Mastercard has recently announced the names of the inaugural artists participating in their Artist Accelerator program on Polygon. This program aims to prepare five emerging artists with the tools, skills, and access to forge their paths in the digital economy by harnessing Web3 and blockchain technologies. The program offers resources, know-how, and access to help artists carve out their careers in the digital music industry, empowering them in their transition from web2 to web3.
COVOLP’s TVL Surges 235% in Polygon (MATIC) Ecosystem
Covo Finance is a decentralized exchange and liquidity pool built on the Polygon network. It offers users the option to leverage trade up to 50X and is designed to minimize the risks associated with leverage trading. Covo Finance’s innovative liquidity pool, COVOLP, enables users to trade cryptocurrencies directly from their wallets without needing custodial services, which means that users keep custody of their assets at all times.
The COVOLP liquidity pool on the Polygon network has seen a significant surge in Total Value Locked (TVL) over the past week. The COVOLP pool’s TVL has surged by 235%, making it one of the biggest gainers among the Polygon DeFi ecosystem pools this week. This surge in TVL indicates growing interest and demand for COVOLP, a liquidity pool designed for swaps and leverage trading on the Polygon network.
COVOLP is an index of assets used for swaps and leverages trading. It can be minted using any index asset and burnt to redeem any index asset. The price for minting and redemption is calculated based on the total worth of assets in the index, including profits and losses of open positions, divided by the COVOLP supply. Holders of the COVOLP token earn Escrowed COVO rewards and 70% of platform fees distributed in MATIC.
COVO Token Gains 80% This Week on UNISWAP (Polygon)
The integration of Covo Finance into the Polygon network has made it a popular choice among DeFi traders and investors. The surge in the value of the COVO token demonstrates the growth potential of decentralized finance on the Polygon network. The future of COVOLP and Covo Finance looks bright, and the platform is well-positioned to capitalize on the growing interest and demand for DeFi solutions on the Polygon network.
Mastercard Launches Launches Artist Accelerator Program on Polygon (MATIC)
The Mastercard Artist Accelerator is a first-of-its-kind curriculum that will teach artists and fans how to build and own their brands. The program is designed to provide artists with the tools and resources they need to succeed in the digital music industry by leveraging various Web3 platforms and services. The program offers educational materials and one-on-one mentor sessions to help artists harness Web3 tools. Music tracks produced through the accelerator will be performed live by the artists in a unique showcase and redeemable as NFTs.
The inaugural artists who will participate in the program have been named. They include Manu Manzo, a Latin pop artist from Venezuela nominated for “Best New Artist” at the 2015 Latin GRAMMY Awards, and Young Athena, an R&B soul singer and BRIT School alumna who describes her sound as female empowerment music from whom everybody can learn something. The other three artists will be named ahead of the Mastercard Music Pass drop.
As the music industry continues to evolve, there is a growing demand for artists who can navigate the digital landscape and understand how to monetize their content. The Mastercard Artist Accelerator aims to bridge this gap by providing artists with the necessary knowledge and skills to succeed in the digital music industry. The program empowers artists to transition from traditional music industry models to the new digital music industry by providing them with the necessary tools and resources.
To build the accelerator’s Web3 platform, Mastercard is leveraging the technology of leading blockchain development company Polygon. This partnership demonstrates the potential of blockchain technology to transform the music industry and create new opportunities for emerging artists. The platform’s Web3 infrastructure will enable artists and fans to mint NFTs on the blockchain and represent themselves in virtual worlds.
In Mid-April, fans can participate in the Mastercard Artist Accelerator program by minting the limited-edition Mastercard Music Pass. This NFT will allow fans to engage with the artists in new and innovative ways and support them in their journey to success in the digital music industry.
The Mastercard Artist Accelerator program is an innovative development program that harnesses Web3 and blockchain technologies to prepare emerging artists with the tools, skills, and access they need to forge their paths in the digital economy. The program empowers artists to transition from traditional music industry models to the new digital music industry by providing them with the necessary knowledge and skills to succeed. The program is a step forward in creating a more equitable and inclusive music industry that empowers emerging artists to achieve their dreams.
The post Mastercard Names Inaugural Artists For Web3 Accelerator on Polygon (MATIC), COVOLP TVL Surges 235% appeared first on Analytics Insight.
Mastercard has recently announced the names of the inaugural artists participating in their Artist Accelerator program on Polygon. This program aims to prepare five emerging artists with the tools, skills, and access to forge their paths in the digital economy by harnessing Web3 and blockchain technologies. The program offers resources, know-how, and access to help artists carve out their careers in the digital music industry, empowering them in their transition from web2 to web3.
COVOLP’s TVL Surges 235% in Polygon (MATIC) Ecosystem
Covo Finance is a decentralized exchange and liquidity pool built on the Polygon network. It offers users the option to leverage trade up to 50X and is designed to minimize the risks associated with leverage trading. Covo Finance’s innovative liquidity pool, COVOLP, enables users to trade cryptocurrencies directly from their wallets without needing custodial services, which means that users keep custody of their assets at all times.
The COVOLP liquidity pool on the Polygon network has seen a significant surge in Total Value Locked (TVL) over the past week. The COVOLP pool’s TVL has surged by 235%, making it one of the biggest gainers among the Polygon DeFi ecosystem pools this week. This surge in TVL indicates growing interest and demand for COVOLP, a liquidity pool designed for swaps and leverage trading on the Polygon network.
COVOLP is an index of assets used for swaps and leverages trading. It can be minted using any index asset and burnt to redeem any index asset. The price for minting and redemption is calculated based on the total worth of assets in the index, including profits and losses of open positions, divided by the COVOLP supply. Holders of the COVOLP token earn Escrowed COVO rewards and 70% of platform fees distributed in MATIC.
COVO Token Gains 80% This Week on UNISWAP (Polygon)
The integration of Covo Finance into the Polygon network has made it a popular choice among DeFi traders and investors. The surge in the value of the COVO token demonstrates the growth potential of decentralized finance on the Polygon network. The future of COVOLP and Covo Finance looks bright, and the platform is well-positioned to capitalize on the growing interest and demand for DeFi solutions on the Polygon network.
Mastercard Launches Launches Artist Accelerator Program on Polygon (MATIC)
The Mastercard Artist Accelerator is a first-of-its-kind curriculum that will teach artists and fans how to build and own their brands. The program is designed to provide artists with the tools and resources they need to succeed in the digital music industry by leveraging various Web3 platforms and services. The program offers educational materials and one-on-one mentor sessions to help artists harness Web3 tools. Music tracks produced through the accelerator will be performed live by the artists in a unique showcase and redeemable as NFTs.
The inaugural artists who will participate in the program have been named. They include Manu Manzo, a Latin pop artist from Venezuela nominated for “Best New Artist” at the 2015 Latin GRAMMY Awards, and Young Athena, an R&B soul singer and BRIT School alumna who describes her sound as female empowerment music from whom everybody can learn something. The other three artists will be named ahead of the Mastercard Music Pass drop.
As the music industry continues to evolve, there is a growing demand for artists who can navigate the digital landscape and understand how to monetize their content. The Mastercard Artist Accelerator aims to bridge this gap by providing artists with the necessary knowledge and skills to succeed in the digital music industry. The program empowers artists to transition from traditional music industry models to the new digital music industry by providing them with the necessary tools and resources.
To build the accelerator’s Web3 platform, Mastercard is leveraging the technology of leading blockchain development company Polygon. This partnership demonstrates the potential of blockchain technology to transform the music industry and create new opportunities for emerging artists. The platform’s Web3 infrastructure will enable artists and fans to mint NFTs on the blockchain and represent themselves in virtual worlds.
In Mid-April, fans can participate in the Mastercard Artist Accelerator program by minting the limited-edition Mastercard Music Pass. This NFT will allow fans to engage with the artists in new and innovative ways and support them in their journey to success in the digital music industry.
The Mastercard Artist Accelerator program is an innovative development program that harnesses Web3 and blockchain technologies to prepare emerging artists with the tools, skills, and access they need to forge their paths in the digital economy. The program empowers artists to transition from traditional music industry models to the new digital music industry by providing them with the necessary knowledge and skills to succeed. The program is a step forward in creating a more equitable and inclusive music industry that empowers emerging artists to achieve their dreams.
The post Mastercard Names Inaugural Artists For Web3 Accelerator on Polygon (MATIC), COVOLP TVL Surges 235% appeared first on Analytics Insight.