SEC takes aim at Binance and Coinbase over securities violations.

Coinbase also charged for the unregistered offer and sale of securities in connection with its staking-as-a-service program. According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States. The U.S. regulator pressed 13 charges against Binance, including unregistered offers and sales of the BNB and Binance USD tokens, the Simple Earn and BNB Vault products, and its staking program. 

The United States Securities and Exchange Commission (SEC) filed a suit against Binance, its U.S. platform and CEO Changpeng Zhao (CZ) in the District Court for the District of Columbia on June 5. In addition, the SEC alleges in the suit that Binance failed to register its Binance.com platform as an exchange or a broker-dealer clearing agency. Further, it claims Binance and BAM Trading Binance.US legal entity failed to register Binance.US as an exchange, broker and clearing agency. CZ was sued as a “controlling person.”

According to the SEC’s complaint, since at least 2019, Coinbase has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities. The SEC alleges that Coinbase intertwines the traditional services of an exchange, broker, and clearing agency without having registered any of those functions with the Commission as required by law. The SEC’s complaint also alleges that Coinbase’s holding company, Coinbase Global Inc. (CGI), is a control person of Coinbase and is thus also liable for certain of Coinbase’s violations. The SEC’s complaint also alleges that Coinbase’s holding company, Coinbase Global Inc. (CGI), is a control person of Coinbase and is thus also liable for certain of Coinbase’s violations.

Among the allegations behind the charges are claims that Binance failed to restrict U.S. investors from using Binance.com and that Binance.US engaged in wash trading through its “primary undisclosed ‘market-making’ trading firm Sigma Chain,” which is owned by CZ. In addition, the suit claims that funds from Binance and Binance.US were commingled in an account controlled by CZ-associated Merit Peak Limited. 

These charges echo complaints filed by the Commodity Futures Trading Commission on March 27. CZ denied those charges in a detailed blog post. The SEC is demanding permanent enjoinment on Binance and CZ from further activities, disgorgement of ill-gotten gains with interest and financial penalties.  The suit claims that tokens traded on the Binance exchange were securities. Those tokens are BNB, BUSD, Solana, Cardano, Polygon, Filecoin, Cosmos, the Sandbox, Decentraland, Algorand, Axie Infinity and COTI. Binance and Binance.US responded separately to the suit. Binance. 

Crypto Scope - 

The SEC's lawsuit against Binance and Coinbase underscores the importance of regulatory compliance in the crypto industry. Unregistered securities operations can have serious consequences, and it's crucial for platforms to adhere to the legal requirements to protect investors and maintain market integrity.

US stated in a tweet the SEC’s claims are its “latest example of regulation by enforcement.” The suit “is baseless and we intend to defend ourselves vigorously”. Also, “Any allegations that user assets on the Binance.US platform have ever been at risk are simply wrong,” Binance.com said. “The SEC’s actions here appear to be in service of an effort to rush to claim jurisdictional ground from other regulators and investors do not appear to be the SEC’s priority.” 

Allegations against Binance are not new. An SEC investigation of Binance reportedly began in June 2022. Binance has called reports of mismanagement of funds “conspiracy theory.” Lastly, the SEC appreciates the assistance of the multi-state task force of ten state securities regulators led by California that also includes Alabama, Illinois, Kentucky, Maryland, New Jersey, South Carolina, Vermont, Washington, and Wisconsin.

#Binance #SEC #Coinbase #CryptoScope #Morfolabs

CryptoScope by Morfolabs

AURORA ID x Crypto Scope

We are thrilled to announce the partnership between Crypto Scope and Aurora Indonesia. This collaboration brings together two leading entities in the blockchain industry, paving the way for enhanced innovation and development opportunities in Indonesia's crypto landscape.

Aurora is an Ethereum Virtual Machine created by the team at the $NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform, with low transaction costs for their users.

Aurora Official has tweeted about the partnership.

The Aurora environment consists of the Aurora Engine, a high-performance EVM (Ethereum Virtual Machine), and the Aurora Bridge, which facilitates trustless transfer of ETH and ERC-20 tokens between Ethereum and Aurora, providing a seamless user experience.

Although Aurora operates as an independent, self-funded initiative, it leverages the shared DNA team and continuously evolving technology of the NEAR Protocol.

The governance of Aurora takes a hybrid form, with the Decentralized Autonomous Organization (AuroraDAO) being complimented by a traditional entity that holds one of several seats in the AuroraDAO.

About Aurora 

Aurora is a Layer-2 Ethereum built on the NEAR Protocol. It offers 1000x lower transaction fees than Ethereum, with transaction times of 1-2 seconds. Aurora fully integrates with Ethereum, including the use of ETH tokens and all the features and tools available outside of Ethereum. Aurora also provides a Rainbow Bridge that enables two-way transactions from Ethereum, including ERC-20 tokens.

A Thriving Ecosystem 

Aurora has attracted significant attention and adoption from top crypto projects. Notable names like NEAR, The Graph, Curve, Gnosis Safe, Synapse, and Covalent have chosen Aurora as their preferred platform for building decentralized applications. This thriving ecosystem provides a supportive environment for developers, fostering collaboration and driving the growth of Web3 technologies.

Aurora updates as of June 16, 2023:

The Fast Rainbow Bridge is now available!

Audit One publishes an audit report on Fast Rainbow Bridge.

Aurora celebrates its one-year partnership anniversary with Brave.

The new episode of "Meet Team" features Alex Krasinskyi, Team Leader of the Aurora Labs Relayer.

Alex Shevchenko shares his views on MiCA with Cointelegraph.

Ecosystem Updates:

Wallet Connect v2 is now available for the Rainbow Bridge.

QuestN integrates with Aurora.

Community Updates:

Dapp Radar hosts a Twitter Space with Alex Schevchenko titled "Battle of L2s by Dapp Radar."

Aurora India publishes a thread about the differences between Polygon and Aurora.

Encode and NEAR Horizon will hold a workshop on ERC-6551 and gasless transactions on Aurora Cloud on June 27th.

Aurora Latam organizes developers' educational courses with Solow partners.

The launch of the AuroraPlay portal and testing of HunterBet 2.0.

The partnership between Crypto Scope and Aurora Indonesia represents a significant step forward in the evolution of blockchain technology. With Aurora's high performance, Ethereum compatibility, and seamless integration with the existing Ethereum ecosystem, we are well-positioned to drive innovation and unlock new possibilities in Indonesia's crypto landscape. Together, we will continue to push the boundaries of what's possible in the blockchain industry, paving the way for a decentralized and inclusive future.

#Aurora #Partnership #blockchains #CryptoScope

CryptoScope by Morfolabs

The world of blockchain technology continues to push the boundaries of innovation, and the latest development is set to harmonize the blockchain with the art of music creation. An unprecedented move has been made on bitcoin blockchain, marking it with a song engine called “Descent Into Darkness Music Engine” which shows an endless range of possibilities when art and technology come together.

Recursion inscriptions, which have recently been developed in the Ordinals Community, allow this remarkable achievement to be achieved. In the same way as NFTs, aliases were able to designate different data file formats on a Bitcoin blockchain and extend its use in other ways than just transactions. With recursive inscriptions, the Ordinals are now able to communicate with each other and create interconnected projects and applications.

Developed by the pseudonymous indie developer Ratoshi, the Descent Into Darkness Music Engine serves as a companion to Ratoshi’s text-based RPG of the same name. Ratoshi was able to create a collection of retro inspired “chiptune” tracks which can be instantly produced by anyone, through the input of several keywords, using OpenAI’s ChatGPT capabilities. As a result of this particular combination of Blockchain technology and artificial intelligence, we have produced an innovative music experience paying tribute to the classical sound of old video games.

A significant limitation of Bitcoin’s blockchain, the storage capacity, has also been addressed by the introduction of recursive inscriptions. It has proved difficult to classify massive projects on the Blockchain when 4MB of block storage capacity is limited. However, recursive inscriptions make it easier for developers to retrieve data from a prescribed object and thus significantly reduce the size of subsequent entries. This breakthrough is more than a boost for storage efficiency, but it also mitigates costs associated with the implementation of OnChainscribing projects. No longer can developers use layer 2 solutions for scaling inscription data at the base blockchain layer.

Ratoshi shared that recursive inscriptions are helping to reduce costs significantly, as opposed to paying substantial network charges for each inscription on a larger scale project. Developers can save significant amounts of Bitcoins in the long run, when they pay little to no fee for further inscriptions. This newfound affordability will lead the way to a new wave of innovativeness in the Ordinals community, as developers are given access to fresh opportunities for media and applications on Bitcoin’s blockchain.

ord - fully on chain music engine

The potential impact of recursive inscriptions extends beyond music creation. The use of this feature in different projects has already been observed by the Ordinals community. The NFT OnChainMonkey project is using recursive inscriptions to create 3D artwork on-chain with an inscription size below 1 KB. It demonstrates the scale and flexibility of recursive inscriptions, providing a space for creativity and experimentation.

The Ordinals, a new game which was launched this year by Casey Rodarmor, has been rapidly growing in popularity. Leveraging a loophole in Bitcoin’s 2021 Taproot upgrade, Ordinals have introduced a flourishing economy of NFT-like asset trading on Bitcoin, with more than 14.6 million Ordinals inscribed to date. The increasing interest and acceptance of blockchain technology for art and property is illustrated by this rise in activity.

The inclusion of music production using on-chain technologies is an important step forward, as the Blockchain ecosystem continues to evolve. The Descent Into Darkness Music Engine serves as a testament to the endless possibilities that emerge when innovative minds explore the intersection of blockchain, music, and art. We’re going to see even more progress, pushing the limits of what is possible in this digital world, with recursive inscriptions revolutionizing how information can be stored and shared on a Bitcoin blockchain.

#bitcoin #ordinal #CryptoScope #blockchains

Yoki Finance x Crypto Scope

Yoki Finance and Crypto Scope are thrilled to announce their strategic collaboration. By accelerating adoption and facilitating sharing of information between enthusiasts, they would create a paradigm shift in the crypto landscape.

Seamless Integration for Enhanced Convenience

Yoki Finance will seamlessly integrate its cutting-edge widget into the Crypto Scope platform, making it easier than ever for users to engage in automatic recurring token purchases. This integration gives the vibrant community of Crypto Scope access to a wide range of cryptocurrencies for subscription payments, which is unparalleled convenience and flexibility. This collaboration is based on the commitment of Yoki Finance to ensure that Digital Currencies are used widely in daytoday transactions.

Joining Forces for Educational Empowerment

In addition to widget integration, Yoki Finance and Crypto Scope are joining forces on a media collaboration that promises to be a game-changer. These visionary platforms are aimed at providing high quality educational material empowering individuals and contributing to a shift towards the adoption of cryptocurrencies through convergence of expertise and resources. You're going to be given a series of informative webinars, educational articles and collaborative initiatives designed to foster cooperation and growth in the crypto community.

A Leap Towards an Inclusive Crypto Community

A giant leap forward in the adoption and understanding of cryptocurrencies and blockchain technology has been made through a collaboration between Yoki Finance and Crypto Scope. They are laying the foundation for a more integrated and educated community through integration of Yoki Finance's widget to Cryptoscope's platform, in conjunction with media collaboration.

About Yoki Finance

Yoki Finance is a Web3 solution that empowers users to automate recurring crypto payments seamlessly. With a versatile protocol, Yoki Finance enables developers to create a wide range of products, including recurring billing for SaaS, gated content access, donations, DAO payments, and automated loan repayments.

#CryptoScope #YokiFinance #Partnership #Web3.0

CryptoScope by Morfolabs

Minting an NFT

Non-Fungible Tokens (NFTs) have gained significant popularity in the digital art world, providing artists and collectors with a new way to establish authenticity and ownership for digital assets. By writing digital items into the blockchain to ensure their immutable record, the process of minting plays an essential role in this ecosystem. In this article, we’ll take a look at how to mint NFTs and what their purpose is for creators and collectors.

What is Minting an NFT?

The process of minting NFTs refers to creating a unique digital item and recording it on the blockchain. The process ensures that the item is authentic and owned, since a Blockchain record cannot be changed or altered. Minting turns a digital asset into an invisible and verifiable token, which is distinct from any other object in existence. 

The Purpose of Minting

Minting in the NFT ecosystem offers a variety of benefits for both producers and collectors.

Minting for Creators : as a creator, minting your work allows you to establish provable scarcity and verified ownership. For the first time, creators can publish limited edition digital works, whose authenticity is validated on the blockchain. Ownership is undisputed and public, allowing creators to build special communities and perks for those who hold their NFTs.

Minting for Collectors : Minting NFTs isn’t just for creators, however. NFT projects will often offer early access to their NFTs via a mint. When you mint an NFT from a project, you’re the first ever owner of that NFT, since the mint is when it’s written to the blockchain. Oftentimes, participating in a project’s mint is like buying a pack of Pokémon cards: you don’t know if you’ll end up with something rare.

How to Mint

A simple process to mint NFTs can be found at OpenSea, a popular online marketplace. The company even provides a feature called “lazy minting” that allows creators to avoid paying gas taxes until they sell the NFT. Here are the steps to mint on OpenSea:

Set up a crypto wallet : In order to do anything on the blockchain, you’ll need a crypto wallet. This will hold your NFTs and cryptocurrency. We recommend a crypto wallet called MetaMask

Create a collection : Before you mint your NFTs, you’ll have to create the collection that they’re a part of. At this step, you’ll name and describe your collection, choose a category, and add any social links.

Upload Your Work: Once you’ve set up a wallet and created a collection, you can start minting your NFTs. Upload your digital asset to the platform and follow the instructions provided.

What to Do After Minting Your NFT

You can take additional actions to maximize the exposure and engagement of your NFT once you have successfully minted it:

 Grow Your Community: Building a community around your NFT project can be immensely rewarding. Try to engage your audience through platforms like Twitter and Discord, with a focus on sharing interests or themes related to the project. Active participation in the community is a form of belonging and can help to make your NFTs successful.

Market your project : The efficient promotion of products is an essential factor to attract prospective buyers and collectors. You need to identify your target audience and tell them what they’re getting for their investment in NFTs. Use social media to promote your work, connect with other NFT users and leverage the appropriate hashtags by using sites like Twitter, Instagram or Reddit.

The Minting process is a crucial step for establishing the integrity and ownership of NFTs. The creators and collectors will be able to verify the scarcity and ownership of their works by recording digital assets on a blockchain, which allows them to acquire unique and valuable NTTs.

#NFTS #blockchains #Metamask #Opensea #CryptoScope

CryptoScope by Morfolabs

In today’s rapid-paced world, the fusion of distinct industries often results in an enthralling symphony of innovation. Take, for instance, the newly minted collaboration between Mary Tachibana NFT and Crypto Scope. A harmony echoing from the pulsating heart of adult entertainment and music to the rhythmic hum of blockchain technology, this union promises unparalleled experiences to its audience.

Crypto Scope is thrilled to announce a partnership with Mary Tachibana

Mary Tachibana NFT: From Silver Screens to Sound Waves

The enigmatic Mary Tachibana, widely recognized as 橘 メアリー in Japan, began her career dazzling audiences in the adult film industry. But her star didn't stop shining there. Pivoting to the world of music, Tachibana reincarnated as a DJ, blending hypnotic beats and drawing international attention, not just from Japan but from regions like Hong Kong and Taiwan.

Crypto Scope: Decoding the World of Digital Currencies

Emerging from the innovative minds at Morfolabs and an esteemed member of Asosiasi Blockchain Indonesia (ABI), Crypto Scope has been a beacon for those curious about the ever-shifting landscape of cryptocurrency. Whether you're a newcomer thirsty for knowledge or a seasoned crypto-trader seeking insights, Crypto Scope offers an invaluable resource.

Like a DJ syncing beats to create the perfect track, the alliance of Mary Tachibana NFT and Crypto Scope merges two different worlds, both aiming to electrify their audience. Mary’s global allure blended with the informative prowess of Crypto Scope promises a fresh perspective and an unforgettable experience to fans and crypto aficionados alike.

Beyond offering immersive experiences, this partnership seeks to weave a stronger fabric of community, pulling fans from all over the globe into a shared digital space. Whether you're grooving to Tachibana’s tunes or deciphering blockchain’s enigma with Crypto Scope, the bond among fans is destined to grow stronger.

Peeking into Tomorrow

As the lines blur between entertainment and the digital realm, this partnership is a testament to the innovations that arise when art meets technology. Together, Mary Tachibana NFT and Crypto Scope not only offer a blend of melody and knowledge but also lay the foundation for a future filled with endless possibilities.

In wrapping up, the union of Mary Tachibana NFT and Crypto Scope underscores the magic that can be conjured when diverse industries intertwine. Fans across the spectrum can look forward to a captivating blend of art and tech, setting the stage for an even more interconnected world. As the partnership's journey unfolds, it's clear that the crescendo of their combined efforts is yet to reach its peak.

#CryptoScope #MaryTachibana

Privacy in the digital era has always been an issue, and with the development of Web3 it’s becoming even more important that privacy be guaranteed for decentralized systems. The challenge to maintain the confidentiality of user data is also inherent in the transparency of blockchain technology which offers many advantages. Innovative solutions are needed to address these issues and protect user privacy in the era of Web3. That’s why we are thrilled to introduce Manta Network, our powerful new partnership that is set to revolutionize Web3 privacy.

What is Manta Network?

Manta Network stands out as an innovative game changer in the field of Web3 privacy solutions. It is a layer1 blockchain that leverages ZK technology, specifically known as Manta Atlantic. The exceptional speed and decentralization of the Manta Network make it a potent force in the field of programmable privacy.

Manta Atlantic utilizes zero-knowledge proofs (ZKPs) to guarantee the execution of transfers while keeping sensitive information private. Manta Atlantic uses ZKPs to act as witnesses rather than publish transaction details directly on the blockchain, which could compromise privacy. This method ensures the correct implementation of the Protocol without disclosing personal data. The Manta network has spent two years building its ZK system and infrastructure, resulting in a groundbreaking solution that offers both privacy and interoperability.

Suite of Products and Technologies

Manta Network offers a comprehensive suite of products and technologies that empower users to enjoy privacy in their Web3 interactions. One of their key innovations is zkNFTs, which revolutionize privacy for non-fungible tokens. With ZkNFTs, users can keep ownership and transaction details of these unique digital assets confidential to provide them with assurance that their NFT activity is shielded from surveillance.

Additionally, Manta Network introduces MantaPay, a user-friendly payment solution with strong ZK support. MantaPay allows users to conduct private transactions across various use cases, including e-commerce, decentralized finance (DeFi), and more. MantaPay makes transactions seamless and secure while ensuring privacy and confidentiality through the use of Zero-Knowledge proofs.

Advantages of the Partnership

Our partnership with Manta Network unlocks numerous benefits for both parties involved. We strengthen our commitment to protecting user data and providing more advanced privacy features through the integration of Manta Network’s dedicated privacy infrastructure on our platform. Through this collaboration, we can offer our users advanced privacy options and expand our range of secure Web3 services. At the same time, Manta Network gains broader visibility and adoption, enabling their innovative solutions to reach a wider audience.

The Future of Web3 Privacy

The Manta Network’s technology will lead to the emergence of a future in which Web3 privacy is standard. Through the ZK technology, users can confidently engage in decentralized applications, making transactions and interacting with Smart Contracts that protect their privacy. The wider implications of Manta Network’s development in the sector are significant beyond individual users. The ability to achieve privacy and programmability in Web3 opens the door to exciting possibilities across various sectors, including finance, supply chain, healthcare, and more.

Looking ahead, the shared vision of Manta Network and our partnership is to create a more secure and private Web3 ecosystem. We strive to empower individuals with control over their personal information and foster trust in the web3 landscape as we collaborate to improve the privacy features, develop new use cases, and promote adoption.

Conclusion

The partnership with the Manta Network marks a significant step forward towards Web3 privacy solutions. By leveraging Manta Network’s cutting-edge ZK technology, we can unlock a new era of privacy and security for users. Users will be empowered to take part in Web3 activities while safeguarding their personal data by using the Manta Network product and technology range, which includes zkNFTs as well as MantaPay. Our partnership with Manta Network brings us one step closer to achieving our shared vision of a more private and secure Web3.

We’re excited about the possibilities that open up with Manta Network technology in terms of future Web3 privacy. We can build an ecosystem where privacy is the norm, empowering people and giving Web3 its full potential.

#MantaNetwork #CryptoScope

CryptoScope by Morfolabs

A major update has been released to address 'cursed inscriptions' through the Bitcoin Ordinals protocol. This update aims to rectify over 71,000 illegible or cursed inscriptions, unlocking their value in the market.

Recently, a major update has been launched to address “cursed inscriptions” through the Bitcoin Ordinals protocol which allows data to be written onto one of the smaller pieces of $BTC

This upgrade is intended to rectify more than 71,000 illegible or curse inscriptions that can be recognised and placed on the market.

The words “cursed inscriptions” are used to refer to inscriptions which have been invalidated as a result of erroneous use or intentional misuse of opcodes while they were being created. Those inscriptions have not been recognised by the Protocol, so that they are useless and hardly worth anything. However, as soon as the most recent upgrade has been completed, these previously unrecognized marks will be indexed and made available for trade.

On June 4, developers Casey Rodarmor and Raphaph announced the upgrade to version 0.6.0, which has received support from Twitter users. Casey Rodarmor first proposed in late April to address the problem of inscriptions that are cursed. By establishing a block activating height, this upgrade adds support for some of the different types of curse inscriptions. This will mean that, as a rule, certain types of prior invalid inscriptions are to be indexed according to the normal Positive Remarks.

The significance of this upgrade was emphasized by LeonidasNFT, an Influencer with Ordinals, who said that more than 70,000 existing or invalid inscriptions are currently supported. These inscriptions will be traded as soon as the marketplaces are upgraded to version 0.6.0. He went on to say that curse holders ought to anticipate a change in numbers for negative inscriptions.

Crypto Scope -

The recent upgrade in the Bitcoin Ordinals protocol is a significant step in resolving the issue of 'cursed inscriptions.' With over 71,000 previously unrecognized marks becoming eligible for trade, we anticipate a positive shift in the market dynamics. This development showcases the continuous evolution of blockchain technology and its ability to address challenges

Bitcoin Ordinals, similar to non-fungible tokens (NFTs), have gained attention due to their rarity and collectability. Users use these inscriptions to seek unique slices of data that are permanently embedded into the Bitcoin Blockchain and which they expect will increase in value over time. Since the beginning of the inscription hype earlier this year, around 10.8 million ordinal inscriptions have generated a staggering $45.5 million in transaction fees, according to Dune Analytics.

On May 28th, Casey Rodarmor announced in separate statements that he would step down from his position as Ordinals creator and hand the reins over to Raphjaph.

Bitcoin Ordinals aims to resolve the long standing issue of curse inscriptions with its latest protocol upgrade. This development is not simply expanding the availability of previously unsupported inscriptions, but also making them more useful and valuable to the Bitcoin Ordinals protocol. It will be interesting to see how these inscriptions and their associated assets contribute to the wider bitcoin ecosystem as markets continue to evolve.

#bitcoin #NFTs #CryptoScope #Morfolabs

CryptoScope by Morfolabs

In the ever-evolving world of decentralized finance (DeFi), partnerships are the linchpin that drives innovation, scalability, and utility. One such groundbreaking partnership that has recently caught the attention of the crypto community is between Ender Protocol and Crypto Scope. But before delving into the specifics of this alliance, it's essential to understand the core of Ender Protocol and its vision for the future.

What is Ender Protocol?

At its heart, Ender Protocol is not just another DeFi platform; it's a revolution. It aspires to redefine the boundaries of what's possible within the DeFi space. By integrating a plethora of financial mechanisms, Ender Protocol offers a holistic approach to decentralized finance, ensuring that its community members are always at the forefront of innovation and value. One of the most captivating features of Ender Protocol is its synergy with the Metaverse NFT ecosystem.

This isn't just about buying or selling digital assets; it's about creating a unique, immersive experience for every participant. By bonding NFTs with added utility, users can dive deep into an interactive world that blurs the lines between digital and reality.

Beyond the Metaverse, Ender Protocol's offerings are vast and varied. From bond issuance, which allows users to create and manage debt instruments, to treasury management, ensuring the ecosystem's financial health, Ender Protocol has covered all bases. The refraction tax mechanism is another feather in its cap, ensuring fair distribution and value retention. Moreover, with a lending/borrowing platform in the pipeline, Ender Protocol is poised to become a one-stop solution for all DeFi needs.

Crypto Scope - In the vast cosmos of decentralized finance, Ender Protocol is the beacon, illuminating pathways to innovation, immersion, and infinite possibilities

This collaboration is expected to enhance the visibility of Ender Protocol within the broader crypto community, ensuring that more users can benefit from its innovative features.

In conclusion, the partnership between Ender Protocol and Crypto Scope is more than just a business alliance; it's a testament to the limitless possibilities within the DeFi space. As both entities come together, the crypto world can anticipate a future filled with more innovation, utility, and opportunities.

#CryptoScope #EnderProtocol #crypto

Discover how Audius Web3 is revolutionizing decentralized music, empowering artists, and reshaping the way we create, distribute, and monetize music

The rise of Blockchain technology has brought a significant change to the music industry in recent years. Blockchain is opening up new possibilities, changing the way artists generate, sell and make money from their music. In this article, we will delve into the blockchain music industry and explore the Audius Web3 project, a decentralized music platform that is at the forefront of this revolution.

1.       Understanding the Blockchain Music Industry:

The blockchain music sector represents a paradigm shift as to how we create, consume and monetise music. The use of Blockchain technology allows artists to have more control, transparency and security over their activities related to music. The creation of decentralised platforms, which can eliminate intermediaries like record labels and allow artists direct access to their audiences, has been facilitated by the use of Blockchain. 

2.       Introducing Audius Web3: The Decentralized Music Platform:

The Audius Web3 project is the first of its kind to use blockchain technology to create a decentralised music platform. Audius Web3 is built on the Ethereum Blockchain, making it possible for artists to directly publish, distribute and monetise their music without intermediaries. To ensure that artists are compensated fairly and transparently, the platform deploys smart contracts to fundamentally change the traditional royalty system.

3.       Empowering Artists with Fair Compensation:

Fair compensation for creative work is one of the biggest challenges faced by artists in the music industry. The artists are able to receive immediate and transparent payments for their music through Audius Web3. To ensure that artists receive fair remuneration from their contributions, the platform’s sophisticated contracts automatically assign revenues on a predetermined basis.

4.       Democratizing Music Distribution:

Traditional music distribution channels have often supported established artists and limited opportunities for emerging talents. Audius Web3 removes these obstacles by providing a platform for all musicians free of charge. Without the need for a record label or significant promotional resources, artists can freely upload their music to this platform and reach an audience from all over the world.

5.       Bridging the Gap Between Artists and Fans:

Direct engagement of artists and their fans is facilitated by Audius Web3. Artists can engage with and receive feedback from their audience through the platform, as well as create a loyal fan base. Direct contacts help artists get to know their audience’s tastes and tailor music accordingly, creating a more close relationship with the listener.

6.        The Rise of Crypto Music:

The concept of crypto music has become more and more prominent as the use of blockchain technology continues to grow. Crypto music is a type of music that directly corresponds to crypto assets or cryptocurrencies. With Audius Web3’s integration of blockchain technology, artists will be able to explore this emerging trend in a new way. By combining their music with digital collectibles or by using the blockchain for tokenized ownership of songs, artists can create unique experiences.

Crypto Scope -

Blockchain technology allows artists to take control of their music, eliminating intermediaries and ensuring transparency. With Audius Web3, artists can directly publish, distribute, and monetize their music, changing the game for the music industry. 🎶

Conclusion:

The way music is created, distributed and monetized has been transformed by the blockchain industry driven by projects like $AUDIO

With its decentralized approach, Audius Web3 empowers artists by providing fair compensation, removing intermediaries, and fostering direct connections with their audience. The adoption of blockchain technology will continue to provide new possibilities for musicians, while shaping the future of this music industry as it evolves.

#Web3Community #Music #audius #blockchains #CryptoScope

CryptoScope by Morfolabs

Unlock a new era of gaming innovation with the Crypto Scope x Zabava Labs partnership. Together, we're reshaping the gaming landscape and pushing the boundaries of what's possible

The collaboration between Crypto Scope and Zabava Labs marks a significant milestone in the blockchain gaming industry. Together, these innovative organizations are poised to reimagine gaming experiences and push the boundaries of what is possible.

By leveraging blockchain technology, Crypto Scope and Zabava Labs are paving the way for a new era of gaming that offers enhanced player experiences, ownership of in-game assets, and decentralized community-driven ecosystems. Through their partnership, they aim to foster innovation, drive adoption, and create a lasting impact on the gaming landscape.

With Zabava Labs’ impressive portfolio, including the groundbreaking SoMove augmented reality rhythm dance game, and Crypto Scope’s commitment to exploring the potential of web3 technologies, this partnership is set to unlock new possibilities in the gaming industry.

SoMove

Together, Crypto Scope and Zabava Labs will collaborate on projects that showcase the transformative power of blockchain in gaming, creating immersive experiences, and nurturing vibrant gaming communities. Through their combined efforts, they strive to shape the future of gaming, bringing it closer to the vision portrayed in iconic works like “Ready Player One.”

About Zabava Labs:

Zabava Labs is a blockchain agnostic studio specializing in creating immersive game experiences and community building tools. With a focus on innovation and leveraging blockchain technology, Zabava Labs aims to revolutionize the gaming industry and connect with the next generation of gamers. Their flagship project, SoMove, showcases the potential of blockchain gaming and is a testament to Zabava Labs’ commitment to pushing the boundaries of gaming experiences.

Gaming meets blockchain in an unprecedented collaboration between Crypto Scope and Zabava Labs. Join us as we redefine the future of gaming, empowering players and revolutionizing the industry. The possibilities are endless - Crypto Scope

#ZabavaLabs #Algorand #CryptoScope #Partnership #Morfolabs

CryptoScope by Morfolabs