Kingstown, St Vincent & the Grenadines, September 20th, 2024, Chainwire

The Stashes Cryptosphere, a blockchain-focused platform, announces the upcoming presale of its Stashes ($STSH) Token, set for September 25, 2024. Designed to provide wider access to decentralized finance (DeFi) opportunities, $STSH aims to offer a user-friendly experience to a broad range of crypto participants by facilitating transactions on both the Binance Smart Chain (BSC) and Ethereum networks.

Key Features of the $STSH Token

Stashes ($STSH) introduces a range of features intended to benefit both new and experienced crypto users:

Multi-Chain Deployment: Operating on both Binance Smart Chain and Ethereum, $STSH allows for increased accessibility and reduced transaction fees.

Referral Program: Token holders can benefit from a referral program designed to reward participants who introduce new users to the Stashes ecosystem.

Profit Sharing Mechanism: The project incorporates a buyback program and direct profit-sharing payments to token holders, aimed at supporting token value.

Airdrops and Staking: Regular airdrops and staking rewards—offering up to 120% APR—provide additional incentives for long-term holders and contributors to the ecosystem.

Focused on Expanding Opportunities for Smaller Investors

The Stashes Cryptosphere has identified that many smaller participants in the crypto market—often referred to as "retail investors"—can miss out on some of the more favorable opportunities that larger holders typically access. Stashes seeks to address this gap by providing tools and structures that enable a wider range of investors to participate in potential market gains.

"Our goal with the Stashes Token is to offer more inclusive opportunities within the crypto space," said Prof Stash, COO of The Stashes Cryptosphere. "We aim to give smaller investors access to resources that could contribute to their financial growth."

Looking Ahead: Listing and Market Projections

Following the presale, the $STSH Token is expected to be listed on decentralized exchanges (DEX), with plans for further listings on centralized exchanges. The project has set an ambitious target market capitalization of $2 billion, based on anticipated demand and tokenomics.

Presale Information

The Stashes ($STSH) presale will open on September 25, 2024. Interested participants will be able to purchase tokens at an initial price of $0.00000096, with multiple payment methods accepted, including BNB, ETH, USDT, and traditional payment methods like Mastercard and Visa.

For more information, users can visit thestashes.io.

About Stashes Cryptosphere

Stashes Cryptosphere is a blockchain-driven platform dedicated to creating innovative financial tools aimed at expanding opportunities within the decentralized finance (DeFi) ecosystem. Through the development of accessible products such as the Stashes ($STSH) Token, the platform seeks to democratize access to wealth-building opportunities traditionally available to a select group of investors. By leveraging multi-chain technology, Stashes provides a streamlined experience for users across various blockchain networks.

Users can stay connected by visiting

Telegram: https://t.me/stashesportal

X (formerly Twitter): https://x.com/STASHEScrypto

YouTube: https://youtu.be/M8LFewQMaKY

Disclaimer. This is a paid press release.

Toronto, Ontario, September 20th, 2024, Chainwire

Metis, an EVM-equivalent Ethereum Layer-2 scaling solution, has partnered with Thrive Protocol to expand its network. As part of this partnership, Metis will be rewarding funds to builders and community members and has committed $3.36 million to this campaign.

This partnership is part of Metis' ongoing efforts to develop a decentralized foundation that supports developers in building secure applications and provides users with various opportunities within the network.

After making history by becoming the first Ethereum L2 to launch a decentralized Sequencer, the permissionless Ethereum Layer 2 scaling network, with its extremely cheap fees and fast transaction speed is now all set to take its platform forward and power the next generation of dApps.

Under this new move, Metis is focused on expanding its network by collaborating with Thrive Protocol, which will help accelerate its transition to Web3 for an accessible, inclusive, and decentralized world. For this, Thrive Protocol brings its expertise in grants and incentive system administration for Web3 communities based on their unique qualities and requirements, to the table.

With prominent projects like Arbitrum, ApeCoin, and Sui in its bag, Thrive will now help Metis expand its infrastructure and community.

This has led to the creation of Thrive Metis, which is powered by Thrive Protocol to incentivize contributors to build and grow the Metis ecosystem. With this project, Thrive Protocol has created a robust system that streamlines grant allocation and reward achievement.

Thrive Protocol’s Role in Expanding the Metis Ecosystem

With the goal to attract, onboard, and fund highly skilled builders and key opinion leaders in the Metis ecosystem, Thrive Metis has kickstarted its Season 1, which will run through December 2024.

This season boosts the project’s efforts through the Metis Gitcoin Quadratic Funding Round, powered by Gitcoin, while offering yet another way for creators to get access to grants.

The Quadratic Funding initiative was introduced a few weeks ago, under which $100,000 was allocated to Metis’ vision of creating a scalable and decentralized network on Ethereum. A portion of the funds allocated to Thrive Metis are also being set aside as rewards for the still active Gitcoin Grants program.

All these efforts are a strong reflection of Metis’ unwavering commitment to supporting Web3 founders and startups and rewarding its loyal and engaged community members. For these efforts, the protocol has already established the Metis Ecosystem Development Fund, which aims to deploy $100 million toward building a decentralized Web3 landscape.

Thrive Metis, here, plays a critical role in the distribution of these funds. With its dynamic contribution system, Thrive Metis rewards community engagement and fosters ecosystem advancement.

The Thrive Metis initiative allows Metis to tap into its unique strengths to empower builders, creators, and developers with a streamlined contribution system. This enables Metis to reward those who actually provide value and help its network expand.

Incentivizing meaningful contributions by rewarding participation in governance, funding, and projects will enable Metis to promote an active, engaged, and prized community of users and innovators essential to becoming a leader in decentralized Web3 infrastructure.

Thrive Metis' Rewards System: How to Get Started

To earn rewards, interested individuals can either make contributions or apply for grants. Grants require a full project proposal, deliverables, updates, and a final submission that is reviewed by multiple people in the community.

The more milestones a project achieves, the higher the rewards opportunity. So far, in 2024, Metis has committed 250,000 tokens to grants.

Contributions, meanwhile, are smaller, self-contained tasks that can be achieved by virtually anyone. Simply joining the Metis community on X (Twitter) and Discord can earn a user tokens. Other kinds of tasks include creating content for the project, engaging with Metis’ social media posts, and experimenting with DeFi protocols on its network.

This contribution system encourages active participation and builds a thriving community of creators and developers within the Metis ecosystem.

Getting started with Metis’ attractive and ‘rewarding’ system is extremely easy, too; one has to simply connect one's wallet and social accounts to start participating and work towards earning.

Users can check out the top contributors, among other related data, on the ‘Leaderboard’ section of Thrive Metis to gain inspiration and ignite their competitive spirit to create and attempt to earn a share of $3.6 million annualized in METIS.

With the help of Thrive Protocol, Metis is ready to attract top talent to its scalable, low-cost infrastructure and fund the most impactful projects. In addition to facilitating the rapid growth of promising projects, rewarding value will lead to a healthy and flourishing Metis and broader crypto ecosystem.

About Metis

Metis is an Ethereum Layer 2 solution that prioritizes decentralization, community governance, and shared network ownership for its Decentralized Sequencer node operators. By implementing a revenue-sharing model, Metis aligns the interests of sequencer node operators with the network's growth, while incentivizing developers and users to build and interact with protocols in a reliable, secure environment.

X | Telegram | YouTube

Disclaimer. This is a paid press release.

Lisbon, Portugal, September 20th, 2024, Chainwire

DWF Labs, a new generation market maker and multi-stage Web3 investment firm, is pleased to announce a strategic partnership with GraFun, an innovative memecoin launchpad on BNB Chain. This collaboration aims to support tokens launched on the GraFun platform and bolster their liquidity, fostering a more robust and transparent memecoin ecosystem.

GraFun is a next-gen platform for launching and trading meme coins on BNB Chain. GraFun introduces the Fair Curve, a groundbreaking bonding curve model that addresses common issues in traditional memecoin launches, such as price manipulation and pump-and-dump schemes, ensuring fair launches.

GraFun gained 2 million on-chain registrations in just two weeks, with 1M waitlist registrations in the first three days. Recently, GraFun revealed a deep collaboration with Floki, the top-tier meme coin. Surrounded by legends, GraFun is about to blast meme season on BNB Chain.

Empowering Memecoin Projects with Liquidity and Expertise

Through this partnership, DWF Labs will leverage its extensive experience in market making and liquidity provision to support tokens launched via GraFun. By supporting liquidity and facilitating seamless trading and market stability, their involvement will help new memecoin projects thrive, reducing volatility and promoting healthier market dynamics.

The combination of GraFun’s Fair Curve model and DWF Labs’ market expertise ensures more transparent and equitable token launches.

Executive Perspectives

“We are excited to partner with GraFun to support the next generation of memecoin projects on BNB Chain,” said Andrey Grachev, Managing Partner at DWF Labs. “GraFun’s innovative Fair Curve model aligns with our commitment to fostering transparency and sustainability in crypto. Together, we aim to empower emerging projects and provide them with the liquidity and support they need to succeed.”

“Our collaboration with DWF Labs marks a significant milestone for GraFun and the memecoin ecosystem,” said BigGra from GraFun. “With DWF Labs’ expertise and support, tokens launched on our platform will have a stronger foundation for growth. We’re confident that this partnership will bring substantial value to our community and the broader market.”

About DWF Labs

DWF Labs is the new generation Web3 investor and market maker, one of the world's largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.

Website: dwflabs.com

About GraFun

GraFun is a next-generation memecoin launchpad on BNB Chain. By introducing the Fair Curve model, GraFun minimizes rug-pull risks and reduces price manipulation, ensuring truly fair and sustainable launches. Supported by key industry players, GraFun offers a secure, transparent, and scalable platform for creators and investors alike.

Website: gra.fun

Disclaimer. This is a paid press release.

Hong Kong, Hong Kong, September 20th, 2024, Chainwire

By bridging across networks with Owlto Finance, users have the chance to earn a share of the $300K airdrop reward.

Owlto Finance has joined hands with the world’s largest cryptocurrency exchange, Binance, for a brand new Web3 campaign to bridge ETH, BNB, and USDC with a reward of $300k.

The decentralized cross-chain protocol Owlto Finance offers an inexpensive and safe bridge to effortlessly transfer assets across 50 blockchains. It is the first interoperability protocol to use AI agents to enhance the user experience by simplifying complex blockchain logic so that users can make more informed decisions. 

Within a year of its launch, Owlto has become the top cross-chain bridge, capturing a 33% market share. 

Meanwhile, throughout this year, the project focused on expanding through partnerships with the likes of Delysium and Dmail, introducing a points and invitation system under which over $200K has been distributed to users, hosting events like ‘the Metaverse Owlympics,’ and adding a swapping function for over 15,000 trading pairs on various networks to develop itself as a multi-chain DEX aggregator.

Now, Owlto has partnered with Binance for the bridging campaign in order to educate the community, unify all the fragmented liquidity in the sector, and advance the broad crypto sector. 

With the number of layer 1 and layer 2s growing considerably, it has become extremely costly and complex for users to take advantage of all these siloed ecosystems. Owlto here offers a simple and cost-effective opportunity to move assets between networks. 

By making cross-chain activity more accessible, this campaign will help users explore popular and lucrative dApps from different chains and bring more users into the Web3 ecosystem.

Under this campaign, users can bridge ETH, BNB, and USDC to and from any network hassle-free and at extremely low cost. The minimum amount that you have to bridge is 0.0015 ETH, 0.01 BNB, and 5 USDC.

Moreover, by participating in this campaign, users also get a chance to win a reward. Owlto has announced $300,000 worth of OWLTO tokens in rewards that will be airdropped to those who bridge their tokens during the campaign.

About Owlto Finance 

 Owlto Finance is an intent-centric interoperability protocol with 2M+ users in 200+ countries/regions that allows for low-cost, fast, and reliable asset transfers between different networks. Combined with its high performance, ease-of-use, and unparalleled security, the platform aims to empower users to access dApps with minimal friction and become a leading solution in the Web3 ecosystem.

Website / Twitter 

About Binance

Binance operates on the belief that everyone should have the freedom to earn, hold, spend, share, and give their money, regardless of who they are or where they come from. Binance is trusted by millions worldwide and offers an unmatched portfolio of financial products.

Website / Twitter

Disclaimer. This is a paid press release.

Singapore, Singapore, September 20th, 2024, Chainwire

Mantle’s flagship game, Catizen, officially launched its token, $CATI, on multiple exchanges today, including Binance, OKX, Bybit, Gate.io, and Bitget. As the most profitable mini-game on Telegram, Catizen seamlessly integrates Telegram with The Open Network / TON (L1) and Mantle Network (L2). $CATI, as the universal token of the Catizen ecosystem, is issued on both the TON and Mantle. It can be used in the mini-app center and open tasks, providing users with the opportunity to participate in the Launchpool “Stake to Earn,” further promoting the development of the entire gaming ecosystem.

The $CATI token will exist in a parallel relationship on TON and Mantle, with a maximum supply of 1 billion tokens on each. However, the actual total supply will remain at 1 billion across the two blockchains through a locking mechanism. Currently, cross-chain transfers of $CATI can be done through Bybit exchange. The balance between the two chains is maintained through mutual locking contracts. For example, if Catizen airdrops 10 million $CATI to Mantle game users, 990 million $CATI of the 1 billion on Mantle Network will enter the locking contract, while 10 million $CATI of the 1 billion on TON will enter the locking contract to ensure that the total circulation on both chains remains capped at 1 billion.

Since receiving Mantle EcoFund’s major investment in February 2023, Catizen, developed by Pluto Studio, has skyrocketed in popularity, becoming one of the most successful blockchain games globally, with over 36 million players. Catizen’s success can be reflected in the following impressive metrics:

Over $30 million in revenue generated within just 6 months

Over 7 million Daily Active Users (DAU)

3 million on-chain users, with over 600,000 on the Mantle blockchain

Over 1 million paying users, with an Average Revenue per Paying User (ARPPU) of $27, totaling $27 million in revenue

More than 1 million MNT and 40 million $FISH tokens distributed as rewards exclusively to Mantle Catizen users

High-quality transactions: users bind wallets, sign contracts, and pay gas fees in MNT or TON for each transaction. More than half of the wallets hold at least $10 or more in assets

By providing exclusive benefits through the Mantle and TON, Catizen has demonstrated its unparalleled ability to onboard users into Web3 on a massive scale, leading the next wave of Web3 gaming economies.

For more information:

Catizen on Mantle statistics: https://dune.com/hashed_official/catizen-mantle 

$CATI airdrop details: https://x.com/CatizenAI/status/1833554571219898749

About Mantle

Mantle Ecosystem comprises an Ethereum layer 2 (L2) — Mantle Network, a decentralized autonomous organization (DAO) — Mantle Governance, one of the largest on-chain treasuries — Mantle Treasury, and an Ether (ETH) liquid staking protocol — Mantle LSP: all built on Ethereum. Mantle token ($MNT) is the unified product and governance token of the ecosystem. 

Mantle’s first core product is Mantle Network, an Ethereum L2. Mantle Network strives to be compatible with the Ethereum Virtual Machine (EVM). Mantle Network’s modular architecture separates transaction execution, data availability, and transaction finality into modules — which can be individually upgraded and adopt the latest innovations. Mantle Network is the first L2 to partner with ETH restaking protocol EigenLayer for the data availability module. By adopting a rollup architecture, Mantle Network is secured by Ethereum. As the world’s first DAO-spawned L2, Mantle Network is pioneering a vision for the mass adoption of token-governed technologies. The current mainnet version, Mantle Network Mainnet v2 Tectonic (Mantle v2 Tectonic), went live on March 15, 2024.

Mantle Network’s infrastructure is meticulously designed to handle the demands of the web3 gaming stack, enabling the creation of a connected and expansive gaming universe where assets have real value beyond a single game's ecosystem. Closely intertwined with Mantle initiatives such as Hyperplay, Mantle Network’s ecosystem of expertise and resources facilitates a streamlined process for developers to build and deploy their gaming projects.

To support the next-generation of innovators, builders, and developers, Mantle is growing its ecosystem via Mantle Grants Program and Mantle EcoFund, a catalyzed capital pool of $200M. Mantle’s Showcase Apps program lends additional support and publicity to ecosystem projects in categories such as real world assets (RWA). 

For more information, readers can please visit:

Website | X/Twitter | Devs X/Twitter | Discord | Telegram | YouTube | Blog | GitHub

About Catizen

Catizen is a revolutionary gaming bot on Telegram that seamlessly integrates the messaging app Telegram with multiple blockchains, including TON and Mantle Network. It redefines Web 3.0 experiences by enabling mobile payments with both crypto currencies and fiat currencies. By tapping into Telegram's vast user base, Catizen aims to create a Web 3.0 traffic hub on an unprecedented scale.

Additionally, Catizen is evolving into a Mini-app Center, integrating features from launchpool platforms, such as early access to new projects, token-based activities, transaction capabilities, along with short videos and e-commerce functionalities. This innovative approach will attract and engage users through gamification and strategic Play-to-Airdrop initiatives, transforming how users access and engage with the Web 3.0 ecosystem.

For more information, readers can please visit: 

X | Official Website | Telegram | Telegram Chat | Bot

Disclaimer. This is a paid press release.

Amsterdam, Netherlands, September 20th, 2024, Chainwire

Nosana, the decentralized AI inference engine powered by a global network of consumer GPUs, reveals the official launch date for its Nosana Mainnet: January 14, 2025.

Nosana, a leader in decentralized AI computing, is proud to announce the upcoming launch of its Nosana Mainnet, set for January 14, 2025. This marks a significant milestone for Nosana, following a year of rigorous testing and preparation for full-scale deployment.

“When we first envisioned Nosana, we imagined a world where AI computing would be decentralized, accessible, and limitless—a place where developers could access GPU resources without the traditional barriers of centralized infrastructure,” said Jesse Eisses, co-founder of Nosana. “We recognized early on that existing AI compute solutions were too centralized or too complex, limiting innovation. Our mission from the start was to create a decentralized network that offers scalable, affordable, and open AI computing resources for the next generation of builders and innovators.”

Over the past nine months, the Nosana team has worked alongside its community to test, refine, and prepare the platform for its mainnet release. The network has engaged with over 4000 nodes from 60 countries across 6 continents, tapping into a global GPU provider network and gaining valuable insights from various AI projects to refine its technology.

What Nosana’s Mainnet Brings

Nosana’s Mainnet will transform access to decentralized GPU resources, unlocking crucial power and efficiency for AI inference workloads. With the launch, Nosana’s users and GPU providers will enjoy new features and significant improvements:

Nosana Console: A sleek and refined UI for seamless management of AI inference jobs.

Client SDK: A robust software development kit enabling developers to easily connect their projects to the Nosana GPU network.

Dynamic Pricing: Real-time, market-driven pricing to optimize resource allocation and ensure fair pricing.

Advanced Job-to-Node Matching: Efficient job distribution to maximize performance across the network.

Unrestricted GPU Grid Access: Clients will have full access to Nosana's decentralized GPU network, enabling scalable AI operations.

“We are excited to take Nosana to the next level with its mainnet launch, offering full access to decentralized GPU computing” added Eisses.

Test Grid Phase 3: The Final Step Toward Mainnet

On September 30, 2024, Nosana will begin Test Grid Phase 3, its final stage of testing, focusing on refining pricing models, implementing staking, and ensuring the platform is fully prepared for the January launch. This phase will be the last opportunity to test critical components before the mainnet goes live.

Nosana’s Vision for 2025

The mainnet launch is just the beginning for Nosana. As the platform goes live, the company plans to expand its ecosystem and attract a broader range of projects. In Q2 2025, Nosana will host its first global hackathon, inviting developers and startups to explore new applications for AI inference on its decentralized GPU grid.

“As open-source developers, Jesse Eisses and I wanted to create a solution that moves away from the high costs, inflexibility, and control of centralized cloud providers,” said Sjoerd Dijkstra, co-founder of Nosana. “We couldn’t have reached this milestone without the support of our community, investors, and partners who believed in our vision for making AI computing more accessible for everyone.”

Nosana’s AI inference marketplace will continue to evolve, with ongoing improvements and new features to keep it at the forefront of decentralized AI technology.

Timeline Overview:

September 30, 2024: Start of Test Grid Phase 3

January 14, 2025: Nosana Mainnet Launch

Q2 2025: Global Hackathon for AI applications on Nosana’s network

About Nosana

Nosana is a decentralized AI inference engine powered by a global network of consumer GPUs. Built on the Solana blockchain, Nosana provides scalable and efficient access to GPU resources for AI workloads. With its cutting-edge infrastructure, dynamic pricing model, and advanced job-to-node matching, Nosana leads the way in decentralized AI computing.

https://nosana.com

Disclaimer. This is a paid press release.

Singapore, Singapore, September 20th, 2024, Chainwire

From September 18th to 19th, MEET48, as a platinum sponsor of Singapore’s TOKEN2049, showcased its latest product lineup to the audience, including the TON ecosystem fishing game "CoinFish" to be released on October 23rd, the TON ecosystem idol training game "CoinIdols," the virtual idol generation AI SaaS tool "AIShowBox" and a series of upcoming online activities based on the metaverse community. These offerings truly demonstrated the innovative applications of combining Web3 technology and AI to users. Through games, music, dance, and social interaction, MEET48 illustrated the potential and possibilities of Web3 technology in the entertainment field, leading the public into a new era of large-scale Web3 applications.

At TOKEN2049, MEET48's Side Event "Back To The Streets" and the hackathon hosted by TON Foundation, MEET48 COO Kai Xu delivered a captivating brand presentation and speech on "The Mass Adoption of Web3 Idol Entertainment and Fan Economy."

On the night of September 18th, MEET48 successfully hosted the Web3 & AI party "Back To The Streets" at Clarke Quay in Singapore, attracting over a thousand registrants and generating an electrifying atmosphere.

MEET48 GIPR2 Top7 idols (Zhang Qiongyu, Liu Zengyan, Zeng Aijia, Yang Bingyi, Zhang Xin, Liu Lifen, and Chen Ke) brought a stunning audiovisual feast to the audience, blending Web3 technology with entertainment elements. Their performance was met with rounds of applause and cheers, capturing the attention of numerous attendees from inside and outside the industry. They also received enthusiastic feedback from MEET48's global fanbase, further showcasing MEET48's strategic global expansion and its crucial role within the Web3 ecosystem.

That evening, MEET48 GIPR2 Top7 idols also held a fan meet-and-greet at the party, warmly shaking hands and interacting with fans from around the world.

On August 2nd, 2025, MEET48 plans to integrate idols from SNH48 and hold a global idol voting event in Hong Kong, further expanding the international influence of MEET48 and the entire 48 Group idols. This event will attract fans and participants from all over the world and will be a grand gathering where virtual idols and real idols compete on the same stage. Through entertainment, this event aims to pave the way for Web3 and lead it into the era of mass adoption.

About MEET48

MEET48 is regarded as one of the largest Web3 application project teams globally, with a technical and R&D team of 500 members and an operational network spanning across Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai. MEET48 aims to achieve mass adoption of Web3 technology by focusing on an AI UGC content ecosystem centered around AIGC (Animation, IDOL, GAME, and Comics) entertainment content for Gen Z, as well as a graphical and intelligent metaverse social platform.

MEET48 official website: https://www.meet48.xyz/

Twitter (X): https://x.com/meet_48

Telegram: https://t.me/MEET_48

Discord: https://discord.gg/meet48

Disclaimer. This is a paid press release.

Victoria, Seychelles, September 19th, 2024, Chainwire

Ebi.xyz, a perpetual DEX built on Arbitrium One, today announced its partnership with HOT Wallet, the decentralized MPC network on Telegram, to become the first perpetual DEX integrated into the network. This partnership brings ebi.xyz directly to Telegram users, allowing them to use their existing telegram accounts to create a HOT wallet and trade perpetual futures seamlessly. 

With over 23 million total created wallets across multiple chains—including TON, Solana, BNB Chain, EVM, and NEAR—HOT Wallet boasts a robust user base of 10 million monthly active users and 3 million users with balances. Ebi.xyz is building on this success to forge a partnership that opens the doors for it to reach a wider audience, and increasing its accessibility for Telegram users. 

“Teaming up with HOT Wallet is a major step in our mission to make decentralized trading accessible to all,” said Akira Ebi, Head of PR and Marketing for ebi.xyz. “This integration pushes our growth strategy for the ecosystem forward, demonstrating our commitment to empowering users with innovative solutions.”

The collaboration aims to enhance user accessibility and streamline the integration of new traders into the ebi.xyz ecosystem. Users can quickly get started by creating a wallet on the BNB chain via HOT Wallet and begin trading directly from Telegram. This integration with HOT Wallet will simplify the onboarding process, allowing users to seamlessly interact with ebi.xyz’s trading features without the barriers typically associated with traditional wallets creation processes. 

In addition, ebi.xyz’s Points Program is now live, incentivizing users to share referral codes with friends and earn rewards. With HOT Wallet conveniently available on Telegram, users can quickly share their ebi.xyz referral link within their community or followers.  

Ebi.xyz’s rapid growth has seen a major influx in the past few weeks, announcing that over 145K new user accounts in under a week, positioning it as one of the fastest-growing DEX platforms in the market. This partnership is expected to further accelerate this momentum, enhancing trading activity and expanding market reach.

Ebi.xyz continues to innovate in the decentralized finance space, and this partnership with HOT Wallet marks another milestone in its journey to enhance user experience and drive industry growth. To access the Telegram-based HOT Wallet and begin trading on ebi.xyz, click here.

About ebi.xyz

Ebi.xyz is a non-custodial limit order book decentralized platform for trading perpetual futures. Engineered for traders, ebi.xyz offers deep liquidity and access to prominent new assets in the market. All trades are settled on the Ebi chain, an Ethereum L2 blockchain powered by Arbitrum Orbit. 

About HOT Wallet

Introducing HOT Wallet on Telegram - a fully on-chain and non-custodial wallet. It's the next generation Telegram wallet that allows users to create accounts, use crypto, and earn $HOT tokens. Setting up an account with HOT Wallet means you're equipped with a fully functional wallet, enabling storage, token transactions, and account exports to other wallets. HOT tokens serve as the centerpiece for this Telegram wallet, offering a fair launch where users can begin mining simply by creating an account.

Website | X | Telegram | Discord | Hot Wallet

Disclaimer. This is a paid press release.

LAS VEGAS, United States, September 19th, 2024, Chainwire

Blockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Xandeum will also share details of its new storage-enabled liquid staking program and officially announce the launch of the XAND token.

Designed to overcome the limitations of Solana’s current storage model, Xandeum’s technology will allow dapps to scale by accessing virtually unlimited storage. Solana can be looked at as a “world computer”, and Solana accounts are its “RAM”. At Breakpoint 2024, Xandeum will share its vision for adding the “hard drive” via their scalable storage layer, the missing piece to a full-fledged world computer. This innovation enables a Cambrian Explosion of storage-enabled dapps.

The smart contract native storage layer introduces “Xandeum buckets,” an exabytes+ scalable file system integrated directly into Solana RPC nodes. Storage will be offloaded to a decentralized network of hundreds of thousands of storage provider nodes (pNodes), supervised by Xandeum-enabled Solana validators. pNodes, validators, and liquid stakers will earn additional rewards in SOL, thanks to highly dynamic fee markets designed to optimize storage efficiency and profitability.

“A low-cost, decentralized storage solution will drastically expand the application landscape.” says Tommy Johnson, early Solana builder, co-founder, and lead engineer at Armada. “It can unlock a new revenue stream for SOL validators and stakers. The Xandeum solution will have an enormous impact on the growth of the Solana ecosystem.”

More details of Xandeum’s Solana scaling solution will be shared at Breakpoint 2024. In addition, Xandeum will use the event to announce its storage-enabled liquid staking platform. Scheduled to go live on October 29, the platform will capture future Xandeum storage fees for xandSOL stakers. Early adopters who stake with Xandeum will be eligible for boosted rewards of up to 10x with more details at https://xandeum.network

As an event sponsor, the Xandeum team will have its own booth at Solana Breakpoint 2024 in Singapore, with community members able to learn more about key initiatives including the liquid staking pool, XAND token, and forthcoming airdrops. The first airdrop snapshot will take place on October 8, with the XAND token launch scheduled for October 29.

Xandeum’s development of new storage primitives to enhance Solana’s programming model will solve the issues with the current storage system, known as “accounts,” which has proven insufficient to hold even a few gigabytes per dapp. These limitations threaten to stifle the growth of web3 applications on Solana.

Xandeum lead developer Xandeum Labs has raised $2.8M to build out its scaling solution and has seen significant interest from Solana’s builder community, with over 4B transactions completed on its community-run devnet. Xandeum will support a new wave of scalable web3 dapps while maintaining Solana’s security and decentralization. 

About Xandeum Labs

Xandeum Labs is a web3 startup dedicated to building the scalable storage layer for Solana. As a major contributor to the world’s first storage-enabled liquid staking platform, operated by the XAND DAO, Xandeum has already raised $2.8 million from its community and is on track to launch its pNode network in early 2025.

Users can learn more: https://xandeum.com

Disclaimer. This is a paid press release.

Tecumseh, Canada / Ontario, September 19th, 2024, Chainwire

Agile Coretime Paves the Way for Polkadot 2.0 Improving the Network’s Scalability, Cost, Speed, and Flexibility

The Polkadot community celebrates the release of its latest major product, “Agile Coretime”, as part of the ongoing Polkadot 2.0 upgrade. This new feature represents a significant advancement in how computational resources are allocated and managed within the Polkadot ecosystem, delivering unprecedented efficiency, scalability, and accessibility for projects of all sizes.

Agile Coretime is not just a technical upgrade; it is the most important product launch this year for Polkadot as it evolves, through seamless on-chain governance, into a network ready to onboard the Web3 masses. It also serves as a primary catalyst for the rebirth of the entire ecosystem. By making it easier for projects to build and scale on Polkadot, this feature is designed to attract a new wave of innovative applications and use cases.

As the second crucial component on the path to Polkadot 2.0, which previously saw Asynchronous Backing go live and will later allow for Elastic Scaling, Agile Coretime redefines how blockchain resources are allocated by offering a dynamic, on-demand blockspace model. This new approach replaces the previous auction system, in which single cores were leased for two years at a time. The new approach makes it easier and more cost-effective for projects to access the resources they need, when they need them.

Eskimor, lead developer at Parity Technologies, Polkadot’s leading technical contributor, said: “Agile Coretime is a huge milestone in making the high quality blockspace Polkadot offers more accessible. With this and other features we have in the pipeline, I expect more experimentation and awesome projects to be launched on Polkadot, showcasing its amazing capabilities. Let's wake our sleeping giant!”

One of the key advantages of Agile Coretime is its ability to align resource availability with actual network demand. By dynamically allocating computational resources, Polkadot ensures that no resources are wasted during low activity periods, while also preventing congestion during peak times. This adaptability is crucial for projects with varying needs, enabling them to scale and operate more efficiently without the burden of high upfront costs.

"Devs have historically faced a binary choice: deploy a smart contract and compete with other protocols for limited blockspace, or deploy a blockchain and pay for a large amount of dedicated blockspace," says Derek Yoo, CEO of Moonsong Labs, "Agile Coretime addresses this challenge by offering a flexible approach. For projects starting out, you can harness the power and customizability of a blockchain while paying only for the blockspace you need. For mature projects with product-market fit, Agile Coretime allows scaling to meet high levels of demand without the need for sharding."

For new developers and smaller projects, Agile Coretime lowers the barrier of entry by providing access to Polkadot’s robust infrastructure without the need for significant DOT collateral. This democratizes access, fostering greater innovation and participation within the ecosystem.

Projects can purchase coretime either on-demand or in bulk, providing flexibility or predictability depending on their specific needs. On-demand purchases are ideal for projects with fluctuating demands, while bulk purchases offer stable and reliable resource allocation for teams requiring a steady flow of blockspace.

For media inquiries, please contact Jonathan Duran at Jonathan(at)Distractive(dot)xyz

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.

Disclaimer. This is a paid press release.

London, UK, September 19th, 2024, Chainwire

Over 3,500 attendees, 200 speakers and 50+ side events are anticipated at the London event, which will form London Web3 Week

Coinbase is set to announce its next-generation initiative, Stand With Crypto, which aims to champion the Web3 industry in the UK and globally and create a global hub in the UK

Powering the event as sponsors are Alkimi, Coinbase, Solana and Goliath Ventures.

Dr. Lisa Cameron, one of Westminster’s most vocal MPs on crypto and digital assets, returns as she continues to lead the charge for crypto-policy acceptance

Zebu Live, the UK’s premier Web3 conference, returns to London Web3 Week for the fourth year in a row, 10th-11th of October. The immersive two-day event will celebrate all things Web3 and blockchain, bringing together over 3,500 attendees and industry giants Coinbase, Solana, Alkimi and Goliath Ventures. Attendees can look forward to an inspiring lineup of speakers, including entrepreneur and podcaster Steven Bartlett, Raoul Pal (Realvision), Dan Held, Dr Lisa Cameron MP and John Lilic. 

The Return of London Web3 Week

This year’s London Web3 Week is set to be the most dynamic celebration of Web3 to date, with companies and thought leaders across the capital hosting 50+ side events, from conferences and networking sessions to exclusive dinners and afterparties. As the Web3 and blockchain revolution continues to accelerate, more businesses are exploring its untapped potential than ever before. Zebu Live, at the forefront of this movement, offers a unique opportunity to learn from and connect with the innovators shaping the future of digital innovation. 

Key highlights include:

Stellar's Meridian conference focuses on blockchain's role in DeFi, tokenisation, regulation, interoperability, and more, with speakers including Denelle Dixon, Idris Elba, and Anthony Scaramucci.

The Open Network (TON) Hackathon, where developers will create the next generation of Web3 tools and applications.

Solana Radar Hackathon Demo days, showcasing the premier talent building in one of the industry's largest ever online hackathons.

Degens

Zebu Live Highlights

This year's event will focus on consumer applications and user interfaces (UI), emphasising how crypto can seamlessly integrate into everyday life.

Coinbase: Stand With Crypto Initiative: Coinbase will spotlight its "Stand With Crypto" movement, advocating for progressive digital asset policies in the UK. This initiative empowers individuals and businesses to support transparent, innovation-driven regulations, launching at a critical time as policymakers prepare for the Party Conference season.

Mercuryo x Mastercard Partnership: Attendees can experience how crypto spending will become part of daily transactions with the Mercuryo x Mastercard collaboration.

Orbs On-Chain Trading: Orbs will showcase how its novel technologies in its Liquidity Hub with tools such as TWAP that are integrated to top DEXs can solve key issues such as fragmented liquidity and high slippage.

This year promises to offer a full spectrum of the benefits of Web3 across sectors with a bespoke AI immersive installation, Hackathons and demo days from top blockchain foundations, and top industry exhibitors dotted about Woolwich Works offering exclusive merchandise that attendees won’t want to miss. To view the full agenda click here. 

Harry Horsfall, CEO and Co-founder, says: "London has long been a central hub for innovation, and it’s got a great opportunity to be a leading player on the global stage, especially in Web3.” Horsfall continues, “However, we’re falling behind, and events like Zebu Live are crucial for turning that around. The collaboration and energy that come from these gatherings can act as a springboard for real growth. I’m particularly excited to see companies like Coinbase launching key initiatives here in the UK, which could be pivotal in driving the industry forward.”

Don't miss your chance to enter the chat at Zebu Live and keep up with the Web3 conversation. Tickets are priced from £50 and can be secured via Eventbrite here.

About Zebu Live

Zebu Live is the annual Web3 event owned by Flight3 (formerly Zebu Digital), the web3 marketing agency. In April 2023, Zebu Digital was acquired by Steven Bartlett’s marketing and communications agency, Flight Story. 

Zebu Live is in its third year, having launched the event in 2021. For this year’s show, sponsors include Coinbase, Solana, Alkimi, Goliath Ventures, Blockchain.com, Orbs, Stellar, Flare Networks. The 2024 Zebu Live media partners are Cointelegraph, BeInCrypto, CryptoSlate, the Cryptonomist, Luna PR, and Cryptopolitain. 

Zebu Live community partners include NFT UK, NFC, MAD Global, Joyn, Surge Women, Women of Web3, The Bigger Pie, LWLW3, Crypto Mondays, TuesDAO, and Blockchain Game Alliance.

Visit the Zebu Live website for more information and follow Zebu Live’s social channels for event updates and exclusive content: 

Twitter: @Zebu_live

Telegram: Zebu Live

LinkedIn: Zebu Live - London Web3 Conference

Please find a full media kit with further imagery HERE.

For all media and press enquiries, or if you’d like to discuss sponsorship or speaker opportunities, please contact Zebu Live at zebulive@ragency.com.

Disclaimer. This is a paid press release.

Victoria, Seychelles, September 19th, 2024, Chainwire

Ebi.xyz, a perpetual DEX built on Arbitrium One, today announced they had logged over 145K new users in under a week's time on its perpetual DEX, making it the fastest growing DEX by user count. The growth comes as ebi.xyz announced earlier this week that it will be the first perpetual DEX to be featured as one of Hamster Kombat’s official platforms for the airdrop claim on September 26th.

Further demonstrating ebi.xyz rapid growth, the platform has achieved over 44k active users, with trade volumes surpassing $60M. As a leading DEX, ebi.xyz has also claimed a top ranked spot as one of the most popular derivatives DEX on CoinMarketCap, ranking twelfth overall currently and continuing to climb upward. The rapid rise is a testament to confidence major projects are placing with Ebi, demonstrating its strong credibility in the industry.

“We're incredibly excited by the surge of new users coming to ebi.xyz, showing the growing demand for reliable and efficient trading solutions,” said Akira Ebi, Head of PR and Marketing for ebi.xyz. “Surpassing 145K new users in under a week is a huge milestone that showcases the confidence the community has in our platform. As we continue to expand and refine our platform, we look forward to empowering even more traders with the tools they need to succeed in the decentralized finance landscape.”

Ebi.xyz is the first and only perpetual DEX that allows for off-chain airdrop deposits specifically designed for handling large airdrops. The off-chain integration ensures a smoother, faster process for users to redeem airdrops. Looking forward, ebi.xyz expects this meteoric rise in users and activity on its DEX to continue to grow as anticipation for the Hamster Kombat airdrop grows.

In order to integrate new users on the platform, ebi.xyz has created a detailed step by step guide, including upcoming integrations, on wallet usage to help users with the onboarding process. These guides can be found on ebi.xyz’s gitbook here. In support of the collaboration, Hamster Kombat has also released a new video to explain mechanics of ebi.xyz on Hamster Academy. 

Users who choose ebi.xyz as their preferred platform for the September 26th Hamster Kombat airdrop will receive it as an open Hamster Kombat position. Users can also choose to hold their Hamster Kombat position or choose to sell a portion of their position in USDT. The USDT can then be withdrawn to any EVM-compatible wallet, such as Metamask, Trust wallet, and more. 

About ebi.xyz

Ebi.xyz is a non-custodial limit order book decentralized platform for trading perpetual futures. Engineered for traders, ebi.xyz offers deep liquidity and access to prominent new assets in the market. All trades are settled on the Ebi chain, an Ethereum L2 blockchain powered by Arbitrum Orbit. 

Website | X | Telegram | Discord 

Disclaimer. This is a paid press release.

Dubai, United Arab Emirates, September 19th, 2024, Chainwire

Crypto Content Creator Campus (CCCC), a groundbreaking initiative designed to empower and inspire the next generation of crypto influencers, is thrilled to announce its official launch in Dubai this fall. Taking place from November 8th to 10th, CCCC will serve as the premier annual gathering for the crypto community. It offers a unique platform for crypto content creators, influencers, and key opinion leaders (KOLs) to learn, network, and grow together, shaping the future of the industry.

As a team of industry experts and visionaries, CCCC is dedicated to fostering a thriving ecosystem for content creators within the Web3 and crypto space. Our mission is to provide an educational retreat that equips creators with the tools to drive crypto adoption and expand the crypto ecosystem.

CCCC: Learn x Mingle x Grow

CCCC will offer sponsors and participants an unparalleled opportunity to:

Masterclass With World-Class Celebrities: Discover the secrets to personal branding and content strategies from world-renowned celebrities and influencers.

Mingle With Founders of Major Ecosystems: Connect with ecosystem pioneers and discover how they are shaping the future of blockchain and Web3.

Learn From Top Executives: Learn from industry leaders including top executives from YouTube, TikTok, and X, alongside over 200 global content creators.

Showcase Your Skills: Participate in the Content Creator Hacker House with top content creators and global KOLs and compete for a $70,000 prize while contributing to the future of crypto.

Elevate Your Brand: Partner with CCCC as a sponsor and gain unparalleled exposure to a highly engaged crypto community.

The team is proud to announce that CCCC has already received overwhelming support from the blockchain industry. Leading crypto exchanges have signed on as title sponsors, while key players from the Layer 2 and DeFi ecosystems have also shown their support by joining as sponsors with varying levels of participation.

"CCCC will provide a thought-provoking and transformative experience for crypto influencers," said Phoebe Peng, spokesperson for CCCC. "We provide a supportive community and platform that empowers creators to not only expand the future of the crypto industry but to redefine what's possible in the digital age."

CCCC is now accepting sponsorship applications and ticket purchases. For more information or to register, users can visit https://www.cccc.buzz/

About Crypto Content Creator Campus (CCCC)

Crypto Content Creator Campus (CCCC) is led by a team of industry experts and visionaries dedicated to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, CCCC curated a campus that promises an experience unlike any other.

For more details about CCCC, users can visit: https://www.cccc.buzz/

For inquiries, users can contact: hello@cccc.buzz

Disclaimer. This is a paid press release.

Singapore, Singapore, September 19th, 2024, Chainwire

VALR, Africa’s largest cryptocurrency exchange by trading volume, today announced it will be listing First Digital’s FDUSD stablecoin on the 23rd of September. This strategic partnership will introduce three new spot trading pairs: BTC/FDUSD, FDUSD/ZAR, and FDUSD/USDT, making FDUSD more accessible to a global user base on the VALR platform.

This listing is part of a larger collaboration between VALR and First Digital, aimed at increasing the distribution and utility of FDUSD. In the coming months, both companies will roll out initiatives designed to drive the distribution and trading volume of FDUSD, and to enhance its use through VALR Pay, VALR’s payments platform.

VALR’s Role in Transforming Financial Systems

Established in 2018 and backed by Pantera Capital, VALR is focused on revolutionizing traditional financial infrastructure by facilitating the adoption of digital assets and stablecoins like FDUSD. Stablecoins are essential for users seeking financial stability and transactional efficiency in volatile markets. Through this partnership, VALR reinforces its commitment to offering secure and stable digital assets to its users.

"We’re pleased to bring FDUSD to our platform in partnership with First Digital," said Farzam Ehsani, Co-founder and CEO of VALR. "Stablecoins like FDUSD play an important role in the evolution of the global financial system, and VALR is well-positioned to facilitate their adoption, given our global reach and robust fiat infrastructure."

With corporate and institutional clients spanning Africa, South America, Europe, and Asia, and strong fiat on- and off-ramp capabilities through wire transfers in US dollar, euros as well as South African Rand, VALR provides an ideal platform for integrating stablecoins like FDUSD. 

Expanding Global Access to FDUSD

“Our partnership with VALR will bring FDUSD to a wider audience, particularly in Africa, where the need for financial stability and accessible digital assets is growing. Leveraging VALR’s infrastructure and expertise, we aim to enhance FDUSD’s distribution and utility to users and businesses. This collaboration is a key step toward expanding global stablecoin adoption and driving impact in both emerging and developed markets.” said Vincent Chok, CEO of First Digital. 

FDUSD, issued by Hong Kong-based First Digital under its subsidiary First Digital Labs, is a stablecoin backed by cash reserves and highly-liquid US Treasury investments. Built on Ethereum, BNB Chain, Sui Network, with support from other protocols in the pipeline, FDUSD is designed to provide stability and security for a range of financial services, from remittances to escrow contracts. 

About VALR

Founded in 2018, VALR is a global crypto exchange, offering a wide range of products and services including Spot, Margin, Futures, Staking, and OTC trading. VALR serves over 1,000 corporate and institutional clients and more than 800,000 customers worldwide. Headquartered in Johannesburg, VALR is licensed by the Financial Sector Conduct Authority (FSCA) in South Africa, approved to offer services in Europe, and has received initial approval from Dubai’s VARA. The exchange has secured $55 million in equity funding from prominent investors, including Pantera Capital, Coinbase Ventures and GSR. For more information, visit: valr.com

About First Digital

First Digital USD (FDUSD) is a fully 1:1 USD-backed stablecoin with uncompromising trust by design offering integrity, accessibility and scalability. FDUSD is always redeemable on a one-to-one basis for cash. Reserves are fully backed by highly liquid cash and cash equivalent assets, held in fully segregated bankruptcy-remote holding structures. Collateral is safeguarded by a top-tier, qualified custodian with a trust license for seamless asset protection and regulatory compliance, with independent attestation reports published monthly. FDUSD is issued onshore out of Asia, is the first native stablecoin on the Sui network and currently available on Ethereum and BNB Chain. FDUSD has since become one of the top five USD-denominated stablecoins by market cap. To learn more about FDUSD, visit www.firstdigitallabs.com

For media inquiries, please contact:

press@valr.com or rachelle.ma@edelman.com

Disclaimer. This is a paid press release.

Singapore, Singapore, September 18th, 2024, Chainwire

Key Takeaways:

PancakeSwap is launching its first Initial Farm Offering (IFO) on Arbitrum, marking a significant milestone in its multichain expansion strategy.

The IFO will feature Eigenpie, a leading Liquid Restaking Protocol on EigenLayer.

The IFO will be conducted from 10:15 AM UTC on September 24th, 2024, to 10:15 AM UTC on September 25th, 2024.

Participation methods include a Basic IFO for all CAKE holders and a Public IFO with reduced fees for veCAKE holders.

PancakeSwap has unveiled its first-ever Initial Farm Offering (IFO) on the Arbitrum network. This event will spotlight Eigenpie, a well-known Liquid Restaking Protocol on EigenLayer with over $1B TVL, marking an important step in PancakeSwap’s ongoing expansion.

The upcoming IFO will run from September 24, 2024, at 10:15 AM UTC to September 25, 2024, at 10:15 AM UTC. This venture marks a significant moment for PancakeSwap as it introduces its popular IFO model to Arbitrum, following previous successful launches of Swap, Yield Farming, Prediction Markets, and Perpetual Trading on the network.

Eigenpie represents an innovative approach in the DeFi space. Built on EigenLayer, Eigenpie is a Liquid Restaking Protocol that enables users to restake their ETH or Liquid Staking Tokens (LSTs). The restaked asset is used to validate other services while allowing users to maintain liquidity via a Liquid Restaking Token (LRT). 

The centerpiece of this IFO is the EGP token, which serves as Eigenpie’s native governance token. EGP allows its holders to participate in protocol governance, potentially earn rewards from engagement, and amplify their influence through vote-locked EGP (vlEGP). 

Participation in the IFO will be accessible through two primary channels. The Basic IFO will be open to all CAKE holders. For those with veCAKE on BNB Chain, a Public IFO will provide exclusive access with a reduced participation fee. Participants will need to lock CAKE to receive veCAKE, which they will then use to join the IFO.

Disclaimer and Risk Warning: This content is for informational and educational purposes only and does not constitute financial, legal, or professional advice. It is not a recommendation to purchase any specific product or service. Please consult with qualified advisors for personalized guidance. Participation in the IFO involves risks and may be restricted in some areas. Ensure you comply with local laws and regulations before participating.

About PancakeSwap

PancakeSwap is a leading multichain decentralized exchange that operates on an automated market maker (AMM) model and is available across nine chains: BNB Chain, Ethereum, Aptos, Polygon zkEVM, zkSync Era, Arbitrum One, Linea, Base, and opBNB. Launched in 2020, PancakeSwap is one of the most popular DEXs in the cryptocurrency industry due to its low transaction fees, high-speed trading, and user-friendly platform. PancakeSwap has over $828 billion in cumulative trading volume and over $1.58 billion in total value locked, making it a leading multichain DEX in the industry. For more information, users can visit https://pancakeswap.finance/.

Disclaimer. This is a paid press release.

Dubai, UAE, September 18th, 2024, Chainwire

VIKITA, a memecoin operating on the SunPump platform, has been listed on the Poloniex exchange, available for trading against USDT (Tether). Built on the TRON blockchain, VIKITA benefits from fast, low-cost transactions, providing users with an efficient trading experience.

SunPump, the platform hosting VIKITA, specializes in supporting memecoins, allowing users to create, buy, and sell tokens without the need for initial liquidity. This structure aims to simplify access to token creation and trading for users within the ecosystem.

With a limited supply of 1 million tokens, VIKITA has seen notable trading activity since its listing. The liquidity of the token has surpassed $300,000, while the daily trading volume has exceeded 1 million TRX. The token has also reached a market capitalization of over $7 million as of the date of this release, placing it among the top 10 tokens by market capitalization on the SunPump platform.

VIKITA’s distribution has been managed exclusively through SunPump, ensuring transparency in the process. The platform's structure seeks to eliminate potential risks of manipulation.

SunPump is a growing platform within the TRON ecosystem, known for its role in facilitating USDT trading. The platform’s focus on memecoins has attracted significant interest in VIKITA, contributing to its early market performance.

About VIKITA

VIKITA is a memecoin built on the TRON network and operates on the SunPump platform, which is designed to support the creation, buying, and selling of memecoins without requiring initial liquidity. With a limited supply of 1 million tokens, VIKITA offers fast, low-cost transactions, benefiting from TRON’s blockchain infrastructure. Since its launch, VIKITA has gained significant attention in the market, becoming one of the top tokens by market capitalization on the SunPump platform.

Disclaimer. This is a paid press release.

Tel Aviv, Israel, September 18th, 2024, Chainwire

Payments blockchain Fuse has announced a major update to its roadmap and major plans to grow its ecosystem through a series of initiatives designed to accelerate adoption. These improvements will enhance scalability as part of its transition to modular architecture based on zkEVM.

The network upgrade will see Fuse migrate to an L2 powered by the Polygon CDK to support new use cases and make it easier for businesses to develop powerful apps for payments and financial services with deep interoperability at their core.

Fuse has made significant progress in growing its community and onboarding partners since launching its EVM-compatible chain in 2019. It’s now seeking to build upon this foundation by taking advantage of innovations in web3 technology that support greater throughput and unlock new use cases.

Fuse Ember, the name given to the multi-stage network and ecosystem upgrade Fuse has tabled, will introduce a host of improvements over the next 12 months. The first phase will see Fuse upgrade to the latest EVM version via the London Hard Fork to incorporate new standards and features. From there, focus in phase two will shift to upgrading the network’s tokenomics which will include increasing the maximum staking threshold. This will deliver greater stability for validators.

In the long-term, Fuse intends to remove token inflation during phase three to ensure sustainable incentives, while the move to zKEVM will also see the native tokenomics revised. At the same time, switching to a L2 that supports zero-knowledge proofs will make it easier for developers to build applications that offer private payments and confidential transactions which will prove valuable in the creation of dapps spanning DeFi, enterprise usage, healthcare, and much more.

One of the chief benefits that the move to a zkEVM will bring is greater modularity, allowing blockchain resources to be allocated more efficiently. As a result, more transactions can be processed simultaneously and at lower cost without reducing decentralization. This approach also enables changes to individual modules without affecting the entire system.

Other milestones that have been added to the Fuse roadmap as part of Fuse Ember include a node sale in which 50,000 node licenses will be made available, each represented as an NFT. Node operators will earn rewards for validating transactions and there will also be the option to delegate NFTs for holders who don’t wish to directly run a node.

Fuse’s revamped roadmap will make it primely positioned to serve as a versatile and highly efficient L2 that will support payments, DeFi, and other use cases, while maintaining deep integration with the broader EVM ecosystem. Deployment of its zkEVM and revised tokenomics are expected before the end of the year before its node sale commences in 2025 as well as the introduction of new yield-generating products for Fuse users. 

About Fuse

Fuse is a layer 2 blockchain that offers fast, cheap and borderless payments with stablecoins and DeFi building blocks. It enables businesses to build, integrate and use blockchain technology to enhance mobile, e-commerce, loyalty and branded stablecoins.

Learn more: https://www.fuse.io

Disclaimer. This is a paid press release.

United Arab Emirates, Dubai, September 18th, 2024, Chainwire

MANTRA, a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs) has announced it will launch its highly anticipated Mainnet in October 2024. This milestone event marks a significant step in bringing traditional finance onchain and provides a new home for MANTRA's native token, $OM.

MANTRA Chain will provide a comprehensive and customizable suite of tools allowing developers to tailor solutions based on their specific needs. This suite not only simplifies the process of bringing real-world assets onchain, but also ensures the solutions remain compliant with regulatory requirements. 

As part of MANTRA’s vision to become the preferred ledger of record for real-world assets, the MANTRA Chain Mainnet will include key features such as:

Verifiable network security and stability, mitigating counterparty risk 

A trusted platform to deploy institutional capital onchain

A foundation for a globally accessible asset class, unlocking the multi-trillion dollar real-world asset economy

"The launch of our Mainnet marks the culmination of years of work to bring finance onchain. We are thrilled to be at the forefront of bridging the gap between traditional and decentralized finance,” said John Patrick Mullin, CEO of MANTRA. “By providing  on-ramps for tokens and stablecoins with world class stability and reliability, we believe MANTRA Chain will be the leading global destination for businesses and industries to access onchain financing and asset tokenization."

MANTRA Chain’s launch represents a significant milestone in the integration of traditional finance with blockchain technology. MANTRA Chain will bring more RWA partnerships to the forefront, adding to recent announcements like MANTRA’s partnership with UAE real estate giant MAG to tokenize US$500 million of real estate.

For more information about MANTRA, the mainnet launch and the company’s ambitions for the RWA ecosystem, visit mantrachain.io.

###

About MANTRA:

MANTRA is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.

Website | Twitter | LinkedIn | Discord 

Disclaimer. This is a paid press release.

Dubai, UAE, September 18th, 2024, Chainwire

Cypher Capital, a multi-strategy crypto investment firm, today announced its role in a $15 million seed funding round for Hemi Labs, a modular blockchain network unifying Bitcoin and Ethereum. Hemi Labs will use the funds to develop and launch the Hemi Network, utilizing funds from Cypher Capital to advance blockchain technology and enhance interoperability by developing a unified supernetwork.

The round comes after Hemi’s recent incentivized testnet launch, and a mainnet launch targeted for Q4 2024. Participation from numerous investors includes Binance, Breyer Capital, Big Brain Holdings, Crypto.com, HyperChain Capital, Alchemy, SALT Fund, Kelly Capital, Sunflower Capital, DNA Fund, Web3 Ventures, Quantstamp, TRGC, UTXO, Artichoke Capital, SNZ Holding, Capital6, IBG Capital, Protein Capital, MON Ventures, SV5, Impossible Finance, Jihan Wu (Bitdeer), and George Burke (Portal), among others.

“Hemi Labs is at the forefront of blockchain interoperability,” said Vineet Budki, CEO of Cypher Capital. “Their approach to integrating Bitcoin and Ethereum into a cohesive supernetwork addresses key scalability and security challenges, and our investment aligns with their mission to transform blockchain infrastructure and unlock new possibilities for decentralized applications.”

Unlike traditional efforts to integrate Bitcoin and Ethereum within their own ecosystems, Hemi Labs is developing a unified supernetwork. Hemi Network will include the Hemi Virtual Machine (hVM), integrating a full Bitcoin node within an Ethereum Virtual Machine (EVM), allowing developers to create cross-chain smart contracts with familiar tools while ensuring compatibility with existing EVM dApps and wallets. The Hemi Bitcoin Kit (hBK) facilitates direct smart contract access to granular Bitcoin state for advanced Bitcoin-native applications such as staking and lending markets.

The network also boasts Superfinality through Hemi’s Proof-of-Proof (PoP) consensus mechanism, ensuring Bitcoin-level security in a decentralized, permissionless manner and provides Bitcoin-security-as-a-Service to other blockchain networks. Hemi’s Tunnels will offer trustless cross-chain portability, improving upon traditional bridge methods. Additionally, Hemi will feature on-chain routing, time-lock, password protection, and gasless transfers for seamless asset movement without relying on native chain currencies.

“The quality and enthusiasm of our investors and partners reflect the groundbreaking nature of what we are building,”  said Jeff Garzik, Co-founder of Hemi Labs. “We are well positioned to advance blockchain technology by creating a supernetwork that marries the capabilities of Bitcoin and Ethereum, and Cypher Capital’s support is crucial to that success as they share our vision for the ecosystem.”

About Cypher Capital

Cypher Capital is a leading early-strategy venture firm focused on investing in Web3 infrastructure and applications that will drive the new digital economy. Guided by environmental, social, and governance for every investment decision, Cypher is shaping the future of digital currency, public markets, and Web3. 

Website  |  Blog  |  LinkedIn  |  Telegram  | Instagram  |  Facebook  |   Youtube  |  X  

About Hemi

The Hemi Network (“Hemi”) is a modular blockchain powered by Bitcoin and Ethereum that provides superior scaling, security, and interoperability. Hemi views Bitcoin and Ethereum as components of a broader supernetwork, unlocking new levels of programmability, portability, and potential. Hemi Labs is a leading developer of Web3 infrastructure and tooling, founded by renowned Bitcoin developer Jeff Garzik, and blockchain security pioneer Max Sanchez. Learn more at https://hemi.xyz/. 

Disclaimer. This is a paid press release.

Singapore, Singapore, September 18th, 2024, Chainwire

MatrixPort, a leading digital asset financial services platform and exSat, a breakthrough Bitcoin scalability solution, have entered into a comprehensive strategic partnership. By leveraging their respective strengths, they aim to accelerate the growth and application of the Bitcoin ecosystem, marking the start of a new era in Bitcoin development.

MatrixPort, a global one-stop digital asset financial services platform, brings extensive industry experience, robust technology, and a large user base to offer secure, convenient, and efficient digital asset trading and wealth management services. exSat Network focuses on developing unique scalability solutions for Bitcoin. Through the unique On-Chain UTXO data index, 1 second instant transaction confirmation, and secure asset custody solutions, it provides the Bitcoin network with more powerful scalability, functionality and interoperability, enabling new Bitcoin application scenarios.

This powerful collaboration plays to the advantages of both parties and brings multiple benefits to the Bitcoin ecosystem. MatrixPort's expertise and user base will support the rapid development of exSat, while exSat’s innovative technology will offer MatrixPort users more investment options and a superior experience. Together, they are committed to driving Bitcoin adoption and utility, revitalizing the Bitcoin ecosystem, and creating more value for users worldwide.

This strategic partnership will focus on the following key areas:

Unlocking Bitcoin Liquidity: Ushering in a New Era of BTCFi

Matrixport will provide nBTC on the exSat platform, a new Wrapped BTC version of the product that is 1:1 anchored with Bitcoin. They plan to provide 5,000-10,000 nBTC on the exSat mainnet to boost liquidity and support exSat’s PoW+PoS consensus mechanism.

The issuance of nBTC will become a bridge connecting Bitcoin and the exSat ecosystem, achieving seamless interoperability. Users can convert native BTC to nBTC via MatrixPort and utilize it on exSat for various BTCFi applications such as staking, lending, and trading.

The issuance of nBTC holds significant implications in a context where 94% of Bitcoin has already been mined:

Unlocking Bitcoin Liquidity: Bringing dormant Bitcoin assets into the DeFi space and injecting liquidity into the exSat platform.

Expanding Bitcoin application scenarios: Utilizing exSat as a bridge to open up broader application scenarios for Bitcoin.

Enhancing Bitcoin User Experience: Leveraging exSat's efficiency, providing Bitcoin users with more convenient, fast, and cost-effective transaction and wealth management services, promoting the popularization and utility of Bitcoin.

Empowering Innovation and Expanding the exSat Mainnet Ecosystem

MatrixPort will focus on driving the vigorous development of innovative dApp applications and services on the exSat platform, co-creating a more open, diverse and prosperous Bitcoin ecosystem.

Key areas of focus include:

BTCFi On-Chain Applications: Supporting the development of nBTC staking, trading, and lending applications on the exSat chain, offering users more diverse financial services and investment options while enhancing on-chain asset liquidity.

Real World Assets (RWA): Facilitating the tokenization of real-world assets, such as renewable energy assets, on the exSat platform, combining Bitcoin digital assets with RWAs to unlock new liquidity and value.

Cross-Chain Interoperability: Connecting exSat with the BTC ecosystem, and promoting a wider distribution of value.

This strategic collaboration will offer ecosystem developers comprehensive support, including technical guidance, marketing, and more, helping turn their innovative ideas into reality and promoting the prosperity of the exSat ecosystem. Together, MatrixPort and exSat will create more value for Bitcoin ecosystem participants, realizing the preservation and appreciation of digital assets, and ensuring sustainable, decentralized, and secure growth for Bitcoin.

Building a Secure Bitcoin Ecosystem to Protect User Assets

MatrixPort and exSat recognize that security is the cornerstone of Bitcoin ecosystem development. They will collaborate strategically to build an unbreakable on-chain security defence, safeguarding user assets.

The partnership will integrate MatrixPort's extensive security experience and exSat’s leading blockchain technology to enhance security in multiple areas:

Multi-signature Technology Application: The two parties will jointly explore and apply more decentralized multi-signature technology to provide users with safer asset management solutions and ensure the safety of user assets.

Security Specification Formulation: The two parties will jointly formulate and promote BTC asset security specifications and risk control systems, improve the security awareness and prevention capabilities of the entire ecosystem, and jointly maintain the security of users' assets.

Security Monitoring Cooperation: exSat will use Matrixport's rich security experience and resources to conduct comprehensive security risk monitoring of BTC assets issued on the exSat platform, identify potential risks and control risks in time, and ensure that the platform's security meets the highest industry standards.

MatrixPort and exSat firmly believe that a secure and reliable Bitcoin ecosystem is essential for users to participate confidently and enjoy the value and opportunities brought by Bitcoin. Together, they will continuously improve security measures, safeguard user assets, and promote the healthy growth of the Bitcoin ecosystem.

About exSat

exSat is dedicated to addressing the scalability and interoperability challenges of Bitcoin. By implementing a Data Consensus Extension Protocol that combines Proof of Work (PoW) and Proof of Stake (PoS), exSat aims to enhance BTC’s data consensus, scalability, security, and interoperability within the ecosystem. For more information, visit exsat.network and join exSat on X.

Disclaimer. This is a paid press release.