Press Release

Valduz, Liechtenstein, 4th March, 2021, // ChainWire //

TheFutbolCoin (TFC) token goals to supply a way of monetary assist for disparate organizations inside the soccer ecosystem

23rd February 2021, Vaduz, Liechtenstein — Bittrex Global GmbH might be  itemizing the TheFutbolCoin  (TFC) cryptocurrency on its digital asset change.  TFC is a excessive utility token that’s interwoven with TheFutbolApp (TFA) – a gamified social community themed round soccer / soccer.  TheFutbolApp, launched in September 2019, is rising organically on the identical price as Twitter in its early days and has a present play retailer consumer score of 4.8★ out of 5★.  TheFutbolApp solely accepts TFC for promoting. 

TFC and TFA enchantment to all parts of the soccer ecosystem:  3.5+ billion followers world extensive,  supporting retailers/companies, soccer gamers, skilled soccer golf equipment massive and small and leisure / novice soccer golf equipment. TFC allows the sharing of the digital wealth of soccer with its members, primarily the soccer fan.  

TheFutbolCoin’s utility is so excessive and various that it’s already accepted by greater than 20 several types of companies for items and companies. These embrace KFC, Farmer Boys, burger & different eating places, coffees retailers, comfort shops, automotive washes, tattoo parlors, listening to assist facilities, nail & hair salons, gymnasiums, bike & automotive sellers, artistic businesses, digital provides and extra.  

Prior to the Bittrex Global itemizing there are already greater than 150,000 distinctive TFC pockets holders in lower than 18 months with a whole bunch of 1000’s of transactions. TFC and TFA plan to considerably enhance their geographic economies in Europe, USA, Africa and Asia.

“The COVID-19 pandemic has been particularly hard on everyone both psychologically and economically.   This includes football fans, clubs, players and all that are associated with football.  More than 3.5 billion football fans globally have the uplifting, fun opportunity to join TheFutbolApp community and enjoy TFC’s sharing of the digital wealth of football, the biggest and richest sport in the world” stated Bittrex Global’s CEO Tom Albright.  “Football clubs also have a significant economic opportunity to benefit from TheFutbolCoin and TheFutbolApp.” 

“We are proud of TheFutbolApp and its high utility TFC token.  Our business model is explicitly to share the digital wealth of football via the TFC utility token with all participants in all continents of the world” stated Steve Van Zutphen, CEO and founding father of TheFutbolApp.  “We believe in community, breaking barriers and bringing millions of people together in an uplifting, inspiring and sustainable fashion.  We hope and expect to make a significant difference for football clubs and millions of football fans world wide.”

The soccer trade is a multibillion-dollar trade supported by billions  of individuals world wide; nevertheless, the affect COVID-19 has had on conventional sources of income has been appreciable, significantly for individuals offering assist and auxiliary companies to the trade. TheFutbolCoin goals to supply an instance of how communities and particular industries can band collectively and supply a decentralised financial community devoted to soccer followers world wide. 

About Bittrex Global 

Bittrex Global has probably the most safe buying and selling platforms and digital pockets infrastructures on the earth, the place prospects can entry thrilling new merchandise. Built on Bittrex’s cutting-edge expertise, Bittrex Global offers a high-level expertise for skilled and novice prospects alike.

About TheFutbolApp

TheFutbolApp (TFA) is a gamified social community themed across the world sport of soccer.  Through TheFutbolCoin (TFC) its excessive utility token, TheFutbolApp allows the sharing of the digital wealth of soccer with its members, primarily the soccer fan.  

Contacts

• John McLeod
• Bittrex Global
• jmcleod-v@bittrex.li
• +44 (0)7886920436

Singapore, Singapore, 26th February, 2021, // ChainWire //

Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming

Unifi Protocol declares the launch of Unifi Farms. The most revolutionary a part of Unifi Farms is there isn’t a staking of the liquidity token required. The public beta launch of Unifi Farms V1 will happen on not one, not two, however six completely different blockchains directly. 

Unifi is proud to announce the upcoming public beta launch of Unifi Farms V1 on Binance Smart Chain!

Unifi Protocol isn’t a clone of different DeFi initiatives, which has led to some very distinctive improvements.  Unifi Farms will proceed this custom of shattering expectations and introducing options on Unifi Farms not being supplied anyplace else in DeFi!   

Unifi Farms could have a number of benefits over old style DeFi farms.  The one that can probably be probably the most revolutionary with Unifi Farms is there isn’t a staking of the liquidity token required! Welcome to the world of true auto-farming on Unifi, the place we discuss with it as No-Stake Farming.

Why is farming with out staking so revolutionary?

Savings! Everyone agrees the excessive community charges on Ethereum have a big affect on the farming rewards earned by liquidity suppliers.  Even on low value networks resembling Binance Smart Chain, the community payment is a price that reduces the good thing about farming. 

To take part in most farms, the consumer pays not less than 5 community charges.  First – present liquidity,  second – stake the liquidity token within the farm, third – declare the reward, fourth unstake the liquidity token, fifth – trade the liquidity token again into the unique liquidity. 

Unifi Farms solely requires two community charges.  First – Provide Liquidity, Second – trade the liquidity token again into liquidity.  You might select to assert Unifi Farm rewards at any time, as typically as you want, which does value an additional community payment.  But that’s non-compulsory with Unifi.  You might select to let the rewards develop till you take away the liquidity, which is able to robotically declare your rewards with no additional community value!  

Security! We consider that hacks are a prevalent and unlucky pattern within the DeFi house. They demoralize potential customers from taking part in numerous initiatives and create nervousness for nearly everybody entails. The largest danger of staking your liquidity tokens is that these tokens depart your pockets and go to the DeFi platform’s contract. This places digital belongings at excessive danger.  Unifi Farms doesn’t require you stake your liquidity supplier tokens in any respect.  Which means they keep in the very best place – your pockets!  Unifi Farms doesn’t take liquidity tokens, by no means has management over your liquidity tokens, might not switch or lose them, and even have them stolen.  Because you retain them securely in your pockets the complete time.  Who do you belief probably the most together with your liquidity tokens, the farming platform, or your self?

Convenience! There are not any additional steps required to have your liquidity earn extra rewards by way of farming! Depositing liquidity on Unifi already earns you a share of the buying and selling charges in that pair.  Now with Unifi Farms, earn much more with no extra staking motion wanted.  Your liquidity robotically qualifies for accessible farming rewards.  All it’s a must to do is declare. 

It is that straightforward.  Provide liquidity, earn farming rewards. No staking of LP tokens required.   

Let’s break it down much more:

Deposit liquidity and robotically earn rewards on prime of rewards. This suggests zero transaction charges to start out farming – there isn’t a must stake or unstake any tokens to start out incomes rewards. Security is a big differentiator for Unifi Farms. Unifi Protocol by no means takes possession of your LP (Liquidity Provided) token at any time. They keep in your pockets the entire time, which suggests you might declare your UP or withdraw your liquidity at any time. Unifi Farms is non-custodial. 

Beta Launch Promotion Event

The preliminary public beta launch of Unifi Farms is a promotional occasion that can begin within the very, very close to future and run for two weeks solely. At this time, there isn’t a dedication from Unifi for farming rewards past this promotional occasion, though it’s potential future assist can be introduced. 

In order to take part on this alternative, it is suggested to deposit liquidity now in order that when the promotion begins, you’ll robotically start incomes farming rewards. It’s possible that the best yield farming rewards can be earned by early liquidity suppliers. See under for how one can take part. 

Make positive to observe Unifi Protocol social media channels for bulletins relating to the beta launch of Unifi Farms.     

Which uTrade uPairs can be taking part in Unifi Farms v1 – Beta?

UNFI/BNB

Deposit liquidity into the UNFI/BNB pair. All uUNFI holders robotically earn a share of UNFI in rewards.

REEF/BNB 

Deposit liquidity into the REEF/BNB pair. All uREEF holders robotically earn a share of UNFI in rewards.

About Unifi Protocol

Unifi Protocol is a gaggle of non-custodial, interoperable good contracts linking a number of blockchains collectively into one massive DeFi market. uTrade is the working proof-of idea buying and selling platform for harnessing multi-chain swaps and liquidity mining to energy UNFI, Unifi’s Global Governance Token.  Unifi Protocol additionally options cross-chain swaps, sustainable utility, a robust rewards infrastructure. The tokenomics of Unifi Protocol balances an more and more well-liked multi-chain liquidity farming platform.

Press Contact:

Ryan Dennis

Ryan@SesameSeed.org

Contacts

Head of Marketing

• Ryan Dennis
• Unifi Protocol
• ryanedennis@gmail.com
• 9143095774

Dubai, United Arab Emirates, 25th February, 2021, // ChainWire //

Cryptocurrency alternate BTSE has launched an Earn characteristic that allows customers to generate yield from their digital property with out being uncovered to any volatility. 

By giving merchants a chance to earn returns on their idle property, BTSE has expanded its ecosystem to cater to savers in addition to merchants. Both versatile and fixed-term deposits can be found for crypto-assets resembling Bitcoin and Ethereum, in addition to in style stablecoins with various rates of interest. BTSE is anticipated to launch quite a lot of extra currencies within the close to future.

The versatile possibility permits customers to unstake at any time when they need, whereas locked time period deposits require tokens to be staked for an prolonged time period however present the next APY. No minimal deposit is required, and there are zero charges on deposits.

In section one, appropriate cryptocurrencies will embody USD-pegged stablecoins Tether (USDT), USD Coin (USDC), and True USD (TUSD), in addition to Bitcoin (BTC) and Ethereum (ETH). Once the time interval has been decided by the consumer, they may begin to earn curiosity with BTSE.

To date, 70% of individuals on BTSE are selecting stablecoins due to the upper yield and extra security in opposition to volatility. This is in comparison with 30% of people who find themselves receiving yield on Bitcoin.

As time goes on, the BTSE group will convey extra functionalities to the desk. The second section of this launch will embody lending and borrowing capabilities to match the spirit and momentum of the DeFi development. BTSE wish to give progress to its neighborhood with Earn in addition to lending. 

Jonathan Leong, co-founder and CEO of BTSE, mentioned: “Cryptocurrency holders like nothing more than earning yield on assets that are otherwise gathering dust in their digital wallets. BTSE’s earn feature is an important milestone in our transformation into a comprehensive digital bank at the juxtaposition of crypto and fiat.”

BTSE acknowledges the expansion of the DeFi house and sees a shift in the direction of lending and borrowing along with Earn. 

Earn options have turn out to be extraordinarily in style parts of a number of high cryptocurrency platforms, offering a method by which asset-holders can earn passive earnings from their crypto portfolio. Interest charges are typically far superior to these supplied by conventional monetary establishments.

About BTSE

Founded in 2018 and powered by a customized constructed from the bottom up matching engine, BTSE brings institutional-grade buying and selling know-how to the world of cryptocurrency. The platform acts as a bridge between the present monetary system and the digital cash of tomorrow. BTSE is able to dealing with over 1,000,000 order requests per seconds and shops 99.9% of buyer funds in chilly storage. Built by merchants for merchants, BTSE Exchange gives a collection of monetary companies which lengthen the capabilities of digital property together with asset administration, alternate, OTC, lending, debit card, white labeling, and defi.

Learn extra: https://www.btse.com/

Contacts

Senior Marketing Specialist

• Hai Ho
• BTSE
• Marketing@BTSE.com

Singapore, Singapore, 17th February, 2021, // ChainWire //

99Bitcoins, an academic web site that maintains a listing of Bitcoin obituaries made by the media, has taken over the Dead Coins venture as effectively. This transfer successfully crowns 99Bitcoins as “The undertaker of the cryptoverse”.

Deadcoins.com was established in late 2017 to doc the dying of hundreds of altcoins that popped up throughout the cryptocurrency mania of that point. The thought was easy – create a listing of cash which have ceased to exist after the hype died down.

A coin can develop into “dead” attributable to a wide range of causes corresponding to its improvement being halted, having nobody that makes use of or trades it, being uncovered as a rip-off and extra. While the venture was initially maintained solely by its founders, it was later outsourced to the cryptocurrency neighborhood which was allowed so as to add their very own lifeless cash.

“I think the dead coins project is a brilliant idea that needs a bit of polishing” says Ofir Beigel, proprietor and founding father of 99Bitcoins. “The undeniable fact that anybody can add a lifeless coin themselves made the record of cash very inaccurate. We’ve spent days going by way of the entire record and sifted out all the cash that have been buried alive, so to talk. For instance, Bitcoin, Tron, Dogecoin and Tether are simply among the cash that have been listed after we took over the venture.״

“I think the community sometimes mistakes a shitcoin for a dead coin.” Ofir provides “We’ve put clear death indicators in place so it would be easy for us to decide whether a coin is actually dead or not. This way we still use the community’s input, but we make sure it goes through another filter to verify the submission’s accuracy”.

In the longer term, the venture is deliberate to routinely add cash to the record by way of the usage of APIs to index websites corresponding to CoinGecko and CoinMarketCap. With the newest rise within the cryptocurrency market, it appears solely logical that lots of new submissions are coming its means as soon as the hype dies down. 

Contacts

CEO

• Zsofia Elek
• 99 Coins LTD
• zsofia@99bitcoins.com

Singapore, Singapore, 17th February, 2021, // ChainWire //

99Bitcoins, an academic web site that maintains a listing of Bitcoin obituaries made by the media, has taken over the Dead Coins challenge as nicely. This transfer successfully crowns 99Bitcoins as “The undertaker of the cryptoverse”.

Deadcoins.com was established in late 2017 to doc the demise of hundreds of altcoins that popped up throughout the cryptocurrency mania of that point. The concept was easy – create a listing of cash which have ceased to exist after the hype died down.

A coin can grow to be “dead” resulting from quite a lot of causes equivalent to its growth being halted, having nobody that makes use of or trades it, being uncovered as a rip-off and extra. While the challenge was initially maintained solely by its founders, it was later outsourced to the cryptocurrency group which was allowed so as to add their very own useless cash.

“I think the dead coins project is a brilliant idea that needs a bit of polishing” says Ofir Beigel, proprietor and founding father of 99Bitcoins. “The undeniable fact that anybody can add a useless coin themselves made the record of cash very inaccurate. We’ve spent days going by means of the whole record and sifted out all the cash that have been buried alive, so to talk. For instance, Bitcoin, Tron, Dogecoin and Tether are simply a number of the cash that have been listed after we took over the challenge.״

“I think the community sometimes mistakes a shitcoin for a dead coin.” Ofir provides “We’ve put clear death indicators in place so it would be easy for us to decide whether a coin is actually dead or not. This way we still use the community’s input, but we make sure it goes through another filter to verify the submission’s accuracy”.

In the longer term, the challenge is deliberate to routinely add cash to the record by means of using APIs to index websites equivalent to CoinGecko and CoinMarketCap. With the most recent rise within the cryptocurrency market, it appears solely logical that quite a lot of new submissions are coming its means as soon as the hype dies down. 

Contacts

CEO

• Zsofia Elek
• 99 Coins LTD
• zsofia@99bitcoins.com

Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain options firm primarily based in Hong Kong, has introduced the itemizing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency change on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, permits straightforward minting of digital objects into NFTs whereas additionally offering a market the place anybody can securely commerce NFTs.

The Xeno NFT Hub undertaking crew contains former members of the expertise undertaking Yosemite X primarily based in San Francisco and professionals similar to Gabby Dizon who’s a video games trade knowledgeable and NFT area influencer primarily based in Southeast Asia.

NFT(Non-Fungible Token) expertise has just lately gained big focus within the blockchain area and past, making waves within the on-line gaming sector, the artwork world, and the digital copyrights trade lately. The strongest characteristic of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens similar to Bitcoin or Ether, NFTs aren’t interchangeable for different tokens of the identical kind however as an alternative every NFT has a singular worth and particular data that can not be changed. This truth makes NFTs the proper resolution to file and show possession of digital and real-world objects like artworks, recreation objects, limited-edition collectibles, and extra.

NFTs are already being actively traded in markets globally. For instance, one of many largest working marketplaces ‘Opensea’, just lately recorded roughly US$120,000 in day by day common commerce quantity (DappRadar) and the entire quantity of NFT primarily based artworks reached $US8.2 million in December 2020. This determine is 3.5 instances increased than the earlier file set in November 2020 (Coindesk).

Hong Kong primarily based Xeno Holdings has determined to initially goal South Korea as a significant market due to South Korea’s historical past of quick adoption for brand spanking new applied sciences and the success price for providers and merchandise primarily based on these new applied sciences to achieve a powerful foothold within the market. “We chose the South Korean market as our primary launchpoint to accelerate integration and expansion of the Xeno NFT Hub into various traditional industries. We are forging strong partnerships with high valued fashion brands, online games developers, and entertainment companies to build new lines of NFT products.” mentioned the Xeno crew.

Contacts

Head of PR

• Kate Wilson
• Xeno Holdings Limited
• pr@xno.change

Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will present a crypto-powered digital gadgets and collectables buying and selling platform permitting customers to create, purchase, and promote NFTs. Additionally it’s going to assist public sale based mostly listings, governance and voting mechanisms, commerce historical past monitoring, person score and different superior options.

As a primary step in the direction of its totally complete service, XENO NFT Hub launched a latest VIP service to pick out customers and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, mentioned XENO NFT Hub president Anthony Di Franco.

He additionally added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon defined, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been thought of by many as one of the vital well-known silkscreen artists due to using vivid colours in his items. However, he has additionally been identified extra just lately for his modern works utilizing laser and hologram know-how. He is acknowledged as a pioneer of latest laser artwork. Some of his most well-known works embrace, ‘Dreams of Disney’ and ‘Restoring of Mercedes-Benz’.

“Now through the power of blockchain and its application in NFT technology, Mr. Yamagata’s works are immortalized into an immutable public ledger. That is a very powerful thing for both artists and art collectors alike”, Mr. Di Franco added.

One of a very powerful components within the artwork world is provenance and the historical past and context of each the artist and the art work itself. Now by using blockchain, there’s a full and totally clear historical past of the art work’s lifespan beginning on the artist and ending at present proprietor. NFTs deliver unprecedented possession and historic accuracy with ensures that can not be supplied elsewhere.

“The NFT market is still young, but many like Mr. Yamagata, have expressed interest in using this new medium to reach a new market and bring value to their existing clients. There is a growing movement of individuals and businesses that have a purchasing appetite for these unique digital assets”, continued Mr Dizon.

XENO’s VIP service commenced with Mr Yamagata’s (and different digital gadgets) listed in public sale and direct sale codecs with nice success and constructive suggestions from customers. It is seeking to roll out a wider Closed Beta within the close to future whereas ramping up for a full Public Beta launch by itself community in June 2021.
 

Contacts

Head of Promotion

• Kate Wilson
• XENO Holdings Limited
• pr@xno.alternate

Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is comfortable to announce the issuance of MCH Coin as an incentive to gamers within the My Crypto Heroes ecosystem, aiming to permit them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based recreation for PC and Mobile. It permits customers to gather historic heroes and lift them for battle in a Crypto World. Officially launched on November 30th, 2018, MCH has recorded essentially the most transactions and each day lively customers than another blockchain recreation on the planet.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance started on November ninth, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allotted to a pay for on-going growth and as rewards for advisors and early traders. 10% are allotted to advertising and marketing and the expansion of the ecosystem, and 50% are allotted to the group. The Distribution Ratio of the MCH Coin is topic to alter by way of a governance choice.

The MCH coin shall be used as a voting proper as a part of the ecosystem’s governance, with 1 coin being 1 vote. It may also be used for in-game utilities and funds. Additional info might be discovered right here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the primary governance proposals shall be uploaded for customers to vote on.

My Crypto Heroes can also be comfortable to announce incentives campaigns in celebration of the launch. Up to December 1st customers are in a position to obtain advantages for buying the GUM token getting used within the MCH ecosystem, and to search out Legendary heroes of the very best rarity on sale as properly. More info might be discovered right here: https://medium.com/mycryptoheroes/mchcoin-launchcampaign-en-6e02fa83b5c3

About My Crypto Heroes

My Crypto Heroes is a blockchain-based recreation for PC and Mobile. It permits customers to gather historic heroes and lift them for battle in a Crypto World. Officially launched on November 30th, 2018, MCH has recorded essentially the most transactions and each day lively customers than another blockchain recreation on the planet.

For extra info please go to: https://mycryptoheroes.net/ 

Follow us on Twitter and Medium. 

Contacts

Marketing

• Kengo Masuyama
• double bounce.tokyo
• masuyama@doublejump.tokyo

Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency alternate promotes free buying and selling and no fuel charges for main DeFi tokens

17th November 2020 — Bittrex Global GmbH. introduced today eight new DeFi tokens will probably be listed this week together with:

• UMA (UMA)
• Aave (AAVE)
• Balancer (BAL)
• REN (REN & renBTC)
• Kyber Network (KNC)
• Band Protocol (BAND)
• YF Link – (YFL)

Bittrex Global’s customers can commerce all of their DeFi  tokens with no buying and selling or fuel charges till 2021. The choice to allow free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% development of the DeFi asset class over the course of 2020.

The choice to allow free transactions will see extra traders enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) underneath the Due Diligence Act which requires merchants to adjust to the KYC/AML/CFT requirements.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” stated Bittrex Global’s CEO Tom Albright. “As the asset class matures and extra institutional {and professional} traders take a look at the basics, we’re more likely to see elevated demand and better buying and selling volumes for DeFi in 2021. 

We’re actually enthusiastic about what we’re seeing within the house and wish to see these DeFi tasks develop and assist them construct stronger platforms by elevated adoption. Offering free buying and selling charges on DeFi by the top of the 12 months helps expose these tasks to our tens of millions of customers.”

Bittrex Global at the moment has virtually the entire high DeFi tokens dwell on its alternate for buying and selling free from fuel fees and goals so as to add twelve extra earlier than the 12 months finish.

About Bittrex Global

Bittrex Global has one of the crucial safe buying and selling  platforms and digital pockets infrastructures on the planet the place  prospects can entry thrilling new merchandise.  Built on Bittrex’s  cutting-edge expertise, Bittrex Global offers a high-level  expertise for skilled and novice prospects alike. 

Contacts

• John McLeod
• Bittrex Global
• jmcleod-v@bittrex.li

Singapore, Singapore, ninth November, 2020, // ChainWire //

Swingby is the “warp-speed” protocol for inter-blockchain swaps. It permits all DeFi customers to maneuver belongings between blockchains with no trusted get together. 

Today, Swingby proclaims its first mainnet community shall be launched on the 28th of December; it’s going to bridge native Bitcoins onto Ethereum by way of Wrapped BTC (WBTC).

The preliminary bridge will allow probably the most liquid digital asset on the earth (Bitcoin), presently valued at a $300 billion market cap, to be moved onto the Ethereum community to faucet its $10b DeFi ecosystem.

“This launch will be pivotal to Swingby. After December 28th, Swingby will have a fully operational Chaos-Mainnet network which will be generating a tremendous amount of value to the world of DeFi and bringing in a large number of new users” – Yusaku Senga, CEO

Why is that this large information for DeFi?

On December 28th, Swingby shall be launching its first Chaos-Mainnet bridge, permitting customers to simply transfer their bitcoins into WBTC on Ethereum with out the necessity for a trusted get together. Similarly, the bridge can be utilized in the other way permitting WBTC-ERC20 tokens to be moved again into native BTCs.

What’s so particular about it?

1. Trustless: Swingby’s Skybridge would be the solely solution to trustlessly swap BTC into wrapped Bitcoin (WBTC).
2. Simple to make use of: The Swingby bridge has been designed to work with customary transaction varieties eradicating the necessity for complicated sensible contract calls and permitting the bridge to work with any pockets.
3. Community rewards: Users prepared to offer liquidity and governance to the Swingby bridge shall be rewarded a share of the charges for every swap processed.

Discover the three core use instances of the Bitcoin to Ethereum bridge.

More information is coming!

Leading as much as launch on December 28th, the group shall be saying some key partnerships with initiatives which have helped ship the Chaos-Mainnet bridge and a few further venues that shall be offering liquidity to the SWINGBY token.

To assist unfold consciousness of this occasion, which can change Swingby perpetually, the group shall be internet hosting a collection of Q&As and giveaways for our superhero group.

About Swingby 

Swingby Labs was launched in Singapore in 2018 by a bunch of crypto lovers becoming a member of forces to make the instruments to attach Bitcoin with different blockchains.

Swingby’s protocol, Skybridge, builds trustless bridges between BTC, Ethereum, Binance Chain and different blockchains secured by a community of node teams that execute quick token swaps utilizing ‘multi-party computing’ and layer 2 expertise.

Skybridge permits customers to maneuver Bitcoin tokens between the Bitcoin, Ethereum and Binance Chain blockchains with out counting on a central custodian, opening up a complete world of DeFi capabilities comparable to liquidity pooling and DEX buying and selling with simple to make use of UX.

Swingby plans to launch its Ethereum MainNet on december 28th, bringing Bitcoin to an ecosystem which already has $10b in capital locked up in DeFi contracts. Building on thrilling partnerships with initiatives comparable to Elrond, Waves and Kira Protocol, Swingby goals to increase its attain to different chains and initiatives, including help the place probably the most worth could be added.

The Skybridge testnet bridge has transacted over $14 Billion in testnet BTC capital between the Bitcoin and Binance Chain blockchains, and its decentralized expertise has been totally battle examined in reside excessive quantity environments.

Contacts

Chief Executive Officer

• Jacob Plaster
• Swingby
• jacob@swingby.community