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Are Lil Pump and NFT Demon Preparing For a Collaboration?

Team Bitcoin Daily

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1 month ago

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Nearly two months ago multi platinum rapper Lil Pump burst into the degen world of memecoins. After his token was scammed he took over to lead the CTO or community takeover. At first people just dismissed it as just another celebrity cash grab. After all last bull market and so far this year has been plagued with celebrities either rugging their projects or just abandoning them.

But over time the market began to realize Lil Pump was actually serious about this endeavor. He started showing up to random X Spaces and held regular telegram video chats with his holders. He consistently promoted his token and has shown the type of consistent grinding for his community that would make for an ideal project lead celebrity or not. Rather than just bail he’s become more and more immersed into the Solana culture as time has gone on.

About the only thing he hasn’t done yet is release a NFT collection. But he seems to have formed a bond with one artist in particular NFT Demon or Jeremy Ryan. For those unfamiliar Ryan is one of the most well known NFT artists in the world and the largest artist on BNB Chain. He seems to be particularly popular in celebrity circles with confirmed holders including rapper Eminem and celebrity followers amongst his accounts (some which are now suspended for which he’s suing X) that includes Snoop Dogg, John Cena, Justin Bieber, Britney Spears, Lady Gaga, Tommy Chong, and even Lil Pump to name a few.

But Ryan’s story goes so much deeper than art as his artistic abilities were gained through a 4 year run with brain cancer. A recent article by known crypto news outlet Patrol Crypto released just days ago and shared by Ryan and Pump on X had even suggested they do a collaboration in the future. Given as Ryan is 35 and Pump is 23 both to age a year older in August according to their Wikipedia pages it would seem like an unlikely duo. Two entirely different generations working together on a vision. It would also mark the first collection Ryan has done since the last bull market as well as the first celebrity collection since as well.

But perhaps the duo wouldn’t be as unlikely as it would seem. Both are large names in their respective industries and have followers or fans around the world. Both are also known to be controversial figures and not really care much what other people think of them living life to the fullest. Both are known for being uniquely and genuinely themselves. And both have seen grave injustices due to the law enforcement system. But more importantly the two seem to be in communication. On a Spaces session on X Ryan, under his temporary handle cryptodogg420 while his lawsuit progresses was seen the entire time.

But not only that Lil Pumps manager, JB made a comment that really struck out, thanking Ryan for helping share various knowledge and helping promote the token which would suggest at least communication outside of public view with the Lil Pump team. So could these two be working on a collaboration? If so it would be an interesting dynamic. Celebrity NFT collections prior have just been cash grabs and while they pretty much all have minted out they’ve also all died when the celebrity left. They also haven’t tended to utilize big names in the art field. Pumps consistency with Ryan’s name would create two unusual but bullish indicators if they were to do a collection. And the ability to token gate perks bringing Pump closer to the fans could work on a NFT gated basis or a NFT or token gated basis adding value to both.

It would be very interesting to see how it would play out but a collaboration would certainly make sense. But we decided not to speculate. We didn’t have contact information for Lil Pump so we decided to email Ryan and ask directly about his involvement with Pump and if there was a collection on the horizon. To our surprise he responded back rather quickly and made this statement.

“As for a collection I don’t know only time will tell but I’ve made it no secret I have a lot of respect for the efforts Lil Pump is putting in. The reason I turned so many celebrities down last bull run was because they weren’t willing to commit to sticking with the project. Lil Pump has proven that wouldn’t be an issue and he’s down to grind which means his token is bound to go up.” Ryan said, “I wouldn’t turn him down if he wanted to do a collection but our talk has been mostly educational as this market takes a long time to learn. I will say I’ve been impressed by his eagerness to learn as much as he can about this market I’ve been immersed in since 2019. There’s a stereotype of young rappers that they’re all dumb. I haven’t found that to be the case with Lil Pump, he’s both eager to learn and also applies what he learns as he goes. For what small contributions I’ve been able to add to that I’ve been glad because, ultimately, celebrities doing taking the time to learn and also to grind hard for their communities helps everyone in the industry and only moves us closer to mass adoption.”

It would seem from his statement that he’s at least willing to do a collaboration and has great respect for the work Lil Pump has put in. And for an artist known for calling out scammers in particular he gave some pretty heavy compliments. I suppose only time will tell if they’ll work together on a collection but it would be interesting to see. We’ll keep you updated as we find out more.

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MFEV Announces Investment-Based Referral Program with No Lock-In Period: 3.8 Million Coins Available

Team Bitcoin Daily

Published

3 days ago

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September 8, 2024

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MFEV, a leading innovator in the blockchain and cryptocurrency space, is excited to unveil its latest initiative: an investment-based referral program designed to reward participants with MFEV coins. With a total of 3.8 million MFEV coins allocated for this program, the company aims to incentivize and reward both new and existing investors as they participate in the ongoing Initial Coin Offering (ICO) rounds.

Investment-Based Referral Program: A Unique Opportunity for Investors

This referral program is investment-based, offering a unique and lucrative opportunity for potential investors to earn additional rewards. Designed to immediately capture attention and foster a sense of opportunity, the program allows participants to benefit directly from their investments in MFEV.

Eligibility Criteria: How to Earn Rewards

To participate, investors need to join the MFEV pre-sale or public round of funding. As part of the rewards program, referrers will earn 2% of the total investment made by the individuals they refer. Both investors and referrers must refer new investors to qualify for the rewards.

The more your referred investors contribute, the greater the number of MFEV coins you will earn from a designated pool of 3.5 million coins. This clear and rewarding structure encourages broader participation, making it easy for participants to see the tangible benefits tied to their referrals and investments.

No Lock-In Period: Flexibility for Investors

A key feature of the program is the absence of a lock-in period for referral rewards. This flexibility is designed to appeal to a wide range of participants, particularly those who may be cautious about long-term commitments. By eliminating any lock-in requirements, MFEV is making it easier for investors to engage with the program without the burden of extended time constraints.

Who Can Participate? Inclusive Eligibility for Maximum Appeal

The program is open to everyone: individuals who have already invested in MFEV, as well as those planning to invest in upcoming rounds. This inclusive approach ensures that a broad spectrum of investors can benefit, expanding the program’s appeal and accessibility.

Disclaimer: First-Come, First-Served Basis

To maintain the program’s integrity and incentivize quick participation, the investment-based reward plan operates on a first-come, first-served basis. Potential investors are encouraged to act swiftly to secure their share of the 3.8 million MFEV coins available as part of the referral reward.

Looking Ahead: Future Promotional-Based Referral Program

While this PR focuses on the investment-based referral program with 3.5 million MFEV coins, MFEV also has plans to introduce a promotional-based referral program in the near future, which will allocate an additional 343,000 MFEV coins. More details on this exciting development will be released soon.

About MFEV

MFEV continues to set the standard in blockchain innovation, with a commitment to empowering investors and expanding access to the benefits of cryptocurrency. Through its strategic initiatives and investor-friendly programs, MFEV is building a more inclusive and rewarding financial ecosystem for all participants.

Website: https://www.mfev.io/

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Crypto

Avalanche (AVAX) Chain Turns a Corner: Promising Projects and Opportunities to Watch

Team Bitcoin Daily

Published

2 months ago

on

July 17, 2024

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Avalanche Blockchain Announces Major Initiative and Highlights Emerging Projects

Avalanche, the high-performance blockchain platform, is making significant strides with its latest initiative, “Avalanche Vista.” The Avalanche Foundation has launched this $50 million program to promote tokenization on the Avalanche blockchain. Tokenization enables off-chain assets to be converted into digital tokens, simplifying transactions and democratizing asset allocation. This groundbreaking approach allows multiple investors to collectively invest in single assets, making certain markets more accessible to smaller investors.

Potential use cases for tokenization on Avalanche’s blockchain include real estate, company equity, venture capital, debt instruments, intellectual property, and portfolio diversification. The Avalanche Vista fund will be used to purchase various tokenized assets on the Avalanche blockchain, showcasing the platform’s versatility and commitment to innovation.

As Avalanche gains momentum, several emerging projects on the AVAX chain deserve attention. Among them are $KIMBO, $COQ, and $TD, each offering unique opportunities and potential for growth.

1. Kimbo Labs ($KIMBO)

Kimbo Labs has officially launched as a business entity, allowing it to partner with real-world businesses and launch Kimbo products through its own webshop. This development adds significant value to the project and its treasury.

Exchange Listings: Kimbo Labs is in deep discussions with several exchanges, awaiting better market conditions to roll out its listings.

Marketing Efforts: The project has launched test ads on Instagram, TikTok, and YouTube, targeting new audiences. Additionally, Kimbo Labs is creating organic content and planning a major meme contest to boost engagement.

Event Participation: Kimbo Labs plans to join several festivals in Q3 and Q4 2024 and will participate in the AVAX Summit in Buenos Aires in October 2024.

Kimbonet Development: The team is working on exciting new features for Kimbonet and is open to collaboration with top holders and knowledgeable community members.

NFT Staking: Soon, Kimbo NFT holders will be able to stake their NFTs for benefits, with new collaborations in the pipeline.

2. Coq Inu ($COQ)

Coq Inu is a humorous and innovative meme coin that has captured the Avalanche community’s attention. Launched with a transparent and community-focused approach, Coq Inu’s contract has been fully renounced, and its liquidity burned to ensure transparency and prevent manipulation.

Community Engagement: Coq Inu seeks to entertain and engage the Avalanche community through its unique and playful concept.

Rapid Growth: Since its launch in December 2023, Coq Inu experienced a meteoric rise, drawing significant trading volume and interest from meme coin enthusiasts.

CoqBook: The premier sports betting platform powered by $COQ has recently been released, adding a new dimension to the Coq Inu ecosystem and attracting further attention.

3. Big Red ($TD)

Big Red is an ambitious project integrating Cornell University’s heritage with modern blockchain technology on the AVAX blockchain. This project leverages the strengths of both Cornell University and AVAX to deliver a range of utilities and opportunities for its community.

Cornell University Collaboration: Big Red partners with Cornell’s renowned entrepreneurship program, offering valuable resources and networking opportunities.

Meadowlands Sports Complex Sponsorship: As a proud sponsor, Big Red enhances its brand visibility and connects with a broad audience through daily commercials at the largest sports complex in the United States.

National Branding Efforts: Big Red has partnered with major television networks to air advertisements, significantly boosting visibility and engagement across the nation.

These projects exemplify the innovative spirit and potential of the Avalanche blockchain. With initiatives like Avalanche Vista and the continued development of promising projects like $KIMBO, $COQ, and $TD, the future of Avalanche looks brighter than ever.

For more information on Avalanche and its latest developments, please visit https://www.avax.network/

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Blockchain

Hashdex Unveils Innovative Dual Crypto ETF Targeting Bitcoin and Ethereum

sky0x.eth

Published

3 months ago

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June 21, 2024

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Hashdex Unveils Innovative Dual Crypto ETF Targeting Bitcoin and Ethereum

In a strategic move to capitalize on the growing interest in cryptocurrency investments, Hashdex has announced its plan to launch a new Hashdex Nasdaq Crypto Index US ETF, which will track both Bitcoin (BTC) and Ethereum (ETH).

On Tuesday, Nasdaq published the 19b-4 application for this groundbreaking ETF, marking a significant development in the crypto investment landscape. Unlike traditional ETFs that focus on a single cryptocurrency, Hashdex’s new offering aims to provide exposure to the two largest digital assets by market capitalization simultaneously.

The decision comes shortly after the SEC’s approval of Bitcoin Spot ETFs earlier this year and amidst ongoing evaluations of various 19b-4 applications for Ethereum Spot ETFs in May. This move positions Hashdex uniquely in the market, allowing investors to benefit from the potential of both BTC and ETH in a single investment vehicle.

Bloomberg expert Seyffart weighed in on the announcement, noting that a dual BTC and ETH ETF from Hashdex, weighted by market capitalization, is a logical progression in the evolving ETF landscape. While Hashdex opted not to pursue an Ethereum Spot ETF application alongside other major issuers, their focus on a hybrid ETF underscores their commitment to innovation and strategic diversification.

According to the application, the Hashdex Nasdaq Crypto Index US ETF will include cash holdings but refrain from incorporating additional cryptocurrencies. If approved, custodianship will be entrusted to industry leaders Coinbase and BitGo, with the SEC’s final decision expected by March 2025.

This initiative marks a significant milestone as the first US spot ETF application encompassing more than one cryptocurrency. Current plans allocate approximately 74% of the ETF’s portfolio to Bitcoin and 26% to Ethereum, reflecting the respective market capitalizations of these digital assets.

While similar investment products are already available in Europe, such as Bitpanda’s Bitpanda Crypto Index 5/10/25, which tracks the largest cryptocurrencies by market cap, Hashdex’s dual crypto ETF aims to provide US investors with a novel opportunity to diversify their crypto holdings within a regulated framework.

In summary, Hashdex’s innovative approach to launching a dual BTC and ETH ETF underscores the increasing integration of cryptocurrencies into traditional financial markets. As regulatory approvals progress, this ETF could pave the way for broader acceptance and adoption of digital assets among institutional and retail investors alike.

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