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KENZO token surpasses 400 holders

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Shiba Kenzo today announced that its Shiba Kenzo token (KENZO) has surpassed 400 holders. The token is retaining a low mcap, which reveals great potential. KENZO is the only Shiba meme token issued on the Binance Smart Chain platform with an upcoming yield farm. The company’s intent is to give people an opportunity to be a part of the cryptocurrency ecosystem with a meme token cryptocurrency.

“We are truly thrilled to be experiencing such strong uptake,” said Shiba Kenzo, creator of the KENZO token. “The reception of the fair launch validates our strategy.” Kenzo created the token after gaining more than10 years of operational and programming experience—which led him to create the world’s first Shiba meme token that offers this distinctive yield farm. 

KENZO is a native BEP-20 compliant token, which ensures speedy transactions and security, as well as compatibility with other third-party services. Users of KENZO can earn five percent of each transaction, which will be redistributed to holders and automatically adds five percent to the liquidity pool.

While this is standard tokenomics, what makes the Shiba Kenzo (KENZO) token unique is that it is a meme token with an actual use case. 

Purchasers will be able to stake their Shiba Kenzo (KENZO) tokens on their own upcoming yield farming site, which means buyers will earn a lot more yield than a regular meme token on the market. 

The yield farming site is expected to launch in the fourth quarter. Shiba Kenzo allocated 10 percent of its funds for product development, another five percent for marketing and branding, and 10 percent for the company team. 

The company is creating a series of step-by-step tutorial videos that go into basic concepts of how to buy the Shiba Kenzo (KENZO) token, to help buyers deal with the complexity of the crypto space. 

Shiba Kenzo complies with all the necessary KYC/AML procedures protecting both its project and its users from fraudulent activities.

For more information, visit www.shibakenzo.com.
Twitter: https://twitter.com/shiba_kenzo

Mail: [email protected]
Telegram: https://t.me/Shibakenzo

Disclaimer: This is a paid post and should not be treated as news/advice. 

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Source: https://ambcrypto.com/kenzo-token-surpasses-400-holders

Blockchain

Kazakhstan Reportedly Planning to Enable Banks to Process Cryptocurrency Purchases

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The ruling body of Kazakhstan will reportedly allow local banking institutions to offer cryptocurrency exposure to clients. The implementation will run for one year, after which the government will decide whether to extend it.

Bank Accounts for Crypto Transactions in Kazakhstan

The Kazakhstani news channel Khabar 24 reported that the government plans to officially authorize local banks to open accounts for transactions with digital assets.

Numerous institutions will soon be granted permission to provide businesses and firms with cryptocurrency exposure. This should allow the government of the Asian country will be able to assess the risks and benefits of virtual currencies.

Sergey Putra – an executive from the Data Center Industry – believes that the upcoming move would be a step towards further cryptocurrency adoption for the country. He reminded that Kazakhstan is already a mining hub, and many residents are quite actively trading various digital assets. Putra outlined that the crypto market could bring serious money flow to Kazakhstan, and thus the nation should focus on it:

“It is billions of dollars in daily turnover around the world. And even if Kazakhstan takes some fraction of a percent, this is serious money that will come to Kazakhstan in the form of investments…it will remain here in the form of taxes, in the form of jobs, and salaries. This is a very large industry, which Kazakhstan still bypasses.”

The government will allow trading venues to cooperate with banks legally. All they will need to do is sign a mutual agreement in the capital Astana. The pilot project will reportedly last for 12 months, meaning that local investors will be able to purchase and sell Bitcoin and altcoins safely during this period.


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Cryptocurrency Mining Concentrates in Kazakhstan

The Asian nation showed its intentions to be one of the leaders among the countries mining digital assets. In September last year, Kazakhstan raised $715 million, aiming to expand this sector in the Central Asian nation.

Following the China crackdown this year, numerous companies shifted their businesses away from the country and moved their infrastructure elsewhere.

Such is the example with the investment firm IBC Group. The company, which has significant cryptocurrency mining operations in China, announced its intentions to close down all its Bitcoin and Ethereum mining facilities throughout the country. The organization plans to move its workers to various other nations, with Kazakhstan being one of them.

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Source: https://cryptopotato.com/kazakhstan-reportedly-planning-to-enable-banks-to-process-cryptocurrency-purchases/

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Blockchain

Solana Announces Exclusive Hackathon for Indian Developers

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To support the Indian blockchain development ecosystem, Solana, a high-performance blockchain network, has revealed that it will be rolling out a new hackathon exclusively for Indian developers and entrepreneurs.

Solana Unveils Hackathon with Over $80k in Prizes 

In a tweet on Tuesday, Solana noted that the hackathon, dubbed “Building Out Loud,” will last for 3 weeks and registration for it is open to students, Web2 and Web 3 developers, engineers, and basically anyone who is looking to get into the crypto space.

The hackathon will be organized in collaboration with Superpumped and Devfolio, two tech firms that have helped host thousands of hackathons across the globe.

Participants will have the opportunity to win prizes from a pool containing more than $80,000, be able to launch a global product starting from the first day of the hackathon and raise capital from a list of prominent investors.

There are also several special prizes from the Solana Foundation, Lightspeed Ventures, Balaji Srinivasan, CRED, Kunal Kapoor, Superpumped, Serum, and many more.


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Envisioning One of India’s Largest Social Hackathons

In a statement, Solana disclosed that it is aiming to make the “Building Out Loud” event one of the largest social hackathons India has ever experienced.

The project intends to keep growing its ecosystem by using hackathons as a tool for growth, bringing the crypto industry to more mainstream users.

The “Building Out Loud” hackathon is aimed at becoming a social movement for the young generation of entrepreneurs that are searching for new opportunities to launch a global product and raise capital from prominent global investors.  

The three top winners of the hackathon will receive cash prizes of $10,000, $7,000, and $5,000, respectively, among other special incentives. Registration for the hackathon is currently ongoing and is set to last until August 12, 2021.

Not the First for Solana

Just last month, Solana announced the winners of its Solana Season Hackathon competition, a $1 million initiative that was established to support new projects on the Solana blockchain.

It selected about 39 winners out of the 13,000 participants and more than 350 projects that it received in the competition from across the globe. 

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Source: https://cryptopotato.com/solana-announces-exclusive-hackathon-for-indian-developers/

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Blockchain

Solana Announces Exclusive Hackathon for Indian Developers

Published

on

To support the Indian blockchain development ecosystem, Solana, a high-performance blockchain network, has revealed that it will be rolling out a new hackathon exclusively for Indian developers and entrepreneurs.

Solana Unveils Hackathon with Over $80k in Prizes 

In a tweet on Tuesday, Solana noted that the hackathon, dubbed “Building Out Loud,” will last for 3 weeks and registration for it is open to students, Web2 and Web 3 developers, engineers, and basically anyone who is looking to get into the crypto space.

The hackathon will be organized in collaboration with Superpumped and Devfolio, two tech firms that have helped host thousands of hackathons across the globe.

Participants will have the opportunity to win prizes from a pool containing more than $80,000, be able to launch a global product starting from the first day of the hackathon and raise capital from a list of prominent investors.

There are also several special prizes from the Solana Foundation, Lightspeed Ventures, Balaji Srinivasan, CRED, Kunal Kapoor, Superpumped, Serum, and many more.


ADVERTISEMENT

Envisioning One of India’s Largest Social Hackathons

In a statement, Solana disclosed that it is aiming to make the “Building Out Loud” event one of the largest social hackathons India has ever experienced.

The project intends to keep growing its ecosystem by using hackathons as a tool for growth, bringing the crypto industry to more mainstream users.

The “Building Out Loud” hackathon is aimed at becoming a social movement for the young generation of entrepreneurs that are searching for new opportunities to launch a global product and raise capital from prominent global investors.  

The three top winners of the hackathon will receive cash prizes of $10,000, $7,000, and $5,000, respectively, among other special incentives. Registration for the hackathon is currently ongoing and is set to last until August 12, 2021.

Not the First for Solana

Just last month, Solana announced the winners of its Solana Season Hackathon competition, a $1 million initiative that was established to support new projects on the Solana blockchain.

It selected about 39 winners out of the 13,000 participants and more than 350 projects that it received in the competition from across the globe. 

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Source: https://cryptopotato.com/solana-announces-exclusive-hackathon-for-indian-developers/

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