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“Play To Earn” To Own Remitano Network’s RENEC Token

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“Play To Earn” To Own Remitano Network’s RENEC Token

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PRESS RELEASE. “Play & Earn” is no longer a strange term for most GameFi believers. Recently, Remitano Network, Remitano’s blockchain network, has launched a novel airdrop in the format of “Play to Earn”, allowing users to own the network’s RENEC token in the form of “group mining”.

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Starting from the free daily RENEC solo mining at Remitano.com, users can now mine together in groups to receive a larger amount of RENEC token airdrop as a reward. Each mining pool is called a mining room, and after 24 hours, the team members will split a larger amount of RENEC than the solo mining effort.

This is a fairly new form of airdrop in the market, making the traditional airdrop less boring.

Participation is quite simple. You just need to sign up for a free Remitano account and start mining solo or in groups.

Try RENEC mining for free here!

Refer to the official RENEC Whitepaper.

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The RENEC mining program is limited to a maximum of the end of Q3 of 2022, so the sooner you join the better your chances of owning more of the exchange’s tokens.

Remitano Network Launches Testnet

At the beginning of April 2022, the Remitano Network Team successfully launched a test network (Testnet) that promises strong moves of Remitano, a 9-year-old crypto exchange, in the world of blockchain.

The Testnet network launched with the appearance of the Testnet RENEC wallet which allows registered users to receive 100 testing RENEC into the wallet. You can also register to receive 100 RENEC to Testnet wallet here.

The RENEC mainnet is expected to launch sometime between the end of Q2 and Q3 of 2022, which is also the time when the RENEC airdrop program ends.

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The potential of Remitano Network

In addition to taking advantage of owning RENEC Token from now on, perhaps what the community is most interested in is which applications will appear first on the network.

Although the development team has not officially announced the first applications to run on the network, with recent observations based on Remitano’s activities, we can predict their next steps. Here’s what we’ve been able to observe in recent times:

Firstly, a decentralized exchange will appear on the Remitano Network this year according to the development roadmap mentioned in the RENEC whitepaper. This is the basic step and premise of many blockchain networks today.

Also in the whitepaper, Remitano talks about bringing P2P transactions between cryptocurrencies and fiat on the blockchain, along with a decentralized KYC service. Imagine, RENEC will become the first blockchain to support on ramp off ramp and users do not need to go through centralized exchanges.

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What does this mean for developers of decentralized applications (dApps)? Take, for example, popular play-to-earn games like AXEI, STEPN. New users have to go through multiple registrations on various exchanges to be able to convert between fiat and crypto, before they can start participating in the app. This creates a huge barrier for new users, making developers limited in terms of audience.

With Remitano Network supporting decentralized KYC on the blockchain, P2P fiat crypto trading can take place right in decentralized applications. Allows users to cash in cash out easily right in the app without having to move around or need a lot of blockchain knowledge. For app developers, this means reaching out to the general population, easily reaching new users.

It seems that NFT5, BombCrypto and ToCom will be the pioneer projects for this approach.

However, what few people notice is that in 2022 it is Remitano that has entered into a strategic alliance with NFT5.io. Thus, it can be predicted that NFT will be one of the prominent applications on this blockchain network in the near future.

At the same time by the end of 2021, Remitano also has a strategic cooperation with BombCrypto, an NFT game in the Play to Earn genre.

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And according to an unofficial source, a GameFi community in the form of Play to Earn will be invested and developed by Remitano to promote community interest in blockchain and crypto in general. A website shared recently by the GameFi community called https://tocom.io/ is said to be developed by Remitano.

Linking the above facts, we can imagine the future picture of Remitano Network Blockchain. Do you think the growth potential of the network is extremely large?

About Remitano

Remitano is one of the largest peer-to-peer (p2p) cryptocurrency trading platforms in the world, currently serving users in more than 30 countries. The platform provides an escrowed p2p crypto marketplace allowing users to buy bitcoin and cryptocurrency easily and safely. Remitano is a market leader in the p2p platform space, featuring an intuitive and user-friendly interface, 24/7 customer support, and boasts some of the lowest fees in the industry.

Got Questions?

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Reach out to Remitano via:

E-mail: marketing@remitano.com

Socials: Fanpage, Group, Instagram, Twitter


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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LBank Exchange

LBank Exchange Will List Delio (DSP) On June 30, 2022

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LBank Exchange Will List Delio (DSP) On June 30, 2022

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PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Delio (DSP) on June 30, 2022. For all users of LBank Exchange, the DSP/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on June 30, 2022.

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Its native token DSP will be listed on LBank Exchange at 16:00 (UTC+8) on June 30, 2022, to further expand its global reach and help it achieve its vision.

Introducing Delio

– Delio is a leading company in the Web 3.0 industry in South Korea.

– Delio is the top crypto-asset financing company recognized by the Korean institutions having a cumulative savings and lending volume of $2 billion in 2021.

– Having established in 2018 in Seoul, Korea, Delio is a legitimate service provider that has formally acquired the Virtual Asset Service Provider (VASP) license from the Financial Services Commission (FSC).

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– The major services of the company include crypto-asset savings, crypto loans, decentralized exchange (DEX), prime brokerage service (PBS), and NFT marketplace (01etc.com). In addition, Delio is developing fiat loans, a blockchain point system (DXpoint), and an e-commerce platform.

About DSP Token

DSP is the governance token of the Delio crypto finance ecosystem.

DSP token plays a major role in the crypto asset services of Delio such as APY bearing wallet, cryptocurrency lending, cash loans, NFT marketplace, and virtual asset management, collectively named as Delio Services. It’s also a governance token of Delio protocol allowing holders to influence and vote on future development decisions.

The owner of DSP can participate in Delio’s governance, voting, various yield farming events, and benefit from transaction fees. The more DSPs the user holds, the more voting power the user will have in Delio ecosystem. In addition to the major governance functions in the ecosystem, DSP rewards and DSP-backed financial products are under further development.

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A total of 500 million (i.e. 500,000,000) DSPs have been minted at genesis, of which 60% is provided for Delio community members, 20% is allocated to team members and future employees with 1-year vesting, and the rest 20% is allocated to investors and advisors with 1-year vesting.

The DSP token will be listed on LBank Exchange at 16:00 (UTC+8) on June 30, 2022, investors who are interested in Delio investment can easily buy and sell DSP on LBank Exchange by then. The listing of DSP token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about DSP Token:

Official Website: https://Delio.global

Telegram(ENG): https://t.me/delio_en

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Telegram(KOR): https://t.me/happy_delio

Twitter: https://twitter.com/happydelio

Linkedin: https://www.linkedin.com/company/happydelio

Instagram: https://www.instagram.com/delio_global/

Facebook: https://www.facebook.com/delio.global

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Medium: https://medium.com/dsp-official

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

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l Telegram

l Twitter

l Facebook

l LinkedIn

l Instagram

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l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

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business@lbank.info


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Cappasity

Cappasity To Launch The Solution For Creating NFT-Based Loyalty Programs

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Cappasity To Launch The Solution For Creating NFT-Based Loyalty Programs

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PRESS RELEASE. SANTA CLARA, CA, June 29, 2022/ — Cappasity provides solutions for 3D digitizing of products for online stores and classifieds. Soon, the platform will offer an NFT service, allowing store owners to create a new communication and marketing channel with their customers.

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Cappasity users will get the opportunity to create NFTs based on uploaded 3D product visuals in just a couple of clicks. On top of that, a Cappasity NFT contains a section for additional materials that can be added even after the store’s customer receives the NFT. In this way, the NFT owner gets access to an individual VIP channel for communicating with the business. They could receive exclusive offers, unique materials, or invitations to the special events.

Demo of creating an NFT on the Cappasity platform:

Stores will be able to give NFTs to their customers as a gift or sell them directly on the platform. Cappasity’s enterprise clients will also be able to use tools, allowing them to provide customers with a unique NFT along with the sold physical item. Using NFTs for creating a loyalty program is a perfect way to engage consumers through unique and exciting digital experiences and gain a competitive edge in the market.

“We’re going to launch the beta version of the service this summer, and continue to add more functionalities to Cappasity NFTs. First, we’ll provide our clients with the opportunity to create NFTs on the basis of the uploaded content. Next year, we’ll launch a marketplace with immersive NFT content. At the moment, we are raising a new round of funding to grow the company business, open new offices and invest more in marketing,” comments Kosta Popov, Cappasity CEO.

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If you’re a representative of an enterprise business and want to try NFTs for creating a loyalty program, please send an e-mail to support@cappasity.com. For partnership and investment information, contact Cappasity via info@cappasity.com.

About Cappasity

Cappasity makes it easy to create and integrate immersive content based on 3D/AR technologies. Innovative experiences increase user engagement, brand awareness, and sales, while AI-powered analytics provide insights into how users view content online. 3D demonstration creates an unforgettable experience that can be used for product presentation, sales, interactive exhibitions, and auction houses.

Company website: https://cappasity.com/tech

3DShot website: https://3dshot.io

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Stay tuned and follow us on Instagram, Twitter or Facebook for more news!

Press Contact

Rachel Madsen

+1 415 8002844

https://www.cappasity.com

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This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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koinly

Crypto Losses? Koinly Reveals 5 Tax Hacks You Need Now

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Crypto Losses? Koinly Reveals 5 Tax Hacks You Need Now

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PRESS RELEASE. With crypto markets down around 50% in the past month and over 70% from their highs in late 2021, many crypto investors are searching for answers after their profits from the last few years have evaporated into the ether.

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Following the incredible bull market, crypto investors enjoyed over 2020 and 2021; you may now find yourself nursing losses rather than gains ahead of the upcoming tax season. Crypto tax platform Koinly shares 5 little-known tax hacks you need to know after the crypto crash.

1. Pay less tax by holding

Want to avoid paying tax on crypto? While you can’t dodge your tax obligations entirely – there are quite a few ways you can optimize your tax position. But here’s the catch, you’ll need to do it before the end of the financial year to pay less tax overall.

You’ve probably heard it before, but the easiest way to pay less crypto tax is to simply HODL. In many jurisdictions, holding your crypto investment (or other assets like shares) for longer than one year qualifies any gains as long-term capital gains. Depending on where you live, any crypto sold 12 months after purchasing is:

  • Tax-free in Germany
  • Discounts capital gains tax by 50% in Australia
  • Taxed at lower tax rates of 0%, 15% or 20% in the US, depending on individual income over the year

2. Tax-free gains

Tax-free thresholds on your capital gains can help you automatically owe less tax. In the UK, individuals have a CGT allowance of up to £12,300 before paying tax. Germany has a relatively low threshold of €600, while Australians have no such allowance. If you’re in the US, the IRS states any individual’s income under $40,400 pays no Capital Gains Tax.

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Knowing the tax-free maximum for capital assets in your country is a great way to help determine your crypto disposal strategy, so make sure you understand how crypto is taxed wherever you are.

  1. Offset your gains with losses via tax-loss harvesting

Tax-loss harvesting allows you to claim capital losses by recognising and selling your assets at a capital loss. These capital losses may be carried forward against future capital gains and even over multiple financial years.

For example, if you made $10,000 after buying and selling Bitcoin but lost $10,000 after selling your Ether, you won’t owe any tax since you broke even. This also works if you’ve had a good year in share trading, you can offset those gains with crypto losses.

However, if you have an unrealized loss and do not crystallize it by selling before the end of the current financial year, you won’t be able to take advantage of this capital loss until next year’s tax return.

Be careful of wash sales rules which prohibit selling assets at a loss to create an artificial loss this financial year, then immediately repurchasing them. To avoid this, you can swap one crypto for another cryptocurrency or sell and buy a different cryptocurrency (sell ETH for USDC and then buy BTC).

  1. Track your crypto to spot opportunities

Tax offices, including the IRS, HMRC and ATO, demand investors keep detailed records over at least 3-5 years. With shares, this may be easy, but in crypto, with dozens of different wallets, hundreds of blockchains, multiple exchanges, DeFi protocols and NFT platforms, it can be a headache come tax time.

Using crypto tax software like Koinly not only helps you file your crypto taxes in half the time, but it can also help you track your unrealised gains and losses for each asset throughout the financial year.

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5. Pick the best cost basis method

When calculating your crypto taxes – the cost basis method you use matters. It dictates which of your assets you’ve sold and how much your subsequent capital gain or loss is.

First in, first-out (FIFO) tends to produce the highest gains but may lower your tax bill if a long-term CGT discount applies in your country. Alternatively, last in, last out (LIFO) usually produces the lowest gains but may increase the tax rate you pay due to paying short-term CGT.

Koinly supports both of the above cost basis methods (and more) – so check out your settings to see which accounting method could produce the lowest tax liability. Talking to an accountant about your crypto taxes can be helpful for you to navigate any confusion and ensure you’re doing the right thing while still optimizing your taxes.

About Koinly: Koinly calculates your crypto taxes for you, catering to investors and traders at all levels. Whether it’s Crypto, DeFi or NFTs, the platform helps you save valuable time by reconciling your holdings to generate a compliant tax report in under 20 minutes. Sign up today and see how much you owe!

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This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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