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Domino tells you what NFTs will look like in the future

Published

3 years ago

on

NFT will soon become a national carnival, especially when it is connected to fan culture. NFT is not just a collection, but also a symbol of fans like “Wakanda forever” in Marvel. NFT has become a status symbol and a new totem for different subcultural circles.

The NBA Top Shot card game has quickly become popular in 2021 from the public beta. The turnover of NBA Top Shot has now reached more than 200 million US dollars, ranking first in encrypted collections, about three times larger than CryptoPunks. NFT star cards also come in the form of short videos or GIFs, thus making star cards more diversified and attractive for collectors. Physical collections may be oxidized or damaged during the preservation process. Once NFT collections are digitalized on the chain, there will be no storage or transportation problems. NFT assets can be stored in digital wallets that greatly reduces the collection threshold and attracts more players. In addition, the stronger liquidity of assets on the chain gives NFT collections more ideal investment attributes.

Now NFT is subverting the market of traditional collections. such as games, music, and AR/VR have all begun to be combined with NFT. When BLOG appeared years ago, it began to lead the self-media trend, and follower platforms such as Facebook, Twitter, and Tik Tok has expand the market. When personal opinions began to occupy the mainstream in the media circle, everyone can express their opinions and lead topics. Now, NFT is also beginning to copy this process. In addition to the big brands such as Marvel and NBA that can enter the NFT field, individual users have also begun to emerge.

Domino is such an NFT platform. It is not only the blog, but also the Steam of the new era. You can do it alone, for example, publish your own art or music works on Domino. You can also set up a team or studio to publish your NFT games on Domino. You can even use Domino as a fundraising platform to complete your own NFT dream, as long as you can impress many NFT players on Domino, then everything is possible. This is the charm of the blockchain. Smart contracts bring infinite possibilities. They are like flowing water, which can penetrate into any corner, and at the same time have great tolerance and carry everything.

The core of Domino’s fulfillment of the blockchain spirit is the governance through DAO, in which DOM is produced in the form of DeFi to ensure absolute fairness on the platform. The more you contribute to Domino, the more you participate in, the more DOM you will get. Then you will have a greater right and get more platform revenue dividends. As you grow with the platform, and the platform also gives you rich returns.

DOM undertakes the following functions in the platform:

1) Dividend Rights: All users who hold DOM will receive dividends from the sales and circulation of NFT products on the Domino platform and enjoy Domino platform fee reduction

2) Governance Voting: As an open-source platform, major decision in the development of Domino will be voted by DOM holders;

3) Project Crowdfunding: Users can participate in the early crowdfunding of a single NFT project on the Domino platform through DOM, and get airdrop

4) Transaction Payment: Users can participate in the purchase and sale of NFT commodities such as NFT collections or game props through DOM.

Domino’s goal is to make sure everyone can easily create and hold NF , and make NFT more interesting. With Rarible and Opensea as pioneers, Domino will implement more forms of NFT, such as NFT dynamic protocols can trigger changes in response to corresponding events in the real world, such as casting, destroying, or changing its own attributes; NFT segmenting and recasting protocols can solve the segmenting and recasting of NFTs, and generate new value for the issued NFTs.

The combination with DeFi is the biggest highlight of Domino. The high liquidity of assets brought by DeFi will bring big changes in the NFT market. Essentially, DeFi is a financial system, governed by code rather than any organization, called a smart contract, to ensure that members of the DeFi ecoystem follow the rules, thereby ensuring the successful operation of the system. However, the operation of this ecosystem is determined by the mechanism this code follows and the standards this code contains, which is the role of the DeFi governance model. The core of DeFi’s popularity is the issuance of governance tokens. Governance tokens generation through DeFi liquidity mining are the fairest token release logic at present. As this method is being spread to the NFT market, and the output of governance tokens is carried out by trading or staking NFT, which has been proven feasibility on platforms such as Rarible. On Domino, there will be more combinations of NFT and DeFi. For example, in card games, players can rent out game cards to help other players to clear the game or gain revenue. More and more combined gameplay will continue to be used in the actual application of NFT.

Domino’s first DeFi application will enter the market in July 2021, which will accumulate the first users for Domino, and then the NFT issuance and trading platform will be launched. This is the starting point for Domino ecological applications and the combination of NFT and DeFi. We can all wait and see what new changes Domino can bring to this market.

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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

17 hours ago

on

November 23, 2024

By

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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Cloud PR Wire

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Press Release

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

Published

17 hours ago

on

November 23, 2024

By

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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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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Press Release

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

Published

17 hours ago

on

November 23, 2024

By

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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