November 2, 2021 – Victoria, Seychelles

KuCoin, a global leading cryptocurrency exchange, announced the launch of ‘KuCoin fiat account,’ granting global users the access to deposit US Dollar (USD) to KuCoin using a credit or debit credit and purchase major crypto assets, including BTC, ETH, USDT and more.

The rapid expansion of the crypto industry is attracting a growing number of newcomers, while the first obstacle they may encounter is the conversion of fiat to crypto.

To build a fiat channel that is safer and user-friendly with lower fees, the fiat account feature has been launched on KuCoin to supplement its existing fiat-related services like P2P fiat trade and third-party fiat getaways like Simplex, Banxa and BTC Direct.

Johnny Lyu, CEO of KuCoin Global, said,

“As the ‘peoples’ exchange,’ KuCoin continues to improve the experience for all classes of crypto investors by introducing advanced products with less complexity and lower fees. The KuCoin fiat account will help get more intenders on board, contributing to the mass adoption of crypto ahead.”

The KuCoin fiat account first supports USD. Visa or Mastercard holders can deposit USD directly to KuCoin before converting it into supported crypto assets via ‘fast buy.’ KuCoin will support 50 more fiat currencies such as EUR, AUD, GBP and RUB in the near future.

To celebrate this launch, KuCoin will be holding a campaign to reward users. Every day from 18:00 UTC on November 2, 2021 to 18:00 UTC on November 5, 2021, the first 100 users who buy USDT via KuCoin fiat account using Visa, Mastercard or Balance can enjoy a 50% discount on their purchase.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange for over 400 digital assets.

It currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking and lending to its eight million users in 207 countries and regions around the world.

In 2018, KuCoin secured $20 million in Round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the fifth biggest crypto exchange. In 2021, Forbes named KuCoin as one of the best crypto exchanges for 2021. To find out more, visit here.

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Ashley Wang

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October 29, 2021 – Jakarta, Indonesia

Good Games Guild, the play-to-earn game hub, has closed its seed fundraising round collecting $1.7 million from a list of notable investors.

Specifically, NGC led the round with OKEx Blockdream Ventures, Chromia, LD Capital, Basics Capital, Twin Apex Capital, Kyros Ventures, Titan Ventures, Mapleblock, Fomocraft Ventures, ExNetwork Capital, Master Ventures, AU21, Signal Ventures, OIG, Dutch Crypto Investor, Alves Ventures, Kieran from Illuvium and Scorpio VC joining as well.

Good Games Guild is a gaming hub for play-to-earn games based on NFTs and collectible tokens. By sponsoring users in play-to-earn games – a phenomenon that recently gained major traction – and offering the possibility to collect and trade digital assets, Good Games Guild’s targets to become the largest virtual economy hub.

GGG will sponsor players who need to put up an initial deposit of NFTs to enter a play-to-earn environment. Players who already have assets within a game can rent them in exchange for a share of the renter’s profits, essentially putting their game assets to work.

The associated GGG token will entitle holders to rewards, exclusive content and DAO governance rights.

Aditia Kinarang, CEO of Good Games Guild, said,

“Good Games Guild is not just an organization – it is a movement. Our vision is that everyone can and should make a living by playing games, and this vision bonds players, game developers and content creators who have taken part in our movement. Thanks to all our investors, our goal of becoming the biggest metaverse economy, with millions of guild members in the future, is soon becoming a reality.”

Helen Liu, director of OKEx Blockdream Ventures, said,

“As play-to-earn games spread, Good Games Guild has explored the game frontiers, finding new ways to let players have fun. This is a hub for players, creators and voters – and that is what constitutes a DAO. Looking forward to seeing growth in the future.”

About Good Games Guild

Good Games Guild is a gaming hub that aims to create the largest virtual world economy by optimizing its owned assets to get maximum yield. GGG also sponsors play-to-earn gamers and invests in play-to-earn games along with their in-game assets.

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Aditia Kinarang, CEO of Good Games Guild

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October 28, 2021 – Eindhoven, Netherlands

Bistroo, the peer-to-peer food ecosystem based on blockchain, is delighted to announce that merchants now have the option to accept payment in multiple cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB).

This move significantly extends the existing payment options, which include fiat currency and the platform’s native BIST token. It also makes Bistroo the world’s first food ordering platform to embrace cryptocurrencies and blockchain.

Following a successful raise of over $8 million in May, Bistroo has already been working hard to enable payments with its native BIST token. Thanks to a collaboration with CoinPayments, token holders can now spend BIST at any of CoinPayments’ 100,000 merchants operating in over 200 countries worldwide.

However, Bistroo is now expanding the collaboration and further cementing its support for cryptocurrency adoption by allowing its customers to make payments in one of five major cryptocurrencies – BTC, ETH, BNB, LTC and BCH.

To further promote the adoption of cryptocurrencies, Bistroo temporarily doesn’t charge commission on all crypto payments. This gives merchants an even larger slice of their returns, and consumers receive a discount on their order. This discount is even larger when they choose to pay with the platform’s native BIST Token.

On the expansion into cryptocurrency payments, Bas Roos, CEO and co-founder of Bistroo, said,

“Bistroo is on a mission to set ourselves up on the global stage with our unique business model. The future is moving towards a protocol economy where parties can directly interact with each other – and Bistroo is taking the first steps in that direction, offering a better value proposition for the food ordering platform market. Enabling our users to transact in crypto is an integral part of that journey.”

Food ordering platforms have boomed over recent years, making it easy to enjoy our favorite meals at home – but they’ve also made it difficult for the restaurants we love to sustain their business.

Today’s platforms impose high fees on food merchants while controlling all data and payouts, as well as taking over customer relationships and loyalty. Ultimately, the model leads to higher costs for consumers and restaurants in the end.

Bistroo provides a peer-to-peer marketplace for food operators and customers that actually facilitates their connection instead of controlling it. The project launched its platform in 2020 and has since helped merchants reach over 25,000 customers and process over $2.3 million in orders, according to the live tracker on its website.

Merchants have full control over their payments, menu configuration, orders, promotions and analytics. They can transact directly with their customers and are paid instantly when orders are placed.

Listing on Bistroo now also gives restaurateurs and food operators the opportunity to easily expand their payments services into cryptocurrencies, while leveraging the substantial benefits of using a peer-to-peer platform.

Bistroo’s ultimate goal is to become a global leader in PaaS e-commerce technology for restaurants and food shops.

Bistroo.com aims to be the portal that will enable restaurants and specialty food stores all over the world to offer their products directly to their customers, for exceptionally low fees, instant payouts, and full control.

Crypto payments can also be made in the demo store using the testnet.

About Bistroo

Bistroo is a peer-to-peer marketplace for food and beverages, powered by the BIST Token. It’s a protocol where food consumption can be easily organized and personalized against significantly reduced fees.

Merchants are in full control of their payments, product selection, customer relations, orders, advertising and analytics. Customers can have direct relations with their favorite merchants, earn rewards and get food recommendations that fit their taste.

Since launching in early 2020, Bistroo has processed over $2.3 million in orders from 25,000 unique customers.

Website | Telegram | Twitter | YouTube

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Bas Geelen, creative and marketing director of Bistroo

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October 28, 2021 – London, England

XDEFI Wallet, the browser wallet built for speed, announced today its integration with Terra, the fourth-largest blockchain ecosystem by total value locked (TVL). While the integration was live for a number of weeks and undergoing testing, it is now live to all XDEFI Wallet users.

Émile Dubié, CEO and co-founder, said,

“I believe that UST serves a unique purpose as a decentralized stablecoin and will become a key component of the crypto ecosystem. Terra’s killer app is its accessible and UX-focused environment that caters for wider web 3.0 adoption. It is truly exciting to see how Terra has developed as a layer one and to see projects flourishing around UST.”

Terra is a programmable layer one blockchain protocol that offers a suite of algorithmic fiat-pegged stablecoins. Terra’s native LUNA token absorbs the short-term volatility of Terra’s stablecoins.

According to DeFiLlama, Terra has over $8.6 billion in TVL, and LUNA – the native asset of the Terra blockchain – hit $18 billion earlier this year. Over 60 projects are ready to launch on Terra in the next six to eight weeks, and over 100 have recently stated plans to launch by early 2022.

Do Kwon, CEO and co-founder of Terra, said,

“We’re thrilled to welcome XDEFI as a non-custodial wallet supporting the Terra ecosystem. XDEFI integrating Terra provides LUNAtics with one of the fastest and most user-friendly multi-chain wallets in the industry, including a customizable NFT display – which is soon to feature Terra’s booming NFT market.”

In addition to Terra, XDEFI Wallet supports eight other chains, including Bitcoin, Ethereum, Polygon, Binance Smart Chain, Binance Chain, THORChain, Litecoin and Bitcoin Cash. XDEFI Wallet is planning to add support for Avalanche, Arbitrum, Solana and others.

XDEFI Wallet also announced they will be working with Pylon to set up a liquidity program on Terra. Pylon is a suite of DeFi savings and payments products powered by user deposits that build on stable yield-bearing protocols such as Terra’s Anchor protocol.

Pylon enables sustainable exchanges between long-term value providers and their consumers through customizable deposit contracts and yield redirection.

Woojin Lim, co-founder of Pylon Protocol, said,

“Our protocol is excited to partner with XDEFI Wallet to open up Pylon pools on Pylon Gateway – Terra’s premier launchpad – and introduce yield-based deposit contract pools. We’re looking forward to working together in growing Terra’s ecosystem.”

Half of the funds that will be raised via Pylon will be used to fund early-stage projects of the Terra ecosystem. The community will be able to vote on how the funds should be allocated.

XDEFI Wallet is backed by a number of DeFi-centric funds and venture investors, having recently raised $6 million from Mechanism Capital, DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, Morningstar Ventures and CoinGecko, as well as DeFi builders like Darren Lau, Mark Zeller, Scoopy Trooples and Mariano Conti.

XDEFI Wallet unveiled the public release of its next-generation browser wallet on the Chrome store earlier this month, with over 35,000 users to date.

About XDEFI Wallet

XDEFI is the world’s fastest DeFi and NFT wallet. XDEFI Wallet users can use ‘ape mode,’ a revolutionary approach that ensures transactions are processed in the next block, across Terra, THORchain, Ethereum and EVM blockchains.

The wallet also displays NFTs from all chains in a single drag-and-drop grid. XDEFI Wallet’s team of around 20 is based around the world and backed by the leading names in DeFi and NFTs.

Contact

Christine Janumala

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October 28, 2021 – London, United Kingdom

Scallop is pleased to announce the native SCLP token made its way to PancakeSwap on October 28, 2021. Additionally, Gate.io trading went live on the same date. Providing broader access to Scallop’s ecosystem and asset, SCLP also achieved a world premier listing on the KuCoin platform today – briefly touching an ATH of $100 and is doing close to 20 times at the time of this publication.

Scallop brings its native asset to multiple major trading platforms. The listing of SCLP on KuCoin, PancakeSwap and Gate.io democratizes access to the asset and allows more people to use this ecosystem.

SCLP is the native currency for Scallop’s on-chain DeFi banking ecosystem and is required to access products, rewards and trading bonuses.

Paying fees on the Scallop platform is done through SCLP, as the asset resides on the Scallop Chain. For those unaware, Scallop Chain is the world’s first regulated blockchain.

Users pay fees for trading digital assets and using the on/off ramps to convert between fiat and cryptocurrency. Additionally, institutional clients can use SCLP to pay management fees on the platform.

SCLP is a BEP-20 token on the Binance Smart Chain. Its initial supply consists of 8,450,000 tokens – from a total supply of 100,000,000 – at an initial market capitalization of $1,267,5000.

Additionally, 23.5% of the tokens were allocated to strategic investors in Scallop’s seed funding round, with the remaining 76.5% reserved for the company’s business activities.

Raj Bagadi, CEO and founder of Scallop, said,

“The distribution of SCLP into the hands of the public is a primary objective for the token. It maintains the ethos of our overall vision – which is to accelerate the transition to a more equitable and decentralized financial system. The exchange listings represent fairer access for regular people. I’m extremely proud of the staking program, as it highlights the opportunities available in DeFi for the masses compared to traditional finance.”

Scallop is also kicking off its staking platform on October 28, 2021. The platform, found here, will provide users with premiums on top of traditional value holders.

As Scallop’s staking program provides freedom, it is not required to keep funds in a crypto wallet or exchange account. Moreover, it supports staking from 30 days, up to four years. Staking longer periods yields higher rewards up to 200% APY.

About Scallop

Scallop is an innovative fintech ecosystem for users who want a faster, more efficient way to manage their crypto and fiat in a single place securely.

Our mission is to bring digital assets into mainstream use and bridge the gap between decentralized and traditional finance. The company was incubated by leading blockchain project MahaDao.

Scallop allows users to buy, sell and leverage digital content using a built-in NFT marketplace synced with accounts, providing an extra layer of security and peace of mind.

They also can earn the best interest rates from DeFi protocols like Compound and Aave – with all the utility and none of the complexity. For more information visit the website.

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Karampal Singh

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