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Daily summary on October 14, 2023
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Commonware raises $9M in a funding round #Commonware secures $9M in a funding round co-led by DragonFly Capital and Haun Ventures, with the participation of angel investors. Commonware will utilize secured funds to focus on rethinking the approach to blockchain development. Commonware is a modular framework tailored for developing decentralized applications. It focuses on flexibility by providing standalone components such as cryptography, peer-to-peer communication, storage and consensus mechanisms. 👉 x.com/_patrickogrady/status/1866866850107363582
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Artyfact announces a major token burn on December 31 #Artyfact has announced a large burn of $ARTY tokens scheduled for the end of December. This strategic move aims to reduce the total supply, potentially driving price action by creating increased scarcity. Currently, approximately 80% of $ARTY tokens are in circulation, and 90% of early investors' unlocks have already been completed. Artyfact is a #Web3 gaming platform powered by Unreal Engine 5 and #BNB Smart Chain. It combines AAA-quality games with a Play-and-Earn (PAE) model, offering immersive gameplay, virtual events, and a hub for #NFT and social activities. 👉 x.com/artyfact_game/status/1866461634715173268
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Waterfall Network overview Waterfall Network $WATER is a highly scalable and decentralized BlockDAG EVM-compatible Layer 1 protocol. 1️⃣ $WATER outperforms $SOL and $APT in TPS by reaching 12,778 TPS on mainnet. Currently, it’s the most scalable Layer 1 EVM-compatible network. 2️⃣ Cointelegraph highlights $WATER as “a next-gen DAG (Directed Acyclic Graph) technology, delivering unmatched scalability and portability for DApps with minimal requirements. Why Choose Waterfall Network? ✅ Unmatched Scalability: Utilizing Directed Acyclic Graph (DAG) technology for parallel and simultaneous blockDAG consensus. ✅ Highly Decentralized: 8,910 validators on the mainnet, ranking third among decentralized PoS networks, following $ETH and $GNO. ✅ Low Hardware Requirements: 2 CPU and 4GB RAM or more computer with internet access. ✅ Robust Security: A secure and reliable consensus mechanism designed for stability and efficiency.
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COIN OF THE DAY $BNB #BNB #crypto2024 #dyor
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Binance Labs unveils investment in Perena #BinanceLabs invests in #Perena to drive the mass adoption of stablecoins on #Solana . Raised funds will help Perena expand its team, grow its global community by engaging builders and educators and build a comprehensive stablecoin product suite on Solana. Perena is the money infrastructure protocol on Solana, which aims to transform the digital asset landscape by combining traditional financial principles with advanced #DeFi innovations. 👉 x.com/BinanceLabs/status/1866845495257403596
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