End of Month Roundup: Cryptocurrency Winners and Losers in May 673

Top performing cryptocurrencies in May were Bytecoin, Zilliqa and Decred. While Cardano, Nem and Qtum suffered the heaviest losses.

As we pass into another month in crypto land it is time to evaluate May’s winners and losers. After solid gains throughout April, May was set to build on them and send crypto markets higher again. It didn’t happen and the bears regained control pushing them all back down again from highs on the 6th. May has largely been a month of decline.

Total crypto market capitalization has fallen in May from around $418 billion on the 1st to $328 billion on the 31st. This equates to a loss of 21.5% as 90 billion dollars flooded out of crypto and back into fiat. Since the peak in January, crypto markets had lost 60% by the end of May, around $500 billion. For the past 3 months they have been oscillating between $270 and $470 billion, unable to break out in either direction.

Bitcoin has played the pied piper and led the markets down falling from $9,200 at the beginning of the month to around $7,500 at the end of it. This represents a fall of 18.5% which is slightly less than that for all cryptos indicating that altcoins have had a worse time in May. Bitcoin trade volume has also fallen from around $8.5 billion to $4.5 billion during May; this has knocked its market cap down by 18% to $128 billion. Bitcoin’s market dominance increased marginally in May from 37.7% to 39%.

May Crypto Winners

An epic pump caused by a Binance listing made Bytecoin one of the very few cryptocurrencies that ended May at a higher level than it started. BCN made 19% in May from $0.0055 to $0.0065; in satoshi levels this privacy focused coin did very well climbing 53% from 58 to 89 satoshis. Bytecoin surged into the top 25 and ended May at 20th spot with a market cap of just over $1.2 billion.

Zilliqa is one of the few other coins in the top 30 that has ended May higher than it began. Up 10% from $0.010 to $0.011 ZIL was also listed on a number of exchanges which gave it the pumps. Against Bitcoin Zil climbed 36% from 1100 satoshis to 1500 satoshis, its market cap at the end of May was $830 million.

Decred also needs a mention as it gained 12% in May from around $80 to $90 at the end of the month. DCR made solid gains against BTC also rising 35% from around 920000 satoshis to 1220000 over the 31 days. Decred is ranked at 29th spot with a market cap of $660 million.

May Crypto Losers

Ethereum has not fared as badly as Bitcoin during May but has still lost around 16% from a trading level of $670 at the beginning of the month to $560 at the end of it. This had the result of knocking $11 billion off its market cap as all cryptos fell in unison.

Ripple’s XRP has taken a beating in May dropping 27% from $0.82 to $0.60. As usual the company continues to forge a way into the banking system with new partnerships but this has had little effect on its cryptocurrency price. If any token should do well it would be the one that is being used in real world situations and should be XRP with the xRapid system. This hasn’t been the case though for Ripple.

Bitcoin Cash began the month trading at around $1,300 and ended it 25% down at around $980. BCH peaked at $1,840 on May 6 leading up to its mid-month hard fork but this was not enough to stop the downward slide that followed.

EOS has dominated the news in recent weeks with the launch of its mainnet but this did not stop the coin shedding almost 30% in May. Starting out trading at around $17, EOS had fallen to around $12 by month end. Against Bitcoin however it has only lost 16% falling to 162000 satoshis at the end of May.

Litecoin has followed the rest of the cryptos by falling in May. No news has emerged for the world’s 6th most popular digital coin which saw prices plummet from around $145 to $117 during the month. The 20% loss is in line with the general fall in crypto markets during May.

Cardano took a heavy hit in May shedding 38% from $0.34 to $0.21. ADA is more volatile than most altcoins as it climbs quicker but falls harder, against BTC is lost 23% ending at 2860 satoshis. Likewise Stellar Lumens suffered heavy losses in May dropping 36% from $0.42 to $0.27. Against Bitcoin XLM fell 18% to 3760 satoshis at the end of May.

Iota lost 17% in May sliding from $1.9 to $1.57 over the 31 days.  Against Bitcoin however it remained stable at around the 21000 satoshi level, making it one of the few coins that did not lose out to BTC in May. Previously well performing Tron lost over 30% in May falling from around $0.090 to $0.062. In satoshi terms the loss was around half at 15% from 1000 sats to 845 sats over the month.

Neo took a pasting in May falling from $80 to $51 over the month. The dollar loss equates to around 36%, the Bitcoin loss was around 22% with Neo ending the month at around 700000 satoshis. Monero also got battered losing 34% from $235 to $155 in May, and Dash fell by the same percentage ending the month just over $300.

Nem got beat up in May along with the rest falling 38% from $0.39 to $0.24. VeChain lost 23% ending the month at around $3.40 and Binance Coin just below it shed around 10%. Ethereum Classic dropped 28%, Qtum got battered 40% falling from $22 to $13, and just outside the top 20 OmiseGO lost 37%.

Similar losses were suffered by Icon down 34%, Zcash losing 11%, Lisk down 32%, and rounding out the top 25, Ontology losing 21%.

The majority of cryptocurrencies fell in May, with only a handful of smaller ones doing well as major exchanges listed them. Overall losses in May were not as bad as March but most of the gains made in April were wiped out and markets were generally bearish at the end of the month. To summarize, the biggest winners in the top 30 in May have been Bytecoin, Zilliqa and Decred with Cardano, Nem and Qtum suffering the biggest losses.

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TechX’s Portfolio Company Catalyx Announces Listing of the CADX Stablecoin on the Bittrex Global Exchange 13203

TechX Technologies Inc. (“TechX” or “the Company”) (CSE: TECX) (OTC: TECXF) (FRA: C0B1), a company focused on emerging technologies across growth sectors including: crypto, blockchain, AI and cloud technologies, is pleased to announce that its investment in CatalX CTS Ltd. (“Catalyx”) is proving to be an early success as it officially listed its Canadian stablecoin, CADX on the Bittrex Global Exchange. Bittrex is one of the world’s top 15 cryptocurrency exchanges in terms of liquidity.

Catalyx.io, Canada’s premier cryptocurrency exchange with over 40+ altcoins, launched its Canadian dollar fiat-backed stablecoin CADX in 2020 through a partnership with Seattle-based fintech company Stably. CADX is powered by Stably’s ERC20 smart contract technology, which has been audited by a leading US-based blockchain security firm, QuantStamp.

CADX is a multi-chain Canadian Dollar pegged stablecoin merging the flexibility, security and speed of cryptocurrency with the stability of fiat. Every CADX token is fully backed and redeemable for $1 Canadian dollar and is held in an audited account managed by Prime Trust, a Nevada-chartered trust company that is the official regulated trustee and CVC administrator for CADX.

Potential roles for the new CADX token are in cross-border payments and remittance, peer-to-peer lending, merchant payment solutions, smart money (programmable money), interest bearing digital wallets, partnerships for international remittances and settlements and forex conversions.

Monthly reserve attestations shall be conducted by Cohen Co. a leading US stable coin auditor, to ensure transparency and credibility for the project.

CADX offers the following features:

  • Redeemable for CAD on a 1 to 1 basis with instant redemption 24/7
  • Earn interest on CADX from crypto lending
  • Send or receive CADX to or from anyone, anywhere and at any time
  • Bank-grade off-chain security for asset custody and sensitive data storage
  • Easy to integrate with any mobile applications
  • Regulated trustee organized under US laws
  • Zero token issuance/ redemption fees (excluding wire fees and network/gas fees)
  • Cheap on chain transfer for only a few pennies for network/gas fees
  • Fast on chain transfer speed
  • Multichain support for Ethereum, Tezos, Algorand and many other protocols

“We are ecstatic to be the first Canadian dollar-backed stablecoin to be listed on Bittrex, one of the world’s top crypto exchanges,” said Catalyx CEO Jae Park. “The listing on Bittrex provides the CADX coin international market exposure and offers crypto traders a flexible and secure alternative to existing stablecoins.”

DIRHAM: A New AED Backed Fully Regulated Stablecoin With Smart Contract Support 14322

DIRHAM

The cryptocurrency market has turned into a perfect investment alternative for retail as well as institutional investors. It has grown to become a $2 trillion industry as mainstream adoption came knocking this bull season. The price volatility of these digital assets works in both ways as it helps people to make a good profit in a short period while on red days it can lead to significant losses as well. However, the most important aspect is the transfer of value where fluctuation in prices can make it complex to transfer it or lose some value during the exchange. This is where stablecoins come into play as it ensures a stable value against the market volatility, but the popular stablecoins such as USDT lack transparency and have often been marred into controversy. The value of USDT often falls below $1 and even rises above the pegged value during extreme market fluctuations.

In the cryptocurrency market, stablecoins serve as a buffer. Through them, the owners of large capital can enter the crypto market to turn a large amount of money into money inside the blockchain at once and trade on them or invest. This is where DAH dirham, a regulated stablecoin that combines the creditworthiness and price stability of the AED Dirham comes into play. DAH is tied to the rate of AED 1:1 and (approximate cost of $ = 0.27). Only minor fluctuations in the exchange rate that the cryptocurrency market can produce are allowed. DAH is built on top of the Ethereum network and uses ERC-20 protocols to ensure minimal exchange rate fluctuations.

The value of a digital asset is 20% secured by AED / USD and 80% secured by the issuance or burning of a token within the framework of the blockchain protocol. Full 100% provision of a digital asset by an external traditional real asset will be completed by the specified path.

What Separates DAH From Other Stablecoins?

The main regulator of the value of DAH is the control of the token issue. When the demand for stablecoin increases, there is an additional issuance to keep the price stable, there is a burning of tokens if the price exceeds the set limit. Also, the regulators of the value are the exchanges that determine the maximum fluctuation in the value. The basic information on the distribution of the token, as well as fixing the cost of DAH, is hardcoded in the smart contract of the token. The smart contract is verified and fully regulated.

DAH will act as the bridge to exchange between various reverse coins/tokens. This means that it will act as an interface that mediates transactions between blockchain users and will also implement an ecosystem that can be effectively used by various reverse coins. Dirham is now used as a reduced volatility clipboard. It has a wallet, an exchanger, as well as the Dirham Trade exchange (Dirham.trade), trading on which will be open after the ICO.

DAH and Habicoin Ecosystem

Being built on top of the Ethereum network allows DAH to function much more than just a traditional stablecoin. DAH act as the base for the Habicoin ecosystem. Habi is a separate decentralized privacy-focused mining token. Habi makes use of the HabiLanS Protocol (HLS). There are no identifiable or reused addresses in the HLS blockchain, which means that all such transactions look random from the outside. Data about such an operation is available exclusively to participants.

HLS blockchain will use a function called cut-through, which reduces the amount of data in the block by removing unnecessary information about transactions. HLS offers data compression, reducing the overall size of the blockchain network. Using this node can check the transaction history much faster, using fewer resources, which will also affect new nodes. This in turn reduces the cost of joining the network and running a node can ultimately lead to a more diversified and distributed community.

DIPAY (display.app) is a technology that collects and transmits payment information for online payments from customers to acquirers around the world. All this will make it possible to implement a large-scale project that has not yet been implemented by anyone. These four components will work in tandem to provide a single mechanism for Dirham.

DAH Token Distribution and Public Offerings

The first emission of DAH would release 11,000,000,000 tokens out of which 5% equivalent to 550000000 DAH would be allocated towards ICO. The initial coins supply are distributed as follows:

  • 83 % – IPO initial public offering (IPO) for using “stablecoin” as a stable digital asset. (0x72edd6a805cb82c5f8f5c8954b301dc059f29e1b)
  • 5 % – ICO to Republican investors and accredited investors for crowdfunding, receiving some remuneration and subsequent sale on trading platforms (no more than $148,500,000). (0xfee6c3ee37857ff3ae73cabba651acafcd7a67a0)
  • 3 % – remuneration, grants, and other financing. (0x10a9e61757b6c5af88053ba42d97fb385879d993)
  • 3 % – Dirham fund, for engineering development, building communities, and marketing activities. (0x476e0380bae4ace85c60db480341d5926e3a1d7a)
  • 6 % – for creators, team, and development. (0xe0b737ebace42bef7385e8e66a75b6e1085fef47)

The token is currently listed on Coinsbit exchange with trading pairs: DAH / BTC, DAH / ETH, DAH / LTC, and Finexbox exchange: DAH / BTC, DAH / ETH.

The ICO is currently live and would go on until 19th June 2021, users can buy DAH at a 25% discount during the initial buying phase. After the end of the ICO phase, the firm would also organize a 100 day staking period where uses would earn a 0.8% reward on the total number of staked coins.

IPO session for Dirham token on P2PB2B exchange is open. Users can participate in purchases with a 9% bonus on market sales. The session duration is 14 days, the sale is available on Finexbox, Coinsbit, and P2PB2B after the end of the IPO session. Available pairs: DAH / BTC, DAH / ETH, DAH / LTC, DAH / DASH, DAH / USD.

To learn more about Dirham visit Dirham.app

Registration key: https://dirham.app/?ref=8FwYdc (registration only by key).

Twitter : https://twitter.com/dirhamtoken

Facebook : https://www.facebook.com/groups/738844056812189

Telegram : https://t.me/dirhamtoken

Discord: https://discord.com/invite/DRyr99vUSJ

Website : https://dirham.app/

Blockchain and NFT technology Applications to become New Growth Drivers for Glory Star 17967

Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading digital media platform and content-driven e-commerce company in China, today announced the commencement of the commercial applications of its blockchain and non-fungible token (“NFT”) technologies through its digital copyright management platform (the “Platform”). The Platform will allow Glory Star to further explore business opportunities in NFT assets as potential new growth drivers for the Company.

Interest in NFTs derived from blockchain technology is growing rapidly. According to the latest data from nonfungible.com, the value of the entire NFT market has grown from less than $41 million three years ago to $338 million at the end of 2020, representing an increase of 724%. Furthermore, with the development of the digital global economy, production, operation, consumption, entertainment, and lifestyles are rapidly undergoing a digital transformation. This has led to data becoming one of the most important assets in this new digital economy. Consequently, new challenges in data authentication and authorization have also become important issues to consider, and blockchain technology could play a significant role in alleviating these challenges.

Glory Star’s Platform has been put to use in the Company’s copyright management system for its CHEERS video platform as well as the SaaS, point-redemption, and live-event modules for its CHEERS e-Mall. The Company’s Platform leverages cutting-edge technologies such as blockchain, big data, and artificial intelligence to store the key data for digital intellectual property (“IP”) in a blockchain database. The immutability, traceability, scalability, and transparency of blockchain technology enables the Company’s database to verify the integrity and security of these assets through all registration, search, and other processes. This ensures the credibility of the digital IP and the traceability of user operations to ensure a trustworthy and authoritative copyright platform.

Furthermore, the Company’s Platform offers effective tools for users to streamline copyright validation, storage, protection, and other transactional processes for digital assets to safeguard against copyright infringement. It also provides effective solutions for industry challenges in copyright verification, monitoring, and evidence collection. The Platform also provides digital asset blockchain certificates to validate copyright, deploys a digital-asset DNA database for cross-checking information and generating verification reports to monitor copyright, and leverages blockchain technology to enable the collection of ownership data, confirm the digital asset’s ownership online, and execute copyright transactions to generate funds by trading asset-backed securities through the blockchain. As previously announced, the Company has signed a cooperation agreement with Beijing Minsheng Art Museum to promote the application of NFT technologies for digital content. Both parties plan to further explore the feasibility of minting joint NFT assets and participating in the trading of NFT artwork and other collectible digital assets. In addition, Glory Star will integrate a new category of cultural and art collectibles on the Company’s CHEERS e-Mall platform, which will provide a boost to the circulation and promotion of Chinese artwork and further improve the content ecology on CHEERS applications.

Mr. Bing Zhang, Founder and Chief Executive Officer of Glory Star, commented, “As an innovator in the entertainment industry, we have always actively monitored the digital development of culture, media, and technology with great interest. Our commitment to R&D and investment in new technology has always been critical to our strategy to integrate our product ecosystem with the new digital economy. We are confident that such efforts will enhance the competitiveness of our products and fortify our industry leadership. Going forward, new applications for blockchain technology will be an important focus for us to promote rapid growth not only for Glory Star but for the entire digital content industry as well.”

Meet TABOO, the unique token that gives reward for every transaction 15560

TABOO

TABOO is a community-led project with absolute rug proof security, allowing all participants to participate in a completely secure ecosystem with a fully locked liquidity pool. They give a portion of each purchase to their faithful holders as a gift. With each transaction, your TABOO tokens will rise!

TABOO holders passively earn tokens by static incentives with a set 5% tax that is allocated to their holders’ ‘TABOO is a deflationary MEME token with a 7% transaction tax. 2 percent is indefinitely burnt from the stock, implying that the quantity of token in nature is still decreasing, making this token more difficult to obtain, raising the token’s price. 5 percent is allocated to all of our holders, implying that the number of tokens in your wallet is constantly increasing!

Team Tokens are secured by a DX auction, and liquidity is secured, providing our investors with complete security.

People behind TABOO 

The TABOO team is an entertainment and publishing blockchain platform initiative that uses NFTs to build an inspired and, most importantly, satisfied long term holder!

They are a deflationary meme token that brings you unique never-before-seen uncensored NFT material from world renowned beauties!

TABOO’s staff understands that the fundamentals of a good coin must be MARKETING! They need a crowd whose values are shared, and there is no question that as a group, they will push this coin well beyond the $100 million market cap in no time.

Roadmap

Q2 2021:

  • Launch Website
  • Presale
  • Airdrops
  • Whitepaper
  • CoinMarketCap listing

Q3 2021:

  • Top Tier CEX Listings
  • Deploy exclusive NFT content to premium TABOO holders
  • Banner ad campaigns
  • Glamour model/ pornstar marketing
  • Begin talks with leading online adult only websites

Tokenomics

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How to buy TABOO

To buy TABOO, you must first own some BNB and transfer it to your wallet. TABOO can then be obtained via PancakeSwap.

SEND BNB TO WALLET

1. Login to your binance.com account. select wallet and click “overview”.

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2. In your wallet overview, click “withdraw”.

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3. Once you’re in the withdrawal menu, select bnb, enter the withdrawal address (obtained from metamask), select binance smart chain as the transfer network, and enter the amount you want to withdraw.

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4. After selecting binance smart chain as the transfer network, a pop-up screen will appear. select “I understand”.

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5. The next steps are the same as with any other withdrawal. A confirmation screen will appear to inform you about the conversion rate, fees, and to allow you to review the transaction details once again.

6. Once confirmed, you’ll be asked to enter your verification code to approve the withdrawal.

Your transaction will be processed shortly. The funds should appear in your metamask wallet balance (under smart chain) within a few minutes after you receive the withdrawal confirmation email.

BUY TABOO ON PANCAKESWAP

1. Access to www.taboo.community

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2. Buy Taboo on pancakeswap

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Join TABOO on Telegram

Plethori is Offering Investment Opportunities into Leading Insurance, NFT, and Oracle Sectors 13786

Plethori

London, United Kingdom / 23 May 2021 / Plethori, a cryptocurrency ETF investment platform, is offering investment opportunities into leading Insurance, NFT, and Oracle sectors.

In the crypto world, investment opportunities are plenty, but can appear scattered and complex. Plethori plans to help solve this problem. As crypto becomes more mainstream, emerging projects are combining the best of the traditional and decentralized markets in order to offer the greatest investment opportunities to serious investors. One such company is Plethori, a one-of-a-kind cross-chain investment platform built on the Ethereum and Polkadot blockchains. Their goal: to deliver Cryptocurrency Exchange-Traded Funds (ETFs) to the masses via their platforms.

Plethori is a Cryptocurrency ETF Investment Platform that allows the open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The service will allow investors to deposit capital in the form of PLE tokens and invest in a wide range of ETFs enabling investment into entire industries in cryptocurrency such as insurance, oracles, NFTs, Derivatives, Polkadot ecosystem projects, and many more.

The cross-chain investment platform recently partnered with Shield Finance — a multichain DeFi insurance aggregator. Shield Finance has developed an insurance aggregator which enables investors to protect their portfolio against ‘black swan events such as hacks, exploits, rug pulls, market crashes. The partnership will provide Plethori’s users with the power to insure their investments against negative price movement. Shield Finance will deploy Market Crash Protection contracts to cover the $PLE token. Holders will be able to insure their tokens against loss, giving them the ability to sell their $PLE at a guaranteed price (irrespective of current market price). Plethori also has plans to explore deploying the same insurance contracts to cover their range of available ETFs.

Plethori Brings Financial Inclusiveness

Soon to be launched on the ethereum layer 2 solution Optimism, Plethori will be able to offer their users ultra-low transaction fees and fast trading whilst maintaining high security. The platform shall also provide ERC-721 integration, rewarding ETF creation and trading achievements and gratifying investment and trading. Plethori will utilize the Ethereum and Polkadot ecosystems, empowering traders by providing a wide range of ETF tokens to trade and invest in. This will allow for the leveraging of technology from both blockchains. The service will allow investors to create fully decentralized ETFs that can then be traded which will earn creators a share of the subsequent transaction fees. The leaderboard system will reward top-performing fund creators with NFTs which give perks on the platform and partner project platforms such as early access to releases and higher staking APY.

Some of the key features on the platform include: Metamask Wallet connectivity for trustless non-custodial transactions; Blank Wallet integration for secure, private transactions; ultra-low fees on transactions; margin trading; leveraged trading; advanced charting features; detailed asset information; cryptocurrency market analytics; portfolio management tools; PLE token staking and farming and a lot more.

Plethori Governance

Plethori Governance is the governance platform and a community forum where PLE token holders will be able to submit proposals and vote on platform changes which will be vetted and executed by using governance contracts. The community will be able to communicate with other equally dedicated members in the tiered groups on the platform and coordinate and propose changes to the Plethori ecosystem.

The governance structure will be a complex but fair tiered system with each holder initially holding an equal single vote and their vote growing in value in response to certain factors relating to usage and involvement in the ecosystem.

The metrics that will influence the governance tier level and strength of vote are: length of time holding PLE; length of time staking/farming PLE; frequency of usage of the Plethori platform; level of engagement in the Plethori Governance platform, and; community contributions.

This system allows for community control, which holds true to the original cryptocurrency ideals of decentralization and democratization.

The PLE token will additionally act as a governance token for the platform giving the community the power to direct the development and advancement of their goals. PLE token holders will be able to vote on the platform to determine fund parameters and new features. They’ll also be able to influence decisions concerning the project such as ETF asset rebalancing or listing/delisting of assets. The changes proposed will be vetted and then voted on through the governance platform. Any changes will be applied automatically via smart contracts.

Conclusion

Plethori is bringing an era of financial inclusiveness through its cross-chain investment platform that offers several investment opportunities via Defi to one and all. Their interoperable platform allows for seamless trading between the Ethereum and Polkadot ecosystems.

The platform guarantees more than simply an aesthetically thought-out UI but also an investor-centric feel to create the perfect blend between form and functionality.

Social Links :

Twitter : https://twitter.com/plethori

Telegram : https://t.me/plethori

Medium : https://medium.com/plethori

ARNO Token is a Real Nano Technology Project for Investment 15714

Arno

Today, it is vital for businesses to cut and stabilize costs as much as possible. For industrial systems and processes, energy conservation is becoming a top priority. Art Nano (ARNO) is focused on integrating the use of carbon nanotechnology for energy storage and battery improvement technologies at a time when natural and non-renewable resources are rapidly depleting. Aside from depleting resources, energy storage is a significant concern, as the majority of losses occur during storage and transformation. ARNO has created carbon-based products that, when combined with current battery technology, can provide significant energy savings. The business has prioritized expansion and the creation of a decentralized and efficient distribution system that includes defi integration.

ARNO token project is quickly gaining traction as a promising investment opportunity. This initiative is a focused endeavour to finance the implementation of a scientifically sound, cutting-edge technology into long-standing supply chains in order to update existing and outdated systems that haven’t yet lost their utility. The ARNO token is heavily used in the project’s economic framework, and it serves as the centre of gravity for the entire ecosystem. Also, the most widely used cryptocurrencies, such as Bitcoin and Ethereum, would be excluded. In the project and all of its elements, only ARNO will be used. It’s a high-liquidity project that takes place in the real world.

ARNO token has done its utmost to ensure that the actual state of affairs in the project corresponds to the roadmap and preparation that was done at the outset in order to fulfil the obligations to all the partners. The project is on route to meet its deadline and is on track to achieve its target. The truth is becoming more apparent every day as a result of recent events.

ARNO Joins Forces With The German Patent Office

ARNO has signed a memorandum of understanding with the German Agency for the Protection of Rights and Intellectual Property. It is this entity that will represent the entire project’s interests in matters such as patent filings, trademark registrations, and so on. This is a watershed moment for ARNO, the up-and-coming secondary power solution provider using Defi and Nanotechnology.

The incorporation of a German trademark would include much-needed intellectual property registration, enabling them to move forward with the mass production of their carbon nanotubes, which could be combined with existing battery technology. Furthermore, in the future, they will be responsible for filing patent applications, as well as their registration and receipt, trademarks, and intellectual property in general.

Integrated PayPal Payment Option

In the field of partner fees, there have been several improvements. The PayPal-based payment acceptance system is fully operational after almost three weeks of adjustment and clarification of the complexities, which we consider to be a significant accomplishment. This platform now has the PayPal payment option, allowing customers to buy and sell the native token, ARNO token, with ease. Provided that it would work with defi, this would also help them simplify the payment process.

Successful negotiations with Monbat Groups

ARNO is also looking for potential future partners, such as lead-acid battery suppliers, as well as partnering with the Bulgarian government to secure space for the project’s laboratory and production base. In Bulgaria, a management company has already been established to oversee the project’s implementation throughout the European Union’s territory.

Furthermore, in Bulgaria, talks with the Monbat group of companies, one of the largest European manufacturers and distributors of lead-acid batteries, have been fruitful over the last two weeks. An agreement was reached on our project, receiving a portion of the shares in a joint venture for the development of carbon nanomaterials produced by our company at specially designated sites in Bulgaria and the incorporation of technologies developed by us into the final product’s production process.

Samples of the carbon nanomaterials have already been sent for testing, and models of batteries will be manufactured specifically for this project in the near future, with testing of working samples beginning at the factory according to agreed international standards. In addition, the produced samples will be sent to our laboratory for a thorough examination. Furthermore, talks with the Advanced Research and Technologies company are underway to begin designing installations – reactors for the serial processing of carbon nanomaterials that will be used – as well as developing design estimates. This contract is expected to close soon as well.

Conclusion

ARNO is, without a doubt, the future of authentic nanotechnology projects that are ideal for investment. It’s a project with a lot of liquidity that occurs in the real world. The project has already gained traction, and deals are being closed on a regular basis. ARNO Token investments are investments in the high-tech manufacturing of truly essential goods. The project’s benefit is ensured by access to the accumulated funds and the physical development of the project’s capitalization value. ARNO’s promises are becoming a reality with each passing day.

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