Following on from our explosive announcement of building the first IDO marketplace and launchpad aggregator we wanted to provide an update. In this post we explain how NFTs and IDOs will come together on the YOP platform.
So first an update on the NFT farming currently running on the MEME Platform. You can stake from 88 YOP upwards to farm Pineapples, these can be used to claim YOP NFTs. The YOP NFTs were launched to enter a prize draw for a chance to win exclusive FVCKRENDER NFTs. Only 36 of these will be minted for circulation. At launch we mentioned that the YOP NFT Tickets would have further use cases. Today we would like to expand on that. Before we head into more details, we are also announcing today that the farming of YOP NFTs on the MEME Platform will end on 30th April 2021. All YOP NFTs must be claimed by 18th May 2021.
Moving onto the function of YOP NFTs in the IDO Marketplace. We are working with our partners to bring YOP holders the best projects with a streamlined process. There are 3 tiers of YOP NFTs.
Farm YOP NFTs Limited Time on MEME
Before we outline the YOP NFT tiers, lets clarify how the YOP IDO Marketplace will work. There have been many questions about how we intend to work with our partners and which pools will collaborate. The first point is that the YOP IDO Marketplace should give you access to existing pools as you would access them via the native platform. This streamlines token holdings, adds the calendar and allows the customer to participate from one wallet in a simple and easy to use application.
The next stage above is where we offer a portion of an existing IDO via the YOP IDO Aggregator in conjunction with another platform. We have several plans to approach this and it will develop as time progresses. Especially as IDO platforms move to permissionless structures. From day one we may not work with every partner at the same level but intend to increase these offerings overtime and continue to improve the YOP platform experience.
Finally we have the YOP Exclusive Pools that will be supported from Pluto Digital Assets bringing incubated projects to the Yield Optimization Pad. Stay tuned for the first project coming to market.
The 3 Roads Leading to Yield Optimization Pad
Now onto the $YOP Exclusive Pool tiers. When we announced the Yield Optimization Pad we noted that you should HODL 333–8888 $YOP. Here are the details on how each tier will work and the Bonus access via holding the YOP NFT.
ROUTE ONE
333 $YOP for Base Tier. Base gives you a chance to win an allocation for the pool, the number of slots available will vary project to project.
8888 $YOP for Prime Tier. Prime will give you fixed allocation in a project in the YOP Exclusive Pools. The final allocation depends on the total available and number of participants.
Both Base and Prime have maturity. So you must have held the tokens for a minimum of 30 days.
ROUTE TWO
We then move onto the Bonus Tiers. There are 3 YOP NFTs: $YOP 88, yProtocol 222 and the yPlatform 888. Each ticket will allow holders to participate in YOP Exclusive Pools. We outline each tier below:
$YOP Token NFT: Gives you access to the IDO Allocation Draw.
yProtocol NFT: Gives you access to fixed IDO Allocation.
yPlatform NFT: Give you access to fixed IDO Allocation + the option to participate in the private sale in exclusive projects.
ROUTE THREE
The Yield Optimization Pad: Stake for Cake. In this option we will open a staking contract where holders are required to stake YOP tokens to claim YOP Exclusive Pool project tokens. Here you do not required to spend any YOP or ETH. You are simply staking to claim. For all YOP holders of 888 $YOP and above with a maturity date you will receive a portion of the YOP Exclusive Pool.
Summary
MEME Staking ends 30th April 2021. All YOP NFTs must be claimed by 18th May 2021.
HODL 333–8888 $YOP
HODL YOP NFTs for access
Stake for Cake: HODL 888 $YOP
Pluto Digital Assets Incubated Projects
We believe that these variations provide a more fair chance for everyone to participate in the Yield Optimization Pad. We look forward to unveiling our platform and bring the first project to YOP Holders. For those of you who love NFTs, small hint 🏴 + ⚽️ = NFT 🚀
Mark your calendars for an unparalleled gathering of blockchain and web3 pioneers as the 29th World Blockchain Summit, organized by Trescon and co-hosted by Sun Minimeal, is set to take the stage in Dubai. Scheduled for April 22-23, 2024, at the iconic JW Marriott Hotel Marina, this summit promises to be a cornerstone event, spotlighting the UAE’s progressive embrace of web3 technology and its vision for a future shaped by digital innovation.
The World Blockchain Summit has established itself as a seminal series, bringing together a global cadre of blockchain enthusiasts, innovators, visionaries, thought leaders, and policymakers. This forum serves as a critical platform for deliberating on the integration and implications of blockchain technology across vital sectors, reflecting the global economy’s evolving digital landscape.
Amidst Dubai’s transition towards a digital-first economy, bolstered by strategic government initiatives and a burgeoning digital infrastructure, the city emerges as a global beacon for blockchain and web3 innovation. The inauguration of the Dubai AI & Web3 Campus by DIFC, coupled with the establishment of the Virtual Assets Regulatory Authority (VARA) in Dubai, underscores the region’s commitment to fostering a dynamic digital ecosystem, attracting investors and innovators worldwide.
The upcoming summit anticipates over 2,000 web3 decision-makers, 300+ investors, and more than 100 distinguished speakers. A highlight of the event is the regional finale of the Startup World Cup, orchestrated by the globally renowned venture capital firm, Pegasus Ventures. This competition offers startups a gateway to global recognition and a shot at securing US$1 million in funding at the global finals in San Francisco.
#WBSDubai will showcase a series of compelling keynote addresses, use-case presentations by leading blockchain experts, and thought-provoking panel discussions. The agenda will cover pivotal topics such as the role of Central Bank Digital Currencies (CBDCs), the potential of blockchain to enhance ESG impacts, and the importance of interoperability within the blockchain ecosystem and more.
Some of the notable speakers attending the event include:
Pascal Gauthier, Chairman & CEO, Ledger
Roham Gharegozlou, Co-founder and CEO, Dapper Labs
George Gvazava, Chief Crypto Officer, Bank of Georgia
Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC., Circle
Yosuke Yoshida, Co-CEO of EMURGO Middle East & Africa CEO of EMURGO Kepple Ventures, EMURGO
Bandar Altunisi, Head of Development for Binance in Saudi Arabia Head of Institutional Relationships for Binance Dubai (FZE), Binance
Stefan Kimmel, CEO, M2
Richard Muirhead, Managing Partner, Fabric Ventures
Sharing their enthusiasm about the event, George Gvazava, Chief Crypto Officer, Bank of Georgia said,” In the realm of innovation, the World Blockchain Summit serves not only as a gathering of minds but as a crucible, where ideas are forged into the connections, use-cases and technologies of tomorrow.”
“As Dubai spearheads the UAE’s digital transformation, blockchain technology plays a central role. Trescon is at the nexus, linking pioneering entrepreneurs with elite global investors. The World Blockchain Summit stands as the definitive forum for revealing the forefront of blockchain innovation and insights,” states Sharath Ravi, CMO, Trescon.
Hurry, registration for the World Blockchain Summit in Dubai is still available! Reserve your spot now to be part of one of the year’s most anticipated blockchain and cryptocurrency gatherings. Act fast to seize this exclusive chance to participate and secure your tickets and sponsorship today!!
The 29th edition of the World Blockchain Summit is supported by:
Official Digital PR Distribution Partner – ZEX PR Wire
ABM Partner- Demandify
Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association
Prime Media Partner- Demandteq
Community Partner – Hyperledger Foundation
About World Blockchain Summit (WBS)
World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.
WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.
Big Red LLC, a pioneering blockchain and cryptocurrency project, proudly announces its sponsorship partnership with Cornell University’s Entrepreneurship at Cornell program. This landmark collaboration signifies Big Red LLC’s commitment to fostering innovation and education within the blockchain space while establishing the project as a trailblazer in the crypto industry.
Named after the iconic Cornell University mascot and inspired by the university’s rich history of academic excellence and innovation, Big Red LLC represents the fusion of tradition and innovation. The project’s moniker pays homage to Cornell’s longstanding legacy and its influential role in shaping the world of blockchain technology.
As the first crypto sponsor of the Entrepreneurship at Cornell program, Big Red LLC embarks on a journey of mutual benefit, bringing together academia and industry to drive groundbreaking initiatives. This partnership opens doors to unprecedented opportunities, particularly for students, for innovation, education, and collaboration within the blockchain space.
“We are thrilled to be partnering with Cornell University’s Entrepreneurship program,” says Christopher Gilles Fourquier, Lead Developer of Big Red LLC. “This collaboration opens doors to unprecedented opportunities for innovation, education, and collaboration within the blockchain space. As the first crypto sponsor of Entrepreneurship at Cornell, we are proud to pioneer this initiative and set a new standard for industry-academic partnerships.”
The corporate sponsorship extends beyond financial support, as two esteemed members of the Big Red LLC team, Frances Regina (Head of Growth and Partnerships) and Christopher Gilles Fourquier (Lead Developer), will be listed on the advisory council of the Entrepreneurship at Cornell program. This prestigious honor places Big Red LLC at the forefront of academic-industry collaboration, as these individuals join an elite group of advisors guiding the program’s initiatives and participating in the entrepreneurship ecosystem at Cornell.
“This is a significant achievement for our team,” says Frances Regina, Head of Growth and Partnerships at Big Red LLC. “Being listed on the advisory council of Cornell University’s Entrepreneurship program is a testament to our expertise and dedication to driving innovation in the blockchain space. We look forward to leveraging this partnership to create meaningful impact and foster the next generation of blockchain entrepreneurs.”
The sponsorship opens doors to a plethora of opportunities for Big Red LLC within the Cornell community. Big Red LLC will be prominently featured as a corporate sponsor at Entrepreneurship at Cornell event, providing a platform to showcase its innovative projects and initiatives to a diverse audience of students, alumni and academics.
Additionally, discussions are underway for Big Red LLC to host its own event with Entrepreneurship at Cornell, focusing on blockchain technology and the future of Web 3.0. This event will serve as an invaluable opportunity to engage with students and faculty at Cornell.
Furthermore, Entrepreneurship at Cornell hopes to host a webinar in collaboration with Big Red LLC, offering insights into the innovative developments within the blockchain industry. This webinar will provide a platform to educate and engage with audiences about the transformative potential of blockchain technology.
“The partnership with Entrepreneurship at Cornell represents a significant milestone for Big Red LLC,” concludes the Blockchain Brothers, one of the strategic advisors for Big Red LLC. “Cornell’s longstanding legacy of academic excellence and innovation aligns perfectly with our vision for long-term domination in the blockchain space. We hope to capitalize on the sponsorship with multiple possibilities for collaboration and growth.”
Zachary Shulman, Director of the Entrepreneurship at Cornell program, conveyed enthusiasm regarding the partnership, articulating, “Given Cornell’s leadership in blockchain research, it is fantastic to cement this inaugural crypto sponsorship with Big Red LLC. I am very excited to get Big Red integrated into our eship ecosystem, hopefully to the direct benefit of our students!”
The sponsorship with the Entrepreneurship at Cornell program provides credibility for Big Red LLC and also positions the project to bridge the gap between academia and industry. This partnership marks a significant milestone in the journey of Big Red LLC and reaffirms its commitment to pushing the boundaries of innovation in the blockchain space.
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