Estonia, Europe 12th of August –Today, the government-regulated cryptocurrency exchange Kriptomat launched the world’s first gamified blockchain rewards program. The unique experience allows users to play games of chance, collect blockchain assets, craft collectibles, and acquire non-fungible tokens that provide discounts and can be played in over 20 different video games. The loyalty program, called The Dragon Riders of Kriptomat, operates on the Enjin Platform and utilizes the new ERC-1155 token standard recently adopted by the Ethereum community.
“We are thrilled to lead the charge when it comes to adopting blockchain for rewards because we honestly believe that on-chain tokens are the most advanced form of digital asset in existence,” said Srdjan Mahmutovich, Kriptomat CEO. “Our team always strives to advance personal sovereignty, economic equality, and social equity by building community-centric platforms that offer transparency, opportunity, and self-governance to all who use them. This rewards program is another one of our innovations that will prove to the general public that blockchain is the future of digital proprietary.”
In the launch announcement, Kriptomat explains that blockchain assets are far more valuable than ordinary reward points. Users can store blockchain assets securely for a lifetime, sell or trade them for money or cryptocurrency, or use them in a multitude of apps and games.
With the Kriptomat rewards program, the team aspires to provide its customer base with the most robust blockchain-driven experience possible. Kriptomat rewards will enable cryptocurrency buyers to save on trading fees, enjoy exciting games of chance, craft and collect valuable blockchain items, and use those items in over 20 games.
Kriptomat’s blockchain rewards program is the first step in creating the enterprise rewards platform, Reewardio. Entrepreneurs and businesses across all major markets will be capable of creating customized versions of the Kriptomat rewards program and adapt it to their individual needs. From retail to education enagement and workplace motivation, Kriptomat aims for anybody to be able to use this program to reward anyone for anything.
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
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…
Campden Wealth Partners with GDA Group to Enter Digital Asset Markets
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…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
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…