Fintech
P01NT, a utility NFT, curate the world in a DAO way
BCA Labs announced to sponsor the 4th NFT·NYC 2022, and from June 18 to 23, a series of digital artworks will be presented by BCA Labs at The BLANC Art Space in New York, including “Take Off,” “NTDD-1,” and of course the “P01NT” Project. P01NT was also honourably invited to Consensus 2022 by CoinDesk’s MetaGala, where 9 pieces of P01NT NFTs were presented and ultimately auctioned off. Through the Giving Block, the funds raised from the auction will be used to support the next generation of web3 entrepreneurs. BCA Labs will host various NFT theme satellite events in the following week, covering a wide range of topics including NFT, community culture, Soulbound, DAO, GenZ, decentralized curation, etc.
P01NT—BCA Labs
Although people have developed diverse features for NFTs today, most NFT collectors are inclined to use NFTs as a “social-networking tool”, an innovative way to meet new friends. When people have fulfilled a wish to showcase collections in the private domain, they will gradually have the desire to display their collections to a wider audience. Thus, our new design of P01NT.co may provide the perfect solution.
Every P01NT NFT corresponds to a display block space, upon users’ acquisition of P01NT NFTs, holders can find a booth on P01NT.co to exhibit the NFT from their wallet of their own choice. P01NT holders can divide their interactive and combinatorial NFT art pieces into three dimensions: point, line, and plane. The curatorial process will not only be presented online, but also every digital alteration will be mapped, recorded and shown at the offline exhibit.
To introduce the rules of the “game”, first and foremost, users can easily add and exhibit any type of NFT into the “P01NT”. The second dimension is formed as individual “points” enjoin into “lines” of “points”, where every user is a key participant and they may impact the layout of the exhibit, either as an individual curator or by jointly creating the space with others. The last dimension takes “lines” and creates a “plane” where triangles, circles, squares, and rectangles take shape, and become the final carriers of user’s artwork. In other words, P01NT can not only act as a canvas for displaying the NFTs, they also incorporate the rarity features and showcase the combinatorial features of their NFTs.
To be more specific about the alignment design, if the booth is in the “plane” series, then users can form a 2×2, or even larger booth in the overall exhibit. As each individual collector chooses the placement of their own NFT, they are also creating a new curatorial experience by merging their work with that of others. It will be possible to see a BAYC exhibited alongside an unknown sketch, or someone else may buy the booth space around BAYC, building a frame around them. This two-dimensional plane becomes an interactive bridge between one and the other collector, without knowing or communicating with each other in the real world, they can convey interests and share ideas with people at any part of the world on P01NT.
In this current era of the creator economy, the emergence of P01NT has broken the traditional barriers between artists, collectors, curators, and patrons. It is much simpler to become a creator to showcase NFT artworks to the world, a curator to find undiscovered “treasures”, or even a patron and leave the mark and influence of digital identity across the globe.
The concept of P01NT’s collective curation provides every ordinary users the opportunity to participate in the creation of art. Furthermore P01NT becomes the role of the user’s entry pass to step their first step into BCA’s meta-verse.
P01NT Rights and Interests
The Bitcoin 2022 MIAMI stop was the first time that P01NT has taken on a mission of bringing the wishes of these NFTs’ holders to “Say Hi” to the public, it marked the beginning of the global tour of “P01NT”. P01NT’s mission is just like its name, making a point to endow every NFT holder with the privileges of curating their own art exhibition. With the step of a simple wallet connection, everyone can bring their NFT artwork to every point of the globe where “P01NT” exists.
P01NT will keep encouraging new kinds of NFT exhibitions to emerge and interact with new pass holders to stimulate DAU growth, through the “show-to-earn” logic. For instance, the participation of artists and holders in curatorial profit sharing.
BCA will be dedicated to build and empower P01NT community continuously. The P01NT Blue Chip community will not only be able to participate in the collective curation with young rising artists, BCA Gallery Shanghai will host several flash salons offline to meet holders’ needs.
Curate NFTs in a DAO way
There are more and more exciting new projects empowered with the idea of DAOs. Although NFTs have always been related, the full potential of the social attributes that NFTs carries have not yet been fully discovered or acknowledged especially on the level of NFT applications. The P01NT project combined DAO’s democratic and egalitarian form together with NFT art, allowing all users to take part in the art creation process.
P01NT’s root of origin began with the concept of the DAO and continued to experiment through various NFT art. From the perspective of curation, it empowers casual users to become more creative and gives all pass holders the opportunity to participate in the creation process. Every P01NT holders serve as a governor of the chain nodes, their participation in the curation is just like the decision-making process and the ecological creation of DAO. Every move will be recorded on the blockchain, and all the dynamics will be reflected on this unified “canvas” as an integrity to light up the booth in every P01NT world journey and in the whole crypto universe.
SOURCE BCA Labs
Fintech
Fintech Pulse: Your Daily Industry Brief (Axos Bank, Global Trading Network, Fonepay, Compass Plus Technologies, Instacoins)
Axos Bank Partners with Way.com to Address Rising Car Costs
Axos Bank has teamed up with Way.com to help customers mitigate increasing car expenses. This partnership focuses on vehicle refinancing and aims to offer savings through integrated digital solutions. By combining Way.com’s auto services with Axos’ financial products, users can streamline their vehicle-related expenses, from insurance to payments. This move reflects Axos’ strategy to enhance its consumer offerings by leveraging partnerships in niche sectors.
Source: Axos Bank.
Brazil’s Largest Drug Gang Under Investigation for Fintech Infiltration
Brazilian authorities are probing the country’s largest drug gang for using fintech platforms to launder money. This investigation highlights concerns over the growing use of digital financial tools by organized crime. The gang allegedly exploited fintech’s lack of stringent oversight compared to traditional banking, raising red flags about regulatory gaps in the digital financial landscape.
Source: Bloomberg.
GTN Appoints New CEO to Drive European Expansion
Global Trading Network (GTN) has appointed Christopher Gregory as CEO for Europe, marking a pivotal step in its strategic expansion across the continent. Gregory, known for his expertise in fintech and capital markets, is expected to lead GTN’s efforts in diversifying its product offerings and enhancing its market presence. This leadership shift underscores GTN’s commitment to capitalizing on Europe’s burgeoning fintech market.
Source: PR Newswire.
Fonepay and Compass Plus Launch Nepal’s First Virtual Credit Card
Nepal’s digital payments ecosystem takes a leap forward with Fonepay partnering with Compass Plus Technologies to introduce the nation’s first virtual credit card. This innovation aims to promote cashless transactions and enhance financial inclusion by offering secure, contactless payment options. This development aligns with Nepal’s digital transformation goals and is set to redefine consumer payment experiences in the region.
Source: Fintech Futures.
Instacoins Partners with Luxury Brands for Digital Payments
Instacoins is expanding its footprint in the luxury market by partnering with high-end brands to enable cryptocurrency payments. This initiative is designed to offer affluent customers a seamless digital payment option, blending traditional luxury shopping with modern fintech solutions. The partnership also reflects the increasing adoption of cryptocurrency in mainstream commerce.
Source: PR Newswire.
The post Fintech Pulse: Your Daily Industry Brief (Axos Bank, Global Trading Network, Fonepay, Compass Plus Technologies, Instacoins) appeared first on News, Events, Advertising Options.
Bety is a decentralized casino and sportsbook platform that supports Bitcoin deposits and withdrawals. It is owned and operated by 12 Stars International Gaming Solutions Limited, a company established in Seychelles.
Bety, one of the leading Web3 betting platforms with a decentralized approach to casinos and sportsbooks, has unveiled its enhanced offer, boasting over 20,000 crypto casino games, sports, and eSports events. The platform aims to become one of the top Bitcoin casinos with a fair, transparent, and unmatched gaming experience for everyone
Blockchain technology is a catalyst for innovation in all sectors, and online casino gaming is no exception. The growing adoption of cryptocurrency into the mainstream supports the emergence of groundbreaking platforms in digital entertainment. Bety is one of the major players spearheading this revolution by offering secure and accessible gaming experiences to change how people interact with online gambling services.
The Advantages of Web3 Betting
Traditional online casinos have been around since the early days of the Internet. However, they have always faced the same challenges, such as slow payouts and high deposit/withdrawal fees. Moreover, users have often complained about the improvable fairness of game bets and their outcomes.
Web3 betting solves these issues and takes online casino gaming to the next level through blockchain gaming. Its use of decentralized ledger technology ensures a transparent gaming experience for all users. It also accelerates deposit and withdrawal times at considerably lower costs than what traditional casinos practice.
The processing times for deposits at traditional and crypto casinos are similar, often occurring instantly. However, there is a significant difference in withdrawal times between conventional online casinos and blockchain-based casinos.For example, traditional casinos can take several days to process withdrawals. Users often have to wait up to 3 days to transfer winnings to their credit/debit cards and 7 days via bank transfers. On the other hand, crypto casinos process payouts in only a few minutes, sometimes instantly, depending on the blockchain network’s congestion. This remarkable speed allows players to access their earnings faster and enhances the user experience.
The Rise of Blockchain Gaming
Blockchain gaming is a game-changer for the online casino experience. This technology offers unprecedented levels of trust and transparency. Thanks to its decentralized nature, players from various regions can play in complete anonymity and privacy. Furthermore, the lack of a centralized authority enhances game insights. It sets the stage for provably fair game mechanics, thus empowering players to make informed choices.Bety is an innovative blockchain gaming platform that employs the Provable Fairness concept, which is fundamental for Web3 betting. The platform ensures that game outcomes are determined randomly and cannot be manipulated by the operator or any other party. Therefore, Bety guarantees equal winning odds for all players.
Innovation and Accessibility
Bety stands out as a popular crypto casino with a rich selection of classic casino games and sports events catering to high-end players. The platform excels through its user-centered approach, which includes various bonuses, an exclusive VIP program, and 24/7 customer support.Moreover, Bety embraces the latest technological advances by incorporating the many benefits of blockchain networks, such as Bitcoin payments. The platform supports quick Bitcoin deposits and withdrawals, offering higher privacy and accessibility than traditional payment methods, such as debit or credit cards.
Hash Games at Bety Casino
Blockchain technology increases the gaming offer for online casinos, providing games not supported by traditional casinos. For example, conventional casinos rely on the classic offer of vintage games with limited scalability and versatility potential. On the other hand, blockchain provides a fertile ground for boundless creativity, spurring innovative concepts, such as play-to-earn and hold-to-earn.Gaming diversity is one of the most exciting aspects of building a Web3 betting platform on blockchain technology. In addition to offering traditional casino games such as slots, poker, blackjack, and roulette, Web3 casinos also provide hash games.Hash games are fast-paced, simple games that mimic classic casino games while adding a pinch of excitement. The game mechanics use hash value calculation and blockchain algorithms to deliver a thrilling, straightforward gaming experience. Players must wager on a predicted hash interval and win if their prediction is correct. Hash games involve various betting options that broaden the winning odds.Bety has several hash games in its versatile blockchain gaming offer, including Hash Banker Player, Hash Bull, 3-Min Bull, 1-Min Banker Player, and more. These games function by simple, easy-to-understand rules and ensure provable fair outcomes with appealing RTP rates.
A Unique Classic Casino Gaming Offer
In the most recent offer upgrade, Bety reveals an enhanced gaming offer, including slots, live casino, table games, lottery games, and sports events. Users can pick from over 10,000 casino games from leading brands, such as PGSoft, Evolution Gaming, Evoplay, Yggdrasil, Red Tiger, EG Games, Spribe, JILI, AE Sexy, Ezugi, and PNG. This stellar collection of games from reputable brands ensures players have non-stop access to the latest games and live events while enjoying a cutting-edge gaming experience.Bety offers a versatile library of over 10,000 slot games from more than 100 leading brands. Many of these games involve highly appealing bonuses, making the playing experience even more exciting. The platform replicates an authentic casino experience through its live casino that players can enjoy without leaving their homes. Also, the table games section includes many traditional and fan-favorite games, such as poker, blackjack, baccarat, craps, roulette, and more.
Promotions & Bonuses
Bety also provides several promotions for new and veteran players to make the gaming experience even more thrilling and fulfilling. The platform offers bonuses on the first 4 deposits and 7-day and monthly bonuses. Furthermore, referring friends to Bety entitles players to additional bonuses and earning opportunities.
The VIP Program
Bety invites players to explore its large blockchain gaming selection. They can quickly make transparent and instant Bitcoin deposits to play these games and boost their profiles on the platform. In time, the most loyal players can enter Bety’s VIP program and enjoy several advantages, including cash back incentives, free chests, free spins, and personal VIP assistants. Moreover, the platform also supports instant Bitcoin withdrawals.
The post Bety Unveils Enhanced Offer of 20,000+ Crypto Games and Sportsbook Events appeared first on News, Events, Advertising Options.
1. 21X Secures Historic EU Blockchain License
In a groundbreaking development, 21X has obtained the first fully regulated EU license for a blockchain-based trading venue, setting a new precedent for digital asset trading within Europe. This initiative aims to integrate blockchain technology into traditional financial markets, enhancing transparency, efficiency, and trust. By leveraging Distributed Ledger Technology (DLT), the platform will allow both institutional and retail investors to trade digital securities under a stringent regulatory framework. This move is expected to accelerate the convergence of traditional and decentralized finance across the European Union.
Source: GlobeNewswire
2. 9fin Raises $50 Million to Expand Legal Tech Solutions
UK-based fintech legal platform 9fin has secured $50 million in Series B funding led by major VC firms. Known for its AI-powered data analytics in legal and financial services, 9fin plans to utilize these funds to scale operations and expand its presence in the U.S. The investment reflects growing confidence in fintech solutions that bridge legal and financial markets, particularly in streamlining debt capital markets.
Source: Artificial Lawyer
3. Bolivia’s Crypto Ban Lifted: A Surge in Digital Currency Interest
Bolivia has reversed its longstanding ban on cryptocurrencies, signaling a potential shift in Latin America’s approach to digital assets. This regulatory relaxation has ignited a crypto boom in the country, as entrepreneurs and investors rush to capitalize on the newfound legal status of digital currencies. With this change, Bolivia aims to foster innovation in fintech while maintaining safeguards to prevent financial crimes. Analysts predict this could spur broader adoption across the region, potentially reshaping Latin America’s fintech landscape.
Source: Bitcoin.com
4. Top AI-Powered Fintech Startups Identified by VCs
A recent report highlights the 15 most promising AI-driven fintech startups poised to disrupt the financial industry in 2024. From enhancing fraud detection to automating investment strategies, these startups are leveraging machine learning and AI to redefine financial services. Key players include fintech firms specializing in lending, insurance tech, and wealth management. This surge in AI integration is reshaping consumer interactions, driving efficiency, and creating new revenue streams across the fintech ecosystem.
Source: Business Insider
5. Upstart, LendingClub, and Cloudflare in the Spotlight
Leading fintech stocks such as Upstart and LendingClub saw significant market activity, reflecting broader trends in consumer credit and fintech innovation. Meanwhile, Cloudflare continues to impact the tech sector, particularly in cybersecurity for financial institutions. These companies are setting the pace in their respective domains, with investors closely monitoring their growth trajectories amid a competitive market landscape.
Source: Yahoo Finance
The post Fintech Pulse: Your Daily Industry Brief (21X, 9fin, Upstart, LendingClub, Cloudflare) appeared first on News, Events, Advertising Options.
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