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.
▪️Wanchain's technology will form the basis for the FinNexus platform, and the Wanchain team will provide comprehensive technical support for FinNexus.
▪️SuperAtom 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).
▪️FinNexus 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).
▪️FNX 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.
▪️ 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:
▪️The 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).
▪️The 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
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.
▪️Wanchain's technology will form the basis for the FinNexus platform, and the Wanchain team will provide comprehensive technical support for FinNexus.
▪️SuperAtom 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).
▪️FinNexus 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).
▪️FNX 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.
▪️ 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:
▪️The 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).
▪️The 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.
👉 blog.matic.network/matic-network-project-updates-8
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.
👉 blog.matic.network/matic-network-project-updates-8
Matic Reveals the Matic Network Staking interface! Access to the interface is coming very soon!
👉 https://youtu.be/2F7vnn0X2rw
👉 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.
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
👉 https://www.cryptokitties.co/kitty/1776083
Battle Racers utilizes Matic as their scaling solution of choice
👉 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
👉 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
👉 https://docs.xar.network
👉 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
👉 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.
👉 https://medium.com/plutusdefi/defi-ban-begins-uniswap-io-b2e50f38cb40
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.
👉 https://medium.com/plutusdefi/defi-ban-begins-uniswap-io-b2e50f38cb40
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
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!
👉 https://medium.com/rivex-foundation/introducing-the-rivex-wallet-and-wrdex-430a33d70157
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!
👉 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
👉 https://www.hotbit.io/exchange?symbol=GET_ETH
👉 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!
👉 https://medium.com/@betprotocol/betprotocol-and-matic-network-announce-joint-bepro-private-sale-and-scholarships-1989eb6455a2
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!
👉 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
👉 https://www.binance.com/en/trade/pro/VITE_BNB
👉 https://www.binance.com/en/trade/pro/VITE_BNB
Lessons From Brexit: How To Protect EU Citizens From Fake News by dGen.org
👉 http://read.dgen.org/brexit
👉 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 🙏🏻 thank the community and projects that have actively taken part in the voting process.
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 🙏🏻 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
👉https://forms.gle/YwGxcvFxFnnNmaLg9
CHAT 🗣 https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
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
👉https://forms.gle/YwGxcvFxFnnNmaLg9
CHAT 🗣 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.
👉 https://interest.coinmarketcap.com
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.
👉 https://interest.coinmarketcap.com
Funds raised by IEO's
1. Binance $56,000,158
2. Okex $22,398,000
3. Bittrex $19,790,000
4. Gate $17,833,500
5. Huobi $17,340,000
6. KuCoin $12,600,000
7. DeversiFi $10,000,000
8. BitMax $3,680,000
9. Bibox $2,640,000
1. Binance $56,000,158
2. Okex $22,398,000
3. Bittrex $19,790,000
4. Gate $17,833,500
5. Huobi $17,340,000
6. KuCoin $12,600,000
7. DeversiFi $10,000,000
8. BitMax $3,680,000
9. Bibox $2,640,000
TOP 10 PERFORMING ICOs VS TOP 10 BEST PERFORMING S&P 500 STOCKS OF THE DECADE
We decided to compare the current ROI of the TOP 10 ICOs and S&P 500 best-performing stocks of the past 10 years.
CNBC with help of FactSet has prepared the list of the best-performing stocks in the S&P 500 in the past decade. While we used Coinist to prepare the list of top-performing ICO's.
Expectedly, top cryptocurrencies like Ethereum, Binance, and IOTA have outperformed returns from top stocks multiple times.
BUT, it is interesting that the list of top stocks is closed by Nvidia with 1472% of ROI which has a way higher ROI than Qtum that closes the list of top ICO`s (504%).
The results appear to be quite eye-opening, stocks are perceived as very stable assets with low returns but here we see 10 assets from S&P 500 list with performance a way higher than most of the cryptocurrencies.
P.S. Most of the ICO projects on the list are less than 5 years old, this should remind you that we are at a very early stage:)
We decided to compare the current ROI of the TOP 10 ICOs and S&P 500 best-performing stocks of the past 10 years.
CNBC with help of FactSet has prepared the list of the best-performing stocks in the S&P 500 in the past decade. While we used Coinist to prepare the list of top-performing ICO's.
Expectedly, top cryptocurrencies like Ethereum, Binance, and IOTA have outperformed returns from top stocks multiple times.
BUT, it is interesting that the list of top stocks is closed by Nvidia with 1472% of ROI which has a way higher ROI than Qtum that closes the list of top ICO`s (504%).
The results appear to be quite eye-opening, stocks are perceived as very stable assets with low returns but here we see 10 assets from S&P 500 list with performance a way higher than most of the cryptocurrencies.
P.S. Most of the ICO projects on the list are less than 5 years old, this should remind you that we are at a very early stage:)
Wanchain and @FinNexusOfficial announce “Insights,” the online blockchain summit
👉 Join as a Presenter
👉 Join as an Audience
👉 Join as a Presenter
👉 Join as an Audience
