Tag: Host
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Aventus Network and Scytale Ventures partner to accelerate integration with Polkadot
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.”
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/
Liberty Gaming Guild is Joining Forces with Persib Bandung, a Football Club with over 5 Million Fans
Step, a Mobile Fitness App, Rewards Users for Staying Fit and Active
However, to overcome this grim scenario, a revolutionary application called Step made its mark by rewarding people for engaging in physical activities. “Step” is a mobile application that enables one to earn cryptocurrency while keeping themselves fit.
Step is a fitness application that allows its users to earn cryptocurrency while staying fit. The creators of Step, who dream of creating a healthier world for all, are of the notion that to build one, they have to tempt people toward something fascinating. Especially at a time when the crypto sphere is downright reaching new scales every day, the idea to reward people with cryptocurrencies every time they take their steps seems captivating.The reward theory of attraction appears to be gratifying in this context. When an employee is rewarded with bonuses, incentives, and other perks, it triggers certain parts of the brain and uplifts them. The neurological response to receiving a bounty motivates one to perform their task with enthusiasm. This is what exactly is projected in Step- elevating one's motivation to exercise.
The mobile app monitors one's physical activity, such as walking, and converts them to rewards. Step is primarily designed to make individuals financially independent and keep them fit and healthy, in one fell swoop.
One needs to download the application on their mobile phone from the play or app store. The app will then monitor one's physical activities such as running, walking, or climbing stairs and send rewards in the form of cryptos to the wallet.
To achieve something, one needs to come out of their couches. Needless to say, there is also a condition attached to avail the rewards. To be eligible, one needs to take a minimum of 4000 steps daily. The rewards are then calculated based on the steps percentage quota among the eligible holders.
About us: Step is a vital innovation in today's time. Keeping oneself fit and healthy and at the same time financially sturdy is something one would always yearn for. With Step, it is easy to hit both the bird's eyes in one shot. Get fit, earn cryptos, and be the best version of yourself with Step!
Press Kit: https://drive.google.com/drive/u/2/folders/1A_BjPvGTXra-2miRlSvE6CvHCwC6t2jl
Address: 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ
Email: [email protected]
Contact number: +351 917 262 657
WP Engine Review
WP Engine: Web hosting has grown exponentially with the need for organizations and even individuals to represent their brand in a digital space. And who can blame them? It is a much more efficient way to share information by publishing it for the world to see than sharing information in ones and twos. Whether sharing […]
The Fed’s Digital Dollar Is Taking Shape
Progress on a digital USD brings CBDC standards into focus Written by: Simon Chantry, Co-Founder & CIO, Bitt
The post The Fed’s Digital Dollar Is Taking Shape appeared first on Crypto-News.net.