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June 18th Deadline: Celo Foundation Wave IV grants program

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The Celo Foundation, a nonprofit supporting the development of the Celo open blockchain platform, recently announced a new grants program. Providing entrepreneurs with capital along with mentorship to projects that are accelerating technical development and expanding the Celo ecosystem; the Celo Foundation grants program is an open initiative where anyone is encouraged to apply.

Grants are based on four key areas: 

  • Fostering innovation and development of the Celo platform and Celo reference wallets.
  • Lowering barriers to entry, encouraging the accessibility of Celo to developers and end-users.
  • Educating and expanding Celo’s global community.
  • Expanding Celo’s access, opportunity, and impact.

Following the Celo mainnet launch last year, the Celo community ecosystem has been growing. To date, the Celo Foundation grants program has supported 90+ projects in 54 countries, with a value of $4.9M in funding across the last three waves. The last wave generated strong interest with over 170 applications.

Applications for Wave IV of Celo Foundation grants can be submitted here.

The deadline to submit applications is June 18, 2021.

The Celo Foundation is now pleased to invite developers, designers, dreamers, and doers across the world to work on some of the key priorities for the Celo ecosystem. For ideas that are not represented in the list below, feel free to submit it or join the #grants conversation on Discord for feedback.

Lowering Barriers to Access

  • On/off ramps: Proposals to provide users with more options to easily and compliantly purchase, sell, and use Celo assets; including cUSD and cEUR with fiat currencies.
  • Multi-chain wallets: Proposals from multi-chain wallet providers to add Celo assets that will help connect other digital asset users with Celo.
  • Open APIs for accepting cUSD and cEUR online: Proposals to make it easier for online merchants to accept cUSD and for users to spend their cUSD and cEUR without having to go through an off-ramp. Also, related, proposals for eCommerce plugins that leverage APIs such as WooCommerce, Shopify, and BigCommerce.
  • Agent networks: To promote financial inclusion, agent networks play a key role in educating users and giving them access to crypto-assets, Agent networks in some of the key emerging markets to promote the use and adoption of Celo can further benefit the larger Celo Community.

DeFi

  • Community funding platform: Entrepreneurs on the Celo platform would benefit from being able to raise funding compliantly and at a low cost. Proposals may include building a compliant platform that incentivizes liquidity providers and founders to participate in mission-aligned projects within the Celo ecosystem.
  • Lending/borrowing platforms: Lending platforms can help Celo’s core mission of building financial inclusion. Zero collateral and undercollateralized loans are particularly interesting as well as solutions that support credit markets like credit scoring, and insurance.
  • Liquidity management: Tools that help automate different strategies to manage liquidity for digital assets.
  • DeFi aggregators: One of the hurdles to DeFi adoption is accessibility and understanding from users. DeFi aggregators can simplify the user experience around interacting with DeFi protocols.
  • Tokenization of different asset classes: NFTs are being used to enable new asset classes on blockchains. The Celo Foundation would like to see more research around how to create and deploy new types of asset classes on Celo.

Creator Economy

  • Marketplace: Platforms for creators to launch their work directly to their communities using Celo blockchain.
  • DAOs: Mechanisms that enable collective ownership between creators, publishers, and their audiences.
  • Social media platforms: Platforms that leverage social relationships to enable collaboration between artists, creators, and their audience to drive co-creation, showcase, and exchange NFTs.

Payments

  • Credit cards and physical card-based solutions: Proposals that enable Celo users to earn rewards and/or spend Celo assets using payment cards.
  • Decentralized marketplace and/or use cases: allowing and educating buyers and sellers to interact and transact in a trusted, permissionless way.
  • Integrate payments with SMS/iOS messenger: More ways to transact via the Celo network through familiar interfaces to encourage accessibility.

Promoting Celo Adoption

  • Online directory where Celo is available locally: As the community develops more ways to access Celo assets, a regularly updated online directory would be helpful for users to know where they can access CELO, cUSD, and cEUR in their region.
  • Earning programs. Proposals that help users to earn Celo assets, for example, microwork.
  • Referral, rewards, and cashback programs: Proposals that enable Celo users to refer their friends and family, transact, and earn rewards using Celo assets.

Education

  • Localized technical and non-technical education and tutorials: Educational programs in native languages, specifically programs in Tagalog/Filipino, Spanish, Portuguese, Chinese, French, Turkish, and German, but all are welcome. Priority will be given to technical education for developers who are new to blockchain and Web3.
  • Incentivized and gamified-learning programs: Learning something new and technically complex can be challenging — that’s why the Celo Foundation would like to see programs that incentivize learning and/or leverage gameplay dynamics.
  • Content and education: Create and promote mobile-friendly programs that showcase the potential of Celo technology and its mobile-first approach. Some use cases for content include community currencies, natural asset-backed currencies, and universal basic income (UBI).

Community Building

  • Increasing awareness of the Celo platform, CELO, cUSD, and cEUR: Help the community onboard the next 1 billion Celo users. Blockchain still presents high barriers of access, and the Celo Foundation is looking for ideas to help overcome these barriers and make it easy for everyone to access the benefits of Web3. Especially ideas that target merchants and remittance users in emerging markets.
  • University student clubs: The Celo Foundation would love to support student groups worldwide in building blockchain education programs and curriculum according to their needs.
  • Community-based solutions: The Celo Foundation is interested in supporting teams that are working on any of the given requests through inclusive community-based solutions.

Technical

  • Offline transactions: Support for offline or local network transactions in the Celo blockchain client for use in wallets with low connectivity. For example, this would allow a user without internet access to send a transaction via a merchant’s retail POS or phone; using NFC, Bluetooth, or 2 QR code scans.
  • Privacy (identity and transactions): The Celo Foundation is interested in R&D and implementations around compliant ways to preserve privacy as it relates to on-chain identities and transactions.
  • Plumo provers: Plumo requires participants that can contribute computational resources to run Plumo provers to produce proofs and gossip them across the network.

Tooling

  • Blockchain monitoring: The Celo Foundation is looking for tools that make it easy for developers to listen to the Celo network and trigger other actions (potentially via webhooks).
  • Block explorers: There are a couple of popular Celo block explorers but block explorer diversity is an important part of a healthy blockchain network.

Research

  • Local currency toolkit: Local currencies backed by blockchain technology have the potential to reshape and revitalize communities. The Celo Foundation wants to support teams that are exploring what this might look like and how to execute it; as well as share their research with the wider blockchain and local currency communities.
  • CBDC sandbox: Central bank digital currencies are coming online. How can central banks leverage public blockchain networks, and how can they be onboarded? The Celo Foundation is looking for applications for projects that can help onboard central banks to Celo.
  • Bond issuance sandbox: This is related to tokenizing different asset classes yet focused on how to issue bonds on Celo.

Timeline & Key Dates

  • Application deadline: June 18, 2021.
  • Announcement of Celo Foundation grant recipients: July 21, 2021.

For more information:

Applications can be submitted here. For additional information and any questions, email grants@celo.org.

Source: celo.org

Source: https://www.cryptoninjas.net/2021/05/31/june-18th-deadline-celo-foundation-wave-iv-grants-program/

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The Bitcoin Water Trust Announces New Charity Model ‘HODL MODL’

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The charity will take donations in Bitcoin, hold them until 2025 and use the earnings to bring drinking water to those that do not have it. 

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The Bitcoin Water Trust is a newly formed trust from Charity: Water and is aimed directly at bringing drinkable water to places that have no access to it currently. The trust was established last week by the charity at the Bitcoin 2021 Conference. 

Now, the trust is looking to add some trendy terms to their project in the hopes of gaining more interest. The new charity model, HODL MODL, uses the popular acronym HODL or “hold on for dear life,” which has been a popular mantra for many crypto investors.

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That pretty much sums up the charity’s plan for their BTC donations, as they plan to leave it untouched until 2025. The idea is that giving today will yield a more significant impact in a few years if invested in bitcoin. 

Charity: water will utilize Gemini’s cryptocurrency wallet to accept donations of bitcoin along with holding said donations until the agreed-upon time. Additionally, co-founders Cameron and Tyler Winklevoss have pledged to match the first 50 BTC donated to The Bitcoin Water Trust.

The pair, along with the project they co-founded, are hyper-focused on ending the global water crisis. Currently, charity: water has provided clean water to 12.7 million people in 29 countries. Charity: water has been accepting bitcoin since 2014 but has thus far immediately sold the digital asset to fund new projects.

Through this new trust, they will hope to earn enough to save more by investing and make more of an impact on the 785 million people globally who still lack access to clean water.

Scott Harrison, CEO of charity: water stated that “We’ve been encouraged by the overwhelming support we have seen already for the Bitcoin Trust Initiative. By establishing this trust, we aim to harness the transformational power of this generational digital technology to make a lasting social impact, and in the process to provide a potential model for other charities who are working to do the same.”

Charity: water noted on their website that all staff and operating costs are covered by a group of more than 100 donors, known as The Well, who had already raised more than $500 million dollars for the project. 

Crypto charities gaining attention 

The non-profit also has some big names attached as donors, including skateboarding legend Tony Hawk who has been a backer for over a decade. Hawk says he believes bitcoin has the potential to find a home in charitable growth. Along with Hawk, charity: water has already found 100 donors to give at least one BTC to help meet the project goal of 100 BTC. Other notable members of the charity’s group of donors include Michael Novagratz, Barry Silbert, and Yoni Assia. 

The spread of cryptocurrencies has led these crypto-funded charities to gain a lot of traction in recent years. Two new projects, Elongate and Munch, recently raised more than $3 million for charitable causes. The Giving Block has also launched a new Crypto Giving Pledge, and The American Cancer Society has also begun accepting donations via cryptocurrencies.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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Matthew De Saro is a journalist and media personality specializing in sports, gambling, and statistics. Before joining BeInCrypto, his work was featured on Fansided, Forbes, and OutKick. With a background in statistical analysis and a love of writing, he takes an outside-the-box approach to reporting news.

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Source: https://beincrypto.com/the-bitcoin-water-trust-announces-new-charity-model-hodl-modl/

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Rapid Growth of NFT Platform Getart.io

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Getart has an ambitious goal of being the world’s largest digital marketplace for non-fungible tokens (NFTs), such as ERC721 and ERC1155 assets, as well as placeable cryptocurrencies.

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NFTs have introduced the world to digital art, collectibles, and memes. TechCrunch’s Founder recently even sold his apartment as an NFT.

The rise of NFTs has also played a role in the online gaming space, where players can collect NFTs represented as in-game assets. The ecosystem of NFTs is both fascinating and exciting.

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Getart’s objective is to allow users to buy, sell, and own digital assets. In the Getart marketplace, users will also be able to search for various NFTs.

The world’s most expensive NFT sales to date

In-demand NFTs are selling at exponential prices, some of the most expensive sales to date include:

  • Beeple Artwork ‘Everydays: The First 5000 Days’ sold at Christie’s Auction House for $69.3 million.
  • Twitter co-founder Jack Dorsey’s first-ever tweet sold for $2.9 million.
  • A crypto-collectible called Cryptocat #896775 – otherwise known as Dragon – sold for $1.2 million
  • Music artists Grimes has dabbled in the NFT space by creating and selling tokens. The most expensive token she has sold went for $400,000.
  • An NFT basketball card of Lebron James sold for $200,000

Getart’s unique features

Getart has been audited by RD Auditors. The platforms use of BEP-721 tokens within the Binance Smart Chain (BSC). This sets it apart from other marketplaces that predominantly reside on the Ethereum Network.

Getart’s NFT marketplace serves to exist as a multi-platform ecosystem that serves creators and collectors alike. With low trading rates, the marketplace is geared toward facilitating an innovative and secure place for users.

Other marketplace features include:

  • Gaming
  • Collectibles
  • NFT Book
  • Others including music, art, and virtual galleries.

GAX: the Getart token

To build a sustainable ecosystem for future project launches and users the Getart token, GAX, will allow users to buy and sell NFTs inside the namesake marketplace. GAX is also accessible on the world’s most-​referenced price-tracking website, CoinMarketCap.

Issued on BSC, Getart says that 20% of token sales will be utilized for the dissemination of NFT in specialized media on the internet.

In May 2021, GAX listed on PancakeSwap, Coinsbit, and BakerySwap.

Verification within the Getart ecosystem

Blockchain technology acts as a decentralized record or ledger that traces the ownership and transaction history of every NFT.

The NFTs in the Getart marketplace will provide the option to verify the authentic owner of digital artworks, collectibles, and other items. The ability to transfer ownership is also an option.

As proof of ownership within Getart, each individual transaction will be recorded on the blockchain. This makes it unchangeable.

The difference between cryptocurrency and NFTs is fungibility. Cryptocurrencies can be traded or exchanged for one another, whereas an NFT cannot be exchanged for or equal to another NFT. The digital signature assigned to each NFT makes this impossible to do, as no two NFTs are the same.

NFTs are here to stay

NFTs exist in various digital art forms and exist on a blockchain network. From memes, to video clips, to property – the NFT ecosystem as a whole has grown rapidly.

Having been in existence since 2012, NFTs are considered a fairly young space. In recent years though, NFTS have experienced exponential growth.

Technological developments like NFTs attest to the ever-changing world of digital assets. The ability to create, sell, buy and collect NFTs is shaping the future of the art and music industries.

Marketplaces like Getart provide a safe and reliable space for artists and collectors to engage in transactions. Getart’s platform serves seller and buyer in an ecosystem that will soon be sustainable.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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I have two degrees in Corporate and Business Communication and have over three years of work experience as a content writer, covering topics from tech to travel and hard news. I have always been curious about crypto and let that progress into full-time fascination as Commercial Content Editor at BIC. I am also a plant-eater, book worm and cat mom!

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Source: https://beincrypto.com/rapid-growth-of-nft-platform-getart-io/

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Multi-Platform Cryptocurrency, Financial Exchange 5ROI Global Launched

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Cryptocurrency exchange 5ROI Global officially launched. It is expected to bring a multi-application cryptocurrency and financial trading platform with a vision of simplification for all types of users.

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Cryptocurrencies are creating a whole new financial trend compared to all that the world has been operating before. Transparency, fairness, simplicity, fast, low cost, and high performance are the great factors that cryptocurrencies bring.

These help billions of people have the opportunity to change their own lives. The cryptocurrency exchange is one of the big pieces for the development and operation of this ecosystem.

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Although there are numerous major cryptocurrency exchanges in the world today, most users still do not have the best access to the crypto-assets market.

There are also plenty of barriers such as complicated transactions, low cryptocurrency liquidity into fiat currency, few opportunities to access potential projects at the early stages, inappropriate trading, and investment programs for local’s specifications.

For this reason, the founding team decided to launch 5ROI Global— a new multi-application cryptocurrency and financial trading platform.

Here 5ROI Global aims to contribute to the development of the global cryptocurrency market in order to optimize user’s experience around the world in accessing this market.

Mr. David Do, CEO of 5ROI Global shared: “Our mission is to bring the world’s leading products and technological solutions into real life in the simplest and most effective way, especially in the field of financial.”

Simplify the transaction system

5ROI Global’s trading platform is designed to be simple and user-friendly, making it easy for anyone to use. At the same time, 5ROI Global cooperates with many leading prestigious blockchain partners to provide Stable Coins with a fixed value.

These are pegged to each country’s fiat currency such as the Japanese yen, for the Japanese market, the Indian rupee for India, and the Vietnamese dong for the Vietnamese market. This makes it easy for customers to trade cryptocurrencies with fiat money.

Large liquidity system

By cooperating and connecting liquidity with the world’s leading exchanges, 5ROI Global creates a trading system with the ability to liquidate up to billions of USD per day.

Buying and selling large volumes of crypto assets on the 5ROI system will happen quickly without much difficulty, it only takes a few seconds to match orders to buy and sell millions of dollars worth of cryptocurrencies without generating price difference compared to the general market.

Besides, the liquidity at 5ROI Global has also reflected in the fact that the exchange supports the most popular tokens, allowing investors to have many trading choices in one platform.

Accounting with blockchain startup projects

Through 5ROI Global, startups can access capital thanks to the form of Initial Exchange Offering (IEO). Not only calling for capital, but projects also have access to millions of potential customers and partners for their products and services.

With IEO, investors can easily participate in direct investing of tokens first issued by the startup project at 5ROI Global. This creates the possibility of optimal profits proportional to the investment in the development of the project.

Features of 5ROI Global liquidity

  • High liquidity spot & future system
  • Low-interest margin program
  • Coins staking program up to 40% profit per year
  • OTC trading between coins and fiat currency made simple and convenient
  • Diversified support for Stable Coin pegged to each country’s fiat currency
  • Regular AirDrop events from 5ROI Global and partners
  • New customer referral policy up to 50% transaction fees

About 5ROI Global’s Founders

David Do has over 10 years of experience in business and investment in technology projects in Vietnam and around the world.

He was the CEO of the investment company MIG Holdings (2016 – 2019), co-founder and CSO of Relam Investment Dubai (2017 – 2020).

He is currently the co-founder and CEO of HEAD Capital, a Singapore-based investment company specializing in the investment and development of technology platform projects.

Prominent projects invested by HEAD Capital can be listed as Ola City, 7ECO, BBLink, 7S Hotel, Thegioisi, 7Hit, Bala, Guubook.

For more information, visit headcapital.com

Besides business activities, David Do is also a judge, investor, and has sponsored and contributed to many contests and technology events. He is a Diamond sponsor for the Future Blockchain Summit 2018, sponsoring the Malta Blockchain Summit 2018 event.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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Source: https://beincrypto.com/multi-platform-cryptocurrency-financial-exchange-5roi-global-launched/

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