GM! Let’s have a laugh at this week’s topical memes.
Coinbase Super Bowls.
Free NFTs!
HODL
Random memes this week
Doge meme of the week!
Tune in next Friday for more meme mayhem!
Categories
Crypto Memes of the Week – Feb 18
Author: Crypto News Australia
Crypto News Australia provides you with the most relevant bitcoin, cryptocurrency & blockchain news.
Australia’s popular cryptocurrency exchange Swyftx has made sporting history, inking a three-year partnership with the National Rugby League (NRL) to become its exclusive crypto exchange partner.
Swyftx’s NRL deal is the code’s inaugural crypto exchange sponsorship and represents a major investment across a three-year term, with options to continue until the end of the 2026 season.
Brisbane-based Swyftx is now the NRL’s official crypto exchange partner, capping a period of extraordinary growth for the company that was founded by friends Alex Harper (27) and Angus Goldman (27) in 2018. Mr Harper and Mr Goldman developed Swyftx while living in a share-house and have since grown the company into a thriving international exchange.
Swyftx CEO Ryan Parsons, a lifelong Canberra Raiders fan, said the sponsorship is further indication of the increased acceptance of digital assets as mainstream investments.
This is a defining partnership for the NRL and Swyftx and represents a major milestone for the Australian crypto industry.
Swyftx CEO Ryan Parsons
“Our Brisbane office overlooks the cauldron, Suncorp Stadium, and many of our staff walk to the ground after work to watch the NRL Telstra Premiership or Ampol State of Origin.
“It’s now clear that crypto and digital asset investing forms part of a typical portfolio, and it’s great to see Australians embracing this new technology.”
Swyftx’s partnership with the NRL will support the NRL and NRLW games, finals, and State of Origin series as well as the All-Stars games.
We’re excited to welcome Swyftx as a major partner. Swyftx is an Australian business that operates on a global scale and there are unique ways for our partnership to benefit both organisations.
NRL Chief Executive Andrew Abdo
“We have a diverse fan base and Swyftx brings an opportunity to promote the game to a wide audience.”
The Swyftx name will appear on LED signage in stadiums and virtual signage broadcast to more than 100 million viewers per year.
In-Game Review Board Renamed ‘Swyftx Bunker’
The Australian exchange will also be the naming sponsor for the NRL’s decision board, with the ‘Swyftx Bunker’ being introduced in 2023.
“More than 3.5 million people tuned in to see the Panthers win last year’s decider and the NRL’s viewership has increased dramatically in the past 18 months,” Mr Parsons said.
“We have great alignment with the NRL and are a proud partner. At Swyftx we’re a customer-first business at the forefront of an innovative industry. The NRL has continued to evolve and taken the game to new levels with their innovative rule changes to improve gameplay over the past couple of years.
“Beyond that, I couldn’t have been more impressed by the way Peter V’landys, Andrew Abdo and the entire NRL got the game back up and running, the first sport to do so, during the early days of COVID. That commitment to the game and the rugby league community was inspiring.”
Swyftx is the country’s top-rated and fastest-growing Australian-owned crypto exchange, with more than half a million customers across Australia and New Zealand.
The exchange also supports trading in more than 300 digital currencies and is growing rapidly with 180 staff on board and a hiring rate of one new staff member every day.
If you listen to enough Bitcoin podcasts you’ll almost always hear discussions about DCA (dollar-cost-averaging) or stacking Sats. Everyone in this space has figured out that saving in fiat is not getting them anywhere due to inflation, so they’ve turned to bitcoin.
HardBlock Bitcoin Exchange have just launched an Automated Bitcoin Savings Plan, including a 99 Sat withdrawal fee, designed to make DCA as simple as possible. We’ve made it easier and cheaper to save with hard money.
But what about Bitcoin’s eye-watering volatility? Surely it’s better to buy the dip, or maybe trade in and out? Listen to a few more bitcoin podcasts and you’ll come across a guest who passionately talks about DCA for a whole episode. We spoke with one such bitcoiner (Friar Hass) to get his insights on why DCA is the best way to save with bitcoin:
Hardblock: Most people want to buy bitcoin when the price dips. How do you explain the benefits of DCA over trying to time the market?
Friar Hass: The first time I bought bitcoin, in Oct/Nov 2013, I bought 19 dips before it stopped dipping. The best thing is not to be arrogant and think you know everything and instead just work hard and stack slowly. When the price rips, it rips hard and doesn’t last long. It’s hard to resist the FOMO. Salvation is promised to the stackers, the stats are undeniable.
Hardblock: What do you see as the risks for a user who saves with bitcoin over a period of years and decades?
Friar Hass: The main risk is that people call us a cult and religion. Everyone has their own interpretations of the sacred text. Some key rules are:
- Everyone has the right to send value.
- Everyone has the right to be self-sovereign.
- Fixed 21 million supply cap.
Is bitcoin going to zero? Is Christianity going to zero? Is Islam going to zero? So long as people believe it’s not going to zero, then it won’t. All religions keep a copy of their holy book at home, I keep a copy of the blockchain. An army of savers is not just doing charity to themselves, they are doing charity to the world. They’re boot-strapping a new economy. Salvation is promised to the stackers. No army can stop an idea whose time has come. I think the idea to have freedom and sovereignty over wealth has come. If the government starts being responsible with its money and allowing users to be self-sovereign, then yes, bitcoin could go to zero. History has shown us this is very unlikely though. Plus, one of the valuable attributes that bitcoin has is its immaculate conception; no other crypto or fiat currency can ever replicate that. The chance of a 51% attack is also long gone; we just had a massive drop in hash-rate after China banned bitcoin mining and nothing happened.
Hardblock: Bitcoin’s historical performance includes its origin where it started from zero; how do you estimate its future return?
Friar Hass: Due to the way fixed supply works, if me and 2% of the world’s workforce decided to save 10% of our income in bitcoin, because of that daily attrition, all the bitcoin will end up in the hands of savers, and the only bitcoin left will be the new coin issuance from mining. Eventually you will wear out the traders, and there will only be coins left in strong hands. I agree with Michael Saylor – the S curve price will go up forever, although it will eventually slow down to 1% a year. If you discount the early years, bitcoin’s price growth is freakishly consistent at 60-70% CAGR (compound annual growth rate), and I would expect it to be 40-50% for the next decade.
Hardblock: Any final thoughts?
Friar Hass: Work hard, stack slow. There are no shortcuts. Stick to your beliefs, stick to your guns. Be proud of whatever you manage to stack for yourself. Don’t wish you were in bitcoin earlier.
Ready to start stacking Sats? With HardBlock, you can set up your account once and then send bitcoin from your bank to your hardware wallet without lifting a finger.
Find out more here.
Zipmex Australia’s low trading fee platform started the Chinese New Year with a bang in its Asian-Australian communities. In the spirit of the season, Zipmex handed out red envelopes, known as ang bao, with a Bitcoin gift.
Ang Bao AKA a ‘red envelope’ is a traditional gift of money inserted into an ornate red pocket of paper. This is beautifully represented in the leaflets designed by Zipmex to symbolize the energy, happiness, and good luck Chinese & Asian cultures incapsulate during Chinese New Year celebrations.
To add to the celebrations, this Zipmex crypto ang bao comes as a gift voucher where users can QR Scan the code on the back of the leaflet and allow users to easily redeem their reward on the Zipmex platform after the promotional period. Claim yours: https://cnyau.zipmex.com
For one customer it will be a very lucky Lunar New Year with 1 ang bao worth AU$ 8,888 of Bitcoin. All users who claim their ang bao gift and complete their account registration will go into the draw to win the major prize.
Once all registrations are complete, new users can expect to receive AU$ 20 worth of Bitcoin if they have not been selected for the major prize. This signifies the ‘lucky’ feeling of winning the minor prize to bestow more happiness and blessings from Zipmex.
The promotion embodies the Chinese New Year tradition of prosperity, luck and good fortune as users kickstart their crypto investments with Zipmex. What a way to start the Year of the Tiger!
Signing up on the Zipmex platform only takes a few minutes through the website or app (available on IOS and Google Play). Once completed, users can expect to receive an airdrop of the reward after the promotional period has ended.
Zipmex is excited to support Zipsters with their crypto investments providing a variety of opportunities in the digital assets industry. The innovative platform provides financial access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.
Users can expect to see more upcoming promotions this year as the company strives for exponential growth with more community engagements, product development & collaborations. So why not unleash the Year of the Tiger with Zipmex!
If you haven’t been able to get your hands on one of our ang baos you can claim yours online before February 28th at https://cnyau.zipmex.com
Zipmex is Southeast Asia’s fastest-growing digital assets platform with a focus on providing retail and institutional investors with the tools and convenience to trade digital assets securely.
Culture Vault has an impressive roster of local and international artists including Reko Rennie, Shantell Martin, Serwah Attafuah, Adam Briggs, Romance Was Born and Stephen Ormandy.
Culture Vault – a new curated platform and creative agency that presents and sells high-quality NFTs and helps artists and cultural brands navigate the blockchain – launches its Web3 platform this month followed by a physical-meets-digital (phygital) exhibition called “The Future is Phygital”, presented at Sydney’s Verona Studios from March.
The Culture Vault platform (Culturevault.com) has been purpose-built to bridge the gap between the traditional art world and the crypto community. It consists of a curated platform and creative agency, offering a one-stop shop for both first-time NFT buyers and seasoned digital art collectors to acquire a curated selection of premium NFTs from some of the world’s leading artists. Culture Vault’s creative agency works with cultural brands and institutions to create, mint, sell and display their NFTs on chain – helping them to drive revenue, and foster community engagement and connection in new ways.
The platform will include NFTs by artists and creatives including Reko Rennie, Shantell Martin, Adam Briggs, Romance Was Born, Serwah Attafuah, Bianca Beers, Stephen Ormandy, Mona Chalabi, Dan Hong, The Richard Bernstein Estate, Thea Anamara Perkins, Sebastian Leon, Fallen Fruit, Dylan Mooney, and The Huxleys.
The curatorial direction of the platform is led by Arts-Matter, an arts and cultural programming platform which has relationships with many of Australia’s leading cultural figures. Culture Vault curates a selection of premium NFTs created by leading artists spanning the cultural gamut – from fine art to film, music, dance, graphic design, architecture, sculpture, food and fashion.
The excitement around NFTs is undeniable, and over the last year we’ve seen an increasing number of artists and brands wanting to jump on the blockchain bandwagon. To date, finding high-quality digital art while trying to navigate crypto technology can be frustrating and confusing. Enter Culture Vault – a platform purpose-built to bridge the gap between the traditional art world and the crypto community. We think Culture Vault has the unique ability to combine insider art-world knowledge and accessibility with a deep understanding of crypto technology and the D-gen community
Sean Tolkin, CEO and founder of Aus Merchant and co-founder of Culture Vault
The platform can give artists and collectors crypto advice, tackling the issue of how artists and brands should best manage their royalty payments. “Some of our artists want to keep their newly earnt royalties in crypto and others want liquidity, in which case we give them the opportunity to immediately cash out into fiat,” says Sean Tolkin, CEO/founder of Aus Merchant and co-founder of Culture Vault. Culture Vault’s holding company is Aus Merchant, a Sydney-based crypto currency exchange specialising in investment management, secure wallet infrastructure and a crypto payment gateway. “Aus Merchant’s expertise in compliance means that Culture Vault has a team dedicated to making sure their artist’s funds are secure, and purchases are legitimate and above board,” Tolkin adds.
Culture Vault’s inaugural physical exhibition, “The Future is Phygital”, will present a selection of NFTs created by 12 of its founding artists. The digital artworks will be displayed on framed digital screens, allowing cultural enthusiasts and NFT collectors to transcend the online format. Guests will be able to purchase NFTs through QR codes at the exhibition, while enjoying live performances and music by special guests.
Culture Vault is set apart from other NFT platforms in its dedicated professional support for artists and brands to assist with their entire crypto journey – from setting up their smart contracts and crypto-wallets, to advising them on pricing and edition numbers, paying their gas fees, minting their NFTs, instructing them on how to use Discord (the social media platform preferred by the crypto community), and providing them with an opportunity to cash out their royalties into the currency of their choice.
“When we built Culture Vault’s Web3 platform, we identified a few key priorities – ease-of-use, the environment, putting our artists first, and being welcoming to non-crypto-natives,” says Sam Linas, managing director and co-founder of Culture Vault. “Our site is designed so traditional art world collectors can easily navigate the space, but the crypto natives will appreciate our leading tech and functionality.”
“The Future Is Phygital” will be open to the public in March at Verona Studios, 17 Oxford St, Paddington, Sydney from 10am-5pm. Works will be available for sale ranging from A$250 (approx 0.05 ETH) to $250K (approx 50 ETH).
Categories
Crypto Memes of the Week – Feb 4
GM! Let’s have a laugh at this week’s topical memes.
Deep breaths.
India welcomes crypto
Random memes this week
Doge meme of the week!
Tune in next Friday for more meme mayhem!
Art NFT collections are propelling the art world into the modern age using the power of blockchain technology. Cultural art collectors can now own digital artwork as NFTs (non-fungible tokens) to verify ownership and display them in virtual galleries.
Digital Art’s New Frontier
2022, the art industry is now entering a new digital age, allowing artists to create and sell their pixel based art and 3D animations from anywhere around the world. We have seen a dramatic rise in the number of art NFT projects fueling a new appetite to modern art. Not only are there new opportunities for artist to sell, but NFTs also offer the possibility for collectors to purchase art at online auctions and also resell in secondary NFT marketplaces.
Enter Cultural Art
Cultural art focuses on making art from cultural traditions to highlight traditional forms of style and artistic expression. To help you discover great new digital cultural art we’ve compiled a list of ten popular collections from around the globe.
1. Beeple
Mark Winklemann, better known as Beeple, is a giant in the NFT space. One NFT collage propelled Beeple into the record-breaking spot of “third most-valuable living artist” with his piece selling for US$69 million.
The American-based artist has both an extensive and well-deserved net worth and social media following. His collection of work is immense, with individual pieces embracing sci-fi and steampunk themes. The works are composed of bright, fluorescent colours, and are truly intriguing to look through. Some of these individual works have been compiled to form the collage that boosted Beeple into the public eye.
2. Hashmasks
Hashmasks is unique in the sense that the collection has been put together through the efforts of 70 different artists. Each of the NFTs in this collection are “the first travellers of Earth”, and comprise various masks, skin and eye colours, and props. The masks have taken strong inspiration from the 1980s works of Jean-Michel Basquiat.
According to the creators, the Hashmasks “forgot their names by the time they arrived to Earth”. This allows collectors the unique opportunity to name their own Hashmasks. To do so you will need to be in possession of name-changing tokens (NCT) – the native Hashmasks currency.
3. XCOPY
Though the real artist behind the XCOPY name remains anonymous, we do know that XCOPY is a London-based creator presenting a series of distorted visual loops. These somewhat disturbing, yet intriguing, GIFs established XCOPY as one of the pioneers of the cryptocurrency art scene.
If you are sensitive to flashy imagery, XCOPY may not be the artist for you, with quick-moving pixels and bright colours creating truly mesmerising art pieces. You may either not be able to look for too long or have trouble looking away. As for the imagery itself, the pieces are quite dystopian with most featuring macabre, distorted faces. This collection won’t appeal to everyone but there is evidently an immense amount of skill and thought behind each piece.
3. Blake Kathryn
Blake Kathryn’s work has found a balance between the conceptual and the commercial. Exploring the music, fashion and tech industries, her pieces are extremely ethereal and dreamlike. Kathryn’s vibrant futurist aesthetic is easy to get lost in.
The Los Angeles-based artist’s multidimensional creations have led to several high-profile collaborations across various industries, some of which include Fendi, Smirnoff, Jimmy Choo, even Paris Hilton. Kathryn’s collection feels like scenes from an open-world RPG, which may be due to her main inspirations being science fiction, anime, cinematography and architecture. She is currently working to raise awareness for lesser-known creators.
5. Giant Swan
Giant Swan is a Melbourne-based artist utilising virtual reality technology to explore 3D sculpting. His pieces truly are captivating; featuring glass-like consistencies, they often depict humanoid figures in various surreal backgrounds. Giant Swan creates these environments through extensive depth experimentation and repetitive layering.
Outside of Giant Swan’s NFT creations, he has been an art and experience director for several projects, recently having his works displayed in Melbourne, Miami and Shanghai exhibitions.
6. Mad Dog Jones
Micah Dowbak, aka Mad Dog Jones, operates out of Ontario, Canada, to create beautiful cyberpunk-style pieces of the mundane. Described as bringing a “fresh thematic to the metropolitan aesthetic”, Mad Dog utilises Japanese animation style to make the ordinary seem extraordinary.
His pieces begin as a rendered hand-drawn image or photograph, which is then illustrated over to achieve a gorgeously colourful aesthetic. Mad Dog’s fame extends beyond his NFT success, however. He has had several collaborations with high-profile names including Connor McGregor, Maroon 5, the Jabbawockeez, and Run the Jewels.
7. FEWOCiOUS
FEWOCiOUS takes the spot in this cultural art NFT collections list as the youngest artist. At only 17, high school student Victor Langlois found success and, a year later at just 18, FEWOCiOUS has become the third-best-selling NFT artist.
Langlois’ art is said to “create snapshots of [his] memories and a mirror into [his] heart”. Originally, Langlois used art in middle school as a tool to beat boredom, which soon turned into a means to process growing up. FEWOCiOUS’s pieces are caricatures consisting of bright colours and linework – carrying over his childhood interest in doodling and transforming it into sought-after artworks.
8. Refik Anadol
Inspired by the landscapes of Blade Runner, Refik Anadol uses AI, architects, musicians, neuroscientists and data scientists to develop his works. Combining the physical and virtual worlds, Anadol presents kinetic artworks that appear to have the consistency of sand.
Recently, Anadol has collaborated with NASA, using millions of the space agency’s photographs and inputting them into AI technology to result in an AR sculpture and an NFT room. The immersive technology of this NFT room is making history, such a room allowing viewers to simultaneously interact with technology, space, and art.
9. Hackatao
The name Hackatao itself has a meaning as distinctive as the art pieces the so-named artist creates, with ‘Hack’ standing for discovering what is hidden under the skin, and ‘tao’ meaning yin and yang. Hackatao’s works encompass some of the main issues plaguing society, the environment, and crypto. They also explore art, psychology and history through the various symbols in the collection.
The bulk of Hackatao’s works consists of humanoid creatures called ‘podmorks’, decorated with doodles. Most of the podmorks are feminine creatures and come in GIF style, moving gently on loop.
10. Coldie
Coldie, an award-winning artist featured among an array of exhibitions, conferences and auctions, has a collection of stereoscopic 3D art built around the face of billionaire Warren Buffett. The imagery is subject to digital distortion and offers a comic-like vibe.
Coldie’s collections are blockchain-themed, aiming to offer a visualised representation of the “disruptive industry”. The main theme listed behind the Warren Buffett collection is the billionaire’s investment in gold without recognising the digital value of Bitcoin – which Coldie describes as “digital gold”.
Conclusion
NFTs are providing a plethora of opportunities to artists and buyers alike. Traditional artists can transform their work into NFTs, allowing them to grow their fanbase and increase their buyer pool. Collectors, on the other hand, can visit the works of artists on the other side of the globe and expand their collections into the digital world.
If you are new to the concept of NFT collecting, you can start smaller. NFTs cater to various budgets, and you don’t have to start at the top to become a collector. Alternatively, you can now own NFTs in video games and across various other intriguing projects. Regardless, NFTs are seeing extreme growth of late, moving away from the niche into the mainstream. This is a space that rewards creativity and provides an inherent feeling of community to those involved.
Cultural art collections are expanding in this digital community, connecting more artists than ever before. Anyone with internet access and an artistic mind can leverage the blockchain however they see fit. This list merely offers you an idea of what can be done with NFTs, allowing you to enter the space with the confidence you need to complete further research. This space is a completely new approach to the art industry, and understanding the founding pillars will help you to positively interact with art globally.
In this article we take a look at important crypto dates and events happening in February 2022.
The selected events include Hard Forks, Partnerships, Announcements, Rebranding, Exchange Listings, Releases, Token Swaps, Important Airdrops, Conferences and more.
Crypto News Partner Events and Announcements
| Date | Event | Note |
| 1 Feb | CoinJar adds CRO, IMX, BICO | New cryptos added to CoinJar exchange. |
| 1 Feb | Coinstop Introduces the Ledger Nano S Color Edition | Keep your crypto safe in style with some new coloured Nano hardware wallets. |
| 5 Feb | Culture Vault NFT Platform Launch | Culture Vault is an Australian-based project that works with artists to create, mint and sell premium NFTs. |
| 28 Feb | The Crypto Den Live Trading Course | Learn how to trade from the local experts on live zoom sessions, twice per week from Feb 28 to Apr 13. |
Upcoming Crypto & Blockchain Conferences
| Date | Event | Location | Notes |
| 9 Feb | Formal Verification QBFT Consensus Protocol | Online | Australia, Brisbane, Ethereum Engineering Group. |
| 17 Feb | Monthly Meetup | In Person | Australia Blockchain Alliance, Brisbane. |
| 25 Feb | MIT Fintech Conference 2022 | Online, In Person | One of the largest student-led conferences across the globe, the MIT FinTech Conference has brought together 2,000 participants from over 60 countries to explore disruption and innovation within FinTech. |
| 1-3 March | APAC Blockchain Conference 2022 | Online, In Person | Developed in partnership with Blockchain Australia, APAC Blockchain Conference is the annual meeting place for Australia’s blockchain community and other curious minds from across the region. |
Important Cryptocurrency Events
| Date | Coin | Event | Notes |
| 1 Feb | Theta Network (THETA) | TDROP Launch | Theta is introducing a new TNT-20 token, TDROP, natively built on Theta blockchain that rewards NFT liquidity mining … February 1. |
| 1 Feb | Dusk Network (DUSK) | Public Testnet Launch | The Dusk team is committed to launching our public Testnet on February 1. |
| 1 Feb | COTI | COTI Trasury Launch | Treasury is only available using a VIPER wallet and Native $COTI. |
| 3 Feb | Peachfolio (PCHF) | Polygon Integration | Peachfolio integrates Polygon in both the upcoming PeachHub and the smartphone app. |
| 7 Feb | Harmony One (ONE) | Bitcoin Bridge | Native Bitcoin on Harmony via Interlay’s XCLAIM approach. |
| 8 Feb | Seedify | Seedify Upcoming Toyoverse IGO | Participate in IGOs and Private Sales for New Metaverse Gaming Projects. |
| 13 Feb | Ethereum Classic (ETC) | Mystique on Mainnet | MainNet hard-fork. |
| 13 Feb | DSLA Protocol (DSLA) | DSLA Metaverse NFTs | A limited drop of 101 DSLA digital collectibles (NFTs) from the inaugural DSLA Metaverse collection. |
| 14 Feb | Harmony One (ONE) | Trustless Ethereum Bridge | Bridge for applications to access assets on Ethereum while enjoying fast transactions on Harmony. |
| 21 Feb | IOST (IOST) | Q1 & Q2 Roadmap revealed | IOST Roadmap includes cross-chain support, partnerships and more. |
| 28 Feb | Bluezelle (BLZ) | Harrison Mainnet | Roadmap includes Cosmos and cross-chain support, Oracles and Polkadot support. |
Categories
Crypto Memes of the Week – Jan 28
GM! Let’s have a laugh at this week’s topical memes.
Turbulence.
NFT memes
Random memes this week
Doge meme of the week!
Tune in next Friday for more meme mayhem!
Litherium follows the giant step of Elon Musk’s new energy strategies in Western Australia
Litherium Australia Mining is a professional mineral exploration and mining broker service company headquartered in Western Australia that seeks new energy-related mineral resources for global mining developers. In 2021, with the support of SMK Partners & Associate, the group issued the Litherium token (LITH).
Litherium Australia Mining successfully acquired a strategically important nickel sulphide mine on January 8, 2022. The new tenement (E69/3371) is located in Rawlinna, Western Australia’s southern region, near the Kalgoorlie main mining site, and is also one of the mining belts in which Nickel West, a subsidiary of BHP Billiton, is located.
Australia has the world’s largest nickel reserves (24%), estimated to be 19 million tonnes. Western Australia is currently Australia’s sole nickel producer. The state’s nickel resources include nickel sulphide ore and laterite nickel ore, and most of the output comes from nickel sulphide ore.
The first major nickel sulphide deposit in Western Australia was discovered at Kambalda, just 400 kilometres from the newly acquired tenements, by Litherium Australia Mining. Litherium Australia Mining laid out nickel sulphide mines on new mining rights as early as 2015. The group’s foresight of energy development trends enables it to quickly grasp the general trend of new energy development and aid in the development of new energy in Western Australia.
The new tenement is located near the large Kalgoorlie exploration area, which is home to world energy tycoons such as BHP, Rio Tinto, and Fortescue Metals Group (FMG).
BHP began acquiring a large number of mineral rights in this area in 2019 and vigorously deployed nickel ore energy reserves.
With the implementation of the global decarbonisation concept, low-carbon and environmentally friendly new energy vehicles have gradually gained prominence, and market demand for lithium batteries used in automobiles has risen tremendously. According to the Deloitte research report, global lithium battery market demand is expected to reach 122.3 billion watt-hours in 2025. The price of lithium battery raw materials continues to rise, the lithium battery sector is growing rapidly, and the development of new energy is unstoppable, with nickel sulphide as the primary raw material ushering in a new era. Nickel is an indispensable raw material in the manufacture of ternary lithium batteries.
In general, the higher the nickel content, the higher the energy density of the battery cell, thereby improving the cruising range of electric vehicles. Nickel resources are relatively scarce when compared to lithium. It is also a hot spot for new energy companies to improve their layout and competition.
Tesla, a world-renowned sustainable energy company, has urged global nickel miners to increase their mining volumes, according to Reuters.
Reuters also quoted sources as saying that Tesla could finance the project, possibly in exchange for equity. All of the above show Tesla’s favour and desire for high-nickel battery materials.
Since then, Tesla has signed major contracts for nickel ore with many mining companies around the world, such as Prony Resources, Giga Metals, Talon Metals, etc.
Mr Xiao (executive director of Litherium Australia Mining Pty Ltd) announced on 2022 Metaverse Forum
On July 22, 2021, Tesla and BHP signed a nickel supply agreement. Nickel West, a subsidiary of BHP, supplies Tesla with nickel as a raw material for battery manufacturing. Tesla is a globally recognised manufacturer of electric vehicles and battery energy storage systems. This cooperation is also a recognition of the nickel ore reserves and ore quality in the Western Australia mining area.
Elon Musk has also said that Tesla expects global sales to reach 20 million vehicles by 2030, and is confident of maintaining a growth rate of at least 50% in deliveries. If this target is prepared, Tesla may also need to purchase more nickel to meet its battery production.
In addition to Tesla, LG Energy, a leading Korean battery company, has long cooperated with Australia’s nickel-cobalt smelting company to ensure continuous nickel supply for the next 10 years.
As BHP Chief Commercial Officer Vandita Pant said: “It is estimated that demand for nickel in battery manufacturing will grow more than fivefold over the next decade, primarily to support the world’s growing electric vehicle market.”
Litherium Australia Mining successfully completed the acquisition and transfer of nickel ore mining rights this time, which will provide support for the development of new energy and low-carbon environmental protection, boost market confidence, and lay a good foundation for the company’s long-term business development.
It is reported that in the next stage, Litherium Australia Mining will conduct exploration on this new tenement and determine the drilling target area for preliminary exploration through detailed geological mapping, ground magnetic surveys and gravity measurements.
Litherium Australia Mining first disclosed the tenement layout at the 2022 Metaverse Forum and joins the exploration of nickel mining over the next four years
The 2022 Metaverse Forum was divided into English and Chinese sessions, and held in Crown Perth. Amid the Covid pandemic, more than 120 guests from various fields – including business brokers, financial planners, legal advisers and the local crypto community – came to the venue to experience the charm of the Metaverse. At the same time there was a live webcast, and more than 10,000 users around the world participated.
In the English session in the morning, Mr Keith, Meta brand ambassador of Facebook’s Asia-Pacific region, introduced the development of the Internet since Web 2.0 to the guests and explained the use of blockchain technology and metaverse technology in music and gaming. Applications in finance and other fields showed how international companies such as Meta, Google, Microsoft, etc are deploying the metaverse. The audience also actively participated, and the atmosphere was relaxed and pleasant.
Dr Cheng, Project Director and Senior Partner of SMK Partners & Associate, also addressed the guests. It is understood that the company, under the banner of Meta-Fintech, uses the end of the blockchain as a basic framework to help companies solve their problems. Last year, SMK Partners & Associate assisted Litherium Australia Mining to issue the LITH token. This year, SMK Group also assisted an art organisation to launch Goggles NFT Marketplace, an NFT digital trading platform, to help companies that are keen on electronic arts and chain games to realise their entrepreneurial dreams.
Dr Cheng interacted with both online and offline audiences, answering questions about the metaverse, mining development, cryptocurrency, and so on. His speech and lively conversations often prompted the audience to burst into applause and laughter.
Mr Tony, IT Director of the SMK Team, took the lead with his opening speech. From a technical point of view, he introduced blockchain technology to the audience and how its “unforgeable, traceable, open and transparent” feature can effectively prevent fraud and data tampering, greatly improving the security of transactions.
Mr Xiao Ziqiang, Executive Director of Litherium Australia Mining Pty Ltd, described how the group obtained a nickel tenement in the Nickel West mining belt of BHP with the help of SMK Group, and how to use smart contracts. He also explained the “decentralisation, transparency, and efficiency” advantages of blockchain technology combined with mining exploration, and demonstrated the strategic strategy of Litherium Australia Mining to deploy new energy and new materials such as lithium mines and nickel mines in Western Australia. The plan has created a model that perfectly combines mining entities and blockchain technology.
Follow Litherium on Twitter: @Litheriumgroup, Telegram: https://t.me/LitheriumLITH
(Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.)