Washington, USA, Feb 16, 2022 - (ACN Newswire) - MicroPets, one of the most popular crypto projects on Binance Smart Chain with over 68,000 holders, has announced a massive overhaul to their rewards system. Although the changes just rolled out, MicroPets has already experienced a 100%+ increase in their price within a short period.

Rewards Changes

Like nearly every NFT staking project out there, MicroPets rewarded its native asset ($PETS). Since inception the team had given out an estimated $10.5MM in rewards–That's just three months! Despite the team hitting an all time high of $207 million, the selling pressure from rewards was a constant drain on the price.

The new rewards changes are a game changer and have been called genius by members within their own community. The team has dramatically limited rewards in $PETS tokens and instead gone with a completely different approach that combines NFT burning with BNB rewards.

The MicroPets team created two distinct pools: Unevolved and evolved. Investors who choose to receive $PETS rewards receive a tightly controlled quantity on a monthly basis. However, with the evolved pool, users receive BNB rewards in addition to the ability to buy $PETS tokens with BNB completely tax free. The result is a green wall that enables investors to dollar cost average their BNB rewards with a 0% buy tax while helping pump the chart at the same time.

Evolution

Knowing the NFT supply was high, the team incentivizes users to burn an NFT to begin the evolution process. Pairing an NFT with one of equal or higher rarity, the user burns one of the two and the NFT enters a 14 days incubation period. After, the user collects the Evolved NFT, which then enters the BNB staking pool.

The result? A reduction in NFT supply, less reward demand due to the incubation period, and a great pump, especially when you consider the team has put 800 BNB in the Evolution pool for the first 30 days. As of this writing, the reinvestment rate of BNB rewards is 85%, which is an incredible metric.

Data-Driven Decisions

The team has also brought on another key role that will support them in analyzing their blockchain data, ensuring live statistics on everything from rewards and reinvestment rates to pet prices, in addition to all major financial decisions. Such practice is a rare sight in the world of Decentralized Finance (DeFi), yet puts MicroPets in a class of its own. This level of transparency and insights is simply very very uncommon.

In fact, the team plans to use these key metrics to reward the right actions regarding the reward systems, ensuring a 30 days review with the community with performance goals.

P2E Innovation

MicroPets Runner is due out this quarter and is developed by a renowned app development firm. Recognizing that nearly every P2E game funds its own demise with its rewards systems, the MicroPets team has opted for an approach not yet seen in the space. Leveraging P2E as a marketing funnel, the team will draw in new users with free pets while leading them through the complete buying process as they work to acquire their first paid MicroPet.

How's this unique? First, the team will have a shop that's refreshed every 30 days that's powered by smart contracts. The shop will have 3D NFT's among other items players can claim in addition to a raffle ticket type system that enables smaller investors to still have fun and potentially earn as well!

The team will combine the best aspects of both Web 2.0 and Web 3.0, creating a rewards system that doesn't lead to excessive selling pressure while acting as a monthly draw for players to check out the refreshed shop!

Metaverse Expansion

The MicroPets team will be building its own metaverse expansion, named Petropolis, and is already working on telling the story of that vision using award-winning animation studio.

In Petropolis, MicroPets investors will be able to leverage their 3D NFT portfolio and land assets within a community-driven ecosystem and economy, all powered by the Petropolis token. Planned are six different land types, each with their own unique city, gathering & crafting resources, and more!

Upcoming Exchange Listings

Coinciding with the major upcoming releases for the MicroPets project and their upcoming P2E game are additional exchange listings. In fact, the MicroPets team has found a key partner that's guiding them on an "exchange blitz" that's designed to consistently move the project up the various exchange tiers, further driving visibility and awareness amongst several key markets, such as China.

Conclusion

The MicroPets team is poised for great success considering the recent changes to the rewards systems. The chart and resulting price action has spoken for itself thus far alongside the enthusiasm from the community. With everything else the team at MicroPets is working on, the future is bright and ripe with opportunity.

About MicroPets

MicroPets has taken the hottest memes in the crypto space, from Doge to Floki, and transformed them into loveable 3D NFT's. Users purchase MicroPets tokens on PancakeSwap, visit their custom-built dApp and then purchase a crate. Inside of the crate is a random 3D NFT, each with their own unique rarity and staking multiplier. The rarer the NFT the better the rewards. The team also has an upcoming Play-To-Earn (P2E) game in development by a renowned app development company, set for release this quarter. Thus far, the team has sold tens of thousands of 3D NFT's.

Social Links
Telegram: https://t.me/micropets
Twitter: https://twitter.com/micropetsbsc
Instagram: https://www.instagram.com/micropets.bsc/

Media Contact
Brand: MicroPets
Contact: Matthew Johnson, PR Director
Email: [email protected]
Website: https://www.micropets.io

SOURCE: MicroPets

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

Coinboard, a licensed crypto and forex trading platform equipped with one of the finest copy-trading software, was born 5 years ago when a group of individuals joined forces with an objective to educate, empower and facilitate individuals in the expeditious financial market using advanced and efficient tools.

Becoming a crypto trader might be intimidating for newbies. Copy trading simply implies mimicking the methods of renowned traders or influencers, which includes directly copying another trader's positions. In this approach, investors pick how much money they want to invest and then mimic the positions taken by the trader they are following. As a result, the investor receives the same returns as the traders. So you may possibly generate money off of the abilities of others.

One significant advantage of copy trading is that even novices who find becoming a crypto trader challenging could invest like an expert. Furthermore, individuals can invest in cryptocurrencies that they have never heard of or know very little about.

What makes Coinboard better than others

Coinboard emphasizes its customers' convenience and has provided over 100 payment methods to over 150000 trust-building accounts. Coinboard has developed one of the smartest Copy Trader tools, allowing individuals to mimic expert investors.

Furthermore, Coinboard is constantly expanding its library, which now has around 150 e-books, video lessons, articles, blogs, and other educational resources for users to self-learn and unlock their potential. Coinboard continues to grow for the benefit of the trading community, with a wide pool of strategy managers and ECN accounts available.

Coinboard has its own investor Facebook page, where members connect and exchange ideas, trading methods, and insights to assist novices. It also links users with other traders and investors.

Other major features of Coinboard include:

• Safe Storage of Funds

• Licensed System

• Multi-Regulated Platform

• Free Deposits and Promotional Offers

• Quick Help

• Free Insurance

• Low Fees and 0% Commission

• No Hidden Charges

• Demo Account at Minimal Charges

Coinboard Services and Productivity

Moreover, Coinboard provides one of the finest services in the industry to suit the needs of its customers. Coinboard listens to them, helps them, and tries to collaborate with them. They have a skilled team that goes to great lengths to maintain a problem-free workplace.

• Coinboard provides a simple way to withdraw and deposit cash.

• It provides a mechanism that automatically safeguards the user's money, thereby tailoring risk management.

• Coinboard provides a wide range of technical assistance to clients in order to help them with their trading needs. It suggests ideas for improving processes and avoiding blunders.

• Coinboard provides a platform where users may stay up to date by receiving real-time notifications and live interactive newsfeeds.

• Coinboard provides comprehensive analytical tools from which users may obtain all types of data analytics to boost their tactics.

• Coinboard provides services in a variety of languages to facilitate cross-cultural contact.

Coinboard's Trading Environment

Coinboard is equipped with a sophisticated NDD platform that interacts with numerous suppliers to provide users with access to bank liquidity and rapid rates, allowing them to get the most out of their trading.

Tight markets may be stressful, but Coinboard makes it easier for users. Coinboard recommends a Forex broker with tight spreads; the initial trading price is up to them, and Coinboard provides an edge at the beginning. It is up to the user to make the most of 0.1 pips.

Users using the Coinboard platform do not have to worry about executions. Transactions are completed quickly and at the best possible pricing and promotions.

Coinboard promotes Algorithmic Trading, in which a trader develops a new strategy and applies it to an automated trading system. It will continue the trading process for users even if they are not available.

Market events are crucial for each trader since they confirm the opening and closing hours of the exchanges. Depending on the asset class and exchange, each instrument will have a separate opening and closing hour. Coinboard promotes and empowers users to keep a close eye on the trading hours so that they may maximize their profits.

Coinboard Privacy and Security

At Coinboard, your earnings and funds are kept safe. Every coin earned through trade is deposited into a separate account. Even if there is a security breach or fraud, it will be secure and safe. Furthermore, customers' money are never utilized for Coinboard's profits, since this violates Coinboard's code of conduct.

Advanced Encryption protects user information. Advanced encryption protects the communication channel between traders, eliminating the chance of data leaking. Unless compelled by law, Coinboard never discloses any information.

Coinboard is a platform that is multi-regulated. FINRA (United States), ASIC (Australia), and FCA (Financial Conduct Authority) all have rules that Coinboard adheres to (UK).

Coinboard Vision

Coinboard's goal is to instruct, encourage, and empower individuals to grow their knowledge and fortune in the fast-paced financial market.

With copy trading, new investors don't have to learn about trends, charts, or make the difficult decision of whether to purchase, sell, or hold one of the various assets accessible to them. Instead, they can pick an investor who has consistently produced high returns and replicate their moves in their own portfolio. By doing so, Coinboard will establish a barrier-free trading corridor to make trading convenient for everyone.

About Coinboard

Coinboard began five years ago as a small group of individuals who wanted to help individuals with Forex and Cryptocurrency trading leveraging modern and efficient technologies. Their efforts and hard work have resulted in them being a prominent trading corporation with a respected global reputation. Coinboard has overcome all difficulties for the good of the firm and its users since 2017.

Coinboard used to have a simple platform, but now it has a user-friendly trading platform, a social trading platform, a variety of trading marketplaces, copy trading, and much more.

References:

https://uk.trustpilot.com/review/coinboard.pro

https://www.provenexpert.com/en-us/coinboard-pro

Media Contact:

Coinboard Pro

[email protected]

1 CANADA SQUARE, LONDON, ENGLAND E14 5AB

Risk Warning:

Please consider spread, possible volatility, and margin cushion before choosing an instrument to trade. Remember that trading in derivative financial instruments carries a high level of risk.

Disclaimer:

The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a Professional financial advisor before investing or trading securities and cryptocurrency.)

The SOC-2 certification validates that customer data is protected and that vFairs effectively manages security, availability, processing integrity, confidentiality and privacy of its customer data.

(PRWeb February 15, 2022)

Read the full story at https://www.prweb.com/releases/vfairs_announces_soc_2_compliance_certification_upholds_stellar_customer_data_responsibility_controls_as_per_recent_report/prweb18497335.htm

Potion Unlock, a novel release model for decentralized Protocols registered sales of $12 million last January, from renowned DeFi firms and individuals. The Potion Labs team behind the project had previously raised $3.2M in August 2020 from top tier DeFi investment firms.

The project attracted interest from experienced DeFi parties such as Polychain, Placeholder, Pantera, Maven 11, The LAO, MetaCartelVentures, ParaFi, Spartan, Robert Leshner and Tarun Chitra, Fernando Martinelli, Synthetix founders, Crypto Plaza, Roble VC, CULTUR3, Lemniscap, Zee Prime, beToken Capital, among other reputed parties in DeFi.

The $12 million sale is part of a limited pre-release of an upcoming NFT collection that is about to launch as part of ‘Potion Unlock', a novel on-chain community consensus challenge that will take all the protocol code into the public domain. The game is aimed at accelerating decentralization while creating a well defined regulatory framework for dev teams and participants.

In addition to this initial sale, a broader public NFT sale will also take place, and be open to the wider community. Finally, a % of the collection is also being made available to project OG members, who will get an allocation of NFTs in recognition for their contributions to the community. 

The team plans to continue doing research and development in the Web3 space, and is committed to continue working on radically new and high quality public goods.

“We are excited about the opportunity to introduce a new class of services built from the ground up by the community for the community. We believe in a community-first approach to creating radically new technology aimed at helping users in DeFi manage the risk of their assets in a simple and reliable way,” said Guillem Mosquera, PotionLabs Co-founder, and CTO.

"We are deeply grateful to all the great ecosystem community members who decided to support our vision and team at this crucial step. We are experimenting with new approaches to sustainable web 3 public good funding, and are lucky to have innovative supporters in our community willing to enable our explorations. We are excited for them to continue playing a key role in this project's community and beyond," said Jordi Muñoz, PotionLabs Co-founder and CEO.

"Extremely sophisticated on the backend, surprisingly simple on the frontend, Potion ushers in a new era of risk management for DeFi liquidity providers (LPs) and consumers. By using the Kelly Criterion, Potion allows LPs to optimally price options according to their desired risk and yield parameters. Then, by aggregating all individual LP curves, Potion offers the best-priced options to the consumer. When people say DeFi 2.0, Potion sits at the top of that list," said Chris Burniske, Partner at Placeholder.

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About PotionLabs

PotionLabs is a web3-native research and software development company that has developed a robust risk management layer for crypto assets, the Potion Protocol. It pioneers a new risk pricing model based on the Kelly Criterion, that results in long-term survival mathematical expectations for LPs and deeper, more reliable liquidity markets for users. The project is launching shortly through a release mechanism based on NFTs. More on Potion.Finance here: https://potion.fi

PotionLabs Contact

[email protected]

    

The EWF is inviting you to take advantage of their special early bird rate for the 2022 Annual Conference!

(PRWeb February 14, 2022)

Read the full story at https://www.prweb.com/releases/the_2022_executive_womens_forum_annual_conference_will_be_in_person_for_the_20th_anniversary_celebration/prweb18494629.htm

Intel announces a new blockchain chip hardware. Specially focused towards blockchain for BTC mining and NFTs minting.  New blockchain chip

The post has appeared first on thenewscrypto.com

The offering combines two NFT & metaverse marketplaces, a social platform for fan tokens, avatars, and white label solutions on a one-stop-shop virtual ecosystem. LOS ANGELES–(BUSINESS WIRE)–First paragraph, second sentence of release dated February 10, 2022, should read: The announcement follows a $20 million raise during its seed round, with investors including Riot Games Head […]

The post CORRECTING and REPLACING Ethernal Labs Raises $20 Million in Seed Round to Continue Building an NFT Tech, Metaverse, and Play-2-Earn Gaming Giant Based on Ethernity’s Licensed IP appeared first on Fintech News.

Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York.  This week they discuss the latest inflation report, oil price volatility (recorded before Friday’s reports that US expects Russia to invade Ukraine), and Bitcoin.  They also discuss what the week ahead has in store for […]

Wall Street has an inflation hangover as higher rates continue to drag tech stocks down.  US stocks were trying to stabilize as yields came in. Yesterday’s inflation shocker has many bond traders believing the Fed is behind the curve and will be delivering several rate hikes.  Many Fed members feel inflation will meaningfully decelerate later […]

San Francisco, USA, 11th February, 2022, Chainwire LegionFarm, a Y-Combinator-backed startup based out of San Francisco announced that on February ...

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Radicle Science launches several blinded placebo-controlled clinical trials on rare cannabinoids with 10,000 participants in the first half of 2022 on the heels of completing 25 large-scale CBD studies in 2021. SAN DIEGO–(BUSINESS WIRE)–#cannabinoids—Radicle Science, a transformative healthtech B-corp validating health and wellness products for the first time, will launch history’s first large-scale, blinded, placebo-controlled […]

The post Radicle Science Makes History Again With First Large-Scale Clinical Trials on Rare Cannabinoids, Including THCV, CBN, CBG, and CBC appeared first on Fintech News.

Oil Crude prices have been in a ping-pong session over the past couple of days as energy traders monitor headlines regarding the Russia-Ukraine geopolitical conflict and Iran nuclear talks.  The Biden administration reached out to the Saudis but was unable to make any progress in getting oil prices down. The Saudis are sticking to their […]