Fintech PR
Bitcoin Price Struggles Near $26,000 as Traders Turn to New Crypto Presale Bitcoin Minetrix And Its Novel Stake to Mine Utility
NEW YORK, Sept. 26, 2023 /PRNewswire/ — Crypto traders are asking if the Bitcoin price can pump to $30,000, but new crypto presale Bitcoin Minetrix is grabbing the headlines with its revolutionary no-fuss, no-rigs, low-cost stake-to-mine token.
As the Bitcoin price holds above $26,000, Bitcoin Minetrix ($BTCMTX) is catching the eye of traders as the first fully decentralized mining solution based on cloud computing, where stakers earn credits they can directly deploy to mine Bitcoin.
Traders are no doubt also intrigued by the implications of the stake-to-mine feature because of its potential to alleviate selling pressure at launch, while also incentivizing long-term adoption.
Within minutes of the presale opening, more than $100,000 was contributed to the soft cap initial fundraise goal of $15.6 million. There are 10 stages to the presale – from Stage 2 onwards the token price increases 10% at each stage.
At this rate the presale could sell out its first stage, in which $3,080,000 is targeted, within a week. There really is no time to lose in locking in the lowest prices.
You can stay in touch with the progress of the presale and how much has been staked by following the official X (formerly Twitter) account and joining the Telegram and Discord groups.
https://twitter.com/bitcoinminetrix/status/1706601981790367852
By combining the popular themes of ERC-20 token staking and Bitcoin mining, Bitcoin Minetrix has struck upon a rich seam with a pitch to market participants that is sure to appeal.
There are already 383,179 BTCMTX staked in the Ethereum-based smart contract, according to the desktop dashboard.
Rewards for stakers are generated at a rate of 158.5 BTCMTX per ETH block, over a two-year period. The current annual percentage yield (APY) is 108,739%, although this will reduce as more stakers join the pool.
The exact size of the rewards earned by individual stakers is determined by the APY and the proportion of the total staking pool owned.
Priced at just $0.011, $BTCMTX token is an ultra-low-cap penny crypto positioned to capture the value of a Bitcoin-like price explosion that can turn small-time investors into millionaires.
As the Bitcoin price continues to trade sideways in a period of restrained liquidity and low volatility, traders are increasingly looking to Bitcoin alternatives.
Evidence of this phenomenon is apparent in the rise over the years of so-called Bitcoin derivative and clone coins.
From Bitcoin Cash to more recent varieties such as Bitcoin 2.0 and BTC20, these tokens are created to offer something different, namely a value differential when measured against Bitcoin.
In the case of Bitcoin Minetrix the unique selling points stacked up over Bitcoin are crystal clear and strongly utilitarian by design in a way that maybe is not apparent for many other derivative/clone offerings.
Certainly, where a coin has a good story to tell and transmits a readily digestible use case, traction can be immediate. BTC Minetrix is definitely one such coin.
$BTCMTX has a total supply of 4,000,000,000 (4 billion) tokens and the tokenomics are as follows:
Funds usage |
% Allocation |
Tokens |
Bitcoin Mining |
42.5 % |
1,700,000,000 |
Marketing |
35.0 % |
1,400,000,000 |
Community |
15.0 % |
600,000,000 |
Staking |
7.5 % |
300,000,000 |
The recent launch of BTC20, which witnessed a 5x price surge shortly after its listing, is testament to the power of the Bitcoin brand.
Other recent Bitcoin derivative launches have also made waves, such as Bitcoin 2.0, which saw an 189,000% (1,890x) increase on its decentralized exchange listing price.
But while BTC20 has a clear utility use case as a staking coin, Bitcoin 2.0 has none and quickly lost its parabolic gains.
Bitcoin Minetrix’s novel stake-to-mine feature catapults it into the first rank of quality Bitcoin derivative coins, such as Bitcoin Cash (BCH) and Bitcoin SV (BSV).
BCH and BSV derivatives are both forks of the original blockchain. Although BTCMTX is not a fork, it is directly related to the Bitcoin network by contributing to its hash power – the measure of how much computing power is devoted to running its proof-of-work protocol that verifies transactions.
For sure, there are plenty of cloud-mining services available, but many are scams and none have the advantages that flow from the tokenized approach of the ERC-20 Ethereum-based BTC Minetrix token.
Because of its decentralized architecture, no money changes hands. Instead, claims on the BTC Minetrix cloud platform are secured in proportion to the amount of tokens staked.
Also, the stake-to-mine system puts the user in control, where they can determine for themselves how much Bitcoin mining power (hash power) they want to own because this is directly related to the number of credits earned, which, in turn, is related to the amount of BTCMTX tokens staked.
And because Bitcoin Minetrix is built on the Ethereum blockchain, costs are lower and efficiency higher. These benefits enable the network to auto-manage user allocations using smart contracts.
In addition, Ethereum is the most secure smart contract platform in existence, which makes BTCMTX the safest Bitcoin cloud mining solution.
Bitcoin Minetrix |
Traditional Cloud Mining |
|
Cost Entry Point |
Low – Presale (no minimum buy) |
High – Large minimum amounts |
Safety and Security |
Decentralized, user-owned tradable tokens |
Cash deposits required |
Risk |
User-controlled, easy withdraw & sell |
No refunds, long-term commitments |
Simplicity |
Buy with ETH/BNB/USDT/card, stake and burn |
Complicated contracts |
Lock In Period |
Variable dependent on staking |
Fixed timeframe |
On the face of it cloud mining is an attractive way of getting into BTC mining but unfortunately, like with many products in crypto, you need to tread carefully.
Scammers have proliferated by offering seductive ease-of-use marketing ploys, only for buyers to be left empty-handed.
However, there are no such risks with Bitcoin Minetrix because the smart contract is fully audited by Coinsult – an audit it has passed with no major issues.
Because Bitcoin Minetrix is fully decentralized with user-owned tradable tokens, there is no need to take the risk of cash deposits.
Blockchain technology makes withdrawals at any time easy, and the tokens are seamlessly convertible into crypto, stablecoins or fiat.
Often cloud mining products, legitimate or otherwise, will have complicated contracts that make it difficult to work out how much can really be earned from mining. By contrast, Bitcoin Minetrix puts an emphasis on simplicity.
There’s a lock-in period that is easily controlled by the user, unlike the fixed timeframes of traditional cloud mining platforms.
Arguably, best of all is the low cost of entry, which for BTC Minetrix is the flexibility to invest any amount in the presale as opposed to the large minimum costs associated with traditional cloud-based Bitcoin mining.
The advantages are further magnified when BTC Minetrix is compared with mining directly, for those that still attempt to do this.
Long gone are the days when you could mine Bitcoin with a laptop, but there is still a cottage industry of sorts if a cheap, or free, source of electricity is available.
But even with cheap electricity there would still be the outlay required to purchase mining rigs. And for small-scale operations in a spare room or similar domestic settings, the constant noise and heat generation would present an unwelcome cost of doing business.
Again, cloud mining with Bitcoin Minetrix dodges all of these issues.
Perhaps the most important consideration, especially for a product that’s serious about mass adoption, is ease of use. With BTC Minetrix there is no need to master all the technical aspects involved in mining Bitcoin. Also, there is no hardware to maintain, software clients to update, and so on.
Also worthy of note, the Bitcoin Minetrix platform is superior to mining pools.
Mining pools work by allowing individual miners to pool their hash power and share the block rewards in proportion to the amount of the pool owned.
However, earnings are negligible for all but the largest contributors and control is centralized by the operator of the pool.
Bitcoin Minetrix is currently in its Phase 1 presale stage of its four-part roadmap. The other three phases cover development, launch and mass adoption.
Although not slated until Phase 2 and 3, negotiations with cloud providers and scoping of the stake-to-mine dashboard for mobile app and desktop has already begun.
To buy the $BTCMTX token all that is required is ETH, USDT or a bank card. If you plan to purchase with ETH and start staking-to-earn straightaway, then make sure you have a small amount of ETH to pay the gas fees.
If you are on the hunt for a crypto project that has a solid use case, first-mover advantage and a connection to the network of the most valuable crypto in existence, then you’ve found it with Bitcoin Minetrix.
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Fintech PR
Apt.Residential Selects Yardi’s Technology to Support BTR Projects
Australian property developer and operator to utilise innovative cloud platform for construction and investment accounting
SYDNEY, Sept. 18, 2024 /PRNewswire/ — Apt.Residential, an owner, developer and operator of residential properties in Australia, has chosen Yardi’s single connected platform to support growth, connect teams and manage capex projects and build.
With Yardi®, Apt.Residential can manage its funds and simplify complex financial processes, mitigate risk and deliver real-time insights into projects. The platform provides more visibility from investor to asset and delivers enhanced and accurate reporting. The company can access live data for costing, expenses, and revenue on all projects, from ground-up development to single-unit improvements and will allow Apt.Residential to grow the volume of units within BTR once they have operational units.
“We wanted to find the best platform for BTR that would support growth, streamline management of capex projects and handle our complex accounting,” said Michael Hogg, co-founder & head of operations for Apt.Residential. “Yardi’s single integrated platform was the best solution as it ensures our team can connect on one system and not worry about integrations or using multiple platforms.”
“We’re excited to work with Apt.Residential and support its growth as the company expands its BTR projects,” said Neal Gemassmer, vice president and general manager for Yardi. “Our connected platform will help Apt.Residential enhance communication and set them up so they’re ready to operate once development has completed.”
See how Yardi’s end-to-end technology can help drive your digitalisation strategies.
About Apt.Residential
Apt.Residential is a leading vertically integrated owner, developer, and operator of residential properties in Australia backed by global institutional capital. The company develops residential communities where wellbeing and connectedness come first. Its human-centric approach allows Apt.Residential to shape places for people who crave comfort, community, and elevated living. For more information, please visit aptresidential.au.
About Yardi
Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.com.au.
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Fintech PR
NewCo Capital Group Continues Global Expansion as 2024 Milestones Set The Stage for an Ambitious Q4
NEW YORK, Sept. 18, 2024 /PRNewswire/ — As Q4 fast approaches, NewCo Capital Group (“NewCo”) and Australia-based Bizcap are finalizing year-end initiatives to strategically position both companies for an ambitious expansion in 2025.
Both companies have celebrated a highly successful 2024, marked by remarkable and accelerated growth. This momentum has been driven by Bizcap’s unique Line of Credit product, NewCo’s introduction of their “Line of Capital” product and the launch of NewCo’s new mobile app. CEO Albert Gahfi emphasized the importance of closing 2024 on a high note to set the stage for future growth. “We’ve had an exceptional year so far, but our focus is on what comes next. We’re building the foundation for 2025 and beyond, ensuring that NewCo and Bizcap are positioned for continued global expansion.”
The plan for Q4 includes deepening their presence in existing markets while making calculated moves into new territories, including Singapore, Germany, and Luxembourg. “There are new opportunities in emerging markets that are currently underserved, where we believe we can make a significant impact. As a result, 2025 promises to be an exciting year for SMB financing globally.”
By reinforcing their operational and technological infrastructure, the companies are preparing to meet the demands of a rapidly evolving global financing landscape. “2024 has been a year of strong growth, but we’re not stopping here,” Gahfi said. “We are focused on delivering innovative financing solutions that not only meet the needs of today but also anticipate the demands of tomorrow. As we head into 2025, we’re ready to expand our reach and provide even more businesses with the capital they need.”
Part of a multinational collaboration, NewCo and Bizcap have successfully deployed over $1.5 billion to over 35,000 businesses worldwide. Gahfi commented, “We’re moving capital faster and more effectively than any other sector and our clients are benefiting from that growth.”
NewCo’s strength lies in its ability to adapt quickly, using a unique mix of proprietary technology, nuanced underwriting, and an experienced risk management team. The companies’ hybrid approach is challenging outdated financing models, making NewCo a preferred partner for SMBs looking for custom capital solutions that truly fit their needs.
“We’re not just growing; we’re leading,” Gahfi added. “As we expand globally, our goal remains the same—helping small businesses scale, create jobs, and thrive.”
With a clear strategy and a relentless focus on delivering value, NewCo Capital Group is primed to deepen its market influence and capitalize on emerging opportunities. As the company prepares for its next wave of market entries, Q4 will serve as a pivotal launchpad for an even more ambitious 2025, setting the stage for continued growth and global leadership.
For more information, visit www.NewCoCapitalGroup.com.
Contact:
NewCo Capital Group
Email: [email protected]
Website: www.NewCoCapitalGroup.com
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Fintech PR
Zulu Ecosystems and Severn Trent Water secure Innovate UK funding to pioneer catchment-scale Nature-based Solutions
- Partnership aims to develop innovative funding model for nature-based solutions that enhance water resilience in the Idle and Torne catchment, a priority area for environmental improvement
- Project will aggregate supply and demand for ecosystem services across the 1,200km2 catchment, benefiting both nature and local communities
- Led by Zulu Ecosystems, the collaboration seeks to accelerate private investment in nature recovery while addressing critical water challenges
LONDON, Sept. 18, 2024 /PRNewswire/ — Zulu Ecosystems and Severn Trent Water have been awarded funding from Innovate UK, the UK’s innovation agency, for a £580,000 project to develop a groundbreaking catchment system operator model for unlocking private investment in nature. The project aims to enhance water resilience and deliver multiple benefits for both nature and local communities in the Idle and Torne River catchment.
The Idle and Torne catchment, identified as a priority catchment by the Environment Agency, faces significant challenges including drought risk, flood vulnerability, and water quality issues. Approximately 60% of water bodies in the catchment currently fail to meet good ecological status. However, the area also presents substantial opportunities for nature recovery, with potential to restore over 5,000 hectares of priority habitats and significantly improve water resources management.
This innovative partnership will leverage Zulu Ecosystems’ cutting-edge natural capital assessment capabilities and Severn Trent Water’s expertise in water management to create a scalable approach for funding and delivering nature-based solutions. The project will focus on interventions such as woodland creation, wetland restoration, and riparian woodland to address the catchment’s pressing environmental challenges. The project will engage local stakeholders, including farmers, landowners, and community groups, to ensure that interventions reflect local needs and knowledge.
Ed Asseily, CEO of Zulu Ecosystems, said:
“This funding from Innovate UK is a game-changer for how we approach local nature recovery and water resilience. By developing a catchment-scale model that aggregates both the supply of and demand for ecosystem services, we can accelerate the flow of private capital into nature-based solutions.”
Severn Trent Water will play a key role as the project’s System Operator, strategically coordinating plans and aligning stakeholder priorities to maximise outcomes for water services and the environment.
Richard Smith, Strategic Asset Planning Manager at Severn Trent Water, commented:
“We’re excited to partner with Zulu Ecosystems on this transformative project. By adopting a system operator approach, we can ensure that investments in nature-based solutions deliver the greatest possible benefits for our customers, local communities, and the environment.”
This project has been funded by Innovate UK as part of the ‘Integrating Finance and Biodiversity for a Nature Positive Future’ programme, a joint initiative between the Natural Environment Research Council (NERC) and Innovate UK. This £7 million programme aims to develop solutions that embed the values of biodiversity into financial decision-making.
By bridging the gap between nature recovery and water resilience, this project has the potential to create a replicable model for sustainable landscape management across the UK. Innovate UK’s support underscores the national significance of developing new approaches to environmental management that can deliver multiple benefits, including improved water security, enhanced biodiversity, climate resilience, and potential new income streams for landowners.
Over the next 9 months, the project team will work closely with local stakeholders to identify priority interventions and develop a portfolio of investable nature-based solutions. The project aims to demonstrate how multi-stakeholder nature-based projects can be developed, funded, and delivered at catchment-scale to address climate adaptation and reverse biodiversity loss. Findings will be published to help scale similar initiatives across the UK and beyond.
For more information, please contact:
[email protected]
[email protected]
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