Cryptocurrency
Etherland to Launch Tecra Space Funding Round
[PRESS RELEASE – Auckland, New Zealand, March 14th, 2024]
Etherland will be launching a funding round on the blockchain investment platform Tecra Space on April 9.
This campaign will support the continued development of Etherland’s technology, addressing practical challenges within the global real estate industry. The solutions focus on streamlining processes, improving security, and creating greater efficiency for B2B transactions.
The Tecra Space campaign offers investors the chance to participate in this project with a range of investment tiers. Funds raised will directly fuel the expansion of Etherland’s technology and its real-world applications.
Tecra Space: Community-Focused Fundraising
Etherland’s decision to launch its fundraising campaign on Tecra Space aligns perfectly with the company’s goals. Tecra Space specializes in supporting early-stage blockchain projects. Unlike traditional fundraising models, it allows Etherland to raise capital without sacrificing ownership or control of its technology. This approach resonates with Etherland’s commitment to innovation and desire to maintain autonomy.
“Tecra Space shares our vision for decentralized innovation. Their model allows us to accelerate Etherland’s growth while ensuring our technology remains in the hands of our team and the community it serves,” stated Alexis Brand, the CEO of Etherland.
Here are the features Tecra Space offers for early participants:
- Early Access: Investing early allows users to support cutting-edge blockchain solutions with the potential for growth.
- Community-Driven: Tecra Space encourages a strong investor community, fostering collaboration and knowledge-sharing around promising blockchain projects.
Tecra Space: Participation Tiers and Rewards
The Tecra Space campaign offers a range of participation tiers, each with unique benefits and rewards. These include:
- NFT Investment Certificates: Distinctive INVCERT NFTs granting special community status, investor communication channels, and voting power within Etherland’s DAO.
- Top 15 Rewards: The top 15 contributors receive exclusive NFTs, including those from the “LANDAO” and “Lost Worlds” collections, and the opportunity to mint custom LANDIDs.
- NFT Lottery: All participants are entered into a lottery with the chance to win valuable NFTs, supporting heritage preservation and unlocking potential future benefits.
A step-by-step guide to participating in the Tecra Space fundraising round:
- Starting Out: Interested Users can create a free account on the Tecra Space website.
- Choosing Funding Method: Users can select a preferred way to deposit funds – options typically include bank transfer, PayPal, debit/credit cards, or cryptocurrency.
- Finding the Etherland Campaign: Users browse through active campaigns on Tecra Space and locate the Etherland project page, of which will be live in the near future.
- Exploring the Tiers: Users should carefully review the available investment tiers and their associated rewards to find the best fit.
- Making Contribution: Users are to selected the desired tier, enter the amount, and complete the transaction using the Tecra Space wallet.
Etherland: Disrupting the Real Estate Industry with Blockchain Tech
The global real estate industry faces significant challenges, including slow processes, security vulnerabilities, and limited transparency. Etherland aims to address these issues head-on by leveraging the power of blockchain technology.
Here’s how Etherland’s approach offers tangible solutions:
- Streamlining Transactions: Etherland’s ProApp employs decentralized identifiers, secure document management, and efficient workflows to accelerate the transaction process.
- Bolstering Security: Blockchain’s inherent encryption and distributed ledger system provide superior protection for sensitive real estate data.
- Promoting Transparency: NFTs generate tamper-proof records of ownership and property history, enhancing trust between all parties involved.
- Powering the Ecosystem: The ELAND token plays a crucial role within Etherland’s network, enabling transactions, incentivizing participation, and offering governance rights.
Etherland’s focus on real-world applications of blockchain technology has the potential to streamline operations and create new opportunities within the real estate sector.
Etherland aims to position itself as a virtual real estate market leader.
Beyond B2B: The Estatepedia and Heritage Preservation
Etherland’s ambitions extend beyond revolutionizing business transactions. The Estatepedia is a decentralized, blockchain-based encyclopedia of the world’s iconic landmarks. The Tecra Space funding round will allow the team to improve the technology behind Estatepedia, which relies on NFTs acting as secure digital vaults capable of storing vast amounts of historical data, images, and even 3D models associated with specific locations.
The Estatepedia has the potential to:
- Preserve History: Create immutable records of cultural heritage sites, ensuring their stories endure.
- Foster Global Collaboration: Enable communities worldwide to contribute knowledge and enrich the understanding of their local landmarks.
- Safeguard Knowledge: Protect precious historical information from potential loss or alteration.
- Impressive Track Record: The landmarks Etherland NFT collection has documented some of the most important landmarks on the planet and has a floor price of over ETH 1 ($3,200), with some sales exceeding $10,000.
The Tecra Space campaign is crucial for making the Estatepedia a reality. The development of secure storage, intuitive document management, and interactive community features directly supports this initiative. Tecra Space participants are early backers of a leading web3 real estate venture that champions the global effort to safeguard our shared human history.
About Etherland
Etherland’s blockchain-powered solutions address tangible problems, offering the promise of streamlined processes, greater security, and a more accessible market. The project’s ProApp has already been used to improve the documentation of real estate and landmarks, but now the team is looking to take the next step.
The Tecra Space campaign allows users to join this journey into real-estate innovation and be part of Etherland’s larger vision to preserve cultural heritage through Estatepedia.
To learn more and participate, join the Etherland community via Telegram, Discord, and X.
A dedicated Etherland landing page will be published on Tecra in the coming days, where users can take part in the raise.
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Bitcoin’s evolution has been quite spectacular, especially in terms of global adoption. Recall that the asset was mostly ignored by legacy investors for its initial years, then became the laughing stock of many, before it finally started to capture the attention of previous doubters.
As prominent names like Paul Tudor Jones III, Kevin O’Leary, or even former critic Ray Dalio started to enter the ecosystem, their general advice was that people should look to invest no more than 5% in the cryptocurrency. However, the adoption curve has completed a 180-degree turn, and some financial advisors are now recommending bigger percentages. A lot bigger.
40% in BTC?
As reported by CNBC, Ric Edelman, head of Digital Assets Council of Financial Advisors, noted that a lot has changed since his initial take on the matter, which was four years ago. At the time, he advised investors, especially the more conservative ones, to allocate around 1% of their portfolios to BTC.
“Today I am saying 40%, that’s astonishing. No one has ever said such a thing,” he said now.
The reason for this monumental increase in his recommendation is the global status of Bitcoin (and some other cryptocurrencies). Most were ridiculed several years ago when it was unknown whether countries, such as China, or even the US, might move to ban them in some form. Now, the situation is entirely different as the US and a few others have presented plans on how to accumulate BTC as a reserve asset.
Old-School 60/40 Doesn’t Work
One of the most popular theories for investing is allocating 60% of a portfolio into stocks and 40% into bonds. While this classic split may have worked in the past, the landscape is different now, and it requires more risk and a greater exposure to stocks, according to Edelman.
“If you’re a financial advisor and you had a 30-year-old client who was saving for their long-term future, you would tell them to put 100% of their money in stocks, because they have 50 years to go. Today’s 60-year-old is kind of like yesterday’s 30-year-old. You need to get better returns than you can get from bonds, and you need to hold equities longer than ever before.”
Instead of such solid exposure to stocks, though, he said people should diversify with crypto and BTC in particular, which is a “wonderful way to improve modern portfolio theory statistics.”
“The crypto asset class offers the opportunity for higher returns than you’re likely to get in virtually any other asset class,” Edelman concluded.
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Israel will buy 19.15 BTC and 83 ETH, collectively worth over $2.2 million. But if you think that this is a step toward adopting crypto or that the country is planning to establish an alternative currency reserve – well, think again.
Shai Siboni – a popular Israeli footballer, who’s also a known gambling offender – had his crypto wallet “lost” while he was detained in police custody over two years ago.
Speaking on the matter was a police official, who said:
This is a serious oversight and it is still unclear how the wallet disappeared.
So, to make up for the “oversight,” the state of Israel will purchase a brand new digital wallet, fund it with 19.15 BTC and 83 ETH, and, well, give it back to Siboni.
Siboni Turned into “an Extremely Wealthy Man”
Commenting on the matter was also a senior official, who said that “this wallet was worth about a million shekels about seven years ago. Since then, currency prices have risen dramatically, and the state will pay dearly for the negligence of an elite police unit.”
This is one of the most serious failures we’ve had, and the saddest thing – no one is taking responsibility.”
Siboni, who is a convicted gambling offender has been turned into an “extremely wealthy man,” concluded the official.
A Gambling Offender
To provide a bit of context on the profile of Siboni – he’s considered a major target when it comes to illegal gambling as part of the Lahav 433 Unit’s investiagtions.
During the two World Cups – the one in 2014 in Brazil and the one in 2018 in Russia – Siboni operated illegal betting lines for thousands of gamblers.
Suspicions place his profits to the tune of more than 100 million shekels. These were used to purchase luxury cars, apartments and other assets. The hard truth, however, is that the state had difficulty proving that the money came from criminal activity, so the majority of his property (including the crypto wallet) was returned to him.
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The broader cryptocurrency market remains relatively calm and for the past 24 hours there haven’t been any major movements.
Bitcoin continues trading in a more or less narrow range between $106,000 and $108,000, begging the question if this is the calm before the storm and if a major move is just around the corner.
Bitcoin Price Consolidates at $107K
Bitcoin’s price didn’t go through any major moves during the past day and continues consolidating at around $107,000.
The absence of volatility is also seen in the level of liquidations, which has declined by 4% on the daily, currently standing at around $200 million, according to Coinglass. The majority of them are short positions, meaning that the bulls are defending this area successfully, at least so far.
As seen in the chart below, the price has managed to recover from the losses endured last weekend following the US strike of strategic Iranian nuclear bases.
That said, as CryptoPotato reported, the number of larger wallets, holding 10 BTC or more, hit 152,280, which is the highest since March. This signals that deep-pocketed investors show a lot of confidence and might be positioning themselves for an incoming rally.
Altcoins Trend Flat but Leaning Bullish
The majority of large-cap altcoins are trading in the green. They are not charting any significant gains, but the heatmap is obviously leaning bullish.
Notably, Ripple’s XRP is charting gains of more than 4% on the day, being the best-performing altcoin from the top 10 by means of total market capitalization.
Bitcoin’s market dominance is down by around 0.5% in the past 24 hours, which shows that the altcoins are attempting to capitalize on its flat trend. It’s interesting to see if this will continue.
The best performer today is Quant (QNT), which is up 6.5%, followed by SPX6900 and Jupiter (JUP), both of which are up by 5.3% and 4.8%, respectively.
On the other hand, Aptos, Pi Network, and SEI are today’s worst performers, down by 7.7%, 3.8%, and 3.6%.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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