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Coinbase targets crypto demand in Australia’s $600B self-pension market as digital assets see increased fanfare. Meanwhile, India’s financial regulator has suggested a multi-oversight approach to cryptocurrency trading. This move is part of a broader move by several countries to adopt digital assets into their daily financial dealings.
Moreover, new cryptocurrency releases, listings, & presales are attracting investors’ interest in the market. Therefore, InsideBitcoins compiles a list of assets worth examining to ease the tedious search for these tokens.
New Cryptocurrency Releases, Listings, and Presales Today
99Bitcoins has secured over $1 million in funding and plans to engage its community by distributing $99,999 worth of Bitcoin to its early supporters through an airdrop campaign. Meanwhile, IMPERIUM leverages blockchain for decentralized transactions, boasting improved security and transparency as it challenges traditional banking systems.
On the other hand, the Verida Network provides a decentralized database infrastructure emphasizing user ownership, control, and security of personal data. Moreover, as inefficient miners leave, Bitcoin mining costs drop to $45K.
1. IMPERIUM (IMPCOIN)
IMPERIUM utilizes blockchain technology to facilitate decentralized transactions. The project promises enhanced security and transparency, positioning itself as an alternative to conventional banking methods.
The project’s collaboration with Deutsche Bank introduces virtual cards that integrate with the cryptocurrency, simplifying online transactions for users and potentially increasing the currency’s adoption. Moreover, IMPERIUM’s whitepaper elaborates on its commitment to financial inclusivity and user empowerment through its technological framework.
Furthermore, the total supply of IMPCOIN is capped at one billion units. The distribution of these tokens is strategically planned, with 20% allocated for an initial public sale, targeting early investors and contributors. Also, 10% is reserved for ongoing technological development and maintenance, with 30% supporting ecosystem growth through marketing and partnerships.
Another 30% is earmarked for staking and governance, rewarding network participants, and allowing them to vote on key decisions. The remaining 10% compensates the development team and advisors, with vesting periods to align their interests with the project’s long-term success.
"Unique NFT IMPCOIN is available for purchase! Get your hands on an exclusive digital asset that reflects the values and potential of the IMPCOIN project. Don't miss the opportunity to own this one-of-a-kind NFT and invest in the future of digital assets today!" pic.twitter.com/G3sCIWqUp6
— ImperiumRgk (@B_IMPERIUM) April 9, 2024
The IMPCOIN roadmap outlines future goals and collaborations to enhance the platform’s offerings and user base. This structured approach indicates a dedication to maintaining and expanding the platform’s reach and functionality through continuous innovation.
Its strategy and framework also suggest a thoughtful approach to establishing a foothold in digital finance. The focus on a secure, user-empowered network aligns with current trends toward decentralized finance solutions.
2. pSTAKE Staked XPRT (STKXPRT)
The pSTAKE Finance platform is a comprehensive multichain liquid staking protocol backed by Binance Labs. The protocol caters to blockchain ecosystems such as BNB Chain, Solana, and Cosmos. Its core function enables users to securely stake major crypto assets, receiving liquid staked tokens (LSTs), termed stkTokens. With this, they can leverage decentralized finance (DeFi) protocols to generate additional yield.
Furthermore, the protocol offers a stake delegation mechanism driven by an intelligent algorithm relying on on-chain decentralization parameters. This strategy aims to contribute towards the decentralization of networks. Moreover, pSTAKE Finance aligns itself with leading blockchain security firms such as Halborn, Hexens, and Oak Security, among others, to ensure a secure liquid staking experience.
In addition, the protocol has integrated with Ceffu Global (Binance Custody), which offers institutional-grade liquid staking services. PSTAKE, the protocol’s governance and incentivization token, has partnered with key players like Binance Labs, DeFiance Capital, and Coinbase Ventures.
To catalyze the emerging BTCfi industry, pSTAKE Finance is gearing up to launch a premier liquid staking solution for Bitcoin, utilizing Babylon’s BTC Staking Protocol. This initiative aims to unlock yield opportunities for Bitcoin holders, enabling them to earn rewards while maintaining asset liquidity.
1/ Just in: $PSTAKE is now listed on @aerodromefi on @base.
🌉 Bridge PSTAKE from Ethereum to Base: https://t.co/6ozjXPCk7D
🌊 Trade or add liquidity to the PSTAKE/USDC liquidity pool: https://t.co/78lbVOlrZJ
Incentives 🔜
Learn more 👉🏼 https://t.co/6yhbcNOuVa pic.twitter.com/hPpXoabt74
— pSTAKE Finance (@pStakeFinance) May 16, 2024
Likewise, deploying a liquidity pool on the Aerodrome Finance Automated Market Maker (AMM) DEX signals pSTAKE Finance’s expansion to the Base Chain. This strategic move enriches the protocol’s liquidity and presents an avenue for onboarding new users from a burgeoning chain with growing traction.
Through Superbridge, PSTAKE holders can seamlessly bridge their assets to the Base Chain and contribute liquidity to the PSTAKE/USDC pools on Aerodrome Finance. This integration marks a significant milestone for pSTAKE Finance and the broader Persistence One ecosystem. It also facilitates liquidity growth and user adoption across different blockchain networks.
3. Verida (VDA)
The Verida Network offers a decentralized database infrastructure that prioritizes user ownership, control, and security of personal data. Through its multi-chain interoperability and decentralized identity framework, it tackles the prevalent data security issues found in both Web2 and Web3.
A “user-pays” model is central to Verida’s operation, where users are responsible for their storage needs. This move emphasizes data protection over commercial exploitation.
Moreover, participation mandates developers and storage providers stake the native utility token, VDA. This fosters a data economy conducive to secure storage and trusted sharing.
Verida’s protocol empowers users with greater control and privacy, diverging from centralized models. Objectives include open-source interoperable Web3 infrastructure and off-chain data integration with decentralized applications.
Meanwhile, Verida aims to enable privacy-preserving business models, challenging centralized incumbents while meeting regulatory requirements. Plus, its decentralized data network is open, extensible, and interoperable.
@MEXC_Official is going to commence Verida(VDA) trading at 01:00 PM (UTC) on May 16th, 2024.
Previous Listing starts at 12:00 PM (UTC) on May 16th, 2024
Current Listing starts at 01:00 PM (UTC) on May 16th, 20243/4
— Verida 💜 (@Verida_io) May 16, 2024
Verida provides comprehensive tools like SDKs for developers to integrate decentralized identity and storage into their applications. Likewise, the Verida Wallet offers users a secure platform for managing decentralized identities, keys, and interactions with the network and supported blockchains.
The Verida Network, comprising protocol, technology, and documentation, offers a decentralized ecosystem for data sharing, discovery, and value distribution. In addition, developers can contribute to network improvement, while service providers can run nodes.
Verida Network represents a significant advancement towards a decentralized data economy, promoting trust, security, and user control. Also, its innovative approach holds promise for disrupting industries and technologies.
4. 99Bitcoins (99BTC)
99Bitcoins has printed over $1 million in funding, supported by its renowned platform, recognized for its accessible blockchain education. The project’s development team intends to distribute $99,999 worth of Bitcoin to early community members through an airdrop initiative.
In addition, 99BTC introduced the concept of “Learn-to-Earn” to reward holders. Hence, this improves their blockchain knowledge through interactive courses and quizzes on the 99Bitcoins platform. As users progress, they earn 99BTC directly to their wallets, with long-term holders benefiting from attractive APYs currently set at 1468%.
The project’s tokenomics structure, detailed in its whitepaper, is receiving commendation for its strategic distribution. With a capped total supply of 99 billion tokens, allocations include 10.5% for presale buyers, 14% for staking rewards, and 44.5% for community incentives and project growth funds.
#RWA tokens are gaining momentum, bridging the gap between #Blockchain and real-world assets. With their rising popularity, they're transforming both #DeFi and traditional finance!
Learn more about the hype behind RWA!
👉 https://t.co/EQcD5diY6j#99Bitcoins #TradFi #Crypto pic.twitter.com/HN43hIQ518
— 99Bitcoins (@99BitcoinsHQ) May 16, 2024
The airdrop campaign aims to reward 99 winners with a share of the prize pool, with over 6,900 entries received. Anticipation is high for the forthcoming July 19th announcement of winners. The 99BTC token emphasizes education, strategic tokenomics, and enticing rewards, presenting a promising proposition for crypto investors.
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