🚨 @cryptocom has partnered with @CocaCola to launch a collection of non-fungible tokens (NFTs) called "Piece of Magic" NFTs. Approximately 10,000 NFTs will be hosted on @cryptocom's blockchain 🚨
1/ The NFTs are themed around the 2022 FIFA World Cup and were created using player heatmaps from the tournament. @CocaCola and digital artist @gmunk worked together to produce the NFTs.
2/ To be eligible to win one of the NFTs, potential buyers must register for an account on @cryptocom's NFT platform and sign up on the Coca-Cola fan zone website.
3/ After the partnership was announced, the price of @cryptocom's native token, $CRO, rose by over 10%. However, it has since lost some of those gains and is currently trading at $0.6621.
4/ This partnership marks @FIFAWorldCup's first adoption of Web 3.0 technology, signaling a trend toward mainstream adoption of blockchain technology.
🚀 The launch of @chainlink staking is a resounding success, with over 11 million $LINK staked so far! The long-awaited #Chainlink upgrade, introducing Staking v0.1 on the Ethereum mainnet, was completed a few hours ago.
A thread 🧵👇
1/ Chainlink staking is designed to make the ecosystem more stable. The native LINK token can be staked for rewards by users to encourage trustworthy behavior and increase network security.
2/ This functionality is fundamental to the operation of Chainlink Economics 2.0. The incentive system was designed to give nodes a reason to improve the oracle's data quality and performance over time.
💥 Platform developer LGND.io is developing Web3 music platform LGND Music, in a multi-year partnership with blockchain network developer @0xPolygon and global entertainment company @warnermusic 💥
1/ The platform, set to debut in January 2023, will support "digital collectibles from any blockchain in a proprietary player", enabling users to play their digital collectibles on the go.
/2 Select Warner Music Group artists will be able to introduce digital collectibles on both the app and desktop platforms.
Tether Operations Limited (@Tether_to), the company that powers the most widely used stablecoin by market capitalization, has announced the addition of its offshore Chinese Yuan (CNH₮) to the #Tron blockchain.
/1 At launch, @bitfinex will be the first exchange to enable its users to deposit and withdraw CNH₮ using the Tron blockchain transport layer from the platform.
/2 Created in 2019, CNH₮ is pegged to offshore Chinese yuan (CNH) and initially available only on the Ethereum blockchain as an ERC-20 token. Its launch on #TRON will make it the second blockchain on which CNH₮ can be obtained, traded, and held.
@Panoptic_xyz, a Uniswap-based decentralized finance (#DeFi) protocol, has just raised $4.5 million in a funding round led by Gumi Cryptos Capital. Other investors included @cbventures, @UniswapLabsVC, the @BlizzardFund, and more.
Let's dive in 🧵
1/ #Panoptic aims to revolutionize the decentralized options trading market, just as @Uniswap offers decentralized cryptocurrency spot trading.
According to COO and co-founder Jesper Kristensen, the company obtained the funding through an equity plus token warrant arrangement.
2/ Kristensen also stated that they plan to use Uniswap's automated market maker (AMM) as the foundation for Panoptic's initial release.
On December 30, @TokenUnlock's calendar shows that over $111.5m worth of #1INCH network tokens will become vested, representing nearly 15% of the total supply.
A thread 🧵
/1 In December 2020, 1INCH released 6% of its token supply into circulation. The total supply of 1INCH is capped at 1.5 billion, with tokens becoming available through vesting every six months from January 2020 to December 2024.
/2 As of December 30, the second and final vesting for the year 2022 will take place. CoinMarketCap and Coingecko estimate that there are currently about 668,975,312 1INCH tokens in circulation.