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Press Release

Creative Community ADOR Token Event is Now Live

Published

4 years ago

on

The creative community and NFT (non-fungible token) warehouse, ADOR, started its token event this week. ADOR is a blockchain-based ecosystem developed to meet the needs of the growing creative community. The network combines the ease-of-earnings of DeFi with the benefits of a blockchain-based minting & gig ecosystem. 

The project aims to provide content creators, collectors and supporters with a digital alternative to the current systems. As a result, ADOR is a powerful tool for anyone seeking to build their online presence, residual income and virtual Inventory.

Human Expression

With current platforms like Don’t buy meme, Rarible, and Nifty Gateway, ADOR seeks to combine the best features of them all with a unique approach. The developers are chain agnostic at heart, so their 1st release on Ethereum will just be the tip of the iceberg for them. Top sites like OpenSea and SuperRare are easily set to bring in millions of dollars for the creators and ADOR will join the ranks of these sites with their line up of top tier talents and partners.

Problems ADOR Attempts to Fix

ADOR attempts to fix some of the most pressing issues currently faced by the creative community, such as competitive monetization, and brand awareness. Sadly, the traditional art, fashion, film, and music industry models are designed with the artist’s needs at the bottom of the totem pole. 

These highly centralized networks are well-established and have a tremendous amount of control over the market. ADOR seeks to flip this model on its head by providing a fair and open-sourced space for equality and artistic development. 

Benefits of ADOR

ADOR introduces a plethora of benefits to this sector. The network was built from the ground up to help boost the needs of creators seeking to turn their skills into a fun-filled career. In this way, developers believe ADOR can usher in a virtual renaissance built on blockchain technology’s stability. 

The New Normal

ADOR believes media can be used as a tool for positive growth and conditioning. Normally the term “NFT – non-fungible token” has been used to describe virtual items… but they are so much more. To better represent this fact, ADOR is coining the term “MeWu, media experiences with utility”. Recently an artist, Omb, minted a MeWu that promotes mental health and wellness, using techniques endorsed by both top athletes and ancient societies.

Exclusive NFT’s “MeWu’s”

NFT’s continue to gain popularity and value. NFT’s differ from traditional tokens because they are unique. Every NFT is blockchain verifiable. As such, NFT’s can develop a strong demand. 

Some love bitcoin because of the locked 21 million token supply, but what if your favorite creator released 21 rare digital tokens to collect. Now you can see a glimpse of what’s to come and why the ADOR  marketplace can thrive for years to come. This demand is increased when dealing with extremely rare and exclusive NFTs over time. In 2020, some virtual items sold for over $100,000, and in 2021 a few million-dollar releases made headlines.

Rewards

ADOR users also gain access to a bunch of perks & rewards. For example, 50% of marketplace fees will be shared with DEDICATED ADOR NFT holders. These rewards MeWu’s will have a limited supply and will be sold monthly. The network also has various promotions like video creation, article submission, and more. 

Increased ROIs

Creators can monetize their virtual items 24/7 using ADOR. The network provides these individuals with a global audience and a secure and fair market to conduct transactions. The platform allows creatives to earn crypto doing what they love. 

DeFi

One of the most unique aspects of ADOR is its DeFi integration. Users gain access to the top features of the DeFi sector. Anyone can earn points and claim exclusive MeWu’s for free as well as hire talent they love.

How Does ADOR Work

ADOR combines various technologies to allow anyone to shop and learn about virtual innovation. The network offers creatives access to powerful development tools to accomplish this task. In this way, users can earn, sell, and market their services and creations globally with ease.

Yield Farming

ADOR users can obtain passive profits when they participate in the network’s yield farming pools. The network offers a nice selection of pools. Specifically, ADOR supports ADOR/ETH, ADOR/DAI, ADOR/UNI, and ADOR/ARTZ. The platform is set to host a 300% APY farming event for the first year, only 90 positions are available. 

$ADORs

At the core of this creative ecosystem is the ADOR token. This ERC-20 compliant utility token is what users need to unlock all the features of this next-gen network. Notably, there will be only 99,999 $ADOR’s issued in total. This low token issuance is sure to help drive future demand.

ADOR Token Generation 

The ADOR Token event is now live. You can participate using the Ethereum token (ETHER). The cost of ADOR is set at 0.011ETH a piece. Interestingly, the first 10 people to send 1 ETH to the network will also receive a rare bonus video NFT. 

Only early bird investors will ever receive this video piece. In total, this stage of the event is set to last seven days. Developers have stated that they intend to continue this event in waves, with each wave seeing an increased price.

Exchange Listing

ADOR is set to have a strong entrance into the market. The network is listed on the world’s largest DEX (decentralized exchange) Uniswap with some activity from company hires and developer work. Additionally, various popular centralized exchanges will list the token soon. This added liquidity will help build a solid foundation for the ADOR token in the coming weeks.

Exciting Projects to Watch

ADOR’s team is more than just words. The project’s lead manager “BitSavage”  is working with ENJIN and a few top influencers to produce some innovative releases through ADOR. He is an all-around storyteller and trendsetter, here is a cryptic song he released on AUDIUS. Notably, he is also Algorand ambassador and Casper labs advocate. 

ADOR – A Stepping Stone to Create a Fairer Economy for Creatives

ADOR will be a significant hub for creatives around the globe. The network’s focus on NFTs and its integration of DeFi is sure to raise investor interests. For now, those seeking to participate in Ador’s crowdsale can do so here.

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Press Release

How Bitcoin’s price rise has increased the number of cryptocurrency payments 

Published

3 days ago

on

November 19, 2024

By

NOWPayments Announces Significant Gain in Crypto Payments

NOWPayments, a leading crypto payment gateway, is excited to announce the significaте Increase of Crypto Payments since the beginning of November. 

Why Bitcoin took a new ATH in November?

Starting in January 2024, Bitcoin’s price was around $48,717, marking a period of cautious optimism following a tumultuous 2023. Throughout the first half of the year, Bitcoin experienced significant fluctuations as market dynamics shifted, driven by regulatory developments and increased institutional interest. By November 2024, Bitcoin had reached a pivotal moment, hitting an all-time high (ATH) of $75,000 on November 8 and then surging to $89,000 shortly thereafter.

This remarkable growth didn’t go unnoticed by the business world. Companies across various industries quickly recognized the massive business opportunity Bitcoin presented. The ATH sent a clear message: Bitcoin was no longer just a speculative asset but a powerful tool for transactions, store of value, and an entry point into the broader crypto economy.

Businesses’ interest in Bitcoin grew for several reasons:

  • Increased Institutional Adoption: Major financial institutions rolled out Bitcoin-based services, providing legitimacy and opening doors for mainstream use.
  • Global Payment Integration: Bitcoin’s borderless nature appealed to businesses seeking efficient, low-cost cross-border transactions, particularly as inflation and currency instability impacted traditional fiat systems.
  • Hedge Against Inflation: As global economies faced ongoing inflationary pressures, Bitcoin became a preferred asset for protecting wealth, especially for businesses looking to diversify holdings.

Climbing to $75K

The journey to $75,000 began with a series of positive developments in the cryptocurrency market. Following the approval of Bitcoin Spot ETFs and increased institutional buying, Bitcoin’s price steadily climbed. On November 7, 2024, Bitcoin reached approximately $76,999 before closing at around $75,820. This surge was fueled by a bullish market sentiment as investors reacted positively to the election results and anticipated regulatory clarity under Trump’s administration.

Breaking Through $80K

Following its initial surge to $75K, Bitcoin quickly surpassed the $80,000 mark on November 10, 2024. The momentum continued as traders rushed to capitalize on the positive sentiment surrounding the cryptocurrency. By this point, BTC was trading at approximately $80,976, reflecting an increase of nearly 9.64% from the previous day.

Approaching a New BTC All Time High at $90K

As of November 12, 2024, Bitcoin’s price soared to around $89,000. This represents a staggering increase within just a few days following the election and highlights the cryptocurrency’s volatility and potential for rapid gains. The combination of strong demand from both retail and institutional investors has driven BTC prices higher as they anticipate further growth.

How has the new ATH for BTC led to an increase in crypto payments?

We decided to analyse how the rise in the price of the main cryptocurrency – BTC affected the number of payments. NOWPayments team took the number of payments before the U.S. election and compared it with the data after the Trump has won. The result exceeded all expectations. Thanks to the growth of BTC from $72,729.89 to $90,750.94, the number of payments increased by as much as 8%. This significant change indicates the increased interest in cryptocurrency and the correlation of BTC price and cryptocurrency usage.

  1. Correlation Between BTC Price and Crypto Payments:

The 8% increase in the number of payments demonstrates a clear correlation between Bitcoin’s price growth and the rising adoption of cryptocurrency for transactions. As BTC’s value surged, so did user engagement with crypto payments.

  1. Increased Interest in Cryptocurrency:

The significant rise in payments highlights growing public and business interest in cryptocurrencies as a viable payment method, especially during moments of market optimism fueled by events like the U.S. election.

  1. Market Events Drive Crypto Adoption:

The post-election Bitcoin rally, combined with its ATH, underscores how political and economic events can directly impact crypto adoption, encouraging more users to explore cryptocurrency as both an investment and a practical payment tool.

About NOWPayments
NOWPayments is a leading crypto payment gateway providing easy and secure payment solutions for businesses around the world. With support for over 300 cryptocurrencies and features like auto coin conversion, donation widgets, and e-commerce plugins, NOWPayments offers flexible and robust payment tools for businesses of all sizes.

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Press Release

Mizzle Partners with InFlux Technologies to Power DePIN Platform with Decentralized Cloud Infrastructure and Advanced Computing Resources 

Published

3 days ago

on

November 19, 2024

By

  • Partnership to provide decentralized computing resources, enhancing platform scalability, security and high availability for distributed services


InFlux Technologies (Flux), a leading global decentralized technology company specializing in cloud infrastructure, artificial intelligence, and decentralized cloud computing services, today announced a partnership with Mizzle, a pioneering decentralized physical infrastructure network (DePIN) platform.

Under the partnership agreement, Flux will provide decentralized computing resources including CPU, GPU, storage and network capacity as required by Mizzle for its platform operations. This includes support for distributed applications and services, ensuring high availability, scalability and security. The agreement also includes monitoring and management of Mizzle’s infrastructure to ensure optimal performance along with maintenance and upgrades of the infrastructure as needed. Mizzle will work toward an estimated spend of $500,000-plus per year post-launch, with an estimated launch of January 2025.

“This partnership represents a key step in our commitment to delivering decentralized computing solutions at scale. By supplying Mizzle with essential resources, we are ensuring the platform’s ability to maintain high availability, scalability, and security. This agreement highlights the growing demand for decentralized infrastructure and demonstrates its practical applications in supporting distributed services,” said InFlux Technologies CEO and Co-founder, Daniel Keller.

Mizzle is a hyper-efficient CI/CDwith no-code development operations which simplifies server management allowing teams to innovate and scale without operational hurdles. Its confidential computing experience carries unmatched security with TEEs, eBPF and decentralized cloud compute, keeping data and operations fully protected. Mizzle has advanced storage and benefits from decentralized cloud storage enhanced with zero knowledge proofs and fully homomorphic encryption. The company is quantum ready with edge computing, is IoT-ready and committed to green computing.

Flux ensures a minimum uptime of 99.99% of decentralized infrastructure services, barring any outages or maintenance windows and offers technical support to integrate and manage the compute resources. Flux offers data security and compliance and complies with all relevant data and security regulations, ensuring the infrastructure is designed to meet regulation standards.

“We are excited to partner with InFlux Technologies, taking a key step toward advancing decentralized cloud solutions. By combining Mizzle’s technology with Flux’s expertise, we will drive greater value for enterprises and governments worldwide. Together, we are shaping the future of decentralized applications and empowering innovation across the ecosystem.,” said Founder of Mizzle Arjun Mishra.

About Mizzle


Mizzle is a DePIN platform designed to empower developers with no-code DevOps. We enable atomic and horizontal scaling of compute and storage, ensuring unparalleled flexibility and performance. Our platform combines advanced AI-driven infrastructure management with trusted execution environments (TEEs), leveraging eBPF technology for real-time protection and monitoring. We also incorporate state-of-the-art cryptographic techniques, including Fully Homomorphic Encryption and Zero-Knowledge Proofs, to guarantee maximum data privacy and security. As we move into the quantum era, with a strong commitment to Green computing (ESG), Mizzle is your trusted partner for scalable, secure, and efficient decentralized infrastructure.

For more information, visit the company’s website at www.mizzle.io.

About InFlux Technologies

InFlux Technologies (Flux) is powering a decentralized Web3 cloud infrastructure composed of user-operated, scalable, and globally distributed computational nodes. Flux provides the critical, high-availability infrastructure for the New Internet. The Flux service offers a fully decentralized alternative to some of the world’s largest cloud infrastructure providers while offering competitive pricing. Flux is committed to developing disruptive solutions that empower individuals and businesses in the blockchain industry, emerging technologies like AI, and the broader technology space worldwide.

For more information, visit the company’s website at www.runonflux.com.

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Press Release

Digital Assets Underinsured: Report Identifies $19 Billion Coverage Deficit, Less Than 3% Secured

Published

4 days ago

on

November 18, 2024

By

A recent report, Furthering Digital Assets 2024: Pioneering Insurance Solutions for the Web3 Era, highlights a substantial coverage gap in digital asset insurance, revealing that only 3% of digital assets are currently insured. This gap leaves billions at risk, with an estimated $19 billion in losses from fraud and security breaches since 2011.

The report emphasizes significant incidents that illustrate the vulnerability in the sector. These include a $650 million breach at Ronin in March 2022 and a $614 million loss from PolyNetwork in August 2021. As investments in digital assets increase, so does the call for comprehensive risk management solutions, particularly from institutional stakeholders.

With more than 90% of crypto hedge funds expressing a desire for mandatory insurance on exchange-based assets and around 40% of institutional investors now holding cryptocurrency, the demand for tailored insurance products is clear. Further Ventures, the report’s creator, points to a growing interest from institutions seeking ways to protect their digital assets through robust insurance policies.

The report also sheds light on recent regulatory responses. The Hong Kong Monetary Authority (HKMA), for example, has set mandates for digital asset custodians, requiring 50% insurance coverage on cold storage and 100% on hot wallets. Despite these initiatives, high premiums remain a challenge, with average rates around 0.5%-5% for custody insurance and 5-10% for slashing events and Directors & Officers (D&O) policies.

According to the report, addressing the insurance gap in the digital assets industry will likely require innovation in policy structure, more accessible premium rates, and a regulatory environment that supports the development of effective, comprehensive solutions. As the sector evolves, insurance options may play a critical role in fostering institutional confidence and broader adoption of digital assets.

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