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Refinable, which describes itself as the “first major NFT marketplace on BSC” has joined the Most Valuable Builder (MVB) II program hosted by Binance. The MVB accelerator program is designed to offer support, funding, and exposure for projects building on Binance Smart Chain. Previously successful MVB participants such as PancakeBunny have gone on to have huge success within the BSC ecosystem.
Refinable is an NFT marketplace on BSC which enables creators and collectors to create, discover, trade, and leverage NFTs in an easily navigable environment. The ecosystem is supported by $FINE, a multi-purpose token for settling transactions and community voting, which also confers unique benefits such as discounted platform commissions and increased distribution and royalty limits.
Refinable’s acceptance into round two of the MVB should provide the company with an opportunity to scale to even greater heights. Winning the accelerator program would certainly define Refinable as an illustrious company. The first projects that won support from Binance were AutoFarm, PancakeBunny, and Beefy.finance. All three sites have gone on to achieve great success within the BSC ecosystem. The distinctive status as MVB winners helps to drive additional community interest and traffic their way. AutoFarm and Beefy.finance have since been listed on Binance.com, and PancakeBunny received $1.6 million in investment from Binance Labs.
For this round of the MVB, Binance is focusing specifically on innovative NFT and DeFi projects. With the MVB round opening on May 1st and closing on July 22nd any interested parties can still apply for consideration. Further details on applying for the scheme can be found here.
Users keen on NFTs are increasingly well served on Binance Smart Chain. Major exchanges such as PancakeSwap and BakerySwap both have their own NFT marketplaces, with PancakeSwap focusing on rabbit-themed NFTs and BakerySwap including gamified elements. The addition of Refinable, which is solely focused on the sector and offers a custom-built dedicated NFT marketplace, means that the options available to NFT creators and collectors continue to improve.
The admission of Refinable into MVB II is a fantastic opportunity for the upcoming NFT marketplace. While the competition within this sector is heating up, winning the support and approval of BSC would give the platform a significant boost.
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The Philadelphia Sixers, of the National Basketball Association (NBA) in the United States, have selected Crypto.com to become their new jersey patch sponsor in an intriguing new partnership.
The deal will see the hugely popular sports team sell Non-Fungible Tokens (NFTs) that fans can purchase. The sponsor will also appear in other arena promotions at the Wells Fargo Center this season. Crypto.com announced the latest exciting deal through their official blog.
“We are thrilled to launch a long-term partnership with such a progressive team at Crypto.com, a company that shares our drive for greatness,” President of Business Operations, Chris Heck, stated. “Crypto.com will be woven into the fabric of our identity, and together, we will change the landscape for how crypto is integrated in sports.”
The move further signals Crypto.com’s determination to establish itself on the world stage. A step into the premier world basketball league marks a significant milestone for crypto to become mainstream.
This deal is the latest in a long line of partnerships that have seen the crypto giant partner with Formula 1, Paris Saint-Germain, and the National Hockey League’s Montreal Canadiens. The 76ers deal is, however, the very first partnership with the NBA, and more partnerships should follow.
Crypto.com’s partnerships with just sports brands have totaled over $400 million and will likely yield a good deal more money through the huge exposure provided.
Users throughout the crypto space will welcome this news as it could herald a further step toward mass adoption, or at the very least, invite an additional significant number of people.
The global sports industry has already been a hot topic in crypto with exciting projects like Sorare and Chiliz announcing partnerships of their own.
As these deals continue to be signed, there will be a further impetus to educate prospective users about blockchain’s incredible possibilities.
Synapse Protocol has added a new network pool to its mainnet. The Arbitrum network is now live on the cross-chain liquidity protocol, permitting users to easily make cross-chain transfers with a single transaction from the network.
With the addition of Arbitrum pools, the protocol now has support for five different networks, including Binance Smart Chain (BSC), Ethereum, Polygon, and Avalanche pools. The introduction was announced on 21st September via Twitter.
According to the tweet, the Arbitrum pool will bridge faster transfer of assets, starting with ETH transfers back to the Ethereum network.
“We’re introducing support for @Arbitrum today to the Synapse Network, starting with ETH transfers. This is the first ETH fast withdraw bridge back to Ethereum. Move ETH to & from Arbitrum within minutes,” tweeted Synapse.
Users can now visit the Synapse pools page to view the five supported chains and enjoy fast cross-chain withdrawals. With over $15,000,000 in total liquidity, Synapse is the most liquid fast withdrawal bridge from Arbitrum.
Liquidity providers stand to earn fees and $SYN incentives when they supply nETH and Arbitrum ETH. Synapse announced the reward system in a Tweet thread.
“$SYN incentives are live for the @Arbitrum nETH <> ETH pool,” Synapse wrote on Twitter.
According to the tweet thread, users need to utilize the nETH <> Arbitrum ETH pool to get $SYN rewards. In addition, the tweet also disclosed how users would get rewards from providing liquidity on the Arbitrum ETH pool.
“nETH is minted by bridging ETH from mainnet to nETH on Arbitrum using Synapse."
Once you have nETH on Arbitrum, pair it with native Arbitrum ETH to provide liquidity.
As the pool balances change, arbitragers will be incentivized via a deposit bonus to rebalance the pool,” the tweet disclosed.
Synapse is a trustless cross-chain bridge and stableswap that allows users to bridge assets across all chains, swap assets, earn yield, and more. The platform supports Ethereum, BSC, Polygon, Avalanche, and Arbitrum networks and ensures that users easily transfer assets across any supported chains.
Where to find Synapse:
The addition of Refinable to the MVB program should bring big things for the NFT marketplace
Refinable, which describes itself as the “first major NFT marketplace on BSC” has joined the Most Valuable Builder (MVB) II program hosted by Binance. The MVB accelerator program is designed to offer support, funding, and exposure for projects building on Binance Smart Chain. Previously successful MVB participants such as PancakeBunny have gone on to have huge success within the BSC ecosystem.
Refinable is an NFT marketplace on BSC which enables creators and collectors to create, discover, trade, and leverage NFTs in an easily navigable environment. The ecosystem is supported by $FINE, a multi-purpose token for settling transactions and community voting, which also confers unique benefits such as discounted platform commissions and increased distribution and royalty limits.
Refinable’s acceptance into round two of the MVB should provide the company with an opportunity to scale to even greater heights. Winning the accelerator program would certainly define Refinable as an illustrious company. The first projects that won support from Binance were AutoFarm, PancakeBunny, and Beefy.finance. All three sites have gone on to achieve great success within the BSC ecosystem. The distinctive status as MVB winners helps to drive additional community interest and traffic their way. AutoFarm and Beefy.finance have since been listed on Binance.com, and PancakeBunny received $1.6 million in investment from Binance Labs.
For this round of the MVB, Binance is focusing specifically on innovative NFT and DeFi projects. With the MVB round opening on May 1st and closing on July 22nd any interested parties can still apply for consideration. Further details on applying for the scheme can be found here.
Users keen on NFTs are increasingly well served on Binance Smart Chain. Major exchanges such as PancakeSwap and BakerySwap both have their own NFT marketplaces, with PancakeSwap focusing on rabbit-themed NFTs and BakerySwap including gamified elements. The addition of Refinable, which is solely focused on the sector and offers a custom-built dedicated NFT marketplace, means that the options available to NFT creators and collectors continue to improve.
The admission of Refinable into MVB II is a fantastic opportunity for the upcoming NFT marketplace. While the competition within this sector is heating up, winning the support and approval of BSC would give the platform a significant boost.
