Decentralization

Web 3.0 Market to Hit $49.10 Billion by 2030: Cognitive Market Research

Retrieved on: 
Thursday, April 27, 2023

With the advancement in technology such as blockchain, it is possible to create decentralized applications (dApps) that operate independently of centralized servers.

Key Points: 
  • With the advancement in technology such as blockchain, it is possible to create decentralized applications (dApps) that operate independently of centralized servers.
  • Moreover, along with greater control and privacy, Web 3.0 also provides Decentralized finance (DeFi).
  • Lack of awareness about Web 3.0 blockchain:
    Despite the potential benefits of Web 3.0 and blockchain technology, many people and organizations are unaware of Web 3.0 blockchain and how it works.
  • All of the considerations mentioned above show that Web 3.0 usage is skyrocketing in the aftermath of COVID-19.

eCurrency announces Centralized CBDC capability

Retrieved on: 
Tuesday, April 25, 2023

OAKLAND, Calif., April 25, 2023 /PRNewswire/ -- eCurrency Mint Inc. announces the release of the eCurrency Centralized CBDC platform to complement its Decentralized and Hybrid CBDC platforms.

Key Points: 
  • OAKLAND, Calif., April 25, 2023 /PRNewswire/ -- eCurrency Mint Inc. announces the release of the eCurrency Centralized CBDC platform to complement its Decentralized and Hybrid CBDC platforms.
  • eCurrency Mint is the leading CBDC technology provider enabling central banks to securely mint, issue, distribute and monitor digital currency.
  • "We are pleased to add Centralized CBDC capability to our offerings, reinforcing eCurrency as the leading CBDC technology provider.
  • Banks and financial intermediaries can continue to operate their own payment and wallet platforms and interface seamlessly with the eCurrency CBDC solution.

Global Innovation Platform (GIP) Is Now Available for Trading on LBank Exchange

Retrieved on: 
Monday, April 24, 2023

Road Town, British Virgin Islands--(Newsfile Corp. - April 24, 2023) -  LBank Exchange, a global digital asset trading platform, listed Global Innovation Platform (GIP) on April 21, 2023.

Key Points: 
  • Road Town, British Virgin Islands--(Newsfile Corp. - April 24, 2023) -  LBank Exchange, a global digital asset trading platform, listed Global Innovation Platform (GIP) on April 21, 2023.
  • For all users of LBank Exchange, the GIP/USDT trading pair is now officially available for trading.
  • Its native token Global Innovation Platform (GIP) was listed on LBank Exchange at 6:00 UTC on April 21, 2023, to further expand its global reach and help it achieve its vision.
  • Factor is an Integrated Development Environment (IDE) and a decentralized operating system powered by a coin mining algorithm creating a blockchain.

BIGG Digital Assets Inc. Portfolio Company TerraZero Collaborates with Fidelity International to Deploy a State-of-the-art Metaverse Activation

Retrieved on: 
Tuesday, April 11, 2023

The new Metaverse experience within Decentraland aims to encourage financial literacy and educate users on the importance of financial planning, money management and investing.

Key Points: 
  • The new Metaverse experience within Decentraland aims to encourage financial literacy and educate users on the importance of financial planning, money management and investing.
  • The project, between TerraZero and Fidelity, saw stakeholders from North America, the UK, India, and Hong Kong, lend their guidance towards the development process.
  • Pushing the boundaries beyond the conventional aesthetics found within Decentraland, the activation showcases high-end original design work, branded video content, and custom music.
  • The Fidelity International Campus is located at coordinates -19,143 in the Decentraland Metaverse.

Fidelity International Launches Metaverse Experience, Developed by TerraZero Technologies, Inc., to Encourage Financial Literacy in the Digital Age

Retrieved on: 
Tuesday, April 11, 2023

The new Metaverse experience within Decentraland aims to encourage financial literacy and educate users on the importance of financial planning, money management and investing.

Key Points: 
  • The new Metaverse experience within Decentraland aims to encourage financial literacy and educate users on the importance of financial planning, money management and investing.
  • Financial literacy is the first step to smarter spending—and that's where TerraZero is innovating on the ways enterprises can engage.
  • By offering an interactive and entertaining environment, we aim to encourage more people to improve their financial literacy, and ultimately build better financial futures."
  • The Fidelity International Campus is located at coordinates -19,143 in the Decentraland Metaverse.

Global Blockchain and Cryptocurrency Market 2023: U.S Remains the Frontrunner in Implementing Cryptocurrency Regulation

Retrieved on: 
Monday, April 10, 2023

DUBLIN, April 10, 2023 /PRNewswire/ -- The "Global Blockchain and Cryptocurrency Market 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, April 10, 2023 /PRNewswire/ -- The "Global Blockchain and Cryptocurrency Market 2023" report has been added to ResearchAndMarkets.com's offering.
  • For instance, recently the country saw the implementation of the Responsible Financial Innovation Act, which defines detailed rules and regulations for the cryptocurrency market.
  • Furthermore, the Crypto Regulation Bill is also another tight policy regulation that is already present in the U.S. economy.
  • Despite the growth in the crypto activity, the fall of the crypto market in 2022 sent negative waves globally, thereby reducing cryptocurrency and blockchain related funding and investment activity.

TerraZero's Latest Metaverse Activation Delivers High-Fidelity Fashion Experience, Drives Impressive Click-Through Rates for Luxury Brand

Retrieved on: 
Tuesday, March 28, 2023

TerraZero Technologies, Inc. created a state-of-the-art metaverse activation for a leading luxury fashion brand.

Key Points: 
  • TerraZero Technologies, Inc. created a state-of-the-art metaverse activation for a leading luxury fashion brand.
  • The fashion brand activation pushed the boundaries of modern fashion with high fidelity textures and models.
  • The immersive metaverse experience exceeded expectations with high fidelity textures and models, which pushed the boundaries of modern fashion for the Decentralized metaverse world.
  • TerraZero metaverse initiative including this latest activation for a luxury fashion brand is well-timed as the metaverse market is projected to grow exponentially in the coming years.

SeedX introduces Decentralized Exchange utilities on its crypto platform.

Retrieved on: 
Monday, March 6, 2023

ALLAHABAD,UTTAR PRADESH, March 06, 2023 (GLOBE NEWSWIRE) -- SeedX , a decentralized exchange (DEX) developed on Binance Smart Chain (BSC), has announced the official launch of its complete platform.

Key Points: 
  • ALLAHABAD,UTTAR PRADESH, March 06, 2023 (GLOBE NEWSWIRE) -- SeedX , a decentralized exchange (DEX) developed on Binance Smart Chain (BSC), has announced the official launch of its complete platform.
  • Seedx provides traders with a unique method for trading and swapping digital assets without any minimum liquidity protocol requirements.
  • It serves as a decentralized launching pad for new businesses seeking to raise funding and generate early liquidity in a decentralized and interoperable manner.
  • To provide traders with instantaneous trades, pooled liquidity, and innovative yield-generating features, SeedX uses a combination of limit and market Decentralized order books exchange .

Gyroscope, the All Weather Stablecoin, Raises $4.5M in Seed Funding led by Placeholder and Galaxy

Retrieved on: 
Thursday, March 9, 2023

GEORGE TOWN, Cayman Islands, March 9, 2023 /PRNewswire/ -- Gyroscope has raised $4.5M in seed funding to build Gyro Dollars (GYD), a decentralized stablecoin featuring a novel all-weather stablecoin design. The round was co-led by Placeholder VC and Galaxy with participation from Maven11, Archetype, and Robot Ventures, as well as angel investment from Cyrus Younessi, Fernando Martinelli, Hart Lambur, Will Villaneuva and others. A live beta version of the new GYD stablecoin mechanism - Gyro Proto - is now live on mainnet Polygon and is open to all for testing.

Key Points: 
  • GEORGE TOWN, Cayman Islands, March 9, 2023 /PRNewswire/ -- Gyroscope has raised $4.5M in seed funding to build Gyro Dollars (GYD), a decentralized stablecoin featuring a novel all-weather stablecoin design.
  • Gyroscope was founded by PhDs who authored seminal papers on stablecoin design and DeFi risk including Stablecoins 2.0 , the Decentralized Financial Crisis , and While Stability Lasts .
  • "At present, DeFi is missing a decentralized non-custodial stablecoin that effectively diversifies risk.
  • This version showcases critical functionality of the stablecoin design, including the diversified reserve, concentrated liquidity pools and new redundant oracle system.

ApeX Pro Kicks Off MVP Traders League With Up to 100,000 USDC Prize Pool & Trading Fee Rebates

Retrieved on: 
Wednesday, March 1, 2023

New York, NY, March 01, 2023 (GLOBE NEWSWIRE) -- Decentralized and non-custodial exchange ApeX Pro continues to lead the charge in decentralized derivatives trading with its largest trading contest yet with the MVP Traders League .

Key Points: 
  • New York, NY, March 01, 2023 (GLOBE NEWSWIRE) -- Decentralized and non-custodial exchange ApeX Pro continues to lead the charge in decentralized derivatives trading with its largest trading contest yet with the MVP Traders League .
  • Crypto pundits looking for a trading challenge will race for a share of a mega prize pool worth up to 100,000 USDC and exclusive, limited-time fee rebate perks on all their post-contest trades.
  • The prize pool starts at 20,000 USDC, and as the number of participants grows, further tiers of the prize pool will be unlocked with the maximum bag of rewards totaling at 100,000 USDC.
  • Registration for the MVP Traders League begins March 1, 2023 at 9AM UTC and ends March 21, 2023, at 8:59AM UTC.