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SOL Meme And PolitiFi Colossus, Solciety Raises $300k In Under 48 Hours | EVM News

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London, London, June 20th, 2024, Chainwire

Solciety, a prominent player in the PolitiFi meme coin sector, has successfully raised over $300,000 within the first 48 hours of its presale, which commenced at 14:00 UTC on 18th June. The presale is scheduled to run for 30 days, concluding on 18th July.

The presale success aligns with the heightened interest in PolitiFi tokens during this significant US election year. Solciety aims to capitalize on this trend, appealing to a broad audience with its unique “political party for degens” branding.

Solciety invites all interested parties to participate in discussions on its social channels.

A total of 3 billion out of the 10 billion Solciety tokens are available for purchase this month before the coin becomes available for public trading. The presale includes price increases every 72 hours by smart contract, offering early supporters an opportunity to purchase tokens at a lower rate. Stage 1 buyers can acquire tokens at $0.0015, with the price set to reach $0.0040 by the end of the presale, resulting in a 169% price increase for the earliest participants.

Solciety combines elements of SOL meme coins and PolitiFi, both of which have shown strong performance in the current crypto market.

Solciety (SLCTY) tokens are available for purchase on the Solciety website.

Overview of Solciety

Solciety positions itself as “the political party for degens,” bringing together meme enthusiasts and investors. The core of its strategy is the Meme Campaigner, which drives its viral success through politically-themed memes featuring characters such as Donald Pump, Badimir Putin, and Kim Wrong Un.

To incentivize content creation, 10% of the SLCTY token supply (one billion tokens) is allocated to reward prolific meme creators. This initiative aims to increase the project’s visibility across social media, leveraging the 2024 election cycle for further outreach.

Solciety has garnered attention from top crypto influencers, including ALTCOIN-BEAR, The PEPE ARMY, ShibArmy1000x, and BscGems1000x, who collectively have 835k followers.

On top of all this, Solciety has been fully audited by German veterans Solid Proof – the smart contract is watertight, meaning both new traders and seasoned degens can invest with complete peace of mind.

Solana memes and PolitiFi: Solciety’s PR strategy

Solana meme coins are a defining trend of 2024, with Solciety poised to benefit from SOL’s lower transaction fees compared to Ethereum. This has facilitated the rise of various projects within the meme coin space, namely dogwifhat and Bonk.

These two coins have become mainstays in the top 100 most capitalized coins as of the time this release was published. They’ve seemingly come out of nowhere, benefiting thousands of degens in the process. Dogwifhat rallied by an incredible 50,000% between December and March, with BONK also producing returns of 6,700% over a 12-month period.

PolitiFi is also home to many of 2024’s most notable rallies, with this new sector incorporating another market trend that could elevate Solciety’s standing. Coins relating to politicians are showing activity in sync with the election season, with the sector totaling over $1 billion in market capitalization; this figure has the potential to increase further as the election year progresses.

SLCTY tokens are currently available for $0.0015, with prices set to increase every 72 hours by smart contract. Early participation secures the lowest entry price.

Solciety (SLCTY) tokens are available to purchase on the Solciety website.

About Solciety

Solciety is the answer to the corrupt, dull, and economically inept politics of today. It aims to unite degens under the umbrella of memes and potential for gains. With its advanced meme-generating tech and SLCTY token, Solciety is here to harness election buzz and dominate the 2024 PolitiFi scene by offering degens a fun and potentially lucrative way of taking part in current affairs. 

For more information about Solciety (SLCTY), users can visit the website.

Website | Whitepaper | Socials

Contact

Solciety
marketing@solciety.io


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Donald Trump Champions Bitcoin: Calls For Bitcoin As Strategic Reserve Asset | EVM News

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Former President Donald Trump has expressed strong support for Bitcoin, suggesting it should be considered a strategic reserve asset. He warned that restricting Bitcoin’s growth would benefit China and Russia.

Donald Trump, the 45th President of the United States, is known for his outspoken views on a wide range of topics. Historically, Trump has been skeptical of Bitcoin and cryptocurrencies, labeling them as volatile and potentially fraudulent. However, his recent endorsement of Bitcoin as a strategic reserve asset marks a significant shift in his stance, highlighting the evolving perception of digital currencies in the global financial landscape.

Former President Donald Trump has again shown strong support for Bitcoin. He said that Bitcoin could be considered a strategic reserve asset, according to a Forbes report.

Sam Lyman, the policy director of top bitcoin mining firm Riot, responded to this recent stance of Trump & said that Trump acknowledged Bitcoin’s geopolitical significance and warned that policies hindering its growth would benefit China and Russia.

Trump’s endorsement positions him as the first major political party nominee to embrace Bitcoin in the USA, likely aiming to gain support from cryptocurrency enthusiasts in the upcoming US presidential election. This move highlights his recognition of Bitcoin as a strategic reserve asset and seeks to appeal to the growing community of crypto supporters.

Cynthia Lummis’s support for Bitcoin 

The US Senator Cynthia Lummis from Wyoming, known as the “Crypto Queen” of Congress, has recently suggested that the Federal Reserve diversify its foreign currency holdings by adding Bitcoin to its balance sheet. Lummis believes Bitcoin is an excellent store of value and advocates for the government to diversify its investments to include the cryptocurrency.

These days, Cynthia is planning to appear at a major Bitcoin-focused event to share her thoughts on the future of Bitcoin adoption in the US under the new crypto bill.

Read also: Ethereum Surges 100% Against Bitcoin in Annual Revenue from Transaction Fees




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E Money Network Launches $2 MILLION RWA Grant Program To Spearhead RWA Ecosystem | EVM News

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Bengaluru, India, July 3rd, 2024, Chainwire

E Money Network, a modular RWA blockchain, has launched the biggest RWA grant program in the crypto space, totaling $2 million, to enable RWA projects to build on their blockchain and accelerate the development of the RWA economy. 

E Money Network’s Architecture Unlocks a World of Possibilities

E Money Network is an L1 blockchain that acts as a foundational network for building RWA projects. Apart from a developer-friendly SDK for customized features, it also has standard ready-made modules such as KYC verified onboarding, banking, staking, governance and more that can be incorporated directly into applications. The E Money Network supports interoperability with Inter-Blockchain Communication (IBC), allowing the development of applications that can communicate with other IBC-compatible blockchains. 

E Money Network has built-in compliance modules including Know Your Customer (KYC), Know Your Ownership (KYB) and Know Your Transaction (KYT) to enable adherence to the upcoming Markets in Crypto Assets (MiCA) regulations. These features ensure that every entity and transaction in an application built on the E Money Network is also MiCA compliant by default. 

Objectives of the Grant Program 

As a part of its #BUIDLonEMN initiative, E Money Network invites developer teams with disruptive RWA-centric ideas to build on the E Money Network and bring innovative solutions to life. Applicants can submit Requests for Proposals (RFPs) detailing their ideas for RWA applications . Its $2 million grant pool will be distributed as initial capital among eligible projects.

E Money Network’s CEO Raj Bagadi quoted “RWA ecosystem is in its nascent stages, and building the RWA ecosystem with numerable RWA-specific applications will help in shaping E Money Network’s trajectory and spearheading new advancements for the wider RWA ecosystem. Hence, we are launching the biggest grant program to enable the next generation of entrepreneurs seeking to rebuild the financial markets with RWA applications.”

Evaluation Criteria for Winning Grants

A group of technology experts, marketing professionals and experienced community members will form the selection committee for reviewing grant applications. Applications to the grant program will be evaluated on the basis of the following criteria –

  1. The project’s objective and scope
  2. The anticipated impact of the project
  3. The project’s milestones and KPIs
  4. Expected budget
  5. Team details including roles, responsibilities and prior experience of each team member
  6. Product roadmap

Each proposal must include at least three milestones with measurable KPIs such as user growth, TVL increase, transaction volume, etc. 

Depending on the afore-mentioned factors, projects can become eligible to win grants ranging from $5000 to $50000 based on requirements and scale of the product. Additionally, E Money Network will also provide winners of the grant program access to mentorship from industry experts, legal and compliance support, marketing and growth support, networking opportunities with other RWA projects and E Money Network’s core developers. 

How to Apply

Interested developers and builders can join the #BUIDLonEMN initiative by filling out the grant application form here and joining E Money Network’s grant channel on Discord. After the submission of the application, the selection committee will evaluate the project. Successful applications to the grant program will be notified along with further instructions. 

About E Money Network

E Money Network is the regulated Modular RWA blockchain. It serves as an L1 blockchain designed for seamless interoperability between DeFi 2.0 and RWA tokenisation, effectively establishing a network that aims to bridge the liquidity divide between Web 2.0 and Web 3.0.

For more information users can visit: X | LinkedIn | Blogs | Whitepaper  

For media queries, users can contact: marketing@emoney.network

Contact

Head of Marketing & Branding
Shivangini Agarwal
E Money Network
marketing@emoney.network




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Transforming Online Gambling And Community Engagement: Mpeppe (MPEPE) Unveils Strategic Innovations | EVM News

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Frankfurt, Germany, July 2nd, 2024, Chainwire

Mpeppe (MPEPE) is emerging as a transformative force, poised to redefine online gambling and community engagement. By going beyond mere financial transactions, Mpeppe (MPEPE) aims to build a vibrant, creative, and globally impactful community. This ambitious project embraces the spirit of soccer and integrates decentralized finance (DeFi) elements, driving positive change and creation through strategic community planning.

Mpeppe (MPEPE) in Online Gambling

Meme cryptocurrencies, known for their playful branding and viral marketing, have significantly influenced the online gambling sector. Mpeppe (MPEPE) stands out in this space for several compelling reasons:

  • Market Dynamics: The inherent volatility of Mpeppe (MPEPE) can create an engaging experience, drawing interest from those who are accustomed to the fluctuating nature of traditional gambling.
  • Viral Influence: Utilizing memes and internet culture, Mpeppe (MPEPE) engages audiences beyond typical cryptocurrency markets, increasing visibility and interest in online gambling platforms.
  • Reward Mechanisms: The Mpeppe (MPEPE) Casino offers an engaging gaming experience by utilizing $MPEPE and other cryptocurrencies for timely rewards, setting it apart from traditional online casinos.

Mpeppe (MPEPE) and DeFi: A Powerful Synergy

At the forefront of innovation, Mpeppe (MPEPE) is integrating DeFi protocols into its ecosystem, significantly enhancing its utility. Key features of this integration include:

  • Yield Farming and Liquidity Mining: Mpeppe (MPEPE) allows users with the chance to earn rewards through liquidity provision and farming activities, fostering an active community and incentivizing participation.
  • Decentralized Governance: empowers its community with decentralized governance mechanisms. This enables members to have a say in the project’s direction and development, promoting a sense of ownership and collaboration. The community-driven approach ensures that the interests of all stakeholders are considered, fostering a more inclusive and democratic environment.
  • Comprehensive Financial Services: Mpeppe (MPEPE) Integrating DeFi protocols allows Mpeppe (MPEPE) to offer a wide range of financial services such as lending, borrowing, trading, and yield farming without traditional intermediaries. Mpeppe (MPEPE) demonstrates the potential of DeFi to innovate within the financial sector.

Building a Global Community

Mpeppe (MPEPE) is a meme coin that aims to create a global community that celebrates creativity, soccer spirit, and real-world impact. It aligns its values with community interests, aiming to build a sustainable ecosystem. The project’s focus on soccer resonates with a global audience, creating camaraderie and shared purpose. This unique approach distinguishes Mpeppe (MPEPE) from other meme coins.

Join the Mpeppe (MPEPE) Movement

As Mpeppe (MPEPE) continues to grow and innovate, it invites individuals and investors to join its movement and be part of a community that values creativity, positive change, and creation. With its unique blend of meme culture, online gambling excitement, and DeFi integration, Mpeppe (MPEPE) is set to revolutionize the future of online gambling and community engagement.

About Mpeppe (MPEPE)

Mpeppe (MPEPE) is a meme cryptocurrency aiming to create a global community through strategic community planning. It integrates decentralized finance protocols and soccer spirit, driving positive change and creation. Mpeppe is a visionary project that combines online gambling excitement with DeFi innovation, fostering a global community united by soccer and a commitment to positive change.

For more information on the Mpeppe (MPEPE) Presale, users can visit Mpeppe (MPEPE) and join the community on Telegram | Twitter.

Users can use promo code $MPEPPE to get a 15% bonus.

Mpeppe (MPEPE) is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact

Marketing Team
Chris P
Mpeppe.io
team@mpeppe.io


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