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The Algorand Foundation, a Singapore-based blockchain organization supporting the development of the Algorand ecosystem, has partnered with the Blockchain Association Singapore to drive the development of blockchain technology in Singapore and the wider Southeast Asia region. Fast facts In a memorandum of understanding signed on Nov. 12, the ecosystem partnership will
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Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has $200 million available for its task, is composed of contributions coming from Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows
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Justin Sun’s Tron Foundation has joined with APENFT, a non-fungible token (NFT) marketplace, to launch a $100 million fund to support NFT projects and digital artists.The Art Dream fund aims to collect “meaningful stories and catalyze financial and cultural inclusion in the metaverse,” said APENFT, which operates on the Tron
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At a virtual event on Wednesday, EOS Foundation CEO Yves La Rose claimed that “EOS as it stands is a failure,” according to a transcript of prepared remarks viewed by CryptoX.In the speech, Rose weighed in on the past and future of the EOS blockchain protocol, saying that the project’s
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Launched on the Ethereum network, the LABEL platform has one of the most original governance and incentive mechanisms in the crypto space. Set out to revolutionize the Massive Open Online Course (MOOC) industry with a blockchain-based entertainment-education platform, it has gathered support from major partners. Per an announcement by the LABEL
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press release PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major interest from top investors and venture capitalists
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Founding members and affiliates include consultancy Accenture, decentralized finance protocol Avalanche, blockchain developer Billon Group, IT and business consulting firm CGI Group, cryptocurrencies Electroneum, Quant and digital-payment service Ripple. Source
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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In brief New NFT project, BitColors, wants to give users the ability to own and trade colors as NFT tokens. Just like with CryptoPunks, early adopters may be in for some massive ROI. NFTs are still such a big deal Following Beeple’s $69.3 million NFT sales in March, the digital art market appears to
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The Avalanche Foundation has announced a significant $230M investment from a venture capital group spearheaded by Polychain and Three Arrows Capital for the purpose of supporting the growth of the DeFi ecosystem and their ever-expanding list of applications that utilize the blockchain.Since launching in September 2020, Avalanche has cultivated a burgeoning
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