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Tag: ecosystem

HDAO soared +1469% immediately after listing!


Earlier, the most influential Hong Kong Digital Asset Exchange HKD.com launched its platform token HKD.com DAO (HDAO), sold out in 5 seconds. (Read More)

LBank Exchange Will List MyCreditChain (MCC) on March 2, 2022

INTERNET CITY, DUBAI, Feb. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list MyCreditChain (MCC) on March 2, 2022. For all users of LBank Exchange, the MCC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 2, 2022. The market for personal and credit data is growing...

The post LBank Exchange Will List MyCreditChain (MCC) on March 2, 2022 appeared first on Live Bitcoin News.

Coin Rivet interviews NFT project DreamsQuest

How did you come about starting DreamsQuest? Dreams Quest ideation started over 2 years ago when Steve and Leslie reached out and asked if I wanted to look at what they are working on.

Bricktrade and Realm Partner Up To Bridge the Gap Between Reality and The Metaverse

In recent months, the heat around the real-estate market in the metaverse has been building exponentially. The idea

The post Bricktrade and Realm Partner Up To Bridge the Gap Between Reality and The Metaverse appeared first on Crypto-News.net.

Legacy Block Partners with Power of One Foundation to End Hunger

SANTA MONICA, CA, Feb 28, 2022 - (ACN Newswire) - Power of One Foundation ("POOF") has entered into a partnership with Legacy Block (BLCK:Pancakeswap). BLCK is an operating division of Peerless Exponential Partners, LLC (PXP). By way of the partnership POOF will use Legacy Block's BLCK governance token as the governance token for a series of new blockchain based projects targeted at ending hunger in the United States. These projects will materially increase POOF's reach and efficiency in addressing its goal that aligns with the United Nations Sustainable Development Goal (SDG) - Zero Hunger.

Santa Ana Mayor Vicente Sarmiento giving Andre Roberson CEO Power of One the Key to the City

Legacy Block ("BLCK") is the governance token of several protocols seeking to address some of the world's greatest challenges. "We believe we can use our token to solve some of the world's pressing challenges," says Joel Plasco, Co-Founder of Legacy Block. "When we set out to do this in Nigeria we were met with pessimism, what we now know is people will invest their time in what we call Personal Natural Resources ("PNR") to help themselves and their community. Blockchain and tokens are a very helpful tool for documenting and rewarding people for their participation."

Through the partnership POOF will work with Legacy Block to create new food security solutions leveraging the power of Blockchain. POOF's expertise and capabilities have been tested and honed over the duration of the Covid Pandemic. In 2020, as the effects of Covid halted the economy and devastated the income for tens of millions of Americans, POOF stepped up to feed over 3 million people in California and distributed over 10 million lbs of food earning it 2020 California Nonprofit of the Year.

"We learned during the height of the pandemic that new blockchain based tools could have possibly helped us increase the number of people we fed and could have helped people in need get other vital services. We believe we can use PNR to convert time and other intangible assets into tokenized monetizable assets," says Andre Roberson, CEO of Power of One Foundation.

By working with POOF, Legacy Block believes in the acquisition and utility of cryptographic assets available to everyone on the planet. Legacy Block has signed up 100,000 members in Africa who have pledged more than 5 million hours of their time to help social innovators who solve real world problems. These members are using PNR to eliminate extreme poverty. Legacy Block has agreed as part of this partnership to provide training and start-up capital to 50,000 POOF members which will allow those members to use PNR to reduce food insecurity.

"Applying PNR to food securities issues in the USA is the next step in creating a global PNR ecosystem capable of reducing financial inequalities," says Master Node Holder Lou Zant.

"We are excited to work with Legacy Block to help 50,000 of our community members activate their Personal Natural Resources ("PNR") to achieve permanent food security and to have access to the Legacy Block BLCK governance token and the great minds gathering to solve real life problems using blockchain," says Andre Roberson.

About Legacy Block

Legacy Block is an operating subsidiary of Peerless Exponential Partners, LLC, a company headquartered in the USA. Its purpose is to provide a framework for governance and coordinate the Legacy Block Initiative. This will foster transformative social impact through decentralized technologies in support of financial inclusion. The goal is the elimination of extreme poverty to ensure universal basic opportunities exist for every citizen on the planet.

For more information visit https://blckcoin.org

Contact: [email protected].


Forward-Looking Statements
This press release may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this presentation, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this presentation relating to the view of management of any company mentioned in this press release. (the "Company") concerning its business strategy, future operating results, and liquidity and capital resources outlook. Forward-looking statements are based on the Company's current expectations and assumptions regarding its business, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. The Company's actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Factors or events that could cause the Company's actual results to differ may emerge from time to time, and the Company can't predict all of them. The Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comPower of One Foundation ("POOF") has entered into a partnership with Legacy Block (BLCK:Pancakeswap). BLCK is an operating division of Peerless Exponential Partners, LLC (PXP).

Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH


The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark. (Read More)

South Korea announces $187 million investment in a national Metaverse project.

South Korea’s Ministry of ICT, Science, and Future Planning announced a 223.7 billion KRW ($186.7 million) investment to create a broad Metaverse ecosystem to support the growth of digital content within the country. The Ministry wrote in an official statement on Feb. 27 that funds will be spent on completing four main objectives in creating what appears […]

Hacking Attacks: Ethereum vs Terra Flash Loans

It is standard for DeFi platforms to offer over-collateralized loans, in which borrowers deposit more in assets than they withdraw. Some DeFi platforms (like AAVE) support a newer type of loan, the flash loan. When a loanee takes out a flash loan, no collateral is required. This is achievable because flash loans are repaid within the same transaction that they are taken out – a smart contract is used to rapidly perform a series of transactions that result with the loanee ultimately repaying the loan.   Flash loans are atomic, meaning that they are only processed if all included transactions are executed. If they are not, they are rolled back. This enables individuals to borrow massive sums with almost no risk. It is common for borrowers to withdraw tens of thousands, millions, or even tens of millions of dollars at once, albeit for a brief period.   What Are Flash Loans Used For?   Flash loans have three primary uses: trading arbitrage, collateral swapping, and self-liquidation. Here’s an explanation of each:   Trading Arbitrage: Different exchanges may charge different prices for certain assets, opening opportunities to purchase and sell the same assets on different exchanges for a profit. This process is called “trading arbitrage”. While it can be done manually, doing so usually doesn’t yield much of a profit, since the prices of these assets usually only differ by a fractional amount. Flash loans can be used to automatically execute large arbitrage orders, quickly turning a much larger profit.   Collateral Swapping: Changing the base collateral used in DeFi loans can be frustrating and time-consuming, especially for those who diversify their collateralized assets. Flash loans can be used to quickly pay off loans in order to free locked assets, then swap those assets for others.   Self-Liquidation: If a traditional DeFi loan’s base collateral decreases in value too greatly, it will be liquidated. Meaning, collateralized assets will be sold at a discount in order to repay the loan, yielding a loss for the borrower. Flash loans can be used to self-liquidate, fully paying off the loan and withdrawing the collateralized assets without a loss.   What Are The Real Risks of Flash Loans?   Because flash loans are atomic, they are risk-reduced. However, they are not entirely risk-free. Flash loans incur network fees regardless of whether or not they succeed. This exposes loanees to front-running, in which other parties execute identical flash loans while paying higher network fees. Front-ran flash loans are processed first, often leaving original loanees with nothing but network fees to pay.   Most flash loan platforms use the Ethereum Network because it was the first major DeFi-supportive network to gain mass adoption. With Ethereum gas fees as high as they are, front-running has become a major issue for those seeking flash loans.   The use of Ethereum for flash loans poses another serious risk. Ethereum smart contracts are vulnerable to reentrancy attacks, during which hackers withdraw all funds stored within a smart contract. This is done using an external smart contract that withdraws funds multiple times before the withdrawn balance is confirmed.   Ethereum smart contracts are uniquely vulnerable to reentrancy attacks due to Ethereum’s Solidity programming language. Technical jargon aside, Ethereum smart contracts are only secure if coded in a very specific way. Minor mistakes can leave them highly vulnerable. In fact, a single misarranged line of code allowed hackers to steal USD 60 million of Ether in the infamous “The DAO” hack.   How To Avoid Flash Loan Risks   If a reentrancy vulnerability is found within the smart contracts of popular Ethereum-based DeFi platforms, flash loaners could lose millions. Needless to say, many are looking for DeFi solutions outside of the Ethereum Network. One alternative that has been gaining popularity recently is White Whale, the first cryptocurrency project to offer flash loan UST arbitrage within the Terra ecosystem.   Flash loans on Terra are much more secure than flash loans on Ethereum. This is because Terra is built using Cosmos, which powers several other popular projects like Binance Chain. Cosmos’ smart contract engine (CosmWasm) does not allow calls to external smart contracts, and Terra’s smart contract language is far more forgiving than Ethereum’s. This makes White Whale’s arbitrage system immune to reentrancy attacks.   As for frontrunning, it is an inescapable risk. The best course of action is to reduce its likelihood and the damage that it causes. Most front-running attacks are performed on the Ethereum Network by bots, which take advantage of Ethereum’s high and volatile gas prices. Switching to a network with lower and more stable network fees can greatly reduce frontrunning risk.   White Whale offers a sleek and easy web-app interface that makes arbitrage accessible to everyone.

Experts Create Apple AirTag Clone That Can Bypass Anti-Tracking Measures

Cybersecurity researchers have managed to build a clone of Apple Airtag that circumvents the anti-stalking protection technology built into its Find My Bluetooth-based tracking protocol. The result is a stealth AirTag that can successfully track an iPhone user for over five days without triggering a tracking notification, Positive Security's co-founder Fabian Bräunlein said in a deep-dive

DOCOMO Opens vRAN Verification Facility to Global Mobile Operators

TOKYO, Feb 28, 2022 - (JCN Newswire) - NTT DOCOMO, INC. announced today that it has begun allowing overseas mobile operators to access its Shared Open Lab environment, located in DOCOMO's R&D Center in Yokosuka, Japan, to verify their virtualized radio access networks (vRAN), effective immediately. The lab is one of the initiatives of the New window5G Open RAN Ecosystem (OREC) project under which DOCOMO and 13 leading global vendors* are working to develop truly flexible Open RAN capable of incorporating interoperable equipment of multiple vendors.

Shared Open Lab environment

Since its establishment last October, the Shared Open Lab has deployed virtualized base stations made with equipment from multiple OREC partners. The verification environment is now open to remote access by global operators, eliminating their need to prepare in-house verification environments.

DOCOMO believes the lab will help operators to greatly reduce overall costs, including constructing in-house labs and/or traveling to vendors' labs, for the verification of base station functions and performance prior to commercial deployment.

DOCOMO, which has been a leader in the development of Open RAN for many years, became the world's first mobile operator to launch a commercial 5G service via Open RAN in March 2020. The company's 5G Open RAN currently includes more than 10,000 base stations and more than 10 million subscribers. Furthermore, within fiscal year 2022, DOCOMO expects to commercialize highly flexible and scalable vRANs for international mobile operatorsa, including by leveraging the know-how and integrated strengths of its OREC partners.

DOCOMO looks forward to deepening its cooperation with an expanding range of stakeholders, including overseas mobile operators, via the Shared Open Lab. DOCOMO is committed to working with its OREC partners to develop further technologies and know-how for the increased adoption of Open RAN, vRAN and other open networks capable of responding flexibly and quickly to diversifying needs in the worldwide mobile communication market.

*The 13 members are AMD, Inc., Dell Technologies Japan Inc., Fujitsu Limited, Hewlett Packard Japan, G.K., Intel K.K., Mavenir, NEC Corporation, NTT DATA Corporation, NVIDIA, Qualcomm Technologies, Inc., Red Hat, VMware K.K. and Wind River

About NTT DOCOMO

NTT DOCOMO, Japan's leading mobile operator with over 83 million subscriptions, is one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies. Beyond core communications services, DOCOMO is challenging new frontiers in collaboration with a growing number of entities ("+d" partners), creating exciting and convenient value-added services that change the way people live and work. Under a medium-term plan toward 2020 and beyond, DOCOMO is pioneering a leading-edge 5G network to facilitate innovative services that will amaze and inspire customers beyond their expectations. https://www.nttdocomo.co.jp/english/.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comNTT DOCOMO, INC. announced today that it has begun allowing overseas mobile operators to access its Shared Open Lab environment, located in DOCOMO's R&D Center in Yokosuka, Japan, to verify their virtualized radio access networks (vRAN), effective immediately.

The Evolution of Play-to-Earn Games and the Top Five Games to Look Out For

The rise of blockchain technology has led to a paradigm shift in the gaming industry. Non-Fungible Tokens(NFTs) and cryptocurrencies allow for Play-to-Earn mechanics that let players earn revenue through in-game activity, turning the traditional Pay-to-Play model on its head. The King is dead, long live the King! Play-to-Earn games are one type of blockchain game in which players earn unique NFTs through in-game advancement. In blockchain gaming, players have complete control over their digital assets. In traditional games, the player may lose access to their collectible items if the server is shut down. However, blockchain gaming allows gamers to trade their items, sell them, or potentially use them across different games. The Play-to-Earn industry is on the rise. According to Forbes, Play-to-Earn games are generating billions of dollars through transactions involving NFTs. Popular games such as Axie Infinity, owned by the Vietnam based company Sky Mavis, boast 2.5 million daily active users. Axie was the first Ethereum based NFT game to reach 1 billion USD in sales last August. The major game studio Ubisoft also incorporated NFTs in its latest release, Tom Clancy’s Ghost Recon. With the introduction out of the way, here are the top Play-to-Earn games to look out for in 2022. Apeiron A cross between god-game simulations and card-based Action Roleplaying Games (ARPGs), Apeiron has many perks that put it high on the list. Inspired by classic god games such as Populous, Black and White, and Spore, the game incorporates a dynamic alignment system that allows players to choose what kind of god they wish to be in what they describe as a “mystical and variegated universe”. One strength of the game is in its tri-token structure. Many popular NFT games have two tokens; one that serves as an in-game currency and a limited Proof of Stake governance token that acts as a company share. Apeiron introduces a third form of currency to promote high-level gameplay. The third currency rewards team play and Guild level competitions, staving off deflation with seasonal large-scale events and allowing for a dynamic economy in the late game stage. Another strength is the game’s integration into the NFT Metaverse. Apeiron has sights set to an integrated virtual world where players will be able to use their assets from other web3 projects in Apeiron. Lastly, Many popular games require the purchase of NFTs to enter the game, whereas Apeiron will be introducing a new Free-to-Play, Play-to-Earn ethos that allows for new players to join free of cost and earn their way through the game. With its solid fundamentals, forward vision, and flashy design, Apeiron has earned its spot on this list. Cradles: Origin of Species Promising to disrupt the entire blockchain gaming world, Cradles: Origin of Species is a virtual reality game that allows the player to immerse themselves, take the form of any species, and explore their vast virtual world. In addition to roleplaying features, the game allows the player to build an entropy-increasing world. Players must ensure the normal operation of the whole world ecosystem and urban area or they risk chaos and disorder. Comprised of a Main city and Adventure zone, the game promises unsurpassed freedom and creativity. The player travels between zones and through time to gain, trade and craft items to advance their character and their city. You can also be a dinosaur – a key reason why it’s made its spot on this list. BlockLords This grand strategy game set in medieval Europe allows players to create heroes, amass an army, and conquer the metaverse. Through trade, conquest, and earning taxes on sales, gamers can create in-game, player-run governments. The limited number of cities on the map ensures fierce competition among players. The game’s grand strategy outlook and stark medieval vibes earn it a definite spot on this list. Metasoccer  This game combines the lucrative worlds of video games, soccer, and sports betting to create an intriguing entry into the blockchain gaming industry. It allows two different roles for the player: owner, and manager, each with unique gameplay mechanics. It also allows players multiple paths for generating revenue. Including finishing the season on top, selling players, renting your stadium, betting, and of course, winning matches. With its popular subject matter, sleek design, and myriad avenues for earning crypto, Metasoccer is sure to make an exciting debut into the metaverse in 2022. Blast Royale This game pits players against one another in a survival-style match in which players fight using pre-selected equipment. The equipment is in the form of NFTs and is essential to determining the success of a player within a match. Blast Royale includes billions of pieces of unique equipment that players can deploy, all of which affect the performance and character of players. Players can create new equipment through two equipment pieces, repair equipment, earn experience for their equipment and upgrade equipment. Blast Royale’s metaverse allows for an infinite number of possibilities, and we are all in.

Society Pass (SoPa) Adds Vietnam’s Handycart To Its Next-Generation Digital Ecosystem and Loyalty Platform

SINGAPORE, Feb 28, 2022 - (ACN Newswire) - Society Pass Incorporated (SoPa) (Nasdaq: "SOPA"), a leading Southeast Asian data-driven loyalty platform today, announced that it has acquired Dream Space Trading Company Limited ("Dream Space"), the operator of Handycart, a leading online grocery delivery service based in Hanoi, Vietnam. The newly acquired company will be integrated into SoPa's F&B delivery vertical with SoPa's existing merchant software platform #HOTTAB. Handycart founder and CEO, Seo Jun Ho, has been named Head of the new Business Unit managing both Handycart and #HOTTAB in Vietnam.

Founded in 2019, Handycart is an online grocery delivery app with its own fleet of delivery vehicles that focuses on servicing the Korean restaurant market and F&B sector in Hanoi. Korean food and pop-culture have taken Vietnam by storm, driven by the growing "Korean Wave", a recent survey by market research firm Q&Me found that 58 percent of Vietnamese favor Korean cuisine.

Commenting on this strategic step, Ngo Thi Cham, SoPa Vietnam Country General Manager, said, "We are excited to welcome Handycart to our larger SoPa ecosystem which will enable it to harness our integrated marketing and technology proposition while also strengthening our collective senior management resources. We endeavour to combine the robust technology and operational efficiency of a specialty ecommerce brand like Handycart with our brand building experience. SoPa has witnessed, with our runaway success of Leflair, in Vietnam, that this move will lead to immediate returns in terms of cost optimisation and increased revenue generation. We are determined to increase merchant coverage to 500 restaurants in Hanoi by the end of 2022 and look to expand to HCMC in 3Q 2022."

Leveraging on SoPa's integrated technology platform to drive operational efficiencies and business performance Handycart will focus on dramatically increasing on-demand grocery shopping services to more consumers in the country, while empowering specialty F&B restaurants to transform business models and further tap into online markets.

Seo Jun Ho, CEO of Handycart said, "Handycart was established in 2019 with a mission of connecting Korean patrons seeking a taste of home through its established network of authentic Korean restaurants right here in Vietnam. Providing businesses with speedy access to authentic Korean products has helped us gather a loyal user base of over 3000 with more than 26,000 orders in 2021 alone. SoPa will now be able to accelerate Handycart's growth given our well-established positioning as a go-to online grocery delivery service. Partnership with Society Pass will enable us to unlock growth opportunities within the industry and I am glad that Handycart can now avail itself of SoPa's synergistic ecosystem."

Vietnam has been one of the fastest-growing economies within SEA over the past two decades. The country's e-commerce is growing tremendously, valued at 13.2 billion USD, it is expected to grow steadily from 2021 until 2025.

Focused on growing its operations in the VIP (Vietnam, Indonesia, and Philippines) markets, SoPa is an acquisition focused ecommerce holding company operating across 5 interconnected verticals (lifestyle, F&B, travel, merchant software and loyalty) with 6 unique business units connecting millions of consumers and thousands of merchants in Southeast Asia. Handycart is the group's third acquisition in Vietnam following its acquisition of ecommerce marketplace Leflair and merchant POS and business app #HOTTAB.

About Society Pass

Society Pass is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets. Its business model focuses on collecting user data through the expected circulation of its universal loyalty points. It seamlessly connects consumers and merchants across multiple product and service categories fostering organic loyalty.

Since its inception, SoPa has amassed over 1.6 million registered consumers and over 3,500 registered merchants/brands on its platform. It has since invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its Platform's consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz - a convenient order management app for business partners on SoPa.asia, and #HOTTAB POS - a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user's profile analytics, and convenient financial support packages for small and medium-sized enterprises. All tools offered above will allow businesses to attract and retain customers through personalized interaction based on analytics with a high profit margin.

In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, and Pushkart.ph, a popular grocery delivery company in Philippines. For more information, please check out: https://thesocietypass.com/

Media contact
PRecious Communications for SoPa
[email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comSociety Pass Incorporated (SoPa) (Nasdaq: "SOPA"), a leading Southeast Asian data-driven loyalty platform today, announced that it has acquired Dream Space Trading Company Limited ("Dream Space"), the operator of Handycart, a leading online grocery delivery service based in Hanoi, Vietnam.

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