The most ambitious project on the Internet Computer (IC), developed by the DFINITY Foundation, gears up for major announcements. On the heels of a major funding announcement in November, ORIGYN Foundation is set to launch the public listing of its native OGY utility token in the first quarter of 2022. OGY provides governance and staking […]

The post ORIGYN Foundation to Launch OGY Token Amid Major Partnerships appeared first on NullTX.

The WTF airdrop, marketed to Ethereum users, botched everything imaginable for its token launch, and the group promises it wasn't a rug pull.

The post Crypto airdrop tries to cover everyone’s Ethereum gas fees, fails miserably appeared first on Protos.

By now, you know that I’m a big fan of NFTs. I’ve been collecting blue-chip projects and make sure I regularly tell my followers what projects I’m investing in. It is true however that blue-chips are expensive, especially for a newbie to the NFT space. As a result, I try to give updates on NFT projects in their minting stages, so you can get in early, join a budding community with immense potential and ride the project up to blue-chip status. How about that? Radioactive Apes  One project I think has the potential to be successful is the Radioactive Apes project. This project sets a new standard for generative 3D art. These arts aren’t just superb 3D, they also come with high-quality details and a special combination of traits. The team behind this project are very ambitious as shown with their plans to expand the project’s collection into the Metaverse, adding DeFi mechanics and a lot more. Wondering why I think this project has immense potential, it’s easy. For one, it’s designed and created by deckor.co. This is an interdisciplinary experience and CGI studio. The Apes designed by this company have been rendered in ultra-high-resolution while paying extremely close attention to detail by talented artists. Mint Details There are 10,000 Radioactive Apes available for mint for 0.075 ETH for members who are whitelisted and 0.1 ETH for the general public. If you are wondering, there’s an advantage to being whitelisted. You get to mint a maximum of 2 Apes. To get whitelisted, you can join the community on discord.gg/radioactive and twitter.com/radioactiveapes for more information. The Apes will be revealed when all 10,000 Apes in the collection have been sold. Token After the mint, the team plans to create a Metaverse currency, $RADX. This token will have to support tokenomics and dynamics that bring value to holders of Radioactive Apes NFT. The utility will be provided to the token in the Radioactive Apes metaverse. Utilities like redeeming future metaverse items, mutations, drops and other mechanics will increase the value of the Radioactive Apes and the community at large. Waste Barrels  These are ways by which holders of Radioactive Apes get rewarded. It is funded by secondary sales. The Waste Barrels will be a unique reward that holders can claim weekly and it will hold a variety of items that are claimable like NFTs, Metaverse lands, Radioactive Collectibles, ETH, Whitelist Spots, Merchs and lots more.  DAO  There is a plan to allocate a portion of the proceeds of the mint to form a community-driven fund which will be governed by a DAO structure. However, this is dependent on the outcome of the mint. The DAO will be separate and in addition to the centralized operation of the team. Priority is given to security as the Fund will be set up transparently and securely with a multi-sig wallet. Added to this, a governance structure will be set up to ensure that there is representation from the community to help shape the future of the project. 50 Radioactive Apes NFTs will also be reserved for the DAO treasury. Roadmap  Phase 1 The Blast: High-Quality 3D Apes Radioactive Apes will make its post-nuclear entrance into the metaverse by setting a new standard with jaw-dropping high-quality 3D artwork. The apes are uniquely designed by an interdisciplinary design, CGI, and experience studio. Each ape is curated with high attention to detail to each trait and is rendered in ultra-high resolution. Initial focus on high-quality 3D art High attention-to-detail on traits and rarity Ultra-high-resolution 3D rendering Phase 2 The Gust: Waste Barrel Rewards and Foundation Community  Following the launch, Radioactive Apes aims to introduce Waste Barrels: a periodic reward for NFT holders that are funded by secondary royalties. By holding the NFTs, the community will receive rewards ranging from whitelist spots to quality designed merch. Strengthening foundational community through various initiatives including gated discord channels for NFT holders to harness the collective intelligence, onboarding of community contributors, and set up of rarity.tools so that our collectors can find the right ape for themselves. Gated discord channels for NFT holders Phase 3 The Radiation: Radioactive Merch Store  With the same attention to detail and craftsmanship as its metaverse counterpart, Radioactive Apes aims to expand its presence from the metaverse to the physical world with the production of high-quality merchandise and physical items. The team believes that by bridging the physical world, they can expand the community and contribute to the general adoption of NFTs. Design and produce high-quality merchandise Web3 eCommerce storefront accessible only to NFT holders Expand community and brand awareness Phase 4 The Fallout: Community-driven Initiatives and Treasury  Radioactive Apes believes heavily in decentralization and community. A DAO structure will be formed to enable NFT holders to influence and shape the direction of the project and its … Continued

The post Radioactive Apes; the NFT Project with DeFi Mechanics appeared first on Cryptoknowmics-Crypto News and Media Platform.

At the time of writing, Rematic hasn't been able recovered the stolen funds, however, the U.S. authorities have been notified of the attack. Nevertheless, the company's CEO, Mike Pazuki, announced that several new measures have been put in place to tighten security and avoid future incidents like this.

How It Happened

Last year, Rematic announced it would host an AMA Session in early January. The event represented an excellent chance for the project to solidify its trust and transparency. Also, it would give investors a sneak peek into the platform's development status, budgetary updates, and how their voting service will work.

The AMA Session kicked off on January 2 with overwhelming community support. Unfortunately, it also brought some unwanted attention as the unidentified scammers saw an up and coming project as an opportunity to defraud them.

Rematic CEO commented on the incident:

"RMTX was scammed out of 20 Trillion RMTX, which was valued at $300k at the time this happened. This was done through a reverted transaction of over 7 BTC during the transfer of RMTX to and the supposed investors." 

Allegedly, a group of so-called investors expressed their interest in RMTX tokens. They provided verifiable LinkedIn accounts and credentials, appearing as reliable, well-intended investors. Therefore, the core team did not have a reason to suspect any malicious actions.

The well-planned scam played out over several days after the initial contact. During this period, both parties engaged in several conversations about the company, future objectives, various investment options. After an agreement was struck, the two parties conducted small transactions involving negligible amounts to confirm wallets. After that was completed, the imposters sent over 7 BTC in exchange for 20 trillion $RMTX. During the large transfer, the scammers reverted the BTC deposit. They then quickly liquidated the received RMTX, thus allowing them to keep their 7 BTC and cashing in on selling all of the RMTX they just received.

After notifying the authorities, Rematic immediately informed its community about the incident, sticking to the team's mantra, "Transparency Above All Else."

This is not the first time an up-and-coming project has fallen victim to this kind of crypto scam. There are at least two other communities victimized by the same attack, however, Rematic has been hit the hardest so far. 

How Rematic Tokens LLC is Rectifying the Incident

The ongoing issues could taint Rematic's credibility with the public. Nevertheless, the platform is working to regain its members' trust. Also, the team expressed their gratitude to the community, which is continually offering its support publicly through multiple AMA sessions. 

The core team encouraged users to express their opinions on the issue freely and openly called for stricter security measures:

"While other tokens were scammed for smaller amounts, they have not yet been able to recover from this as RMTX has. We credit this to our amazing community, which has rallied around this incident, and because of their support, we are stronger than ever before. We are extremely fortunate to have a community like this." – CEO, Mike Pazuki

Now, Rematic is working with attorneys and accounting professionals to implement better policies and practices in regard to organizational financial management. This will ensure the project remains true to its mission of making the crypto space better and safer for everyone.

About Rematic Tokens LLC

The $RMTX token reflects EGC on the Binance Smart Chain allowing users to hold $RMTX to earn $EGC. On top of that, having $EGC will enable you to earn $BUSD.

The project launched on December 3, 2021, and has grown steadily since its debut. During the token launch, it garnered 1000 BNB in less than 3 hours, further proving its impressive potential. Currently, the team believes that $RMTX is still just in its infancy with some much potential for growth. Its community now has over 5000 members and growing by several hundred per day. With the decentralized blockchain-based voting platform due for release towards the end of Q2 2022, the best is yet to come for this new project.

For more information, visit: 

Telegram | Twitter | Discord | Facebook | Instagram | Reddit

On Thursday evening, crypto information site fees.wtf launched an airdrop for members of the crypto community. Only it didn't go so well.

The post A look at the fees.wtf airdrop and what went wrong appeared first on The Block.

One major issue the crypto space has faced for a long time now is the issue of interoperability. This however is beginning to be a non-issue as solutions pop up every day in this fast-moving industry of ours. One of these solutions I’ve been impressed with is that of ChainPort and I’d be talking about them in this article.  ChainPort  ChainPort is a permissionless crypto bridge that lets its users port any crypto token to different blockchains like Polygon, Avalanche, Binance Smart Chain (BSC) and Ethereum. ChainPort plans to support all EVM compatible networks. This is detailed on the Roadmap. This ability to transfer tokens to different blockchains enables anyone to make any token blockchain agnostic by carrying out a few simple clicks.  ChainPort works in three simple steps: You deposit tokens You mint them on your target chain  And then they are ready to use on Decentralized Exchanges (DEXs)  ChainPort Features and Benefits  Permissionless — Users can port their tokens between blockchains and boldly trade across the cryptoverse without intervention or limitations.  Simple UX — ChainPort’s porting interface and experience is as user-friendly and simple as it can get.  Embeddable — ChainPort provides a direct link that is connected to the token pair and blockchain of users. This way, it’s easy to have a bridge to the bridge and it’s easier for the community of the user.  Full Interoperability — ChainPort boasts of a full cross-chain portal. This feature allows tokens to port across multiple chains without reverting to the original token.  Fast — ChainPort has one of the fastest bridge speeds in space. An average port takes only 2.5 minutes to complete.  API Integration — You can add ChainPort bridges directly to your token from your digital property.  Secure Bridge — For ChainPort, security is a top priority. The bridge secures all assets on it with a multi-layer technology that combines the latest breakthroughs in MPC cryptography and hardware isolation. There are also other advanced security features like fund segmentation, multi-sig cold wallet protection for assets, multiple contract audits etc.  Live Human Support — There is a live chat support feature on all of ChainPort’s devices How to Use ChainPort  Listed below are the steps you have to follow to successfully use ChainPort’s bridge to transfer tokens between different blockchains.    Connect your Wallet — On a first-time visit to ChainPort, you will need to connect your wallet to the platform. Wallets that are supported include MetaMask, Wallet Connect, Formatic, and Portis. To use other wallets, you can connect them through Wallet Connect via QR. Select a Token —  After connecting your wallet, you have to select the token you want to port over to a new blockchain.  Deposit the Token — After selecting the token you’re trying to port over to another blockchain, you can then deposit that token into ChainPort so that it can be sent over to the blockchain of choice. Approve the Transaction — Next you have to decide how much gas you want to pay for the transaction. This is the last thing you have to do and your tokens will be on a new blockchain.  Check It Out — When your tokens arrive at your Blockchain of choosing, you can press “Check it Out” and you’ll get redirected to Etherscan/BscScan/PolygonScan to view the transaction.  Verified Token   These are tokens that were ported with the help of the ChainPort Team. These tokens have liquidity on the other side of the bridge for you to trade on. Below is a sheet with all the tokens ChainPort supports https://docs.google.com/spreadsheets/d/1-hKsH-n_jIx7ojusO9Wj4UmmgH-WHJN8VTJ5hlvl2E4/edit#gid=0 Token  CPT is the native utility token of the ChainPort ecosystem. It enables a premium discount for utilising ChainPort services throughout the network. Also, with CPT, a rev-share model is enabled for projects and affiliates of ChainPort. These affiliates/projects will earn a percentage of the fees paid for the tokens they help onramp and/or for transactions they refer to the ChainPort network.  The majority of the payable fees are used to buy CPT, which may then be used for burns or in yield strategies. Affiliates, referrers and projects of ported tokens will get some of the fees from the bridge. Holders of CPT who use the bridge with their CPT will have their CPT staked to perform yield strategies.  Another perk of CPT is that its holders will have VIP access to take advantage of the valuable data network effect the platform boasts of. The CPT Token will bridge the data network effect which is generated by ChainPort into a value network effect for all holders of the CPT token. Tokenomics ChainPort has fair tokenomics that has been conceived to share value with its users and supporters. This simple and effective system is built-in and exclusive to the platform. Users Fee + NFT Per Port 0.3% … Continued

The post Bridge your Crypto Tokens to Different Blockchains using ChainPort’s Permissionless Protocol appeared first on Cryptoknowmics-Crypto News and Media Platform.

The WTF token airdrop ended up draining 58 ETH from the users as they reported losing thousands of dollars as we are reading further in our latest altcoin news. The WTF token airdrop got off to a wild launch. Fees.wtf is a simple service that shows ETH users their lifetime spending amount on Ethereum blockchain […]

As the usage of social media keeps increasing, brands are increasingly dependent on social media influencers to help push their products and services to their wide range of audiences. Because of this, influencer marketing has turned into a lucrative business, with the industry said to become a $15 billion industry by the end of 2022. As per the latest calculations, 43% of all social media influencers make an average of $50,000 a year and the influencer economy is estimated to be more than $100 billion.  The Metaverse and Influencer Marketing  The Metaverse is a virtual ecosystem where immersive digital spaces are manufactured for a range of human activities and this involves the integration of both virtual and physical spaces. Back in the 90s when Neal Stephenson coined the term “metaverse” in his science-fiction novel “Snow Crash,” it was just what it was, an imaginary world from fiction. Recent happenings however have clearly shown that the Metaverse isn’t just the product of a talented writer coining words for his book, but that it is a concept that is already here with us and will be a huge part of our future.  To back this claim, we can easily point to tech giants who are obviously in a race to be the first to market for the Metaverse industry. Meta (previously Facebook) invested $10 billion in 2021 to build its Metaverse, while Nvidia is developing an Omniverse, which will connect virtual worlds in the Metaverse. Music star Travis Scott had his virtual concert at Fortnite attended by 12 million people. Microsoft is building its metaverse.  All of these events prove one thing: The Metaverse is real, it is a big deal and it is happening now. As more and more tech giants and social media platforms make the transition into the Metaverse, a big opportunity to create something much bigger presents itself. That opportunity is creating an influencer-centric ecosystem in the Metaverse.  Even though a large majority of social media influencers are untapped when it comes to Metaverse, blockchain and NFT concepts, the Influencer Marketing (IM) niche is worth only $15 billion at the moment. And the NFTs and Metaverse estimated addressable market is valued at more than $1 trillion.  All of these inspired the team at Metafluence to delve into creating a product that plugs the issue of influencer marketing but this time, for the Metaverse. What is Metafluence? Metafluence is a platform that enables influencers to monetize their influence, social media power and creativity in the Metaverse. Metafluence is the world’s first influence-to-earn platform and the solutions they provide for influencers automatically addresses the brand and audience challenges. This enables all the parties to thrive in Web 3.0. Metafluence is the name of the city in the Metaverse and this city is ruled by social media influencers. Metahuts will be the homes of Influencers and will serve as the main architectural elements of the city. This is similar to the plot of lands in the Metaverse. To be considered an Influencer, you must have at least 100+ engagements (including likes, shares and comments) in one of your social media channels. Up to 100 influencers can come together to create a Metaclan, to unify their social media influence and reach.  Vision  Metafluence’s vision is to build an influencer-focused ecosystem in the Metaverse where social media influencers, brands and their audiences can engage easily in a transparent and incentivized manner. Through Metafluence’s influence-to-earn platform, they aim to convert social media influencers into Metaverse entrepreneurs (Metapreneurs).  Token  $METO is the native utility token of the Metafluence platform. It would be used throughout the Metafluence ecosystem and its utility includes but is not limited to; Acquisition of Influencer Homes (Metahuts) or their upgrades Purchases and transactions — NFT purchases, event tickets, premium access, brand stores etc.  Community incentives and governance — This includes incentives for holding the token, affiliate incentives, transaction fee incentives, staking incentives and incentives for being active.  $METO will also be used for voting, curation and as a means for Metaclan memberships. Tokenomics  Token name: Metafluence Ticker: $METO Total Token Supply: 5,000,000,000 METO Initial Market Cap: $155,000 Fully diluted market cap: $25m Token Allocation and Vesting Schedule  Seed Round (3.2%) — Locked for 30 days with daily vesting for 23 months. Total vesting of 24 months.  Private Round 1 (6%) — 5% released at TGE, then locked for 30 days with daily vesting for 17 months  Private Round 2 (3%) — 10% released at TGE, then locked for 30 days with daily vesting for 14 months Public Sale (1.2%) — 10% released at TGE and then vested daily over 6 months  Team (16%) — 6-month lock followed by a 42-month daily vesting  Advisors (5%) — 6-month lock followed by 18-month daily vesting  Partners (4%) — 3-month lock followed by 33-month daily … Continued

The post Metafluence: A Cross between Influencer Marketing and the Metaverse appeared first on Cryptoknowmics-Crypto News and Media Platform.

To tackle issues and support the aim of a decentralized finance ecosystem, SkyLaunch birthed the vision to become a multi-chain initial Decentralized offering platform that will bring changes to the ecosystem. (Read More)

The Karura Project has a lot to live up to. Winning Kusama’s first Parachain Auction in style (somewhat predictably, some might say), brings high expectations. Rather than shy away from the inevitable scrutiny such a victory evokes, Karura boldly self-proclaim as “THE all-in-one DeFi hub of Kusama”. This article explores just how deserving this mantle […]

The post Karura: THE all-in-one DeFi hub of Kusama appeared first on Coin Bureau.

Forward Protocol, the framework of smart contracts that allows any organization to integrate blockchain and Web 3.0 capabilities and enter the blockchain space effortlessly, has officially announced its Token Launch of the $FORWARD token. The Token Sale slated for the 13th and 14th of December will be hosted on DAO Maker and MahaStarter respectively.

The $FORWARD token is the native cryptocurrency of the Forward Chain. It is also the utility token used as reward on all smart contracts deployed from Forward Factory.

First to occur will be our Strong Holder Offering (SHO) on DAO Maker on 13th December, 12 pm UTC. Eligible DAO holders will gain priority access to our SHO event. The Forward IBO (Initial Blockchain Offering) will be launched on the 14th of December at 3 pm UTC on MahaDAO's Mahastarter Launchpad. The initial price will be $0.005 with a public pool of $50,000. There will also be a $MAHAX pool of $50,000, bringing the total initial launch pool to a total of $100,000. 

Forward Protocol is supported by an extensive group of top-tier backers such as Bitcoin.com, CV VC, AU21, MEXC, X21, GDA Capital, Stakez Capital, Basics Capital, CRT Capital, ZBS Capital, and 20 more.

Every Forward Protocol supporter and partner shares our vision to remove the barrier to blockchain adoption and help anyone develop Web 3.0 applications.

“We are over the moon to finally present the Forward Protocol after years of painstaking work. The $FORWARD token has an integral role in our ecosystem and will be essential for every deploying platform to function. Decentralization coupled with an adoption-focused approach - this is the future!” - Karnika E. Yashwant, Co-Founder of Forward Protocol

“Forward Protocol is what Blockchain has been waiting for - simple no-code, drag-and-drop Web 3.0 toolkits to remove the barrier for anyone to enter the blockchain space. No capital costs and no extensive development timelines. ARTH coin integration in Forward Protocol is exciting!” - Pranay Sanghavi, Co-Founder of MahaDAO

About Forward Protocol - Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their blockchain applications without technical knowledge. Forward Protocol has elements of NFT, DeFi, Gamification, AI, ML, and Social Tokens inbuilt that connect the value-driven economy. Applications and smart contracts from Forward Protocol can be deployed on any EVM compatible chains in one click. Forward Protocol is cross-chain compatible, industry-agnostic, and adoption-focused, with an ultimate goal to fast-track mass adoption of Blockchain Technology.

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