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Press Release

Introducing DataGrid: Crypto’s First Comprehensive Blockchain

Team Bitcoin Daily

Published

3 years ago

on

What do we call the only the most advanced blockchain in the crypto market? DataGrid Blockchain (DGB). DataGrid is a blockchain platform developed by a Foundation called Prasaga, which has invested heavily in the crypto space to ease crypto users’ pains. 

Prasaga aims to ease problems clouding other blockchains, including scalability issues, security, and decentralization. By solving such issues in its blockchain, Prasaga will encourage more people to join the crypto world, and more developers will participate in Dapp development owing to the blockchain’s features. 

How exactly does Prasaga’s Datagrid Blockchain aim to function? What features will it have? Here is a complete review of the Prasaga platform, especially its blockchain project DataGrid. 

DataGrid Blockchain in a Nutshell

The DataGrid Blockchain, acronym DGB, is a network developed by Prasaga to provide a better blockchain experience by strengthening the current features. Moreover, DGB introduces far better characteristics than ones in the existing blockchain.  

DGB by design will ensure it remains highly secure, scalable, and provides the fastest transactions. The idea behind this blockchain is reaching the global markets and accelerating crypto adoption to businesses.

Unlike many blockchains existing in the market which do not fulfill their promise of transparency, decentralization, and security, DGB’s architecture will make all its promises solid.  

What Features will DataGrid Have?

DGB possesses features that make it the most advanced crypto platform in the financial world. Among these features include; 

Transaction Speed and Efficiency

One feature that makes DGB unique is that it’s the first blockchain to introduce a hybrid consensus algorithm. DGB leverages a dual chain consensus algorithm, combining both Proofs of Work and Proof of Stake algorithms in its functioning. The feature combination makes the DGB super-efficient and reliable, with the characteristics of top transaction speeds and the release of new blocks.

Among the features that bolster the transaction speed, reliability, and efficiency of the DGB include;

  • Sharding and scalability

Currently, all blockchains in the crypto space lack scalability of transactions. Because of their growth in adoption, it takes long durations to complete the verification of transactions. However, DGB implants sharding to bolster its scalability. Sharding is a technology that breaks down the database into small partitions called shards, which are operationally independent, thus can provide space for increasing resource supply in the blockchain. 

  • Parallel Transaction Execution

DGB institutes a system that allows it to execute multiple transactions simultaneously. Parallel execution of transactions will increase the speed of service delivery. 

Top Security

As an option for completion of payment, DGB is instituting safety protocols ensuring the platform has top security from hackers and attackers. DGB inculcates security that may parallel Bitcoin while still providing decentralization and speed. 

There is a safety-critical system enabling private, secure, interoperable networks. It will have vast applications in the industrial internet provision, messaging networks, fintech, and Dapps. 

The PoW-PoS system offers even more security protecting the system from 51%-attacks cases. 

In design, DCB will have maximum transparency but still maintain the highest integrity level for world data storage. The aim is to make an open-source, truly distributed, and decentralized network by leveraging the best system principles. 

Complete Decentralization

To bolster the blockchain’s decentralization, DGB uses XBOM. XBOM is an eXtensible Blockchain Object Model, providing top infrastructure for faster Dapp development, better market[place functioning and generation of a decentralized and scalable network. 

You can fully control your account. The marketplace transactions are decentralized in that all economic benefits autonomy and security if focused on the participants.

A code inheritance-like system that provides a chance for exponential improvement

All on-chain executions follow a smart asset approach that fosters privacy, compliance to regulations, and better monetary policy. 

The DataGrid Token 

DataGrid Blockchain will leverage Ethereum blockchain’s current mining method to mine its token dubbed DataGrid token, acronym DGT. For Ethereum mining to occur, transactions have to consume gas, and in reward, the miners are given newly released coins. 

In DGB, transactions have to consume DGT and release new DGT for rewarding the miners. The DGT is different from a smart contract token since it operates in its blockchain and not in a smart contract. 

It introduces policies that will foster stability of the token, but its policies will be unique from algorithmic minting and tethering.

Prasaga’s Real-Time Data Marketplaces

Prasaga provides a marketplace for exchanging data between IoT device owners and data consumers in a decentralized, frictionless, free, and secure manner. The platform allows all entities to build their data marketplace and sell them to data consumers.  

Unlike other marketplaces that offer past data, the Prasaga marketplace allows the entities to provide real-time data. It is easy to integrate many IoT smart devices, giving enormous data liquidity. 

It’s the consumers’ choice to select their data sources. In Prasaga, there is top innovation in the social world, especially with the real-time data streams. The hub of all these marketplaces will be the DataGrid blockchain, with innovators getting an easy time using DGB. 

The Prasaga Team

The Prasaga team has the most prolific team members divided into the leadership and advisory team. The leadership team consists of a Chief Executive, technology, financial, operation, marketing, communication, and decentralization officers. There is also a DataGrid Collaborative CEO and Advising CRO.

You can visit this link to find out the individual names and linked-in identities of each team member; It’s, therefore, easy to trust the platform. 

Final Word

Prasaga’s DGB will be the first platform to introduce a feature-rich platform, making it the only hybrid blockchain in the market. Moreover, DGB using the XBOM feature will make transactions even more secure and the blockchain more reliable. 

The Prasaga team is launching its token presale between the 22nd and 26th of January 2020. At this time, users will enjoy a 5% bonus, which gets deducted each day by 1% during this presale period. The minimum purchase value is worth a quarter of ETH, and each coin sells at $0.05. 

Additionally, for anyone purchasing over 80 ETH worth of DGT, they will receive even bigger bonuses. Investors who want to enjoy the never-ending benefits of owning a DGB token should take advantage of the time frame set to prepare and invest.

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Press Release

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

Crypto Chain Wire

Published

3 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.

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Press Release

Wemade launches Drops NFT auction service on WEMIX PLAY 

Crypto Chain Wire

Published

4 days ago

on

September 25, 2023

By

  • Game NFTs and special NFTs will be available through English Auction on Drops 
  • NFT auctions for new games Melting Earth, Ballies and Yield KingZ, will be held sequentially until Thursday, October 12th

Leading South Korean game developer Wemade today launched the new Drops NFT auction service on its WEMIX PLAY global blockchain gaming platform. 

Drops will auction off game NFTs and special NFTs minted by various games available on WEMIX PLAY. Players can use WEMIX$ to participate in the auctions which uses the same English auction method as the WEMIX3.0-based DAO & NFT platform NILE (the highest bid is determined as the final winning price). 

To commemorate the launch of Drops, NFT auctions for three new games – Melting Earth, Ballies and Yield KingZ – will be held sequentially until Thursday, October 12th.

Melting Earth is a Metaverse real estate game to restore polluted earth and become the owner of new land; Ballies is an original strategy card game that combines basketball and fantasy elements into a new experience; and Yield KingZ is a Social Casino Game-Fi leveraging benefits of WEB 3.0 based on blockchain.

WEMIX PLAY is the top global blockchain gaming platform with more than 9 million cumulative users. It offers everything from card, puzzle, simulation and strategy games; to first-person shooters, battle royale, multiplayer online battle arena (MOBA), and massively multiplayer online role-playing games (MMORPG); to casual, social networking (SNG) and sports games. 

For more information about the NFT auction service Drops and WEMIX PLAY: https://wemixplay.com/nft/drops/all.

About WEMADE

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit www.wemix.com/communication for more information.

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Press Release

Chooky Becomes Official Racing Sponsor of Meadowlands Sports Complex

Crypto Chain Wire

Published

7 days ago

on

September 22, 2023

By

Chooky, the pioneering cryptocurrency platform, is thrilled to announce a groundbreaking partnership as the Official Racing Sponsor of the Meadowlands Sports Complex. This historic collaboration cements Chooky’s position as the very first cryptocurrency to sponsor this iconic sports and entertainment venue, ushering in a new era of crypto adoption and engagement.

Meadowlands Sports Complex: Nestled in East Rutherford, Bergen County, New Jersey, the Meadowlands Sports Complex is a renowned sports and entertainment destination, overseen by the New Jersey Sports and Exposition Authority (NJSEA). The expansive complex encompasses several world-class facilities, including:

MetLife Stadium: The hallowed ground of the New York Giants and New York Jets of the National Football League (NFL).

Meadowlands Racetrack: A prestigious harness racing circuit renowned for hosting the annual Hambletonian Stakes.

Quest Diagnostics Training Center: The dedicated practice facility for the New York Giants.

American Dream: An innovative retail and entertainment destination, housing the Metropolitan Riveters of the Premier Hockey Federation (PHF).

Meadowlands Arena: A storied venue, once home to the New Jersey Devils of the National Hockey League (NHL), Seton Hall University’s men’s basketball team, and the now-Brooklyn Nets of the National Basketball Association (NBA).

Additionally, the Meadowlands Sports Complex proudly houses the largest sportsbook in the world – FanDuel Sports.

Chooky’s status as the Official Racing Sponsor of the Meadowlands Sports Complex marks a significant milestone in the world of sports sponsorship and cryptocurrency. As part of this historic partnership, Chooky will be prominently featured in commercials during the complex’s live stream, which boasts a daily viewership of millions of users. This presents a unique opportunity to connect with sports enthusiasts and crypto advocates alike. The first commercial of Chooky is set to air on September 30. 

But that’s not all. Chooky’s presence will be felt even more tangibly as a full-page advertisement graces all racing forms and Meadowlands media. This means that every visitor to the Meadowlands, whether drawn by the allure of horse racing or other electrifying entertainment, will be greeted by the captivating $CHOO ad. It’s an invitation to explore the world of Chooky, offering an enticing way to invest and be part of this vibrant cryptocurrency community.

In celebration of this monumental partnership, the Meadowlands Racetrack will host the “Chooky Inu – $CHOO” race on September 30, 2023. Following the race, an official presentation honoring Chooky will be held in the winner’s circle, marking the beginning of an exciting journey together.

Papi, CEO of Chooky, enthusiastically remarked, “This sponsorship of the Meadowlands Sports Complex is groundbreaking for the simple fact that we are the first and only crypto sponsor of theirs. We believe in the potential of cryptocurrencies to reshape industries, and this partnership exemplifies our commitment to innovation and community engagement.”

This sponsorship marks the beginning of Chooky’s comprehensive web2 marketing plan, with more exciting initiatives and engagement opportunities on the horizon. Stay tuned as Chooky’s journey with the Meadowlands Sports Complex unfolds, promising a fusion of sports, entertainment, and cryptocurrency like never before.

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