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Reflectocoin Invites the Public to Check Out Its Crypto Ecosystem
Podgorica, Montenegro–(Newsfile Corp. – December 8, 2021) – The Reflectocoin Team is pleased to announce the release of its ecosystem which is believed to positively influence the way cryptocurrencies are perceived.
(A section of the Reflectocoin website)
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Reflecto is a liquidity generation protocol on automated and seamless yield farming. The liquidity generated is shared amongst investors to increase their token portfolio, and for newbie investors, jumpstart their investing journey with just under 30% reward on every Reflecto bought.
How Is Reflectocoin Different from Other Reflection Protocols?
The cryptocurrency space has been host to many protocols that are simply rip-offs of pre-existing ones and are devoid of innovation. Nor do they solve real-world problems. As seen on the info available on their website and Whitepaper, Reflectocoin means business. The idea of reflection coins and tokens being a gimmick of the crypto world may have just been put to bed. Here are a few reasons why.
Ultra Utility and Scalability
Utility and scalability are vital metrics in determining the future of a project and the valuation of its token, with market shocks taken into consideration. The team has an Application Programming Interface (API) in the works that will enable developers to build wallets with zero gas charges in transactions.
Exponential Reflections
Reflectocoin offers a class-leading 26% reward for every Reflecto transaction. The reward will be in three tokens; two reflection coins (EverGrow and Crypter) and the Binance Smart Chain pegged BUSD. Ten percent is shared amongst all three tokens, which results in 3.33% shares. And EverGrow and Crypter reward its holders 8% in BUSD each for every transaction made.
A 10% initial reward and a 16% (8% each) secondary reward from the other two reflection coins sum up to 26%.
A More Even Buying Action
Reflecto has an inbuilt failsafe called the anti-whale. This system prevents big-money investors from buying more than 0.125% of the total supply at any point in time. Unlike other protocols and blockchain platforms, investors can buy as much as they want and as much as their money allows them. The lack of restriction empowers such investors to manipulate the market in their favor. This is because they can sell or swing trade large amounts, which causes a reduced unit valuation of the token due to a reduction in liquidity.
Its Tokenomics Model
Before presale, 50% of the total supply of Reflectos was burnt, and 45% was set for presale and initial liquidity. As more and more transactions involving Reflectos are made, a proportional volume will be burned to cause them to be scarcer. The rate of burning will be much faster when compared to other blockchain platforms because it is.
Holders Enjoy Staking Benefits with No Associated Risks
Reflecto aims to even out the risk-safety balance with its reflection model. Usually, token holders have the choice of holding for the long-term or contributing to the liquidity pool for returns. But the problem with the latter decision is that they do not benefit from increased valuation of tokens as they should if the coin is stacked away in their wallet.
Reflectocoin’s reward system is modeled in a way that does not mandate holders to stake. Nonetheless, everyone enjoys and shares in Reflecto’s revenue without having to risk the reduction in rewards that may accompany staking.
About Reflectocoin
Refelecto is a reflection coin based on the BSC architecture that works on autonomous frictionless yield farming and liquidity generation protocol. Upon launch, it became the first cryptocurrency to reward its users in multiple tokens.
The team backing Reflecto intends to make the project worthwhile with a future of utility and use cases in-store. Liquidity has been locked for the next decade to keep everyone committed to the vision.
Media Contact
Email: [email protected]
Website: https://reflectocoin.com/
Address: Podgorica, Montenegro
Telegram: https://t.me/joinchat/EDiC69yN0lw5MmZi
Twitter: https://twitter.com/RReflecto
LinkedIn: https://www.linkedin.com/company/reflectotoken/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106946
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dLocal, a prominent player in the cross-border payment sector with a focus on burgeoning markets, has unveiled an expansion of its collaboration with Deel, a leading HR and payroll platform, spanning 12 additional countries across Asia and the EMEA region. dLocal and Deel Extend Partnership to 12 Countries amidst Remote Work Surge
This expansion comes on the heels of a highly successful initial rollout across 19 countries in 2022, which witnessed a substantial surge in payment volumes and an impressive payment delivery rate of 99.97%.
Dan Westgarth, COO of Deel, remarked, “dLocal’s expertise in payments has been instrumental in our journey, and this significant expansion into high-growth markets is a testament to the quality of their services. We’ve been able to scale rapidly, on our terms, thanks to dLocal’s support.”
Under this enhanced partnership, dLocal will extend its services to Indonesia, Malaysia, Thailand, Vietnam, Ghana, Jordan, Kenya, Morocco, Saudi Arabia, South Africa, Turkey, and the United Arab Emirates. Additionally, dLocal will offer payout services in Brazil through PIX, a widely adopted instant payment method in Latin America.
Agustin Botta, Head of EMEA at dLocal, emphasized, “Our goal is to foster growth and opportunities for brands and individuals, and the collaboration with Deel perfectly aligns with this objective.”
Forging New Alliances
In addition to deepening its partnership with Deel, dLocal has recently forged alliances with other industry players. The company has partnered with Papaya Global, a leading payroll platform, to facilitate timely payments to employees, partners, freelancers, and suppliers in local currencies across the globe. By integrating dLocal’s payment capabilities into Papaya’s platform, the payment process is streamlined for their shared clients.
Furthermore, dLocal has joined forces with Ebury to bolster cross-border payments in Africa. Leveraging dLocal’s payment solution, Ebury can efficiently manage both incoming and outgoing payments while optimizing costs and delivery times. Additionally, dLocal provides extensive support to Ebury’s merchants navigating the complexities of emerging markets. As Ebury expands its footprint in these regions, the partnership with dLocal provides access to over 41 different markets through a single integration.
dLocal, a publicly traded company on NASDAQ, has successfully completed four funding rounds to date. In its latest and most substantial round in 2021, the company raised $150 million, achieving a valuation of $5 billion.
Source: financemagnates.com
The post dLocal Expands Partnership with Deel to 12 New Countries appeared first on HIPTHER Alerts.
A climate-focused fintech startup that promotes environmental conservation through its debit card usage has secured $2.5 million (£2 million) in funding.
Founded in 2019, Ekko intends to utilize the funding to recruit top-tier industry professionals who can contribute to product development and global expansion initiatives.
Fuel Ventures led the funding round, with additional investments from Sorven Partners, Mishcon de Reya, and existing backers. This follows Ekko’s previous pre-seed funding of £450,000 in 2021.
Co-founded by Oli Cook, Manish Vara, Simon Toller, and Tom Greenwood, Ekko has developed a unique debit card that monitors the carbon footprint associated with purchases.
Through partnerships with renowned organizations like Gold Standard, Conservation International, Tusk, and Prevented Ocean Plastic, Ekko plants trees and collects ocean-bound plastic with every consumer transaction. These conservation efforts are funded through a subscription fee ranging from £1.99 to £9.99 per month.
Moreover, Ekko has developed business-to-business (B2B) software to integrate into banking or checkout applications, enabling third parties to access its climate services.
Oli Cook emphasized Ekko’s scalability, anticipating the broader impact of the funding on product development and partnerships. He underscored the urgency of addressing climate change and Ekko’s mission to disrupt the market by empowering financial institutions to facilitate tangible environmental impact for their customers.
Ekko joins the ranks of other green fintech companies like Tandem and Tred, all committed to providing sustainable financial services.
Source: uktech.news
The post Climate fintech startup Ekko raises £2m appeared first on HIPTHER Alerts.
Latest News
55@Shanghai: International Friendly Guidebook was unveiled worldwide for the first time!
SHANGHAI, May 16, 2024 /PRNewswire/ — To accelerate the development of Shanghai as an international consumption hub, attract more foreign consumers, and expand the market while providing a more diverse and enriching consumer experience, the 55@Shanghai Destination of Shopping global promotion launch ceremony was grandly held on the morning of May 8th, 2024, at the Changning Shanghai Film Art Center.
At the launch ceremony, the 55@Shanghai Destination of Shopping International Friendly Guidebook was unveiled worldwide for the first time. This handbook meticulously outlines Shanghai’s convenient payment methods, diverse experiential venues, city walk routes, and popular exhibition events, among other urban highlights.
Photo – https://mma.prnewswire.com/media/2415398/55_Shanghai_1.jpg
It includes over 1000 featured popular shops, 100+ business and leisure experience destinations, and more than 10 international-friendly shopping centers. Covering the finest ‘eat, stay, travel, entertain, and shop’ local recommendations in Shanghai, the handbook aims to facilitate international connectivity for Shanghai’s business, tourism, and cultural brands.
In the 55@Shanghai International Friendly Guidebook, strategic partners including Bank of China, China UnionPay, China Eastern Airlines, Airport Group, and Ctrip jointly announced activities related to 55@Shanghai Destination of Shopping. Bank of China Shanghai Branch will launch the ‘Blooming Love Shopping Shanghai’ themed event, collaborating with thousands of merchants to offer payment discounts, consumer gifts, credit card points redemption, and other series of promotions.
Additionally, they will introduce a profit-sharing activity called ‘National Trend Pavilion’ on their mobile banking platform. China UnionPay will roll out the ‘Splendid China 5.5 Shopping’ promotion with an investment of 100 million RMB, focusing on eight major scenes including dining, accommodation, transportation, travel, shopping, entertainment, medical, and education. For the 2.3 billion UnionPay cards issued overseas, they will also provide a 200 million RMB rebate on transaction fees.
China Eastern Airlines will introduce convenient measures and attractive products, offering over 550,000 tickets to boost traffic and provide travelers with convenient travel solutions. The Airport Group will set up one-stop service areas at the arrival passenger routes, luggage collection areas, and public areas, enhancing the level of convenience services for inbound travelers and launching various activities and benefits to comprehensively promote the quality and efficiency of consumption in Shanghai. Ctrip Group has planned the ‘Shanghai Express’ exclusive half-day free tour for inbound tourists.
To better convey the charm of 55@Shanghai Destination of Shopping to the world, the 55@Shanghai International Friendly Guidebook has brought together several outstanding companies to become global promotion partners. At the launch ceremony, 15 companies including Bailian Group, Shanghai Metro, Foreign Investment Association, Shanghai Design Week, Tencent Group, and Meituan were honored with the inaugural 55@Shanghai Destination of Shopping Global Promotion Partner title. These global promotion partners will further enhance domestic and international publicity efforts to attract tourists from around the world to experience the 55@Shanghai Destination of Shopping series of activities, jointly contributing to the creation of a friendly and convenient consumer environment.
55@Shanghai Destination of Shopping is the core project of this year’s Shanghai 55 Shopping Festival. Leveraging Shanghai’s position as a global hub for tourism, culture, and sports, it actively expands domestic and international visitor flows. With the theme of ‘Come, Explore, Shop’, the event offers a variety of combined services to help build an internationally friendly consumer environment.
It gathers the distinctive highlights of Shanghai’s business, tourism, and cultural sectors, attracting domestic and international tourists to experience new consumption landmarks, scenes, and formats in Shanghai through precise domestic and international promotion.
Through methods such as the multilingual 55@Shanghai Destination of Shopping international-friendly guidebook, promotion on landmark screens in major cities worldwide, and collaboration with businesses to launch supporting activities, the event has created a key activity matrix for 55@Shanghai Destination of Shopping.
Photo – https://mma.prnewswire.com/media/2415399/55_Shanghai_2.jpg
View original content:https://www.prnewswire.co.uk/news-releases/55shanghai-international-friendly-guidebook-was-unveiled-worldwide-for-the-first-time-302148343.html
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