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Press Release

Gold Standard DAO | Creating a Sustainable Platform with Dynamic Taxation and Gold Standard

redfly.eth

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Gold Standard DAO is cruising high after partnering with LODE and completing its first presale. A sustainable tokenomics and tax structure followed by the highly successful presale to create a solid foundation for the platform to build further, Gold Standard DAO or GSDAO aims to leverage the stability of gold and help people secure their money, making it immune to market fluctuations and disturbances. The users will buy the $GSD token, but the tokens will be backed by real physical gold kept safely in special vaults. The project is launching soon, public sale followed by mainnet launch will take place within Q1 2022.

A Solution for Trading in Gold

Gold trading and investing against the metal has its issues, which the Gold Standard aims to solve. It decentralizes the entire system and turns it into a self-governing environment leaving out the policymakers from deciding the fate of the value of gold at any point.

No Centralized Authority

With the Gold Standard DAO, gold does hold its dynamism in terms of price, but it happens without the intervention of any single centralized authority. With GSDAO and blockchain integrated into this system, users enjoy more control over their investment and enjoy a better outcome.

As more users add tokenized gold in the treasury, the total value locked (TVL) increases, and the Annual Percentage Yield (APY) drops. When people sell from the treasury, it creates a dynamic impact leading to an increase in the APY, attracting more investment. This stabilizes the system and prevents it from going up and down too much. 

Working Of GSDAO

Each $GSD token is backed by 1 milli-ounce of tokenized gold in the treasury. The platform’s protocol is created in a way that the $GSD’s fair traded value is more than the intrinsic value of gold kept safely in the vaults.

Minting New $GSD Tokens

New $GSD tokens will be minted only when there is enough bullion to support the new tokens. This will make sure that there is no unwarranted minting of the tokens that can easily reduce the price by way of supply and demand disequilibrium. The Gold Standard DAO will launch within Q1 2022 on Avalanche initially then migrate to the Syscoin network when the Syscoin layer 2 is ready in a few months.

Bonds and Staking on GSDAO

Staking is a primary activity users can undertake to earn more $GSD. The $GSD tokens can be staked to earn rebase rewards, which in turn, comes from the bond sales. The users will stake $GSD in the predetermined protocol, and they will be rewarded according to the rates set by the monetary policy.

Introducing Dynamic Buying and Selling Tax

The selling tax is implemented to ensure the balance in the ecosystem, preventing losses for the investors even after some users decide to pull back their investments after profits. As it’s a decentralized system, Gold Standard DAO cannot stop the participants from withdrawing their contributions.

So, a better way around is to introduce a tax that will feed the withdrawn portion back into the system. The purpose is to ensure that users have the freedom to decide what they wish to do with their investment while maintaining the treasury health. 

How will the Buy and Sell Tax Be Implemented?

Both types of taxes are there to protect the treasury health. The sell tax will increase when the price falls while decreasing the buy tax. Both types of taxes are dynamic and will adjust according to the position and health of the platform. 

When the buy tax is less, it will incentivize buying, bringing more investors as some have decided to leave. 

Key features:

Gold Standard DAO has worked to build and run sustainable plus longevity-oriented protocol. GSDAO further aims to innovate and evolve its protocol and its functioning by expanding the treasury asset options. 

Interest Bearing Tokens: 

In addition to digital Gold (AUX), the protocol will allow the acceptance of Interest Bearing Tokens into the treasury. Interest bearing assets are fully collateralized representations of their own respective cryptocurrencies while at the same time providing users with a base interest rate just by holding them. 

NFT Auction:

The plan is to organize weekly / fortnightly NFT auctions with NFTs created by a few renowned artists to strengthen the treasury. These NFTs should be unique and very limited. Participants can only bid on the NFTs by using $GSD tokens. A big percentage of the $GSDs raised from the NFTs will go straight to the treasury. The idea is to incentivise purchasing of $GSDs and increase buying pressure while benefiting the treasury.

More innovative features will be added to the protocol to introduce additional use cases to benefit the treasury and protect the project against inflation.

Partnerships

To provide the required momentum to the entire system, GSDAO has partnered up with LODE and Syscoin Foundation.

LODE

LODE is an audited/registered Swiss corporate legal entity and is the primary supplier of AUX digital gold to the GSDAO treasury. Each AUX coin is backed by one milligram of 99.99% investment grade, vaulted and insured gold bullion. LODE then mints each AUX Coin and sells those coins into the global marketplace for sending, spending, trading, and storing value. 

Syscoin Foundation

The Syscoin network is a decentralized and open source project founded in 2014 by the founders of Blockchain Foundry. Syscoin’s value is in its security, speed and close ties to the Bitcoin codebase with scalability in mind and flexibility of the Ethereum chain.

Conclusion

Working on the principles of DAO, the Gold Standard DAO takes an innovative turn and will become the first platform of its kind on Syscoin. The users buying the $GSD token will get an assurance for their investment via real physical gold pegged to the tokens and reserved in vaults across the globe. The users will benefit from a new smart chain along with enjoying a stable currency platform getting assured returns on their investments.The Gold Standard DAO is set to launch within Q1 2022, exact dates will be announced on its website and social media platforms. 

Media Contact

Arthur Rothschild – Gold Standard DAO 

Website: www.gsdao.org

Email: admin@gsdao.org 

PR – Cryptoshib.comEmail – info@cryptoshib.com

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Press Release

WEMIX Unveils Groundbreaking Updates for a Sustainable Blockchain Gaming Future

Crypto Chain Wire

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WEMIX is thrilled to have unveiled its latest ecosystem updates and developments during WEMIX DAY. This special event featured an in-depth video presentation showcasing significant changes and innovations within the WEMIX ecosystem, marking the start of a new era for blockchain gaming.

Dedicated to enhancing the sustainability of its ecosystem through the “Prioritize and Focus” strategy, WEMIX is driving continuous change. Join us at WEMIX DAY as we reveal the future of the revitalized WEMIX ecosystem.

Watch the WEMIX DAY Video Presentation: YouTube Link.

During WEMIX DAY, we introduced several key initiatives and updates that will drive the future growth and sustainability of the WEMIX ecosystem:

WEMIX PLAY

WEMIX Pay 

WEMIX Pay is an innovative payment method for purchasing game content using the WEMIX native token, slated for release in the second half of this year. This feature is designed to establish WEMIX as a robust utility token, integrating seamlessly into major WEMIX PLAY games and driving increased utility and demand for WEMIX. Using WEMIX Pay earns you both PLAY Tokens and Prime Points, which are crucial for fueling the growth and sustainability of the WEMIX PLAY platform.

PLAY Token 

A key component of WEMIX Pay is the PLAY Token, a cryptocurrency obtained through WEMIX transactions and uniquely tied to actual game revenue. Unlike other tokens issued in large quantities without practical use, PLAY Tokens will only be minted when real game revenue is generated by WEMIX Pay. These PLAY Tokens are subsequently burned and not recirculated, preventing inflation. 

PLAY Tokens are primarily obtained through WEMIX Pay transactions, and can be exchanged for REFLECT Tokens at a fixed rate, providing a consistent value and facilitating transactions within the ecosystem. Reflect Tokens are designed to enhance the liquidity and stability of the WEMIX platform, enabling users to seamlessly convert their in-game earnings into a more stable form of currency that can be used across various WEMIX services and platforms.

Users can also receive PLAY Tokens as a reward for signing up early (pre-registration) and for participating in various activities within the WEMIX PLAY gaming community. These activities could include tasks such as playing games, completing challenges, engaging with the community, or other in-game and platform-based actions.

Prime Points 

Prime Points operate as a mileage system within the WEMIX ecosystem, earned in conjunction with PLAY Tokens through WEMIX Pay. Accumulating Prime Points increases your Prime Points level, unlocking exclusive benefits at each tier, including VIP passes, NFTs, airdrops, and early access to games. Further details on how to earn Prime Points through various ecosystem activities will be released soon.

WEMIX Buy-Back 

Designed as a virtuous cycle system, WEMIX Buy-Back allocates a minimum of 4-5% of WEMIX Pay revenue towards reducing supply and increasing user benefits.

WEMIX PLAY Reborn: https://wemixplay.com

The WEMIX PLAY platform is being reborn as a community-centric hub for blockchain games, where gamers and content creators can interact, share game strategies, enjoy memes, preview game art, and watch developer Ask Me Anything (AMA) sessions. The newly revamped WEMIX PLAY will launch in beta in the second half of the year.

Upcoming New Games on WEMIX PLAY

  • Legend of Ymir: Based on Norse mythology, this game showcases realistic, dynamic character animations achieved through advanced facial expression and motion capture technology. It is scheduled for a global release in late 2025.
  • Project M: Developed by the esteemed studio behind the legendary MIR series, this Web3 MMORPG builds on the legacy of blockchain games, MIR4 and NIGHT CROWS. It is slated for release after 2025.
  • Meta Toy DragonZ SAGA: A collectible RPG where players collect and nurture unique toy dragons, expected to be released in the fourth quarter of this year.
  • Crystals of Naramunz: An RPG set in a steampunk world with charming anthropomorphic characters. It is planned for an early 2025 release.

All games in the upcoming lineup will integrate WEMIX Pay, enhancing their utility and contributing to WEMIX Buy-Back resources, and foster a healthier ecosystem.

Wepublic: https://wepublic.com

Wepublic leverages the advanced blockchain technology of WEMIX to promote transparency in society. By utilizing blockchain, Wepublic enables transparent decision-making and fund flows. The platform’s SBT (Soulbound Token) based certification voting system ensures transparency by recording all decision-making processes on the blockchain. This innovative voting system has been successfully implemented in universities and religious institutions and will be accessible as an open platform by 2025.

Moreover, the blockchain-based Wepublic points system allows organizations to raise and use funds transparently without needing external audits, sharing the flow of funds with DAO members. The WEMIX donation feature, added last June, and the upcoming funding project service launching this August will help various organizations raise funds transparently for common goals.

Brioche Hard Fork

The recent Brioche Hard Fork saw approximately 434 million WEMIX burned and introduced a halving mechanism, reducing the amount of WEMIX minted per block in half. This marks the start of a healthier WEMIX ecosystem.

WEMIX: Committed to an Immersive Blockchain Gaming Experience

WEMIX remains steadfast in its commitment to delivering an immersive blockchain gaming experience through targeted strategies. Our unwavering dedication to ushering in a new era for WEMIX promises many more innovations on the horizon. Pre-register now for the newly revamped WEMIX PLAY gaming community platform to receive PLAY Tokens, and stay tuned for details on the upcoming PLAY Token airdrop for community participants.

For more information, please visit www.wemix.com or contact: pr@wemix.com.

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Press Release

Physical Doge (PDOGE) Opens Multi-Round Presale Targeting Early Supporters

Crypto Chain Wire

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Physical Doge (DOGE) has recently opened its multi-round presale for early supporters of the meme-inspired cryptocurrency. This event gives decreasing bonuses per round, with the first round offering an impressive 40% bonus for purchases. 

The project also features a clear token distribution plan, with allocations for presale, liquidity & listing, staking, and community rewards. With well-defined plans ahead, Physical Doge aims to become the next trendy project in the meme coin niche.

A Rare Opportunity for Memecoin Lovers

The ongoing presale for $PDOGE offers a rare opportunity for memecoin lovers. With its meticulously designed tokenomics and carefully planned distribution schedule, it ensures fairness and sustainability. 

Here is how it works: Round 1 of the presale offers a +40% bonus for purchases up to 5,000,000 $PDOGE. In Round 2, buyers can still enjoy a +25% bonus for purchases between 5,000,001 to 9,000,000 $PDOGE. The final opportunity in Round 3 grants a +17% bonus for purchases between 9,000,001 to 15,000,000 $PDOGE.

But that’s not all. There is a total supply of only 100,000,000 $PDOGE tokens. Allocations include Presale, Liquidity, Listing, Staking, and Community Rewards. The project ensures a balanced token distribution, meaning investors may see significant rewards as the project grows.

Physical DOGE – Present Features and Future Plans

The Physical DOGE team has shared several key features of this project. First of all, users can enjoy the ease and convenience of purchasing through the BNB Chain with minimal fees. 

Additionally, once purchased, the ownership of the Physical DOGE token immediately goes to the buyer. This prevents any delays or complications in owning the token.

Aiming to promote fair distribution and prevent market manipulation, each person is limited to a $5000 purchase limit. This strategy promotes equal participation and deters dumping activities by large investors or “whales.” Furthermore, upon completion of the presale phase, Physical DOGE will go live on top tier-2 exchanges.

One aspect that sets Physical DOGE apart from other memecoins is its initial market capitalization of only 5 million. Aiming low initially allows for gradual growth and stability in the long run.

Looking toward the future, it is important to mention that the Physical DOGE team has designed a roadmap of four phases. Phase 1 (or the “training” phase) involves rigorous preparation through physical and strategic training. This included the creation of a clear whitepaper to guide and unite the community. 

Phase 2 (the “King of Street” phase) lists staking, KOL collaborations, and large-scale marketing as key milestones. This phase aims to demonstrate Physical DOGE’s prowess in competitive environments.

Phase 3 (“Octagon”) will focus on hosting campaign events, launching staking platforms, securing users, and listing on top tier-2 exchanges.

Finally, Phase 4 (or the “Champion” phase) will push PDOGE on tier-1 exchanges. The team will also work to maintain solid prices through KOL partnerships and platforms and secure more users.

About Physical DOGE

Physical DOGE (PDOGE) is a new and exciting project inspired by the legendary Dogecoin phenomenon. It brings together a team of talented indie game artists who are passionate about web3 mining games. The team envisions a world where Dr. Koch, driven by a visionary dream, infuses Shiba Inu with potent muscle DNA. This is how the “Physical DOGE” meme came to life.

Beyond the meme power, this project has solid features and a clear roadmap. Multi-round presale offers bonuses up to +40%, creating a rare buying opportunity for early supporters. The project comes with a well-designed tokenomics, ensuring fairness and sustainability.

Anyone curious to learn how Physical DOGE works can simply visit the project’s website or read the whitepaper. As always in the crypto sector, PDOGE’s social pages provide valuable information and updates.

X (Twitter) | Telegram

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Blockchain

$PRICK is the new PEPE: get a 75% token bonus ahead of the listing on OKX

Crypto Chain Wire

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$PRICK on Solana already has a community of 1 million users, an NFT collection with a 75% cashback for holders, and a Telegram game with a 200 SOL monthly prize pool. With several major CEX listings coming starting from July 22, $PRICK is ready for a fast expansion.

The incredible rise of $PRICK: from a meme to an ecosystem with NFTs and a clicker game

$PRICK stands for Pickle Rick, and it’s one of the most talked about memecoin ecosystems on Solana. What started as a fun meme quickly became an ambitious project boosted by its passionate community of almost 1 million users, including 240 thousand on X (Twitter) and 740 thousand on Telegram. 

So successful is $PRICK that at least three major exchanges have already agreed or tentatively agreed to list it, including OKX, BingX, Bybit, and BitGet.

What is it about $PRICK that makes users pick it over hundreds of other memecoins on Solana? There are multiple factors, including fair token distribution; very good price performance; a game with large prizes in SOL and $PRICK; and NFTs that make holders eligible for a raffle and a 75% cashback.

Robust and fair tokenomics

  • The team has burned all the initial LP tokens, then renounced contract ownership;
  • 10% of the circulating supply was purchased in the open market and locked to finance CEX listings, community airdrop, and token burns;
  • There is no tax on buying, selling, or sending $PRICK;
  • The rest of the 1 billion $PRICK supply is released smoothly at the rate of 1% a month. 

Positive price dynamics and potential

Since its DEX launch at the end of May, $PRICK has never gone below the initial listing price – something that very few Solana memecoins can boast of. At the same time, the price currently sits 70% below the ATH, creating an interesting opportunity for buyers ahead of the scheduled listings on OKS, Bybit, and BingX. 

Telegram clicker game

$PRICK is one of the first memecoins to launch its own Telegram clicker game, inspired by the success of Hamster Kombat and Notcoin. As players earn points and complete tasks, they climb the leaderboard and compete for a share of the monthly 200 SOL prize pool and large bonuses in $PRICK. 

Mint one of the 101 NFTs to get 75% back in $PRICK and a ticket for the 1,000 SOL raffle

Pickle Rick’s exclusive NFT collection was launched on July 15 and features only 101 NFTs, each with a unique hand-drawn design of the title character, Pickle Rick. The main advantage of holding a Pickle Rick NFT is a massive 75% cashback in $PRICK that each holder will receive once the token is listed on OKX or Bybit on July 22. 

 Moreover, upon the listing on Bybit, the project will hold a raffle for all its NFT holders with a prize pool of 1,000 SOL. 

The cashback is calculated as 75% of the mint price of 12 SOL, translated into $PRICK at the exchange rate on July 22 (the listing day). As of the time of writing, part of the collection is still available to mint, but users should act quickly so as not to miss this opportunity. 

OKX and other major CEX listings coming soon – and where to buy $PRICK right now

The team of $PRICK has successfully negotiated with several large crypto exchanges to list the token. The series of listings is scheduled to start on July 22 with OKX, followed by $PRICK launch on BingX, Bybit, and BitGet. 

The news of each new listing can cause a significant surge of the $PRICK price. Ahead of the listings on these major platforms, users can already buy $PRICK on the following exchanges:

Raydium (Solana): $PRICK/SOL, contract address 6zoshtkmyX4kRFg3p152yV2bPssxeYdNvW3c6EVCE4UP

MEXC: $PRICK/USDT

In less than two months, Pickle Rick ($PRICK) has built one of the most active meme ecosystems on Solana, with hundreds of thousands of loyal followers, a generous system of incentives, NFTs, and even a game. This is just the beginning, however, as the team promises even more bullish news in the coming weeks. 

Follow $PRICK on social media

Official website

X (Twitter)

Telegram

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