PRESS RELEASE. Iskra is a web3 community gaming platform that has raised $40M from Korean tech giants Krust and Wemade, Netmarble and LINE Studio. It plans to host its first Token Generation Event on global exchange Gate.io. TGE will take place on Thursday, September 29th, 2022 at 9:00 UTC.
This TGE is a significant milestone for the project. Gate.io is proud to be a partner in this endeavor to create its ISK token value, provide global access, and to launch Iskra's main components. Iskra continues to make progress despite difficult market conditions and launched major components of its platform.
Eligible users can get up to 500,000 ISK Tokens as part of the Gate.io Startup Program. They can stake USDT beginning September 28th, 2022 at 6:00 AM UTC and continuing for 24 hours. Users can find more details on the Gate.io website (https://www.gate.io/startup).
Eugene Lee, CEO of Iskra, commented that "We are lucky to work with and launch one of the top ten trading exchanges in this world." Gate.io boasts over 10,000,000 users from over 224 countries, with an average daily trading volume of $12B +.
About Iskra
Iskra ( https://www.iskra.world ) is the Future of Play. Some of Korea's most prestigious technology and gaming companies have backed the Company. ISKRA's community-forward model aligns the interests of the community by rewarding its participants based on their participation and integrating sustainable tokenomic solution for game developers who join its platform. The Company also aims to bridge the gap between early adopters of web3 and mainstream users by combining enjoyment and sustainability with the most recent in blockchain technology.
About Gate.IO
Established in 2013, Gate.io (https://www.gate.io) is one of the oldest, leading cryptocurrency exchanges with over 10 million users worldwide, offering services including digital assets trade, decentralized finance, research and analytics, venture capital investing, labs, and more. It has been verified by the Blockchain Transparency Institute, (BTI) and consistently ranks among the top 10 cryptocurrency trading exchanges on CoinGecko based on trading volume and liquidity. Gate.io has been rated 4.5 by Forbes Advisor in the Best Crypto Exchanges 2021.
This is a press release. Before taking any action related to the promoted company, or any of its affiliates, or services, readers should do their research. Bitcoin.com does not assume any responsibility for any loss or damage caused by the content, goods, or services in the press release.
Frequently Asked Questions
Who has the gold in a IRA gold?
An individual who has gold is considered to be a “form of money” by the IRS and subject to taxation.
This tax-free status is only available to those who have owned at least $10,000 of gold and have kept it for at minimum five years.
Owning gold can also help protect against inflation and price volatility, but it doesn't make sense to hold gold if you're not going to use it.
If you are planning to sell your gold someday, it is necessary that you report its value. This can affect the capital gains taxes that you owe when cashing in on investments.
It is a good idea to consult an accountant or financial planner to learn more about your options.
Can the government take your gold
Your gold is yours and the government cannot take it. You have earned it by working hard for it. It belongs to your. There may be exceptions to this rule. You could lose your gold if convicted of fraud against a federal government agency. If you owe taxes, your precious metals could be taken away. You can keep your gold even if your taxes are not paid.
Can I have a gold ETF in a Roth IRA
While a 401k may not offer this option for you, it is worth considering other options, such an Individual Retirement Plan (IRA).
Traditional IRAs allow for contributions from both employees and employers. Another way to invest in publicly traded companies is through an Employee Stock Ownership Plan.
An ESOP can provide tax advantages, as employees are allowed to share in company stock and the profits generated by the business. The tax rate on money that is invested in an ESOP is lower than if it was held in the employees' hands.
An Individual Retirement Annuity (IRA) is also available. An IRA allows you to make regular payments throughout your life and earn income in retirement. Contributions to IRAs can be made without tax.
Statistics
- (Basically, if your GDP grows by 2%, you need miners to dig 2% more gold out of the ground every year to keep prices steady.) (smartasset.com)
- Contribution limits$6,000 (49 and under) $7,000 (50 and up)$6,000 (49 and under) $7,000 (50 and up)$58,000 or 25% of your annual compensation (whichever is smaller) (lendedu.com)
- This is a 15% margin that has shown no stable direction of growth but fluctuates seemingly at random. (smartasset.com)
- If you take distributions before hitting 59.5, you'll owe a 10% penalty on the amount withdrawn. (lendedu.com)
- You can only purchase gold bars at least 99.5% purity. (forbes.com)
External Links
cftc.gov
wsj.com
- Saddam Hussein's InvasionHelped Uncage a Bear in 1990 – WSJ
- Are you interested in keeping gold in your IRA at-home? It's Not Exactly Legal – WSJ
finance.yahoo.com
irs.gov
How To
Guidelines for Gold Roth IRA
Start saving as soon as possible to save for your retirement. Start saving as soon as possible, usually at age 50. You can continue to save throughout your career. It is important to invest enough money each and every year to ensure you get adequate growth.
Additionally, tax-free opportunities like a traditional 401k or SEP IRA are available. These savings vehicles allow you the freedom to contribute without having to pay tax on your earnings until they are withdrawn. These savings vehicles can be a great option for individuals who don't qualify for employer matching funds.
Save regularly and continue to save over time. If you aren't contributing the maximum amount permitted, you could miss out on tax benefits.
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By: Media
Title: Web3 Game Platform Iskra Raises $40M, Partners with Gate․io for Token Generation Event
Sourced From: news.bitcoin.com/web3-game-platform-iskra-raises-40m-partners-with-gate%e2%80%a4io-for-token-generation-event/
Published Date: Thu, 22 Sep 2022 05:00:38 +0000
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