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Sei Launches $50M Ecosystem Fund to Boost Japan’s Web3 Innovation • Sei Foundation introduces the $50 million Japan Ecosystem Fund to accelerate growth in Japan’s crypto startup space. • Fund targets Web3 gaming, social, and entertainment sectors, leveraging Sei V2’s high-performance blockchain. • Open to investing in new blockchain use cases that emerge in Japan, expanding beyond initial focus areas. • Launched at the “Sei Web3 Day for Japan” in Tokyo with over 20 Japanese enterprises participating. • Aims to foster ecosystem development, attract local talent, and support promising Japanese startups. • Justin Barlow, Head of BD and Investments at Sei Foundation, highlights Japan’s leadership in gaming and entertainment, expressing excitement for new crypto startups. • Fund aligns with Sei’s objective to scale its ecosystem and establish a strong presence in Japan’s Web3 market.
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Polkadot’s Bold Move: Super AI Center to Democratize AI Development 1. Polkadot community received a proposal on October 2 from Hash Forest LLC for a $1.5 million Super AI Center. 2. The center plans to provide AI developers with access to 16 Nvidia H100 GPUs, each valued at around $500,000, crucial for advanced AI processing. 3. A tiered pricing model is proposed, offering free access for Polkadot members, subsidized rates for startups and researchers, and market rates for larger corporations. 4. The initiative aims to democratize access to AI technology by decentralizing computing power, data, and algorithms, similar to open-source software. 5. Polkadot’s scalable infrastructure and security will support the project, emphasizing the protection of sensitive AI data through collective participation.
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How Litecoin Saved Dogecoin from a 51% Attack 🚀🛡️ In 2014, Dogecoin faced a major security risk due to its low hash rate, making it vulnerable to 51% attacks, where attackers could control the network and manipulate transactions. To save Dogecoin, developers implemented “merged mining”with Litecoin (LTC), a process allowing both coins to share mining power. 🖥️🔗 With Litecoin's much larger network and higher hash rate, Dogecoin’s security drastically improved. Miners could now mine both LTC and DOGE simultaneously, boosting Dogecoin's defenses without requiring extra resources. 🛠️⚡ Thanks to merged mining, Dogecoin is now more secure, ensuring its stability and long-term success. So, while Dogecoin may be a meme coin, it’s protected by the security powerhouse that is Litecoin! 💪🐕 Besides, “ Should I buy more LTC at the current price ? “ like and comment!! Stay tuned for more crypto insights!
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🌐💰 Introducing Biconomy: Simplifying Web3 Transactions!🚀 Biconomy is revolutionizing Web3 transactions by providing a seamless, plug-and-play solution for blockchain interactions. Say goodbye to complex processes and hello to effortless dApp usage!🔑 Why is Biconomy crucial for Web3? It tackles the barriers that hinder mass adoption by offering gasless transactions and simplifying the user experience. With Biconomy, anyone can easily connect and interact with decentralized applications without worrying about gas fees or complicated setups.💡 What's the potential for Biconomy to grow x10? With its innovative approach and backing from blockchain giants like Binance, Biconomy has the potential to skyrocket. By making Web3 more accessible and user-friendly, it's paving the way for widespread adoption and driving exponential growth in the decentralized ecosystem. Get ready to witness the future of blockchain with Biconomy! 🚀📈
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Doge may continue its bearish path until 0.12-0.125 , from where it should make a recovery or continue sideways . Please refer to my review about doge and how inconsistent and volatile it could be . 👇 Doge Review Please do your research before making an investment decision in the crypto space. Posts claiming $1 converted to $1million overnight are mostly spams and click baits. Remember It took Bitcoin 12 years to reach from $ 0.10 to $70k . Stay Safe , Invest wisely.
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