Amsterdam, Nl, Jan 18, 2022 - (ACN Newswire) - The Nosana Network is Solana's decentralized solution for crowd-computing, performing the computations needed to power projects in the Metaverse. Nosana is excited to announce that after a successful IDO on Solanium.io which sold out in 2 days, the platform has successfully closed the funding rounds with $1.5 Million raised. The $NOS token has since then been listed on the exchanges Gate.io, Raydium, and MEXC.

Everybody wants a piece of the metaverse; with Facebook rebranding itself to Meta Platforms, the giant company signaled that the metaverse isn't just a fleeting trend. Thus, companies, brands, and projects far and wide are getting into the metaverse in one way or another.

Nosana is one of the newest Solana-based projects to dive headfirst into the metaverse. As a crowd-computing network, Nosana promises a cheaper, accessible, and sustainable alternative for centralized cloud solutions by utilizing spare capacity. With a lot of chatter surrounding their launch, they will get the chance to demonstrate these capabilities by delivering the necessary computations for the metaverse.

With clear objectives and the technical expertise to back it up, Nosana is poised to be the decentralized infrastructure of the Metaverse.

"As in any hype cycle, there's a temptation for startups to position themselves as a "metaverse company" to ride the buzz, but Nosana has strong fundamentals, a compelling vision, and solid technology that is better than any existing or coming solutions. They're at the forefront of it all." - Craig Percoco, Inevitrade

Nosana is now readying their Incentivized Testnet, which will give teams a chance to try out Nosana's features and tools before going to mainnet. Projects and teams who register and are selected will receive tokens for running pipelines on the testnet, culminating in the airdrop of mainnet tokens. The incentivized TestNet is planned to go live by the end of February, with developers having the chance to pre-register their projects now through the Nosana.io website.

The Nosana Network will be the leading provider of decentralized CPU-based Dev(ops) solutions, revolutionizing the development process of Metaverse projects. The network allows projects to develop with the computing power of the crowd to power the computational needs of projects within the metaverse via the $NOS token.

Social Links

Discord: https://discord.com/invite/nosana
Telegram: https://t.me/NosanaCI
Medium: https://nosana.medium.com
Twitter: https://twitter.com/nosana_ci

Media Contact

Wesley Bonda, Nosana CMO
E-mail: [email protected]
Website: https://nosana.io

SOURCE: Nosana

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

Before investing your valuable resources, you should assess blockchain projects based on various factors, including community, use-case, the team behind it, longevity, etc.

Binance Smart Chain is the third largest chain by TVL and its token, BNB, is the third-largest token by market capitalization. However, there are questions about hacks, centralization, lack of[...]

The post Is Binance Smart Chain Being Run ‘Like the Project of a Stoned Teenager?’ Two BSC Execs Answer appeared first on Unchained Podcast.

Before now, some countries have mapped out some crypto taxes for transactions on cryptocurrency assets within their jurisdiction. Thailand is one of the countries that proposes some taxation plans. As the new year begins, the revenue department of Thailand is setting up its measures for implementing its tax plans on crypto traders this January. The move is to provide more clarifying information on the tax over crypto-related activities. According to the director-general of the revenue department, this month will mark the finalizing of the criteria for tax calculations which will be on crypto trading profits. The statement’s release was one week following its government’s disclosed plans to levy crypto miners and traders with a capital taxation gain of 15%. A Bangkok Post article on Tuesday reported the instruction of Prayut Chan-o-cha, the Thai Prime Minister, to the revenue department. He told the department to analyze the issue and map out the taxation plans for the investors and the entire public. Related Reading | Upside Potential in NFTs is Massive Says, Gary Vaynerchuk Following the Prime Minster’s instructions, the department has engaged the Bank of Thailand in a discussion. The talk is also the country’s Stock Exchange and Security and Exchange Commission. Cryptocurrency Investors React On Taxation Plan The Thai Digital Asset Association, while seeking clarifications, got in touch with the revenue department on Sunday. A local media reports that the association seeks to know more concerning withholding taxes and capital gains. Suppakrit Boonsat, the President of the Association, stated that many cryptocurrency investors accept the taxation. However, their concern is making moves that may violate the Revenue Code. Some traders are worried that there could be back taxation or penalties to trades and profits in previous years. According to a spokeswoman from the government, the authorities are not posing any hindrance to industrial development and innovation with fintech included. However, she warned that a rush to accept crypto trading without a thorough understanding could lead to a crypto crisis. Thailand intends to place its new taxation only on profits from miners and traders. In addition, there is an exemption of the country’s digital asset exchanges. With the largest affiliated with commercial banks and billionaire business tycoons. Related Reading | January Proves Turbulent For Investors But NFT And GameFi Seems To Be Eating Good According to the latest filing requirements, those that fail to comply with the rule will be heavilThethe move. In addition, they issued some warnings to individual businesses and commercial banks concerning adopting the country’s digital assets as pa through the movement options. In December, through the move Bank of Thailand mentioned its plan of drawing out measures for regulating crypto-related activities. The regulation, which was tagged ‘Red Lines,’ will cover both businesses and individuals within the crypto industry. Featured image from Pixabay, chart from TradingView.com

New York, NY, Jan 18, 2022 - (ACN Newswire) - The SAVAGE marketplace launches in January, after an IDO on FantomStarter and Occam (Jan 17th-19th), and the $SAVG token goes live on Gate.io on January 20th, 2022 (12:00 UTC).

The increasing popularity of Non-Fungible Tokens (NFTs) has liberated artists and content creators by removing the necessity of using bloated legacy platforms and connecting creators directly with the customer. Yet until now, some artists have been left out in the cold. This is in large part due to the size requirements of their medium and the environmental concerns surrounding current NFT marketplaces.

Most phones are able to record High-quality 4K and 8K videos, this produces large file sizes and the current marketplaces cap their uploads around 10MB-40MB. Additionally, photographers wanting to sell the highest versions of their work (TIFF or RAW) have had to settle for compressed JPEGs.

Savage will give creators the ability to share their work in whatever format they choose. Whether it's the original RAW image or 4K/8K ProRes video, by increasing file size limits to 2GB, artists have the freedom to display their collections in unrivaled quality.

However, this is not the most important issue that SAVAGE corrects.

Most of the popular NFT platforms operate on blockchains that use Proof of Work (PoW) consensus mechanisms and because of that, the energy consumption coming from them has exploded. Minting a single NFT typically requires the same amount of energy used to power a laptop continuously for three years.

Enter SAVAGE

By creating their own utility token on Polygon's Proof of Stake (PoS) protocol, SAVAGE requires only 0.002% of the energy required by a PoW marketplace. This decision allows us to increase maximum file sizes, while keeping minting fees to a minimum. Building on Polygon, ensures total compatibility with Ethereum and a smooth transition to the ETH 2.0 protocol, should that become a viable option.

SAVAGE was built completely from scratch as a content marketplace for today's photographic and videographic creators to sell their work responsibly.

The SAVAGE marketplace platform is powered by the $SAVG token, which is utilized for carbon-neutral minting, purchase, and payout of NFTs, trustless digital rights management, and ensuring fair governance on transition to the SAVAGE DAO.

People can be one of the first to own $SAVG by participating in the upcoming IDOs on OccamRazer or FantomStarter! For the most up to date information join Savage on Discord or Telegram

Media Contact

Neil Sisson, Savage
Twitter: @neilsisson | @thesavageapp
Email: [email protected]
Website: https://savage.app

SOURCE: SAVAGE

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

In our current digital age, data is king. Businesses of all sizes are increasingly looking to monetize user data in order to power their products and services. However, the way in which these businesses go about extracting value from data often lacks fairness and transparency. Take Facebook, for example. The social media giant has come…

The post The Importance of True Digital Ownership in An Age of Data Monetization appeared first on Bitcoin News Miner.

The Monetary Authority of Singapore has taken a firm stance on crypto companies advertising their services to the public.

HONG KONG, Jan 17, 2022 - (ACN Newswire) - Affordable housing has created huge market potentials for prefabricated and green buildings.

Recently, frequent implementation of affordable housing support policies has created huge market potentials for prefabricated and green buildings. Market analysis pointed out that PC component manufacturers in the prefabricated construction supply chain will be key beneficiaries from these new policies.

As the most preferred brand in the prefabricated construction industry for three consecutive years, Broad Homes (02163.HK) will likely benefit from the recent policy catalysts. To highlight, the Company operates in both to-B and to-C business under its dual mode business model, which gives the Company potential to grasp onto a larger market share in this industry uptrend.

First and second tier cities are actively responding to affordable housing policies.

According to market data, since the beginning of December 2021, the Prefabricated Building Index (931020) rose nearly 10%, driven by discussions during the Politburo meeting in December to further promote construction of affordable housing. Similar discussions also took place during the Central Economic Work Conference, indicating growing interest from high-level officials.

In the past year, affordable housing support policies have been frequently issued. The Politburo meeting mentioned the promotion of affordable housing construction for the first time in April and again in December. In addition, in July, the Politburo discussed the need to accelerate rental housing development and implemented supporting policies surrounding land usage and taxation. During the Central Economic Work Conference in December, discussions surrounding the need to "accelerate the development of the long-term rental housing market, promote the construction of indemnificatory housing, support the commercial housing market and better meet reasonable housing needs of buyers" are highlighted. Huachuang Securities pointed out that both the Politburo meeting and the Central Economic Work Conference have prioritized affordable housing before commercial housing, reiterating high-level officials' focus on affordable housing.

In terms of specific development goals, the Ministry of Housing and Urban-Rural Development issued the "Notice on the Monitoring and Evaluation of the Development of Affordable Rental Housing in 2021" in November 2021. The notice monitoring and evaluation of the development of affordable rental housing in 2021 in November. The notice outlined that during the "14th Five-Year Plan" period, the supply of affordable rental housing will be largely increased, and the proportion of new affordable rental housing to total new housing supply is targeted to reach 30% or more.

Meanwhile, key first and second tier cities have responded actively to recent policies and announced relevant targets for affordable housing construction during the "14th Five-Year Plan" period. Among them, Beijing, Shanghai, Shenzhen set targets of over 45% for new affordable housing to total new housing supply.

The affordable housing industry is one of the most important application areas for prefabricated buildings. Therefore, the acceleration and expansion of the affordable housing market will generate growing demand for prefabricated buildings.

According to Huachuang Securities' estimates, the annual new construction area of 123 million sqm corresponds to RMB 446.3 billion in affordable housing related investments, indicating huge volume growth in the affordable housing sector. Considering part of the growth will be hindered by the impact of fluctuations in real estate regulations, the proportion of prefabricated buildings to new construction buildings will continue to increase, benefiting industry leaders in the prefabricated construction sector.

Prefabricated buildings is the most optimal method of construction under the "dual carbon" targets

Prefabricated building refers to the use of modern manufacturing, transportation, installation and scientific management of production in replacement of traditional production where manufacturing process is more scattered, offers lower quality and efficiency, and requires intensive human labor. The key characteristics of prefabricated construction is standardization of architectural designs, industrialization of component production, mechanization of construction, and scientific organization and management. These include residential buildings produced through prefabricated construction methods.

There are two reasons to support why prefabricated buildings best fit affordable housing demands.

Firstly, prefabricated construction method significantly shortens the construction period. Time-saving is the key advantage of prefabricated buildings because early delivery corresponds to earlier collection of rent. According to Everbright Securities' estimates, assuming rental price of affordable housing is RMB40 per sqm per month, saving 9 months of construction period would correspond to a total cost savings of RMB360 per sqm.

Secondly, prefabricated buildings help reduce environmental burden throughout the construction process. Different from traditional construction methods, prefabricated construction reduces manual operation and on-site wet construction, and incorporates digitally integrated technologies to support the modernization, intelligence, and other green construction characteristics. Prefabricated buildings also best fit the low-carbon building criteria for affordable housing. The "dual carbon" target acts as an important requirement for construction projects and helps guide the industry towards adopting more green methods of construction.

Founded in 2006, Broad Homes is the largest manufacturer of PC components and PC production equipment in China. In November 2010, Broad Homes was listed on the HKEX and is also the first company to IPO in the prefabricated construction sector.

According to Broad Homes' 2021 Interim Results, the Company's PC component revenue increased 12.4% YoY to RMB1.138 billion; PC production equipment business increased 306.6% YoY to RMB221 million. The increase in revenue is driven by market expansion and growing demand of PC components.

As the pioneer and leader of China's construction industrialization, Broad Homes adheres to green development. Guided by the "14th Five-Year Plan" and 2035 targets, the Company aims to continuously improve the quality and efficiency of industrialized production, better serve the need for green and low-carbon development in rural areas, and explore innovative ways to promote the construction of affordable housing.

Broad Home's innovative prefabricated product development maximizes time value saved from early delivery.

It is worth noting that, in addition to the PC component business on the to-B end, Broad Homes also launched products on the to-C end in the second half of 2021.The three products from the to-C business are highly standardized and fully assembled buildings, including PC high-rise buildings, B-Homes(fully assembled, low-rise/multi-story buildings), and BOX modules.

These products are characterized by their short construction period. It is reported that the multi-story, fully-assembled B-Homes' main body can be completed in 8 days and delivered with fine decoration within 100 days. This breakthrough in quality and efficiency truly allows the productization of buildings.

Broad Homes noted that the Company has accumulated years of experience through their B-Home business and will bring positive synergy to the new BOX Module product. The amount of new contracts from BOX Module shows that the product is already gaining market traction with the price of fully-prefabricated buildings being lower than cast-in-place buildin gs. With many projects in the pipeline, the Company will continue to explore innovate application areas for prefabricated buildings.



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAffordable housing has created huge market potentials for prefabricated and green buildings.

Over time, nonfungible tokens (NFTs) have proven to be one of the hottest sectors in crypto, and now the U.S. government may finally be ready to get its share from this booming sector. According to a report by Bloomberg, officials of the Internal Revenue Service (IRS) announced their plans to begin cracking down on NFT investors

The post NFT Investors Are Owing Billions In U.S Taxes, Here’s How IRS Plans to Collect Tax appeared first on CoinGape.

Michael J. Hsu said that the mainstreaming of crypto has occurred despite regulatory and legal uncertainty, and a series of scams, hacks, and other disruptive events.

Twitter users everywhere are seemingly confused by a new tweet issued by Oscar-winning actress Reese Witherspoon. Reese Witherspoon Tweets About Crypto, People Push Back Users took issue with the randomness of the message, which reads as follows: In the (near) future, every person will have a parallel digital identity. Avatars, crypto wallets, digital goods will...

The post Reese Witherspoon Takes Flak for Recent Crypto Tweet appeared first on Live Bitcoin News.

As exciting and innovative as the DeFi space is, bad actors creating worthless tokens have continued to wreak havoc and impede adoption.