WHAT IS ENZYME COIN?

Enzyme enables the creation and scaling of your chosen investment strategies, from discretionary and robo to ETFs and market making. The second-generation smart contract-based platform is extensively tested and audited before any mainnet deployment.

What is Enzyme (MLN)?
Formerly known as Melon Protocol, Enzyme Finance is a protocol built on Ethereum (ETH) that allows users to create, manage, and invest in custom crypto asset management tools.

Enzyme aims to decentralize traditional asset management, historically the domain of professional financial advisors and firms. The idea is to reduce entry barriers into asset management with the MLN cryptocurrency, thereby providing access to more global consumers.

For example, managed funds typically require a minimum investment amount and management fees, which can make these wealth tools inaccessible to the average consumer. Today, the capabilities to create asset management funds, requiring significant capital and legal counsel, are also out of reach. Moreover, filing documents for a fund can take years.

At this point, Enzyme aims to create an alternative system. Using the project’s web portal, users can invest in funds and portfolios initiated by other users, and other users can invest in their creations. The Enzyme Finance protocol uses the MLN cryptocurrency to execute various transactions on the platform.

Enzyme Finance, formerly Melon, was built by Melonport, a private company founded in 2016 by former Goldman Sachs Vice President Mona El Isa and mathematician Rito Trinkler.

Between 2017 and 2018, 1,250,000 MLN cryptocurrencies were created and distributed by the Switzerland-based company. Melonport raised $2.9 million in an ICO in 2017. In 2019, after delivering the first version of the Enzyme Finance protocol, Melonport was dissolved and its management was transferred to the Melon Council, a decentralized autonomous organization (DAO).

How to Buy Enzyme Coin?
MLN Coin can be quickly and securely purchased through Binance. #Write2Earn

OASYS BLOCKCHAIN TO POWER Com2uS’s web3 EXPANSION IN JAPAN

South Korean game publisher Com2uS has entered into a partnership with the Oasys blockchain project to enhance its web3 gaming infrastructure.

The latest collaboration aims to expand Com2uS’s presence in the Japanese market, which is recognized as the world’s third-largest gaming market.

The Oasys network, known for its affiliations with major gaming firms like SoftBank, Sega, and Ubisoft, will provide technical support to Com2uS and its blockchain subsidiary XPLA. The goal is to establish a new layer-2 network that aligns with Japan’s local regulations.

Com2uS plans to launch two web3 games in Japan within the first half of 2024. These games are based on “globally recognized” intellectual properties (IPs), signaling a significant step into the Japanese gaming scene. Paul Kim, the XPLA Team Lead, emphasized the importance of this move for accessing the vast Japanese gaming community, estimated at 55 million players.

Furthermore, Com2uS intends to integrate its flagship game franchises, including ‘Summoners War: Chronicle’ and ‘The Walking Dead: All Stars,’ onto the Oasys network. This transition is expected to not only boost the visibility of these games but also leverage the technical advantages of the Oasys blockchain for an enhanced gaming experience.

The Oasys blockchain distinguishes itself through a combination of a layer-1 blockchain and an Ethereum-compatible, Optimistic rollup-based layer-2 scaling solution. The architecture allows for the creation of individual game versions, or “Verses,” tailored to the needs of different game developers. Com2uS, a pioneer in mobile game development in South Korea and an Oasys validator, will introduce its own XPLA Verse.

This partnership spurred a significant increase in the Oasys token (OAS) value, which surged 22% to $0.1421. This reflects the market’s optimistic outlook on the collaboration’s potential to drive innovation and growth in web3 gaming.

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🚨🚨Ethereum NFTs Are Back so Booming – Another EtherRock NFT Has Just Sold For $700K

Non-fungible token collections hosted on Ethereum, one of the largest blockchain networks in the crypto space, are back in action after suffering a brutal comedown in the past several months. An EtherRock NFT #19 is a testament to the Ethereum NFT market resurgence, selling for 279 ETH or $739,015.
Data recorded by Etherscan.io, a blockchain explorer for the Ethereum blockchain, confirms that an Ether Rock #19 has just sold for $739,015 on the OpenSea NFT marketplace just nineteen hours ago. A few hours ago, another EtherRock #46 sold for $496,668. The EtherRock sales, alongside other NFT sales, have pushed the global NFT trading sales volume above $36 million.

Launched in 2017, EtherRock was one of the first crypto collectible non-fungible token collection projects on the Ethereum blockchain network, having launched just a few months after CryptoPunks NFTs. EtherRock, an NFT collection featuring a limited supply of 100 Ethereum NFTs, gained traction during the historic 2021 bull run.
Pandora, an NFT collection featuring a fixed set of 10,000 NFTs hosted on the Ethereum network, is today’s most traded NFT collection. In the past 24 hours, the Pandora NFT collection has amassed a trading sales volume of $7.3 million. Pandora NFT collection has cooled off after a short rally.

CrytoPunks, an NFT collection previously from the digital asset incubation studio but now owned by Bored Ape Yacht Creator Yuga Labs, is another top-traded Ethereum NFT collection. In the past 24 hours, CryptoPunks, an NFT collection featuring a limited set of 10,000 NFTs, has amassed a trading sales volume of nearly $1 million.

Elsewhere, the Solana-based NFT collection led by Transdimensional, Mad Lads and Froganas has seen a significant surge today. In the past 24 hours, the Transdimensional NFT collection has raised a trading sales volume of $1.1 million, while the Mad Lads have raised a trading sales volume of $929,601.

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Less than 8% of institutional traders believe in blockchain, JPMorgan says

According to a recent survey conducted by JPMorgan among more than 4,000 institutional traders, an alarming shift in confidence can be noticed, as only 7% of respondents retain confidence in blockchain technology as a prospective asset over the next three years.

The figure marks a 72% significant decrease from 2022 when 25% of respondents viewed blockchain as a promising technology. Despite this decline, blockchain technology still holds the third position in terms of prospects, following API integration (13%) and artificial intelligence/machine learning (61%)

Regarding crypto, the survey found that 78% of respondents have no plans to trade digital assets, while 9% said they are already engaged in crypto trading. Additionally, 12% of respondents are considering entering the crypto market within the next five years.
It appears that the bottom is nowhere in sight, as reported by Galaxy Digital in Q3 2023. Both the number of deals completed and the total capital invested, marked the lowest figures for blockchain and crypto since Q4 2020. Analysts at Galaxy Digital note that the venture capital fundraising environment remains extremely challenging, but “may be improving.”

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