The cryptocurrency world became active with important developments on August 1. There have been a number of important events such as new investment funds, partnerships and platform integrations. Here are the latest updates including cryptocurrency projects such as APT coin, RDNT, NAM:

Important Steps from INVITE, Namada and Radiant Capital

First of all, INVITE, the rising star of Telegram and the TON ecosystem, has taken a big step. The project announced that it will be listed on Gate, one of the leading exchanges in the cryptocurrency world. INVITE has a large community of approximately 9 million people and plays a significant role in social growth and will significantly expand its reach with this listing. It is also noteworthy that INVITE is distributed on the TON blockchain with a fair sales model.

Privacy-focused blockchain Namada shared token economy details. The distribution plan of a total of 1 billion NAM tokens offers important clues about the future of the project. Allotments for supporters, early stage participants, protocol development and community activities reveal the priorities of the project. In the DeFi world, Radiant Capital aims to reach a wider user base by announcing that it is integrated into the popular Layer-1 solution Base. Radiant's unique liquidity provision mechanism and collaboration with Aerodrome can strengthen the platform's position in the DeFi ecosystem.

Critical Announcements for SynFutures, ApeCoin, Sushi and APT coin

SynFutures stood out in the derivatives market. The platform attracted attention by taking the leadership in transaction volume over Base. It also has a large share of the transaction volume on Blast, according to Messari's report. SynFutures' growth momentum has enabled it to become a major player in the industry.

Animoca Ventures has proposed a new $10 million investment fund for ApeCoin DAO. This fund will focus on early Web3 projects and aims to expand the ApeCoin ecosystem.

An important development came from the Aptos ecosystem. OKX Ventures and Aptos Foundation have created a $10 million fund to support the ecosystem. This fund will be used to support projects developed on Aptos.

Finally, a new collaboration between SushiSwap and OKX was announced. OKX Web3 wallet will now be integrated with SushiSwap and users will be able to make transactions more easily. This partnership aims to create synergy by combining the user bases of the two platforms.

In summary, the cryptocurrency ecosystem experienced a significant wave of updates and innovations on August 1. New projects, investments and integrations once again revealed the dynamic structure of the sector. It is eagerly awaited to see how these developments will be reflected in the sector in the coming days.

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