Celebrating One Year Since IDO: Reflecting on Itheum’s Successes and Accomplishments
The last year since the IDO has been an incredible journey for the Itheum project, team, and community. After launching and establishing our presence on the MultiversX Blockchain with the Token Generation Event (TGE) and Initial DEX Offering (IDO) on March 28 2022, we have made significant strides in promoting data ownership through cutting-edge technology and innovation. As we look forward to the upcoming year, we are grateful for your continued support, engagement, ideas, and commitment to our mission. Together, we are shaping a fair, decentralized society where individuals can own their personal data and reap its benefits. Let’s take a look back at some key moments and events from the last year since the IDO:
ITHEUM Token Listing and Metastaking
The ITHEUM token is now available for trading on various exchanges, including Elrond Maiar DEX (now MultiversX xExchange), MEXC Global, and others. The listing on the MultiversX Maiar DEX allows users to engage in rewards-based activities for participation in the broader MultiversX ecosystem, and the blockchain’s high speed and scalability provide more opportunities for utilizing the ITHEUM token within the ecosystem while benefiting from low transaction fees.
In addition, the MultiversX Metastaking program offers novel liquidity providing incentives that enhance the ITHEUM token’s utility and attractiveness for long-term holding. Exploration is also underway to consider Metastaking participation as “reputation” flagging for the Itheum protocol, using it as a potential tool to differentiate real-world engaged users from BOTs or speculators and provide these high-value users with more participation opportunities in decentralized governance, for example. With a combination of token staking, liquidity providing, and yield farming, Metastaking incentivizes LPs (Liquidity Providers) to simultaneously earn three types of rewards. Users can go to the xExchange page to begin Metastaking.
ITHEUM Token Gains Support from Major Crypto Wallets
Itheum’s native utility token is now supported by two of the largest crypto wallets: Trust Wallet and Coin98 Wallet. Trust Wallet, the official Binance mobile crypto wallet, began supporting the ITHEUM token, opening the door for 25 million new users to join the ITHEUM ecosystem. Coin98 Wallet, the official Coin98 Super App crypto wallet, began supporting the ITHEUM token, allowing an additional two million plus users to join the rapidly growing ecosystem. Ledger cold-storage hardware wallet integration is also being worked on to enhance token storage security further. These developments further cement the ITHEUM token’s position as a vital component of the Web3 data ownership movement.
Itheum’s First Mainnet Release — The Claims Portal
In 2022, Itheum introduced its first mainnet release, the Claims Portal, as a secure and transparent feature for token distribution, playing a crucial role in driving community and ecosystem growth for the Itheum protocol. The portal streamlines token claims, rewards, and data creator royalties, allowing users to efficiently receive their tokens while ensuring that users maintain full control over their tokens, fostering data ownership and security. As a core component of the Itheum platform, the Claims Portal is also essential for “indirect” DAO governance distributions of tokens. Its integration with the MultiversX blockchain guarantees high-speed transactions, low fees, and scalability, making it a dependable and efficient feature for token distribution. The portal stands as a testament to Itheum’s commitment to serving as the Token Distribution Nucleus for its community guardians and ecosystem warriors, now available for use on the MultiversX Mainnet via the Data DEX.
Unlocking New Possibilities: Itheum’s Notable Partnerships in Healthcare, Gaming, and Beyond
Itheum has forged several notable partnerships since its successful Token Generation Event (TGE) and Initial DEX Offering (IDO) last year. These partnerships signify the growing recognition of our mission to empower individuals by allowing them to own and control their data. We’ve formed strategic partnerships with companies that share our commitment to advancing data ownership and revolutionizing various industries. From healthcare to gaming, these partnerships have opened up new possibilities for empowering individuals and promoting a fairer society.
Let’s explore below: ⬇️
In the health sector, Itheum has made significant strides with partnerships and innovative technology. The recent launch of the Panacare DAO marks a major milestone in the project’s mission to revolutionize healthcare. The partnership with Sense4fit also opened up opportunities for Itheum to expand its footprint in the fitness and wellness industries. The addition of SanoPass to the Itheum ecosystem has brought the first global health data trade platform to the metaverse. Furthermore, the introduction of Itheum’s Health Metaverse Passport has allowed individuals to own their health, wellness and fitness data securely on the blockchain, enabling them to track and manage their health and wellness more effectively. These partnerships and innovations bring us one step closer to our vision of a decentralized healthcare system where individuals have full control of their personal data.
In the gaming industry, we partnered with WonderHero, Polkastarter Gaming Guild (PGG) and Egld.gg to bring our gamer passports to a wider audience. These partnerships allow us to reach more gamers and introduce them to the benefits of our gamer passport technology.
In other notable partnerships, we collaborated with AshSwap to bring our exclusive DeFi passport into their ecosystem. This partnership allows users to leverage our DeFi passport to access AshSwap’s liquidity pools and earn rewards. Additionally, our partnership with Elrond Apes allows us to integrate our proof-of-community reputation protocol with their NFT platform. Finally, we partnered with ZoidPay, a crypto payment gateway, to bring our unique NFME-ID to their ecommerce metaverse. This partnership will allow users to control their retail data and unlock unseen personalized shopping experiences in the Metaverse.
Each of these partnerships plays a vital role in our mission to democratize data ownership and create a fair, decentralized society. We are grateful for the opportunity to collaborate with these industry leaders and look forward to the continued growth and success of the Itheum project.
Revolutionizing Healthcare through the Panacare DAO
Panacare DAO is a monumental milestone in healthcare technology, marking a revolutionary step towards a user-centric, secure, and accessible health data landscape. Unlike the current healthcare system, which suffers from locked data silos, data breaches, and a lack of security and control for individuals, Panacare DAO promises a world where patients have ownership of their health data and can work transparently and in synergy with Healthcare Providers.
The DAO aims to help healthcare providers to use a transparent governance model to create an environment where patients can claim, own, and trade their health data using Itheum’s technology. Patients, who will be known as Members, will align with the Panacare DAO and delegate ownership of their health data. The Data Coalition groups the data into clusters and advertises them to Data Consumers. Additionally, as previously mentioned, patients will have their very own NFMe ID Avatar, a digital representation of their data in the form of an interoperable soulbound Avatar, which will connect to their Health Metaverse Passport and enable health data and identity to be more interoperable. With its decentralized and autonomous nature, Panacare DAO is poised to bring significant benefits to the healthcare industry.
Global Community Testing Events
Itheum’s Rumble in the Data Jungle program was the first step towards testing our Data DEX technology. Building on this, we announced the next evolution of our testing with the launch of the Rumble in the Data NFT Jungle program. This new testing event incentivized the creation and testing of NFTs on the Data DEX, with rewards for those who participate and contribute to helping test the software to ensure its fit for a secure and stable release to mainnet.
The Rumble in the Data NFT Jungle program is the next step in our mission to empower individuals and businesses to truly own, control and trade their data, and demonstrates our commitment to continuous innovation and improvement. As we look ahead to the future, we remain dedicated to building a decentralized world where data ownership is a fundamental right, and where individuals have the power to control and benefit from their personal data.
The launch of the Road to Data Ownership Bounty Program:
In August 2022, Itheum announced the launch of their first-ever bounty program, The Road to Data Ownership. The program provided a platform for interested parties to work with the Itheum community team to educate the world through articles, research, videos, design, and more, and earn rewards and recognition for their efforts. The response to the program was overwhelming, with an impressive number of applicants and remarkable content produced by participants.
Building on the success of the first program, Itheum recently launched the second version of the bounty program. The program is an all-inclusive, community-driven growth strategy where both Itheum and the creators benefit together. With the mission of empowering 8 billion people worldwide to truly own and trade their data as it becomes progressively more valuable, the bounty program V2 is driving Itheum’s mission forward. Stay tuned for even more innovative content from the Itheum community, as we continue to drive towards a world where data ownership is a fundamental right for all.
Building a Strong and Engaged Community
Itheum has experienced remarkable growth in both its social media presence and community over the past year. With over 110,000 members and counting across various platforms, our community is a fundamental aspect of our success in the Web3 space. We prioritize transparency and strive to keep our community up-to-date with the latest news and developments, providing weekly educational content to help them understand the complexities of the data industry and our technology. Education is a core value at Itheum, and we aim to make the world more informed about the importance of data ownership and the potential of blockchain technology.
Itheum at X Day: Revolutionizing Data Ownership
The MultiversX Conference in Paris marked a significant milestone for Itheum as we were honored to be a core part of the first X Day event at the historical stock exchange, Palais Brongniart. Our founder, Mark Paul, took to the stage during the keynote to unveil the latest updates on how Itheum is transforming data ownership for the world. The event was an opportunity for our international team to showcase Itheum’s mission for the first time, with members from Marketing, Technology, Operations, Business Development, and Community team all present at the event. The booth attracted a lot of interest from the community, with attendees keen to learn more about our technology and how it can empower ownership of data for generations to come.
Itheum Joins CoinTelegraph’s Elite Accelerator Program
We’re thrilled to announce our inclusion in Cointelegraph’s prestigious Accelerator Program, a distinction that sets us apart from countless other Web3 initiatives. As one of the select 12 projects chosen for this partnership, we now have the opportunity to extend our Data Ownership Revolution to millions of users across the globe. Working alongside Cointelegraph, a renowned source for blockchain news and information, we aim to educate and engage a broader audience on the critical role of data ownership in our ever-changing digital world.
Celebrating the Past, Embracing the Future: Itheum’s Journey Continues
As we reflect on our progress since the IDO, we recognize that our journey has only just begun, and there is so much more to explore in the rapidly evolving Web3 universe. From our first mainnet release to the launch of Panacare DAO, we have made significant strides towards our mission of promoting data ownership and creating a fair, decentralized society. We are excited about the infinite possibilities that lie ahead and look forward to continuing to expand and create beautiful experiences for our global community.
About Itheum
Itheum empowers data ownership in the Web3 and Metaverse ecosystems and creates new market value for your data. It enables this by providing “decentralized data brokerage” technology. It’s a suite of tools that facilitate high-value data to be bridged from web2 to web3 and then traded peer-to-peer. It allows for “viral adoption” via our creative “Data NFTs” (provide “inner value” to NFTs and enable royalties / limited supply), “NFMe ID” technology (a living Metaverse avatar representation of you — wrapped as an NFT and backed by personal data) and innovative Data Coalition DAOs (governance entities that bulk trade your data with your consent). It also aims to be fully privacy-preserving, regulation-friendly, and multi-chain, making it the most comprehensive core blockchain data and identity infrastructure available in the market with use cases in both the enterprise and consumer space.
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