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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.

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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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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