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HUMBL To Use BLOCKS To Initiate Strategic Collaboration on Blockchain Initiatives

In the blockchain industry, partnerships and strategic collaborations are essential for industry growth and expansion. With the boom of the relatively young decentralized finance (DeFi) and non-fungible token (NFT) market, projects need to collaborate to consolidate on the rise and further drive the market higher. There have been several notable partnerships within the blockchain industry, but the newest that has been making waves is the collaboration between BLOCKS and HUMBL.

Both are currently experimenting with the use of sidechains and bridges to minimize the cost fees on NFTs by close to 98%. With this partnership, HUMBL has become the first among the growing number of companies within the Blocks Builders to leverage the various Blocks Builder’s Modules to build better using BLOCKS.

The Goal of the Collaboration Between BLOCKS And HUMBL

There are lots of things that will be achieved through this collaboration. Both platforms are already working on improving the non-fungible token (NFT) metadata storage across projects like music and video. They are also trying to develop a better “verified by BLOCKS ” registry built to enable users to authenticate, track, and verify their NFT holdings irrespective of their location. Both BLOCKS and HUMBL are also experimenting with BLOCKS builders blockchain plugin modules that include ticketing, real estate, payments, etc., on the HUMBL Wallet and the HUMBL platform.

In the words of Adam Wolfe, the lead blockchain consultant at BLOCKS, “Whether it was Cisco packaging router and switches, or Apple packaging megabytes and cell minutes on their partner networks, every technology cycle has paired consumer packaging companies and the network they run on. The HUMBL and BLOCKS Network teams hope to do the same thing here, in giving global consumers a smarter blockchain grid and simple packaging layer on top of it.”

What is BLOCKS?

BLOCKS is the first legally registered Wyoming DAO LLC in the blockchain industry. They are currently an open-source software stack for DAOs, including a library of governance protocols and friendly interfaces to build and manage DAOs. The team is also open to partnering, collaborating, or joining forces with like-minded entities, individuals, as well as network participants to set the standard for a legally registered DAO LLC. The BLOCKS platform is poised to connect industries and enterprise-grade technologies to the blockchain network by employing an industry and blockchain agnostic approach.

Working closely with Wyoming legislatures, BLOCKS is able to build the first legally registered decentralized autonomous organization (DAO) in the world. The team believes that BLOCKS DAO is a beacon of the future and critical to their journey of progressive decentralization. According to the information available on the BLOCKS website, they will pave the way for DAOs across the world as a model of compliance and accountability. You can also join the BLOCKS waitlist to enjoy these services.

At the heart of the BLOCKS, DAO, and Builder Program is the BLOCKS Token. The token powers everything from on-chain governance to enterprise transactions happening within the BLOCKS Builder’s partnerships. More details about the BLOCKS can be accessed on the BLOCKS blog page.

Overview of HUMBL

HUMBL is a consumer blockchain company that works to simplify the use cases of blockchain technology. The company simplifies blockchain use cases across verticals such as payments, ticketing, non-fungible tokens, and real estate. HUMBL is connecting consumers and merchants in the digital economy. The HUMBL ecosystem is being developed to support the over 162 million freelancers in Europe and the United States.

For freelancers, HUMBL makes it possible for them to receive payment from wherever they are and whenever they need them. It gets more interesting with HUMBL; anybody can become a merchant in just a day without additional hardware or even strict contracts. HUMBL also designed a payment app for consumers across borders and currencies. For more details, you can read the HUMBL blog.

 

Will Cardano Be Unveiling DEXes This Christmas?

The post Will Cardano Be Unveiling DEXes This Christmas? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Cardano network has been sailing the treacherous storms lately, the recent market crash has been an addition to the prevailing agony. Howbeit, the sixth-largest crypto has been making rounds on public platforms. As the::Listen

cardano

The post Will Cardano Be Unveiling DEXes This Christmas? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Cardano network has been sailing the treacherous storms lately, the recent market crash has been an addition to the prevailing agony. Howbeit, the sixth-largest crypto has been making rounds on public platforms. As the protocol sees growing impetus in its use cases. 

Charles Hoskinson reveals the arrival time frame of DEXes built on Cardano. Meanwhile, Cardano’s native token ADA holds its price well above the $1 mark despite the market crash. Enthusiasts from the community are looking forward to the digital asset breaking through the barriers towards previous highs.

Will Cardano’s DEXes Help Cardano Network Emerge From Its Shadows?  

   Charles Hoskinson reveals on a public platform that decentralized exchanges on Cardano are just weeks away. Which might probably arrive by Christmas time. He further mentions that he is proud of the team for their toil and pulling-off things swiftly with Sundaeswap. 

The firm will be launching the testnet on the 5th of December, which CoinPedia had earlier reported. Alongside the network hitting the new milestone of 20 million transactions without a single outage in the network’s four-year history. And the De-Fi protocols in the works, while hosting projects like Fracada. 

Is Cardano (ADA) Price Heading Towards The Moon?

ADA at press time is trading at $1.40 while registering losses of 11.8%. The market cap of the sixth largest crypto is currently hovering around $44,872,286,405. Whilst the trade volumes for around the clock are at $3,812,400,066. ADA price has been trading in the frequency from $1.17 to $1.61.

As CoinPedia had previously cited, ADA price has managed to stay well above the $1 mark despite the shortcomings. The digital coin could retest levels around $2.3 post claiming its resistance levels around $1.88

Summing up, Cardano withstanding the high tides is praise-worthy. The utility projects rolling out from Cardano will instill faith in investors and traders. The staking of ADA has been one of the pivotal reasons that have been assisting the price to withstand the shortcomings to a greater extent. With more projects going live, alongside the protocol receiving upgrades, Cardano could make its way to its previous growth metrics. 

HUMBL To Use BLOCKS To Initiate Strategic Collaboration on Blockchain Initiatives

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