Salary Systems to Petro Cryptocurrency 6067

Venezuela is set to begin using its “petro” cryptocurrency as an official accounting unit, according to the country’s president. ABC International reported the development on Tuesday, citing a televised announcement by President Nicolas Maduro, who first unveiled the petro back in December. As part of the change, the state oil and gas company Petróleos de Venezuela (PDVSA) will reportedly begin using the petro as a mandatory accounting unit.

The moves come as Venezuela’s government seeks to combat growing economic turmoil by relaxing its currency controls, according to an August 7 report from CNBC. On August 20, for example, the government will seek to revalue its currency, the bolivar, and create a “sovereign bolivar.”

In turn, the central bank will begin publishing the price of the sovereign bolivar as it relates to the petro “and the price of the petro according to international currencies,” ABC reports. Similar moves will see the country’s salary and pension systems tied to the petro’s value.

Since its debut, the petro has proven to be highly controversial, drawing attacks from opposition politicians within Venezuela as well as those in the U.S and abroad. In March, the Trump administration barred U.S. citizens from transacting in the petro as part of a series of new sanctions against the South American country.

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How to get a crypto exchange license in UAE 2295

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Taking into account the steadily growing popularity of crypto projects around the world, the UAE has chosen a proactive approach with regard to the industry. This jurisdiction is open to entering international capital and ensures a balanced approach to crypto regulations.

Local regulations in the Emirates are strict in nature but are not bureaucratized. Among all emirates, Dubai is surely distinct in this regard as local authorities provide advantageous conditions to start crypto projects. The UAE is a good place to start a crypto exchange, for instance. But, passing through the licensing procedure is required in any case.

Getting a crypto exchange license UAE with Prifinance Company guarantees the easiest way of completing the procedure provided that the must-have demands of the local regulator are addressed properly. Our lawyers have experience in addressing efficiently the nuances of crypto projects in the UAE. Interested investors may find the background information from our lawyers about cryptolicensing in UAE useful for their awareness and business planning.

Important Points to Know

Starting a crypto exchange needs to address specific regulations more precisely compared with the rest of the crypto-friendly jurisdictions. For this purpose, it is necessary to:

  • incorporate a separate legal entity;

  • take care of arranging an official legal address in the jurisdiction;

  • arrange appropriate IT and technical resources to start a crypto exchange;

  • develop effective internal policies aimed at monitoring and identifying clients plus the sources of their funds used to buy/sell crypto  assets;

  • form the required capital resources;

  • create the procedure for enhanced  verifications in the case of potentially suspicious transactions;

  • report to the regulator on account of suspicious operations (in the first turn about those that are likely related to money laundering and terrorism financing);

  • observe the provisions of security laws;

  • assign a separate AML officer in the company responsible for observing all applicable rules;

  • arrange periodical training for staff;

  • follow reporting standards according to the requirements foreseen by the law and other requirements.

Taxation of corporate incomes is exempted (0%) during the next 50 years after company registration. Import and export taxes – 0%.

How Prifinance Specialists May Help You

If you wish to explore a huge market after opening a crypto exchange in the UAE, Prifinance specialists are ready to assist you in this course, including but not limited to:

  • collecting all required details and documents that the local regulator may request to start the project;

  • choosing the most suitable entity type and  registering a new legal entity;

  • drafting all necessary statutory, registration, and compliance documents;

  • opening bank accounts and arranging business relations with alternative payment operators;

  • carrying out all required negotiations with the local officials;

  • assisting with resolving all issues  that may occur during the operation of a cryptocurrency exchange.

Share the details about the background of your business case as well as future business objectives you intend to realize in the UAE. Prifinance lawyers are ready to help you with the realization of those in the easiest and most straightforward way.

HOOF Financial Inc. Launches First-of-its-Kind Tokenized ESG Credit to Help Impact Investors Evaluate Corporations 2624

HOOF Financial, Inc. is excited to announce the launch of HOOF Coin™ America’s ESG Credit™, a first of its kind, asset backed, consumption level sustainability token and predictable store of value that enables corporations to transform operational expenses into investments in environmental, social, and governance issues. HOOF will raise private capital to source, tokenize and sell high-quality, verifiable ESG credits so that corporations can track, monitor, and report their impact as corporate citizens in real time.

The platform will seek to catalyze investments in corporations with values and business practices that promote social and environmental sustainability. This new model for the impact investing ecosystem will deploy innovative technologies that help identify, monitor, evaluate and natively tokenize verifiable ESG investments.

“The problem with ESG data is that it is primarily focused on how companies manage their internal practices, is typically 3 to 12 months old to investors, or sprinkled with assumptions about its real-world impact,” said Kelvin Cook, Founder & CEO of HOOF Financial, Inc. “We enable issuers to continue to focus on their controllables while incentivizing their employees and customers to consider impact related purchase decisions in their everyday lives. They aren’t told what to buy, when to buy, or who to buy from. They’re simply made aware of the companies with whom they share similar values and are given a personal incentive to check them out when they’re ready.”

This new framework will use blockchain technologies to enable corporations of all sizes to invest in ESG issues, maximize corporate influence as it pertains to social and environmental sustainability, and enable impact investors to confidently engage in due diligence in a transparent, fair, timely and beneficial manner.

About HOOF Financial, Inc.

HOOF Financial, Inc. is a blockchain based Environmental, Social, Governance (ESG) data provider that turns operational expenses into impact investments for Issuers. By rewarding employees, customers, and partners with HOOF Coin™, America’s ESG Credit™, businesses make measurable difference in society without any major changes to their business structure, operations, or model. Our mission is to give everyone the tools they need to be successful with their money, and our vision is to create a world where everyone has the opportunity to build wealth through easy, yet thoughtful decision-making.

Learn more about HOOF It! by visiting www.hoofit.io.

Wizarre Announces Its Beta Game Release 2626

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Wizarre is pleased to reveal the officiall release of the Wizarre Beta game on November 18, 2022 and will close the access on November 25, 2022. With this Beta release, Wizarre’s introducing more playable features to the users at these early stages, staying on track to deliver the early access version by December 17, 2022.

Wizarre is an NFT blockchain-based video game that takes place within a 2D magical fantasy world. All in-game characters and elements are rare and represented through NFTs (BEP-721 tokens) to provide proof of ownership, which are Wizards, Lands, and equipment.

The game is free-to-play and leverages a play-to-earn model, both merged into one ecosystem to allow anyone to immediately not only instantly dive into the gameplay but also simultaneously earn rewards – the intent of this model was to reduce the barrier to entry for all users.

SCRL is the platform’s native utility token. It’s a BEP-20 token that runs on Binance Smart Chain (BSC) to leverage its speed, scalability, and low transaction fees. Through the burn mechanism, the total circulating supply of 10 billion tokens decreases over time and will therefore never rise in quantity.

The main objective of the game is to create new Wizards through breeding, level up your characters, and ultimately win battles against opponents. The more elements that are combined, the stronger the character spells and statistics become to help advance players to the top of their respective leaderboards.

The platform has also developed an NFT marketplace where users can trade different Wizards, Lands, and other assests with one another to further increase and better represent their value.

The team at Wizarre has built an application for both computer web browsers and mobile phones, so users can play on-the-go while still earning.

Download the Beta game here.

The launch of the Wizarre Beta version will not only lay the groundwork for what’s next but also give the team an opportunity to collect user feedback from testing.

Million Dollar – The First Real Estate Metaverse Company 2552

NFTs, meaning Non-Fungible Tokens, is a concept that gets people together. From arts to music to exclusive content and to VIP events, the NFT ecosystem brings so much to users. Metaverse allows users to engage in real-life activities in virtual reality (VR). You can own clothes, buy shoes, and even own land. And this has enabled projects to transform from NFTs into the Metaverse. One such project that has transformed is the Million Dollar Metaverse – the first real estate company in the Metaverse.

About Million Dollar

Million Dollar is the first Real Estate Company in the Metaverse with a concept of NFT Collection, such as male brokers, female brokers, plotlands, and other properties. The platform is built on the Ethereum blockchain. The community keeps expanding, and users can become property owners – buying and selling lands to generate income.

Mission Statement

The Million Dollar platform is an ample opportunity for people who can’t invest in physical properties due to their lack of knowledge to become Real Estate brokers. We will create a space that allows you to connect with prospective customers. Buyers and sellers (project participants) will coexist, and transactions will happen faster and easier. “We believe real estate can be more fun without compromising the project participants” potential income. Thus, socialization and technology can co-exist in real estate – this is the target future of the Million Dollar Metaverse.” ( Sebastian F. Baciu – CEO)

How It Works

The NFT collections on Million Dollar include – Brokers, Properties, and Lands. The Broker is a male character with over 350 unique traits. Each attribute is categorized as either Smart-Casual, Formal, or Elegant. These categories determine the exclusive packages the Broker can access.

What makes the Million Dollar project stand out?

  • A broker gives holders more opportunities to earn passive and active incomes.
  • The community base has no monopoly in terms of decision-making.
  • The platform’s security level is high and end-encrypted.
  • Every user can access the platform and stake their property.
  • The community comprises crypto experts who contribute to the project’s development.

The Project Team

The Million Dollar is an outstanding project, mainly due to the impact of experienced developers and enthusiasts, including – Web3, real estate, IT, marketing, and blockchain design. As a result, users are well-assured of continuous community growth and establishment.

https://socials.milliondollar.io/

Byepix Getting Listed on LBank Exchange 3116

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Byepix, which is a Huge Ecosystem Project: Powered by Metaverse Blockchain, 2 Protocols, 7 Platforms, and 20+ utilities almost ending its ICO. And it will be listed at $5.

The company started the ICO with a high-reward referral program along with a wide-scale airdrop, where eligible investors got five times their EPIX, the company’s recently-issued utility token.

In the last two months since Byepix started its ICO, the Europe-based company has continued to surprise its investors by delivering more than promised.

Byepixes active Platforms:

● Official Website: Byepix.com
● Byepix Star System Info Page: byepix.com/info
● The Byepix Metaverse (The First Look at the Byepix Metaverse): play.byepix.com
● SoFi (Mission) Platform: mission.byepix.com
● Byepix Gems Hunter P2E Game Test Version: byepix.com/gemshunter
● NFT Showroom: byepix.com/showroom/
● Byepix Land Map: land.byepix.com/
● Byepix Metaland: byepix.com/goldland
● Byepix Virtual Life: Byepix.com/virtuallife
● Byepix NFT MarketPlace: Marketplace.byepix.com/
● Documentation Platform: info.byepix.com
● Purchase Epix: ico.byepix.com

Also, with a secured soft cap, the team was able to coordinate a one-of-a-kind token listing that will comprise only the top exchanges.

Byepix will be listed on LBank, one of the largest exchanges.

LBANK is ranked among the top 20!

On November 8, LBank will conduct an airdrop and provide $4,000 worth of EPIX to 100 winners. Don’t miss out, and join to be one of the winners.

Byepix will continue to announce major exchange listing news and grow its community without slowing down. One of the top 8 Exchanges is reviewing this project’s whitepaper, and they were very impressed by its Metaverse Blockchain Development Plan, 2 Protocols, 7 Platforms, 20 Utilities, the vision, and the marketing plan of Byepix.

Byepix’s Short-term and Mid-term updates release schedule.

Short-term Goals

  • Gaming Platform v1.0 
  • Byepix Swap 
  • Publishing the Gems Hunter on the Android Play Store and the Apple App Store 
  • Listing Nov, 10 
  • Listing price goal: $5 
  • Top 5 Exchange Listing

 

Mid-term Goals

  • Metaverse Blockchain 
  • Super Metaverse: Super Metaverse Protocol and Application 
  • Gaming Platform V2 Alfa (with P2E Protocol) 
  • NFT Swap 
  • DAO’s 3D Creations 
  • NFT Free Listing 
  • Byepix Earn Platform

On November 8, major news regarding new collaborations and advisers joining Team Byepix will be revealed.

Last chance to Join!

The Byepix ICO, which started on September 9, 2022, and still goes on until the 9th of November, is in its last days of providing a chance for you to add the EPIX (Governance) token of this huge Super Ecosystem Project into your portfolio at a price of 0.18$.

EPIX will be listed for $5, and its Revolutionary Maximum Profit Program will keep the Circulating Supply Minimum by releasing 30k EPIX Tokens per day, which will be only 100k to 120k tokens in the first week.

Byepix provided lucrative investment opportunities for all participants, and it can’t wait to get listed.

Do not miss the Futures Digital Treasure!

Join Byepix before it’s too late.

Web3 Content Distribution Protocol SHARE Launches on Ethereum and Polygon 3813

Today, Formless, Inc. announced the availability of the Beta version of SHARE, a protocol that provides digital content creators a way to distribute their music, video, podcast, and other experiences peer-to-peer using smart contracts. With SHARE, creators gain control of the streaming terms, including price, while maintaining compatibility across multiple applications. Registration for Beta access is now available for all creators, builders, and companies interested in using the technology.

Formless Founder Brandon Tory commented, “This is the first time in history that we can distribute content at scale as a program. We can now imagine a future where digital content is available across multiple platforms––even those like Spotify and Instagram, and creators have full control over the access terms, such as pricing, royalty splits from streaming, and ownership sharing with their community.”

Since publishing the SHARE Whitepaper earlier this year, Founder and former Apple and Google Engineer, Brandon Tory, and the team at Formless have received grant awards from the Polygon DAO, Alchemy, Google Cloud, and Stripe. Achievements include a full set of audited SHARE smart contracts with support on the Ethereum and Polygon blockchains and a decentralized application that leverages the power of SHARE.

“Releasing our SHARE Beta is a monumental milestone. We’re now looking forward to working with creators, developers, and distribution partners to leverage blockchain technology and make an even bigger impact,” added Tory.

About FORMLESS, Inc.

Formless is a Boston, Massachusetts headquartered music technology company with the mission of creating virtual and physical experiences that enable people to live more fulfilling lives. Formless was founded in 2018 by Brandon Tory, a signed artist, former Staff Engineer at Google AI, and former Senior Engineer at Apple. Tory’s story of pursuing his dreams as a musician and engineer in parallel was featured in national media that include: Forbes, CNN Great Big Story, CNBC, and Yahoo Finance.