Q2 2019 XRP Markets Report 19029

Ripple

Ripple publishes the quarterly XRP Markets Report to provide regular updates on the state of the market, including quarterly programmatic and institutional strategy and sales, relevant XRP-related announcements such as Xpring and RippleNet partnerships, and commentary on previous quarter market developments. As an owner of XRP, Ripple believes in proactive transparency and in being a responsible stakeholder. Ripple urges others in the industry to follow its lead to build trust, foster open communication, and raise the bar industry-wide.

CHANGE IN VOLUME BENCHMARK

In June 2019, Ripple shared that the company’s sales of XRP in Q2 2019 would be lower as a percentage of reported volume than in the previous quarters due to the concerns about misreported, falsified and inflated reported trading volumes.

Ripple worked with trusted partners to evaluate new sources of legitimate trading volume. After evaluation, Ripple decided CryptoCompare’s Top Tier (CCTT), the exchanges rated “AA,” “A,” and “B” by its Exchange Benchmark, offers a more complete look on the quality, regulatory environment, management, and structure of exchanges that filter out a majority of unverified volumes. Publicly available sources of trusted trading volume are still in relatively early stages, but CCTT is in line with what Ripple believes to be more accurate XRP trading volumes. For now, Ripple will use CCTT as its benchmark, and will continue to work proactively with industry participants toward resolving the issues around unreliable industry volume data.

Q2 HIGHLIGHTS

  • Overall market capitalization of digital assets sharply increased in Q2.
  • Ripple sold $251.51 million XRP in Q2 2019 and is substantially reducing future sales of XRP.
  • Given the concerns about overstated market trading volumes, CryptoCompare will be Ripple’s primary benchmark for XRP market volume going forward.
  • Three billion XRP were released out of cryptographic escrow, 2.10 billion returned to escrow.
  • XRP is now listed on over 130 exchanges worldwide.
*data from coinmarketcap.com; **data from CryptoCompare Top Tier

Q2 AND FUTURE XRP SALES

Q2 Sales
In Q2 2019, Ripple sold $106.87 million XRP in institutional direct sales and $144.64 million in programmatic sales. In total, the company sold $251.51 million XRP in Q2. Given the reports of inflated volumes, which Ripple took seriously, the company temporarily paused programmatic sales and placed limits on institutional sales to evaluate the problem in early Q2. Ripple later resumed XRP sales at a rate that was 50% lower versus previous guidance, at 10 basis points of CoinMarketCap reported volumes.

Future Sales
Ripple plans to take a more conservative approach to XRP sales in Q3. As noted, the company switched benchmarks to CCTT and will target programmatic sales at 10 basis points of CCTT reported volumes.

INSTITUTIONAL VS. PROGRAMMATIC SALES

Institutional (OTC) Sales
Ripple’s long-term view is that efficient, liquid XRP markets should resemble the traditional FX markets, given XRP’s use case of global value transfer. As a large portion of FX trading occurs on the OTC markets, in 2017, Ripple began providing, through XRP II, a licensed subsidiary, OTC purchases of XRP to meet institutional demand, at a time when XRP/USD liquidity was limited. Since then, XRP listings increased as Ripple has partnered with the top digital asset brokers and used inventory to serve as a backstop for XRP liquidity. This allowed these OTC liquidity providers the ability to source XRP, even when institutional quantities of XRP were difficult to access across exchanges.

Ripple decided to pull back from providing XRP over-the-counter at scale toward the end of Q2, in light of the OTC desks’ ability to source institutional demand for XRP in the open markets. Going forward, Ripple plans to focus institutional sales on markets where the on-exchange liquidity for XRP is insufficient to meet institutional demand.

Programmatic Sales
Ripple’s programmatic XRP sales have been done with the goal of minimizing market impact. The company did this through limiting XRP programmatic sales to what it considers a small percentage of traded volume, which was executed across multiple exchanges. Ripple relies on programmatic sales partners who mainly execute trades passively; their trading volumes do not vary based on changes in the price of XRP, but they do increase as overall XRP trading volumes increase.

As discussed earlier, because of misreported trading volumes, Ripple has changed its sales strategy and benchmark for Q3, and will continue to closely monitor the situation.

Q2 ESCROW ACTIVITY

In Q2 2019, three billion XRP were again released out of escrow (one billion each month). 2.10 billion XRP were returned and subsequently put into new escrow contracts. The remaining 900 million XRP not returned to escrow are being used in a variety of ways to develop use cases for XRP, including Xpring initiatives and RippleNet partnerships (such as MoneyGram). All figures are reported based on transactions executed during the quarter.

XRP COMMENTARY

The overall market capitalization of digital assets increased by 122.86% from Q1. XRP price gained 28.20% over Q2, ending the quarter at $0.40 on coinmarketcap.com

Volume
According to CCTT, the daily volume for XRP increased in Q2. The average daily volume was $429.51 million in Q2 and $156.01 million in Q1.

For reference, according to coinmarketcap.com, the average XRP daily volume was $1.74 billion.

Volatility and Correlation
XRP’s volatility of daily returns over the quarter was 5.01%. Though there was a slight increase in volatility from Q1, XRP was in line with other top digital assets. In addition, XRP’s correlation with bitcoin dropped from Q1, while its correlation with ether remained high.

Exchanges
In Q2, 12 new exchanges listed XRP bringing the total number to over 130 exchanges worldwide.

RIPPLENET

Q2 saw the highest number of customer transactions on RippleNet. In fact, the number of xRapid transactions increased 170% from Q1 to Q2 and Ripple had a 30% increase in the number of live xRapid partners in Q2. Ripple anticipates this momentum in transaction volume to continue as more partners and customers go live.

Notably in Q2, Ripple announced it agreed to enter into a strategic partnership with MoneyGram (NASDAQ: MGI), one of the world’s largest money transfer companies. The company operates in the $600 billion global remittance market, serving millions of customers in more than 200 countries and territories, supporting multiple currencies. Through this partnership, which will have an initial term of two years, Ripple would become MoneyGram’s key partner for cross-border payments and foreign exchange settlement using digital assets. In conjunction with the partnership, Ripple has agreed to provide a capital commitment to MoneyGram, which enables the company to draw up to $50 million in exchange for equity over a two-year period.

The partnership with Ripple focuses on the xRapid product. xRapid is a solution for on-demand liquidity, which leverages XRP, the native digital asset of the XRP Ledger, as a real-time bridge between the sending and receiving currencies.

XPRING 

Xpring is Ripple’s initiative to support the open source community of developers, building on the decentralized XRP Ledger and use cases for XRP on that ledger. This support is done in two ways: 1) helping innovative blockchain projects grow through partnership and investment; 2) building crypto infrastructure through contributions to open source crypto protocols such as the XRP Ledger and Interledger projects. In addition, Xpring is building a developer platform to support open source developers to leverage these protocols. Xpring makes investments using a mix of traditional currency and XRP.  XRP investments are generally subject to sales restrictions and intended for direct use in the tools and services being developed.

Companies and developers continued to build on the XRP Ledger, and utilize ILP and XRP. Significant developments from companies and projects, which Xpring invested in and supports, include:

  • Bolt Labs is a privacy-focused payment channel network supporting multiple digital currencies. Bolt scales off-chain transactions while preserving privacy.
  • Agoric enables developers to build secure smart contracts and new digital assets that can connect to public and private blockchains.
  • Robot Ventures is a (pre-)seed investor in early stage companies in the decentralized finance and blockchain space.

MARKET COMMENTARY

Notable Regulatory Activity

  • The SEC announced that it would establish nodes on certain open source, permissionless ledgers, such as the XRP Ledger, to help inform its policy making.
  • The UK’s Financial Conduct Authority analogized XRP to ETH, which it recognized was a hybrid utility/exchange token, not a security token.

Technology companies enter the space
New entrants into the ecosystem brought global awareness around crypto and blockchain. Most notably, Facebook’s announcement of the Libra whitepaper in June brought mainstream attention from all audiences. Akin to JP Morgan’s announcement of its JPM Coin trial, the news brought market validation to the space, highlighting the benefits that blockchain and crypto bring to payments. However, Facebook faced significant regulatory headwinds as regulators questioned the company’s ability to protect consumer data and comply with anti-money laundering and know-your-customer laws. Facebook was not the only tech company that announced it was breaking into crypto and blockchain this quarter:

  • Amazon was granted a patent to build a proof-of-work cryptographic system to fight DDOS attacks. Also, Amazon Web Services launched its Managed Blockchain service, which supports open-source framework Hyperledger Fabric, for its enterprise clients.
  • Yahoo! Japan went live with Taotao, its cryptocurrency exchange, where bitcoin and ether will be initially traded, and margin trading of XRP and litecoin will be available.
  • Google announced that Ethereum app builders using Google software will be able to integrate data from sources outside the blockchain through a partnership with Chainlink.
  • Samsung announced the development of its own Ethereum-based blockchain and may issue its own token.

Increased Institutional Interest 
Digital assets experienced increasing levels of institutional interest over the past three months. Last quarter, futures trading and other crypto derivatives were widely discussed as the market capitalization of digital assets increased, CME reached a record high for BTC futures and Bakktannounced plans to begin testing its future contracts.

Banks continue to bet on crypto and blockchain 
Established banks continued to show interest in blockchain and crypto as they build their own private blockchain solutions and tokens. Last quarter, a group of 14 financial firms led by UBS including Barclays, Santander, and Canadian Imperial Bank of Commerce created Fnality International to aid in the development and launch of a utility settlement coin (USC) to improve cross-border payments. JPMorgan announced that it will start customer trials of its JPM Coin with corporate clients, and Goldman Sachs CEO said the bank is doing extensive research on asset tokenization and stablecoins.

Crypto exchanges reported record trading volumes and profit. Traditional brokerage firms plan to offer cryptocurrency trading to their institutional clients.

ADDITIONAL REGULATORY HIGHLIGHTS IN Q2

Americas and Europe

  • The G20 officially announced its support of the FATF’s crypto guidelines and ongoing work by the Financial Stability Board (FSB) to explore the implications of decentralized fintech and how regulators can better engage stakeholders.
  • SEC Commissioner Hester Peirce said current guidance falls short of clarity that the industry needs to move forward to develop additional guidelines regarding crypto.
  • France pushed for the EU to adopt a cryptocurrency framework to achieve uniform laws.
  • Bitstamp was granted a virtual currency license by the New York Department of Financial Services.
  • The SEC sued Kik for allegedly running an unregistered securities sale back in 2017 when it launched an ICO for its kin token.
  • The UK’s Financial Conduct Authority is consulting on a potential ban on the sale of crypto derivatives to retail investors.

APAC

  • Reserve Bank of India considered a law that mandates payments data should not be allowed to leave its borders, and announced a framework for its fintech sandbox that invites blockchain projects to take part, but excludes cryptocurrency-related businesses.
  • Nepal banned AliPay and WeChat Pay, citing they are not registered as official payment systems.
  • Japan’s lower and upper houses passed new crypto regulation in National Diet (Japan’s bicameral legislature) to strengthen local regulations and cryptocurrency trading practices.

South America

  • Brazil established a new commission to consider crypto regulation in the country. The commission will be composed of 34 members in accordance with the House Rules of Procedure. Also, the country’s major financial authorities announced a regulatory sandbox for blockchain, fintech and crypto.
  • The Chilean government introduced a bill on cryptocurrencies for congress.

Middle East and Africa

  • Egypt lifted its ban, and will allow licensed cryptocurrency companies.
  • Pakistan Central Bank announced its intention to launch a digital currency by 2025, in an effort to go fully digital by 2030.

CONCLUSION

Q2 was marked by increased regulatory activity, landmark partnerships and high profile announcements from new entrants and key industry players. These activities underscore the continued maturation of the blockchain and crypto markets. In addition, Ripple has taken proactive steps to address the issues of inflated volumes by reducing future XRP sales and changing its volume benchmark.

If interested, please find the Q1 2019 XRP Markets Report here.

Previous ArticleNext Article

Leave a Reply

zkLink Reveals Public Registration Date for $ZKL Token 11649

$ZKL token realizes high-performance DeFi through zkLink’s cutting-edge zero-knowledge rollup infrastructure and newly launched Nexus platform

zkLink, a trailblazer in the zero-knowledge blockchain sector, today announced the release date for its new token, $ZKL. Following the Community Token Sale on Coinlist, $ZKL will be available to users starting Thursday, January 25, 2024, at 18:00 UTC.

The launch of the $ZKL token, the native utility and governance token for the zkLink protocol, is a significant milestone in zkLink’s mission to eliminate the liquidity fragmentation issues present in the Layer 2 (L2) ecosystem. $ZKL serves as a resource that allows developers to easier access the zkLink rollup infrastructure service, including the zero-knowledge (ZK) proof markets; govern the protocol’s development through the zkLink DAO; and pay for ZK proof computational resources.

“We look forward to presenting the community with an asset that allows them to help shape the zero-knowledge rollup ecosystem’s direction in 2024,” commented Vince Yang, Co-founder, zkLink. “As outlined in our 2024 Technical Roadmap, we have several key developments planned to encourage our community to be more involved in building dApps that enable smoother, lower-cost DeFi experiences.”

The $ZKL token joins the list of native tokens and multi-chain assets across the connected L1s and L2s, including FTs and NFTs that users can trade on a unified user interface. It will be a non-inflationary ERC20 token issued on the Ethereum Mainnet with token supply capped at 1 billion. $ZKL will serve as the default payment token for ZK proof generation services and users can obtain DAO voting rights by staking to obtain veZKL.

Along with announcing the upcoming $ZKL token sale, zkLink recently released details on major upcoming updates to its protocol, highlighted in the 2024 Technical Roadmap. Users can learn more in zkLink’s new whitepaper about how multi-chain ZK-Rollup infrastructure serves as a solution to unify fragmented liquidity across ecosystems and return pricing power to decentralized exchanges (DEXs).

About zkLink

zkLink develops zero-knowledge blockchain infrastructure solutions for high-performance ZK applications. Its flagship zero-knowledge Layer-3 blockchain solution, Nexus, is designed to bridge the gap among different zk-Rollup Layer-2 ecosystems to reduce liquidity fragmentation while providing security and scalability via zk-Proofs.

zkLink is funded by notable backers including Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, Efficient Frontier, and others.

About zkLink Nexus

zkLink Nexus is a Layer 3 solution for native crypto assets from zkRollups, such as zkSync, StarkNet, Scroll, Linea, Taiko, or the Polygon zkEVM, in the Ethereum Layer-2 ecosystem. Now developers looking to deploy their project on Layer 2s no longer need to worry about fragmented liquidity, chain-specific deployments, security risks, or high costs that can result from transferring assets between ecosystems.

Mint and Trade Real-World Addresses Onchain with PropyKeys dApp, part of Propy ecosystem 12763

Propy keys press release 800x600

January 3, 2024, 10 am EST, Miami, Florida – Today, PropyKeys, a new gamified application, part of Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum and part of the Coinbase ecosystem. Participants can mint their own or someone else’s home addresses onchain and stake or sell later.

Real estate has long been restricted by barriers to entry such as exorbitant title fees and inefficiencies that blockchain can simplify. Propy and its ecosystem companies aim to make homeownership seizure-resistant, more affordable and user friendly. The $280 trillion market has remained entrenched in a “no trading zone,” but PropyKeys seeks to rewrite this narrative by being a fun entry point to the Propy ecosystem and title onchain. Now, anyone can start their onchain journey by minting home addresses via PropyKeys,and then verifying ownership via Propy, and even creating instant property sales or micro mortgages—all within the onchain Propy ecosystem.

“Imagine a world where every property’s rightful ownership is seamlessly encapsulated in an immutable onchain title”, said Andrew Zapo, lead contributor to PropyKeys. “Picture a future where individuals can effortlessly engage in peer-to-peer property transactions or leverage their property holdings for micro mortgages. This future, underpinned by blockchain’s trustless architecture, redefines property rights autonomy and, in turn, societal norms.”

Unlocking Property Ownership

Propy keys screenshot 003


At its core, PropyKeys addresses critical pain points:


Democratized Minting and Trading

PropyKeys allows crypto natives to mint addresses, stake them, and seamlessly facilitate trades with property owners. Address NFTs could be minted for a PRO token fee. Home address holders and real owners of properties of the acquired addresses have the following advantages for the 3 tiers of NFTs. Inherent in the tokenomics strategy is the collection of $PRO as a fee for minting onchain addresses and property titles. This fee structure, while sustaining ecosystem development, simultaneously incentivizes community participation. 100% of the collected fees from addresses are redirected to incentivize and reward the network of address owners, ensuring active engagement and network growth. Additionally, mechanisms such as staking and governance participation offer avenues for token holders to contribute and influence the ecosystem while earning rewards in $PRO tokens.

Additionally, in the future, the community will be incentivized to provide loans for collateralized RWA NFTs via a secure protocol, developed by the Propy ecosystem of partners.

Onchain Titles & RWA NFTs

Property owners can elevate their addresses to onchain titles, enabling them to stake these titles or convert them into Real World Asset (RWA) NFTs. These NFTs facilitate easy sales or micro mortgages, opening new avenues for property transactions.

Propy keys screenshot 002

Trust & Security

Leveraging user trust, PropyKeys champions an onchain, open-source, and community-governed title registry. By replacing paper deeds with algorithm-based systems, the platform guarantees a trustworthy and secure environment for all users.

Get your real-world address minted today

Visit PropyKeys.com today to mint your real-world address onchain. Join the movement empowering accessible property transactions and ownership like never before. PropyKeys’s innovation embodies philosophical tenets—trust and transparency. The transition from conventional property registries to blockchain-based onchain titles instills trust in algorithms rather than centralized intermediaries. This philosophical shift reverberates beyond the real estate sphere, transcending into a broader societal paradigm that has started its rapid revolution with programmable decentralized money.

About Propy:

Propy is a pioneering platform leveraging blockchain technology to facilitate seamless transactions of real world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.



X (Twitter): https://twitter.com/PropyInc
Facebook: https://www.facebook.com/propyinc
Website: https://propy.com/
Media contact: [email protected]

Disclaimer: This press release contains forward-looking statements and should not be construed as investment advice. The actual results may differ materially from those projected in the forward-looking statements.

Market Haven Experts Post Special Analysis of Crypto Prospects After SEC’s BTC ETF Approval 12369

The green light for a Bitcoin-centric ETF by the SEC has sparked a buzz of anticipation in the crypto sphere. This pivotal move paves the way for a surge in crypto adoption as it integrates Bitcoin into more conventional, regulated financial avenues. Analysts at the reputable online brokerage brand Market Haven are now intensely scrutinizing every ripple in the cryptocurrency sea post this landmark SEC endorsement. This breakthrough ushers in a new epoch for traders to dive into crypto waters via Market Haven, where they can benefit from an optimum trading environment.

“The SEC’s approval of Bitcoin ETFs is not just a milestone, it is a catalyst that is set to electrify the entire crypto market,” stated Firstname Lastname, Market Haven spokesperson. “This fundamental decision marks a paradigm shift, signaling a wave of institutional investment and legitimizing cryptocurrencies in the mainstream financial arena. As the crypto landscape evolves with this new momentum, we stand ready at the forefront, committed to providing traders with an unparalleled platform that embodies the dynamism of this new era in crypto trading.”

A seamless channel to digital currency world

Market Haven is a prominent trading broker, incorporating high-tech features and facilities. The brand includes advanced educational content, news updates, a VIP program, and quick transactions that are vital in quick and effective decisions.

“At Market Haven, our brand is built on the cornerstone of empowering clients with revolutionary services, providing them with an optimal forum to capitalize on promising opportunities,” added Lastname, Market Haven spokesperson, “The anticipated launch of a spot Bitcoin ETF stands as a notable moment for the industry, expected to generate a staggering demand, potentially reaching up to $3 billion in the initial days. In this dynamic environment, we are dedicated to ensuring a seamless and rewarding experience for clients.”

About Market Haven

Market Haven is a reputable trademark among many other brands present in the market. The broker provides a wide range of trading instruments so that clients can have multiple markets at their disposal. Moreover, the brand offers a range of account types, starting from simple ones like Litecoin accounts to more sophisticated options like Rockefeller. Also, their referral program gives traders an extra bonus and enables them to make additional earnings when navigating financial markets. All in all, Market Haven maintains client-oriented services, thus establishing an attractive trading forum for aspiring participants.

Website: https://markethaven.com

UNS, The right project to participate in this Bull Run 12184

Who on the planet will miss a project based BEP20 Token that has proven 600% growth in just around 6 months after getting listed and has been protecting investors’ interest through its remarkable performance resulting in extraordinary ranking in CoinMarketCap between 500 and 700 with a watchlist of 103000+ and great following community across the globe in almost all major social media platforms? Looks like the BEST USE CASE in CRYPTO EXPO DUBAI 2023 was given to it only because of the traits the token possesses.

It’s none other than UNS, a project based multisector utility token. One must be curious and wondering how this kind of extraordinary growth became possible in such a short span of time. It just became possible because of the evergreen projects that the token depends on like business activities in Hydroponic farms in AGRICULTURE, Online and Offline courses in EDUCATION, Solar Power Plants in RENEWABLE ENERGY, Essential Medicines in HEALTHCARE, own DEX, CEX, BCT PLATFORM and GAMISM for the strong liquidity. UNS has already pilot projects going on in aforesaid Agriculture, Education, DEX etc and the rest of the projects are under development. UNS’ own BCT network is capable of processing 2000 transactions per second and can be witnessed in its testnet that is live at https://testnet.unscan.io.

To the question why UNS is taking this kind of a route in BCT industry in Crypto domain, the CEO of UNS Mr.Suresh Sathyanarayanan says, “Not only the traders’ mood swings and the news prevailing in the market should determine the price of a token or coin, but the profits made out of real life projects should back the token or coin and only then can we protect investors’ interest with standard liquidity”. He adds, “Investors’ and traders’ trust over UNS is important for us and that’s why we directly pump the complete profits made in the real life and BCT projects as well to the liquidity pools present in PANCAKESWAP and the centralized exchange/s UNS is listed on through on-ramping method”.

Looks like that’s the reason why UNS branded cars are running in the Hi~Tech roads of UAE with RTA Approval. UNS announced that it’s organising a Blockchain conference called BCT ENTHUSIASTS IN DUBAI from Apr 17 to Apr 2024 for 5 days, it has already invited 100 Blockchain Enthusiasts and Scientists to register their profiles in https://bctenthusiastsatdubai.com through various possible channels and it’s promised that all the selected 100 personalities will enlighten the whole world on emerging Blockchain Technology through their panel discussions and speeches in the conference. Notable point is that, UNS is sponsoring the complete travel, stay and food expenditure to all the100 Blockchain Enthusiasts and Scientists at Dubai between Apr 17 and Apr 21, 2024. All preparations are already on for the event. 900 are the maximum people who can participate in the conference and they’re also given the opportunity to register for the event now itself at https://bctenthusiastsatdubai.com.

People can visit https://uns.technology to see the complete team involved in the unique project with whitepaper and all other stuff anyone needs to do research about.

Understanding the potential of the UNS ecosystem, so many International Inflencers and National Influencers of different regions across the Globe in the Crypto Domain have already started recommending UNS TOKEN to people in Crypto space. CryptoAman YouTube channels and the respective social media platforms of theirs are consciously supporting UNS so that traders and investors land in safe hands. It’s reported that CryptoAman and many other influencers will soon have collaboration with UNS MOVEMENT to act with the fullest possible potential to take the ecosystem to greater heights.

Traders and Investors have been trading and investing at PANCAKESWAP and the CENTRALIZED EXCHANGE/S where UNS token is listed.

BetFury Unveils Innovative NFT Lootboxes in Its Expanding NFT Ecosystem 13260

BetFury has launched its latest innovation – NFT Lootboxes, marking a significant milestone in its NFT ecosystem. These Lootboxes feature a variety of rare NFTs and diverse rewards, offering a unique opportunity for participants in the world of crypto art and gaming.

Understanding NFT Lootboxes

NFT Lootboxes, inspired by popular gaming mechanics, offer a modern twist with their focus on crypto art as the primary reward. BetFury has developed these Lootboxes with an emphasis on quality, offering a chance of winning a range of prizes. This development signifies the beginning of BetFury’s venture into the NFT space, with a promise of more innovative offerings to come.

Diverse Rewards in BetFury NFT Lootboxes

BetFury’s NFT Lootboxes come in various forms, each offering different probabilities for dropping NFTs alongside other lucrative rewards such as cryptocurrencies (BTC, ETH, USDT, BNB, TRX), free spins, free bets, and BetFury’s native token, BFG. The Lootboxes are designed to cater to a wide range of preferences, with options available for different budgets.

A Remarkable Win: An Example of Success

An example of these Lootboxes is a recent BetFury user who won the Bored Ape Yacht Club #5663 NFT. While such high-value wins are rare, this event showcases the unique opportunities presented by BetFury’s NFT Lootboxes.

Why BetFury’s NFT Lootboxes Stand Out

BetFury’s Lootboxes offer access to some of the most sought-after NFTs in the market, including renowned collections like Wrapped Cryptopunks, BoredApeYachtClub, and more. This initiative aligns with BetFury’s mission to provide diverse, high-quality crypto entertainment options.

About BetFury

BetFury is a comprehensive crypto ecosystem offering a variety of entertainment and income opportunities. The platform’s BFG token is listed on multiple exchanges and is a cornerstone of the BetFury Staking program. BetFury also boasts an extensive range of games and sports betting options, complemented by competitive RTPs and attractive bonuses.

Revolutionising Financial Services: 369X Announces Its Public Pre-Sale 13363

369X Press release Banner 1920x1080 1

In a significant move to revolutionise the financial services industry, 369X proudly announces its upcoming public sale, slated for December 18th. This sale marks a pivotal moment in the journey of 369X, a groundbreaking cryptocurrency exchange platform designed to integrate various financial services seamlessly.

Introducing 369X: A Seamless Integration of Financial Services

At its core, 369X is not just another crypto exchange. It’s a comprehensive financial ecosystem adept at handling an array of services – from cryptocurrencies and fiat to stocks.. The platform is the brainchild of a team with extensive experience in the banking sector, aiming to solve the fragmentation in current financial systems.

The Public Sale: A Gateway to Innovation

The public sale offers an exclusive opportunity to be part of 369X’s journey towards simplifying financial transactions. Prospective participants can acquire the platform’s native tokens at a special pre-sale price, becoming early adopters of a system that promises ease of use, enhanced security and compliance with regulatory standards.

Price and Sale Details: Public Seed Round

  • Date of Sale: December 18th
  • Token Price: $0.12
  • Total Tokens Available: 18,000,000
  • Sale Features: Early access to platform features and potential for future benefits.

The Team Behind 369X

Guided by Francesco Porcu, Francesco Fiacchi & Marco Baggioli, veterans with decades of experience in the financial markets, and supported by a team of former FCA-regulated brokers and compliance experts, 369X is poised to address the inefficiencies in current financial exchanges. The platform is built on cutting-edge technology, ensuring reliability, scalability and a user-friendly experience.

Solving the Fragmentation Problem

One of the primary objectives of 369X is to bridge the gap between decentralised cryptocurrency exchanges and regulated platforms. This approach not only makes it easier for users to manage their assets across various platforms but also instils a sense of trust and security.

Join the Revolution

As 369X embarks on this transformative journey, we invite you to be a part of a movement that’s setting new industry standards. The public sale is not just an opportunity to purchase tokens; it’s an invitation to join a community that believes in a more integrated and efficient financial future.

Reserve Your Spot

Visit https://www.369x.io/ to learn more about the public sale and how you can participate. Join us in redefining the financial landscape with 369X – where complexity is made simple.

About 369X:

369X is a state-of-the-art Centralised Exchange, launching soon. They blend security, sophistication and accessibility to offer a seamless trading experience for both crypto enthusiasts and newcomers alike.

Envisioning a world where every wallet effortlessly holds both crypto and fiat, they merge the old with the new to create a financial ecosystem that’s inclusive and forward-thinking.

369X’s mission is to bridge the financial divide by offering a secure, user-friendly and globally accessible crypto trading platform. They will go beyond transactions to educate, empower and engage their community in the evolving financial landscape.

More ways to learn about 369X here:

Website: https://369x.io
Whitepaper: https://369x.io/whitepaper
X: https://twitter.com/369X_io
Telegram Community: https://t.me/english369x
Telegram Channel: https://t.me/official_369X