Published
5 months ago on
December 01, 2023
Since the turning point of blockchain technology in 2014, Cryptocurrencies have made a huge impact in changing financial institutions all over the world. Without a doubt, innovation is the hallmark of human history, and this, we see in Binance and Meme Moguls (MGLS) respectively.
In spite of the recent controversy involving Binance's former CEO, Changpeng Zhao, the exchange continues to forge ahead, leveraging innovation to attract new users to the Web3 space. Simultaneously, Meme Moguls has solidified itself as the world’s first meme-backed stock market/exchange, offering a dynamic approach to crypto investment. That said, let's find out how these two are changing the cryptocurrency and Web3 landscape in its entirety.
Binance Labs Injects $3.16M Into Open Campus to Advance Web3 Education
Founded just six years ago, Binance has grown to operate the largest cryptocurrency exchange in terms of the daily trading volume of cryptocurrencies globally. Just recently, its venture capital and incubation arm, Binance Labs, invested $3.15M in Open Campus, a community-led Web3 education platform that is tokenizing educational content by enabling content creators to monetise the content they make.
Binance revealed that the investment will incorporate new users onto Web3 and bring in more native users to participate in education through the launch of novel Publisher NFTs. The Publisher NFTs will supercharge the earning potential of content creators and allow revenue share for co-owners.
Binance coin boasts the 4th latest cryptocurrency spot and a market cap of $34.38B, Binance is getting bigger and bigger. The cryptocurrency exchange is not new to investing in innovating the crypto space. Last year, Binance Labs pumped $4 million into Ultimate Champions, a Web3 sports game platform that built on the BNB Chain and invested in Symbiosis Finance to enable the future of multi-chain liquidity.
Meme Moguls (MGLS) Is Revolutionizing The Meme Space
Until recently, no one could have expected such an innovative approach to cryptocurrency as with memes tokens, not to mention how disruptive Meme Moguls is. The meme-backed market/exchange is not just innovative, but also ambitious enough to come out as the first of its kind.
One interesting part of Meme Moguls that has had many people locked in is that users can buy, sell, trade meme assets and earn a fortune while at it, which is a very different reality when compared to trading stocks and assets. The Meme Moguls ecosystem is powered by the Meme Moguls Governance Token ($MGLS), a native token that allows participants access to exclusive features and benefits.
Meme Moguls will offer players a great platform to earn valuable and rare NFTs, which can be earned either through gameplay achievements or active participation in Meme Moguls’ ecosystem. Mind you, these NFTs can also be sold or traded on NFT platforms like Opensea.
As of now, Meme Mogul is already doing very well in stage one, with its MGLS token priced at $0.0021. Judging by the interest, the price is predicted to increase 20x by the time the presale ends.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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