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Occam.fi Partners with Bondly to Provide Next-gen NFT Capabilities to Cardano

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OccamRazer and Bondly have announced a new strategic integration that will benefit the Cardano ecosystem. Together, they will explore development synergies for Cardano, a blockchain-proof stakeholder platform, in the growing NFT market. The aim is to launch this collaboration by using its well-established NFT technology to offer the Cardano ecosystem high-utility NFT capabilities.

NFTs in the Cardano Ecosystem

Created with experience and support from a seasoned team of blockchain developers and experts, Occam.fi is the first decentralized launch pad for the Cardano ecosystem.

Bondly on the other hand is a portable, transparent and interoperable exchange protocol designed to revolutionize conventional escrow methods that enable next-generation NFT creators. Bondly’s vision is to use NTFs focused on arts, games, anime, music or brands, to link non-crypto audiences and provide decentralized financial assistance to the crypto world.

Bondly has comprehensive NFT market expertise, a development sector, but Cardano’s potential is still untapped. IDO relaunches on the OccamRazer launchpad are anticipated to accelerate the most exemplary and most disruptive NFT projects.

Occam.fi Joins Hands with Cardano

IOHK announced a collaboration with Bondly in December 2020 with Mr. Dan Friedman, IOHK’s Business Development Director, and a Bondly consultant. OccamRazer developed the Cardano ecosystem as the prime fundraiser and catalyst of the Cardano dApp universe that is still in its development. 

OccamRazer has a variety of killer features that will see Cardano become the next big thing. These include the cross-chain existence of the solution, smart growth of the management layer, depth of the services provided by the Occam umbrella, the toolkit and regulations for enforcement, and the weight of Cardano ecosystems.

NFTs and DeFi Craze Over the Past Year

The Cardano blockchain is invested in being part of the NFT movement that has quickly become a significant deal in the crypto space worldwide. Although DeFi was the focal point much of 2020, the number of NFTs has been steadily growing in recent months.

The NFT industry grew 17% in 2019, with market capitalization expected to increase 50% by the end of 2020. This market capitalization is fascinating because, in less than two years, the gross value of more than 200 million dollars has been achieved from nothing.

NFT’s sales improved considerably as of September 2020 and stayed beyond previous months, according to NFT data resource NonFungible.com. NFT revenues in September 2020 were close to 1 million dollars, with blockchain-based Sorare football card game reaching over 221,000 dollars in sales.

This momentum does not indicate any deceleration because in the first week of December 2020, NFTs valued 2 million dollars were exchanged. According to CoinGecko, the NFT market capitalization has surpassed its 2020 projection and reached more than $550 million.

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Source: https://btcmanager.com/occam-fi-bondly-next-gen-nft-cardano/

Blockchain

Elon Musk’s SpaceX to Accept Dogecoin (DOGE) Payments for Space Missions

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After Tesla’s moe of accepting Bitcoin (BTC) payments, Elon Musk’s space exploration SpaceX announced that it is will accepting Dogecoin (DOGE) payments for its pace missions. This comes just a day after Elon Musk called Dogecoin a “hustle” triggering a 30% price crash over the weekend.

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eIntro

Is Musk trying to do damage control here? Maybe or maybe not! Whatever it is, this news is pretty exciting for all DOGE investors in the market. The announcement for “the DOGE-1 Mission to the Moon” was made by the Geometric Energy Corporation (GEC).

The mission involves flying a 40KG cube satellite of the Falcon 9 rocket that will carry “lunar-spatial intelligence and computational systems” on board. The mission launch is scheduled for Q1 of 2022 and so SpaceX also plans to start accepting DOGE payment during the same period. Here’s what Elon Musk tweeted upon launching Dogecoin to the moon.

Although GEC announced the DOGE-funded mission, it has not exactly said how much that would cost. Speaking about this new synergy between crypto and space missions, SpaceX Vice President of Commercial Sales Tom Ochinero said:

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“This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce. We’re excited to launch DOGE-1 to the Moon!”

Solidifying DOGE’s Market Position

Well, last week, Elon Musk’s SNL tweet drove DOGE price to an all-time high of $0.71 with its market cap reaching $94 billion. Just before the SNL event over the weekend, Elon Musk had warned about the higher valuations. As it happened, during Musk’s SNL show appearance, the DOGE price crashed as much as 30% over the weekend, after Musk referred to it as the “hustle”.

Even at price time, DOGE continues to trade 16% down at a price of $0.54 and a market cap of $70 billion. It is still trading 10% positive on the weekly chart. Also, the recent SpaceX announcement seems to have little impact in turning the tide for Dogecoin.

One thing is sure that such announcements will certainly solidify DOGE’s market position and acceptance. With the recent announcement, Geometric Energy’s Chief Executive Officer Samuel Reid said:

“Having officially transacted with DOGE for a deal of this magnitude, Geometric Energy Corporation and SpaceX have solidified DOGE as a unit of account for lunar business in the space sector”.

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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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Source: https://coingape.com/elon-musks-spacex-to-accept-dogecoin-doge-payments-for-space-missions/

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Blockchain

The Transfer Token’s (TTT) Migrating to a DeFi Token Protocol

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[PRESS RELEASE – Please Read Disclaimer]

Atom Solutions Co., Ltd. (hereinafter referred to as Atom Solutions), developers of the cryptocurrency trading and overseas remittance platform “Eternal Wallet”, has announced that its in-house developed token, The Transfer Token, will migrate to a DeFi token protocol.

The Transfer Token (hereinafter referred to as TTT) is a token issued by Atom Solutions. The most exceptional feature is that by holding and lending TTT on our platform “Eternal Wallet”, developed alongside TTT, users are eligible for gaining dividends distribution.

Regarding the dividend distribution within the wallet, during an open beta test conducted from January through February, Atom Solutions recorded the below values:

・In the case of holding TTT within Eternal Wallet: 98% yearly

・In the case of lending out TTT into The Pool within Eternal Wallet: 218% yearly

The migration of TTT to a DeFi token protocol was largely born out of feedback gathered from the beta test.

This is essential in strengthening security, and preventing misconduct and data manipulation by specific operators and/or third-party attackers. By migrating the core of Eternal Wallet, the element that covers “The world’s highest received amount when remitting overseas”, to blockchain, Atom Solutions aims to provide a system with high transparency.

DeFi (Decentralized Finance) refers to the various financial services that can be provided upon the blockchain through utilizing smart contracts.

The financial services offered by DeFi encompass various sectors such as loans, insurance, exchanges, hedge funds, derivatives, prediction markets, etc. Also, unlike a centralized system with an intermediary is unnecessary, it has the feature of being a swift yet secure method of making a transaction. This notable difference from traditional financial systems has made it a focal point of interest in recent years.

Moreover, with DeFi, due to being operated on the blockchain, it has the benefits of cutting costs, increased composability and accessibility, and high transparency.

Atom Solutions, from here on forward, by further increasing the presence of TTT within the DeFi ecosystem, aims to further expand on the convenience and profitability of the services’ users.

In addition, in conjunction with this, the company has also updated the Whitepaper regarding TTT. Click here for more information.

About Atom Solutions

Atom Solutions is a Japanese FinTech corporation with 10 years of experience and achievements since its conception. In addition to abundant expertise in financial and technology sectors, we have filed for and obtained several patents related to our lending and Pool functions and much more. Armed with these we aim to realize “The world’s highest received amount upon overseas remittance”.

In our sights is not only Japan, not only Asia, but all countries across the globe. In the near future we aim to expand the number of countries where our services can be used worldwide and intend to deliver the best possible service to our users.

Location: 5F Sei Bi Do Bldg, 2-31-16 Eitai Kouto-Ku, Tokyo

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Source: https://cryptopotato.com/the-transfer-tokens-ttt-migrating-to-a-defi-token-protocol/

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Blockchain

Kraken Daily Market Report for May 09 2021

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Overview


  • Total spot trading volume at $3.39 billion, 25% higher than the 30-day average of $2.71 billion.
  • Total futures notional at $921.3 million.
  • The top five traded coins were, respectively, Dogecoin (-11%), Bitcoin (-1.1%), Ethereum (+0.3%), Tether (-0.05%), and Cardano (+9,0%).
  • Great returns from Litecoin (+12%) and Cardano (+9.0%).

May 09, 2021 
 $3.39B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XDG 
$0.5702 
↓11% 
$1.12B
XBT 
$58293. 
↓1.1% 
$808.0M
ETH 
$3927.0 
↑0.3% 
$687.9M
USDT 
$1.001 
↓0.05% 
$347.6M
ADA 
$1.7691 
↑9.0% 
$184.5M
XRP 
$1.5366 
↓1.8% 
$96.9M
LTC 
$388.21 
↑12% 
$76.6M
USDC 
$0.9998 
↓0.02% 
$69.8M
DOT 
$40.346 
↑1.0% 
$59.1M
ETC 
$118.97 
↓7.5% 
$58.9M
LINK 
$52.301 
↑7.3% 
$50.3M
BCH 
$1428.7 
↑2.0% 
$31.2M
FLOW 
$27.5 
↓4.0% 
$29.0M
EOS 
$10.534 
↑1.7% 
$26.5M
TRX 
$0.1430 
↓0.14% 
$21.1M
SC 
$0.0394 
↓2.8% 
$19.3M
XLM 
$0.6287 
↑2.3% 
$17.5M
XMR 
$484.44 
↑1.7% 
$12.5M
QTUM 
$27.248 
↑5.9% 
$10.6M
KSM 
$450.93 
↑3.6% 
$10.3M
DASH 
$406.54 
↓0.9% 
$7.72M
ATOM 
$28.783 
↓2.5% 
$7.55M
XTZ 
$7.1008 
↑1.6% 
$7.22M
FIL 
$146.26 
↓1.3% 
$7.05M
ALGO 
$1.5153 
↓0.4% 
$6.81M
UNI 
$39.518 
↓2.6% 
$6.41M
WAVES 
$31.746 
↓2.3% 
$6.33M
OMG 
$11.628 
↓2.1% 
$5.44M
DAI 
$1.0015 
↑0.04% 
$5.41M
NANO 
$9.4387 
↓2.9% 
$4.26M
AAVE 
$460.04 
↓1.2% 
$4.18M
STORJ 
$2.1611 
↓3.0% 
$3.96M
ZEC 
$305.02 
↓3.4% 
$3.84M
MANA 
$1.4924 
↑3.4% 
$3.82M
OCEAN 
$1.5112 
↑1.4% 
$3.79M
KAVA 
$6.153 
↓2.1% 
$3.22M
GRT 
$1.5394 
↓2.8% 
$2.64M
GNO 
$275.90 
↓6.3% 
$2.64M
LSK 
$8.2803 
↓2.1% 
$2.47M
ICX 
$2.6508 
↓0.7% 
$2.46M
BAT 
$1.4148 
↓1.0% 
$2.38M
COMP 
$771.12 
↓1.4% 
$1.9M
OXT 
$0.6504 
↓2.4% 
$1.8M
CRV 
$3.444 
↓3.7% 
$1.41M
SNX 
$17.79 
↓3.6% 
$1.39M
KEEP 
$0.5876 
↓5.1% 
$1.31M
KNC 
$3.3837 
↓2.0% 
$1.28M
ANT 
$10.208 
↓0.4% 
$1.17M
BAL 
$66.46 
↓3.8% 
$1.12M
YFI 
$53466. 
↓1.5% 
$1.12M
REP 
$45.586 
↓2.9% 
$1.07M
EWT 
$14.222 
↑4.2% 
$1.01M
PAXG 
$1898.5 
↑1.4% 
$926K
MLN 
$105.15 
↓3.6% 
$512K
REPV2 
$45.438 
↓6.4% 
$199K
TBTC 
$60059. 
↓0.23% 
$40.0K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (May 09 2021)



Figure 2: Mid-size trading assets: (measured in USD) (May 09 2021)



Figure 3: Smallest trading assets: (measured in USD) (May 09 2021)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (May 09 2021)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://blog.kraken.com/post/9011/kraken-daily-market-report-for-may-09-2021/

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