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Piqsol Inc. Announces The World’s First Fractional NFT Marketplace for Solana, Disrupting a $40 Billion Dollar Industry

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Piqsol Inc. Announces The World’s First Fractional NFT Marketplace for Solana, Disrupting a $40 Billion Dollar Industry

Piqsol Inc. Announces The World’s First Fractional NFT Marketplace for Solana, Disrupting a $40 Billion Dollar Industry

Tech Mogul Priven Reddy is on a mission to make high-value NFT digital asset ownership accessible to the masses with fractional NFT trades and zero-fee lazy minting.

DELAWARE, USA —In a major three-part announcement, Piqsol Inc. shares that the world’s first fractional NFT marketplace on Solana will go live on April 29, 2022. This groundbreaking marketplace democratizes NFT ownership – making high-value NFTs within reach for hundreds of millions of lower-income and middle-class consumers worldwide, on a simple to use web based platform. Second, the Piqsol utility token will enable individuals to join the Piqsol Decentralized Autonomous Organization (DAO). Third, Piqsol plans to drop an exclusive 5,000 piece NFT collection on May 10, 2022. Individuals can learn more and join the exclusive beta at http://piqsol.com.

“The Piqsol project will revolutionize the NFT industry and create NFT adoption for the masses. It not only reduces the cost of purchasing digital assets, Piqsol makes it incredibly quick and simple for one to mint and trade an NFT,” explains tech mogul and founder and CEO of Piqsol, Priven Reddy.

Key Piqsol Marketplace and token features include:

  • NFT and Fractionalized NFT Marketplace

  • Lazy minting – (Minting without gas fees until the asset sells)

  • Audio, video and image-based NFT fractionalization

  • Copyright documentation – (The seller assigns ownership rights)

  • On-chain messaging – (The ability to message other NFT holders to make offers)

  • Provenance – (Origin and record of ownership)

  • Monthly revenue-sharing for the Piqsol NFT Collection holders and Piqsol token staking

Making the NFT minting process super simple, a user has only to type a title, description, determine the number of pieces, and link to their social platforms–essentially minting an NFT in as little as 60 seconds.

According to DappRadar, NFT trading volume in the third quarter of 2021 hit over $10 billion. High profile celebrities are hastening to build their NFT portfolios. Justin Bieber, Kevin Hart, Paris Hilton, Serena Williams, Jay-Z, Madonna and many others, have purchased individual NFTs valued as high as 1.5 million dollars. As further proof that NFTs are gaining in popularity, in December 2021, “The Merge” NFT by Pak–sold for $91.8 million–the highest priced NFT to date.

Piqsol’s first NFT collection– a collector’s edition trading card, will give holders early access to events, as well as the ability to earn monthly revenue-sharing on the Piqsol platform indefinitely.

In an increasingly online world where digital assets will soon become as common as physical assets, Piqsol founder Priven Reddy believes we have an obligation to ensure the new digital world is inclusive —just as access to the internet became a necessity.

Piqsol’s mission is to make it possible for several parties to own a tokenized asset. The owner of the NFT can seamlessly distribute parts of their assets in tokens, according to their contributions–thereby democratizing ownership and helping to ensure that tomorrow’s metaverses are inclusive.

About Piqsol Inc.

Piqsol Inc. is a global technology firm that provides an easy-to-use fractional NFT marketplace on the Solana blockchain. Founded by tech mogul, Priven Reddy, Piqsol is led by an international team of experts with over 17 years of experience developing software, mobile applications and blockchain solutions. Piqsol allows individuals to mint, buy, sell and assign copyright to fractionalized NFTs. Piqsol also offers a multichain minting network and NFT authenticity service via a highly acclaimed third party. The Piqsol utility token, PIQSOL, is available for sale April 15, 2022. Piqsol is currently incorporated in Delaware-USA, London-UK, and is currently acquiring a virtual asset license in the Middle East, as well as establishing NFT tech hubs across Africa in the coming months. To learn more, visit www.piqsol.com.
For media inquiries, contact Anita S. Lane via phone/text: +1.310.824.3193 or via email: [email protected]

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Priven Reddy – Bio

Priven Reddy is a millennial tech mogul on a mission to build platforms and services that democratize physical and digital asset ownership opportunities for people worldwide. A South African native, Reddy is a self-made billionaire and founder of numerous technology enterprises, including: WESENDER, a peer-to-peer file sharing application, which was sold to an American VC for $100 Million in 2020; PEERCASH, a peer-to-peer cash remittance network; Dryvar, a transportation and fulfillment network technology company; EON Aerospace, a U.S. based company developing the next generation of supersonic passenger jets in the legacy of Concorde; Kagiso Interactive Media – Africa’s leading mobile app developer; and his newest venture, Piqsol Inc. – the world’s first fractional NFT marketplace on the Solana blockchain.

Reddy has evolved far from his humble beginnings as a young boy who ventured into entrepreneurship by selling cardboard boxes to a recycler in his childhood town of Chatsworth. He eventually worked as a waiter and later, a car guard before learning to code. Today, Reddy is based in Dubai, where he is leading the development of numerous disruptive technologies in the blockchain, Web3, NFT and metaverse space. Reddy is also involved in social upliftment initiatives to create education and employment opportunities for underprivileged youth in Africa and other parts of the world.





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Solana (SOL) Shows Second Worst Weekly Performance Among Top 100

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Solana’s SOL token ends this not-so-pleasant week for the blockchain at 9.93% cheaper than its initial values. This result puts SOL second from the end in the list of the top 100 cryptocurrencies by weekly performance by CoinMarketCap.

It is likely that such negative price action of SOL was aggravated by the situation with the hacking of wallets on the blockchain. As soon as the news of the hacking of Solana wallets became known, SOL dropped by 9%. At the same time, Solana still ranks ninth in the top cryptocurrencies by market capitalization with an estimated value of all circulating SOL tokens at $13.86 billion.

Solana’s good and bad PR

All week there were various speculations about what and how, when at last the version that the Slope application was to blame was presented. As it turned out, Slope was storing the seed phrases from wallets on centralized servers. The head of Solana Labs, Andrei Yakovenko, commenting on the situation said that any user who at least once imported their seed phrase into Slope could consider it compromised.

Sam Bankman-Fried, founder of FTX and one of the most prominent figures in the crypto market at the moment, also expressed his support for the project. According to the entrepreneur, because of bad PR Solana is the most undervalued project right now, and the SOL token is the most undervalued digital asset. He also said that any other project would break down the same way if it tried to do what Solana does.

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At the same time, it would be wrong not to notice that Sam Bankman-Fried with his FTX and Alameda are directly affiliated with Solana, and the entrepreneur’s comments should be taken from that perspective.



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Solana Technical Analysis Report | 4th-AUG-2022

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SOL, the native token of the Solana network, is a popular asset with a market capitalization of $13.6 bn. The asset dipped under the 20-day EMA ($40) this Tuesday and fell to the 50-day SMA ($37) yesterday. The reason for this dip might be due to the negative publicity it got over the $8 Million […]
The post Solana Technical Analysis Report | 4th-AUG-2022 appeared first on ZebPay.

SOL, the native token of the Solana network, is a popular asset with a market capitalization of $13.6 bn. The asset dipped under the 20-day EMA ($40) this Tuesday and fell to the 50-day SMA ($37) yesterday. The reason for this dip might be due to the negative publicity it got over the $8 Million user fund having been taken out by unknown hackers from the Solana-based hot-wallets which included TrustWallet, Phantom, and Slope. This made the Solana ecosystem the biggest victim of the crypto asset hack. 

Read more: Solana Ecosystem Under Attack

At the time of writing, SOL was trading at $39.7.

Solana (SOL) Chart | 4th August 2022
Solana (SOL) Chart

SOL made a ‘Shooting Star’ (Bearish) candle on 2nd April at $143 and plunged by almost 81% within three months making the low of $25.86. Post this move, the asset made a ‘Tweezer Bottom’ pattern at the low and rallied up to $47.36. Currently, on a daily time frame, SOL is trading in a ‘Symmetrical Triangle’ pattern where the ascending trendline acts as a support and the descending trendline acts as a strong resistance. Breakouts on either side of the pattern with good volumes will further decide the trend for the asset.

Support 2 Support 1 Asset Resistance 1 Resistance 2
$25 $32 SOL $48 $60

Disclaimer: This report is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation, or needs of any investor. All investors should consider such factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate. The Company has prepared this report based on information available to it, including information derived from public sources that have not been independently verified. No representation or warranty, express or implied, is provided in relation to the fairness, accuracy, correctness, completeness, or reliability of the information, opinions, or conclusions expressed herein. This report is preliminary and subject to change; the Company undertakes no obligation to update or revise the reports to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Trading & Investments in crypto assets viz. Bitcoin, Bitcoin Cash, Ethereum, etc are very speculative and are subject to market risks. The analysis by the Author is for informational purposes only and should not be treated as investment advice.

The post Solana Technical Analysis Report | 4th-AUG-2022 appeared first on ZebPay.





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Solana holdings on Phantom, Slope, and Trust wallets compromised

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The Solana ecosystem appears to have suffered a close to $ 6 million hack, wiping off Solana tokens ( SOL) on a few hot wallets on Tuesday evening. The details about the hacker remain unknown as of today. The hack has occurred on Phantom, Slope, and Trust wallets wiping off the assets of close to […]
The post Solana holdings on Phantom, Slope, and Trust wallets compromised appeared first on ZebPay.

The Solana ecosystem appears to have suffered a close to $ 6 million hack, wiping off Solana tokens ( SOL) on a few hot wallets on Tuesday evening. The details about the hacker remain unknown as of today. The hack has occurred on Phantom, Slope, and Trust wallets wiping off the assets of close to 8000 accounts as per Blockchain auditor Otter Sec. While users pointed out that the hack has occurred on Phantom wallets, the company has denied the claim quoting “We are working closely with other teams to get to the bottom of a reported vulnerability in the Solana ecosystem. At this time, the team does not believe this is a Phantom-specific issue” via a Twitter post. 

Solana Under attack report

Slope said that they are currently working with Solana labs to rectify this issue and get to the exact root cause of the compromise via a Twitter post.

Slope Finance Solana News

The hack could have occurred as a result of exposing private keys to a browser extension leading to a potential compromise as per reports.

Otter Sec has posted images on Twitter showing the hot wallets being compromised. Hot wallets are Crypto wallets connected to the internet at all times, these are different from exchange wallets. The attacker was able to sign and initiate transfers on behalf of users suggesting a private key compromise. 

Solana is currently the 9th largest Crypto asset with a market capitalization of $ 13 billion. At the time of writing, Solana has dropped by roughly 3.85% in the last 24 hours as per Coinmarket Cap. 

How to keep your holdings safe

Wallet Security:

Always ensure that your wallets are secure and never share your private keys with anyone. 

Beware of Scamsters:

ZebPay never asks users to share any information via email, phone, or Social Media. Beware of impersonators who pretend to represent the company. There may be no recourse from loss in such transactions.

Free money scams:

Never give into scams that promise to multiply your wealth. No market assets can promise assured returns, and it’s important to note that there is a risk associated with Cryptos which are subject to market conditions.

While this hack has occurred on hot wallets, holders of Solana on Crypto Exchanges don’t need to worry about this. Your holdings are safe on your Zebpay wallet. At Zebpay customer asset safety is our top priority and we consistently strive to make Crypto trading experiences better for you.

The post Solana holdings on Phantom, Slope, and Trust wallets compromised appeared first on ZebPay.





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