Tag Archives: DeFi

MRHB DeFi Gets Support Down Under from Blockchain Australia

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Melbourne, Australia, Oct 21, 2021 -/DailyVoice/- In a move set to broaden the appeal of decentralized Islamic Finance down under, ethical and faith-based MRHB DeFi has been backed by Australian Institutions such as Blockchain Australia.

Blockchain Australia is a Melbourne-based technology products and services company that provides industry and company-specific blockchain solutions for startups and entrepreneurs, investors, corporate teams, and venture capitalists and at the same time encourages new ideas by incubating them with the required guidance and mentorship.

The blockchain firm made strategic investments in MRHB DeFi, a halal ecosystem DeFi platform built on Islamic principles of fairness and benevolence. It aims to bring an ethical, community-first focus to the world of decentralized finance, which has grown in popularity and size from a market with a total value locked of USD1 billion less than a year and a half ago, to USD220 billion today.

“I would like to thank Blockchain Australia for their support,” said MRHB DeFi CEO Naquib Mohammed. “It is crucial for us to work with organisations that are in a position to help shape the way blockchain and decentralized finance can develop in Australia. I look forward to working with Blockchain Australia to forward our shared goals, and deliver an ethics-focused brand of blockchain to Australia and beyond.”

Ralph Kalsi, CEO and Founder of Blockchain Australia, expressed solidarity with the vision of the ecosystem startup: “We believe in Marhaba’s vision, which is a unique offering encompassing Islamic trading principles with smart contract-based transparency and open not only to the Islamic community but to the entire world – a laudable ethical cause that has motivated us in Blockchain Australia to back the initiative and help ensure its success.”

Ethical, Inclusive and Transparent DeFi Ecosystem
MRHB DeFi was founded with a vision of providing greater access to excluded and cautious communities to the growing opportunities and utilities of the cryptoverse, and has a particular focus on delivering faith-based DeFi services which adhere to the ethical investment and financing principles rooted in Islamic Finance, many of which align with the United Nations Sustainable Development Goals. Such business practices include those that avoid interest, usury, social exploitation and other acts deemed unethical as well as support sustainability, asset/utility backed financing, transparency and equitable risk/reward sharing.

With the Islamic Finance industry sized at around USD 3 trillion of assets, bringing even a small portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

Besides Blockchain Australia, MRHB DeFi has also received strategic investments from Mozaic, Contango Digital Assets, Influx Group, NewTribe Capital, Sheesha Finance, Acreditus Partners and EMGS Group.

About MRHB DeFi:
MRHB (pronounced ‘Marhaba’) DeFi is a decentralised finance platform built to bring ethics to the DeFi space with an approach that supports the inclusion of faith-based and other excluded communities in addition to existing crypto-natives so that everyone can benefit from the full empowerment potential of DeFi to help build a true peer-to-peer financial and economic value system.

Based on the tenets of blockchain such as trust, transparency, and security, MRHB DeFi has encapsulated universally applicable principles of Islamic Finance into those tenets of blockchain to render a suite of offerings that are also ESG compliant.

The project is backed by a diverse and strong team with backgrounds spanning crypto, technology, faith-compliant investing, finance and seasoned institutional veterans of industry. The public sale offering will be in December. Register your interest and read more about MRHB DeFi’s Shariah Concept Paper, Lite and White Paper here: https://marhabadefi.com/info-centre.php

MRHB DeFi Official Channels:
Website: https://marhabadefi.com
Twitter: https://twitter.com/marhabadefi
Telegram: https://t.me/mdf_official
Telegram Announcements: https://t.me/marhabadefi_ANN
YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg
Medium: https://medium.com/@mrhbdefi
LinkedIn: https://www.linkedin.com/company/marhabadefi
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/marhabadefi_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR

NFT Gamechanger TWO TWO Launches Extreme Art Gallery with Emmy-Award Winner Alan Tietel, Jimi Hendrix, Nick Walker and more

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Las Vegas, NV, USA, June 14 2021 -/DailyVoice/- A new gamechanger in the NFT scene, TWO TWO announced its official launch, dropping big names such as Emmy-Award winner Alan Tietel, whose ‘Match and Arrow’ art pieces have been tokenized into NFTs and are up for public auction.

TWO TWO, a US-based gallery aims to break down the barriers between real and virtual art, emerging and established artists, and between the artist and the community. Its mission is to allow art enthusiasts to re-imagine art, offering an immersive experience that synthesizes a transformational relationship between artist and patron. Static metamorphoses into dynamic.

“For too long, the elite have controlled access to art via exclusive art galleries and auction houses. TWO TWO merges real and virtual art galleries with DeFi to enable the community to be the gallery and have direct access to established and emerging artistic talent,” said Avron Goss, Co-Founder of TWO TWO.

Providing Capital to Art Projects Globally Utilizing NFT Technology and DeFi
TWO TWO’s art-industry focused DeFi is aimed at providing capital to art projects globally, enabling the community to find the next Banksy. Its unique ecosystem ties together sales of physical art, NFT art, liquidity pools and staking to create value for the community using X22, the TWO TWO governance token.

TWO TWO tokens (X22) will enable the holders to be “the gallery” as they will be provided with voting rights on the DAO as well as access to exclusive art deals.

Furthermore, what makes them interesting on top of this is that they will be used to enable NFT marketing to TWO TWO and third-party galleries. The TWO TWO Foundation will also have a buy back and lockup scheme whereby revenue earned from marketing NFTs for these galleries will be used to buy back X22 tokens to be locked up in the Treasury.

To summarise, the uses of the X22 token are:

  • Governance: Enables voting on the DAO. Each X22 token represents one vote to enable democracy and community empowerment.
  • Staking: X22 tokens can be staked and will receive yield from the staking pool, NFT and Art sales.
  • Buy Back and Make: A portion of NFT and Art sales will be used to buy X22 tokens on the open market to boost staking rewards, provide tokens to liquidity providers and ensure the build-up of reserves in the treasury as insurance.
  • Membership fees for galleries to obtain marketing access to the X22 community.
  • Stability Fees of art loans: Loans will be partially repaid in X22 tokens.
  • Self-service NFT minting.
  • Participation in emerging Artist funds.

Real-World Utility for X22 Art Token
“Because we have real world uses for X22 and we are going to be reaching the art world as well as the crypto community worldwide, we believe that we will be creating strong demand for X22 outside of established crypto users,” said Steven Meistrich, Co-Founder and Strategist of TWO TWO.

“Art speaks to us all,” according to Curator and Co-Founder, Stacey Maites. “The X22 token is a natural extension of its language.”

The team of Co-founders based in USA and UK prides TWO TWO as a community driver, a new revolution in the art space, through its unique value proposition utilizing NFT and DeFi. The circular token economy has been developed to allow the community to be the gallery. This goes beyond voting on a DAO and will include direct benefits that will enable communities to receive yield from the activities of the gallery.

TWO TWO’s circular token economy brings together real-world galleries, NFT galleries and DeFi, creating a robust business model with multiple independent and uncorrelated revenue streams. Furthermore, TWO TWO will bring their community closer to credible artists such as Emmy-Award winner Alan Tietel, unprinted negatives of the music legend Jimi Hendrix, the art of Nick Walker and many more.

Oversubscribed Seed Investment
TWO TWO boasts an incredible line-up of early-stage investors such as AU21, LVT Capital, Kosmos, Wings Ventures, Magnus Capital, Twin Apex Capital, GAINS, Alphabit Fund, Top7 ICO, BSCPad, MantraDAO, DuckDAO, CryptoDiffer, Moonwalker, Kyros Ventures, DEFIED, Berezka Ventures, Kultivated Capital, Kosmos, ZBS Capital, Spykefast, SportsIcon, Squares Capital and others, raising an oversubscribed seed investment of over USD 1.5 million.

As it continues with its development, TWO TWO is set to announce more partnerships, artist collaborations, various NFT art drops and several high-level announcements in the coming weeks. Currently, TWO TWO is running a community campaign to further introduce its platform to the crypto community. At the end of the month, TWO TWO plans to list its X22 tokens on several exchanges and launch an IDO (Initial DEX Offering).

About TWO TWO:
TWO TWO is the world’s first Interactive Art Gallery combining NFT with DeFi. It resides contemporaneously within the convergence of the actual and the virtual. The work of visionary, established and emerging artists, is merged with multi-dimensional technology, to promulgate co-existence with illustrative imagination.

Partnering with Syncretism Ventures Worldwide, the first TWO TWO Gallery will be located within Resorts World Las Vegas, the city’s most sumptuous, unique and innovative property, scheduled to open in June, 2021.

Yet, TWO TWO also inhabits the imagination. The patented immersive technology emulates the emotional stimuli and translates the experience to any mobile device. From actual to virtual to actual, the transcendental circle is complete.

From Warhol to Mr. Brainwash, from Basquiat to Banksy, TWO TWO exhibits rigorously curated Pop, Urban, Graffiti and Street Art.

More information on TWO TWO can be found at the following links:
Website – https://www.twotwoart.com/
Twitter – https://twitter.com/Twotwoart
Telegram – https://t.me/TWOTWOofficial
Facebook – https://www.facebook.com/twotwoart
Medium – https://medium.com/@twotwoart
LinkedIn – https://www.linkedin.com/company/twotwoart

MDEX Token ($MDX) Lists on Binance and Enters Top 100 Rankings on Coinmarketcap

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Singapore — The leading decentralized cross-chain trading protocol MDEX.COM has pulled off quite the coup, with its MDX token listing on top exchange Binance and its entry into the Top 100 rankings on Coinmarketcap.

In the last 24 hours, the MDX trading volume is USD 87 million and $MDX is currently priced at USD 1.89. Its live market cap is USD 780 million and besides Binance, is presently trading on Huobi Global, Gate.io, MXC.COM and others.

Exchange Giants Collaborate Once More

Leading CEX (centralized exchange) Binance needs no introduction. Formed in 2017, Binance is the largest cryptocurrency exchange in the world in terms of trading volume.

This is not the first collaboration between Binance and MDEX. On April 8, the previously HECO-based DEX integrated the Binance Smart Chain (BSC) network and within two hours, reported a TVL (Total Value Locked) of more than USD 1.5 billion.

MDEX’s successful launch on BSC and its subsequent, massive trading volumes are integral to the Binance decision to list the $MDX token on its trading platform. $MDX can be traded under the following token pairs – MDX/BTC, MDX/BNB, MDX/BUSD and MDX/USDT.

Can $MDX Replicate its DEX Success?

An AMM (automated market maker) DEX on both HECO and BSC, MDEX aims to create a high performance DEX ecosystem as well as provide multi-chain support.

Back in February – March, just slightly over a month after it launched yield farming on its platform, MDEX managed to surprise the entire DEX space when it captured major market share, beating industry titans like Uniswap and Sushiswap. Implementing a dual mining strategy that includes both liquidity and transaction mining, the DEX has continually managed to sustain its lead in the market.

Traders are keeping an eye on the MDX token should things move fast. The maverick token is currently on more than 90,000 watch lists on Coinmarketcap.

For more info about MDEX, visit the official website: https://mdex.com/#/

MDEX Official Channels:
Twitter: https://twitter.com/Mdextech
English Telegram: https://t.me/MdexEN
Chinese Telegram: https://t.me/MixDex
Medium: https://mdex.medium.com/

Premium DeFi Protocol from RedFOX Labs Now Live on Binance Smart Chain

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Singapore, May 27, 2021 — Following months of hard work from the team at RedFOX Labs the RFOX.Finance protocol has finally entered the BSC ecosystem, promising to revolutionize the way users interact with the project.

Open for Business

The launch on BSC means holders of $VFOX, the platform’s native token, will now be able to distribute the token quickly and easily, and that token holders can now participate in farming and staking the token, although this is not mandatory.

All holders of $VFOX will be eligible for rewards generated from RedFOX Lab’s new RVOX VALT project.

Binance Smart Chain ecosystem projects have exceeded a total value locked of over USD $50 billion. RedFOX Labs has recognized the growth potential in this ecosystem and has completed the launch of their own DeFi products.

Security is a Priority

To support the move and to examine the project’s token, farming and smart contracts before deployment, the team enlisted the help of external audit experts Hacken.

There will still be the opportunity to purchase $VFOX outright on both PancakeSwap and through RFOX.finance. Two weeks after launch, the option of staking $RFOX and $VFOX in single asset pools to earn $VFOX, will also be made available.

Further, RedFOX Labs will harvest $VFOX earned from the initial liquidity they provide to convert back to $RFOX and burn from the circulating supply.

The move to launch RFOX.finance is another step toward RedFOX Labs reaching its goal of being the premier ecosystem builder in the Southeast Asian region and will play a pivotal role in driving utility and value for the $RFOX token.

For more information about RFOX Finance, please visit https://docs.rfox.finance.

About RedFOX Labs:
RedFOX Labs is a venture builder based in Vietnam, that identifies and builds successful business models for the Southeast Asian markets. It is focused on unlocking the true market value of the Southeast Asian digital economy for high consumer demand services such as e-commerce, e-media, e-travel, and esports/gaming and focuses on adding value to the digital economy through the use of emerging technologies such as blockchain. As a company, its value is tradable through its native token ($RFOX).

RedFOX Labs Official Channels:
Telegram Group: https://t.me/redfoxlabs_announcements
Twitter: https://twitter.com/redfoxlabs_io
Facebook: https://www.facebook.com/redfoxlabs.io
YouTube: https://www.youtube.com/channel/UCjSvr6RFSMlN00mWRiU0mSQ
LinkedIn: https://www.linkedin.com/company/redfoxlabs-io/

Media Contact:
Chris Sealey, yourPRstrategist.com
pr@yourPRstrategist.com