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  • Synapse Network Jumpstarts DeFi Companies Using Its Business Tech Solutions

    Synapse Network will help launch new DeFi products and services in the blockchain industry. The firm is currently working on ...Read More...

  • Stormrite – The Xbox And PC Game Could Become A Gateway For Big Gaming Companies To Adopt NFTs

    Since 2020, we have witnessed remarkable growth in the NFT game projects. The Metaverse exploded with new games rolling out after NFTs grew in popularity in 2021. However, most of these projects are from new companies or developing teams. The big names like EA Games, RockStar, and such are far from doing anything with the […] The post Stormrite – The Xbox And PC Game Could Become A Gateway For Big Gaming Companies To Adopt NFTs appeared first on NFT News Today.

  • Companies list hundreds of new crypto jobs despite recent layoffs

    Despite the market downturn and many layoffs in the industry, some crypto firms are continuing to add new jobs. The post Companies list hundreds of new crypto jobs despite recent layoffs appeared first on The Block.

  • RT Founders_Forum: They founded companies that have shaped the world around us... But what's next? 🤔 Tommy Hilfiger (@TommyHilfiger), @eordano (@decentraland) & Natacha Minniti (@jpmorgan) discuss how e-commerce brands can establish their presence in the Metaverse 🌐 #FFLondon22 #FoundersForum [twitter.com] [pbs.twimg.com]

    RT Founders_Forum: They founded companies that have shaped the world around us... But what's next? 🤔 Tommy Hilfiger (@TommyHilfiger), @eordano (@decentraland) & Natacha Minniti (@jpmorgan) discuss how e-commerce brands can establish their presence in the Metaverse 🌐 #FFLondon22 #FoundersForum https://twitter.com/Founders_Forum/status/1537391598383792129/photo/1 https://pbs.twimg.com/media/FVXo_v3WIAAua1H.jpg:large

  • RT kevinonearth999: Apply for a job with some of the hottest up and coming companies in web3, Job Fair going down now in DCL! [play.decentraland.org] @decentraland @PeanutbuttaDCL [twitter.com] [pbs.twimg.com]

    RT kevinonearth999: Apply for a job with some of the hottest up and coming companies in web3, Job Fair going down now in DCL! https://play.decentraland.org/?realm=dg&position=-10%2C103&island=I1ccjg @decentraland @PeanutbuttaDCL https://twitter.com/kevinonearth999/status/1537060478043754496/photo/1 https://pbs.twimg.com/media/FVS8LSuWAAABEok.jpg:large

  • RT DclUniversity: Very pleased to welcome EduDAO for the first ever recruitment fair at our Career Centre in DCL University. Meet the leading companies in crypto while networking and learning from innovators in the space. @decentraland @Edu_DAO Click here to attend now: [events.decentraland.org]

    RT DclUniversity: Very pleased to welcome EduDAO for the first ever recruitment fair at our Career Centre in DCL University. Meet the leading companies in crypto while networking and learning from innovators in the space. @decentraland @Edu_DAO Click here to attend now: https://events.decentraland.org/event/?id=186d1106-6ccd-4e9e-9b7f-cbd36c2c9a55&12345

  • What Is Tokenization And How Can Companies Create Their Own Token?

    With the current financial system, investing in certain assets is seemingly reserved for those with large amounts of capital or institutions. These assets, such as real estate, art or private businesses, have high barriers to entry. However, they can provide above-average profits for investors. Is there a way for the average retail investor to invest in such assets? A new way of investing could be on the horizon.  What is Tokenization? Tokenization is essentially a way for an asset to be divided into tokens that certify ownership. For example, a rental property could be tokenized. The building would be funded using the proceeds from the sale of the tokens. Then, the revenue or profit from the property could be returned to the token holders. Each token would represent ownership. In the instance of the rental property example, each token could represent either ownership of the cash flows or partial ownership of the building itself. This process would allow a large investment, such as a rental property, to be bought using small amounts of capital from many investors. It also gives smaller investors the opportunity to diversify their portfolios with investments that were previously unavailable. This process of investing is made even more available through the use of the blockchain. For instance, each token that shows ownership is stored on the blockchain and cannot be changed. Additionally, no intermediary, such as a bank, takes pieces of the profits along the way. By incorporating blockchain technology into these investments, both the organizers and investors benefit. By using the blockchain, the organizers of these investments are able to reach larger numbers of people, which is beneficial in multiple ways. First, it allows them to generate either more capital or receive it faster with less work. This benefit would allow more ideas to be funded and potentially accelerate both economic and technological growth.  For investors, an entirely new class of investments would become available. Instead of spending hundreds of thousands on a piece of artwork or real estate, investors could now devote as little or as much capital as they wished to investments that have historically done well. It would break down the barriers to entry for assets that were previously only attainable for the wealthiest investors. Additionally, the use of the blockchain would allow anyone across the world to invest.  Overall, tokenization could prove to have a variety of benefits for all parties involved in the process. If the idea is brought to a large scale, it could democratize not only investing but the financial system as a whole.  How can Companies Create Their own Tokens? Now that you understand the basics of tokenization and how it could prove to be beneficial, you may be curious as to where it is already being implemented. One company, The INX Digital Company, inc, is already exploring the benefits of tokenization. INX is a cryptocurrency and digital securities  platform. In January 2022, it tokenized its entire company, giving 40% of the net operating cash flows to its investors. It raised over $84 million. After that tokenization success, it sought to bring the idea to the masses.  INX hopes to change investing all through its digital securities platform. This platform is built on four main premises: Broaden horizons: It is hoping to bring assets previously reserved for institutions and wealthy investors to the general public. Provide liquidity: INX wants to make trading these digital assets easy. Comply with the law: INX is using smart contracts to comply with U.S. securities laws and avoid legal issues. Enable simplicity and efficiency: Trades of certain assets can take months to clear. INX is hoping to have them settled and processed in minutes on an easy-to-use platform.  Additionally, it has experts in place for legal review to allow for an easy and effective experience for anyone attempting to tokenize a company or project. To open an account on INX and begin investing or raising capital, navigate through the website and create an account. Once you have submitted the necessary information, you can begin trading within five days.  The digital securities platform on INX is one of the few platforms that let you trade 24 hours a day, 7 days a week. It is available in over 35 countries. Without a doubt, INX is the way to go for anyone looking to invest in or fund alternative investments.  Image sourced from Unsplash This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Farfetch to begin accepting crypto payments, following other luxury companies

    This follows the successful launch of cryptocurrency payments at Farfetch-owned London retailer Browns. The post Farfetch to begin accepting crypto payments, following other luxury companies appeared first on The Block.

  • Cryptocurrency Companies Reduce Hiring In Response To Market Downturn

    Coinbase Global Inc (NASDAQ: COIN) revoked employment offers to people who accepted them and announced a slowing of its hiring pace in recent weeks. Another cryptocurrency exchange, Gemini Trust Co., lost 10% of its workforce, citing the effects of the market downturn, writes WSJ. In response to the ongoing crypto price collapse, cryptocurrency firms have slowed their spending frenzy. Related: Coinbase Plans To Slow Hiring Amid Crypto Market Downturn According to ManpowerGroup data, after hiring more than doubled from November to April, crypto firms reduced hiring in May. The top three employers in the crypto market as of last month were Block Inc (NYSE: SQ), Coinbase, and Gemini. Interest-rate hikes by the Federal Reserve have contributed to a market selloff, with speculative assets bearing the brunt of the damage. Bitcoin has plunged 55% since November, while the overall crypto market has dropped 59%, states WSJ. Also read: Coinbase Invests In Cryptocurrency Exchange Zipmex As Opposed To Outright Acquisition That selloff has lowered the volume of crypto trading, and it is forcing some companies to work to adjust, stated Kavita Gupta, founder of the investment firm Delta Blockchain Fund. “Companies that went public or expanded during the high-peak time and did not figure out their balance sheet for three years of cash flow have to tighten their belt,” she added. Advertising is another place where crypto firms are cutting costs, the WSJ report said. According to the analytics firm MediaRadar, cryptocurrency firms spent $10 million on advertising in April, the lowest amount since September. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cannabis Companies Try the Metaverse as a New Marketing Platform - Cannabis companies are using the metaverse to set up shops, promote their core product, and sell real-world merchandise and nonfungible tokens. [wsj.com]

    Cannabis Companies Try the Metaverse as a New Marketing Platform - Cannabis companies are using the metaverse to set up shops, promote their core product, and sell real-world merchandise and nonfungible tokens. https://www.wsj.com/articles/cannabis-companies-try-the-metaverse-as-a-new-marketing-platform-11654164001

  • Gafisa, One of Brazil’s Leading Real Estate Companies, Is Now Accepting Cryptocurrency Payments

    Gafisa, one of Brazil’s leading real estate companies, is now accepting cryptocurrency for real estate payments. Bitcoin is great for real estate development enterprises because it removes intermediaries, which is common in the property development sector, according to Gafisa’s backroom. According to a news release, the firm’s decision to accept bitcoin was based on the […] The post Gafisa, One of Brazil’s Leading Real Estate Companies, Is Now Accepting Cryptocurrency Payments appeared first on Crypto Academy.