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WiseToken: The Gold standard to DEFI on Binance Smart Chain launching on BSCstarter

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WiseToken (WISE) is a community-driven project building its DeFi token on the Binance Smart Chain (BSC). WISE is the first ever ownership less asset backed crypto in defi which has the following features such as:

  • Asset backed – meaning that WISE is backed (not pledged) with a large pool of BNB which means the price of WISE token will move with BNB and also independently. This gives its holders an exposure to the phenomena to “Diversification to one Token”.
  • No team token – yes, you heard it right. There aren’t any fixed reserve for the team or the developers instead they will get the WISE token the same way any other user will i.e. BUY IT
  • No Admin Keys – true decentralisation can be achieved only when there are ZERO % alterations, hence WISE token smart contract is designed in such a way that it will destroys the admin key and make WISE unalterable  

Despite the above features being one of its kind, WISE token is been audited by CoinFabrik (Report) and The WISE team also ran a 100 ETH bug bounty for the community to double check the code before launching

Project Components:

  • Stake: Earn consistent APY over a duration of time period chosen by user
  • Lend: Collateral Lend & Borrow – Leveraged (Like stalking with 1BNB and being able to lend 3BNB and making interest on the entire position)
  • Pool: Provide liquidity to partner DEX pools or the WISE token reserve pools
  • Hold: Users will be able to take advantage of multitudinous gains from WISE & its backing tokens such as Binance Coin (BNB) as well as Ethereum (ETH)

WISE Tokenomics

The WISE token contract has no set total supply, instead the initial supply minted by the users through the Liquidity Transformer which will fall under a defined range and partially by confined randomness and referral bonuses.

The 50 day Liquidity Transformer has an average of five million WISE available each day, though some days have randomness involved. This means the total supply available in the LT will likely be around 250 million WISE. Due to referrer bonuses, there could be up to an additional 10% minted on top of that (i.e. up to 25 million more).

For more information you can check out the doc section of WISE token here

Use Case of WISE Token

The current best use case for WISE is as a store of value. Since WISE is backed by an

un-removable pool of ETH on Uniswap, the only store-of-value risks are from sells on Uniswap,and the price of ETH itself going down vs the USD. On the other hand, buy on BSCstarter with BNB, compound the gains already seen when BNB is appreciating in price.

Liquidity: 5th largest pool on Uniswap

WISE has the 5th largest pool on Uniswap ($200 million). This locked liquidity acts as a bank to hold the value of WISE to a certain amount of ETH. More purchases on Uniswap increase the amount of ETH backing each WISE. In a worst-case-scenario, if all WISE were sold back to Uniswap, even the last to cash out would get some ETH back, and there would be 28,000 ETH remaining in the pool.

Launch on BSCstarter

WISE is launching a version of it’s contract on BSC in April. This will include a massive 15 day

long 200,000 BNB raise and $550,000 in instant cash prizes (paid out in BNB) for participants in the presale. We intend to create an initial $100 million liquidity pool for WISE on Pancakeswap.

About BSCstarter:

Innovation for bootstrapped projects has been grinding to a halt on the Ethereum blockchain. Exorbitant gas fees have nearly caused new project launches to stall and existing projects to lose user engagement — staking, claiming, and normal trades are costing ETH users hundreds in transaction fees.

And this trend will likely continue.

But innovation cannot be stopped. Over the past quarter, developers have sought lower-cost options to deploy their experiments. The Binance Smart Chain (BSC) has become the go-to platform for new product launches based on Solidity, and for existing projects looking to stay alive.

BSCstarter — it is a community-governed launchpad for raising capital for BSC projects, that isn’t filled with government red tape and KYC rules. Instead, it is the BSCstarter community that will determine which projects to list. It is the BSCstarter community that uses their collective due diligence and DYOR skills to vote Yes or No on projects coming through BSCstarter looking for funds.

The BSCstarter community is self-empowered to:

  • Performing due diligence on every submitted application on their own
  • For community members holding at least 100 START tokens, approving or denying applicants
  • Any community and non-community member can invest in approved START projects
  • Community members can approve a future grant of 1,000 START tokens if the project is on track as promised one month after the sale
  • FREE audit for projects who successfully complete a raise, by a trusted community auditor not corporate suit auditors
  • There are no special conditions — every project approved by our community is automatically given a 1,000 START token Incubation Grant, with a 30-day lock from the day of listing on PancakeSwap.

The BSCstarter developers benefit from: 

  • A reliable and vibrant, fully self-governed community seeking trustworthy launches on BSC 
  • An open and self-service application process, available for a one-man dev shop or 100-man operation 
  • An ecosystem that will help increase their chances of success via connections and potential partners who are aligned with their vision 
  • FREE contract audits by well-known community members (Rug Detectives and VidarTheAuditor) * A wonderful user experience for their customers

For Developers:

Unlike some of the other options available, the team behind BSCstarter does not serve as gatekeepers of the platform. Neither do we perform KYC or similar vetting to hand-pick projects for our establishment suits and VCs who attempt to continue getting ahead of us. Instead, developers from all walks of life are invited to self-submit their presale on BSCstarter — no approval needed from centralized teams controlled by investment funds! (Ref. Medium)

For Investors:

The team behind BSCstarter appreciates the DeFi community that has helped carry the industry for the past year, because they are us! We are the devs, the degens, apes, and chads/chadettes who are finally given a chance to invest in innovation that provides us with liberty, freedom, and equal opportunity for all. That’s why BSCstarter has an open door policy, where anyone who trusts the peer-review of projects from their fellow community members, can participate in any presale on the platform. (Ref. Medium)

Redefining Startup Incubation Through Blockchain

In the traditional world of startup incubation, project leaders are usually given a small investment after successfully completing their incubation program. They are also given the opportunity to raise more rounds in the future via lead investors and their networks if they continue to execute as originally pitched.

BSCstarter is replicating this exact concept and applying it to the decentralized community on Binance Smart Chain. Together with our hive minds and experiences, our community is collectively responsible for:

  • Performing due diligence on every submitted application
  • For community members holding at least 1,000 START tokens, approving or denying applicants
  • Any community and non-community member can invest in approved START projects
  • Community members can approve a future grant of 100 START tokens if the project is on track as promised one month after the sale
  • FREE audit for projects who successfully complete a raise, by a trusted community auditor not corporate suit auditors

There are no special conditions — every project approved by our community is automatically given a 100 START token Incubation Grant, with a 30-day lock from the day of listing on PancakeSwap.

Media Contacts:

BSCStarter

Website: https://bscstarter.finance/

Twitter: https://twitter.com/bscstarter

Telegram: https://t.me/BSCstarter

WISE Token

Website: https://wisetoken.net/

Facebook: https://www.facebook.com/wisetokens

Twitter: https://twitter.com/wise_token

Docs: https://wisetoken.net/docs#sec-2-1-1

Telegram: https://t.me/WiseToken

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Blockchain

Beyondi and Tokenis3 Collaborate to Transform Asset Tokenization

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Beyondi and Tokenis3 Collaborate to Transform Asset Tokenization

In a bold move to reshape the future of digital assets, Beyondi and Tokenis3 have joined forces to elevate real-world asset (RWA) tokenization to new heights. This strategic collaboration merges Tokenis3’s legal expertise in Regulatorily Enforceable Tokens (RET) with Beyondi’s innovative blockchain solutions, aiming to revolutionize security, compliance, and efficiency in the rapidly evolving digital asset space.

The Future of Digital Asset Innovation

RWA tokenization is not just changing how ownership is managed, it’s addressing some of the most pressing challenges in traditional asset ownership: illiquidity, high costs, and limited accessibility. Through their partnership, Beyondi and Tokenis3 are committed to accelerating these advancements.Central to this mission is Tokenis3’s Tokenization Assessment Report (TAR), a comprehensive evaluation framework that guarantees digital assets meet the most rigorous legal and technological standards. Beyondi strengthens this foundation with secure, scalable, and adaptable blockchain infrastructure designed to empower global businesses and institutions to thrive in the digital age.

Beyondi: Leading Blockchain Innovation Since 2015

Since its inception in 2015, Beyondi has been a spearhead in blockchain and emerging technologies. The company empowers founders, teams, and investors to navigate the complexities of the crypto market with confidence. Offering a wide suite of services, ranging from R&D venture building and advisory to incubation and fundraising, Beyondi seamlessly blends technical excellence with market insight to deliver transformative solutions across industries such as finance, healthcare, government, and entertainment.

Collaboration is at the heart of Beyondi’s approach. Using methodologies like Rapid Application Development (RAD) and Kanban, the team works closely with clients to deliver agile, innovative solutions. With expertise spanning IoT, Hyperledger frameworks, web and mobile development, and team augmentation, Beyondi is uniquely positioned to craft tailored, future-ready blockchain solutions.

Tokenis3: Redefining Secure and Compliant Tokenization

Tokenis3 emerges as a pioneer in digital asset assessment and tokenization, providing the essential trust and security that is lacking in today’s complex digital landscape. Their TAR establishes enforceable legal terms, ensures technological compliance, and prioritizes sustainability, a forward-thinking approach that sets them apart, offering a robust framework for both issuers and token holders. This approach enhances the credibility and security of tokenized assets, fostering trust and long-term engagement.

Shaping the Future of Asset Tokenization

The collaboration between Beyondi and Tokenis3 signals a new era for asset tokenization. By combining their respective strengths, the two companies aim to establish groundbreaking standards for security, transparency, and efficiency in the digital asset ecosystem. This partnership is not just about improving the present, it’s about responsibly shaping how assets are created, managed, and secured as the world moves forward in the digital age.

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Hashdex Unveils Innovative Dual Crypto ETF Targeting Bitcoin and Ethereum

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Hashdex Unveils Innovative Dual Crypto ETF Targeting Bitcoin and Ethereum

In a strategic move to capitalize on the growing interest in cryptocurrency investments, Hashdex has announced its plan to launch a new Hashdex Nasdaq Crypto Index US ETF, which will track both Bitcoin (BTC) and Ethereum (ETH).

On Tuesday, Nasdaq published the 19b-4 application for this groundbreaking ETF, marking a significant development in the crypto investment landscape. Unlike traditional ETFs that focus on a single cryptocurrency, Hashdex’s new offering aims to provide exposure to the two largest digital assets by market capitalization simultaneously.

The decision comes shortly after the SEC’s approval of Bitcoin Spot ETFs earlier this year and amidst ongoing evaluations of various 19b-4 applications for Ethereum Spot ETFs in May. This move positions Hashdex uniquely in the market, allowing investors to benefit from the potential of both BTC and ETH in a single investment vehicle.

Bloomberg expert Seyffart weighed in on the announcement, noting that a dual BTC and ETH ETF from Hashdex, weighted by market capitalization, is a logical progression in the evolving ETF landscape. While Hashdex opted not to pursue an Ethereum Spot ETF application alongside other major issuers, their focus on a hybrid ETF underscores their commitment to innovation and strategic diversification.

According to the application, the Hashdex Nasdaq Crypto Index US ETF will include cash holdings but refrain from incorporating additional cryptocurrencies. If approved, custodianship will be entrusted to industry leaders Coinbase and BitGo, with the SEC’s final decision expected by March 2025.

This initiative marks a significant milestone as the first US spot ETF application encompassing more than one cryptocurrency. Current plans allocate approximately 74% of the ETF’s portfolio to Bitcoin and 26% to Ethereum, reflecting the respective market capitalizations of these digital assets.

While similar investment products are already available in Europe, such as Bitpanda’s Bitpanda Crypto Index 5/10/25, which tracks the largest cryptocurrencies by market cap, Hashdex’s dual crypto ETF aims to provide US investors with a novel opportunity to diversify their crypto holdings within a regulated framework.

In summary, Hashdex’s innovative approach to launching a dual BTC and ETH ETF underscores the increasing integration of cryptocurrencies into traditional financial markets. As regulatory approvals progress, this ETF could pave the way for broader acceptance and adoption of digital assets among institutional and retail investors alike.

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Trader burns $340,000 in one minute with TrumpCoin

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Trader burns $340,000 in one minute with TrumpCoin

A Memecoin investor had to pay a heavy price for his mistakes. The trader lost over 340,000 US dollars in one minute. How the faux pas could have happened.

Memecoin Trader Loses Over $340,000 in a Minute Due to Fraudulent Transaction

A memecoin trader has reportedly lost more than $340,000 in less than a minute, according to the on-chain analysis service Lookonchain on X (formerly Twitter). The incident involved two transactions on Solscan, revealing a significant financial mishap.

On June 18, the trader attempted to exchange 2,500 SOL (approximately $342,000) for the newly launched TrumpCoin (DJT) using a trading bot. However, instead of receiving the legitimate DJT tokens, the trader was duped into obtaining 92,000 fake DJT tokens created by fraudsters. These fraudulent tokens were worth significantly less than the genuine ones.

The transaction took place through a “fake” liquidity pool on Raydium. This pool was not sufficiently funded and was filled with DJT tokens created by scammers. When the trader attempted to convert the DJT tokens back to Solana, the scam became evident. Unfortunately, by this point, it was too late, and the trader’s initial 2,500 SOL had dwindled to just under 5 SOL—a loss of over $340,000. For the fake DJT tokens, the trader received only $673.

The DeFi (decentralized finance) space is rife with such scams, where fraudsters set up fake liquidity pools to exploit traders’ mistakes. Some decentralized exchanges (DEXes) issue warnings to users about these scams, but trading bots typically do not provide such alerts. This lack of warnings is especially problematic with newly launched coins, where traders can easily fall into the trap of exchanging for the wrong tokens.

This incident highlights the perils faced by crypto investors beyond the usual price volatility. The affected trader remarked on X, “Life goes on,” reflecting a resigned acceptance of the loss.

Despite this unfortunate event, the world of memecoin trading has its success stories. Some traders have achieved remarkable profits in short periods. For instance, one trader became a millionaire in just five hours, while another made a profit of $9.5 million in ten days by trading the celebrity token MOTHER, associated with US rapper Iggy Azalea.

This stark contrast between potential gains and significant losses underscores the high-risk nature of the cryptocurrency market, particularly in the memecoin sector. Investors are reminded to exercise extreme caution and conduct thorough research before engaging in such trades.

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