Aloha DeFi is bringing the opportunities of non-fungible tokens (NFTs) to its thousands of users.
The decentralized project is proud to announce the launch of its NFT Staking platform that enables crypto users to win rare NFT’s by staking their ALOHA tokens.
The earned NFTs give each holder a say on Aloha DeFi’s future, depending on their rarity. NFT holders also gain access to exclusive perks and enjoy various incentives on the platform.
The newly launched NFT staking platform has already seen investors stake 8.5m+ coins for NFTs within 24 hours!
The NFT staking platform went live following the close of the Aloha public sale that started on Feb 21, culminating in a listing on Uniswap on Feb 28.
The ALOHA token, which investors received during the public sale, will be used for various solutions both in the DeFi space and in the real world.
For a minimum investment value of 0.1 ETH, participants in the sale received 2000 ALOHA, with the maximum investment of 10 ETH netting investors 200,000 ALOHA.
The public token offering was successful — the project now has enough funds locked in the treasury to develop and test the upcoming Aloha DApp in Q2 and Q3 of this year.
How To Earn NFTs And Join The Staking Contest
Investors wishing to participate in the NFT staking contest are required to hold ALOHA for a definite period, after which they can claim NFTs to their wallet.
Users can stake between 30,000 and 200, 000 tokens for a specified period (between 10 to 21 days) to earn rare NFTs in exchange. The NFT received will have different rarities depending on the amount of ALOHA staked.
Once the NFT has been claimed, the user can un-stake the tokens and re-stake to earn another NFT of a different rarity or net an NFT in the same category but in a different design.
Interested users can start staking their NFTs on the platform today to earn rewards! Each staker can win up to 5 NFTs in total.
Users who opt to un-stake their Aloha before the agreed time won’t be eligible for NFTs. However, they will still have 100% of their Aloha refunded back to their wallet.
As an added incentive for holding, Aloha will distribute a portion of the transaction fees on the platform to NFT owners. Plans are also underway to partner with other projects, enabling ALOHA holders to stake their tokens in pools to earn exclusive NFTs associated with the specific project.
The Aloha Governance System
Aloha strives to stay true to its vision of being a community-driven project. To this end, the project plans to roll out its governance system that offers various opportunities for the community to get involved in its future progression.
The NFTs mentioned above give users voting rights that allow them to make proposals via the Governance system and decide on Aloha’s future development.
Essentially, users can hold between 1 to 50 votes in the governance pool, depending on the rarity of their NFT.
Furthermore, the governance system plays a vital role in creating a healthy ecosystem by allowing the community to propose creative and rewarding ways to use treasury funds.
By connecting to the DeFi world, the Aloha platform can become truly user-driven and benefit both investors and the community.
Wrapping Up
By connecting the world’s pioneering peer-to-peer Wi-Fi hotspot with DeFi, Aloha enables users to earn ALOHA tokens which can then be traded or spent throughout their marketplace.
Users who share their bandwidth can also stake ALOHA tokens to win NFTs through the project’s decentralized network.
The Aloha app is currently available on Android and iOS, with the Aloha 4 Business and the rewards system scheduled to roll out in Q2 of 2021. Work is also in progress to transition the working Aloha app into a decentralized application (DApp).
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.
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.
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.
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.