From DeFi and provide chains to gaming and helium mining, the rewards for and advantages of blockchain adoption are as huge as they’re revolutionary. You in all probability knew that.
However do you know that utilizing Aussie decentralised inexperienced vitality enabler Power Ledger can get you free beer? Delivered?
Stockhead appears at how that works, and takes a look at another uncommon blockchain makes use of at present grabbing headlines.
You may get it flipping land… you may get it buying and selling SAND… you may get it shedding 5 grand in a defi exploit… The mad world of crypto and blockchain has no scarcity of the way to offer you a hard-earned thirst.
Energy Ledger (which works by the token ticker POWR) is aware of this. Possibly that’s why the pioneering Perth-based blockchain firm has teamed up with Victoria Bitter and Diamond Power in a brand new “peer-to-beer” initiative for photo voltaic panel customers and lager lovers.
The scheme known as Solar Exchange and permits contributors to change credit score on Diamond Power energy payments generated from rooftop photo voltaic panels… for slabs of VB.
If there’s a extra Australian use case for blockchain than this, we’re but to listen to about it.
VB, produced by Carlton & United Breweries, was acquired by Asahi Drinks final yr and this programme varieties a part of Asahi’s total sustainability agenda.
Traceability is the place Energy Ledger (ranked 314 on CoinMarketCap) is available in. The corporate’s expertise permits contributors to trace the transactions of photo voltaic vitality on a public blockchain ledger and commerce any extra, unused vitality (of which there’s invariably all the time some) for beer.
Each $1.25 value of vitality generated in extra earns contributors one stubby of VB. As soon as 24 VBs are earned (about $30 value), a case of the beer is delivered to their entrance door, freed from supply cost.
Upon the scheme’s launch, Energy Ledger co-founder Dr Jemma Inexperienced mentioned: “In a rustic that thrives on the beer financial system, we’re excited to be a part of Australia’s first peer-to-beer vitality change scheme.”
Beer, blockchain, solar and renewable vitality… does it get any higher?
A strip membership in Las Vegas, The Loopy Horse 3, will quickly turn into one of many first leisure venues within the US to simply accept Bitcoin utilizing the Lightning Community.
The Lightning Community is a much-lauded, much-needed layer two scaling resolution that sits on prime of the Bitcoin blockchain.
The community can course of transactions and settle funds in a matter of seconds, somewhat than a number of lengthy, tedious, screen-refreshing minutes and even hours. For many who suppose transacting with Bitcoin as a foreign money is a good suggestion, versus HODLing it as a retailer of worth, the Lightning Community is a revelation.
In any case, tremendous quick digital foreign money transactions would appear like a no brainer for leisure that encourages hands-off, audience-based transactional participation.
Stag-do crowds, visiting businessmen and undercover cops alike will have the ability to tip their favorite dancers by way of use of the OpenNode app, having first paid for a “VIP bottle package deal” utilizing Bitcoin.
The world of crypto isn’t any stranger to the grownup leisure trade. For example, Verge, ranked 137 on CoinMarketCap, has been serving as a cost choice on Pornhub since early 2018.
After which there’s C*mRocket – a female-led crypto aiming to disrupt the porn trade and create a fairer marketplace for creators and shoppers. This low-cap asset (490 on CoinMarketCap) had some explosive up-and-down value motion upon its launch in late April, however has since gone limp together with a lot of the remainder of the market.
Items of Picasso
Many, if not most, innovators and buyers within the cryptoverse have robust perception within the burgeoning revolution of tokenised property within the type of NFTs (non-fungible tokens). And we’re not simply speaking pixelated swords and banana skins.
Nearly every thing you may presumably consider might sooner or later be tokenised, and a few of them already are, together with commodities akin to gold and silver, in addition to real estate and wonderful artwork.
Subsequent month, Australia’s first ever in-person exhibition of NFT art will happen in Melbourne, and on this previous week there’s been some huge world information that straddles each crypto and the normal artwork world.
Final Friday, the Swiss digital asset financial institution Sygnum introduced it’s issuing NFTs that characterize fractionalised possession within the 1964 oil-on-canvas Pablo Picasso portray Fillete au béret (pictured above).
It should go stay on the market by the top of July and, in response to Sygnum, marks the primary time possession rights in a Picasso, or any art work, are being positioned on a public blockchain by a regulated financial institution.
buyers will have the ability to purchase and commerce “shares” within the art work known as Artwork Safety Tokens. Transactions shall be dealt with by way of SygnEx, Sygnum’s digital asset buying and selling platform.
Hirst spots 10,000 alternatives
In the meantime, British artist Damien Hirst can be delving additional into the NFT artwork motion, with a brand new venture he calls The Foreign money.
It consists of 10,000 particular person spotty-coloured works on paper he created in 2016, which might be purchased and offered as particular person items.
Hirst’s scheme includes the selection of both holding the paper artworks solely, or having them simply as NFTs, by which case the bodily variations shall be actually burnt, giving the distinctive digital variations their worth.
You could find out extra concerning the venture here.