Covesting Highlights Increased Utility of COV token in 2022 Roadmap
Covesting, a European licensed DLT services provider and B2B software developer, has further highlighted the functionality and of its COV token in a new 2022 roadmap that further spells out more utility for the token. After successful launch of its peer-to-peer copy trading module on PrimeXBT earlier in the year Covesting went on to launch the full implementation of its COV token utility and functionality for users of the copy trading module to take advantage of. Now, as the company starts to look ahead to 2022, with a newly released roadmap, there is additional utility users can expect....
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Europe-based licensed financial software developer Covesting is the team behind several of the crypto industry’s most innovative projects, ranging from the Covesting copy trading module and the COV utility token. The company has in the past released several financial products on B2B partner platforms and will soon deliver additional disruptive solutions centered around DeFi protocols […]
Utility coins are a dime a dozen, but those that actually provide a plethora of benefits for holders are ultra-rare and worth paying closer attention to. The COV token is a utility token that unlocks a variety of account-level benefits already but continues to evolve in the available ways holders can utilize the asset. The latest update from Europe-based fintech developer Covesting has brought even more new features to the COV token through partner platform PrimeXBT: two new COV-denominated account types. COV Token Update Enables COV-Denominated Margin Trading And Strategy Accounts....
The month of November has been a volatile one, leading to new highs in both Bitcoin and top cryptocurrencies, as well as the stock market, but then almost immediately a shakeout. Now, the market is confused as to where things might turn next. Regardless of the direction, Covesting copy traders enjoyed another successful month in November. With the proper tools to take full advantage of the recent volatility, while most of the market suffered losses, Covesting strategy managers instead were able to pull in a few thousand percent in gains. At the same time, their followers made a share of....
EverRise, the blockchain technology company that brought the buyback to crypto, has upgraded to a new smart contract that supports VeNomics (vote escrowed token model) and on-chain utility NFTs. The upgraded EverRise protocol introduces increased security features and an innovative staking platform built with on-chain utility NFTs. The RISE token is available on Ethereum, BNB Chain, Polygon, Fantom, and Avalanche with one shared supply, made possible with EverRise’s bridging solution, EverBridge.
With use of on-chain NFTs, staking contracts are now fully....
This week, pax.world launched $PAXW, its proprietary utility token for the metaverse. The process of designing and launching $PAXW has provided a clear understanding of the token’s inherent purposes, enormous potential, and possible dangers. Let’s begin at the top: A utility token is a cryptocurrency that serves a specific purpose within a particular ecosystem. Utility tokens give holders the right to perform specific actions on a blockchain network or decentralised application – in this case, $PAXW is native to pax.world. It is a utility and governance token rolled into....