DBX – The Blockchain For Real World Apps Launches Official ICO 1001

September 19th, 2018, Singapore – The technology company that’s leveraging Blockchain to build applications and businesses with transparency and control of data in its core, begins ICO.

DBX made headlines this week with the announcement of their ICO launch that is expected to shake up the Blockchain ecosystem. The ICO, which is now open, intends to help DBX expand its operations and help businesses utilise blockchain in a workable and “real life” manner. DBX, or Database X, has been described as a fundamental breakthrough in the rollout or usage of blockchain for more businesses.

DBX is unique from other ICOs by the fact that before ICOs began, DBX had already completed:

  • An open source on github.com of the first version of DBX Chain.
  • The launch of the Testnet.
  • Created the wallet app.
  • The first DApp (decentralized applications), known as Data Game.

More integration of third-party DApps from different industries have already been confirmed, including DApps with over 1 billion USD in annual transactions and a DApp with business in over 400,000 supermarkets globally. Prior to the ICO, the DBX founding team members had invested over $ 530,000 and had raised 5,100 ETH in private funding.

Those interested in supporting the DBX mission can click here https://supportus.dbx.one/

The Blockchain

How It Works:

DBXChain’s data ecosystem, built on blockchain, is designed for the big data era. The primary mission is to build a highly efficient and safe blockchain network, which encourages strengthened data exchange, and data value mining. The main hindrances of data exchange currently are data wastage, data islands, data scattering, and supply versus demand imbalance. To solve these problems, DBXChain offers a demand oriented, structured community network to serve as a safe,  efficient, traceable, connected and deeply useable data trading platform, suitable for data exchange and decentralization. While blockchain to date has been revolutionary, it is limited in terms of real world applications. This is where DBXChain is unique, as it is designed for real world purposes.

The Benefits:

  • Modernised, Decentralised Blockchain.
  • Real business and Real World applications.
  • Safe, Low Cost and Efficient.
  • Transparent and Open.

About DBX (Database X):

DBX (Database X) is a value-based ecosystem of data built on blockchain. It is a decentralized community for exploring and exchanging valuable data. It utilises a huge amount of “useless” data to achieve great value by making a correlation with demand which was previously undiscovered. This enables every participant in the community to acquire data with higher efficiency, lower cost and fairer trading. All data is, of course, accessed with the users consent. DBX put a huge emphasis on safe data and data protection. Users even have an option of monetising their own data, with a unique revenue sharing model.

DBX launched in 2016 and have since developed their own blockchain which aims to improve the now outmoded blockchain. DBXChain’s main business is data infrastructure that releases data’s value and “atomizes” data transactions. Data connections, that were not previously able to release value, have been made possible by this new blockchain operation system. As a result, this opens up blockchain to far more “real world” relevance than has previously been possible.

At the end of 2016, Tomi Wen, the founder of DBXChain, chose to get into the blockchain market by working on the underlying system of public chain and data infrastructure in the blockchain world. Tomi Wen holds a bachelor’s degree from Renmin University, and is a tech geek. He developed a software DIY-Page at age 15 and became “the software author that made Baidu change its algorithm”.

Media and Investment Contacts:

DBX Website: https://dbx.one/
Corporate Email: [email protected]
Whitepaper
Buy Tokens: https://supportus.dbx.one/

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Algorand Looks to Prove Why Algoracle Is Needed in the Contemporary Blockchain and Crypto Sector 4512

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.

Sleep Future Launches World’s First Sleep Wellness Sleep-To-Earn Ecosystem Build On Blockchain 4967

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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? 5314

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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.

RFOX Launches New RFOX NFTs Platform, Invites Artists to the RFOX VALT Grants Program 5580

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The new beta version of the RFOX NFTs platform provides artists, creators, and businesses with a one-stop platform for their NFT creation needs. To further support artists, RFOX is inviting them to join the RFOX VALT Grants Program and benefit from up to $10,000 USD in funding for the creation of artworks to be offered in the RFOX VALT metaverse.

3rd Feb 2022 – Ho Chi Minh City, Vietnam – Metaverse company RFOX today announced the public launch of the RFOX NFTs platform, empowering artists, creators, and businesses to simply create NFTs without worrying about the technical complications involved. RFOX NFTs, which recently started its beta launch, is a one-stop platform built with the essential features needed to create, organize, and sell NFTs in an easy and convenient manner.

As a key part of the RFOX ecosystem of metaverse-related products and services, RFOX NFTs offers an end-to-end white-label creation, website, marketplace, and shared liquidity pool platform. Through the RFOX NFTs platform, RFOX bridges the gap between technical competency and market opportunity for NFT creators.

RFOX NFTs

The RFOX NFTs platform features a dashboard with tools for making new NFT projects, deploying smart contracts for NFT creation, importing existing NFT collections, customizing NFT sale widgets, and building custom-made NFT marketplaces, with more features to come soon.

Furthermore, RFOX NFTs opens more opportunities for creators to build their own NFT projects and marketplaces. This addresses some sought-after features in the NFT industry and encourages the spread of more avenues for creation, promotion, price discovery, and distribution of NFTs amid constantly increasing demand for such services.

NFTs, short for non-fungible tokens, recently emerged as a main growth driver for the cryptocurrency and blockchain industry. About $41 billion worth of cryptocurrency was spent on NFT marketplaces and collections in 2021, a 410x rise from just $100 million in 2020. Given the global popularity of NFTs, creators and companies from different industries are proactively exploring opportunities to get in on the NFT action.

The beta launch of RFOX NFTs builds upon the accomplishment of several key milestones for RFOX’s NFT venture last year. RFOX NFTs powered the launch of the A$AP NAST x Reebok Zig Kinetica II Edge NFT collection and the Miss Universe Philippines NFT Collection, as well as the offering of virtual land in the RFOX VALT metaverse. With a proven track record of working with major partners such as Reebok, Miss Universe Philippines, and VOID Cyber, RFOX NFTs further expands its reach to more creators through this newly-launched platform.

Ben Fairbank, Co-Founder and CEO of RFOX, said: “We are proud to introduce the first major product launch of 2022 for RFOX: the RFOX NFT platform. This beta launch will showcase the world-class NFT solutions we provided to Reebok, Miss Universe Philippines, and VOID Cyber, to more artists and companies worldwide. We believe that NFTs will continue to grow in market capitalization and global presence, and at RFOX, we’re at the forefront of driving further growth for the industry. We invite artists, creators, and businesses to join us in spearheading the future of NFTs.”

The RFOX NFTs platform will be available in beta access in early February, followed by a full launch soon. NFT creators will be able to access the platform through their RFOX IDs. Interested parties can register on the RFOX NFTs website to gain beta access to the platform.

RFOX VALT Grants Program

Alongside its recent beta launch of RFOX NFTs, RFOX has also extended an invitation to creators around the world to join the RFOX VALT Grants Program, which gives qualified creators up to $10,000 to jumpstart their NFT projects.

This grant program provides funding support to promising NFT creators and artists who want to enter the metaverse and launch their art collections on our very own NFT platform in the RFOX VALT metaverse. With the conclusion of virtual land sales for two quarters in the RFOX VALT last year, the RFOX VALT metaverse Is quickly taking shape, and it opens significant opportunities for artists around the world to leverage the metaverse for their creation and distribution of game-changing NFTs.

Aside from funding support worth up to $10,000, the RFOX VALT Grants Program also gives creators access to technical support from the RFOX VALT team, which will guide artists in every step needed to feature their artworks in the metaverse, as well as global promotions of these NFTs to RFOX’s thriving community and the general public.

Sign up now on this website to apply for the RFOX VALT Grants Program and follow us on these social media platforms for RFOX NFTs:

Twitter
Instagram
Facebook

THE INX DIGITAL COMPANY, INC. ANNOUNCES COMPLETION OF REVERSE TAKEOVER 5010

The INX Digital Company, Inc. (the “Resulting Issuer” or the “Company”) (formerly Valdy Investments Ltd. (“Valdy”)) is pleased to announce the closing of its previously announced reverse takeover transaction (the “Transaction”).

Pursuant to the terms of an amended and restated securities exchange agreement dated November 3, 2021 (the “Securities Exchange Agreement”), Valdy acquired all of the issued and outstanding shares of INX Limited (“INX”). Following the completion of the Transaction, INX became a wholly-owned subsidiary of the Company and Valdy changed its name to that of the Resulting Issuer.

Prior to completion of the Transaction, the common shares of Valdy (the “Valdy Shares”) were consolidated on the basis of 2.7266667 pre-consolidation Valdy Shares for one-post consolidation Valdy Share.

In connection with the Transaction, on April 1, 2021, INX completed a subscription receipt financing led by PI Financial Corp. and Eight Capital for aggregate gross proceeds of C$39,600,000 (the “Financing”). Pursuant to the terms of the Financing, the escrow release conditions for the Financing have been satisfied and each subscription receipt has been converted into one common share of the Resulting Issuer (each, a “Resulting Issuer Share”) and one-half of one common share purchase warrant of INX (each whole warrant, an “INX Financing Warrant”) and the net proceeds from the Financing have been released from escrow. Each INX Financing Warrant is exercisable into one additional Resulting Issuer Share until [January 10, 2024] at an exercise price of $1.88 per Resulting Issuer Share.

The Company received conditional approval from the Neo Exchange Inc. (the “NEO Exchange”) on December 31, 2021 to list the Resulting Issuer Shares following the completion of the Transaction and the fulfillment of certain listing conditions. It is anticipated that the Resulting Issuer Shares will commence trading on the NEO Exchange under the ticker symbol “INXD”, following the issuance of the NEO Exchange’s final approval and listing bulletin.

Additional information with respect to the Transaction and the Resulting Issuer will be provided in the Resulting Issuer’s listing statement, which will be filed on the Resulting Issuer’s SEDAR profile at www.SEDAR.com prior to the commencement of trading of the Resulting Issuers Shares on the NEO Exchange.

Reltime ‘RTC’ list its unique PoA Protocol and Decentralized Ecosystem 5594

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Oslo, Norway / Reltime’s Proof of Authority Blockchain along with its decentralized banking ecosystem will launch in the 2nd quarter of 2022. Reltime has announced it will be the first blockchain company to bring borderless joint accounts and peer to peer loans to its end-users.

Currently, Reltime is listed on Bitmart and CoinTiger. Reltime is also on track to conduct two more IEOs in the near future: one at P2PB2B, and the other at IndoEx, both with the ticker RTC.

Reltime was founded by a team in Norway, El Salvador, Canada, and India. Reltime started out as a project at King’s College London in 2018. Built on trust, performance, and security, the Reltime DeFi (Decentralised Finance) Ecosystem is owned, backed, and supported by the world’s leading financial partners, such as TAG Systems and FSS Tech.

Reltime Ecosystem

Reltime envisions building a permissioned blockchain with its own decentralised banking ecosystem. Reltime will empower anyone with an Internet connection to engage in advanced financial activities such as peer-to-peer (P2P) borrowing and lending, currency exchange, and domestic and international transfers—all with no fees. The initial launch is scheduled to take place in Brazil, Europe, India, Japan, and Mexico by the 2Q of 2022. Reltime expects to have a global reach for its services by the 4Q ofthe same year; its goal is to do the IPO during the 1Q of 2023.

With its decentralised infrastructure for borderless payment processing, Reltime aims to become a leading full-service digital finance platform with its own stable currency, making SWIFT/IBAN unnecessary for fiat transfers.

The Proof-of-Authority protocol

Reltime is also developing a sophisticated, proof-of-authority (PoA) protocol to deliver payments, instant settlement, and free transactions globally between users based on identity. Reltime’s goal is to reconstruct the banking system as a de facto decentralised platform that is automatic and compliant with regulations. A subsidiary is being established in El Salvador as well (operational in January 2022).

Reltime aims to redefine the state-of-the-art blockchain technology used in tenant and microtransactions and to bridge the traditional financial market and cryptocurrency market using its platform. Today, people are one step closer to complete independence from banking systems. Anyone can build a DLT based service from the Reltime Open API.

Reltime offers Plethora of Services

Reltime projects include mobile applications, free P2P transfer, joint account, lender and borrower interface, where the Lender can customize a loan offer and establish a smart contract to any borrower in the phone contact list. It also includes Marketplace for Borrower with Collateral, a micro-Swap exchange, and DEFI Sandbox, in the end, a comprehensive banking platform controlled by the end-users. Users can review the introduction here, where Reltime also presents the MVP of the service:

Reltime aims to bridge the traditional financial market and the cryptocurrency market using their platform. By doing this, Reltime aims to be a leading DeFi product in driving mass adoption of blockchain technology and accelerating the growth of DeFi. Problems associated with DeFi have been about the complexity of the current DeFi products and the need to be tech-savvy to understand the DeFi landscape fully. Reltime plans to ease the barrier of entry into DeFi and has worked on the project for several years.

Reltime has partnered with several key players in the industry to fulfill the full scope of the deliverable to the users. From License/BIN/EMI, Checkout, Deposit, Biometric Card, and Development. The Reltime team has raised money to fulfill the project, both from the founders and partners. The aim of listing at the exchange is to bring Reltime’s services to the global market and the users in the crypto market. At the same time, all Token holders will be invited to the PreIPO in the 4Q of 2022.

The ecosystem will be open for anyone, both from the financial industry, developers, and distributions. DEFI and Financial systems are all about mathematical calculations. Reltime sees massive potential in the listings, to attract investors and most importantly: find global partners that can bring the Ecosystem of Reltime to the mass market. “We really look forward to the future, informed the CEO Frode van der Laak.”

To learn more about Reltime visit Reltime.com
Twitter: https://twitter.com/Reltimedefi
Telegram: https://t.me/reltimedefi
Linkedin: https://www.linkedin.com/company/reltimedefi

Source: Reltime AS