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What’s happening at LandX this week?
🏛️ Real World Asset Institutional Adoption
Real world assets (RWA) are gaining popularity among major financial service firms and large brands as they seek greater efficiency in their transactions according to a recent Coindesk article. Several banks and companies have recently embraced tokenization, with notable examples including JPMorgan's execution of the first live trade using tokenized currencies and the launch of digital funds by asset manager WisdomTree.
By leveraging blockchain technology, companies can streamline processes, reduce paperwork, and offer new investment opportunities to a broader range of participants. LandX shares this vision for efficient digital assets that utilise blockchains. Our range of agricultural commodity vaults provides a new and exciting subsector to the DeFi ecosystem.
🌱 LandX Seeds Program Week 1
The LandX Seeds program got off to a great start creating community incentives and opportunities.
By completing various tasks on social media platforms like Zealy, Discord and Twitter farmers can earn seeds, which can be exchanged for exclusive rewards. These rewards range from Discord roles and swag to tokens in the LandX ecosystem. Earning events include playing games, attending AMAs, helping other community members, spreading the word on social media, creating resources, and participating in scavenger hunts.
The SeedsMaster bot in Discord allows members to track their progress, seed balance, and leaderboard standings. Additionally, there will be a Zealy Sprint event where users can complete quests and earn bonus seeds, with top finishers receiving special recognition. The Seeds program aims to show appreciation to early supporters and engage the community through active participation and rewards.
Learn more about LandX Seeds here: https://blog.landx.fi/gamers-earn-gold-pieces-farmers-earn-seeds-it-just-makes-sense-7009cdb06dab
📺 LandX on YouTube
Subscribe to our YouTube channel to see tutorials and content from the team.
Here is a demo on how to purchase xTokens
🌊 Black Sea Deal
The Black Sea Deal is set to expire in July, with no agreements in place to extend it currently, which could have a big impact on agricultural commodity prices.
Negotiations are at stalemate due to dissatisfaction with the agreement's terms. Russia claims that the deal does not adequately address their food and fertilizer shipping difficulties, but the West is not receptive to this claim. The US Ambassador to the UN stated that Russia is exporting grain and fertilizer at pre-invasion levels or even higher. July is a critical time for harvests in Ukraine, and Russia is aware of this, potentially using it as leverage in negotiations. The West is reluctant to grant Russia's terms, raising concerns about a potential global food crisis and skyrocketing food and fertilizer prices.
Read the full thread at: https://twitter.com/landxfinance/status/1662965482352443393
Learn more about how LandX can help you diversify your portfolio with inflation hedged assets that offer yield based on real world production
Website & App: https://landx.fi
Twitter: https://twitter.com/landxfinance
Discord: https://discord.gg/landx
Medium: https://medium.com/landx
Telegram: https://t.me/landxfinance
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