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02/21/2022
VOYCEToken, a new cryptocurrency on Binance Smart Chain (BSC) is one of the most exciting charitable tokens, where global charities receive donations from each transaction. VOYCEToken is a non-deflationary token with a cap of 1 Trillion tokens. Each transaction of VOYCEToken donates 4% to homeless charities.
The presale began with a total sale token count of 90,000,000,000 VOYCE, valued at 450,000,000 VOYCE per BnB. The hard cap for presale was just 200 BNB (around $100K).
VOYCEToken completed its decentralized presale launch on PinkSale, selling out its hard cap of 200BNB.
Upon launching, VOYCEToken was available for the public to buy from decentralized exchanges like Pancakeswap and Poocoin. This was followed shortly after by FloozTrade. After the sellout presale and successful launch, VOYCEToken went on to be listed on the two biggest crypto price tracking websites ‘COINGECKO’ and then followed by ‘COINMARKETCAP’. Thousands of wallets have already bought VOYCEToken with many more sure to jump on board.
02/16/2022
Shumo, a deflationary token built on the Ethereum blockchain, is making waves in the crypto space having launched its token. Within a few days of launch, it has received noticeable volume without kick-starting its marketing.
Shumo intends to solve the problem of sustainability by generating its own revenue and holders share 100% of the profits.
Buybacks and Burns
Shumo offers periodic buybacks and burns to ensure its supply remains deflationary, importantly, token holders can vote on important issues, trade, and farm tokens. Although the project is in its infancy stage, CEO Caesar, believes that everything is geared towards Shumo becoming a household name in the cryptocurrency industry.
Features of the Shumo Eternal Empire Fund
Uniquely, it has created the Eternal Empire Fund that ensures 4% of all transactions are kept in the fund. The essence of the Eternal Empire Fund is to use it as an investment with all profits generated from it used to buy back and burn. 2% reflections means holders earn more tokens and the value of each token is going up.
The Eternal Empire Fund allows users to hold stable coins to buy altcoins when the market dips. It also offers different profiles, including high, medium, and low risks. Furthermore, the platform provides an opportunity to farm and earn tokens through the Shumo buyback feature. In addition, the investment allows you to buy and sell NFTs for profits while investing in other meme coins that are performing well.
The important part of the fund is that everyone can make short-term profit in the market. Interestingly, unlike other tokens that quickly fade out in the market once the inflow of investors reduces, that is different for Shumo as it generates its revenue.
According to the marketing manager, “Shumo doesn’t depend on frequent hyping for everyone to see its improvement in the chart.” In addition, investors get reflections, which helps increase the buyback price. Concurrently, investors receive more tokens as this takes place.
About Shumo
02/10/2022
Member of the Tennessee state legislature, Jason Powell, introduced a bill that could authorize various levels of the local and state governments to invest certain types of funds into digital assets such as non-fungible tokens (NFTs) and cryptocurrencies.
If approved and signed into law, not only would the legislation allow those types of investments at the state level, but lower municipalities that include counties, cities, towns, villages, and hamlets would have the opportunity to invest some types of surplus funds within the blockchain-based environment.
According to LegiScan, House Bill 2644, was officially submitted for legislative consideration last Wednesday, February 2. The published summary of the proposal on the website states that it “authorizes a county, municipality, or the state to invest in cryptocurrency, blockchains, and non-fungible tokens.” It does so by proposing to amend parts of state law pertaining to permissible investments and, in the case of counties, the allowed use of surplus or “idle funds.”
This would be a significant development for the cryptocurrency space if it becomes law. States manage hundreds of billions of dollars in pension funds for the respective unions of various state workers including: teachers, police and law enforcement, judiciary, corrections officers, highway and maintenance, state parks management, all elected officials, the state college systems and more. It might pave the way for other states to allow similar investments for a portion of their respective pension funds.
Such moves would spike the prices of established, proven crypto projects which are the types of investments that state finance directors and comptrollers look for to fulfill their fiduciary responsibilities to the past and present state employees.
Per LegiScan, the measure has been referred to a subcommittee within the House Finance, Ways, and Means Committee for consideration. It is not clear if there is a lot or a little support for this particular bill. State Rep. Powell has also introduced a separate measure that, if approved, would create a study commission focused on cryptocurrency and blockchain.
02/03/2022
McDonald’s jokingly said that it will accept payment via Dogecoin only if Tesla (NASDAQ:TSLA) accepts “Grimacecoin’’.
Tesla CEO Elon Musk has been urging McDonald’s to accept Dogecoin.
McDonald’s tweet is in response to Musk’s latest tweet on having a meal at the food company using Dogecoin.
McDonald’s has come up with a response stating it would accept Dogecoin (DOGE) for payment only if Tesla welcomes ‘’Grimacecoin’’ as payment.
McDonald’s tweeted this in response to the Tuesday tweet by Tesla and SpaceX CEO Elon Musk claiming that he would eat a Happy Meal on TV if McDonald’s accepts Dogecoin for payment.
only if accepts grimacecoin https://t.co/CQrmAFelHR pic.twitter.com/to9HmYJhej
— McDonald’s () January 25, 2022
Grimacecoin (GRC) is a purple-character coin issued on the Ethereum blockchain, which was featured in some of the marketing campaigns of McDonald’s.
Elon has been a staunch supporter of Dogecoin- a Shiba Inu-themed Japanese meme cryptocurrency started in 2013. Earlier this month, Tesla deployed Dogecoin for some of its merchandise. Elon’s tweet on January 25 helped boost Dogecoin price to stay afloat at $0.14 at the time of writing.
Recently, McDonald’s has also been tweeting about cryptocurrency, which paved the way for speculations on its Dogecoin acceptance. Two days ago, the company pinned a tweet that reads: “How are you doing people who run crypto Twitter (NYSE:TWTR) accounts?’’ To add, many tweeps have been in the front row posting memes about McDonald’s and cryptocurrency, especially during the recent price crash
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