Canadian project, 99 Lees Avenue, Ottawa, ON (2026)

02/10/2022

Metaverse Ecosystem Development & Investment Conference Asia Station will be made on 24, 25, 26 May 2022 online, organized by the MC (Metaverse Club). The conference focuses on games, NFTs, DeFi, Technology companies from global, players, investors, and media in the Asia Pacific market, sharing the latest market news with global metaverse companies, finding investment opportunities, and meaningful PR opportunities in the Asia Pacific market.

The conference will include:
500+game,nft,defi,technology companies；
80+ investment institutions
50+ Asia Related Media；30+global media
20,000+ attendees online；
80+ featured speakers；
60+ metaverse innoviation topics；
30+keynote speeches；
10+panel discussion；
8+fireside chat;

02/08/2022

Ravendexlabs has announced a trading competition to celebrate their BitMart listing which happened on the 10th of January 2022.

About Ravendex

Ravendex, a Cardano startup project that started last year is on a mission to build a Robust, Scalable and Secure Decentralized Exchange on Cardano where users can trade their Cardano Native Tokens without a middleman.

Rave Token

The Ravendex protocol will be powered by a single utility token $Rave that will have multiple use cases like:

Staking with an impressive APR of 15%

Governance as $Rave holders will be able to vote on certain proposals that affect the Ravendex Ecosystem.

Ravendex staking protocol when released to the public will be unique in it’s own Form as users can create a Vault, Verify their Address, Choose a pool and stake their $Rave tokens without moving the $Rave assets in the wallet.

$Rave Listing On Bitmart

$Rave token has been available for trading on Bitmart exchange, a popular and traditional centralized exchange (CEX). $Rave token is listed on Coinmarketcap with a market cap of over 4 Million Dollars.

Ravendex Team also has plans of Supplying initial liquidity to Sundaeswap to boost it’s liquidity volume before moving it to Ravendex own Dex when launched.

Rave Trading Competition On Bitmart

02/07/2022

In 2020, Wealthsimple dipped its toes into crypto by offering Bitcoin and Ethereum trading. Now, the online investment platform is fully embracing crypto by including capabilities like hosted wallets and several other coin options to trade. Of course, Wealthsimple isn’t the first financial services company to embrace crypto, signaling that digital currencies are becoming more and more mainstream. WealthSimple CEO Mike Katchen urged Canadian policymakers to “plant a flag” in the crypto world. The tides are already turning in regards to regulation, with BitBuy recently becoming Canada’s first regulated crypto trading platform. With regulators and corporations working together, and self-regulation within the space already in the works, companies at the forefront of crypto and blockchain technology developments like WonderFi Technologies (NEO:WNDR) (OTCPK:WONDF), Coinbase (NASDAQ:NASDAQ:COIN), MicroStrategy (NASDAQ:MSTR), DMG Blockchain Solutions Inc. (TSXV:DMGI) (OTCQB:DMGGF), and Galaxy Digital Holdings Ltd. (TSX:GLXY) could soon see accelerated growth.

WonderFi Technologies (NEO:WNDR) (OTC:WONDF) is a technology company backed by Kevin O’ Leary that provides us with an easy gateway to DeFi. On January 4th, WonderFi announced that it had entered into a definitive agreement to acquire the parent company of BitBuy (First Ledger Corp.).

"The integration of WonderFi and Bitbuy is a huge step forward in our mission of democratizing finance through easy and secure access to DeFi and crypto," said Ben Samaroo, CEO of WonderFi.

"A licensed marketplace serves as a crucial gateway to the digital asset economy, and facilitates a robust end-to-end, unified client experience. The integration of Bitbuy's product suite will accelerate and expand the reach and scope that WonderFi can offer to the market, and will drive long-term growth and value for the Company." As mentioned, BitBuy became the first crypto platform that was regulated as a marketplace in Canada, thereby establishing WonderFi as a leading consumer platform for people who are interested in accessing regulated cryptocurrency and decentralized finance (DeFi).

02/03/2022

Investors are rapidly purchasing land in a variety of metaverses and spent a combined total of $501 million in 2021 to obtain virtual plots of land. Sales in the first month of 2022 have already reached $85 million, and if this pace continues, sales could reach up to one billion dollars in 2022.

Virtual real estate has been received as an innovative and promising investment, similar to NFTs and cryptocurrency. Although metaverse investments can be risky, they can also prove to be very rewarding.

“[It’s] highly, highly risky. You should only invest capital that you’re prepared to lose. It’s highly speculative. It’s also blockchain-based. And as we all know, crypto is highly volatile. But it can also be massively rewarding,” Janine Yorio, the CEO of virtual estate development company Republic Realm, told CNBC.

According to Yorio, Republic Realm sold 100 virtual private islands for $15,000. Now they’re sell for $300,000 each, the price of an average home in the U.S.

The steady increase in sales really soared when Facebook (NASDAQ:FB) rebranded to Meta and announced its intention to focus operations on the metaverse. Covid-19 restrictions may also have played a part to spark global interest of virtual life. In the metaverse, there are many things users cane do: you can visit museums and themed attraction parks, go to a beach party, or nightclub, and even attend concerts of famous performers.

As reported by CNBC, BrandEssence Market Research found that the metaverse real estate market could seen an increase of 31% per year from 2022 to 2028.

Currently, the top metaverses are The Sandbox, Decentraland, Cryptovoxels, and Somnium.

On the Flipside

Major tech companies, such as Meta and Microsoft (NASDAQ:MSFT), are putting millions into the metaverse, and the future of the internet seems to be leaning towards the metaverse’s development. Yet the investment is risky. “You’re buying something that isn’t tied to reality,” said Mark Stapp, professor of real estate theory and practice at Arizona State University.

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01/31/2022

It was only a matter of time before China slapped a ban on Bitcoin (BTC) mining, trading and crypto services. To do anything with Bitcoin anywhere in the People’s Republic, one needs a special exemption. The Chinese government’s given reason for the Bitcoin crackdown is to reduce its well-documented climate impact. Regardless of the amount of truth in this explanation, one thing is clear: China’s righteous anger toward electricity-guzzling and carbon-spewing mined cryptocurrencies in the service of Earth’s climate is only the first shot in an impending global showdown over Bitcoin and other crypto projects that rely on proof-of-work (PoW), the complicated crypto security mechanism we subsume under “mining.” This does not seem like a battle crypto can or will win.

For many cryptocurrency enthusiasts who are holding Bitcoin, this is a difficult realization to face. Luckily, there is a helpful parallel, and it even has the same name: coal mining. Coal is on its last legs because there are cleaner, cheaper, more efficient and more technologically advanced alternatives.

Dominik Schiener is a co-founder of the Iota Foundation, a nonprofit foundation based in Berlin. He oversees partnerships and the overall realization of the project’s vision. Iota is a distributed ledger technology for the Internet of Things and is a cryptocurrency. Additionally, he won the largest blockchain hackathon in Shanghai. For the past two years, he has been focused on enabling the machine economy through Iota.

01/26/2022

In collaboration with NFT investment fund artèQ, the Belvedere museum is launching an NFT drop of a historical masterpiece. Just in time for Valentine’s Day, the most famous depiction of a pair of lovers will be offered for sale in a limited number of digital excerpts.

Gustav Klimt’s The Kiss (Lovers) – one of the world’s most famous works of art and the centerpiece of the Belvedere’s collection – will be specially implemented as an NFT project. A high-resolution digital copy will be divided into a 100 x 100 grid, resulting in 10,000 inimitable individual pieces that will be offered as non-fungible tokens, or NFTs.

The buying process begins with a “whitelisting” phase on 26 January, 00.00 am Central European Time, when interested parties can register to purchase on the thekiss.art platform. On February 9, buyers will receive authorization to purchase minted NFTs of a piece of the digital Kiss. Minting is an imprinting process through which digital art becomes part of the blockchain – this guarantees that each NFT is unalterable and forgery-proof. From February 9, buyers can complete the transaction. The 10,000 segments of the work will be allocated at random. If the sale is oversubscribed, allocation of the 10,000 NFTs will be decided by lottery. The drop, or official release of the NFTs, will take place on Valentine’s Day, February 14.

Buyers can also register as owners of their piece on the platform thekiss.art, where the picture can be viewed in its entirety. This entry can also serve as a declaration of love – just in time for Valentine’s Day.

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01/20/2022

Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17.

Earlier this week, Multichain urged users to revoke approvals for six tokens to protect their assets from being exploited by malicious individuals.

01/20/2022

Burnt Finance, a crypto startup that became famous for burning an original Banksy artwork and then selling higher as an NFT, has raised $8 million in a Series A round led by Animoca Brands.

Other participants in the capital raise include Alameda Research, DeFiance, Figment, Multicoin Capital, Play Ventures, Spartan Capital, Terra, and others.

Of all the investors, Multicoin is perhaps the most popular, having been investing in blockchain projects since 2017. The company has invested in Solana, NEAR, MobileCoin, and several other projects.

Following the investment, Burnt Finance will launch its multi-language NFT marketplace. The platform will integrate some DeFi features like NFT lending, fractionalization, liquidity mining, and GameFi.

The company explained that its platform would provide permissionless access to digital collectible, adding that its model enables low fees and fast transactions. It also disclosed that it had 160,000 users on its waitlist and had processed over $100 million in trading volume in just seven days of its Spark testnet.

Yat Siu, the executive chairman and co-founder of Animoca Brands, said: “Minting and trading assets in a permissionless ecosystem is crucially important to the economic groundwork of the open metaverse.”

Speaking of NFT marketplaces, Burnt has a lot of work cut out for it. The space is currently dominated by the likes of OpenSea, SuperRare, Rarible, and NiftyGateway. However, Burnt may have a chance seeing that it will be building on the less-populated Solana blockchain. There are also plans to expand to other blockchains, including Terra.

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