Over the years, technology has evolved in countless ways to cater to the demands of the community, as well as provide comfort and convenience through its numerous services. For example, sectors like finance rely on the technology referred to as blockchain, most simply established as a decentralized digital ledger where it records and confirms the ownership of certain digital assets. Through its intrinsic design, the recorded data found on a blockchain cannot be modified, making it the perfect technical contrivance for industries like payments, cybersecurity, and healthcare.
Despite blockchain being around for quite some time, debuting in 1991, it was not until the rise of cryptocurrency that it finally gained the attention it deserved. Fast forward to 2021, where the modern world is brimming with more cryptocurrencies and non-fungible tokens, fostering the growth of the digital market, making blockchain technology even more recognized as a result of several companies attempting to join the digital expansion.
As blockchain technology continues to demonstrate its many benefits in the areas of collaboration, organization, identification, credibility, and transparency, more and more businesses are stepping up to deliver the best digital ledger that they could offer the community, including XinFin, a hybrid blockchain platform that was built to streamline the global trade and finance sector through convenient, systematic, and highly decentralized infrastructure solution. Moreover, XinFin is designed with the financial ecosystem in mind. It stipulates a permissioned blockchain that can overhaul tech stack and power for various governments, enterprises, and private firms. What fires up XinFin is its XDC token that can be used for paying transaction fees, innovative contract operations and can also be used to be wagered to take part in XinFin’s validator network and for deploying smart contracts.
XinFin’s goals have made it possible for them to partner up with DIMO, a company established earlier this year that offers comprehensive technology and business solutions that have aided many leading companies and individuals to achieve their goals, most of them being cryptocurrency and NFT projects. DIMO specializes in chain-to-chain migration where clients will no longer be in distress facing high fees and lower TPS. It has also proudly built several outreach programs in the digital industry and offers community growth, enterprise tie-ups, and more despite being recent. DIMO is also looking for project partners in the European, North American, and Asian markets, as they want to expand their bases into these markets.
With both companies being at the forefront of this project, it has become quite the success, with DIMO gas actively developing the community for XinFin and continuing to work on a lot of other projects, including the launch of an exclusive app on the network, acquiring more crypto tie-ups, building a DEX on the XDC chain, introducing more NFT platforms on the growing blockchain, and so much more. Through XinFin and DIMO’s integration, it has become one of the leading and fastest-growing crypto communities.
DIMO has been exceedingly successful in getting the XinFin team’s liquidity to increase by 54% in a mere month – a joint effort by the individuals over at XinFin and DIMO. Furthermore, DIMO has spearheaded several marketing tie-ups for the network, including influencer tie-ups, community growth, and creating and building an open community for XDC. DIMO also got XinFin on a huge billboard in Times Square.
The project aims for all those interested in cryptocurrency and the overall blockchain space, retail and institutional investors, NFT enthusiasts and creators, or people just fascinated by the metaverse.
DIMO has already facilitated the migration of RAKUZA to the XinFin network. RAKUZA is a marketplace specializing in the NFT of anime cell images, which are no longer newly created due to the transition of the Japanese animation industry. RAKUZA makes it possible for you to have “owning rights” to famous and memorable scenes that are now considered valuable cultural assets.
RAKUZA will appropriately manage and store real works of art with appraisals and certifications, and further convert them into digital data (NFTs) using blockchain, thereby solidifying them as objects with real value as an asset and enabling the exchange of this value around the world.
“In order to protect and cultivate Japanese culture for future generations, we must create a new market for anime cels that focuses on enhancing their value as art, while at the same time protecting these works as cultural assets. We must not create another situation where Japanese anime cells are discarded and forgotten the same way ukiyo-e were,” the company said.
In the future, they hope to further expand and develop with the understanding of the copyright holder. By creating NFTs of anime cells and appropriately managing and storing the original artworks, they believe they will be able to protect the rights of all stakeholders, and thereby contribute to the preservation and development of Japanese anime culture as a whole.
“We hope that RAKUZA will lead to the creation of a new economic zone that protects, cultivates, and even enhances the value of Japanese pop culture and the creators who engage in it, so that we can realize this vision for the world and for the future.”