The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $16,836.38 and BTC market dominance is %. The price of Ethereum is $1,233.46 and ETH market dominance is %. The best performing cryptoasset sector is Token, which gained 7%.
The Right Place to Buy, Exchange and Borrow against Your Crypto.
LiquidFactory.io’s first product, BIDSHOP.io, is an NFT auction-style marketplace that introduces game theory elements into the traditional NFT auction process.
Cover art/illustration via CryptoSlate
KuCoin Labs, the investment and incubation arm of the KuCoin ecosystem, has announced its co-lead investment in LiquidFactory.io, a startup that is building a privacy network with native encrypted cross-chain communication.
The $1.25 million fund raise also attracted backing from VC firms including IDG capital, CDH VGC, Lapin.Digital, Ascensive Assets, and Acheron Trading.
Aviv Farhi, COO of LiquidFactory.io said:
“LiquidFactory.io will be using this investment to launch its first product BIDSHOP.io,”
LiquidFactory.io’s first product, BIDSHOP.io, is an NFT auction-style marketplace that introduces game theory elements into the traditional NFT auction process.
Bidders on the platform will be able to hide their bids from others in a decentralized and trustless manner using the platform’s encryption layer — allowing for additional liquidity streams for NFTs. Bidders will also be able to acquire rare NFTs at a discount from their listing price.
The BIDSHOP testnet platform is scheduled to launch on Dec. 7 and will include giveaways and prizes to attract users and testers. KuCoin Labs will be advising LiquidFactory.io on various aspects such as business strategy, fundraising, marketing, and go-to-market strategies.
Josh has been writing for a decade and is passionate about mainstream crypto adoption, bringing positive financial change to the masses through crypto and decentralized finance as a whole.
Market report covering Ethereum, NFTs, stablecoins, usage and losses
Directly from this Widget: the top CEXs + DEXs aggregated through Orion. No account, global access.
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KCS performs as the key to the entire KuCoin ecosystem, and it will also be the native asset on KuCoin’s decentralized financial services as well as the governance token of KuCoin Community.. Learn more
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies which was launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users across 207 countries and regions around the world. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with 24/7 multi-language customer services. Learn More
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Market report covering Ethereum, NFTs, stablecoins, usage and losses
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