#AVG Archives - Smart Liquidity Research

Magic Square Welcomes AVG

Lida Dinnero — Sat, 10 Sep 2022 18:46:34 +0000

Magic Square Welcomes AVG – Automatic Venture Group as Early Investor to Offer New Crypto App Experience in Web3.

Their participation in the KOL fundraising round will empower Magic Square to translate its vision of a unified App Store experience for all types of users into reality.

“We appreciate our partnership with Magic Square and are sure that it may bring considerable value to Web 3 and the crypto community in general. Our team believes that Magic Square brings true innovation and is the great partner for top-tier projects” — Marina Gordeeva, Business Development Director of Automatic Venture Group.

With Magic Square, users worldwide can access a vast range of community-validated blockchain applications, all from one location. Magic Store offers a wealth of new opportunities for all crypto enthusiasts. Magic Square Welcomes AVG – Early access is now open for registration here.

The Magic Square Ecosystem is continuously expanding and opening doors for every crypto user to discover, use and earn.

About Magic Square

Magic Square is a decentralized solution that simplifies Crypto.

Magic Square Welcomes AVG – Users can discover dApps, CeFi and DeFi, NFTs, Games, and much more in one place with an intuitive design.

The Crypto App Store is a Web3 solution where the community vets, ranks, and prioritizes the apps via a DAO mechanism with clear earning metrics to incentivize the participation of validators, creators, and users.

Users can access all of the community vetted content with one click using the MagicID (Decentralized ID). This multi-chain wallet solution aims to become the Web3 alternative to Google or Apple connect.

Website | Twitter

About AVG

AVG is a venture capital fund that supports early-stage start-ups. Being a full cycle VC, our approach is flexible, long term and multi-stage.

Website | Twitter

RESOURCES

https://medium.com/@magicsquare/magic-square-welcomes-automatic-venture-group-as-early-investor-to-offer-new-crypto-app-experience-f1d35575fd9

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Polygen Strategic Collaboration with AVG

Peter Chijioke — Sat, 23 Jul 2022 09:15:09 +0000

Polygen is glad to announce its strategic alliance with a venture capital fund that supports early-stage startups, AVG (Automatic Venture Group)!

This venture capitalist, better known by their initials AVG, is very hands-on when it comes to assisting projects in realizing their full potential through a variety of tools, and so Polygen is very thrilled to be working with them on a series of events in both of their platforms.

What to look forward to in this partnership

As part of this partnership, we will be conducting fundraisers to further advance Polygen! AVG has a wide reach on social media, with roughly 10,000 views every day on social media.

They also take ownership of one of the best media networks in the Russian-speaking Telegram cryptocurrency community.

Through this, they will be able to effortlessly boost Polygen throughout the crypto industry thanks to their illustrious media reach.

“We appreciate our partnership with Polygen and are sure that it may bring value to the crypto community in general. My team and I believe that Polygen brings innovation and is a great partner for top-tier projects.” says Roman Segda, Founder of Automatic Venture Group.

Together, Polygen and AVG will share projects, increase fundraising, and take advantage of their complementary strengths.

About AVG

Automatic Venture Group is connecting crypto enthusiasts through its wide network of channels which reach no bounds. With a team consisting of analysts, text and video content creators, business developers with vast knowledge and range of backgrounds, there’s really nothing AVG cannot accomplish for projects seeking their expertise.

Additionally, AVG is backed by top tier market players in the crypto industry including other VCs, launchpads, key opinion leaders and influencers. At present, they have a partnership network with over 50+ crypto projects.

Website | Twitter

About Polygen

Polygen is a decentralized, permissionless launchpad natively built for Polygon. Guided by crypto’s ethos of decentralization, Polygen enables projects to experiment and innovate free from the obstruction of gatekeepers — anyone can launch any project with no fees.

Website | Twitter

SOURCE

https://medium.com/@polygen/polygen-and-avg-to-form-a-strategic-partnership-to-collaborate-on-project-fundraising-3901a408c630

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Bridging Avocado DAO Tokens

xyla — Wed, 01 Jun 2022 17:23:40 +0000

Bridging Avocado DAO Tokens from Ethereum to BNBChain.

Avocado DAO tokens can now be bridged from Ethereum to the BNB (formally Binance Smart Chain), which offers security, scalability, and low transaction costs, important to both of their community and the GameFi ecosystem. Bridging AVG allows token holders to bring the tokens onto the BNB Network which gives access to multiple cryptocurrencies and incurs lower transaction costs such as gas fees. Avocado Guild selected Celer Network as their partner for bridging AVG from ETH to BNB as the platform facilitates fast, secure and low-cost cross-chain interoperability. Celer cBridge is a user-focused, cross-chain token bridge with deep liquidity for users. The platform is highly efficient and also offers exciting developer-oriented features. And now announcing Bridging Avocado DAO Tokens.

Guide on how to bridge

Head over to cBridge and Connect Wallet
Select the source and destination chains
Click Transfer and approve contract spend

If this is your first time using the bridge for $AVG, you will need to provide permission for the platform to spend your token by clicking ‘Approve AVG’. After confirming this step, you will have the option to review the transfer details and ‘Confirm Transfer’, then sign the transaction on your wallet.

A note on fees for using Celer cBridge

There is a Bridge Fee when bridging tokens between blockchains. This Bridge Fee consists of the Base Fee and Liquidity Fee. The Base Fee is paid to cover the gas cost for sending funds on the Destination Chain while the Liquidity Fee is paid to the cBridge liquidity providers and Celer State Guardian Network (SGN) stakers in return for their services. For transfers from L2 roll-up chains (Arbitrum/Optimism/Boba/Metis), the liquidity fee percentage is 0.1% to 0.5%. Otherwise, the liquidity fee percentage is 0.04%.

Aside from the Bridge Fee, note that the bridge uses the StableSwap AMM to determine the swap rate to keep it close to peg unless there is significant liquidity imbalance.

Once you have successfully bridged your tokens, they will appear in your wallet, under your balance in the Destination network. In case you don’t have the BNB chain already added to your wallet. You will need to go to settings and Add Network.

About Avocado DAO

Avocado DAO (Decentralized Autonomous Organization) is a collection of contributors that believe in the benefits of blockchain technologies and the metaverse. To advance those benefits, the Avocado DAO intends to undertake and facilitate a range of activities that initially will enrich the ecosystem of blockchain games as well as provide yield farming and content creation opportunities to their members.

Avocado DAO will focus on investing in current and future NFT (Non-Fungible Token) assets within games and emerging metaverses and lend the NFTs back to their guild members to optimize yield. The goal is to share the profits of the DAO. With the guild members and the owners of the $AVG token. And maximize the utility of all the NFT assets owned by Avocado DAO. Avocado DAO not only invests in NFT assets. It is also focused on growing and enriching a community. For virtual gamers to produce content as well as enjoy blockchain games.

Website | Twitter

SOURCE

https://avocadoguild.medium.com/how-to-bridge-avocado-dao-tokens-avg-from-ethereum-to-bnb-chain-5f027c4b695d

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