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@GemX_Crypto
https://gemx.io/
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Fusionist: Revolutionizing Blockchain Gaming with Next-Gen P2E Platform
🔸Fusionist is a blockchain-based "Play-to-Earn (P2E)" gaming platform with three unique NFT titles: Colonize, Conquer, and Unite.
🔸These games offer distinct gameplay experiences, including build simulation, turn-based strategy, and 4X strategy.
Key Features:
🔸 Gameplay Paths: Fusionist integrates build simulation, turn-based strategy, and 4X strategy gameplay.
🔸 Endurance Blockchain: A Layer 1 blockchain utilizing Proof of Stake (PoS) and Proof of Authority (PoA) consensus, designed for seamless on-chain transactions and high compatibility with Ethereum Virtual Machine (EVM).
🔸 Ace Domain: A digital identity solution offering .ace IDs, developed with FlamaTech.
Games:
🔸 Colonize: Focuses on construction simulation and resource management.
🔸 Conquer: Features turn-based robot combat in PvE and PvP modes.
🔸 Unite: A 4X strategy game involving exploration, resource exploitation, and territorial expansion.
$ACE Token:
- Token Metrics: Total Supply: 147,000,000 ACE, Circulating Supply: 21,969,520 ACE
- Use Cases: In-game transactions, ecosystem interaction, staking, governance, and transaction fees.
Team, Investors, and Partners:
🔸 Team: Comprising industry veterans from companies like Tencent and Moonton.
🔸 Investors: Raised $6.6 million in a seed round from Binance Labs and FunPlus.
🔸 Partners: Particle Network, Redbrick, SmartTokenLabs, and XTERIO.
📌Read more: http://gemx.io/research/what-is-fusionist-overview-of-the-next-generation-blockchain-gaming-platform
📌 Join GemX Crypto Community
🔸These games offer distinct gameplay experiences, including build simulation, turn-based strategy, and 4X strategy.
Key Features:
🔸 Gameplay Paths: Fusionist integrates build simulation, turn-based strategy, and 4X strategy gameplay.
🔸 Endurance Blockchain: A Layer 1 blockchain utilizing Proof of Stake (PoS) and Proof of Authority (PoA) consensus, designed for seamless on-chain transactions and high compatibility with Ethereum Virtual Machine (EVM).
🔸 Ace Domain: A digital identity solution offering .ace IDs, developed with FlamaTech.
Games:
🔸 Colonize: Focuses on construction simulation and resource management.
🔸 Conquer: Features turn-based robot combat in PvE and PvP modes.
🔸 Unite: A 4X strategy game involving exploration, resource exploitation, and territorial expansion.
$ACE Token:
- Token Metrics: Total Supply: 147,000,000 ACE, Circulating Supply: 21,969,520 ACE
- Use Cases: In-game transactions, ecosystem interaction, staking, governance, and transaction fees.
Team, Investors, and Partners:
🔸 Team: Comprising industry veterans from companies like Tencent and Moonton.
🔸 Investors: Raised $6.6 million in a seed round from Binance Labs and FunPlus.
🔸 Partners: Particle Network, Redbrick, SmartTokenLabs, and XTERIO.
📌Read more: http://gemx.io/research/what-is-fusionist-overview-of-the-next-generation-blockchain-gaming-platform
📌 Join GemX Crypto Community
🔥zkSync Officially Announces Airdrop
zkSync will airdrop 3.675 billion ZK tokens to early users and investors of the Ethereum Layer 2 network zkSync next week.
✅Criteria:
- Interact with 10 smart contracts
- Add liquidity to DeFi protocols
- Contribute to a Gitcoin round on zkSync Lite
- Trade 10 different ERC20 tokens
- Own a Libertas Omnibus NFT
- Use paymaster for 5 transactions
- Trade on zkSync Lite in 3 different months before the zkSync Era mainnet launch
- A wallet that previously won $DEGEN and $BONSAI, and holds Pudgy and Milady NFTs.
Token distribution:
Total supply: 21 billion ZK tokens
- Airdrop: 17.5%
- Eco Incentives: 19.9%
- Foundation: 29.3%
- Team: 16.1%
- Investors: 17.2%
The project states that the wallet selection criteria is based on a snapshot of activities on zkSync Era and zkSync Lite taken at 07:00 AM on March 24, 2024, marking the one-year anniversary of the mainnet launch.
👉Check Airdrop at: http://claim.zknation.io
#zkSync #Airdrop #GemxCrypto
zkSync will airdrop 3.675 billion ZK tokens to early users and investors of the Ethereum Layer 2 network zkSync next week.
✅Criteria:
- Interact with 10 smart contracts
- Add liquidity to DeFi protocols
- Contribute to a Gitcoin round on zkSync Lite
- Trade 10 different ERC20 tokens
- Own a Libertas Omnibus NFT
- Use paymaster for 5 transactions
- Trade on zkSync Lite in 3 different months before the zkSync Era mainnet launch
- A wallet that previously won $DEGEN and $BONSAI, and holds Pudgy and Milady NFTs.
Token distribution:
Total supply: 21 billion ZK tokens
- Airdrop: 17.5%
- Eco Incentives: 19.9%
- Foundation: 29.3%
- Team: 16.1%
- Investors: 17.2%
The project states that the wallet selection criteria is based on a snapshot of activities on zkSync Era and zkSync Lite taken at 07:00 AM on March 24, 2024, marking the one-year anniversary of the mainnet launch.
👉Check Airdrop at: http://claim.zknation.io
#zkSync #Airdrop #GemxCrypto
✨$IO WILL BE LISTED ON BINANCE ON JUNE 11TH
👉io.net It's a first AI Cloud Computing Platform on Solana & This is truly RWA Narrative
🔥Farm IO by Staking BNB and FDUSD
💥$IO will be listed on Binance (June 11th, 12:00) Check & claim your tokens: http://iogapp.co/ignition-program……
#Binance's #IO
👉io.net It's a first AI Cloud Computing Platform on Solana & This is truly RWA Narrative
🔥Farm IO by Staking BNB and FDUSD
💥$IO will be listed on Binance (June 11th, 12:00) Check & claim your tokens: http://iogapp.co/ignition-program……
#Binance's #IO
Berachain is the Cosmos-powered layer 1 blockchain that's EVM compatible.
💰Has successfully raised $42M from investors including Polychain and Shima Capital.
Explore more about Berachain through our One-Page Overview below👇
#GemxCrypto #Berachain #Blockchain
💰Has successfully raised $42M from investors including Polychain and Shima Capital.
Explore more about Berachain through our One-Page Overview below👇
#GemxCrypto #Berachain #Blockchain
CHAINLINK’S NETWORK EXPLAINED
❇️Launched in 2017, Chainlink has gradually become a giant in the Oracle field. So what is the Chainlink project?
Let's delve into below👇
1/ Introducing Chainlink
⭐Founded in 2017 by Sergey Nazarov and Steve Ellis, it's bridging blockchain smart contracts and real-world data through a decentralized oracle network!
2/ LINK is the native token of Chainlink network
💢Paying node operators for data retrieval and staking as insurance for accuracy. An ICO in Sep 2017 raised $32M selling 350M LINK tokens. Currently, 538M LINK in circulation of a max supply of 1B.
3/ Chainlink was born to solve the "oracle problem"
🎯Connect real-world data to smart contracts. It acts as a decentralized oracle network, securely accessing external data feeds, web APIs, and traditional payments.
4/ The LINK token is ERC-20
✨With ERC-223 functionality for transfers. Paying node operators for smart contract data, they must stake LINK for work and insurance. A self-contained yet interactive blockchain experience!
5/ Major Partnerships & Developments
🤝Chainlink made strides with Google, Oracle, SWIFT, Ethereum, Polkadot, and Cardano. The Chainlink 2.0 whitepaper brought upgrades - decentralized oracles, off-chain computation, and privacy features!
6/ Current Status
🍀As of July 2023, Chainlink trades at around $7.80, an 85% drop from its ATH in May 2021. A market cap of $4.2B places it in the top 20 cryptocurrencies. With integrations across major blockchains, Chainlink secures $75B in value!
7/Roadmap & Projections
♨️Chainlink eyes version 1.0 of its staking protocol in 2023, meeting demand as hybrid smart contracts gain traction. Analysts predict a potential return to ATH, reaching $50+ in 2-5 years. But competition from API3, DIA & Band Protocol is a challenge.
8/ Conclusion
🌟Chainlink shines as a top blockchain oracle network, securing billions in DeFi and blockchain apps. Expanding partnerships and network is key to LINK's growth. The future is bright, but competition intensifies in the oracle space!
💧Embrace the power of Chainlink, connecting blockchain and real-world data in a secure and decentralized manner!
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
Let's delve into below👇
1/ Introducing Chainlink
⭐Founded in 2017 by Sergey Nazarov and Steve Ellis, it's bridging blockchain smart contracts and real-world data through a decentralized oracle network!
2/ LINK is the native token of Chainlink network
💢Paying node operators for data retrieval and staking as insurance for accuracy. An ICO in Sep 2017 raised $32M selling 350M LINK tokens. Currently, 538M LINK in circulation of a max supply of 1B.
3/ Chainlink was born to solve the "oracle problem"
🎯Connect real-world data to smart contracts. It acts as a decentralized oracle network, securely accessing external data feeds, web APIs, and traditional payments.
4/ The LINK token is ERC-20
✨With ERC-223 functionality for transfers. Paying node operators for smart contract data, they must stake LINK for work and insurance. A self-contained yet interactive blockchain experience!
5/ Major Partnerships & Developments
🤝Chainlink made strides with Google, Oracle, SWIFT, Ethereum, Polkadot, and Cardano. The Chainlink 2.0 whitepaper brought upgrades - decentralized oracles, off-chain computation, and privacy features!
6/ Current Status
🍀As of July 2023, Chainlink trades at around $7.80, an 85% drop from its ATH in May 2021. A market cap of $4.2B places it in the top 20 cryptocurrencies. With integrations across major blockchains, Chainlink secures $75B in value!
7/Roadmap & Projections
♨️Chainlink eyes version 1.0 of its staking protocol in 2023, meeting demand as hybrid smart contracts gain traction. Analysts predict a potential return to ATH, reaching $50+ in 2-5 years. But competition from API3, DIA & Band Protocol is a challenge.
8/ Conclusion
🌟Chainlink shines as a top blockchain oracle network, securing billions in DeFi and blockchain apps. Expanding partnerships and network is key to LINK's growth. The future is bright, but competition intensifies in the oracle space!
💧Embrace the power of Chainlink, connecting blockchain and real-world data in a secure and decentralized manner!
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
📈Market Overview
#Bitcoin❗️ trades around $69K. The top10 cryptos are traded in different directions.
Market capitalization: $2.69T (-0.48%)
The #BTC dominance: 50.58% (+0.35%)
Fear & Greed Index: 73 (Greed)
👉 Top Gainers
$QUACK - Quack +127.2%
$JULD - JulSwap DAO +75.8%
$BENJI - Basenji +74.4%
$MBS - UNKJD +69.7%
$PHONE - Metaphone +66.8%
#GemxCrypto #CryptoWatchMay2024 #Blockchain
#Bitcoin❗️ trades around $69K. The top10 cryptos are traded in different directions.
Market capitalization: $2.69T (-0.48%)
The #BTC dominance: 50.58% (+0.35%)
Fear & Greed Index: 73 (Greed)
👉 Top Gainers
$QUACK - Quack +127.2%
$JULD - JulSwap DAO +75.8%
$BENJI - Basenji +74.4%
$MBS - UNKJD +69.7%
$PHONE - Metaphone +66.8%
#GemxCrypto #CryptoWatchMay2024 #Blockchain
LayerZero is now live in Mainnet Beta on Solana!
This integration will connect Solana with over 70 other chains supported by LayerZero, enabling applications and tokens to seamlessly interact across these networks.
Let's explore more👇
1/ Crypto bridging protocol LayerZero is set to expand to the Solana blockchain on Wednesday, adding another route for crypto assets transferring between the Ethereum world and its largest singular competitor.
2/ Crypto holders on Solana will be able to move their assets to Arbitrum, Ethereum, Polygon and the 70 other chains it links to – and vice-versa, Layer Zero Labs, the company developing the bridging protocol, said
3/ LayerZero is a so-called bridging platform: a messenger between blockchains that don’t naturally communicate with each other. Its users moved $6.7 billion worth of cryptocurrencies in the first quarter of 2024, generating $11.5 million in revenue.
4/ Private venture investors valued LayerZero Labs at $3 billion in a major funding round announced in April. The protocol is expected to issue its own token shortly.
5/ Solana, whose native token $SOL is the fifth-largest cryptocurrency by market cap per CoinGecko, has three other major bridging protocols that link it to the far-larger Ethereum ecosystem, most notably Wormhole.
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
#LayerZero #GemxCrypto
This integration will connect Solana with over 70 other chains supported by LayerZero, enabling applications and tokens to seamlessly interact across these networks.
Let's explore more👇
1/ Crypto bridging protocol LayerZero is set to expand to the Solana blockchain on Wednesday, adding another route for crypto assets transferring between the Ethereum world and its largest singular competitor.
2/ Crypto holders on Solana will be able to move their assets to Arbitrum, Ethereum, Polygon and the 70 other chains it links to – and vice-versa, Layer Zero Labs, the company developing the bridging protocol, said
3/ LayerZero is a so-called bridging platform: a messenger between blockchains that don’t naturally communicate with each other. Its users moved $6.7 billion worth of cryptocurrencies in the first quarter of 2024, generating $11.5 million in revenue.
4/ Private venture investors valued LayerZero Labs at $3 billion in a major funding round announced in April. The protocol is expected to issue its own token shortly.
5/ Solana, whose native token $SOL is the fifth-largest cryptocurrency by market cap per CoinGecko, has three other major bridging protocols that link it to the far-larger Ethereum ecosystem, most notably Wormhole.
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
#LayerZero #GemxCrypto
🔥 DONALD TRUMP AND THE SPIN WITH BITCOIN
❇️ From a critic of cryptocurrency, Former President Donald Trump has had his own best-selling NFT collections.
✅ Returning to the race for the presidential election, Trump complimented: "I'm very positive and open to cryptocurrency companies and all things related to the new and growing industry. Our country must lead in this field".
👉 The 2024 election takes place on November 5, 2024. Please follow the channel to update the latest information.
#DonaldTrump #BTC☀️ #GemxCrypto
❇️ From a critic of cryptocurrency, Former President Donald Trump has had his own best-selling NFT collections.
✅ Returning to the race for the presidential election, Trump complimented: "I'm very positive and open to cryptocurrency companies and all things related to the new and growing industry. Our country must lead in this field".
👉 The 2024 election takes place on November 5, 2024. Please follow the channel to update the latest information.
#DonaldTrump #BTC☀️ #GemxCrypto
🚀Catizen: The Next Notcoin On Ton Network
🔥Given the remarkable success of Not Coin upon its listing on Binance and OKX, could Catizen be the next big name in the TON ecosystem?
Let's delve into below👇
1/ What is Catizen?
Catizen is a cat-raising game on the Ton ecosystem, combining Metaverse, GameFi, and AI. With its simple gameplay mechanics, it has garnered significant attention from the community.
2/ Ton Network and Notcoin
Notcoin, a game on Telegram, created a buzz with its simple money-making mechanism. The success of Notcoin inspired many projects, including Catizen.
3/ Developed by Pluto Studio
Catizen is developed by Pluto Studio, known for the game Tap Fantasy. Pluto Studio has received substantial support from the Ton Foundation.
4/ Initial Success
Launched in Beta on 19/03/2024, Catizen attracted over 1 million players and reached 260,000 daily active users. The current number of players is nearly 4 million.
5/ Simple and Engaging Gameplay
Players start with 12 default cat nests, create more cats, and upgrade them to increase coin collection speed. Cats can be bought at different levels using gold or FISH tokens.
6/ Launchpool Mode
Players can stake FISH tokens or upgrade cats to receive bigger rewards. To earn more FISH tokens, players can complete quests, go fishing, or make purchases.
7/ Future of Catizen
Catizen aims to become a gaming platform on Telegram, collaborating with many popular mini-games. The goal is to empower loyal players and token holders.
8/ Conclusion
With the support of Ton Network and development by Pluto Studio, Catizen is rapidly becoming one of the most popular GameFi games. Will Catizen be the next Notcoin? Let’s wait and see!
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
#Catizen #GemxCrypto
🔥Given the remarkable success of Not Coin upon its listing on Binance and OKX, could Catizen be the next big name in the TON ecosystem?
Let's delve into below👇
1/ What is Catizen?
Catizen is a cat-raising game on the Ton ecosystem, combining Metaverse, GameFi, and AI. With its simple gameplay mechanics, it has garnered significant attention from the community.
2/ Ton Network and Notcoin
Notcoin, a game on Telegram, created a buzz with its simple money-making mechanism. The success of Notcoin inspired many projects, including Catizen.
3/ Developed by Pluto Studio
Catizen is developed by Pluto Studio, known for the game Tap Fantasy. Pluto Studio has received substantial support from the Ton Foundation.
4/ Initial Success
Launched in Beta on 19/03/2024, Catizen attracted over 1 million players and reached 260,000 daily active users. The current number of players is nearly 4 million.
5/ Simple and Engaging Gameplay
Players start with 12 default cat nests, create more cats, and upgrade them to increase coin collection speed. Cats can be bought at different levels using gold or FISH tokens.
6/ Launchpool Mode
Players can stake FISH tokens or upgrade cats to receive bigger rewards. To earn more FISH tokens, players can complete quests, go fishing, or make purchases.
7/ Future of Catizen
Catizen aims to become a gaming platform on Telegram, collaborating with many popular mini-games. The goal is to empower loyal players and token holders.
8/ Conclusion
With the support of Ton Network and development by Pluto Studio, Catizen is rapidly becoming one of the most popular GameFi games. Will Catizen be the next Notcoin? Let’s wait and see!
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
#Catizen #GemxCrypto
Fantasy Top: A New Digital Trading Card Game on Blast
🖼️Fantasy Top: A New Digital Trading Card Game on Blast
Fantasy_top_, a new digital card game on Blast, uses NFTs based on Crypto Twitter figures. This innovative approach blends fantasy sports mechanics with on-chain culture.
Let's explore more👇
1/ What is Fantasy Top
Fantasy Top turns prominent Crypto Twitter figures into collectible, tradable NFT cards. This game offers a unique platform where players can buy, sell, and compete using cards based on real-world Twitter engagement of crypto influencers.
2/ Rapid Growth and Popularity
Since its launch, Fantasy Top has rapidly gained traction, earning over $9 million in revenue from fantasy cards. Players are drawn to its trading, tournaments, and in-game incentives like FAN Points.
3/ How to Join Fantasy Top
Joining Fantasy Top is simple:
1. Sign In: Visit the Fantasy Top website and sign in using your Twitter account.
2. Wallet Setup: Set up your on-chain wallet via Privy.
3. Enter Code: Use referral code `Datawalletcom` for additional rewards.
4. Collect Cards: Purchase cards in the marketplace or earn them in competitions.
5. Compete: Register your deck and start competing in tournaments.
4/ Fantasy Top Gameplay Mechanics
-Main Tournament and Leagues: Compete with teams of five influencers, ranked based on their "Hero Score" from Twitter activity.
- Sub Tournaments: Specialized competitions focusing on specific card groups.
- Card System: Cards come in four rarity levels—Uncommon, Rare, Epic, and Legendary. Upgrade cards by merging multiples to enhance rarity.
- Trading and Collecting: Buy, sell, and bid on cards in the marketplace with a 3% transaction fee. Purchase packs with random cards from the game’s store.
5/ What are FAN Points?
FAN Points are the in-game currency used to unlock advantages and exclusive content. Earn points by completing daily quests or achieving game objectives, and use them to access unique packs, special events, elite competitions, and lotteries for substantial rewards.
6/ The Ethereum Layer-2 Network, Blast
Fantasy Top is built on Blast, an Ethereum layer-2 network, ensuring fast, secure, and low-cost transactions. This integration supports the game's scalability and robust performance.
7/ Bottom Line
Fantasy Top merges cryptocurrency and digital gaming, offering a unique trading card platform where players compete using NFTs based on Crypto Twitter influencers.
With strategic gameplay, trading, and real-world social media interactions, Fantasy Top is set to revolutionize the crypto gaming landscape.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
#FantasyTop #GemxCrypto
Fantasy_top_, a new digital card game on Blast, uses NFTs based on Crypto Twitter figures. This innovative approach blends fantasy sports mechanics with on-chain culture.
Let's explore more👇
1/ What is Fantasy Top
Fantasy Top turns prominent Crypto Twitter figures into collectible, tradable NFT cards. This game offers a unique platform where players can buy, sell, and compete using cards based on real-world Twitter engagement of crypto influencers.
2/ Rapid Growth and Popularity
Since its launch, Fantasy Top has rapidly gained traction, earning over $9 million in revenue from fantasy cards. Players are drawn to its trading, tournaments, and in-game incentives like FAN Points.
3/ How to Join Fantasy Top
Joining Fantasy Top is simple:
1. Sign In: Visit the Fantasy Top website and sign in using your Twitter account.
2. Wallet Setup: Set up your on-chain wallet via Privy.
3. Enter Code: Use referral code `Datawalletcom` for additional rewards.
4. Collect Cards: Purchase cards in the marketplace or earn them in competitions.
5. Compete: Register your deck and start competing in tournaments.
4/ Fantasy Top Gameplay Mechanics
-Main Tournament and Leagues: Compete with teams of five influencers, ranked based on their "Hero Score" from Twitter activity.
- Sub Tournaments: Specialized competitions focusing on specific card groups.
- Card System: Cards come in four rarity levels—Uncommon, Rare, Epic, and Legendary. Upgrade cards by merging multiples to enhance rarity.
- Trading and Collecting: Buy, sell, and bid on cards in the marketplace with a 3% transaction fee. Purchase packs with random cards from the game’s store.
5/ What are FAN Points?
FAN Points are the in-game currency used to unlock advantages and exclusive content. Earn points by completing daily quests or achieving game objectives, and use them to access unique packs, special events, elite competitions, and lotteries for substantial rewards.
6/ The Ethereum Layer-2 Network, Blast
Fantasy Top is built on Blast, an Ethereum layer-2 network, ensuring fast, secure, and low-cost transactions. This integration supports the game's scalability and robust performance.
7/ Bottom Line
Fantasy Top merges cryptocurrency and digital gaming, offering a unique trading card platform where players compete using NFTs based on Crypto Twitter influencers.
With strategic gameplay, trading, and real-world social media interactions, Fantasy Top is set to revolutionize the crypto gaming landscape.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
#FantasyTop #GemxCrypto
🌟Mocaverse: Unveiling Animoca Brands' Web3 Masterpiece
MocaverseNFT, a new project developed by Animoca Brands, has recently garnered attention in the Web3 space.
This thread aims to provide a overview of Mocaverse, exploring its features & functionalities.
1/ What is Mocaverse?
Mocaverse is a web 3 platform connecting web 2 users to the web 3 space. Developed by Animoca Brands, this project features a core NFT collection designed to bridge the gap between traditional and decentralized worlds.
2/ Highlights of Mocaverse
- Developed by Animoca Brands, a leading investor in gaming, NFTs, and the metaverse.
- Unique design: Each Mocas character is visually distinct, crafted by talented artists.
- Owners benefit from game experiences and contribute to project ideas.
3/Moca XP
Moca XP rewards users for interacting with Mocaverse through staking, ecosystem experiences, and community contributions.
XP points can be used for ecosystem utilities or trading tools in the Cosmic Hunt. XP is linked to NFTs, transferring with them upon sale.
4/ Moca ID
Moca ID is a decentralized on-chain identity system granting access to over 450 companies in Animoca Brands' portfolio and partners.
It serves as a wallet address, username, and membership card for the Mocaverse community.
5/ Realm Points (RP)
RP helps users build reputation in Mocaverse. By completing tasks, users earn RP, enhancing their profiles. With Moca ID on-chain, RP highlights on-chain activities.
Players use their Mocas in online games and complete Mocaverse tasks for RP.
6/ Utility of Mocaverse NFTs
- Blockchain: Ethereum
- Total Supply: 8,888 NFTs
- Price: 4.1 ETH
Holders can access:
- Learning sessions and exclusive AMAs with Web3 experts.
- Gaming experiences and new ecosystem products.
- Social contribution initiatives.
7/Mocaverse raised $20M in September 2023 and another $11.88M in December 2023 from leading investors.
Backed by top-tier funds like Animoca Brands, Mocaverse is poised for substantial growth.
#MocaverseNFT #GemxCrypto
MocaverseNFT, a new project developed by Animoca Brands, has recently garnered attention in the Web3 space.
This thread aims to provide a overview of Mocaverse, exploring its features & functionalities.
1/ What is Mocaverse?
Mocaverse is a web 3 platform connecting web 2 users to the web 3 space. Developed by Animoca Brands, this project features a core NFT collection designed to bridge the gap between traditional and decentralized worlds.
2/ Highlights of Mocaverse
- Developed by Animoca Brands, a leading investor in gaming, NFTs, and the metaverse.
- Unique design: Each Mocas character is visually distinct, crafted by talented artists.
- Owners benefit from game experiences and contribute to project ideas.
3/Moca XP
Moca XP rewards users for interacting with Mocaverse through staking, ecosystem experiences, and community contributions.
XP points can be used for ecosystem utilities or trading tools in the Cosmic Hunt. XP is linked to NFTs, transferring with them upon sale.
4/ Moca ID
Moca ID is a decentralized on-chain identity system granting access to over 450 companies in Animoca Brands' portfolio and partners.
It serves as a wallet address, username, and membership card for the Mocaverse community.
5/ Realm Points (RP)
RP helps users build reputation in Mocaverse. By completing tasks, users earn RP, enhancing their profiles. With Moca ID on-chain, RP highlights on-chain activities.
Players use their Mocas in online games and complete Mocaverse tasks for RP.
6/ Utility of Mocaverse NFTs
- Blockchain: Ethereum
- Total Supply: 8,888 NFTs
- Price: 4.1 ETH
Holders can access:
- Learning sessions and exclusive AMAs with Web3 experts.
- Gaming experiences and new ecosystem products.
- Social contribution initiatives.
7/Mocaverse raised $20M in September 2023 and another $11.88M in December 2023 from leading investors.
Backed by top-tier funds like Animoca Brands, Mocaverse is poised for substantial growth.
#MocaverseNFT #GemxCrypto
🚀BounceBit: Transforming the BTC Landscape
The BTC L2 space is undergoing a transformation, marked by the emergence of diverse innovative approaches. @bounce_bit leads this charge, shifting from L2 to L1 and redefining the BTC ecosystem
Deep dive incoming👇
1. Overview :
BounceBit is the first POS Layer1 restaking Bitcoin network, secured by stacking Bitcoin and $BB tokens. It's constructing a BTC restacking infrastructure that provides a foundation for various restacking products, governed by the regulations of Mainnet Digital and Ceffu. Through an enhanced CeFi + DeFi framework, BounceBit empowers BTC holders to profit across multiple networks.
2. Key Features of BB:
• Provides avenues for active BTC holders to engage their assets in NFT and DeFi markets.
• Dual-token integration between BBTC and BB.
• Creates a comprehensive ecosystem for both retailers and organizations, democratizing access to Bitcoin-based financial products.
• Integrates BTC across multi-chain environments.
• Focuses on integrating smart contract capabilities to drive Dapps development within the BTC ecosystem.
• Helps users profit from asset deposits like funding rate differentials from CEX exchanges and fixed earnings.
3. Current Status and Outlook:
BounceBit has garnered significant user interest with its testnet experience, promising future airdrops upon the mainnet launch.
Noteworthy statistics include:
• BTC: $792M (79.2%)
• USDT + FDUSD: $140M (14%)
• WBTC + BB: $68.2M (6.82%)
• Total Users: 190,965
4. Tokenomics:
• Ticker: $BB
• Circulating Supply: 410,000,000 $BB
• Total Supply: 2,100,000,000 $BB
• $BB Use Cases: Staking, validator rewards, gas fees, governance, and voting
5. Conclusion:
BounceBit is poised to revolutionize the Bitcoin ecosystem with its Layer 1 approach and strategic partnerships.
With a strong community and robust tokenomics, it presents an attractive investment opportunity with significant growth potential.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice.
#BounceBit
The BTC L2 space is undergoing a transformation, marked by the emergence of diverse innovative approaches. @bounce_bit leads this charge, shifting from L2 to L1 and redefining the BTC ecosystem
Deep dive incoming👇
1. Overview :
BounceBit is the first POS Layer1 restaking Bitcoin network, secured by stacking Bitcoin and $BB tokens. It's constructing a BTC restacking infrastructure that provides a foundation for various restacking products, governed by the regulations of Mainnet Digital and Ceffu. Through an enhanced CeFi + DeFi framework, BounceBit empowers BTC holders to profit across multiple networks.
2. Key Features of BB:
• Provides avenues for active BTC holders to engage their assets in NFT and DeFi markets.
• Dual-token integration between BBTC and BB.
• Creates a comprehensive ecosystem for both retailers and organizations, democratizing access to Bitcoin-based financial products.
• Integrates BTC across multi-chain environments.
• Focuses on integrating smart contract capabilities to drive Dapps development within the BTC ecosystem.
• Helps users profit from asset deposits like funding rate differentials from CEX exchanges and fixed earnings.
3. Current Status and Outlook:
BounceBit has garnered significant user interest with its testnet experience, promising future airdrops upon the mainnet launch.
Noteworthy statistics include:
• BTC: $792M (79.2%)
• USDT + FDUSD: $140M (14%)
• WBTC + BB: $68.2M (6.82%)
• Total Users: 190,965
4. Tokenomics:
• Ticker: $BB
• Circulating Supply: 410,000,000 $BB
• Total Supply: 2,100,000,000 $BB
• $BB Use Cases: Staking, validator rewards, gas fees, governance, and voting
5. Conclusion:
BounceBit is poised to revolutionize the Bitcoin ecosystem with its Layer 1 approach and strategic partnerships.
With a strong community and robust tokenomics, it presents an attractive investment opportunity with significant growth potential.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice.
#BounceBit
🛡️EigenLayer - A Deep Dive Thread
Eigenlayer, a groundbreaking protocol on Ethereum that's shaking things up! This thread will unpack its potential and how it's redefining DeFi security.
Let's deep dive now👇
1/ Reusing Staked Assets
EigenLayer introduces "restaking," allowing you to contribute to the security of multiple services within the Ethereum ecosystem. This not only increases the TVL to a staggering $15 billion but also opens doors for exciting possibilities.
2/ Stronger Security for Ethereum
By diversifying Ethereum's security through restaking, EigenLayer strengthens trust assurances for various services. This not only benefits individual projects but also bolsters the entire Ethereum ecosystem.
3/ How EigenLayer Works
EigenLayer builds upon Ethereum's existing staking system. You deposit your ETH or LSTs and choose specific smart contracts to support. Through restaking, your assets contribute to the security of those services, making the entire network more robust.
4/ EigenDA
EigenDA is an Actively Validated Service (AVS) that integrates with Ethereum through EigenLayer. It ensures secure, efficient, and scalable data storage and accessibility. By delegating your stake to node operators for validation tasks, you contribute to faster transactions and lower costs.
5/ EIGEN Airdrop
The EigenLayer airdrop, labeled as stakedrop, distributes EIGEN tokens to the community. In Season 1, 5% of the initial supply is allocated to active restakers. Claims open on May 10, 2024, rewarding community participation and contributions
6/ Intersubjective Forking
EigenLayer tackles subjective faults in blockchain systems through a novel concept called intersubjective forking. This feature enforces penalties on offending parties by slashing their stakes in a forked version of the token. It's a powerful tool for ensuring responsible behavior within the network.
#EigenLayer #GemxCrypto
Eigenlayer, a groundbreaking protocol on Ethereum that's shaking things up! This thread will unpack its potential and how it's redefining DeFi security.
Let's deep dive now👇
1/ Reusing Staked Assets
EigenLayer introduces "restaking," allowing you to contribute to the security of multiple services within the Ethereum ecosystem. This not only increases the TVL to a staggering $15 billion but also opens doors for exciting possibilities.
2/ Stronger Security for Ethereum
By diversifying Ethereum's security through restaking, EigenLayer strengthens trust assurances for various services. This not only benefits individual projects but also bolsters the entire Ethereum ecosystem.
3/ How EigenLayer Works
EigenLayer builds upon Ethereum's existing staking system. You deposit your ETH or LSTs and choose specific smart contracts to support. Through restaking, your assets contribute to the security of those services, making the entire network more robust.
4/ EigenDA
EigenDA is an Actively Validated Service (AVS) that integrates with Ethereum through EigenLayer. It ensures secure, efficient, and scalable data storage and accessibility. By delegating your stake to node operators for validation tasks, you contribute to faster transactions and lower costs.
5/ EIGEN Airdrop
The EigenLayer airdrop, labeled as stakedrop, distributes EIGEN tokens to the community. In Season 1, 5% of the initial supply is allocated to active restakers. Claims open on May 10, 2024, rewarding community participation and contributions
6/ Intersubjective Forking
EigenLayer tackles subjective faults in blockchain systems through a novel concept called intersubjective forking. This feature enforces penalties on offending parties by slashing their stakes in a forked version of the token. It's a powerful tool for ensuring responsible behavior within the network.
#EigenLayer #GemxCrypto
🛑Render Network: A Deep Dive
@rendernetwork is a peer-to-peer (P2P) marketplace that connects users needing rendering power with devices possessing idle GPUs. But how did it come to be, and how does it work?
Here's a breakdown of its key aspects⬇️
1/ Origin Story: Founded in 2017 by Jules Urbach, Render was initially built on Ethereum to democratize mixed reality experiences and more. Urbach's experience with OTOY paved the way for Render's development.
2/ Core Functionality: Render facilitates connections between "creators" with rendering tasks and "node operators" with idle GPUs. Creators submit jobs with a deposit of RNDR tokens, the network's native token.
Based on factors like reputation, jobs are assigned to node operators for completion and then delivered back to the creator for approval.
3/ Burn and Mint Equilibrium (2023): This mechanism introduced fiat pricing for jobs. When a job is paid for in fiat, 95% of the equivalent value in RNDR tokens is burned, reducing overall supply. The remaining 5% goes towards network development.
4/ RNDR Token Utility: RNDR serves two primary functions within the network:
• Payment: Used to pay for rendering jobs on the Render Network.
• Governance: Holders can participate in Decentralized Autonomous Organization (DAO) voting to influence network decisions.
5/ Tokenomics: Initially launched as an ERC-20 token on the Ethereum blockchain, RNDR has a theoretical maximum supply of approximately 644 million tokens.
A quarter of this supply was distributed through private and public sales in 2017. Information regarding team token holdings remains undisclosed.
6/ Render Network's evolution highlights its focus on democratizing access to GPU processing power and streamlining rendering workflows. With its innovative approach, the Render Network community has exciting prospects ahead.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
#RenderNetwork #GemxCrypto
@rendernetwork is a peer-to-peer (P2P) marketplace that connects users needing rendering power with devices possessing idle GPUs. But how did it come to be, and how does it work?
Here's a breakdown of its key aspects⬇️
1/ Origin Story: Founded in 2017 by Jules Urbach, Render was initially built on Ethereum to democratize mixed reality experiences and more. Urbach's experience with OTOY paved the way for Render's development.
2/ Core Functionality: Render facilitates connections between "creators" with rendering tasks and "node operators" with idle GPUs. Creators submit jobs with a deposit of RNDR tokens, the network's native token.
Based on factors like reputation, jobs are assigned to node operators for completion and then delivered back to the creator for approval.
3/ Burn and Mint Equilibrium (2023): This mechanism introduced fiat pricing for jobs. When a job is paid for in fiat, 95% of the equivalent value in RNDR tokens is burned, reducing overall supply. The remaining 5% goes towards network development.
4/ RNDR Token Utility: RNDR serves two primary functions within the network:
• Payment: Used to pay for rendering jobs on the Render Network.
• Governance: Holders can participate in Decentralized Autonomous Organization (DAO) voting to influence network decisions.
5/ Tokenomics: Initially launched as an ERC-20 token on the Ethereum blockchain, RNDR has a theoretical maximum supply of approximately 644 million tokens.
A quarter of this supply was distributed through private and public sales in 2017. Information regarding team token holdings remains undisclosed.
6/ Render Network's evolution highlights its focus on democratizing access to GPU processing power and streamlining rendering workflows. With its innovative approach, the Render Network community has exciting prospects ahead.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
#RenderNetwork #GemxCrypto
🎯Renzo One-Page Overview
@Renzo Protocol is your go-to Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. As the 53rd project on the Binance Launchpool, it's bursting with potential.
Let's explore more about Renzo by an One-page overview below👇
#GemxCrypto #Renzo
@Renzo Protocol is your go-to Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. As the 53rd project on the Binance Launchpool, it's bursting with potential.
Let's explore more about Renzo by an One-page overview below👇
#GemxCrypto #Renzo
⚡️Zetachain - The First Omnichain Concept
@zetablockchain, a novel concept in the crypto market. Offering a compelling option for developers and users seeking to leverage the benefits of mining on any blockchain.
🧵Let's dive into an overview of Zetachain
1/ What is Zetachain?
Zetachain is an omnichain platform addressing the gap between "cross-chain" and "multichain", aiming to expand crypto and global financial ecosystems for everyone.
It supports mobility and a multichain ecosystem within crypto, enabling users to harness any blockchain's benefits: Payments, DeFi, Liquidity, Games, Arts, Social Graphs, Security, and more.
2/ Key Features of Zetachain:
🔥Decentralized and public: Built on Cosmos SDK and Tendermint Consensus, Zetachain is a decentralized and public blockchain network.
🔥Hyper Node: Zetachain's nodes oversee transactions across all connected chains.
3/
🔥Omnichain smart contracts: Smart contracts deployed on Zetachain can read/write to connected chains.
🔥Managed external assets: Enables asset management across any chain, similar to a smart contract on a single chain managing assets on corresponding chains.
4/
🔥Cross-chain message passing: Developers can transmit messages (data and value) between chains and layers, enabling robust cross-chain Dapps with just a few functions deployed within their existing smart contracts.
5/ Zetachain Ecosystem:
Zetachain's ecosystem is relatively robust for a Layer1 blockchain with the project's current raised capital. The project continues to develop and build new Dapps in the future.
6/ Investors:
The project has been invested in by GSR, CTM Holdings, with funding of up to $27M. However, these are Tier 3 funds, not highly rated or well-known in previous investment deals.
7/ Conclusion:
Zetachain presents a promising option for users and developers seeking an omnichain solution.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
#ZetaChain #GemxCrypto
@zetablockchain, a novel concept in the crypto market. Offering a compelling option for developers and users seeking to leverage the benefits of mining on any blockchain.
🧵Let's dive into an overview of Zetachain
1/ What is Zetachain?
Zetachain is an omnichain platform addressing the gap between "cross-chain" and "multichain", aiming to expand crypto and global financial ecosystems for everyone.
It supports mobility and a multichain ecosystem within crypto, enabling users to harness any blockchain's benefits: Payments, DeFi, Liquidity, Games, Arts, Social Graphs, Security, and more.
2/ Key Features of Zetachain:
🔥Decentralized and public: Built on Cosmos SDK and Tendermint Consensus, Zetachain is a decentralized and public blockchain network.
🔥Hyper Node: Zetachain's nodes oversee transactions across all connected chains.
3/
🔥Omnichain smart contracts: Smart contracts deployed on Zetachain can read/write to connected chains.
🔥Managed external assets: Enables asset management across any chain, similar to a smart contract on a single chain managing assets on corresponding chains.
4/
🔥Cross-chain message passing: Developers can transmit messages (data and value) between chains and layers, enabling robust cross-chain Dapps with just a few functions deployed within their existing smart contracts.
5/ Zetachain Ecosystem:
Zetachain's ecosystem is relatively robust for a Layer1 blockchain with the project's current raised capital. The project continues to develop and build new Dapps in the future.
6/ Investors:
The project has been invested in by GSR, CTM Holdings, with funding of up to $27M. However, these are Tier 3 funds, not highly rated or well-known in previous investment deals.
7/ Conclusion:
Zetachain presents a promising option for users and developers seeking an omnichain solution.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
#ZetaChain #GemxCrypto
🚀Hong Kong Approves BTC and ETH ETFs
Hong Kong has given the green light to the first Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs). This is a big step forward for the crypto market!
Here's how these ETFs could change the game👇
1/ Six cryptocurrency spot ETFs, including three Bitcoin Spot ETFs and three Ether Spot ETFs, are set to commence trading in Hong Kong on April 30, 2024.
This marks a significant step in expanding investment options and fostering crypto market growth in Hong Kong.
2/ Unlike the cash-settled model of Bitcoin spot ETFs in the US, Hong Kong aims to provide a physically settled model for ETFs, allowing new ETF units to be created using BTC and ETH.
3/ Competitive management fee landscape: Harvest offers free management fees for clients in the first six months, followed by a fee of 0.3%.
Bosera imposes a fixed management fee of 0.6% for both Bitcoin and Ether spot ETF products. ChinaAMC has the highest fee, fixed at 0.99%.
4/ As a leading financial hub in Asia, Hong Kong is expected to inject substantial capital into the cryptocurrency market.
According to Bloomberg analysts, this capital influx could reach $1 billion within the first 1-2 years.
5/ Projects like ETH and related ones are poised to benefit significantly from this news. However, it's essential to approach trading opportunities cautiously, with clear take-profit and stop-loss targets.
Avoid FOMO, especially in volatile market environments.
#GemxCrypto #BTC🔥🔥🔥🔥🔥 #ETH🔥🔥🔥 #ETFs
Hong Kong has given the green light to the first Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs). This is a big step forward for the crypto market!
Here's how these ETFs could change the game👇
1/ Six cryptocurrency spot ETFs, including three Bitcoin Spot ETFs and three Ether Spot ETFs, are set to commence trading in Hong Kong on April 30, 2024.
This marks a significant step in expanding investment options and fostering crypto market growth in Hong Kong.
2/ Unlike the cash-settled model of Bitcoin spot ETFs in the US, Hong Kong aims to provide a physically settled model for ETFs, allowing new ETF units to be created using BTC and ETH.
3/ Competitive management fee landscape: Harvest offers free management fees for clients in the first six months, followed by a fee of 0.3%.
Bosera imposes a fixed management fee of 0.6% for both Bitcoin and Ether spot ETF products. ChinaAMC has the highest fee, fixed at 0.99%.
4/ As a leading financial hub in Asia, Hong Kong is expected to inject substantial capital into the cryptocurrency market.
According to Bloomberg analysts, this capital influx could reach $1 billion within the first 1-2 years.
5/ Projects like ETH and related ones are poised to benefit significantly from this news. However, it's essential to approach trading opportunities cautiously, with clear take-profit and stop-loss targets.
Avoid FOMO, especially in volatile market environments.
#GemxCrypto #BTC🔥🔥🔥🔥🔥 #ETH🔥🔥🔥 #ETFs
🔮Wormhole: The Cross-Chain Project Making Waves
Wormhole, a cross-chain project, gained immense attention recently with a staggering $700M airdrop and its listing on top exchanges like Binance on
But what exactly is Wormhole? Let's dive in👇
1/ What is Wormhole?
Wormhole serves as a bridge, facilitating asset transfers across various blockchains. Currently, it supports over 30 chains, including Ethereum, Solana, BNB Chain, and more.
2/ How does it work?
- Users deposit tokens from Chain A into Wormhole.
- Wormhole mints wrapped tokens on Chain B and locks the corresponding tokens on Chain A.
- When withdrawing assets, users send wrapped tokens to Wormhole.
- Wormhole burns the wrapped tokens and unlocks the corresponding tokens on Chain A.
3/ Wormhole's Milestones:
• Processed over 1B transactions with a volume exceeding $40B.
• Supported by 200+ dApps across various blockchains.
• Offering solutions like Wormhole Messaging, Queries, Connect, NTT, and Gateway.
4/ Security Concerns:
Wormhole faced a major hack resulting in a loss of $326M. However, efforts by Jump Trading and Oasis retrieved $140M, demonstrating the project's resilience.
5/ The Massive Airdrop:
Worm token's launch on 3/4 reached a market cap of $2.98B, with a $700M airdrop, marking a significant milestone for the project.
6/ The Team Behind Wormhole:
Founded by Jump Crypto, backed by major investors like Coinbase, Multicoin Capital, and Jump Trading.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
#Wormholecoin #GemxCrypto
Wormhole, a cross-chain project, gained immense attention recently with a staggering $700M airdrop and its listing on top exchanges like Binance on
But what exactly is Wormhole? Let's dive in👇
1/ What is Wormhole?
Wormhole serves as a bridge, facilitating asset transfers across various blockchains. Currently, it supports over 30 chains, including Ethereum, Solana, BNB Chain, and more.
2/ How does it work?
- Users deposit tokens from Chain A into Wormhole.
- Wormhole mints wrapped tokens on Chain B and locks the corresponding tokens on Chain A.
- When withdrawing assets, users send wrapped tokens to Wormhole.
- Wormhole burns the wrapped tokens and unlocks the corresponding tokens on Chain A.
3/ Wormhole's Milestones:
• Processed over 1B transactions with a volume exceeding $40B.
• Supported by 200+ dApps across various blockchains.
• Offering solutions like Wormhole Messaging, Queries, Connect, NTT, and Gateway.
4/ Security Concerns:
Wormhole faced a major hack resulting in a loss of $326M. However, efforts by Jump Trading and Oasis retrieved $140M, demonstrating the project's resilience.
5/ The Massive Airdrop:
Worm token's launch on 3/4 reached a market cap of $2.98B, with a $700M airdrop, marking a significant milestone for the project.
6/ The Team Behind Wormhole:
Founded by Jump Crypto, backed by major investors like Coinbase, Multicoin Capital, and Jump Trading.
Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions
🔥Follow @GemX Crypto for more latest news and insights on trending projects.
#Wormholecoin #GemxCrypto
🔥Big shoutout to PhronAI for PhronZero
PhronAI just introduced PhronZero, a platform leveraging AI to simplify blockchain creation.
PhronZero offers user-friendly tools, customizability, cost-effective options & top-notch security.
Ready to build your blockchain empire? PhronZero makes it possible!
⚡️Explore more on Gemx.io: http://gemx.io/research/phronai-building-your-own-blockchain-empire-with-ai…
#PhronAI #GemxCrypto
PhronAI just introduced PhronZero, a platform leveraging AI to simplify blockchain creation.
PhronZero offers user-friendly tools, customizability, cost-effective options & top-notch security.
Ready to build your blockchain empire? PhronZero makes it possible!
⚡️Explore more on Gemx.io: http://gemx.io/research/phronai-building-your-own-blockchain-empire-with-ai…
#PhronAI #GemxCrypto
