ZeeroZone and Ethereum are two platforms leveraging blockchain technology to address issues associated with traditional games. These decentralized platforms offer NFTs, which improve the experience of online gaming.
Similarly, NFTs address the problem of centralized ownership of assets which causes gamers to overspend in traditional gaming.
Zeerozone and Ethereum profer solutions to limited payment systems that have secluded gamers in regions where the payment platforms do not function.
ZeeroZone and Ethereum
Zeerozone (ZEZO), like other blockchain games, has made gaming a commercial activity. Here, players explore the ecosystem and use spaceships for hunting for treasures.
Further, they increase their chance of success by allying with other players. If the alliance succeeds, they can mint whatever treasures they find into NFTs and sell them on the NFT marketplace.
Meanwhile, Ethereum (ETH) is an open-source platform that provides solutions like decentralized finance, digital currencies, and decentralized applications (e.g., blockchain games).
After Bitcoin, Ethereum is the second largest cryptocurrency project in terms of market cap. Moreover, Ethereum’s smart contract framework allows developers to launch NFTs.
How ZeeroZone and Ethereum revolutionize gaming with NFTs
Centralized gaming platforms spend lots of time, energy, and resources building games. Therefore, they always control all in-game assets and currencies. Also, they use every opportunity to bill players and recover their expenses.
Players usually purchase cosmetics and items to boost their game characters to progress to the next level. Despite the amount spent on these items, the developers eventually retain the money and value of the assets.
On the other hand, ZeeroZone(ZEZO) and Ethereum (ETH) leverage NFTs to take ownership of gaming assets possible. Accordingly, gamers now have the opportunity to make real money as they play games.
The play-to-earn model attracts millions of players globally, raising the blockchain gaming industry to $3 billion in 2021.
ZeeroZone (ZEZO)is a play-to-earn game that players can use as a source of passive income. On ZeeroZone (ZEZO), players receive rewards in the form of NFTs, which they also fully own. Players may sell an NFT for ZEZO tokens or trade it for another NFT within the game.
The first and largest NFT marketplace, OpenSea, was built on the Ethereum blockchain. The platform currently boasts some 80 million non-fungible tokens, including the most expensive collections. NFT collectors who purchase these items retain ownership unless they sell or transfer them to others.
ZeeroZone (ZEZO) and Ethereum (ETH) provide solutions to global payment
Online games are sometimes restricted to a particular geographical location. Therefore, it might be challenging for players in other regions to subscribe to or purchase gaming items. More so, such limitations can lower a game’s number of players and reduce its revenue.
On the other hand, the ZeeroZone (ZEZO) game and Ethereum (ETH) blockchain use cryptocurrencies as a means of transaction. Their payment solutions are helpful for people from every corner of the globe with access to the internet.
Further, ZeeroZone (ZEZO) provides players a secure wallet upon registration. Players can store ZEZO tokens in this wallet and use it to purchase different items such as spaceships, planets, artifacts, etc. As Zeerozone’s adoption increases, the ZEZO token will also increase in value.
Smart contracts and blockchain-based web 3.0 services started with Ethereum (ETH). Also, it hosts the most extensive DeFi services like Uniswap, Sushiswap, OpenSea, and AAVE.
The following are advantages of using Ethereum:
- Transfer funds to any location and receive them within minutes
- Store digital currencies in a secured and anonymous wallet.
- There are no central scrutinization or limits to transactions.
- Borrow and lend money on a decentralized protocol.
Zeerozone (ZEZO) intends to provide players with adventurous entertainment and immersive gaming. At the same time, players can earn real money in exchange for time spent in gameplay.
Visit Website: http://zeerozone.com/
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The Don’t Look Up festival is set to be the largest gathering of crypto-minded experts, amateurs and enthusiasts in Africa, aimed at exploring both the technology’s impact on Web3 and emerging opportunities for investors.
To help crypto enthusiasts harness opportunities in Africa, Bitcoin Events returns with its fourth edition of Crypto Fest — the largest gathering of crypto industry leaders, entrepreneurs and experts and taking place both virtually and in person at the Grand Africa Cafe and Beach on Sept. 30, 2022.
Crypto Fest 2022 will be a one-of-a-kind experience for crypto crusaders. Under the theme of “Don’t look up,” entrepreneurs, traders, investors, developers and enthusiasts will engage in hard-hitting conversations, sparking critical debates on the impact that crypto, nonfungible tokens (NFTs), decentralized finance (DeFi), Web3 and the Metaverse will have on the worlds of finance, investment, art, music, sport, gaming, entertainment, marketing, governance and more.
Sonya Kuhnel, co-founder and director of Bitcoin Events and organizer of this year’s festival, said: “Change is inevitable, and the world is — slowly but surely — realizing the impact that crypto and crypto-related technologies are having on the future of industry. Yes, the world of crypto has had its fair share of ups and downs, but the proof of concept is there, and it’s only a matter of time before the sector bounces back. Now’s the time to look up and explore where opportunities lie. Now is the time to learn as we prepare to leap into a new era.”
Attendees can look forward to a jam-packed day of keynotes, presentations, competitions, product exhibitions and performances from more than 30 global innovators and thought leaders in the cryptocurrency, NFT, DeFi, Web3 and Metaverse space.
The event includes a keynote address by Polygon’s South African business development lead Michael Jordan, an exploration into crypto innovation and regulation by Mazars partner and digital assets lead Wiehann Olivier, routes towards mass crypto education and adoption across Africa with FTX Africa business development manager Nolu Mashologu, a panel discussion hosted by Bakari’s Daniel Kimber, who will lead a conversation outlining how to best manage risk with DeFi investments, and a discussion presented by sportsmen Kyle Brown and Sean Roberts defining crypto and the role it’s going to play in South African sport.
Crypto Fest 2022 will debut an NFT gallery and a Metaverse gaming zone featuring NFTs from various local artists. The NFT gallery, showcased by Libex, a South African-owned NFT marketplace, will host “Lightning Talks,” where attendees can interact, network, win prizes and experience the world of virtual reality in the Metaverse gaming zone.
South African musician and fine artist Arno Carstens will be hosting a 15-minute “Lightning Talk” discussing his latest collection of minted artworks.
“I’m excited to be part of something that is still developing and being able to connect with people who are as excited as I am. The human mind is drawn to the possibilities of what can be, and it’s the potential of this that I am excited about,” Carsons shared. “NFTs and the Metaverse are technology in their infancy. Crypto Fest 2022 is a place where developers, artists and collectors can come together on this voyage of discovery. The idea of being self-sovereign is such a light at the end of the tunnel for a lot of people.”
Commenting on this year’s program, Jordan from Polygon said: “The world of cryptocurrencies can be a complex one to navigate — more so for those with limited exposure to the ecosystem and understanding of the technology’s impact potential. For this reason, we’re excited to be partnering with Crypto Fest 2022 to provide a platform for more people to learn, explore and understand how they can get involved with one of the most disruptive developments in finance and industry since the abandonment of the gold standard 50 years ago.”
About Bitcoin Events
Bitcoin Events was established in 2014 by Sonya Kuhnel and Theo Sauls to address the lack of education and information available to individuals and organizations in Africa on the opportunities and challenges that blockchain technology and cryptocurrencies offer. Over the past eight years, Bitcoin Events has hosted events, workshops and educational meetups, successfully hosting over 15,000 attendees from 165 countries.
About Crypto Fest
The fourth edition of the Crypto Fest, under the satirical theme “Don’t Look Up,” can be defined as people’s inability to deal effectively with climate change. It uses the metaphor of a comet threatening to destroy planet earth, and instead of looking up and responding to the imminent danger, people prefer to be distracted by pop culture and goofy memes. Change is coming to the crypto-DeFi-NFT-Web3 space too, and now is the time to “look up” and see the changes — and also the opportunities.
In the hunt to build a successful Web3 gaming infrastructure, many companies are taking advantage of fast-developing blockchain technology in novel and creative ways. One of the leaders in this is Web3Games, which earlier this year secured $4M in funding to launch its integrated platform for blockchain gaming.
Established in June 2021, Web3Games demonstrated its bona fides by working with Alibaba to complete their so-far only NFT issuance through one of their brands (See details). Building on this success, and having secured the necessary funding, Web3Games will soon launch its IDO on DaoMaker.
According to its founder, Web3Games’ vision is to “Bring back the digital ownership of in-game items to players”.
“I’m also a gamer and understand the problems of traditional gaming. A lot of games will remove all player information after the game is shut down. Those are all gamers’ memories and achievements. That makes me realize the importance of digital ownership.” – KK Chen
By tapping into the potential of NFTs and DeFi, Web3Games offers a next-gen gaming ecosystem where players and developers can take ownership of their gameplay. The project provides a number of solutions – such as blockchain networks, development frameworks, and tools that allow developers to manage and players to play their own games.
Web3 Game Development
One of the primary challenges in creating this ecosystem is providing Web2 developers with the necessary infrastructure to adapt to Web3. Many Web2 developers do not have experience in Web3, an obstacle which can make the changeover seem difficult.
Web3Games helps developers overcome this hurdle with their API-as-a-service Protocol, specifically built to help Web2 gaming companies seamlessly integrate into the blockchain. The Protocol allows developers to conveniently access and distribute on-chain assets like NFTs and game tokens, and provides high efficiency and low cost for games integrated on Web3. Through the Web3Games Protocol, game developers are given the freedom to access and distribute blockchain assets, encouraging game studios without Web3 experience to make the jump by massively simplifying the process.
Attracting Gamers to a Web3 World
Beyond attracting developers, Web3 Gaming is also working hard to attract players. Web3Games has developed its Studios as a hub to foster up-and-coming blockchain games and digital culture by attracting developers who’ve worked on successes like Call of Duty, Diablo, and more. Their experience and talent are seen as a key draw for new players.
Web3Games Studios is set to launch over 6 games in 2022, including a Match-3 battle game– CryptoEmpire; a poker NFT game– W3POKER; a tower defence game– Guardians of Arcanum; and a web3 music game –DEBEATS. The variety of genres and gameplay is designed to suit all different kinds of players, expanding the user base.
In addition to the record of the developers working in the Web3Games Studios, the Portal also aims to draw in new players by serving as the Web3 version of Steam – a one-stop-shop where gamers can share, discuss, upvote projects, and easily access games produced by Web3Games studios and other gaming companies.
On the Portal, the players’ profile – their Player ID – is connected with users’ emails, social media, and wallets in various chain networks. Gamers can log in via email and don’t have to import private keys. This offers more convenience and security, and a straightforward way for users to access their virtual assets. Both ease of access for gamers and the launch of a wide variety of games are designed to encourage players to join the Web3 revolution.
A Web3 Gaming Ecosystem
The Web3Games platform is designed for playing, creating, developing, and “all things blockchain gaming.” Web3Games is based around 4 core products: Protocol, Portal, Studios and Chain;
Protocol is designed for developers to use in conjunction with blockchain technology, and Studios offers further support and collaboration with game developers to create streams of immersive blockchain games. The games are distributed and accessed by players through the Portal, which also provides a setting for token and NFT sales. Web3Games proprietary Chain is the backbone of the platform, a substrate-based solution for a faster, more secure, blockchain gaming experience.
Web3Games is dedicated to lowering barriers for entry into the Web3 world, simplifying blockchain integration for developers and attracting gamers with first-rate products. Web3Games is delivering on the promise of increased accessibility and convenience offered by Web3 by creating a full gaming ecosystem, a hub and support system for both players and creators.
About Web3Games
Web3Games is an integrated blockchain gaming ecosystem that includes 4 core products: Portal, Protocol, Studios, and Chain.
We aim to help traditional game developers integrate their gaming products with blockchain, making gaming assets decentralized and permissionless, and bringing back the digital ownership of in-game items to players.
Aada Finance, a crypto assets lending platform, announces the imminent launch of the Aada Finance V1 lending and borrowing protocol on the Cardano mainnet. The release is scheduled for Sept. 13, making Aada V1 the first lending and borrowing protocol to launch on the Cardano mainnet.
Aada V1 leverages the first-mover advantage
After months of public testnet, Aada Finance is finally ready to deploy its eagerly anticipated app. The release brings lending and borrowing to Cardano, introducing decentralized finance (DeFi) primitives to the network for the first time. The event marks a significant milestone in the blockchain’s development, which will surely benefit the entire ecosystem.
Aada Finance plans to launch in anticipation of the Vasil hard fork, which will update the Cardano network. The team aims to leverage the first-mover advantage thanks to its V1 protocol’s peer-to-peer approach. While it provides a straightforward and efficient solution, the smart contract concept will mitigate future risks associated with hard fork migration.
A successful external audit to ensure high-level protocol security
A crucial aspect of the protocol’s security was the external audit. It was carried out by Vacuumlabs, a crypto and fintech company and a subset of WingRiders with extensive audit experience. Some of their accomplishments include finding security flaws in two top 10 cryptocurrencies and developing security guidelines for a renowned hardware wallet.
The Vaccumlabs’ thorough code review was a necessary step to ensure robust and risk-free smart contract implementation before the mainnet launch. It also aligned with Aada Finance’s product-first approach, which will allow users to lend and borrow safely and seamlessly without putting their funds at risk.
About Aada Finance
Aada Finance is a fully decentralized lending and borrowing protocol built on the Cardano blockchain. Its smart contracts allow users to lend and borrow assets in a peer-to-peer manner using the unique nonfungible token bond strategy.
Other unique features introduced by the platform are multi-asset lending and borrowing and the Aada 3-Node Liquidation Oracle. The latter plays an essential role in enabling lenders to liquidate their loans in the event of rapid loan health factor downfall.
The upcoming Aada Finance release culminates several months of work and development. The team acknowledges and is thankful for the community’s patience and support during the project’s early stages. To this end, it pledges to continue to follow its core principles of community-centric commitment and a build-first approach to Cardano DeFi.
For more information about Aada Finance and the Aada Finance V1 app, please follow the links below:
Website | Application | Twitter | Telegram | Medium | GitBook | GitHub | Discord
FMFW.io (“Free the Money, Free the World”) Exchange is thrilled to announce its third-anniversary celebration with an official NEARStarter partnership announcement and series of campaigns that will positively impact and expand the Near and FMFW.io ecosystems.
In April, the FMFW.io team announced the development of a tokenized incubator and a launchpad on the Near blockchain — NEARStarter. NEARStarter is a launchpad component of FMFW.io’s incubation, acceleration and funding system for projects deploying on the Near Protocol. The launchpad will provide its community access to the latest and greatest projects launched on Near and Aurora.
NEARStarter’s journey was ignited by a $50,000 grant offered by the Near Foundation Grant Program. Ever since, NEARStarter has gained more than 10,000 members, welcomed 10 international Near guilds, and entered into strategic partnerships with companies, such as Atocha Protocol, Near Tinker Union, Tonic DEX, Few and Far, Tracer and others.
FMFW.io celebrates its third anniversary joined by a select group of notable partners including Bantu Blockchain Foundation, FILMCOIN, Wallex, Tune.FM and Trade The Chain, so watch out for their upcoming AMAs, podcasts, giveaways, and competitions in the coming weeks across all FMFW.io channels.
The FMFW.io community is 1.2 million members and counting worldwide. The exchange offers 500+ spot trading pairs across five base currencies, as well as a wide variety of markets and instruments to fulfill the needs of every trader. With its high liquidity, FMFW.io offers up to 12x leverage for margin trading and up to 100x for futures trading. Currently, the exchange offers over 90 margin pairs and 20 perpetual futures contracts.
“I’m thrilled and proud of what our entire FMFW.io team has been able to accomplish in these past three years, which have been interesting, to say the least. I’d like to thank our partners, the community, and everyone who continues to support and work with us. We are super excited, and there’s lots more to come, so watch this space.” – Danish Chaudhry, CEO of FMFW.io
Enter the epic NEARStarter contest!
NEARStarter will kick off FMFW.io’s birthday celebrations in a big way: a contest where community members can win exclusive and limited-edition NEARStarter x FMFW.io merchandise and non-fungible tokens (NFTs), trading discounts, tier access, VIP perks and more! You can learn more about the NEARStarter x FMFW.io contest here.
NFT Vicious Fishes Collection
Vicious Fishes is NEARStarter’s exclusive NFT collection. Each of the initially released NFT beasts will grant its holder an allocation of NEARStarter native token NSTART equal to the listing price of each NFT.
For more information on the Vicious Fishes Collection, please check further details here.
FMFW.io Anniversary competitions
FMFW.io thanks its loyal partners for coming together and taking part in the anniversary activities, including the launch of brand new features, trading competitions, NFT and merchandise giveaways and AMAs across twitter, telegram and discord.
Traders and crypto enthusiasts will be able to compete for prizes up to $100,000 equivalent in tokens. To make it all sweeter, FMFW.io offers new traders a whopping 70% discount on trading fees.
Join FMFW.io now and trade with 70% OFF on trading fees.
Take a closer look at all the action that will happen during FMFW.io’s three-year anniversary, including some incredible prizes to be won: click here.
Referral Program
Traders and crypto enthusiasts can take advantage of the anniversary activities by inviting their friends to join FMFW.io Exchange and earn together. Learn more about how you and your friends can make the most out of the FMFW.io three-year anniversary here.
About FMFW.io
The mission of FMFW.io is to empower people worldwide to trade cryptocurrencies with ease and confidence, from first-time traders to advanced trading professionals. With high liquidity, 24/7 multilingual support and dozens of trading pairs complemented with a high level of security, it offers an easy to use and robust platform for trading cryptocurrency.
Telegram | Twitter | Blog | Website
About NEARStarter
NEARStarter is a next-generation launchpad and tokenized incubator with full capabilities and resources to support the world’s best decentralized finance and Web3 entrepreneurs to hyper-scale and launch their projects on the Near blockchain.
Telegram | Discord | Twitter | Blog | Website
The women behind Web3 Summit announced today that Wendy O, who runs The O Show on YouTube and Yu-Kai Chou, author of Octalysis and founder of MetaBlox, will be the keynote speakers at the first Web3 community event to headline Art Basel in Miami from Nov. 30 to Dec. 1, 2022.
Among the 5,000 attendees, journalists and influencers from Cointelegraph, Entrepreneur, and Crypto Slate will be in attendance. A press room will also be available for speakers and exhibitors to make announcements and take interviews. This is one of the largest community events to headline Art Basel, with JChains as MC. Doors open at 9:30 am on Nov. 30 and close at 5:30 pm on Dec. 1, 2022.
Web3 Summit founder Kimberli Bruce said “Our goal is to promote and support women in Web3, and by doing so, we hope to bring more balance between women and men, not just in Web3 but as a whole. Our planet is off balance, but equilibrium begins with us, then everything else around us comes together.
In addition, women really need to be recognized for the difference they make and everything they inadvertently bring to the table. To quote Josh Stern, ‘behind every successful man is a woman.’”
About Web3 Summit
The Web3 Summit aspires to spread the power of optimism. We strive to ensure everyone who attends our event walks away feeling they have become a part of a great community, having gained knowledge to grow as better people, in business and in our personal lives. We value and honor each and every individual’s contribution and support to making this event become a reality.
The premier crypto event World Blockchain Expo announced Dubai as its next destination, with the event to be held on Oct. 15, 2022. History is repeating itself again, but this iteration of the event will be in Dubai.
The World Blockchain Expo will bring an opportunity for blockchain business owners, startups and individuals who are thinking about moving their businesses forward onto the blockchain by means of funding opportunities and expert guidance.
The World Blockchain Expo Dubai 2022 (WBE) will feature technology leaders and concept advocates within the blockchain industry. The event’s organizers recently announced over-subscription in terms of sponsors and investors, which has exceeded expectations. The event now anticipates attracting over 30 sponsors.
In addition to sponsor and investor interest, WBE has managed to attract some industry heavyweights in terms of speakers like Metaverse speaker and NFT tech founder Mario Nawfal, Huobi Global business development manager Michela Silvestri, Luna PR founder and CEO Nikita Sachdev and Yard Hub CEO Yaroslav Shakula.
The list continues to grow in every sense, as the organizers have indicated that they are in talks with many more speakers. With all these ingredients in place, World Blockchain Expo should be on the to-do list of every fintech professional or those looking to start their Web3 path.
“It is imperative for all blockchain and technology enthusiasts to have platforms for knowledge-sharing and discussion of adoption strategies, and The World Blockchain Expo Dubai 2022 is an event that offers just that. I am delighted to be a part of an event that promises to be a conduit in the development of this global tech phenomenon,” said the operational manager of World Blockchain Expo.
“Events of this nature are of critical importance in exploring the widespread utility of blockchain, and I stress that all like-minded individuals put it on their To-Do list,” he added.
Innovators from this emerging tech environment will be traveling from countries worldwide including the United States, United Kingdom, Switzerland, Russia, Malaysia and India.
Attendees can expect an exciting program and insights from visionary speakers working with blockchain, participation in roundtable discussions and networking sessions to connect with key industry leaders and investors, and facilitated business meetings.
The event is open for registration, with early bird tickets available until Oct. 13.
The leading digital asset and cryptocurrency trading platform MEXC firstly is introducing a 0 maker fee rate offering for all spot traders from August 31. The 0 maker fee policy applies to all spot trading pairs on MEXC. This marks a ground-breaking level of user experience that has been brought to the crypto space for all traders.
For now, reports show that MEXC reaches a spot daily trading volume of $1.6 billion, and more than 1,500 trading pairs are listed on MEXC, according to CoinMarketCap. While the 0 maker fee policy is introduced, more than 7 million users worldwide will benefit from the promotion in every single spot trading activity.
With the value of “users first, service foremost,” MEXC keeps making efforts and remains competitive regarding the user experience in the ever-changing cryptocurrency market since being founded in 2018. Especially over the past months, the MEXC team has successfully pushed the boundaries. In April, MEXC firstly introduced its NFT Index product to help people around the world take part in nonfungible tokens (NFTs) more affordably. In August, MEXC introduced MX/USDT perpetual trading and then launched a trade mining feature on the platform, with more still to come.
MEXC Global vice president Andrew Weiner commented, “As the first exchange in the industry to announce zero maker fees for all spot trading pairs, MEXC continues to win support and trust from our user community every time the market changes. We are dedicated to making the user experience more effortless and seamless.”
The promotion opens on Aug. 31 at 15:00 (UTC) until further notice. For more details, please stay tuned to the MEXC website for official announcements.
About MEXC
MEXC is the world’s leading cryptocurrency trading platform, providing one-stop cryptocurrency trading services for spot, exchange-traded funds, futures, staking, NFT Index, etc., and serving more than 7 million users worldwide.
The core team has a solid background in traditional finance and has professional financial product logic and technical security guarantees in terms of cryptocurrency products and services. In October 2021, MEXC Global won the title of “Best Cryptocurrency Exchange in Asia.”
Currently, it supports the trading of more than 1,500 cryptocurrencies and is the trading platform with the fastest launch speed for new projects and the most tradable categories. Visit the website and blog for more information and follow MEXC Global and MEXC Research.
After tremendous success with its prominent presence at last year’s Gitex Dubai, crypto incubator and advisor TDeFi is returning to the Middle East’s premier technology gathering, which promises to be even bigger and better than last year.
Gitex Global (Gulf Information Technology Exhibition) is one of the world’s most influential gatherings in the tech industry. Attended by more than 250,000 people from over 140 countries, the event brings together many of the sector’s brightest minds and greatest innovators to discuss the state of the space, showcase new products and identify emerging opportunities.
More than 4,000 exhibitors will be taking part in Gitex Dubai 2022, including hundreds of the most active VCs from over 30 countries. More than 1,000 prominent speakers will deliver over 280 hours of exclusive content live on stage from the Dubai World Trade Center between Oct. 10 and 14, 2022. The packed Gitex agenda will span every corner of the industry, from cybersecurity, energy and education to healthcare, Web3 and digital cities. It’s the ultimate technology networking event, attended by some of the sector’s most revered luminaries.
Leaders from more than 1,200 private companies, government entities and startups — including many of the tech industry’s most successful organizations — descend on Dubai each year for the Gitex conference, representing more than 170 countries. GITEX dates back to 1981 and has since grown into one of the industry’s must-attend events, where exhibitors and presenters from all corners of the globe come together to share knowledge and show off their latest innovations.
This year, TDeFi will again participate at Gitex with an exhibition of its portfolio showcasing its latest projects. TDeFi is an incubator and advisory firm for blockchain startups, affording them seamless access to many resources, such as high-quality mentorship, financial support, marketing, community building, exchange listings, liquidity provisioning and growth hacking partnerships.
One of the most memorable events from last year’s Gitex was BizThon 1.0, a unique blockchain hackathon where over 10,000 participants put their collective brainpower together to turn their blockchain-based business ideas to life with the help of TDeFi and its partners. After months of offline developing, 25 finalists were selected to pitch their ideas live on stage in front of an esteemed panel of judges. This year, TDeFi will host BizThon 2.0 with the help of partners including MythX, Metamazonia, Faith Tribe, Edverse, Vulcan Forged, Sinverse, Bridge Network, EQ8 and more than 30 of its portfolio companies.
TDeFi is excited to once again be taking part in one of the region’s and planet’s most important gatherings of the technology industry.
About Gitex Dubai
Gitex Dubai is one of the world’s biggest and most influential technology conferences, attended by over 250,000 participants representing more than 140 countries. This year’s event will have more than 4,000 exhibitors, 800 startups and over 1,000 speakers, with the roster including some of the space’s most prominent names. It will be held in Dubai, UAE from Oct. 10 to 14, 2022.
About TDeFi
TDeFi incubation provides access to world-class mentors, industry connections, transactional token economics, network of experts in technology, marketing and community, exchanges, liquidity and growth hacking partnerships. It seeks projects not just looking to survive, but those looking to thrive for years to come and disrupt the status quo in their respective fields.
London, the United Kingdom, Sept. 2 — Reef, a layer-1 Substrate-based blockchain for decentralized finance (DeFi), nonfungible tokens (NFTs) and gaming, announced today its highly anticipated Reef Card is now available for people in the United Kingdom and Europe.
Reef has been working with Baanx, an experienced partner for revolutionary Web3 financial solutions, to create and produce Reef Card. Reef Card, powered by Baanx, is part of the Mastercard crypto debit line. Due to COVID-19 and material production delays, the card was put on hold until this year. Now it’s officially available to everyone in the U.K. and European Economic Area.
Denko Mancheski, CEO of Reef said, “We feel good about the future of Reef, and over the past year, we’ve been working hard with Baanx to get Reef Card out. We’re excited to have it available now and allow hodlers the opportunity to spend their cryptocurrencies in the physical world.”
Crypto debit cards have become a hot ticket in the physical world as they add another layer of utility to tokens and the cryptocurrency landscape. Reef Card owners will be able to spend their crypto and have their card convert it to fiat only at the time of purchase, and they will be able to use their card at over 90 million merchants worldwide and even withdraw fiat at certain ATMs. To start, Reef Card will be available as a physical card and Google Play right away. Apple Pay will come next.
Garth Howat, CEO of Baanx said, “It’s very exciting to see that more companies and communities are adopting our solutions to bridge the gap between DeFi and traditional finance. We’ve been working hard with the Reef team on this project, allowing the community to enjoy Reef’s ecosystem to the fullest.”
Reef continues to evolve and expand its blockchain, quickly gaining momentum on the lead to becoming one of the top five Web3 blockchains. Recently, Reef launched an NFT division, attended Binance Blockchain Week in Dubai, launched ReefScan V2, and a new REEF Community Staking Bond. Reef Card is another innovative addition to the rise of the chain and its native token, REEF.
About Reef
Reef’s Substrate-based layer-1 blockchain with smart contract functionality offers an intuitive user experience, high scalability and low fees, helping the ecosystem to be a go-to platform for NFT projects. Reef is the most advanced Ethereum Virtual Machine-compatible blockchain with smart contract functionality. Based on a nominated proof-of-stake consensus mechanism, the network offers low fees and scalability, as well as myriad features, including native token bridges, on-chain governance, recurring payments and much more. Eventually, the platform will also support an additional virtual machine that will allow developers to write code in several different programming languages.
About Baanx
Baanx offers fintech services to the digital asset sector, including Cryptodraft and payment authorization integration into Visa, Mastercard and other transaction payment systems. Baanx headquarters are in London, U.K. with subsidiaries in Delaware, United States, Portugal and Lithuania. Baanx manages digital assets with maximum privacy and security. The company is launching services for more than 25 top-tier clients, including Ledger and Reef. Baanx is managed by a seasoned team with over a hundred years of combined experience in banking, financial technology, cryptography, finance and digital marketing.