Bitpanda-lists-6-Decentralised-Cloud-&-Web3-projects Bitpanda-lists-6-Decentralised-Cloud-&-Web3-projects

Bitpanda is adding 6 new decentralized cloud & Web3 crypto projects. Render Token (RNDR), Storj (STORJ), Flux (FLUX), Biconomy (BICO), Orchid (OXT), and Ankr (ANKR).

6 new cloud and 3 decentralized web projects, now on Bitpanda

You asked for it, Bitpanda fulfilled it. If it’s Wednesday, it’s #CryptoWednesday, and we’re excited to announce that Bitpanda has added six new decentralized cloud and Web3 cryptocurrency projects to Bitpanda. Render Token (RNDR), Storj (STORJ), Flux (FLUX), Biconomy (BICO), Orchid Status (OXT), and Ankr (ANKR) are now built-in and available to invest. And that’s not all, if you invest in any of these 6 cryptocurrency projects, you will get 5% cashback in BEST directly into your Bitpanda wallet.

As promised, Bitpanda is taking the game to the next level to make sure Bitpanda’s users have access to the latest and widest range of in-demand assets. From DeFi and NFT to crypto and smart contracts, Bitpanda has scoured the world of cryptocurrencies to identify legit, trustworthy, innovative, and secure assets just for you. Let’s explore the latest additions to Bitpanda’s decentralized cloud storage and Web3 infrastructure token platform.

Invest in Decentralised Cloud & Web3 projects

What’s new?

1. Render Token (RNDR)

The Render Network is designed to connect artists and studios in need of GPU computing power with mining partners who are willing to lease their GPU capacity to the network. This solution aims to lower the barriers for artists trying to enter the industry and revolutionize the digital creation process. RNDR, the network token, is an ERC-20 utility token used for payments and GPU trading. All parties involved (including node creators and operators) need to have the native asset to participate in the Render network.

Invest in Render Token (RNDR) on Bitpanda

2. Storj (STORJ)

Storj is an open-source decentralized cloud storage platform that hosts user data and employs advanced encryption to secure it. Running on thousands of independent, anonymous computers, the Storj network aims to eliminate the need to rely on centralized cloud storage service providers. The Storj token (STORJ) is provided to individuals or organizations that want to store their data on the network and is used to reward node operators.

Invest in Storj (STORJ) on Bitpanda

3. Flux (FLUX)

Flux offers a fully decentralized range of blockchain service solutions providing cloud computing and general services in DeFi transactions. The Flux Ecosystem consists of a state-of-the-art decentralized Web3 network with thousands of Flux nodes around the world. The network currently hosts more than 30 DApps. FLUX is the network’s minable proof-of-work token that is only distributed to hardware hosts, miners, and operators and is used for on-chain DAO governance and bad actor mitigation.

Invest in Flux (FLUX) on Bitpanda

4. Biconomy (BICO)

Biconomy is a protocol with a multi-chain relayer structure that is gas efficient and scalable. The project is working on improving user onboarding and simplifying the transaction process in DApps, making Web3 products intuitive and easy to use. The architecture of the network allows users to purchase gas in an ERC20 or DApp token of their choice, thereby transacting without gas. BICO, the project’s native token, is used for staking and providing liquidity, rewards, and processes in the governance protocol. And now it is already available on Bitpanda.

Invest in Biconomy (BICO) on Bitpanda

5. Orchid (OXT)

The Orchid project has set out to offer users what it claims is the world’s first peer-to-peer incentivized privacy network, in order to improve VPN use as we know it: centralized and location-based. Using a decentralized network, Orchid allows users to purchase bandwidth from any participating provider. Users pay for the VPN service based on usage, and only when they actually connect through what are called “probabilistic nanopayments.” The network token, OXT, also known as Orchid Coin, is a freely tradable ERC-20 token used for packet network payments and trading. Check out OXT on Bitpanda to add it to your portfolio.

Invest in Orchid (OXT) on Bitpanda

6. Anchor (ANKR)

Ankr was born as a project to provide affordable hosting solutions through blockchain nodes and shared resources. Taking advantage of untapped computing power, the project has evolved into a market for container-based cloud services. The Ankr network allows users to deploy blockchain nodes easily and very cost-effectively compared to public cloud providers. Ankr is also developing an infrastructure platform for Web3-stack deployment that connects end-users and resource providers with DeFi applications and blockchains. ANKR, the network’s native token, is required to access blockchain functions and has a maximum supply of 10 billion coins. With immediate effect, you can buy ANKR on Bitpanda.

Invest in Anchor (ANKR) on Bitpanda

Ready for cashback from Bitpanda?

Cashback means money back, and we want you to enjoy it. This week you can get cashback on new projects listed from Wednesday, March 16, 2022 at 12:00 and Tuesday, March 22, 2022 at 23:59 (CET).

How does it work?

Invest in any of the new crypto projects listed on Bitpanda: Render Token (RNDR), Storj (STORJ), Flux (FLUX), Biconomy (BICO), Orchid (OXT) and Ankr (ANKR).

After the campaign ends, you will earn 5% back in BEST based on the total amount you have invested in these assets during the campaign period.

Cashback will be paid in BEST. For example, if you buy 100 OXT during the campaign period, you will receive BEST in the amount of 5 OXT in cashback at the end of the campaign, directly into your Bitpanda wallet.

Your cashback will be credited to your Bitpanda wallet within 3 weeks of the end of the promotion.

Please note that the maximum amount of BEST cashback you can receive is 5% of your total investment in the new tokens and is capped at a value of €100.

Find the terms and conditions of Bitpanda’s cashback campaign here.

Invest in Decentralised Cloud & Web3 projects

When will more assets be listed on Bitpanda?

From now on, Bitpanda will continue to add new cryptocurrencies every week. New tokens will be announced on the Bitpanda Blog and on the social media channels, so keep an eye on this space every #CryptoWednesday!

Check the price trends of your favorite cryptocurrencies, stocks, ETFs and precious metals on the iOS and Android app or on the web app. Do not forget to follow Bitpanda on the social networks ( Instagram and Twitter ) and be up to date with all the content and news.

Go to Bitpanda’s Official Website

Do you want to open an account on Bitpanda?

Opening your Bitpanda account is quick, easy and secure through the Bitpanda website or the app for iOS and Android. Once you’ve signed up, verify your account and make your first deposit using your favorite payment method (including SEPA Instant ) and start investing right away.

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