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World’s Oldest Republic to Become Next Blockchain Hub

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In an unlikely partnership, the microstate of San Marino is placing itself to become a ground-up hub for blockchain innovation with help from Estonian based Polybius.

San Marino partners with Estonian Based Polybius

The tiny, mountainous republic of San Marino has announced through the San Marino Innovation Institute the creation of a new company which under San Marino law will be dedicated to developing a first of its kind ecosystem for blockchain innovation.

Physical and legislative work is to begin immediately to create an infrastructure and legal framework catered to the microstate’s intention of becoming a center for the developing blockchain industry.

Sergio Mottola, executive chairman of San Marino Innovation told the BanklessTimes “The Government of the Republic is willing to take the lead on this transformation and is superbly placed to promote digital innovation through the constitution of a forward-looking legislation and jurisdiction to favor the growing blockchain infrastructure.”

When asked about the longevity of cryptocurrencies as an investment and whether the values at the moment are indicative of a bubble Mottola said,

“We are not interested in short term or opportunistic policies to take advantage of the speculation surrounding today’s cryptocurrency world. Rather, we are intrigued by the revolution implicit in the underlying technology; the blockchain, which we expect to bring an impact on the global economy greater than what the Internet has.”

Creating a Ground-Up Hub for Blockchain innovation

The joint venture between San Marino Innovation and Polybius will allow San Marino to utilize the Estonian company’s state of the art digital identification technology to develop world-class authentication verification systems.

Polybius has been a leading developer of distributed ledger technology through their HashCoins OÜ company. Expertise and experience which co-founder Ivan Turygin expects will go a long way to shaping San Marino as a destination for blockchain innovation and in influencing the government to support that development as a path to future economic success.

Co-founder Sergei Potapenko is confident in the partnership due to Polybius’ past experience developing practical solutions on various blockchains. “In the past, we have developed and implemented solutions ranging across password-free authorization, data storage and notary services.” he said.

San Marino Secretary of State for Economic Development Andrea Zafferan talked about the partnership being at the core of the republics development strategy to become a world-leading blockchain hub. Zafferan added that “We are the world’s oldest republic and we are proud to begin a transformation lead by technology,”

 

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BlackDragon Becoming The New Top Altcoin?

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BlackDragon

BlackDragon, the early-stage crypto investing fundraising group, has launched its new decentralized blockchain-native Platform this (Sunday, the 9th of May 2021).

This milestone will make investing both more convenient and simpler for those seeking the highest returns for their capital. With over 1,000 community members and an average ROI of 40x in 2020, BlackDragon has enabled everyday investors to see returns previously only reserved for those with privileged access, extensive crypto networks, and the ability to put in countless hours of dedicated research.

Our newly developed platform is a crypto investors’ one-stop-shop where investors can take comfort knowing that the experienced BlackDragon team has vetted projects and conducted the appropriate due diligence.

The cohesive and beautifully designed app compiles the various projects with the key fundraising data associated with each and provides links to research, key socials, and ROI on previous projects. All the user has to do is bridge their tokens, lock them up to calculate their pro-rata percentage amount, and decide which projects they would like to invest in. Then, with the push of a button, their capital is allocated to prime early-stage projects of their choice.

Apart from sleek UX/UI design, which allows users to easily navigate and search through deals, the app’s biggest innovation is that it runs on the xDAI network, making transactions cheaper, faster, and more efficient. The mechanism allows xDAI tokens to be bridged to and from the ETH blockchain.

And this is where the BlackDragon Token comes into play. The BlackDragon Token (BDT) is an integral part of the BlackDragon investing ecosystem, as it grants access to the platform itself and is used for calculating investment allocations. The way it works is this – if you want a higher project allocation, you need to lock more xBDT.

It is important to note that xBDT tokens can be locked by users via integrated smart contracts, meaning each user gets to decide how many tokens they want to lock/unlock for a certain period. Subsequently, the tokens are locked for 6 months, stimulating stable price appreciation.

BlackDragon currently offers access to their investing services based on the following levels:

Level 0

White Dragon

250+ BD Tokens

Access to 60% of deals

Level 1

Green Dragon

1,000+ BD Tokens

Access to 90% of deals

Level 2

Yellow Dragon

5,000+ BD Tokens

Access to 95% of deals

Level 3

Black Dragon

10,000+ BD Tokens

Access to 100% of deals

If you’re considering getting into crypto investing, but have no idea where to start, or if you’re a seasoned trader and want to save time on research and gain exclusive access to preliminary deals while enjoying a premium UX/UI experience, then BlackDragon is your gateway to convenient and successful crypto gains.

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Crypto Innovators Matthew Roszak and Dr. Daniel Diemers Join The Immerse Network’s Advisory Board

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Kronoverse Secure

The Immerse Network announced today that industry pioneer and investor Matthew Roszak, Dr. Daniel Diemers and Dr. Patrick Sutter of SNGLR Group, and Richard Rofé of Arcadia Capital will be joining the advisory board of The Immerse Network. The Immerse Network is a new blockchain-based platform launched by Starport, dedicated to extended reality entertainment and experiences. Starport is a community-driven DeFi launchpad funding real world investments, serving as a bridge between the crypto world and traditional fundraising. The leading project within Immerse is Kind Heaven. Kind Heaven is truly a movement, a portal to a new world, and will be a completely new way to think about and experience entertainment, music, food, lifestyle, health, spirituality, and much more—all on a new blockchain platform utilizing the Verse network token.

“We are excited to have Messrs. Roszak, Diemers, Sutter and Rofé join The Immerse Network’s Advisory Board,” said Cary Granat, CEO of Immersive Artistry and The Immerse Network. “Their unique perspectives will be critical for our team to have on board at this pivotal moment in connecting entertainment and media companies, producers, creators and others, with the vibrant crypto ecosystem.”

The Immerse Network Advisors join an active group of investors and board members, within the Immersive ecosystem of companies, including: Mark Bezos, Marin Hartono, Ken Raasch, Yuan Yafei, Jack and Jeff Giaraputo.

About Matthew Roszak
Matthew is chairman and co-founder of Bloq, a blockchain technology company. Matthew is also founding partner of Tally Capital, a private investment firm focused on cryptocurrencies and blockchain-enabled technologies, with a portfolio of market leading companies including: Coinbase, Binance, Block.One, Blockstream, Messari, Niftys and Orchid. Matthew also serves as chairman of the Chamber of Digital Commerce, the world’s largest trade association representing the blockchain industry, and BitGive, a non-profit foundation that combines philanthropy with blockchain technology.

About Dr. Daniel Diemers
Daniel Diemers is co-founder and partner at SNGLR Group, a hybrid tech company focusing on exponential technologies. Before joining SNGLR Group, he was formerly a financial services partner at Strategy& (formerly Booz & Company, Booz Allen Hamilton), MD Switzerland and Head Blockchain EMEA. During his academic years, he has worked on collaborative, technology-enabled business models for knowledge management and early warning systems, and, more generally, on the social impact of new media, publishing his own books and articles, while speaking at conferences in Europe and the USA

About Dr. Patrick Sutter
Dr. Patrick Sutter is cofounder and partner at SNGLR group, a hybrid tech company focusing on exponential technologies. Graduating from the University of St. Gallen, Patrick holds a Ph.D. in Law (Dr. iur. HSG). In 2008, he became a partner in Kessler Landolt Giacomini & Partner, Attorneys-at-Law, with offices in Schwyz and Wollerau (Switzerland). As shareholder and executive of Rearea LLC and executive of Swiss Capital, Patrick has gained vast experience in the world of impact investing. He also serves as a member of the Board of Directors at Immersive Investments LLC, Immersive Artistry Holding Company Ltd. (Switzerland) and Immersive Artistry LLC (USA).

About Richard Rofé
Richard Rofé is former activist fund manager and the managing director of Arcadia Capital Management, LLC and Arcadia Crypto Ventures, LLC. Prior to ACM and ACV, Richard was a serial entrepreneur founding, growing and financing companies in a variety of industries. Alongside his investments in crypto currencies, Richard sits on the boards of Arcadia Chemical & Preservative, DigitalBits, Studio Wildway and the Cradle of Aviation Museum.

About Immerse Network
The Immerse Network utilizes blockchain technology to power, host, and facilitate a new era of immersive interactive entertainment through its relationship with Immersive Artistry. Immersive Artistry was established to disrupt location-based entertainment by creating, building, and operating experiential destinations that transport guests to places, cultures, and time periods – both physically and digitally – through multi-sensory experiential entertainment. The Verse network token will serve as a passport, linked to proprietary wearables and able to be used in Immersive Artistry’s attractions.

About Starport
Starport is a network launch facility for the decentralized financing (DeFi) of mega blockchain network projects sponsored by proven industry leaders with deployable real work use cases primed for mass adoption. Starport was created by Gebo Group – a proprietary cryptocurrency trading firm, cofounded in 2018 by James Wines, Serge Pustelnik, Alex Lubetsky and Dan Pustelnik. James has over 25 years’ experience as securities lawyer representing top tier Wall Street banks, broker-dealers, funds and trading firms. Serge and Alex, both Harvard alumni, have decades of experience trading and managing inventories of complex financial instruments across multiple domestic and international market centers. Dan heads a team of veteran fintech and blockchain developers and partners to maintain Gebo’s position at the cutting edge of what is possible. Gebo will provide market making services for the Verse token, on a fully disclosed ‘KYC’ basis, through the trading team now headed by Ronald Pasternak, formerly of Knight Securities and the Delaware Board of Trade.

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Tokenist Expands IG Partnership to Include Nadex, Amplifying U.S. Derivatives Coverage

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SEC

The Tokenist, a dynamic fintech and blockchain gateway into the world of finance, has added another entity to its growing list of partnerships: Nadex. Standing for North American Derivatives Exchange, Nadex is formerly known as Hedge Street. Following the Tokenist’s strategic milestone with IG US, partnering with Nadex is the logical next step as this CFTC-compliant exchange is owned by London’s IG Group.

While IG Group represents the world’s top forex ecosystem, Nadex is all about high-frequency options trading in stock indices, forex pairs, and commodities. Furthermore, Nadex holds special importance for US day traders as it constitutes one of the very few US-based exchanges to offer the more exotic binary options trading.

Such exclusive regulatory status makes Nadex a valuable partner to the Tokenist. First and foremost, the millennial-oriented knowledge portal serves as a guide that illuminates the tools, investment strategies, and ways to make smarter financial decisions. Simultaneously, the Tokenist aims to ensure all risks are properly explored and understood.

Tim Fries, the co-founder of the Tokenist, further explained what the partnership with Nadex means for Tokenist readers:

“The impressive regulatory approval and unique investment offering make Nadex incomparable—especially for US-based investors. We look forward to working with Nadex to provide well-rounded, insightful, and exclusive material to our readership.”

Trusted by NewsGuard with a perfect score, The Tokenist continues to serve as a beacon of illumination amid chaotic economic currents and record-low media trust. To that end, the education and news portal aims to provide its expanding readership with practical tools while contextualizing market trends and innovative technologies.

About Nadex

Now streamlined via mobile NadexGo app, the Chicago-based exchange was founded in 2009 to provide investors with knock-out and call spread contracts, and short-term binary options. Nadex is registered with the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market and Derivatives Clearing Organization. Accounting for over 125,000 active traders, Nadex is headed by Ian Peacock.

About The Tokenist

The Tokenist seeks to provide factual and practical toolsets to make heads or tails of the convoluted financial system. To further seize emerging financial opportunities, the Tokenist tracks revolutionary blockchain-derived ecosystems and the many ways they interface with traditional finance.

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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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Tradition Meets Tech as 79-Year-Old Artist Lio Faridani Makes Entire Collection Available via NFT

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46234634

Lio Faridani, has been painting on canvas in various forms for nearly 70 of his 79-years on this planet. His works have, in fact, sold to aficionados and collectors around the world and received accolades at many an exhibition. Now the artist is proving that age is indeed a state of mind by making his entire collection available via NFTs – a promising new funding model for art and media. NF what? To put it simply, an NFT is a digital asset. It is encrypted with the artist’s signature on a digital ledger (aka the blockchain) which is at the heart of all cryptocurrencies – with probably the most recognized being bitcoin. NFTs allows buyers and sellers to verify authenticity and ownership to ensure a buyer has the original art. Maybe most notable though is that NFTs are predicted to increase the profitability of artworks for collectors and artists alike. Just look at the numbers. NFT markets have seen trading volume growth from $12 million in December to $342 million last month.

For his part, Faridani, with a little help from his son, who is CEO of an online media solutions agency, has digitally minted all of his artwork, which is now broadly available to the crypto-community – and beyond. And he has taken it one step further. Each buyer receives not only the NFT but also the physical painting, which is delivered right to their door.

“I have always embraced innovation but have also learned a thing or two about the importance of traditional methods over the past seven decades. That is why I am including the physical works as a component of my NFT sales. It is important to me that my clients have the actual original that they can touch and feel along with the NFT,” said Faridani. “I find it truly exciting that I am now combining both realms and can count myself as an early adopter of digital art sales.”

Born in 1942, Faridani is self-taught. His wide-ranging portfolio comprises various mediums from sketches to watercolors to acrylics and oils in styles ranging from abstract to realism and is especially known for his majestic over-sized pieces. His art can be found in collections around the world including Canada, Italy, Switzerland, the United States and United Kingdom.

“Modernization is making art in all its iterations more available to the general public. I fully believe that NFTs will have a monumental impact to the art world by cultivating an entirely new audience of enthusiasts,” he added.

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Blockchain Gaming Social Platform Ludena Protocol Announces NFT Roadmap Update

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Blockchain Gaming

Amid the recent NFT (Non-fungible token) craze in the cryptocurrency industry, blockchain game social platform, Ludena Protocol, officially announced their roadmap update to include the Ludena World Metaverse, complete with of NFT assets, on the 12th of March.

Ludena Protocol operates the DApp GameTalkTalk, which has recently surpassed 3.5 million downloads on the Google Play store. GameTalkTalk gives value to gamers’ daily activities, such as playing video games and uploading game-related content to the platform, by providing rewards in their native cryptocurrency, LDN.

Within the first half of this year, the company plans to gradually release NFT assets such as NFT wearables for users’ avatars and “My Room” NFT decorations, within the Ludena World Metaverse. “We will continue to lead the NFT market, including entering the NFT marketplace and NFT market through aggressive partnerships with global NFT partners in the future,” the foundation said.

According to the announcement, NFT assets in the Ludena ecosystem will consist of avatar wearables, “My Room” virtual space/land decoration, user-created NFTs, and Ludena World map spaces. In other words, gamers can customize their game characters or change their user profiles through their Ludena NFT assets, which are provided in the form of infinite digital decorations.

Playable game characters on Ludena Protocol’s P2P gaming platform, can be customized with costumes, special weapons, as well as a variety of other accessories, and are used in hyper-casual, multiplayer games. Users will be able to see either their purchased, won or created NFTs in the games they play.

Joshua Kim, CEO of Ludena Protocol, said, “Now that NFTs are becoming a mega trend in the blockchain market, we want to lead the global market by becoming Korea’s representative platform for the distribution of NFT assets based on actual demand.”

Meanwhile, news related to NFTs (Non-fungible tokens) is receiving noticeable attention in the industry recently. Earlier this month, Grimes, singer and partner of Tesla CEO, Elon Musk, made $6.5 M in 20 minutes by auctioning off her digital NFT paintings. In addition, the first Twitter post that Twitter co-founder Jack Dorsey posted on the auction market really showed off the NFT craze as the bidding price rose to about $2.8 M.

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Huobi Charity Receives Formal Status as a Registered Charity in Gibraltar

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Huobi Group

Huobi Charity Limited (“Huobi Charity”), a philanthropic arm and blockchain-based charity platform of Huobi Group, today announced that it has obtained approval from the Board of Charity Commissioner for Gibraltar (“the Board”) to operate as a registered and fully regulated charitable organization. As a formally recognized charity, Huobi Charity will be able to accept fiat and digital asset contributions from different entities and conduct various philanthropic activities to help create a better future globally.

Huobi Charity was intentionally formed with a broad scope to benefit the global society through a wide variety of initiatives. The firm aims to prevent or alleviate poverty; advance education; promote health and longevity; nurture communities; advance art, culture, heritage or science; further environmental protections; and provide relief to persons in need, including those with disabilities, ill health, economic hardship, etc.

“As a global charity that’s helping shape the new digital economy, we believe it is our responsibility to ensure we’re building toward a fair and equitable future for all while also preserving the culture and values that define who we are as a society,” said Ciara Sun, Vice President of Global Markets and head of social impact initiatives at Huobi Group. “By receiving formal status as a registered charity in Gibraltar, we’ll be able to collaborate with other internationally-renowned charities and have a much bigger impact on the lives of people all across the globe.”

As a registered charity, Huobi Charity will operate in full transparency under the supervision of the Board, a regulatory body governed by the Charities Act of Gibraltar. All activities of the firm such as fundraising and donations will comply with regulatory requirements established by the Board. Huobi Charity will disclose transactions and provide the Board with regular reports on the activities of the firm, undergoing annual audits to prove the legitimacy of its funding sources. By opting to operate as a registered charity, Huobi is providing donors with full visibility into its charitable activities and fund management, further building on the trust that the Huobi brand is already known for.

Huobi Charity expands on Huobi’s existing social responsibility initiatives aimed at enriching the lives of people globally through blockchain technology and digital assets. Last year during the initial COVID-19 outbreak in Wuhan, Huobi Group committed $1.4 million USD to source and donate hundreds of thousands of medical masks, protective suits, oximeters, and other medical supplies to over 135 hospitals and community healthcare centers in affected areas. Huobi Group also donated $50,000 USD in HT to the Indonesia-China Association of Economic, Social and Cultural Cooperation for the purchase and distribution of medical supplies to Indonesian hospitals.

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MF DOOM NFT collectors to auction rare work benefitting the MF DOOM Estate

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Mine Crypto

Illust Space–an augmented reality NFT marketplace–will be hosting an MF DOOM crypto auction in collaboration with Rhymesayers, MF DOOM’s wife Jasmine and the estate. The auction, set to coincide with the launch of the Illust Space marketplace, will be listing a select group of signed, limited edition, MF DOOM augmented reality NFT’s. This latest auction will build on the success of MF DOOM’s initial launch in October 2020, when his collaboration with Illust Space made history as the first launch of an Augmented Reality NFT. Sign up for more information on the auction here: https://app.illust.space/

The auction goes live today, Thursday, March 11th at 4:00 PM PST, and will conclude on Friday, March 12th at 10:00 PM PST. As part of the sale, 10% of total proceeds will go back to MF DOOM’s estate in the form of royalties along with an individualized donation from the current holders of the masks.

  • What’s an NFT?  NFT’s or Non-Fungible Tokens are a blockchain standard that use digital contracts (smart contracts) to assign attribution rights to artwork, digital collectibles, and unique items. Each NFT can be purchased, sold, and traded like a physical object yet still retain its certification of provenance as the object changes hands.
  • Blockchain and Estate Planning: Sadly, MF DOOM passed on Oct 31st, 2020, one day following the close of the original Illust Space beta auction making this one of MF DOOM’s final collaborations. Due to blockchain’s immutable and decentralized ledger technology, all of MF DOOM’s AR NFT collection will be available for future generations of fans and collectors, creating a new model for royalties and posthumous creative control legacies.
  • The Future of Artist Royalties: NFT’s and Smart Contracts allow artists to maintain authorship, define commissions and even manage future changes for their work long after the first sale of the piece.
  • Working in conjunction with his wife Jasmine, monies generated from the sale will support the family as well as future creative projects.
  • The masks have a current estimated value between 10 to 50 eth ($15,000$75,000)

To donate to the MF DOOM fund please find his Ethereum wallet here: DOOM.eth

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