With the majority of cryptocurrencies trading in the green, the cryptocurrency market is gradually rebounding from a bearish momentum. However, there have been fewer large transactions on the Hedera (HBAR) and Arbitrum (ARB) blockchains recently. However, investors are rushing to purchase Sparklo (SPRK), a new startup that is currently in its presale phase.
The first decentralized precious metal trading platform in the world, Sparklo (SPRK), has garnered interest from investors and analysts. Due to the project’s great financial possibilities and potential for long-term growth, the ongoing token presale has attracted a lot of attention.
Sparklo seeks to eliminate obstacles like high transaction fees and high capital requirements that frequently keep investors out of the traditional metal market. Low and high-income earners can purchase fractionalized NFTs of gold, silver, and platinum through Sparklo.
The platform’s smart contracts have undergone an assessment by InterFi Network, confirming their security for investors. The team KYC has also been approved and the liquidity has been locked for 100 years.
Sparklo’s ecosystem is expected to develop by over 1,500% in the near future, and investors have shown a significant interest in this prospect. Currently, it is in the second presale stage and the tokens are sold for $0.036 per SPRK token.
Hedera (HBAR) network set to be used for tokenizing home equity assets
The future generation of the web is powered by the open-source, leaderless proof-of-stake network known as Hedera (HBAR). House equity will now be tokenized on the TOKO asset tokenization engine by Hedera (HBAR), according to Quarter, Inc., the country’s first owner-occupied fractional equity house funding program and technology platform. Christian Hasker of Hedera stated that participants can access a safe, scalable, governance-focused ecosystem that facilitates effective ownership transfer, increased liquidity, and increased confidence by using the Hedera network to tokenize home equity assets.
He later went on to congratulate Quarter and TOKO on reaching this milestone. The project acknowledges that Hedera is the ideal platform to maximize the value of tokenized home equity assets in the digital economy because of its strengths in security, compliance with regulations, and interoperability.
Circle finally set to launch USDC on Arbitrum (ARB) network
A new version of the USDC stablecoin from Circle, a well-known supplier of digital currency, has been made available on the Arbitrum (ARB) network. The Ethereum-bridged version of USDC that has been in use until now including in the Arbitrum network is scheduled to be replaced by the new native version, which is anticipated to offer several advantages for users and ecosystem participants. Before the introduction, Circle intends to change the name of the current USDC Ethereum-based version to “USDC.”
The new Arbitrum-based version will be labelled as “USDC,” while the old version that is off the Arbitrum network will be identified as “bridged USDC.” According to Circle, the Arbitrum project will enable cross-chain transfer protocols to accelerate transactions. By managing the transfer of assets between blockchains, CCTPs enable users to converge on a single form of liquidity. Across portfolios, they support both Web3 and cryptocurrency assets.
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Source: https://coinpedia.org/press-release/sparklo-shines-new-light-for-investors/