Turkish blockchain project Metatime has raised $11 million from private funding to bolster its efforts to build an ecosystem of applications for Web 3.0. What does the interest in Web 3.0 mean for new cryptocurrencies like Dogetti(DETI)?

Promising blockchain project Metatime has announced that it has raised $11 million in private funding. Metatime raised the latest round of financing in a 2-stage seed sale. Investors in the funding round include Halkbank, Kalyon Holdings, Yildiz Technical University and Turk Telecom.

The latest round of funding will significantly bolster the project’s push to develop an expansive decentralised ecosystem for Web 3.0. Web 3.0, or the decentralised web, is called the future of the internet. Web 3.0 paints a picture of the future internet as an open, transparent, and decentralised space. Web 3.0 applications use blockchain technology for their decentralised architecture.

Cryptocurrency and the Opportunity of Web 3.0

An early criticism levelled against crypto was how its fractured nature though hugely beneficial on paper, cryptocurrencies existed in a world removed from the real world, with limited adoption and uses cases. But, as the internet becomes a more open and transparent network, cryptocurrencies benefit most from this shift. Web 3.0 allows cryptocurrencies to build ecosystems rivalling the traditional financial system. The ecosystems many cryptocurrency projects envision have the potential to be more attractive than the model put forward by the conventional financial system, with decentralisation being a core idea of these ecosystems.

By using blockchain technology, Web 3.0 applications forego the need for intermediaries for verification of the validity of their interactions. Likewise, cryptocurrencies offering financial services apply this principle to deliver their services without intermediaries, operating by the principles of Decentralised Finance (DeFi).

Against the backdrop of the growing popularity of DeFi and crypto ecosystems, Metatime raising significant funding from private investors is great news for cryptocurrencies, both new and established players. As the interest in Web 3.0 and DeFi grows, so will the flow of investor money to the projects engaged in these fields. This would, in turn, spur growth in cryptocurrency projects and the development of crypto ecosystems with decentralised applications. The growth in new crypto projects, the shift to Web 3.0 and the growing clout of DeFi will create organic growth in the crypto market, and bull runs in the offing for cryptocurrencies with functional decentralised ecosystems in place.

Is There a Bull Run in the Offing for Dogetti?

Cryptocurrencies that are moving to establish deep ecosystems that will host decentralised applications have bright long-term prospects, and the same stands for Dogetti. Dogetti is a blockchain project focusing on creating a comprehensive ecosystem around its native token DETI. The Dogetti is fully subscribed to the idea of a DeFi ecosystem and shifting wealth from the traditional financial ecosystem to the DeFi ecosystem it will provide.

Dogetti places the values of collective decision making and community centricity at the core of its ecosystem. The Dogetti DAO will allow its community members to vote on any decisions about the network. The Dogetti ecosystem looks to build a financial ecosystem with its users at the centre of decision-making.

As investor attentions shift to projects focussing on blockchain-based digital ecosystems, the Dogetti and DETI stand to gain a lot. DETI will have the market’s confidence through its ecosystem and plans for DeFi projects on it. This, in turn, can catalyse bull runs for the Dogetti and others with plans to develop deep crypto ecosystems.

Dogetti (DETI)

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

One of Hong Kong’s new investment funds – ProDigital Future – is looking to raise a total of $100 million for investment into the digital asset industry, as part of a larger drive on the country’s part to become a Fintech hub.

The fund is led by Ben Ng and Curt Shi. Ben Ng is a venture partner at an Asian private equity firm called SAIF partners. Curt Shi is a long-time tech investor. Together, the pair have managed to secure funding commitments to the tune of $30 million.

The inflow of money comes at a time when the U.S. is cracking down heavily on crypto firms. On the other hand, Hong Kong is trying to court as much investment as possible to break out of the 3-year slowdown, mainly because of covid-related controls across the country.

ProDigital Future’s investment strategy is to target early-stage and developing ventures, mostly Chinese-connected tech companies that are transitioning into emerging technologies such as Web3.

Until now, the fund has invested in six digital asset projects, including Metaverse Company Gigaspace and sports club One Future Football.

As expected, Investors have been cautious about pitching their money to new crypto projects but there is considerable interest from Hong Kong families and also Chinese Families from Australia and Singapore.

Alongside private companies, the Hong Kong Government is also interested in courting investment inflows into the crypto industry.

On the 28th of April, a round table meeting will be held to brainstorm the various ways the country can use to become a global hub. Discussions will also be held on how to make crypto products user-friendly and compliant with government regulations.

China’s hostile attitude toward digital assets in previous years affected the investment climate in Hong Kong as well since the two countries’ economies are deeply connected.

Since the U.S. – particularly the SEC – has been hard on this industry, other countries including El Salvador, Thailand, and now Hong Kong are actively trying to attract investment into their countries.

Not every country is eager to create crypto hubs. Singapore remains wary of cryptocurrency trading but is interested in the use cases of blockchain and the innovations cryptocurrency has to offer.

Signuptoken.com Attracts a Lot of Hype with its Email Sign-Up Program

This is a cryptocurrency operating on a concept you have probably never heard of before.

Signuptoken.com is signing up email registrations for its hyped crypto project. Once the website successfully registers 1 million emails, the users who signed up will get notified of when the token goes live and enjoy the benefits of being early members.

So far, Signuptoken.com has signed up 3,000 email addresses and continues to gain traction in the crypto community.

Want to get in on the ground floor of Signuptoken.com? Simply register your email address and hang tight!

Sign Up with Signuptoken.com:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

Blockchain explanation Blockchain is a decentralized, immutable database that streamlines business network asset tracking and transaction recording. An asset might be material (such a house, vehicle, cash, or piece of land) or intangible. Practically everything of value may be recorded and traded on a blockchain network, which reduces risk and boosts efficiency for all parties.

The importance of blockchain technology Businesses needs the information to function. It is ideal if it is swiftly acknowledged and accurate. Since it delivers real-time, shareable, and completely transparent data that is held on an immutable ledger and only available to participants of a permissioned network, blockchain is the perfect technology for delivering this type of information. A blockchain network may, among other things, monitor orders, payments, accounts, and production. You can observe every facet of a transaction from beginning to end since everyone has access to the same truth as well, which boosts your confidence and creates new opportunities.

Each transaction is tracked by a “block” of data after it has taken place. These transactions demonstrate the transfer of commodities, which might be either an intangible or a tangible product (intellectual). Information about who, what, when, how, the how, and even the state, such as the temperature of a food shipment, may be included in the data block. There is a connection between the bricks that happened earlier and later. These blocks form a chain of information whenever an object is transferred between locations or when ownership changes. The blocks guarantee the precise time and sequence of transactions, and they securely connect to one another to avoid any blocks from being modified or from being added between two existing blocks. An indestructible network of data is called a blockchain wheretransactions are blocked together.

Every new block strengthens the verification of the previous block and, consequently, the chain in its entirety. This makes the blockchain tamper-evident and provides it with its essential strength of immutability. By doing so, you and other system users may establish a reliable record of all transactions, removing the possibility of manipulation on the part of malicious actors.

What ought to alter: Operations routinely waste time and money on redundant record-keeping and third-party validations. Systems for keeping records might be vulnerable to cyber-attacks and fraud. A lack of transparency may make it more difficult to verify data. And the proliferation of IoT has increased the volume of transactions. As all of this drags down the business and hurts the bottom line, we need a better answer. Introducing blockchain.

How Mooky blockchain can save the environment?

The management of MOOKY, a token owned by the community, is decided by a DAO vote. Owners of the platform are token holders.

Beta testing is presently taking place for MOOKY’s pre-sale. Be a market inventor for the community-controlled and soon-to-take-off Defi meme currency.

The cutest and coolest meme token of 2023 is MOOKY! To improve our environment and bring about change, we will assist in planting trees all around the world.

Because there is no tax, there are no slippage requirements when buying or selling on Mooky. The best alternative for the community is low-tax tokens. For two years, the liquidity will be restricted. There are no private sales, VC, or team tokens.

3D Mooky NFTs are inventive and useful! Each NFT also has a verifiable connection to a tree that was planted in the actual world. You can become a member of the Mooky Ventures club if you own a legendary or extremely rare card. Just give it a go! Create one of our unique NFTs.

With the Ventures club, owners of legendary and ultra-rare NFTs are given a special advantage. Profit from our offerings, biweekly airdrops from our collaborative platforms, and passive income from our investment portfolio. Everything is visible on a dashboard!

Market volatility is unavoidable with cryptocurrencies. The decentralized feature is making it a more dynamic, and rapidly evolving space. Hence, even long-standing projects fail to sustain themselves if they do not evolve. Combined with the bearish market conditions, it has made nailing a secure and profitable cryptocurrency daunting.

Currently, TMS Network (TMSN) stands a notch above the crowd with its performance. It has grabbed the attention of investors from mainstream cryptos like Algorand (ALGO) and Cosmos (ATOM). Here, we try to gain insight into the developments.

Cosmos (ATOM) Prices Fall Despite Active Community

For the last few months, Cosmos (ATOM) community has been active, as indicated by the increase in its number of ‘draft props’ and forum activities. Cosmos (ATOM) is also introducing a new Governance Hub to streamline the onboarding of consumer chains, and increase their adoption.  However, the Cosmos (ATOM) community could not adopt the plan seamlessly due to its vastness. It has created chaos that Cosmos (ATOM) is not able to handle well, resulting in its price decline and a struggle to survive.

Consequently, even though the crypto market is up by 3.96%, the value of Cosmos (ATOM) has been significantly dropping, witnessing a 6.63% lately. Currently, Cosmos (ATOM) is priced at $11.14, a 74% drop from its peak price of $44.70. However, experts are optimistic about Cosmos’ (ATOM) future.

Algorand (ALGO) Expands Its Footprint to India Amidst Intense Selling Pressure

While the cryptocurrency market has undergone a correction, Algorand (ALGO) is facing immense selling pressure. Amidst this, Algorand (ALGO) has opened its branches in India, named ‘Algo Bharat,’ to increase its global presence. Algorand (ALGO) intends to increase the Web3 space, and accelerate the adoption of blockchain technology in the country. To take the vision forward, Algorand (ALGO) is also looking to form strategic partnerships.

The move has worked for Algorand (ALGO) in helping it to arrest its steady price decline. The latest trading value of Algorand (ALGO) is $0.21. The value has increased by 12% post-launch in India, and 0.66% in the last 24 hours. However, it is still about 93.45% below its all-time-high price of $3.28. Unfortunately, experts predict a decline in the future price of Algorand (ALGO).

TMS Network (TMSN) Continues to Outshine Competitors and Records New Market High

The explosive presale rally of TMS Network (TMSN) continues to impress traders and investors. TMS Network (TMSN) has established itself as a top-tier cryptocurrency in record time. Its first presale rally was spectacular, with a collection of $500k, and the saga continues in its second presale stage.

Currently, TMS Network (TMSN) is trading at $0.06, a stunning growth percentage of 1400%.  However, experts forecast plenty more room for growth, which translates to record-breaking profitability.

So, what is it about TMS Network (TMSN) that has successfully grabbed all retail and institutional investors’ attention, and has managed the market turbulence seamlessly? The answer to it, in a nutshell, is a clear mission and impressive leadership of TMS Network (TMSN).

A few unique features of TMS Network (TMSN) include:

• Easy Global accessibility with the ability to trade multiple derivatives like CFDs, Forex, stock, and more, on a single platform.
• No requirement to open an account. A mere connection with the wallet is enough to allow anybody to trade.
• Unique Copy Traders Functionality through which any trader can copy the trade moves of successful traders of TMS Network (TMSN). It increases your chances of profitability.
• Safe, transparent, and low transaction cost.
• Additional perks through its revenue-sharing model, voting rights, and other trading tools.

Hence, we can safely surmise that while cryptocurrencies like Algorand (ALGO) and Cosmos (ATOM) are struggling to get their game right, TMS Network (TMSN) appears to have aced the game. It looks poised to lead the market of cryptocurrency as none did before.

Learn more about TMS Network here:

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io