AXELAR V1.2.1 COBALT UPGRADE IS LIVE
WHAT IS IT?
This is a new investment vehicle offering exposure to @axelar native token, $AXL and it is targeting institutional and accredited investors.
This development marks a new dawn for blockchain interoperability and a significant milestone for Axelar.
A THREAD.
Dolce & Gabbana is set to make waves in the fashion and technology sectors once again with the transformation of their iconic $1m Glass Suit into an AI agent and @BosonProtocol co-founder revealed this in one of his discussions.
This glass suit is more than the eye meets, this is not another crazy luxury fashion design by D&G-This is a luxury piece that is about to transform into an AI agent.
This suit is going to be tokenized on @BosonProtocol and fractionalized through @FermionProtocol. What does this mean? This simply means you and I have the opportunity to own a piece of this goodness.
$BOSON is changing how we view commerce one step at a time and I'm loving it🔥
Are you still sleeping on this?
Don't miss your chance to participate in the $Boson Protocol liquidity program, which concludes on [January 13 2025]. This program allows you to stake behind trusted sellers and earn rewards, enhancing your participation in decentralized commerce.
Check quote tweet for more details
Let me tell you a short story. The title of my story is how I came across the best #RWA project, which is @BosonProtocol.
I came across @BosonProtocol on one of my random scrolls on the timeline and I was quite impressed with the many opportunities available on $BOSON and I thought to myself how can I become a part of this community and Just as I was contemplating my next steps, something unexpected happened: I received a direct message from the Community Manager! They informed me that I had been selected to become one of the ambassadors for @BosonProtocol. I was beyond thrilled! This was not just an opportunity; it was the beginning of an exciting journey filled with learning, growth, and collaboration. Now, let me share how you too can benefit from the ecosystem that Boson is building for decentralized commerce and tokenization of real-world assets.
What is Boson Protocol?
Boson Protocol is a decentralized platform that enables the tokenization of physical goods, allowing them to be represented as digital assets on the #blockchain.
Read here for more details-https://t.co/mfN9YtycAF
What are the benefits of joining Boson Protocol community?
▫️Direct access to our founder- Unlike other communities, our founder converse with us and keeps us updated on what is going on with @BosonProtocol. The team members of @BosonProtocol is transparent and welcoming.
▫️Unlimited giveaways- With @BosonProtocol the games are unlimited, from geocoaching to the Boson-osaurus game to making the best pfp of our community manager. There's also an ongoing GIF event, where the winner gets to take home 100 boson for creating the best Boson themed GIF.
▫️Decentralized Commerce- Imagine being able to own a piece of your favourite art work or your favourite wine without going any hassle, awesome isn't it? This is possible all on @BosonProtocol and @FermionProtocol.
▫️Decision making- By holding @BosonProtocol token [ $BOSON], members get to take part in decision making through the dCommerce DAO and also vote on Protocol changes. You can buy $BOSON from kucoin, gate io or Mexc.
I could go on about the numerous benefits of joining the Boson Protocol community, but I’ll keep it brief. I encourage you to dive in and experience it for yourself.
Join here - https://t.co/ASBzfD6lKY
#RWAs keeps getting better with @BosonProtocol 🔥🔥🔥
From being Named a ‘Tech Pioneer’ by the World Economic forum for its unbeatable tech to making notable collaborations with amazing platform like @WooCommerce, @SuperchiefNFT and even collaborating with @davidcash888 and @cashlabshq on the Roblox Gaming Bridge.
Now this,Imagine your virtual goods unlocking real-world products? 🤯
$BOSON is not stopping anytime soon and I'm here for it
Testnets are important for testing the network, true but Fermion protocol raises the bar higher for its users.
How? You may ask and in what way? You may wonder.
To answer your questions, I’ve got two words for you
"ALPHA DROP"
@FermionProtocol has launched its V1 testnet on Amoy network and would be rewarding network testers for both offchain and onchain interactions thanks to its partnership with @absinthe_labs
Some of the features available on testnet phase includes:
⇒ Fermion-tokenized physical RWAs
⇒ Use of wETH on Opensea for buying RWA assets
⇒ Check out of items via Fermion dApp
You should start earning XP’s now and stay ahead of the curve: https://t.co/q37W3OxzSm
For more details:
Telegram: https://t.co/fymzWwxKdo
STILL SLEEPING ON BOSON PROTOCOL?
$Boson Protocol is changing commerce in the blockchain space by enabling the seamless exchange of physical assets. Awarded "Tech Pioneer" by the World Economic Forum, Boson has established itself as a leader in decentralized commerce (dCommerce) with major partnerships with @SuperchiefNFT , @WooCommerce and so many more. @BosonProtocol is a developed protocol ready for mass adoption with established distribution channels and a growing community of developers creating applications on its platform.
$BOSON allows brands to tokenize physical items, facilitating direct sales without centralized intermediaries. The technology automates transactions using smart contracts, ensuring fair exchanges and consumer protection.
The protocol's vision is to create a unified digital marketplace for physical goods, akin to "Uniswap but for e-commerce," where all products are listed and transactions are automated via smart contracts.
By addressing challenges like the physical asset problem and ensuring fair exchanges, Boson Protocol is transforming traditional commerce into decentralized Commerce that benefits everyone.
Still not updated with what is going in @BosonProtocol ? Here is a run down in case you missed it.
▪️WooCommerce Integration: Boson protocol partnered with @WooCommerce, the leading e-commerce platform with a 38% market share— It connects Boson to over 4million e-commerce stores. This collaboration enhances boson e-commerce capabilities!
▪️Tokenization Sucess: Boson partnership with @SuperchiefNFT has infused $5.1M into the Boson ecosystem, leveraging tokenization to bring rare artwork into the Web3 space. Having access to your favorite pieces just got better😁
▪️Roblox Gaming Bridge: Boson is collaborating with @davidcash888 and @cashlabshq on the Roblox Gaming Bridge, expanding its ecosystem! Stay tuned for updates! Something big is coming🔥
▪️Recognition in RWA Space: Boson founder @JBanon discussed Boson's journey from digital vouchers to tokenizing physical assets with @CRYPTO101Pod, with over 100,000 weekly listeners, recognizing @BosonProtocol as OGs in the RWAs space.
Do well to listen here https://t.co/RQqeJrzhRt
Imagine you have a really cool toy, like a shiny red car and you want to share that toy with your friends at the same time keeping it safe and secured .
Fermion protocol is like a magic box that helps you share your toy with lots of friends at the same time. Now you may be wondering how this is possible🤔 Fermion protocol now in the picture makes tiny pieces of the toy that everyone can play with while you still remain the owner of the big toy.
So, when your friends want to play, they can use the magic box to get their piece of the shiny red car, and everyone can have fun together without you losing the toy!
WHAT IS FERMION PROTOCOL?
Fermion Protocol is a decentralized platform built on @BosonProtocol , it is designed to facilitate the way we fractionally tokenize and trade verified physical real-world assets (#RWAs). @FermionProtocol addresses significant challenges in the asset market, such as fragmentation and poor price discovery, by providing a universal infrastructure that allows #Web3 entrepreneurs to create applications for tokenizing and trading RWAs easily.
You may be wondering how @FermionProtocol is able to do this, let me tell you how.
🔹Fractional tokenization: Fermion enables the division of high-value assets, like luxury watches and fine art, into smaller, tradable pieces. This allows more people to invest in expensive items and own valuable items. Let's say you and your friends wants to get a big cake and instead of one person buying the whole cake, it was cut into smaller slices so each person could afford a piece. Now each person can decide to sell their own slice of the cake. By making smaller pieces, more people can afford to buy a part of the expensive cake. This means that even if someone doesn’t have enough money to buy the whole thing, they can still own a piece of it.
🔹Trusted Verification: Fermion incorporates trusted verifiers and custodians that enhances the verification standards for #RWAs and ensuring that assets are genuine and properly represented. The verifiers look at the items very closely to make sure they are genuine and match their descriptions. This is like a teacher checking your homework to make sure it's your own while the custodians keep the items safe while they are being bought and sold. They make sure the items don't get lost or damaged.
🔹Economic Incentives: FERMION token $FMION serves as the economic unit within the ecosystem, facilitating governance and incentivizing participation from buyers and sellers. It also enables users can also reduce fees through staking.
🔹Native Fractionalization: By utilizing the ERC-404 standard, Fermion allows for the easy creation of #RWAs that can be traded on chain, making it easier for more people to invest in valuable items.
Fermion protocol aims to tokenize real world assets into an on-chain fractional market. Stay tuned as we explore its use cases and its significance to the blockchain as a whole in my next piece.
For the past weeks we have spoken about Boson protocol, its use cases, its features and even the $Boson token. Now you may be wondering "why is Boson protocol so special and what sets it apart from other RWAs projects?" Well think no more as we're about to go into the details of what sets Boson Protocol apart from other #RWAs project and its importance to decentralized commerce.
Boson protocol has created a bridge between user-provided data and real-world commerce. It makes use of physical shopping experiences, user data, and decentralized finance (#DeFi) to enhance online buying and selling. @BosonProtocol consists of certain unique features that make it different from other RWAs project. Below are some of the features of the Boson protocol ecosystem that fill the gap between real-world commerce and user-provided data;
🔸DCOMMERCE DAO
The dCommerce DAO is community-governed decentralized autonomous organization. The primary aim of the DAO is to come up with the ideas and procedures on how the dCommerce product stack of Boson protocol should be further developed. The community participates actively in voting on which projects building tools, core applications, and integrations for the @BosonProtocol ecosystem must receive funds. The community also vote on what kinds of changes Boson’s growth policies need, among all the other things.
Key features of the dcommerce DAO ;
▪️ Governance: The DAO enables community members to make important decisions concerning the ecosystem like voting on which project receives support and how funds are distributed to them.
▪️ Funding Mechanism: The DAO provides financial support for developers that aime to create applications within Boson protocol, this promotes growth in the ecosystem.
▪️Tokenization: $Boson is the native utility token of the ecosystem. It is used to facilitate staking, governance and even Incentivizing participation in the ecosystem. Community members stake Boson to receive rewards and reduce network fee.
🔸WEB3 MARKETPLACE
The Boson #Web3 Marketplace is a decentralized platform that empowers users to control and monetize their data while facilitating commerce. It allows users to voluntarily share their data in exchange for rewards. This marketplace makes use of the blockchain technology to ensure secure transactions and user ownership of data.
Key features of the marketplace;
▪️Decentralization: The marketplace removes the need for an intermediary. It enables direct transactions therefore it reduces the cost that is usually associated with traditional commerce.
▪️Data monetization: The marketplace enables users to share their data willingly and in turn receive rewards. This changes how personal data is monetized and utilized in transactions.
▪️Smart contracts: The marketplace makes use of smart contracts which streamlines transactions, it ensures that transactions are carried out without the need of manual interference.
Boson protocol stands out when it comes to RWAs, it empowers users to take control over their data and creates a unique marketplace that removes the need for an intermediary.
BTC is expected to reach new highs later this year if Donald Trump wins the U.S. election in November, and the cryptocurrency could hit $90,000 by the fourth quarter, broker Bernstein said in a research report on Monday.
I don’t know about you but this is Bullish for crypto!🔥
The decision to allocate a remarkable 15% of $FMION tokens towards ecosystem development within the @BosonProtocol Ecosystem is a bold move that will undoubtedly drive innovation and collaboration to new heights.
I can't wait to see what this collab between @FermionProtocol and @absinthe_labs brings.
Stay tuned guys something big is coming soon🤞😉
Tokenization have redefined the way we view ownership, access, and rights within decentralized ecosystems. In commerce , tokens have transformed the way we exchange value enabling decentralized transactions, reducing reliance on intermediaries, and fostering more transparent and efficient marketplaces. They empower businesses and individuals to interact directly. Tokens are reshaping how we buy, sell, and trade in the digital age. This shift towards tokenization is not just a trend; it marks a fundamental change in how we conduct business, interact with digital assets, and even perceive ownership itself. Now that we've established what tokens are, let's talk about @BosonProtocol token and its use cases.
$Boson is the native utility token in the ecosystem of Boson protocol. This token allows users to receive a fee reduction for maintaining transaction coordination. The Boson token works for the governance of the network, which means it gives its holders a right to give their vote on how the Boson protocol should operate. It also provides users with a voice on how the funding of the dCommerce funding comes into use.
USECASES OF BOSON TOKEN
The Boson token has three major use cases. These are as follows;
🔻GOVERNANCE
The Boson token works to establish governance for the ecosystem. it facilitates a consensus mechanism around protocol changes and fund issuance with the help of a voting system in the Boson Protocol dcommerce DAO.
🔻STAKING
Boson tokens are eligible for making commitment deposits. The overall procedure significantly decreases the fee that the network charges users for transaction coordination. Hence both sellers and buyers of dcommerce data can help in circulating the token supply within a reduced transaction fee.
🔻INCENTIVIZATION
The participants of the Boson protocol ecosystem have the benefit of receiving incentives for their contribution to the platform. Here the platform uses multiple ways to incentivize its network members; they are as follows:
▪️ It distributes rewards with the help of the $Boson token reward supply that sellers and aggregators facilitate.
▪️ The establishment of relayer marketplaces within the Boson ecosystem allows it to acquire incentives in the form of Boson token fees for inventory distribution.
▪️ Boson protocol allows buyers to share their important data with the platform. And in return, they can earn an equitable profit depending on the yielded value as a result of data sharing.
STATISTICS OF BOSON TOKEN
Circulating supply - 132.6Million
Total supply - 200.0Million
Max supply - 200.0Million
NB - The Boson Protocol token { $BOSON } is an ERC-20 token deployed on the Ethereum #blockchain that powers the Boson Protocol decentralized commerce ecosystem.