Kategorie: Crypto News

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Notifi announces $2.5M pre-seed round

Notifi Network, Inc, a messaging layer for Web3, announced a $2.5 million pre-seed round to create and build communication infrastructure for all decentralized applications on blockchain platforms, CoinJournal learned from a press release.  

The funding round was led by Hashed and Race Capital. The funding announcement comes in preparation for the Notifi Beta.

Notifi simplifies communication across Web3 channels

Its platform is designed with simple APIs for easy integration and customization for advanced features for dApps and Web3 applications. It empowers developers to improve their engagement with users via multichannel communications.

Paul Kim, founder and CEO of Notifi Network commented:

I am building Notifi to be the Twilio and the de facto messaging protocol for blockchain so we can help developers and projects to start building long-term relationships with their users. The future of web3 depends on helping the community and new projects to be customer-obsessed. Our focus will be to empower developers so they can focus on their customers.

Paul Kim was previously Director of Product at Circle, where he launched Circle Yield, and Director of Product at Oracle Cloud Infrastructure. Nimesh Amin, who will serve as CTO, comes from search and cloud infrastructure at Oracle too.

Baek Kim, General Partner of Hashed said:

Web3 communication infrastructure does not really exist.  Third-party applications like Discord and Twitter are not enough. With almost $70 billion total valued locked on Defi and $6.1 billion transacted on NFTs it’s crazy that there are no real communication layers to support these ecosystems. We at Hashed believe that we need to solve this now, and help the next wave of users crossover.

Chris McCann, a General Partner of Race Capital added:

Paul Kim and Nimesh Amin started their careers at Amazon Web Services and Oracle Cloud Infrastructure.  They are frustrated by the lack of enterprise-grade notifications for Web3.  Given their skill sets and expertise in the communication technology stack, I believe Paul and Nimesh will redefine how Web3 communications work.  I am excited to back the “Twilio” for Web3.

The funds raised in this round will go towards team and infrastructure development. Additional notable investors include Anand Iyer from Canonical Crypto and Dan Matuszewski from CMS Holdings.

The post Notifi announces $2.5M pre-seed round appeared first on Coin Journal.

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WadzPay hires 200 people for new office, token surges: top places to buy WadzPay Token

WadzPay Token, an ecosystem with smart contract-based fund disbursement methodology, has gained 36% in 24 hours. The native token WTK is about to break $0.1, possibly on news that the company is hiring 200 people for its new office in Singapore, which it opened last month.

This article explains what WadzPay is, if it would make a good investment, and the top places to buy WadzPay Token.   

Top places to buy WadzPay Token now

As WTK is such a new asset, it’s yet to be listed on major exchanges. You can still purchase WTK using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy WTK right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for WTK

Now that you’re connected, you’ll be able to swap for 100s of coins including WTK.

What is WadzPay Token?

WadzPay Token is a utility token which allows its custodians to make transactions at e-commerce or retail merchants using the WadzPay payment platform. The token is designed to drive good governance on the payment platform while rewarding consumers and businesses.

It provides priority access to new features and faster, cheaper, and more efficient settlement within the network. There are no fees on transactions with WTK on the WadzPay payment platform the first year.

The WadzPay ecosystem provides infrastructure for emerging CBDC and stablecoin technologies. This allows governments and institutions to sandbox or commercialise programs both at a domestic or international level.

Its smart contract-based fund disbursement methodology has been credited as the game changer in enabling financial access for all.

Should I buy WadzPay Token today?

WadzPay can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.   

WadzPay Token price prediction

Wallet Investor is bearish on this asset. They believe it can be a bad, high-risk 1-year investment option.

Price Prediction takes the opposite view, forecasting a minimum price of $0.16 in 2023. The WadzPay Token price can go up to $0.19 next year. In 2024, 1 WTK will trade for at least $0.23. It can reach a maximum of $0.28.

WadzPay Token on social media

The post WadzPay hires 200 people for new office, token surges: top places to buy WadzPay Token appeared first on Coin Journal.

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You can now buy GFI, which gained 22%: here’s where

GFI is the native token of Goldfinch, a decentralized credit protocol for crypto loans without crypto collateral. At the time of writing, it was rallying and had reached a price of $3.78. 

If you want to know more about GFI, what it is, if it’s worth buying, and the best places to buy GFI now, you’ve come to the right place.  

Top places to buy GFI now

As GFI is such a new asset, it’s yet to be listed on major exchanges. You can still purchase GFI using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy GFI right now, follow these steps:

1. Buy MATIC on a regulated exchange or broker, like Binance ›

We suggest Binance because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your MATIC to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the SushiSwap DEX

Head to SushiSwap, and ‚connect‘ your wallet to it.

4. You can now swap your MATIC for GFI

Now that you’re connected, you’ll be able to swap for 100s of coins including GFI.

What is GFI?

By incorporating the principle of “trust through consensus” and using different types of off-chain collateral, the token of the Goldfinch protocol creates a way for borrowers to show creditworthiness based on more than just their crypto assets.

This will unlock crypto lending in emerging markets and in other places where crypto can empower financial inclusion.

Liquidity providers supply capital to the Senior Pool. The protocol automatically allocates the Senior Pool to the senior tranches of Borrower Pools. Borrowers propose pools with terms like the interest rate for the backers to assess. Backers supply capital to the junior tranches of Borrower Pools.

Should I buy GFI today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.  

GFI price prediction

Digital Coin Price predicts a positive price trajectory for GFI. Their forecast is as follows:

  • 2022: from $4.60 to $5.26
  • 2023: from $4.98 to $6.09
  • 2024: from $4.59 to $6.10
  • 2025: from $6.44 to $8.09

GFI on social media

 

The post You can now buy GFI, which gained 22%: here’s where appeared first on Coin Journal.

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Cosmos is rallying again, up 6% today: here’s where to buy Cosmos

The live Cosmos price today is $34.11 with a 24-hour trading volume of $1.8 billion. The 19th biggest coin by market cap has gained 6% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy Cosmos, this guide is for you.

Top places to buy Cosmos now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Buy ATOM with eToro today

Skilling

Skilling is a regulated Forex and CFD broker that allows traders to access 800+ financial instruments, including 10 popular cryptocurrency CFDs with competitive pricing and fast execution time. Skilling offers a selection of trading platforms, including the proprietary Skilling Trader and popular, industry renown cTrader and MetaTrader 4 platforms, which can suit the needs of customers with different levels of trading experience.

Buy ATOM with Skilling today

What is Cosmos?

Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry.

It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.

The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps.

An Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other, preventing fragmentation in the industry.

Should I buy Cosmos today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Cosmos price prediction

Most analysts are bullish on Cosmos. According to Wallet Investor, the average price might be $48.12 by February next year and $131.2 in 2027.

Digital Coin Price forecasts an average price of $43.1 this year, moving up to $50.1 in 2023, $68.5 in 2025 and $151 in 2030.

Cosmos on social media

The post Cosmos is rallying again, up 6% today: here’s where to buy Cosmos appeared first on Coin Journal.

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What are Cardano’s prospects after the first network upgrade for 2022?

Cardano is in a correction, but fundamentals are getting better

  • Cardano is in a correction as the broader crypto market eases up after the end of February rally. 

  • Cardano’s core fundamentals are getting better as three upgrades are set to make Cardano better for Dapps.

  • One of the upgrades recently implemented triggered a 12% price rally.

Cardano (ADA) is one of the biggest platform blockchains by market capitalization. While it has been a work-in-progress for the last couple of years, Cardano’s core metrics are stronger than many of its competitors. 

One of the factors that make Cardano stand out is its security. Cardano’s Ouroboros Proof-of-Stake algorithm is the first provably secure Proof-of-Stake algorithm. This is an essential metric because with most financial applications now moving to the blockchain, it could be catastrophic if they run on unsafe blockchains. It’s part of why Ethereum continues to dominate the DeFi market despite its obvious cost and scalability issues. 

While Cardano is yet to gain mass adoption, things are looking pretty positive. Several big projects, including a Metaverse project, are coming to Cardano. Besides, the Cardano team has announced several significant updates that could help propel Cardano forward in 2022. 

Cardano technical updates could trigger a price rally

The IOHK had scheduled three major updates for 2022, which have already been effected. One of the updates it has implemented is the introduction of light wallets and a Dapp store. The goal is to make Cardano run more efficiently now that it has already introduced smart contracts.

The announcement saw ADA shoot up by over 12%. It’s an indicator that as the other updates are introduced, investors expect the Cardano blockchain could run even more efficiently. Some of the scheduled updates include the introduction of side chains for even better scaling and a solution that will help with synchronization. 

Cardano trading in a bearish channel 

Source: TradingView

Cardano is currently trading in a bearish channel though volumes are low. In the past 24-hours, Cardano has broken through the 100-day moving average at $0.9271, and the selloff is accelerating. 

If Cardano breaches $0.90, prices below $0.85 could be a reality in the short term. On the other hand, if there is a reversal and Cardano pushes through the 50-day moving average at $0.9495, it could be a good signal for prices above $1 in the near term. 

Summary 

Cardano is working on three major upgrades expected to make it more attractive to Dapps developers. However, like the rest of the market, Cardano is currently in a minor correction after a rally in late February.

The post What are Cardano’s prospects after the first network upgrade for 2022? appeared first on Coin Journal.