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Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI)

Posted on by Subh Rath

May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing of the ORDI token in the newly launched BRC-20 zone and has also revealed plans to bring other promising BRC-20 tokens to its platform. In addition to ORDI, Bitget has also announced a new round of Launchpad featuring another BRC-20 token, Bitcoin Improvement Proposals 1 (BIP1), to further support the continuous improvement of the Bitcoin ecosystem.

BRC-20 is a new fungible token standard designed for the Bitcoin blockchain that has become one of the latest trends in the industry. This new token standard is set to revolutionize the crypto space. Built on the Ordinals protocol, BRC-20 is a coin on Bitcoin that allows users to write information to each Satoshi, such as text, pictures, audio, and video, among others. The protocol aims to inscribe information mainly in the form of NFTs and tokens on the BTC chain, despite the size limit of the Bitcoin block. The introduction of BRC-20 and Ordinals will enable users to create and manage more efficient and secure blockchain-based assets.

“Bitget is excited to list ORDI and be among the first exchanges to offer BRC-20 tokens to our users,” said Gracy Chen, Managing Director of Bitget. “We believe in the potential of this token standard to enhance the functionality of the Bitcoin blockchain and provide more truly decentralized opportunities for the crypto community. Bitget is committed to supporting the BRC-20 ecosystem in the long run and is thrilled to be a part of this innovative development.”

Since its launch just two months ago, the total market cap of BRC-20 tokens has already surpassed 1 billion on May 9, proving the demand for this innovative standard. The deposit service of ORDI started at 12 PM UTC on May 10th, 2023, and trading commenced on the same day. Bitget users can now trade and transact with BRC-20 tokens, with futures trading and other features coming soon. Bitget aims to offer a seamless trading experience for its users and continues to innovate and add new features to its platform. The launch of the BRC-20 token is just one of many exciting developments to come from Bitget.

As a leading derivatives crypto platform, Bitget is expanding its product offerings beyond derivatives. Bitget is also rapidly listing promising coins in its revamped Innovation Zones on Bitget Spot, providing users with access to the most trending sectors, such as MEME, Liquid Staking Derivatives, BRC-20, NFT and so on. According to Coinmarketcap, Bitget Spot now supports over 500 coins with approximately 551 trading pairs.

About Bitget

Bitget, established in 2018, is the world’s leading cryptocurrency exchange with futures trading and copy trading services as its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. It also inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi, the leading Italian football team Juventus, and official eSports events organizer PGL. According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, contact: media@bitget.com

CLUB 3 Launches a High-End IRL Web3 Community Hub

Posted on by Subh Rath

CLUB 3 is expected to transform Web3 and give a space for its supporters to unwind.

CLUB 3 is the creation of Meta Hollywood, a partnership between Animoca Brands and Planet Hollywood that plans to build a high-end IRL community hub. The first of these places is scheduled to open on Sunset Boulevard in Los Angeles in 2023. It will be a 10,000-square-foot (930-square-meter) building with an eating area, bar, rooftop restaurant, cocktail lounge, and karaoke rooms. 

The fancy club will also host business events, community gatherings, talks, seminars, Q&A sessions, and other in-person and online activities. CLUB 3 will also be based on the Web3 philosophy, so the community can vote on its run.

Since the launch of Web3, most of its exchanges have taken place in the digital world. A place where it has helped the industry from behind a million computer screens and built an amazing group of people who are always thinking of new ways to do things. Now with CLUB 3, these leaders in the digital world will have their high-end place to network, share ideas, and have fun while relaxing.

Vision Behind CLUB 3: 

CLUB 3’s owners want to grow and unite the Web3 community and give people who want to learn more about this new world a place to start. Members will take advantage of the club’s many amenities and see what Meta Hollywood offers. With this project, groups all over the Animoca Brands ecosystem will have access to new opportunities.

CLUB 3 marks the beginning of a new era for Web3, as it moves from being a virtual place to having a physical presence. CLUB 3 will be a place where people interested in this new technology can enjoy wealth and extravagance. This physical place will help build a sense of community and give people in the Web3 ecosystem a chance to meet each other and talk about ideas in a relaxed setting.

The Web3 group will never be the same after CLUB 3 comes out. Seeing how the industry changes because of this new real presence will be interesting. Will this change bring Web3 into a new era? How will this change how decentralized apps, blockchain technology, and digital assets are made? We’ll have to wait to see that. 

How Can You Participate in this Web3 Community Hub? 

To join CLUB 3, people must buy an NFT ticket in a mint that will come out this summer. There will be four kinds of NFTs:

  1. Founding
  2. Social
  3. Global
  4. Business

Each category will have its own set of perks and prices. For example, a social membership costs about $3,000 or 1.57 ETH, while a starting membership costs about $10,000 or 5.14 ETH. If someone wants to buy a business membership, they must work with the club’s concierge service. A $2,000 or 1.05 ETH world upgrade can also be bought separately from the other memberships.

All memberships can be turned into cash, so interested people should consider this as they consider their choices. Another noteworthy factor is that CLUB 3 will have more sites worldwide, including New York, Miami, London, Paris, Hong Kong, and Tokyo.

Also Read: Dutch Blockchain Days: Benelux’s Largest Event on Web3, blockchain, NFTs, and Crypto in Amsterdam

Dutch Blockchain Days: Benelux’s Largest Event on Web3, blockchain, NFTs, and Crypto in Amsterdam

Posted on by Subh Rath

Amsterdam, May 10 – On Wednesday, June 14, the Dutch Blockchain Days will take place at Meervaart. 

The event is the first of its kind in our country and combines a substantive conference for professionals with a wide range of inspiring side sessions and networking opportunities for a broad audience. During the one-day event, developers, consultants, governments, artists, educators, entrepreneurs and other professionals and interested parties can interact and be updated on the opportunities and possibilities the technology offers in numerous ways. 

The DBD23 is a conference to advance the web3 industry in the Netherlands. It is a non-profit event, organized by professionals who volunteer for free out of their passion for the technology and community. 

This event will be carbon neutral. Together with Carbify we are doing our part to care for the earth and its sustainability! 

Jan Scheele, co-organizer of the DBD23: “The developments within web3 are going fast. We see the ecosystem growing exponentially with both startups, professionals and organizations adopting and implementing the technology. The call for an event where all ecosystem participants could come together with other interested parties 

was growing. DBD23 meets that demand and already has top speakers from JP Morgan, Coinbase, Chainalysis and Fetch.AI.” 

The DBD23 will not only look at the technological developments, but also discuss broadly with thought leaders about the global impact of the technology, challenges such as hacks, special implementations within traditional organizations such as soccer clubs and banks, the synergy with other technologies such as AI and the upcoming European MICAR laws and regulations. 

Rudolf van Ee (Board BCNL and organizer DBD23: “The DBD23 is the first web3 congress in the Netherlands of this size that is focused on the business market and activates a broad ecosystem. We also see this in the diversity of affiliated partners, sponsors, visitors and program offerings. The event connects all key players in the world of blockchain and provides visitors with knowledge, networking, experiences, fun, and interesting workshops, keynotes and panels. The collaborating partners and the strong team behind the organization make this possible and for that I am very grateful.”

Tickets are still on sale for the event. The ticket gives access to the full event, with both the main program, additional sessions, experience, free f&b and networking opportunities. 

Some of the confirmed speakers: 

– Bas Lemmens, EMEA Director Chainalysis 

– Patrick Elyas, EMEA Director Coinbase 

– Hunter Orrell, Founder WAGMI 

– Janet Adams, COO SingularityNET 

– Joshua Daniel , Vice President Morgan Stanley 

– Lone Fonss Schroder, CEO Concordium 

Confirmed partners include: Bitvavo, Deloitte, EY, Maven 11, Loyens & Loeff, Blox and CoinMarketCap. 

SAI.TECH Showcases Innovative Solutions at SelectUSA Investment Summit

Posted on by Subh Rath

WASHINGTON D.C., May 03, 2023 (GLOBE NEWSWIRE) — SAI.TECH Global Corporation (“SAI.TECH” OR “SAI” or the “Company”, NASDAQ: SAI), a Sustainable Bitverse Operator announced presence to introduce SAI.TECH (text to Twitter link: https://twitter.com/SAI2TECH) and its recent SAI NODE OHIO 5MW project in Ohio on 2023 SelectUSA Investment Summit on May 03 in Maryland, the United States.

SelectUSA Investment Summit is the highest-profile event in the U.S. dedicated to promoting foreign direct investment (FDI) in the country, bringing investors, companies, economic development organizations (EDOs) and industry experts together to widen investment opportunities. The 2023 SelectUSA Investment Summit was hosted at National Harbor, Maryland from May 1-4, 2023.

SAI.TECH team at SelectUSA, Left to right: Tao Wu, COO of SAI NODE OHIO; Arthur Lee, Founder & CEO of SAI.TECH; Tao Zhang, Co-founder of SAI.TECH

SAI.TECH’s founder and CEO Arthur Lee (text to Twitter link: https://twitter.com/ArthurLeeSAI) was invited to the event to introduce SAI.TECH and its recent ESG oriented cryptomining center SAI NODE OHIO 5MW project in Ohio, showing the public the innovative aspects of the project.

SAI NODE OHIO 5MW is SAI.TECH’s second project of its kind, after the first one, installed with SAI.TECH’s first generation computing infrastructure units, were launched in August last year in Chesterland, Ohio. It is currently under construction and will receive a deployment of TANKBOX and RACKBOX under SAI.TECH’s ULITIAAS lineup with upgraded liquid cooling and waste heat recovery capacities. SAI.TECH has chosen Ohio to be its North American hub because of its long existing clusters of data centers companies and operations. And its reservoirs of clean energies like hydro, nuclear, wind and solar power.

The SAINODE mining site will also serve as an ESG-oriented development center for computing heat recycling, with its goal centered on the development of technologies to recycle heat from crypto mining and AI computing for secondary use in greenhouse cultivation, poultry incubation, and so on. The project will therefore provide the industry with a new model of innovative sustainable clean computing for AI and crypto mining. In the future, SAI NODE will cooperate with more industrial partners to show the public more creative ways to reuse computing heat.

With the mission of creating ESG oriented sustainable computing power in mind, SAI.TECH will create a lot of value and bring the U.S enormous opportunities through this particular project and others in the making.

In the next 24 months, SAI.TECH will ramp up the capacity of its Marietta project to 15MW, which is expected to bring over $3 million of investment and create around 20 full-time positions directly in construction, operation and management. The project also expects to attract third-party greenhouse operators to the site,  which could bring an additional $7 million of investment and around 15 full-time positions.

Through the reuse of chip generated heat, SAI.TECH is set to reshape the industry and help unleash the potential of this untapped energy bonanza for intensive heat consumers like large greenhouse operators. SAI.TECH is also looking to expedite the transition from air cooling to energy-efficient liquid cooling throughout the high-performance computing industry.

SAI.TECH’s patented liquid cooling and heating reuse technologies are designed to make computing more sustainable while reducing the cost for computing and heat-intensive industries. This way, SAI.TECH will bring significant social value by reducing energy consumption and carbon emissions in places where it operates, accelerating the path to carbon neutrality in the United States and globally.

“The United States has always been an important market for our strategic plan. We formed a US sub-company in 2022 and got listed on Nasdaq in May last year. More importantly, in the same year, SAI.TECH launched its first computing power and heating demo project SAI NODE OHIO in Ohio.” said SAI.TECH’s founder and CEO Arthur Lee, “This year, we continue to choose Ohio to build our upgraded and larger project SAI NODE 5MW ESG friendly mining center, plugging into clean energy power, together with liquid cooling and heating reuse techniques, making computing and heating sustainable, representing to the public the future model of datacenter. “

About SAI.TECH

SAI.TECH is a Nasdaq listed (SAI) Sustainable Bitverse Operator, headquartered in Singapore. SAI is dedicated to providing zero-carbon energy system(HEATNUC) based on Small Modular Reactor and heat pump combined power supply technology, providing clean computing services based on liquid cooling and chip waste heat utilization technology (ULTIAAS),and providing decentralized transaction system services based on blockchain and lightning network technology (BOLTBIT).

In May 2022, SAI became a publicly trading company under the new ticker symbol “SAI” on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation (“TradeUP”).

For more information on SAI.TECH, please visit https://sai.tech/.

Media Contact

pr@sai.tech

Investor Relations Contact

ir@sai.tech 

After Being Hesitant Towards NFTs, The World’s Richest Man Now Seems To Own A Collection of NFTs

Posted on by Subh Rath

Bernard Arnault, who showed a not-so-warm attitude towards NFTs in the past, revealed to his former manager about his own OpenSea page. 

Arnault, who owns 75 luxury companies, including Tiffany, Tag Heuer, and Louis Vuitton, and a luxury superyacht and his private island in the Bahamas, now seems to own an unusual collection of NFTs too secretly. 

Despite previous comments demonstrating his skepticism toward the non-fungible tokens technology, the world’s richest man, Bernard Arnault, has his tiny nest fund of digital collectables.

Also Read: Wizarre: The Ultimate NFT Game Level Up!

In a conversation with his former LVMH advisor and chief digital officer, Ian Rogers, the chair and CEO of the luxury giant, disclosed his own NFT collection.

The Arnault’s and NFTs: 

NFTs are currently one of the most emerging technologies. It is a widely used term in the cryptocurrency sector. Arnault, who previously expressed his skepticism about technology, now owns NFTs.

During a recent Aarthi and Sriram podcast, Rogers shares his certainty about Arnault’s digital collection with the hosts.

Arnault’s boys, unlike their father, are technophiles. They have demonstrated a higher interest in NFT technology. 

In fact, Alexandre Arnault once boasted a jewel-laden Cryptopunk Tiffany pendant. Likewise, his brother Frederic Arnault, CEO of Tag Heuer, showed off his enthusiasm for Web3 tech with NFT display functionality on the luxury watch brand.”

According to OpenSea statistics, Bernard Arnault’s name has 3-NFT collections and 301 items on its platform. However, there is no convincing evidence of Arnault’s real collection of NFTs. Notable Pepes, BEANZ Official, and Nakamigos are now the top three NFT collections.

Also Read: Is The UK Treasury Dropping Its Government-Backed Royal Mint NFT Plans?