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Khanaires LLC, Winner of 2023 Dubai Crypto Expo Most Innovative NFT Project!



Sept. 20~21 2023, Dubai HQmena – The 2023 Dubai Crypto Expo was held where 38 countries and over 200 global projects participated.

Among the participants of the event, Khanaires made a new appearance in the market. Khanaires is a South Korean company that specializes in securitizing tangible/intangible assets. Their new registration in Dubai was announced at the Dubai Blockchain Expo 2023, and they introduced a new concept called ‘Prosumeller’ which is a new economic theory which is the basis of their new product called NFW and their new market of SEMI-DEFI.

We are more familiar with the word NFT. But what is NFW? NFT stands for Non-Fungible Token, and it means that something is unique and cannot be replaced by a certain price or value. Every NFT contains a digital signature which makes it unique. NFW (Non-Fungible Warrant) is actually the same, except it focuses on another function that all NFTs also have but are never used; warrant. NFW is buying and selling intellectual property with copyright security within the ‘Prosumeller’ economic theory. Unlike any other NFT in the world, the profit structure of NFW is backed up by patents and copyrights that are owned by Khanzzang, the owner of Khanaires, himself. His patents and copyrights are very powerful IPs which are game changers in the world market. Because of this powerful tool, NFW holders are able to receive special types of royalty that the market has never expected.

What is SEMI-DEFI? The crypto world has had many changes and evolutions in terms of technology, and decentralized finance is the concept that changed the market. Using smart contracts, developers have come to enable a sophisticated dapp that allows people to convert certain tokens into another, just like exchange sites; except they are decentralized. These platforms have announced their projects and also were able to sell their native tokens into the market. However, these actions have been questioned by the SEC for security issues. Khanaires focused on solving this problem since 2018. Their product, NFW, has the same function of royalty distribution but is focused not only on transactions but rather on the dividends incurred by copyright and patent royalties that are connected to their products. Their main service, Khanteum, is an app that resembles YouTube or TikTok where anyone can upload their talents and values into a video format and receive sponsoring by receiving a PUSH which is recharged by viewers of that platform. The prosumeller concept is used in this structure, and there is one more concept that is added; this platform only allows national fiat to be traded to recharge their currency. They call this new concept ‘SEMI-DEFI‘. Adapting this same method, they have been selling their NFTs, and have been paying taxes to the Korean government for 5 years; VAT and other income taxes. 5 years of fiat trading, and loyal tax payments have allowed them to conduct their NFT sales without worrying about securities issues. They call this new method the next solution to legalizing the de-fi concept, the SEMI-DEFI.

Khanaires, which has been selling its products in South Korea, has been crowdsourcing the voting process for Khanaires’ products through SNS by Khanzzang, the creator of the economic theory ‘Prosumeller’, and their 15,000 members. Since 2018, based on the invention patent of the ‘Auction Type Forward Trading System’ and the patent of the ‘Method of Sharing Receivable Rights’ derived from intangible assets, they have generated more than 65,000,000 USD in added value and income for members over the past 5 years. In the process, they have announced the world’s first achievement of fully paying all value-added taxes and other income taxes without applying securities transaction tax or dividend income tax.

Prosumeller is an economic model in which consumers source ideas from the crowd as producers, and companies outsource the development of members’ ideas into products so that members make all the products themselves and share the profits. Khanaires has been servicing the Khanteum app, which incorporates the Prosumeller economic theory, for five years in Korea, and has registered Khanaires LLC in Dubai on the occasion of this Crypto Expo to globalize the Khanteum service.

Khanaires’ economic activity over the past five years in South Korea was the first demonstration of SEMI-DEFI, free from the securitization judgments that financial regulators have imposed on the global crypto industry. For this achievement, the company won the ‘Best Innovative NFT Marketplace’ award on the final day of the competition at the 2023 Dubai Crypto Expo, which was well-received by the judges and many Expo attendees.


KHANAIRES, a South Korean company introducing the concept of SEMI-DEFI to the world community with its PROSUMELLER ECONOMY THEORY. It introduces the new approach of NFTs as NFW (non-fungible Warrant) along with its registered patents ” 2016 Contention – Type Forward Transaction System” and “Online Sharing System For Warrant to Receive and Sharing Method of Receivable Rights” which are connected patents.

KHANAIRES is successfully implemented and paying taxes in Korea for last 5 years. It successfully clears the problems of the securities issues and implements NFW to trade in l fiat currency. This has been a revolutionary innovative concept in the markets of Crypto Currency and DEFI concepts.

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Cryptocurrency Market Update: Bitcoin Slips Below $70,000 Amidst High Liquidation




In a swift turn of events, Bitcoin (BTC), the pioneering cryptocurrency, dropped below the $70,000 threshold early on Wednesday following a wave of investor sell-offs. Just a day prior, Bitcoin had crossed the $71,000 mark, but market sentiment swiftly shifted, dragging other major altcoins—including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC)—into the red zone.

According to CoinMarketCap data, the overall Market Fear & Greed Index stood at 75 (Greed) out of 100, indicating a mix of optimism and apprehension among traders. Notably, the Bittensor (TAO) token emerged as the top gainer with a remarkable 24-hour surge of over 7 percent, while dogwifhat (WIF) experienced the largest loss, plummeting nearly 16 percent.

Bitcoin (BTC) Price Update Bitcoin’s price tumbled to $69,089.01, marking a 24-hour dip of 3.05 percent, as reported by CoinMarketCap. On the Indian exchange WazirX, BTC was priced at Rs 60.93 lakh.

Other Major Cryptocurrencies Ethereum (ETH) saw a 24-hour loss of 4.81 percent, trading at $3,508.86, while Dogecoin (DOGE) registered a dip of 5.59 percent, currently priced at $0.1879. Litecoin (LTC) and Ripple (XRP) also experienced losses, with Solana (SOL) marking a 24-hour loss of 3.44 percent.

Top Gainers and Losers Bittensor (TAO) led the pack of gainers with a 7.30 percent surge, while dogwifhat (WIF) suffered the most significant loss, dropping by 15.58 percent.

Market Analysis and Expert Insights Experts weighed in on the market scenario, attributing Bitcoin’s downturn to heightened liquidations and cautious sentiment ahead of the upcoming US CPI data release. While Bitcoin’s immediate support rests at $67,700, resistance is expected at $70,400. Ethereum proponents face challenges amid hopes for an ETF approval, with the SEC providing limited updates on the matter.

Final Thoughts The cryptocurrency market remains highly dynamic, with prices fluctuating rapidly and investor sentiment playing a pivotal role. As the market navigates through volatility, it’s essential for investors to stay informed, exercise caution, and seek expert advice before making any investment decisions.

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Cryptocurrency: A Scapegoat for Foreign Policy Failures?




Cryptocurrency has once again found itself at the center of a heated debate, this time regarding its alleged role in facilitating illicit activities and circumventing sanctions imposed by the United States. The Biden administration, in particular, has come under scrutiny for its handling of the issue, with some accusing it of using digital assets as a convenient scapegoat for broader foreign policy shortcomings.

In a recent hearing before the Senate Banking Committee, Deputy Treasury Secretary Wally Adeyemo raised concerns about the misuse of cryptocurrencies by foreign adversaries such as Iran, Russia, North Korea, and militant groups like Hamas. Adeyemo’s remarks underscored a growing unease within the U.S. government regarding the potential national security implications of unregulated digital currencies.

However, voices from within the cryptocurrency industry and Congress have pushed back against the administration’s narrative. Faryar Shirzad, Chief Policy Officer at Coinbase, one of the leading cryptocurrency exchanges, pointed out that the prevalence of illicit activity in the crypto space is relatively low compared to traditional finance. Instead of demonizing cryptocurrencies, Shirzad argued, the focus should be on targeting bad actors operating offshore.

Senator Tim Scott, the ranking Republican on the Senate Banking Committee, echoed these sentiments, accusing the Biden administration of using digital assets as a distraction from its failure to effectively combat financial flows to sanctioned entities. Scott’s criticism reflects broader skepticism among some lawmakers about the government’s approach to regulating cryptocurrencies.

One area of potential agreement between the Biden administration and the cryptocurrency industry is the need for clearer regulations governing stablecoins, a type of digital asset pegged to a fiat currency like the U.S. dollar. Both sides recognize the importance of addressing the potential risks associated with stablecoin issuance and usage, particularly in the context of national security and financial stability.

The debate over stablecoins has intensified following reports of their alleged role in facilitating illicit transactions, including those linked to Russia’s war effort in Ukraine. The Treasury Department has called for increased oversight of stablecoin issuers and transactions, while also advocating for legislation that would subject them to stricter regulatory standards.

Despite the contentious nature of the discussion, there are signs of bipartisan cooperation on certain aspects of cryptocurrency regulation. A bipartisan bill addressing stablecoin regulation passed the House Financial Services Committee last year, signaling a potential path forward for legislative action in this area.

As the debate over cryptocurrency regulation continues to unfold, it is clear that finding the right balance between innovation and security will be paramount. While concerns about illicit activity and national security must be addressed, policymakers must also recognize the potential benefits of cryptocurrencies in fostering financial inclusion and technological advancement.

Ultimately, the resolution of these issues will require thoughtful collaboration between government officials, industry stakeholders, and lawmakers to develop a regulatory framework that promotes innovation while safeguarding against misuse. Only through constructive dialogue and cooperation can we ensure that cryptocurrencies fulfill their potential as a force for positive change in the global economy.

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Bitcoin Resurgence: Why Wall Street Is Embracing the Crypto Revolution




Andrew Pratt of Wiser Wealth Management in Marietta, Ga., finds little resistance as he proposes Bitcoin investments to his firm’s committee. With Bitcoin surging 140% in the past year and backed by giants like BlackRock, skepticism has waned. Pratt sees the potential to allocate a modest 1% of client portfolios to Bitcoin, acknowledging the limited downside risk compared to potential gains.

The debate over Bitcoin’s intrinsic value seems to have lost its relevance amidst its soaring market performance. Once dismissed, Bitcoin now boasts a market value of $1.3 trillion, driving the total crypto market to $2.5 trillion. Wall Street, once wary, now views cryptocurrency as an opportunity for profit rather than a speculative venture.

Despite lingering doubts about Bitcoin’s utility beyond speculation, Wall Street executives are increasingly supportive. BlackRock’s CEO, Larry Fink, notably reversed his stance, endorsing Bitcoin’s long-term prospects and championing the iShares Bitcoin Trust, now one of the largest Bitcoin ETFs with nearly $18 billion in assets.

While skepticism persists about Bitcoin’s status as a real asset or currency, its growing acceptance on Wall Street underscores the evolving landscape of finance. As institutions embrace cryptocurrencies, Bitcoin’s journey from pariah to portfolio asset highlights the transformative power of digital assets in reshaping traditional investment strategies.

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