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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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Firework Games Studio Builds its first Battle Royale Game – SPARK ERA, with Security and Stability on AWS

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Firework Games has been working with the leading cloud infrastructure provider Amazon Web Services (AWS) on the upcoming release of the first-ever 3D space battle-royale game embedded with a reinforcement learning element (Companion NPC AI). Since the last article  about the SPARK ERA – AI-Enhanced NPCs, Firework Games has been working on integrating and introducing this feature for the first time in a galactic-based battle-royale MMO game.

Firework Games has worked very closely with AWS to bring this innovative feature to players. The integration of AWS services such as Amazon EC2, Amazon S3, Amazon RDS, Auto Scaling has allowed the studio to build a scalable and reliable game server architecture that can handle the high concurrency and intense load expected during the launch of SPARK ERA. In the upcoming days, Firework Games plans to use AWS’s AI / ML services to provide an enriched player experience by automatically extracting in-game information like character names, weapons, and gear from images and text within game videos.

Using the AWS Enterprise On-Ramp support plan, the studio was able to quickly reap the benefits of a well-planned approach through infrastructure event management (IEM), AWS best practice guidance and communicating with global AWS experts to ensure SPARK ERA’s security and stability. In particular, AWS GPU cloud services are now helping the studio to accelerate their AI models. 

“Integrating AWS’s services into our game architecture has allowed us to focus on what we do best—building an amazing 3D space battle royale game with companion NPC AI,” said Moses Ip, CEO of Firework Games. “We are excited to be able to leverage the power of AWS to bring even more innovation to our players.”

About Firework Games

Firework Games is a game development company committed to using cutting-edge technology in its games. The infrastructure is built with gaming in mind, allowing for unique gameplay experiences. Immersion and mobile apps are emphasized at the Studio, allowing players easy access to our games while integrating innovation throughout our ecosystem into the gaming business.

R&D is also the firm’s major focus. The goal is to create an immersive metaverse predicted by AI based on each user’s prior behavior. While users can be in the same dimension, their perception is unique — tailored to each user’s desires. In brief, our developers are former Tencent and NetEase, and we have AI scientists in California. The first game that we developed is Spark ERA – Echo to Universe. The beta version is currently open on PC/VR, and the official launch of the Android/iOS in August 2022.

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Moses Ip – CEO of Firework GamesThe Official Links: Twitter | Telegram | Discord | Website | Metaverse

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Revolutionary Team Presents the Pride Pixies NFTs Promoting Social Inclusiveness

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Many individuals are unfamiliar with the idea of using NFT for political change, democratic purposes, and social benefit. When it comes to NFT technology, revolution, re-organization, and re-defining are all part of artists’ daily routines. 

As one of the most innovative blockchain proponents of the year, Taylor Diamond-Vizcaino has created Pride Pixies NFT and moovmint.io, a groundbreaking NFT/DeFi platform.

As will be detailed more below, the project’s popularity has increased as a result of the team’s public revelation of their strategy.

Using NFTs to Change the World for Future Generations

True Dream Vision took a bold step following Florida’s “Don’t Say Gay” legislation. The new legislation in Florida prohibits public school students from learning about sexual orientation and gender identity. Students from all around the country came together to urge public education to become more inclusive and cohesive for everyone.

Pride Pixies NFT’s goal is to create a world where everyone may fully express themselves without fear of repercussions. When regarded from this angle, the exchange of NFTs may be considered a mechanism for speeding up the transformation process of our society toward a more inclusive framework.

The idea of scarcity is often included in the collections of many NFT ventures. Theoretically, different NFTs will have different values because of their variable rarity.

An Essential Jewel in Your Personal NFT Library

As soon as the project launch ends, traders will have access to Pride Pixie NFTs on several secondary market platforms, including Opensea and MoovMint.

There are 10,557 hand-made items in the NFT collection. A positive view of life and a willingness to speak the truth are two of the most prominent features of these artworks.

The project’s collection aims to broaden participation in the rapidly increasing blockchain industry. The team also believes that human rights should be promoted, which is the driving force for the NFT/DeFi marketplace moovmint.io.

The Pride Pixies NFTs come in a variety of skin tones and backgrounds. Symbols and imaginative references decorate these unique NFTs, making them even more interesting for experienced art collectors.

In addition, aspects of societal revolt are used in the collection to depict people who are both physically and spiritually liberated. The team decided to employ NFT technology as a means of combating any misogynistic ideas about women. The project is a celebration of the importance of women across all aspects of the world.

Founded by a Latinx LGBTQ activist and entrepreneur, True Dream Vision has made it clear how much work and resources the team is putting into this initiative for the sake of society.

The Promising Outlook of Pride Pixies

The team has recently revealed a number of project milestones. Pride Pixie pre-sales and minting will commence on June 1, 2022. Those who intend to participate in the round can apply for whitelisting on the project’s online webpage.

The sale of these Pride Pixies heralds the beginning of a brand new Ecosystem. The $MVMNT tokens are being produced for the sake of joining a play-to-earn (P2E) game in the virtual world (or, if we decide to use a more popular term, the “metaverse”).

According to the project’s developers, anybody who has owned a Pride Pixie NFT for six months or more will get an airdrop of 3000 $MVMNT tokens, which can be sold for cash on the most popular decentralized exchanges (DEX). 

Of the team’s income, 5% will be donated to the Human Rights Campaign Foundation (HRC.org) and the Ofrezco Foundation (Ofrezco.org). Early childhood education in low-income nations is being revolutionized by Ofrezco.org, which also promotes women’s engagement in the technology industry. A portion of the $MVMNT Token sales earnings will be donated to WIT (Women in Technology).

The Pride Pixies products and merchandise may currently be purchased by anybody who wants to help the initiative.

A Team of Qualified Professionals

Team members feel society’s day-to-day activities are often affected by the gradual and persistent change. Pride Pixies NFT aims to promote equal opportunity and social fairness regardless of one’s gender, ethnicity, or any other characteristic.

Getting into the field of information technology might be difficult for many people for reasons that aren’t readily apparent. Education and market frictions, just to name a few of them, are often obstacles that are hard to overcome.

In addition to its creator, the project has three additional members on its staff. Genevieve Rupelli is referred to as the “boss woman” on the project’s website, while Taylor Diamond Vizcaino refers to herself as a “creative & visionary.”

Donald Vizcaino and Muhammad Sabir Junaid join the team as “boss men,” adding their development expertise to the project.

This project has a good chance of being successful since the members of the team are dedicated, talented, and have prior project experience. The goal of the Pride Pixies NFT is to gradually shift people’s perspectives and influence lawmakers’ decisions in favor of social inclusion.

To sensitize the market, the team has hosted various events in the past. The purpose of these video lectures and webcasts is to educate the public about the NFT and DeFi worlds.

Pride Pixies aims to create a real impact in the lives of LGBTQIA people by using activism, inclusivity, acknowledgment, and advocacy. 

Subscribe to Pride Pixies NFT for More News!

The project’s technological needs are met by Polygon, Ethereum’s most renowned layer 2 (L2) solution. 

A website and social media accounts for Pride Pixies NFT are already available and will allow supporters to track the group’s progress.

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TrueUSD Names Five Banks Holding the Stablecoin’s USD Reserve

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1. TUSD is currently in collaboration with five banks.
2. Partner banks provide a safeguard for TUSD’s asset security.
3. TUSD is now audited by auditing firm Armanino.

Stablecoin TrueUSD (TUSD) named five of its current bank collaborators that ensure asset security for its USD reserves.

According to TUSD, it currently works with Signature Bank, Silvergate Bank, Prime Trust, First Digital Trust, and BitGo for the safekeeping of USD assets that back the value of the stablecoin.

For one, Signature Bank is the first bank insured by the Federal Deposit Insurance Corporation (FDIC) to launch a blockchain-based digital payments platform—Signet.

TUSD partnered with Signature Bank, a New York-based commercial firm, and was then integrated into Signet, Signature’s payment network, opening 24/7 minting services within two minutes. TUSD admitted that this development “greatly” improved its financial services for its users. Interestingly, TUSD transactions within Signet are free.

Another TUSD partner bank from 2021 is Silvergate. This financial firm became one of the first banks to set up accounts for crypto transactions and has since become known as one of the few crypto-friendly banks.

TUSD leverages the Silvergate Exchange Network (SEN), providing users with another “efficient” token minting service.

Together with SEN, TUSD reinforces its near-instant minting and redemption services with Prime Trust’s PrimeX. PrimeX enables TUSD holders to mint and redeem tokens round the clock, offering instant settlements.

Users of the stablecoin can also mint and redeem their tokens with TUSD partner First Digital Trust. Although the bank implements minimum and maximum transactions, TUSD saw this as an opportunity to provide its users with options, especially if they plan on minting or redeeming small amounts of TUSD.

TUSD is also one of the early stablecoins that crypto custodian BitGo included in its offerings. BitGo’s secure multi-signature wallets allow TUSD users to purchase the stablecoin within the wallet. 

With BitGo, users can purchase and exchange TUSD with no fee. However, a minimum amount of $1,000 worth of TUSD is required to mint and redeem.

TUSD revealed that it is exploring more ways to better its services for its users. To do so, it plans to forge relationships with more bank partners.Earlier, TUSD was reported to now be audited by Armanino, a top European auditing firm. Armanino will attest to the stability of TUSD’s smart contracts on-chain. TUSD, in turn, becomes the only stablecoin that has implemented such security standards.

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