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Dvision Network is partnering with Enjin to expand its metaverse

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Dvision Network is partnering with Enjin to expand its metaverse

The blockchain-based Metaverse platform Dvision Network announced a collaboration with the leading non-fungible ecosystem provider Enjin. As part of the development, Dvision will use Enjin’s APIs to connect its metaverse to five different blockchains.

More options for Dvision Network users with Enjin Collaboration

Department revealed more details about the collaboration in a blog post on his medium page. According to the post, Dvision has established a strategic and technical collaboration with Enjin and is connected to five different blockchains.

Dvision plans to leverage Enjin’s platform and API to mint unique, non-fungible tokens that users can integrate into Dvision World’s existing metaverse.

Dvision’s integration of Enjin’s API also extends existing NFT options for users within the blockchain metaverse. You will be able to design unique Avatar NFTs and mint them on various blockchain platforms. Embossed NFTs can then be seamlessly moved across different blockchains using Enjin’s existing network of cross-chain bridges.

Dvision will also leverage Enjin’s new consensus mechanism deployed on JumpNet to mint carbon-negative NFTs. JumpNet is based on Proof-of-Authority, a unique consensus mechanism that reduces power consumption by around 99% compared to Proof-of-Work.

Dvision will also operate Enjin’s dedicated NFT blockchain, Efinity. Announced since its inception, Efinity is a parachain based on the Polkadot blockchain. This makes the Dvision metaverse accessible to the Polkadot mainnet.

Jung Hyun Eom, CEO of Dvision, commented on the collaboration and stated that it was necessary for the blockchain-based metaverse. He said, “We fully recognize the need to further facilitate the usability of the NFTs in the picture we saw earlier with the Ethereum-based NFTs, where creating and owning the items is an enormous cost to simple gamers were who had to spend huge sums of money on simple in-game items. “

Jung added that using Enjin would provide Dvision users with a better NFT experience. “With the help of Enjin, we will allow users to create NFTs for free and let the market decide the price, but not the onerous gas charges,” he concluded.

Fast growing blockchain metaverse

Dvision has continued to see exponential growth in its ecosystem over the past few months. The blockchain-based NFT metaverse was launched in early May as part of its expansion roadmap on the Binance Smart Chain.

Since then, Dvision has gained momentum by integrating leading projects such as PancakeSwap, Injective Protocol and SafePal, among others. This puts Dvision in fifth place among the top Metaverse platforms based on market capitalization, behind Sandbox, Decentraland, Axie Infinity and Enjin.

At the beginning of June, Dvision announced the start of the open beta test for community members to test functions in its Metaverse. The open beta test was completed in two phases with great participation from members of the Dvision community.

After the open beta test, Dvision launched einvision NFT market That will be the hub for creating, minting, and selling NFTs within its metaverse. Dvision will host its first conference alongside Lambda 256, a subsidiary of Dunamu. The event with the tag “Luniverse Partner Day“Will focus on the Korean NFT ecosystem.

About Division Network

Department network provides a web-based, real-time streaming 3D virtual reality metaverse service so that users can easily experience metaverse content such as trade shows and games. Anyone without development-related know-how can easily create NFT articles on the Division platform. The division’s NFT trading system enables monetization by directly connecting creators and consumers with no middlemen. This is used to connect the virtual world with reality.

All of these products are powered by the Dvision Network Utility Token DVI, which is listed on several exchanges including Uniswap, Bithumb, Coinone, Bittrex, Indodax and Hoo.

Disclaimer: This is a paid post and should not be treated as news / advice.

The LYOPAY ecosystem provides all crypto banking services

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The LYOPAY ecosystem provides all crypto banking services

When Bitcoin was born, nobody took it seriously. How could a virtual coin overcome fiat?

That was until the introduction of DeFi, which enabled the transformation of banking services into the crypto world. And yet, the user experience was still on the back burner as no app could give you access to all of the available crypto banking services.

At least until LYOPAY has joined the game.

Get to know LYOPAY – an innovative crypto ecosystem

LYOPAY was introduced to make cryptocurrencies more useful in real life and provide easy access to a wide variety of banking services.

The main benefit of LYOPAY is the crypto payment, which complies with the KYC, OWASP and European data protection regulations. This way you can be sure that there is no conflict between crypto and third party institutions.

To make the transition from fiat to crypto easier, LYOPAY comes with a physical card that you can use to buy anything from LYO partners.

The card can be topped up with cryptocurrencies, including Bitcoin and Ethereum, and you can use it to pay both physically and electronically. With LYOPAY you can have an EU Mastercard, Global Mastercard or a gift card (the last two are in process).

The type of payment does not matter. You can buy clothes and groceries, make transfers, and even book travel plans. It’s your decision. It is essential that crypto is no longer just intended for currency trading.

What else can you find in the LYO ecosystem?

As mentioned at the beginning, LYO is best known for the fact that it covers all crypto banking activities. They are divided into six plugins, each of which comes with its own features and benefits.

LYOBROKER

By adding this plugging to LYO, you can make crypto payments to DeFi companies worldwide without the need for an account.

LYOMERCHANT

This is the main plugin that we can use to pay for goods in crypto. This is possible because the platform automatically converts coins and tokens into fiat currencies. Everything is done in seconds.

LYOTRADE

This is a platform where users can freely trade their cryptocurrencies at a fantastic speed (1.5M TPS) and the cost is minimal – only 0.2% for the market and 0.4% for the buyer.

LYOCUSTODY

This plugin works like a wallet where you can easily manage your current assets. What sets it apart is that the level of security exceeds expectations: multi-signature accounts, cold storage, key recovery – everything you need to protect your assets.

LYOAGENT

If you want to help the project spread its wings, you can become one of their agents and promote them for a commission of up to 50%.

LYOTECH LABS

This plugin is for those who want to become a partner of LYO. It helps both sides – LYO is gaining credibility and traders are early in the crypto movement.

Take part in the PRE-ICO

If the project wins you over, you have the chance to get early access and buy the core token before the public listing.

The PRE-ICO is available until July 31, 2021 and from August on the official ICO. But note, the sooner you get it, the greater your profit after listings.

Don’t miss the chance and be one step ahead in the crypto world!

Website: www.lyopay.com

LYOPAY telegram: www.t.me/lyopay

LYO CREDIT ICO: www.lyocredit.io

LYO CREDIT telegram: www.t.me/lyocredit

Facebook: www.facebook.com/lyopayofficial

Instagram: www.instagram.com/lyopayofficial

Medium: www.lyopay.medium.com/

LinkedIn: www.linkedin.com/company/lyopay/

Disclaimer: This is a paid post and should not be treated as news / advice.

How this Ethereum event will affect prices

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How this Ethereum event will affect prices

Ethereum has made many investors happy in the past few days. In fact, the second generation coin has been in the green for 8 days yesterday, despite a small red closing price. At the moment, a large number of investors are protecting themselves for and against Ethereum. And with crypto trading at $ 2,312.23 at press time, much of their hedge could also run out.

If you’re wondering how this would affect ETH, these metrics will help you understand how.

Ethereum Options – A Good Option?

Well, based on the recent increase in ETH Options Open Interest (OI), it appears that it does. For the last 8 days as the price went up, so did OI. The OI rose $ 800 million and was $ 2.8 billion at the time of writing.

That was a 27% increase, also the highest such increase in nearly a month. However, the steady growth of the OI did not match the option volumes as the latter were absolutely decent. While an increase was observed on July 26, these volumes were largely dormant.

Ethereum Options Open Interest at monthly high | Source: Skew – AMBCrypto

The interesting observation, however, comes from Strike’s Ethereum Options OI. Put simply, this key figure indicates the number of hedge contracts placed at different prices.

Puts represent a decline to that specific price, while calls are an indicator of such an increase. If you look at the chart you can see that the market is very positive about a price increase. Calls contracts have dominated puts contracts in the $ 2,200 to $ 4,000 range. In addition, over 230,000 contracts ranging from $ 5,000 to $ 15,000 were placed. And these numbers aren’t small either.

Post-strike ETH options show bullish sentiment | Source: Skew – AMBCrypto

$ 5,000 alone has the highest number of hedged contracts – 68,000, with over 90% calls. This is an indication of how optimistic investors are about Ethereum. Even considering the deadlines for these contracts to expire, this potential price hike might seem plausible.

Expiry of the ETH options contracts

The process is an important signal to understand the price movement. Depending on when the contracts are placed and based on the type of dominance – puts or calls – prices can be estimated. As for Ethereum, this can be a blessing. Most OI expirations will be placed between September and December 2021.

This year-end hedge shows investor sentiment as people expect a big price differential by the end of the year. Likely a price increase as the range of most options contracts goes in the bullish direction along with the already active rally.

ETH Options Expiry also appears bullish | Skew – AMBCrypto

In addition, over 325,000 contracts expire tomorrow. Hence, it will be interesting to see if last week’s rally brought investors gains or losses as a number of puts orders were placed on Ethereum that fell in the $ 1000-1800 range.

Despite recent gains, THETA dealers should be concerned about this

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Despite recent gains, THETA dealers should be concerned about this

With most eyes open Bitcoin and Ether, It’s almost surprising, if not shocking, to see an Alt-like one THETA recorded the highest weekly profits. In fact, at the time of writing, the altcoin had the highest weekly gains of 32.1% among the top 20.

However, this is not the first time THETA has surprised the market. In fact, in June the ecosystem saw some exciting price hikes before its own Mainnet 3.0 launch. This time it is no different, because THETA recorded growth of 72% from July 19 to July 29.

A massive correction

THETA’s price posted its best weekly gains since March 10, when the altcoin exploded from the 78.6% Fibonacci retracement. He also held the strategically important 50-week Simple Moving Average (SMA). While the $ 6.35 resistance level for the Alt was tested during the price rally, it could not be flipped.

Nonetheless, crypto’s price action bridged the gap between lower lows after its massive correction pulled the old’s value to the $ 3.52 cycle low. At the time of going to press, THETA was up 63.74% from its cycle low.

THETA price table

Source: THETA / USDT, TradingView

What do the metrics say?

Notably, the Relative Strength Index (RSI) for THETA touched the oversold area for the first time since April 16. Trading volume for the altcoin, which was low for most of the month, also saw a decent increase.

On the price front, most indicators shared a bullish outlook. However, a look at crypto’s on-chain metrics painted a different picture.

In fact, the scenario for THETA was rather neutral, if not negative. The altcoin ecosystem has been quite heated in the past few months. However, its price took a roller coaster ride after hitting lower lows and lower highs during that period.

Disappointing social volume

At the time of going to press, THETA was still 61.55% lower than its ATH three months ago. Apart from that, the social volumes for THETA also showed a very neutral market sentiment. Usually such price rallies are characterized by higher social volumes, which was not the case with the altcoin.

The 50% price gains noted by the alternative are said to be partly due to the introduction of singer Katy Perry’s NFT collection in the THETA network and her announcement of an investment in Theta Labs.

Do whales make money?

Additionally, another worrying metric is the slow decline in the percentage of total stablecoin supply held by whales to over $ 5 million. Even at a high, the indicator hit lows, recording a value of 49 on July 28, which was as low as its level at the end of May. Ergo it seems that the whales make money at this high price.

Source: Sanbase

On the other hand, however, development activity was at an all-time high on July 27th. Unfortunately, at the time of writing, it was seeing a downtrend as the price corrected.

graduation

While THETA posted the best gains of any top alts, the metrics seemed to suggest that once the price of Bitcoin slows, it will be difficult for the alto to hold these prices. In addition, THETA did not climb above the all-important $ 7 mark, a level that would have sparked a long-term rebound.

What you should know about this upcoming bitcoin season

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What you should know about this upcoming bitcoin season

Bitcoin made some big gains in late July. In fact, the king coin closed in the open for the eighth day in a row. However, that growth can take a back seat when corrections emerge in the market. Well, where does this formation place the investors? Well, it looks like the HODL season is finally here.

Bitcoin begins to accumulate

As can be seen from on-chain metrics, net outflows were the highest daily outflows in 5 years. The last time outflows were near 60,000 BTC was in 2016.

A notable takeaway here was the price move right after that 2016 outflow high. In less than a month, crypto entered a short-term bull run. If the pattern repeats itself this time, the price of Bitcoin can potentially climb back up the charts.

Bitcoin net outflows hit a 5-year high | Source: Glassnode – AMBCrypto

This extrapolation also arises from the fact that Bitcoin is getting closer to a potential golden cross. Historically this marks the beginning of an uptrend and this uptrend would coincide with the historical upward pattern mentioned above.

Also, if you look at the net realized gains / losses charts, earnings hit a 2 month high yesterday. Understanding psychology at such a stage is not difficult. Big profits lead to high participation and as people expect Bitcoin to hit a big $ 100,000 boom by the end of the year, their motives and positions become clear.

From now on, this will contribute to investor sentiment at HODLing.

Bitcoin made gains at a 2 month high | Source: Glassnode – AMBCrypto

Who are all HODLing?

While the numbers are not yet known by retail investors, other large swaths of the market have already started displaying their positions. The accumulation trends observed in the use of Bitcoin addresses show us exactly which group of investors accumulated coins in the last month. For this month it seems like the accumulation is moving towards whales and many groups of all sizes.

This is a good sign as many whales got out during the May sell-off and didn’t rearrange until June.

Bitcoin Accumulation Trends Bitcoin | Source: Ecoinometry

Also had miners already registered the HODL phase, even before whales and investor numbers even came up for it. In fact, the Miners Position Index found that the miners were already backing off the sale at the time of this report. They keep accumulating Bitcoin and this can further help BTC achieve the potential price increase mentioned above.

Once this pattern is confirmed, the demand for Bitcoin could escalate, which could eventually lead to a price spike. However, investors, make sure that you DYOR and study the markets well before making a decision.

Number of cryptocurrency users doubled in just 6 months: survey

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								Number of cryptocurrency users doubled in just 6 months: survey

It appears that the number of cryptocurrency users has doubled since January 21 this year, according to research on global cryptocurrency adoption by Crypto.com.

The report collected information from 24 major cryptocurrency exchanges using on-chain data based on various metrics, identifying over 220 million users by the end of June. February and May were the months when the influx of new users peaked: 203 million.

The Altcoin market has grown largely thanks to SHIB and DOGE

The altcoin market also experienced considerable growth during the early months of 2021, witnessing an increase in user counts to all-time highs. Interestingly, the report highlighted that Ethereum outpaced Bitcoin’s growth this year. In the aftermath of the April market crash, Ethereum saw huge institutional interest, which peaked during May and late June.

According to the report, SHIB and DOGE were responsible for the increased interest in the altcoin market. It is difficult to find the exact returns of SHIB, but the on-chain data shows that DOGE increased by more than 3.663% in the first half of 2021.

“The growth we have seen in the first half of 2021 on our platform and across the industry is very encouraging and we will continue to invest heavily as we pursue our goal of putting cryptocurrency in every wallet.” Crypto.com co-founder Kris Marszalek said

According to a Coinbase report, The trading volume of Ethereum increased by more than 1,400% during the first six months of 2021, catapulting the trading volume of ETH to $ 1.4 trillion.


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Is the cryptocurrency fever cooling down?

The cryptocurrency market has experienced a notable increase largely due to institutional adoption. The early months of 2021 were bullish for most currencies, especially Bitcoin, as various hedge fund managers, famous billionaires and institutional investors saw BTC as a safe store of value and a substitute for precious metals such as gold. .

How CryptoPotato reported, Vasant Prabhu, Visa’s Chief Financial Officer, says the cryptocurrency fever is starting to cool as cryptocurrency-related transactions via Visa are waning. Transactions were booming in the first two months of the third quarter, peaking 47% and 56% for online cross-border transactions.

However, some companies are still working to offer innovative services to their users, such as PayPal, which recently announced that it is working on a new “Super App Wallet” which will work to offer “additional cryptographic features” for users.

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Bitcoin’s ripple effect on Chainlink – will it last?

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Bitcoin's ripple effect on Chainlink - will it last?

Bitcoin’s rally had an impact on the rest of the market, with many alts posting surprising gains. While most of the top 20 alternatives were blinking green at press time, some did better than others. Chainlink was a case in point.

LINK had a good week

The price of the altcoin rose nearly 30% in just one week. In fact, it posted the best gains during this period, second only to MATIC. At press time, the altcoin was trading at $ 19.32. While it was on the daily charts in the green for most of the last week, LINK fell 1.81% within 24 hours at the time of going to press.

Can this be a problem for the crypto during its weekly price rally? Also, is LINK’s rally only being driven by the general upward move in the market or will the price hold once it goes down?

What do the metrics say?

A recent study of the metrics for LINK found that the supply of top addresses has increased significantly in view of the increasing price of the Alt, forming an almost parabolic structure. On the other hand, the percentage of what LINK is offering in smart contracts has also decreased over time. At the time of going to press this was 56.31%. These results paint a very neutral picture for the crypto asset.

Source: Glassnode

ON Previous article had highlighted that LINK needed higher speed in order to trade at better levels. At the time of going to press, the old speed was oscillating on the one-day chart at 3.47, a level that is not a significant jump given the current rally.

While Chainlink’s MVRV ratio has seen recent highs, it may also mean that market value is higher than realized value. Therefore, pressure to sell (as seen at the time of going to press) can trigger minor price losses.

Source: Sanbase

So will the price hold up?

A look at Chainlink’s price performance also indicated that trading volume spiked decently, making the July 26th green candle the highest green candle since May 27th. Additionally, the Relative Strength Index for LINK broke the resistance level it was struggling with at 48.4. At press time, the RSI for the altcoin was 59.8, with the same still moving on the daily chart.

Source: LINK / USDT trade view

Other factors that contributed to the increase

LINK’s price hike last week could also have been fueled by other factors such as PolyWhirl, which Chainlink VRF incorporated to secure and decentralize Token Burns. Another factor could be Crypto.com’s recent announcement that it is adding Chainlink price feeds to its Cronos testnet.

Although the metrics painted a neutral picture for LINK, outside news received reasonable interest in the alternative. Against this background, it is safe to say that nothing extraordinary is to be expected from the LINK price in the short term. Another small rally or dip wouldn’t be shocking either.

Wault Funding: Community-driven ecosystems are the future of finance

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Wault Funding: Community-driven ecosystems are the future of finance

The global financial crisis of 2008 is considered to be one of the greatest financial crises of all time. In addition to the long-term effects of the crisis, reference is still often made to the sequence of events that led to the crash. In retrospect, however, only one thing is really important; the financial institutions have failed, and not just that the governments were complicit in making the situation worse.

Yet in the midst of the crisis, incredible seeds were sown that would transform finance as we knew it. Back then, Bitcoin’s anonymous founder Satoshi Nakamoto proposed a new financial system through the Bitcoin whitepaper, and although Bitcoin didn’t gain popularity until a few years later, its impact on finances has been undeniable ever since.

In the past few years, Bitcoin and other cryptocurrencies have made headlines in almost all financial circles, developing and developing practical use cases such as decentralized finance.

The inadequacies of existing financing models.

Fiat currencies date back to the 12th century in China, but they did not become popular until the 20th century, and while it is undeniable that the fiat system has been effective worldwide for over a century, the shortcomings are its centralized nature day by day more worrying.

Originally, it was mandatory for fiat currencies such as the US dollar to be backed by gold, silver or other precious metal reserves. However, funding has shifted massively and such a reserve is no longer necessary in many countries.

As a result, a store of value originally tied to precious metals has evolved over decades into a medium for importing and exporting supplies, automobiles, crude oil, military weapons, and any other asset you can name. These assets generally contribute to a country’s currency reserve and how much purchasing power a currency should hold.

However, as has been observed over the years, central banks and governments are not always transparent about foreign exchange reserves and money pressures. In some cases, central banks try to print and circulate more money than they should (given the depletion of foreign exchange reserves), leading to hyperinflation and eventually a recession.

This has happened all over the world. Hence, it is undeniable that fiat currencies and the monetary system have centralization gaps, weaknesses due to the great power that lies in the hands of small groups. While the Fiat cannot be replaced at the moment, that does not mean that certain alternatives cannot improve it.

Decentralized financing: an emerging financial alternative

Decentralized Finance (DeFi), or Open Finance as it is sometimes called, is a blockchain-based alternative financial ecosystem. DeFi is not only independent of the influence of governments and central banks, but in many cases of all third parties and forms of financial intermediaries.

In essence, DeFi Banking is the Unbanked and Underbanked, without walls and with numerous tools for generating income such as yield farming.

You could say that the Ethereum network and smart contracts are responsible for the birth of DeFi. Smart contracts are computer-generated transaction logs that run automatically when certain preset conditions are met.

Of course, DeFi has not only grown on Ethereum since then, but also on various blockchains that have developed their own approaches to capture the decentralized flow of value. At the moment that’s not a small amount. The total value locked in DeFi is more than $ 65 billion at the time of writing.

Wault Funding: Community Driven DeFi Protocol.

Wault Finance is a fully decentralized, community-owned DeFi protocol that advocates organic growth and a sustainable financial model. Wault’s dedication to its users has been rewarded from the ground up with massive growth and total project value of $ 400 million at the time of writing, which has not received any venture capital investment since launching in early 2021.

The decentralized exchange of Wault Swap (DEX) is a real cross-chain DEX in both the Polygon and the Binance Smart Chain (BSC) network. With the lowest fees for Polygon and BSC (0.2%), the exchange is completely decentralized and has continued to attract swarms of users within a short period of time. The non-custody DEX now has one of the largest trading volumes in both chains and is consistently among the top 5.

Wault use cases and the solutions for the existing ecosystem

While many new DeFi protocols and projects have been blamed for lack of utility and rug pulling, Wault has a wide range of legitimate financial instruments, with products like DEX Wault Swap, Wault Launchpad, and Wault Locker, all of which are decentralized tools that users can use use to earn, store and secure their crypto assets.

Most recently, Wault announced the launch of the first stablecoin model of its kind, a trade-based stablecoin WUSD.

Stablecoins have often played a pivotal role in DeFi and the cryptocurrency market as a whole, and while there are many of them, there have been a number of flaws and gaps in their models. Wault aims to address some of these loopholes by using the guarantee of active trading within the Wault ecosystem as support for WUSD. You can read more about the stablecoin model here.

For DeFi Maxis and enthusiasts, the goal is for the entire ecosystem to become large enough to be an alternative to failing centralized systems. In such a short amount of time, Wault’s commitment to community growth and decentralized products would suggest that their platform is sure to play a huge role in developing that vision and spreading decentralized finance among the masses.

Disclaimer: This is a paid post and should not be treated as news / advice.

Assessing the impact of Cardano not taking this step

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Assessing the impact of Cardano not taking this step

Cardano is one of those altcoins that actually managed to go the way. In fact, the network is on the way to rolling out smart contracts with Alonzo by October 2021. However, has the price of the altcoin actually kept pace with its growing popularity? Based on the recent market rally led by Bitcoin, the answer appears to be negative. So will it be possible to catch up? Or is it going the other way?

Cardano to Bitcoin?

Not really.

Despite the fact that BTC was up 35.4% after this week’s rally at press time, ADA was only up 22.4%. Bitcoin managed to break its Fibonacci bull market doors, a level below which BTC consolidated for over a month. When the price of BTC hit $ 40,000, it broke the door’s resistance and traded above it, albeit briefly.

However, according to Dan Gambardello, that sudden spike will require an appropriate correction that could force Bitcoin to make higher lows. In fact, these higher lows could form in the $ 31,000 to $ 32,000 range.

Important bitcoin levels | Source: Crypto Capital Venture

Such a correction would put Bitcoin on the path to steady growth. In addition, the 20-week moving average serves as a breaker level for the king coin. In order to register a strong bull run, BTC needs to convert it into support.

Cardano, however, seemed to be going in a completely different direction.

Important Cardano Levels to Look Out for

It has been observed that ADA’s price movement jumps after every hard fork. All the upgrades that came to the network came with a bull run. With the Alonzo hard fork on the way, something similar might be possible. Cardano price could enter the bull market pattern its charts previously showed and ADA may begin moving north.

This would place the next critical resistance at $ 1.3-1.4. When these levels get very close to you, you should know why it will not be easy for ADA to break through them.

Cardano important levels | Source: Crypto Capital Venture

Since Cardano couldn’t keep up with Bitcoin, it couldn’t break its own bull market door either. ADA was already trading within a descending macro triangle, and as it eventually broke out, it was retesting the upper trendline for support at press time.

If it falls back into the structure, there is no telling whether it can come out or not. While a slight correction would be considered normal, the on-chain metrics painted a slightly different picture.

Cardano real volumes | Source: Messari – AMBCrypto

In fact, despite the above increase, the real volumes of the cryptocurrency have continued to decrease by 22.4%. In addition, the level was last seen in November 2020.

Since investor sentiment is already consistently negative, this retracement makes sense. Should this continue to be the case over the long term, critical support levels would be set in the range of $ 1.10 to $ 1.16.

Kaiken Inu Announces Hotbit List

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								Kaiken Inu Announces Hotbit List

[PRESS RELEASE – Please Read Disclaimer]

Kaiken Inu is a BEP20 token on the Binance Smart Chain that recently announced that it will be listed on the Hotbit Exchange on the 2ndns August 2021. The official announcement can be found here.

Kaiken aims to be something worth keeping the ecosystem and community intact which makes it all alive with its friendly nature. Introducing Kaiken Inu Token, the staking token inspired by Doge, Shiba Inu and Lord Elon Musk.

Kaiken Inu Token is a BEP20 (Contract Address) token that puts the community that brings it together in the driver’s seat and returns to dogs in a way that helps them. A percentage of the token supply will be used to donate to dog shelters monthly. It’s a wonderful way to create a use case for cryptocurrencies in a way that can help the animals that inspired it.

In addition to the details mentioned above, users will also be able to trade on the Kaiken NFT market, where users will be able to buy, sell and trade NFTs through the Kaiken ecosystem. With 400 million tokens assigned to staking, users and hodlers interacting with the Kaiken ecosystem will be able to stake their tokens to earn passive returns. Finally, Kaiken plans to integrate an IDO platform that will help create new projects that can be launched and collaborated with Kaiken Inu Token!

Information about Kaiken Inu

Kaiken Inu will only have a circulating supply of 1,000,000,000 tokens.

As mentioned on the website, Kaiken intends to implement a burn program to keep the token speed low and add an interesting twist to the ecosystem’s token structure.

They will be distributed as follows:

Presale: 300,000,000 Kaiken

Stake: 400,000,000 Kaiken

Liquidity 150,000,000 Kaiken

Community Loot: 100,000,000 Kaiken

Marketing: 50,000,000 Kaiken

The project and its team also created a simple roadmap.

Navigating through these ever-changing market conditions and outstanding issues in cryptocurrency can be difficult and challenging. That’s why bringing a new initiative like Kaiken Inu can be refreshing and can be used to bring back some hype about how blockchain is changing the world. Join us on our journey as we start helping dogs around the world and become one of the largest and most used meme coins on the Binance Smart Chain.

For more information: Website: Twitter: Telegram: Announcements:

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