The Next Big Thing In NFT: The DeFi Infrastructure For Utility NFTs 5364

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2021 was a ‘Year of Renaissance’ for NFTs. From the mainstream perspective of the market, after the crypto cat project boomed in 2018, NFTs finally in 2021 ushered in a concentrated outbreak where many flourished. On the one hand, Opensea has taken the lead in NFTs trading, forming a blue-chip phalanx of NFTs led by CryptoPunk, BAYC, Coolcat and other projects. On the other hand, GameFi projects represented by Axie Infinity combines NFTs with DeFi, successfully bringing the brand-new economic model of Play to Earn to the mainstream market. In the great bull market, NFTs succeeded in overtaking the curve to attract main market funds, and it has become an important asset class in the blockchain world. Since 2022, the NFTs market has inevitably been affected by the macro market condition. After the frenzy, market participants began to rethink the fundamentals of the NFTs track: What will be the future of NFTs? What will be the next NFTs hotspot?

The current NFTs market can be classified into at least two relatively independent categories: Digital collectibles and utility NFTs. Most PFPs would fall into the former category, whose value comes from the scarcity, hence the valuation is very much subjective. Utility NFTs are quite different as the valuation is supported by their intrinsic value.

GameFi assets are an iconic example of utility NTFs. The value of GameFi assets can be clearly quantified based on the potential cash flow value derived from the P2E tokenomics. Thus, DeFi infrastructure is potentially very relevant to the utility NFTs with a similar significance as to the fungible token assets.

Shape The Markets: An Overview Of DeFi Infrastructure

So how would the DeFi infrastructure be built in the NFTs market? We can look at the DeFi world. Based on the magnitude of significance, we can easily identify the four most essential pillars that support the whole DeFi world: Uniswap, AAVE/Compound, Synthetix, and YFI. But why?

The formation of any financial market would not be possible without the maturity of the following 4 markets First, a market that sufficiently discovers the price of assets is fundamentally essential for the purpose of price provision on all levels of liquidity. Secondly, a market that sufficiently discovers the interest rate of assets that gives an answer to the question “how can we effectively price various levels of risk in this market”. Then, based on the two aforementioned markets, a series of derivative instruments can be created for investors to manage their leverage, thus adding more liquidity to the market. Finally, there comes the aggregator, which gathers the assets and liquidity scattered around the market to lower the barrier to entry of the market. And as a result, more liquidity would be injected into the market. Through the whole process, a basket of ‘mainstream assets and the ‘anchor of value’ (DAI or USDC) would also be discovered and widely adopted.

Available DeFi Infrastructure for Utility NFTs

Compared to the more established DeFi markets, infrastructure for utility NFTs. OpenSea being the primary NFTs marketplace, the trading mechanism, however, is based on order book model. The efficiency of such a matchmaking mechanism is low. It might be a viable solution for low liquidity digital collectibles with subjective valuation, but is clearly not servicing the purpose of continuous price discovery for utility NFTs very well.

Since the value of utility NFTs is derived from the inherent value of cash rewards in Play-to-Earn scheme, the mechanism designed for lending and borrowing utility assets is significantly different from the logic of token asset loans. It is more similar to a finance leasing or rental business in the real world where the ‘right to use’ can be transferred without any change of ownership. The implementation of the ‘right to use’ function in a decentralized manner for NFTs has become a big challenge.

Luckily, some projects have already started offering innovative solutions to this problem. We will discuss the pros and cons of each of these projects in several aspects.

NFTFi
Launched in June 2020 by Stephen Young, NFTFi is a marketplace for NFT mortgages. It allows users to deposit NFTs as collateral to borrow crypto assets such as ETH or WDAI.

How It Works?
As an NFTs mortgage platform, NFTFi allows borrowers to deposit accepted NFT assets as collateral for issuing a loan amount from platform. The renter will set the duration schedule of the loan as well as the interest rate, and the borrower has to follow the terms of agreement. The lender is able to claim collateral assets if the borrower breaks the contract.

Strengths and Weaknesses
NFTFi provides a platform for NFT assets holders to collateralize their NFTs and obtain loans in a decentralized way. This platform is implemented by smart contracts with very simple liquidation mechanisms. For example, if collateral asset value fails to cover the borrowing amount of assets, it occurs liquidation.

The platform enables holders of NFTs to access liquidity with collateral. However, the core issue is how to determine the price of NFTs reasonably. The NFTs price market is highly volatile, and due to the poor liquidity of the NFT assets, the floor price of NFTs can drop significantly and trigger liquidation. In this case, the borrowers will suffer a loss very easily. To prevent that, the borrowers will always leave a huge buffer premium, and this significantly reduces the fund-use-efficiency.

We can draw the conclusion that NFTFi’s protocol is not a perfect solution to solve liquidity problems for utility NFTs.

reNFT
reNFT is a leasing platform which NFT assets holders can lease out their assets and receive rental revenue over the lease period of the assets. From the NFTs borrowers’ point of view, if there is a temporary need for some particular NFT assets, instead of buying they are able to rent out suitable NFT assets through this platform.

How it works?
Borrowers are required to clarify the lease schedule in advance and transfer the corresponding lease fee and collateral (the value should be equal to the NFTs assets price) into the third-party escrow smart contract. When the borrower returns the NFTs by requirements, the collateral is also returned. If the borrowers fail to return the NFTs, the collateral will be paid to the renter as compensation. The price of the collateral is obtained by Chainlink from the OpenSea platform. The collateral will also be used to generate interest on the AAVE which increases the fund-using-efficiency.

Strengths and Weaknesses
reNFT proposes a solution for NFT lending and borrowing, which brings value to idle NFTs and enables cash flow. It aggregates assets from renter and borrower through an escrow smart contract, thus allowing asset security for both.

However, the liquidation mechanisms require collateral and occupies high rate in capital to prevent liquidation. Secondly, the renter and borrower must pre-determine the lease schedule and pay upfront. The leasing method is based on peer-to-peer matching which is low efficiency.

IQ Protocol
IQ Protocol is a DeFi tool introduced by PARSIQ whose main role is to provide the framework that enables controlled rentals of assets in the form of Time-limited wrapping.

How it works?
IQ Protocol has not yet officially launched, but from the information in its white paper, IQ Protocol will try to wrap an NFT into a rentable wNFT. The asset will lock up ownership as it is lent, leaving the borrowers of the asset with only the right to use but not the right to sell or transfer. With this approach, there is no liquidation mechanism during the process as it effectively avoids the risk of losing the NFT itself.

Strengths and Weaknesses
The solution proposed by IQ Protocol is well suited to the practical needs of utility NFTs, i.e., the transfer of usage rights while ownership remains unchanged. The entire lending approach will be realized by wNFT liquidity pool, and its lending efficiency is greatly enhanced compared to the P2P approach.

However, since wNFT itself is a Time-limited NFTs derivative, IQ’s leasing solution still requires both renter and borrower to pre-determine the leasing schedule and pay the rental fee in advance when the lending occurs. Another issue with IQ Protocol is for applications that rely on recording on-chain interaction data within the NFTs, such as fully decentralized games. The Wrapping and Unwrapping processes may lead to lost or incoherent on-chain data within the NFTs.

AFKDAO
AFKDAO is a DeFi infrastructure solution for the utility NFTs, introduced by Ben Gothard’s team in late 2021 and announced its SDKs on Github in early 2022.

It was first applied to Play-to-Earn projects which helps to provide a life-cycle lending and liquidity solution for GameFi assets.

How it works?
The solution is based on the new ERC-4610 protocol which is an extensible protocol for NFT assets developed by AFKDAO. Erc-4610 is designed to be fully compatible with the NFT format ERC-721. A holder of an ERC-4610 NFT can issue the right of usage to others, without relying on any third-party platforms/smart contracts.

The approaches of implementation are available for ERC-4610:
1. ERC-4610 native NFT
2. A wrapper solution for the existing ERC-721 NFTs

ERC-4610 also activates another use case of utility NFT assets: on-chain NFT asset management and profit distribution.

In the case of P2E games, the protocol allows the lending of GameFi NFT assets to others, while all the rewards are managed by smart contract, which can be divided among multiple parties in predetermined proportions.

The AFKDAO comprises 3 modules: NFT Launchpad, AFK Aggregator and NFTs Lending Pool. Through these three products, AFK tries to explore a sufficient pricing mechanism for utility NFTs.

Any assets launched on the AFK Launchpad must be ERC-4610-compatible, either being ERC-4610 native NFTs or wrapped into ERC-4610. The Play-to-Earn mechanism must be open on the sale day, and a vault would be required to open in order to make ROI stats available to the community. This enables the buyers to discover a reasonable price range for NFTs before and after the sale, which helps to prevent hype-speculation which sets high barrier to entry of the projects.

The AFK aggregator is a YFI-like fund management protocol but for NFTs. It aggregates utility NFT assets in a fully decentralized way powered by ERC-4610.

When it comes to the P2E game use cases, AFK Aggregator enables the players or guilds to raise NFT assets for the purpose of profit generating and sharing fully on-chain by setting up a ‘vault’ and defining the details of the raise. NFT owners simply need to stake to delegate the guilds to manage their NFTs. All profits will be returned to the ‘delegator smart contract’ for automatic distribution to all parties related onchain, eliminating the need for third-party escrow or private key transfer.

 

The whole delegation process requires zero need for collateral as well as any upfront payment for using the NFTs. The AFK Aggregator also allows the fundraiser to subdelegate scholars, which supports the guild management needs to enable the delegation of assets to multiple addresses at the same time.

The NFTs lending pool is comparable to AAVE or Compound, which is a pooled lending and borrowing liquidity solution for NFT assets. Eligible ERC-4610-compatible NFT assets can be staked into the pool at any time for revenue while borrowers are enabled to borrow NFT assets at any time without any collaterals as long as there are enough NFT assets in the pool. Borrowers would be required to stake relevant tokens as the ‘top-up’ where interest costs will be deducted from (eg. $SLP for Axie pool, $GEAR for PlaceWar Tank pool). The interest rate will be calculated in real-time by block via the algorithm based on the supply and demand situation of the pool. When the top-up by a borrower is depleted by costs incurred, the lease will be terminated.

Strengths and Weaknesses
AFKDAO provides a relatively comprehensive DeFi infrastructure solution for utility NFT assets.

It put forward a preliminary solution to the price discovery and interest rate discovery for long-tailed utility NFTs. AFKDAO adds an access control to NFTs to separate the use right from ownership, which helps to maximize the fund utilization rate and efficiency.

At this stage, the utility NFT market is still in its early stage, AFK’s solution mainly focuses on Play-to-earn games, and more time is needed for big traction. As the scale of the utility NFT market expands, it is believed that products like AFKDAO will gain much larger adoption.

Find out more about AFKDAO on its official sites:

Website: https://afkdao.io/
Telegram: https://t.me/AFKDAOANN
Discord: https://discord.gg/p878yn6yzr
Twitter: https://twitter.com/AFK_DAO

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AEON Powers Alchemy Pay with Foundational Payment Infrastructure and Protocol 1190

AEON, the next-generation modular payment protocol, has officially partnered with Alchemy Pay, the world-leading crypto payment solutions provider to bring new capabilities to the crypto payment and settlement landscape. This strategic collaboration aims to leverage AEON’s advanced payment protocol to enhance Alchemy Pay’s capabilities in facilitating seamless crypto-to-fiat transactions, bringing unparalleled efficiency and modularity to the ecosystem.

Partnership Overview

In this partnership, AEON will serve as the foundational protocol provider for Alchemy Pay, offering advanced solutions for the distribution, clearing, and settlement of crypto transactions. Alchemy Pay will integrate AEON’s technology to modularize its payment methods, facilitating seamless interactions between fiat currencies and cryptocurrencies.

AEON’s role is to ensure that the infrastructure supporting crypto payments is robust, efficient, and capable of handling high volumes of transactions with minimal latency and cost. By providing the underlying protocol, AEON will enable Alchemy Pay to offer a superior payment experience that is both secure and scalable.

Shared Vision for the Future

Alchemy Pay is a global leader in crypto payment solutions, recognized for its innovative approach and wide support to bridging the gap between traditional financial systems and the digital asset space. With a payment network that spans over 173 countries with multiple mobile wallets and bank transfer supported, Alchemy Pay is at the forefront of enabling businesses and consumers to seamlessly engage with cryptocurrencies.

This partnership marks a significant milestone in the journey towards a more integrated and efficient financial ecosystem. AEON and Alchemy Pay are dedicated to continuous innovation and collaboration, ensuring that their combined efforts lead to the widespread adoption and acceptance of cryptocurrency payments globally. Together, AEON and Alchemy Pay aim to bring enhanced user experiences, better accessibility, and a more robust payment infrastructure to the industry.

AEON remains committed to driving the evolution of the payment landscape through its cutting-edge technology and strategic partnerships. Stay tuned for more updates as AEON continues to innovate and deliver the best in crypto payment solutions.

About Alchemy Pay

Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

About AEON

AEON is a next-generation modular payment protocol designed to unify the standard of crypto payments and enable real-world connectivity. By simplifying the integration, processing, and settlement of crypto payments, AEON offers low-cost, verifiable, and secure payment processing.

Developing a robust crypto payment standard akin to Visa, AEON aims to connect web3 infrastructures with mass adoption use cases, ensuring adaptability, liquidity, and efficiency and supporting on-chain payment methods such as subscriptions, global fiat rails, and tips.

Solidton Unveils 2025-2026 Plan for Multi-Feature Ecosystem 1472

The Solidton team is seeing increasing hype over its project by having new ambitions for the future. The expectations of 2025 and 2026 come closer as Solidton gets ready for growth with clearly defined targets in place.

The multi-feature platform designed by these developers includes a marketplace and decentralized financial services, among others. This large ecosystem is the first of its kind, offering strong integration between the metaverse and decentralized finance (DeFi).

Aiming for Growth

Growth is definitely one of the main objectives of Solidton, and the team is fully committed to seeing it achieved. They expect to see three-digit growth in 2025 with a solid development plan through their innovative DEX exchange and wallet.

Solidton outmatches the existing DeFi platforms with unique features and a sustainable approach to ensure long-term success. Below is the team’s official roadmap, divided into four crucial stages:

  • Phase 1: Launching the website and white paper publishing; start of the token presale (ICO).
  • Phase 2: Listing the token on top-notch crypto exchanges and launching the Solidton Wallet.
  • Phase 3: Integration of DeFi services, social features and forums, and DEX exchange launch.
  • Phase 4: Governance, voting for token holders, hosting virtual events, and continuous growth.

The team is confident that they have the potential to deliver one of the greatest DeFi platforms on the TON blockchain. Speaking of opportunities, an estimate for 2026 mentioned an estimate of 9 million active users that could join this adventure.

Meanwhile, the project’s team decided to direct all fees and reserves to liquidity. This choice is necessary to provide stability and reliability in the ecosystem.

The Features of the Solidton Ecosystem

Solidton’s whitepaper lists several features that make this project effective, versatile, and user-friendly.

Solidton will offer a marketplace to buy, sell, or exchange virtual items. The platform allows diverse personalization for anyone joining the metaverse. Moreover, the project perfectly works with NFTs, meaning the ownership of every virtual item is verifiable through the blockchain.

Solidton also makes available other financial services such as staking, loaning, and borrowing on the DeFi side. In this last case, it will be possible to rely on the project’s native token (SON) as collateral. A typical Solidton user may also engage in liquidity mining or farming for additional rewards.

The platform is decentralized, with management and decision-making resting upon the SON token holders. Simply put, holders may vote over major changes impacting the project.

In addition, Solidton has a social dimension that involves chatting, forums, and integration with social networks. This allows for community creation, content promotion, and interaction with a larger audience.

Curious users will find a wide set of training materials in the form of video tutorials and webinars from Solidton. And if one needs help or has questions, a technical support service is working around the clock. A complete list of features is available on the project’s website and on Solidton’s whitepaper.

The Project’s Tokenomics

What is also very interesting about the project’s whitepaper is a quick-to-understand comparison of SON’s token with ETH and BTC:

As for its transaction velocity, while BTC has slow transactions with high fees, SON has fast transactions with low fees.
While ETH has scalability issues, SON has an open playground to merge the metaverse with DeFi. The overall result is a much more versatile Web3 ecosystem.

In terms of token allocation, 1 billion SON tokens will be in circulation:

  • The biggest slice, at 64%, goes to the presale stage
  • 16% will go to the ecosystem 
  • 7% goes to the team, with a lockup lasting until 2026. 
  • Partners and advisors will get 4% of the tokens
  • 9% of the tokens will cover liquidity and listing purposes.

About Solidton

Solidton is a new token integrating DeFi with virtual worlds to create a fresh ecosystem. In summary, the project offers secure and transparent financial tools that foster user confidence.

The 2025–2026 plans of the project focus on synchronizing robust growth with innovation and sustainability. The team is making every effort to grow and become one of the top DeFi platforms on the TON blockchain.

Metalpha Adopts New Bitcoin Mining Index by Antalpha and FTSE Russell 1612

Metalpha Technology Holding Limited (the “Company” or “Metalpha”), a global digital asset-focused wealth management company, today announced it, through its subsidiary, has adopted the Antalpha BTC Mining Index for its BTC mining stocks fund. The index was recently launched by Antalpha and FTSE Russell.

Metalpha’s Bitcoin mining stock fund is managed by a wholly-owned subsidiary of the Company, LSQ Capital Limited. The fund uses the Antalpha BTC Mining Index as the benchmark to invest in publicly listed Bitcoin mining companies.

Antalpha is the world’s leading Bitcoin ecosystem service provider for institutional partners. As a strategic partner of Bitmain, Antalpha is trusted by institutions, startups, and qualified investors to drive innovation in blockchain technology and applications. It has become a leading company in the global blockchain financial services ecosystem.

The Antalpha BTC Mining Index selects the top ten publicly traded US Bitcoin mining companies and tracks their respective performance. The Antalpha BTC Mining Index will offer mainstream financial investors a reliable channel to gain crypto exposure. The index will be rebalanced every six months to reflect the market conditions.

Metalpha is one of the largest crypto derivatives traders in Asia and is dedicated to providing tailor made wealth management and hedging solutions to financial institutions including family offices, investment funds, crypto mining companies, etc. Metalpha previously launched a fund to invest in GBTC, which has seen large gains since launch, with its net asset value increased to 269.84%, outperforming Bitcoin by about 39% from $27,265 to $62,867.

“We are excited to launch this equity fund focusing on offering investors Bitcoin exposure through Bitcoin mining companies. The Antalpha BTC Mining Index comes because of high demand from global investors betting on the long-term growth opportunities of the Bitcoin mining industry. ” Adrian Wang, President and Director of Metalpha Technology Holding Ltd.

The Company is a holder of Type 1 (securities and virtual assets dealing services), uplifted Type 4 (advising on securities and tokens) & Type 9 (asset management) licenses by the SFC.

About Metalpha Technology Holding Limited

Founded in 2015, Metalpha Technology Holding Limited went public on October 20, 2017. The listed Company, through its subsidiaries, is dedicated to providing investing and wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of crypto wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.

Growing the Buz Economy: Announcing the Social Intelligence Paranet Launch 2050

In the rapidly evolving world of tech and finance, the demand for innovation and adaptability is higher than ever, driven by a quest for transparency for internet users. LunarCrush has been at the forefront of Social Intelligence, converting human-driven insights into actionable information for both retail and institutional stakeholders. Originally focusing on the crypto industry, LunarCrush’s Social Intelligence now extends across diverse sectors such as technology, politics, travel, music, and more. Recognizing the convergence of crypto, the Internet, and Artificial Intelligence (AI), LunarCrush is making a significant leap forward in their transparency efforts through social intelligence. By launching the Social Intelligence Paranet on the OriginTrail Decentralized Knowledge Graph (DKG), LunarCrush aims to enhance content collection through incentivized crowdsourcing and enable the creation of AI-powered services on this trusted knowledge base.

The Decentralized Knowledge Graph and the Social Intelligence Paranet

The Social Intelligence Paranet will operate on the OriginTrail DKG, a permissionless peer-to-peer network that ensures all social content published to the Paranet is discoverable, verifiable, and attributed to its owners. This setup allows AI services leveraging this knowledge base to avoid challenges like hallucinations, managed bias, and intellectual property violations. For an in-depth understanding of the technical design of paranets, DKG, and decentralized Retrieval-Augmented Generation (dRAG), we recommend reviewing the OriginTrail Whitepaper.

The Social Intelligence Paranet Initiative

Aligned with LunarCrush’s growth trajectory, the Social Intelligence Paranet will initially target the crypto sector, attracting high-quality content creators and community members from various crypto projects. LunarCrush will also mine knowledge tied to their social insights, such as Alt Rank, Top Creators, and Sentiment analysis. Beyond knowledge mining, the Social Intelligence Paranet will feature the first AI-powered tool to interact with top knowledge assets on the Paranet, supported by LunarCrush. This AI-powered tool will be accessible to users paying with BUZ tokens. All BUZ tokens spent by users will be recycled as additional rewards for knowledge mining.

In the upcoming weeks, a comprehensive proposal for the Social Intelligence Paranet will be submitted to the NeuroWeb community for approval. The proposal will include:

  • Knowledge Assets created from LunarCrush APIs
  • An incentives model for knowledge miners targeting the first category of knowledge
  • A demo of the LunarCrush AI tool

Advancing the Wisdom of the Crowds

The traditional wisdom of the crowds concept eliminates idiosyncratic noise associated with individual judgment by averaging a large number of responses. Social Intelligence takes this concept further by unlocking actionable information through high-quality, curated knowledge enhanced with specific domain expertise. The rise of AI introduces the potential for another leap forward in extracting wisdom from a vast body of knowledge. Incentivized crowdsourcing to collect superior social content provides an ideal foundation for AI services to uncover wisdom that is not immediately apparent. While a conversational tool is the initial step, subsequent developments will include AI agents performing comprehensive tasks such as market analysis and prediction market suggestions. As the Social Intelligence Paranet expands beyond the crypto field, it promises to support enhanced decision-making powered by the wisdom of the crowds across various topics.

Unlimit partners with Alchemy Pay to streamline fiat-to-crypto purchases worldwide 2316

Global fintech company Unlimit today announced the expansion of its long-standing partnership with Alchemy Pay, the leading fiat-crypto payment gateway, aimed at enhancing its growth in key target markets, like the EU, SEA and LatAm, with the support of Unlimit’s extensive payment method portfolio.

Alchemy Pay facilitates fiat-to-crypto purchases across 173 countries, with strong coverage in Europe, Latin America, and Southeast Asia. The company is dedicated to providing accessible, user-friendly payment solutions that promote the global adoption of cryptocurrency by seamlessly connecting fiat and crypto economies.

Through this partnership, Alchemy Pay will streamline settlements and offer a wide range of global and local payment methods, including Visa, Mastercard, SEPA, and Google Pay, to consumers worldwide, guaranteeing a high level of security and service for individuals. It will also allow Alchemy Pay to expand its presence in key markets, reduce customer churn, and enhance customer loyalty by providing preferred payment options.

Irene Skrynova, the Chief Customer Officer at Unlimit, said: “We are excited to support Alchemy Pay on their mission to connect the world of traditional payment methods with the world of crypto. At Unlimit, we believe in ‘borderless payments’ and have dedicated over 15 years to making this a reality for our customers globally. This partnership brings us closer to an ‘omnipayment’ future, bridging the gap between Web2 and Web3.”

Alchemy Pay’s Ecosystem Lead, Robert McCracken said: “Our partnership with Unlimit will provide massive benefit to end users, by allowing Alchemy Pay to offer wider global coverage, lower costs, and improve transaction success rates. Their global payment experience and expertise will bolster our rapidly expanding suite of services which continue to be mainstream-friendly while ensuring security and stability in all areas. This is a great step forward.”

About Unlimit

Founded in 2009, Unlimit is a global fintech company that offers a large portfolio of financial services, including payment processing, banking as a service (BaaS), and an onramp fiat solution for crypto, DeFi, and GameFi. The company’s mission is to deliver solutions that eliminate financial borders, enabling businesses to operate both locally and internationally with ease across Europe, the UK, LATAM, APAC, India and Africa. Unlimit has 700 employees across 16 offices and five continents, including London, Singapore, São Paulo, Hong Kong, and Mexico. For further information, please visit: www.unlimit.com.

About Alchemy Pay

Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Major Advancement for MNT Node Holders 2732

Minutes Network Token team are pleased to announce two new initiatives that significantly upweight their Node holder rewards program.

First, the share of Epoch rewards allocated to Node holders has been increased from 60% to 70%, and this additional 10% is excluded from the algorithmic burn process.

Second, all Node holders will share from a specific 37.5million MNT reward pool which will be distributed over the first twenty-four months.

With Switch Nodes requiring a minimum stake of 50,000 MNT and Validation Nodes 10,000 MNT, the holder of each type of node can receive incremental rewards of 37,500 and 7,500.

This means each Node is set to potentially return up to 75% of Node holders initial token stakes over the first two-years which are additional to the monthly epoch MNT rewards.

The MNT Head of Token said “We listened very carefully to the interests of Node holders as they are critical stakeholders to the success of the project. These innovations significantly enhance the rewards available to node holders and provide a compelling reason for people to own as many nodes as they can.”

The full details can be found in the MNT Whitepaper accessible at minutesnetworktoken.io/whitepaper.

There are 119 Switch Nodes and 1069 Validation Nodes available for staking. Purchase nodes can be done by visiting portal.minutesnetworktoken.io.

About Minutes Network Token

Minutes Network Token (MNT) is a product of Minutes Network Token LLC, a company incorporated in St. Vincent and the Grenadines, Company Number 095LLC2022.

Minutes Network Token is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.