Author: Samuel Ken

Nexo Offers Up to 6% Crypto Cashback to New Users

According to an official blog post, Nexo is set to reward its users with a generous boost in its cashback rates. This offering marks a historic debut, as Nexo has added the cashback feature to the Debit Mode of its payment card for the first time while increasing the existing cashback rate of the card’s credit mode by three-fold up to 6%.

The cashback offer has been scheduled to last until December 31, 2023, and is only available to users who make their first transaction in this period. Nexo’s triple cashback perfectly responds to the growing demand for financial products that offer more than just transactions, especially as the world approaches a period of increased spending. But there’s more!

Nexo Introduces Debit Mode Cashback

The addition of cashback on the Debit Mode of the card reflects Nexo’s concerns to meet the needs of its users. Nexo now offers unmatched cashback benefits on the Debit mode of the Nexo Card for the first time.

The cashback rates vary with the card tier as the rewards are customized to suit the preferences and usage of the card holders as described below.

Tier	Exclusive Rates
Plantinum	2% in NEXO; 0.5% in BTC
Gold	1% in NEXO; 0.3% in BTC
Silver	0.7% in NEXO; 0.2% in BTC
Base	0.5% in NEXO; 0.1% in BTC

Nexo Card’s Tripled Cashback Credit Mode

While Nexo had previously held cashback offerings for its card’s Credit Mode, it is taking a different turn this time around. The company has tripled the cashback rates in Credit mode across all tiers in a bid to meet the heightened consumer demands amid expectations for Black Friday sales.

Tier	Old Rates	New Rates
Platinum	2% in NEXO and 0.5% in BTC	6% in NEXO and 1.5% in BTC.
Gold	1% in NEXO and 0.3% in BTC	3% in NEXO and 0.9% in BTC,
Sillver	0.7% in NEXO and 0.2% in BTC	2.1% in NEXO and 0.6% in BTC.
Base	0.5% in NEXO and 0.1% in BTC	1.5% in NEXO and0.3% in BTC

Nexo card as an alternative option for EEA users

It appears that Nexo card’s cashback offering comes in handy as a fallback option for Binance card users in the European Economic Area region (EEA).

About a month ago, Binance revealed that it is stopping card services in the EEA. Holders of existing physical or virtual cards under EEA, have until December 20, 2023, to use their cards before the discontinuation takes effect.

While this may have caused the affected users to panic and look out for suitable alternatives, Nexo card presents them with an alternative coupled with an opportunity to enjoy generous cashback offers.

Bright future for NEXO token

NEXO price movement in last 30 days

As of the time of writing, the price of Nexo is $0.7368 and has increased by 29% in the past 30 days. On an even brighter note, our algorithm predicts the price of NEXO to surge by almost 600% in the next 6 months.

NEXO 6-month price prediction

November 21, 2023

A Unique Crypto Wallet Set to Integrate Fashion With Crypto Eyes Debut at Cardano Summit 2023

Over the past few weeks, Tangem has been making new innovations following its plans to strengthen its position in the hardware wallet market. As part of its relentless adventure for a stronger foothold, the leading cryptocurrency wallet provider, announced today that the Tangem Ring hardware wallet is set to debut at Cardano Summit 2023 in Dubai.

Tangem to Bridge the Gap Between Fashion and Crypto

The stylish new hardware wallet, Tangem Ring, comes as a crypto device in the form of a fashion accessory. Hence, the launch of this unique crypto wallet will see Tangem introducing fashion into the world of crypto.

Scheduled for November 3, Tangem with its reputation as the world’s safest crypto wallet, will have the opportunity to showcase the prototype of the world’s first jewelry crypto wallet, Tangem Ring, to the Cardano community and every enthusiast present at the summit. This will offer fans the first privilege to have a view and possibly hold Tangem’s slickest and latest innovation.

With the Tangem Ring, there are hopes that crypto awareness will be further extended to fashion lovers, thereby pushing crypto adoption a step closer to reaching mainstream appeal. Apparently, Tangem Ring is here to assure the broader world that cryptocurrency ownership is not only secure, and simple, but it is also stylish.

As we unveil Tangem Ring, we’re not just launching a product; we’re ushering in a new era of digital asset management. With Tangem, we’re making cryptocurrency ownership stylish, secure, and simple.
—Andrey Lazutkin, CTO of Tangem

During the Cardano Summit 2023, a special workshop will hold where the company will disclose the curves of the Tangem Ring, giving more details on its features and unique characteristics.

Moreover, the Tangem Ring will be awarded to people who attend the workshop in the form of a special gift, allowing them to test the wallet device for free and also wear it as a fashion accessory. This will serve as a rare opportunity to become holders of the coveted ring-shaped cold storage device before it is launched for public sale.

Tangem to Roll out First Ever VISA-Backed Payment Solution

In addition to the unveiling of Tangem Ring, the company will also reveal some information on another one of its products, Tangem Pay. This will bring a unique twist to the realm of payments in crypto. While it is still under development, Tangem Pay will see the company introducing the crypto space to the first-ever card that was certified for direct payments in VISA network.

According to its design, Tangem Pay will serve as a self-custodial payment card, featuring a cold storage that can be used to save crypto assets and also make direct fiat payments at 95 million VISA terminals all over the globe.

November 1, 2023
Artfi Unveils its Art Ownership Democratization Platform to Ensure Seamless Art Ventures

Following concerns to curtail the long-existing barriers that surround the art market where investors cannot easily acquire art-related assets without breaking the bank, Artfi has revealed its commitment to democratizing the ownership of artworks with its innovative blockchain investment platform.

Investing in Arts Made Easy With Artfi

The financial potentials surrounding the world of art cannot be overemphasized, however it has remained a less talked about form of investment due to the rigidity that comes with purchasing fascinating artworks and investing in the market. Artfi understands this, and has called the attention of investors to an investment platform that offers them the opportunity to seamlessly acquire desirable artworks in portions.

More so, track records have revealed that the art market has continued to outperform traditional investment tools, suggesting its potential to yield remarkable returns. Its ability to offer investors a unique opportunity to diversify their portfolios makes it a preferred and more fascinating asset class compared to traditional investment options.

While many have remained ignorant of the remarkable benefits that come with investing in arts, Artfi has come to shed more light on this via its reputable platform. More so, it has provided enthusiasts with an opportunity to explore, invest and leverage the world of arts with ease.

According to its design, Artfi integrates blockchain technology to allow users to leverage the financial potential of art as an investment class. With Artfi, investors who seek to venture into the fascinating world of art can now own a fraction of a painting with a minimum amount of $100. As such, enthusiasts who have been limited due to high costs can now acquire fractions of their desired artworks at lesser costs, all thanks to Artfi.

Arguably, the collection of the world’s greatest artworks has only been accessible to a select few over the years, as many struggle to own at least a piece of art with unsuccessful results in the end. Nonetheless, it is interesting to note that Artfi’s remarkable innovation is set to outdate this trend. Even the common investor can now own a share of an artwork online.

Following its decision to hop on the concept of democratization, Artfi deploys the use of blockchain and NFTs to allow investors to acquire a portion of a vetted and reputable piece of art that is sellable when they deem it right. This represents an unmatched opportunity to easily explore the world of arts while enjoying the financial potential and personal satisfaction poised for art owners.

Conclusion

By blending blockchain technology and NFTs, Artfi helps investors to acquire fractional shares of renowned artworks, eliminating the barriers of high costs and offering a unique opportunity to diversify investment portfolios. With the art market consistently showcasing its potential for exceptional returns, Artfi’s innovative platform not only enriches the financial prospects of art enthusiasts but also makes art investment more fascinating and attainable for a broader spectrum of investors. This is a new opportunity for regular and savvy investors to join and gain from the interesting world of art.

October 24, 2023
Bybit Launches Al-Enabled Futures Martingale Bot to Expand Its Bot Trading Solutions
Key takeaways
- Bybit unveils its Futures Martingale trading bot, enhancing its crypto trading offerings with cutting-edge technology.
- Bybit offers a range of bots for various market scenarios, including the Spot Grid bot, DCA bot, and Futures Grid bot.
- The top 3 crypto exchange is hosting two special events with a generous 15,000 USDT prize pool.
Renowned cryptocurrency trading platform, Bybit announced today the launch of its Futures Martingale trading bot. The development comes as part of the exchange’s efforts to provide crypto users with cutting-edge infrastructures needed to seamlessly navigate the world of crypto trading.

Notably, the launch of the Futures Martingale trading bot marks an impressive addition to Bybit’s already existing suite of bot trading solutions. Per the announcement, the company has a range of trading bots for different market situations and preferences. Apart from the Futures Martingale bot, Bybit also provides users with a Spot Grid bot for buying low and selling high in stable markets. Also, it features a DCA bot that lets you invest automatically in both bullish and bearish markets. And the Futures Grid bot helps increase earnings in any market situation.

According to the announcement, Bybit has organized two special events with a big prize pool of 15,000 USDT in a bid to celebrate the launch of the Futures Martingale bot. Traders can join these events to demonstrate their trading abilities and have a chance to win great rewards, encouraging them to try out the new bot.

Futures Martingale trading bot rolls out with cutting-edge features

Powered by remarkable AI features, Futures Martingale trading bot is designed to enhance trading strategies while potentially reducing overall costs.

Following its design, the Futures Martingale trading bot functions uniquely with its ease of use feature. The bot allows traders to activate AI-recommended strategies with a single click, eliminating the need for complex setups. This user-friendly approach makes the bot accessible to traders of all experience levels, thereby democratizing the world of trading.

Among the notable features of this bot is its automated position scaling which dynamically adjusts investment sizes based on market conditions, hence potentially leading to more substantial profits. This ensures that traders can harness market fluctuations to their advantage while optimizing their financial positions. More so, high accuracy is a hallmark of this bot, as its recommendations are rooted in extensive data and advanced analysis. Traders can rely on these insights to enhance their chances of success.

As mentioned earlier, the bot leverages artificial intelligence, which allows it to analyze 14 days of historical data to recommend the most effective trading strategies. This data-driven approach provides traders with insights they can act upon, enabling them to make informed decisions.

In addition to this, users are provided with an advanced risk management protocol that offers precise control over their exposure to risk, thanks to specific ratios and automatic sell levels. This feature empowers traders to navigate volatile markets with confidence, effectively mitigating potential losses.

Conclusion

Bybit reaffirms its commitment to advancing the cryptocurrency trading landscape, providing traders with powerful tools and innovative solutions like the Futures Martingale trading bot. With an array of bot options tailored to diverse market conditions, Bybit empowers users to navigate the complex world of crypto trading with confidence. The Futures Martingale bot promises to optimize trading strategies and reduce costs, making crypto trading more accessible and profitable for traders of all levels of expertise.
October 4, 2023
stake.link Sets to Expand Its Chainlink Staking Program With New Features
Key Highlights
- As part of the expansion, stake.link introduces a Priority Pool feature to streamline LINK’s staking process.
- Another upgrade will see stake.link move from stSDL (staked SDL) receipt tokens to reSDL (reward escrow SDL), represented as NFTs.
stake.link, a Chainlink-based liquid staking protocol, announced it has rolled out a set of new upgrades following plans to further expand its Chainlink staking program.

stake.link’s Upcoming Staking Program and Its New Features

As the Chainlink ecosystem anticipates the emergence of the Chainlink Staking v0.2, stake.link has proposed a staking program to further improve the efficiency of its staking protocol.

While the program is yet to launch, stake.link has unveiled a suite of new features and optimizations to expand its Chainlink staking program. This development comes as stake.link remains keen on emerging as a leading provider of Chainlink staking solutions.

Notably, the proposed program promises to provide users with an easy and advanced approach towards staking LINK tokens.

stake.link’s Priority Pool Feature

Chainlink’s decision to expand its capacity from 25M to 45M tokens implies that there is a need for highly upgraded staking features. This is necessary to ensure a flexible use of the protocol despite the expansion.

Hence, stake.link has uncovered its priority pool feature to provide users with a seamless and highly efficient process to stake LINK. The priority pool has been designed to provide users with a “set and forget” staking experience by automating the process of staking LINK on behalf of depositors.

stSDL Receipt Tokens Migrates to reSDL

In addition to the proposed upgrades on the stake.link’s staking program, the platform announced that it will be migrating its stSDL (staked SDL) receipt tokens to reSDL (reward escrow SDL).

Notably, reSDL (reward escrow SDL) represents an NFT version of the SDL token. According to the protocol, it has sought to make this upgrade as a way to promote engagements and participation on the platform for a long-term basis. This it will achieve by increasing boosts and governance votes via the use of reSDL.

AI-powered chatbot, “SergAI”

The last on stake.link’s list of potential upgrades is the launch of an AI-powered chatbot, dubbed “SergAI”. Being a major operator in the Chainlink ecosystem, stake.link has launched SergAI to solve the curiosities of users regarding the platform.

As such, SergAI has been designed to answer questions concerning topics and features provided on the platform. Some of these topics may relate to the liquid staking thresholds, the priority pool, and how receipt tokens operate.

stake.link as Chainlink’s Liquid Staking Protocol

As a top-rated liquid staking protocol dedicated to Chainlink, stakelink provides users with exclusive staking rewards. Within the Chainlink ecosystem, stake.link operates as a delegated staking pool with more than 15 top Chainlink node operators. The protocol allows users to earn stLINK tokens after they deposit LINK. Meanwhile,the stLINK tokens provide them with rewards from node fees and blockchain rewards.

Standing out as the pioneer and sole option for Chainlink holders seeking liquid staking yields, stake.link has been making new waves to outshine other staking options available on the Chainlink ecosystem. Other staking options provided on Chainlink include, Frax Finance, Rocket Pool, and Lido Finance.
September 21, 2023
Horizen Announces Strategic Partnership With Tatum to Facilitate Blockchain App Developments Within its Ecosystem
- Horizen partners with Tatum to enhance its EON blockchain ecosystem.
- Tatum’s SDK simplifies complex blockchain operations for developers on EON.
- Developers gain efficient access to blockchain features and data integration, spurring innovation on the Horizen platform.
Horizen, an innovative layer 0 public blockchain has signed a strategic partnership with Tatum, a renowned blockchain infrastructure provider, following plans to enhance its ecosystem.

According to a recent blog post, the partnership will see Tatum’s easy-to-use open-source software development kit (SDK) integrated on Horizen’s EVM-Compatible Smart Contracting Platform, EON.

This reflects the platform’s efforts to build a dynamic space for the Horizen ecosystem.

“This collaboration with Tatum is a monumental step towards our vision of creating a more inclusive and dynamic blockchain ecosystem. By combining our strengths, we aim to offer developers a seamless experience, reducing the technical time from months to mere days.”
—Rob Viglione, Co-founder of Horizen and CEO of Horizen Labs

Horizen to Simplify Complex Blockchain Operations Following Partnership

As an EVM-compatible blockchain that is committed to providing developers with the tools they need to efficiently build blockchain applications, Horizen has raised concerns about curtailing the challenges with complex blockchain operations that tends to limit innovations from developers.

Hence, it is seeking to allow developers to exclusively custom-build private or public blockchains and dApps with a level of flexibility unmatched by others. Basically, the partnership is aimed towards simplifying complex blockchain operations into concise lines of code for amateur and veteran developers alike.

As such, developers on Horizen can seamlessly and exclusively incorporate blockchain functionalities into their applications, coded in JavaScript, all thanks to Tatum’s integration on EON. Prior to the development, EON has been renowned for its scalability, EVM-compatibility and user-friendliness. Fortunately, this opportunity to leverage on Tatum’s use cases will further boost its unique features.

Jiri Kobelka, Tatum CEO acknowledged the platform’s ability to boost the potentials exhibited by Horizen’s EON chain to accelerate building dApps at scale.

“…Our partnership will ensure that developers, irrespective of their blockchain experience, can effortlessly integrate blockchain functionalities, driving the next wave of blockchain innovations,” Jiri further stated.

Tatum to Introduce New Use Cases on Horizen Ecosystem

While it is set to redefine the realm of blockchain development on the Horizen ecosystem, the new partnership will see Tatum introducing developers to a more efficient and user-friendly approach to which they can easily integrate blockchain features into their applications.

Notably, this new approach will see developers utilizing Tatum’s JavaScript SDK to efficiently build Web3 applications in a swift and easy manner on the EON protocol.

Moreso, the partnership will provide developers access to leveraging the Horizen RPC nodes in combination with Tatum’s infrastructures, thereby leading them through a reliable and cost-effective path through which they can build on EON.

In addition to this, developers can now retrieve blockchain data via API on Horizen as the integration will provide them with direct access to EON’s comprehensive blockchain data like querying token balances or monitoring transactions across multiple addresses.

Nonetheless, as the Horizen sidechain, EON embarks on a journey to a unique turn following Tatum’s integration, the platform has revealed that its Alpha is currently live on mainnet and on its public testnet, Gobi.

Wrapping up

The strategic partnership between Horizen and Tatum signifies a significant step toward streamlining blockchain development and fostering innovation within the Horizen ecosystem. By integrating Tatum’s user-friendly SDK onto the EON platform, Horizen not only empowers developers to create blockchain applications more efficiently but also opens doors to a broader range of use cases. This collaboration not only simplifies complex blockchain operations but also enhances accessibility and scalability, paving the way for the next wave of blockchain advancements. With the live deployment of their Alpha on the mainnet and public testnet, Horizen and Tatum’s partnership promises to drive the blockchain industry forward, offering a glimpse into the future of decentralized technology.
September 13, 2023
Affyn Partners Warner Music Singapore, ONE Championship, and PwC Leaders for Its Web3 Event
Key Highlights
- Affyn’s event, “Web 3.0 | Art Meets Metaverse” sees support from major players in the music industry, sports entertainment, and finance
- Affyn will provide an exclusive preview of their upcoming mobile game, Buddy Arena, with a special race-themed twist to celebrate their collaboration with GPSS.
The Singapore-based blockchain platform, Affyn in its efforts to provide a sustainable economy converging the virtual and real worlds has invited leaders from Warner Music Singapore, ONE Championship and PwC to be a part of its web3.0 event.

The event reflects Affyn’s efforts to showcase the significance of web3 in various industries including Music, Sports, and Finance. Per the announcement, the event has been scheduled for September 16, 2023, from 1 pm to 4 pm at Suntec City Tower 4, Singapore.

Web 3.0 | Art Meets Metaverse Sees Leaders From Music, Sport and Finance Industries Converge

Titled “Web 3.0 | Art Meets Metaverse”, the event will see the Warner Music Singapore, ONE Championship and PwC leaders converge as speakers during the F1 week in Singapore, further exploring the potential of Web 3.0 and its implications across diverse industries.

As part of its goals, the event promises to be a gathering of visionaries, pioneers, and enthusiasts who recognize the profound significance of the transformative power of web3 in diverse industries. Attendees will not only gain insights into the future of technology, art, and culture but also have the chance to network with thought leaders, artists, and innovators who are shaping the digital landscape of tomorrow

Endorsed by the Singapore Tourism Board, the event will feature an engaging panel talk show titled “What in the World Wide Web 3.0: Forging The New Future.” The invited speakers will collectively discuss the profound web3-induced transformations expected in industries spanning entertainment to finance. These speakers will include Gerald Ang, Managing Director of Warner Music Singapore; Nikhil Birla, Vice President of ONE Championship; Noel Goh, Partner at PwC Singapore; and Lucaz Lee, CEO of Affyn. The event will be hosted by the popular Web3 enthusiast Andie Chen.

On the other hand, an important part of the event which will showcase art exhibitions curated by NFT Asia and WeAreSG by GERMS Digital. Renowned artists like Shavonne Wong, Aik Beng Chia, The Hidden Walls, and more will showcase how art has transcended into the realm of NFTs, redefining ownership and blurring the lines between physical and digital creativity.

Buddy Arena: Affyn’s Upcoming Mobile Game

While the event will serve as an opportunity for Affyn to foster the adoption of web3 among diverse industries, it will also leverage the opportunity to introduce the audience to its upcoming development.

Apparently, Affyn will offer an exclusive preview of their upcoming mobile game, Buddy Arena at the event. This will be accompanied with a special race-themed twist to celebrate their collaboration with GPSS. Hence, visitors will have the opportunity to experience the fusion of gaming, technology, and sports in a unique way.
August 24, 2023
Swisstronik Announces Launch of its Testnet 1.0 to Enhance User Privacy and Compliance
Key Highlights
- Swisstronik has successfully launched its first testnet, Testnet 1.0, offering a unique layer-1 network for building scalable, decentralized applications.
- Swisstronik Testnet 1.0 has already attracted significant interest, receiving over 750 applications from dApp developers eager to gain early access to the platform. The company plans to further enhance its privacy and security features by integrating zk-SNARKs.
- To ensure the integrity of Testnet 1.0, the platform has initiated its first Bug Bounty campaign, offering a $70,000 reward fund to researchers and developers who identify and report any vulnerabilities
Swisstronik, a blockchain startup designed to build scalable, decentralized applications has announced the launch of its highly anticipated first testnet, Swisstronik Testnet 1.0.

Following an official announcement today, the Swisstronik Testnet 1.0 is now live, offering immediate benefits to dApp developers, including robust encryption and enterprise-grade transaction security, thanks to its innovative utilization of Intel SGX technology.

Swisstronik Testnet 1.0 is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to seamlessly migrate their Ethereum-based dApps and smart contracts to the Swisstronik ecosystem. Furthermore, the platform’s future versions plan to implement the Inter-Blockchain Communication (IBC) protocol, enhancing interoperability among Cosmos-based blockchains.

In addition to this, the platform plans to enhance its privacy and security features by incorporating zk-SNARKs in a future update. These cryptographic proofs will enable parties to verify information without revealing sensitive data, making them especially useful for verifying KYC data and personal information while maintaining user privacy.

Swisstronik: A Unique Approach to Privacy and Compliance

Designed to build scalable decentralized applications that ensure users’ privacy while remaining regulatory compliant, Swisstronik seeks to foster real-life adoption of blockchain technology through a robust, user-friendly, and secure network.

Moreso, by addressing critical challenges surrounding legal compliance, data privacy, and interoperability, Swisstronik aims to become the preferred blockchain solution for dApp developers, enterprises, and individuals who value both compliance and privacy. Unlike existing privacy-focused solutions that prioritize anonymity, Swisstronik seeks to harmonize privacy with regulatory requirements.

The platform differentiates itself by utilizing Intel SGX technology, which enables the creation of fully encrypted enclaves for each transaction. As a result, all transaction information is securely hidden from the rest of the network, ensuring privacy and protection against unauthorized access.

Furthermore, to streamline compliance management for companies, Swisstronik introduces its innovative Web3 Compliance Suite. This suite acts as a self-regulating network of local personal data verifiers and compliance partners, reducing the regulatory burden on businesses and ensuring privacy and safety for every user. With this suite, even companies without significant legal expertise can build compliant dApps, making it an attractive option for developers and enterprises alike.

The platform aimed to enable seamless and compliant cross-border operations with the suite. The platform is poised to act as a vital bridge between CBDCs and the broader cryptocurrency ecosystem, providing compatibility and regulatory adherence.

Swisstronik Launches Bug Bounty Campaign Following Massive Interests From dApp Developers

The announcement further revealed that the launch of Swisstronik Testnet 1.0 has generated significant interest, with over 750 applications from dApp developers seeking early access to the platform. Swisstronik’s unique value proposition, incorporating privacy-preserving technologies and compliance solutions, has captured the attention of the blockchain community.

Swisstronik places a strong emphasis on security and community confidence. Hence, to ensure the integrity of Testnet 1.0, the platform has launched its first Bug Bounty campaign, offering a $70,000 reward fund to researchers and developers who identify and report any vulnerabilities. The proactive approach taken by Swisstronik reaffirms its commitment to transparency and continuous improvement.

Notably, the campaign has been scheduled to end on September 15, 2023. Hence, any bugs found after the campaign period will be fixed before the launch of Swisstronik Testnet 2.0 in the autumn.
July 27, 2023
Binance Charity Partners S.S. Lazio to Introduce a Fan Token Donation Program to Users
Key Highlights
- Binance Charity and S.S. Lazio have unveiled the debut of an innovative initiative that empowers fans to select the “Player of the Month” (POTM) through Binance Fan Tokens.
- The player who accumulates the most POTM titles throughout the season will donate all $65,000 of their winnings to the charity of their choice, while the runner-up will donate all $35,000 of their winnings. This is aimed at driving positive social change and engaging fans in philanthropic endeavors.
Binance Charity, a leading philanthropic organization that leverages blockchain technology for charitable causes has disclosed its collaboration with a prestigious football club based in Italy, S.S. Lazio to launch an innovative Fan Token donation program.

According to an official announcement today, the unique initiative which merges philanthropy, fan engagement, and blockchain technology will allow fans to actively participate in selecting the “Player of the Month” (POTM), with substantial charitable donations worth $100,000 at stake. This pioneering initiative is set to drive fan engagement forward within the ecosystem as Binance users become the key decision-makers in selecting the “Player of the Month” (POTM).

Within the Binance Fan Token ecosystem, supporters of S.S. Lazio gained new avenues to support their favorite players and team. Through the Binance POTM program, fans can vote for their preferred players and reward them with Binance Fan Tokens. Whether on a monthly, weekly, or season-long basis, fans have the power to determine the POTM.

Interestingly, the charitable initiative calls for a remarkable impact which lies in the potential for social change thereby taking the POTM concept further. The player who accumulates the most POTM titles throughout the season will donate the entirety of their $65,000 winnings to a charity of their choice. The runner-up, receiving $35,000, will also contribute their entire winnings to a charitable cause.

The interactive nature of this approach showcases the transformative potential of crypto Fan Tokens, engaging fans and fostering stronger connections between the club, its supporters, and the charitable endeavors they champion. By giving fans the opportunity to actively participate in decision-making and contribute to philanthropy, the collaboration aims to revolutionize traditional philanthropic efforts.

“Through initiatives like the Binance Fan Token charity event, we are harnessing the potential of crypto to create positive social impact and drive change.”
Helen Hai, Head of Binance Charity

POTM’s Benefactors: Binance Charity’s Tree Millions, Earthquake Appeal, and Fight Hunger Worldwide Project

Ciro Immobile, announced as the first winner of the POTM fundraiser, has pledged to donate his entire $65,000 winnings to Binance Charity’s Tree Millions initiative. This project, launched in 2021, focuses on combating deforestation, a major driver of climate change. With over 295,000 trees already planted across 27 countries, the $65,000 donation will support reforestation efforts in Italy, benefiting local communities and the environment.

Also, Felipe Anderson, the runner-up in the POTM contest, will donate his complete $35,000 winnings to Binance Charity’s Earthquake Appeal. This initiative, in partnership with Mercy Corps and Kizilay, aims to assist those affected by a devastating earthquake that struck Turkey and Syria earlier this year, helping them rebuild their lives.
Additionally, S.S. Lazio players have also sought to contribute to the POTM fundraising campaign. Hence, they have initiated an auction of football shirts to raise funds for Binance Charity’s Fight Hunger Worldwide project. This project has made a significant impact by providing food distribution projects in Morocco, Sri Lanka, France, Nigeria, and Malaysia, feeding nearly 22,000 people to date. Proceeds from the sale of S.S. Lazio football shirts will contribute to a food drive for underprivileged communities in Italy during the summer.
June 30, 2023