Dune Analytics (“Dune” or “the Company”), a community-first web3 analytics platform, today announced it has raised $69,420,000 in a Series B round led by Coatue, with additional participation from existing investors including Multicoin Capital and Dragonfly Capital. This latest round values the Company at $1 billion, following its $8M Series A which was conducted in August 2021.
Dune makes on-chain crypto data accessible and consumable through its community-powered platform. The Company provides state-of-the-art tools that allow data to be extracted, queried, dissected, and visualized in the form of real-time dashboards. Dune will leverage the funds to create an infrastructure that distributes financial rewards for user-generated content, attracting and incentivizing engagement from up to one million new web3 analysts, known as Dune Wizards, within the community. Dune Wizards will not only be able to create customized visualizations that communicate real-time on-chain intelligence, they will also receive financial compensation for their ongoing engagement and contributions.
Dune Analytics Co-founder and CEO, Fredrik Haga, commented, “Despite being radically open, web3 data remains largely underutilized. At Dune, we want to make this intelligence readily accessible and reward the analysts working to turn this data into digestible, real-time actionable insights. In legacy finance, only insiders get access to valuable data. Dune supports the next generation of analysts who will neither wear suits nor work for investment banks. Instead, these pioneers will have quirky animals as profile pictures and collaborate openly across the world. Being a Dune Wizard will be both more fun and profitable than being a Wall Street analyst.”
Adoption of real-time analytics, dashboard visuals, and automated reporting is thriving throughout legacy finance, having generated ~$14 billion in revenue in 2021. In the crypto community, however, usage is still nascent.
Blockchains are a globally shared public backend where thousands of apps and millions of transactions and apps create vast amounts of data every day. This open data represents an opportunity that is many times bigger than any data analytics business or product the world has seen to date. There are a ton of insights in crypto data, but without skilled and incentivized analysts coupled with great data tooling, those insights will remain hidden beneath the surface.
Dune Analytics is advancing data literacy across the crypto marketplace, opening up access to insights that are otherwise only made public on a quarterly basis in legacy finance.
The Company’s platform currently supports data queries for five blockchains: Ethereum, Polygon, Optimism, Binance Smart Chain and xDAI, with plans to incorporate all Layer-1 and Layer-2 smart contract platforms.
“Ever-increasing amounts of capital flows through the crypto ecosystem, in turn producing extremely valuable data. The Dune community is extracting knowledge from this data at scale. Dune will provide the necessary tools so that users of all skill levels will be able to conduct more thoughtful, impactful analysis and gain deeper insight into the ever-evolving world of web3,” noted Dune Analytics Co-founder and CTO, Mats Olsen. “We’ve got an exciting roadmap ahead to continuously improve our community-first platform. We hope to enable a 100x performance increase this year, and in time, our application will support more collaborative features for teams, APIs and support for every major crypto network.”
Funds from the raise will be used to educate, reward, and foster a new generation of analysts, who will be empowered with real-time, actionable insights into web3 data. To date, more than 10,000 analysts have created 100,000 pieces of analysis on Dune that cover a wide range of metrics, enabling users to take full advantage of previously inaccessible data. Utilizing the platform’s inherent flexibility; users can create industry-specific analyses with live insights, such as OpenSea NFT trading volume, and customizing dashboards with comprehensive financial reporting (i.e. balance sheets and P&L statements).
Coatue: “As investors, we make extensive use of data in our decision-making process. Dune – powered by its community of analysts – furthers and enables crypto’s promise of making professional-grade data and analysis open and accessible to all. We are thrilled to be partnering for the next phase of the journey.” – Kris Fredrickson, Managing Partner at Coatue
Dragonfly Capital: “Open, auditable data is one of the key components that makes web3 different from web2. Dune continues to be the first place people go to get data on the hottest new projects in web3 and go deeper on existing ones. We’re avid Dune users and we’re excited to keep supporting the team as they build the future of transparent, community-driven data analysis.” – Tom Schmidt, Partner at Dragonfly
Multicoin Capital: “The vast majority of blockchain data is either on chain, held behind a subscription, or forced through a specific lens. Dune is the only analytics company that provides open, unfettered access to blockchain data in a composable, remixable way. The future of finance will be open, real time and community driven. Dune Analytics understands this at a fundamental level and as a result has become an integral part of the fabric of web3 communities.” – Kyle Samani, Managing Partner at Multicoin Capital
About Dune Analytics
Dune Analytics is a community-first web3 analytics platform founded in Oslo, Norway. Its mission is to make crypto data accessible. The open crypto analytics platform enables anyone to query, share, fork, remix and collaborate on data charts and dashboards. Dashboards can include metrics like DEX trading volumes, DAO financial statements, NFT trades and more.
Standard Chartered-Backed Zodia Markets Receives FCA Crypto Registration, Launches Institutional Exchange and Brokerage in UK and EU
Zodia Markets, a UK-based cryptoasset exchange and brokerage for institutional clients backed by Standard Chartered, today announced that it has received cryptoasset registration from the UK Financial Conduct Authority (FCA) and officially launched its institutional crypto exchange and brokerage business.
Zodia Markets’ registration marks the first time a crypto trading business backed by a leading international bank has been listed by the FCA on the UK’s Financial Services Register.
Zodia Markets CEO, Usman Ahmad said: “Whilst the digital asset markets have recently seen volatility and downward pressure, adoption continues unabated, with institutions entering the market at rapid pace. At Zodia Markets, our mission is to be the most trusted trading partner for institutional participants as they navigate this rapidly evolving asset class.”
“With our hugely experienced team of professionals from both digital asset and traditional finance backgrounds, and by providing the highest standards of security, risk and compliance integrated from inception, we meet the demands of institutions seeking a credible and reliable trading partner for cryptoassets. The FCA registration is a testament to our commitment to the highest standards of compliance.”
Zodia Markets was established in June 2021 as a partnership between SC Ventures, the innovation, fintech investment and ventures arm of Standard Chartered, and BC Technology Group (stock code: 863 HK), Asia’s leading digital asset company and parent of Hong Kong Securities and Futures Commission (SFC)-licensed digital-asset platform, OSL.
Head of SC Ventures, Alex Manson said: “Combining OSL’s deep expertise in operating regulatory compliant digital asset businesses and cutting-edge technology, with the bank’s governance, regulatory oversight, and frontier markets experience, Zodia Markets is in prime position to provide secure, reliable and compliant access to digital assets for its institutional client base.”
Zodia Markets’ exchange platform allows clients to connect to a high-throughput, low-latency matching engine through FIX API connectivity, leveraging the same standards as electronic trading for traditional equities, FX or fixed income.
Zodia Markets’ brokerage provides a bespoke institutional-level service through its deep bench of experienced traders, operations staff and through its industry-leading products, including the electronic intelligent request for quote (iRFQ) capability.
Zodia Markets partners with high-quality third-party custodians, including Standard Chartered-backed Zodia Custody, to support its trading activities, providing clearly segregated responsibilities.
Zodia Markets is an institutional grade trading venue and brokerage that enables expert navigation of digital asset markets. It is a partnership between SC Ventures, the innovation and ventures unit of Standard Chartered, and BC Technology Group (stock code: 863 HK), Asia’s leading digital asset company and parent of Hong Kong Securities and Futures Commission (SFC)-licensed digital-asset platform OSL.
Zodia Markets offers execution appropriate for institutional clients including broker-aided facilitation to execute large orders and a high throughput, low-latency trading venue. The company enables access to the major digital asset and fiat pairs while ensuring compliance and security.
Standard Chartered is a leading international banking group, with a presence in 59 of the world’s most dynamic markets and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.
For more stories and expert opinions please visit Insights at sc.com.
BC Technology Group and OSL
BC Technology Group (stock code: HK 863) is Asia’s leading public fintech and digital asset company. It is the parent company of OSL, the region’s most comprehensive licensed digital asset platform.
OSL is the world’s first and only insured and SFC-licensed digital asset platform, providing brokerage, custody, exchange and SaaS services for institutional clients and professional investors. The company offers OTC, iRFQ and electronic trading services giving traders access to the world’s deepest liquidity pools, as well as secure and insured wallets to ensure the safekeeping of digital assets with timely transaction settlement.
BC Group and the OSL platform are enabling institutional adoption of the digital asset class, setting standards for performance, security and compliance.
For more information: bc.group and osl.com.
Globant, YouGov Survey Reveals Metaverse Sentiment Among Gamers
Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, revealed today its Metaverse Awareness Survey, conducted by YouGov, which reveals U.S. gamers’ thoughts, attitudes, and opinions on the metaverse. Conducted in May 2022, the survey includes responses from 1,000 adult PC, console, and/or mobile gamers in the United States.
“Through this survey, we see that although the development of the metaverse is still in its early stages, U.S. gamers already see the technology as capable of expanding the realm of possibility in gaming,” said Nicolas Avila, Chief Technology Officer for North America at Globant. “As knowledge of the metaverse and what it’s capable of becomes more common, we’re looking forward to seeing this sentiment spread to more people across industries.”
According to the survey, 35% of respondents said they were comfortable with advertising in a metaverse space, while 25% said they were undecided, and 40% were uncomfortable. When surveyed specifically about tracking of eye- and- head movements, nearly half (46%) of respondents reported they would feel uncomfortable with these measurements.
- Does “free” make a difference? Maybe. Of those surveyed, just under half (44%) would accept advertising in the metaverse if it provides free access to apps, games, or places.
Play-to-Earn Surprisingly Resilient
The Metaverse Awareness Survey detailed other findings that will be of interest to companies considering play-and-earn models for metaverse games. According to the survey, about half of gamers are more interested in “playing” than “earning” within metaverse games, but a significant number of gamers see value in mixing playing and earning together. The numbers break down as follows:
- 49% are more interested in playing
- Only 11% are more interested in earning
- Nearly 40% would like some mix of both playing and earning within metaverse games
Metaverse Change Afoot in the Video Game Industry
According to the survey, just over half (52%) of gamers believe the metaverse will change the video game industry and a plurality (41%) think that the metaverse will have a positive impact on the industry (vs. 25% who disagree). In fact, 40% say the buzz around metaverse gaming is warranted, though nearly one-third (30%) were undecided on that subject.
It could be a matter of familiarity. While a majority of gamers (60%) are confident in defining the metaverse, familiarity and interaction with the space still needs to mature among this population – just 39% think the gaming metaverse will mature in less than five years, though nearly the same number, 38%, believe it will take longer.
Who are the top five companies associated with the metaverse? Meta (73%), Epic Games / Fortnite (27%), Roblox (21%), The Sandbox (15%), and Niantic (10%).
Who has purchased NFTs? The vast majority (81%) of respondents have not purchased NFTs, with just 16% saying they have done so.
Who is interested in purchasing, trading, or earning cryptocurrencies within the metaverse? Slightly more than one-third (34%) of respondents expressed interest in completing cryptocurrency transactions while nearly half (45%) were not interested, leaving 20% undecided. Men (41%) and 18-44-year-olds (37%-47%) expressed higher levels of interest in these transactions.
About the Metaverse Awareness Survey
As originally envisioned in Neal Stephenson’s novel Snow Crash, the metaverse combines virtual spaces with socialization and transactions, including experiences in the form of video games. Sponsored by Globant and conducted by YouGov, the survey canvassed 1,000 U.S. adults – aged 18 or older – who played more than three hours of video games per week on PC, console, and/or mobile platforms. Mobile-only gamers were screened out of the survey, and data was weighted to be representative of the U.S. non-mobile-only gaming population.
We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design, and engineering meet scale.
- We have more than 24,500 employees, and we are present in 19 countries working for companies like Google, Electronic Arts, and Santander, among others.
- We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
- We were also featured as a business case study at Harvard, MIT, and Stanford.
- We are a member of the Green Software Foundation (GSF) and the Cybersecurity Tech Accord.
New crypto options and futures exchange Thalex closes Series A funding round
Thalex, a trading platform offering stablecoin-settled crypto options and futures, announced it had closed its Series A funding round of 7.5 million euros ($7.64 million). Among the participants are Bitfinex, Bitstamp, Flow Traders, i Money Crypto, QCP Capital and Wintermute. These strategic investors will support the company’s ambition to enable the on-exchange trading of crypto derivatives at scale by removing friction, ensuring platform reliability and partnering with liquidity providers and major exchanges.
Key features of the Thalex trading platform include:
- Linear Bitcoin (BTC) and Ether (ETH) contracts with multi-collateral support for BTC, ETH, Tether (USDT) and USD Coin (USDC)
- Trading fees are anchored on one-basis-point maker-and-taker fees and fee advantages for multi-leg options and futures strategies with requests for quotes (RFQs).
- Future rolls with dedicated order books
- RFQs for multi-leg options and futures strategies, in any size
- A market-maker scheme with competitive fee levels, market-maker protection and excellent connectivity to foster healthy competition among liquidity providers on a level playing field
- Portfolio-based margins offering capital efficiency for delta and vega offsetting positions and adequate requirements for wing risks.
- An efficient liquidation process involving automated delta-hedging to limit the market impact and liquidation auctions to enable an orderly reduction of complex risks
Thalex is partnering with Bitfinex and Bitstamp to enable their customers to access the full suite of Thalex derivatives from their own user interface. Positions on Thalex can be opened with collateral held with the partner exchange after an instant and free transfer to a dedicated Thalex margin account. The Bitfinex partnership is expected to be operational later this year.
Paolo Ardoino, chief technology officer of Bitfinex, said, “We are delighted to participate in this funding round with Thalex and see huge potential for the stablecoin-settled futures and options market.”
Jean-Baptiste Graftieaux, CEO of Bitstamp, said, “Thalex’s unique value proposition will enable Bitstamp to streamline our go-to market for derivatives and participate in the fast-growing crypto derivatives market. This investment marks the beginning of a close strategic partnership and plays an important role in Bitstamp’s corporate strategy.”
Michael Lie, head of digital assets trading for Europe, the Middle East and Africa at Flow Traders, said, “Flow Traders is excited to support Thalex via our dedicated corporate venture capital unit, Flow Traders Capital. Thalex’s ambition of creating a scalable infrastructure that enables on-exchange trading in crypto derivatives is another step forward in making trading digital assets more accessible and efficient. We are looking forward to working with Thalex and building a long-term strategic partnership.”
Darius Sit, founder of QCP Capital, said, “Crypto options are one of the fastest-growing segments of the space and have proven to be robust through multiple market cycles. We believe the next phase of growth will be exponential. The Thalex team has built a platform combining the best practices from both crypto and traditional finance. We look forward to supporting Thalex in its efforts to expand the fast-growing crypto-options ecosystem.”
Thalex is a crypto-native derivatives exchange founded by a multi-faceted team of experts in traditional brokerage, crypto and market-making. The trading platform is now available for public testing at thalex.com and will go live soon. Thalex is in the process of being authorized as a regulated distributed ledger technology provider by the Gibraltar Financial Services Commission.
To learn more about Thalex, please visit thalex.com.
Binance Celebrates 5th Anniversary with Zero Bitcoin Trading Fees
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, is celebrating its 5th anniversary by eliminating trading fees on a wide range of bitcoin spot trading pairs. While Binance has long maintained one of the lowest spot trading fees in the industry, it is establishing itself as the global leader in pricing with this latest move.
From July 8, users will be able to enjoy fee-free trading on thirteen stablecoin and fiat combinations including BTC/USDT, BTC/BUSD, BTC/USDC, BTC/EUR, BTC/TRY, and more. The new trading fees will be in effect until further notice, allowing Binance users globally to enjoy the fee-free feeling beyond the two weeks of anniversary celebrations.
Binance Founder and CEO “CZ” (Changpeng Zhao) said: “In line with our user-first philosophy, Binance has always strived to provide the most competitive fees in the industry. At its core, Binance is an inclusive platform with accessibility in mind. Eliminating the trading fees on selected BTC spot trading pairs is another move towards that direction.”
“Within the span of five years, Binance has amassed an amazing community that believes in us and supports our vision. Our growth and achievements would not have been possible without them. We hope to give back to the community by providing them with the world’s best products and services,” added CZ.
Binance launched in July 2017 as a crypto-to-crypto exchange and within six months, became the world’s largest crypto exchange. Today, Binance is a global blockchain ecosystem spanning across trading services, infrastructure solutions, educational resources, research, social good and charitable programs, investment and incubation initiatives, and more. By providing access to broad financial tools while maintaining one of the lowest fees in the business, Binance is making crypto accessible to everyone.
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com.
Manchester City Digital Collectibles Capture Thrilling Premier League Finish, Driving A Surge in Sales
June 23rd, New York: In May, Quidd and Manchester City collaborated to release the first-ever interactive, 3D digital collectibles, featuring key moments and players from the club’s title-winning Premier League season. Quidd offers brands a seamless platform to launch digital collectibles and NFTs, and Manchester City chose to launch on Quidd as a digital collection to give access to their entire fanbase. Collectors and club supporters responded positively to the release, selling out sets in minutes, and driving certain collectibles to trade for over $1,500 in Quidd’s aftermarket.
Fueling the excitement was the dramatic finish to the Premier League season on Sunday, May 22nd. With less than 15 minutes to go in Manchester City’s final match, the club was down 0 – 2 as all signs pointed to a rival club taking home the Premier League trophy. However, Manchester City scored an unheard of three goals in under six minutes to win the match and secure their 6th Premier League title.
Quidd, in collaboration with Manchester City, capitalized on this dramatic victory in real-time, releasing a series of 3 ultra-rare hidden digital collectibles, called “shinies”, commemorating the three goals scored in the final match. These items, featuring two goals by Ilkay Gundogan and one goal by Rodrigo, have been instant collector’s items, propelling the Manchester City collection to dominate the Quidd market, outpacing sales from Disney and the NBA.
“Beyond how incredible these collections were, to begin with, it was thrilling to be able to reward Man City fans and collectors with unique cards that reflected the epic things happening in real-time,” said Sam Barberie, VP of Content at Quidd.
“Right after that incredible Premier League finale, fans got access to items that celebrated the moment. Exclusively with digital collectibles can fans get something that reflects, specifically, the goals that clinched the win or the lift of the Premier League trophy.”
And it’s not over yet. The excitement around 3D digital collectibles that celebrate key players and moments doesn’t end with items commemorating the Trophy Lift or the incredible goals that secured the title. In July, Quidd will release exciting new digital collectibles highlighting the recent signing of Erland Haaland, so stay tuned.
About Manchester City Football Club
Manchester City FC is an English Premier League club initially founded in 1880 as St Mark’s West Gorton. It officially became Manchester City FC in 1894 and has since then gone on to win the European Cup Winners’ Cup, six League Championship titles, including four Premier League titles (2012, 2014, 2018, 2019), and six FA Cups. Manchester City FC is one of ten clubs comprising the City Football Group and counts New York City FC and Melbourne City FC among its sister clubs.
Under manager Pep Guardiola, one of the most highly decorated managers in world football, the Club plays its domestic and UEFA Champions League home fixtures at the Etihad Stadium, a spectacular 55,000-seat arena that City has called home since 2003. Today, the Stadium sits on the wider Etihad Campus, which also encompasses the City Football Academy, a state-of-the-art performance training and youth development facility located in the heart of East Manchester. Featuring a 7,000 capacity Academy Stadium, the City Football Academy is also where Manchester City Women’s Football Club and the Elite Development Squad train on a daily basis and play their competitive home games
Quidd, a subsidiary of Animoca Brands, is the original digital collectibles and NFT marketplace. For over five years, Quidd has worked with the world’s most prominent brands including Disney, HBO, Funko, and over 300 others in bringing fan-first collecting to digital and blockchain platforms. The Quidd marketplace is the most innovative, robust, and accessible platform for digital and NFT collecting experiences. Visit https://market.onquidd.com and find the apps here.
Media Contact: Arooba Niazi: [email protected]
Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures
Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain.
Klein Finance is an efficient decentralized trading platform for digital assets built on KCC (Kucoin Community Chain), which aims to enable digital assets to be traded and staked for rewards in a secure and stable on-chain environment with low slippage, good depth, and low fees.
1. Klein Finance’s mixed liquidity pool, which provides a cross-market mechanism for creating stablecoins, uses a license-free trading block at the bottom that can accommodate multiple stablecoins to non-stablecoins and multiple non-stablecoins to multiple non-stablecoins.
2. Trading mining and liquidity mining will be rewarded to traders, liquidity providers and partners according to certain reward rules, working together to achieve the goal of profitable agreements.
3. Klein Finance provides a cross-market mechanism for creating stablecoins, and the underlying uses a license-free trading block that can accommodate a wide range of exchange needs.
4. The dynamic pegging approach using AMM creates liquidity for assets that are not necessarily pegged to each other in a way that is more efficient than the invariance of (m-n=λ). This creates liquidity that is 5 to10 times higher than other traditional decentralized exchange invariants, while also generating higher profits for the liquidity provider.
It is understood that Klein Finance project technology development has been largely completed and the new funds will be used for project promotion and expansion of the team size, subsequent opening of the technology and expansion of its structured products. It is reported that Klein Finance’s financing plan will continue.
Metaverse Company RFOX Opens Regional Office in Dubai
RFOX, a leading metaverse startup, has selected Dubai as its regional office. The company plans to use Dubai as a hub for its expansion plans.
16 Mar 2022 – Dubai, United Arab Emirates: RFOX, a fast-growing metaverse company building the future of the Internet, has announced it has established a new regional office in Dubai. The company is currently domiciled in Southeast Asia and has carved out a reputation as one of the hottest blockchain companies.
What makes RFOX unique is the RFOX VALT metaverse, a virtual world that the company is building in virtual reality (VR), and its integration with the multiple other businesses the company has already built to create a vibrant ecosystem. The RFOX VALT is focused on shopping, retail, and entertainment experiences, offering users the ability to have new and immersive experiences with their favourite brands and celebrities in VR.
RFOX established a roadmap to build a metaverse two years ago. The Company’s plans accelerated once Facebook announced it was pivoting to become a metaverse-focused company called Meta. Fortunately for RFOX, its plans to build a metaverse were fairly advanced. RFOX is one of the few companies that have specifically targeted both retail and entertainment sectors for its metaverse focus. Analysts Emergen Research have identified both sectors to dominate the metaverse market, estimated at USD 1.6 trillion by 2030.
Co-founder and CEO, Ben Fairbank praised the Dubai government, especially its ruler Sheikh Mohammed Bin Rashid Al Maktoum, for the foresight and vision for virtual assets and the crypto industry. “We looked at multiple jurisdictions, and after careful review, we decided that Dubai was making great progress in giving users confidence in virtual assets. Dubai’s adoption of the Virtual Asset Regulation Law, the first law governing virtual assets, and the establishment of a regulator to oversee the sector will help facilitate the mainstream adoption of virtual assets. We also looked at the ecosystem in Dubai and found we were in good company with organisations such as Binance and Meta also taking up strategic positions in Dubai. We are optimistic about our future in the region”, said Ben Fairbank, CEO of RFOX.
RFOX is a metaverse company with a mission to be the global leader in immersive metaverse experiences focused on retail, media, gaming, and rewards, through the RFOX VALT metaverse. Since 2018, the company has built the RFOX ecosystem of products and solutions that include online games (RFOX Games), white-label NFT platform (RFOX NFTs), DeFi products (RFOX Finance), digital media platforms (RFOX Media and RFOX TV), and more. Its main token is RFOX, the digital asset that fuels the RFOX metaverse ecosystem and its immersive technology.
Bobcat Miner Launches Helium 5G Gateway to Mine HNT
California (March 15th, 2022) – Bobcat Miner, the leading manufacturer of Helium compatible hotspots, announced today that it will launch the Bobber 500 in April of 2022. The Bobber 500 will mine HNT cryptocurrency by providing both cellular and LoRaWAN wireless coverage. Partnered with FreedomFi and built using their firmware, the Bobber 500 will be plug-and-play compatible with all CBRS small cells that have been certified for the Helium Network.
Named after the over 400,000 people community of self-proclaimed “bobbers”, the Bobber 500 boasts an industrial-grade design with award-winning product durability and increased lifetime. Featuring 64GB storage and 4GB RAM, the Bobber 500 runs on the Intel 10nm Atom embedded CPU released in 2021.
“We’ve worked closely with FreedomFi engineering and security teams to ensure that Bobber 500 meets all quality and security standards required by the Helium data offload partners,” said Yiming Wang, Co-founder of Bobcat Miner. “Bobber 500 uses Trusted Platform Module technology to provide hardware-based encryption of all data on the system to ensure maximum capability.”
“We’re thrilled to see companies in the ecosystem such as Bobcat and FreedomFi work together to enable anyone and everyone to have access to decentralized wireless connectivity. This is just the beginning for Helium 5G,” said Frank Mong, the COO at Helium.
“We may have jump-started the crowd-sourced cellular concept by launching our own gateway and radio, but our ultimate goal is to enable other hardware manufacturers and small cell vendors to adopt open-source software powering decentralized wireless architecture,” said Joey Padden, CTO, and Co-founder at FreedomFi.
“Crowd-sourced cellular will be as disruptive to telecom as the Internet was to computing and we want to be the trusted partner to hardware vendors and telecom operators looking to navigate this space,” said Boris Renski, Co-Founder and CEO at FreedomFi. “We are honored to partner with #1 manufacturer in the Helium ecosystem to help launch Bobber 500 and look forward to a long-term relationship.”
March 3rd, 2022 marks the one year anniversary of Bobcat Miner’s global debut as an integrated service provider empowering the growth of the global decentralized blockchain community network. In 12 months, Bobcat Miner has delivered over 240,000 hotspots to “Bobbers” worldwide. This makes Bobcat the #1 manufacturer in the Helium ecosystem with over 30% market share of deployed Helium miners. During this same period, the Bobcat community has grown to more than 400,000 with over 43,000 active Discord members and it’s still growing. The Bobcat was voted as “The Favorite Hotspot” manufacturer of 2021 by the global Helium community.
All current and future small cells certified by FreedomFi will be compatible with the Bobber 500 following the launch of FreedomFi Gateway and FreedomFi One CBRS small cell. FreedomFi’s partnership with Baicells to certify a portfolio of small cells for plug-and-play compatibility with their FreedomFi firmware gives even more options to the Bobber 500.
About Bobcat Miner
Bobcat Miner is a globally integrated service provider committed to empowering the growth of a global decentralized blockchain community network with high-quality hardware and software products and services. Founded in 2021, Bobcat Miner’s Bobber series of high-efficiency miner hotspots for HNT are compatible with Helium LongFi, an architecture that combines the leading wireless LoRaWAN, 5G protocols and Helium Blockchain technology. To learn more, please visit https://www.bobcatminer.com.
FreedomFi is an open 5G company, focused on the development of open source software and Web3 protocol interfaces that enable crowd-sourced deployments of 5G small cell networks. Founded by open-source software veterans, the company is one of the top contributors of code to project Magma, which is governed by the Linux Foundation and is quickly emerging as the standard platform for crowd-sourced wireless infrastructure. FreedomFi is venture backed by Blueyard Capital, Qualcomm Ventures, and Samsung Next.
Helium is a pioneer in decentralized wireless networks. The company developed the world’s first peer-to-peer wireless network, the Helium Network, which connects IOT devices to the internet by incentivizing hotspot hosts to provide coverage. Co-founded by Shawn Fanning and Amir Haleem and backed by GV, Khosla Ventures, Union Square Ventures, Multicoin Capital, FirstMark, and Marc Benioff, the network is live today in more than 3,600 cities throughout North America and Europe with expansion into Asia underway.
Vesta Equity Launches Global Real Estate NFT Marketplace on Algorand
Vesta Equity, an innovator in the financial and real estate space, is announcing the launch of their global real estate-backed NFT platform and marketplace on Algorand. Vesta is the world’s first peer-to-peer marketplace for real estate-backed NFT assets that allows homeowners to easily leverage and sell a portion of home equity while simultaneously advancing housing affordability, economics, and frictionless investor accessibility to residential real estate.
Vesta’s solution allows property owners to easily access the value of their holding through tokenization and selling percentages of real estate-backed NFTs to investors on its peer-to-peer marketplace. In turn, investors can browse a searchable marketplace, make offers for desired assets, and leverage liquidity on the secondary market or in the event of the traditional sale of the property.
Their goal is a 100% seamless and automated process in which the century-old-complexities of home equity finance are removed. Vesta addresses the issue of real estate affordability while eliminating barriers to the market for all investors, democratizing wealth creation by providing unhindered access to this bedrock of wealth creation.
To date, NFTs have been focused largely on digital assets. Vesta Equity directly couples a real-world, tangible asset and established values with the advantages of digital distributed technology. Vesta Equity developed its NFT platform and marketplace on Algorand because it is purpose built as a fully decentralized, scalable, and secure blockchain that surpasses all other platforms thanks to its novel pure proof-of-stake foundation and its focus on enabling the transition from traditional finance models to the distributed future.
“Imagine a world where with a few clicks of your mouse you can access the entire accumulated value of the equity in your home without incurring debt or selling and moving,” said Michael Carpentier, CEO of Vesta Equity Inc. “At the other end, investors can participate by purchasing into the future appreciation of the property and build a portfolio of real estate assets like they do with stocks. With the forecasted rising value of residential real estate this is an extremely desirable asset class that we have simplified for anyone to leverage.”
“Vesta Equity is totally innovating the home equity market,” said Imran Rahaman, COO of Vesta Equity. “With today’s launch, we become an example of a company using blockchain for what it was designed: to remove friction from traditional exchange of value systems, and to open up new financial opportunities for people everywhere.”
For more information on Vesta Equity and their home equity financing solution, please visit: https://www.vestaequity.net. To sign up as a property owner and access the equity in your home or as a property investor to build a portfolio of real estate assets, please visit: https://vestaequity.net/sign-up/. Follow us on twitter @vestaequityvpm.
For more information on Algorand please visit: https://www.algorand.com/.
About Vesta Equity
Vesta Equity is building the future of home equity financing. Homeowners and property investors traditionally tethered to age-old institutionalized financial practices will be free to manage their assets and investments to serve them best. Through tokenization and Vesta Equity’s Property Marketplace, homeowners and investors will be able to deal directly with each other without using intermediaries that carry burdensome costs, one-sided terms, and risks. Vesta Equity’s proprietary approach of coupling tokenization with smart contracts will enable homeowners to sell a portion of their home to investors while retaining their residency. For the homeowner, it means no more debt, compounding interest, and monthly payments. Investors will now have the freedom and ease of access to build and manage a portfolio of property types across geographies and partake in property appreciation with 100% asset transparency. Vesta Equity is enabling an open market integrated with blockchain’s immutability to create a more inclusive and dynamic model for the multi-trillion-dollar global home equity market
Algorand is building the technology to power everything from the creator economy to the convergence of traditional and decentralized finance. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for anyone to transition into the new digital economy. The leading decentralized infrastructure of choice for visionary leaders across more than 1000 global organizations, Algorand is enabling the simple creation of next generation financial products, protocols and exchange of value. For more information, visit www.algorand.com.
Music Industry Executives and Rock Legends Come Together to Launch New Digital Marketplace MUSICART
Three music industry executives have come together to launch a ground-breaking platform, MusicArt, which uses cutting edge blockchain and NFT technology to revolutionise the way we appreciate music artwork, old and new.
“MusicArt is a unique new NFT platform focused solely on celebrating music-based art and imagery, making it the perfect environment for musicians to trade their visual art without fear of it being lost in a sea of NFTs in unrelated genres on other platforms.” – Peter Ruppert, CEO MusicArt
By running on the BSV blockchain, MusicArt is primed as the industry frontrunner in terms of royalty payment systems and environmentally friendly operating systems. Using 10,000 times less energy than Ethereum, and beating out leading banking and financial systems, BSV enables MusicArt to work ‘On-Chain’ meaning that all NFTs and corresponding metadata are minted as STAS tokens stored directly on the blockchain, and also the artwork itself is stored on the blockchain. This non-custodial service puts power back in the hands of users allowing them to trade directly from their wallets without the need for intermediaries. Built by Vaionex, MusicArt is the first NFT marketplace using TAAL’s STAS token technology, directly preventing loss of access to user’s art in the event that third-party hosts go down.
By operating on-chain, MusicArt is also able to pay out royalties instantly to creators and artists. Where other marketplaces manage royalties manually resulting in infrequent and random pay-outs, MusicArt users can be reassured by a reliable and secure payment system. Creators on the platform will earn income from initial sales of their NFTs, as well as instantaneous royalties (10-20%) on any resale on the service.
MusicArt is committed to opening up the world of digital trading to newcomers. By accepting a variety of cryptocurrencies and taking care of Gas fees for the user, the platform makes NFT dealing more accessible than ever.
Forward facing, MusicArt also employs BSV for its scalability. Managing up to 100,000 transactions per second, BSV far beats out the 30 per second on Ethereum and competing blockchains.
“In the rapidly developing world of NFT technology, MusicArt is looking forward not only in terms of the platform’s success but its effect on the environment. With MusicArt, creators can enjoy a reliable new revenue stream without the worry of consequence to the planet.” – Peter Ruppert, CEO MusicArt
The platform champions works from legacy and new artists alike. On launch, MusicArt boasts exclusive pieces from art rock icons. These include the works of contemporary music art pioneer Mike Dubois (The Grateful Dead, The Allman Brothers Band, Fleetwood Mac, The Rolling Stones), record sleeve legend Ioannis (Blue Oyster Cult, Deep Purple, Starship), and psychedelic photographer Karl Ferris (Eric Clapton, Cream, Jimi Hendrix).
The initiative is championed by Peter Ruppert, former Head of Music at MTV and independent consultant to major Music & Media companies; Jeff Golembo, who has held managerial positions at Sony and Universal and was formerly MD at MCA Records; Hugh Goldsmith, former RCA MD and Innocent Records Founder; plus Dirk Brockhausen PhD, Physicist, Developer, and Blockchain expert. MusicArt is launched in co-operation with ground-breaking innovative independent artist portals Jamma Music & Aurovine.
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