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Auctionity makes record sale on its platform

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A unique cryptocollectible was sold at auction on the Auctionity platform for more than 8 ETH. This sale took place on April 25 as part of a special event held during the Crypto Games Conference in Minsk.

The cryptocollectible, named Darta-Nyan, is the only musketeer Blockchain Cutie in existence and was created especially in honor of the latest collaboration between Auctionity and Blockchain Cuties Universe. The sale was animated on theAuctionity saleroom and broadcasted live at the Crypto Games Conference in Minsk. All the proceeds of this sale were given to the TeenGuru Project which helps teenagers from Belarus to acquire skills in the field of blockchain and new technology so they can become the new entrepreneurs of tomorrow. This sale is a concrete illustration of Auctionity’s potential and ended at 8.1 ETH, thus becoming a record sale on the platform.

Auctionity’s development is picking up speed. Recently, Auctionity collaborated with the Ethereum-based art platform KnownOrigin for the Creative Challenge, an event dedicated to digital art in the form of non-fungible tokens (NFTs). Through this challenge, eight artworks were selected and then auctioned on the Auctionity saleroom. The winner of the challenge, an artwork called Structure of Reality and created by Barabeke, was sold for 0,95 ETH.

Including this new category in the saleroom is a big step forward for Auctionity. This choice proves that art does have its place in the world of blockchain technology.

Following the success of Darta-Nyan’s sale during the Crypto Games Conference, Auctionity has decided to strengthen its partnership with KnownOrigin by holding a similar auction during the International Digital Art Festival, which will take place on the 26th of June. The auction will happen live from the festival in Manchester but will be accessible from anywhere in the world as it will be broadcasted on the Auctionity saleroom.

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Campden Wealth Partners with GDA Group to Enter Digital Asset Markets

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Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital

“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,”  says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”

 “The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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