Despite the competition from other major blockchains, Ethereum is still at the forefront of the NFT space. The concept of using blockchain to verify ownership of properties and collectibles was not new prior to the creation of NFTs. In fact, the first NFTs appeared in 2012, with the so-called original NFT collection – Colored Coin [...]

The post Despite Competition, Ethereum Still Leads The NFT Space appeared first on Blockonomi.

Non-fungible tokens, or NFTs, are digital assets that are provably unique. They can be used to represent both tangible and intangible items.

Several layer one blockchains are firmly in the green, despite the wider crypto market falling to start the new year.

Berlin, Germany, Jan 12, 2022 - (ACN Newswire) - EnviDa, sold out for private sale in December 2021. On 01.01.2022, EnviDa's pre-sale launched. EnviDa, which has collected € 1.5M through private sales, is pursuing the same success in pre-sale.

In recent years, a concept called crypto mining has entered our lives. With cryptomining, a new income source has been born for people. For example, in 2013, miners earned a total of $1 million per month. In 2021, the daily earnings of miners totaled $60 million.

However, this was not easy…

Mining of the most well-known cryptocurrencies such as Bitcoin, Ethereum became more difficult as the unmined amount decreased. Therefore, different technologies have developed to be able to mine cryptocurrencies. As technology developed, the cost of mining equipment increased.

As a result of all these developments, cryptocurrency mining has become complex and inextricable. Old technologies are no longer profitable. The amount of electricity wasted has caused environmental problems. Some countries have banned crypto mining. European Union countries have also been discussing recently about regulating cryptocurrency mining due to the environmental effects of electricity consumption.

DriveMining seeks to find solutions to these problems.

Berlin-based DriveMining offers a different alternative to both cryptocurrency mining and energy consumption. DriveMining is integrated into electric-hybrid vehicles or large but diesel vehicles such as buses and trucks, mining cryptocurrencies while the vehicle is in motion. DriveMining can mine EnviDa Token and 10 different cryptocurrencies thanks to the programmability feature of the FPGA chips it uses.

DriveMining collects environmental data such as carbon dioxide emissions, carbon footprint and air pollution, thanks to a sensor integrated into the device, and transfers this data to the EnviDa blockchain. Thus, a database is created that can travel all over the world and saves the environmental data it visits to an immutable and transparent blockchain. The data collected here will provide a holistic perspective to the projects to be produced in the future within the scope of combating the climate crisis. The huge data library created on the EnviDa blockchain can be purchased in exchange for EnviDa Token.

DriveMining currently provides B2B services. Taxi stands, truck fleets, bus companies will be able to earn passive income through cryptocurrency mining by installing DriveMiner on their vehicles. Next, DriveMining will offer its home edition mining technology to the public.

EnviDa's future plans

Street imaging is among the future plans of the EnviDa project, which has a flexible structure due to its technology. Thanks to the 360-degree camera system to be integrated into the vehicles with DriveMiner, vehicles that are already in traffic will be able to collect street images of the areas they pass. Again, these images can be converted via oracle and saved on the EnviDa blockchain. In this way, an indelible visual pool will be created that shows the change of streets retrospectively and constantly updated street images can be included in map applications.

In addition, EnviDa has its eye on future relay chain technology. If the relay chain technology is implemented, the EnviDa blockchain can communicate with other blockchains and strengthen each other more, creating a larger data pool.

Assembly place leased

EnviDa Token started pre-sale as of January 1, 2022. They collected 1.5 million euros in a sold out private sale. According to their statement, with this money, they rented the assembly place of DriveMiners in Berlin, the capital of Germany. In this place, DriveMiners will be mounted on electric-hybrid vehicles and large but diesel vehicles such as trucks and buses.

Reminder: EnviDa's pre-sale is still ongoing. You can go to envidatoken.io ( http://envidatoken.io/ ) address and learn more by reading WhitePaper.

About the Company

The DriveMining Project - EnviDa - is a cryptocurrency project that opens the door to efficient and passive mining for a wide range of audiences.

Social Links:
Facebook: https://www.facebook.com/envida.datatracking
Twitter: https://www.twitter.com/envidadatatrack
Instagram: https://www.instagram.com/envida.datatracking
Reddit: https://www.reddit.com/r/EnviDa/
Telegram: https://t.me/envidatokenio

Media Contact
EnviDa
Huseyin Uysal, CEO
E: [email protected]
W: https://envidatoken.io

SOURCE: EnviDa

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

The bitcoin mining services provider said it would purchase and sell rigs on behalf of its team and miners and investors on its network.

American media giant Associated Press (AP) will be launching a new non-fungible token (NFT) marketplace that utilizes the Polygon (MATIC) blockchain. The platform, built by NFT-focused platform-as-a-service company Xooa, will feature an initial collection of photography from current and former AP journalists and a variety of digitally enhanced versions of their work. The media company […]

The post Associated Press to Launch New NFT Marketplace Using Polygon appeared first on Coin Bureau.

January 10, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ PayPal confirms that it is exploring a stablecoin backed by[...]

The post PayPal Confirms What We All Knew appeared first on Unchained Podcast.

Joey Krug, chief investment officer at digital asset investment giant Pantera Capital, believes that half of all financial transactions will ultimately involve Ethereum. According to a report from Bloomberg, Krug says that the explosion in competitors are unlikely to have success in dethroning the Ethereum blockchain. “If you roll the clock forward 10 to 20 […]

The post 50% of All Financial Transactions Ethereum-based Within Ten Years appeared first on Coin Bureau.

When it comes to consensus mechanisms, Proof-of-Work (PoW) is often dubbed as a relic of the past that is being replaced with other mechanisms such as Proof-of-Stake (PoS). The most common argument against PoW blockchains is that they are just too energy-intensive and costly. I’m sure you’ve heard this narrative if you’ve been in crypto […]

The post Kadena Deepdive! The Blockchain Trilemma solved?! appeared first on Coin Bureau.

  FintechNews staff The cryptocurrency market has grown tremendously over the past decade. Since Bitcoin was launched in 2022, other cryptocurrencies have joined the market, and now, over 10,000 coins are available. While this large number depicts that the crypto market has grown, it has proven hard for new investors to know the best crypto […]

The post Top 3 Crypto to invest in 2022 appeared first on Fintech News.

Reading Time: 4 minutes Gregory Zaitsev’s co-founder and CEO of Unique Network Alexander Mitrovitch, calls his CTO the brains behind the operation. Zaitsev blushes at this compliment but he concedes he loves to come up with new ideas. Like his co-founder, Zaitsev also enjoys the rigors of being an entrepreneur. “I like finishing things […]

AXL INU ($AXL), a decentralized ecosystem over Ethereum Chain (ETH) and Binance Smart Chain (BSC), is excited to announce the launch of its much awaited AXL launchpad and staking protocol.

In a rapid progression—a successful IDO on NFTb, one of the fastest IEOs on Bitmart, and a booming presale—AXL platform managed to raise a total of 2.1 million USD.

The Ultimate DEX platform, AXL, is teaming up with the Multi-chain Defi platform, NFTb, to bring AXL launchpad to the market, with $AXL and $NFTb as tier tokens. This will enable AXL platform to link the NFTb community with AXL Launchpad in order to deliver greater exposure to AXL ecosystem and more possibilities to join projects in their early phases of development. The launchpad will assist in bringing creative, exciting new ventures to the market.

AXL works hard to encourage, grow, and promote the listing of new and breakthrough projects, with a number of engaging upcoming projects set to be revealed shortly. The launchpad enables emerging creative projects to demonstrate their ideas to the community while also garnering support, attention, and investment.

Features of IDO Platform

AXL Launchpad

AXL launchpad will be able to operate on any coin as a tier token, allowing other projects to have their own launchpad. All they need to do is deploy a smart contract and the whole tier system will be their own token.

As of now, there will be 2 tokens, $AXL and $NFTb, as tier tokens.

AXL Launchpad Tier System

The launchpad tier mechanism is built in such a way that $AXL and $NFTb holders with a higher balance will be able to avail more advantages.

The tier system consists of 3 tiers for each token.

AXL Launchpad Tier System
$AXL Token			$NFTb Token
1st Tier	2nd Tier	3rd Tier	1st Tier	2nd Tier	3rd Tier
200,000 AXL	500,000 AXL	1,000,000 AXL	2,000 NFTb	6,000 NFTb	12,000 NFTb
12.5% APR	17.5% APR	22.5% APR	10% APR	12.5% APR	15% APR
7-Days Lock	7-Days Lock	7-Days Lock	3-Days Lock	3-Days Lock	3-Days Lock

All rewards will be distributed in the form of $AXL Token.

Staking Protocol

AXL platform will offer 2 plans for the staking protocol. 

1. A fixed plan with staking periods of 1,3,6, and 12 months, w ith fixed APR and a pool limit.
2. A flexible plan with staking period of 1,3,6, and 12 months, with flexible APR and no pool limit.

There will be a total of 4 staking pools.

1. 2 Fixed: AXL and NFTb
2. 2 Flexible: AXL and NFTb

Conditions for Staking Protocol
Fixed Plan		Flexible Plan
Locking Period:	1-3-6-12 months	Locking Period:	No Locking Period
Profit:	Fixed APR	Profit:	Flexible APR
Pool Limit:	Yes	Pool Limit:	No
Token:	AXL, NFTb	Token:	AXL, NFTb
Early Unlock:	2.5% penalty	-	-
Reward	AXL	Reward	AXL
LaunchPad	Yes	LaunchPad	Yes

The participants of fixed staking programs will be able to participate in the Launchpad   IDOs.

Kickstarter

Asser Fawzi, CEO and Co Founder of AXL INU, is also excited about the AXL Kickstarter. 

“We have a Kickstarter of our own just like Kickstarter.com. New startups after passing the due diligence, will be able to raise up to 30K in a Private Round. Each participant will be able to buy up to 50$. So total 600 users,” he said.

“What is the problem we are solving? Most new project ideas have no liquidity to start so they fail before they even get launched.”

Activities

Most project owners do not have an MM staff to assist them in liquidating their tokens or selling some for development, so AXL came up with the Activities feature.

Activities will allow different projects to sell up to 300K worth of tokens at a discounted price, plus a lottery for winning a prize in the form of tokens. Each participant will be able to take up to 150$.

This will help push the project for further development, raising non-initial funds, and increase exposure for projects.

AXL Backstory

The AXL project was developed out of a goal to provide decentralised solutions for organizations and individuals. By utilizing the Poly network bridge, the AXL platform can tackle a big problem that exchanges face.

Merging the Ethereum and Binance Smart Chain blockchains, AXL is building a bridge that will allow users to unite different blockchains so that they can work with applications, products, and tokens located on different blockchains within a single ecosystem.

AXL's primary features include:

• Liquidity Pool Providing,
• Yield Farming Program,
• Staking Program,
• Launching IDO(s),
• NFT Minting
• Lending & Borrowing Platform

Successful IDO on NFTb and Pre-Sale

AXL INU completed its IDO on NFTb using the platform's DeFi as a service offering on  28th December 2021.  The IDO was finished in 1 minute; one of the fastest ever IDOs  on NFTb.

ALX was also able to complete its IEO on Bitmart in just 5 seconds. AXL INU commenced its pre-sale on 18th December 2021. The presale period ran through 28th December 2021 and AXL was able to raise a total of 2M USD.

AXL Vision:

The successful results of pre-sale and IDO impressed many users, which pushed AXL to expand quicker and provide even more options to their investors. To encourage investors and give them the opportunity to earn even more profit, ALX INU are introducing a staking program and launchpad.

Moreover, AXL has already covered partnership with NFTb for the NFT projects.

About AXL INU:

AXL INU is being developed as a Decentralized Exchange (DEX) on the Ethereum Chain (ETH) and the Binance Smart Chain (BSC), which will enable liquidity provision, yield farming, staking, launching IDOs, NFT, and lending & borrowing. Beginning with the ecosystem's primary token, $AXL, and concluding with $AXLs as a system reward token.

Website | Telegram | Twitter | Medium | Discord | Reddit | Instagram

About NFTb:

NFTb is the Complete Multi-chain DeFi and NFT platform for Communities. Our mission is to help creators get comfortable and love using DeFi dApps.

NFTb offers a premium NFT marketplace where users can access buyers from anywhere around the world and multi-chains, a DeFi platform giving users access to yield farming opportunities and a launchpad created to help creators and projects to build early support.

NFTb is backed by the Binance Accelerator Fund, Rarestone Capital and Spark Digital Capital.

Website |&nbs p;Telegram | Twitter | Medium | Discord

Further details about AXL and NFTb collaboration are available here. 

Disclaimer:
The presented numbers are not fixed and could vary depending on the future research. We reserve the right to change the policy at any given time, which will be promptly updated on the platform for user assistance. It is recommended that you do your own research before making any decision. If you want to make sure you stay up to date with the latest changes, we advise you to visit the company's official website or social networks.