Ethereum DeFi Sector Benefits From Polygon’s (MATIC) New Partnership with FOX, More Gains Ahead

2024-6-26 16:00

Polygon (MATIC) recently revealed a new and revolutionary collaboration with the media giant Fox Corporation. This partnership is set to improve the DeFi sector. However, a new Ethereum DeFi project will also considerably expand the DeFi space.

What does this new Polygon partnership entail? And how will this new protocol contribute to advancing the Ethereum DeFi sector? The answers are below. 

Fox Launches Verify Using Polygon CDK

Polygon recently announced that Fox Corporation had turned its Verify solution into a dedicated zero-knowledge (ZK) blockchain using Polygon CDK. Verify is an open-source protocol for proving the origin of registered media. Fox launched a closed beta version in August 2023 and has registered over 300,000 pieces of content from its various subsidiaries. 

Verify will piggyback on Gelato to facilitate the implementation of a dedicated layer with Polygon CDK. However, Verify will eventually be able to connect to the AggLayer and join a horizontally scalable web of interoperable chains for seamless cross-chain interaction. 

The proliferation of AI-generated images and content makes Verify necessary. Users can check the origin and source of any content on the platform, provided it has been registered and cataloged. It also gives media publishers more control over relationships with AI platforms aggregating content from the web. 

Global publisher TIME became the first external Verify client to register content on the dedicated chain. The platform’s Verified Access Point allows publishers to access new revenue opportunities by utilizing smart contracts that set programmable conditions for content access.

Since the collaboration was announced, MATIC has gained 6%, reaching $0.58. Analysts say MATIC could rise to $3.44 next year if Verify gets many more clients. 

RCO Finance (RCOF): The Ethereum DeFi Project About To Transform DeFi

RCO Finance is a new project aiming to revolutionize the DeFi space by integrating it with the traditional finance system. The project also introduces various cutting-edge DeFi solutions. 

One of the solutions is its debit card. This debit card represents the cardholder’s digital assets. It will be used to interact with the entire decentralized ecosystem, such as decentralized exchanges, decentralized apps, etc. It can also be used to convert crypto into fiat on demand. 

As wonderful as the DeFi debit card is, RCO Finance’s core feature is equally fantastic. The project runs an AI-powered decentralized investment platform supported by an AI robo advisor. Users can invest over 120,000 real-world assets such as real estate, ETFs, shares, bonds, FX, and derivatives. 

The robo-advisor assists investors by correctly analyzing market trends, identifying profitable opportunities, and executing trades for them. For example, the robo advisor can tell you the best time to buy NVIDIA shares or the best time to reduce your risk tolerance. 

Also, if you are not available to take the opportunity, the AI assistant can help you take the position before you get back. 

Another RCO Finance feature is its Network Staking Protocol. Holders of RCOF, the project’s native token, can stake their tokens for network stability and to provide liquidity. They also earn staking rewards. 

Accessing these features requires purchasing RCOF, currently sold for $0.0127 in Stage 1 of the presale. Investors who participate in the presale today will earn a 169% and 3000% profit in Stage 2 and by the end of the presale. 

RCOF’s Astounding 3000% Presale Surge Makes RCO Finance More Attractive

RCO Finance’s lucrative presale makes the project much more attractive. It means you can access some of the best-decentralized investment services, use the AI robo advisor, enjoy the access the debit card provides, and still earn huge profits from holding the native token. 

RCOF will launch at $0.4, and those who buy it in Stage 1 of the presale will benefit from an epic 3000% gain. This is more than most other tokens currently offer, making RCOF one of the best opportunities in crypto right now. 

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The inforation provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post Ethereum DeFi Sector Benefits From Polygon’s (MATIC) New Partnership with FOX, More Gains Ahead appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Defi (DEFI) на Currencies.ru

$ 0.0182135 (-17.70%)
Объем 24H $1.165k
Изменеия 24h: 74.29 %, 7d: -97.27 %
Cегодня L: $0.0182135 - H: $0.0182135
Капитализация $0 Rank 3233
Доступно / Всего 0 DEFI

defi new partnership ethereum fox sector matic

defi new → Результатов: 126


Фото:

Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […]

2020-6-22 22:00


Coinbase планирует добавить токены, занимающие 20% рынка DeFi

Крупнейшая криптовалютная биржа США Coinbase объявила о возможном листинге 18 криптовалют, среди которых значимые представители сектора децентрализованных финансов (DeFi). Coinbase is exploring the addition of 18 new digital assets, some are live, some are not.

2020-6-11 11:22


Фото:

Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi

Switzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used, staked and earn interest within […] The post Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi appeared first on Bitcoin News.

2020-6-6 18:00


AVA Labs Integrates Chainlink’s Decentralized Oracles to Improve DeFi Dapps Development

AVA blockchain, becomes the latest platform to add Chainlink, a decentralized oracle system to its platform. The integration of Chainlink to the Dapp blockchain platform will reduce the development time and allow the creation of new products on the platform such as crypto derivatives, calculation of strike prices and triggering liquidations. In an official report […]

2020-6-3 19:33


DeFi Startup Eidoo Partners With Contis To Launch Visa Crypto Card For EU, and UK Users

Eidoo, a Swiss-based Defi startup has partnered with Europe’s principal Visa member Contis to offer Visa crypto debit cards in Europe and the United Kingdom. The new Visa crypto debit card would support Bitcoin and Ethereum while utilizing regulated stablecoins to offer crypto-to-fiat conversion to negate the volatility factor associated with crypto assets. The card […]

2020-5-27 23:25


Фото:

Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token.

2020-4-22 05:06