Connect with us

Metaverse

Ukrainian centralized exchange moves to global expansion track, plans to release metaverse

Published

on


Centralized exchanges (CEXs) have come a long way since they came onto the cryptocurrency scene, now becoming the most widely used platform for buying and trading digital assets. However, since their inception in 2010, exchanges have evolved significantly; their teams are now working with regulators, auditors and user experience specialists to develop institutional and public trust in blockchain technologies and their underlying cryptocurrency assets.

Although originating as trusted intermediaries, these platforms have proven to be much more, delivering value in their guarantee of consumer security and protection while also opening the door to the host of new tokens being released to the public. In more modern occurrences, some of these platforms have been extended even further as the foundation for launching new applications and accessing the metaverse.

QMALL, a brand created by an international group of companies headquartered in Ukraine, has risen to the challenge with the release of its own centralized exchange. The QMALLexchange, which has proven its value in enhancing the process of payment and accounting for cash, is now transitioning from a regional offering to a global one.

The team attributes this modern phenomenon to the platform’s ability to deliver convenience, the right marketing and adherence to strict promises of fulfillment. To this day, the strategy continues to be executed by the exchange’s founders, Mykola Udianskyi and Bohdan Prylepa.

Despite strong competition with Asian exchanges, QMALL presently has more than 150,000 active traders, just three months after their launch. QMALL is now creating its own metaverse, with the launch expected by the end of the year. The platform plans to take on a new direction as the first metaverse exchange of its kind.

A fast track to global expansion

To achieve a regulated status, QMALL is registered as UAB QMALL in Lithuania, where it is recognized as a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator in accordance with the Ministry of the Interior of The Republic of Lithuania.

With these licenses, QMALL effectively gets the green light for the exchange to expand into the eurozone. As a part of this global expansion, QMALL will soon be adding trading pairs that include the euro while also adhering to strict laws on transparency, data security and reporting set in place by local laws. The combination of these factors is said to boost overall confidence in the brand. Founders believe that enabling trust in this manner will encourage an influx of users from Europe, increased interest in the exchange from crypto projects and, consequently, explosive demand for the project token.

Alongside appropriate licensing, the team has partnered with Sophia Antipolis, Europe’s leading technology district and the French equivalent to Silicon Valley. Sophia Antipolis is now home to more than 2,500 companies across 2,400 hectares, where it hosts numerous startups and major global brands.

More insights on qmall here

Taking advantage of a more interconnected network, the company aspires to continue developing its service and improving cryptocurrency accessibility with Visa cards issued in June for Ukrainian users and in fall for European users, with the intent to become the world’s first-choice cryptocurrency exchange.

Europe’s largest launchpad

QMALL, which has only been in existence for six months, has since achieved success through its growing community of 150,000 registered active traders, the launch of its application and three successful rounds of the token sale. The token was recently in the CoinMarketCap top gainers, where it grew 3000% and continues to experience a rise in value.

QMALL is now joining the ranks of these major players with the relocation of an exchange office to the south of France, where the team plans to release the largest European launchpad for Ukrainian and European projects. The exchange is planning to open representative offices in every country of the European Union, creating an extensive network of crypto startup support centers.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.



Source link

Metaverse

‘NFTs: Enter the Metaverse’ | Watch the trailer for non-fungible token documentary from ABC Localish Studios

Published

on


In 2021, three otherwise unassuming letters would upend the worlds of cryptocurrency, technology, art, and pop culture all at once. NFTs, or non-fungible tokens, were propelled into the mainstream after an unprecedented $69.4 million sale at the historic art auction house Christie‘s in New York City.

The sale of digital artist Beeple‘s Everydays at Christie’s for $69.4 million marked the beginning of a seemingly unstoppable NFT wave, where everyone from digital artists to mainstream celebrities like Paris Hilton, Mark Cuban, Steve Aoki and many others began creating, selling, and collecting NFTs via cryptocurrency on the Blockchain.

While NFTs initially focused on the importance of ownership of digital assets, they soon also became part of a social movement where groups of creators and collectors began communities based on buying and selling NFTs. Some early examples of these groups include CryptoPunks and Bored Ape Yacht Club, but many more have since risen in popularity as the world of NFTs continues to expand and propels new digital artists, like 17-year-old Diana Sinclaire, to international fame.

Following the journey of digital artist Beeple, aka Mike Winklemann, through the historic sale of his Everydays work, “NFTs: Enter the Metaverse” illuminates the social and economic factors that led to the rise of NFTs as well as the implications of NFT technology on the future of the Metaverse. The documentary features appearances by Paris Hilton, Gary Vaynerchuck, Mark Cuban, Steve Aoki, 3Lau, Rebecca Jarvis, Kelly Crow, Kenny Schacter, Diana Sinclair, Daniel Maegaard, and Karsen Daily.

Watch “NFTs: Enter the Metaverse” premiering on May 21st on ABC (check your local listings), ABC News Live and the Localish Network.





Source link

Continue Reading

Metaverse

‘NFTs: Enter the Metaverse’ | Watch the trailer for non-fungible token documentary from ABC Localish Studios

Published

on


In 2021, three otherwise unassuming letters would upend the worlds of cryptocurrency, technology, art, and pop culture all at once. NFTs, or non-fungible tokens, were propelled into the mainstream after an unprecedented $69.4 million sale at the historic art auction house Christie‘s in New York City.

The sale of digital artist Beeple‘s Everydays at Christie’s for $69.4 million marked the beginning of a seemingly unstoppable NFT wave, where everyone from digital artists to mainstream celebrities like Paris Hilton, Mark Cuban, Steve Aoki and many others began creating, selling, and collecting NFTs via cryptocurrency on the Blockchain.

While NFTs initially focused on the importance of ownership of digital assets, they soon also became part of a social movement where groups of creators and collectors began communities based on buying and selling NFTs. Some early examples of these groups include CryptoPunks and Bored Ape Yacht Club, but many more have since risen in popularity as the world of NFTs continues to expand and propels new digital artists, like 17-year-old Diana Sinclaire, to international fame.

Following the journey of digital artist Beeple, aka Mike Winklemann, through the historic sale of his Everydays work, “NFTs: Enter the Metaverse” illuminates the social and economic factors that led to the rise of NFTs as well as the implications of NFT technology on the future of the Metaverse. The documentary features appearances by Paris Hilton, Gary Vaynerchuck, Mark Cuban, Steve Aoki, 3Lau, Rebecca Jarvis, Kelly Crow, Kenny Schacter, Diana Sinclair, Daniel Maegaard, and Karsen Daily.

Watch “NFTs: Enter the Metaverse” premiering on May 21st on ABC (check your local listings), ABC News Live and the Localish Network.





Source link

Continue Reading

Metaverse

Unreal reality: The big leap to capitalise on the metaverse boom

Published

on


Will the rise of the metaverse see a move to not only wearing VR goggles, but full body suits to feel the wind, fresh water and even to act as the protagonist in our favourite movie?

Time will tell. But the sense of reality companies eventually develop, and how people react, will be key for companies, fund managers and investors to capitalise on what has been called the next big disruption – the metaverse. 

In the keynote address at Citywire Montreux 2022, researcher and broadcaster Stephanie Hare delved into the tricky questions that surround the great push towards virtual, augmented or mixed realities.



Source link

Continue Reading
Advertisement
Economy34 mins ago

Inflation and the economics of belonging

Tech39 mins ago

The new Framework Laptop is another step toward a truly modular gadget

NFT41 mins ago

The First NFT Movie Festival Brings the Silver Screen to Decentraland

Metaverse42 mins ago

‘NFTs: Enter the Metaverse’ | Watch the trailer for non-fungible token documentary from ABC Localish Studios

Real Estate52 mins ago

New Video Takes A Peek Inside A $25-Million Los Angeles Midcentury Mansion

Opinion54 mins ago

NWA Powerrr S8E7 | Matt Cardona & Cardonas v Nick Aldis & Commonwealth Connection! Kamille v Paola!

Markets58 mins ago

President Biden awards Public Safety Officer Medals of Valor — 5/16/2022

Personal Finance60 mins ago

Flonase Sensimist Allergy Relief Nasal Spray Allergy Medication just $8.19 shipped!

Economy2 hours ago

The recession session II | Financial Times

Cryptocurrency2 hours ago

Volume on BitMEX Spot Exchange surpasses $10M in first 24 hours

Forex2 hours ago

Market Update – May 19 – Fears mount

Tech2 hours ago

I tried (and failed) to channel my inner Bezos

NFT2 hours ago

What’s on Guide to the Metaverse – May 20th-May 22nd, 2022

Metaverse2 hours ago

‘NFTs: Enter the Metaverse’ | Watch the trailer for non-fungible token documentary from ABC Localish Studios

Bitcoin2 hours ago

Terra crash not a risk to the broader crypto ecosystem, says Huobi Global CEO

Real Estate2 hours ago

Classic Raleigh restaurant closing after nearly 50 years in business

Opinion2 hours ago

Why is technological transformation significant for your business? – Expert talks with Hudi Shehu

Markets2 hours ago

Today's Stock Market News – 13/05/2022 | Parimal Ade

Economy3 hours ago

Sri Lanka becomes first Asia-Pacific country in decades to default on foreign debt

Tech3 hours ago

Microsoft tests Windows 11 desktop widgets with web search bar

Real Estate4 weeks ago

‘Selling Sunset’ Star Christine Quinn And Tech Entrepreneur Husband Have Plans To Disrupt The Real Estate Industry

Markets2 weeks ago

NYC Amazon Workers Vote Against Unionizing; Warren Buffett Reveals Big Investments | NTD Business

Opinion3 weeks ago

Stromae – Fils de joie (Official Music Video)

Metaverse3 weeks ago

Metaverse Market: 38% of Growth to Originate from North America | Information by Device (VR and AR devices and computing devices) and Geography

ICO4 weeks ago

One-Minute Blockchain News – April 19, 2022

Opinion3 weeks ago

New Kia Sportage 2022 review

Metaverse1 week ago

Avoiding Metaverse Mayhem: Regulating Virtual Influencers as Nearly Human

Metaverse3 weeks ago

4 ways brands can succeed in the metaverse with influencer marketing | ITB Worldwide | Open Mic

Metaverse4 weeks ago

TerraZero Technologies Inc. Offers Corporate Update & Business Development Amid Rapidly Growing Metaverse Adoption

Metaverse3 days ago

MEET ZEROSIXONE: THE BESPOKE 3D DESIGN STUDIO THAT BRIDGES BRANDS, NFTS AND THE METAVERSE

Opinion3 weeks ago

Having a plan is the key to gains…in my opinion! Coffee and Crypto with King #shib #saitama

Opinion2 weeks ago

Volkswagen Tiguan R review – more fun than an SUV should be?

Bitcoin4 weeks ago

Coinbase NFT launches beta, AMC Theatres rolls out SHIB and DOGE payments, and Blockchain.com eyes IPO: Hodler’s Digest, April 17-23

Opinion4 weeks ago

Why We Need A Mangagement Revolution | Business Revolution: Episode 2 | ENDEVR Documentary

Markets4 weeks ago

सोयाबीन की नहीं होगी किसानों को कमी Market Times TV #soyabean #soyabeanmandi #soyabeanprice

NFT3 weeks ago

Animoca Leads $3.5 Million Funding Round for NFT Innovators Metakey

Metaverse1 week ago

the Metaverse of the art-NFT market, with 35 years of unique experience in virtual worlds.

Economy4 weeks ago

IMF and World Bank highlight fragile state of global economy

Opinion3 weeks ago

KGF 2 Movie 11th Day Worldwide Box Office Collection-KGF Chapter 2 Day 11 Collection| Yash,Prashanth

Metaverse4 weeks ago

4 questions every CISO should be asking about the metaverse – TechCrunch

Trending

0