GoDaddy has added Ethereum Name Service to its selection of DNS service. Meanwhile, Vechain has announced a strategic partnership with XCMG Group to reduce the carbon footprint in the construction sector.
In other news, KangaMoon’s cryptocurrency ICO is starting to pick up, attracting attention from investors and crypto enthusiasts who are ready to be part of this new meme coin project.
GoDaddy Adds Ethereum Name Service To Irmrs DNS Services
GoDaddy has expanded its Domain Name System (DNS) offerings to include Ethereum Name Service (ENS). This is part of its plan to integrate ENS’s blockchain-based DNS capabilities to enhance interoperability with traditional DNS services.
This integration allows GoDaddy customers to link their Ethereum addresses with existing domain names. Consequently, this will promote smoother interactions between different applications within the Web3 ecosystem.
In addition, GoDaddy has added that they would not charge extra for adopting ENS. The process promises to be straightforward, eliminate the need for technical skills and promote a user-friendly experience.
The good news is that this domain name can replace the Ethereum (ETH) address in various Web3 applications. Some of them include block explorers, wallets, and NFT marketplaces.
VeChain (VET) To Help Reduce the Carbon Footprint in the Construction Industry
VeChain (VET) has partnered with XCMG Group to transform carbon footprint management in the construction sector. It will foster more sustainable and low-carbon operations in the industry.
This collaboration signifies the commitment of the VeChain network to sustainability. It builds on its previous plans to foster sustainability in the energy sector.
Meanwhile, VeChain’s native token, VET, is showing mixed sentiment on the price chart. According to CoinMarketCap, the price of DeFi cryptocurrency has dropped 2.9% and 6.0% on the 7-day and 30-day timeframes, respectively.
Yet, it is bullish on the 14-day and 360-day timeframes, with gains of 10.5% and 17.3%. The DeFi cryptocurrency currently fluctuates between $0.02743 and $0.02931, above the 200-day SMA ($0.022377). Analysts have predicted a potential rise to $ 0.079921 in the coming months.
KangaMoon (KANG) Generates Massive Buzz
KangaMoon (KANG) blockchain ICO has captured the interest of analysts and investors in the crypto space. Its native token, KANG, is currently gearing up for its presale at an opening price of $0.005. Market analysts are forecasting an impressive 50x surge in its price, thanks to its strong connection to the play-to-earn NFT game market.
Valued at $329 million in 2022 by Yahoo Finance, this sector shows immense potential for further expansion. At its core, KangaMoon is building a platform that will merge Social-Fi and Play-to-Earn (P2E) elements. The aim is to deliver a rewarding and engaging experience for its community.
With a focus on meme culture, KangaMoon is building a vibrant community. Here, meme coinlovers can engage in tournaments and competitions, earning prizes and incentives along the way. Those who prefer a different kind of involvement can bet on other players and share in the winnings.
In addition, the platform is also designed to reward KANG token holders. It offers them a variety of challenges where they can earn additional tokens and in-game rewards. So, you know, these assets are not just for show; they can be sold or traded on the KangaMoon marketplace.
This makes the game a profitable project. Another interesting thing about KangaMoon is its tokenomics. With a total supply capped at 1 billion tokens, it stands out in a field where many projects have supplies reaching into the trillions. Currently, 60% of these tokens are up for grabs in the blockchain ICO phase. This is an opportunity for early backers to join an innovative project.
KangaMoon’s cryptocurrency ICO has caught the attention of traders and investors in the crypto space. The meme coin aims to compete with top giants like Ethereum and Vechain in the coming years for the top 20 spot.
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