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New DApps on imToken -- March 2021 part 2

New DApps on imToken -- March 2021 part 2

Indexed Finance  Indexed Finance is a project focused on the development of passive portfolio management strategies for the Ethereum network. Indexed is managed by the holders of the governance token NDX, which is used to vote on proposals for protocol updates and high level index management such as the definition of market sectors and the creation of new management strategies. Our opinion: Tokenized ETFs sound interesting. Practically it means that you can diversify into a range of assets with one click. If you have the Uniswap token, you can try to stake the NDX and UNI as a liquidity provider for rewards.   dForce Lending dForce lending is a flexible lending market with multi-currency support, and also uses Chainlink on mainnet.  Our opinion: You can make a nomination on your supported assets through their forum. Try it out and use it to support your favorite asset.   OpenOcean A decentralized aggregator that offers a good swap price by using algorithms to find the best price comparing multiple decentralized exchanges. Our opinion: It’s providing a comparison not only of DEXs, but also between the price on DEXs and CeXs.   YFX YFX supports multi-chain swaps, which also offers 100x leverage on BSC, Tron and Heco chains. More chains are planned to be supported: Ethereum, OKEx Chain, Polkadot.  Our opinion: If you like, you can try the 100x leverage trading on YFX. Obviously with a high risk of losing all your money, so as always: Beware of the risks!   Sil.Finance Sil.Finance provides finance service to fill the gap between YFI and YFII. The decentralized automatic investment platform focuses on Financial Management services like dual-token liquidity for variable swaps, automatic LP matching, and automatic compound interests. It automatically selects and configures products that are most suitable for user income. Fun fact: The name actually stands for "Sister In Law" token.  Our opinion: A liquidity mining DApp with a couple of different options. Check it out if you are a liquidity provider on Sushi!   Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Digital asset investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.
2021-04-16
How to use TTSwap on imToken

How to use TTSwap on imToken

ThunderCore is a public chain compatible with EVM. The goal of it is to build an efficient and secure decentralized public chain.  imToken now supports the ThunderCore chain with a function of custom node that allows users to freely use various DApps and tokens on ThunderCore. TTSwap is a leading decentralized exchange on the ThunderCore chain. The Automated Market Maker (AMM) of TTSwap deployed on ThunderCore. TTSwap allows users to exchange different tokens on the Thundercore chain, provides liquidity to the pool and creates pairs.   How to switch to ThunderCore node on imToken 1. Open imToken wallet, click "My Profile"  at the bottom right corner. Get into " Settings" and "Node Settings" in turn. 2. Select "ETHEREUM" in the "Node Settings" then choose "Custom RPC".   3. Select "Adding Quickly" and search TT in "Chainlist".  Then connect it to imToken Wallet to switch to the node. 4. Approve to add a node of ThunderCore. After the node is successfully added, you will get into TT asset page directly. 5. If you want to transfer your TT, select "Send" and enter the receiving address to transfer; if you want to receive your TT, click "Receive" and copy your wallet address.   Use TTSwap in imToken 1. Choose "Browse" in the navigation bar, and search TTSwap.   2. Approved the third-party agreement to use TTSwap.   3. You can use TTSwap to exchange any two digital assets that ThundCore supported and increase the liquidity of the trading pool.   Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Digital asset investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.
2021-04-15
imToken joins forces with InfStones to bring ETH staking to mobile wallet users

imToken joins forces with InfStones to bring ETH staking to mobile wallet users

Today, we are announcing our partnership with the infrastructure provider InfStones. The staking service company has been successfully providing Eth2 and other staking services for industry heavyweights such as Binance, BitGo and Circle. We are delighted to work with them on enabling Eth2 staking to our users right in the imToken app. Zhenwu Shi, Founder of InfStones, said, “We are very happy to cooperate with imToken this time. As the entrance to connect tens of millions of users and the blockchain open network ecosystem, imToken allows our services to benefit the wider crypto community. This is an excellent practice, which allows us to see the huge possibilities for infrastructure services.”   About InfStones Founded in 2018 with offices across three countries and two continents, InfStones is the world's leading blockchain infrastructure provider. Currently, InfStones provides services to large institutional clients around the globe, supporting thousands of nodes on more than 50 public blockchains through its universal platform. InfStones is showing experience with a staking service of 100% up time and with zero security incidents. The company has three years of node service experience across 50 public chains.  The company is powering the Eth2 staking services on the world’s largest crypto exchange Binance, and providing infrastructure services, including staking, to BitGo, Circle, and other top institutions in the industry. https://infstones.com/ https://twitter.com/infstones    About imToken imToken is a decentralized digital wallet used to manage and safeguard a wide range of blockchain- and token-based assets, identities and data. Since its founding in 2016, it has helped its users transact and exchange billions of dollars in value across more than 150 countries around the world. imToken allows its users to manage assets on 12 mainstream blockchains, as well as seamlessly connect with DApps via a decentralized applications browser. imToken native support for zkSync  Connect to Layer 2 and many more custom networks on the new imToken
2021-04-11
imToken Announces US$30 million Series B Investment

imToken Announces US$30 million Series B Investment

Asia’s largest crypto wallet company completes funding round with lead investment from Qiming Venture Partners, participation from Series A investor IDG Capital and new investors including Breyer Capital  Funds to be used to accelerate platform innovation, build a dedicated research arm, and recruit top talent to bring the next generation of crypto wallet to the US$10 trillion global digital wallet market . . . Singapore, March 31, 2021 – imToken, a world-class blockchain technology company best known for its secure decentralized digital wallet, today announced the completion of a US$30 million Series B financing led by Qiming Venture Partners, with participation from its lead Series A investor IDG Capital and new investors including Breyer Capital, HashKey, Signum Capital, Longling Capital, SNZ and co-founder of Fosun International, Mr. LIANG, Xinjun.  imToken was founded in 2016 to address a lack of user-friendly entry points to the cryptocurrency space. In line with its belief that digital asset wallets are the most secure and cost-effective way of banking, the company set out to make the world of decentralized digital wallets more easily and securely accessible by creating a wallet platform with unprecedented ease-of-use and industry leading platform security. Now, imToken’s digital wallet platform is a key pillar of the cryptocurrency ecosystem, enabling its 12 million users from over 150 countries to manage and safeguard a wide range of blockchain- and token-based assets, identities and data. Over US$50 billion in assets are currently placed on the platform and the total transaction value via imToken has exceeded US$500 billion. With this investment, imToken intends to accelerate the development of its next iteration, imToken 3.0, and achieve its long-term goal of  making blockchain accessible to the masses. With imToken 3.0, imToken intends to fundamentally improve the way users interact with blockchain services by implementing keyless accounts, account recovery and other features that enable users to easily and securely access a variety of blockchain networks and applications. Beyond its free non-custodial wallets, imToken also plans to provide secure and convenient access to a suite of decentralized finance (DeFi) services in imToken 3.0, a leap to the centralized digital wallet. The company’s goal is to further lower the entry barrier for cryptocurrency newcomers by building up a robust ecosystem of interconnected products that makes a wide range of blockchain services more available and easier to manage.  In addition, the newly raised capital will be invested in building a research arm called imToken Labs, with the goal of further exploring and applying advanced blockchain technology in imToken’s products and services. It will also be used to bolster imToken’s recruiting efforts in the areas of research, marketing and operations, and to establish more offices globally. "We are thrilled to be partnering with such a savvy and experienced group of investors from both inside and outside of the crypto space,” said He Bin, CEO and Founder of imToken. “Beginning with our inception five years ago, we recognized the huge potential of blockchain technology – as well as the challenges faced by the industry with regards to a need for improved user experiences, secure key management and scalable network. With our investors’ support, we are well positioned to tackle these challenges and grow our platform beyond our wallets – bringing our trademark focus on ease-of-use to a wide range of decentralized services with a goal of serving over 100 million users in the next five years.” imToken has taken major strides to grow the broader decentralized ecosystem, including establishing imToken Ventures in 2018 to invest in companies connected to the digital wallet ecosystem. One of imToken’s incubated projects, a decentralized exchange called Tokenlon, has now facilitated over US$10 billion in total trading volume. imKey, imToken’s hardware wallet, enables its users to easily manage popular digital assets on their mobile devices via bluetooth.   Duane Kuang, Founding Managing Partner of Qiming Venture Partners, said, “Qiming Venture Partners always endeavours to follow massive trends and capture huge opportunities. In the next ten to twenty years, blockchain will revolutionize the financial industry on a global scale. We believe that imToken is riding this trend, and has strongly positioned itself in the market; the team is very focused, always looking to build solid products. We look forward to adventuring into the new era with imToken.” “imToken has already established itself as one of the most important players in the digital asset custody space,” said Jim Breyer, Founder and CEO of Breyer Capital. “Now, we believe there is a significant opportunity for the company to leverage its powerful brand equity and strong user network to expand into new, adjacent markets—and we are excited to help them realize that opportunity.” "We have had our eye on imToken since the early days of our involvement in the crypto space, and we have been extremely impressed with what they’ve accomplished to-date,” said Guo Yihong, Partner at IDG Capital. “We believe much of their success can be attributed to their disciplined focus on user experience and ease-of-use, and we look forward to helping them apply that same focus to a wide range of services beyond their core wallet offerings.”   About imToken  imToken is a decentralized digital wallet used to manage and safeguard a wide range of blockchain- and token-based assets, identities and data. Since its founding in 2016, it has helped its users transact and exchange billions of dollars in value across more than 150 countries around the world. imToken allows its users to manage assets on 12 mainstream blockchains, as well as seamlessly connect with DApps via a decentralized applications browser.   About Qiming Venture Partners Founded in 2006, Qiming Venture Partners is a leading China venture capital firm with offices in Shanghai, Beijing, Suzhou, Shenzhen, Hong Kong, Seattle, Boston and the San Francisco Bay Area.  Currently Qiming Venture Partners manages nine US Dollar funds and six RMB funds with $5.9 billion in assets under management. Since our establishment, we have invested in outstanding companies in the TMT and healthcare industries at the early and growth stages. Since our debut, we have backed over 380 fast-growing and innovative companies. Over 130 companies are already listed on NYSE, NASDAQ, HKEx, Gretai Securities Market, Shanghai Stock Exchange and Shenzhen Stock Exchange, or achieved exit through M&A and other means. There are also over 40 portfolio companies that have achieved unicorn status. For more information, please visit: https://www.qimingvc.com/en   
2021-04-17
DApps and Their Risks

DApps and Their Risks

What is a DApp? A DApp, or decentralized application, is a software application that runs on a distributed network. It’s hosted on a peer-to-peer decentralised network, rather than on a centralized server. Currently, a lot of DApp are based on Ethereum and TRON. What are high-risk DApps?  High-risk DApps such as Forsage or Etherchain are those which have the bearing of a pyramid or Ponzi-scheme. Notable warning signs include the following: A guaranteed promise of high returns with little risk Claim to be decentralized and fully transparent, while they are not A consistent flow of returns regardless of market conditions Claim they are cooperating with well-known wallets, exchanges, while they are not  Face difficulties when removing their tokens  Get “rewards” with tokens every time someone joins under you Here’s a list of top 5 high-risk DApps running on Ethereum: Top High Risk DApps, Data from dappradar.com Crypto is full of opportunities, while there are always certain risks behind that. A high-risk DApp can run for a long time without many cracks. You may even have no idea who’s the real person behind it.  Please do your own research before investing in any DApp project. And more importantly, never investing more value into DApps than you can afford to lose.  What is the relationship between imToken DApp browser and those DApps?  When using the imToken DApp browser, some users assume that all these links are safe and they trust these DApp naturally. They even assume these DApps have a partnership with imToken. While it’s not necessarily true.  imToken DApp explorer is like Google search but in a decentralised way. You can enter any links at this explorer and you’ll be able to visit under normal circumstances. And you are responsible for using these third party DApps individually. Users have to pay attention to the DApp they are joining and contact them directly whenever you encounter problems. To protect our users, we add warm signs or block some DApps since they are high risks and running a Ponzi scheme. If you have found any similar DApps, please report them to imToken at hack@token.im.
2021-02-19
4 Tips to Keep Your Crypto Assets Safe

4 Tips to Keep Your Crypto Assets Safe

As we all know, imToken is a decentralized wallet. What does it mean? It means that the mnemonic phrase and private key are controlled by you completely - you are the only owner of the wallet. We have several tips to help you keep the asset safe.  1. Download The imToken Fans Group channel on Telegram is not an official imToken chat room. Some users have reported that there are scammers trying to reach them privately and send malicious download links. Please remember that imToken team will never contact you via pm, nor request your confidential information. For imToken support, always email: support@token.im To download imToken, always visit: https://token.im/ 2. Backup  By talking to 200,000+ users, we found that most people lost their coins due to the following reasons:  Forget to back up Back up the wrong mnemonic/ private key Save the mnemonic/ private key in iCloud, or any other cloud service Share it with friends or others  Here are some of the recommendations:  After creating a wallet, please backup your wallet offline in time Back up the wallet by handwriting, or use a mnemonic key box to save the backup Double check if the mnemonic phrase and private key are accurate Do not save the mnemonic phrase through cloud, Facebook, emails, etc Do not share the private key with others 3. Transfer  Due to the nature of the blockchain, you can never reverse a transaction once it’s successful.  When you try to send tokens, please double check if the address you copied is the right one, controlled by an individual or a contract. If the recipient is the token contract itself, those tokens may be lost forever! imToken will warn you when sending tokens to a contract address. 4. DApp - Ponzi Scheme  Another situation involving wallet security is the Ponzi scheme. Such projects often use high returns as the bait. The initiator recruits other ‘investors’ who in turn recruit other investors and so on. Behind the high return is always a high risk. Please be aware! Common Ponzi schemes include: Forsage, Etherchain, etc.  Smart contracts are autonomous, and effectively indestructible. If you find a suspicious dApp, please contact us at hack@token.im, our security team will check and add alerts whenever necessary. Although it’s good to be informed, we hope that you’ll never experience the unpleasant experience in the above.
2020-12-08
New DApps on imToken - NFT Edition

New DApps on imToken - NFT Edition

  We’ve been adding more DApps to imToken’s Browser. Here we present our favorite new additions in the NFT category.   MurAll MurAll is a digital mural which allows anyone to draw on and to be an NFT artist. Recently, verified artists of  KnownOrigin, Rarible, SuperRare and AsyncArt who meet the criteria are able to own paint tokens from MurAll, as well as trading ERC721 holders.  We say:  Keep our eyes on the cool stuff that is what imToken and MurAll do.    CryptoPunks The one and only, the first widely minted and traded NFT on Ethereum. If you hold a CryptoPunk you probably won’t read this. But if you do: Well done! We say: Oh, already too late to buy cheap. Anyways, take a look at current prices of Cryptopunks on the OpenSea DApp.   NFTX NFTX are NFT index funds on Ethereum. Sounds complex. In simpler terms, NFTX is a platform for making ERC20 tokens that are backed by NFT collectibles. These tokens are called funds, and (like all ERC20s) they are fungible and composable. With NFTX, it is possible to create and trade funds based on your favorite collectibles such as CryptoPunks, Axies, CryptoKitties, and Avastars, right from a DEX like Uniswap. Find more information at: https://blog.nftx.org/litepaper-and-introduction/ We say: If you don’t have the time or knowledge to trade individual NFTs, you can now trade those NFTX funds. Convenient. More experienced users can benefit from wrapping their collections into fungible tokens.   Art Blocks Art Blocks hosts a couple of artists that build generative art as NFTs. The platform let’s you mint NFTs such as the Chromie Squiggle by Snowfro for a small price.  We say: Well, and that’s pretty much it. But it’s fun, if you have the money to pay for gas fees that is ;)   Nifty Gateway Famous for auctioning Beeple’s NFTs for a total of $3.5 million, Nifty Gateway is the ‘premier marketplace for Nifties’, which is their way of saying NFTs. Elon Musk’s girlfriend Grimes sold around $6 million worth of NFTs on Nifty Gateway. The NFTs on Nifty Gateway are curated, so in general high quality. We say: Maybe we should give it a try when it makes all those famous people even richer. At least check it out. Looking at the pictures is free ;)   Euler Beats We talked about generated art above. Euler beats is generated art, but with music instead of pictures. Euler Beats is an on-chain music NFT project with 27 original tracks, and 120 copies per track. Sadly, already sold out. Seems we are kind of late for this one.   In this case, EulerBeats let you create original music out of a script that is saved on the Ethereum blockchain. Plus, original owners collect 8% on prints sold of their original. We say: Ultra scarce digital art + beat collection generated by applying mathematical discoveries of Euler. Wow.   iNFT A marketplace for you NFT needs. Similar to competitors, it lets you offer, buy and view all kinds of NFTs, ERC721 and ERC1155 standards on Ethereum. We say: Give it a try if you want to see how an alternative to OpenSea looks like!
2021-04-12
How to use dYdX on imToken?

How to use dYdX on imToken?

New version of dYdX  is released today, which is a  Layer2 protocol for cross-margined perpetuals, based on StarkWare’s StarkEx scalability engine and dYdX’s Perpetual smart contracts. Traders can expect significantly lower gas costs, and in turn, much lower trading fees and minimum trade sizes. After you deposited the amount on dYdX, you can check your equity, purchased computing, rate of margin and account leverage: Equity is the value of your margin Purchased computing = your deposit * maximum leverage Rate of Margin = (aggregate gross position /  maximum leverage) / Equity account leverage = aggregate gross position / value of margin The advantage of the dYdX in Layer2 dYdX reduces trading fee across the board for users. Users no longer have to pay gas fees while trading. Users can deposit the amount on Layer2 without waiting. User’s security and privacy will be guaranteed by the Zero-Knowledge Proofs in the dYdX. Multiple perpetual contract markets are available for traders through a single margin account, which increases the capital efficiency.   Let’s try the new dYdX on imToken. 1. Open imToken then go to ‘Browser’ and search ‘dYdX’ 2. Connect the imToken wallet and sign the sigure to generate the Stark private key. You can use  UserName and Email to create your account , then sign the signature please.   3. Click ‘Register’ to enable the layer2. It registers your account in the StarkEx contract and needs to pay a gas fee. Sign the signature to connect your imToken wallet, meantime. Enable the USDC for authorization on the chain, after that deposit the amount of USDC  as a margin for a contract transaction.  4. Now you can choose the trading pair for ‘Market Order’ or ‘Limit Order’ to trade.   Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Digital asset investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.
2021-04-15
The new imToken 2.9.0 now officially supports zkSync!

The new imToken 2.9.0 now officially supports zkSync!

Ethereum is growing. But with its success come higher gas fees. Luckily, Layer 2 solutions are here to solve that. Therefore we are excited to present to you: Full native support for zkSync on imToken. Now in your favorite app store! We would like to thank Matter Labs for their support! You can read more about them in our earlier announcement here.   zkSync brings lower fees, instant confirmations to imToken With Ethereum’s growing usage, come higher gas fees. That’s not only annoying, but also leaves out ‘cheaper’ use cases like minting NFTs or playing on-chain games. However, there are already a number of scaling solutions released and others coming to mainnet in the coming months. Now it’s time for wallets to integrate. At imToken, we have been following and talking to many (if not all) Layer2 solutions. After some research and adding a custom node feature, we decided to natively integrate zkSync. zkSync is a ZK-Rollup developed by Matter Labs that makes crypto payments cheaper already today, and is planned to scale arbitrary smart contracts on Ethereum soon (i.e. August). It uses zero-knowledge proofs and on-chain data availability to keep users' funds as safe as though they never left the mainnet. Learn more details on their website. For you, the user, zkSync brings lower miner fees, instant confirmations on transactions and finality within minutes. Therefore, we are excited to introduce native support for zkSync in the latest update of the imToken wallet app. Update to the latest imToken and experience zkSync already today!   How to use zkSync on imToken To use zkSync on imToken, open your imToken wallet app, switch to the "My profile" page, click "Explore" and enable zkSync. P.S. Check out the tutorial on how to use zkSync in imToken.    imToken & Layer 2 We presented our first imToken app at the Ethereum Devcon in Shanghai in 2016. Since then, we are committed to developing for and within the Ethereum ecosystem. Now that Layer 2s are here to stay, supporting Layer 2 solutions comes natural to us.  In addition to natively supporting zkSync in the wallet, we have also added a Layer 2 section in the DApp browser, which includes an assortment of Layer 2 and sidechain DApps. To be able to use those more easily, we also support EIP-3085 and allow users to set custom nodes. More scalability solutions are coming and we are looking forward to helping scale the ecosystem!   How to update Android users: You can download from the official website https://token.im or at your favorite app store iOS users: You can download from the App Store If you face any difficulty using imToken or have any comments and suggestions for us, please submit your feedback directly within the app.   Always backup your keys! Before upgrading, please make sure that all wallet identities have been backed up properly. Please write down the Mnemonic phrase on a physical paper, never store it in the network; Please restrain from sharing your private key, Mnemonic phrase or Keystore to anyone! If you find potential hacking activities in imToken, please report to us via email at hack@token.im to prevent more people from being deceived; Please have a look at our Help Center at https://support.token.im/hc/en-us for more detailed information about imToken.  
2021-04-15

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