targeting 30 million tokens. The token will be available on the centralised exchange P2PB2B.io. from 1 June. After the completion of the IEO Phase on this exchange lasting 14 days, regular sales will be launched in the most well-known currency pairs. Then, around 22 June, the ETS token will be listed on decentralised exchanges: i.e. Uniswap, MesaDEX and Pancakeswap thanks to the launch of the ETS token on the Binance blockchain (latest news).

AirSwap

AirSwap is a decentralized platform developed in 2017 on Swap Protocol. It runs on the Ethereum blockchain and allows users to trade two tokenized pairs on Ethereum’s ecosystem. Every trade happens between the maker and the taker. Makers stake their AirSwap tokens to provide liquidity and signal takers of their intention to trade. Traders can add liquidity and remove it as well.

There are no fees on AirSwap, other than the ETH gas fees usually paid when settling trades on Ethereum.

Bancor

Bancor is a decentralized exchange protocol built on Ethereum’s blockchain for creating smart tokens. Users can exchange the tokens directly on the platform via smart contracts, and their prices can be determined automatically. The platform’s automated market maker does not follow the 1:1 basis when providing liquidity. For instance, for USDT/ETH, you can deposit either USDT or ETH in the liquidity pool. The platform includes a liquidity protection feature that protects users’ assets when they stake specific assets.

Bancor currently trades at $7.80, according to coinmarketcap. Its 24-hour trading volume stands at $116,078,253.

Conclusion

Decentralized platforms are, in theory, the best platforms that are resonating with the truly decentralized nature of cryptocurrencies. They restore asset holders’ custodial and operational rights and unlock opportunities for investors to earn more from their reserves. Decentralized exchanges are the platforms for an ideal world even beyond the crypto space.

However, they still face their share of hurdles, especially since most of them are based on Ethereum’s blockchain. Users have to deal with exceptionally high gas fees, which remains the primary obstacle preventing decentralized platforms from becoming a force to reckon with.

The Yield Optimization Pad (YOP) operates as an all-inclusive DeFi ecosystem. The network combines the most in-demand features from the market to create a unique user experience unlike anything provided by the competition at this time. YOP users enjoy access to a wallet, DEX, marketplace, NFTs, and launchpad aggregator.

The goal behind this next-gen DeFi platform is to simplify on-boarding for new projects and investors. Users gain unfettered access to exclusive and exciting DeFi and NFT projects plus a host of other features to help you improve your ROIs. According to developers, YOP is the first IDO (Initial DeFi Offering) platform to enter service. As such, users gain access to all the leading launchpads.

From the YOP interface, users can scan through project reviews, reports, data, and scheduling information. This approach provides easy access to all vital developments in the market. You won’t miss a beat when you use YOP to stay on top of the DeFi sector. The platform also leverages some automation to help free up your time. In this way, YOP seeks to allow anyone to participate in the network and secure returns.

Entry Point for New Projects

New projects can leverage the firm’s IDO as well. The protocol provides a single location for these projects to gain momentum and liquidity by directly exposing them to new participants and investors. Notably, you can scroll through the top launch platforms and access IDO smart contracts from the interface directly. In this way, YOP streamlines investor onboarding across the sector.

YOP was built with security in mind. The platform provides much-needed transparency and clarity to new and experienced investors via its easy-to-navigate interface. This portal provides custody, insights, and custom parameters at a glance. You can easily access impartial reports, automation, project data, and schedule without the need to shift through multiple platforms.

Security is Paramount

YOP has shown its commitment to user safety in various ways. For one, the network is completely decentralized and non-custodial. You never have to send your tokens to the platform to participate in its staking features. You can stake directly from your YOP wallet. Additionally, the network recently locked USD 26,000,000 of tokens and liquidity via TrustSwap.

YOP Tech

YOP can offer such a wide range of features due to its technical characteristics. Notably, the platform features a dual blockchain structure that leverages both Ethereum and Polkadot's ecosystems to create a yield-centric approach to DeFi. This strategy also provides users with more access in the market. YOP users can trade rare and exclusive NFTs and tokens not found on the competition.

The YOP Network

YOP has five components that work together to create a unique DeFi experience for users. The network relies on a staking mechanism to provide users with passive income-earning opportunities. The rewards from these ventures are paid out in YOP NFTs. Notably, the YOP Vault offers 133% APY on all staked coins. This ROI is one of the highest available to users today.

SWAP DEX

Another advantage for YOP users is the DEX. The network operates a peer-to-peer trading protocol that allows you to effortlessly locate and procure the most popular coins in the DeFi sector. You can also collect and trade NFTs using the network. NFTs are one of the fastest-growing sectors in the blockchain market at this time. Some of these unique digital assets have sold for over $6 million this year. For those interested in seeing some of the YOP NFT's values, the MEME Platform concisely lists this data.

YOP – Top Features Combine to Bring You More Opportunity

For those seeking a more inclusive DeFi ecosystem, YOP may be the answer. The network has embraced the most popular features available to users today and combined them into a simple interactive interface. The addition of NFT support and an IDO places the platform far ahead of many of its competitors in terms of functionality. For these reasons, YOP continues to gain traction in the market as new users take notice. YOP is officially listed on Uniswap, Gate.io, Kucoin.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site.

Bitrue exchange has announced the launch of a new BTR-BUSD liquidity farm that expands its native BTR token deeper into the PancakeSwap ecosystem.

The BTR-BUSD pair on PancakeSwap has now been added to PancakeSwap’s exclusive farming program, enabling any LP token holder to stake their holdings and generate CAKE for themselves.

Crypto lovers will also finally have an additional easy way to take part in CAKE farming via the Bitrue DeFi service over the next 7 days. They can stake BTR and USDT and earn CAKE with up to 120% APR available, starting May 19th at 10:00 UTC.

Bitrue additionally unveiled a Syrup Pool that facilitates CAKE holders to stake their holdings and earn BTR on PancakeSwap, the leading DEX on Binance Smart Chain.

PancakeSwap shared in a post that they intend to give CAKE holders an opportunity to earn a high APY via the new Syrup Pool from Bitrue. The DEX will provide a BTR-BUSD farm to facilitate the hosting of the BTR Syrup Pool. Yield farming is enabled for users who add liquidity to the BTR-BUSD pair.

This new farm will offer a staking limit of 100 CAKE per user with 2x CAKE rewards for the first 48 hours, followed by 1x CAKE rewards after that.

Following the announcement, the BTR price rallied over 40% in 24 hours as crypto enthusiasts looked to join the yield farming platform.

CAKE holders stand to earn a total of 2.5M BTR tokens over a 60 day period. The Syrup Pool kicked off at 5 am UTC on May 18 and is scheduled to conclude at approximately 5 am UTC on July 17.

Bitrue Sees a Massive Increase in Registered Users

Bitrue is building a diversified exchange that incorporates several services into a centralized platform, including trading, DeFi, investments, and more. The fast-growing exchange which first made a name for itself as a leading XRP trading platform has benefitted massively from surging XRP in recent weeks.

On April 17, Bitrue announced that it had exceeded 4 million registered users as XRP traded to multi-year highs at the exchange. Trading activity on Bitrue also shot up 400% amid the XRP bull run that was sparked by a better-than-expected outlook for Ripple Labs in its lawsuit with the SEC.

Since then, Bitrue Coin (BTR), which has a market cap of over $40 million as per data from CoinMarketCap, has continued to see staggering adoption. The number of assets belonging to users on Bitrue has also surpassed the $2 billion mark.

This remarkable growth is partly attributable to the exchange’s decision not to delist XRP following the SEC’s legal action against Ripple at the end of 2020.

Bitrue Exec Says Crypto Will Go Mainstream in 2021

Adam O’Neill, Chief Marketing Officer at Bitrue, sees the explosion in trading volumes on his platform as a bullish sign for the nascent crypto sector.

We’ve seen a phenomenal 400% increase in trading volume, which to us is a strong sign that 2021 is going to be the year that cryptocurrencies truly go mainstream, he commented.

Bitrue remains focused on leveraging the blockchain to bring financial opportunities to everyone regardless of their financial position or location.

BTR powers the crypto investment platform’s full suite of services. The native token can also be used to lower trading fees, boost interest rates, and access the exchange’s full range of DeFi opportunities.

DNFT protocol is a top functional platform designed to provide solutions to the crypto world, specifically gaming and NFT. NFT is currently in high demand; therefore, DNFT aims to increase the decentralization of NFT services.

Accordingly, DNFT will help support other NFT projects by providing multiple solutions for building, borrowing, trading, and gaming in the NFT ecosystem. DNFT protocol is the 9th Web3.0 Foundation grant project, BSC official grant project, and got prizes in several hackathons.

This platform helps track different NFT applications, manage NFT data, NFT assets, play NFT related games, and watch other classes of blockchain NFT assets. Primarily, NFT is the core service provided, but gaming is an additional service.

The Technology Behind DNFT

The DNFT network is based on the Polkadot network. Currently, many upcoming platforms are leveraging the smart contract powers of Ethereum, and the network is losing its scalability. The gas charges in the Ethereum network are not at all friendly since they have surged with over 1600% from last year.

To ensure the users of the DNFT network do not suffer slow transactions and high fees, DNFT decided to use Polkadot. As a smart contract platform alternative, Polkadot is highly scalable and offers services at very affordable fees. Therefore DNFT users will enjoy favorable fees, speedy transactions, and reliability.

The platform's architecture is also state of the art, leveraging the Data NFT, Dataswap, DAO Governance, AI Kit, and Data storage with tax.

Moreover, this platform's developers leverage the substrate blockchain creation tool to ensure that DNFT will have the best functions. By leveraging Substrate, everything in the project's creation will be at exemplary standards.

The DNF Token and Its Benefits

The DNFT platform institutes its native token DNF, which comes with dual characteristics. Foremost, there is a DNF ERC-20 token and DNF mainnet currency based on the Polkadot network. The mainnet currency helps run the DNFT ecosystem and will be available once DNFT launches the mainnet.

Accordingly, these tokens will be possible to exchange once the DNFT bridge goes live, and users can exchange them on a 1:1 ratio. This cross-chain mechanism helps bolster the reliability of the DNFT network.

Moreover, DNFT users can make exchanges within the Ethereum and Polkadot networks because of the dual chain system and the bridge provision.

It will be possible for messages to move across parallel chains using the DNFT protocol due to the system architecture. As such, this platform is going to be a vital tool for the NFT and crypto gaming space.

The DNF token will be a deflationary token to ensure the users enjoy the best benefits of using the platform. DNFT will use some amount of its profits to purchase DNF and ultimately burn it to maintain its reliability.

DNFT has a pre-launch on Kusama, which hosts its native KNF token. The holders of the DNF tokens and users of the DNFT network will earn from airdrops in the form of KNF.

DNF holders will also be beneficiaries of any proceeds made on the auction of NFT assets whose taxes have not been paid timely.

By continuously burning the DNF tokens, the platform will reduce the number of tokens in circulation, increase the demand and contribute to an increase in price.

The revenue surplus of the DNF network will be used to create a DNFT treasury fund. The idea is to invest vastly in tokens like DOT, ETH, and BTC to ensure the DNFT network has a secured future in investments.

Why Use the DNFT Network

Safety of your Assets

It's the role of every platform offering financial-related services to utterly protect the assets of its users from any external threats. DNFT as a network is also prioritizing the safety of the users' assets.

Unlike many platforms that concentrate on managing the users' private keys, DNFT will only work on asset protection. Generally, this platform will be working with other Defi and NFT related platforms with highly secure asset protection functions.

All Services on One Dashboard

Since DNFT aims to be an ecosystem for NFT, it will be easy for NFT enthusiasts to access NFT services on one dashboard. Primarily, the dashboard is set up with utter simplicity to ensure that every user will access all services. Even the NFT gaming option is found simply on the platform's dashboard.

Favorable Charges on a Scalable Network

Since DNFT decided to base its operations in Polkadot, the platform users won't suffer from excessive gas charges. Moreover, they will be conducting their businesses on a network with high bandwidth and fast transactions.

Artists Benefit

Artists who chose to use DNFT won't need to spend money searching for buyers of their art. By placing their created art on DFTs NFT trade center, they can access the market.

Final Word

After keenly analyzing the different aspects of the DNFT protocol, it is clear that this is an excellent NFT and crypto gaming ecosystem. This platform is based on the Polkadot ecosystem aiming to provide the best NFT services for its users.

DNFT's native token is called DNF, made as both an ERC-20 token for the Ethereum network and DNF for Mainnet in Polkadot. There are vast benefits of holding the DNF token, including enjoying the properties of a deflationary token.

Moreover, the DNFT network has great gaming options with dice games and many more options. DNFT institutes algorithms to ensure the users' assets remain at top security. This soon-to-launch network is going to help revolutionize NFT.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site.

LCX is a new next-generation cryptocurrency exchange regulated in reputable Liechtenstein in the heart of Europe. This regulated trading platform has been created with some of the best technologies to ensure service delivery in crypto is easy. The ecosystem, which launched in 2018, is rich with services from crypto, Defi, Launchpad, etc.

The primary service provided by this platform is a centralized crypto spot exchange, where you can transact with several assets given in the platform. LCX token is the utility token of the platform and can also be exchanged with different assets, like, BTC, ETH, USDC, LINK, UNI, ENJ, Mana, HOT, INXT, and POLK.

LCX received 8 blockchain-related approvals by the Liechtenstein regulator, more than any other company in the country. The due diligence compliance requirements are at the same standards as a bank or other financial institutions. Liechtenstein is a country next to Switzerland and Austria in the middle of Europe and received a AAA country rating from Standard & Poor’s – the highest rating possible. Being headquartered in Liechtenstein, LCX has direct market access to two markets, Europe (EU and EEA) and Switzerland.

Liechtenstein has introduced the most forward-thinking legal framework for cryptocurrencies and blockchain companies, providing legal clarity and security for LCX’s users.

LCX Exchange recently, on April 21, started a crypto trading competition with attractive rewards.

The LCX Rolex Competition

LCX introduced a new trading competition aiming to give every trader a chance to win. This competition, commonly known as the LCX Rolex Trading competition, provides users with the opportunity to win a Rolex Milgauss and 50,000 LCX Token. You can sign up here.

But why did they choose the Rolex Milgauss? The Milgauss is a legendary watch for scientists with high specifications and a dream for many crypto traders.

The sweepstake starts on April 21, and it’s going for 31 days till May 21 – you can still enter and join the competition until May 1st. To be eligible to win, you only have to reach a daily trading volume of over $1000. The qualifying period is 31 days, but you only must trade the $1K trading volume for at least 20 days. On May 23, the LCX Rolex trading competition winners will be announced.

The first prize winner will choose between receiving the Rolex Milgauss or 100k LCX Token for winners outside of Europe. Additionally, there will be five more winners, each earning 10k LCX; this means the chance of making incomes has opened even wider.

All winners will be contacted by phone or email to confirm the acceptance of the prize.

This competition will help attract thousands of users to the crypto space. It’s the first of many to come, especially for LCX traders. If you are interested in participating in the games and standing chances to win some monetary and gifty rewards, register for LCX services.

LCX Fostering Security, Convenience, and Usability

Generally, since the start of the crypto world, several exchange networks, including Binance, have faced hacking, and regulators have sued to phish, leading to the loss of millions and due to lack of compliance requirements offering of un-registered trading services.

LCX aims to be a next-generation exchange, regulated, a compliant, and most secure crypto exchange. It leverages its own advanced technology and infrastructure to ensure that security remains a priority

Moreover, this platform encourages transparency for even more security. For instance, it adheres to the AML/KYC regulations; thus, it will be easy to monitor or flag any insecure or illegal transactions.

Its convenience is seen from how well structured the UI is. Even a beginner trader can easily use the different services in the LCX platform. Additionally, this platform values the customers and has a 24/7 customer support desk.

The Art.army network is a recently launched NFT marketplace based on the Binance smart-chain (BSC) to provide ample opportunities for artists. Generally, the platform has vast services for collectors, investors, art fans, and gallerists.

Art.army's decision to use the Binance smart-chain as the hub was due to the increasing issues in the Ethereum network. Ethereum, which has served for several years as a smart-contract platform, is facing severe scalability issues. Moreover, the gas prices have in the past months been surging.

However, the BSC option offers scalability and lower fees. Therefore, Art.army users will pay favourable fees to the BSC and enjoy superfast and reliable services. At Art.army, artists, gallerists, and collectors will freely interact by leveraging the Art.army marketplace.

The Auction and Marketplace Feature

Art.army is implanting a new NFT marketplace to help auction and sell the NFT created within the platform. All artists can be part of this great marketplace by filling in the necessary application.

Social media channels are giving more information on how to apply to be a marketplace participant. Moreover, a team of experts will contact the chosen candidates.

The chosen artists will have the freedom of mining NFT tokens, be it videos, audio, and images. All mined NFTs are auctioned at the best price possible as decided by the artist.

Once an auction is live, the bidding process for owning the NFT will commence. Accordingly, the users will bid as from the last highest bid, and each bid will carry a fee of $0.2. The highest bid after the auction ends will win the bid.

Generally, this marketplace will allow artists to display different qualities and formats of their works including, 3D and 2D versions. By providing options to users, the Art.army platform eases the creation and selling of Art.

Since Art.army is based on the Binance smart-chain, participants in the marketplace will pay the network fees. Artists and content creators are part participants in a new business model that helps them market their work.

Currently, many valuable items gain value because of their long-term reputation. For instance, an item like gold has gained its value, not because of its significance but because of reputation.

The idea of society valuing products and services based on reputation is also common in Art. For instance, Art that comes from reputable people always gets a high value. However, Art.army is redefining the art valuation.

Art.army will not base the value of the artwork on reputation. Instead, Art will be owned and sold to persons who truly see their value. The artists in the Art.army network will gain full recognition for their work.

Art.army: For Artists and Fans

Art.army will offer educational opportunities to help market the NFT and blockchain world. This platform will help educate users by providing crypto-related content and personalized tutorials for the artists using the platform.

Accordingly, Art.army will allow the average user to learn more about the artists in the network. Art.army will provide more information about the artist, including reviews, bio, interviews, etc. Therefore this platform will help at marketing both the artwork and the artists behind it.

Art.army Token

Art.army has its native token ART that helps in powering up the entire platform. This BSC-based token will provide users with multiple utilities, including the platform's governance. The token holders can vote on any proposals given for the network.

The total supply of the ART token is 100 thousand, and the platform has already burned 58 thousand ARTs tokens. The current circulating supply of the ARTs token is 42 thousand.

Art.army NFT network has two wallets. It has a deployer wallet used to provide liquidity in decentralized exchanges. The second wallet option is the burning wallet, which has 2 thousand ARTs put aside for burning. Accordingly, 8 thousand ARTs are going to be used for the team and marketing.

The old holders of the ART token will have more privileges than the new holders since they will attend the opening of the Art.army marketplace. Persons holding more than 200 ART when the platform launches are entitled to receive NFT tokens freely.

But where can a user purchase the ART token? Currently, the tokens are sold on the BSC-based PancakeSwap Dex, which offers vast opportunities for exchanging tokens. You can visit the page and enjoy the rewards.

Disclaimer: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

The crypto space is slowly proving to be not just volatile. It’s time we opened our eyes to the dynamism. After just a few months of skyrocketing Ethereum gas fees, a new token is here to help users take advantage of the high transaction cost.

The average transaction cost on Ethereum’s blockchain is currently $68.86, and an Ethereum block can fit up to 70 transactions. Low Orbit Crypto Cannon protocol plans to give you the transaction fees of a whole 138 ETH blocks.

It is a project from five cryptocurrency veterans, including a graphic designer, a dApp developer, a marketing specialist, and two blockchain engineers.

What is Low Orbit Crypto Cannon (LOCC)?

Low Orbit Crypto Cannon is a new deflationary crypto-token built on Ethereum’s blockchain. It is an ERC-20 token made and owned by the community. The protocol was launched on May 12 at 18:00 UTC with a total supply of 1000 of its LOCC token. The softcap was reached in just 30 seconds while the hardcap two hours after. The circulating supply will be 800 LOCC tokens as 5% will get burned and another 5% sent to propulsion. The protocol limits token burning to 500 LOCC to prevent the supply from possibly going to zero.

The LOCC token is divisible, so users do not have to worry about the supply. Initial liquidity will be available on Unicrypt, but participants will need to have a web-based 3.0 wallet and use Ether to participate. 60% of the initial liquidity will be locked on Uniswap liquidity for one year to guarantee the security of investors.

How Does One Get the Fees?

It will become inarguably one of the most interesting features of the new protocol. LOCC is ruled by a simple but powerful and efficient Ethereum’s smart contract. Trades will happen on Low Orbit Propulsor Contract that will collect fees every time a LOCC token transaction occurs. The fees get partially burned, and a staking Astronaut is chosen for propulsion after every 138 blocks. It’s out of sheer luck, and the lucky Astronaut gets the entire fee.

The gas price for the LOCC token transfer will be 54899 GAS and 144662 GAS and 67930 GAS for Low Orbit Propulsor Contract deposit and withdrawal respectively. Users only need to go to the staking page and stake 0.075 LOCC tokens at minimum to participate in the propulsion wave.

Low Orbit Crypto Cannon Program

According to Low Orbit Crypto Cannon’s official website, the team has designed a roadmap that will end in the first quarter of 2022 after achieving LOCC presence in the entire solar system. Everything starts in the second quarter of 2021 with:

Release of LOCC protocol’s coded contracts on Github

LOCC token and Low Orbit Propulsor Contract audits
Deployment of the LOCC token on Ethereum’s network as an ERC-20 token
Deployment of the Low Orbit Propulsor Contract to start collecting fees on LOCC token transaction

Listing the token on various centralized exchanges

The third quarter of 2021 will be all about Cannon preparation and will feature:

The integration of a mobile phone application to allow LOCC token users to follow up on their LOCC token propulsion and information
Coding and deploying LOCC dApp for monitoring the fees collected, burning states, and the deflationary supply system
A DAO platform to aid in the governance and community-driven decision making for the evolution of the Low Orbit Protocol

Launch of more initiatives to help propel more token holders to the solar system

The last quarter of 2021 is set to be about firing up the protocol to the Milky Way. It will involve:

Making follow-ups on community suggestions to adapt developments and incentives of Low Orbit Crypto Cannon Protocol
Making applications to major exchanges for greater exposure
The deployment of a custom farming program for more LOCC token incentive
Burning the remaining half of LOCC tokens allocated in the Tokenomics

By the first quarter of 2022, LOCC hopes to be in a dominant position in the solar system. The protocol looks forward to creating a couple of millionaire astronauts by then, who others will look up to and envy the entire LOCC community.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site.

It's no brainer that blockchain technology has transformed a myriad of sectors, including the expansive art sector. Despite being quite lucrative, the art industry has had its fair share of challenges, notable opaqueness in pricing, lack of regulation, non-standardization, and the problem of fakes.

Art.army is an NFTs art marketplace built on the Binance Smart Chain. The platform creates an innovative, transparent, and environment-friendly means of trading and enjoying art using blockchain technology.

The project brings together key players in the art sector, including artists, gallery owners, investors, and art enthusiasts, to experience art in the new Digital Economy. Here are key pointers to the project.

Art.army Explained

Art.army is an innovative project that looks to revolutionize the art sector by integrating blockchain technology. The platform encompasses a broad community of users linked to the world of art and digital culture. Art.army creates a new and unique art shopping experience where the community of users can buy, sell, exchange or auction NFTs with an artistic forecast.

Besides functioning as an NFT marketplace, Art.army also offers a framework that facilitates the promotion of particular art events giving a unique opportunity for artists, even those who are yet to venture into crypto-art, to protect their work. The project takes a collaborative approach in the art sector to resolve some of the challenges facing the digital art industry thoughtfully and inclusively.

Art.army creates a meeting platform for art curators and experts, including authors, art investors, artists, and creators from multiple disciplines, allowing them to share ideas, trade NFTs and overly benefit mutually.

On the Art.army marketplace, artists and creators can create their digital artworks through a completely secure and transparent minting process backed by blockchain technology. The platform essentially enables artists to thrive in their fields by providing security, trust, and an overly efficient environment.

Technology

Art.army is built on the Binance Smart Chain (BNC) created by Binance. The Art.army team opted for Binance rather than Ethereum, which hosts almost all NFT marketplace considering non-fungible tokens(NFTs) were first developed by its ERC721 token. BNC confers plenty of benefits to the platform, including low transactions.

The congestion on NFT marketplaces on Ethereum and other platforms, including Dapps, has seen it had a myriad of challenges, including unnecessary transaction costs, intense volatility, and scalability issues due to congestion. BSC offers Art.army an operational and competitive edge over other NFT marketplaces built on different blockchain networks.

What's more, the platform's smart contracts are created using the ERC 721 token standard, allowing it some flexibility in the future, including the possibility of shifting to another blockchain network if need be.

Functioning

How does Art.army work? Well, it functions by allowing selected artists to mine NFTs tokens on the platform via a simple dialogue box. The tokenizable items can be either audio, video, or image made available in the different formats supported by the platform. Artists are then required to pay Binance Smart Chain mining fees to complete the NFTs token mining.

Once an NFT is mined, artists can put it up for auction on the platform setting a price (quoted in BNB token) they deem suitable. NFTS mined in BSC can also be auctioned on the platform. Art.army offers artists an opportunity to choose how they want their NFT creation to be displayed either in 3D or 2D presentations. The platform also allows artists and collectors to re-sale art pieces later and earn value from their components.

In trading the mined NFTs, the platform employs a unique bidding system where users can bid over the last maximum bid by paying a BSC bidding fee. The last bid is usually the winner. The proceeds from the winning bid is distributed as:

90% -To the artist(s) behind the artwork

4%– Sent to the creator of the NFT

3%– Distributed to ART Holders

3%-Treasury

The platform is open to any artists looking to earn from their works.

Art.army Team

The Art.army team comprises a technical and human team from different fields, including blockchain development, computer engineering, audiovisual communication, production, and art direction. The team is well known, having vast experience with more than 20 years of experience, mainly in the communication and brand strategy field.

Carlos Yanes- the CEO, leads the Art.army team, with other heads involved including Alex García – Creative Director, Lorenzo San- Communication Manager, Pepa Catalá-Creative Content, and Lars Neubert-Head of PR & Artist Liaison. The team's goal is to maximize the potential and development of the digital economy by creating value in artistic creations rather than just accumulating valuable content.

Key Features of the Art.army NFT Marketplace

As mentioned earlier, the Art.army marketplace facilitates the auctioning, exchanging, buying, and selling of art pieces in the form of NFT tokens mined on the platform. The marketplace takes an open approach employing an inclusion model where both experts and developing artists are offered similar opportunities with a possibility of discovering and mentoring new talents. Below are key features of the platform.

NFT Mining/ Minting- On the marketplace, selected artists can create NFTs via mining or minting. Once mined, artists set the selling price of their artistic creation with the market determining the final buying price of each art piece.

Artwork Selection- The marketplace consists of art professionals who help in the selection of outstanding artworks.

Multilingual Support- The marketplace integrates several languages, including English and Spanish, supporting a global audience.

Personalized Spaces- Art.army users are offered their personalized space to develop their gallery of favorite works and artists.\

Interoperability- The Art.army marketplace is technically integrated with other platforms within the Binance Smart Chain ecosystem, ensuring maximum compatibility with other technologies.

Unique Means of Consuming Digital Content- The Art.army marketplace creates a different means of consuming digital content via unique experiences, 3D tours, and special releases for artists looking to enhance their projection and promotion of artistic projects in art channels and the public. The marketplace essentially creates value prepositions in artistic creations to benefit artists, creators, and professionals greatly.

The ART Token

Art.army is powered by the ART Token, which serves different use cases in the Art.army ecosystem, including:

Governance- ART token holders are offered a green light to participate in decision-making within the Art.army project via a community co-governance system.

Value- ART tokens can be used in investments to attract value plus be exchanged with other cryptocurrencies on supported crypto exchanges. Besides, ART token holders receive a percentage of the transaction value of artistic work sold via the Art.army marketplace.

Staking- The platform looks to implement staking where users can hold Art tokens on the platform for a particular period and earn passive income in the form of staking returns.

Tokenomics and Supply

Name: ART Token

Ticker Symbol: ART

Total Supply: 100,000 ARTs

Burned: 58,000 ARTs

Circulating Supply: 42,000 ARTs

Token Distribution

Art.army has a total supply of 100 000 ART tokens and has ruled out the possibility of mining new tokens with the smart contract. So far, the platform has burned 58,000 ART reducing the total circulating supply to 42 000 ARTs. The token distribution is as below:

60%– Burned periodically to enhance the value of the token

32%-Traded among the community of artists, art traders, and collectors.

8%– Transferred to a team wallet for use in the maintenance and work of Art Army

Final Words

Art.army creates an innovative, fairer, and environment-friendly means of experiencing art in a new dimension using blockchain technology. The platform integrates a marketplace that gives equal opportunities to the extensive artist community encompassing gallery owners, artists, enthusiasts, and investors, allowing them to mutually benefit from the artistic creations. The platform is yet to launch its marketplace, but it's working hard to finish the developments before 2022. Once fully established, Art.army marketplace will surely provide value to artistic works ensuring artists benefit fully from their creative works.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site.