CryptoDiffer News
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Essential real-time crypto news and market updates. More analytical content is now available on Twitter β€” x.com/CryptoDiffer

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Vote and choose the next projects for CryptoDiffer AMAs!

To be eligible to vote you must be a subscriber of @CryptoDiffer channel and join our Chat!
Anonymous Poll
12%
Loki (LOKI)
8%
Grin (GRIN)
14%
Tellor (TRB)
6%
Zcash (ZEC)
5%
Fetch AI (FET)
12%
Klaytn (KLAY)
6%
Enjin Coin (ENJ)
20%
TomoChain (TOMO)
8%
Constellation Labs (DAG)
10%
Hedera Hashgraph (HBAR)
​​⁠❗️Dear community, CryptoDiffer will hold an AMA with VITE in 1 hour at 12:00 PM UTC in the CryptoDiffer Telegram Chat!

10 best questions will be rewarded $10 each!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)

CHAT πŸ—£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
​​MiL.k Ecosystem Overview

Reward points issued by the partner companies of the MiL.k Alliance to the corporate users are exchanged within the MiL.k platform by MLK token, the key currency of the platform. The exchange rate of points changes in real time within the demand and supply of the platform.
​​NEW PROJECT ON THE RADAR

FinNexus
is building an open finance protocol to power hybrid marketplaces that trade both decentralized and traditional financial products. The first products available on FinNexus will be innovative tokenized assets with value based on real world cash flows.

FinNexus is not just one protocol, but in fact it is a collection of multiple protocols that together compose the FinNexus ecosystem. FinNexus v1.0 with the first batch of assets goes online in Q1 2020.

FinNexus partners currently include GENESIS Group, Consensus Labs, Hillstone, Bitrue, BKEX Capital and others.

The FinNexus project was initiated by two major founding investors, Wanchain and SuperAtom.
β–ͺ️Wanchain's technology will form the basis for the FinNexus platform, and the Wanchain team will provide comprehensive technical support for FinNexus.
β–ͺ️SuperAtom is a fintech company incubated by Cheetah Mobile. SuperAtom will play a key role in the FinNexus’s early stages by working together to tokenize the financial products which provide moderate and stable investment returns.

One of FinNexus’s goals is to provide the blockchain world with more assets with real value,
this principle is reflected via their innovative token issuance model called: Initial Convertible Token Offering (ICTO).

β–ͺ️FinNexus will issue the FinNexus Token (FNX), which will be convertable to an asset backed token with the symbol UM1S. The holders of UM1S are eligible to benefit with an annualized rate of return at over 10% paid in USDT (the return of the token is backed by the UangMe consumer loan business in Indonesia, with the originator SuperAtom).
β–ͺ️FNX token will be the sole utility token in the FinNexus ecosystem. Any FNX tokens not converted to UM1S during the conversion period are no longer eiligible for conversion and will remain as FNX tokens permanently.
β–ͺ️ FNX tokens which are converted to UM1S tokens will be reduced from the total supply of FNX tokens, reducing the maximum supply of tokens.

Moreover, 25% of FinNexus fees will be used for the buffer fund:

β–ͺ️The first role of the buffer fund is to stabilize FNX’s value (publicly buy back FNX once the fund team determines the price of FNX to have fallen lower than the market value or in the case that the fee scale falls).
β–ͺ️The buffer fund will be used to compensate users’ losses when an uncontrollable factor causes FinNexus users to lose their assets. The buffer fund will otherwise be invested in assets with stable return for value preservation and appreciation

We believe that FinNexus is a prominent DeFi project, with the innovative Token Offering Model, that worth to keep an eye on!

Website:
www.finnexus.io
Telegram: @FinNexusOfficial
Twitter: twitter.com/fin_nexus
⁠Highlights on the recent Matic Network Project Updates

Matic has expanded its Ecosystem & Integration Partners: Zawadi, TROY, Battle Racers, Blockade Games, Monolith, Trade Stars, MintFlint, ChainGuardians and others. Moreover, Matic has launched the Counter Stake event for MATIC staking, the Matic team has attended tons of conferences and development meetups to bring the Matic technology into masses.

πŸ‘‰ blog.matic.network/matic-network-project-updates-8
​​Matic Reveals the Matic Network Staking interface! Access to the interface is coming very soon!
πŸ‘‰ https://youtu.be/2F7vnn0X2rw
​​Funds raised on IEO in 2019

November appears to be the worst month in terms of the amount of funds raised via IEO in 2019.

Road was the only IEO in November, Road has raised 1,999,200$ on the OKEx Jumpstart.
The current ROI of Road is 4x and ATH was 5.1x.
​​Breed the newly introduced Purrstige Cryptokitty to unlock limited-edition CryptoKitties parts in BattleRacers!
Battle Racers utilizes Matic as their scaling solution of choice
πŸ‘‰ https://www.cryptokitties.co/kitty/1776083
​​Fantom (pFTM) has been listed on Incognito pDEX, the world’s first completely anonymous decentralized exchange, with pFTM/pUSDT trading pair
πŸ‘‰
medium.com/fantomfoundation/fantom-to-be-integrated-by-incognito-on-pdex-8a7499791156

Moreover, Fantom and XarNetwork have recently released the developer portal that has been setup to support the XAR Network, the developers, and the network participants
πŸ‘‰ https://docs.xar.network
​​Uniswap bans 10 countries from DeFi Protocol, demonstrating the need for principled DeFi companies

This fusion between campaigners and activists and the blockchain space has led to the beginning of PlutusDeFi in the hope of creating a defense in the form of DeFi technologies.

πŸ‘‰ https://medium.com/plutusdefi/defi-ban-begins-uniswap-io-b2e50f38cb40
⁠MARKET CAPITALIZATION OF EXCHANGE TOKENS
​​AMD Teams up with ULTRA to Enable Next-generation Blockchain-powered Gaming

Advanced Micro Devices (AMD) is a semiconductor company that designs and develops graphics, processors, and media solutions for both commercial and consumer markets. AMD has $6.3B in estimated revenue annually. AMD competes with NVIDIA, Intel, and Arm.

AMD and Ultra will cooperate on the technology side and on co-marketing activities to promote the use and proliferation of blockchain-based gaming technologies.
AMD will provide games in their graphic cards only redeemable on Ultra, also as promoting Ultra with contests and events to their customers.
UIltra and AMD will continue to explore additional collaborative activities in the future.

Read more: https://medium.com/ultra-io/amd-teams-up-with-ultra-to-enable-next-generation-blockchain-powered-gaming-142382125236
​​Rivex has released a preview of the WRDEX integrated with the Rivex Wallet!

Rivex is currently looking for people to test the Rivex Wallet and WRDEX. To become a tester and get the unique opportunity to try Rivex Wallet and WRDEX reach out to the Rivex team!

πŸ‘‰ https://medium.com/rivex-foundation/introducing-the-rivex-wallet-and-wrdex-430a33d70157
​​GET Protocol (GET) expands to Asia market and got listed on the HotBit exchange

πŸ‘‰ https://www.hotbit.io/exchange?symbol=GET_ETH
​​BetProcotol is the latest project building on Ethereum & Matic Network to use Matic token for their private sale.

A $50,000 worth of BEPRO private token sale at a 20% discount. The proceeds of the sale to be used for community scholarship initiatives of BetProtocol to promote building on BEPRO & Matic Network!

πŸ‘‰ https://medium.com/@betprotocol/betprotocol-and-matic-network-announce-joint-bepro-private-sale-and-scholarships-1989eb6455a2
​​Binance Will List Community Coin Vote Winner VITE on the 13th of December at 2:00 PM UTC
πŸ‘‰ https://www.binance.com/en/trade/pro/VITE_BNB
​​Lessons From Brexit: How To Protect EU Citizens From Fake News by dGen.org

πŸ‘‰ http://read.dgen.org/brexit
⁠❗️Dear community, we glad to announce voting results for the next CryptoDiffer AMAs!

We decided to choose 4 winners! They are Tomochain (213 votes), Tellor (164 votes), Klaytn (124 votes) and Loki (122 votes)! Congrats!
According to AMAs timing, we will contact projects and negotiate soon!

We would like to πŸ™πŸ» thank the community and projects that have actively taken part in the voting process.
⁠❗️Dear community, CryptoDiffer will hold an AMA with BitMax on the 20th of December at 9:00 AM UTC in the CryptoDiffer Telegram Chat!

The rewards pool is $100 USDT for the 5 best questions.
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)

In addition, 5 lucky winners will receive $20 USDT each filling up this form up to AMA starts
πŸ‘‰https://forms.gle/YwGxcvFxFnnNmaLg9

CHAT πŸ—£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
​​Several platforms and DeFi products allow users to earn a stable interest rate by lending their crypto.

We used Coinmarketcap's "Earn crypto from crypto" tool to aggregate interest rates and terms of lending/borrowing.

The infographic presents annual rates for lending some cryptocurrencies on platforms like Crypto,com, Fulcrum, Bitfinex, Celsius Network, Nuo, Compound, dy/dx, Nexo.

The most widespread assets available for lending on almost all the analyzed platforms are Stablecoins, moreover, these assets have the highest annual rates.

πŸ‘‰ https://interest.coinmarketcap.com