Crypto Loans – Innovative Words http://innovativewords.com/ Wed, 05 Jan 2022 19:52:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://innovativewords.com/wp-content/uploads/2021/04/default.png Crypto Loans – Innovative Words http://innovativewords.com/ 32 32 CORRECTION – Liquid Media launches Blockchain framework https://innovativewords.com/correction-liquid-media-launches-blockchain-framework/ Wed, 05 Jan 2022 16:06:36 +0000 https://innovativewords.com/correction-liquid-media-launches-blockchain-framework/ In a statement issued under the same title earlier today by Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR), please note the date of Columbia, not VANCOUVER, British Columbia as stated above. The corrected version follows: VANCOUVER, British Columbia, January 5, 2022 (GLOBE NEWSWIRE) – Liquid Media Group Ltd. (the “Company”, […]]]>

In a statement issued under the same title earlier today by Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR), please note the date of Columbia, not VANCOUVER, British Columbia as stated above. The corrected version follows:

VANCOUVER, British Columbia, January 5, 2022 (GLOBE NEWSWIRE) – Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) is pleased to announce the launch of its first blockchain streaming movie with a list of digital panel presentations in the upcoming hybrid Sundance Film Festival 2022 (“Sundance”). Sundance is the largest and most prestigious annual independent film festival in the United States.

Hosted via the Eluvio-Liquid Media blockchain framework, the original documentary film “anguish», Produced by Scilla Andreen, CEO of iNDIEFLIX and designed to raise awareness of anxiety, will be broadcast on demand for a limited time through Eluvio’s Content Fabric and Liquid’s next-generation supply chain, after the festival . This global screening and NFT event will engage a global audience. It will also provide blockchain-based community access to Angst’s ‘Creative Coping Toolkit’, which is designed to open the conversation and provide resources to help address mental health challenges in our communities.

To introduce “Angst” streaming, Liquid plans to host a virtual chat during Sundance on January 21, 2022 at 2 p.m. MT. During the panel, Andreen will discuss the documentary and its impact, and explain the important content of the Angst Toolkit, which buyers will have access to via NFT tokens.

“Liquid’s blockchain approach and business solutions engine are here to disrupt the industry and improve the way independent creators establish community engagement and deliver their content to screens of all sizes and types,” said Ron Thomson, CEO of Liquid Media. “We are especially excited that our screening of ‘Angst’ showcases the incredible ways that independents can leverage blockchain technology and NFTs to reach new audiences, achieve decentralized distribution at lower cost, sell merchandise and more. special access experiences, and broadcast directly to fans on their own terms.

In tandem, Liquid will host a panel in partnership with DEADLINE, at the Sundance Film Festival, discussing the future of blockchain entertainment, NFTs for the entertainment industry and the possibilities this technology brings to independent producers. Key panelists include Eluvio Founder and CEO Michelle Munson, Greenfish.io General Manager Tracie Mitchell, INDIEFLIX Founder and CEO Scilla Andreen, and Liquid CEO Ron Thomson.

Thomson continues, “Liquid offers a professional approach that gives freelancers a comprehensive strategy to leverage blockchain to interact with and monetize their global audience. The Liquid solution has been meticulously designed to meet the needs of the self-employed. Sundance is a pivotal event for its unveiling, and we’re excited to showcase our cutting-edge blockchain capabilities with Eluvio. “

“We look forward to Liquid’s virtual participation at Sundance,” said Joshua Jackson, President of Liquid. “Together, the Liquid Media family of companies and partners empower diverse communities of independent storytellers by providing solutions to their most common problems and providing tools for the creation, funding and monetization of great stories across the world. media. “

Liquid’s Sundance premiere follows the company’s successful industry unveiling at the 2021 Toronto International Film Festival (“TIFF”), where Liquid hosted a star-studded TIFF “Big Splash” gala, which continues to garner global media coverage. The gala event closed a weekend of TIFF panel presentations where Jackson, Thomson and other members of the Liquid Media family of companies shared their expertise on topics ranging from streaming to the new world , funding for the independents and harnessing the power of the media for social good.

About Eluvio

Eluvio is transforming the management, distribution and economy of premium digital content. Eluvio Content Fabric is a utility blockchain network for owner-controlled storage, distribution and monetization of digital content on a large scale. It provides live and file-based content publishing, transcoding, packaging, sequencing, dynamic and static distribution, as well as derivative NFT typing for all ranges of content experiences. Eluvio customers include FOX, MGM Studios, SONY Pictures and others. Eluvio LIVE, powered by Eluvio Content Fabric, offers paid streaming events and multimedia marketplaces for global artists including the Black Eyed Peas, Rita Ora and more. Eluvio is led by Emmy Award-winning technologists Michelle Munson and Serban Simu, founders and inventors of Aspera, a pioneer in digital video transport technology that was acquired by IBM, and a core team of innovators. Based in Berkeley, California, Eluvio has received numerous industry awards, including the prestigious 2020 Engineering Excellence Award from the Hollywood Professional Association. https://live.eluv.io

About Greenfish.io

Greenfish.io is an established technology integration partner of Eluvio. Greenfish.io uses Content Fabric to build market leading applications and provide business transformation services to media organizations. This includes “Green Directory” – a digital identity solution that enables content owners, creators and service providers to establish secure business relationships.
Based in London, UK – Greenfish.io was founded by Director – Tracie Mitchell. Tracie has over 25 years of experience as a media technologist, defining products, solutions and operating models for many of the world’s leading media organizations including Sony, Disney, American Broadcasting Company, Twofour54 and the BBC.

About Liquid Media’s iNDIEFLIX:

A Liquid Media Group company, iNDIEFLIX Group Inc. is a global “edutainment” streaming service that creates, promotes and supports social impact films to create positive change in the world.

Further information is available on www.iINDIEFLIX.com
Linkedin / Twitter / Instagram / Facebook

About Liquid Media Group Ltd.

Liquid Media Group Ltd. (Nasdaq: YVR) is a business solutions company that empowers independent intellectual property creators. Liquid’s end-to-end solution will enable the creation, packaging, funding, delivery and monetization of professional videos (film / TV and streaming), enabling IP creators to take their professional content from creation to the whole process up to monetization.

Further information is available on www.LiquidMediaGroup.co.

More information :

Primoris Group Inc.
+1 (416) 489-0092
pg@liquidmediagroup.co

Media inquiries:

Investor / Company
Adam bello
Media Relations and Analyst Manager
Primoris Group Inc.
+1 (416) 489-0092 ext 226
media@primorisgroup.com

Industry
Jane owen
Jane Owen RP
+1 (323) 819-1122
jane@janeowenpr.com

Caution regarding forward-looking statements

This press release includes statements containing certain “forward-looking information” within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are generally identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “potentially” and similar expressions, or are those which , by their nature, refer to future events. These statements should not be interpreted as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those implied by such statements. These factors include, but are not limited to: developments related to the COVID-19 pandemic, regulatory measures, market prices, continued availability of capital and financing, and general economic, market conditions or business, as well as additional risks disclosed in the annual and quarterly financial reports available at www.sedar.com. Investors are cautioned that these statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the management of the Company as of the date on which the statements are made. The Company has no obligation and expressly disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. .


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Crypto stocks rally and challenge Bitcoin weakness https://innovativewords.com/crypto-stocks-rally-and-challenge-bitcoin-weakness/ Mon, 03 Jan 2022 19:51:00 +0000 https://innovativewords.com/crypto-stocks-rally-and-challenge-bitcoin-weakness/ Text size The price of Bitcoin has been low for months. Alexander Uhrin / Dreamtime Some cryptocurrency-related stocks and exchange-traded funds rallied to start the new year, ignoring declines in Bitcoin and its counterparts. The crypto industry, including Bitcoin miners, exchanges and blockchain-related companies, was generally higher on Monday. Marathon Digital Holdings (symbol: MARA), one […]]]>

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How to buy Magic Internet Money (MIM) • Benzinga https://innovativewords.com/how-to-buy-magic-internet-money-mim-benzinga/ Fri, 31 Dec 2021 16:52:30 +0000 https://innovativewords.com/how-to-buy-magic-internet-money-mim-benzinga/ Want to jump straight to the answer? You can buy MIM on Gemini. Perhaps one of the most important uses of crypto is in borrowing and lending. Users can borrow cryptos at low rates without having to go through a lengthy verification process. However, the current decentralized financing (DeFi) system has some flaws that may […]]]>

Want to jump straight to the answer? You can buy MIM on Gemini.

Perhaps one of the most important uses of crypto is in borrowing and lending. Users can borrow cryptos at low rates without having to go through a lengthy verification process. However, the current decentralized financing (DeFi) system has some flaws that may prevent it from being widely used. Magic Internet Money (MIM) hopes to change that. By combining the best aspects of several loan mechanisms, he hopes to change the lending industry for good.

What is Magic Internet Money?

Magic Internet Money is a soft peg stablecoin linked to the US dollar. This means that the price will stay close to $ 1, but can fluctuate by a few tenths of a dime. This happens because the asset is backed by interest bearing tokens through the blockchain instead of USD.

Magic Internet Money is issued whenever a user deposits collateral into the Abracadabra.money token project. This project is essentially a loan service. However, it integrates several parts of traditional crypto lending programs to create a powerful new project.

There are two main types of lending platforms. Dai (DAI) allows users to deposit crypto and recover liquid asset. For example, a user can deposit Ether (ETH) and receive DAI as a reward. The other loan mechanism involves illiquid tokens. An example of this is SushiSwap (SUSHI). Users can deposit SUSHI and collect xSUSHI. The xSUSHI accumulates interest, but cannot be redeemed. This is basically a deposit receipt and allows users to recoup their initial investment.

MIM combines these two mechanisms. It allows users to deposit illiquid assets, such as xSUSHI, and receive MIM in return. This allows users to take their illiquid assets and make them liquid. With this extra liquidity, users can basically get their money’s worth. They can guarantee an illiquid asset in exchange for the MIM. Before, these illiquid assets were useless until they were redeemed. MIM changed that by allowing users to take advantage of their previously unusable tokens.

Every time someone removes MIM, new tokens are created. For this reason, there is no maximum limit on the token supply. The token is also an ERC-20, which means it’s based on the Ethereum blockchain and inherits a handful of properties from Ethereum, such as its security and decentralization.

Although the price of MIM does fluctuate, it rarely drops below $ 0.97 or above $ 1.03. This is because when the price is less than $ 1, users are encouraged to repay the loans at a discount, while they are encouraged to take out loans when the price is greater than $ 1 to receive a premium.

Brief History of Magic Internet Money

MIM was officially released in September by its anonymous founder nicknamed Squirrel. His goal for the project was to create an extremely decentralized and easy-to-use asset that would allow users to access the area of ​​decentralized finance.

MIM is currently trading at just under $ 1, with a market cap of almost $ 2 billion.

How to buy magic money on the Internet

Now that you understand the basics of MIM, you might be interested in purchasing the token. Fortunately, this is quite easy and only requires a few short steps.

  1. Open an account online.

    The first step to purchasing MIM is to open an account on a supported trading platform. While there are several that support MIM trading, Gemini stands out with its ease of use, security, and low fees.

    To open an account on Gemini, go to its website or mobile app and create a free account using an email. Afterwards, you may need to provide some basic documents before you can fund your account and start trading.

  2. Buy a wallet (optional).

    While storing your MIM on Gemini might be the easiest option, it might not be the safest. Crypto wallets are physical devices or software that allow users to store their crypto separately from any single entity. This gives users full custody of their tokens and can be much more secure than storing them on an exchange.

  3. Make your purchase.

    Now that you have funded an account on Gemini, you are ready to buy MIM. To do this, navigate to the MIM page using the search function. Use the exchange function and select buy. From there, enter the amount of MIM you want to buy, complete the trade, and your MIM will be in your wallet.

MIM token cryptocurrency wallets

Best Hardware Wallet: Ledger