Bitcoin

The NFTs Revolution: LuxFi Is Launching Asset-Backed NFT Marketplace for Luxury Assets

LuxFi’s NFT Marketplace

LuxFi is among the pioneers in the luxury industry to recognize the potential of NFTs. LuxFi will launch a platform that assists consumers in overcoming existing problems and creating a sustainable luxury market ecosystem. The world’s first asset-backed NFT marketplace, for luxury assets, is now available. It integrates with advanced technologies that allow for permanent traceability, authentication, and asset transferability.

With this marketplace, LuxFi is able to establish an ecosystem for buyers and sellers. LuxFi works directly with manufacturers and brands to enable people to sell, buy and invest in luxury assets. All transactions are verified by professionals in the network. The new owners do not have to redeem the products in order to resell them. However, their luxury asset-backed NFTs are able to be used as collateral for loans or sent and transferred on different platforms, such as live streaming and games. The physical items can be redeemed by new owners in the real world.

LuxFi’s innovative platform goes beyond solving the pain points previously mentioned, it provides consumers with an alternative method to invest and potentially assist those who otherwise have difficulty accessing loan banking services to get financing services.

LuxFi also collects data from global online and offline sales channels, and social media platforms for luxury assets. To provide accurate pricing for each NFT, the data is analysed and compared to global trends.

A consumption item that was once viewed as mere satisfaction for consumers to splurge on, now possesses the ability to be transformed into assets that are not only valuable but also investible. The launch of LuxFi NFT marketplace will be a big deal and will revolutionize the luxury sector through the innovative use blockchain technology.

LuxFi is on its path to transform the luxury industry for a brighter future. Follow LuxFi on social media to learn more about its progress and future plans.

You May Win a Rolex with 0. 01ETH – LuxFi’s NFTs Auction & Lottery on 26th Sep

LuxFi is grateful for all the genuine support that their community has given to them. To celebrate their upcoming launch of their NFT marketplace, LuxFi is going to hold its Auction & Lottery on 26th Sep at 10: 00AM UTC to 3rd Oct at 10: 00AM. Each 0. 01ETH, the participant will get 1 Lottery Ticket to get a chance to be a winner of the top prize, a Rolex watch NFT!

Non-Fungible Tokens

Non-fungible tokens (NFTs), a form of token that provides the ability to tokenize assets online through a certificate of ownership, has inspired luxury brands and their recent evolutions. NFTs are a way for buyers and sellers to securely buy, sell, and invest in luxury assets.

Blockchain is the missing piece in the luxury market puzzle, it allows for the creation of physical-to-digital links between goods and their digital identities. The physical identifier of the product is the serial number or seal. Brands are betting on this digital identity, and experts believe blockchain will make a significant impact on that micro-scale. LuxFi’s professional retailers network will be key to ensuring that luxury brands are authenticated at the very beginning of manufacturing. They also act as verifiers for any existing luxury assets on the market. They can sell products that are linked to digital identities. This fosters trust between the customer and the brand, as well as improving the customer-brand relationship.

Using blockchain technology the entire lifecycle of any product can be monitored and tracked with a decentralized, tamper-proof digital ledger, all while maintaining the owner’s privacy and security.

Aidaa Wong, CEO and Founder of LuxFi said: “New technologies are unlocking limitless possibilities in the luxury market. LuxFi’s CEO and Founder, Aidaa Wong stated that our goal is to create the first asset-backed NFT market for luxury assets. The industry is moving towards a more positive, sustainable environment. Blockchain technology is a significant milestone in many industries. Today, blockchain is the new black on the luxury market. Our NFT marketplace will allow people to use cryptocurrency to purchase, sell, and invest in authentic luxury assets. Our NFTs are backed by real world data. We are looking forward to exploring further the multiple possibilities of what our luxury asset-backed NFTs, blockchain-based data intelligence system and ecosystem could offer. This is a revolutionary time in the way we consume luxury assets!”

About LuxFi

LuxFi is the world’s first luxury asset-backed NFT marketplace, leveraging on a big data intelligence system and unique algorithm for automated data collecting and data processing. LuxFi prevents counterfeiting by minting NFTs on multi-chain blockchain networks. They also provide accurate NFT pricing that’s backed up with real-world data. IDO will take place on October 6, 2021.

Media Contacts

Website: https://www.luxfi.io

Twitter: https://twitter.com/luxfiofficial

Telegram Official Group: https://t.me/Luxfiofficial

Telegram Announcement Channel: https://t.me/luxfinews

Medium: https://luxfiofficial.medium.com

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Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to purchase or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.

Bitcoin

$GME ETH Meme Coin: From Disruption to Sustained Value

Meme coins have been instrumental and effective in gaining traction for and within the crypto market recently. By December last year, the meme coin sector was worth more than 11% of the crypto market capitalization, excluding Bitcoin and Ether.

Between Jan 1 and Dec 1 last year, meme coin trading volume grew 979%. It accounted for 5.27% of the entire crypto market’s volume. The data point that is even more telling about the thriving meme coin ecosystem is that approximately 1 million new tokens are created weekly in this space. But do all the coins thrive the same way? The numbers say otherwise.

Coins that Rose and Fell Flat

Dogecoin, one of the most discussed meme coins, fell sharply twice. The coin hit its all-time high in May 2021, when the price reached almost US$0.74. However, the coin failed to sustain its price and currently trades at US$0.15.

The same happened with $TRUMP. Soon after its launch, the token witnessed explosive growth and reached an all-time high of US$75.35. It took only two days for the coin to travel from an all-time low of US$6.24 to an all-time high. However, with the presidential elections over, the enthusiasm around the token largely fizzled out. The token currently trades at a little over US$10.

Nearly the same pattern of fall could be seen in the case of $MELANIA. This meme coin hit its all-time high price of US$13.73 on January 19, 2025. In less than a couple of months’ interval, the price came down to an all-time low of US$0.65.

However, this is not the case for all Meme coins. GME ETH, in particular, is uniquely poised to capture the imminent fresh influx of capital the market is about to witness.

$GME ETH: The Sustained Disruptor

The digital asset space is all set to onboard the largest wave of participants from traditional finance. Bitcoin will likely hit US$100K once again, creating a positive psychological impact for many new investors and skeptics to embrace this asset class. Amid this, $GME ETH is uniquely placed to onboard this group of investors as the Gamestop movement is instantly relatable and familiar to trad-fi participants.

It is possible to buy $GME through conventional avenues using Apple Pay, Google Pay, PayPal, and other trusted payment methods. One can become a $GME owner on more than 35 trusted Centralized Exchange or may get their $GME directly on a Decentralized Exchange, ensuring complete control over your assets and privacy in every transaction.

Inspired by the 2021 stock market short squeeze, GME Ethereum is built on one of the most secure blockchains, Ethereum. It benefits from Ethereum’s robust security, decentralization, and ongoing scalability improvements through Layer 2 solutions.

Over time, the coin has emerged as a community-driven cryptocurrency that embodies resilience, determination, solidarity, and perseverance. It seeks to address challenges that exist in traditional financial markets, including limited information, fewer resources, market manipulation, and high transaction costs.

Altogether, $GME has moved beyond the role of playing a disruptor and emerged as a coin that could offer sustained value and build a loyal ecosystem by offering a lot more than appreciation in prices. It offers educational opportunities, access to a community of investors and traders, a wide wallet distribution, and low gas fees. Overall, it’s a wholesome place for any investor—new or experienced—to thrive!

Oliver Dale

Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com

Bitcoin

BinoFi (BINO) Rivaling Bitcoin (BTC) as 2025’s Most Talked-About Crypto Investment

While Bitcoin (BTC) has long been the crown jewel of crypto investments, a new contender, BinoFi (BINO), is swiftly gaining traction among industry insiders.

Its cutting-edge hybrid exchange, innovative features, and accelerating adoption have many asking: Could BinoFi rival Bitcoin as the most talked-about cryptocurrency by 2025?

Here’s an in-depth look at what makes BinoFi unique and why it’s capturing the attention of both novice and seasoned investors.

The BinoFi Revolution: What Sets It Apart?

BinoF is a next-generation hybrid exchange designed to combine the best of centralized (CEX) and decentralized exchanges (DEX). This revolutionary approach aims to address long-standing issues in crypto trading, such as inefficiencies in liquidity, slow transactions, and security concerns.

Here’s what makes BinoFi stand out:

Hybrid Liquidity Model: BinoFi offers the flexibility of tapping into both centralized liquidity pools for speed and decentralized smart contracts for security. This ensures trades are executed at the best possible price with minimal slippage.
Cross-Chain Trading Without Bridges: Unlike most platforms reliant on wrapped assets or third-party bridges, BinoFi enables direct trading across blockchains. This feature significantly reduces operational risks and improves user confidence.
AI-Driven Trading Tools: BinoFi introduces AI-powered smart trading bots, market alerts, and automated risk analysis tools that enable users to trade smarter and capitalize on market opportunities.
Non-Custodial Security: Thanks to its Multi-Party Computation (MPC) wallets, users maintain full control over their assets while enjoying the conveniences of traditional exchanges like gasless transactions and account recovery
Proof-of-Reserves Transparency: BinoFi uses on-chain proof-of-reserves to ensure liquidity, minimizing risks of insolvency that plague centralized exchanges.

These cutting-edge innovations position BinoFi as a versatile, secure, and user-friendly exchange platform that appeals to both professional traders and everyday users.

Bitcoin’s Legacy vs. BinoFi’s Potential

Bitcoin is undeniably a trailblazer, having introduced blockchain technology and decentralized finance to the mainstream. However, as the market evolves, Bitcoin’s limitations have become evident. Its scalability issues and slow transaction speeds make it hard to compete with modern solutions like BinoFi.

BinoFi is already achieving milestones that bolster its trajectory toward becoming a powerhouse in cryptocurrency. Its listing on CoinMarketCap marks its arrival on the global stage.

BinoFi’s fast-moving presale has made headlines with an extraordinary level of participation. Early backers are increasingly optimistic, and analysts believe the token could surpass the $1 mark by mid-2025, offering early investors life-changing returns.

Bitcoin’s strength lies in its community, but BinoFi is forging its own robust following. From its $1 million giveaway to its gamified trading system, BinoFi is building an ecosystem driven by engagement and innovation.

Features such as Trade-to-Earn and social trading further enhance its appeal, catering to a new wave of crypto enthusiasts.

Crypto analysts are increasingly bullish on BinoFi. A well-known industry expert highlighted, “BinoFi’s hybrid model is not just innovative; it’s a game-changer. By balancing speed, security, and transparency, it addresses fundamental flaws in current crypto exchanges. Its potential to scale and attract institutional adoption is immense.”

Could BinoFi Be Your Golden Opportunity?

With growing market traction and innovative technology, BinoFi represents a fresh perspective on crypto trading. While Bitcoin paved the way for decentralized finance, BinoFi is arguably the next step in its evolution. Whether you’re an investor who missed Bitcoin’s early days or someone looking to diversify, BINO offers a compelling case.

The cryptocurrency market is no stranger to swift transformations, and those who act early often reap the greatest rewards. The buzz surrounding BinoFi’s presale, expert predictions, and $1 million giveaway are not just hype but signals for a future ready to disrupt the crypto world.

Conclusion

BinoFi is more than just a cryptocurrency; it’s a movement redefining how assets are traded and managed. Its hybrid model and innovative technology could make it the centerpiece of the next generation of blockchain solutions.

For those seeking a high-potential investment opportunity, BinoFi offers an exciting chance to be part of what could become 2025’s most talked-about crypto investment.

Website: https://binofi.com

Whitepaper: https://whitepaper.binofi.com

Giveaway: https://giveaway.binofi.com

Telegram: https://t.me/binofilabs

Twitter: https://x.com/Binoficom

CoinMarketCap: https://coinmarketcap.com/currencies/binofi/

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Bitcoin

Restaked Bitcoin Protocols Skyrocket 4,459% in Just 9 Months

Since the advent of restaking bitcoin and Babylon’s leading role in the space, restaked bitcoin protocols have exploded onto the scene with phenomenal momentum. Over the past nine months, these protocols have skyrocketed by 4,459%, showcasing a significant upward trajectory. From $69 Million to $3.1 Billion: The Meteoric Growth of Restaked Bitcoin Ecosystems Bitcoin-based decentralized [……
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