Connect with us

Press Release

MXC Partners with Polygon, Stretches User Base to 5 Million Worldwide

Team Bitcoin Daily

Published

on

MXC Exchange has partnered with Polygon, formerly referred to as Matic, which is a platform for developing blockchain networks. The exchange has recently attracted a lot of attention, with a  daily trading volume of about $4 billion. As a result, it has earned a spot among CoinMarketCap’s top 80 best and largest exchanges. It also recently announced a collaboration with the Solana Foundation and OKEX to launch two new investment funds to support the Solana ecosystem. The goal of the Solana and Polygon partnership was always to cultivate close cooperation with some of the most exciting blockchain ecosystems.

Why Partner with Polygon?

There’s a lot attracting users to the MXC platform. Compliance licenses have been issued in five separate countries, so users know that the platform is safe. They also sell spot trading, leveraged ETF, options trading, and staking services in addition to these services. MXC also strives to be as open as possible to its customers and to set objectives that are both positive and practical. The Polygon project is one of the most recent attempts at interoperability which scaling blockchain and aims to overcome certain perceived shortcomings of interoperability initiatives such as Polkadot and Cosmos. First, the Ethereum virtual machine is compatible with those used to create Ethereum Apps and solidity programming; its competitor Cosmos uses a virtual WASM-based machine. In another case, the shared security model of Polygon is entirely optional; for additional security purposes, sovereign platforms do not have to lose any independence or versatility. It claims to be sufficiently versatile to provide any scalability solution—over and above existing plasma chains, ZK-roll-ups, and positive roll-ups. An overall image of the future can be deducted from the description done by the COO and Co-Founder of Polygon, Sandeep Nailwal –  “MXC is one of the world’s most innovative exchanges, and we’re pleased to closely collaborate with the team to make Layer 2 even more accessible through direct Polygon withdrawals/deposits and further research”

Building Through Polygon

With Polygon, developers may launch preset blockchain networks with their needs-specific attributes. Users can further customize it with a broader range of modules that enable developers to build sovereign, more functional blockchains. Chains started with Polygon are able, thanks to the arbitrary messages passing capacities of Polygon, to communicate with the other chain and the Ethereum. This ability will allow a range of new applications, including interoperable decentralized applications (dApps) and easy value exchange between various platforms.

Polygon Layers

The best way to define the polygon architecture is that it is a four-layer system composed of the layer Ethereum, the safety layer, the networks layer of Polygon, and the implementation layer. The Ethereum layer is a series of smart contracts on Ethereum. These smart contracts manage transaction finality, staking, and communication between Ethereum and the assorted Polygon chains. The security layer runs side-by-side with Ethereum and offers “validators as a service” to the chains to take advantage of an additional security layer. The Ethereum, as well as safety layers, are optional. In addition, two compulsory layers exist. The first is the Polygon network layer, the ecosystem of Polygon-built blockchain networks. Each has its community and is in charge of local consensus management and blocks production. The second is the execution level used to execute smart contracts by Polygon’s Ethereum Virtual Machine (EVM).

MXC to Continue Growing

With the addition of Polygon in its partnership boat, the exchange is headed for the moon. The price of Polygon Network’s MATIC scaling solution has risen to a record high above 60 cents for a fourth straight day. Layer two scaling projects like Polygon, which facilitates quicker and more affordable transactions using side chains that operate alongside the main chain, have increased demand for network overload and high-cost transactions on the Ethereum blockchain hence we can expect the exchange to keep growing.
As MXC CEO John Chen Ju very well pointed out: “MXC is continuously pushing boundaries, while holding on to its values and beliefs. Fruitful partnerships with valuable players of the crypto-sphere will drive the industry forward and only time will show the devotion and professionalism MXC continuously offers”

About MXC

Currently, MXC Exchange has around 5 million users in more than 70 countries around the world. This achievement is a significant milestone, and the platform aims to become a go-to platform for new and experienced investors as they move forward. The exchange spreads across five countries, Switzerland, Canada, Australia, and the United States where it is fully licenced. MXC offers a high-performance trading engine that developers with expertise in banking technology developed. With every second reliability, the exchange alone delivers 1.4 million transactions and adds improved performance. Singapore and Korea host its server clusters. For more information about MXC, this ever-popular one-stop-shop for crypto exchange services, simply join any of the platforms on which MXC interacts with its community: Twitter, Facebook, Telegram or Instagram. You can visit these pages for further information on the platform.More details related to Polygon and it’s 2020 rebirth can be found on their official website or on any of the social media platforms on which they actively discuss with their increasing community: Telegram, Discord, Reddit or Github.

Continue Reading

Press Release

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

Crypto Chain Wire

Published

on

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.

Continue Reading

Press Release

Wemade launches Drops NFT auction service on WEMIX PLAY 

Crypto Chain Wire

Published

on

  • 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.

Continue Reading

Press Release

Chooky Becomes Official Racing Sponsor of Meadowlands Sports Complex

Crypto Chain Wire

Published

on

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.

Continue Reading

Trending