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ICO/IEO News

Ferrari’s new deal with blockchain firm Velas hints at NFTs

Ferrari will be issuing exclusive digital content for its fans in collaboration with Swiss blockchain startup Velas. Italian luxury sports car manufacturer Ferrari is moving into the blockchain industry by inking a partnership with Swiss blockchain startup Velas Network. Ferrari officially announced Monday that it had signed a multi-year agreement with Velas to jointly issue “exclusive digital …

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China Electric Car Giant BYD shows interest in Luminos Graha Indonesia Sulawesi Nickel Mining Mega Project

Luminos Graha Indonesia The state-of-the-art blockchain-based Luminos Graha Indonesia Sulawesi Nickel Mining Mega Project is garnering attention from leading EV manufacturers. Jakarta, Indonesia, Oct. 25, 2021 (GLOBE NEWSWIRE) — Leading Indonesian nickel mining company Luminos Graha is pleased to announce that renowned Sino electric car company BYD has recently expressed interest in its state-of-the-art blockchain-based …

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CoinList Valued at $1.5B as Lending, Staking Join Business Mandate

Following a $100 million funding round, the token sale platform is planning to invest heavily in two of its newer business lines. CoinList, a token sale platform popular among cash-hungry crypto projects and early investors alike, has raised $100 million in its first equity round in nearly two years. The company is now valued at …

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What is a coin or token burning?

A token burn is the elimination of a certain amount of tokens to reduce their number in circulation. This technique is effectively put in by crypto projects, traditional businesses, and even global corporations. The goal of burning a token is quite simple: supporting an asset’s price growth and value increase. We are at crypto-times do …

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