Crypto Intelligence

Second edition of Aeternity Universe conference to be held at the Crypto Castle

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At the end of this summer, from Sept. 15 to 16, the Aeternity Universe Two conference is set to take place at Burgscheidungen Crypto Castle in Germany.

The Aeternity Universe Two conference follows the hugely successful first edition, which took place in Prague on Sept. 20 and 21 in 2019. 

This September, attendees have the opportunity to become a part of Aeternity’s blockchain history! The Aeternity Universe Two conference, consisting of the conference itself on Sept. 15 and 16 as well as a grand finale of the hackathon on Sept. 17 and 18, stands to draw in hundreds of blockchain developers, researchers, entrepreneurs, designers and enthusiasts all set on a common goal: to exchange knowledge, experiences, and best practices in an effort to grow and perfect the world of blockchain technology.

The Aeternity Universe Two conference will have its doors open for everyone and will present a unique business opportunity for all interested parties to engage in networking and showcase events. Numerous blockchain experts and backers will be available for conversation in a friendly in-house atmosphere, the perfect environment for ideas to grow.

Moreover, a wide range of development workshops will take place during the conference, facilitating intense knowledge transfers and allowing blockchain experts to gain info on the latest trending areas. Of course, Aeternity’s blockchain development team will be readily available to provide further insights into protocol development and the state of Aeternity.

Additionally, Aeternity Universe Two will feature a fully immersive art experience — both via 3D art and VR — which is sure to draw the attention of various artists and designers from the blockchain sphere. Allowing diverse sets of artists to engage with NFT technology, as well as physical and digital crypto art, will be sure to provide inspiration for future pieces.

Finally, the location itself — Crypto Castle. Dating back to the first millennia, it is one of the oldest, best-preserved baroque secular buildings in the Thuringian and Saxon-Anhalt region. Well-preserved and renovated, the castle now includes a dedicated hacker’s lab that is utilizing Aeternity’s blockchain technology. 

Early registration for Aternity Universe Two is open, as is the registration for the Aeternity Universe Hackathon that began remotely on Aug. 1 via DevPost.

The event is fully powered by Aeternity. Founded in 2016 by Yanislav Malahov, the Aeternity blockchain project was born out of a desire for a more fair internet supported by scalable, open-source and cryptographic software, with a commitment to technical excellence.

The Aeternity blockchain itself launched as the public Aeternity mainnet in 2018. It is now a blossoming community of enthusiasts supported via the Aeternity crypto foundation.

Engineered to scale and last, Aeternity is an easily accessible blockchain platform for the global public. With numerous innovative functionalities and performance far ahead of earlier blockchains, Aeternity allows its users and community to seamlessly venture into the new era of society, economy and digital interactions. Its core components are written in the functional programming and fault-tolerant language Erlang, and its Sophia smart contracts are also functional.


BENQI and Yeti Finance partner with KyberSwap to launch liquidity yield farming

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Singapore, Aug. 17 — BENQI and Yeti Finance have chosen to partner with the highly capital efficient KyberSwap in a joint initiative to enhance liquidity and provide the best rates for sAVAX and YUSD tokens on Avalanche (AVAX).

This first phase of this joint initiative is set to bring liquidity providers over $200,000 in liquidity mining rewards, with more incentives to come in the near future.

BENQI is a decentralized non-custodial liquidity market and liquid staking protocol built on Avalanche. Benqi Liquid Staked AVAX (sAVAX) is the token that users receive when staking their AVAX on the Benqi Liquid Staking (BLS) protocol. AVAX holders can get sAVAX by staking AVAX on BENQI.

This is not the first time BENQI has partnered with KyberSwap for its capital efficiency benefits. Learn about BENQI’s first joint initiative with KyberSwap.

Yeti Finance is a cross-margin lending protocol on Avalanche that allows users to borrow up to 21-fold against their portfolio of liquidity provider (LPs) tokens, staked assets such as sAVAX and yield-bearing stablecoins in a single debt position for zero interest. Borrowers receive YUSD, an overcollateralized stablecoin that can be swapped for additional assets and subsequently re-deposited into Yeti Finance to build a leverage position.

What is KyberSwap Elastic?

KyberSwap’s newest protocol, dubbed Elastic, is a tick-based automated market maker that gives LPs the advantages of concentrated liquidity and the flexibility to achieve capital efficiency and manage risks.

With concentrated liquidity, LPs have the flexibility to supply liquidity to an Elastic pool, either by concentrating the liquidity to a narrower price range or setting it to a wider price range. Concentrated liquidity would use the pool’s liquidity more efficiently, mimicking much higher levels of liquidity and achieving better slippage, volume and earnings for LPs while a wider range would ensure liquidity for uncorrelated token pairs such as USD Coin (USDC) and Ether (ETH) to remain active even with big price swings during high market volatility.

KyberSwap Elastic also has a reinvestment curve, which compounds fees by automatically reinvesting the fee earnings of LPs back into the liquidity pool so LPs earn higher APY while saving time.

LPs on KyberSwap Elastic can also choose from multiple fee tiers to select the best-suited rates for individuals, taking into consideration factors such as token volatility, individual risk appetites and more. In addition, KyberSwap Elastic comes with a Just-In-Time (JIT) Attack Protection feature, which protects LP earnings from snipe attacks that would reduce the earnings of other honest LPs. So, LPs can earn securely while enjoying peace of mind.

Starting from Aug. 17, 2022, liquidity providers can add liquidity to the eligible sAVAX and YUSD pools on KyberSwap Elastic on Avalanche and earn KNC, QI and YETI rewards.

With KyberSwap’s Elastic protocol, LPs can enjoy benefits such as concentrated liquidity and compounding fees, providing higher capital efficiency and optimized rewards. KyberSwap Elastic also has JIT protection, so LPs will have their earnings better protected and enjoy better peace of mind.

BENQI and Yeti finance pools on KyberSwap Elastic: Avalanche

Eligible pools and fee tiers:

  • sAVAX and AVAX: 0.01%
  • sAVAX and YUSD: 0.04%
  • USD Coin (USDC) and YUSD: 0.01%

A full list of eligible pools for yield farming on Avalanche can be viewed on kyberswap.com.

KyberSwap: Benefits for the BENQI and Yeti ecosystem

For traders: 

  • Best swap rates for sAVAX and YUSD through decentralized exchange (DEX) aggregation while letting users identify other tokens even before they trend or moon via on-chain metrics.

For LPs: 

  • Concentrated liquidity for sAVAX and YUSD pairs and any other tokens, stables and non-stables
  • Auto-compounded LP fees
  • Bonus liquidity incentives through yield farming
  • Sniping and JIT attack protection to protect earnings for BENQI and Yeti LPs.

For developers

DApps can integrate with KyberSwap’s pools and aggregation API to provide the best rates for their own users, saving time and resources.

With these benefits in mind, KyberSwap is proud to partner with BENQI and Yeti Finance in this initiative to enhance liquidity on Avalanche for the benefit of all four ecosystems.

About Kyber Network

Kyber Network is building a world where any token is usable anywhere. KyberSwap.com, its flagship DEX aggregator and liquidity platform, provides the best rates for traders in DeFi and maximizes returns for liquidity providers.

KyberSwap powers 100-plus integrated projects and has facilitated over $9.9 billion worth of transactions for thousands of users since its inception. It is currently deployed across 12 chains, including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Velas, Aurora, Oasis, BitTorrent and Optimism.


1,000 Ethereum enthusiasts to attend ETHSafari in Kenya

Taking place on Sept. 18 to 24, ETHSafari is an event that will be held in Kenya to bring together an auspicious group of 1,000 people from Africa and around the world to learn, hack, discuss and celebrate the Ethereum ecosystem, the decentralized future, the use cases transforming Africa, and the people that are building them in the continent. 

Safari means “journey” in Swahili. Everyone today is on this journey of decentralization together. The question is: Safari Wapi? Journey to where?

The event will host learning, hacking, speakers, discussions and celebrations to showcase innovation around the region and bridge the gap between the global Ethereum ecosystem and the African ecosystem. The event will feature five main tracks: DAOs, DeFi, Gaming, NFTs and impact.

For those that want to get up to speed before the hackathon, ETHSafari is hosting a two-day bootcamp on Sept. 18 and 19 with both in-person and online content. The hackathon will start on Sept. 1 and run through Sept. 22. It will pair teams with local and international mentors to take on critical challenges and will generally follow the five event tracks, but any teams can enter.

ETHSafari core contributor Sunny Satva said, “Great events leave space for others to bring their creativity and energy. We’ve purposely left lots of gaps in the Nairobi schedule so that our local frens can host events and meetups.” On Sept. 22, ETHSafari will board the “blocktrain,” aka the Madaraka Express, from Nairobi to the coast through the Kenyan savannah and Tsavo National Park with views of Mt. Kilimanjaro. Hacker teams will hack aboard the train while others will attend talks and meetups in other train cars. 

Everyone will then arrive at the venue Beneath the Baobabs in Kilifi to welcome drinks in the afternoon and a fireside chat in the evening. There will be a two-day conference to bring together global and local players, strengthening the bonds between ecosystems. The event will close with an epic celebration of the decentralized future on Sept. 24. 

Ethereum Foundation Africa Fellow and an instigator of ETHSafari, Benson Njuguna, said, “We’ve already had more than 300 signups for the event with nothing more than some dates and a logo announced to date. It shows that there’s huge interest in the space and we’re excited to fill a gap in hosting the very first Ethereum ecosystem event in the region, and setting the stage for many future ETHSafari events around the continent.”

Also launching at ETHSafari will be Artstorm.nft, a sister project of ETHSafari to transform brown spaces around Kenya into Green Art Spaces together with partners and the local communities.

About ETHSafari

ETHSafari is a DAO, established to raise the profile of African Web3 projects and bridge the gap with the larger Ethereum ecosystem around the world through conferences, hackathons and other projects across the continent. 

Learn more about ETHSafari on via its websiteTwitter or Instagram.

Support ETH Safari via its Juicebox.


Ceres announces launch of P2E game DEO Arena

Ceres is proud to announce the launch of DEO Arena, one of the first play-to-earn games in the Polkadot and Kusama ecosystems. 

DEO Arena is built on the Sora network and is currently available to play at deoarena.io. In its beta phase, DEO Area is available as a player-vs-player game, with each match costing 4 DEO tokens. Players receive points in each match, which are used to determine their rank on the leaderboard within the DEO Arena league. Each league season will last four weeks. A player must have played at least 100 games to enter the leaderboard.

The prize pool for the first season is a minimum of $20,000 in XOR, divided into four different ranks — meaning over 50% of all participating players could be eligible to win prizes!

There is also an optional NFT Boost, which gives you more season points while playing the game, but the game itself is purely skill-based. 

The maps in DEO Arena will be large enough to accommodate several players, which will be necessary when facing other players in Battle Royale mode, which will be available soon. A referral system will allow players to invite their friends to face off in DEO Arena and earn special prizes.

The Ceres team commented:

“It will be quite fun, as many players are going to face each other at the same time, and the last one to survive will take the tokens of all the others. This mode will attract the most attention from users since you can earn a lot with very little money — if you can win, of course.” 

See you in the arena!

About Ceres

Ceres has developed several DApps on the Sora network, including: Ceres Tools, the most trustworthy source of information about tokens on the Sora network; Liquidity Locker, a transparent safeguard for the liquidity of projects building on the Sora network; Token Locker, a service for vesting a project’s team tokens integrated with the Ceres Launchpad; the Demeter Farming platform; and most recently, DEO Arena.


Catheon Gaming announces partnership with Cointelegraph

Hong Kong and Sydney, Aug. 16, 2022 — Catheon Gaming, named by KPMG-HSBC as one of the 10 leading emerging giants in Asia Pacific and the world’s fastest-growing integrated blockchain gaming and entertainment company, and Cointelegraph Media Group, the world’s largest independent digital assets media holding, are pleased to announce a strategic partnership to further progress its shared vision of bringing forward the mass adoption of blockchain gaming and entertainment. 

Exclusive analysis and case studies from Catheon Gaming’s extensive game portfolio will highlight key developments occurring across the broader blockchain gaming market and the latest industry innovations. The partnership represents a significant boost to the blockchain gaming industry through Cointelegraph’s extensive reach comprising over 20 million readers worldwide. More details of the partnership will be unveiled in due course. 

Catheon Gaming is well positioned to deliver industry insights given its rapidly growing portfolio of 25-plus games published on behalf of a number of highly successful game development studios, with more than 50 million game cumulative downloads across the existing game portfolio.

About Catheon Gaming

Catheon Gaming, named by KPMG-HSBC as one of the 10 leading emerging giants in Asia Pacific, is the world’s fastest-growing integrated blockchain gaming and entertainment company.

Catheon Gaming is the only end-to-end platform providing world-class technical, publishing and partnership capabilities for the world’s leading game studios, companies and brands seeking to navigate their path into Web3. By being the partner of choice, Catheon Gaming has built the industry’s largest portfolio of blockchain games underpinning its vision to revolutionize the way people play, live and earn. 

About Cointelegraph

Cointelegraph is the leading independent publication focused on blockchain technology, with a global presence providing original content from all over the world. Local editorial teams publish unique insights in 11 different languages to a loyal community with interests in emerging technologies, investing and fintech applications. The digital news platform sits within the broader Cointelegraph ecosystem — which includes consulting services to promote blockchain adoption, market analysis and interviews with key figures — as the magazine news publication that delves deeper into key stories, educational content and social media. 

William Wu, co-CEO of Catheon Gaming, commented, “We are delighted to be partnering with Cointelegraph, the most influential platform in the blockchain community. We look forward to contributing high-quality educational content and expertise to Cointelegraph’s global audience. We have a firm belief that gaming will be the key driver in accelerating blockchain mass adoption, a shared goal of both Catheon Gaming and Cointelegraph.”

Anastasia Drinveskaya, creative director of Cointelegraph, said, “We are pleased to be partnering with Catheon Gaming, one of the largest and fastest-growing companies in the sector. We look forward to the thought leadership and industry insights that Catheon Gaming can deliver to our audience. We are excited to be shining a spotlight on the blockchain gaming industry, given the high potential for it to drive mass consumer adoption of blockchain technologies.”


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Starfish Finance to launch public sale on Tokensoft

August 15, 2022 — Starfish Finance is a pioneer project in the Astar incubation project and the first decentralized finance (DeFi) and nonfungible token (NFT) finance platform on Astar Network. It recently closed its seed round led by Next Web Capital, joined by GBV Capital, Parity, Acala, Infinity Ventures Crypto, Tokensoft, Paribus, Alphanonce, MindWorks Ventures, Popfield Ventures, MetaverseHub, Oriole Ventures and others. The round signals a deep and long-term collaboration between Starfish Finance and renowned strategic partners, and the protocol is vigorously supported.

The essence of Starfish Finance derives from the power of community. Since its conception, An exceptional amount of community members have gathered on the social media channels of Starfish Finance.

Their fraternity is now Astar Network’s most valuable and active society. Soon, the Starfish culture will propagate the entire Polkadot community with its unique lifestyle. 

The three Excaliburs of Starfish Finance

Based on an enhanced Balancer version 2.0 model, the architecture of Starfish Finance is built around three pillars: stablecoin liquidity pools, cross-chain DeFi and NFT finance.

  • Multi-token pools with multiple leading stablecoins

Starfish supports liquidity pools consisting of up to eight crypto assets with customizable weighting, offering more flexibility and risk management for DeFi users. Users can farm yields on Starfish’s stablecoin liquidity pools. In addition to Astar and Polkadot native stablecoins, the pools will support leading ones such as Tether (USDT), USD Coin (USDC) and Dai.

  • Boosting cross-chain liquidity efficiency

With its strategic partner Celer Network, a prominent cross-chain asset transfer technology, and the recent cross-consensus messaging format (XCM) update on the Polkadot ecosystem, users will be able to bridge their crypto assets seamlessly across different layer-1 (L1) and layer-2 ecosystems. Starfish Finance has plans to deepen collaboration with a wide range of decentralized protocols outside and inside the Astar network to enlarge the ecosystem. 

  • Cross-chain NFT lending and borrowing

Starfish’s partnership with Celer Network goes beyond just a ubiquitous DeFi bridge. This time, the latest Celer’s inter-chain message framework is fused within the Starfish Finance protocol. Users can securely lock their NFTs on their native chains, enabling them to borrow various crypto assets cross-chain on Astar Network. The beauty of such a mechanism is that users will not risk security issues locking their NFTs on cross-ecosystem bridges. In addition to Celer’s engineering, Starfish Finance adopts Decentralised Information Asset’s decentralized oracle to acquire tokens and NFT price feeds instantly across centralized exchanges and various L1 ecosystems, including multiple NFT marketplaces, decentralized exchanges and DeFi protocols. 

Liberating NFT liquidity 

NFT “hodlers” need not sell their beloved NFTs for instant liquidity. Instead, they can collateralize their NFTs to apply for a crypto loan on Starfish Finance. Moreover, lenders will be able to earn yields by providing liquidity in the Starfish Reserve Vault.

To ensure the collateralized NFTs will add more value than risk, Starfish will screen out NFTs that are not qualified as collateral. In the event of a liquidation, SEAN holders will have the chance to bid for blue-chip NFTs at a discount. Besides, once the Starfish decentralized autonomous organization (DAO) is formed, SEAN holders will have voting power to whitelist other cross-chain NFT projects.

The Starfish vision

Community

Starfish Finance is fundamentally community driven. Starfish values its community and endeavors to promote its spirit across communities in other ecosystems. Being part of the Starfish community is to participate in a liberal, fraternal and equal culture.

Collaboration

The Starfish team gathers tenacious believers in Web3. Its leadership actively seeks to partner with distinguished players in the blockchain economy to broaden Starfish users’ experiences in DeFi and NFT finance — on Astar Network and beyond. 

Convenience

Through its minimalistic user interface and lively graphics, Starfish unleashes the interoperability of assets between Astar Network and other L1 chains with a smooth user experience that fuses with Starfish’s open and easy-going culture. 

What’s next?

In the imminent future, Starfish is launching its public sale on Tokensoft, a tier-one and reputable initial DEX offering platform with a track record of successful token launches for prominent projects like Acala, Moonbeam, Litentry, The Graph, Avalanche and Tezos. In September 2022, Tokensoft will launch Starfish’s $SEAN tokens via two private rounds and one public round.

More strategic partnerships with non-Polkadot native projects will move forward simultaneously. Starfish will be at the core of the Polkadot DeFi ecosystem, and Starfish’s community will enjoy first-mover advantage at the early stages of development. Stay tuned for more Starfish Finance development and strategic partnership updates.


ZKSpace rolls out James Rodríguez NFT collection

After whitelist giveaway campaigns in June and July, ZKSpace, the leading zk-Rollup-based Ethereum layer-2 (L2) protocol, is set to roll out the public sale of the James Rodríguez “Zurda” nonfungible token (NFT) collection on Aug. 15, 2022. Zurda — meaning “left foot” in Spanish — is an official collection of commemorative NFTs created in collaboration with football superstar James Rodríguez to be issued on ZKSea, the NFT minting and trading platform of the ZKSpace ecosystem.

The “Zurda” NFT series is the first digital asset collection that assembles all key highlights from James Rodríguez’s illustrious football career spanning three continents. 

This limited-edition NFT collection contains 1,500 pieces in four rarity levels: one Platinum, 10 Gold, 400 Silver and 1,089 Bronze. With exquisite artwork digitally hand-painted by professional artists, these digital collectibles give fans a chance to relive iconic moments and build connections with the sports influencer’s global fan community of 70 million.

James Rodríguez is one of the greatest Colombian attacking midfielders of all time. Having a magical left foot and being able to play anywhere behind the front line, he is regarded as one of the most creative players in the game. He previously played for Real Madrid, Bayern Munich and Everton FC, winning a list of honors, including two Champions Leagues, two FIFA Club World Cups and a World Cup Golden Boot. 

In launching his commemorative collection, James Rodríguez has joined the likes of athletes like Cristiano Ronaldo — who previously announced his partnership with Binance — in exploring the possibilities of promoting the sport and engaging fans via the influential blockchain innovation of NFTs.

Online assets combined with physical gifts has proven to be a modern and fashionable way to bring fans closer to teams and players. The convergence of the sports industry and the exciting blockchain sub-sector NFT has also seen great success, one example being NBA Top Shot, the marketplace selling basketball video clips, generating over $230 million in sales within a year of its launch. 

The different rarity tiers in the “Zurda” NFT collection attach a higher value to the rare collectibles. By selling NFTs of different undisclosed moments through mystery boxes, it also makes the buying process fun and exciting, as no one knows when or what they will own, including the tier of rarity, until a box is opened.

NFTs with digital and real-world benefits

During the public sale, the Platinum and Gold NFTs, which are based on some of the most memorable moments of Rodríguez’s career, will be offered through an auction while the Silver and Bronze NFTs will be sold through mystery boxes two days after the auction closes.

The sole Platinum and 10 Gold NFTs were inspired by a total of 11 memorable moments, including Rodríguez’s 2014 Puskas Award-winning goal. The auction will begin on Aug. 15, 2022, at 7 am UTC, on ZKSea. 

The mystery box sale will go live on Aug. 17, 2022, 7 am UTC. The price of the mystery boxes is 0.15 Ether (ETH), and they contain “Zurda” NFTs in Silver and Bronze grades. Whitelisted participants will be able to purchase the mystery boxes for just 0.12 ETH. 

“Zurda” NFT holders can win signed jerseys and photos that ZKSpace has disclosed on Twitter, a video call or video recorded by James Rodríguez and access to multiple events on ZKSpace, including stake-to-earn events, future NFT giveaways and the ZKSpace Football Metaverse — all in celebration of the 2022 World Cup in Qatar.

Why issue on ZKSpace?

ZKSpace — formerly ZKSwap — is a full-featured L2 protocol leveraging zk-Rollups technology to provide users with an ultra-fast, cheap and secure way to transact cryptocurrencies. ZKSwap’s version 1.0 mainnet launched in February 2021 as the first Ethereum L2 zk-Rollup-based decentralized exchange. It implements all the functions of Uniswap on L2 and solves the problems of slow transaction speeds and high gas fees on the Ethereum mainnet. So far, ZKSwap has gone through three major version iterations — ZKSwap rebranded and upgraded to ZKSpace at the end of 2021 — and has carried out hundreds of function iterations and optimizations without any security incidents. 

ZKSea is the world’s first zk-Rollups-based platform supporting layer-1-to-L2 NFT mutual transferring and is the designated NFT-launch, -mint and -trade marketplace of the ZKSpace ecosystem. It is the blockchain technology partner of some prestige brands, including Coach New York, GQ Magazine, Shu Uemura, Atta and more. Moving forward, ZKSea will feature some exclusive NFT drops aside from the James Rodríguez commemorative-edition NFT collection, proving a popular alternative to L1 marketplaces and allowing more people to get involved in NFTs.

For new users looking to be a part of the NFT movement, ZKSpace also features a user-friendly fiat on-ramp, boosting usability and democratizing access to the exciting future of NFTs for anyone worldwide.


Solana-based ‘Collector’ building decentralised marketplace to capitalise on $700bn sub-market

Valuable physical collectibles — from precious stones to baseball cards — have always been highly sought after. While the digital age has reduced some transactional friction in collectibles marketplaces, the resulting gains for collectors have been heavily diluted by the high fees of e-commerce behemoths. Combined with shipping risks and potential for fraud, these barriers have held the collectibles market back from truly explosive growth.

Now, a new Solana-based project called Collector is stepping in to innovate, with a plan to save collectors billions of dollars by transforming the way they engage with their prized collections and each other.

Collector’s digital marketplace leverages blockchain technologies to weave a flexible, global network of vaulting and grading partners. Collector’s beta program rolls out to eager users this month ahead of its official launch for graded trading cards in 2022’s fourth quarter. Learn more about this opportunity here, along with information about exclusive ambassadorships for avid card collectors.

For collectors paying 10-to-15% fees to bite their nails during the tense shipping process, this new platform is a cause for celebration; Collector promises to reduce trading risks significantly and cut fees by as much as 95%. And for investors more familiar with the digital world of stocks and cryptocurrencies, this new way of trading collectibles makes for a more enticing investment than ever before.

So, just how big is the online collectibles market?

The card dealers

The market for collectibles is contested by the largest marketplaces on the web. Ebay, a top site for collectibles traders, reported 20 million new listings for trading cards in 2021’s first quarter, contributing around $1 billion in merchandising volume in that period.

PWCC, another major player, offers vaulting and marketplace services, especially for graded cards. It currently holds over 500,000 items in its vault.

Alt is a newer entrant to the vaulting scene, raising $75 million in funds late last year. Like PWCC, Alt offers storage and marketplace services to users in addition to loans collateralized by vaulted assets.

But there are some fundamental problems in the current system. For example, individual sellers on eBay can pay as much as 13.4% on their sales — not including other fixed listing fees. And even with such high fees, users still must navigate fake listings and fraudsters. Both PWCC and Alt provide a safer experience for collectors than eBay but still lack truly global reach. eBay has also opened its own vault to compete with plans to hold $3 billion in assets in a few years. 

The solution to a $50 billion problem

Collector is thinking one step ahead by developing a Solana-based system that integrates physical vaults from around the world into a decentralized, token-enhanced marketplace offering near-instant transaction settlement on a global scale. 

The blockchain primitives that Collector is developing include a physical-to-digital bridge, decentralized marketplace and collateralized lending protocols. Derived from now-ubiquitous nonfungible tokens (NFTs), Collector has dubbed the digital tokens powering its platform “pNFTs” to represent their physical-to-digital nature, as each token is inextricably linked to the physical item it represents.

Collector is also launching a native digital asset named COLL, which unlocks features like animated pNFT galleries and fee discounts. With COLL, users can pay fees as low as 0.5% — a 95% reduction compared to eBay. For investors seeking exposure to collectibles, liquid pNFT marketplaces create a unique opportunity to safely accumulate these assets.

Orion Depp, managing partner at Master Ventures Investment Management, shares this view: “Very few NFT projects have figured out how to accrue value for their tokens. Move-to-earn-industry leader Stepn (GMT) is one example of a successful project deriving value from real-world activity. Collector could be a similar, highly asymmetric opportunity, as it capitalizes on the massive $700 billion collectibles sub-sector while offering a marketplace experience similar to OpenSea or Solana’s Magic Eden.”

Unlike competitors, Collector is building a decentralized marketplace right from the start, with an ambitious roadmap to build a global network of trusted vault and grading partners. Collector’s token-incentivized ecosystem puts the community first and gives them control over the platform’s future.

About Collector

Collector is transforming the collectibles market by integrating physical ownership with Web3-powered digital marketplaces built on Solana. This means significantly less time, fraud, risk and fees than what millions of collectors currently experience while transacting trillions of dollars annually worldwide.

Collector’s native token COLL  is distributed as a reward and unlocks the platform’s full potential. This includes discounts, premium features and governance rights.

To learn more about Collector, visit collectorcrypt.com. To become a beta tester and future ambassador, jump directly to collectorcrypt.com/betapr.


Zoomex announced as Villarreal’s Official Crypto Exchange Partner

Great news for Zoomex in terms of new partnerships. Recently, Zoomex has teamed with Villarreal CF, where they have achieved a deal for the cryptocurrency trading platform to become the Official Crypto Exchange Partner for the Yellow Submarine for the rest of the season. In other words, the Zoomex logo will be prominently displayed throughout the 2022-2023 season, including on the back of the men’s first team’s uniforms. 

What did Zoomex plan for its community 

Because Zoomex has teamed with Villarreal CF, the company is giving away over 200 more tickets to fans so they may see Villarreal CF play live in Spain. A teaser campaign has recently been introduced, and people may participate by making guesses to win tickets. 

Later this week, the winners will be announced on the company’s Twitter page. The most recent promotion is the International Beer Festival Campaign, and consumers may submit a claim for their weekly allotment of USD 8 in beer cash. In addition, a significant marketing initiative titled “Sharing USD 100,000 Cash” will be rolled out to celebrate the collaboration. Simply sign in to your Zoomex account and keep up with the most recent happenings!

What is Zoomex?  

The Zoomex exchange is a cryptocurrency trading platform that uses cutting-edge blockchain technology. 

Zoomex wants to set itself apart from the competition by being known as a company that prioritizes its consumers and offers the highest possible level of protection for their possessions. Zoomex was established in 2021 and has since catered to more than a million crypto customers. The company has had great development over the course of the last year and is now ranked among the top derivatives exchanges on the CoinMarketCap. 

“As a young and fast-growing company, we are more than thrilled to partner with Villarreal CF in this special season to celebrate the club’s centenary. Zoomex and Villarreal CF share the same passion for being a benchmark in the industry. This deal brings us an opportunity to narrate the future of the crypto ecosystem to world football fans who never settle for the status quo and believe in faith,” said Amos.Z, founder of Zoomex. 

The Zoomex advantages

Zoomex ensures that its clients’ assets will remain secure by developing a trading environment with a one-of-a-kind security mechanism. The confidence of the platform’s users is put first, and the platform itself assures that the exchange will always operate honestly and openly. In addition, it protects the clients’ funds by using the most advanced multi-signature security system and cold and hot wallet systems. 

Even when the market shifts, Zoomex maintains its position as the industry leader in the financial sector. Trading in perpetual contracts for USDT as well as perpetual inverse contracts is supported. Customers have access to a wide range of trading settings thanks to the company’s support for over 50 different trading pairs for alternative cryptocurrencies, among which are trading pairs for USDT and BTC. 

Depositing and withdrawing funds is possible around the clock on the Zoomex platform, contributing to the trading environment’s user-friendliness. Trading conditions are improved as a result of the fact that they are able to deposit and withdraw their assets at any time they want. 


Kine Protocol announces zero-fee trading promotion

Aug. 12, 2022 — Kine Protocol has announced a zero-fee trading promotion for all users after its recent user experience upgrade completion. Meanwhile, the Cointelegraph-and-Kine Ask-Me-Anything event was held as scheduled, where Lei, CEO of Kine, explained the motivation of this decision and the vision of future decentralized finance (DeFi) standards. 

What is Kine and why is it special compared to other DEXs? 

Kine Protocol introduces the best trading experience in all aspects, including liquidity, capital efficiency, costs and speed to all derivative traders benefiting from its peer-to-pool liquidity model and hybrid infrastructure design. 

Kine is about trading derivatives in a simple and secure way — a derivative decentralized exchange (DEX) with the highest leverage and the lowest cost. 

Kine is a leading DEX delivering a fast, transparent and effortless way to trade derivatives on the Ethereum, BNB Smart Chain, Polygon and Avalanche chains. Kine’s protocol adapts a peer-to-pool liquidity model that ensures unlimited liquidity and low slippage. The liquidity pool allows traders to open and close derivatives positions according to trusted price feeds, avoiding the need for active market-making. The hybrid infrastructure design ensures even superior efficiency over most centralized exchanges. 

Main features: 

  • Kine is the first DEX to support 100-fold leverage.
  • Kine is currently ranked the third DEX on CoinMarketCap.
  • A more flexible position management feature allows users to hold multiple positions on the same asset and manage them separately. 
  • Kine’s copy-trading feature is an educational tool for new traders to observe, follow and learn from professional trading strategies. 

What is the meaning behind the zero-fee promotion? 

The competition between DeFi and centralized finance lies in the aspects of cost, efficiency, user experience, security and transparency. 

“I believe users do not choose between concepts but simply go for the best product that does better in all [the] above aspects. DeFi has natural advantages in security and transparency but normally doesn’t do well in the rest,” Lei said. 

With the recent completion of the users’ experience upgrade, Kine has made significant improvements in efficiency and user experience. “The increased number of active users and their feedback has given us confidence that we are on the road to victory. Now, we are ready to tick the last box cost and bring the competition to a new level. This is the main drive for the zero-fee promotion,” Lei said. 

Where does Kine’s roadmap lead to in the Web3 journey? 

Although the project is still in the early stages of development, Kine has completed several milestones with the app for user experience in-line with a brand concept of guiding more people to learn and benefit from the DeFi world more flexibly. 

The development of Web3 is changing rapidly. As one of the DEXs in the space, KINE pursues a high degree of decentralized product and innovation insight to speed up the process of the journey. From Kine’s Kickstarter project, a launchpad, to a nonfungible token marketplace, every detail consistently expresses the core of DeFi to include more who believe in Web3 and let everyone redefine and enjoy DeFi in their own way. 

Learn more about Kine: 

Official website | Twitter | Telegram | Discord 

For business cooperation, please contact prm@kine.io or marketing@kine.io.