Blockchain

BEAM And Chiliz (CHZ) Retain Gains Amid Market Correction While NuggetRush Emerges As New Market Sensation

Published

5 months ago

June 12, 2024

Coin2049 Newsletter

TLDR

Investors are impressed with Beam’s February recovery.
Chiliz (CHZ) has also jumped to the $0.10 range.
NuggetRush (NUGX) has sold nearly 200 million tokens as its presale glory continues.

Beam has launched its bridge to Ethereum. Paris Saint Germain (PSG) has joined Chiliz as a validator.

NuggetRush (NUGX) has also gone a step closer towards launching its mining game after selling over 199 million tokens. Its mining adventures will offer gold rewards to gamers once it goes live. Yet, can NUGX join the best cryptocurrency investments of 2024? Let’s discuss.

>> Buy NuggetRush Now <<

BeamPrivacy Records February Surge

Beam has enjoyed increased investor sentiment in mid-February, continuing its late 2023 surge. Like many top altcoins that rallied at the end of 2023, Beam recorded a price decline in January.

However, Beam has now recovered amid increased interest in its privacy tokens. BEAM traded at $0.09929 on January 15. It jumped by 3.9% to $0.1032 on February 9. BEAM fell by 5.4% to $0.09756 on February 12 before jumping by 14.5% to $0.1118 on February 23.

Analysts expect a jump in Beam’s services following the launch of its bridge to the Ethereum ecosystem. The bridge would enable smooth cross-chain transactions between both networks.

Furthermore, demand for privacy coins is rising, as evidenced by Litecoin’s launch of Mimblewimble. Such demand could increase FOMO around BEAM, potentially pushing its price up by 34.9% to $0.1509.

Chiliz Partners with PSG Soccer Team

Chiliz (CHZ) has announced that Paris Saint-Germain (PSG), a French soccer club, would join its network. PSG would become a validator on the Chiliz chain. Furthermore, PSG announced that it would spend its revenue from validating Chiliz on buying fan tokens. The move represents Chiliz’s (CHZ) plans for network expansion.

The excitement around the news could boost CHZ’s recent performance. CHZ traded at $0.07759 on January 8. Over two weeks later, CHZ jumped by 38.9% to $0.1078 on January 25. CHZ fell by 7.9% to $0.09923 on February 5 before a 27.1% increase to $0.1262.

Chiliz (CHZ) could jump further due to plans for its Tokenomics 2.0 model. The upgraded tokenomics model would include a gradual decline in its annual inflation rate and a perpetual token burn mechanism.

Increased token burns could boost demand for Chiliz, thus pushing CHZ’s value up by 23.2% to $0.1555. Furthermore, such price increase would boost its standing among other altcoins.

Experts Reveal Bewilderment as NuggetRush’s Presale Reaches New Highs

NuggetRush’s (NUGX) combination of valuable gaming rewards and challenging mining experiences will soon be available for crypto gamers. When it launches, gamers will easily set up mining gigs in its ecosystem, earning high-value rewards.

A key aspect of the gameplay on NuggetRush (NUGX) is equipping yourself to have a mining operation. This involves the purchase of machinery and workers from the game’s marketplace. Skillful selection of game assets is necessary. Characters possess different levels of skill, luck, and rarity.

NuggetRush’s (NUGX) NFT assets are also part of the valuable financial collectibles in the game. You can sell your NFT avatars to other gamers, earning money for your game collectibles. Players can also reap up to 20% APY if they stake their NuggetRush (NUGX) NFTs for a fixed period.

NuggetRush (NUGX) could be about to eclipse many other gaming altcoins. Its blockchain ICO has sold nearly 200 million NUGX tokens despite being less than two months away from the project’s official launch. Decentralized exchanges will list NUGX after a value pump to $0.020, a 5.2% increase from its current value of $0.019.

Visit NuggetRush Presale Website

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Blockchain

Bangkok to host Open AGI Summit and DevCon Conference to promote ethical AI development

Published

3 weeks ago

October 31, 2024

Coin2049 Newsletter

Bankok to host Open AGI Summit and DevCon Conference to promote ethical AI development

Bangkok will host the Open AGI Summit on November 13 alongside DevCon 2024.
The summit focuses on ethical AI development through decentralized governance models.
Prominent speakers include Pramod Viswanath and Sandeep Nailwal from leading firms.

Bangkok is set to be the epicenter of innovation as it hosts the Open AGI Summit on November 13, 2024, in conjunction with DevCon, a major blockchain developer conference.

These unique events aim to explore the intersection of Artificial General Intelligence (AGI) and decentralized technologies, fostering dialogue about the ethical implications of AI in a rapidly evolving digital landscape.

Supported by flagship partners including Google Cloud, Sentient, Polygon Labs, and SCB 10X|SCBX, the Open AGI Summit promises to engage both AI and blockchain communities.

All eyes on the Open AGI Summit

As the world advances toward AGI, concerns about centralized control and potential societal risks are becoming increasingly prominent. The Open AGI Summit seeks to address these anxieties by examining how decentralized, blockchain-based governance models can lead to safer and more transparent AI development.

By emphasizing collaboration and ethical dimensions, the summit aspires to ensure that AGI serves as a tool for universal benefit and prosperity.

The summit will feature prominent voices from the fields of AI, blockchain, and web3, including Pramod Viswanath, a professor of engineering at Princeton University, and Sandeep Nailwal, co-founder of Polygon.

Nailwal highlights the critical decision society faces: to allow a handful of corporations to dominate AI technology or to embrace a future where AI is open, transparent, and accessible to all. He asserts that blockchain technology can ensure the equitable distribution of AI benefits, guided by collective values.

Discussions at the summit will cover essential topics, including advancements in AI safety research, decentralized governance structures, and ethical considerations in AI development.

Attendees can expect a deep dive into the innovative synergy between AI and blockchain, emphasizing emerging applications that could redefine industries.

Ultimately, the Open AGI Summit aims to bridge the gap between academia, industry, and the decentralized AI community, fostering collaboration towards responsible AGI development.

This convergence is essential for ensuring that AI technologies are built with a commitment to ethical principles and societal benefit, marking a significant step toward a safe and beneficial future for AGI.

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Blockchain

Bankok to host Open AGI Summit and DevCon Conference to promote ethical AI development

Published

3 weeks ago

October 31, 2024

Coin2049 Newsletter

Bangkok will host the Open AGI Summit on November 13 alongside DevCon 2024.
The summit focuses on ethical AI development through decentralized governance models.
Prominent speakers include Pramod Viswanath and Sandeep Nailwal from leading firms.

Bangkok is set to be the epicenter of innovation as it hosts the Open AGI Summit on November 13, 2024, in conjunction with DevCon, a major blockchain developer conference.

Supported by flagship partners including Google Cloud, Sentient, Polygon Labs, and SCB 10X|SCBX, the Open AGI Summit promises to engage both AI and blockchain communities.

All eyes on the Open AGI Summit

By emphasizing collaboration and ethical dimensions, the summit aspires to ensure that AGI serves as a tool for universal benefit and prosperity.

Discussions at the summit will cover essential topics, including advancements in AI safety research, decentralized governance structures, and ethical considerations in AI development.

Attendees can expect a deep dive into the innovative synergy between AI and blockchain, emphasizing emerging applications that could redefine industries.

Ultimately, the Open AGI Summit aims to bridge the gap between academia, industry, and the decentralized AI community, fostering collaboration towards responsible AGI development.

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Blockchain

A Blockchain Platform for Real-World Asset Digitization Officially Launches Mainnet

Published

3 weeks ago

October 31, 2024

Coin2049 Newsletter

LocaChain, the pioneering blockchain platform designed for the digitization and management of tangible assets, has officially launched its mainnet. This marks a significant leap in blockchain technology with applications spanning various sectors, including real estate, bonds, and other high-value assets. LocaChain aims to build a complete ecosystem focused on advanced, sustainable solutions to meet global economic development needs through tokenized assets.

Revolutionizing Real-World Asset Management

With its mainnet platform, LocaChain offers a secure, scalable, and efficient infrastructure that facilitates the digitization and management of tangible assets like real estate and bonds. This allows for fast and transparent transactions, enabling investors and businesses to save both time and costs. Asset tokenization provides superior asset management solutions with transparency and traceability, building strong trust among all participants.

Key Features of LocaChain

Beyond asset management, LocaChain offers a diverse suite of features, positioning the platform as a comprehensive solution for businesses, developers, and users. LocaChain’s core functionalities include:

Core Infrastructure & Application Development

DApp Development: LocaChain supports an environment for decentralized application (DApp) development, enabling businesses and developers to create real-world blockchain applications across various sectors.
Wallet Integration: Securely store and manage assets on LocaChain.
Token and NFT Transactions: Smooth token and NFT exchanges within the ecosystem.

User Engagement & Social Features

SocialFi Integration: Adds social finance features to enhance user engagement on LocaChain.

Asset Management & Product Traceability

Real-World Asset Digitization: Tokenize high-value assets such as real estate and bonds for secure and efficient management.
Product Traceability: Provides end-to-end product traceability, ensuring the reliability and authenticity of goods across various industries.
NFT Vouchers: Businesses can issue and manage NFT-based vouchers, offering a dynamic, digital way to reward customers and build flexible loyalty programs.

Marketplace & Transactional Features

NFT Marketplace: Integrates an NFT marketplace where users can trade digital assets using LCG as the main token and LCC as the gas fee.
E-commerce and Auction Applications: Supports e-commerce and auction platforms, enabling businesses to list, sell, and manage products transparently on the blockchain for enhanced transaction credibility.

Advanced Token & Financial Tools

Multisend Token Feature via TrustKeys: Facilitates multi-token transfers, allowing users to efficiently distribute tokens to multiple recipients.
Multi-Token Staking: Users can stake various tokens within the LocaChain ecosystem to earn rewards.
Bridge to BSC: Provides a bridge for seamless asset transfers between LocaChain and Binance Smart Chain (BSC), enhancing interoperability with decentralized financial services.
Crypto Payment Gateway: Supports integrated crypto payment gateways, allowing businesses to accept cryptocurrency payments and optimizing global transactions in a digital-first economy.

LocaChain in LocaGo Ecosystem

LocaChain serves as the blockchain backbone of the LocaGo ecosystem, designed to connect users and businesses through blockchain and AI technology. The LocaGo ecosystem encompasses multiple applications to enhance interaction between businesses and customers while increasing community engagement in real-world economic activities.

With its mainnet launch, LocaChain goes beyond asset management to become a vital part of a comprehensive digital ecosystem, offering optimal solutions for businesses and users in managing tangible assets and conducting transparent transactions.

For more details on LocaChain and LocaGo ecosystem, please visit the official website at https://locachain.io.

Contact

For media inquiries, partnerships, or further details, please contact:

LocaGo Media Relations