Encryptus and Azadi Records Dive Into the NFT Universe to Develop Innovative Use Cases
Dubai, UAE, Aug. 13, 2022 (GLOBE NEWSWIRE) — Institutional investments in cryptocurrencies are rapidly increasing despite the current adverse bearish pattern that has dominated the global crypto markets in the last months. The past few weeks have seen fairly consistent trading volumes for Encryptus, a transparent and licensed platform for institutional crypto assets.
It is on this premise that Encryptus announces its strategic partnership with the renowned record labelAzadi Records. The alliance will result in the exploration of the NFT ecosystem and the development of innovative use cases, which will give holders exclusive access to premium content, limited edition merchandise, VIP tour tickets and more.
Several financial firms, including Fidelity, are maintaining a long-term perspective and even deciding to increase their investments in and operations surrounding cryptocurrencies.
These Institutions are using various strategies to invest in cryptocurrencies, from adding them to their balance sheets to expanding their brand activities into the metaverse.
NFT is also one of the sectors that institutional investors are continuing to have a lot of faith in after the 2020 NFT boom, especially with the numerous upcoming NFT-specific applications in the metaverse.
Moreso, Shantnoo Saxsena, Encryptus Founder and CEO states; “During the current bearish market, institutional support behind crypto remains strong, and Encryptus is glad to be playing an important role in institutional crypto adoption. It certainly doesn’t hurt that this institutional interest in the crypto market is also working to excite existing investors who were contemplating hastily pulling out of the market.”
Considering how valuable NFTs have become, it is no surprise that Encryptus partnered with Azadi Records, an independent record label keen on providing South Asian artists with a platform to freely express themselves for this extraordinary quest into the world of non-fungible tokens.
Shantnoo further adds, “Our recent partnership with Azadi Records aims to create a use case for the NFT ecosystem in India in a more compliant manner. Our primary focus is compliance and respect for the law of the land.”
“Nayaab.World NFTs and their utilities will unlock new avenues for artist-fans engagement, building a deeper relationship between them.” Mo Joshi and Uday Kapur, founders of Azadi Records.
Notably, Seedhe Maut is an artist affiliated with Azadi Records who is launching its own NFT with a tour across the country, in association with Encryptus and LBank.
This partnership between Encryptus and Azadi Records makes it one of the first Indian music labels to integrate blockchain technology into their operations and also includes the NFT-centric Nayaab.world.

About Azadi Records
Azadi Records is an independent record label changing the culture in the South Asian Music industry while providing a platform for music that questions, subverts, and engages with socio-political issues of our time. Established in 2017, the label has released records that have cut across languages, themes, and regions with one vision intact: never to be silenced.
About Encryptus
Encryptus started out as a crypto advisory company in London back in 2020, and since then got approvals from a couple of countries for buying and selling crypto assets. Encryptus is operated by an experienced team of experts who thoroughly understand the risks, compliances, and opportunities in the crypto space. We have made it our mission to empower licensed financial services companies in crypto adoption!
Follow us on Medium, Twitter and LinkedIn!
Disclaimer : There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. This is not an investment advice. Please do you own research.
Contact Details :
Company Name : Encryptus
Contact name : Abhinav
Email : partners@encryptus.io
Location : Dubai, UAE

Newsroom: socials.submitmypressrelease.com

In this article, we will be taking a look at 10 stocks that will skyrocket. To skip our detailed analysis of cheaply-valued stocks that are set to gain in the future, you can go directly to see the 5 Stocks That Will Skyrocket. With the U.S. stock market plunging into bear territory, investors have typically […]
Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below). Meanwhile, your ability to earn a guaranteed rate of return on risk-free investments, regardless of what happens to inflation, actually went up.
(Bloomberg) — Saudi billionaire Prince Alwaleed Bin Talal invested more than $500 million in Russian firms around the time of Moscow’s invasion of Ukraine, in a sign of the careful political position the Gulf state has maintained with its OPEC+ partner.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetHow the US Toppled the World’s Most Powerful Gold TraderWill Housing Prices Flatten — or Collapse?Ukraine Latest: First UN Wheat Cargo Sets Sail for EthiopiaUS Law
The billionaire and crypto investor was in business with Voyager Digital which went bankrupt early July.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
Profit warnings from Nvidia and Micron have sent a chill through chip stocks, but the long-term opportunity is still intact.
Shareholders in Rocket Lab USA, Inc. ( NASDAQ:RKLB ) may be thrilled to learn that the analysts have just delivered a…
It's been a somewhat hectic August for Rivian . The startup, which is presented as one of Tesla's most serious rivals in the race for electric vehicles, is currently accumulating setbacks. The electric vehicle manufacturer has just announced mixed earnings for the second quarter.
Every investor knows that you can’t look to a stock’s past performance as predictor of future gains. It’s become axiom, even, one of the stock phrases that we all learn about in Econ 101: ‘Past performance does not guarantee future returns’ is common formulation. But that simple phrase, while true, raises a tough question: How should an investor judge a stock? The truth is, past is prologue, not prophet, and investors can profit by taking past performance as one of many factors in evaluating a s
SHANGHAI (Reuters) -China's central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the COVID-hit economy. Economists and analysts said they believe Chinese authorities are keen to support the sluggish economy by allowing a widening policy divergence with other major economies that are raising interest rates aggressively. The People's Bank of China (PBOC) said it was lowering the rate on 400 billion yuan ($59.33 billion) of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points (bps) to 2.75%, from 2.85%.
The stock market offers few certainties, with one exception: Change. For example, General Electric, Cisco Systems, Lucent Technologies, and Nokia, the latter of which would go on to acquire Alcatel-Lucent in 2015, were all among the 10 most-valuable publicly traded companies in 1999. The same fate could await many of today's largest companies — even tech giant Microsoft (NASDAQ: MSFT).
Rogers knows how to survive — and thrive — in turbulent times.
Grantham remains ultra bearish. But this trio may offer some protection.
(Bloomberg) — Oil extended losses at the start of the week as traders weighed concerns about Chinese demand and the prospect for more Iranian supply.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetHow the US Toppled the World’s Most Powerful Gold TraderWill Housing Prices Flatten — or Collapse?Ukraine Latest: First UN Wheat Cargo Sets Sail for EthiopiaUS Lawmakers Visit Taiwan After Pelosi Trip Infuriates ChinaWest Texas Intermediate dropped near $88 a barrel,
Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders will get a “dividend” of two extra shares. The next day, Tesla stock will start trading at the new price—a third of what it used to be.
Many semiconductor stocks slumped this year as investors fretted over concerns about slowing sales of PCs and smartphones, the potential overproduction of chips in response to the global chip shortage, and more conservative enterprise spending in a tougher macro environment. As a result, the Philadelphia Semiconductor Sector index has declined about 24% this year as the S&P 500 retreated just 12%.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Warner Bros. Discovery Inc. recently was downgraded to Sell with a D rating by TheStreet's Quant Ratings.
The analysts covering Veru Inc. ( NASDAQ:VERU ) delivered a dose of negativity to shareholders today, by making a…
In this article, we will be taking a look at 10 healthcare stocks to watch amid Senate’s healthcare bill. To skip our detailed analysis of these stocks and how they will be impacted by the new laws, you can go directly to see the 5 Healthcare Stocks to Watch Amid Senate’s Healthcare Bill. On August 7, […]
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetHow the US Toppled the World’s Most Powerful Gold TraderWill Housing Prices Flatten — or Collapse?Ukraine Latest: First UN Wheat Cargo Sets Sail for EthiopiaUS Lawmakers Visit Taiwan After Pelosi Trip Infuriates ChinaChina’s economic slowdown deepened in July due to a worsening property slump and continue

source

Write A Comment