The firm has brought forth the project to make NFTs more accessible to users. The marketplace will be similar to OpenSea, but it will also offer trades of fractional digital assets worldwide.

Piqsol has identified how the crypto-based niche of NFTs is growing into the world's financial scene. Therefore, they aim to give interested parties from any part of the world an equal chance to acquire a part of the hottest trend in the cryptoverse right now. Fractional NFTs will ensure that it is possible by giving people who may not afford these assets an opportunity to own them.

Currently, lucrative NFTs have accumulated values that could be beyond the pockets of most merchants. For instance, purchasing a BAYC NFT could cost a fortune, discouraging people from making the ‘buy' step. According to recent statistics, NFTs could be sold for values as high as $91M, an example of how expensive they are. In 2021, Dappradar revealed that the NFT trading volume in the third quarter of the year hit over $10B. These values are undoubtedly discouraging for people who do not bag the regular million-dollar income.

Such barriers birthed the ideology of creating fractionized NFTs to make it possible for several parties to own tokenized assets. That way, the owner of the NFT can seamlessly distribute parts of their assets in terms of tokens according to their contributions.

Piqsol plans to solve such issues by creating a marketplace where users will circumnavigate the issue that is buying these ‘high valued' digital assets. Additionally, the startup assures merchants that the marketplace will not be as challenging to use as the digital marketplaces available in the industry nowadays.

“The PIQSOL project will revolutionize NFT adoption for the masses, it not just reduces costs it drastically reduces the learning curve” explained Priven Reddy, Founder of PIQSOL. “This is the world's first fractional Solana NFT marketplace and it is huge for the industry and creates new revenue streams, new onramps, and a move towards fractional ownership that was never really within the reach of newbies, the lower-income, or middle-class consumers. It truly democratizes high-value NFT ownership.”

Pisqol has also given an insight into how the NFT marketplace will look like, revealing the availability of options like buying, selling and minting NFTs. Other features include a multichain minting network and an NFT authenticity service provided by a highly acclaimed third-party security service provider.

The platform is also planning to launch its token, dubbed PIQSOL, which will help holders to access fractional NFTs with high growth potential easily. 

About PIQSOL Technology Holdings

Piqsol holdings is a technology firm seeking to provide the global market with solutions to problems that curb NFT trades. The company entails a tech-oriented team with over 15 years of experience in developing softwares and mobile applications. Their long term plan is to integrate its utility token, PIQSOL, into the metaverse and other gaming platforms. Piqsol has announced an imminent limited offering pre-sale that will commence at an unannounced date this February.

To find out more about Piqsol's future plans, visit their social media handles and website via the following links;

| Facebook | Twitter | Instagram | Discord | Telegram | Reddit | YouTube | Website |

According to the Bloomberg report, Voyager Digital Ltd. is planning to launch a feature later this year that will allow customers to buy traditional stocks using stablecoin USDC. Voyager’s new offering is a result of a joint venture announced in May with Market Rebellion to operate a regulated broker-dealer, which will handle equity trades on […]

Read full post Voyager Digital Ltd. is planning to allow customers to buy stocks using stablecoin USDC. on Chaintimes.com.

The finance minister announced a raft of digital economy support measures in her Union Budget 2022-23 speech.

The bitcoin mining infrastructure firm North Compute, that provides equipment hosting services within its data centers, has raised $385 million in equity and debt funding. The equity part of the funding, worth $85 million, was co-led by Mercuria, global energy and commodities trading company, and Generate Capital, an infrastructure investment firm. Other investors, including National […]

Read full post Bitcoin mining infrastructure firm $385 million to finance its new bitcoin mining data centers. on Chaintimes.com.

The great-grandson of Picasso recently started selling NFTs that was inspired by his grandfather’s work, however, he has issues selling them because of a family dispute that we read more about in our latest Ethereum news. About 10% of the NFTs offered on Origin Protocol were sold but then a family dispute derailed the branding […]

Which IP's will make it in?

The new digital bank will cater to the 4 million Intesa Sanpaolo customers already utilising digital-first services.

San Francisco, Feb 9, 2022 - (ACN Newswire) - Wikisoft Corp. (the "Company," "we," and "our") (OTCQB: WSFT) today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.
The proposed transaction would include full global access to Etheralabs LLC's disruptive technologies across the Blockchain and global funding landscape. With the majority stake, Wikisoft plans to ensure that Etheralabs future product and technology roadmap supports Wikisoft's platform strategy. The parties intend to enter into a binding agreement after consultation with their respective legal counsel. Wikisoft Corp. plan to fund the acquisition with equity, thus providing the Company the optimum financial flexibility in the future. Wikisoft's Board of Directors has given a commitment to approve the transaction.

Carsten Kjems Falk, Chief Executive Officer of Wikisoft Corp. said, "Etheralabs LLC's disruptive technology and products are expected to provide an outstanding opportunity to expand Wikisoft's global reach with superior technology and high value-add products. This includes but is not limited to the blockchain technology for the upcoming wikifunding platform enabling startups to connect to the blockchain community, investors and venture capital. Furthermore, the AmpliFi press release distribution service is expected to be accessible to the 90 million businesses now held in the Wikisoft database, providing global reach to any of those companies. Our greater scale, broader product offering and geographic exposure should accelerate our growth and provide greater earnings diversity." The Company expects the proposed transaction to be accretive to earnings realized over the two years following the acquisition.

Bryan Feinberg, CEO and Founder of Etheralabs said, "Wikisoft's capabilities coupled with our background in transforming large data ecosystems into vibrant communities creates a definitive way to leverage our background to accelerate Wikisoft's entry into the global blockchain market and look forward to our ability to leverage Wikisoft's unique architecture and data environment into an active and vibrant venture community."

About Etheralabs LLC

Etheralabs is New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain landscape. Etheralabs fast-tracks ideas into solutions that help high-growth companies with a focus on capital appreciation and scale via early-stage identification and accelerated resource deployment. The acceleration model lays the foundation for taking promising IP from both concept to company and from revenue to profitability, culminating in a fully functioning portfolio venture that is ready to attract follow-on funding, an acquisition partner, or to operate as a standalone company.
More information can be found at: https://etheralabs.io

About Wikisoft Corporation

In today's fast-moving business world of increasing globalization, Wikisoft leverages big data and associated insights from business datasets to improve performance.

In line with this new phase of globalization, Wikisoft believes that there is a growing demand for access to credible and reliable business data. Data is essential to creating the complete view of customers, prospects, investors, suppliers, and partners necessary to power the right decisions.
Our vision is to create opportunity globally by collecting precise data, curating it, verifying it and putting it in the hands of professionals and businesses as consumable business intelligence. We believe in the power of Wikisoft to collect massive amounts of data and deliver it to businesses curated, credible and reliable.

CONTACT:
WikiSoft Corp.
315 Montgomery Street, San Francisco,
CA 94104, USA
Phone: +1-800-706-0806
Email: [email protected]
Investor site: www.wikisoft.com

SOURCE: WikiSoft Corp.

FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comWikisoft Corp. today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.

Dexalot is a unique decentralized platform that has the goal to deliver the traditional centralized exchange platform experience through a decentralized application on-chain. You only need your crypto wallet. There are no intermediaries, swift transactions, and no custodial ownership. Users can maximize their investment with low fees and with new features in the future and [...]

The post Dexalot: Brings CEX Functionality to a Decentralized Trading Platform appeared first on Blockonomi.

The Amsterdam-headquartered international payments platform, Adyen recently announced its financial results for the second half of 2021.

Robinhood says it has no immediate plans to add new tokens, but guarantees to be committed to new assets. On Wednesday (26), Jason Warnick, chief financial officer at Robinhood, said the company has no immediate plans to add new cryptocurrencies — a decision that will disappoint holders of shiba inu (SHIB) and other tokens that […]

The post No Shiba Inu: Robinhood will not list new cryptocurrencies for now appeared first on Update on Bitcoin.

HONG KONG, Feb 9, 2022 - (ACN Newswire) - Recently, XanPay announced a partnership with SWAG, a leading online entertainment interactive brand, to launch new alternative payment methods. Online entertainment experienced exponential growth during the pandemic. According to a related report, the worldwide traffic of online entertainment has grown substantially during the COVID-19 period. The increasing number of people working from home and restrictive social distancing measures has made online entertainment avenues extremely popular.

SWAG gained the upper hand against its competitors during this period partnering with a payment gateway specialized in alternative payment methods, XanPay.

Challenges of Online Entertainment Platforms in High-Risk Industry

SWAG is one of Asia's largest online entertainment interactive brands. The Taiwan-based company started in 2017 with a team of 80 employees. They have come a long way to establish themselves as the leader in the region.

For those who are unfamiliar, there are major challenges and taboos that the alternative online entertainment space constantly faced for decades:

• Many financial institutions (FIs) consider merchants in this industry as 'high-risk'
• 'High-risk' merchants faced extreme scrutiny and long approval lead times
• Payment gateways that are accepting of these merchants usually charged exorbitant fees, sometimes nearly 20%
• Unnecessary and tedious paperwork and processes
• Perceived as risky business due to the high possibility of high chargeback

It wasn't any different for SWAG and they encountered many such obstacles over the years, but they continued to look for solutions that support the online entertainment content creator industry. Research shows that local payment methods or alternative payment methods (APMs) are 3x more popular than credit cards across APAC.

So, they began to look for local payment gateways which provided alternative payment methods (APMs) across Asia. However, issues like poor API integration documentation and having payment gateways that disappeared without response - made it difficult for them to break into new markets.

Reliable Payment Gateway in the APAC Region

When OnlyFans announced an official ban, the SWAG team onboarded many of the online entertainment content creators. They were determined to provide a reputable source of entertainment as well as income to their content creators.

After getting to know about XanPay, SWAG integrated and went live with new payment options within a week. Immediately, they observed payment adoption from across 8 new countries. Singapore, Malaysia and Hong Kong became their biggest markets in this region. Additionally, the number of payment issues reported by users had also drastically reduced.

Since then, XanPay accounts for up to 90% of their payment transactions in the new markets that they expanded to.

Key Highlights

• Generated revenue from 8 new Asian countries within a month of integration
• About 50% of the transactions are from XanPay vs non-XanPay
• Grew their revenue and transaction volume by 5% within 3 months of integration
• of payment issues reported by users drastically reduced
• Ability to focus on bigger marketing and expansion plans
• Acquired new users with XanPay processing up to 90% of the transaction volume in SEA

Quote section

"XanPay is our one-stop payment gateway in Asia. They solved our pain points. Not only are we able to reach new users and markets, but our alternative payments in the SEA region are also now managed by them, which is amazing." - Allan Lei, CTO of SWAG

Payments, Streamlined

XanPay has become their one-stop payment gateway solution using the full checkout page option. By getting the right payment gateway, the SWAG team gets to focus their efforts on bigger business plans.

SWAG now aimed to deepen its reach into Vietnam, Thailand and Indonesia.

About XanPay

XanPay is a unique payment gateway specialized in serving global customers locally. XanPay partners with organizations and small businesses to scale quickly and achieve outcomes through modern cross-border payment solutions. For XanPay, modern means widely adopted, seamless, convenient and secure. As a fast-growing payments company, XanPay built connections across 490 local banks in over 10 countries, enabling any businesses in the ecosystem to accept easy payments competitively. Shaping the next-generation payments landscape by bringing greater financial access.

For more information, visit
LinkedIn: https://www.linkedin.com/company/xanpay/
Facebook: https://www.facebook.com/XanPayOfficial
YouTube: https://www.youtube.com/channel/UCOmtkZ6cwwamzmQ_iViuzeA
Website: https://xanpay.com/

Media Queries
Carrine Eng, Marketing & PR Manager
Email: [email protected]

SOURCE: XanPay

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com