Ripple, one of the best know blockchain startups, announced on Wednesday plans to invest $25 million of its own XRP currency into Blockchain Capital, a firm wholly dedicated to the blockchain environment.Ripple Puts $25 Million in Fund to Develop Blockchain StartupsBlockchain Capital Parallel IV, LP is the first fund to take capital in the form of cryptocurrency as well as one of the first dedicated solely to the development of blockchain based startups.Ripple which owns 60 billion of the 100 billion XRP coins has added it’s $25 million to the $150 million fund managed by Blockchain Capital to be invested in entrepreneurial enterprises which can find additional uses for Ripple’s blockchain technology.Chief market strategist at Ripple, Cory Johnson, told CNBC in an interview on Wednesday “There’s money sitting there to be used. We want smart people and smart entrepreneurs, who can solve a problem using XRP,”Currently, Ripple’s technology is mostly being used to allow real-time transaction settlements for banks. The company has announced partnerships with many of the major money transfer companies in the US, including MoneyGram and Western Union.Fund to Drive Blockchain EntrepreneurshipJohnson has compared the future of Blockchain technology to what was built off of the iPhone’s software, which has become the base for some of the most successful startups in the world.“When I got my iPhone I did not think the killer app would be Uber, the most valuable private company in the world … I don’t know what the best use of XRP is going to be, and I hope it’s something we can’t even think of.”Ripple is aiming at seeing that same kind of relationship happening between their established technology and entrepreneurs who can use it to build companies with funding from the Blockchain Capital fund.Johnson concedes in the CNBC interview that if the next breakthrough startup is using XRP that it’s going to boost the company valuation. “If somebody starts the next Uber, or Instagram or Salesforce using XRP, that would be great for us,” Johnson said.Co-founder and managing partner of Blockchain Capital Bart Stephens was quoted on Ripple’s website saying;“As pioneers in the blockchain sector, we have been on the frontlines and in the trenches with our portfolio companies, like Ripple, building a new crypto ecosystem. There are entire verticals — such as healthcare or identity management — that could benefit from blockchain or distributed ledger technology.” Ripples cryptocurrency XRP which hit $3.84 in January but has dropped to around $.53 with the market correction since the beginning of the new year got a 1% bump from the announcement on Wednesday according to Coinmarketcap.com.
The trading arena today is more active than ever, which means that brokers need to make a great effort in order to cater to the ever-evolving demands of market participants. Tapping into this understanding, the globally noted broker FXGT.com is now elevating its game. With the launch of their FXGT.com Pro and ECN accounts, the firm is rolling out the red carpet for advanced and professional traders with a thirst for exceptional working conditions.
“We have always been steadfast in our dedication to empowering every trader with seamless services and unwavering reliability,” stated a spokesperson for FXGT.com. “After months of hard work, our ECN and Pro accounts are nothing short of a revolution in terms of excellent trading terms. We’ve put an emphasis on the things that our more experienced clients require, such as asset variety, raw spreads, flexible margins and much more. We invite every trader who is dissatisfied with what their broker currently offers to check out the advantages of our Pro and ECN accounts, which are now available on our website.”
Bigger, faster, better
Among the many interesting features of FXGT.com’s new Pro and ECN accounts, some elements are especially worth noting. While the Pro account guarantees commission-free trading on no less than 10 different asset classes, traders who choose the ECN accounts can enjoy spreads that go as low as zero, alongside negative balance protection and the option for a 40% stop-out bar. Both accounts are coordinated with the reputable MetaTrader 4 and 5 platforms and mobile apps.
The spokesperson for FXGT.com also empahsized that all clients can benefit from these accounts, regardless of their trading background, as well as from the other accounts that the broker currently offers.
FXGT.com is an FSA-regulated brokerage firm that offers an extensive range of features for its clients The brand enlists a diverse mix of assets: from classic forex and stocks to the avant-garde realm of NFTs and crypto. Moreover, the broker integrates the prowess of MT4 and MT5 terminals, amplified by the VPS sponsorship facility. The broker also assimilates 24/7 multi-lingual support and four account types, enhancing diversification optionality. Functioning more than just a brand, FXGT.com ensures that traders are equipped with the right toolkit to stay ahead in the competitive trading arena.
SpookyZ Gaming Studio is disrupting and reinventing the future of gaming by creating the first truly agnostic universal inGame wallet and payment gateway platform integrated with its own native token (SPZ). This key innovation allows SpookyZ’s technology to be seamlessly integrated into any existing classic Web2 or MMO game turning it instantly into a Web3 Play-To-Earn game, bringing new life and excitement to the games you love. SpookyZ is currently integrating the best in class multiplayer adventure games like Grand Theft Auto and DayZ, layering them with our technology to enable instant Play-to-Earn (P2E) immersive functionality.
SpookyZ’s technology is bridging the gap for traditional Web2 gaming studios to seamlessly enter the fast growing Web3 games market which is projected to grow to $67 Billion by 2027, by simply integrating and layering our technology effortlessly to their existing games.
SpookyZ has created a new metaverse ecosystem with innovative gaming economies, monetization models and game asset tokenisation, which is integrated with our SPZ native token. This ensures that gamers can earn real-world money while playing their favorite games, with an advance inGame wallet that seamlessly connect to MetaMask and other secure wallets allowing tokens to be freely traded, swapped, sold using both DEX and CEX exchanges ensuring unprecedented transparency of all inGame digital transactions. SpookyZ is providing the most sophisticated inGame economic model that can be easily and cheaply integrated into existing Web2 games, bringing a previously unimaginable layer of inGame dynamism to classic games we all love.
SpookyZ have implemented a simple, sophisticated inGame tokenomics model that always ensures that 2% of all transactions are burned, a 5% tax on transactions and 3% of SPZ tokens are paid to the inGame reward pool. SpookyZ has passed a comprehensive and stringent technology and Smart Contract Audit and KYC compliance conducted by SolidProof, a leading Tier-One German Blockchain Security Company. Giving Web2 gaming studios total confidence when integrating our technology including our investors, gamers and community.
SpookyZ allows players to have full access to all information about transactions, providing a Provably Fair and secure platform for total inGame peace of mind. Our technology gives gamers the ability to use their skills to make real-world money and build profits from playing their favorite games. How much money they make depends entirely on their inGame strategy and skill level, the possibilities is endless.
Another key SpookyZ innovation is that gamers will have full digital ownership of all their assets including any SPZ tokens. They have complete freedom to use, trade, swap, store, sell or cash out for real-world money, the choice is completely theirs.
SpookyZ have assembled an expert multidisciplinary team that is absolutely passionate about the transformational power of Web3 gaming. The aim of our team is to fundamentally change the way games are perceived and played. Our technology which can instantly transform any existing Web2 game into a dynamic Web3 game seamlessly is now commercially available bringing a new era in gaming. We are keen to work, collaborate or partner with investors, distributors or content creators. Please feel free to reach out to our team and let’s build the future of Web3 gaming together.
SpookyZ is disrupting gaming by utilising Blockchain to create new inGame economies and asset tokenisation that allows gamers to earn real-world money in our metaverse .We have created an agnostic universal integrated crypto wallet and payment gateway platform with its own native tokens (SPZ) that can be integrated into any Web2 game enabling it to become a Web3 P2E game, seamlessly bringing Blockchain and crypto to the masses.
Klever is overjoyed to announce a defining moment in our pursuit of blockchain innovation: a remarkable $20 million investment commitment from GEM Digital Limited. This significant infusion, equally distributed with $10 million dedicated to each of our KLV and KFI tokens, is a resounding vote of confidence in our vision to transform the world of blockchain and web3. At Klever, we’re passionately crafting a future where blockchain technology and crypto wallets aren’t just powerful and secure but also incredibly user-friendly and inclusive. This milestone is a giant leap forward, reinforcing our unwavering commitment to innovation and our goal to democratize and make finance accessible for all.
Klever: A P2P Network For Everyone
Klever is a p2p network for everyone and is the embodiment of our commitment to pursue the dream of creating the most user-friendly and inclusive blockchain ecosystem.
At Klever, we’re driven by a core belief: Finance should be accessible to everyone. Since launching our first blockchain wallet in 2017, our mission has been to make finance universally accessible and free. We strive to unravel the complexities of blockchain technology, transforming it into a user-friendly blockchain tool for daily life. Today, with a fully-fledged blockchain ecosystem, we enable users to effortlessly invest, stake, create, and manage decentralized digital assets on one of the most sophisticated blockchains in existence.
For the first time, people in Nigeria can pay for food and goods using our Klever Wallet.
We’ve witnessed the challenges faced by developers and users in navigating the complex landscape of blockchain technology. Our solution? A platform where anyone, regardless of their country, beliefs, or technical expertise, can build and interact with blockchain technology. We make it so easy that everyone can use it.
Finance is complex and financial services are often exclusive, slow, expensive, and complicated.
We have found an opportunity to provide a blockchain hub and financial tools beyond the boundaries of social status, gender, religion, or nationality.
Looking ahead, this significant funding will accelerate our mission to make p2p financial services borderless, open, and accessible to all through our public blockchain network. We’re making waves towards a more inclusive, innovative, and user-friendly digital world.
Reinforcing the Open Source Movement
Klever’s investment in the open-source movement signifies our dedication to transparency, collaboration, and community-driven innovation. We believe that by embracing open-source principles, we can accelerate the development and adoption of blockchain technologies, making them more robust, secure, and versatile. This commitment to open source reflects our ethos of empowerment, inclusivity, and continuous learning within the blockchain community.
Control and Strategy in Token Utilization
Importantly, the decision to sell the tokens under this agreement rests entirely with Klever. We maintain full control over the timing, pricing, and quantity of tokens sold. This strategic approach ensures that our actions align with market conditions and our long-term vision, underscoring our commitment to responsible and thoughtful expansion. By retaining this control, Klever ensures that the investments are executed in a manner that best serves our community, stakeholders, and the overarching goals of our ecosystem. Through this multi-faceted approach, Klever is not just growing its financial and technological capabilities but is also strengthening its role as a leader in Blockchain and Web3, paving the way for a more inclusive and innovative digital future.
About GEM Digital Limited
GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, the firm actively sources, structures, and invests in utility tokens listed on over 30 CEXs and DEXs globally.
Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group with offices in Paris, New York, and Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 530 transactions in 72 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. The family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities and select venture investments.
GC Exchange FZE (GCEX), part of the GCEX Group, has been granted an Operational VASP Licence for VA Broker Dealer services from Dubai’s Virtual Asset Regulatory Authority (VARA).
GCEX, which opened its Dubai office in July 2022 and received its MVP (Minimal Viable Product) Preparatory License from VARA in February 2023, can now start market operations as a Virtual Asset Service Provider (VASP) in the Emirate of Dubai, enabling brokers, hedge funds, family offices and professional traders to access its deep liquidity in digital assets and range of technology solutions.
GCEX facilitates institutional access to digital assets through its proprietary XplorDigital trading solutions, which comprises of a technology-agnostic platform covering regulation, regulated custody, the safety of funds, tier 1 liquidity and technology (both back-end and front-end). GCEX only partners with regulated institutional digital custody and staking providers and always segregates client funds.
Mehtap Önder, Managing Director, GCEX in Dubai, commented, “VARA is leading the way in the global digital asset industry, and we are extremely proud to be one of the first firms to receive a VASP Operating Licence to provide Virtual Asset Broker-Dealer services and the first firm to gain approval to operate with a client money account, highlighting our focus on client protection.
“Being a regulated entity in the region is important to us – it’s the ideal way to demonstrate our commitment to adhering to international standards and implementing robust processes, with transparency and investor protection at the core of our offering. This is a major milestone for our business and is critical to GCEX’s growth strategy, enabling us to have a stronger presence in the region.”
GCEX Group enables institutional clients to access deep liquidity in FX and CFDs on digital assets, as well as digital assets spot trading and conversion as well as a broad range of trading solutions. Headquartered in London, with multiple offices across the globe, GCEX is regulated by the UK’s FCA and registered with the Danish FSA. True Global Ventures are investors in GCEX.
For further information, please visit gcexmena.com
Founded in 2018, GCEX is a pioneering regulated digital prime brokerage with a best-of-breed digital asset and FX platform for institutional and professional clients. GCEX has partnerships with Tier 1 trusted Liquidity Providers, leading counterparties and regulated digital custody asset institutions. GCEX offers a wide range of products and technology solutions including White Labels.
GCEX is a trading name of GC Exchange Limited, GC Exchange Fondsmæglerselskab A/S, GC Exchange A/S and GC Exchange FZE. GC Exchange Limited, a company incorporated in England and Wales (No11382809) with registered address at 75 King William Street, London, EC4N 7BE provides FX and CFDs products. GC Exchange Limited is authorised and regulated by the Financial Conduct Authority (FRN 828730).
Digital asset services are provided by GC Exchange A/S, a company incorporated in Denmark (CVR 43088777) with address at Amager Strandvej 390, 2770, Kastrup. GC Exchange A/S is authorised by the Danish Financial Supervisory Authority as a Currency Exchange (FTID 45020) and registered as a Virtual Asset Service Provider (FTID 17524) under the AML regulation.
GC Exchange Fondsmæglerselskab A/S, a company incorporated in Denmark (CVR 43345052) with address at Amager Strandvej 390, 2770, Kastrup. GC Exchange Fondsmæglerselskab A/S is authorised and regulated by the Danish Financial Supervisory Authority as an Investment Firm to offer FX and CFD products.
GC Exchange FZE is incorporated as a Limited Liability Free Zone Establishment under the Dubai World Trade Center Authority with registration number 1896. GC Exchange FZE has been granted a Virtual Asset Service Provider Licence by the Dubai Virtual Assets Regulatory Authority. For more information visit: https://www.vara.ae/
Established in March 2022, following the effect of Law No.4 of 2022, VARA is the competent entity in charge of regulating, supervising, and overseeing VAs and VA Activities in all zones across the Emirate of Dubai, including Special Development Zones and Free Zones but excluding the Dubai International Financial Centre. VARA plays a central role in creating Dubai’s advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy.
In a pioneering development in the Web3 realm, GROW Protocol announces its debut as the “world’s first real blockchain passive income coin”.
Signifying a radical shift in earning techniques, GROW merges conventional revenue sources with the power of blockchain technology to create a protocol that ensures long-term viability and growth.
Addressing Common Challenges
The GROW Protocol addresses the common challenge of inflation in the staking landscape, offering an unmatched 25% annual percentage rate in USDT through external revenue sources, expertise from seasoned traders with more than two decades of experience, and the strategic implementation of fee structures and real-world applications.
The Ethereum blockchain network forms GROW’s backbone, owing to the network being cherished for its quick transaction times, flexibility, and strong scaling capabilities. The protocol’s native token, $GROW, is essential for accessing the platform’s features, ensuring a sustainable and balanced growth model with a carefully engineered supply of 100 million tokens.
When compared to traditional passive income projects that depend on community participation for upholding payments, GROW Protocol is a significant breakthrough.
GROW Protocol’s Path to Success
The roadmap ahead for GROW Protocol symbolizes its commitment to growth and stability, encompassing KYC verification, security audits, DEX testing features, community growth initiatives, and numerous presale stages to ensure no one misses out.
Additionally, the roadmap extends to other innovative endeavors in the pipeline, including the launches of ‘GROW Exchange’, ‘Grow AI Trading Bot’ and a professional trading platform on Signal and Telegram.
The team behind GROW Protocol is dedicated to ensuring complete adherence to all relevant regulations to not only safeguard the project’s operations but also build trust among investors and stakeholders.
In a nutshell, the project’s mission is to pioneer a dependable and secure passive income stream that offers exciting investment opportunities for everyone – democratizing security and growth. With its revolutionary staking model, commitment to regulatory compliance, and vision for ongoing developments, GROW Protocol is set to reshape the economic destinies of investors worldwide.
GreaterHeat Pte Ltd (GreaterHeat), a Singapore-headquartered visionary in AI and Web3 Infrastructure solutions, proudly announces today the official launch of its Generative AI B2B Products & Services. Designed to enable seamless integration of blockchain storage, cloud computing, and edge computing, GreaterHeat’s tri-layered service architecture offers a suite of services catering to every stage of an AI project.
First Layer – Robust Foundations: At the base, GreaterHeat provides solid infrastructure support, offering secure decentralised data storage solutions and scalable computational resources. With data centers strategically located in Singapore, Hong Kong, and Texas, USA, clients are assured of top-tier data security and access.
Second Layer – Accelerating AI: Tailored for enterprises with AI model R&D capabilities, GreaterHeat offers GPU and technological support to streamline model training and inference, addressing scalability and efficiency.
Third Layer – Comprehensive AI Solutions: As the pinnacle of its service offerings, GreaterHeat offers comprehensive AI solutions, overseeing all aspects from data handling, model establishment to final deployment, ideal for businesses aiming for rapid AI adoption without the need to set up their own AI team.
GreaterHeat’s generative AI services are tailored for corporate clients who can leverage AI to optimize business processes, enhance efficiency, and drive cost reductions. In an era marked by AI breakthroughs like ChatGPT and Midjourney, GreaterHeat stands as a pillar for companies aspiring to create sector-specific AI innovations.
“Generative AI is transforming the enterprise landscape, and at GreaterHeat, we’re unlocking its potential for every business. Our bespoke three-tiered service suite is more than a product — it’s a partnership. We believe in powering innovation while safeguarding the trust our clients place in us,” stated David Li, Chairman and CEO of GreaterHeat. “Our commitment to privacy, security, and efficiency is unwavering, as is our dedication to propelling our clients to the forefront of their industries.”
GreaterHeat places great emphasis on maintaining robust data privacy and ensuring that users have complete ownership of their personal information. The company prioritizes earning the trust of its users and rigorously adheres to the highest global standards for data compliance.
By implementing transparent practices and providing users with control over their data, GreaterHeat empowers individuals in the digital space. Leveraging the capabilities of Web3 technology, the company ensures that users can manage, monitor, and control access to their data with ease and security.
With a focus on Asia’s vast potential for AI, GreaterHeat is poised to tap into the region’s expansive market, drive industrial innovation, and address pressing societal challenges. The company invites forward-thinking businesses to embark on an AI journey marked by integrity, innovation, and insight. With GreaterHeat, the future of AI integration is here.
About GreaterHeat Pte Ltd:
Founded in Singapore in 2021, GreaterHeat swiftly emerged as a standout in the tech arena, specializing in AI and Web3 infrastructure. Transitioning from its roots as a blockchain service provider, the company evolved into a premier Web3 gateway, offering an extensive array of blockchain technology services. Anchored by an unwavering dedication to Web3 principles, GreaterHeat deftly ventured into pioneering AI infrastructure. This strategic shift involved substantial investments in computing and storage capabilities to navigate the intricacies of AI infrastructure. For more info about GreaterHeat, please visit: www.greaterheat.com