GPU Manufacturing Giant Nvidia Leaves Crypto Mining 5635

Media accounts are leaning toward blaming a supposed lack of interest in cryptocurrency as the reason US chip behemoth Nvidia has backed out of the mining industry. It was only a little over a year ago the company hoped to make an impact in the space. Whether it’s the industry losing steam or the simple fact Nvidia was beaten, the GPU and semiconductor player has officially packed its bags.

“We believe we’ve reached a normal period as we’re looking forward to essentially no cryptocurrency as we move forward,” Colette Kress, Nvidia CFO confirmed. “Our revenue outlook had anticipated cryptocurrency-specific products declining to approximately $100 million, while actual crypto-specific product revenue was $18 million, and we now expect a negligible contribution going forward,” Ms. Kress detailed.

Nvidia (NASDAQ: NVDA) is a chip-making giant, a global force in the tech industry. It ranks as a staple of top 100 components on boards like Nasdaq and S&P, metrics to determine the relative financial health of a given sector. The quarter-century old US company announced just a little over a year ago it would be entering cryptocurrency mining, and everyone took notice. It appeared Nvidia would soon become an industry leader just through heft. It has not turned out that way.

“Although crypto revenue may not be large,” the Nvidia CFO stressed, ”it still has a derivative impact on our stack in terms of what we are selling and to both replenish the overall channel and such. So, over the last several quarters, that we had stabilizing that overall channel, we did get the great effect of selling just about everything and our margins really been able to benefit from that.” And it’s a financial truism at this point: crypto can be brutal.

It’s rumored the company was lured into the mining sector through demand for its GPU cards, until then thought mostly reserved for gamers. Miners needed more and more GPU cards, more capacity, and, the theory goes, Nvidia took notice. However, that was the unicorn price year of 2017, when crypto surged and seemed only destined to ascend.

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Algorand Looks to Prove Why Algoracle Is Needed in the Contemporary Blockchain and Crypto Sector 4516

As the complexity of current dApps (decentralized applications) on Algorand grows, so must the infrastructure, notably oracles, to enable significantly higher and better feature sets. In the Algorand ecosystem, Algoracle’s opinions on off-chain computing are therefore worth discussing in key detail.

What is it exactly?

Since smart contracts are unable to access external data on their own, all Web 3.0 technology is built on the foundation of the most crucial of blockchain middleware, oracles. The current generation of decentralized oracle networks therefore seeks to connect real-world, off-chain data to blockchains. As the complexity of contemporary dApps grows however, oracles must also mature and expand to accommodate significantly higher and deeper feature sets as aforementioned.

The next major frontier in oracle development is indeed off-chain computing, which essentially allows oracles to handle significantly more advanced programming logic as well as data aggregation requests on behalf of smart contracts in a permissionless way before publishing the data on-chain. As such, streamlining and enhancing the functionality of oracle off-chain computation not only greatly improves smart contract execution, cost efficiency, and scalability, but it additionally provides decentralized applications with an excellent quality of life features that we often take for granted in Web 2.0, which includes things like push notifications and transaction automation, without requiring dApps to rely on multiple services with varying levels of centralization.

Why is any of this important?

It is simple to envision that as teams construct more sophisticated dApps, the kinds of data sourcing, processing, and computing will become increasingly complicated. An application would often need to pull data from numerous sources while applying certain parameters and filtering logic. Aggregating data from several APIs, selected statistical methodologies, and various data types implies that these activities quickly get needlessly complex. As a result, more efficient methods of doing off-chain processing and applying logic to various circumstances and use cases are critical.

Furthermore, most EVM oracles currently offer rudimentary ways for requesting certain APIs, allowing users to choose the URL or JSON from which to send data, although they do not natively support data aggregation logic. Aggregated data streams are frequently built up or enabled on a case-by-case basis, resulting in data centralization and inflexibility regarding logic application.

A considerably superior oracle design, from the perspective of a developer, would thus enable off-chain data aggregation for general computation. Simply put, oracles should function similarly to Layer-2 smart contracts, where any high-level programming language may be utilized to execute trustless reasoning. Builders ought to have access to a uniform interface that is pre-programmed with this specific goal in mind.

So what’s the issue and how can Algorand help?

Sadly, due to outdated code and the necessity to manage backwards compatibility for current clients, the previously mentioned crucial quality-of-life changes and additions are extremely difficult to execute in existing V1.0 oracles. Attempting to roll out improvements that would improve off-chain computing in present state oracles would hence be analogous to adding new components to an already-flying airplane. Due to this, most oracle V2.0 upgrades would often still leave developers maintaining a plethora of interfaces, both for data feeds and Layer-2 operations.

Algoracle is working on creating a unified interface with off-chain processing in mind, made possible by the intelligent implementation of the Algorand consensus. The significance of Algorand’s Pure Proof of Stake (PPoS) consensus is that its advantages can be simply duplicated for oracle data. The PPoS strategy, based on the Byzantine consensus, avoids standard Proof-of-Stake (PoS) security issues by fortifying the network with an emphasis on a transparent majority without bias based on each validator’s entire stake.

In other words, instead of forced token lockups and the risk of big stakeholders exerting monopolistic control over the network in PoS, PPoS will instead introduce an egalitarian method which randomly selects validators from the entire validator body, thereby removing entry barriers along with any minimum stake requirements.

Since its inception, Algorand has been able to achieve incredible performance, scale, and 100% uptime because of this random selection mechanism, also known as the Verifiable Random Function (VRF) cryptographic sortition. Silvio Micali, the creator of Algorand, was a fundamental architect behind the concept of VRFs, which are now one of the most important building elements for cybersecurity and cryptography applications.

The importance of VRFs

Essentially, a VRF is a tamper-proof random number generator. Such a resource is extremely beneficial for smart contracts dealing with lotteries, auctions, assignment or selection of roles, or any other activity that requires trustlessly verified unpredictability.

Algoracle can deliver a superior ‘VRF-as-a-service’ offering while also creatively deploying VRFs at the node network consensus level to reach peak oracle efficiency by piggybacking on Algorand’s PPoS consensus and bottom-up creation of a unified interface.

By integrating VRFs at a lower level, Algoracle is hence able to deliver improved reliability and effectiveness. Algoracle’s implementation of VRF in PPoS consensus, which ensures assured random sampling of validators, permits not just next generation off-chain computing, but also many essential functionalities taken for granted in the Web 2.0 world that currently evade the offers of oracle providers today.

About Algoracle

Algoracle, the first dynamic, decentralized oracle network constructed on the Algorand blockchain, was developed in the autumn of 2021 and won first place in the Encode’s Algorand Hackathon.

The goal of Algoracle is to provide easy and accessible oracle solutions to help dApps built on Algorand access off-chain data safely, precisely, and fast. By providing decentralized participation which is guaranteed for all independent node operators and users wishing to contribute to the network for economic stimulation, Algoracle intends to be the most reliable, secure, and easy up-to-date real-world data source.

Algorcale believes that real-time data is incredibly useful and should be transmitted in a straightforward, accurate, and timely manner. It therefore aspires to be one of the blockchain sector’s major open-source oracle networks in the decentralized data processing ecosystem.

Also, Brave New Coin, Amberdata, Kaiko, and Nomics, are just some of the current partners. Meanwhile, Bankrolled, Glitter Finance, Equito Finance, Upside Finance, Prismatic, Webblen Network, Mercury Labs, AlgoGuard, and others are the major clients. In terms of biggest achievements, the seed round was successfully closed, and a vital partnership with Amberdata was also established. The mainnet launch, as well as the launch of the GORA token, along with providing VRF and computation capabilities are among the main points of focus for the next 12 months.

Popular BTM Operator: Bitcoin of America Welcomes Shiba Inu Coin to Its Bitcoin ATMs 5668

Bitcoin of America has officially announced the newest addition to their Bitcoin ATMs (BTMs). Shiba Inu coin is now available at Bitcoin of America ATM locations. Bitcoin of America has more than 1800 BTMs across 31 states. They recognized the growing popularity of Shiba Inu and decided it was time to include it in their BTMs. Bitcoin of America also offers Bitcoin, Litecoin, and Ethereum options. This news comes after their recent addition of Dogecoin in March of this year.

Bitcoin of America is a popular virtual currency exchange registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). They are known for their top-of-the-line customer support while also providing a fast and hassle-free transaction.

Bitcoin of America makes it easy for everyday businesses to get their hands on a Bitcoin ATM and for customers to buy Bitcoin. They take care of their host locations by providing passive income, increased foot traffic, and marketing. They even handle customer support and any maintenance/installation services.

The popular operator has made many updates to its BTMs and services over the past year. They launched their universal kiosks, which operate as a traditional ATM combined with BTM functions. Bitcoin of America has created a point-of-sale system for their tablet program, which has allowed businesses to accept cryptocurrency as a new form of payment. Bitcoin of America is constantly expanding and improving its services.

Data Mynt Payment Processing Platform Now Supports Bitcoin Payments 5658

Data Mynt, a leading provider of simple, stable cryptocurrency payment products, now enables payments over the Bitcoin network, which already supports roughly 225,000 transactions per day and $30 billion USD dollar equivalent volume per day worldwide (as of publishing).

Data Mynt merchants and partners join the 15,000 retailers that accept Bitcoin today, making it the world’s most widely used digital asset for payments. Retailers include Twitter, Whole Foods and Overstock.com.

Now the Data Mynt payment processing platform enables payments from any wallet and asset across the $2 trillion combined market cap (as of publishing) available to make a payment over the Bitcoin, Ethereum Mainnet and Polygon networks.

The Data Mynt payment processing solution enables merchants and enterprises to expand their payment options for their customers and partners. At the same time, it reduces payment processing costs and eliminates frictions such as chargebacks and crypto price volatility.

“As a payment processor, it only makes sense for us to enable our merchants and partners to accept what the world already accepts—the biggest cryptocurrency,” noted Data Mynt CEO Alex Christian. “Almost one-quarter of the US population owns Bitcoin. Many other countries such as Brazil, Indonesia, UAE, Singapore, Israel, India, Mexico, and South Africa have even higher adoption rates. Data Mynt merchants can feel good knowing they offer these Bitcoin owners another payment option.”

The dedicated Data Mynt global sales team began rolling out its payment platform in Q1 of 2022.

About Data Mynt

Data Mynt is a leading crypto payment processor. Its wallet, asset and blockchain-agnostic suite of solutions offer partners and merchants an omnichannel approach to accepting on-chain crypto payments free from volatility and the risks and costs of traditional payment methods. The Data Mynt payment platform is also designed to streamline implementation delivering a seamless customer experience. DataMynt.com

Sleep Future Launches World’s First Sleep Wellness Sleep-To-Earn Ecosystem Build On Blockchain 4969

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13 March 2022 – SINGAPORE – Singapore based company Sleep Future announces the launching of the world’s first Sleep-To-Earn mechanism built on blockchain. Sleep Future is the world’s first blockchain-based sleep wellness ecosystem, with the goal of improving the global community’s sleep quality and health. With the dual goal of advancing sleep technology R&D and providing a real-world benefit in the Sleep Future ecosystem, Sleep Future is offering the world’s first Sleep-To-Earn mechanism to reward the global community for sleeping and earning $SLEEPEE tokens.

Some of the key features of the Sleep Future ecosystem include:

  • SleepTown (experience center): 3 Physical Experience Centers in Singapore and 2 Physical Experience Centers in Malaysia
  • Sleepee (Monitoring Apps): iOS & Android Sleep Tracking Device. Sleep-to-Earn (Blockchain Technology). DeFi Element (Stake for rewards and earning boosts).
  • SleepDoctor (Sleep Specialist): In-house & Partner Sleep Clinic.
  • SleepStore (Marketplace): Sleep related products and services 
  • SleepEdu (Wellness Education): Online education for Best Sleep & Healthy Lifestyle
  • SleepCloud (Data Intelligence): Computing, Storage, Networking, Security, Big Data and AI, for R&D purposes

After a good night’s sleep, users can earn $SLEEPEE tokens every day. Users are awarded with $SLEEPEE tokens based on the quality of their sleep. This is accomplished with a sleep tracking app that is backed by cutting-edge sleep science and technology.

What makes Sleep Future Unique?

Apart from an industry first concept, the Sleep Future project aims to take on the web 3.0 with its innovative approach. Amid growing popularity of play-to-earn, Sleep future has brought a Sleep-to-earn ecosystem. Users can acquire and stake $SLEEPEE tokens to increase their sleep-to-earn earnings and exchange for a slot to convert their $SLEEPEE tokens (in nominal balance) to convertible balance where they can use $SLEEPEE to buy products and services in our SleepStore. Users can also purchase sleep-related products and services at offline lifestyle experience centers and SleepTown. The project is to collaborate with sleep-related businesses to provide financial assistance in order to help every firm in the sleep ecosystem succeed.

Why Sleep-To-Earn Is Beneficial – Because of the pandemic, lockdown, and increased use of electronic gadgets and stress, the world is not sleeping enough, and the quality of sleep is poor, resulting in greater physical and emotional difficulties.

Many people are suffering daytime sleepiness, which may be affecting their ability to function at their best in school and at work. SleepFuture is dedicated to building the first blockchain-based sleep wellness ecosystem that will collaborate with other sleep partners to incentivize the community to sleep properly. Sleep Future is the first blockchain project in the sleep wellness area to be supported by reputable sleep businesses.

How Sleep-To-Earn Works?

Users can earn $SLEEPEE by sleeping and redeeming extra rewards through staking $SLEEPEE. Daily-earnings based on users sleep score: 100% = 10 USDT worth of sleepee tokens, eg. 84% = 8.4USDT worth of sleepee tokens Daily booster bonuses based on user’s membership tier 1. Earned SLEEPEE will be stored within the Sleepee App and SLEEPEE balance will be reflected under wallet balance, to be used for P2P within the app or utilized within the Sleepfuture ecosystem: sleepee store and Sleeptown.

Users need to qualify for a KYC slot to convert Nominal Balance to Realized Balance account. To qualify for the KYC slot, users need to stake their SLEEPEE tokens and unlock them during the rewards period. Users can withdraw their SLEEPEE tokens to an external wallet address through the Realized Balance account after unlocking the KYC slot. There will be a 2% withdrawal fee for all external wallet withdrawals.

“Sleep Future not only aims to reinvent the future of sleep technology, but also reward fairly to all participants and users who participates in our research approach to build a better sleeping health for the world.” Said Jimmy Goh, Founder & CEO of Sleep Future.

“We are combining the latest blockchain technology to benefit all users in helping us create a better sleeping lifestyle for the world. We are infusing decentralized finance, better known as DeFi and tokenization reward mechanism that all users can benefit with worldwide.” Said Brandon Lee, Co-Founder & CMO of Sleep Future.

Sleep Future opens its pre-sale whitelisting starting from 15th March 2022. Interested users can participate in the whitelisting via the following link: https://gleam.io/7HytW/sleepfuture-whitelisting-for-presales-of-sleepee-tokens

To know more about Sleep Future visit Sleepfuture.com

Telegram: https://t.me/sleepfuture
Twitter: https://twitter.com/SleepFuture
Facebook: https://www.facebook.com/sleepfuturefinance
Medium: https://medium.com/@SleepFuture
Linkedin: https://www.linkedin.com/company/sleepfuture

Paysenger: How to communicate with the stars? 5317

Frame-111

Paysenger is a universal solution for paid communication. The service helps you to communicate directly with experts, celebrities and owners of unique knowledge. Paysenger allows opinion leaders to monetize their attention in a new way, while investors are offered to invest in a token named EGO.

The EGO token is an internal medium of exchange used by Paysenger. The users will have opportunities to use fiat money and other payment options but we will encourage them to prefer the EGO token. In other words, EGO is a part of the Paysenger ecosystem; it was created not for fun (as many other) but for a special purpose and therefore has high growth potential.

The last few months have been very productive for the Paysenger team. We managed to take part in several crypto conferences, organize a contest for our partners, and pay out over $250,000 in rewards. But the most important thing is that the price of the EGO token, which is the internal payment tool of our project, is increasing. That means that we are moving in the right direction.

But first things first.

Our Advisors

Even though the Paysenger team is made up of true professionals, we realize that in today’s competitive times we can’t get by without the help of outside specialists who are experts in their fields.

It’s been said and done. We searched for a long time and found some well-known experts in the cryptocurrency industry who came to help our project. Thanks to them, we were able to make the necessary adjustments and determine the further vector of development. Here they are:

  • Timo Trippler — a well-known ICO advisor, CEO, investment and risk manager from Germany. With over 12 years of experience in various financial roles, he managed to advise many successful ICO projects. We invited Timo Trippler to participate in the development of our project because we were confident that his years of experience with blockchain technology would prove useful. He joined the Paysenger team and provided invaluable support.
  • Reuben Godfrey — odious cryptocurrency expert who got interested in bitcoin when it was still worth a few dollars. Reuben describes himself as “a long-time observer and supporter of BTC”. He is a big believer in the bright future of cryptocurrencies. Due to his successes and failures, Reuben’s opinion is extremely useful for any cryptocurrency startup.
  • Ismail Malik — a prominent tech advisor who has participated in 29 ICOs and helped to raise over $200 million. Ismail has more than 20 years of experience in technical support for startups. Rise.Global ranks Ismail Malik as one of the top 100 most influential blockchain experts. Our project was honored to receive valuable development guidance from a guru like Ismail Mailk.

EGO’s Giveaway Challenge (Gleam Contest)

The bearded EGO Claus brought good news to anyone interested in cryptocurrency projects that create real value.

We organized a large-scale distribution of EGO tokens with a total value of $150 thousand.

Thousands of users from all over the world took part in EGO’s giveaway and earned nice bonuses.

What did we get in return? Massive social media publicity. Hundreds of thousands, maybe even millions of new Internet users heard about Paysenger. Thousands of links and discussions about our project appeared on Twitter, Facebook, and other social networks. Each participant promoted Paysenger through reposts, likes, posts, and other social media activities.

The first-place winner received 100,000 EGO ($7,500). We planned to pay a financial reward to 500 participants, but couldn’t stop. Random 2000 winners each received 500 EGO!

We do not calculate whether the $100,000 we spent paid off because we do not consider it a direct investment in advertising. Rather, it is a way to thank those who believe in the project and support it with their attention.

EGO Bounty Program

Inspired by the responsiveness of the users who participated in the EGO’s Giveaway Challenge, we are continuing the EGO Bounty Program.

In this case, users can’t just get tokens, they have to earn them. But it’s not hard and is available to everyone, even complete beginners.

So, the first stage of the Bounty Program has started recently, with 1,200,000 EGO tokens (about $75,000) allocated to it. In order to get free EGO tokens, participants have to complete a task (one or several), such as placing a Paysenger signature on their personal website or making a post on Instagram, Twitter, or Facebook.

We have taken some steps to prevent users from creating multi-accounts in order to receive multiple payouts. What are the results? Thousands of social media posts, articles on Medium, tweets on Twitter, images, and posts on Instagram.

In short, our bounty program has been incredibly effective. One of the reasons for this is that users understand that the EGO token is not just another coin that is secured only by faith in it, but a financial tool that performs a useful function, namely providing fast and secure payments in the Paysenger network.

World Blockchain Summit

On March 23-24, 2022, one of the most famous conferences called the World Blockchain Summit will be held in Dubai.

Thousands of investors, traders, CEOs, and other cryptocurrency enthusiasts will attend this event to interact with leading crypto and blockchain projects, meet global crypto and blockchain influencers and learn from pioneers.

Paysenger will not only participate in the World Blockchain Summit but will be its sponsor. This way, thousands of well-known and influential cryptocurrency industry experts will learn about our project.

World Blockchain Summit is designed to connect global blockchain experts and technology players including IT leaders, government authorities, and blockchain developers. We are both proud and excited to be among the participants and sponsors of such an event.

Crypto Expo Dubai

Dubai, like a magnet, attracts a huge number of famous personalities in different spheres.

Crypto Expo Dubai 2022 is a premier cryptocurrency event that will take place March 16-17, 2022 at the Festival Arena.

Igneus Terrenus, Bill Spata, and other famous speakers will bring together a huge range of industry leaders including CEOs, tech advisors, financial gurus to network and explore new business opportunities in the fast-developing crypto space.

Paysenger has already confirmed its participation in Crypto Expo Dubai.  We are proud to participate in such well-known and authoritative conferences.

Future Plans

While Paysenger marketers are busy promoting the service and increasing our brand awareness, the developers are actively working on the technical part.

The team’s near-term goal is the release of the Paysenger mobile app. The web version of the platform is already available. Various experts ready to share useful content are actively creating their profiles to monetize their influence through prepaid chat, live streams, or video calls. With the release of the mobile app scheduled for March, Paysenger will become even more accessible and easier to use.

EGO Price Dynamics

Numbers don’t lie:

  • $0.01 — EGO token price at the seed round.
  • $0.025 — EGO token price at the first private sale.
  • $0.05 — EGO token price at  Public Presale (on Tokensoft platform). Initially, it was announced $0.035 per EGO unit, but the volume of investments attracted into the project allowed to correct EGO tokenomics and increase the token price.
  • $0.075 EGO token price at IDO. The EGO token is scheduled to launch on the exchange in Q3 2022.

About Paysenger

Paysenger — is a service that monetizes communication. Paysenger creates a new way of communication in a world with the fastest growing relations and unchanged attention span.

Now you can attract attention to your message or call by paying for the recipient’s attention with a fiat or EGO token. It is getting much easier with Paysenger to contact a media person or get expert advice. A received media content can be converted into NFT (Non-fungible token). It can be saved or sold on the internal marketplace for EGO. Our goal is to transform the blockchain by making the technology easier to a large audience.

You can request communication with a favorite person by choosing a preferable format. Whether it is a chat, a conference, or just a video greeting. All these you can get on Paysenger.

Join the EGO Token ecosystem! To buy EGO tokens on Tokensoft click here https://bit.ly/3IOFPPC

Follow us on social media!

Telegram | Twitter | Instagram | Instagram (RUS) | Discord | Facebook

Best regards,
Paysenger Team.

NEXT SHIB: Next generation MEME token about to go public! 6635

Next shib

DeFi’s newest cutest meme token announces the launch of its public sale. The mascot of the new, ultra-fast ultra-cheap NEXT Smart Chain has arrived.

Deflationary on every transaction (5%) and with no other tax, no team tokens, and starting with a very low market cap, this meme token is lifting off to visit its Nextronaught NFT siblings in orbit (#Nextronaughts are coming down to play in the #Nextverse very soon!).

In recent years meme tokens have emerged to become more popular than many mainstream cryptocurrencies, thanks to their unique mass appeal. NEXT SHIB is the newest entrant into the meme coin space so far ruled by DOGE and Shiba Inu. The tokenomics and the underlying operations of NEXT SHIB, however, differ vastly from the rest of the meme coins, powering NEXT SHIB with rocket fuel. The token follows a deflationary model where the total supply of 100 billion tokens deflates every time a transfer is made, but with no other reservation of tokens for any purpose other than to permanently lock its liquidity (yes permanently!). It also has a low initial market cap of less than $500K.

This ensures a steady growth in value and wealth accumulation possibility for early adopters. The private presale was a success and the public sale opened today, until the end of January. NEXT SHIB token is available on the Ethereum Network (ETH), Binance Smart Chain (BSC), and on its own native NEXT Smart Chain (NSC).

The blockchain built for scalability

The NEXT Smart Chain is a third-generation blockchain network that has clear advantages over Ethereum and Binance Smart Chain. With a clever combination of Directed Acyclic Graphs (DAG) and Byzantine Fault Tolerance (BFT) technologies, the network manages to achieve a speed of 300000 transactions per second (yes 300K tps) and a persistently low transaction cost of circa $0.0001 per transaction – the lowest fees in the current market.

NEXT Smart Chain is fully compatible with the Ethereum Virtual Machine (EVM), so all ERC-20 tokens and decentralized applications can function on the NEXT Smart Chain (yes – all DAPPS will just work). Just like NEXT SHIB, the NEXT Smart Chain (ticker: NEXT) has a very low market cap of less than $1 million and a fixed token supply of 30.3 million NEXT, while its competitors reach over $1 billion in market cap.

The unmatched scalability and transaction speeds offered on this blockchain make it the ideal network to deploy the next generation of NFT and NEXT Metaverse projects. With NFT gaming and trading within the Metaverse becoming the highly anticipated products of Web3, projects using NEXT Smart Chain will be poised to uniquely benefit from its robust underlying architecture to provide a healthy user experience to early adopters. The smart chain will launch with over 200 independent validators, making it a very decentralized and secure blockchain.

With the launch of the NEXT SHIB once the public sale completes, NEXT Smart Chain will transform the market as a center of excellence for metaverse innovations & crypto projects.

The future is bright – come and see what’s NEXT !!

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