Dapper Labs, UFC Ink Deal to Bring Blockchain Digital Collectibles to Masses

Dapper Labs, UFC Ink Deal to Bring Blockchain Digital Collectibles to Masses

According to a press release issued on February 25, 2020, leading blockchain research firm Dapper Labs has inked a partnership with mixed martial arts (MMA) promotion UFC to develop a new digital experience that will offer UFC fans across the globe with opportunities to purchase, trade, and own UFC-branded digital collectibles on Dapper Labs’ Flow.

Dapper Labs to Power UFC with Blockchain Technology

In a bid to leverage the technology to its full potential, Dapper Labs has joined forces with major MMA promotion UFC to issue and sell UFC-inspired blockchain-powered digital collectibles.

Per the press release, these digital collectibles will be available to purchase, trade, and own at Dapper Labs’ Flow platform. For the uninitiated, Flow is a newly developed distributed ledger technology (DLT) platform to support consumer-facing blockchain experiences.

Commenting on the development, Roham Gharegozlou, CEO of Dapper Labs, said:

Flow makes it easy for any developer to build blockchain apps, games, and digital assets to power them. Working with the UFC®, we are showing what’s possible when you give an engaged fanbase a real ownership stake in the game they love and the communities they’re a part of.

Similar sentiments were echoed by UFC Senior Vice President, Tracey Bleczinski, who said:

UFC is thrilled to partner with Dapper Labs to offer a new form of digital collectibles to our global fanbase. UFC prides itself on being innovators in sports technology, and Flow is another way to provide our fans with the best entertainment experience.

Being one of the leading global brands in professional MMA combat, UFC is also one of the earliest sports entities to be announced on Dapper Labs’ Flow. Per sources close to the matter, Flow will help enable and empower tech-savvy UFC fans to purchase, trade and own verified, authentic, limited-edition, digital collectibles on blockchain in real-time. Notably, Flow is Dapper Labs’ solution to the problem of blockchain scalability for consumer applications like games and digital collectibles.

UFC and DLT

A flurry of tech startups in the blockchain and cryptocurrency space have taken the UFC route to better publicize their ambitious projects. BTCManager reported on December 28, 2019, how Litecoin Foundation had partnered with UFC to sponsor an upcoming boxing event.

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Cardano’s (ADA) Charles Hoskinson Announces Key Updates

Cardano’s (ADA) Charles Hoskinson Announces Key Updates 

Charles Hoskinson, the CEO of Input Output HK (IOHK) and co-founder of the Cardano (ADA) blockchain project, has revealed that the next few months will be quite exciting for the community as numerous updates on the project’s roadmap will take place,  including the Byron reboot, partnership deal with the Tanzanian government, and more, according to reports on February 25, 2020.

The Good Times are Here for Cardano (ADA) 

These are exciting times indeed for the Cardano distributed ledger technology project and holders of the ADA altcoin, as the team has revealed that it’s working hard to pull several strings that will boost adoption and growth of the Cardano ecosystem.

As reported by BTCManager, the Cardano team successfully completed the Ouroboros Byzantine Fault Tolerance (OBFT) upgrade on February 20, 2020, a significant milestone that lays a solid foundation for the coming of the Shelley era.

In the latest broadcast by Hoskinson, the highly reputed mathematician stated categorically that the smooth execution of the OBFT hard fork is a massive moment for the Cardano Foundation as a whole, and if all goes as planned, the Shelley testnet will go live before the end of March 2020.

Byron Reboot, Key Partnership Deals

What’s more, Hoskinson has also hinted that the team is working round the clock to make the launch of the Shelley testnet as frictionless as possible, as such, it plans to implement the Byron reboot by mid-March 2020.

Earlier in January 2020, reports emerged that Cardano has inked a partnership deal with “Big Four” professional services firm, PricewaterhouseCoopers (PwC) in a bid to promote ADA adoption. 

Hoskinson says Cardano will organize a blockchain workshop in collaboration with PwC from March 6, 2020.

Having previously signed a memorandum of understanding (MoU) with the government of Ethiopia for the integration of its blockchain technology into the operations of the country’s AgriTech industry, Hoskinson says he will be heading to Tanzania next month to sign another partnership deal with the East African nation.

Hoskinson has also revealed that he will be traveling to other African countries including South Africa, and Rwanda, to discuss blockchain adoption with their political leaders.

In January 2020, BTCManager informed that EMURGO, the commercial arm of Cardano has set up a strategic blockchain taskforce with Uzbekistan’s National Agency of Project Management (NAPM) and other top firms.

Cardano’s native altcoin is currently the 11th-largest cryptocurrency in the world. The price of ADA sits at $0.058364, with a market cap of $1.51 billion, as seen on CoinMarketCap.

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Bitcoin Adoption in Lebanon Increases Amidst Worsening Economic Situation

Bitcoin Adoption in Lebanon Increases Amidst Worsening Economic Situation

As the current financial crisis rocking Lebanon continues to intensify, Lebanese citizens are increasingly looking to bitcoin to escape the country’s crippling economic situation. Lebanon joins the list of countries whose citizens have turned to the top cryptocurrency to counter the financial crisis. 

Bitcoin Gives ‘Financial Freedom’

Lebanon’s financial situation has continued to plummet, with the value of the Lebanese pound declining. But a report on Al Jazeera on Tuesday, February 25, 2020, reveals that citizens are not sitting around waiting and hoping for things to get better before taking action. 

The economic woes in Lebanon have caused more citizens to embrace bitcoin, which many see as a more stable option compared to the country’s fiat currency. Presently, the capital controls imposed by banks have seen savings decrease by 40 percent. Furthermore, forex withdrawals in the country record $50 monthly, while cross-border remittance capped at $50,000 yearly.

A statement by Mahmoud Dgheim, a Lebanese bitcoin trader, reads:

“Right now, Lebanese are interested in escaping tight restrictions on cash withdrawals and transfers. They basically want financial freedom. If you want to go around the banking system, bitcoin is a solution.”

The report also stated that a group of bitcoin traders reported a significant increase in trading volume following the emergence of capital controls in November 2019, with the traders recording a monthly volume of $1 million.  

Another factor that has led to increased adoption of the flagship virtual currency in Lebanon is the lack of trust in the country’s banking system. With the people fearing that the economic situation would only worsen and eventually collapse, buying assets such as gold, real estate, and most especially bitcoin is seen as abetter option. 

Bitcoin as a Safe Haven for Struggling Economies

Other factors that make bitcoin an attractive alternative include the absence of middlemen and the ease of cross-border remittance. By buying bitcoin, employers in the country can afford to pay workers their monthly wages. 

A quote in the article speaking on the ease of transferring funds reads:

“Fresh money takes at least a week to 10 days to be transferred, and that’s if it’s sent. Meanwhile, I can transfer bitcoin in $100,000 batches in less than 30 minutes. It puts your mind at ease.”

Even wealthy investors from the Middle East with investments in the country have sought local bitcoin traders to help move large funds out of Lebanon. 

With Lebanese citizens increasingly embracing the flagship virtual currency, it is a testament to the fact that bitcoin indeed is a safe haven for people experiencing financial crisis. Countries like Venezuela and Turkey have also seen its citizens embrace bitcoin to escape crippling economic situations.

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KuCoin’s PoS Mining Platform Pool-X Launches Pre-listing LockDrop Activity

KuCoin’s PoS Mining Platform Pool-X Launches Pre-listing LockDrop Activity

Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the POL LockDrop Activity Special Rounds, which will start on February 28, 2020.

KuCoin Blazing the Trail

There are a total of 4 different sessions of LockDrop Special Rounds including BTC session, ETH session, KCS session, and TRX sessions. For every session, users are able to lock up BTC, ETH, KCS or TRX on KuCoin and will be able to receive corresponding POL shares according to the lock-up amount. This part of the POL share will be taken from 8% of the Budget System that was referred to in the POL whitepaper, and a total of 80 million POL will be distributed throughout the campaign.

After the POL/USDT pair gets listed on KuCoin, 20% of the reserved POL will be made available for users. The remaining 80% of the reserved POL can be acquired by participating in the business of the Pool-X platform. Also, users can accelerate the release process of reserved POL shares by inviting new users to stake on Pool-X or by participating in Net Buying.

“Pool-X’s LockDrop activity will further contribute to the liquidity of POL and benefit the upcoming listing of POL token.” Johnny Lyu, co-founder of KuCoin said. He added:

The LockDrop will be a win-win for the platform and all KuCoin users, as investors can make direct profits by participating in the LockDrop, while Pool-X could promote itself and grow its holder base, leading to the prosperity of the POS mining pool as a result.

Pool-X was officially released in August 2019 as a PoS mining platform incubated and independently operated by the KuCoin team. By supporting lockup-crypto transactions, it aims to stimulate the future development of the PoS ecosystem. Services offered by Pool-X include, but are not limited to, Liquidity Trading Market, Node Supermarket, and operational solutions.

POL (Proof Of Liquidity) is a decentralized zero-reservation credit issued by the Pool-X mining platform and is based on TRON’s TRC-20 protocol. They have a total supply of 1 billion.

POL serves the role of credits for Pool-X, helping to record the flow of liquidity certificates and working as the payment method for liquidity bids. Ultimately, POL was created to cope with the inadequate liquidity of staked crypto assets. Due to their nature, zero reservations of POL are to be provided to the team or any individual upfront.

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Caitlin Long, Attracting More Wall Street Money to Crypto with Avanti Bank

Caitlin Long, Attracting More Wall Street Money to Crypto with Avanti Bank

Caitlin Long, a Wall Street veteran, is joining forces with blockchain firm, Blockstream to launch Avanti Bank, a crypto-focused financial institution that will offer regulated services to institutions working with digital assets, according to a tweet on February 24, 2020.

Avanti to Bridge the Gap between Wall Street and Crypto

As stated in her tweet, Caitlin Long’s Avanti bank seeks to promote the mainstream adoption of bitcoin (BTC) and altcoins by offering products and services that are not currently available to players in the U.S. markets.

Long tweeted:

Introducing Avanti Bank, a new U.S. #bank to serve #digitalasset industry, offering new products & svcs not currently available in USD mkts along w/tech partner @Blockstream. #Wyoming -based. We’re preparing a long process of charter application & aim to open early 2021. @AvantiBT.

Reportedly founded with support from several bitcoin big whales, important players in traditional finance, Long says Avanti Bank plans to serve enterprises and institutional customers that need financial services around bitcoin and cryptoassets.

“A critical piece of U.S. market infrastructure is missing — a regulated #bank that can act as a bridge to Fed for payments + custody #crypto for BIG institutional money (pensions/endowments/foundations/corps/sov wealth) who need this b4 entering #crypto in a big way. The regulation had blocked it,” Long added.

 Avanti Applying for SPDI Charter 

Importantly, Long has made it clear that Avanti plans to surmount all the regulatory hurdles that have made seemingly impossible for existing U.S. banks to provide optimal services to crypto-focused businesses, by applying for the Wyoming state special-purpose depository institution (SPDI) law. 

Avanti Playing by the Rules 

While the Wyoming SPDI legislation gives financial institutions the power to service crypto firms, this legislation also comes with very stringent requirements. The SPDI regulation says all fiat deposits of consumers must be 100 percent reserved and the bank is not allowed to use its clients’ assets for its financial operations.

Long has hinted that Avanti Bank plans to operate in accordance with the ethos of “NotYourKeysNotYourCoin,” by offering various levels of institutional custody services including multisig signing-as-a-service, bailment and more.

Long tweeted:

To make Avanti a huge success, Blockstream will be in charge of the Bitcoin applications, as well as the necessary hardware and software needed to custody digital assets.

If all goes as planned, Avanti Bank will go live in early 2021.

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Russian Oligarch Given Green Light for Private Digital Currency

Russian Oligarch Given Green Light for Private Digital Currency

Vladimir Potanin, a Russian businessman with interests in the metal and airline industry, has been given permission by the Russian government to launch his own blockchain – Atomyze – with a digital currency for customers to use while transacting with his business. As reported by Bloomberg, this represents a major step for blockchain innovation in Russia, February 25, 2020.

Permissioned Blockchains with a Twist

Corporations have been launching permissioned blockchains for a variety of use cases such as tracking, but this is perhaps the first instance of a corporation launching a blockchain, with a token, specifically for customers to interact with the business.

Potanin, a well-known businessman, runs the world’s largest nickel and palladium refineries in the world. Other corporate entities looking to purchase metals can use his new digital token to do so. It is unknown whether those paying with the private currency would receive a discount or favorable terms.

Commenting on the situation, Potanin noted that Russia seems to have a comprehensive framework for digital currency use. However, to add other businesses to this network, he would need the central bank‘s permission. Further, the blockchain is set to cater to corporations in the United States and Switzerland, subject to regulatory approval from local authorities.

Tokenization and Personalization

Just like Atomyze is a blockchain with a digital token used for a specific purpose i.e. purchasing metals and booking airline tickets, individuals have started to mint their own tokens so that people can rent their time. These tokens are minted on Ethereum and are issued in the ERC-20 format.

Peter Pan of MetaCartel and MolochDAO fame, as well as Tom Schmidt of Dragonfly Capital are amongst a number of “influencers” who have launched personalized tokens. Pan’s token, MAGIC, allows one to rent out his time for design help. Schmidt’s token, TOM, allows a tokenholder to commission him to make memes for them.

These tokens are breathing new life into the advent of tokenization, allowing individuals to offer consultancy. The demand for these tokens influences the price, so it allows people to pay market value for the token issuer’s time.

Trends like this can drive tokenization and the use of blockchains on a greater scale.

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Top Pharmaceutical Firms Urge FDA to Adopt Blockchain for Drug Tracking

Top Pharmaceutical Firms Urge FDA to Adopt Blockchain for Drug Tracking

Leading market participants in the United States pharmaceutical industry, logistics firms, distributors and other stakeholders in the pharma supply chain have come together to publish a report buttressing the need for industry players to adopt blockchain for tracking prescription drugs, following the successful completion of a DLT pilot project with the Food and Drug Administration (FDA), according to reports on February 24, 2020.

Big Pharma Vouch for Blockchain Technology 

Though nascent, blockchain technology, the building blocks of Bitcoin (BTC) and other cryptocurrencies are fast gaining ground across various ecosystems, due to its immutability, security, privacy, and other intricate properties.

In the latest development, 25 leading manufacturers of pharmaceutical products, logistics partners and other market participants in the pharma supply chain, have published a report that highlights the importance of blockchain technology in drug traceability.

Reportedly, the FDA has been working on the MediLedger Pilot project, which seeks to help the pharma industry move toward meeting the 2023 requirements of the Drug Supply Chain Security Act (DSCSA), which makes it mandatory for the pharmaceutical ecosystem to be able to track legal changes of ownership of pharmaceutical products in the supply chain.

The Mediledger Blockchain Pilot

The MediLedger Pilot Project was approved by the FDA earlier in June 2019 and it’s a consortium of 25 top players in the pharma ecosystem including Walgreens, the second-largest pharmacy chain in the U.S, Genentech, FedEx, GSK, Walmart, Pfizer, among others.

Fast forward to February 2020, and the consortium has released the Final Pilot Report, detailing “how and why blockchain can meet the 2023 DSCSA requirements for an interoperable, confidential change of ownership system” in the pharma supply chain.

In the report, the consortium members made it clear that it is very crucial for the U.S. pharmaceutical industry to have a central point of data sharing in order not to fall behind its competitors in other nations, “as firms find it difficult to keep data accurately and readily available in a wide variety of formats and systems for partners.

The report warns that if blockchain technology is not integrated into the processes of the U.S. pharma industry, when there is a serious public health crisis, it will be almost impossible for stakeholders and agents to “locate and quarantine suspect products quickly, thereby continuing to put patients’ lives at stake.”

To ensure that all sensitive data of the pharmaceutical industry remain private, the MediLedger report recommends the use of zero-knowledge proof (ZKP) technology.

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Meet Zhuling Chen: aelf’s Co-Founder & COO

Meet Zhuling Chen: aelf’s Co-Founder & COO

Aelf, a decentralized cloud computing project that aims to develop high-performance blockchain-powered networks has been at the forefront of the cryptocurrency ecosystem in recent times. For instance, BTCManager informed its audience how aelf had inked a business partnership to improve the accuracy of information being uploaded on its network. In this piece, we speak to Zhuling Chen, Co-founder, and COO at aelf.

BTCM: Can you introduce yourself to us?

Chen: My name is Chen Zhuling. I am originally from China and have been living overseas for more than 10 years. I am an engineer by profession which makes me fascinated about how things work and always look for being involved in exciting opportunities. I am a globetrotter both for work and for leisure. I truly believe that the world is getting smaller and technology shall make people closer as well, hence working in an international setup excites me a lot.

BTCM: Can you tell us your story, how you ended up at aelf?

Chen: Everything happens unexpectedly in life. I was working as a strategy consultant in a top tier global firm, advising senior management of large corporates in various topics. Life was pretty exciting and I thought I could devote my life to this career. One of my really close friends kept on telling me about this cool thing that he has been working on. He was talking about Whitepapers the whole time when we attended a wedding. As an engineer, I was curious about new things and how things work. During that time, I was already working full time in the Crypto space to understand many new and different technologies. I was helping project teams with my extra capacity, leveraging what I had learned in my consulting life. That’s when I was introduced to Haobo, the mastermind behind aelf. After chatting non-stop for one week about where he saw the industry heading, I decided to help aelf, first on the white paper, then on the pitch to investors. And it has been more than two years that I’ve been helping the project grow and lead an awesome team.

BTCM: What interested you about the aelf project that made you want to get involved?

Chen: First of all, aelf proposes a very interesting technical direction towards blockchain adoption in the future. The concepts were so new that back in 2017 we did not really know how it would look like in reality. If we now look back, we were one of the first few to propose a multi-chain structure. And “one-chain one scenario” has been rephrased in different forms by other projects as well. Parallel processing is a feature that other projects started to talk about in 2019. I’m glad that we proposed things that fit into the larger picture of blockchain evolution. Secondly, helping aelf is a challenging yet rewarding experience for me. And the key theme here is about “how to make a project/ company international and especially help a company with over half of its staff based in China. Chinese companies are so far still mainly domestically focused. Going international requires a large mindset change, talent acquisition, and market understanding. I am happy that I can help a down to earth team progress on the right track for this journey.

BTCM: What does a typical day at the office look like for you?

Chen: My days vary quite a lot given that I dedicated half of my time to the internal teams on various topics and the rest of my time to external topics such as exploring collaboration, commercial negotiation and collecting market information. Usually, I start my day in the office with half an hour checking emails and catching up on twitter and crypto news. Then I’ll touch base with the team on international marketing and operations via video calls. I’ll often follow this with a few meetings with other projects or guests coming to Singapore. In the afternoon, I’ll have calls with the Chinese team to align on action items. When it’s not a super busy day, I try to ask the team to hit the gym for half an hour (we failed many times though). Many evenings include attending crypto events to catch up with friends.

BTCM: What are some interesting facts about you?

Chen: I have traveled to many places in the world including some exotic places, such as rural areas in Indonesia, Myanmar, Africa, Middle East, etc. I can be an interesting person to talk to about history, travel experiences and different cultures. I think I can be a fun person to travel to a foreign land and do outdoor sports. The rest of my life is pretty boring. lol

What is something exciting that you are working on with aelf for 2020?

  1. Seeing the launch of the network with collective efforts from the community. Aelf has built a complex blockchain system that fits into business adoption. I’m excited to see how we can help more people to fully understand what aelf is, get involved in the system, launch the network securely together and participate in future governance decisions in an orderly fashion
  2. Provide a platform that each of the team members can take more leadership and responsibility. I’m with the view that everyone in a startup is eager to learn and grow. Therefore, I want my role to be more of a mentor instead of a manager that decides what to do in routine. The team should operate with more autonomy, realize their full potential and feel empowered!

20 in 20

Favorite

Animal: Panda

Food: Spicy food

Colour: Blue

Movie: Leo

Song: Eminem

Country: Magala, Spain

The thing to do: Diving

Book: Homo Sapiens

Cartoon Character: KnightsoftheZodiac

3 Hobbies: swimming, diving, traveling

3 apps you’re always on: WeChat, Telegram, WhatsApp

3 desserts/sweets: not really a sweets person. But I have no resistance to Tiramisu

A lesson to others wanting to get into blockchain: 

Ask yourself, am I ready for a startup or a new movement, instead of asking yourself, how much am I going to earn

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5 Amazing Benefits of Ripple/XRP Crypto

5 Amazing Benefits of Ripple/XRP Crypto

Ripple is the third most valuable cryptocurrency in the market today, estimated at slightly over $20 billion dollars. It is also one of the fastest-growing currencies and has more than 39 billion dollars of tokens in circulation. While Ripple is a late entrant into the crypto market, it has captured the attention of industry players and is making huge reaps in value. In a market that has doubled in value to $237 billion, it is necessary to watch the good performers and identify why they are the preferred currencies.

Cryptocurrencies are designed to serve a particular market or solve a specific trading solution. Ripple XRP crypto offers unique benefits to users and the market, making it a preferred mode of trading as opposed to others in the same league. Here are reasons why the currency is a favorite in the market today over the other currencies.

  1. Widespread Usage

The legitimacy of any mode of transaction lies in its uptake in the market. With more than 39 billion tokens issued worldwide, there are enough coins for as many transactions as you would wish to complete. While there are more than 1500 altcoins in circulation, Ripple has been adopted by more than 100 companies around the world and is helping them to move money around. This adoption is part of the original development aim that was to assist companies and banks, among other financial institutions, to transport money. The ease in acceptance by financial institutions is also adding to its legitimacy and growing value.

  1. Fast

Buyers and sellers gain confidence in transactions based on the speed of completion. Delayed transactions give room for fraud and lost faith in a system. Still, the speed in completion of transactions should not come at the expense of errors. Ripple XRP enables you to complete a transaction in 3 seconds. The speed beats the nearest cryptocurrency which completes the transaction in 2 minutes while the third-fastest cryptocurrency will have you wait for more than an hour. Traditional systems would require you to wait for days. If you are looking for certain, fast, safe, and global channel to transact, read all about Ripple/XRP crypto and make an informed decision.

  1. Scalable

The strength of a system is determined by its ability to serve the market. XRP can handle more than 1,500 transactions per minute with incredible accuracy and consistency. It is scalable to manage the same throughput as some of the widest used financial systems as VISA. The nearest altcoin can only handle 15 transactions per second followed by a 3-6 transactions-per-second cryptocurrency at a distant third. The impressive speed gives you greater confidence in transactions and partnerships.

  1. Decentralized Remittance System

Ripple is built on open-source technology. The technology allows distribution of capability and customization to fit the needs of different users. The set of validators is growing by the day, allowing access in different markets and platforms. The distribution also allows you to transfer value in terms of fiat currencies, commodities, and digital currencies. This is one of the aspects facilitating faster adoption and widespread usage.

  1. Stability

One of the reasons slowing down uptake of cryptocurrencies is stability or the level of risk involved. Ripple is in a different league compared to the other dominant currencies in the market. Since inception in 2012, it has experienced stable growth, delivering excellent value to investors. It is the stability that has attracted institutions and enterprises to use the coin over others.

Final Word

Ripple as a cryptocurrency is providing the stability and confidence that businesses require during transactions. Its usage over the years guarantees investors and enterprises value as well as reliability during transactions. Ripple is a financial revolution sweeping the world today and will change the way you do your business.

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CREAM, Bitrue Partnership to Boost VeChain (VET) Ecosystem Development

CREAM, Bitrue Partnership to Boost VeChain (VET) Ecosystem Development

CREAM, a leading strategic advisory and investment firm involved with the VeChain (VET) blockchain project has entered into a business partnership with Singapore-based cryptocurrency exchange platform Bitrue. This, according to an official announcement on February 24, 2020.

A Partnership for VET and XRP Camp

In a bid to further their own business interests, blockchain and cryptocurrency investment incubator CREAM and Bitrue crypto exchange have joined forces. As a result of the partnership, the VeChain community will have multiple reasons to smile.

Firstly, according to the terms of the partnership, Bitrue will list the VTHO token with a VTHO/BTC trading pair at 11 pm (UTC +8) on February 24, 2020. This will enable the VeChain and Ripple communities to trade VTHO on the exchange.

Further, the partnership will also mark the introduction of the weekly distribution of VTHO tokens to all existing VET holders. For the uninitiated, currently, VET holders receive VTHO on monthly basis.

Lastly, for the VeChain community, Bitrue will now support the VIP180 token ecosystem. This includes fast-tracking listing services for tokenized projects built on the CREAMethod and VeChain ecosystems.

The announcement also reads:

To further demonstrate its commitment towards the VeChain community, Bitrue has pledged to announce support for the VeChain X-nodes program, providing benefits and rewards for the most dedicated VeChain community members. Please look for announcements on Bitrue’s website and social media channels for exact dates and details.

CREAM Committed to the Development of VET Community

CREAM is one of the major driving forces behind the exponential growth of the VeChain ecosystem in recent times. The cryptocurrency incubator continues to leverage its industry connections to encourage financial institutions, venture capital, and government authorities to contribute to the expansion of both VeChain and CREAM.

Commenting on the partnership with Bitrue, Jackson Fu, Co-founder of CREAM, said:

At CREAM, we strive to provide meaningful value for our incubated projects, partners and stakeholders. Cryptocurrency exchanges that are dedicated in providing exceptional value to customers are rarely seen, Bitrue epitomises the customer centricity we value. We are confident this partnership will yield dividends for all parties involved and we thank Bitrue for the dedication and commitment to the CREAMethod and VeChain ecosystem, as well as the community.

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