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Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

Team Bitcoin Daily

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Bictory Finance is a crypto network instituted as a hybrid widely used exchange platform that has, in addition, a crowdfunding platform. The platform has been developing its exchange network to offer centralized and decentralized options to projects on the Concordium Blockchain and across other networks in future. The team would be launching the alpha version which has been in development for a while in 3 weeks’ time. This hybrid exchange is the pioneer platform leveraging Corncordium blockchain capabilities where the CEX and DEX will all interoperate. Apart from the Hybrid exchange network, Bictory offers a decentralized crypto launchpad platform to help upcoming crypto projects deploying on Concordium network to raise funds. Concordium is a blockchain with smart contract layer for business with focus on low and stable transaction costs and ID-verified participation. The choice to build on the Concordium Network, apart from the robust tech, is because of the protocol-level ID layer. This simply means that, any person, company or entity with an identity can get an account on Concordium, which invariably gets access to the slew of financial products on Bictory Finance How does the Bitcory platform operate? What are the basic features and benefits of this new platform? Keep reading to find out more.

What makes up Bitcory Finance Ecosystem?

Decentralized Exchange

The Bictory network introduces a decentralized exchange platform leveraging Proactive Market Maker systems to complete trades, swaps, and exchanges. Bictory’s DEX introduction provides a more affordable and faster trading and transaction completion mechanism. They leverage the technological framework of Concordium blockchain to offer transactions at very cheap charges. Its proactive market-making tool allows less slippage on trading; thus, making the DEX even more affordable. Bictory’s DEX will create bridges across other smart chains like Polkadot, Ethereum, and BSC to ensure utter chain interoperability. It will be simple for assets to cross chains into DEXes like Uniswap, Sushiswap, Pancakeswap, and Polkadex etc.

The Decentralized Crowdfunding Platform

In addition, a crowdfunding platform would be built on the Concordium blockchain to provide all upcoming projects with opportunities to thrive. This crypto launchpad is one in a kind, introducing simplicity, reliability, and convenience. One unique thing about Bictory’s launchpad is its decentralized nature; it allows projects to set cross-chain swap-pools using a fixed buying price for tokens. In most launchpads, only a few people participate in IDOs. Although they set maximums per wallet, they don’t have a maximum number of wallets per individual. Therefore, very few investors, each with multiple wallets, participate in the IDO. However, Bictory finance implants some unique KYC protocols and Anti-bot policies to ensure that only one wallet per person can participate in IDO. This platform has a protocol-level identity layer system that interacts with all wallets participating in the launchpad for identity verification. All projects which launch via Bitcory’s launchpad will automatically be listed on their Decentralized and Centralized exchanges.

Centralized Exchange

Bictory Finance has been building a centralized exchange for the Concordium Ecosystem.  Just like its decentralized counterpart, it will provide effective trade transactions for mainly projects within the Concordium ecosystem and other networks. The centralized custodial exchange platform offers services like spot and margin trading options. Bictory centralized exchange is usable by both beginner and pro-level traders. For instance, it provides different trading modes for starters and experienced traders to select based on their level of experience. Moreover, this exchange platform provides a wide range of portfolio management tools to help traders manage their investments. Orders in Bictory exchange would be executed fast and near-instant, yet transaction fees will remain very low as compared to other exchanges. By setting custodial policies, Bictory guarantees users of trading and asset security. Security is a huge concern and this CEX according to the team has been built with robust security measures to ensure the safety of funds of users. Early investors would have the opportunity to test the platform when the Alpha version of the CEX is launched in about 3 weeks from now.

Benefits of The Platform

Since the mainnet launch, Bictory network will thrive over its other CEX and DEX competitors. Among the benefits of using this new platform include;
  • Fast Transactions- Bictory platform will foster transactions at unmatched speed. Generally, the platform’s hub, Concordium blockchain, is highly scalable thus will process all its transactions at lightning speed.
  • Scalability and Interoperability- Concordium leverages sharding intercommunication to ensure great interoperability with other chains. The CEX and DEX will be interoperable to provide even better services.
  • Privacy and security- The concordium blockchain developers have always kept the users’ privacy and security at top priority.
  • Protocol-level Identity Layer- Concordium has an identity system that will help in providing simpler and freer whitelisting and registration.

The BT Token

Bictory introduces the BT token to power its ecosystem. BT token is a Concordium blockchain-based asset, which will be issued very soon when Concordium launches the Mainnet. The presale and IEO of the BT token will leverage the Bitcory launchpad. BT tokens will be the fee payment mechanism in Bictory and its products. Moreover, trading BT tokens in the Bictory exchange will bring great discounts for the trader. Holders of the BT token will participate in the platform’s governance by voting for any necessary changes. Projects using the launchpad will pay all the listing fees in BT. There is an ongoing Private Sale and interested users can reach out through the financial team via business@bictory.io

Final Word

The Bictory platform introduces a holistic product on the Concordium blockchain network. This hybrid exchange comprising a CEX and DEX will interact to maximize the users’ benefits especially with the launch of Moreover, the platform commits to ensuring the blockchain space benefits from new projects and solutions. As such, Bictory launches a decentralized launchpad platform which will, in the beginning, work on Concordium, but later on other blockchain networks. The combination of a DEX, CEX, and launchpad makes Bictory a platform to watch out for in the future. More information on Bictory’s advancements is available on their social media pages like Twitter.

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Press Release

How Bitcoin Lotteries Work and Differ from Conventional Lotteries

Crypto Chain Wire

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The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.

In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.

What is a Bitcoin Lottery?

Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.

Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.

What Makes Bitcoin Lottery Games Stand Out?

Here are the features that make Bitcoin lottery games a top choice for players.

  • Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
  • Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
  • Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.

Regular Lotteries vs. Bitcoin Lotteries: A Comparison

1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.

2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.

3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.

4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.

Why should one try a Bitcoin Lottery?

Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:

• Safe and open: You can verify every single draw and transaction.

• There are no geographical restrictions; play wherever on the planet.

• Cut expenses by means of lower transaction fees.

• Instant Payouts: Get your winnings easily and quickly. 

Bottom Line

With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.

These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.

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Press Release

Introducing Grok-1.5V: Revolutionizing Multimodal AI

Team Bitcoin Daily

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We are thrilled to announce the launch of Grok-1.5V, our groundbreaking first-generation multimodal model. Grok-1.5V, the latest innovation in artificial intelligence, promises to redefine how we interact with and understand the world around us. 

Unveiling Grok-1.5V

Grok-1.5V stands out with its exceptional text processing capabilities, but it goes beyond that. This advanced model can now process a wide array of visual information, including documents, diagrams, charts, screenshots, and photographs. This enhancement allows Grok-1.5V to offer a more comprehensive understanding and interpretation of both textual and visual data.

Capabilities

Grok-1.5V is designed to be competitive with existing frontier multimodal models across various domains. From multi-disciplinary reasoning to understanding complex documents, scientific diagrams, and real-world photographs, Grok-1.5V excels. 

We are particularly proud of Grok’s performance in our new RealWorldQA benchmark, which measures real-world spatial understanding. In zero-shot settings, without chain-of-thought prompting, Grok-1.5V consistently outperforms its peers, showcasing its superior capability in understanding the physical world.

Launch Details

Grok-1.5V will be available soon to our early testers and existing Grok users. We are excited to bring this new level of AI understanding to our community.

Join us as we launch Grok-1.5V on BASE at 19:20 Beijing time today. Don’t miss this opportunity to be part of the future of AI.

Contract Address: 0xeeB0Ea9EcD0Ab9a7a210fA66FCf58ce4747235E6

Stay tuned for more updates and innovations from our team as we continue to push the boundaries of what’s possible with AI.

For more information, visit our website or follow us on X.

Website: https://x.ai

X: https://x.com/xai

Token: x.AI

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Press Release

Gam3: Revolutionizing Blockchain Gaming with Layer 3 Technology on Arbitrum

Team Bitcoin Daily

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The blockchain gaming industry is on the cusp of a revolution, and Gam3 is leading the charge. As an AI-driven blockchain gaming platform, Gam3 is set to redefine the gaming landscape by leveraging the advanced capabilities of Arbitrum’s Layer 3 technology. With its seamless integration of Web3 and SocialFi elements, Gam3 offers a unique, community-driven gaming experience that stands out in the rapidly growing GameFi sector.

Introducing Gam3: The Future of Blockchain Gaming

Gam3 is more than just a gaming platform; it’s a comprehensive ecosystem designed to provide players with unparalleled gaming experiences. By harnessing the power of Arbitrum’s Layer 3 technology, Gam3 ensures fast, secure, and scalable transactions, making it the ideal environment for both casual gamers and hardcore enthusiasts.

Key Features of Gam3:

  • AI-Enhanced Gameplay: Enjoy a dynamic and immersive gaming experience powered by advanced AI algorithms.
  • Community-Driven: Engage with a vibrant community of gamers, developers, and blockchain enthusiasts.
  • True Ownership: Own and trade in-game assets with complete transparency and security on the blockchain.

Why Gam3 is Built on Arbitrum?

Arbitrum is one of the leading Layer 2 scaling solutions for Ethereum, designed to offer high throughput, low latency, and low-cost transactions without compromising security. Here are the reasons why Gam3 chose to build on Arbitrum.

1. Superior Scalability: Arbitrum’s Layer 3 solution allows Gam3 to handle thousands of transactions per second, ensuring a smooth and lag-free gaming experience even during peak times. This scalability is crucial for maintaining a high-quality user experience as the platform grows.

2. Cost Efficiency: Transaction fees on Arbitrum are significantly lower than on the Ethereum mainnet. This cost efficiency is passed on to the users, making it more affordable to engage in gaming activities, trade assets, and participate in the Gam3 ecosystem.

3. Robust Security: Built on Ethereum, Arbitrum inherits its robust security features. This ensures that all transactions and in-game assets on Gam3 are secure and tamper-proof, providing peace of mind to users.

4. Interoperability: Arbitrum’s compatibility with Ethereum means that Gam3 can easily integrate with other Ethereum-based projects and assets. This interoperability expands the potential for cross-platform collaborations and innovations within the Gam3 ecosystem.

Become Gam3 node operator:

To participate in this groundbreaking platform, users can purchase Terra node keys, which are essential for running nodes and contributing to the Gam3 network’s security and efficiency. Starting at just $349, these keys are a valuable investment for those looking to be part of the next big thing in blockchain gaming.

Why purchase a Terra Node key?

  • Support the Network: Help maintain the security and stability of the Gam3 ecosystem.
  • Earn Rewards: Receive incentives and rewards for running a node and supporting the network.
  • Be Part of the Future: Join a forward-thinking community that is shaping the future of gaming and blockchain technology.

The Terra nodes are in high demand, starting at $349 for the Early Adopter phase. Following this, the official release will commence with the first 5,000 keys priced at $399, with the price increasing by $50 after every subsequent batch of 500 keys sold. This structured and predictable pricing tier will continue up to a total of 50,000 keys. Own a key today and become a pioneer in the next generation of blockchain gaming with Gam3.

For more information and to secure your node key, visit our website and join the Gam3 community today.

Find more: Website | Twitter | Discord | Telegram Channel | Telegram Discuss|

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