Tag: NFT

Aloha DeFi combines the best features of decentralized finance with the growing ROI potential of NFTs to provide users with a unique opportunity to earn effortlessly. The network allows anyone to stake its native utility token, ALOHA. In return, they receive rare collectible NFTs. Uniquely, these NFTs also offer users more control over the platform's future developments.  Aloha already sees surprising adoption. For example, users staked over 8 million ALOHA in the first 24-hours of launch. These statistics fall in…

Dubai-based Investment firm FD7 Ventures has launched a $250 million micro-fund targeting Polkadot (DOT) and Cardano (ADA) projects. This is part of the investment firm's aim to expand its existing business portfolio.  $250 million Micro Fund FD7 Ventures revealed this move in a press release on February 28, 2021. According to the report, this development was part of opening an office in Bangalore, India. FD7 wants to build a presence in Bangalore, an area widely considered the home of India's…

From time immemorial, people have always loved to collect and store items they consider useful. From books, posters, stamps, Pokemon cards, games, souvenirs, etc., people have loved to collect things that resonate with their interests and passions.  Imagine owning your favorite celebrity's memorabilia or a virtual gallery of digital artwork, which you can take anywhere with you. Yes! This is possible through non-fungible tokens (NFTs) on the blockchain. NFTs are a type of crypto token representing physical assets and cannot…

Legendary Italian football club AC Milan has teamed up with Chiliz to launch its fan token (ACM). Supporters of the club will be able to participate in the club's governance and benefit from the partnership. Fan Utility Token The AC Milan Fan Token (ACM) is a utility token that will allow the club fans to exert symbolic influence on club decisions using the Socios app. Token holders will participate in surveys, earn non-fungible tokens (NFT) or even participate in exclusive…

The year 2020 is coming to an end, and it has been quite beneficial for the cryptocurrency industry. Despite ever-stricter regulations, Bitcoin (BTC) and altcoins have shown their strength in times of crisis, and new blockchain sectors have emerged. We take stock of upcoming trends for 2021. DeFi will consolidate to offer viable financial alternatives Decentralized finance (DeFi) has been the major story for the crypto industry in 2020. The explosion of the sector in the summer raised fears of…

Whether they rule the entertainment business or the fashion industry, big brands are always looking for new ways to increase their income. Lately, they delve into blockchain technology to boost brand awareness among the younger, decentralized, and crypto-powered generation. The NBA, Formula 1, and Nike are just of the major names looking to leverage blockchain into their favor. One might think that each of these corporations has a department of developers investigating new chain solutions 24/7. However, building the bridge…