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A rising star of DeFi : Whale Network

Published

4 years ago

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DeFi( decentralization finance) heat lasted a whole year. DeFi locked value rose from $2 billion in July to $11 billion in October, Throughout July and August, A number of DeFi Token appreciate more than 5-10 times. DeFi projects are popular. And this summer, NFT markets have also seen explosive growth, Trading volume soared 57%, bringing the market value of the industry to about $100 million. Investors involved in involved in the DeFi are profitable. Now, Developers are feverishly designing platforms that use NFT in innovative and surprising ways. A number of project parties and investors have turned their attention to“DeFi+NFT”, and this combination gives NFT more opportunities.

 The new agreement in the art market allows you to divide the NFT into thousands and then regroup; the game platform sells land for a decentralized virtual world; and the loan agreement accepts NFT as collateral.

Whale Network NFT casting system

The full name of the NFT is Non-FugibleToken, meaning “non-homogeneous token “, which means that each token of this kind is unique and the price is different. Whale Network is committed to providing users with an open, equitable and interconnected decentralized financial ecosystem. In the project 1.0 plan, the Whale Network provides users with a variety of decentralized financial services from asset exchange to the implementation of automatic trading strategies to the creation of stable coins. Development Whale Network further improve its services by allowing users to mortgage real-world assets as collateral and borrow from them. To achieve this ideal, Whale Network 2.0 program, the NFT casting system, was born.

 Physical assets NFT is a very promising industry, because the market space of physical assets themselves is already very large, and through the Whale Network NFT system, the ownership of property is now represented by the ownership of tokens. Transaction costs have now been reduced to the gas fee required to send NFT only to another address.

But the most critical problem of physical assets is the need for credible third parties to issue and accept NFT. To link NFT market trends, Whale Network will create a sound physical chain mortgage ecology through the DAO governance mechanism. Whale Network will start the first step of physical mortgage through cooperation with offline third-party trusteeship institutions and property management institutions to realize the chain mortgage of all things. Through the Whale Network NFT system, the regional restriction of real estate investment will be broken based on block chain technology, and the ownership of assets will be represented by token ownership, which will reduce the transaction cost.

Whale Network, as a pioneer practitioner of NFT chain, is steadily advancing the NFT casting system so that users can easily place real-world assets as collateral, borrow and mine, and lead the exploration of business innovation and application scenarios in the NFT industry. Whale Network believe that NFT will be the next step in DeFi development, more real-world assets on the chain, let more users benefit, is the mission and vision of Whale Network. Future Whale Network will have more development!

At present, the DeFi market is still in the early stage, the opportunity is huge. DeFi sector currently has more than $8.6 billion in locked assets, and the overall encrypted asset market value is about $350 billion, but it is still very small relative to CeFi. The GDP generated by the centralized financial system is very large. For example, the average 4.5% of the $20 trillion GDP, in the United States is generated by the financial industry, the traditional financial markets are millions of dollars, and the assets of the whole encryption field are less than 0.1% of its size.

“The GDP generated by these centralized financial services will be DeFi replaced in the future, including the chain of physical assets brought by NFT, and the opportunities for future development will be enormous, and Whale Network are trying to achieve it .” — said Thomas Kuhn co-founder of Whale Network.

Recently, Whale Network’s Whale Token is about to launch an initial public offering on uniswapex, Whale platform coin （WT） is the Whale network proof token, Has a variety of use scenarios. As the Whale Network delegate share of consensus rights, holders of the WT will directly participate in the consensus proxy vote. First, Users can pledge WT and get a series of stable coins such as WUSD. As the platform’s value exchange medium, WT can be used to pay for the consumption of resources within the community, the functions of the exchange platform, the consumption and the circulation of digital assets, and consumption and resource exchange of Whale ecology (e.g. GAS needed to use Whale-NFT). In addition, WT will be rated as a Whale crowdfunding platform, Decision voting, Exchange recommended items on the currency rights and other governance tokens. At the Whale strategic exchange, WT can be used as exchange platform currency, In addition, WT tokens can also be used for decentralized multi-scene market forecasting, Used to build markets, Transactions, Report and liquidation.

Uniswapex（uniswapex.vip）, founded in 2018, is an innovative global digital asset exchange with a legal financial license supervised and issued by the Financial Crime Enforcement Agency of the of the United States Treasury Department. Business scope covers digital asset transactions and digital asset management and other aspects.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

Published

1 day ago

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November 23, 2024

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DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

Published

1 day ago

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November 23, 2024

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DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

1 day ago

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November 23, 2024

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DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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