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Kowala Launches Andromeda, the Alpha Mainnet of Its USD-Pegged Stablecoin

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kowala

Nashville, TN – September 4, 2018 – Kowala, a stablecoin protocol designed to track the value of fiat currencies by robotically minting and burning its coin supply in accordance to user demand, announced the launch of Andromeda, the alpha version of their blockchain mainnet. Following stress testing and debugging of Andromeda, Kowala anticipates the release of its beta mainnet version, Boötes, in Q3 of 2018. With the Boötes mainnet launch, kUSD stablecoin mining will be initiated as will trading of kUSD on cryptocurrency exchanges.

Kowala CEO Eiland Glover said: “Andromeda signals the start of a new era of stablecoins, one in which users won’t have to put their faith in cash and gold reserves, the continuous growth of crypto markets, or, most importantly, the whims of a government, in order to maintain a price-peg. Our decentralised stablecoin solution makes the Kowala protocol the most trustless anti-volatility project on the market and offers unparalleled monetary liberty, especially to those living in inflationary economies.”

KowalaThe Kowala Protocol is a two-token system, and with the launch of Andromeda, the non asset-backed stablecoin project initiates the distribution of the protocol’s first mining tokens, mUSD. While the primary token of the project is a kUSD, the stable-payment token designed to algorithmically track the value of the U.S. dollar, mUSD enables miners to stake nodes in the system and earn block rewards in the form of the stablecoin, kUSD. Proof of ownership of a minimum number of these mCoins (currently 30,000) is a requirement for mining the associated kUSD stablecoin. With this launch, early investors are set to receive their mUSD mining tokens.

The Andromeda launch is the culmination of months of hard work by Kowala’s core team of software developers, and includes a sophisticated smart-contract-based system orchestration, a name proxying system, and lighting-fast block generation and settlement, as well as other system infrastructure that lays the groundwork for the full stability mechanisms and the oracle system to be featured in the upcoming Boötes launch.

“With the distribution of our mCoins, we come even closer to fulfilling the promise of the original Bitcoin whitepaper and creating the infrastructure that this industry needs to go mainstream. Andromeda brings an unprecedented level of decentralisation to the stablecoin class, allowing users of the kUSD to forgo the centralisation problems that have plagued the space for years. Such a system will allow node operators around the globe to have ownership of a money supply mechanism that keeps the stablecoin within its target range around one dollar, without that money supply being locked in a vault controlled by a small handful of c-suite executives,” Glover concluded.

For more information, visit https://www.kowala.tech/.

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.*

Press Releases

Bitzlato Extends Free Withdrawals Until the End of August!

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Bitzlato Free Withdrawals

Users from Africa really liked the free withdrawal campaign and Bitzlato decided to continue it! Trade at 0% escrow fee and get vouchers for a free withdrawal all August on Bitzlato.

What do you need to do?

On Bitzlato P2P you can withdraw your crypto for free with our vouchers for a free withdrawal!

How to get them? Very simple! 

Make at least 1 trade using one of the African local currencies (NGN, KES, ZAR, DZD, EGP, ILS, AOA, BWP) and on the next day, you will find a voucher in your cabinet. 

Trade without commission:

  • Buy and Sell cryptocurrencies at 0% escrow fee.
  • Create buying and selling ad offers at 0% escrow fee.
  • Transfer cryptocurrencies within Bitzlato users for free.

Bitzlato P2PAlso, Bitzlato has disabled the commission for transactions with USD, EUR, as well as more than 60 other currencies! Read more here.

How to use vouchers you can read on Bitzlato blog.

Follow Bitzlato on Twitter, Facebook, Telegram, Instagram, and YouTube to get the latest updates and take part in their giveaways.

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Press Releases

Tokentracker Launches BSC Telegram Wallet Bot

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Tokentracker

Tokentracker just released myBSCbot, a wallet on Telegram that allows you to send and receive BSC tokens easily. It is their goal to do more than help investors control the tokens they invest in. Tokentracker is also making crypto accessible to everyone! As a part of their innovation, they’re bringing you a decentralised wallet on Telegram to encourage mass crypto adoption.

The myBSCbot lives on the Telegram app and allows you to send tokens directly to addresses in or outside Telegram. It eliminates the need to go back to your external wallet apps to make a quick transaction. Anonymity is assured on myBSCbot as your name, tax identification number, or other personal information are not needed to operate your wallet.

Opening your wallet is fast and easy! Just head to https://t.me/mybscbot, and in 30 seconds, your wallet is ready.

We’re giving out 1,000 TTK to the first 10,000 people that sign up and fill the airdrop form at http://bot.ttk.finance/ Hurry, so you don’t miss out.

Benefits Of Using myBSCbot Wallet

1 It is user-friendly: You won’t be asked to go through any technical process to get started. You can sign up at the click of a button and start sending and receiving your cryptocurrencies.

2. It is safe to use: myBSCbot is safe and secure. Their goal is to make the wallet secure and easy to use, even for a 5-year-old.

3. It is easily accessible at no cost: Do you have a smartphone? Of course, you do! Then, you can use myBSCbot— anyone with a working smartphone connected to the internet can use our wallet at no cost—the only fee is a small gas fee paid to miners in BNB.

4. Available at any time: With myBSCbot, you can send and receive cryptocurrencies anytime and everywhere where there is internet coverage. What you need to do is just head to the bot and follow the process.

5. myBSCbot lets you send and receive BNB, TTK, BUSD, and USDT on Telegram, with more tokens coming soon.

PS: Currently, our airdrop program is ongoing, and we are using the opportunity to give 1,000 TTK to the first 10,000 people to sign up for our BSC wallet. Sign up now at http://bot.ttk.finance/, so you don’t miss out.

How To Use myBSCbot?

myBSCbot

We have made it super easy to get your wallet, deposit cryptocurrencies, transfer funds, and check your balance. Just follow the steps outlined below.

  1. Go to https://t.me/myBSCbot
  2. Click on “Sign up”, and immediately your account is auto-created, linking your
  3. Telegram username to a unique BSC Address.
  4. Click on “Main menu” to see options to Topup your wallet with TTK, BNB, BUSD or USDT.

To Deposit

  • Click on “Main menu”
  • Select “Finances”
  • Select “Deposit”
  • Select “Currency”
  • Your BSC Address would be generated for you to Deposit to.

To Transfer

  • Click on “Main menu”
  • Select “Finances”
  • Select “Transfer”
  • Select “Currency”
  • Enter “Receiver Address”
  • Enter “Amount to send” and complete the transaction.

To View Balance

  • Click on “Main menu”
  • Select “Finances”
  • Select “Balance”
  • And the balances of your assets would appear.

Note:

  • To view the list of available shortcuts, Enter “/help,” and you will find all the features you can use on the myBSCbot.
  • You must hold a minimum of 200,000 TTK to transact with myBSCbot.
  • Our wallet only lets you send and receive BNB, BUSD, TTK, and USDT on the Binance Smart Chain. Other BEP20 tokens are currently not supported. To list your token, visit http://bot.ttk.finance/.

Follow Tokentracker updates on:

Twitter: https://twitter.com/TTKfanpage

Instagram: https://www.instagram.com/tokentracker

Telegram: https://t.me/tokentrackerfinance

myBSCbot website: https://bot.ttk.finance

Tokentracker website: https://ttk.finance

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Press Releases

Claim Amazing Prizes As You Bet on Your Favourite Euro 2020 Teams!

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Euro 2020

Can you hear the horns and football fans preparing their songs? Can you feel the anticipation and excitement in the air? Euro 2020 is here! The stage is set, the teams are ready. It’s another time to watch some of the world’s best players battle on the pitch to bring glory to their nations.

Don’t miss your chance to cheer for your national team with an unbelievable bargain: 1xBit presents you EUROMANIA 2020, an online lottery where you can win huge prizes in bitcoin as you back your team to win!

Feel the Winning Euphoria

You have the chance not only to watch the team succeed but also to walk away with fantastic cash rewards. 1xBit’s Euromania 2020 features five draws of prizes happening at each of the Euro 2020 stages: group stage, the eighth final, quarterfinal, semifinal, and final.

At each of the five draws, lucky winners will be rewarded with up to 100 mBTC and other amazing prizes. But that’s not all! There will also be the ultimate draw where you can win the star prize of 1 BTC, free bets, and many other fantastic crypto prizes! Amazing, isn’t it?

The promotion runs until the 11th of July 2021 during which the five draws will take place. Then, the ultimate draw for the star prize comes up on the 13th of July.

Grab your lottery tickets right away by betting on EURO 2020 events on 1xBit. The more you bet, the more lottery tickets you get. And as you grab more lottery tickets, you increase your chances of winning a prize!

About 1xBit

1xBit is an online sportsbook and casino site with thousands of betting options. It provides a safe and convenient platform that makes your betting experience thrilling. Here are some things you enjoy when you bet on 1xBit.

  • Welcome bonus: Sign up and make deposits to enjoy a huge welcome package. You can get up to 7 BTC on your first four deposits!
  • Anonymous platform: No need for submission of names, location, or any other personal data. One-click sign-up process!
  • Multicurrency platform: 30+ cryptocurrencies available for you to bet on. You can also switch any coin of your choice whenever you want.
  • Instant payouts: Enjoy fast withdrawal of your funds. There will be no need for processing times or verification of documents.
  • Large selection of betting markets: 40+ sports with all the popular leagues available for you to bet on. You can place both line or live bets with excellent odds.

Hurry now! Bet on Euro, Win in Crypto!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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