pxGold: The first tradable synthetic asset commodity on PerlinX

CryptoNinjas » pxGold: The first tradable synthetic asset commodity on PerlinX
PerlinX, a decentralized liquidity pool & synthetic asset generation platform, has announced the launch of pxGold; a synthetic asset designed to track the price of 1 fine troy ounce of gold fully collateralized by PERL token.
pxGold gives users exposure directly to the price of gold price; without going through banks and centralized exchange with all the middlemen fees.
Features of pxGold Low Fees: Trading in a decentralized market mitigates all middlemen fees imposed by other exchanges. Easy Access: PxGold is tradable and mintable 24/7; regardless of market trading hours. Fractional Orders: Executing fractional orders in traditional finance requires some complexities and additional waiting time. The order volume on the blockchain is represented simply as a number, and therefore saves on processing time. The first pxGold is set to expire at the end of May 2021. This means pxGold will go through settlement and each pxGold will be redeemable for PERL worth 1 fine troy ounce of gold at the time of expiry (1430 UTC May 31, 2021).
PerlinX is a decentralized synthetic liquidity pool that supports the creation and trade of synthetic assets. PxAssets and Collateral Type “PxAssets are synthetic assets that track the price of anything; fully backed by PERL or other approved collateral. We have implemented a new off-chain governance mechanism for our community to participate in proposing new pxAsset ideas. Participating in this governance does not require any fees including gas fees, unlike on-chain governance mechanisms. In addition to new pxAssets, the community is welcome to propose the use of a new collateral type for new pxAssets.”
– The PerlinX Team
PERL holders can propose new pxAssets and new collateral types at https://vote.perlinx.finance.
CryptoNinjas » pxGold: The first tradable synthetic asset commodity on PerlinX

What You Should Know About the $1.9 Trillion Stimulus Package

The latest $1.9 trillion stimulus package being discussed and voted on in Congress is slated to hit President Biden’s desk by Wednesday, March 10, 2021. Also known as the American Rescue Plan Act, small business owners should be on the lookout for the latest information, as the bill has yet to officially be signed into law.
The package earmarks money for stimulus checks, small business loans and grants, and unemployment benefits. Small businesses get another $50 billion in aid, this includes support for shuttered venue operators, food service businesses, and more. We highlight the main points that may pertain to you and your business below. For more information, please visit your appropriate state’s government website.
Paycheck Protection Program (PPP) Another $7.25 billion in funding is being allocated to the Paycheck Protection Program. For small businesses, the forgivable loan program has provided much-needed support for businesses negatively impacted by the pandemic.
Who is eligible? Small businesses, independent contractors, self-employed individuals, sole proprietors. Individuals with felonies (non-fraud-related) may also apply. Individuals with delinquent student loans may also apply. Small business owners who are legal residents (or non-citizen), Green Card holders, and individuals on visas may also apply. For First Draw PPP Loans and Second Draw PPP Loans, read more at www.sba.gov/ppp.
The previously established two-week window for exclusive PPP loan application by the Small Business Administration (SBA) for businesses with fewer than 20 employees may be over, but you can still apply before the program’s expiration on March 31, 2021.
Economic Injury Disaster Loan (EIDL) Advance Grants The new stimulus package allots $15 billion for the EIDL program. For eligible businesses with less than 300 employees and in low-income communities, this program can help. The first window allows small businesses to receive up to $10,000 each.
If you experienced more th..

Consumer Electronics Returns and What to Do With Them

Consumer electronics can be a lucrative sales category for retailers. It seems that everyone wants the latest and greatest smart gadget or wireless device, and there are times when you may have trouble keeping inventory on the shelves. But there is a downside, too: electronics returns.
As much of the world shifts toward online shopping, product returns of consumer electronics are on the rise. Because online shoppers don’t get to try products out in person, they tend to return items more frequently. These “changed my mind” returns are labeled NFF or No Fault Found, and they make up about 68% of online product returns. Where electronics are concerned, NFF returns can be a big hassle for retailers.
Preventing NFF Electronics Returns There are several common reasons shoppers list for NFF electronics returns. Each of these reasons offers retailers an opportunity to improve the product’s webpage, offering additional information to allow consumers to make a more informed decision. This added information, in turn, can help cut down on NFF returns in the future.
Missing Features One common reason for returns is that the product is missing a specific feature that the customer needs or expected it to have. Unless you are the manufacturer as well as the retailer, you likely can’t change the features included on items you sell. But you can make clearer product listings, letting consumers know exactly what features are included with each product.
Be sure to include a full list of features in every product description. It’s also a good idea to check the images on each product page. Include pictures that show the major features consumers can expect each product to have. And ensure your images don’t suggest features that the product doesn’t actually have, as this will lead to precisely the kind of confusion that results in returns.
SetUp Is Too Complicated One of the most common reasons for negative reviews is a complicated setup process. Users want a streamlined and simplified..

Beacon Fund leads $1.5M round in decentralized social media app Capsule

CryptoNinjas » Beacon Fund leads $1.5M round in decentralized social media app Capsule
Beacon Fund, a dedicated crypto fund by Polychain Capital focused on growing the DFINITY Internet Computer, announced it has led a $1.5 million round in Capsule, a decentralized social media platform.
This adds to the pre-seed investment of $100,000 coming from angel investors including former Coinbase CTO Balaji Srinivasan, William J. Pulte, and Wamda Capital. The funds will be used to build out the team, get a prototype of the product up and running, as well as launch mobile applications.
Last September, Polychain Capital publicly debuted its Beacon fund — a $14.5 million investment vehicle funded by Polychain, Andreessen Horowitz, and the DFINITY Foundation.
The Fund has focused on entrepreneurs and teams building on the Internet Computer — a blockchain computer that runs at web speed with infinite capacity.
Capsule Founder Nadim Kobeissi has expressed concern about giant private corporations having unilateral power to shape internet speech — whether takedown decisions are being made by Twitter’s trust and safety lead or Amazon Web Services revoking access to the public internet.
“I am delighted with the extremely fast response in both backers and believers in what we are trying to achieve. It speaks to the concerns of many creators and free speech advocates. We are aiming to create decentralized discourse in a world where we believe it is badly needed.”
– Nadim Kobeissi, Founder of Capsule
The Internet Computer, DFINITY’s public compute platform, aims to allow decentralized services like Capsule to return to an era of permissionless innovation, which gave rise to Netscape, Napster, eBay, Google, Amazon.com, etc, before the monopolization of the internet and proliferation of proprietary, insecure server farms and platforms controlled by Big Tech.
CryptoNinjas » Beacon Fund leads $1.5M round in decentralized social media app Capsule

NEM integrates Digital Markets for custom security token management on Symbol blockchain

CryptoNinjas » NEM integrates Digital Markets for custom security token management on Symbol blockchain
NEM Group, the main supporter of the development of Symbol, an enterprise blockchain, today announced integration with Digital Markets (DIGTL), to provide full custody and issuance support for NEM’s Symbol platform upon launch this month.
Symbol users will benefit from Digital Markets’ services for managing the full lifecycle of security tokens and other digital assets including tokenization and issuance, compliance and reporting, and unique to Digital Markets, sponsoring listings on regulated stock exchanges for public offerings (IPOs) and secondary trading accessible to global retail investors.
“With Symbol launching later this month, we are proud to further strengthen the digital asset ecosystem by connecting into a network of digital securities exchanges with fully compliant digital asset custody and issuance services. Digital Markets supports direct access to regulated stock exchanges and is a trusted global partner for the issuance of publicly listed digital assets. Our integration with Digital Markets opens access to the growing demand for digital securities across the globe.”
– Dave Hodgson, CIO of NEM Group and Managing Director of NEM Ventures
Partnership This partnership between NEM and Digital Markets will enable users to issue, custody, manage and customize security tokens on Symbol alongside their proprietary STACS digital securities blockchain.
As a listing sponsor to federally registered and regulated stock exchanges; users will be able to leverage the regulatory-compliant services of Digital Markets to ensure secure security token delivery and maintenance. To complement this offering, Digital Markets also provides investment banking-style advisory and trading services to guide firms throughout the entire process of their digital asset lifecycle.
Led by James Wallace and Kyle Fry, Digital Markets provides open access to a digital securities m..

Where & How to Buy Amazon Return Pallets

In 2020, consumers spent $565 billion online with U.S. merchants, according to Loss Prevention Magazine. That’s 14% of all U.S. retail sales! As impressive as that number is, that doesn’t mean that everyone receives their products and lives happily ever after. eCommerce returns more than doubled from 2019 to 2020, approximately $102 billion of merchandise bought online was returned. Some of the top reasons consumers return their online purchases include: 20% receive damaged products, 22% products received look different, and 23% receive the wrong item.
In this post, we’ll break down:
What happens to customer returns Why you should consider buying return pallets How to buy Amazon return pallets Where to look for quality returns Where Do Amazon Returns Go? 30% of all online purchases get returned, versus the mere 8.9% of goods are returned to physical stores. This shouldn’t be shocking considering nearly 49% of retailers in the U.S. offer a free returns shipping policy. Convenient for customers, but a headache for retailers. It’s naturally worth asking – where do so many Amazon returns go?
Retailers and sellers on Amazon could put them back on virtual shelves, but think of the cost it would take to inspect, repack, and relist. It is more attractive from a cost and time-savings perspective for companies to liquidate these returned products. As the saying goes, out with the old and in with the new.
The good news for resellers is that not every Amazon return is damaged or faulty! Like we said, sometimes items get returned for other reasons that include buyer remorse, simply not needing the item anymore, or expecting it to be different. So that means many of these customer returns will be new and in unopened condition.
Large retailers like Amazon then sell pallets of customer returns to liquidators—giving small businesses and resellers access to that merchandise through online liquidation marketplaces. These online marketplaces make sourcing high-quality branded and ..

Cross-chain Polkadot bridge Darwinia collaborates with decentralized storage network Crust

CryptoNinjas » Cross-chain Polkadot bridge Darwinia collaborates with decentralized storage network Crust
Darwinia Network, an open, cross-chain bridge protocol built on Substrate, today announced it will collaborate with Crust Network. an incentive layer protocol for decentralized storage, to further strengthen the Polkadot ecosystem.
The Darwinia decentralized cross-chain bridge will facilitate the efficient multi-chain circulation of Crust ecosystem assets. This will also enable access of Crust’s data store storage and computing services to Ethereum, BSC, and other public chains.
By joining forces, Darwinia Network can reap the benefits of using Crusts’ turn-key, Web3 decentralized storage network. Additionally, Darwinia ecosystem cross-chain game Evolution Land will integrate Crust PolkaPet NFT to add Gamefi mining efficiency.
Darwinia Network As an open, cross-chain bridge protocol built on Substrate, the “Golden Gate Bridge” of cross-chain ecology; Darwinia Network provides a secure, universal bridging solution that helps realize cross-chain asset management among heterogeneous chains such as Polkadot, Ethereum, and BSC.
Darwinia Network has won many honors and recognitions on the road to building a decentralized bridge chain. The project forms part of the Polkadot white paper and was selected to join the Substrate Builder Program and Web 3.0 training camp.
Tools and products developed by Darwinia have received three W3F Grants, and the project was formally recognized by Parity for its outstanding technological achievements. Gavin Wood, the founder of Polkadot, has praised Darwinia as one of the “most noteworthy Polkadot ecological projects”.
Crust Network Crust implements the incentive layer protocol for decentralized storage. It is adaptable to multiple storage layer protocols such as IPFS, and provides support for the application layer. Crust’s architecture also has the capability of supporting a decentralized computing layer and a decentralized clou..

Privacy blockchain Concordium raises $15M in token sale and completes MVP testnet

CryptoNinjas » Privacy blockchain Concordium raises $15M in token sale and completes MVP testnet
Privacy-centric blockchain Concordium, today announced it has finalized its MVP testnet and concluded a private sale of tokens to fund further development. The company secured $15 million in additional funding for its public and permissionless compliance-ready privacy-centric blockchain.
Late last month, Concordium announced joint venture cooperation between Concordium and Geely Group; a Fortune 500 company and automotive technology firm. The partnership will focus on building blockchain-based services on Concordium’s enterprise-focused chain.
Concordium recently completed testnet 4, which saw over 2,300 self-sovereign identities issued and over 7,000 accounts created, with more than 1,000 active nodes, 800 bakers, and over 3,600 wallet downloads. The successful testnet led to the release of Concordium smart contracts functionality based on RustLang; with a select group of community members participating in stress-testing the network. Test deployments for smart contracts included gaming, crowdfunding, time-stamping, and voting.
“The interest of the community, from RustLang developers, VCs, system integrators, family offices, crypto service providers, and private persons, has been amazing. Concordium has fielded strong demand from DeFi projects looking to build on a blockchain with ID at the protocol level.”
– Concordium CEO, Lone Fonss Schroder
Concordium will bring its blockchain technology for broad use, which also appeals to enterprises with protocol-level ID protected by zero-knowledge proofs and stable transaction costs to support predictable, fast, and secure transactions.
Its core scientific team is made up of renowned researchers Dr. Torben Pedersen, creator of the Pedersen commitment, and Prof. Ivan Damgård, father of the Merkel-Damgård Construct.
The Concordium team intends to announce its post-mainnet roadmap in the coming days.
CryptoNinjas » Privacy ..

Crypto derivatives exchange Bit.com adds Request For Quote (RFQ) function via Paradigm

CryptoNinjas » Crypto derivatives exchange Bit.com adds Request For Quote (RFQ) function via Paradigm
Bit.com, a cryptocurrency derivative exchange by Matrixport, today announced a new partnership with Paradigm, a crypto OTC liquidity network. Together, the two entities are launching a fully-automated Request For Quote (RFQ) protocol on Bit.com.
This new RFQ protocol will provide on-demand liquidity for large-size orders and competitive pricing for the following structures:

Single-leg structures (Outright Calls, Puts, and Futures) for BTC and ETH Multi-leg structures for BTC and ETH options/futures (such as Straddles, Strangles, Call and Put Spreads, and even future spreads) -Coming soon: Single and multi-leg structures for BCH Bit.com/Paradigm RFQ allows traders to simultaneously request two-way quotes from multiple dealers without revealing their identity or trade direction and then instantly execute on the best bid/offer.
Paradigm aggregates prices and displays the best bid/offer on Bit.com; execution is confirmed on Paradigm and settled within the user’s Bit.com account.
“With more financial institutions entering the crypto market, RFQ will play an important role in the growth of institutional crypto options trading by providing a single point of access to multi-dealer, block liquidity.”
– The Bit.com Team
CryptoNinjas » Crypto derivatives exchange Bit.com adds Request For Quote (RFQ) function via Paradigm

Unstoppable Domains announces highest price sale of a domain name NFT ever recorded

CryptoNinjas » Unstoppable Domains announces highest price sale of a domain name NFT ever recorded
Unstoppable Domains, a company building blockchain domain names, has announced the sale of its “win.crypto” blockchain domain NFT for a record $100,000 USD. The sale — which occurred on March 3, 2021 — stands alone as the most expensive domain name NFT ever recorded.
In line with the spiking NFT market growth, Unstoppable Domains unveiled its 94 premium sports and gaming NFTs for public sale, with domain name NFT offerings including “win.crypto”, “baseball.crypto” and “gambling.crypto”. Within the first three days of March, Unstoppable Domains was able to facilitate the largest domain name NFT sale in history with the “win.crypto” blockchain domain.
“The NFT market is experiencing unprecedented growth, and is drawing more attention to the space,” said Brad Kam, co-founder of Unstoppable Domains. “While most people assume NFTs are digital art, the reality is there are a substantial number of NFT use cases that don’t center around art — like domain names. Domain name NFTs, much like .com names can act as homes for decentralized websites, in addition to replacing complex cryptocurrency wallet addresses with a human-readable name.”
Following the successful sale of the premium sports and gaming domain name NFTs, Unstoppable Domains will unveil a new batch of premium domain names on a weekly basis, with categories spanning travel and transportation to electronics and finance. Premium domain names are sold on a first-come, first-served basis.
The record sale of the “win.crypto” blockchain domain comes on the heels of Unstoppable Domains’ February announcement that allows any internet browser access to the .crypto extension just like a .com to view a decentralized website with a single DNS setting change.
To date, Unstoppable Domains has registered over 540,000 domain names.
CryptoNinjas » Unstoppable Domains announces highest price sale of a domain name NFT ever record..