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Age of Rust Adopts Enjin Coin with Plans to Create First Blockchain-Based P2P In-Game Rental Market

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SpacePirate Games, creators of Age of Rust, a picturesque role-playing adventure game, has announced their adoption of Enjin Coin’s platform to create and manage in-game ERC-1155 tokens. Featuring more than 650,000m2of in-game landscape to explore, Age of Rust implements creative challenges and puzzles with a prize pool of over 24 Bitcoin (BTC) hidden throughout the game.

Age of Rust is the first ever game with plans to implement a blockchain-based peer-to-peer rental market. By utilizing Enjin Coin’s smart contracts, SpacePirate will enable in-game asset rentals between players. Rented items will temporarily move from the lessor’s blockchain address to the lessee’s and will be returned once the rental period has ended. This will strengthen Age of Rust’s unique community-driven gameplay by driving player interaction while also providing SpacePirate an organic source of revenue in the form of transaction fees. In this mutually beneficial rental scheme, lessors will also earn rental fees, while lessees will gain access to their desired assets.

One of the industry’s most highly anticipated blockchain games, Age of Rust has reached later development stages and is expected to launch in late 2019 after nearly two years of production. SpacePirate has already released a text-adventure version of Age of Rust, with a prize pool of 4 BTC lying behind a series of complex puzzles in the online beta version.

Age of Rust’s economy runs on an in-game currency called “Rustbits.” Rustbits will be migrated to ERC-1155 tokens and currently have a drastically fluctuating market cap that at times reaches up to $17 million. The game’s collectible blockchain cards, called “Rustchain cards,” are also already available. These cards currently allow access to game content and clues for puzzles but will eventually impact your character, gameplay, and storyline.

Age of Rust takes place in a dystopian future where the collapse of society has led to the end of all technological advancement. With no ability to advance or maintain existing infrastructure, everything is left to deteriorate and rust. Mech and powerful AI-enabled machines have turned against humans to steal and plunder for survival.

Players will explore abandoned space stations, mysterious caverns, and lost worlds, fighting other players, rogue machines, and hostile environments while solving complex puzzles along the way. The game is highly community-driven, with clues and secrets delivered through the Age of Rust Discord channel. As with all great open world games, you can choose to play solo or work with a team. This rich community-based gameplay has also inspired separate Discord channels for “solvers” to work together on puzzles and quests.

SpacePirate is currently working on Chapter 1 of the game, slated to offer more than 40 hours of gameplay. A total of six chapters will be available to play as they are released, which speaks to the immense scale of Age of Rust’s gaming universe.

To find out more, visit https://www.ageofrust.games/ or ask questions within their Discord community: https://discord.gg/njjuTGD.

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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