SEC Commissioners Hester Peirce and Elad Roisman said in a joint statement that Gary Gensler’s recently released Regulatory Flexibility Agenda falls short of providing much-needed regulatory clarity on crypto and digital assets. The Commissioners said that while Gensler’s agenda was ambitious, they were ultimately “disappointed with its content.” While the statement was directed at the […]

The post SEC Commissioners Say Chairman Gensler Falling Short on Crypto Clarity appeared first on Coin Bureau.

Hierocoin aims to create a platform whereby artists and the hip-hop community can leverage blockchain technology to secure their hard earned returns.

Why Heirocoin Is Banking on DAO

Hierocoin represents a digital token that targets to transform the music industry. It is an innovative platform built by Brooks Boyd. The project came to life in 2014 through Jonathan Owens as a beta version. It launched in December 2021 after years of research and tests.

Hierocoin's DAO will enable users to design policies which favor the entire platform. The DAO system implements the set rules where no third-party will become involved. 

The structure could also deal with power-related issues since there will be collective participation from the community. 

What Heirocoin Represents

Hierocoin borrows its name from the legendary music group known as Hieroglyphics. The platform, however, guarantees that it doesn't associate its milestones or failures with Hieroglyphics and Hieroglyphics LLC. 

The project's native asset is known as BAR and runs on the Binance Smart Chain. BAR's primary use case aims at building a DAO system that supports market scarcity of the token. 

Farming is the second use case that allows investors to stake coins and receive rewards in return. Besides, individuals can use BAR in the Hiero farms to generate more BAR tokens. The users' staking amount and the pool's staking rates will have an impact on their rewards. 

According to the platform, the Hierocoin Bar token's goal is to help embrace art and promote upcoming artistic projects.

Users can also spend their BAR tokens on Hierovr.com, the project's metaverse world. Hence, BAR acts as a regular currency that enables users to shop and encounter several experiences in the metaverse. 

It further supports a gaming network whereby players participate in completing quests for hidden tokens and is able to bridge virtual items with real-world purchasing.

BAR has a total supply of 93M and a circulating supply of 3,207,200 tokens. The initial liquidity amount accounts for 50M BAR together with another liquidity contribution of 33,810,000. 

The distribution chart also dedicates 9M tokens to the Hieroglyphics music group. Lastly, airdrops and Hierocoin use 300,000 BAR and 7,500 BAR tokens, respectively. 

Hierocoin's Recent Presale and Auditing Spells Success

The project successfully held its presale which began on 25th November to 8th December, 2021. BAR is currently available for purchase on  PancakeSwap. KYC and auditing procedures provide startups with security for their investors. 

Hierocoin therefore has two auditing reports from popular security firms known as SolidityFinance and OpenZeppelin. 

An additional KYC examination was done by SolidProof, a German-based firm offering blockchain security solutions. Carrying out both procedures gives users a sense of trust and security in their investments. 

We’ve all heard the rumors; a bear market is coming eventually. Whether it be in 2 months or six months is up for anyone to guess; however, we know it will be here, and you want to be prepared when it does. It’s nothing new in the crypto industry, and those that have been here […]

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Benefits Of Crypto Payments And DeFi Projects For SMEs And Bitpace Customers

It's been over 10 years and it is safe to say that cryptocurrency is here to stay. Since the launch of the first cryptocurrency, the Bitcoin, the crypto market has witnessed a proliferation of digital currencies. It is estimated that there are currently over 9,000 cryptocurrencies today. The crypto space has been met with resistance from governments and corporations but one can say that it is gradually winning the hearts of some governments and corporations. With the global dominance of the crypto market, the benefits of DeFi projects and crypto payments are becoming more apparent and everyone seems to be gradually catching the buzz. This article talks about what Bitpace customers and SMEs stand to benefit from crypto payments and the various DeFi projects in the crypto space. 

Understanding Crypto Payments and DeFi Projects

Governments and corporations alike are becoming more receptive to the idea of digital currencies and accepting them as a form of payment for their products and services. For example, the Venezuelan government partnered with Litecoin to be used as a means of payment in Venezuela's mainstream international payments system. The Australian government does not tax cryptocurrency transactions. In the business world, corporations such as Microsoft, which started accepting Bitcoin as a form of payment as far back as 2014 for its games and apps have been receptive to crypto payments. PayPal, Starbucks, Etsy, and Overstock all accept Bitcoin as a form of payment for their products and services.

Crypto payments simply mean the act of using any cryptocurrency to pay for goods and services as against the conventional fiat currencies. Because of the digital nature of cryptocurrencies, crypto payments can only be done online via cryptocurrency payment gateways such as Bitpace. Payment gateways provide a platform for businesses to accept crypto payments from customers in exchange for their products and services. The payment gateway sector is gradually becoming a booming space and Bitpace has established itself as a reliable gateway for merchants and customers to exchange cryptocurrencies for products and services.

For investors, cryptocurrencies can also be used as a means of payment for other cryptocurrencies. For example, someone that has Litecoin and wants to exchange it for Bitcoin can use crypto payment platforms to do this. Depending on the terms and conditions of the exchange you're using, you can exchange Litecoin for Bitcoin for the value on the crypto exchange platform. You can also use crypto to pay for fiat currency. This is also a form of crypto payment. In this case, you will be using your crypto as a form of payment for fiat currency. Most crypto exchanges like Bitpace offer these crypto payment services. With Bitpace, you can make payments with cryptocurrencies like Bitcoin, Litecoin, Ethereum, Ripple, TRON, IOTA, and so many others. 

DeFi projects, on the other hand, are decentralized finance projects that are based on blockchain technology. DeFi platforms use smart contracts on blockchains to offer financial instruments. A good example is Ethereum. This is different from the central financial intermediaries such as banks, brokerages, or exchanges that offer conventional financial instruments. In other words, users of DeFi platforms can trade cryptocurrencies, borrow or lend funds, speculate on the price movement of different assets using derivatives, earn interest in savings like accounts and insure against risk. All these transactions are done directly between the users of a DeFi platform. It eliminates the need for intermediaries. As of October 2020, it was estimated that a total of $11 billion in cryptocurrency had been deposited in various DeFi protocols. This figure rose to $20.5 in January 2021. 

What SMEs Stand To Gain With Crypto Payments And DeFi

With the big corporations already driving up their interests in crypto payments and DeFi projects, there is no better time for SMEs to join in. They have a lot to gain in adopting the same for their businesses. Here are some benefits of crypto payments for SMEs:

1. More Option For International Payment - If your business involves receiving payment from across the border, you will agree that it is usually fraught with issues like limited payment options and lag in transaction approval. Checks are sometimes inefficient, payment may take days sometimes, and online payment platforms are not accepted in every country. Crypto payments by nature are peer-to-peer payment systems that allow your customers to make payments without any intermediary determining the transaction. With a crypto payment platform like Bitpace, you can receive payments within minutes. 

2. No Issue Of Chargebacks - Business owners are at a risk of credit card chargebacks when payment is reversed by the intermediary. With crypto payments, you do not have to worry about third-party intermediaries reversing payment because of the peer-to-peer technology.  

3. Lower Transaction Fees - The different payment methods available to businesses have high transaction fees. Most payment merchants have set up fees, flat transaction fees, and a percentage of the payment made. Cumulatively, this will be on the high side and affect your business. With crypto payments, peer-to-peer transactions do not charge any transaction fee.

4. Penetration Of Younger Market - Cryptocurrency is most popular among the younger generation. They also have a better hang of it. They will be disposed to patronize a business that offers a crypto payment option as against the one that offers only fiat currency payment. Therefore, your business gains a wider market penetration in the youth demography. 

5. Secured Transactions - The decentralized nature of cryptocurrency guarantees a secured crypto transaction. Blockchain technology protects you from fraudsters. Blockchain technology also stops customers with insufficient funds to make payments. This prevents unnecessary time-wasting and chargebacks. 

Bitpace Crypto Payment Gateway

Bitpace is a crypto platform that offers crypto-based financial services for individuals and businesses. This crypto payment platform provides businesses with a platform that has multi-payment acceptance features and cryptocurrency trading. You also get fixed and dynamic deposit options that allow businesses to accept cryptocurrencies for their products and services from customers. You can also install Bitpace plug-in on your website and use the platform directly to receive crypto payments from your customers. In addition to serving as a payment gateway, businesses can also trade cryptocurrencies on Bitpace.  

Bitpace offers excellent crypto payment services that will ensure the smooth running of your business. Some of these services include:

1. Fixed Deposit - This service enables you to receive crypto payments from your customers in a wide range of cryptocurrencies. It also gives you the option to withdraw the value of these crypto payments in Fiat currency. Your transactions are guaranteed to be quick and secure.

2. Dynamic Deposit Process - This service ensures that your customer can make their crypto payment anywhere and anytime without any hassle. There are complex payment processes. There is a dedicated payment address between you and your customer.

3. Withdraw - Bitpace allows your customers to get their balance in coins without using another platform. All transactions are done on Bitpace. 

4. Trading - Bitpace is not only for business merchants to receive crypto payments. Individuals can also do their crypto trading on the platform. They offer the best crypto rates for traders and investors alike.

Bitpace is a reliable crypto payment gateway that guarantees easy, risk-free, secure, and convenient transactions for businesses and their customers. Once you install the Bitpace API and enter your secure login, you can begin to get paid in Bitcoin or other supported cryptocurrencies. You can choose to deposit your Fiat money in your bank account or have your crypto payment transferred into your crypto wallet.  

Benefits Of Using Bitpace For Crypto Payments

1. Multiple Cryptocurrencies - For business owners, Bitpace allows you to receive a variety of cryptocurrencies as payment for your products and services. There is a wide range of digital coins you can receive as payment. From Bitcoin to Algorand. All you need to do is register as a merchant on the Bitpace platform and you can start receiving crypto payments for your business. 

2. Easy and Fast Payment Processing - Bitpace offers instant payment processing services when you use the platform. You will not have to worry about delays in transaction glitches. Your customer pays you in crypto and you receive the payment instantly. You also do not need coding knowledge to be able to integrate Bitpace crypto payment on your website.

3. No Chargeback Fraud - Chargebacks are a major issue on payment platforms, be it fiat currency or cryptocurrency. Bitpace platform ensures you do not experience chargeback frauds on the crypto payment for your business. 

4. Affordable - The Bitpace crypto payment platform is very affordable for businesses to use. Bit Pace does not charge unnecessary fees such as commitment fees, monthly fees, or any other form of upfront charges. 

5. Global Presence - Bitpace has a worldwide reach that is an obvious advantage for businesses using the platform. Businesses that have customers all over the world can receive their crypto payments without any hassle.

6. Refund Process - When you have issues with your payment transactions, Bitpace offers a fast and reliable refund payment system. Whether you're underpaid or overpaid, you can initiate a refund process that will ensure you get what is due to you.

7. Partial Payment - This feature helps build your business, especially if you're just starting. It gives your customers enough time to fully pay for your products and services. 

Conclusion

It is hard to deny that the world is becoming more and more digital each day; the introduction of the Metaverse, cryptocurrency getting adopted by not only businesses but also by countries, and so on. Cryptocurrency is sitting right in the middle of all these developments and the next phase of life. It is still not late to integrate cryptocurrency into your businesses, take advantage of the countless benefits the crypto payments offer and take your businesses to the next level.

Academic research out of Australia suggests that Ethereum is empirically a better store of value asset over Bitcoin (BTC). The research was co-authored by Ester Félez-Viñas from the University of Technology Sydney, Sean Foley from Macquarie University, Jonathan Karlsen from the University of Western Australia, and Jiri Svec from the University of Sydney. The paper […]

The post Researchers Say Ethereum Superior Store of Value vs Bitcoin appeared first on Coin Bureau.

AjeVerse announces plans for the first African Metaverse project release enabling users to create and trade NFTs on the platform's proprietary NFT marketplace.

Additionally, AjeVerse will launch a unique charity program to donate 5% of its total token supply to police brutality victims.

AJE is a decentralized metaverse operating on the Binance Smart Chain (BSC). Its goal is to allow users to explore and trade in Africa's first-ever virtual space. There, participants can use the platform's native token, $AJE, to create, trade, and transfer NFTs.

This project seeks to fill the gap between the centralized, physical world and the virtual, open-source space. In this regard, it will use cryptographic protocols to manage the digital value of real-world assets on the blockchain.

The native utility token $AJE will act as the connective medium and means of accessing the AJE Metaverse. Also, it will provide AJE holders with voting rights on the platform. Therefore, the metaverse will become a member-governed decentralized autonomous organization (DAO).

Lastly, AJE will donate 5% of its total token supply to a charity fund that the community holders will manage. Through it, victims of police brutality in Nigeria will receive helpful resources to improve their situations.

Alternatively, the fund will also donate to female victims in war-torn countries such as Sudan, Iraq, the Democratic Republic of Congo, Sierra Leone, Kosovo, and Bosnia and Herzegovina. The 5% allocation will be vested and released monthly for 3 years to support various communities within the beneficiary demographics.

The project's whitelisting process has started on December 1st, 2021.

About AjeVerse

AjeVerse is an African community-driven meme token that plans to lead Africa's metaverse and NFT revolution. Its mission is to create a well-organized community with self-governance and vesting powers to bridge the virtual and physical worlds.

The AjeVerse team is available at:

Website: https://ajeverse.com/

Telegram: https://t.me/ajeverse

Twitter: https://twitter.com/theajeverse

Instagram: https://instagram.com/ajeverse

Veteran Art Dealer Avery Andon, has launched a highly curated Art NFT platform and marketplace, ArtGrails (https://www.artgrails.com/). In an epic hip-hop power move, Andon, an artist manager and lifelong advisor to some of Hollywood's most elite celebrities & art-collectors, has paired hip-hop legend and WuTang Clan founding member, Ghostface Killah, with world-renowned jeweler, Jason Arasheben, aka Jason of Beverly Hills. 

The two have melted down Ghostface Killah's “Golden Eagle Bracelet,” an iconic piece of hip-hop history, turning the one pound 24k solid gold bracelet into a giant one pound gold coin, minted as an NFT. The original was created by jeweler to the stars, Jason Arasheben, better known as Jason of Beverly Hills, whose clients include LeBron James, Drake, Sean “Diddy” Combs, Mariah Carey, J-Lo, and more. 

On November 30th, the coin and an NFT video of the bracelet being melted and minted, will be available as one exclusive set (ultimately available to only one buyer) via auction on the ArtGrails platform. To kick off the launch of the platform and the beginning of Art Basel 2021, ArtGrails is hosting an invite-only VIP viewing event, art show, and kick-off party on November 30th in the design district of Miami. No part of the exclusive ‘minting event' video will be posted online by ArtGrails, leaving the auction winner the power to decide if the ultra-exclusive NFT-backed video becomes available for public viewing elsewhere.  

Ghostface Killah's solid 24k Gold Eagle Bracelet is an emblem of hip-hop history, and now, in a display that is quintessentially ‘2021', someone other than Ghostface will be able to own the iconic WuTang member's bling –– only in the form of a one-of-a-kind gold coin created from the melted bracelet. The coin comes with an NFT video featuring Ghostface and Jason of Beverly Hills melting the eagle bracelet and transforming it into the 1lb coin. 

Arasheben has pushed the boundaries with an immutable impact on hip-hop history by eliminating one iconic piece and creating another. For the first time, his creation combines the tangible and digital world. Together, Ghostface Killah and Arasheben have taken performance art, the entire concept of ‘collectible jewelry' and non-fungible token and smashed all barriers and preconceptions to create the one-of-a-kind set. The lucky auction winner will have the opportunity to work with Arasheben to further customize the coin in case a necklace chain or other custom mount is desired. 

Avery Andon, the founder of ArtGrails, had the idea to pair Ghostface Killah with Jason of Beverly Hills for this legendary piece. He is the lead curator on the majority of the platform's upcoming NFT drops, which feature equally compelling artists, celebrities, and collectibles. The ArtGrails' ArtBasel event is a culmination of months of hard work by Andon, not only with the Ghostface project but also because he has had a large hand in creating and developing the technology behind ArtGrails.

“This auction features some of the most monumental custom NFTs ever created, which required a platform that provides a truly custom experience for delivering high-end art,” said Avery Andon, Founder and CEO of ArtGrails. “With NFTs en route to becoming an industry standard, ArtGrails pushes the industry forward, demonstrating that the future of fine art and collectibles goes beyond paper certificates of authenticity; therefore raising the standard for art buyers, owners, and dealers.” 

The ArtBasel Miami kickoff party and VIP event on Friday, December 3rd represents a large milestone for ArtGrails. The pieces on display at the ArtBasel event will all be tangible wall pieces. The physical art will only be sold along with its accompanying NFT. It can not be resold or bought without the NFT, immutably tying the real world artwork to the blockchain ledger.

The singular 1:1 set made up of the Ghostface Killah Gold Coin and the NFT Video of the melting eagle bracelet will open for auction on ArtGrails.com beginning at 5:00PM EST on November 30th and will run until 5pm EST on December 5th. The coin and video will be on display in Miami for the duration of the time. The ArtGrails launch event will also showcase a pair of NFT 3D Illustrations that will be minted in limited numbers beginning on Monday, December 6th on the ArtGrails platform. 

In addition to the Ghostface Killah NFTs and Coin, the event will feature other renowned NFT and contemporary artists including Cory Van Lew, Matt Gondek, Javier Martin, and Anthony James.  For more information on the event please contact: [email protected] 

To learn more about ArtGrails and to participate in the online NFT auctions, please visit the ArtGrails website at ArtGrails.com

About ArtGrails

ArtGrails is an NFT technology platform that aims to lead the market in high end, exclusive, luxury collectibles sold as NFTs.  The high-touch, exclusive NFT platform has a hands-on approach to curating and selling contemporary art and believes in a future where every piece of art is tied to a unique NFT identifier, immutably tied to a blockchain.

When Bitcoin was first made known to the world, its design of being a new circulating currency to replace fiat was its most alluring aspect. It spoke to those who were looking at ways to “stick it to the man” every opportunity they got. It wasn’t until much later that this idea was overshadowed by […]

The post The Lightning Network Electrifies Bitcoin appeared first on Coin Bureau.

There is an “architectural shift” in technology and in the world brought upon by cryptoassets, which many crypto supporters miss, according to Marc Andreessen,...

There is an “architectural shift” in technology and in the world brought upon by cryptoassets, which many crypto supporters miss, according to Marc Andreessen,...

Similarly, in the blockchain and the crypto sector, the idea of NFT gaming has gained momentum very fast. Platforms like Axie infinity and many others have been benefiting vastly from the NFT craze in 2021. Gamers have gotten a new way of earning and maximizing incomes while gaming. Brute Force Fight is an example of a platform that aims to benefit from the NFT craze and simultaneously help users earn passive income while gaming. 

Brute Force Fight defines itself as an NFT gaming network designed with a top gaming experience for players. It combines the concept of NFT gaming with Defi tokens thus is a play and earn platform.

How does the Brute Force Fight gaming network work? Please keep reading to see more about this platform and why December 2021 will be significant for them.

Brute Force Fight Game Description 

Brute Force Fight combines NFT and Defi to offer an excellent experience to gamers. It uses the PvP and PvE game modes with a storyline of space exploration.

The universe was enjoying some peace until the discovery of interplanetary mining. Now, people from all over the universe, planets, and races are fighting to take control of space resources. In this game, you have to battle against other space pirates and win. The pirates may include other real-world players, AI-controlled ships, and other dangers.

In the game, players have the freedom to form federations. Federations are team-ups with other players. These federations can fight with other federations to take control of the given resources.

The concept of the Brute Force Fight gaming network is to allow players to mine resources and conquer other planets. When conquering, the teams will attack, set base, and fight other bases. Once you and your friend (federation) conquer a planet, you can continue mining.

Aside from conquering, you can also get into trade activities with other federations, bases, and nations. More so, since this is an interplanetary game, you can search for contacts with other races.

The $BFORCE Token

To power the entire network, Brute Force Fight introduced a native token, $BFORCE. $BFORCE is a BEP20 token that will help in different services within this ecosystem. Among the services include payment and exchanges.

According to their documents, they have a maximum supply of 10 million $BFORCE tokens. However, in the coming presale, they cap a total supply of 10 million tokens. The network distributes the tokens as follows;

• 50%, 5 million go to the community during the ICO

• 4 million tokens, 40% go to 3 Month lock for Game NFTs Marketplace

• 0.5 million tokens, 5% will be released through vesting, 1% per week for marketing 

• 2% will help in marketing works.

• 2% for game development

• 1% for private sale airdrop

Other Features

Audit and KYC

Brute Force Fight had Solidproof audit their smart contracts to secure the player's and investors' funds. The idea of auditing contracts is to ensure they are not vulnerable to external or internal attacks. Auditors often check the code to ensure it's correct and has no errors. Hence, the contract will not be a threat to the gamers in this network.

Aside from the audit, Solidproof conducted a KYC scanning of the Brute Force Fight team. KYC, Know your customer, basically involves looking deep into the people around the project. In this case, the persons who are given a more profound look are the team members. The intention is to see whether the team members have any money fraud issues.

However, the audit and KYC report will be released once Solidproof is through with the process. The report will be available via the website and social media pages.

The BSC Base

The Brute Force Fight gaming network took its base in the Binance smart chain. But why? Ethereum, which provides smart contract support, is currently facing tons of issues, including lacking scalability.

However, BSC was developed to be the alternative for Ethereum. Hence it's scalable and has high speeds. The Brute Force Fight will therefore have an easy time expanding and serving more gamers globally. This gaming network is consequently looking into its future.

NFTs Shopping

The Brute Force Fight network also introduced an NFTs shopping in-game market. Users of this market will leverage $BFORCE native coin to buy and sell NFTs.

According to them, this online in-game marketplace will be available to gamers and everyone else.

Accordingly, the network will be airdropping NFTs to players. The trading platform will enable players to exchange the NFTs with $BFORCE tokens.

Brute Force Fight Team

The Brute Force Fight team is made up of several people, all majoring in different fields. Among the tasks worked on by the team include, 

• Software Engineers

• Designers

• Marketing Manager

• Social Media Experts

However, the network has not fully displayed the names of the tea members. Hopefully, they will do so soon.

Developments Coming Soon

According to their social media pages, December will be a big month for the Brute Force Fight network. One of the significant happenings this December will be the token presale. Starting December 7th, Brute Force Fight will launch the ICO on the Unicrypt launchpad. So, ICO investors can spare December 7th to participate in this presale. 

Brute Force Fight intends to sell 5 million tokens by the end of the ICO. Their target hard cap is 2000BNB. 1 BNB will be equal to 1500 $BFORCE Token during the ICO period. Maximum spending per wallet during the ICO is 3BNB, which is an equivalent of 4500 $BFORCE.

Immediately following the ICO will be the tokens listing in exchanges. The listing price is set at a little higher than the ICO price. 1BNB will be equal to 1350 $BFORCE. Aside from exchange listings, $BFORCE intends to list in analytical networks like Coingecko and Coinmarketcap this December.

In February next year, Brute Force Fight will officially launch the game for the public. Investors, gamers, and crypto enthusiasts should watch out for this gaming network. You can also join our communities on Twitter, Reddit, and Telegram to get more updates as they come. 

3air will kick off its public sale on November 26, as seen on the presale page.

3air Token Public Sale Details

The platform is building its upcoming public sale on the successful private sale rounds, which saw numerous participants joining. Currently, users register for the public sale and are awaiting Know Your Customer (KYC) and AML verifications.

The platform will sell the token at $0.06 at the public sale, which will offer the initial and final supply of tokens in presale rounds. To enter, you will need a minimum ticket of $600, while the maximum investment opportunity stands at $49,800.

The team securely developed the token on Cardano, utilizing the blockchain's IOHK Atala Prism Identity Management solution.

The platform will dedicate 20% of the 1 billion maximum token supply to the public sale. This allocation differs from the seed sale and private rounds, which represented 1% and 11% of total supply, respectively.

3air provides a detailed breakdown of its token sales. Also, the company believes that the disclosure of the token's distribution is crucial to prevent future supply changes.

The platform reassures its user base that all token distributions run on smart contracts. Therefore, you will receive your tokens once the sale closes automatically through an app on your ADA wallet.

Unfortunately, some countries will not be able to participate in token sales. The US, North Korea, Zambia, Central African Republic, British Virgin Islands, China, Venezuela, Iran and Iraq.

Tapping into Untapped African Markets

Investors have long recognized the African continent as a region full of potential and talent. However, the current lack of broadband internet and its supporting infrastructure causes a digital divide that slows down economic growth.

African cities can grow faster and thrive with more reliable internet connectivity. However, building telecommunication lines and burying fiber network cables requires substantial investments in infrastructure. Currently, internet providers focus primarily on business districts only, and Internet connections are limited and unreliable. A report by the World Bank estimates that it would take over $100 billion of investment and 10 years to achieve widespread broadband connectivity using traditional means.

3air recognizes this need for high speed internet and aims to close the digital divide faster and at lower costs. In a simulation of market potential using Nigeria as an example, 3air estimates that the value of the Nigerian markets' untapped annual revenue for Internet services is worth $60 billion. Establishing more affordable and faster internet connectivity would therefore not only benefit local populations, but token holders as well.

3air uses all these factors as motivation to provide broad premium bandwidth in African cities to previously underserved areas. In this regard, the platform relies on a talented and experienced team of specialists in IT, blockchain, marketing, and telecommunication.

Blockchain technology is leveraged by 3air to provide a trustless, decentralized environment that maintains security and user data protection. Users will be able to create digital identities, enabling access to bankless payments, health, work and education. Internet, TV and IP Telephony subscriptions will be paid for using the 3air token. The token will also be used for bandwidth sharing, HW insurance and maintenance, rewards, referrals, staking and community governance.

Fruitful Partnerships

Besides developing on Cardano, 3air is acquiring more partnerships to drive its vision to completion. One of these strategic collaborations is with the telecom service provider K3 Telecom. The Swiss company's patented technology will develop the broadband connection for 3air using innovative wireless technology that is able to set up high speed internet connectivity in a new region in a matter of months. 

Its optic grade air connectivity can provide 1Gbps internet speed and over 150 television channels. The technology, K3 last mile, is ready for the world, utilizing innovative technology, a functional business plan, and a successful proof of concept in Sierra Leone. Other 3air partnerships include collaborations with IT TIM, CV Labs Global, and iceaddis.

These business and technological joint efforts show 3air's commitment to providing Africa with better internet connectivity. Thanks to its innovative projects and ideas, individuals and businesses in African cities will finally upgrade to fast and cost-effective internet services.