NFT News by Thebittimes.Com

The Future of BNB Chain BNB Chain, developed by Binance as a blockchain platform, has developed so much from its inception to be at the core center of dApps and DeFi. Going forward, here are major developmental elements and trends that look to shape the trajectory of BNB Chain. Improved Scalability and Performance: After all, BNB Chain is not putting less focus on scalability, and this will likely be the case in the near immediate future. Equipped with more sophisticated layer-2 solutions and optimization of consensus mechanisms, BNB Chain will be working towards more TPS while trying to hold its fees as low as possible. This scalability greatly benefits from the immense growth of dApps and users on the network. Interoperability : Further enhancing the compatibility across chains. Improved compatibility between BNB Chain and other blockchains will simplify the process of exchanging assets and data across different ecosystems. By using state-of-the-art bridges and partnerships in the n...

As the decentralized finance (DeFi) landscape evolves, the need for secure and reliable identity verification mechanisms becomes increasingly crucial. Traditional centralized identity systems pose several challenges, including privacy concerns, data breaches, and the exclusion of individuals without access to formal identification. De central ized identity verification offers a promising alternative, addressing these issues while enhancing security and inclusivity in DeFi. What is Decentralized Identity? De central ized identity, also known as self-sovereign identity (SSI), allows individuals to control and manage their personal information without relying on a central authority. This concept leverages blockchain technology and cryptographic techniques to enable secure and private verification of identity. Users can share verified credentials with service providers without revealing unnecessary personal details, thus protecting their privacy.  The Role of Decentralized Identity in DeF...

MANTRA is excited to reveal a strategic investment from Laser Digital, the digital asset arm of financial services giant Nomura. This investment builds on MANTRA’s recent funding round and propels them towards becoming the leading Layer 1 blockchain for Real World Assets (RWAs) in the Middle East and Asian markets. This collaboration strengthens MANTRA’s vision of bringing finance on-chain. Laser Digital’s expertise in regulations and commitment to compliance RWA tokenization perfectly aligns with MANTRA’s goals. A Powerful Alliance for Compliant RWAs MANTRA has consistently demonstrated its dedication to providing RWA-focused solutions in the Middle East. Laser Digital’s established presence in the region makes them a perfect partner to support MANTRA’s growth. They already possess licenses for virtual asset brokerage and management/investment services from Dubai’s Virtual Asset Regulatory Authority, along with an In-Principle Approval from Abu...

MyContainer partners with Wanchain to provide its users with the best opportunities to participate in the Wanchain ecosystem. Wanchain is a blockchain project that aims to drive blockchain adoption by creating interoperability between different blockchain networks. They achieve this through a cross-chain infrastructure that connects siloed blockchains, empowering developers to build decentralized cross-chain applications for the future of Web3. Additionally, Wanchain’s  native cryptocurrency,  $WAN , operates within its cross-chain infrastructure. It is secured through a proprietary Proof of Stake consensus algorithm called Galaxy Consensus, which builds upon Cardano’s Ouroboros. Validators on the network are required to  stake WAN coins  to participate in transaction validation. MyCointainer Platform & Wallet Integration From now on, community members can take advantage of the Wanchain native token’s  utility on  its platform . Deposits and withdrawals are process...

Openleverage has recently unveiled its new permissionless liquidity market feature, which allows all users to deposit and borrow any crypto asset, unleashing liquidity and increasing market flexibility. Borrow with Thousands of Assets According to OpenLeverage, most lending protocols, like AAVE and Compound , have limited token support for deposits and borrowing, leaving over 99% of tokens without access to these activities. They boast of breaking this limitation by allowing any user to create a lending marketplace for any token pair. This enables users to put both tokens of the pairs as collateral and borrow against other tokens. Users can even deposit altcoins as collateral and borrow majors. Limitless Opportunities for Users OpenLeverage introduces even more opportunities for users : Unleash Your Altcoin Holdings: OpenLeverage’s over-collateralized borrowing allows users to obtain additional funds using their existing token holdings as collateral. This enables them to diversify t...

Banxa , the leading on-and-off ramp solution for web3, has integrated with The Graph , the leading decentralized infrastructure protocol, to allow users to pay with fiat currency to access blockchain data organized by The Graph. This integration, now available directly in The Graph’s user interface, decreases barriers to decentralized protocols and provides a way to access blockchain data as easily as with methods common in traditional SaaS products. The integration also marks the first use of Banxa’s new OpenRamp product, which enables fiat payments to directly interact with smart contracts, opening up a broad array of use cases and more fluid crypto experiences. By leveraging Banxa’s new OpenRamp, The Graph offers direct access to blockchain data without the need for users to engage with centralized exchanges or platforms. Banxa’s integration fulfills all fiat transactions directly to The Graph’s billing contracts, so dapp developers and data consumers alike can start using The Graph...

‍Ainslie Bullion is pleased to announce that they have integrated Chainlink Price Feeds . By integrating the industry-leading decentralized oracle network, Ainslie Bullion now has access to high-quality, tamper-proof price feeds needed to help price precious metals, such as gold, silver and platinum, on their platform using accurate market data. This will provide their customers with stronger assurances that the price oracles that Ainslie Bullion is using are highly secure, reliable, and transparent. They chose Chainlink as their oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading decentralized finance (DeFi) protocols, maintaining robust security and high availability even amidst unexpected events and high market volatility. After reviewing various oracle solutions to help price precious metals, we integrated Chainlink Price Feeds because they provide a multitude of critical Features such as: High-...

Multichain is a cross-chain router protocol with its branded portfolio pools on Blueshift, providing A1 users, Kava users and the ecosystem at large with liquidity and tokens from other chains. While users on Cardano/Milkomeda (C1) have already benefited from this collaboration, it is time to engage with the Algorand and Kava ecosystems. It has been a great partnership working with Multichain since the creation of their DEX to help users move their liquidity across chains, giving them exposure to new tokens and projects. Blueshift and Multichain present a Stablecoin Index on Milkomeda A1 Algorand: Stablecoin Index (multiUSDT, multiUSDC, multiBUSD) and on Kava we will have multiUSDC, multiUSDT, multiDAI, multiETH and multiWBTC provided on the DEX. Their partnership is exciting for the Algorand and Kava ecosystems as it allows for new channels where liquidity can move into the ecosystems where it wasn’t possible before. About Multichain Born as Anyswap on July 20th, 2020, Multichain is p...

Glitter and Penguin Finance collaboration has been announced. This partnership will obtain Protocol-Owned Liquidity for Bridged Assets through the Utilization of Bonding. Glitter will be leveraging Penguin Finance’s bond service to further grow liquidity for bridged assets. Furthermore, Glitter Finance is a brand-changing innovator that aims to bring everyday users into the world of cryptocurrency seamlessly. By providing user-friendly and streamlined architecture, Glitter aims to remove technical and psychological barriers that may prevent people from investing and participating in the crypto market. How Does Glitter Finance Work? As an interoperability solution, Glitter serves as a layer-zero for DeFi protocols across multiple blockchain networks. It connects disparate ecosystems and simplifies the usage and investment process across different blockchain networks. Currently, Glitter has successfully bridged the Algorand and Solana blockchain networks bidirectionally with over 99% eff...

Xandar Partnership with Bountie Hunter, Bountie Hunter is a Gaming and Metaverse Acquisition Accelerator, it helps Web3 games educate, convert, and retain gamers through effective and customized campaigns. Bountie Hunter is incorporated in Singapore with a Southeast Asia reach. Over the last 5 years, its web2 esports tournament platform has facilitated more than 3,000 community tournaments with more than 300,000 casual competitive gamers. As Xandar announced its Partnership with Bountie Hunter. What does Bountie Hunter Features? Hybrid Apps – They are offering multiple functions on their apps, ranging from services of Bountie.io, Bountiehunter.io, and LaunchPad for the future projects IDO Staking/Unstaking – Earning Annual Percentage Return (APR) on the BOUNTIE Tokens staked on Bountie Hunter as well as Tiers Tracking Smart Contracts – Projects needing to lock the prize pools in smart contracts. Winners can claim upon conditions met. Wallet Integration – Metam...

Angry Polar Bears (APB) — an enterprise launchpad ecosystem for Web3 — has integrated Chainlink Verifiable Random Function (VRF) on Polygon mainnet. By integrating the industry-leading decentralized oracle network, we now have access to a tamper-proof and auditable source of randomness needed to mint APB NFTs and NFTs for related projects. Ultimately this creates a more exciting and transparent user experience, as users have higher assurances of a fair minting process for membership NFTs. About Chainlink Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains. About Angry Polar Bears NFT...

Desmos Profile is an anonymous decentralized identity across various blockchains. This concept is similar to that of Google single sign-on, but now built on Web3. The first products that Desmos Network revealed during this year’s Cosmoverse epitomizes the growing demand for a shift in social media networks from Web2 to Web3. These products include Scripta, a decentralized publishing platform that operates similarly to Medium, and Butter, a simplified Web3 social media for non-crypto users. In the future, an array of new products will be developed and we are delighted to support the talented pool of developers from the Desmos community as well as play a part in movements that transition Web2 to Web3. Band plays a crucial role in the process that allows Desmos users to link their profile to centralized social networks. Thanks to its oracles, they are able to fetch the cryptographic proofs posted on Web2 social networks, and use those proofs to connect their Desmos profile to such account...

BasicSwap website is live! It allows users to navigate to BasicSwapDEX to find a plethora of information on the Particl project’s upcoming privacy-first and cross-chain DEX. This new landing page contains all the essential information one needs to know about the upcoming platform and protocol, in a user-friendly and easy-to-digest format. It is meant as an informative and easy-to-share resource, informing users of all there is to know about BasicSwap. There, you will find the DEX’s primary key points and benefits, as well as a list of all available cryptocurrencies on the platform, answers to the most frequently asked questions links to tutorials, guides, and build instructions. The web page will be continuously updated and expand over time, so as to always contain the most up-to-date information about BasicSwap. Meaning you can safely share it far and wide without fear of it becoming outdated later in the future. BasicSwap Roadmap Also included on the website will be BasicS...

GotBit Partnership with SeedBox, , a company that provides advisory services to blockchain startups around the world.  Acts as smartMoney’s venture capital fund focused on early-stage investments in blockchain startups. GotBit is already collaborating with over 350 projects. As GotBit announced its Partnership with SeedBox. The cooperation with Gotbit will be an essential step for the project development journey, opening up many great opportunities for SeedBox including: deal sharing fundraising market making support and advising marketing collaboration. Partnership At the same time, GotBit’s partnership with SeedBox is a great competitive advantage, as investors can now get security consulting services from a trusted vendor trusted by top players. It is important to note that GotBit has extensive experience in facilitating the development of blockchain startups, so SeedBox startup projects can receive unique information and advice that can allow them to reach new heights in the indust...

Poundtoken is excited to announce that they have integrated Chainlink Proof of Reserve (PoR) to enable real-time visibility into the reserves backing GBPT, our fully-backed GBP stablecoin regulated in the British Isles. Chainlink PoR is also used to help secure the minting function of GBPT, helping ensure that the circulating supply of GBPT does not increase beyond the amount of off-chain fiat reserves held via safeguarded accounts at Bank Frick. Poundtoken has previously announced their intent to integrate Chainlink—find more information about the technical details of the integration and the automated workflow that helps ensure that no unbacked GBPT can be minted. About Chainlink Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling featu...

DeQuest Partnership with Fabwelt, a ground-breaking concept that integrates blockchain technology into the heart of high-quality games of all types and genres.  DeQuest is a Metaverse hub with a focus on gamified learning and user reputation building, and as such Fabwelt fits our values and goals perfectly. Because of the wide scope of both their projects and what they’re attempting to achieve, they believe they have a lot in common and can’t wait to leverage their strengths to improve the GameFi space for the better. As DeQuest announced its Partnership with Fabwelt. Realms Realms are dedicated Game Pages that create an interactive and gamified experience for users, taking advantage of Web3 innovations along the way. Users visiting Realms can earn points by completing game-specific tasks and achievements, to then spend those points on a bespoke marketplace to purchase NFTs, participate in raffles and more. Everything happens seamlessly and effortlessly, providing a Web3-native experie...

Industry-leading play-to-earn and Metaverse platform, Nakamoto Games partners with Web3 Launcher Elixir Games. Escape is a 3D free-running survival game set to revolutionize the play-to-earn sector. Join a pool of players in navigating obstacles in a frantic race to the finish line, all while enjoying slick graphics and intense gameplay. Initially, Escape debuted on our website, but we are excited to bring it to the multitude of play-to-earn fans of Elixir. As part of partnership, Escape will soon appear within Elixir Games’ on-site catalog. Elixir will announce all Escape-related updates and developments as part of a broader cooperative marketing strategy to raise awareness and boost engagement. Current and future NFTs related to the game will also feature on their website. Escape and Elixir Games aim to introduce the gaming world to a new era through fun, high-end, and profitable Web3 games. By emphasizing playability and profitability, we will work together to build both platforms a...

What is exactly is Mortifer Game? Mortifer is a knowledge-based competitive shooter Play to Earn game, compounded with blockchain technology . Players fight each other, with the outcome of the battle determined by the proper weapon selection and strategy. Everything in the game depends on the player’s decision; the game does not feature any randomization whatsoever. The key elements are choosing the right configuration before the battles, maintaining rapid situational awareness and choosing a good strategy. Luck has no role, so whether the player can achieve victory is solely up to him or her. As a means to earn money, the players can win fights or trade their Mortifer Champions on the various markets. As Fandora Network Partnership with Mortifer Game. Game modes Players can choose between two gaming modes : free game (Training mode) and paid game (Battle Mode) mode before entering the Arena. Training mode (Free version) It does not require any NFTs. It uses NIL coin , which is ...

Celer will be partnering with Oasys, a game-focused blockchain, by providing support for both asset bridging and generic message passing for their ecosystem! It will integrate cBridge and the Celer Inter-chain Messaging (Celer IM) framework. To enable interoperability between Oasys and external blockchains. As well as building the bridging infrastructure within the Oasys ecosystem. In order to create a more smooth onboarding experience for the game-focused blockchain. Oasys is a new blockchain optimized for gaming that is working with notable AAA video game developers. The Oasys ecosystem consists of a “Hub” that connects to external blockchains, and multiple internal “Verses”. All have unique games and dApps built on them. This means that building with interoperability in mind is key. Where Celer IM and cBridge are able to help. Celer Partners with Oasys Celer’s support of Inter-chain Messaging on the Oasys Hub and various Verses enables dApps to create smooth cross-chain UXs. It...