Decentralized finance

Lewis Capaldi to perform a first and exclusive DeFi-funded show this Summer

Retrieved on: 
Wednesday, June 1, 2022
Protocol, Web3, Time, Partnership, NFT, Decentralized finance, GET, Multimedia, Solution, Fraud, Sale, Growth, Technology, Industry, Blockchain, Cryptocurrency, Online shopping

LONDON, June 1, 2022 /PRNewswire/ -- Scalable and boutique ticketing solution XTIXS in partnership with GET Protocol today announced a new, disruptive decentralised finance (DeFi) funded event when Lewis Capaldi plays on August 23rd in Reykjavik. It means the show is backed up by a bespoke application of blockchain technologies - DeFi, NFT and GET Protocol's utility token $GET- where future ticket inventory serves as collateral for a loan, the conditions of which are programmed into a smart contract. In addition to this, all tickets are claimable as an NFT, which makes fraud, scalping and secondary sales of any sort totally impossible.

Key Points: 
  • LONDON, June 1, 2022 /PRNewswire/ -- Scalable and boutique ticketing solution XTIXS in partnership with GET Protocol today announced a new, disruptive decentralised finance (DeFi) funded event when Lewis Capaldi plays on August 23rd in Reykjavik.
  • In addition to this, all tickets are claimable as an NFT, which makes fraud, scalping and secondary sales of any sort totally impossible.
  • XTIXS offers a Web3 adapted and more than upgraded alternative for 'on demand' show solutions where people had to crowdfund a show and as it was funded it was booked.
  • This DeFi approach is in line with the disruptive spirit of blockchain and the decentralization of the notoriously opaque ticketing market.

Voltz Launches First Synthetic Interest Rate Swap Protocol for DeFi, Catalyzing New Wave of DeFi Products & Empowering Crypto to Challenge TradFi's $1,000T Exchanged/Year

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Wednesday, June 1, 2022
Crypto, Risk management, Entrepreneur First, Interest rate swap, Business, NEMO, CEO, Vernacular, Decentralized finance, Tradition, Swaption, Liquidity, Ecosystem, Investment, Growth, Compound, Raymond Steth, Risk, Research, IRS, Alpha, DAO, AMM, Cryptocurrency, Wintermute, Treaty of Dappes

LONDON, June 1, 2022 /PRNewswire-PRWeb/ -- Voltz Protocol launches DeFi's first synthetic, capital-efficient interest rate swap (IRS) AMM, providing the framework for DeFi to compete with TradFi's $1,000T IRS exchanged per annum and unlocking a new realm of possibilities for dapps to serve the financial needs of the world.

Key Points: 
  • This is why we're so excited to bring Voltz Protocol to DeFi, the first synthetic IRS protocol that will unlock a tidal wave of new products for the ecosystem."
  • Voltz Protocol will initially launch with Aave and Compound base stablecoin rates and will add many other markets in the coming months, including Lido's stETH.
  • Voltz Protocol is DeFi's first synthetic interest rate swap (IRS) AMM and is highly capital efficient.
  • Voltz Protocol is composable, permissionless, and open-source, providing developers with the foundation to build the future of DeFi.

Constrafor Raises $100M+ to Increase the Construction Industry's Productivity and Dispel Cash Flow Problems, Helping to Alleviate Massive Construction Delays

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Wednesday, June 1, 2022
Submarine sandwich, Insurance, Financial technology, George Willard Coy, Science and technology in Asia, Uber, Contract, CEO, News, Decentralized finance, Ecosystem, Paxos, Construction, General contractor, Growth, GCS, EPP, Software as a service, ERP, Documentation, Technology, Financial services, Bank, Subcontractor, Inclined plane

NEW YORK, June 1, 2022 /PRNewswire/ -- Constrafor, a SaaS construction procurement platform with embedded financing, announces its $100M+ Seed fundraise in debt and equity to build out new functionality and expand its subcontractor invoice finance offering, Early Pay Program (EPP).

Key Points: 
  • "Construction is facing multiple challenges from higher material costs to a looming credit crunch that will exacerbate the project delays we're seeing across the country."
  • This financing will allow us to reach more contractors as we tackle the biggest challenge in the construction industry."
  • The company's 10X+ growth over the last quarter proves the opportunity for fintech in construction is massive and untapped."
  • Constrafor is in a unique position to leverage its procurement platform and proprietary data to de-risk and scale invoice financing in construction.

InfStones Nears Unicorn Status with $66 MM Funding Round Led By SoftBank Vision Fund 2 and GGV

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Wednesday, June 1, 2022
Kucoin, GGV Capital, A&T, GGV, BitGo, CEO, Platform, Harmony, NFT, Environment, Decentralized finance, API, Chain-link fencing, Solution, Sam Instone, Architecture, Growth, Technology, Polygon, Adoption, Efficiency, Blockchain, Platform as a service, OKX, 2009 Davis Cup, Cryptocurrency, Web3

DALLAS, June 1, 2022 /PRNewswire/ -- Today, InfStones, a leading global blockchain infrastructure provider, announced a new funding round of $66M led by SoftBank Vision Fund 2 and GGV Capital, with participation from INCE Capital, 10T Fund, SNZ Holding, and A&T Capital. The funds will be used for enterprise-wide expansion and to accelerate growth. InfStones raised $33 million in a Series B financing this past February, bringing the company's total funding since inception to over $100 million. InfStones now nears "Unicorn-status" with this latest round of funding.

Key Points: 
  • DALLAS, June 1, 2022 /PRNewswire/ -- Today, InfStones , a leading global blockchain infrastructure provider, announced a new funding round of $66M led by SoftBank Vision Fund 2 and GGV Capital, with participation from INCE Capital, 10T Fund, SNZ Holding, and A&T Capital.
  • InfStones raised $33 million in a Series B financing this past February, bringing the company's total funding since inception to over $100 million.
  • InfStones now nears "Unicorn-status" with this latest round of funding.
  • The new funding will enable InfStones to grow its team and develop more robust blockchain infrastructure solutions for global clients.

InfStones Nears Unicorn Status with $66 MM Funding Round Led By SoftBank Vision Fund 2 and GGV

Retrieved on: 
Wednesday, June 1, 2022
Kucoin, GGV Capital, A&T, GGV, BitGo, CEO, Platform, Harmony, NFT, Environment, Decentralized finance, API, Chain-link fencing, Solution, Sam Instone, Architecture, Growth, Technology, Polygon, Adoption, Efficiency, Blockchain, Platform as a service, OKX, 2009 Davis Cup, Cryptocurrency, Web3

DALLAS, June 1, 2022 /PRNewswire/ -- Today, InfStones, a leading global blockchain infrastructure provider, announced a new funding round of $66M led by SoftBank Vision Fund 2 and GGV Capital, with participation from INCE Capital, 10T Fund, SNZ Holding, and A&T Capital. The funds will be used for enterprise-wide expansion and to accelerate growth. InfStones raised $33 million in a Series B financing this past February, bringing the company's total funding since inception to over $100 million. InfStones now nears "Unicorn-status" with this latest round of funding.

Key Points: 
  • DALLAS, June 1, 2022 /PRNewswire/ -- Today, InfStones , a leading global blockchain infrastructure provider, announced a new funding round of $66M led by SoftBank Vision Fund 2 and GGV Capital, with participation from INCE Capital, 10T Fund, SNZ Holding, and A&T Capital.
  • InfStones raised $33 million in a Series B financing this past February, bringing the company's total funding since inception to over $100 million.
  • InfStones now nears "Unicorn-status" with this latest round of funding.
  • The new funding will enable InfStones to grow its team and develop more robust blockchain infrastructure solutions for global clients.

Immutable Submits Proposal to ApeCoin Community to Build Bored Ape Yacht Club's Otherside Metaverse on Immutable X, a Layer 2 Scaling Solution on Ethereum

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Wednesday, June 1, 2022
Non-fungible token, Immutable object, Super-Pharm, Avalanche, NFT, ESL, Decentralized finance, Otherside, Traction, Digital collectible card game, TikTok, GameStop, Cryptocurrency, High-rise building, Illuvium, Ethereum

The proposal asserts that Immutable X is best suited for Otherside compared to other protocols, thanks to Immutable's massive scalability, no-fee transactions, and carbon-neutral environment.

Key Points: 
  • The proposal asserts that Immutable X is best suited for Otherside compared to other protocols, thanks to Immutable's massive scalability, no-fee transactions, and carbon-neutral environment.
  • This aligns with with the desires of some APE holders who have publicly posted that "we should search for an L2 solution on Ethereum."
  • Its future should live on Layer-2 Ethereum, where its core users and community lives," said Robbie Ferguson, Co-Founder at Immutable.
  • "We're confident that Immutable X is the perfect solution for Bored Ape Yacht Club's Otherside metaverse project and will commit significant resources to building it jointly with the community."

Illuvium Universe Land Sale Starts 2 June on Gas-Free Protocol, Immutable X

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Wednesday, June 1, 2022
Ethereum, Universe, Zero, Mac, Non-fungible token, L2, Ranger, AAA, NFT, Carbon, Decentralized finance, PvP, Creativity, Sale, Collection, Player versus environment, Wilderness, Blockchain, Hunting, UTC, Cryptocurrency, Immutable object, Illuvium

SYDNEY, June 1, 2022 /PRNewswire/ -- Immutable X , the leading Layer 2 (L2) Ethereum scaling solution for NFTs, is excited to confirm that Illuvium 's highly anticipated Universe Land Sale will take place on 2 June 2022.

Key Points: 
  • SYDNEY, June 1, 2022 /PRNewswire/ -- Immutable X , the leading Layer 2 (L2) Ethereum scaling solution for NFTs, is excited to confirm that Illuvium 's highly anticipated Universe Land Sale will take place on 2 June 2022.
  • There will be a total of 20,000 land plots available for sale, which will be minted with zero gas fees to Immutable X.
  • Powered by StarkWare' s cutting-edge zk-rollup technology and Immutable's deep knowledge of blockchain gaming, Immutable X will enable massive scalability for Illuvium.
  • The Illuvium Universe Land Sale will start on 2 June 2022 at 0900 UTC.

DEFI TECHNOLOGIES INC. ANNOUNCES NAME CHANGE TO VALOUR INC.

Retrieved on: 
Wednesday, June 1, 2022
THIS, CUSIP, Company, THE, NEO Exchange, OTC, Legislation, News, Decentralized finance, Multimedia, Growth, ISIN, NEO, Phrase, Heart, Daou Technology Inc., Security (finance)

TORONTO, June 1, 2022 /PRNewswire/ -DeFi Technologies Inc. (the "Company" or "DeFi") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) is pleased to announce that, further to its news release dated May 9, 2022, it has changed its name from "DeFi Technologies Inc." to "Valour Inc."

Key Points: 
  • TORONTO, June 1, 2022 /PRNewswire/ -DeFi Technologies Inc. (the "Company" or "DeFi") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) is pleased to announce that, further to its news release dated May 9, 2022, it has changed its name from "DeFi Technologies Inc." to "Valour Inc."
    At the opening of the markets on June 1, 2022, the Company's common shares will commence trading under the new name "Valour Inc.".
  • There is no consolidation of the Company's share capital in connection with the name change.
  • Valour Inc. (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) is a technology company bridging the gap between traditional capital markets and decentralized finance.
  • Forward-looking information includes, but is not limited to, statements with respect to the name change of the Company.

Update - ViralUp: The First Share-To-Earn and Watch-To-Earn WEB3 Mobile Application into SocialVerse

Retrieved on: 
Tuesday, May 31, 2022
Crypto, Social media, Non-fungible token, Blockchain, Special creation, Buy, THE, FIRST, Comment, Decentralized finance, NFT, Minutes, GLOBE, Public relations, Cryptocurrency, Amusement arcade

Mobile, Alabama, May 31, 2022 (GLOBE NEWSWIRE) -- ViralUp is the FIRST Share-To-Earn and Watch-To-Earn WEB3 Mobile Application that combines DeFi and NFTs into Crypto SocialVerse.

Key Points: 
  • Mobile, Alabama, May 31, 2022 (GLOBE NEWSWIRE) -- ViralUp is the FIRST Share-To-Earn and Watch-To-Earn WEB3 Mobile Application that combines DeFi and NFTs into Crypto SocialVerse.
  • All the rewards are managed by the ViralUp Ecosystem and they are available in the form of VIRAL tokens, which are the native tokens of the ViralUp application.
  • The ViralUp application is the first social application of its kind to offer users the opportunity to earn rewards in both ways, by sharing and watching videos.
  • With ViralUp, Content Creators and Viewers are all able to earn $VIRAL rewards for their contributions to the SocialVerse.

EGO.COM - An Iconic Cardano NFT Project is Gaining Momentum

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Tuesday, May 31, 2022
Cardano, Attention, Sale, Decentralized finance, NFT, Partnership, Renaissance, Non-fungible token, GLOBE, Technology, Cryptocurrency, Plutus

New York, May 31, 2022 (GLOBE NEWSWIRE) -- EGO.com , a Cardano-based NFT services provider with an iconic name, has been making rounds within the NFT space.

Key Points: 
  • New York, May 31, 2022 (GLOBE NEWSWIRE) -- EGO.com , a Cardano-based NFT services provider with an iconic name, has been making rounds within the NFT space.
  • This up-and-coming project with a promise to facilitate a Digital Renaissance in art is quickly gaining a crypto gem reputation in the current bear market.
  • EGO.com , a decentralized creative realm for artists and collectors, is quickly gaining the attention of retail and institutional investors within the Cardano ecosystem.
  • Every step towards the Digital Renaissance in art, EGO.com is there to provide professional, 360 degree support for all of your NFT needs.