Tag: Launch

Filecoin’s FIL Token Jumps More Than 30%, Sparking Interest in Virtual Machine Launch

The network first announced FVM’s launch last September at the FIL Singapore conference, promising the software platform would support an array of user programmable applications such as perpetual storage, storage replication and repair automation and liquid staking through block rewards. The platform also has the capability to support the creation of data-centric decentralized autonomous organizations (DAOs), which would facilitate pay-per-view transactions and the creation of Web3 games, among other applications. Source

The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox

On February 15, the European Commission made the announcement that it will be launching the European Blockchain Regulatory Sandbox. The regulatory sandbox will serve as a forum for discussion around 20 new projects each year until the year 2026. The sandbox was first announced in the year 2020, and it is now being managed by a number of private companies who were successful in winning bids in the year 2022. The Digital Europe Program will be responsible for providing the funding. Use cases from the public and commercial sectors that…

The Bank of Japan to launch its CBDC pilot before May

boss

Japan, a nation where foreign stablecoins like USDT are prohibited, plans to begin its central bank digital currency (CBDC) pilot in April 2023. It will aim to include private businesses and test an ecosystem.  On Feb. 17 the Bank of Japan (BoJ) released the opening speech of its executive director Shinichi Uchida at the CBDC committee meeting. In it, Uchida announces that the Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021. The pilot test…

Crypto Exchange OKX To Launch New Blockchain As Utility Token OKB Reaches Fresh All-Time Highs

boss

Crypto exchange platform OKX is gearing up to launch a new blockchain as its native token surges to new all-time highs. Star Xu, the founder of crypto derivatives exchange OKX, says that the firm will be launching a new but separate blockchain as its native asset OKB reaches new all-time highs. According to Xu, the new blockchain called the OKXChain will focus on creating a decentralized ecosystem for the protocol, granting users access to decentralized finance (DeFi) and decentralized applications (DApps). OKXChain will be created and operated solely by the…

GQ Magazine Enters Metaverse with Launch of Its First NFT Collection

GQ joins many other legacy publications that are recently showing an affinity for Web 3.0. Men’s fashion-based GQ magazine is foraying into the metaverse by launching its first-ever collection of 1,661 non-fungible tokens (NFT). Titled “GQ3 Issue 001: Change Is Good,” the collection features special art pieces created by popular artists Chuck Anderson, REO, Kelsey Niziolek and Serwah Attafuah. Each artist created more than 100 unique traits, which have now been algorithmically combined to create the artwork in the series. GQ Magazine to Begin NFT Minting in March The fashion…

GQ Magazine to Launch Its First NFT Collection Linked to Real-World Rewards

Titled “GQ3 Issue 001: Change Is Good,” the collection is made up of 1,661 NFTs linked to one-of-a-kind art pieces created by artists Chuck Anderson, REO, Kelsey Niziolek and Serwah Attafuah. Each token allows holders to claim additional rewards such as a GQ magazine subscription, a curated GQ box of products, exclusive merchandise and a ticket to the inaugural GQ3 party in April. Holders will also have access to a special Discord channel and will receive priority access to future releases. Source

Polygon ecosystem development and upcoming zkEVM launch add to MATIC’s bullish momentum

boss

Matter Labs, the firm managing Polygon (MATIC), announced that the beta version of its zero-knowledge Ethereum Virtual Machine (zkEVM) would launch on March 27, 2023. It’s possible that Polygon will enjoy a first-mover advantage in this space by launching a public mainnet before zkSync and Scroll. Zk-based roll-up technology is accepted as the gold standard for scaling. The existing optimistic-based roll-ups like Arbitrum and Optimism have EVM capability but are less secure because they are “fraud-proof.” Malicious transactions on an optimistic roll-up can stay valid for up to seven days…

Polygon tables late-March launch date for its zkEVM Mainnet Beta

boss

The long-awaited scaling upgrade from Ethereum layer-2 solution provider Polygon (MATIC) has been announced, with the Beta launch of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet slated for Mar. 27. In a Feb. 14 blog post, Polygon said after three and a half months of “battle testing,” the system will be ready for the mainnet next month. Roses are red Violets are blue Poems are hard Mainnet Beta is here ON MARCH 27, Polygon #zkEVM launches the future of Ethereum scaling https://t.co/OqSOYTn8Uv pic.twitter.com/kpXavea3ff — Polygon (@0xPolygon) February 14, 2023 It’s…