Mediaboss Marketing

The crypto market is most rewarding to early adopters, and its the same logic for users who get into presale early. Presales often allow projects to raise funds to execute their initial roadmap, but it provides adopters the lowest entry possible, so they get a huge profit advantage when the project eventually launches.

Filecoin(FIL) had one of the most successful presale events in 2021 and made its early adopters a huge profit. Uwerx is in a similar position with a great underlying utility on the WERX token. Uwerx is prime to move with a huge profit margin as the project fully goes live.

Blockchain has proven to be quite a volatile solution in virtually every facet of life, and the most desirable feature of blockchain-based solutions is that it enables community governance and decentralizes the system. With decentralized systems, more value goes back to the community rather than the intermediate bodies controlling the platform.

The gig economy has been in the control of a few leading freelancing companies for the past several years. And as the industry continues to grow, there is a need for better solutions that solve existing issues with predominant platforms.

Forbes reports a lot of correlating statistics as regards the growing freelance economy. Among these are an increasing number of Americans who freelance, even while working full-time, and an increasing percentage of corporations and company owners ready to recruit freelancers.

Uwerx aims to solve predominant issues, including high fees, lack of tools and innovation, payment limitations, and several other minute problems that decentralization will solve. Uwerx saves freelancers and clients from paying expensive service charges. The platform only charges freelancers a 1% fee on all contracts compared to the industry average of 10% 20%.

In addition to low fees, Uwerx will incentivize activity on the platform, allowing users to earn in multiple ways other than job exchange. Uwerx will be powered by its native token WERX, which will be tradable once the platform goes live. WERX presale is on, and users can get early entry and make some profits.

Filecoin is a decentralized network for cloud storage, and its typically decentralizing the cloud storage market, thereby allowing various users worldwide to offer space from their computers for rent. Its one of the very interesting blockchain solutions in the market, but the main detail to look at was its presale.

Filecoin launched what turned out to be one of the most successful presales in crypto back in 2021. FIL sold for around $1 $5 during the course of the sales, and for a token with great utility, everyone was ready to take a lot of profit.

However, what nobody imagined was FIL running up to around $236 at its all-time high just some weeks after launch. These are the typical runs one would expect on presale tokens, and Uwerx has much more to offer, considering the solid utility behind the project.

Follow us for the latest crypto news!

In addition, presale protects early buyers from risk. Filecoin is down over 90% from its all-time high due to legal implications and police investigations into the firm behind the token. However, at the current $4.73 trading price, most presale buyers are still in profit.

The ERC-20 WERX token is live on presale, and it sells for $0.0225 in its initial stage. The price should increase as the sale progresses, so take the opportunity to get this token at the cheapest it will ever be. The project is fully audited by SolidProof and InterFi Network, lending credibility to the legitimacy of the project. You cant afford to miss out on the biggest play in the market right now.

Learn more about Uwerx here:

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

Continue reading here:

Price Prediction 2023: Could Uwerx(WERX) Do x100 From Presale ... - Crypto News Flash

Ripples James Wallis Reveals Hong Kong-Backed CBDC Initiative Integrating Tokenized Real Estate and Web3 Lending

Ripple, the issuer of the sixth-largest cryptocurrency, XRP, said its seeking to integrate Central Bank Digital Currency with DeFi primitives.

James Wallis, the vice president of central bank engagements and CBDCs at Ripple, said in an interview with Pymnts, that his firm is working on a project backed by the Hong Kong Monetary Authority to explore a CBDC-powered lending protocol supporting tokenized real estate as collateral.

You see these different elements of web3 coming together, Wallis said. Youve got the ability to tokenize your property, and then to actually take out loans against that using a DeFi lending protocol.

Central Bank Digital Currencies, or CBDCs, refer to digital monies issued by a central bank via a distributed ledger.Decentralization proponents criticize CBDC for benefiting the government with significant efficiency savings and vast financial surveillance capabilities without providing any of the benefits associated with distributed ledger technology (DLT) to citizens.

CBDC issuers retain total control over currencies issued, including the minting, distribution, redemption, and destruction of tokens.

But Wallis paints a different story for the future of CBDCs, arguing that central bank money will become integrated with use cases popular in DeFi and web3.

The internet of value is going to have central bank money as part of it and we want to be a facilitator for that, he said.Wallis said Ripple received hundreds of applications, including some exploring lending protocols [and] how you can leverage some of the DeFi aspects of [crypto], for the companys CBDC Innovate hackathon, kicking off on May 15.

Wallis remarks coincided with the public launch of Ripples CBDC Platform.

Ripple described the platform as a full-stack solution enabling central banks, governments, and financial institutions to launch a digital currency. The platform leverages the same blockchain technology underpinning the XRP Ledger to manage accounts and settle transactions.

Wallis said the platform focuses on enabling three core use cases for CBDC: settling cross-border transactions, facilitating domestic payments, and inter-bank settlement (sometimes referred to as wholesale CBDC).

Ripple is already working with several governments on CBDC initiatives.

The Republic of Palau, a Micronesian archipelago home to a population of less than 20,000, has already signed up to use the platform. Surangel Whipps Jr, President of Palau, said the CBDC will provide his countrys citizens with greater financial access.

Ripple is also working with Montenegro on issuing national currency issued by its central bank that is pegged to the Euro.

Montenegro is currently applying for EU status and has officially used the Euro as its de facto currency since 2002.

Wallis said most governments turn to CBDCs for improved efficiency, particularly in the context of cross-border settlement.

Without exception, every project that were involved in has cross-border payments as one of the top topics that they want to improve, whether thats for remittance, trade-flow, [or] different reasons, he said.

Wallis estimated more than 90% of countries worldwide are currently engaged in initiatives researching or developing CBDCs.

More here:

Ripple Wants to Integrate CBDCs With DeFi - The Defiant - DeFi News

PRESS RELEASE

Published May 20, 2023

Since 2018, the engineers at EtherAuthority have been helping define the Web3 space by providing next-level solutions for clients around the world

EtherAuthorityis celebrating five years of service this year in its mission to define the Web3 space by offering clients around the world comprehensive solutions including smart contract security audits, public blockchain development, smart contract development, and much more.

The concept of Web3 came to fruition in 2014, when Ethereum co-founder Gavin Wood first referred to an online decentralized blockchain ecosystem. Today, the ideal of Web3 is an intricate web that weaves together blockchain tech, token-based economy, and decentralization. The Web3 space is estimated at a value of $27.5 billion and is growing exponentially, and it has the potential to reach virtually everyone who uses the web and every industry. In fact, the Web3 space has already had a major impact on industries such as finance, real estate, gaming, and more.

Since EtherAuthoritys debut in 2018, the companys team of engineers have worked with clients around the world to carefully navigate them into the Web3 space. The companys portfolio currently includes more than 400 clients who have benefited from tailored solutions designed to meet their varying needs.

One of the most important facets of Web3 development comes in the form of smart contracts, which defines interactions between users and the blockchain. Smart contract vulnerabilities must be rectified; the signatories, subject of agreement, and terms must all executed properly.

EtherAuthoritys suite of Web3 services ensures that their clients get the very most from the blockchain. The companys engineers offer smart contract development that covers contracts including, but not limited to, token, NFT, DeFi, Dex, and more. Public blockchain development from EtherAuthority yields comprehensive builds with Testnet, Mainnet Explorers, Faucet, DEX, and more. EtherAuthoritys smart contract security audit yields a comprehensive analysis of vulnerabilities and offers streamlined solutions.

In addition, EtherAuthoritys engineers offer KYC (know your customer) services with the height of anonymity.

EtherAuthority has remained at the forefront of Web3 development and is thrilled to celebrate their fifth anniversary at a time when the future of Web3 has never looked so bright. More information can be found at https://etherauthority.io/.

ABOUT ETHERAUTHORITY

EtherAuthority Building Trust in the Blockchain Era: Our Smart Contract Audits Ensure Your Security. Follow EtherAuthority on Facebook @EtherAuthority and Twitter @Ether_Authority.

Media ContactCompany Name: EtherAuthorityEmail: Send EmailCountry: IndiaWebsite: https://etherauthority.io/

See original here:

EtherAuthority, a Pioneer in Web3 Development, Offers Leading ... - Digital Journal

Disclaimer: The text below is an advertorial article that is not part ofCryptonews.comeditorial content.

With 16+ projects having already joined the Massa testnet, it is perhaps time to pay attention to this thriving ecosystem.

But first, what is Massa? Massa is a high-performance blockchain designed to be truly decentralized from the start. Massa testnet was released in July 2021, providing an easy way for anyone to test the protocol, and has been constantly improving since then.

Perfectly balancing security and scalability while maintaining true decentralization is just one of the factors that explain why the Massa ecosystem has been experiencing such rapid growth since the beginning of 2023. Another reason Massa has been attracting so many new projects is that it eliminates the common obstacles that most Layer 1 blockchain networks face and enables both developers and regular users of the network to contribute and support the team's ultimate vision of reaching and maintaining maximum decentralization.

It is quite clear by now that web3 pioneers have embraced Massa. The enthusiastic response from the crypto developer community has a lot to do with the ethos of the Massa core team itself, which is completely dedicated to building a truly decentralized future. Blockchain developers are a particularly demanding bunch and they tend to gravitate towards building on blockchains with a vision to remain fully independent and free from influences by any small group of people. This might explain why Massa has onboarded so many projects on its testnet with only one seed round of just 5 million USD. In a world where most Layer 1 blockchains rely on millions of USD in ecosystem grants to attract projects, Massas ecosystem success is a bit of an outlier.

Massa has a dual vision for the future of Web3. On one hand, it aims to create a scalable and robust infrastructure that enables dApps to run in a fully decentralized and censorship-resistant way. On the other, it strives to ensure that smart contracts can persist on the blockchain even if the project behind them ceases to exist. The Massa team achieves this by hosting smart contracts on-chain and making them serverless forever.

Massa also lowers the entry barrier for web2 developers who want to join the web3 revolution. By using AssemblyScript as its smart contract language, Massa allows any web developer to easily write and deploy smart contracts without additional unnecessary hassle. Moreover, Massa offers a few innovative features that make it stand out from other blockchains, including autonomous smart contracts and web3-on-chain. These features serve to enhance the potential and appeal of Massa for both developers and users. The team believes that Massa will be the platform where some of the most exciting and impactful dApps will emerge during 2023.

Another reason why Massa is gaining popularity is that it provides tailored support for each project and developer that wants to build and contribute to its ecosystem. Projects can reach out to the Massa community tech support, which is composed of friendly and helpful people who are eager to assist newcomers with the ins and outs of the technology. The official Discord server is always open for questions.

The Massa team offers two main types of support for projects that aim to enhance and utilize the Massa chain:

Massa also offers a variety of other valuable services to projects in development, such as:

- Guidance on legal matters

- Assistance with the incorporation process

- Access to useful development resources

- Additional funding opportunities

- Marketing services

- Support with creating a pitch deck, business model and tokenomics

But most importantly, the team behind Massa has single-handedly solved the blockchain trilemma, presenting the world with a network that is simultaneously secure, scalable and decentralized. This is a true precedent in the blockchain space and its hardly surprising that the developers around the world are starting to take notice and to participate in the Massa ecosystem. There seem to be some very exciting things on the horizon for Massa, so be sure to follow their social media.

Read the original:

Massa Ecosystem's record-breaking growth in Q1 2023 - Cryptonews

Bluesky is a social network gaining popularity since the shenanigans at Twitter began. It is backed by the former Twitter CEO Jack Dorsey.

It began back in 2019 as an end goal to what Twitter was supposed to become, sadly, it didn't pan out, and Bluesky became an independent entity to develop a large-scale framework for open and decentralized social media.

And that goal is now closer to being achieved than ever before with their recent move.

Allow me to take you through it.

What's Happening: The client code for Web, Android, and iOS has been made open-source. Now anyone can use the code to improve Bluesky or make their own alternative decentralized social media based on it.

Bluesky uses its in-house open protocol called the AT Protocol which facilitates this level of decentralization, allowing users to move across the federated network with ease.

Does It Matter: Well, yes. You see, most mainstream social media platforms don't open-source their code and have been known to pull off some pretty shady moves in the background.

Even in the case of Twitter, when Elon said that they would be open-sourcing the Twitter algorithm, the end result was quite disappointing.

Compared to that, Bluesky's move should further solidify its goal of providing an open, decentralized social media alternative.

Want to check out the source code?

The source code has been provided under the MIT License, granting people the right to copy, modify and distribute the code without running into any legal issues.

It can be found on GitHub; the developers have made it clear that they will be prioritizing more pressing pull requests and issues than the minor ones.

Since the news broke out, it has gotten over 2.1k stars and over 200 forks.

They have also laid out a few rules and guidelines for contributors and users who want to fork the repo.

Suggested Read

10 Decentralized, Open Source Alternative Social Media Platforms

Tired of Big Tech prying on your data and invading your privacy? Here are some open source, decentralized alternate social platforms.

I'm looking forward to when they make Bluesky available for general use by removing the waitlisting system that is currently in place.

What do you think of this move by Bluesky? Do you think this thing will take off?

Read more from the original source:

Bluesky Social: A Decentralized Twitter Alternative Takes an Open ... - It's FOSS News