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Tag: Blockchains

Kadena Deepdive! The Blockchain Trilemma solved?!

When it comes to consensus mechanisms, Proof-of-Work (PoW) is often dubbed as a relic of the past that is being replaced with other mechanisms such as Proof-of-Stake (PoS). The most common argument against PoW blockchains is that they are just too energy-intensive and costly. I’m sure you’ve heard this narrative if you’ve been in crypto […]

The post Kadena Deepdive! The Blockchain Trilemma solved?! appeared first on Coin Bureau.

Top 3 Crypto to invest in 2022

  FintechNews staff The cryptocurrency market has grown tremendously over the past decade. Since Bitcoin was launched in 2022, other cryptocurrencies have joined the market, and now, over 10,000 coins are available. While this large number depicts that the crypto market has grown, it has proven hard for new investors to know the best crypto […]

The post Top 3 Crypto to invest in 2022 appeared first on Fintech News.

Making an NFT marketplace in just one hour

Reading Time: 4 minutes Gregory Zaitsev’s co-founder and CEO of Unique Network Alexander Mitrovitch, calls his CTO the brains behind the operation. Zaitsev blushes at this compliment but he concedes he loves to come up with new ideas. Like his co-founder, Zaitsev also enjoys the rigors of being an entrepreneur. “I like finishing things […]

AXL to Initiate Staking and Launchpad After a Successful IDO on NFTb

AXL INU ($AXL), a decentralized ecosystem over Ethereum Chain (ETH) and Binance Smart Chain (BSC), is excited to announce the launch of its much awaited AXL launchpad and staking protocol.


In a rapid progression—a successful IDO on NFTb, one of the fastest IEOs on Bitmart, and a booming presale—AXL platform managed to raise a total of 2.1 million USD.

The Ultimate DEX platform, AXL, is teaming up with the Multi-chain Defi platform, NFTb, to bring AXL launchpad to the market, with $AXL and $NFTb as tier tokens. This will enable AXL platform to link the NFTb community with AXL Launchpad in order to deliver greater exposure to AXL ecosystem and more possibilities to join projects in their early phases of development. The launchpad will assist in bringing creative, exciting new ventures to the market.

AXL works hard to encourage, grow, and promote the listing of new and breakthrough projects, with a number of engaging upcoming projects set to be revealed shortly. The launchpad enables emerging creative projects to demonstrate their ideas to the community while also garnering support, attention, and investment.

Features of IDO Platform

AXL Launchpad

AXL launchpad will be able to operate on any coin as a tier token, allowing other projects to have their own launchpad. All they need to do is deploy a smart contract and the whole tier system will be their own token.

As of now, there will be 2 tokens, $AXL and $NFTb, as tier tokens.

AXL Launchpad Tier System

The launchpad tier mechanism is built in such a way that $AXL and $NFTb holders with a higher balance will be able to avail more advantages.

The tier system consists of 3 tiers for each token.

AXL Launchpad Tier System

$AXL Token

$NFTb Token

1st Tier

2nd Tier

3rd Tier

1st Tier

2nd Tier

3rd Tier

200,000 AXL

500,000 AXL

1,000,000 AXL

2,000 NFTb

6,000 NFTb

12,000 NFTb

12.5% APR

17.5% APR

22.5% APR

10% APR

12.5% APR

15% APR

7-Days Lock

7-Days Lock

7-Days Lock

3-Days Lock

3-Days Lock

3-Days Lock

All rewards will be distributed in the form of $AXL Token.

Staking Protocol

AXL platform will offer 2 plans for the staking protocol. 

  1. A fixed plan with staking periods of 1,3,6, and 12 months, w ith fixed APR and a pool limit.
  2. A flexible plan with staking period of 1,3,6, and 12 months, with flexible APR and no pool limit.

There will be a total of 4 staking pools.

  1. 2 Fixed: AXL and NFTb
  2. 2 Flexible: AXL and NFTb

Conditions for Staking Protocol

Fixed Plan

Flexible Plan

Locking Period:

1-3-6-12 months

Locking Period:

No Locking Period

Profit:

Fixed APR

Profit:

Flexible APR

Pool Limit:

Yes

Pool Limit:

No

Token:

AXL, NFTb

Token:

AXL, NFTb

Early Unlock:

 2.5% penalty

-

-

Reward

AXL

Reward

AXL

LaunchPad

Yes

LaunchPad

Yes

The participants of fixed staking programs will be able to participate in the Launchpad   IDOs.

Kickstarter

Asser Fawzi, CEO and Co Founder of AXL INU, is also excited about the AXL Kickstarter. 

“We have a Kickstarter of our own just like Kickstarter.com. New startups after passing the due diligence, will be able to raise up to 30K in a Private Round. Each participant will be able to buy up to 50$. So total 600 users,” he said.

“What is the problem we are solving? Most new project ideas have no liquidity to start so they fail before they even get launched.”

Activities

Most project owners do not have an MM staff to assist them in liquidating their tokens or selling some for development, so AXL came up with the Activities feature.

Activities will allow different projects to sell up to 300K worth of tokens at a discounted price, plus a lottery for winning a prize in the form of tokens. Each participant will be able to take up to 150$.

This will help push the project for further development, raising non-initial funds, and increase exposure for projects.

AXL Backstory

The AXL project was developed out of a goal to provide decentralised solutions for organizations and individuals. By utilizing the Poly network bridge, the AXL platform can tackle a big problem that exchanges face.

Merging the Ethereum and Binance Smart Chain blockchains, AXL is building a bridge that will allow users to unite different blockchains so that they can work with applications, products, and tokens located on different blockchains within a single ecosystem.

AXL's primary features include:

  • Liquidity Pool Providing,
  • Yield Farming Program,
  • Staking Program,
  • Launching IDO(s),
  • NFT Minting
  • Lending & Borrowing Platform

Successful IDO on NFTb and Pre-Sale

AXL INU completed its IDO on NFTb using the platform's DeFi as a service offering on  28th December 2021.  The IDO was finished in 1 minute; one of the fastest ever IDOs  on NFTb.

ALX was also able to complete its IEO on Bitmart in just 5 seconds. AXL INU commenced its pre-sale on 18th December 2021. The presale period ran through 28th December 2021 and AXL was able to raise a total of 2M USD.

AXL Vision:

The successful results of pre-sale and IDO impressed many users, which pushed AXL to expand quicker and provide even more options to their investors. To encourage investors and give them the opportunity to earn even more profit, ALX INU are introducing a staking program and launchpad.

Moreover, AXL has already covered partnership with NFTb for the NFT projects.

About AXL INU:

AXL INU is being developed as a Decentralized Exchange (DEX) on the Ethereum Chain (ETH) and the Binance Smart Chain (BSC), which will enable liquidity provision, yield farming, staking, launching IDOs, NFT, and lending & borrowing. Beginning with the ecosystem's primary token, $AXL, and concluding with $AXLs as a system reward token.

Website | Telegram | Twitter | Medium | Discord Reddit | Instagram

About NFTb:

NFTb is the Complete Multi-chain DeFi and NFT platform for Communities. Our mission is to help creators get comfortable and love using DeFi dApps.

NFTb offers a premium NFT marketplace where users can access buyers from anywhere around the world and multi-chains, a DeFi platform giving users access to yield farming opportunities and a launchpad created to help creators and projects to build early support.

NFTb is backed by the Binance Accelerator Fund, Rarestone Capital and Spark Digital Capital.

Website |&nbs p;Telegram | Twitter | Medium | Discord

Further details about AXL and NFTb collaboration are available here


Disclaimer:
The presented numbers are not fixed and could vary depending on the future research. We reserve the right to change the policy at any given time, which will be promptly updated on the platform for user assistance. It is recommended that you do your own research before making any decision. If you want to make sure you stay up to date with the latest changes, we advise you to visit the company's official website or social networks.

Central Bank of Bahrain completes JPMorgan’s coin system

Bahrain’s Central Bank has reported the completion of a test of JPMorgan Chase’s JPM Coin system.  The bank’s objective to “enhance client experience for safe and efficient settlement solutions” utilizing the JPM Coin System was successfully tested, according to the announcement, which was published on Thursday. Dedicated to an upgrade Banks used the JPM Coin […]

The post Central Bank of Bahrain completes JPMorgan’s coin system appeared first on BitcoinerX.

Best Performing Cryptocurrencies and Altcoins of 2022

Cryptocurrencies “mooned” in 2021. Not only did the major cryptocurrencies hit all-time highs but the interest and adoption of cryptocurrencies also skyrocketed. Below are the digital assets that stood out more than their peers.

The post Best Performing Cryptocurrencies and Altcoins of 2022 appeared first on Bitcoin Market Journal.

The heart of the matter: three predictions for 2022

It's that time of year when crystal ball gazing is de rigueur.

Ethereum DeFi Dominance Not a Given: JPMorgan

While the majority of decentralized finance (DeFi) is still happening on Ethereum, banking giant JPMorgan says this might not be a permanent thing. In a note to Bloomberg, JPMorgan analysts led by ​​Nikolaos Panigirtzoglou say that Ethereum’s DeFi dominance is at risk of being further eroded as more competitors start to enter the space. According […]

The post Ethereum DeFi Dominance Not a Given: JPMorgan appeared first on Coin Bureau.

Solana And Polkadot Grow Much Faster Than Ethereum: Report

Solana and Polkadot grow much faster than Ethereum while Ethereum still has the biggest ecosystem of developers in Web3 as we can see more today in our latest Ethereum news. The top five blockchain ecosystems in terms of developers are Polkadot, Cosmos, Ethereum, Solana, and bitcoin according to Electric Capital. Solana and Polkadot however have […]

Best Blockchain Books for 2022 ( with Reader Ratings)

Whether you are a novice or an expert in blockchain technology, there are a number of books that should be on your must-read list. Here are our picks for the best blockchain books for 2022! Our #1 book would have to be Blockchain Success Stories: Case Studies from the Leading […]

The post Best Blockchain Books for 2022 ( with Reader Ratings) appeared first on Bitcoin Market Journal.

This NFT Collection Topped $1 Billion in Sales

January 5, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The Yearn Finance community passed a proposal to tweak its[...]

The post This NFT Collection Topped $1 Billion in Sales appeared first on Unchained Podcast.

Vitalik Talks About ETH Development: We’re 50% Of The Way There

The co-founder of Ethereum Vitalik talks about the ETH development and discussed the plans to make ETH 2 succeed so let’s read more today in our ethereum latest news. Vitalik Buterin talked through the five-part roadmap on the latest Bankless podcast where he noted the needed steps for Ethereum to thrive and survive. In order […]

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