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Artozo NFT Marketplace Enters Strategic Partnership With InCluence

Artozo NFT Marketplace Enters Strategic Partnership With InCluence

E-commerce advisors InCluence join forces with a revolutionary NFT marketplace. June 8, 2022 – Artozo NFT Marketplace has entered into a strategic partnership with the fintech firm InCluence, which specializes in the legalities of e-commerce. According to Artozo, the firm will be assisting with the development of payment processing protocols and compliance for its upcoming […]

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Decred blockchain introduces new cross-chain, SPV-based wallet: GoDCR

Decred (DCR), a blockchain-based cryptocurrency with a strong focus on community input, today announced the launch of GoDCR, a cross-platform GUI wallet built using Golang and Gio. GoDCR has privacy-preserving Simplified Payment Verification (SPV), which is an enhanced privacy feature not commonly available in lightweight wallets. Privacy-preserving SPV does not share personal transaction information with […]

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Crypto News

How Poor User Experiences Lower the Market Cap for NFTs

Interest in the revolutionary technology “NFTs” has been growing over the last few years; in many countries, it peaked last year, in others, such as Singapore and the United Arab Emirates, the NFT boom is now.  as interest grows, so does the number of people hearing about and buying NFTs reaching well beyond the world of crypto enthusiasts. Since the real hurdle to expanding a market is turning curious people into investors in order to raise the market cap of NFTs, it’s the new investors that need to be supported. The problem is that the current poor user experiences in the NFT space are pushing away new investors and lowering the market cap. Research shows that the barriers to NFT adoption are reliability, education and necessity. These barriers have severely limited the adoption of NFTs. One columnist for The Daily Eastern News claims that NFTs are “really confusing”, while other writers criticize NFT marketplaces for being too technical, confusing and fragmented across Web 3.0. Among the different marketplaces, many have attempted to remove barriers to entry for new NFT investors. One such example is Opensea which added MoonPay as an option to purchase cryptocurrencies. By using MoonPay, an investor can directly add funds and purchase NFTs through their app. However, MoonPay is banned in numerous countries and states. Other issues include lack of education, reliability and support. Currently, no marketplace offers a solution to any barrier, let alone all of them. The real challenge for users is that NFTs marketplaces are all on separate blockchains, which creates a huge fragmentation of communities, fanbases, art and assets. Therefore, what is urgently needed to raise the market capitulation of the NFT space is an all-in-one platform that removes barriers and then educates and supports new users. Enter Ludo, a revolutionary all-in-one Web 3.0 app for play-to-earn projects and NFTs. Ludo aims to be the gateway to the metaverse and all things NFT. Using the platform users can discover, collect, showcase, promote and earn. Ludo is aware there are barriers to NFT adoption and aims to remove them all, as shown in their Manifesto, which states: “At Ludo, we don’t simply want to be part of this New Renaissance. We want to shape it.”. The question is, how is Ludo tackling the barrier to NFT adoption and thus raising the NFT market capitulation? Reliability Ludo removes the inaccessible nature of other marketplaces by creating a hub of all things NFT. Instead of a user being separate from other marketplaces, creators and buyers, Ludo offers a platform that displays information from every marketplace. With Ludo, a user’s first NFT experience is simplified to accessing their app and finding the NFT they want. There’s no need to search across blockchains to search for a marketplace. Education Ludo provides a clean and sleek interface that is clearly labeled and newcomer-friendly. The app avoids technical jargon and explains terms in simplified ways, such as concert ticket NFTs and gaming NFTs labeled as ‘experiences. Further, the search tools are simplified with filters such as blockchain, cost and type. The NFTs have clear icons dictating NFT price, blockchain and other important information. Information on NFTs is compiled, allowing users to educate themselves and learn more. Necessity NFT-based content is rapidly growing as music, gaming, metaverses and physical assets join the market. The necessity comes from the growing fragmentation of the NFT space. As iterated previously, Ludo provides an an-all-in-one hub of information, creation, advertisement, community and content. As the NFT market grows, so does the need for Ludo. Thus, Ludo removes every barrier by offering a seamless and necessary platform that is reliable, educational and supportive. By providing a high-quality, accessible and supportive platform, Ludo provides greatly enhanced user experiences. Resulting in new investors who are more likely to stay, purchase and grow the NFT market. The poor user experiences of newcomers are a thing of the past as Ludo supports the growing NFT market capitulation. Find out more about Ludo and apply to be an alpha tester on their website here.   Image: Pixabay

Altcoins Analysis Bitcoin Blockchain

Oraichain: World’s First Fully On-Chain Verifiable Random Function Service On Fantom

Oraichain: World's First Fully On-Chain Verifiable Random Function Service On Fantom

The world’s first AI Layer 1 for Data Economy and Oracle services Oraichain has announced the enabling of Verifiable Random Function services on Fantom. Going forward, Fantom dapp developers will be able to harness the fully decentralized and publicly verifiable random number generator to bring more capabilities to DeFi, NFTs, and more. This is a […]

Crypto News

Hyperdex Launches Mainnet to Introduce Advanced Trading Features For DeFi Users

Hyperdex, a Swiss-based decentralized exchange (DEX), announced its mainnet is finally going live following the successful period of its testnet. The launch of the mainnet brings along three major advancements on the platform, named “cubes”, enabling users to adjust to the Hyperdex network and unlock its vast capabilities. Going live on Wednesday, the Hyperdex mainnet will introduce the Fixed Income, Algo Trading, and Race Trading cubes, adding to a plethora of features available including token swaps, liquidity provision & staking. According to a team statement, the three “cubes” will be the first phase of investment development and strategies integrated into the platform, with more to follow in the coming months. First, the Fixed Income strategy employs a low-risk strategy that enables them to earn a fixed return on their stablecoins and crypto-assets over a specific period of time. The Fixed Income cubes each offer different rates of return and details pertaining to the investment. Second, the Algo Trading cubes is a moderate risk strategy that enables users to earn a variable return on their crypto assets. The strategies are based on statistics, with a multidimensional approach stemming from but not limited to arbitrage. Finally, the Race Trading cube is Hyperdex’s flagship product, offering DeFi users high-risk strategies that allow users to take derivative-like positions on their crypto assets on a decentralized and secure platform. Race Trading Cubes take a relatively more aggressive approach to investing, with users able to speculate on the future price of an asset by selecting long or short positions. The strategies offer a wide variety of Cubes with different assets, target prices, liquidation prices, leverage, and more. Additionally, the Race Trading cube is built for all users, whether amateur or pro traders, with Hyperdex controlling every complicated component of what is essentially a derivatives contract. Traders on Race Trading will only need to press a few clicks on the platform to start trading derivatives, similar to the convenience of a centralized exchange. “Hyperdex was designed to drive down the complexity of DeFi investment, and to give users exposure to sophisticated products that were once the preserve of pros,” explains Manfredi Magris, Hyperdex Co-Founder. “Our Race Trading cube, for example, contains a simplified derivatives contract that makes it easy for anyone to experience the rewards of decentralized finance, all boosted by the HYP token.” Hyperdex launches $HYP on IDO Once the mainnet launches, Hyperdex will launch its native utility token, $HYP, via an initial DEX offering (IDO) and issued it to private investors. The $HYP token can be used to boost liquidity provision (LP) rewards available to users of the Hyperdex platform and to incentivize the deployment of automated trading strategies. Finally, the launch of the Hyperdex mainnet kicks off a path to build the platform according to its ambitious roadmap. In the coming weeks, the team plans to introduce more sophisticated ‘Hypercubes’ that boost the investors’ returns two-fold and launch a P2P loan exchange.      

Bitcoin

Full-suite DEX, Hyperdex Mainnet Goes Live Introducing Extra Rewards For Users

Hyperdex, a decentralized finance (DeFi) platform, has announced the launch of its mainnet, following months of developments, third-party audits, and upgrades. The mainnet is expected to introduce new trading strategies on the platform, giving users more opportunities to easily make returns in the DeFi ecosystem. Having gone live this Wednesday, the mainnet introduces three major […]

Bitcoin

BiFarms Network Set to Launch The Decentralized Multichain Yield Optimizer Platform and Tier-less Launchpad Ecosystem

BiFARMS is set to launch a decentralized multi-chain yield optimizer platform that allows its users to earn compound interest on their crypto holdings. Through a set of investment strategies secured and enforced by smart contracts, BiFARMS network automatically increases the user rewards from different liquidity pools (LPs),‌ ‌automated market-making projects,‌ ‌and‌ ‌other yield farming opportunities […]

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Node infrastructure provider BlockSpaces adds Lightning Network support for bitcoin

BlockSpaces, a blockchain node infrastructure provider, has announced that it will soon launch its Lightning Connect; a simplified, non-custodial Lightning Network node management solution designed to enable fast, low-fee bitcoin (BTC)-based payment processing. The Lightning Network is a layer two protocol that locks transactions in off-chain smart contracts via a mechanism called “channels” which are tied […]

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