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Blockchain Banking Platform Quantocoin Announces IEO and Utility Token Listing on Exchanges

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COSS

Quantocoin is a blockchain bank that will offer all the benefits of a traditional bank but without any of the drawbacks. The company is launching its native Utility token on leading exchange LAToken, after the final round of its IEO is complete. The QTCT token sale is staggered over 3 rounds, with the first round now extended until the 7th of February, and the last round finishing on March 30th, 2021.

Quantocoin is a blockchain bank focused on offering a solution to mainstream banking problems, whilst still offering all of the benefits associated with traditional banks. The Quantocoin blockchain banking platform and mobile app are set to launch in Q2 2021. Both will utilize blockchain smart contracts to do away with slow transaction times and high processing fees but still provide traditional offerings such as fraud security, and new technologies like Bio-ID verification.

A Blockchain Bank Of The Future

Quantocoin will offer faster transaction times, less administration requirements and a lower cost than traditional banks. Quantocoin is also focused on security and has streamlined traditional AML and compliance procedures using fast, secure and more affordable blockchain technology.

In striving to blend all of the best aspects of traditional banking with the benefits of blockchain, QTC will offer a broad range of features. Quantocoin will provide great banking features such as Insurance protection, Credit, Payment Deferral, Remittances, and Unlimited international transfers, all of which will greatly benefit global businesses.

Individuals and blockchain enthusiasts will benefit equally though, with evolved features like spending cashback, (up to 30%) Crypto and fiat currency exchange and advanced asset management. Users will be able to receive funds, send money, make payments and even trade, all with cryptocurrency and fiat. The platform will also offer reward and loyalty programs to benefit loyal users.

The Quantocoin mission is to become the bank of the future, by offering the security, stability and other options offered by traditional banks but without the delays, paperwork and high costs. Quantocoin will be integrated into the Quantopay platform in Q2, 2021.

Blockchain

Auto1 FinTech issues attractive blockchain security worth over 4 million euros with iVE.ONE

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BitMEX

The fintech company Auto1 FT is issuing digital securities with a total value of up to four million euros in an effort to accelerate digital innovations. This is the first security token offering (STO) in the German automotive sector. With this bond, Auto1 FT seeks to offer professional investors an attractive investment opportunity in this highly scalable mobility sector. As to the conditions, the fintech promises a short maturity of just one year and an attractive interest rate of 5.5 per cent, in the case of quarterly interest payments. With the blockchain-based security token approach, Auto1 FT is also achieving a very high level of security for payouts alongside low fees and fast transaction processing. “With the new tokenisation financing, we are taking another big step that is generating great interest in the market,” says Managing Director Taimur Andre Rashid.

Auto1 FT has developed a product that supports car dealers by providing flexible and rapid liquidity. The supplier finances the purchase price of vehicles until their resale to the end consumer. The entire process is mapped out in digital form. The technological basis is a web platform that brings a high degree of automation to the financing processes. Investors benefit from several risk-reducing measures that are part of Auto1 FT’s business model – including detailed dealer scoring, risk pooling and depositing the vehicles as collateral.

Numerous car dealers in several European countries have already joined the ranks of Auto1 FT’s customers. The innovative start-up is looking to gradually add further technologies and products to its complete, fully digital and secure end-to-end process of loan financing. “We’re set to become the Würth of the digital mobility industry. We’re hoping to offer our service on a worldwide basis soon,” says Rashid about his goals, adding, “With the security token offering, we provide investors the opportunity to participate in the upcoming growth of our fintech.” The market potential appears to be enormous. Rashid expects to achieve sales of 60 to 80 million euros in 2021. The scalability of the Auto1 FT systems provides a very sound foundation for this.

The issue of the digital bonds will be executed by iVE.ONE. This involves a market-leading regulated issuance and investment platform carried out by the Frankfurt-based fintech Agora Innovation. iVE.ONE permits global trading of digitised securities within the legal framework on the blockchain. Capital markets regulatory support is provided by Dr. Markus Kaulartz of CMS Law, one of the leading law firms in the field of tokenisation. Distribution will be handled by the securities trading bank Renell Bank, an experienced partner of iVE.ONE.

“We are excited about working with Auto1 FT, an innovation pioneer in the auto trading industry, to provide the digital infrastructure for the issuance of their first digital security in auto trading,” says Phong Dao, CEO and Co-Founder of Agora Innovation.

The trend towards digital assets remains strong and continues to capture more and more sectors in the financial world. “We have conducted several cryptosecurities issuances in 2020 and have noticed that the market is maturing in areas ranging from regulation to technical infrastructure. With our platform iVE.ONE, we see ourselves as leaders in this segment,” Phong Dao added.

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Akash Network’s Akash Token (AKT) is Listed on Bittrex Global

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Akash Token

Akash Network, the world’s first open-source and decentralized cloud (DeCloud), today announced Akash Token (AKT) has been listed on Bittrex Global, a top-ranked global exchange by CoinMarketCap, and is now available to buy, sell, and trade on the platform. Powering high-growth industries including blockchain and machine learning, AKT is Akash’s native utility token and is used as the primary means to govern and secure the blockchain, and provide a default mechanism to store and exchange value. Currently, AKT has ~48% APR staking rewards and ~83% bonding rate.

“After the recent launch of DeCloud, we’re continuing to support our accelerating growth and increasing global demand for access to AKT,” said Greg Osuri, CEO of Akash Network. “Listing on Bittrex Global, a top globally renowned exchange, progresses our goal of expanding access to AKT to people around the world.”

Key dates and information for the Bittrex Global listing include:

●       Deposits open: Monday, May 24th, 2021 10 AM PDT
●       Trading starts: Tuesday, May 25th, 2021 8:30 AM PDT
●       Trading pairs: BTC and USDT

Bittrex Global is the sixth listing for AKT since its Initial Exchange Offering (IEO) in October of 2020, and is also available on AscendEX (Bitmax)DigiFinexGate.io, and BitMart.

“With its extraordinary growth over the last six months, we’re excited to welcome AKT to our platform,” said Stephen Stonberg, CEO of Bittrex Global. “As the most trusted crypto exchange platform known for secure trading and digital wallet infrastructures, we’re proud to partner with Akash Network to make AKT available to our global community of traders.”

For media inquiries, please contact Kelsey Ruiz at (916) 412-8709 or kelsey(at)akash(dot)network.

About Akash Network:
Akash Network, the world’s first decentralized and open-source cloud, accelerates deployment, scale, efficiency and price performance for high-growth industries like blockchain and machine learning/AI. Known as the “Airbnb for Cloud Compute”, Akash Network provides a fast, efficient and low-cost application deployment solution. Developers leveraging Akash Network can access cloud computing at up to three times less than the cost of centralized cloud providers like Amazon Web Services, Google Cloud and Microsoft Azure. Utilizing containerization and open-source technology, Akash Network leverages 85% of underutilized cloud capacity in 8.4 million global data centers, enabling anyone to buy and sell cloud computing. For more information visit: https://akash.network/.

About Bittrex Global:
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world where customers can access exciting new products. Built on Bittrex’s cutting-edge technology, Bittrex Global provides a high-level experience for professional and novice customers alike.

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Hip-Hop Artist ILL Bill to Auction ‘Silk Road’ Music NFT on Phantasma Blockchain

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Phantasma Chain

Phantasma blockchain is launching a new auction feature on NFT marketplace GhostMarket.io and producer, label owner and hip-hop legend ILL Bill is kicking off the launch with an exclusive NFT release: ILL BILL — SILK ROAD ft. LORD GOAT. Drawing inspiration from Wu-Tang Clan’s $2 million release of Once Upon a Time in Shaolin, only one copy of this song will ever be available, making it as rare as a painting and, therefore, highly collectible. It’s a game-changer for an industry where music is normally treated as a commodity.

“What’s really exciting, revolutionary and empowering about the music NFT,” ILL Bill says, “is the ability for musicians to sell a 1-of-1 digital song the same way an art gallery would auction a painting by Basquiat (or any other artist). Creatively and financially, the possibilities are endless. The fact that only the sole owner (and whoever he chose to play it for) got to hear the album was intriguing to a huge Wu-Tang fan like myself. RZA blurred the lines between the traditional music industry and the world of high-end collectible art, and the music NFT is the digital evolution of that concept.”

As a lifelong album collector, ILL Bill is excited to be one of the very first artists to adapt to this new music format, and he plans to continue releasing NFTs regularly on GhostMarket.io. “I already have a bunch of NFTs in the works and, this year, we’re just gonna experiment and have some fun with it.”

What does the winner of the auction receive? The unlockable downloads that only the owner of the NFT can access include the full-quality WAV file of the original master recording of “Silk Road ft. Lord Goat,” as well as the full collection of front and back cover album art and digital stickers. Owning the NFT does not give the buyer the rights to the song, however, those remain with the artist and his label.

Preserving the artist’s copyright is part of the vision for the music NFT that musicians are developing independently within the Phantasma community, one which protects the rights of artists while embracing the new technology. And there are indications that interest in music NFTs is starting to reach exponential growth: today there are over 900 NFTs for sale in the music category, up several hundred in just a few days. Not bad for something that only a few months ago didn’t seem to exist except for a few proofs-of-concept.

Other artists planning to launch music NFT auctions on Ghostmarket.io include the Biscodini Trio, the first of several projects from Conan-keyboardist Scott Healy and his label Hudson City Records, as well as LA-based synth-rock group Robot Nature.

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ShapeShift Publishes Report on Cosmos, Polkadot and NEAR Decentralized Protocols

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ShapeShift

ShapeShift, an international, non-custodial cryptocurrency leader, announced the availability of a new, in-depth report titled “New Frontiers: A Deep Dive Analysis of the Cosmos, Polkadot, and Near Protocols.” The analysis reviews three emerging “smart contract blockchains” (or, blockchains that can run a wide variety of decentralized applications).

While blockchains like Bitcoin and Ethereum have grown in mindshare, adoption and sophistication, lesser-known blockchains are proliferating. This series will provide blockchain, cryptocurrency and Web 3.0 development enthusiasts with an in-depth review of the opportunity and state of evolution of the three emerging platforms. The report is the first of a series called “New Frontiers”; subsequent reports issued later this year will review additional smart contract blockchains and explore related topics.

“New Frontiers: A Deep Dive Analysis of the Cosmos, Polkadot, and Near Protocols” provides readers with an assessment of each protocol’s:

  • Architecture (high-level review)
  • Interoperability
  • Governance
  • Ecosystem
  • Token Distribution

“The world of smart contract platforms is buzzing with new entrants—all of which strive to offer the properties of being trust-minimized, censorship-resistant, immutable, permissionless and transparent. These are the qualities that have propelled Ethereum to success,” said Kent Barton, head of Research and Development at ShapeShift and author of the series. “Enthusiasts may want to get involved with these newer blockchains early; but it’s difficult to know which new projects have a strong foundation before they have earned a critical mass of developers, users and projects. This series of reports, while not investment advice, will offer analysis and one view of their potential.”

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SOS Kicks off Constructions of Cloud Crypto Mining Center in Hejiang County, Luzhou, Sichuan

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aviation

SOS Limited (NYSE: SOS) (the “Company” or “SOS”) announced today that it entered into a definitive agreement with Leibodong Hydropower Station(“Leibodong”) in Hejiang County, Luzhou, Sichuan. Pursuant to the definitive agreement, Leibodong will supply SOS with electricity and physical space to house crypto mining rigs for a term of three years in order for SOS to operate its own cloud crypto mining and big data center.

Pursuant to the definitive agreement, Leibodong shall lease SOS with its own physical site or sublease physical site which are expected to be approximately 1350 square meters (approximately 14531.28 square foot) for SOS to house about 3500 sets of crypto mining rigs. The rent is about RMB 3.50 (approximately $0.5422) per square meter per month.

SOS Chairman Yandai Wang commented, “We are glad to enter into the definitive agreement with with Leibodong after three weeks’ of negotiation since we entered the framework agreement on February 3, 2021. I am very pleased with the deal. The sustainable and cost-effective crypto mining supply chain is one of key success factors for cloud crypto mining. The Leibodong Cloud Crypto Mining Center based in Hejiang County, Luzhou, Sichuan sets an example and standard on how SOS will continue to secure cheap electricity in regions with rich renewable energy resources, such as Sichuan China. We will continue to search for cheap and sustainable power plant to execute our aspiring strategy of cloud crypto.

About SOS Limited

SOS is an emerging blockchain-based and big data-driven marketing and solution provider, with a nationwide membership base of approximately 20 million in China. Recently, SOS started to get ready to roll out its cryptocurrency mining business and plans to develop insurance and security management solutions for digital assets and cryptocurrencies. The core infrastructure of SOS’ marketing data, technology and solutions to insurance and emergency rescue services is built on big date, blockchain-based technology, cloud computing, AI, satellite, and 5G network, etc. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. (“SOS”) is a high-technology company providing a wide range of services to its corporate and individual members, including marketing data, technology and solutions for emergency rescue services. SOS transforms digital technology into data-driven operations through the research and development of big data, cloud computing, Internet of Things, blockchain and artificial intelligence. We have created a SOS cloud emergency rescue service software as a service (SaaS) platform with three major product categories, including basic cloud (medical rescue card, car rescue card, financial rescue card, mutual assistance rescue card), cooperative cloud (information rescue center, intelligent big data, intelligent software and hardware), and information cloud (News Today, E-Commerce Today). This system provide marketing-related data, technology solutions, and technology-driven big data to clients such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers and other service providers in the emergency rescue services industry. For more information, please visit: http://www.sosyun.com/

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties;, SOS’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities market acceptance of our products; the ultimate impact of the current Coronavirus pandemic, or any other health epidemic, on our business, our research programs, healthcare systems or the global economy as a whole; our intellectual property; our reliance on third party organizations; our anticipated financial and operating results, including anticipated sources of revenues; our assumptions regarding the size of the available market, benefits of our product offering, product pricing, timing of product launches; management’s expectation with respect to future acquisitions; statements regarding our goals, intentions, plans and expectations, including the introduction of new products and markets; and our cash needs and financing plans and etc. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. SOS may not realize its expectations, and its beliefs may not prove correct. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Additional information concerning these and other factors that may impact our expectations and projections can be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2019. SOS’s SEC filings are available publicly on the SEC’s website at www.sec.gov. SOS disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

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Blockchain

Integrated Ventures Receives $375,000 Equity Investment And Another Shipment Of WhatsMiners

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Integrated Ventures, Inc is pleased to disclose that BHP Capital NY, Inc has completed its second funding round, as part of $3,000,000 Equity Investment, in the amount of $375,000, by purchasing 375 Preferred Class C Shares. Steve Rubakh, CEO of Integrated Ventures, adds the following:

“On 01/28/2021, the Company has issued 8K with details, regarding $3,000,000 Equity Investment by BP Capital NY, Inc. As of 02/05/2021, the total amount funded under this agreement is $1,125,000 million.

“The Company is pleased to confirm the latest shipment of WhatsMiners has arrived and being installed in our NY location. It must be noted, that due to (1) Chinese New Year, (2) low availability of mining equipment for sale and (3) high demand, INTV is committed to executing smart purchases and will only commit to the value priced deals. Thus, on 02/07/21, the Company purchased 26 WhatsMiners, priced at $55,450 (shipping and customs included).

“During the next weeks, INTV plans to announce more details on (1) mining equipment purchases from Canaan (BTC) and PandaMiner (ETH) and on (2) expanded deal with PetaWatt Holdings, including information on purchases of “MiniPods”: 20 ft mobile, 300kw, turn-key and fully build out with smart PDUS, modular mining containers, to be installed at Carthage, NY.”

About: Integrated Ventures, Inc is Technology Portfolio Holdings Company with focus on Hosting, Development Of Blockchain Applications and Cryptocurrency Mining.

For more details, please visit the Company’s website: www.integratedventuresinc.com.

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Kaizen Finance Launches Staking to Foster the Widespread Adoption of DeFi

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DeFi

Kaizen Finance, a decentralized finance platform with cross-blockchain interoperable protocol, announces the launch of Kaizen staking.

Kaizen staking is based on Kaizen protocol, a new generation DeFi protocol, which addresses major impediments to accessing DeFi services such as impermanent loss, hidden fees and high transaction costs which prevent DeFi from being inclusive of millions of users.

To promote DeFi adoption, Kaizen Finance currently offers up to 80% APY for major stablecoins like USDT, BUSD, USDC and DAI with a minimal lockup period of 6 months within its staking service. Kaizen Finance does not charge users any fees for staking their income.

Kaizen protocol is an automated liquidity protocol, which provides three main advantages:

  • Low commissions
  • Utilization of Oracle-Governed pools
  • Easy-to-use tools for broader usage

Kaizen protocol in combination with intuitive design of the platform, allows users to easily navigate DeFi services and enables the platform to provide users opportunities to earn some of the highest guaranteed returns on the market for holding stablecoin assets. Precise price oracle system, which takes into account the external market feeds is another distinctive feature that sets Kaizen Finance apart from conventional DeFi platforms.

Kaizen staking operates on the basis of stablecoin to provide asset security. The value of stablecoins is pegged to USD, providing minimal risks of volatility and reducing risks of losing asset value. Kaizen staking leverages the full security potential of decentralized finance, therefore the rewards are generated and transferred automatically and no entity can meddle with them.

Kaizen Finance launched the Kaizen swapping service earlier this year introducing the ability to swap USDT and ETH for tokens of pioneering products and services.

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Gebo Group LLC and Crypto.com Announce Expanded Relationship

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Crypto

Gebo Group LLC and Crypto.com are pleased to announce that they have entered into an agreement to expand their existing relationship. Gebo will continue to support Crypto.com exchange by providing even more expanded market making services. Gebo will now make markets on Crypto.com in even more tokens and asset pairs. Gebo Group has recently launched it’s defi network launch facility, Starport (starport.io) and has announced it’s launch of the Immersive Network  – an extended reality real-world entertainment destination whose financial operations are recorded on an oracle enabled blockchain.

“We have been extremely happy with our relationship with Crypto.com to date,” said Gebo co-founder James Wines. “It’s a sophisticated and fair exchange that has made many technological and efficiency advancements in the industry that we have been excited to be a part of. We look forward to even more exciting opportunities to come.”

This announcement coincides with the recent transition of trading legend Ron Pasternak from Strategic Consultant to active Head of Gebo’s market making desk.

“Gebo is doing it right. They have the technology, the expertise and imagination to be the premier liquidity provider in the crypto space.” said Mr. Pasternak.

About Crypto.com
Founded in 2016, Crypto.com today serves over 10 million customers with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, curated carefully from the worlds of art, design, entertainment, sports. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.Crypto.com is headquartered in Hong Kong with a 1,000+ strong team. Find out more by visiting https://crypto.com.

About Gebo Group
Gebo Group, LLC is a US FinCEN registered Money Service Business providing deep institutional liquidity on a principal-to-principal basis. Gebo Group offers sophisticated financial products and payment solutions using state of the art compliance and enterprise grade technology.

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LCX Joins Celo Foundation as an Alliance Member

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LCX

LCX is thrilled to be the newest Alliance Member of the Celo Foundation. LCX will be working alongside leading technology providers, nonprofits, mobile wallets, payment processors, and global investment firms in creating an easily accessible, mobile-friendly ecosystem of financial tools on the Celo open blockchain platform. Since its launch in March 2020, the Celo Foundation has been tirelessly working towards empowering anyone who owns a smartphone to effortlessly access digital assets. The goal is to create an ecosystem that fosters a fairer and more inclusive financial system. LCX strongly aligns with the Celo Foundation on our mission to bridge the gap between traditional and decentralized finance with our new-age, fully compliant products and regulated services.

Celo is an open blockchain platform that makes financial tools accessible to anyone with a mobile phone. The platform enables anyone to create an ecosystem of powerful mobile applications, ranging from easier cash transfer programs to peer-to-peer lending, international remittances to digital assets and wallets. Celo’s digital currency — the Celo Dollar stablecoin — provides people all over the world with a stable, secure, inexpensive, and easy way to move money and engage in financial activities that were previously inaccessible to them.

Chuck Kimble, Partner at cLabs and Head of the Alliance for Prosperity, says, “We are excited to welcome LCX on board as our newest member. It’ll be another significant step towards growing our Alliance, which has grown to more than 135 Members. LCX.com is a key player in Europe and will help us help us on our path to create prosperity.”

“Financial inclusion is vital to sustaining a healthy economy and thriving democracy, and we are proud to be collaborating with one of the leading organizations on the front lines of this effort,” said Monty Metzger, LCX’s CEO. “We’ve been impressed by the important work being done by the Celo Foundation, empowering anyone with a mobile phone to access digital assets and blockchain powered financial services.”

About the Alliance for Prosperity
The Alliance for Prosperity is an ecosystem of organizations brought together by a common vision of fostering social impact and financial inclusion by leveraging the disruptive blockchain technology. These include nonprofits, merchants, and payment processors. The Alliance provides infrastructure and educational support to the mobile-first open blockchain platform. This will enable an increasing number of people to use digital currencies — in particular, the Celo Dollar stablecoin — in the areas that need it the most. The contributions made by each individual member will enable easy movement of digital currencies across the globe and create financial tools with use cases including emittances, humanitarian aid, payments, and microlending that’ll be accessible by all on the Celo platforms.

About LCX.com
LCX.com – Innovating Capital Markets. Solutions for compliant digital assets and security tokens. LCX is a secure and compliant platform for buying, selling, transferring, and storing digital currencies. LCX is pioneering a blockchain infrastructure bridging the gap between traditional monetary systems and the fast-moving trusted technology landscape. LCX was founded in 2018 with headquarters in Vaduz (Liechtenstein) and branches in Crypto-Valley Zug (Switzerland) and New Delhi (India).

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Circle Launches Comprehensive NFT Platform & Marketplace Payments Solution

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citynetwork

Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, today announced a comprehensive payments solution for non-fungible token (NFT) marketplaces and storefronts that enables them to accept credit card and crypto payments alike in order to attract more mainstream audience adoption. Circle today also unveiled forthcoming features that will be made available over the coming months, including support USDC, BTC and ETH payments, NFT custodial services, and yield-generating Circle accounts for NFT market operators.

NFT marketplaces have surged in popularity over the past 12 months, but broad-based mainstream adoption is lagging due to the complexity of payment transactions, which usually require the use of cryptocurrencies. Circle’s NFT solution simplifies buying and selling by enabling platforms to accept credit card payments alongside crypto, all with a seamless user experience. This makes NFT transactions easier by encouraging greater engagement, platform expansion and support for creators worldwide through the marriage of traditional payment rails and leading digital dollar stablecoin USD Coin (USDC).

NFTs have seen a meteoric rise in recent months – as platforms like NBA Top Shot skyrocket in popularity (Top Shot has seen a 400% increase in sales over the past 30 days) and digital art becomes mainstream (iconic auction house Christie’s recently offered the first purely digital artwork with the auction of Beeple’s Everydays for $69M). In February 2021 alone, sales volume across major NFT marketplaces grew nearly 800%, to more than $200M.

“This is not only an important and valuable trend for marketplaces and creators, it represents incredible demand from customers – for collectibles, artwork, moments, and really anything that can be tokenized on the blockchain,” said Jeremy Allaire, Circle Co-founder and CEO. “Circle looks forward to supporting the industry – creators, platforms, marketplaces, storefronts and customers – with our solution for enabling a user-friendly, mainstream payments experience with the power of crypto connectivity and USDC.”

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