Ethereum has not had a good start to 2022. Its price has continued the bearish trend that started in November 2022 when its price jumped to almost $5,000. It is trading at $2,700, which is about 45% below its all-time high. In this article, we will look at the five key things to consider before...

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Cryptocurrency community has significantly grown over the past years especially in 2021 when the bull market was at its peak.

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As more and more solutions are built on blockchain, its never been more important to understand exactly what the technology is

Indian entertainment behemoth Hungama Digital Media has come together to create Hefty Entertainment, a metaverse platform, the first project under e-DAO. e-DAO (Entertainment- DAO) powered by Polygon is an entertainment and creator economy focussed DAO, designed to create the world's largest entertainment collective. It provides a thriving ecosystem of developers, community, to build & launch NFT projects for production houses, celebrities, music labels, content creators etc. Powering the community through votes, this futuristic platform provides an avenue for the democratization of content by raising opinions.  

The Hefty metaverse will serve as a way to onboard consumers, fans, and communities into the world of web3 through NFT collectibles and free virtual events, which will be powered by unique utilities and value. The metaverse will bank on Hungama Digital Media with its vast and extensive distribution network.

Hefty Entertainment has announced its arrival with an exclusive partnership with T-series, Asia's largest music label, publisher and India's largest film studio to announce its foray into Non-Fungible Tokens (NFTs). Hefty Arts has done the same with an exclusive partnership with the MF Husain Estate to auction the legendary artist's paintings as NFTs. Hefty Games, on the other hand, will soon announce and share more details on their launch & partnerships with some of the biggest names in the world of ESports and Gaming.

eDAO will support Hefty Entertainment during their initial funding and provide incubation support. Their team will also have access to the eDAO's strong community of NFT and metaverse enthusiasts. Community-building support will also be provided along with DApp tooling, marketplaces, design, and development.

eDAO is an ideal platform for projects venturing into Web3 belonging to the media & entertainment space including movies & music, sports, design & animation studios, VR / AR projects, and NFT utility platforms. Being industry first, we have a thriving ecosystem of partners to create NFT marketplaces, setting up domains, web designing, live streaming etc. 

Polygon and Polygon Studios ecosystem has seen massive adoption and growth with over 7000 DApps being built especially in the NFT space having more than 1 million community members. Partnering with eDAO was very strategic in nature addressing a multi-billion dollar market in India, providing infrastructure support to Web3 projects in media & entertainment, and sports segment. 

About eDAO          

eDao is an entertainment and creator economy focused DAO designed to bring the Media, Entertainment, Fine Art and Gaming industry to the world of Web3 and create the world's largest entertainment collective. Built in collaboration with Polygon Studios and genesis partners like Hungama and Hindustan Talkies, eDAO funds and supports NFT projects and launches from your favourite celebrities, music labels, film studios, artists, gamers and content creators co-created with flourishing Web3 communities.

Social Links: 

Twitter:

https://twitter.com/edao_official?s=11

https://twitter.com/HeftyVerse 

https://twitter.com/Bollyhungama 

https://twitter.com/h_talkies 

https://twitter.com/AshishChowdhry 

https://twitter.com/hefty_art 

Where to buy Ethereum? That’s the question. The cryptocurrency market is extremely volatile and prices can shift dramatically within seconds. As such, it’s important...

The initiative will make cryptocurrency safe, making it an exceptional wallet.

Meanwhile, DiveWallet will soon be launching its next token phase after completing a successful private sale. Note that the project has plans to launch the token in three phases: private sale, ignite presale, and public launch. Most importantly, these phases of the token sale will be used to fund the wallet.

DiveWallet is Addressing Security Issues

In a space filled with scams and dangerous web3 dApps, the new cross-chain wallet, once launched, will provide a more safe crypto environment for both experienced and novice users. According to the creators, the new wallet will have some great new features that will help it become one of the safest locations to buy and exchange cryptos.

"We know firsthand that the crypto space presents an assortment of challenges for new and experienced investors alike. DiveWallet aims to address these issues with a variety of innovative tools to increase ease-of-use and asset security."

Sending alerts when a user's wallet is connected to any web3 address, logging Dollar-Cost Average (DCA), an initial amount invested are among the projected unique features. There will also be the opportunity to select the pricing source (CMC, DexTools, Poocoin, and so on), as well as a customizable, automatic total web3 disconnect (after a specified duration) and real-time dusting attack alerts.

DiveWallet Token

The DiveWallet token is a simple token with an initial supply of 1 quadrillion tokens that will create a DiveWallet community. It will also raise funds required to create the wallet to provide utility, which is the foundation of any token.

The token launch is divided into three stages: the private sale, the ignite presale, and the public launch. DiveWallet just announced that the presale phase of a token release began on February 17 and is now complete. Its goal was to raise funds needed to support the development of its innovative digital wallet.

As the project progresses, the team has pledged to provide more information on the stages and the whitelisted presale. As a result, it informs prospective investors that everyone who receives a whitelisted presale will acquire the maximum token quantity during the presale.

Tokenomics

DiveWallet has made its tokenomics distribution straightforward. The first allocation goes to a 15% transaction tax. The team believes that there is no need for a team or marketing tax because the team's wallet reflections will give all of the funds required. Any additional tax on top of the received reflections would be unnecessary.

The next allotment is for liquidity, which amounts to 2%. The final one is BUSD reflections with a 13% allotment. The BUSD reflections serve as a "bonus" to DiveWallet token holders while allowing the team wallet to accumulate capital without incurring a per-transaction fee.

Roadmap Details

DiveWallet has already completed the first phase of its 2022 roadmap. It has already released a whitepaper, carried out a private sale, launched its website and token contract.

Currently, it is working on building a community, marketing, and carrying out an Interfi audit. In addition, there will also be whitelist finalization, Pinksale presale, public token launch, and a CMC and CoinGecko application.

There will be more developers, a KYC audit, more marketing, and hire or onboard wallet for the second quarter. The third quarter involves the DiveWallet launch, reflections distribution, buy nack and burn with ad revenue, and finally, dApp products introduction.

Q4 of 2022 will see continued ad revenue reflection, continued buyback ad burn, and finally, expanding the wallet functionality.

About Dive Wallet

DiveWallet is a cross-chain mobile wallet that is all-inclusive and completely functioning. In a space filled with frauds and dangerous web3 dApps, the groundbreaking cross-chain wallet promises to provide a more safe crypto environment for both expert and beginner users.

Social media links

Website: divewallet.net 

Discord: https://discord.gg/YyshwR4Zsa

Twitter: https://twitter.com/DiveWallet

Telegram: https://t.me/+tFQ5GZAvtdlmMDQx

Reddit: https://www.reddit.com/r/DiveWallet/

The Aventus Network – the layer-2 blockchain protocol that brings scalability, speed and lower costs to Ethereum transactions – today announced the start of a long-term partnership with Scytale Ventures, a leading blockchain venture capital and consulting firm. Scytale will work to integrate Aventus Network (AvN) into the Polkadot ecosystem to provide interoperability between the two networks and help realise Aventus' vision of being fully embedded into the wider blockchain ecosystem.

Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network. Lack of interoperability in the blockchain space is one of the greatest barriers to adoption, leading to a fragmented industry where thousands of different tokens and networks are built on varying standards and consensus models. Polkadot works to ensure long-term cross-compatibility of these projects and simplify adoption by connecting and securing unique blockchains under common security guarantees.

For Aventus, this integration will enable smart contracts, decentralised applications (dApps) and other assets or utilities on the Aventus chain to be seamlessly and securely transferred between AvN, Polkadot, and a host of other compatible blockchains. Scytale, Polkadot and Aventus will develop a powerful new infrastructure that will maintain the utility and tokenomic model of the existing AVT token and staking model, whilst enabling Aventus to become a ‘parachain' (an integrated blockchain) of Polkadot.

Aventus' partnership with Scytale Ventures includes a sizable DOT (Polkadot's token) grant to help develop the necessary applications to plug into the Polkadot ecosystem. In addition, Scytale Horizon Fund II, has taken a significant position in AVT as a vote of confidence in the project.

Alan Vey, Co-Founder and CEO of the Aventus Network, said: “Imagine a world in which you couldn't send emails from Gmail to Microsoft – or you couldn't view the same webpage on both a PC and a Macintosh. That's the problem facing blockchain right now – thousands of different projects are built on different languages, and they cannot talk to each other. Polkadot is the solution to this - bridging different chains and giving them a common language. Integrating into the Polkadot family has always been an ambition for Aventus, and with Scytale's expertise and capital injection we have the rocket fuel we need to reach our goal of ensuring true interoperability with the wider blockchain community.”

Mark Cachia, Founder at Scytale Ventures added: “We are eager to support Alan and the team at Aventus to integrate more closely with the Polkadot Ecosystem. We invest primarily with strong teams with exemplary dedication and character, and I cannot think of anyone more committed to delivering useful, interoperable solutions than Aventus. Their organic decision to first build on Substrate because of the tech stack, then work with us to join the community dedicated to multichain interoperability, is a testament to the power of Substrate, and will unlock tremendous value for stakeholders. We're confident that – with our expertise and investment – Aventus will ensure true interoperability with the Polkadot ecosystem, setting an example for others in this space to follow.”

Gavin Wood, Founder of Polkadot, said: “The blockchain community has flourished over the last two years and so has the variety of services blockchains provide. The next challenge facing the community is making interoperability between blockchain networks a reality. This is precisely what Aventus' integration into the Polkadot network will enable, bringing the speed, security and long-term cross-compatibility required for Aventus to work seamlessly with the wider blockchain community. We can't wait to see where this takes Aventus – the possibilities are endless.”

Danny Masters, seed investor in the Aventus Network and Chairman at CoinShares International, said: “This partnership with Scytale marks a major step forward for Aventus and sets a clear path for growth and innovation well into the future. Solving the problem of interoperability is a top priority for many working in the blockchain space. Integrating with Polkadot will position Aventus at the leading edge of this effort. I am excited to see how Aventus, its token holders and clients will utilise the opportunities interoperability will bring.”

The Aventus Network is a 2nd-layer blockchain protocol that lets any organisation build on the Ethereum network without the typical limitations of speed, scalability, and price. Founded in 2017, Aventus makes building on Ethereum accessible for businesses and decentralised platforms through fairer transactions for all — enabling the broadscale adoption of public decentralised blockchain through blockchain interoperability. To learn more, visit: https://www.aventus.io/ 

About Scytale Ventures
Scytale Ventures was founded in 2017 by investment management professionals, entrepreneurs, and blockchain pioneers to foster the growth and adoption of blockchain technology by supporting founding teams of blockchain protocols, applications, and companies.
To learn more, visit: https://scytale.ventures

About Polkadot
Polkadot provides the technical advances necessary to make blockchain technology practical, accessible, scalable, interoperable, and future-proof, removing limitations and barriers to entry, and thereby fuelling innovation, growing the decentralised technology space, and bringing the Web3 vision to life.
To learn more, visit: https://polkadot.network/ 

Bitrue, one of the fastest-growing cryptocurrency exchanges, has revealed the listing of ADA as a base currency on its trading platform from Thursday, February 24. A major milestone for Cardano This development is a major one for the exchange and continues its existing approach towards fostering and supporting the Cardano blockchain. Cardano is one of [...]

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By Adam Zadikoff, Senior Product ManagerSince launching the Coinbase Wallet browser extension as a standalone self-custody option in November, we’ve seen incredible adoption....

Things to know: – Coinbase users can now secure their coins and NFTs with Ledger as the Coinbase Wallet browser extension adds support for Ledger Hardware Wallets. – Whether you are a beginner or a seasoned investor, a crucial step for investing in crypto is to securely store your private keys. Connecting your Coinbase Wallet* […]

Blockchains have a major throughput problem - one that could even scupper the arrival of Web3. So just what is being done about it?

In 2021, Cardano was the third-biggest crypto by market cap, breathing down Ethereum’s neck. However, 2022 saw it in seventh place. To that end, Finder’s panel of fintech experts came together to predict ADA’s future price performance. The final estimate was well worth a read. A full deck of Cardano To make a long story […]