Tokeniza Launches First Funding Round on Blocksquare’s RWA Launchpad to Democratize Access to Non...
Ljubljana, Slovenia, September 11th, 2024, Chainwire
Tokeniza, a pioneering platform focused on the tokenization of non-performing loans (NPLs), today launched its first funding round on the Oceanpoint RWA Launchpad, setting a new milestone in the world of blockchain-based real estate investment. This launch aims to revolutionize how retail investors access NPL opportunities, traditionally a market reserved for large institutions.
By leveraging blockchain technology and the Oceanpoint Launchpad—powered by Blocksquare—Tokeniza offers an innovative platform that enables investors to purchase fractional shares of tokenized NPLs, making the market accessible to a wider audience. The launch also introduces a new opportunity for the Blocksquare DAO community to stake their tokens while supporting the development of Tokeniza’s marketplace.
A New Era for Non-Performing Loan Investment
Non-performing loans are a vital, yet often misunderstood, segment of the financial market. Historically, these loans—backed by real estate—have only been available to institutional investors with significant capital. However, Tokeniza's use of blockchain technology changes that by offering fractional ownership of NPLs, reducing the capital required to enter this high-potential market.
“Our mission at Tokeniza is to democratize access to high-yield investments like NPLs while ensuring transparency and security through blockchain technology,” said Moises Segura, CEO of Tokeniza. “We are excited to collaborate with Blocksquare to bring this vision to life.”
The Oceanpoint Launchpad is a unique platform that enables projects like Tokeniza to gather support from the Blocksquare DAO community. If Tokeniza reaches its 100% funding goal, they will receive a 100% discount on Blocksquare’s tokenization SaaS solutions and services. This allows Tokeniza to launch its white-label marketplace solution and begin real estate tokenization operations, laying the groundwork for a fully-fledged Web3 real estate business.
Contributors to Tokeniza’s marketplace pool benefit from staking their BST tokens in Oceanpoint’s governance marketplace pool, generating passive income while supporting the growth of Tokeniza's new marketplace. With a minimum 6-month staking period, investors not only help foster innovation but also earn rewards for their support.
Key Features of Tokeniza’s Marketplace
- Fractional Ownership: Tokeniza makes high-yield investments in NPLs accessible to retail investors through fractional ownership.
- Real Estate Collateral: All tokenized NPLs are backed by real estate assets, offering added security.
- Targeted Returns: Tokeniza is aiming for returns exceeding 13%, making it an attractive option for high-yield seekers.
- Regulatory Compliance: The platform operates within the MiFID II regulatory framework, ensuring legal certainty for its investors.
- Liquidity and Flexibility: Investors can trade tokenized NPLs, providing a liquid market for these traditionally illiquid assets.
A New Chapter in Real Estate Investment
Tokeniza’s launch today marks a major step toward the future of real estate tokenization. By allowing retail investors to participate in a historically exclusive market, Tokeniza and Blocksquare Oceanpoint are leading the way in bringing Web3 innovations to real estate finance.
Join Tokeniza's Funding Round
Tokeniza’s first funding round is live now on the Oceanpoint Launchpad. Investors interested in being part of the future of real estate investing can stake their BST tokens and support Tokeniza’s innovative marketplace setup while generating passive income.
For more information, visit: Blocksquare Forum
About Tokeniza
Tokeniza is a platform dedicated to the tokenization of non-performing loans (NPLs), offering fractional ownership of NPL-backed real estate assets. By leveraging blockchain technology, Tokeniza aims to democratize access to high-yield investments, providing transparency, security, and liquidity in the traditionally opaque NPL market.
About Oceanpoint
Oceanpoint is a decentralized platform for real estate tokenization, powered by Blocksquare. It offers marketplace pools and staking opportunities, helping real estate projects gain funding and visibility through community-driven support.
Disclaimer: This release is for informational purposes only. It does not constitute financial or investment advice. All investments involve risks, and past performance is no guarantee of future results.
Website | X | Telegram | Blog | Facebook | Reddit | LinkedIn | Token overview
Ordinals Summit Partners With Inscribing Atlantis to Unveil Premier Bitcoin Event During Token204...
Singapore, Singapore, September 11th, 2024, Chainwire
● The collaboration between Inscribing Atlantis and Ordinals Summit 2024 marks a new chapter for Bitcoin events in Asia, with an unprecedented focus on innovation and community.
● Ordinals Summit x Inscribing Singapore 2024 will be held on September 17, 2024, at the National Gallery Singapore, commencing at 9:30 AM SGT.
● Positioned as the largest Bitcoin event during TOKEN2049 week, the summit will explore not only Ordinals but also fungible tokens, Runes, BRC-20s, Bitcoin scaling solutions, and the future of Bitcoin.
● The event, hosted at Singapore's historic National Gallery—formerly the Supreme Court—is expected to draw over 1,000 attendees.
Ordinals Summit x Inscribing Singapore 2024, the most anticipated event in the Bitcoin space to date, is set to take place on September 17 at the National Gallery Singapore. This landmark event, occurring during TOKEN2049 week, represents a significant partnership between the Ordinals Summit team and Inscribing Atlantis, promising a uniquely immersive experience within Asia's rapidly evolving Bitcoin ecosystem.
This year’s summit aims to push the boundaries of Bitcoin innovation by addressing not only Ordinals—digital artifacts (“Bitcoin NFTs”) inscribed directly onto the Bitcoin blockchain—but also a broader range of topics including fungible tokens, Runes, BRC-20s, Bitcoin scaling solutions, and the overall future of Bitcoin. As the largest Bitcoin event during TOKEN2049 week, it is poised to be a central gathering for the most influential voices in the industry.
The collaboration with Inscribing Atlantis—known for its meticulously curated events in cities like Amsterdam and Nashville—adds a new dimension to the summit, ensuring that attendees will have access to the latest developments and insights within the Bitcoin ecosystem. With over 1,000 participants expected, the event will be a focal point for the exchange of ideas, fostering innovation and collaboration on a global scale.
The summit will be hosted at the National Gallery Singapore, a building with a rich history as the former Supreme Court of Singapore, now transformed into a world-class art gallery. This iconic venue, where physical artifacts of cultural significance are preserved and celebrated, mirrors the essence of Ordinals as digital artifacts on the blockchain.
Just as the gallery curates and displays timeless works of art, Ordinals represent a new form of digital permanence, inscribed on the Bitcoin blockchain for future generations to appreciate and engage with. This parallel underscores the event’s commitment to exploring both the heritage and the future of Bitcoin.
An impressive lineup of speakers includes Casey Rodarmor, the visionary behind Ordinals & Runes; Erin Redwing, President of the Open Ordinals Institute; and Raph, representing the Ordinals Protocol. These industry leaders, alongside other influential figures, will engage in discussions that shape the future trajectory of Bitcoin and its related technologies.
“Partnering with Inscribing Atlantis elevates this year’s summit to new heights,” said David Lin, Co-founder of Ordinals Summit. “The synergy between our teams reflects our shared commitment to fostering innovation and expanding the Bitcoin Ordinals community."
“Inscribing Singapore is not just an event; it’s an exploration of the potential that Bitcoin Ordinals holds for the future of digital assets,” said Erin Redwing of Inscribing Atlantis. “We are excited to partner with the Ordinals Summit team to create a platform where innovation, collaboration, and community converge.”
For more information on Ordinals Summit x Inscribing Singapore 2024 and to stay updated on the latest developments, please visit https://www.ordsummit.com
About Ordinals Summit x Inscribing Singapore 2024
Ordinals Summit x Inscribing Singapore 2024 is a groundbreaking event that brings together the best and brightest in the Bitcoin Ordinals space. The event is the result of a strategic partnership between Inscribing Atlantis and the Ordinals Summit team, aiming to foster innovation and community within the blockchain industry. The summit will be held on September 17, 2024, at the National Gallery Singapore, featuring a lineup of leading experts, developers, and thought leaders from around the world.
Contact
For sponsorship and speaking opportunities: hello@ordsummit.com
Real Vision CEO & Wine Collector Raoul Pal Appointed to DVIN Labs Board of Directors (11 Sep)
New York, New York, September 11th, 2024, Chainwire
dVIN Labs, the development team behind the dVIN protocol, today announced the appointment of Real Vision Co-Founder & CEO and long-time wine enthusiast, Raoul Pal, to its board of directors.
David Garrett, Co-Founder & CEO of dVIN Labs, commented on the appointment, "Raoul has been a passionate supporter of dVIN from the beginning, sharing our vision of revolutionizing the wine industry through blockchain, data, DePIN, and tokenization. His extensive network, passion for wine, and deep understanding of financial technology make him the perfect fit to help us unlock the immense potential of the $1 trillion wine asset class."
Before the launch of the dVIN protocol from stealth, Pal had been a member of the original wine club, Club dVIN, whose ~1,000 early adopters helped shape the experience delivered by the dVIN protocol. Given this longtime connection, Pal and his network of RealVision ProCrypto members were granted exclusive access and accumulated points in their Cellar Challenge, an initiative that enables participants to earn points by tokenizing bottles from their home cellar.
Raoul Pal, co-founder and CEO of Real Vision, stated, “It's an honor to be appointed as a board member at dVIN Labs, giving me the chance to work closely with a team I have long admired as a longtime member of their Club dVIN community. I look forward to taking on this more formal role as a board member as an opportunity to leverage my business experience, passion for wine, and network in the crypto industry to help dVIN tokenize the wine asset class.”
Pal is a highly accomplished executive with a deep understanding of macroeconomics & finance as a business cycle economist, investment strategist, and economic historian in addition to being the founder and host of Raoul Pal - The Journey Man where he speaks with leading figures in the cryptocurrency space. His extensive leadership experience, coupled with his relationships in the world of digital assets and his belief in bringing the $1T wine asset class on-chain, makes him a strategic asset to the dVIN board.
Garrett will be hosting an AMA on X (formerly Twitter) Spaces with Pal on September 16th, 2024 at 9AM ET focused on the tokenization of wine bottles and their global wine club.
About Raoul Pal
Raoul Pal is the co-founder and CEO of Real Vision, the world's preeminent financial media platform and Global Macro Investor, an advisory publication.
Raoul retired from fund management in 2004 and started The Global Macro Investor in January 2005 where he was one of the relatively small number of investors to predict the mortgage crisis of 2008-2009. Previously, he was a co-head of hedge fund sales in equities and equity derivatives at Goldman Sachs in London. Raoul is also the CEO and co-founder of Exponential Age Asset Management founded in 2021. Raoul is currently a board member of the Sui Foundation.
About dVIN Labs
dVIN Labs is the development team behind the dVIN protocol which is designed to leverage a combination of data, DePIN and tokenization to bring wine, a $1T real world asset class, on-chain. The dVIN Protocol leverages blockchain technology to both allow wine enthusiasts to monetize their data and be rewarded for their wine activity, purchases, and loyalty. While winemakers simultaneously incentivize these wine lovers to share consumption data and personal data in order to drive deeper consumer relationships, making their businesses more responsive, efficient and potentially profitable. To learn more about dVIN Labs and the dVIN Protocol, please visit: https://dvinlabs.com
MEDIA CONTACT
M Group Strategic Communications for dVIN Labs: dvin@mgroupsc.com
Dune Becomes the Most Comprehensive Onchain Data Hub for Polkadot’s 50+ Parachains (11 Sep)
Boston, Mass, September 11th, 2024, Chainwire
New Integration Expands Dune’s Coverage Across the Entire Polkadot Ecosystem, Delivering Unmatched Onchain Analytics
Zurg, Switzerland, September 11th 2024 – Dune, the leading platform for onchain analytics, announces the integration of 50+ parachains from the Polkadot ecosystem. With this expansion, Dune solidifies its position as the most comprehensive data hub for Polkadot, offering unparalleled insights and analytics for developers, investors, and data enthusiasts alike.
Earlier this year, Dune launched support for Polkadot, Kusama, and six parachains. Now, the platform takes a major step forward by expanding coverage to include the entire Polkadot ecosystem. This integration enables users to explore, analyze, and visualize all onchain activities across Polkadot in real time, making Dune the go-to destination for data-driven decision-making.
Polkadot’s ecosystem, known for its diverse and innovative parachains, generates a vast amount of data. Navigating this complex network can be a challenge. Dune’s expanded support simplifies access to crucial onchain data, empowering users to gain deeper insights into Polkadot’s dynamic ecosystem.
The newly integrated parachains include Moonbeam, which specializes in smart contracts and cross-chain DeFi; Acala, known as Polkadot’s hub for decentralized finance; Phala, which focuses on privacy-first DePIN and AI solutions; and Mythos, a protocol bringing AAA decentralized gaming and hugely popular franchises to Polkadot. These integrations, along with dozens of others, position Dune as the most expansive source for Polkadot’s onchain analytics, allowing users to track transaction flows, analyze DeFi activity, and monitor developments in gaming and NFTs—all within a single, comprehensive platform.
FredrikHaga, CEO of Dune shared, “Polkadot and its Substrate-based chains form a vast and complex ecosystem. With this integration of 50+ parachains, our goal is to make that complexity easier to navigate. We want to give people a clear, accessible view of what’s happening across the network, so they can focus on innovation and building with confidence.”
This milestone integration was achieved through Dune’s partnership with Colorful Notion. Together, the teams developed a streamlined process for integrating new parachains, ensuring Dune’s data remains comprehensive, accurate, and reliable.
Dune’s integration also includes enhanced functionality through the Dune API, allowing users to convert any query into a flexible API endpoint. This feature offers greater flexibility for developers and analysts, enabling them to seamlessly incorporate Dune’s data into their own applications.
To learn more about the latest Polkadot integrations, readers can visit Dune’s Polkadot Analytics.
About Dune
Dune is a leading data analytics platform that democratizes access to onchain data by enabling users to query, visualize, and share insights across various blockchains. With over 700,000 community-contributed data tables, Dune supports comprehensive analysis of tokens, wallets, protocols, and more. The platform's recent launch of the Dune API extends its capabilities for automated reporting, alerting, and integration into user applications.
For more information, readers can visit https://dune.com/home
About Polkadot
Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, you're not just a participant, you're a co-creator with the power to shape its future.
Web3 Foundation and Scytale Lead $2.5 Million Seed Investment in Hyperbridge to Build the End-Gam...
Boston, Massachusetts, September 11th, 2024, Chainwire
Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market.
The Web3 Foundation, in partnership with Scytale Digital, has led the seed funding round for Hyperbridge, a groundbreaking protocol poised to transform blockchain interoperability. This investment marks a significant milestone as the Web3 Foundation's inaugural funding initiative, highlighting Hyperbridge's critical role in the rapidly expanding Web3 ecosystem.
Hyperbridge is emerging as a leader in the rapidly evolving sector, with its industry-leading cross-chain technology already being used by teams like Succinct, Axelar, Union, and Avail. The protocol has also already secured a parachain slot within the Polkadot ecosystem, reinforcing its deep integration and commitment to leveraging Polkadot’s unique strengths. In addition, Hyperbridge’s crowd loan raised an impressive $2.7 million, making it the most successful parachain crowd loan in the Polkadot ecosystem, a testament to its strong community support and technological promise.
“Hyperbridge represents a significant step towards a cross-chain future, embodying the highest standards of security, scalability, and innovation," said Fabian Gompf, CEO of Web3 Foundation. "By building on Polkadot’s robust framework, Hyperbridge empowers the ecosystem with verifiable, unstoppable interoperability, setting a new benchmark for secure cross-chain solutions.”
Hyperbridge is more than a simple asset bridge, it is a cryptoeconomic co-processor that combines advanced zero-knowledge technology and mechanistic protocols to deliver the most secure and verifiable cross-chain messaging and storage query solution available today. Unlike existing point-to-point bridge models, Hyperbridge introduces a hub model that scales verifiable interoperability across all chains. The platform’s innovative architecture, built on Polkadot, allows it to offer unmatched security and scalability, positioning it at the forefront of cross-chain solutions.
Security is at the core of the Hyperbridge design, with audits conducted by the same team responsible for Polkadot. As the industry grapples with insecure multisig bridges, Hyperbridge’s zk light clients for Polkadot and Ethereum offer a secure, verifiable alternative. By consolidating multiple connections into a unified, reliable network, Hyperbridge aims to be the leader in verifiable, cross-chain communication and interoperability.
"Hyperbridge represents the next evolution in secure cross-chain interoperability.” Said Mark Cachia, CIO of Scytale Digital, “Seun's deep expertise and innovative approach ensure that Hyperbridge addresses the critical security flaws of traditional bridges and sets a new standard for verifiable and unstoppable interoperability. This investment aligns perfectly with our vision of a fully interconnected web3 ecosystem, and we're proud to support a project with such transformative potential."
Exclusively built on Polkadot, Hyperbridge inherits the network’s unparalleled economic security, giving it the highest level of economic security for any bridge available today. Polkadot’s design, optimized for high interoperability, fast-finality, and affordable compute through agile coretime, provides the perfect foundation for Hyperbridge’s rollup architecture. This close integration allows Hyperbridge to offer cross-chain messaging and storage queries to developers from day one, setting new standards for secure, scalable, and efficient interoperability.
Seun Lanlege, Founder of Polytope Labs, the developers of Hyperbridge, shared, “Bridges are only as secure as their authentication mechanisms. Traditional bridges that rely on multisig committees for authentication have seen over $2B lost to exploits. Hyperbridge disintermediates these middlemen by relying on finality and storage proofs for cross-chain message authentication, providing a level of security equivalent to the blockchains it connects.”
Hyperbridge unlocks a wide array of use cases, including verifiable cross-chain intents, non-custodial native bridges for unified liquidity, and multichain expansion for stablecoins, RWAs, and DAO tokens. It also opens up possibilities for advanced cryptoeconomic coprocessors, such as state coprocessors for TWAPs and on-chain insurance protocols, as well as zk aggregation coprocessors. These innovations set Hyperbridge apart, offering developers the tools to create new financial and decentralized applications that were previously impossible.
About Hyperbridge
Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chain messages (POST requests) and reading on-chain storage (GET requests).
Website, Twitter
About Polytope Labs
Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, Polkadot, and IBC. We’re focused on addressing fundamental infrastructure problems that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. They firmly believe that Web3 is the next evolutionary step of the internet, and they are fully committed to advancing truly decentralized technologies.
Website, Twitter
About Polkadot
Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they're co-creators with the power to shape its future.
EasyA Hits 1 Million Downloads, Becomes Key Platform for Polkadot Developer Education (11 Sep)
San Francisco, CA, September 11th, 2024, Chainwire
EasyA, the world's leading Web3 education app, proudly announces that it has surpassed one million downloads across iOS and Android. This milestone underscores EasyA’s rapid rise in popularity over the past few years as it’s quickly captured the minds of developers and crypto enthusiasts alike. As of today, over 100,000 developers have learned about Polkadot via EasyA.
Founded in 2020 by brothers Phil and Dom Kwok, EasyA has swiftly become the go-to app for aspiring and experienced developers to learn and build on the world’s leading blockchains such as Polkadot and others. For many blockchains, EasyA has become the number 1 way developers find out about their tech. It’s also increasingly becoming one of the top drivers of developer activity on these blockchains.
"Hitting 1 million downloads underscores just how popular EasyA’s become. But it’s not only developers who are loving EasyA. Blockchains do too. Demand for EasyA has absolutely blown us away. We currently have a waitlist of 12 months for new chains looking to launch on EasyA.” said Phil Kwok, CEO and Co-Founder of EasyA.
Industry thought leaders have likened EasyA’s mobile approach to learning Web3 to that of Duolingo and how the popular app transformed language learning. In fact, one leading Polkadot community member recently referred to EasyA as “Duolingo, but twice as good.” And it’s clear that the world’s top developers love EasyA. Students from top universities across the world, from Harvard to Cambridge, credit EasyA with being the reason why they first got into Web3.
“I tried learning Web3 by going to workshops or online bootcamps but always lost interest quickly. With EasyA, it’s so easy to learn about any chain I want, whenever I want. As soon as a new challenge drops in the app, I’m always one of the first to try and complete it, even if it sometimes means being late to lectures. Oops!” - Alexandra, Harvard junior and proud EasyA community member.
EasyA is more than just a viral app; its popularity extends beyond the online sphere and is particularly evident in person. At any EasyA hackathon around the world, one of the first sights is often long lines of developers stretching around the block, sometimes forming hours before the event even begins. These developers are eager to launch their startups on-chain or meet EasyA’s charismatic founders, creating an atmosphere akin to a concert crowd. This summer, nearly 1,000 developers participated in EasyA’s Polkadot hackathons, resulting in the launch of 111 startups on Polkadot. At the CoinDesk Consensus conference in Austin, where Polkadot was a main sponsor, EasyA brought together the largest number of developers in the history of the world’s biggest blockchain conference. Over 100 startups were launched at that event alone, with many now successfully securing funding to further develop their ideas.
EasyA has played a pivotal role in countless founders’ careers, with their hackathon winners going on to raise from the world’s best VCs like a16z, Founders Fund and more. Most recently, Cognition AI (a unicorn valued at over $2 billion), was founded by an EasyA hackathon winner. Given these successes, it’s not surprising that demand for EasyA hackathons has been so strong that EasyA currently hosts 1-2 of these events every month.
But even with all of EasyA’s successes, its founders Phil and Dom say it’s still day one for the rocketship startup. Later this year, EasyA plans to launch its own fund to invest in startups founded by its community members, currently valued at over $2.5 billion. They’ve already begun their expansion into Asia, the world’s most populous continent. One thing’s for sure. With EasyA leading the charge, Web3 is no longer a pipe dream.
About EasyA
EasyA is one of Web3’s most popular apps, making it easy for anyone to learn about Web3 right from their phones. Learners earn rewards for mastering new skills and the best are invited to in-person hackathons to launch their startups in world-leading hubs like San Francisco, London and Singapore. EasyA alumni have founded startups valued at over $2.5 billion and have raised from top VCs like a16z, Founders Fund, YC and many more.
Launched by brothers Phil and Dom Kwok, top grads from the University of Cambridge and The Wharton School, EasyA has over 1 million downloads and has won Apple’s highly-coveted App of the Day award.
Hong Kong, Hong Kong, September 10th, 2024, Chainwire
Owlto Finance’s expansion continues with the introduction of the swap functionality. The platform currently offers the bridging feature, and with the addition of swapping, Owlto is developing itself as a DEX aggregator.
DEX aggregators play a crucial role in crypto — they provide a simple interface for users to access the liquidity pools of various exchanges. So, as a DEX aggregator, Owlto will bring together the liquidity from various decentralized exchanges to offer its users the best swap rates and help them optimize their trades.
A cross-chain protocol that utilizes AI agents to optimize product experience, Owlto has been advancing its platform to offer its users a seamless way to transfer assets across 50+ blockchain networks.
Its ease-of-use, low-cost benefits, and enhanced capabilities have helped capture a lot of attention, making it the largest bridge by transactions on DefiLlama. This progress continued with Owlto partnering with the likes of Dmail Network and Delysium, launching incentivization programs, and hosting it's very own Owlto Points program.
Owlto is further advancing its platform with the addition of the swap function so users will be able to swap tokens on Ethereum, BNB Chain, Base, Polygon, Arbitrum, and Optimism.
By supporting some of the most popular blockchains flourishing with innovative applications, Owlto Finance will be offering an extensive and diverse range of token support. More than 15,000 token trading pairs will be available on Owlto’s swap feature for users to take advantage of.
Moreover, the swap functionality will be completely free. The only cost involved is the fees paid to liquidity providers (LPs), making Owlto an attractive option for users looking to avoid high costs.
This marks a major milestone for Owlto, which evolves beyond just a bridging platform. By introducing the swapping feature, Owlto is positioning itself as a competitive player in the DEX Aggregator space.
So, after leading the bridging landscape, the platform is now setting its eyes on unifying the liquidity fragmented across numerous DEXs spread over multiple networks.
About Owlto Finance
Owlto Finance is an intent-centric interoperability protocol, "Think for users, rather than let users think". Owlto's bridge product has emerged as one of the fastest-growing bridges, with 2M+ users in 200+ countries/regions. Due to features of "Fast Speed, High Security, Low Cost and Easy-To-Use", it has been highly recommended by over 50 well-known partners like Arbitrum, Linea, Base, Circle, Trust Wallet, OKX Web3 Wallet, zkSync, Scroll, X1, Starknet, Manta, Mantle, Kroma, Tokenpocket, Galxe, imtoken, Bitget Wallet, Syncswap, Element, Synfutures, etc.
ETH ETFs and EVM Adoption: the CV Pad VC Investment Strategy (10 Sep)
Lisbon, Portugal, September 10th, 2024, Chainwire
CV Pad, a launchpad for early-stage blockchain projects, is leveraging ETH ETFs' rising popularity to attract investors and fuel the growth of new EVM-based Web3 projects.
The Ethereum Virtual Machine (EVM), with its strong developer community, advanced smart contract features, and robust security, has become the go-to platform for developing innovative DeFi, NFT, and DAO projects like Uniswap, Chainlink, Aave, and many more.
Meanwhile, ETH ETFs (Ethereum Exchange Traded Funds) have made Ethereum investment easier by eliminating the need to handle the cryptocurrency directly. Approved in the US on May 23, 2024, these ETFs gained traction when trading started on July 23, 2024 on major stock exchanges and broker platforms like VanEck, BlackRock and Charles Schwab, with trading volumes up five-fold in just a few months.
This rising popularity of ETH ETFs has fueled institutional investment in the second largest cryptocurrency–Ethereum, creating a positive feedback loop: as more projects build on Ethereum, investment flows in, driving further development and innovation on the EVM.
CV Pad taps into the combined success of ETH ETFs and the EVM which are drawing in more institutional investors and encouraging more projects to build on Ethereum’s infrastructure.
CV Pad Partner, Danny Rowshandel, highlighted the synergy between ETH ETFs and the growth of EVM projects, stating, "Ethereum ETFs attract institutional investment by simplifying crypto access, while the rise of EVM projects offers venture capitalists a chance to invest in startups with explosive growth potential."
Rowshandel added, "The rise of ETH ETFs and EVM projects has created a thriving market for Web3 startups looking to launch and generate tokens. CV Pad gives investors the chance to invest in carefully selected early-stage projects with all the research and vetting already completed. Investing through CV Pad goes beyond early access, liquidity, and high returns; it’s about being part of a growing ecosystem and a successful network."
On top of launching projects and tokens, CV Pad leverages its network of VC contacts from DuckDAO, CV VC and CV Labs to access partners and build a support network for launchpad projects. This is how Solana, Consensys, Hacken, Algorand, and more tier-1 projects became involved in CV Pad.
With all launchpad listings, such as Taiko, RunesTerminal and XOXNO, selling out quickly, CV Pad has met investor demand and is drawing even more partners into its ecosystem.
While many Web3 launchpads seek investors, CV Pad sets itself apart by offering exceptional support for both investors and new projects. The widespread adoption of EVMs and the popularity of ETH ETFs have sparked a wave of talented Web3 startups ready to launch, making CV Pad an ideal destination for those looking to seize the next big opportunity.
About CV Pad
CV Pad is a Launchpad+, aiming to take projects through their TGE with a suite of launch services, tokenomics support, distribution, marketing, and the support of a global network of partnerships. Startups can apply to join the CV Pad ecosystem here.
As a collective project from DuckDAO, CV VC, and CV Labs - CV Pad utilizes a wealth of experience in Web3 and traditional venture capital to support projects and provide vetted, curated picks for the launchpads investors. Investors can prepare for the next launch by joining CV Pad here.
Ethernity Chain Unveils $10 Million Grant Program to Empower Founders (10 Sep)
Los Angeles, United States, September 10th, 2024, Chainwire
Ethernity, the leading entertainment-focused Layer 2 blockchain solution, proudly announces a $10 million grant program dedicated to revolutionizing the entertainment and creator economy through development of Ethernity’s Layer 2. This substantial investment aims to support developers, founders, and startups building the future of digital entertainment on the Ethernity Layer 2 ecosystem.
Fuelling Innovation in Entertainment and the Creator Economy
The Ethernity Grant Program is designed to fuel groundbreaking projects that elevate the entertainment landscape, offering financial support, strategic mentorship, and valuable business resources. By focusing on enhancing the creator economy, Ethernity empowers brands and founders to leverage blockchain technology for new levels of engagement, security, and monetization.
Program Focus Areas:
Games and Entertainment Products: Innovative games and interactive experiences that push the boundaries of digital entertainment.
Blockchain Infrastructure: Tools, protocols, and infrastructure enhancements that strengthen the Ethernity ecosystem for entertainment applications.
Entertainment Infrastructure: Projects that integrate global entertainment brands with blockchain, enabling new business models and fan experiences.
DeFi Tools: Financial applications tailored to the needs of the entertainment industry, providing new ways to monetize and secure digital assets.
RWA's and Collectibles: Cutting-edge digital assets and marketplaces that redefine ownership and engagement.
Education and Outreach: Initiatives that promote blockchain adoption and educate the creator community.
How to Apply
The program is open globally to developers, startups, and organizations whose projects align with Ethernity’s mission to disrupt the entertainment industry through innovative products. Applicants are encouraged to submit detailed proposals outlining their project objectives, milestones, and potential impact.
What Grant Recipients Will Receive
Grant recipients will receive financial backing to accelerate project development, access to mentorship from entertainment and blockchain experts within Ethernity’s network, and support with marketing and PR to enhance visibility. They will also benefit from technical resources, including tools, SDKs, and dedicated technical support, as well as opportunities to connect with venture capitalists for further investment and growth.
“Ethernity is committed to fostering a dynamic ecosystem that supports the next generation of entertainment and creator-focused technologies,” said Nick Rose Ntertsas, CEO of Ethernity. “This $10 million grant program is a significant step in empowering innovators and creators to bring their visions to life on the blockchain.”
For More Information and Application Details
Developers, creators, and organizations are invited to apply for the Ethernity Grant Program and join a pioneering movement to transform entertainment and the creator economy through blockchain technology.
For more information and to apply, users can visit https://www.ethernity.io/grants
About Ethernity
Ethernity is a Layer 2 blockchain solution designed specifically for the entertainment industry and the creator economy. It offers AI-powered security and Digital Rights Management (DRM) to protect intellectual property on-chain. With a robust infrastructure and strong partnerships, Ethernity is poised to become the leading web3 platform for entertainment, providing a secure, scalable, and user-friendly environment for creators and brands.
Ctrl Wallet Announces Major Liquidity Initiative and $XDEFI Token Updates (10 Sep)
London, United Kingdom, September 10th, 2024, Chainwire
Largest $XDEFI token-holders confirm 12-month liquidity provision to prove long-term commitment
Ctrl Wallet, a leading self-custody crypto wallet providing access to over 2,100 blockchains, has announced a significant liquidity initiative involving its $XDEFI utility token. The move underscores the long-term commitment of the wallet’s major stakeholders and introduces important updates to its tokenomics.
Ctrl’s largest token-holders have agreed to commit to a 12-month liquidity provision, depositing 32% of total $XDEFI – equivalent to 50% of current circulating supply – into AMM liquidity pools on Uniswap. The year-long commitment will significantly deepen liquidity and reduce potential sell pressure.
Those holders include Ctrl Wallet’s largest investors, including Delphi Digital, Mechanism Capital and Morningstar Ventures, in addition to its two co-founders and the company’s treasury. Collectively, the investorsא deposit a total of 76.9 million $XDEFI into the pools until September 2025. This amount includes liquid and circulating $XDEFI tokens.
“This initiative demonstrates the unwavering belief we have in Ctrl’s potential,” said Emile Dubié, CEO of Ctrl Wallet. “By committing such a significant portion of tokens to liquidity provision, we are not only supporting the token’s stability but also laying the groundwork for future growth.”
The liquidity provision comes with milestone-based withdrawal options after the initial six-month period: a quarter can be withdrawn when $XDEFI reaches a US$100M fully diluted valuation (FDV), with another quarter released at US$200M FDV, and a quarter at US$300M FDV, and the final quarter when $XDEFI reaches US$500M FDV.
To incentivize maintaining liquidity even as milestones are met, contributors – excluding the project treasury – will receive a 10% APY on their deposited tokens.
The commitment has been made ahead of Ctrl Wallet’s planned migration from $XDEFI to $CTRL over the coming weeks. This rebranding effort will be accompanied by a shift to a buy-and-burn model, with 75% of all revenue generated in Ctrl Wallet used to purchase $CTRL tokens on the open market, which will then be burned.
New revenue-generating features will also be added to Ctrl, including in-wallet quests, a launchpad, and expanded Gas Tank functionality. Such additions are expected to drive increased usage and revenue, directly benefiting $CTRL token-holders through the buy-and-burn mechanism.
Recent traction has seen Ctrl Wallet achieve 400k WAU, a 2x increase within the most recent quarter.
About Ctrl Wallet:
Ctrl Wallet is a self-custody web3 wallet that supports more blockchains, crypto-assets and NFTs than any other. Committed to empowering DeFi users of all stripes, the user-friendly wallet combines robust security features with an intuitive interface to deliver an unparalleled multi-chain experience.
Ex-Ethereum Foundation Board Member Yessin Schiegg Joins Camino Network Foundation Ahead of CAM T...
Zug, Switzerland, September 10th, 2024, Chainwire
The Camino Network Foundation, a non-profit focused on advancing the L1 Camino Network, has appointed Yessin Schiegg to its Council. Yessin will bring his wealth of experience, which includes working with Vitalik Buterin on Ethereum, to the role.
Yessin is coming to the Camino Network Foundation with a proven track record in both traditional finance and web3. He began as a director at BlackRock, one of the world's largest asset managers, and made his way into web3 at the Ethereum Foundation, becoming a member of the advisory board. Since, he has held multiple C-level and advisory roles with some of the world's largest web3 projects, with the latest being CFO at the NEAR Foundation.
With his wealth of experience establishing foundations and launching crypto tokens, Yessin was a natural addition to the Council, drawing from his knowledge of Tokenonmics and web3 finances to advise the Foundation in the upcoming token launch.
"I'm delighted to join the Camino Network Foundation as a Council member, and to contribute to the growth of such a groundbreaking initiative. Camino Network is leading the way as the most advanced blockchain tailored for the travel industry, and I'm excited to be part of this journey. It's an honor to join the team and help shape the next chapter of its success story." Schiegg said in a quote.
Camino Network Foundation Council President, Thomas Stirnimann said: “We are thrilled to welcome Yessin to the Camino Network Foundation's Council. His extensive experience in web3 and his proven track record in web3 and traditional finances will be invaluable as we bridge the global travel industry with web3. We look forward to the strategic insights and leadership he will bring to our team.”
About Camino Network Foundation
Camino Network Foundation is a non-profit organization based in Zug, Switzerland, driving the development of a blockchain-based travel ecosystem in the global travel industry. Operated by a consortium of industry leaders, and backed by 200+ brands, 100+ validators, and over $10 million in funding, Camino transforms the distribution landscape and solves connectivity challenges in the multi-trillion dollar travel sector.
Aleph Zero Launches NEON Program, Enlists Major Global Partners Including Pairpoint, Backed By Vo...
Zug, Switzerland, September 10th, 2024, Chainwire
The Next-Gen Enterprise and Opportunity Navigator (NEON) program will support global enterprises on their journey into web3, fostering innovation and widespread adoption of blockchain technology.
The Aleph Zero Foundation, a pioneer in privacy-enhancing blockchain infrastructure, announces the launch of its NEON Program, a comprehensive initiative designed to support enterprises from various sectors in harnessing the power of blockchain technology. The program will deliver dedicated resources, expert guidance, and ease of access to innovative technology to facilitate deeper integration of privacy-enhancing blockchain technology across various business use-cases.
The NEON Program goes beyond traditional enterprise support by offering a comprehensive suite of resources tailored to each member's unique needs and ambitions in the web3 space. At its core, the program provides a team of dedicated business and technical experts who work closely with members to navigate the complexities of web3 integration.
The program caters to a wide range of companies, from those taking their first steps into web3 to seasoned players. This hands-on approach is complemented by a wealth of educational resources, in-depth workshops, and tailored support designed to keep members at the forefront of market and tech developments. By fostering connections with industry experts and exploring potential new revenue streams through ecosystem participation, the NEON Program empowers enterprises to not just adapt to the evolving digital landscape, but to actively shape it.
"Blockchain technology is rapidly expanding into diverse industries, powering an ever-growing array of use cases," said Antoni Zolciak, Co-founder of Aleph Zero. "As this landscape evolves, businesses need expert guidance to navigate and harness this technology effectively. We're incredibly proud to launch the NEON Program, offering tailored support that empowers enterprises at all stages of blockchain adoption. Our goal is to foster innovation, drive adoption, and help businesses unlock the full potential of web3 in their operations."
Strategic Partnerships Across Industries
Aleph Zero has already secured partnerships with global leaders in the telecommunications sector, including Deutsche Telekom and stc Bahrain, demonstrating the blockchain’s capability to meet the rigorous demands of large-scale operations. The program is expanding to include companies and organizations from various industries:
Pairpoint (A Vodafone and Sumitomo Company): Born from two leading multinationals, Vodafone and Sumitomo, Pairpoint enables devices to act as autonomous ‘economic agents’, allowing them to transact directly between them to create better user experiences. For example, electric cars can pay for their energy, delivery trucks can sell spare capacity, or smart meters can sell their solar production to their neighbors.
CAMARA Foundation (Linux Foundation): Launched in 2021 under the Linux Foundation and GSMA, the CAMARA Project aims to standardize APIs for telecommunications networks. Aleph Zero joined as the first blockchain General Member to develop and contribute to blockchain-specific initiatives. A key focus of this collaboration is the Blockchain Public Address API, which could revolutionize how users interact with blockchain technologies on mobile devices.
"At Pairpoint, we're exploring privacy-focused technologies in the evolving 'Economy of Things,' where devices are becoming smarter and more autonomous," said Siva Balasuriyar, CFO and Web3 Lead at Pairpoint. "Joining the NEON program provides Pairpoint with the resources and partnerships we need to strengthen our own knowledge, whilst collaborating with Aleph Zero and others in navigating this groundbreaking landscape. Supported by this partnership, Pairpoint will deploy and operate validator nodes to enhance the resilience and security of the blockchain infrastructure."
Introducing the Next-Gen Enterprise & Opportunity Navigator Program
The launch of the Next-Gen Enterprise & Opportunity Navigator (NEON) Program marks a new phase in Aleph Zero’s engagement with enterprises. NEON is designed to help members effectively navigate the ecosystem, providing crucial support and fostering collaboration. With Aleph Zero’s unique technology stack that features advanced zero-knowledge privacy capabilities, the program is particularly appealing for applications requiring stringent data privacy.
Membership Benefits of the NEON Program:
Dedicated Account Manager: Each member is assigned a Single Point of Contact (SPOC) for personalized business and technical support.
Regular Insights: Members gain access to the latest ecosystem insights through regular updates from the NEON Program.
Exclusive Networking Opportunities: Members can participate in exclusive networking opportunities at key web3 conferences, events, hackathons, and ecosystem dinners.
Exploratory Workshops: Members have the opportunity to engage in workshops designed to explore opportunities within Web3 and the Aleph Zero platform.
Custom AZERO Addresses: Each member receives a unique “yourcompany.azero” enterprise blockchain address.
Access to Focus Groups: Members can join specialized focus groups on "Data & Tooling," "Loyalty, Art & Collectibles," and "Web3 Education," each tailored to provide in-depth exploration of specific areas of interest.
For more information on how to join the Aleph Zero NEON Program and benefit from its offerings, please visit the official website.
About Aleph Zero
Aleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero-knowledge, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs.
For more information, readers can visit https://alephzero.org/
About Pairpoint
Pairpoint is creating the world's largest Economy of Things (EoT) Ecosystem by providing a secure digital platform that allows vehicles, devices, and machines to autonomously and seamlessly interact and trade with each other.
Headquartered in the UK with offices in London and Lisbon, Pairpoint is backed by a €60M investment from Vodafone Group and Sumitomo Group. For more information on Pairpoint, readers can visit https://www.pairpoint.io.
For any enquiries about this release, readers can please contact josh@serotonin.co
Ramp Network to Expand Cryptoasset Purchases to All 50 U.S. States and the District of Columbia (...
London, England, September 10th, 2024, Chainwire
Ramp Network, the financial technology company building payment rails connecting crypto to the global financial system, has added support for 17 additional U.S. states, becoming a major crypto on-ramp provider to expand its support to users across the entire U.S.
Ramp Network's crypto onboarding services were previously available in 33 U.S. states and the District of Columbia, enabling users to buy and sell 100+ supported cryptocurrencies with almost instantaneous delivery and some of the highest available limits, at the click of a button.
By extending the access to its’ services to over 100 million users in Alaska, Alabama, Arkansas, Florida, Kentucky, Louisiana, Maryland, Minnesota, Nevada, New Jersey, New Mexico, New York, North Dakota, Ohio, Oregon, Vermont, and Washington, Ramp Network is delighted to support simplified onboarding via bank cards and Apple Pay to Web3 in all 50 U.S. states and the District of Columbia.
The newly added states will support purchases for all of the most popular crypto assets, including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Solana (SOL), USD Coin (USDC), and Tether (USDT), as well as many other cryptocurrencies. The exact list of supported tokens may vary from state to state depending on regulatory requirements.
“The U.S. market is Ramp's largest, and we have always prioritized delivering the best experience to our American users. Previously, our services were available in 33 states, but today marks a significant milestone as we expand our reach to all 50 states. We're proud to offer our top-tier services to launch in traditionally challenging markets like New York, Hawaii, and Louisiana” said Szymon Sypniewicz, CEO and Co-Founder of Ramp Network. “This expansion allows us to serve all Americans but also enables hundreds of our partners to onboard over 100 million people in the now accessible states. We're thrilled to offer nationwide access and look forward to welcoming new users to our platform” continued Sypniewicz.
Americans' interest in crypto is rising rapidly. A report by Coinbase reveals that 58% of Americans have at least heard of Bitcoin, while 15% said they are either somewhat or very likely to buy crypto in the near future, suggesting enormous demand for Ramp's simplified crypto on-ramps. There's reason to believe these numbers will become even more significant in the near future too, as 70% of U.S. states have already enacted regulations around cryptocurrencies and blockchain.
As one of the top fintech infrastructure providers in the crypto space, Ramp Network is paving the way for millions of consumers globally to access Web3 through its industry-leading on- and off-ramp products that simplify the digital asset purchasing process. Its API-based tools enable decentralized application developers to embed simple crypto on-ramps and off-ramps directly into their dApps. Some of its major partners include top-tier crypto wallets such as MetaMask, Trust Wallet and Exodus, which integrate Ramp's on-ramp directly within their apps.
Ramp proudly serves more than 150 countries and regions globally, supporting crypto purchases in 42 fiat currencies via payment methods such as bank transfers, credit/debit cards, Apple Pay, Google Pay, SEPA & SEPA Instant and Pix (in Brazil). This is just the start, as Ramp is working to add support for local payment methods in Argentina, Mexico, India and other countries.
As part of its mission to bring Web3 to the masses, Ramp is constantly pioneering new experiences to streamline crypto onboarding, and recently announced the launch of its revolutionary document-free verification system for users in Brazil. Document-free verification allows new users to purchase crypto for the first time up to four-times faster than before, with increased transactional limits and the highest level of security and compliance. The feature, which is targeted at users who want to buy above-average amounts of crypto, is available in Brazil now ahead of a wider global rollout that's planned in the months ahead.
About Ramp Network
Ramp Network is a financial technology company building solutions that connect the crypto economy with today’s global financial infrastructure. Through its core on- and off-ramp products, Ramp Network provides businesses and individuals across 150+ countries with a streamlined and smooth experience when converting between cryptocurrencies and fiat currencies. Ramp Network is fully integrated with the world’s major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more.
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2024 Gears Up With Major Sponsors and Industry-Leading Speakers (10 Sep)
Lisbon, Portugal, September 10th, 2024, Chainwire
Crypto AI:CON, Europe's leading Crypto AI conference, continues to gain momentum with a lineup of sponsors, partners, and speakers. Organized by Lunar Strategy, the event is set to take place on November 14-15, 2024, at the LX Factory in Lisbon.
On August 19, 2024, it was revealed via a tweet that ICP had partnered with Crypto AI:CON as a title sponsor.
Notable Speakers and Influencers
Furthermore, Crypto AI:CON boasts an impressive lineup of speakers, including:
Michaël van de Poppe, one of the leading KOLs in the space and a Founder at MN Consultancy, will discuss macroeconomics and technical analysis in crypto investing.
Jorge Antonio, Founder of Atoma Network, sharing insights on AI and blockchain advancements and real-world applications.
Krystyna Kozak-Kornacka, CMO at Cookie3, exploring the transformative potential of AI in the marketing industry.
Strategic Partnerships
In addition to the title sponsors, Crypto AI:CON has secured partnerships with several influential organizations, such as:
CoinTelegraph, the world’s largest crypto media outlet
BeInCrypto, EU's biggest crypto media outlet
Phala Network, a pioneering blockchain platform for confidential computing
Lunar Labs Capital, a Web3 incubator and accelerator, empowering crypto projects with experience, network and capital
ICP Portugal Hub, a community-driven initiative supporting the growth of the Internet Computer ecosystem in Portugal.
Pre-Conference Global Events
Crypto AI has also organized several pre-conference events in key global locations:
Paris (September 9, 2024): Featuring the "AI-Driven Blockchain Futures" panel and exclusive networking opportunities for venture capitalists and founders.
Singapore (September 20, 2024): Bringing together experts for Crypto x AI discussions, with contributions from organizations like Chain GPT and Privasea.
Further announcements regarding additional partnerships and developments are expected in the lead-up to the conference.
Jack Haldorsson, Chief Marketing Officer at Lunar Strategy, commented on the event’s expanding support: "Industry backing from organizations like ICP and Privasea strengthens Crypto AI’s role as a key event for professionals interested in the convergence of crypto and AI. We anticipate more updates in the coming weeks."
For further details and ticket information, visit https://ai.lunarstrategy.com or follow @cryptoaisummer on X.
About Crypto AI Lisbon
2024 will convene leaders from the AI and blockchain sectors in Lisbon on November 14-15. The event will highlight cutting-edge AI-driven projects in cryptocurrency and feature discussions among industry experts, developers, and investors.
Hexagon Studios Unveils "TONs of Dungeons" – Pioneering Telegram Gaming With Cook.fun (10 Sep)
Singapore, Singapore, September 10th, 2024, Chainwire
Hexagon Studios, the web3-native team behind the #1 mobile game on Solana, Honeyland, proudly announces the launch of “TONs of Dungeons,” an innovative and engaging casual minesweeper game on Telegram. The game combines the thrill of endless dungeons with the chance to uncover hidden treasures and avoid deadly traps, all while earning points that translate into airdrops of the Chef Token on the TON blockchain.
About TONs of Dungeons
"TONs of Dungeons" is an engaging and easy-to-play minesweeper game where players explore endless dungeons filled with treasures and traps. Each successful move brings players closer to earning points, which will later be converted into airdrops of the upcoming Chef Token on the TON blockchain. This game represents the perfect blend of simplicity, fun, and blockchain technology, providing an experience that is both accessible and rewarding.
Cook.fun: The Story Behind the Game
The launch of 'TONs of Dungeons' not only introduces Cook.fun, Hexagon Studios’ new social growth, monetization, and player reward engine for Telegram games, but also heralds their innovative cross-chain integrations. Starting with Solana and Ronin, the company made it incredibly simple for developers on either blockchain to connect with the 950 million users on Telegram.
This integration provides a vast new user-acquisition channel, enhancing Cook.fun’s suite of tools designed to help games achieve viral growth, optimize monetization, and deliver meaningful rewards to players.
Key Features of Cook.fun:
Social Growth: Tools designed to drive viral expansion and engagement within the Telegram ecosystem.
Monetization: Integration of advanced monetization mechanics to enhance the player experience and drive growth.
Player Rewards: The Chef Token will be used to reward players across the Cook.fun ecosystem, with additional incentives through airdrops and ecosystem rewards.
Cook.fun will serve as a publishing platform for both Hexagon Studios’ own games and select high-quality third-party titles. The first game to utilize this platform is "TONs of Dungeons," with many more games in the pipeline.
Unique Features of TONs of Dungeons
Monetization-First Mechanics: The game is designed with advanced monetization features that not only enhance the player experience but also drive significant growth for developers.
Cross-Chain Incentives: The game incentivizes players to engage with Honeyland and its associated HXD token, creating a unique cross-chain gaming experience that adds value to both ecosystems.
NFT Integration: NFTs will play a significant role in gameplay and rewards, offering players additional value and unique on-chain assets.
Strategic Partnerships and Launch Plans
Hexagon Studios has formed strategic partnerships with some of the biggest names in the industry to ensure a successful launch. Partners include Notcoin, TON Foundation, Helika, and Ankh Labs. Additionally, Hexagon is part of the $50 million Telegram Game Accelerator program backed by Notcoin and Helika, further reinforcing the game’s potential for success.
Post-Launch Metrics
Post-launch, Hexagon Studios will closely monitor the following key metrics to measure the success of "TONs of Dungeons":
Total Players: Aiming for one million players in the first week, with subsequent growth to be driven by viral referrals and KOL promotions.
Monetization: Tracking in-app purchases (IAP) and ad revenue to demonstrate the game’s financial success.
Social Growth: Measuring the impact on Hexagon Studios’ overall social media presence, particularly in relation to Honeyland.
Cross-Game Impact: Monitoring the increase in Honeyland’s daily active users (DAU) and HXD token metrics, including the amount of HXD held in player accounts.
With "TONs of Dungeons", Hexagon Studios is poised to revolutionize Telegram gaming, setting a new standard for monetization and player engagement in the web3 space.
Corey, a leading voice in web3 gaming, shared, “We are excited to launch ‘TONs of Dungeons’ as a flagship title for the Cook.fun platform. This game represents our commitment to pushing the boundaries of what’s possible in Telegram-based gaming, and we believe it will set a new standard for player engagement and monetization.”
About Hexagon Studios
Hexagon Studios is a leading web3-native game development studio known for creating immersive and engaging games that resonate with players worldwide. With the launch of Cook.fun and "TONs of Dungeons," Hexagon Studios is pioneering the future of social and casual gaming on Telegram.
For more information, users can visit https://t.me/tonsofdungeons or contact the team.
Playing TONs of Dungeons: https://t.me/tonsofdungeons_bot
TONs of Dungeons Announcements: https://t.me/tonsofdungeons
TONs of Dungeons General Chat: https://t.me/tonsofdungeonsofficial
Panda Ling ($LING) Unveils TRON-Based Tap2Earn and Task2Earn Platform – Presale Event Announced (...
Zurich, Switzerland, September 9th, 2024, Chainwire
Panda Ling, the latest meme token to emerge on the TRON blockchain, has introduced a Tap2Earn and Task2Earn platform designed to revolutionize crypto earning models. With its user-friendly interface and focus on engagement, the platform allows participants to earn $LING tokens by completing daily tasks and activities through its Telegram-based app.
Ling integrates memes, gaming, and blockchain technology to create an accessible and enjoyable way for users to accumulate $LING tokens. The platform’s "Ease 2 Earn" (E2E) model enables users to earn tokens by performing simple actions, making crypto accessible to all. Points earned from these tasks can be converted into $LING tokens, giving users real-world value for their participation.
Built on TRON for Scalability and Efficiency
The decision to build Ling on the TRON blockchain was driven by TRON’s scalability, low transaction fees, and high transaction speeds, making it an ideal choice for the platform’s high-volume, engagement-driven ecosystem. TRON’s infrastructure ensures that users can participate in the Tap2Earn and Task2Earn activities without concerns about network congestion or high transaction costs.
Key Features of the Ling Platform:
Tap2Earn & Task2Earn: Users earn $LING tokens by engaging with the platform through simple tasks and games.
Community Rewards: 80% of the total $LING token supply is dedicated to rewarding and incentivizing the most engaged participants.
Seamless User Experience: The platform operates as a Telegram mini-app, ensuring a barrier-free experience for all users, regardless of their technical expertise.
TRON-Based: TRON’s high throughput and low fees allow for an optimized user experience focused on earning rewards.
Ling's Tokenomics: Sustainable and Community-Driven
Ling’s tokenomics, known as "Lingnomics," is designed to foster long-term sustainability and community engagement. Key components of the token allocation include:
Total Supply: 10 billion $LING tokens
Presale Allocation: 4%
Community & Incentives: 80%
Team Allocation: 3%
Liquidity Allocation: 5%
Key Opinion Leaders (KOLs): 3%
Ling Presale Event: A Chance to Participate Early
Ling’s presale event, consisting of 8 rounds, offers participants an opportunity to acquire $LING tokens at an early stage. The initial seed round will make 400 million tokens available, priced at $0.014 USD per token. With a soft cap of $2.5 million and a hard cap of $15 million, the presale is positioned to provide a strong foundation for the platform’s growth.
No KYC Required for Presale Participation
The presale process is streamlined for user convenience, requiring no Know Your Customer (KYC) procedure. Participants can simply connect their TRON wallets to purchase $LING tokens securely and efficiently.
About Ling
Ling is a next-generation Tap2Earn and Task2Earn platform built on the TRON blockchain. With a focus on community engagement and real-world rewards, Ling offers a seamless, rewarding experience for users worldwide.
For more information and updates on the presale, readers can follow Ling:
PIN AI Secures $10M From A16z CSX, Hack VC, and All-Star Angels to Launch Open Platform for Perso...
San Francisco, United States, September 9th, 2024, Chainwire
Innovative startup from Ethereum Core research, Google Brain, Stanford, MIT, and CMU aims to democratize on-device intelligence, empowering users with control over their personal AI, and receiving investment from a16z CSX, Hack VC, and investors from projects like Solana, Polygon, Near, Worldcoin, etc.
PIN AI, a pioneering AI infrastructure company, announces $10 million in pre-seed funding to develop the world’s first open-source Personal Intelligence Network (PIN). A16z CSX, Hack VC, and notable investors, including Blockchain Builders Fund (Stanford Blockchain Accelerator), Illia Polosukhin (Transformer paper author; Founder, NEAR Protocol), Anagram/Lily Liu (President, SOL Foundation), Symbolic Capital (Co-Founder, Polygon), Evan Cheng (CEO, Mysten Labs/SUI), dcbuilder (Worldcoin Foundation), Foresight Ventures (parent company of the Block), Nomad Capital, Tim Shi (Co-Founder, Cresta), Ben Fisch (CEO, Espresso), Scott Moore (Co-Founder, Gitcoin), Alumni Ventures, and Dispersion Capital, have backed the project.
Offering an open-source, web3-enabled alternative to Apple Intelligence, PIN AI's platform turns smartphones into privacy-focused AI personal assistants. By redirecting profits from users' data and attention, it empowers users to regain control and monetize their data. The platform leverages personal, contextual data and cryptography, deploying cutting-edge AI models on-device to handle tasks across apps—like shopping, ordering food, wealth management, and interacting with centralized exchanges, DeFi, and prediction markets.
This AI-driven assistant ensures robust privacy and user-controlled data management, disrupting ultra-profitable models of web2 giants, including Apple's 30% app revenue cut (over $100 billion) and Google’s mobile ads and Android store revenue cuts.
Davide Crapis, Co-Founder leading Protocol Research, said, "We’re building a movement towards an open-source future where personal AI assistants can work on PIN AI’s platform like smart contracts on Ethereum." He added, "PIN AI will take back the $100b+ profit from tech giants and return it to users, allowing them to control and monetize their data. Our platform offers access to a wider range of AI agents, developed by the open-source community, capable of handling tasks across popular apps."
PIN AI's mission is to foster innovation for personal AI agents by offering access to personal, contextual data that reflects individual users' needs and preferences. Unlike closed ecosystems like Apple, PIN AI’s open platform connects privacy-protected user data via a Layer-2 blockchain. This enables more flexibility in AI application development without the constraints of traditional, closed systems.
Bill Sun, Co-Founder and Chief Scientist, said, "On-device multi-modality models will revolutionize daily life. We are building a personal index for each user to create an on-device model that evolves via distributed training on the user's phone. Soon, users won’t need to open multiple apps to complete tasks. The personal AI assistant will understand preferences and manage tasks efficiently." PIN AI's assistant will connect users with apps and services bidding on its blockchain protocol to fulfill tasks like shopping or crypto activities.
PIN AI shifts data monetization from big tech to users, allowing secure monetization of personal data. Users receive token incentives through data onboarding and intent fulfillment, only providing necessary data with matched Personal AI Agents, while maintaining control of their information.
At launch, PIN AI partners with Worldcoin and is developing a front-end product similar to Siri, expanding its reach and enhancing user experience.
Leading the team are co-founders Davide Crapis and Ben Wu. Crapis, formerly of Ethereum Core Research, leads Protocol Research. Ben Wu, heading Strategy, is an MIT graduate, Y Combinator alum, and serial entrepreneur. The technical leadership includes Bill Sun, a Stanford AI/Math PhD and early Google Brain researcher, as Chief AI Scientist, and Regan Peng, a CMU graduate and former lead at Didi Fintech and Yahoo Data Infra, as Founding Head of Engineering.
PIN AI collaborates with a16z crypto research, Flashbots, Espresso Systems, and academics from Stanford, Columbia, and NYU. Ben Wu emphasized the importance of an open platform, saying, “The open internet has made large language models possible. We need to build an open platform for users on their trusted device, allowing access to their various data, making their Personal AI possible." Unlike Apple Intelligence, PIN AI's system can run on low-spec smartphones by dynamically shifting between edge AI (on-device) and server AI to optimize performance, ensuring wide accessibility.
The funding will expand research, grow the team of AI and blockchain experts, and accelerate the deployment of PIN AI’s technology. The company will join the a16z CSX Fall 2024 cohort in New York City.
About PIN AI
PIN AI is developing an open-source personal AI operating system that leverages smartphone and app data to empower users with control and privacy. The company's approach aims to connect AI developers with users, promoting data sovereignty and developer empowerment. PIN AI collaborates with Ethereum Core Research and is committed to privacy and innovation.
For more updates, visit pinai.io, X (formerly Twitter), Telegram, Discord, and Linkedin.
Introducing Credit Coop, a new private credit platform making strides in supporting the growth of the Web3 ecosystem by providing innovative financing solutions that leverage future cash flows. This approach directly addresses the capital constraints that have long hindered the scalability of cryptonative businesses as they seek growth capital to scale.
As the Web3 ecosystem rapidly evolves, companies face significant hurdles as traditional financing models are ill-suited to the industry's unique needs. Over-collateralization requirements and rigid repayment terms have become major roadblocks, stifling innovation and impeding growth in this dynamic sector.
Credit Coop's solution offers a way forward. By converting future cash flows into collateral through smart contracts, the platform offers businesses a more flexible and capital-efficient path to funding. This approach has already facilitated the deployment of $15 million in credit across four borrowers, with zero defaults.
“Blockchain technology is redefining finance, yet many companies still struggle to access the capital they need to scale," said Christopher Walker, Co-Founder of Credit Coop. "We’re here to change that. We've created foundational infrastructure for originating structured products natively onchain. Our mission is to make credit more accessible, allowing companies to access capital more efficiently and focus on growth.”
Credit Coop's transformative impact is already felt through the ecosystem. Rain’s Secured Line of Credit exemplifies this power. Within just one year, Rain increased its borrowing capacity from 20,000 USDC to 2,000,000 USDC per month. This remarkable 100-fold increase in financial firepower showcases how Credit Coop's novel approach is not just enhancing, but fundamentally reimagining the growth trajectory and operational agility of businesses in the crypto space.
“Credit Coop has been a great partner as we've explored turning our credit card receivables into a tokenized RWA. They've helped make the market for this groundbreaking product and been instrumental in sourcing liquidity,” says Farooq Malik, Co-Founder of Rain.
Credit Coop has received investments from several notable venture firms, including Signature Ventures, Veris Ventures, TRGC, and others, reflecting confidence in its ability to address the financing needs of the Web3 market.
“We're excited about Credit Coop because they're not just iterating on existing models – they're creating an entirely new paradigm for lending," commented Juliane Hahn, Managing Partner at Signature Ventures. "Their model is setting new standards for capital efficiency, allowing businesses to unlock growth potential that was previously inaccessible.”
Credit Coop’s leadership team has deep expertise in finance, technology, and entrepreneurship, with backgrounds at institutions such as JP Morgan, Barclays, and Amazon. Their experience in structured finance, DeFi, and FinTech positions them well to navigate the evolving digital finance landscape.
With partnerships already established with Plume, Credora, and Index Coop, Credit Coop is positioned to continue supporting growth within the Web3 ecosystem. For businesses seeking to scale operations or investors looking to participate in the future of finance, Credit Coop represents a compelling opportunity at the forefront of blockchain-enabled lending.
Announcing the ZKcandy Voyage Public Testnet (9 Sep)
Singapore, Singapore, September 9th, 2024, Chainwire
ZKCandy is excited to announce the launch of the ZKcandy Voyage public testnet, a major milestone in ZKcandy’s mission to create a fast, low gas fee, and vibrant gaming ecosystem utilizing cutting-edge zero-knowledge proof technology, powered by ZKsync.
ZK Chain Launched with Tremendous Community Support
The public testnet launch comes off the back of a very successful closed testnet campaign called the ZKcandy OG Voyage that ran for 2 weeks prior.
ZKcandy is among the first ZK Chains to be up and running with a publicly available testnet. ZK Chains are an interoperable network of Layer 2 blockchains built on ZK Stack that make up the Elastic Chain ecosystem pioneered by ZKsync.
The community’s support and engagement were instrumental in making the testnet a tremendous success. The ZKcandy team expected only 500 users to sign up for the closed testnet campaign but more than 16,830 users signed up within 24 hours of ZKcandy announcing its closed testnet.
In order not to disappoint the community, the ZKcandy team admitted as many users as possible for the closed testnet. Users of the closed testnet played the one game featured with lots of enthusiasm and helped ZKcandy test out its testnet. Additionally, more than 45,000 registered users played the first game featured on ZKcandy, BTFD Arcade. Full stats of the closed testnet are shared below.
The Elastic Chain Improves Web3 Gaming
ZKcandy will become one of many ZK Chains built to meet the unique needs of ZKcandy gamers. This will make it easy for developers on ZKcandy to build games that are able to take full advantage of all that the ZKsync technology enables. By being part of the Elastic Chain ecosystem of fully interoperable ZK Chains, the entirety of the ZKsync user base — from ZKsync Era and any other ZK Chain — will be able to seamlessly enter the ZKcandy ecosystem and take part in the growing gaming community.
ZKcandy Voyage Public Testnet: What You Need to Know
The ZKcandy team is now ready to take the next big step with so much encouragement from the community.
The ZKcandy Voyage Public Testnet is designed to stress-test our system with the help of our community over a four-week period, running from Septemeber 9, 2024, to October 9, 2024, to ensure a smooth and robust mainnet launch.
The community’s participation will play a crucial role in refining the ZKcandy platform. Additionally, we seek gamers to play some of our featured games to validate all features and functionalities, allowing the ZKcandy team to fine-tune its gaming ecosystem, and by engaging a broad user base it can identify and rectify potential vulnerabilities.
Participants will be rewarded with exclusive Candy Points and Voyager Pass NFTs for their contributions. These NFTs will not only offer a multiplier effect on calming tokens upon the Token Generation Event (TGE) but also grant 10,000 Candy Points.
Voyager Pass NFT Giveaway
To help incentivise the community the ZKcandy team is giving away 8,888 exclusive Voyager Pass NFTs to early participants. These NFTs come with unique benefits, including:
1.05x Multiplier Effect when claiming tokens
10,000 Candy Points for each NFT holder
How to Get A Voyager Pass NFT
There are two main ways to receive a Voyager Pass NFT:
Galxe Campaign: 7,000 NFTs will be distributed via a raffle by completing social and on-chain tasks on the Galxe platform.
Partner Giveaways: 1,848 NFTs will be distributed by our esteemed partner Holdstation for their promo campaign. Stay tuned to their social platforms for details on how to participate and win.
Users can join the Quest on Galxe to get their NFT.
How to get Candy Points
To start earning points, users must sign up at https://portal.zkcandy.io/ using an invite code. After registering, each user will receive a unique invite code that can be used eight times only. More codes can be earned based on performance.
Here is a detailed article on how to earn candy points
Games for Campaign Participation
As a Campaign Participant, users will need to play ZKcandy ecosystem games and climb the leaderboards to earn points. The higher the rank, the more points they can earn. Here is the list of available games:
Sugar Rush: NFT minting game where players collect rare Candy NFTs from a mysterious vending machine. Each mint recharges the machine’s battery, and players race to gather all eight candies before the battery dies, earning a special Master Candy NFT as a reward.
BTFDWTF: Social arcade platform that has partnered with ZKcandy to bring engaging games like Dinosaur Crash and CT Crash to the Testnet. Players can earn “Chips” through daily check-ins or by purchasing them, with a no-loss gaming experience that emphasizes timing and strategy.
EVM Warfare: Third-person shooter set in a dystopian future, offering intense deathmatches and seamless blockchain integration. Players earn rewards based on their performance, with special items for leaderboard leaders.
Choo Choo Spirits: Competitive game where players control snake-like spirits, collecting food to grow longer and outmaneuver rivals. The goal is to reach the top of the leaderboard, with rewards given to the highest scorers.
Quests
Users can also earn points by completing quests on our platform. There are a few initial quests available now, and we plan to add more social and on-chain quests as we move forward with the campaign.
Link
Referral Program
ZKCandy's referral program is a great way to earn points by inviting friends to join ZKcandy ecosystem. Here’s how it works:
Invite Friends: Users can share their unique referral link. When someone joins using the link, they will receive a welcome bonus of 150 points.
Earning More with Tiers: Users will also earn points based on the activity of those you refer.
1st Tier Referral: Earn 10% of the points user's direct referrals earn.
2nd Tier Referral: Earn 5% of the points that user's referrals’ referrals earn.
Note: Upon sign-up, every user will be given a unique invite code. Each code can only be used eight times. Users may also earn additional uses by achieving point-based milestones. The more people you invite, the more points you can accumulate through their participation!
Users can read more details about the referral program.
Campaign Timeline
Campaign Duration: 9 September 2024 – 9 October 2024
Joining the Voyage
To participate in the ZKcandy Voyage public testnet campaign, users can visit ZKcandy’s portal (portal.zkcandy.io). By participating, users will help shape the future of the ZKcandy platform and enhance the future gaming experience.
About ZKcandy
ZKcandy is an Ethereum-based gaming network developed and operated by iCandy, the largest game developer in Southeast Asia with a track record of building 500+ games, 300M+ gamers, 750 employees, publicly traded on the ASX. This platform strategically leverages ZK rollup technology powered by ZKsync, and is designed specifically for gaming and meme entertainment within the ZKsync Elastic Chain.
Stay Connected
Stay updated on the latest news and announcements by following us on our social media channels. Your journey with ZKcandy is just the beginning, and we are excited to embark on this adventure together!
Orbitt MM to Power Volume Boosts on Pump.Fun for Solana Projects (9 Sep)
Dubai, UAE, September 9th, 2024, Chainwire
Solana project accelerator Orbitt has announced that its market making service now supports Pump.Fun volume boosts. Orbitt MM will help to increase the trading volume and visibility of Pump.Fun token launches, maximizing the prospects of project success.
Orbitt MM’s Pump.Fun integration will make it easier for memecoin projects to capture the sort of volume that attracts users and adds sustainability. Widely used by Solana token projects seeking to increase volume, Orbitt MM has now been optimized for Pump.Fun’s token launchpad.
Orbitt MM allows Pump.Fun projects and communities to grow a level of pre- and post-launch volume that attracts interest and draws greater capital inflows. It can also be used in CTOs (community takeovers) to revive Pump.Fun projects and give original memecoin concepts a chance to receive the attention they deserve.
Once a token completes the bonding curve on Pump.Fun and reaches Raydium, Orbitt MM will automatically transition the volume-boosting process to Raydium.
Artur Guliński of Orbitt said: “Pump.Fun has been a genuine gamechanger in democratizing access to the memes of production but has become a victim of its own success. Creators are no longer incentivized to build for the long-term, while quality projects are crowded out. Orbitt MM fixes that, allowing legitimate projects to attract higher volume that will distinguish them from the chasing pack and provide a foundation for success.”
Pump.Fun is the world’s top protocol based on fees, with its 24-hour revenues routinely outpacing the next 15 crypto protocols combined. By empowering anyone to create a token in just a few clicks, it’s driven down the barriers to memecoin generation. Its success has seen a string of similar no-code launchers spring up on other blockchains.
Orbitt MM aims to restore trust in communities by allowing them to identify legitimate projects that have invested in a professional volume-boosting solution. The increased volume boost this service brings will have a flywheel effect, attracting more users and reducing volatility. In the process, it will enable memecoin creators to signal that they are intent on building over a longer time horizon, from pre-launch to post-launch and beyond.
About Orbitt
Orbitt is a comprehensive ecosystem within the Solana blockchain, designed to provide innovative tools and services for crypto projects, investors, and developers. The ecosystem includes Orbitt MM, a leading volume-boosting tool; Orbitt PRO, an AI-driven platform offering advanced trading insights; and soon coming, Orbitt PAD, a launchpad focused on supporting high-quality, vetted projects. At the heart of Orbitt is the $ORBT token, which drives the ecosystem through strategic buybacks, staking rewards, and a commitment to fostering sustainable growth and innovation in the crypto space.