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On March 7, CICC reported its first coverage of Bruco (00325.HK), with an "outperform" rating and a target price of HK$105. The bank said it is optimistic about the growth potential of assembled role-playing toys in the global market, as well as the groups advantages in products, intellectual property operations and distribution channels. It is estimated that the companys adjusted earnings per share from 2024 to 2026 will be 2.2 yuan, 4.1 yuan and 5.4 yuan respectively, which means a compound annual growth rate of 57%.On March 7, Wang Yi said that the maritime friction between the Philippines and China is a shadow play. ​​​On March 7, Goldman Sachs published a research report stating that JD Health (06618.HK)s revenue growth in the second half of last year was in line with expectations, but the adjusted operating profit was lower than forecast. Net profit has also improved due to rising interest or other income. The report mentioned that JD Health managements profit guidance for 2025 is quite conservative, with sales expected to grow by double digits year-on-year and operating profit to remain flat year-on-year, as the company will focus on investing more in offline on-demand delivery and artificial intelligence initiatives in first-tier cities. Operating profit may decline year-on-year due to reduced interest income. In the long run, management is confident in further expanding its share and competitiveness in the online or offline pharmacy market.On March 7, Wang Yi said that we welcome all sectors of the two countries to strengthen exchanges, deepen mutually beneficial cooperation, and improve national sentiments, which are in line with the long-term interests of both sides. Regarding some specific concerns of the Japanese side, China will uphold a responsible attitude and properly handle them in accordance with laws and regulations.SpaceX will conduct a thorough investigation into the explosion and disintegration of the Starships second-stage spacecraft and cooperate with the Federal Aviation Administration (FAA).

After Raising $2.6M, Gal Gadot Backed DEX Launches NFT Marketplace

Cory Russell

Mar 31, 2022 11:06

The goal of the new NFT marketplace is to attract more users to the ecosystem while also increasing the value of the native token ASW.

Key Takeaways:


Today, AdaSwap launched ADANFT, its NFT marketplace.


ADANFT will address a fundamental problem with 'poor curation' noted on other marketplaces.


AdaSwap will promote its token ASW through the marketplace.


The Cardano-based Decentralised Exchange (DEX) AdaSwap announced its NFT Marketplace, ADANFT, in a press release, first hinted at by FXEmpire earlier this month.


Lower gas fees will be one of the marketplace's attractions, which ADANFT will use to entice traders and encourage NFT minting on the network.


How Be Will ADANFT 'Different'?


According to AdaSwap, the NFT marketplace was created to address a significant issue of "poor curation," which other marketplaces like Opensea, Magic Eden, Raible, and others face.


They plan to do so by involving their community in the selection process. Individuals who own AdaSwap's native token, ASW, will be able to vote on which NFT collections should be included.


The community will vote on their favorite NFTs of the week, and only the most popular collections will be added to ADANFT's offers due to the voting.


As a result, ADANFT will ensure that only those NFTs are put on the marketplace with a realistic chance of selling.


While ADANFT emphasizes its community-centric approach, it will also implement a tier-based classification system, with holders of the most ASW tokens receiving access to the most valuable and unique NFTs and other perks.


This may be their undoing, as competing marketplaces provide all dealers with an equal opportunity to obtain uncommon and valuable NFTs.


However, AdaSwap's CEO Lennon Qualmann said, "This appears to be a planned move on AdaSwap's part."


"By bringing forward new and innovative concepts, we hope to transform the way NFTs interact with traditional financial protocols and the way NFTs are traded."


AdaSwap's History and Prospects


As previously indicated, FXEmpire reported on AdaSwap's $2.6 million investment from various investors, including Gal Gadot.


This money was necessary for the launch of ADANFT and will continue to support AdsSwap's future objectives.


AdaSwap will have an AMM (Automated Market Maker) interface for its DEX, Stake & Forget protocols and bridges with Ethereum, BSC, and Casper chains.


Moreover, the introduction of this NFT marketplace could not have come at a better moment, as Cardano is now showing signs of its long-awaited bullishness, with a 56 percent gain this month, which will play a significant role in drawing investors to ADANFT.

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