Connect with us

Blogs

Jelurida Releases The Source Code For Ardor (ARDR) With An Upcoming Blockchain Launch In January

Published

on

Jelurida

Jelurida has announced the launch of the source code for its latest product called Ardor (ARDR) which has also been released for review.

Jelurida is the technology firm that is responsible for the Ardor and Nxt blockchain. Nxt in the company’s flagship product that was introduced as proof of concept for the next generation of blockchain platforms. In fact, Ardor has been developed on Nxt’s blockchain which offers a lot of versatility, stability, and robustness. However, the company had to add some key new features to the altcoin to make sure that it was ready for the blockchain platform which is already business-ready.

Some of the features that were added include By-Property Phasin to facilitate account-based KYC, Composite Phasing to allow for advanced use cases and Asset Control to facilitate secure share distribution.

The launch of the source code will make it possible for users to test the platform and even come up with applications that will operate on the blockchain once it launches officially. Meanwhile, the launch of the testnet will also allow the users to review the source code for potential errors or bugs.

“The release of the testnet is an important milestone setting standards for the whole blockchain industry paving the way for mainstream adoption of blockchain technology,” stated Jelurida’s co-founder and managing director, Lior Yaffe.

Yaffe also stated that the company was proud of the many milestones they have achieved over the last four years. He also added that the company is excited to see what the future holds as blockchain technology becomes more popular. The company conducted its first ICO called IGNIS for its first Ardor child chain tokens. The crowd sale was held between 5th August and 4th November and it managed to raise $15 million. The company also announced that it plans to air drop 50 percent of the tokens to Nxt holders and this will take place In the last week of this month.

Jelurida described Ardor as a platform for business as well as scalable blockchain. The Ardor platform was designed to facilitate the availability of blockchain technology to startups, banks, governments, and businesses. The recent release of the source code thus marks an important step towards introducing these solutions to its target market.

Meanwhile, the Ardor cryptocurrency has had a good year and just like most cryptocurrencies in the market, it recently experienced a price surge that saw the price reach a new all-time high at $1.34 on December 21. The altcoin was ranked 29th place on Coinmarketcap with a market cap of $1.12 million.

The fact that the Ardor cryptocurrency blockchain is scalable means it is an attractive feature to the market and this might contribute towards generating more value for the altcoin. Perhaps it might even facilitate growth in the future.

We will be updating our subscribers as soon as we know more. For the latest cryptocurrency news, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Marcus Spiske via Flickr

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Published

on

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…

Continue Reading

Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

Published

on

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…

Continue Reading

Altcoins

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

Published

on

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…

Continue Reading

Press Release