Five Projects With Unique Utilities at Pi Hackathon – BSC NEWS

Five Projects With Unique Utilities at Pi Hackathon – BSC NEWS

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Blockchain News

January 16, 2023

Blockchain News

The future looks bright for Pi Network as protocols share unique innovations at Pi Hackathon.

Prospective Projects With Unique Utilities on Pi Network

News about the Pi Network Hackathon has spread across the blockchain space. With over 2500 registered projects, the event continues to attract the best minds in the industry.

Pi Network launched the Hackathon to look for the best innovations across three themes: Social Media, Games & Entertainment, and Consumer Utilities. So far, the event has lived up to expectations, producing numerous projects with unique utilities. Indeed, the future looks bright for Pi Network.

Recently, we explored the GameFi and SocialFi ecosystems, covering the top picks looking to build on Pi Network. Today, we will look at Consumer Utilities, exploring five protocols with unique use cases.

Pi Artwork Marketplace

Pi Artwork Marketplace has an exciting feature. The protocol is an open marketplace and auction house that allows users to purchase in-house artworks.

TaxiTec

TaxiTec is UBER in blockchain. It is a rider application that connects drivers with passengers. Users can perform similar tasks to that of a traditional driver application with the app. From requesting a ride to selecting a pickup location, TaxiTec connects consumer service with blockchain.

With TaxiTec, users would pay for rides using the Pi token, which would be calculated and charged automatically within the application.

PiBook

PiBook is a Decentralized Application (dApp) like Facebook. The platform will be for the PI community, where users can trade PI and interact with a marketplace.

Pi Educenter

Pi Educenter is a dApp where users can access books, articles, documents, and educational materials with PI tokens.

The materials will be available in ebook format, audio format, and video. Content creators and writers will be allowed to register and contribute to the knowledge bank that will be appropriately categorized and organized. In turn, they will earn Pi coins. This will create jobs for the community and increase the demand for Pi.

Pi Academy

Pi Academy is an online academy and learning platform. The protocol will offer courses on Pi project, blockchain technology, and cryptocurrencies. Pioneers will pay for these courses in Pi tokens or learn some for free.

Open the Pi Browser application, click on brainstorm, and check out the numerous projects interested in building on Pi Network’s Mainnet.

What is Pi Network:

Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures not only economic transactions via a mobile meritocracy system but also a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.

Where to find Pi Network:

Website | Twitter | LinkedIn | Facebook | Instagram |

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.

Follow us on Twitter and Instagram!

If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.

Looking for a job in crypto? Check out the CryptoJobsNow listings!

Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.

Author

Utulu Hope

Utulu Hope

Utulu Hope

UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer. He hodls mostly in Ethereum, BNB, and, Avax.

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Blockchain News

TerraCVita Raises $2 Million to Build Luna Classic Ecosystem

January 16, 2023

Small war chest raised for a growing Luna Classic project could be a spark for the resurging ecosystem.

TerraCVita Raise $2M for Luna

TerraCVita has raised $2 million in sales to help support building out the Terra Luna Classic ecosystem, including a new Decentralized Exchange (DEX) called Terraport.

The small war chest now at the disposal of the TerraCVita could prove to be a catalyst in developing new Decentralized Finance (DeFi) platforms on the Luna Classic blockchain. The investment, announced via tweet on January 15, came from recent private sales for the development of the Terraport DEX, and the team expects to host two public sales in the coming five weeks.

We are delighted that over $2m investment has been raised from recent Terraport sales that were mainly reserved for delegators in;@TerracVita @LUNC_Italia
We look forward to 2 public sales over the coming 5 weeks.
Thank you everyone for your kind support and trust in us.❤ pic.twitter.com/HSI3ikDm5C

— TerraCVita (@TerracVita) January 16, 2023

At this time, the project is prioritizing participating delegators in the initial sales. The TerraCVita validator reportedly has 1,728 unique delegates, and the LUNC Comunity Italia has 672 unique delegates, according to SmartStake.

TerraCVita has already released some details about the development of its Terraport DEX, like how it will have its own native reward token, TERRA, instead of using $LUNC. However, there is potential the DEX will have a $LUNC burn mechanism. The team confirmed it will be releasing a white paper soon.

I am looking forward to reading their whitepaper as I have got some concerns on the valuation on the launch Terra token which could mean a sell off like we usually see, being positive and waiting for more details! Wish you guys all the best 🙏

— WSB Trader Rocko 🚀🚀🚀 (@traderrocko) January 16, 2023

TerraCVita has been hyping the new DeFi platform for months since the project released its roadmap and has an expected launch in Q1 2023. Some users on Twitter have called the move a “big moment” for the LUNC and “massive” for the development of the LUNC ecosystem.

The Luna Classic chain has been on a slow recovery from its catastrophic collapse in Spring of 2022. The chain is experiencing a resurgence in recent weeks, exemplified by the chain’s market capitalization eclipsing $1 billion for the first time since the collapse.

What Is Terra Classic (LUNC):

Terra is a blockchain protocol that attempts to use fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship resistance of Bitcoin (BTC) and offers fast and affordable settlements. The original native token — LUNA has also been renamed to LUNA Classic (LUNC). Moreover, all network stablecoins (UST, KRT, EUT) have been renamed to Terra Classic stablecoins (USTC, KRTC, EUTC). There are no Terra stablecoins on the new chain.

Where to find Terra Classic (LUNC):

Website | Twitter | Discord | Telegram | Medium |

What is TerraCVita:

TerraCVita, an independent group dedicated to developing the Terra Classic (LUNC) ecosystem. TerraCVita prides itself in recognizing the value of the whole ecosystem and endeavoring to support and contributes to its many areas. The stated mission of TerraCVita is to bring sustainable life to Terra Classic to maximize its value.

Where to find TerraCVita:

Website | Twitter | Whitepaper | Telegram |

Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.

Follow us on Twitter and Instagram!

If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.

Looking for a job in crypto? Check out the CryptoJobsNow listings!

Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.

Author

Kyle Heise

Kyle Heise

Born and raised in the East Bay of California. He has studied and worked on three continents and lived in seven countries. He holds bags mostly in ETH and stablecoins.

BSC News

Binance Custody Introduces New Off-Chain Settlement Service Binance Mirror

January 16, 2023

Institutional investors will now be able to secure assets for collateral off-chain.

Binance Custody Launches Binance Mirror

Binance Custody has launched Binance Mirror which will allow institutional investors to use and keep assets off-chain for collateralized leveraged positions.

Using Binance Mirror, institutional investors will be able to access trading and investment products from Binance without having to put assets on the exchange, according to the January 16 announcement. The assets will be locked in cold wallet storage as long as customers keep their position open on Binance.

“Through Binance Mirror, institutions lock a specified amount of their asset balance available in their Qualified Wallet, Binance Custody’s cold storage solution, and mirror it onto their Binance Exchange account with a 1:1 balance,” writes the blog.

Binance Mirror will give institutions added security to the assets they use with Binance and eliminate the vulnerabilities that can occur when keeping assets in hot wallets on chain.

Binance confirmed that assets kept on Binance Mirror “account for more than 60% of all assets currently secured on Binance Custody.” The exchange believes this shows that institutions and users are confident in the new off-chain solution.

“Security is a top priority for institutions, who also desire the deep liquidity that the Binance Exchange offers. Binance Mirror brings the best of both worlds,” added Athena Yu, VP of Binance Custody in the blog. “We spent much of last year refining its operations to help our clients unlock the liquidity of their assets held in our cold storage. We’re very excited about where we are today and can’t wait to introduce our upcoming new features that will elevate Binance Mirror’s functionality even further.”

What is Binance Custody:

Binance Custody is a regulated, compliant, institutional-grade custody infrastructure offering integrated custody solutions that are ISO 27001 & 27701 certified and SOC Type 1 & Type 2 attested. Its multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets while also benefiting from its secure gateway to a wide range of liquidity products by way of its connectivity to the Binance ecosystem.

Where to find Binance Custody:

Website | Twitter | Telegram | LinkedIn |

What is Binance:

Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.

Where to find Binance:

Website | Twitter | Discord | Telegram |

Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.

Follow us on Twitter and Instagram!

If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.

Looking for a job in crypto? Check out the CryptoJobsNow listings!

Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.

Author

Kyle Heise

Kyle Heise

Born and raised in the East Bay of California. He has studied and worked on three continents and lived in seven countries. He holds bags mostly in ETH and stablecoins.

Blockchain News

Rice Protocol Unveils New NFT on Core DAO

January 16, 2023

The collection comprises 3000 unique NFTs built on the Core DAO testnet available on Miidas marketplace.

Baby FOX NFT Goes Live

Rice Protocol has unveiled its latest Non-fungible Token (NFT) collection, Baby FOX, on Core DAO.

Baby FOX NFT is the protocol’s first collection on Core DAO (Testnet) and is available on the Miidas multichain NFT marketplace. Rice Protocol shared the launch details on January 15 through Twitter.

Good news for @Coredao_Org users. Rice Protocol officially launched New NFT on @miidasnft (Core Testnet).

Items : 3000 NFT
Price : 5 tCore

Link : https://t.co/EcN1X3coqj

💥 Get free 5 NFTs for 5 people 💥

👉 Retweet + ❤️ + Share
👉 Comment your Core wallet address 📌

— Rice Protocol (@ProtocolRice) January 15, 2023

The collection on Core DAO testnet comprises 3000 digital assets worth 5 tCORE each. Baby FOX NFT is designed to mimic little foxes. Each little fox NFT has unique accessories like eyeglasses, hair, shirt, and more.

Baby FOX NFT was launched by Rice Protocol via a presale held on Miidas launchpad from January 9 to 15. Users who participated in the presale enjoyed numerous benefits, including up to 30% returns on investment in Rice tokens built on Kava Chain.

The latest release on Core DAO testnet also promises to benefit users. As seen in the tweet, the protocol is giving out free NFTs to five lucky winners. Refer to the tweet in this article and visit the Miidas marketplace to purchase Baby FOX NFTs.

What is Core DAO:

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.

Where to find Core DAO:

Website | Docs | Twitter | Discord

Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.

Follow us on Twitter and Instagram!

If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.

Looking for a job in crypto? Check out the CryptoJobsNow listings!

Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.

Author

Utulu Hope

Utulu Hope

UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer. He hodls mostly in Ethereum, BNB, and, Avax.

Blockchain News

5 Bitcoin Mining Companies Pumping in Latest Market Upswing

January 16, 2023

The mini bull-run has extended outside the crypto industry to bitcoin mining companies in the stock market.

Five Bitcoin Mining Projects

The crypto market is experiencing a mini bull run in January 2023. The New Year has treated the markets well, seeing Bitcoin surpass $21,000 for the first time since November 2022.

The green arrows and positive returns have extended outside the crypto markets to bitcoin mining projects. Here we will look at five bitcoin mining projects pushing positive gains in the stock market over the past week between January 9 -16.

1. Riot Platforms

  • Name: Riot Platforms, Inc.
  • Symbol: $RIOT
  • Market Cap: $1 billion
  • Price: $6.39
  • 7-day increase: 26%

2. Marathon

  • Name: Marathon Digital Holdings, Inc.
  • Symbol: $MARA
  • Market Cap: $897 million
  • Price: $8.13
  • 7-day increase: 59%

3. HIVE

  • Name: HIVE Blockchain Technologies Ltd.
  • Symbol: $HIVE
  • Market Cap: $259 million
  • Price: $3.50
  • 7-day increase: 66%

4. Canaan

  • Name: Canaan Inc.
  • Symbol: $CAN
  • Market Cap: $506 million
  • Price: $3.12
  • 7-day increase: 30%

5. Hut 8

  • Name: Hut 8 Mining Corp
  • Symbol: $HUT
  • Market Cap: $310 million
  • Price: $1.74
  • 7-day increase: 65%

Several of the projects listed above have also performed remarkably year-to-day. For example, Hive Blockchain is up over 100%!

As bitcoin mining becomes more difficult and competitive––mining has grown more than 10% since Nov. ‘22–companies have to ramp up their efforts to continue to acquire as much bitcoin as they can.

The source used in this article was Yahoo! Finance.

Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.

Follow us on Twitter and Instagram!

If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.

Looking for a job in crypto? Check out the CryptoJobsNow listings!

Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.

Author

Kyle Heise

Kyle Heise

Born and raised in the East Bay of California. He has studied and worked on three continents and lived in seven countries. He holds bags mostly in ETH and stablecoins.

Blockchain News

Shiba Inu Posts Details of Shibarium Ahead of L2’s ‘Imminent Launch’

January 16, 2023

The launch of the Shibarium testnet is on the near horizon. Shiba Inu developers published details on how the new Ethereum layer-2 blockchain will operate.

Information on Testnet, Validators, Gas, Etc.

Saying the launch of Shibarium is “imminent,” Shiba Inu developers have published details about how the Layer-2 blockchain will operate.

🍖 Introduction to Shibarium: Shiba Inu’s Layer 2 Network — Rejoice #ShibArmy! Shibarium Beta is about to be launched, and through this article we want to introduce some basic concepts in order to provide clarity to the community.

Read more: https://t.co/xWyPaVlQQ4

— Shib (@Shibtoken) January 15, 2023

The blog post again confirms that $BONE will be the gas token for Shibarium, and that transactions will burn $SHIB. Developers also discuss the roles of the new blockchain’s Validators and Delegators and how they will be selected and rewarded with $BONE and the future TREAT token.

“Patience is key, and some see Shibarium as a price pumping tool, but that is not the project’s focus and never has been. Shibarium is being built to fulfill Ryoshi’s vision and provide the community with a tool to build and grow the project on their own terms,” according to the blog.

Shiba developers aren’t yet disclosing the anticipated gas fees on the Ethereum L2 or the expected Transactions Per Second.

Read the post for more details.

What is Shiba Token:

Shiba Token (SHIB) is home to the Shiba Inu Ecosystem, an interconnected family of digital assets and solutions built on the Ethereum blockchain. Its tokens include $SHIB, $LEASH, and $BONE, plus native SHIBOSHIs NFTs. SHIB solutions include SHIB: The Metaverse and the ShibaSwap DEX. SHIB, a world-leading decentralized finance (DeFi) cryptocurrency, has gained popularity among millions of investors worldwide. It has 3.6 million Twitter followers and is frequently ranked as the third most searched project by Google. The Shibarium Layer 2 blockchain enables SHIB to provide increased scalability, security and innovation.

Where to find Shiba Inu:

Website | Twitter | Telegram | Discord

Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.

Follow us on Twitter and Instagram!

If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.

Looking for a job in crypto? Check out the CryptoJobsNow listings!

Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.

Author

Patrick

Patrick

Originally from Texas, Patrick is based in the Cayman Islands. He has a diverse background in journalism. He holds bags mostly in stablecoins.

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