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Dvision Network Has Officially Announced the First LAND Sale in Collaboration With Binance NFT and NFTb on 24th November

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Dvision Network Has Officially Announced the First LAND Sale in Collaboration With Binance NFT and NFTb on 24th November

press release

PRESS RELEASE. Dvision has recently announced that it will be conducting the LAND sale for its digital estate that will be used in the Dvision Metaverse through tripartite cooperation with Binance NFT and NFTb, allowing its users to participate in the sale on three platforms with different sale structures.

Dvision has revealed, that it will be offering 1,452 NFT Mystery Boxes through Binance NFT exclusively for Binance.com users. As the name suggests itself, the mystery box contains a random LAND NFT from the total LAND collection offered by Dvision. The users will be able to purchase the Mystery Box under a specified price with a probability to drop a common 1×1 LAND Lot or even a legendary 3×3 LAND Lot NFT.

Furthermore, 1,495 LAND Boxes shall also be offered through an Initial NFT Offering (INO) on NFTb, where users can participate in highly sought after NFT drops by Metaverse projects such as Dvision and other NFT drops from celebrities and creators and games. It should be noted, that both on Binance NFT and NFTb, BUSD is going to be the main currency to make the NFT purchases. Lastly, 1,469 LAND Lots are being offered in Dvision’s Marketplace, where users can purchase a specified piece of LAND Lot using DVI tokens. Additional information will be provided later on once the countdown on the website eventually reaches its logical conclusion on November 24th, 2021. The LAND Sale is is expected to be the largest sale of Digital Estate on the Binance Smart Chain.

What is Dvision?

Dvision Network can be defined as a multichain metaverse platform that is officially built on top of Ethereum Network and further bridged to BSC (Binance Smart Chain). It is powered by DVI, the platform’s native token that provides utility as well as governance token throughout all platform pillars. Dvision is thus divided into three primary platform pillars, namely Meta-City, Meta-Space, and finally NFT Marketplace.

Users can use LANDs (Meta-Space) in the metaverse to create their own respective content, which will subsequently be incorporated as an integral component of the Meta-City. In this case, user-created material is not restricted and may even be offered in varying forms such as that of commercial, gaming, entertainment as well as academic in-game content.

The Final Countdown

Dvision Network’s official site is now displaying the countdown to the LAND Sale, that will end at 8 PM KST on 24th November. The LAND Sale is being held for two Meta-Cities which will be launched in the Dvision Metaverse. These Meta-Cities are tentatively named as New York and Seoul.

Furthermore, the LAND symbolizes the digital ownership and custody pertaining to the Meta-Space through users registered as NFT (BEP-721 on BSC). It is also a valuable asset for creating personalized virtual estate inside the Dvision Metaverse.

Dvision has additionally produced the LAND Sale Teaser, which highlights the three-way collaboration between Binance NFT, Dvision, and NFTb. This partnership was formed with the goal of everyone involved ultimately benefiting from the collaboration and the trailer thus depicts the inauguration of the New York Meta-City.

The LAND Concept in Dvision Metaverse

As mentioned in their official disclosure, Dvision World, which is the current state of the developed product of Dvision Network, has never been planned to become an ending point for their metaverse. The release of the Dvision World serves as the main piece that was purported to bring together all different Meta-Cities through this universe, which is used to teleport to specific Meta-City. Hence, Dvision World is just the beginning that has set the commencement for the opening of 20 Meta-Cities, which will be owned by the users through the LAND (Meta-Space) ownership system.

Unlike other metaverses, Dvision has introduced sustainable and interesting LAND allocation structure, which states that LAND lots in each Meta-City are distributed according to 40/40/20 system, where 40% is allocated for their Play-To-Earn model that allows users to engage in the combat mode to contribute to the LAND Purification process and earn DVI tokens, and 40% is allocated for the LAND Sale and remaining 20% is owned by the management for their brand-specific content introduction and per partner allocation.

Apparently, this ongoing LAND Sale will commence the first phase of the metaverse revolution that is being initiated by Dvision Network.

+ Dvision Network official channels


Website | Telegram| Twitter | LinkedIn| Naver Blog| Kakao


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’

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Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’

El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib Bukele’s decision is questionable.

Salvadoran ecologist Ricardo Navarro Questions His Country’s Volcano-Powered Bitcoin City Venture

During the second week of June, El Salvador’s president Nayib Bukele told the public that the Latin American country planned to mine bitcoin (BTC) with energy stemming from volcanoes located in the country. At the end of September, Bukele shared a video of the initial construction of the Salvadoran volcano-powered bitcoin mining facility. Now the president and his government have been criticized by El Salvador’s leading ecologist Ricardo Navarro.

Salvadoran Ecologist Claims Nayib Bukele's Volcano-Powered Bitcoin Mine Will 'End in Environmental Disaster'
El Salvador’s leading ecologist Ricardo Navarro, an environmentalist who believes Salvadoran president Nayib Bukele’s recent bitcoin concepts are questionable.

The Salvadoran ecologist explained to Telegraph contributor Simeon Tegel that developing a ‘Bitcoin City’ next to a volcano doesn’t make sense. “Talking about building this city beside a volcano is like thinking you are rich because you live next to a bank,” Navarro said. Navarro also detailed that geothermal energy is still a costly endeavor and won’t be much better than using petroleum sources. Navarro insists:

​​Geothermal still costs more than oil, otherwise we would already be using more of it. What will end up happening is that we will just be buying more oil.

Navarro Insists ‘Bukele Doesn’t Really Understand What Is Going on With the Energy Situation’

Navarro is concerned about the consequences of the world’s so-called climate crisis. The ecologist runs a non-governmental organization CESTA (Salvadoran Center for Appropriate Technology) and he recently discussed the subject with Politico’s contributing author, Bjarke Smith-Meyer, on November 10.

Salvadoran Ecologist Claims Nayib Bukele's Volcano-Powered Bitcoin Mine Will 'End in Environmental Disaster'
An aerial view of the volcano-powered bitcoin mining facility located in El Salvador.

At that time, Navarro dismissed the volcano-powered bitcoin mining facility idea as he wholeheartedly believes the facility will require more energy resources than just geothermal power. “I am under the impression that Bukele doesn’t really understand what is going on [with] the energy situation,” Navarro told the reporter. “That is certainly going to complicate… demand.”

Navarro also claims that the digital currency environment in El Salvador could attract drug lords. The Salvadoran ecologist says that the bitcoin tender law was rushed and implemented without debate. “If you have something good to promote, you propose it, you discuss it, and then you put your arguments. But that was not the case with bitcoin,” Navarro stressed to Smith-Meyer.

What do you think about the Salvadoran ecologist’s opinion concerning the volcano-powered bitcoin mining facility in El Salvador? Let us know what you think about this subject in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Popular BTM Operator Bitcoin of America Wins Silver in 11th Annual Best in Biz Awards

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Popular BTM Operator Bitcoin of America Wins Silver in 11th Annual Best in Biz Awards

press release

PRESS RELEASE. Bitcoin of America has been named a silver winner in the Company of the Year – Midwest category in Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, their customer support makes them the best in the industry.

Bitcoin of America has demonstrated rapid growth. In June of this year, Bitcoin of America’s Chief Financial Officer reported record company growth. In January, the company had a total of 630 Bitcoin ATMs. To date, they have seen a 138.095% increase in their number of locations. They even hit a major achievement of 1500 plus BTMs. Bitcoin of America has also seen enormous growth in their number of employees. In just one year their team grew over 32 percent.

Bitcoin of America also added new products, services, and even updates to their BTMS. In May, they announced the launch of their new universal kiosk. The kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM. The universal kiosk is known to offer 3 different functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to buy bitcoin or other cryptocurrencies with cash. The last is that customers can sell crypto in return for cash. This is huge for business owners. These universal kiosks are bringing stores additional revenue streams, while also saving floor space. They also announced that Ethereum would be available for customers to purchase from any of their locations.

Besides offering cryptocurrency services to customers, Bitcoin of America has helped hundreds of businesses across the United States. Bitcoin of America offers a host program for store owners who are interested in cryptocurrency or are just looking to earn extra income. They take care of their host locations by providing them with passive income, increased foot traffic, and marketing. They even handle customer support and any maintenance/installation services.


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Bitmart Loses $200 Million in Hack Performed by Unknown Attackers

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Bitmart Loses $200 Million in Hack Performed by Unknown Attackers

Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers managed to take almost $200 million in tokens from the platform.

Bitmart Hot Wallets Exploited

Bitmart has lost more than $200 million in a hack that involved its hot wallets yesterday. The issue was first identified by Peckshield, a blockchain security and auditing company, that raised the alarm about a possible hot wallet vulnerability on social media. The involved wallets were those that held ETH and BSC-based tokens.

Bitmart representatives estimated the losses at $150 million initially, but PeckShield did an investigation of the funds taken, saying losses were around $200 million. The hack took significant amounts of SHIB, SAFEMOON, SAND, and MANA, among others. The event affected the price of some tokens with low liquidity listed on the exchange, due to the liquidation of large amounts of these on decentralized exchanges.

Bitmart acknowledged the situation and at the time stated that the losses due to the attack accounted for a small part of the exchange holdings. An announcement from the company stated:

The affected ETH hot wallet and BSC hot wallet carries a small percentage of assets on BitMart and all of our other wallets are secure and unharmed. We are now conducting a thorough security review and we will post updates as we progress.

Tornado-Washed Funds

The exploiters moved the funds to other platforms quickly, with the intention of mixing the cryptocurrency taken. According to Peckshield, all of the Binance Smart Chain and Ethereum tokens were exchanged for ethereum using 1inch, a decentralized exchange platform, and then were sent to Tornado.cash, an obfuscation protocol that allows users to make transactions less susceptible to tracing.

This is one of the more devastating attacks on a centralized exchange this year, with much of the risk for exploits having moved to decentralized finance (defi) platforms. As a result of this situation, the exchange has suspended withdrawals for all assets until it conducts an investigation and a new security review of the platform and its vulnerabilities.

What do you think about this $200 million Bitmart exchange hack? Tell us in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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