Planetwatch, a French start-up which decentralizes and incentivizes environmental monitoring, announced that its utility token, PLANETS, will be listed on Bitfinex on June 4th. PLANETS are the first Algorand Standard Asset (barring stablecoins) to be supported on a major international exchange.
Claudio Parrinello, PlanetWatch’s CEO said: “This is a major milestone for PlanetWatch. Less than 18 months after company creation, and despite the COVID-19 pandemic, we have managed to demonstrate that our Smart City as a Service solution, based on community sensor deployment and crowdsourced air quality data, can deliver business-grade data feeds in a fast and cost-effective way.”
PlanetWatch revolutionizes the way we measure air quality by using the Algorand Blockchain, IoT-enabled sensors and AI-based data analysis. PlanetWatch incentivizes citizens to operate air quality sensors and earn token rewards for data streams.
Sean Lee, CEO of the Algorand Foundation, said : “We are delighted to see Bitfinex support the PLANETS token. The PlanetWatch team have shown outstanding vision and innovation in creating their “Smart City”aaS concept and choosing to create their utility token ecosystem on Algorand’s sustainable, carbon negative blockchain network. We are excited to see the world discover the amazing potential of crowd sourced air quality monitoring and the PLANETS token.”
PlanetWatch is focusing on air pollution, because it causes over 7 million deaths per year (source: WHO). In addition, recent studies provide evidence linking long-term exposure to air pollution with an increase in mortality from COVID-19 infection, as well as a significant risk of infection via aerosol in indoor spaces, where air quality can be a proxy for infection risks.
PlanetWatch is strongly supported by high-profile partners such as Algorand, the Algorand Foundation and CERN, the leading physics research lab in the world, where the Web was born.
As provider of environmental data, PlanetWatch was naturally led to partner with Algorand which provides a highly scalable, decentralized and secure blockchain which is also one of the “greenest” for energy consumption. As far as CERN is concerned, PlanetWatch is the only company in the global blockchain ecosystem to be an official “CERN Spin-off”.
PlanetWatch’s network is growing very fast. It currently comprises approximately 700 sensors, mostly in Europe and the USA. Based on the current installation pipeline, the 1,000 sensor milestone will be reached in a few weeks.
Source:-https://news.bitcoin.com/planetwatch-announces-the-listing-of-the-planets-token-on-bitfinex-exchange/
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Monday, June 14, 2021
Earn up to 50% APY by Staking $GLQ on GraphLinq App
The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake.
What Is GraphLinq?
GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task.
The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding.
GraphLinq ecosystem currently consists of an engine, an integrated development environment (IDE) & an app to provide automated services all while leveraging centralized/decentralized data streams, several blockchains, and more. Also, recently they partnered with Polygon Network (Previously Matic) on multiple grounds.
About $GLQ Token
GLQ is the native token for the GraphLinq ecosystem built on top of Ethereum (ERC20). It is used to run a graph on the platform’s mainnet to execute different processes over the blockchain to automate tasks, triggering events, and much more. GLQ will be used as the payment method in GraphLinq Marketplace where templates will be bought and sold peer-to-peer. GLQ’s functionality & use cases will continue to diversify as the ecosystem grows, as mentioned in Graphlinq’s Documentation.
All You Need To Know About $GLQ Staking
GraphLinq has finally announced the much-awaited GLQ staking launch on the GraphLinq App, incentivizing the holders of GLQ to earn passive rewards. Upon staking, GLQ holders can earn as much as 50% APY in rewards depending on the unique tier mechanism aimed at incentivizing long-term holders.
Initially, tier rankings are allotted in a decentralized nature as following:
-> First 15% stakers of total stakers will be in Tier 1 and get 50% APY
-> Next 40% stakers will be in Tier 2 and get 25% APY
-> The rest stakers will be in Tier 3 and enjoy a 12.5% APY
The current APY is for a limited period only and would be updated in the near future.
When you stake for the first time, you’ll be in Tier 3 first and then make it onto the higher tiers by holding for longer durations, as the number of stakers increases you can end up in the first 15% or next 40% stakers, increasing your tier rank. Also, stakers/holders in the higher tiers could drop to subsequent lower tiers upon withdrawing their staked GLQ, ultimately rewarding the long-term holders.
To put it simply, the longer you hold, the more your rank is likely to get to the next tier with higher APY. At each withdrawal you will lose your tier advantages, benefitting the holders the most.
The first withdrawal decreases your APY by half (if you’re not on tier 3), and the second will take you back to the last tier with the least APY. However, claiming yielded GLQ will not affect your tier ranks or rewards.
(You can track & claim your staking rewards on the GraphLinq App’s Staking Page in real-time)
Note: The team has mentioned that the current APY of the staking rewards is for a limited time only, and it will be updated from time to time in the near future.
How Can I Buy & Stake My $GLQ in 3 Easy steps?
A step-by-step guide to putting your $GLQ to work to get upto a whopping 50% APY!
Step 1
First make sure to have some $GLQ!
If you’re still looking for a way to get $GLQ, here is how you can secure your bag:
Buy $GLQ on app.graphlinq.io using fiat through any of the following payment methods: SEPA, UPI, IMPS, Faster Payments Bank Transfer, credit & debit cards. For this method, you’ll need to verify your KYC and enter your ERC20 wallet address to receive GLQ.Swap your ETH/ERC20 for $GLQ on Uniswap, 1inch, Metamask wallet.You can also Buy $GLQ on any of these centralized exchanges (CEXs): Kucoin, MXC, Gate.ioVideo Tutorial on How To Buy GLQ: https://youtu.be/_3tOZhBb9zw
Step 2
Connect Your ERC20 Wallet like Metamask, Coinbase Wallet, etc. to GraphLinq App by selecting your desired wallet.
Step 3
Go to the Staking Interface by clicking on “Stake your GLQ” on the top bar or “Staking Interface” on the sidebar.Once you are on the Staking Interface, “Total Staked GLQ”, “My Staked GLQ”, “My Claimable Rewards” and your current Tier Ranking can be seen.Within the staking interface, you can find the option to “Withdraw” your staked GLQ and an option to “Claim Rewards.”But first, you we need to stake some GLQ. To do that, enter your desired GLQ amount to stake in the “Stake Your GLQ” field. After entering the desired figure, click on “Stake now” and approve the contract on your connected wallet. Then after the approval from your wallet, click on “Stake now” again and confirm on your connected wallet in order to complete the staking process.
Source:-https://news.bitcoin.com/earn-up-to-50-apy-by-staking-glq-on-graphlinq-app/
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The Estée Lauder Companies Increases Ownership in DECIEM
The Estée Lauder Companies Inc. (NYSE: EL) announced today that it has completed the first phase of increasing its ownership in DECIEM Beauty Group Inc. (“DECIEM”), the Canadian-based, vertically integrated, multi-brand company. The Estée Lauder Companies (“ELC”) now owns approximately 76% of DECIEM (up from 29%), and has agreed to purchase the remaining interests after a three-year period at a price that will be determined based on the future performance of DECIEM.
Known as “The Abnormal Beauty Company”, DECIEM is an industry disruptor with a consumer-focused approach. It was founded in 2013 by the late Brandon Truaxe, a visionary who set out to change the beauty industry through authenticity and transparency. He developed the company with creativity and innovation alongside Founder, Pasquale Cusano, and Co-Founder, Nicola Kilner, who is continuing as CEO of DECIEM.
DECIEM’s portfolio currently encompasses six brands, including The Ordinary, an internationally popular skin care brand with impressive community- and referral-driven buzz reflecting a deep connection with its global consumer base of skin care devotees.
Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. ELC’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, Tommy Hilfiger, M·A·C, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin Paris, TOM FORD BEAUTY, Smashbox, Ermenegildo Zegna, AERIN, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, BECCA, Too Faced, Dr. Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.
Source:-https://www.elcompanies.com/en/news-and-media/newsroom/press-releases/2021/05-18-2021-210011841
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Crypto E-Commerce Giant Shopping.io Supports eToro Social Impact Non-Profit, GoodDollar
Los Angeles, CA the premier crypto E-commerce platform will donate $50,000 to eToro’s flagship corporate social responsibility project GoodDollar, a non-profit initiative that distributes free crypto-based universal basic income (UBI) as part of its mission to onboard and educate the next billion digital assets users.
Shopping.io’s $50,000 donation will be used to support the blockchain-based fund that sustainably mints and distributes digital basic income every day to more than 250,000 members in over 180 countries. GoodDollar stands apart for its scalable and sustainable approach to generating a crypto-based UBI, that leverages the principles of impact investing to enable financial supporters to earn rewards while using their crypto for good to fund a social project. Shopping.io’s $50,000 donation will be locked in the sustainable donation basic income fund, a smart contract that donates with all earned interest donated back to beneficiaries as basic income. This makes Shopping.io’s one-time gift a “sustainable donation” that will be used to create digital basic income, in crypto-asset GoodDollar (G$), for forever. Shopping.io is the first company to make a philanthropic donation to support the GoodDollar protocol: all funds will be used to fortify the basic income fund that benefits GoodDollar members, and not for operational expenses.
Starting June 4th, GoodDollar members will also be able to spend their G$ tokens on Shopping.io’s E-commerce platform and make Amazon (US, UK, CA + DE), Ebay, and Walmart purchases using them. Through Shopping.io, GoodDollar members will now be able to use their GoodDollar tokens to shop for basic necessities and everyday items, marking a key milestone for the project and its members. Now, those who benefit the most from GoodDollar’s daily UBI distribution can spend their GoodDollars on toilet paper, toothpaste, emergency supplies, etc. on Shopping.io’s platform. The GoodDollar and Shopping.io collaboration has multiple synergies, with the $50,000 donation used to mint more GoodDollars, which then can be used on Shopping.io’s platform.
“We are honored that the team at Shopping.io has recognized the critical role GoodDollar plays in advancing the digital assets market and onboarding millions of new users to digital assets who otherwise would be left behind. We are gratified by their generous donation, which will be used to fund free digital currency for generations to come,” said Yoni Assia, GoodDollar Founder and co-founder and CEO of eToro.com. “My hope is that it inspires other crypto-philanthropists, entrepreneurs and companies to use their crypto to advance more economic empowerment for all,” he said.
The collaboration offers Shopping.io a unique introduction to the larger ecosystem of eToro and its customers, while doing good for GoodDollar’s members and the digital asset ecosystem at large. “We loved what GoodDollar was doing and wanted to help in any way we could, so we decided on this impact-driven model which I believe will bring a lot of benefit to both sides,” said Arbel Arif, Founder and CEO of Shopping.io.
With a shared vision that e-commerce and consumption are critical pathways to drive crypto adoption towards the mainstream, Shopping.io and GoodDollar are thrilled to announce this partnership which has the potential to financially benefit the spending power of millions across the globe.
About GoodDollar
GoodDollar.org is a non-profit initiative driven to advance financial education and empowerment through free distribution of cryptocurrency. It does this via advancing the GoodDollar protocol, which uses free market forces to create a sustainable and scalable framework for a crypto-based universal basic income. Through creating a free, easy-to-access stream of digital currency GoodDollar offers real people a low-risk and free way to begin to experiment and benefit from digital assets. The project was founded by Yoni Assia, the co-founder and CEO of eToro, the social investment platform with over 20 million registered users. eToro has financed the GoodDollar project as part of its corporate social responsibility initiatives.
About Shopping.io
Shopping.io is the first INTERNATIONAL crypto E-commerce onboarding and fulfillment service. We are the bridge behind crypto and retail. Have the freedom in how you pay when you shop online using your favorite crypto currencies on the Shopping.io platform. We are the only company in Crypto that allows you to purchase from major e-commerce hubs on a global scale while revolutionizing how you purchase online with your Crypto. We believe in the power of giving the Crypto industry absolute freedom when it comes to E-commerce. Have the power to choose how you spend your Crypto with Shopping.io.
To enjoy discounts and free international shipping you can purchase with Shopping.io native tokens $SPI and $GSPI. Both $SPI and $GSPI are utility tokens. https://beta.shopping.io/foundation
This partnership marks a huge step forward between Shopping.io and the eToro ecosystem as we look forward to paying it forward to men and women in need worldwide.
Source:-https://news.bitcoin.com/crypto-e-commerce-giant-shopping-io-supports-etoro-social-impact-non-profit-gooddollar/
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Embedded Technology Convention World Series Launches!
Multi award-winning exhibition organizer PRYSM Group are delighted to launch the Embedded Technology Convention World Series taking place in Singapore and Las Vegas next year!
The Embedded Technology Convention World Series has launched in Singapore and Las Vegas, bringing together experts from across the Embedded Systems and Technology Industry for two days. Our vision is to provide a platform to discover the latest products and services and provide the opportunity for individuals to develop professionally from the unrivaled educational content available.
The global Embedded Technology Industry is valued at over 214billion USD and with companies’ requirements to implement ground-breaking systems to elevate their offerings ahead of the competition. The Embedded Technology Convention World Series is the perfect opportunity for manufacturers and distributors to re-engage with customers and grow their profitability.
With confirmed speakers from Google, AWS, PICMG and Samtec all sharing their insights into the industry and showcasing the initiatives needed to create incredible solutions, plus over 100 educational seminars, the show promises to inspire and educate the embedded industry.
Event Director Luke Lubega said “The Embedded Technology Convention is set to be the ultimate showcase of the Embedded Systems and Technology Industry across the American and APAC markets. By listening to the industry and immersing ourselves with the requirements of both the individual and the organisation, we’re curating a show which will be a feature of the industry for many years”
Source:-https://cryptonews.com/news/embedded-technology-convention-world-series-launches-10570.htm
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Friday, June 11, 2021
Police dragnet becomes intense in Kuwait to ensnare former assistant undersecretary at the Ministry of Interior, former Bangladeshi MP and French-Syrian fugitive on charges of bribery and human trafficking
Corruption is one of the biggest problems faced by any surviving country in the world. Today, bribes have become a common practice and government officials have turned against their own people, exploiting them by promising foreign residency and employment. A similar tragedy befell on Kuwaiti bidoons or stateless residents, and common Bangladeshi workers.
However, with the onset of the COVID-19 pandemic, the public pressure has greatly increased in Kuwait to address the problem of corruption in the stateless resident and migrant labor residency programs run by the Kuwaiti government. In 2020, Kuwait’s Ministry of Interior launched a campaign and convicted the three most wanted officials, namely Mazen Al-Jarrah Al-Sabah – former assistant undersecretary at the Ministry of Interiors, Shahid Islam – former Bangladeshi MP, and Bashar Kiwan – French-Syrian fugitive, on the grounds of bribery and human trafficking. Moreover, this entire controversy even involved paying large funds to government officials in order to issue Kuwait Article 17, which are temporary documents that do not confer nationality, and Comoros Islands Passports for Kuwait’s bidoon residents, also commonly known as stateless residents.
Kuwait’s Ministry of Interior revealed that approximately 17,000 bidoon or stateless residents had been tricked into paying 3,000 dinars, equaling to $9,770, each in bribes between 2014 and 2018, in order to obtain Article 17 documents and Comoros Islands’ passports. When the case was properly investigated, the Assistant Undersecretary of the Ministry of Interiors General Sheikh Mazen Al-Jarrah Al-Sabah was also found guilty and was arrested for accepting bribes.
However, the mastermind behind this entire plan was the man named Basheer Kiwan, now a Syrian-French fugitive who is wanted for multiple cases, including human trafficking, money laundering, and racketeering for defrauding Kuwaiti bidoon residents. Basheer promoted a parallel scheme through which he promised 3,000 bidoon or stateless residents passports for Comoros Islands for a nominal fee of 2,000 dinars each. Obviously, the passports were never issued to anyone who has paid the fees.
Because of this fraudulent scheme, Basheer Kiwan has also been separately indicted in the Comoros Islands, alongside its former President Ahmed Sambi, who is also known to be a partaker in this scheme. Former President Ahmed Sambi not only helped Basheer implement the scheme, but also defrauded the Comorian government in a broader passport sales scheme which siphoned up to $200 million from the government.
In another similar case, Assistant Undersecretary of the Ministry of Interior General Sheikh Mazen Al-Jarrah Al-Sabah, and the former Bangladeshi MP Shahid Islam was convicted and charged on the grounds of money laundering and human trafficking. In this case too, common Bangladeshi workers were exploited and tricked into paying fees in exchange for facilitating residency in Kuwait. However, the fees paid by the Bangladeshi workers could only fund bribes and serve as gifts for Kuwaiti Government officials.
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SOLANAX: FASTEST Decentralized Exchange Built on Solana Blockchain
Solanax is a new DeFi protocol built on top of the Solana network that will catapult Decentralized Finances to unprecedented performance levels. As a decentralized and non-custodial automated pool-based liquidity mechanism supporting trades within the Solana ecosystem, Solanax is looking to revolutionize DeFi. The Ethereum main-net proof-of-work (PoW) consensus design flaws are no longer news, as they have stifled Ethereum's growth for a long time. For example, Ethereum's 15 transactions per second are far too sluggish, resulting in record-high transaction fees.
Its trustless token swaps, trading, and more significantly reorientation of the crypto world towards Solana. Solanax is destined to become a vital asset exchange community platform.
SOLANAX does not have an order book because we remove all intermediaries, complexity, and time-consuming procedures from the equation, giving users the freedom to trade without fear of censorship or losing ownership of their assets.
In summary, Solanax has the following features:
*
Users have complete controlNext-level liquidityFriction-less yieldLight-speed swapsDeFi is faster, cheaper, and more powerful.
The project's goals
* Utilize a blockchain to bring DeFi even closer to people, hence allowing it to scale even better.
* Make financial tools more accessible to the general public.
* Make it faster to cut cost on gas fee, hence cheaper
* Build an interface that allows people to create a comfortable trading environment (limit orders; alerts; and more).
* A central order book provides liquidity access across the ecosystem, so individuals are not reliant on a single source of liquidity.
*
Incentives for early adopters
The first beneficiary of the project is early adopters, who will be rewarded with platform incentives, with 40% of their total token supply allotted to them. The platform does not charge any fees. Stakeholders of the $SOLD Token will get all swap trading fees (0.2 percent from the maker and 0.3 percent from the taker). So, as expected, a large community popped up around Solanax on Sunday as soon as private sales were revealed!
Why Solana?
Solana blockchain has increasingly become the blockchain of choice for newly launched projects. As such, the company has re-evaluated its strategies and now expanding its capacity to accommodate the rising demand for faster blockchain services. The blockchain aims to be the go-to network for decentralised applications, that’s according to sources at Solana. Over time, it’s looking to effectively compete or even surpass the market leader, Ethereum.
Solana blockchain uses a new method of verifying transactions, proof of history (PoH), to solve the scalability and speed issues that have been problematic to its predecessors, Bitcoin and Ethereum. Scalability is one of the most challenging aspects of blockchain technology to overcome. As these networks expand, they frequently encounter transaction speed and confirmation time constraints, which consequently leads to a high cost of transactions. Through PoH, Solana can handle thousands of transactions per second, with significantly cheaper transaction fees. Solana attempts to achieve these by maintaining security and decentralization.
The Significance of Solana to DeFi Projects
DeFi technologies are meant to increase financial access to the increasingly capitalistic society. These technologies will continue to improve the lives of many people on the other side of the world who previously lacked access to financial instruments that would have allowed them to compete in a capitalistic world. Investing in a future where everyone is more equal is a no-brainer.
We believe that Solana will be a significant player in the crypto space. A vast percentage of people are still unaware of the Solana blockchain. On the other hand, the team behind Solana is discreetly warping the crypto environment with new financial possibilities. Solana has piqued our interest, and we've collected a group of crypto professionals from around the world to collaborate on the Solanax Project. The Bunker of Global Decentralized Finance.
SOLDonomics
Total Supply: 80 000 000 SOLD Tokens
Private Sale: Total available supply - 10,000,000 SOLDPeriod: 06/06/2021 - 25/06/2021Token price - 0.1 USD with 3months vesting period;Token price - 0.15 USD w/o vesting period;
Initial Exchange Offering: Total available supply - 10,000,000 SOLDRound 1: 28/06/2021 - 05/07/2021 | 0.20 USD | Available supply: 5,000,000 SOLDRound 2: 08/07/2021 - 13/07/2021 | 0.25 USD | Available supply: 3,000,000 SOLDRound 3: 16/07/2021 - 19/07/2021 | 0.30 USD | Available supply: 2,000,000 SOLD
Source:-https://cryptonews.com/news/solanax-fastest-decentralized-exchange-built-on-solana-block-10615.htm
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