Darya is a crypto enthusiast who strongly believes in the future of blockchain. Being a hospitality professional, she is interested in finding the ways blockchain can change different industries and bring our life to a different level.
From Dogecoin to $Trump: everything you need know about the wild world of meme coins The Guardian
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‘It’s almost dirty money’: the older generation of crypto investors benefiting from the ‘Trump pump’ The Guardian
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Bitcoin clears $93,000 and Dogecoin soars amid Trump-fueled crypto rally The Guardian
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The first transactions within the pilot included fund subscriptions and redemption of the tokenized fund represented as a smart contract. Notably, UBS used its own UBS Tokenize platform to conduct the transactions.
Swiss multinational investment bank and financial services company UBS Asset Management (SWX: UBSG) has launched the first pilot of a tokenized Variable Capital Company (VCC) fund – a new legal entity form for all types of investment funds in Singapore. The fund is a part of the Project Guardian initiative run by the Monetary Authority of Singapore (MAS).
The Project Guardian aims to drive faster settlement, greater operational efficiency, and more effective cross-border distribution for capital market instruments on digital asset networks. The pilot launched by UBS seeks to enhance fund distribution and facilitate improved secondary market trading of VCC fund shares, thereby reaping industry-wide operational efficiencies.
Thomas Kaegi, Head of UBS Asset Management, Singapore & Southeast Asia, commented:
“This is a key milestone in understanding the tokenization of funds, building on UBS’s expertise in tokenizing bonds and structured products. Through this exploratory initiative, we will work with traditional financial institutions and fintech providers to help understand how to improve market liquidity and market access for clients.”
The first transactions within the pilot included fund subscriptions and redemption of the tokenized fund represented as a smart contract. Notably, UBS used its own UBS Tokenize platform to conduct the transactions.
Further, UBS is planning to expand its partnership network for the project as well as explore other investment strategies in future live pilots.
What Is Project Guardian?
Back in May 2022, the Monetary Authority of Singapore (MAS) announced Project Guardian – an initiative to facilitate “best practices and technical standards” in the financial ecosystem and test the feasibility of applications in asset tokenization and DeFi while managing risks to financial stability and integrity. In June this year, the Japan Financial Services Authority (FSA) joined the project.
Among the objectives of the project are industry pilots with traditional financial institutions and FinTechs to understand opportunities and risk areas, safe development of the ecosystem using industry experiments and research as a reference, and establishing a proper governance model for the industry.
By now, a number of pilots have been launched. UBS VCC fund is one of them. Earlier, a technical pilot on the issuance and distribution of a digitally native structured product was completed by HSBC, Marketnode, and UOB. As we have reported, this pilot proved that the structured product chain could offer faster issuance and settlements at lower costs.
Another pilot has been completed by DBS Bank, JPMorgan, and SBI Digital Asset Holdings. The organizations mentioned conducted foreign exchange and government bond transactions against liquidity pools comprising tokenized Singapore Government Securities Bonds, Japanese Government Bonds, Japanese Yen (JPY), and Singapore Dollar (SGD). A live cross-currency transaction[3] involving tokenized JPY and SGD deposits was successfully conducted.
One of the pilots being carried out nowadays within Project Guardian is a repurchasing agreement (repo) with natively issued digital bonds. DBS Bank, SBI Digital Asset Holdings, and UBS AG are in charge of the test. This part of the project is about greater flexibility, operational efficiency, faster settlement, and increased efficiency for cross-border distribution and settlement of capital market instruments on digital asset networks.
Elon Musk accused of insider trading in Dogecoin lawsuit The Guardian
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Twitter changes logo to Dogecoin cryptocurrency image in apparent late April fool’s day gag The Guardian
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As the crypto market starts to put in bullish structure, it’s time to consider the crypto bear market all but over. That’s why it now represents one of the best opportunities to pick up leading crypto projects at a deep discount, considering their long-term value.
Whales have been slowly accumulating three tokens in particular: Tron (TRX), Cardano (ADA), and Chronoly.io (CRNO). Today, we’ll show you exactly why you need to be bullish on these tokens.
Tron (TRX) keeps growing
Tron (TRX) is the ecosystem that seems to do it all. It originally started as a platform for creators to be directly rewarded by viewers, cutting out restrictions from larger video-sharing platforms like Youtube and Facebook. Now, it’s developed into a platform for decentralized apps (dApps), DeFi, and other crypto tokens to build on.
In terms of DeFi, Tron has done particularly well recently. There has been $5.7b locked on the chain for two months now, which is much more consistent than other networks.
Meanwhile, in its latest weekly report, Tron announced that a further 900k accounts had been added, as well as constant developments paving the way for the future of Tron. This user growth, combined with a promising future, makes TRX one of our top buys right now.
Cardano (ADA) is booming ahead of its hard fork
With the Vasil hard fork imminent, now could be the perfect time to buy Cardano (ADA). The Vasil hard fork is intended to significantly improve scalability and speed on the biggest Ethereum killer’s network – a much-needed improvement given its recent comparison to other Ethereum killers.
But this event on the 22nd of September could be the catalyst to propel Cardano into the stratosphere. The Vasil hard fork has the potential to facilitate a new wave of dApps built on the Cardano network after its scalability issues have been solved.
Chronoly.io (CRNO) has the best long-term potential
Chronoly.io (CRNO) is perhaps the best buy on this list when taking into account its recent growth, its current price, and its future trajectory. Chronoly.io (CRNO) is the leading utility project right now, and nothing like it has been seen before in the crypto space.
Put simply, Chronoly.io (CRNO) is a decentralized marketplace for trading in shares of luxury watches. The team behind Chronoly.io (CRNO) has minted several fractionalized NFTs of rare watches that allow anyone to invest in luxury timepieces for just $10! They hold brands like Rolex, Audemars Piguet, and Richard Mille in their bank vaults across the globe, ready to be redeemed once you own 100% of the NFT.
Given the growing popularity of luxury watches and money flooding into the market, Chronoly.io (CRNO) is set to be big. But the best part is, Chronoly.io (CRNO) is heavily undervalued right now. It’s worth $0.079 per token and is already up 690% from its launch price of $0.01.
Presale finishes at the end of September, and crypto experts have forecasted that Chronoly.io (CRNO) could launch to the public at around $0.50 to $1. If a potential 10x gain by the end of the month sounds interesting, we’d recommend picking up some Chronoly.io (CRNO) right now.
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Presale: https://presale.chronoly.io/register
Twitter: https://twitter.com/Chronolyio
In light of recent events happening in the crypto market, analysts and experts are suggesting that investing in the new coins soon coming to the market like Mehracki (MKI) should be worth considering. This could act as a hedge in case the established coins and platforms like,m Cardano (ADA) and STEPN (GMT), do not bounce back. 
Mehracki (MKI) –
Mehracki originates from the Greek word ‘Meraki’ which best defines an individual that is ready to put his heart, soul, love and creativity into everything they do. The creators of Mehracki changed the name of their meme token because they found that the crypto users were uninterested and worn out. This is why the best way to illustrate this feeling was through using the word ‘meh’, it also ties into crypto’s meme coin theme.
Once launched, their goal is to give their users the freedom to make transactions using MKI tokens, bypass extortionate intermediaries, and put together a referral and feedback system. Mehracki’s ambition is to revitalise the art of self-care by building an ecosystem that supports meme sharing, tourism and travelling ventures.
One of the development team’s main motivations is to build an ethos and culture that will gradually grow as its enthusiastic community puts the love back into the crypto world, one laugh at a time.
Cardano (ADA)
Cardano is a third-generation blockchain. Cardano’s coin is named ADA after Ada Lovelace, the daughter of the great British poet Lord Byron. Cardano is a proof-of-stake (PoS) blockchain which was the first to be established on peer-reviewed research and refined through evidence-based practices. It combines advanced technologies to support unparalleled security and sustainability to decentralised applications, societies and systems.
With a dedicated team of engineers, Cardano aims to reshuffle power from unaccountable structures to individuals and be an enabling force for progress and positive change.
STEPN (GMT)
If you are a person who likes to run, jog or just go for a nice walk and you would like to earn money whilst doing this, then STEPN (GMT) is the right platform to do so. STEPN is the first-ever platform to create a move and earn concept. It is a lifestyle app which has incorporated both GameFi and Social-Fi elements, finishing fourth place out of 500+ projects at the Solana Ignition Hackathon in 2021.
The STEPN users will equip themselves with sneaker NFTs that they will go on to use in-game, as well as earning game currency which in turn can be cashed out for profit. The Social-Fi aspect of STEPN is to create a durable platform using Web 3.0 content, while simultaneously aiming to push millions of people to healthier lifestyle choices and attempting to combat climate change with GameFi.
Final Verdict
To sum up, all the coins mentioned in this article can help any crypto beginner build their portfolio and also allow them to explore the NFT, and GameFi sectors which are growing fairly fast. Investing in Mehracki could bring potential returns on your investments as it is still in its presale stages and shows promise of rising in value once launched.
KEYWORDS: Crypto, GameFi, Mehracki, MKI, Cardano, ADA, STEPN, GMT,
Mehracki Token (MKI)
Presale: https://buy.mehracki.io/register
Website: http://mehracki.io
Telegram: https://t.me/Mehracki_Official
Dogecoin (DOGE) and Shiba Inu (SHIB) Might Have Something To Fear With New Meme Coin Mehracki Token (MKI) Guardian Nigeria
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The Upcoming Crypto – FIREPIN Token (FRPN)
FIREPIN Token (FRPN) is a diverse society striving to achieve a brighter future. The goal is to grow a large community in the crypto world while increasing the FIREPIN Tokens value in the long run. The platform promises three core values to promote long term rapid rise beginning with trust, openness, and community. If you also want to be a part of the FRPN future, the community is open to everyone from all walks of life and an array of viewpoints. FIREPIN Token is open to using numerous metaverses by becoming a multi-swap DAO. It will be a currency for metaverse space transactions.
What stands out to potential investors is the unique way it can be utilised across multiple major blockchain networks such as Ethereum (ETH), Polygon (MATIC), and Binance Smart Chain (BNB). Determining user participants will anticipate the addition of more chains, as the platform serves as a bridge across numerous blockchain networks. Now is the time to invest in your crypto wallet as FRPNs performance has risen meaning it could become one of the most expensive coins on the crypto market. Becoming a part of the community means being an active participant in vital choices defining the future of FRPN.
Crypto For Steady Comebacks – Cardano (ADA)
If you believe in creating change in the global financial market, then look no further as this blockchain platform believes in a community of innovators and visionaries. Cardano (ADA) provides the essential tools and technologies to achieve its goal of a positive change. The core beliefs to preserve the platform and improve the community are people, purpose, technology, research, and opportunity. In the global society, Cardano brings a new standard in technology, by improving how we interact, transact, and create.
There are plans to develop Cardano Hydra which could spike the price higher. Investing in ADA means a cheaper, faster, and more secure blockchain to make the most out of your crypto wallet. Although the platform has been slowly increasing it still holds a high current CoinMarketCap ranking at #8. As of today, the current price stands at $0.535741 with a 24-hour trading volume of $2,902,913,376. Cardano is up 4.70% in the last 24 hours. With a live market cap of $18,082,644,998.
Shiba Inu (SHIB) is creating waves in the cryptocurrency market
Shiba Inu (SHIB), created by a secret developer termed Ryoshi, was established in August 2020 with a vast number of token supplies. Also known as the meme cryptocurrency in the market, it is the 15th most valued cryptocurrency in the industry. Since the start of May, Shiba Inu has gained nearly 7000 holders. SHIB unlike Bitcoin is not scarce and believes the community should fully run the cryptocurrency cycle. It is known as the alternative to another competitor Dogecoin (DOGE), similarly both with an initial circulating supply of one quadrillion coins. SHIB is also compatible with the Ethereum ecosystem.
Which has opened new opportunities for crypto apps like ShibaSwap created by “SHIB army” community members. This way intermediary is not necessary when users trade and stake tokens. The Shiba Inu price today is $0.000012 with a 24-hour trading volume of $381,064,245. The current CoinMarketCap ranking is #16, with a live market cap of $6,547,403,226. The growing platform continues to stay in the top 20 in the cryptocurrency market with plans to create an NFT platform and DAO-based governance system for the Shiba ecosystem.
For more information FIREPIN Token (FRPN):
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
Telegram: https://t.me/FIREPINOFFICIAL
Keywords: FIREPIN Token, FRPN, Crypto, Blockchain, Cardano, ADA, Shiba Inu, SHIB.