Connect with us

Press Release

3air Ready to Solve Telecommunications Problems in Africa with Upcoming Public Sale

Team Bitcoin Daily

Published

2 years ago

on

3air will kick off its public sale on November 26, according to its presale page.

The Africa-focused blockchain platform recently announced its launch on Cardano and is making significant development progress every day. It has already successfully closed a seed sale and the first round of a private sale. The second and third rounds are on the waitlist, and the public sale is ready to begin.

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.

Related Topics:
Continue Reading

Press Release

WOW Summit Dubai 2023: Unveiling a Star-Studded Lineup of Speakers and Esteemed Sponsors

Crypto Chain Wire

Published

2 hours ago

on

October 3, 2023

By

  • Get Ready for an Unforgettable Adventure: WOW Summit Dubai 2023, the Ultimate Expression of a Luxurious Web3 Experience
  • Sparking Innovation and Fostering Achievement at the Heart of the UAE
  • A lavish affair that proudly claims the title of the unmatched apex among Blockchain events in the Middle East.

The eagerly awaited World of WEB3 Summit Dubai, also known as WOW SUMMIT Dubai 2023, is poised to make a significant impact globally. This remarkable event boasts an impressive roster of speakers and enjoys the support of a distinguished array of sponsors, all gathering at the opulent Atlantis the Royal in Dubai on October 8th and 9th, 2023.

Prepare to be amazed as WOW Summit Dubai 2023 presents a constellation of visionary speakers and distinguished sponsors, promising an unparalleled exploration of the latest Web3 trends and innovations. 

Ivan Ivanov, the Global CEO of WOW Summit, enthusiastically conveyed his anticipation for this year’s gathering: “WOW Summit Dubai 2023 is on track to become a pivotal assembly for leaders in the Web3 and Web2 industries, investors, and government representatives. With our exceptional lineup of speakers and esteemed sponsors, we are creating the ideal environment for invaluable conversations and partnerships that will play a pivotal role in shaping the transition from Web 2.0 to Web 3.0. The World of Web3 Summit is all set to highlight practical applications of Distributed Ledger Technology (DLT) and Blockchain, as well as innovations in financial infrastructure, Digital ID, and Central Bank Digital Currencies (CBDCs).”

At the core of WOW Summit Dubai 2023, we are honored to have Fastex, Unicoin, and Farcana as our Title sponsors, complemented by our cherished Platinum sponsors Darwinbit, iVendPay, MMPRO Trust, and Zima Bank. These sponsors, with their visionary leadership and exceptional expertise in development and strategy, illuminate the event, steering discussions on the remarkable transformative power of blockchain technology.

Esteemed figures in the blockchain and digital assets field, alongside respected government officials from the UAE, will grace the conference stage as honored speakers.WOW Summit Dubai 2023 distinguished speakers include Yat Siu, Founder and Executive Chairman at Animoca Brands, Dr. Marwan Alzarouni, CEO at Dubai Blockchain Centre, Mohammad Alblooshi, Chief Executive Officer at the DIFC Innovation Hub, Nameer Khan, Founder of FILS & Chairman MENA Fintech Association, Miriam Kiwan, Vice President, MENA at Circle, Mohamed Issa, Regional Director at Chainalysis, Sam Katiela, Founder & CEO at Mamemo and Chairman at Crypto Valley Partners, Joy John, AI Services Specialist, EMEA, Oracle and Scott Thiel, Founder & CEO at TOKO by DLA Piper and Jiten Varu, Head of Web3 at AWS. They bring a wealth of knowledge, experience, and vision to the stage, ensuring that attendees will be treated to profound insights and valuable discussions.

Additional notable figures gracing the event include Michael Terpin, Serial Entrepreneur and Investor, Gurvinder Ahluwalia, Founder & CEO at Digital Twin Labs, Christian Gleich, Ambassador of the European Blockchain Association, Nick Spanos, Bitcoin Pioneer, Joshua Hawley, Managing Director at US Capital Global, Mansoor Madhavji, Blockchain Founders Fund and Saqr Ereiqat, Co-Founder at Crypto Oasis. 

WOW Summit Dubai 2023 is not just an event; it’s an experience that will shape the future of blockchain technology. Attendees can look forward to unparalleled knowledge sharing, networking opportunities, and the chance to explore cutting-edge developments in the Web3 ecosystem.

-END-

About WOW Summit Dubai

WOW Summit is a premier global event that takes place in major cities around the world, including Lisbon, Hong Kong, and Dubai. With a focus on go-to-market management and business development relations, WOW Summit fosters collaboration between Government Authorities, Institutionals, VCs, and fintech companies in Dubai and Abu Dhabi.

WOW Summit Dubai is a premier global event that brings together industry leaders, visionaries, and entrepreneurs from around the world. As a platform for inspiration, empowerment, and business development, WOW Summit drives success in the dynamic landscape of the UAE and beyond. The event covers a wide range of topics, including the Web2 – Web3 transition, CBDC, regulations, asset tokenization, and the social impact and applications of blockchain and DLT technologies. WOW Summit Dubai 2023 will feature an incredible art and NFT area, providing attendees with an immersive experience in the world of digital art and opportunities to connect with like-minded individuals.

The event is hosted by GuyWay, powered by MarketMakingPro, and co-organised by Uvecon.vc. In the past, WOW Summit has hosted renowned speakers, such as Sebastien Borget (Sandbox), Lennix Lai (Global Chief Commercial Officer at OKX), Dave Chapman (Executive Director at BC Group), Angelina A. Kwan (CEO at Stratford Finance Limited), Duncan Wong (CEO at CryptoBLK), and Julian Gordon (Hyperledger, Linux Foundation). To exhibit, sponsor or partner, contact us at sales@wowsummit.net.

Media Contact:

WOW Summit

Email: media@wowsummit.net

Website: https://wowsummit.net/

Continue Reading

Press Release

PintSwap Telegram Bot: A Game-Changer for Tax-Free and Slippage-Free Trading

Crypto Chain Wire

Published

6 hours ago

on

October 3, 2023

By

In the ever-evolving and relentless world of crypto, where innovation is the constant heartbeat, a peculiar and potent force has been gaining popularity: Telegram bots. 

Over recent months, Telegram bots have carved out a significant niche within the crypto community as they exceeded US$190M in volume in July 2023, according to the Binance Research. Their appeal is straightforward and powerful: users can easily execute crypto activities, from trading and sniping to airdrop farming, all from the palm of their hand. 

It’s a convenient and accessible revolution that has been reshaping the crypto landscape. While the ascent of Telegram bots has undeniably enhanced the crypto user experience, it is not without its own set of challenges. 

Telegram bots typically employ 2 common revenue streams. Firstly, they often levy a fee on users for executing trades through their bots. Secondly, they impose taxes on transactions involving the bots’ native tokens. The latter approach can be viewed as more contentious, as it places an additional financial burden on users, sometimes upward of 5% per trade. 

The reason why most of these protocols implement this tax revenue stream is because of how substantial it is. For instance, consider Unibot, which, as of the time of writing this article, has amassed a lifetime revenue of 8,863 ETH in fees. Interestingly, 80% of this sum (7,066 ETH) can be attributed to Unibot’s tax revenue stream, according to the Dune dashboard by whale_hunter.

Some might argue that the buy and sell taxes can be mitigated by engaging in an Over-the-counter (OTC) trade. In order to participate in an OTC trade, an OTC desk is often mediating these types of transactions. An issue arises when OTC desks do not support the majority of the coins that users would like to trade, especially the ones with lower market capitalizations. 

In this situation, another option is to make use of a so-called Escrow service, which comes with its own set of risks, both permissioned and third-party risk. Too often, OTC deals via Escrow service still go wrong these days.      

Within the landscape of Telegram bots and their intricate revenue mechanisms, a promising solution takes shape in the form of PintSwap. This innovative protocol sets its sights on addressing the challenges that traditionally come with Telegram bots and OTC desks. 

PintSwap is a Decentralized Exchange (DEX) protocol that employs a hybrid OTC/Order book model, with a Telegram bot feature as one of its integral components. It proudly positions itself as a truly permissionless platform, granting users the freedom to engage in OTC trades for any ERC-20 token of their choice. 

These transactions can seamlessly harness the power of PintSwap’s Telegram bot, all while the underlying PintSwap protocol operates discreetly in the background, emphasizing its commitment to enhancing the user experience. Moreover, users will find solace in the fact that they need not grapple with buy and sell taxes on their token transactions, only a nominal 1% trading fee.

As the crypto landscape continues to evolve, it is essential to embrace innovative solutions like PintSwap.Telegram bots have come a long way, and with protocols like PintSwap leading the charge, the future of crypto holds the promise of enhanced accessibility, convenience, and user empowerment. It’s worth noting that PintSwap is on the brink of its Token Generation Event (TGE).

The journey is far from over, and as we move forward, let’s keep a watchful eye on the ever-thriving crypto ecosystem for more groundbreaking developments and user-centric solutions.

Twitter – https://twitter.com/pintswap0x

Website – https://pintswap.exchange

Discord – http://discord.gg/pintswap

Litepaper – https://iron.pyrosec.gg/pintswap-litepaper.pdf

Continue Reading

Press Release

Limoverse’s Vision for Web3: Token Burn, Roadmap, and Leading the Wellness Frontier

Crypto Chain Wire

Published

7 days ago

on

September 26, 2023

By

In an electrifying move in an otherwise quiet crypto market, Limoverse successfully completed its much-anticipated Token Burn Event! 

The buzz surrounding this event is palpable, and for good reason. It all starts with Limoverse’s unwavering commitment to transparency and its thriving community. Limoverse places its community at the core of its mission, emphasizing transparency, empowerment, and token appreciation for its dedicated users and token holders.

But what exactly is a token burn, and why is it generating such excitement? The answers to these questions are pivotal to understanding the magnitude of this event. Token burns are akin to enchantments in the realm of cryptocurrency. When tokens are subjected to a burn, they are permanently removed from circulation. This action not only diminishes the overall token supply but also heightens its scarcity, elevating the value of each remaining token. 

Limoverse is taking token burns to the next level by introducing a pioneering algorithm that links token burns to real-world achievements. For every kilometer run and every calorie burned within the Limoverse app, an equivalent quantity of Limoverse tokens will be incinerated. Yes, you read that correctly! As users stay active and embrace a healthier lifestyle, the token supply shrinks, thereby augmenting the value of Limoverse tokens. This innovative approach ensures that your journey to improved health and fitness also translates into the growth of your investment. A true win-win!

$LIMO Tokens have a total supply of 10 Billion tokens and the burn event saw 86,494,575 LIMO tokens being burnt and taken out of supply.

Limoverse’s commitment extends even further. “We are delighted to declare that all unredeemed rewards from our HealthFi Rewards Pool have also been subjected to a burn. This strategic move firmly underscores our dedication to forging a sustainable token economy, guaranteeing that each Limoverse token serves its utmost purpose” says Sajeev Nair, founder and chairman of Limoverse.

Talking about what the future holds for Limoverse, he further added. “Shortly, we are set to launch our most awaited projects: ModiFi and CreatFi, which will solidify our position as the most comprehensive health and wellness ecosystem in the web3 world. ModiFi is designed to empower users to flourish in all dimensions of wellness, from physical and mental health to spiritual well-being. The core focus lies in uniting top-tier wellness practitioners with advanced health tracking and AI capabilities, enabling users to take charge of their holistic wellness journey like never before.

Through self-paced courses and personal coaching, CreatFi will offer a gateway to personal growth and holistic well-being, cementing Limoverse’s reputation as a leader in the Health and Wellness space.

About Limoverse

With a vision to become the largest digital health economy in the world, Limoverse’s LIMO tokens are currently trading on Poloniex, Bitmart, and Pancakeswap exchanges. As the token expands its presence, Limoverse continues to break new ground in the health and wellness industry, leveraging Web 3 technology to empower individuals and communities alike.

Currently, the Limoverse ecosystem provides users with the option of earning rewards when they walk, jog or run and also when they burn calories thus keeping them motivated and incentivized to stay healthy through the HealthFi program. 

You can download the Limoverse App from both Google Play and App Store. Be sure to visit the official website and join our Twitter, Telegram, and Instagram to stay updated with all the latest news and developments.

Continue Reading

Trending