New York, United States, July 18th, 2024, Chainwire

Pawfury (PAW) gains traction as a possible alternative to meme coins, offering real-world solutions, long-term growth potential, and unique features like high staking APY and deflationary tokenomics.

Pawfury (PAW)'s Unique Features

Emerging as an innovative player, Pawfury (PAW) introducing an innovative technology and robust community backing. In contrast to its meme coin predecessors, Pawfury (PAW) strives to provide real-world applications, enhancing its potential longevity and relevance in the competitive crypto market. Notably, its presale phase has raised over $4.3 million.

Driving Factors Behind Pawfury (PAW)

Several key attributes contribute to Pawfury (PAW):

Blockchain-Based Solutions: Pawfury (PAW)’s platform aims to address various real-world challenges, ensuring that the cryptocurrency holds value beyond speculation.

High Staking Annual Percentage Yield (APY): The project offers investors financial incentives.

Successful Security Audits: Rigorous security assessments have built substantial trust in the project, safeguarding investor interest.

Deflationary Tokenomics: The ecosystem includes a buyback and burn mechanism to reduce the supply of tokens over time.

Community Engagement: With over 40,000 members, Pawfury’s (PAW) active and involved community plays a critical role in its development and ongoing promotion.

Pawfury's (PAW) Presale

The recent presale of Pawfury (PAW) has successfully raised over $4.3 million, which can indicate a strong interest and potential. Currently, the presale price is set at $0.0150 per token. However, it's important for investors to conduct their own research and consider the inherent risks associated with cryptocurrency investments.

Pawfury's (PAW) Advantages

Practical Utility: Pawfury (PAW) has real-world applications.

Sustainable Model: Pawfury (PAW)’s deflationary economics aim to increase token scarcity and value over time, providing a potentially more stable growth path.

Community and Development Focus: Ongoing development efforts and a collaborative community backdrop set a solid foundation for the cryptocurrency's long-term sustainability.

Pawfury (PAW) is offering a 10% bonus on purchases with the promo code "BONUSGAIN10X."

About Pawfury (PAW)

Pawfury (PAW) is a pioneering cryptocurrency designed to offer sustainable alternatives to traditional meme coins by providing real-world solutions and long-term growth potential. With a successful presale raising $4.3 million, Pawfury stands out with its high staking APY, deflationary tokenomics, and strong community engagement. By addressing real-world challenges through blockchain-based solutions, Pawfury aims to deliver lasting value to its investors. With rigorous security measures and a dedicated community, Pawfury is positioned to become a notable player in the cryptocurrency market.

For more information about Pawfury (PAW) and to use the 10% bonus promo with the code BONUSGAIN10X, users can visit the official website https://www.pawfury.com, follow Pawfury (PAW) on Twitter https://x.com/Paw_Fury and join their community on Telegram Pawfury Official.

Disclaimer. This is a paid press release.

New York, New York, July 18th, 2024, Chainwire

XION's groundbreaking chain abstraction Web3 technology enables EarnOS to transform digital advertising, driving unprecedented user engagement and brand awareness for global companies.

XION, the first blockchain purpose-built for mainstream adoption through chain abstraction, announced the massively successful beta launch of the EarnOS platform which included a prominent ridesharing application, clothing, and accessory brands which together command a market capitalization exceeding $165 Billion. The initial campaign showcased how XION's chain abstraction technology enabled EarnOS to build a platform that revolutionizes user acquisition, engagement, and rewards in the digital advertising space.

The EarnOS launch on the XION blockchain saw remarkable results, with over 200,000 verified users participating and more than 1,300,000 unique brand interactions ranging from social media acquisitions, bespoke advertisement campaigns, immersive augmented reality experiences and more. Participating brands overall achieved a 9000% boost in brand awareness coupled with significant growth on social media platforms.

These impressive metrics have prompted the aforementioned ridesharing company to substantially increase its planned spending on the EarnOS platform, which is disrupting the $1 Trillion digital advertising market through novel economic incentivization models. By leveraging XION's advanced chain abstraction technology, the platform enables brands to acquire, reward, and engage users globally through targeted advertising actions in ways previously not possible.

"We're seeing the future of Web3 unfold, where blockchain technology becomes accessible to mainstream audiences, opening up massive customer bases for participating brands,” said Burnt Banksy, Founder of XION. "The success of the EarnOS launch demonstrates XION's unique ability to enable true consumer-facing applications and drive mainstream adoption by fully abstracting away crypto complexities.”

Key to EarnOS’ user-friendly experience is XION's chain abstraction infrastructure. Users can log in with their email and interact seamlessly across all devices, without the need for seed phrases, plugins, wallets, gas fees, popups, or complex transaction signing. Additionally, global USDC micropayment rails enable advertisers to reach wider audiences through innovative economic incentives. This breakthrough in user experience, coupled with the power of blockchain technology, can position EarnOS and XION at the forefront of the next generation of mainstream-ready Web3-powered applications.

About XION

XION is the first layer one blockchain purpose-built for consumer adoption through crypto abstraction. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION enables secure, intuitive, and seamless user experiences. The project has previously raised over $36M from top-tier investors, including Animoca, Circle Ventures, Multicoin, Draper Dragon, Spartan, and more.

To learn more about XION, users can follow @burnt_xion on Twitter, subscribe to the XION Blog, or visit xion.burnt.com.

Disclaimer. This is a paid press release.

New York, NY, July 18th, 2024, Chainwire

Zeebit has announced that it is launching the first fully decentralized risk-on microgaming platform on Solana. Developed using Sonic infrastructure, the on-chain games platform will be designed for crypto natives with an array of novel web3 gamification features.

The Zeebit risk-on microgaming platform, developed using the Sonic Virtual Machine (SVM), will feature a range of casino classics, PVP games, and web3 native risk-on experiences. Billed as a degen playground, Zeebit’s platform will be underpinned by verifiable and provable fairness and non-custodial settlement.

Zeebit’s platform will take advantage of Sonic’s scalable L2 which has been designed to support high-volume dapps with settlement occurring on Solana L1. As part of the initiative, Zeebit’s current Solana-based platform will migrate to Sonic L2 including all player histories, stats, and points.

Bayzian, core contributor at Zeebit, said: “Our collaboration with Sonic is possible thanks to the enhancements made to the SVM in recent months, utilizing core functionality to unlock new types of games and experiences. Zeebit will be among the first game platforms launching on Sonic, offering one of the first opportunities for folks to experience what Sonic has to offer, and participate in growing the Sonic ecosystem.”

SonicSVM CEO Chris Zhu added: “Zeebit stood out to our team immediately as they weren’t just building another crypto casino: they are a highly technical team that were looking to fully utilize the benefits and utility of web3 technology on Solana. We’re excited that the Zeebit team will be able to realize their vision utilizing Sonic, building a truly transparent, fair, and fun gaming suite. They will be a leading example in the Sonic ecosystem utilizing customized Sonic gaming stack, while being composable with the rest of the Solana ecosystem.”

Incubated by Solana Labs and backed by a number of major web3 VCs including Jump Crypto, Mirana Ventures, and GBV, Zeebit is on a mission to create new onchain experiences. Utilizing technology such as verifiable random function (VRF) for onchain randomness, Zeebit’s risk-on microgaming platform will break new ground for Solana L2 while allowing crypto natives to explore exciting games that are tailored to their interests.

Zeebit will launch it’s platform on the Sonic testnet in the coming weeks featuring an array of existing and all-new games including Dice, Coin Flip, Limbo, Plinko, Roulette, Mines, Crash, Baccarat, and Blackjack. This will be followed by a full mainnet launch accompanied by a series of incentivized campaigns for gamers and onchain users. Participants will have the opportunity to earn Zeebit points as well as Sonic rings that can later be redeemed.

About Zeebit

Zeebit is a fully on-chain, decentralized and non-custodial protocol. All bets,transfers and player interactions take place directly between your wallet and the protocol, and results and settlement are verifiably fair. Your funds are never held or controlled by any individual or organization.

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

About Sonic

Sonic is a gaming L2 built on HyperGrid, a parallel processing framework designed to introduce customizability and scale while being natively composible to Solana. Sonic is the first atomic SVM chain built to enable sovereign game economies on Solana. Sonic enables sovereign game economies that roll-up and settle on Solana.

Learn more: https://www.sonic.game/

Disclaimer. This is a paid press release.

New York, New York, July 18th, 2024, Chainwire

Somnia, the Dream Computer, has announced the launch of Somnia Playground, an imaginative application that will make it easier than ever to create and host metaverse experiences. Somnia is a 300k+ tps EVM Layer 1 with Interoperability Protocols to unify metaverses, gaming, NFTs, and social platforms, creating a seamless fully on-chain virtual society. 

The beta version of Somnia’s Playground allows creators to build metaverse worlds and experiences, invite friends, and show off their NFTs. Soon, the Playground will make developing and publishing metaversal content easier, allowing creators to focus on bringing their unique visions to life.

Somnia Playground will provide content creators with a "sandbox" environment, allowing them to test their ideas and creations without the need to deploy them onto server infrastructure. This rapid iteration process saves valuable time and resources, allowing creators to experiment, refine, and perfect their metaverse experiences before launching them on Somnia.

Once users build their space in the playground, they can invite their friends with a referral code that will allow them to climb up the quest leaderboard. Users will be able to show off their NFTs and build experiences in their own virtual worlds that will be powered by whatever digital currency or asset they choose. 

There will also be a refresh of the incentive quests for season 2, with new quests for the Playground.

"We can’t wait to hear what creators think about the Somnia Playground," said Paul Thomas, CEO of Somnia. "Our goal is to empower creators by giving them the tools they need to bring their metaverse visions to life. With Somnia Playground, we are lowering the barriers to entry and enabling a new generation of creators to create innovative digital experiences."

Creators can leverage the platform's tools to craft experiences that align with their creative vision and target audience. 

The version of the Playground that is currently shipping is just the beginning. We’re also in the process of developing a tool to easily publish MML objects to our protocols, allowing users to create, customize, and share their unique items in the Metaverse. We’re also working on increasing the capacity of each space beyond the current 20-person limit, and adding voice chat to make social interactions even more immersive. Then, when Somnia mainnet is live, creations will be tradable through web3 marketplaces. 

As the metaverse continues to evolve and expand, tools like Somnia Playground will play a crucial role in democratizing access to metaverse creation. By providing a user-friendly, web-based platform, Somnia enables content creators to shape the future of immersive digital content.

To learn more about Somnia Playground and start creating your own metaverse experiences, visit [website URL].

About Somnia

Somnia is creating a virtual society with an L1 blockchain and a set of omnichain protocols designed to bring millions of users into an open and unified metaverse, allowing users to move seamlessly across experiences. Somnia opens up endless possibilities for builders to create content that is portable and remixable content by upgrading existing NFTs.

For more information, please visit Somnia.Network

Disclaimer. This is a paid press release.

George Town, Cayman Islands, July 18th, 2024, Chainwire

Zivoe, a Real-World Asset (RWA) credit protocol, is thrilled to announce its upcoming launch with a targeted launch date of July 31st. This event marks a significant milestone in leveraging blockchain technology to democratize access to credit.

Zivoe aims to broaden credit access by linking on-chain liquidity with real-world borrowers. Initially, Zivoe will issue on-chain loans to a strategic lending partner, who will then use that capital to originate more affordable fiat loans to consumers. In the long term, Zivoe plans to engage directly with consumers, further bridging the gap between on-chain finance and traditional financial (TradFi) systems.

The launch coincides with Zivoe’s Initial Tranche Offering (ITO), a unique liquidity bootstrapping mechanism designed to attract initial Total Value Locked (TVL). Liquidity providers (LPs) can deposit stablecoins into either Zivoe’s senior or junior tranche, receiving Tranche Tokens in return. These tokens aim to offer risk-stratified exposure to Zivoe's loan portfolio, which is secured by a special purpose vehicle (SPV) backed by the cash flows from consumer loans and can be staked to earn yield.

ITO participants will also be eligible to receive $ZVE, the platform's native governance and utility token, which will be airdropped upon the completion of the ITO. The ITO is scheduled to begin on July 31st and will run for up to 30 days.

Led by a team with extensive experience in both TradFi consumer lending and decentralized finance (DeFi), Zivoe has successfully raised $8.35 million in a funding round featuring prominent investors such as Andrew Keys, Iceberg Capital, Concave, and others.

“We are grateful to reach this significant milestone and blessed to introduce an innovative solution to the traditional lending industry,” said Kristal Gruevski, Founder and General Counsel of Zivoe. “Our ITO will provide DeFi users (US Accredited Investors and Non-US persons only) with unprecedented access to the consumer credit market. This is just the beginning of a new era where blockchain technology and real-world lending converge. We are beyond excited to help millions of underserved individuals around the world while bringing a new RWA product to DeFi.”

Disclaimer: For non-U.S. persons and U.S. accredited investors only. Providing liquidity involves risks, including complete risk of loss. Please review terms and conditions and consult with a professional advisor as needed.

For more information about Zivoe and its upcoming Initial Tranche Offering, please visit https://www.zivoe.com/. 

About Zivoe:

Zivoe is a Real-World Asset credit protocol set to disrupt the multi-billion dollar high-interest consumer lending market. By connecting global DeFi liquidity to private credit markets, Zivoe aims to channel much-needed capital into underserved areas, making credit more accessible and affordable for everyone. Additionally, Zivoe seeks to introduce consumer loans as a new source of Real-World Assets in DeFi markets, enriching the ecosystem with yield opportunities derived from real economic activity.

Website | X | LinkedIn | Discord | YouTube | Telegram

Disclaimer. This is a paid press release.

Singapore, Singapore, July 18th, 2024, Chainwire

exSat is pleased to announce that BitTrade will be joining forces with exSat as one of the esteemed Data Validator nodes in our network. This partnership marks our first cooperation with a licensed institution, significantly strengthening scaling solutions through the exSat Docking Layer and enhancing the Bitcoin ecosystem.

exSat: The Docking Layer for Bitcoin

exSat is a groundbreaking Docking Layer designed to address the inherent scalability and interoperability challenges of Bitcoin. By providing a Data Availability Layer and a Decentralized Indexer, exSat extends BTC’s data capabilities, allowing for improved scalability, security, and interoperability within the ecosystem. This approach enables the seamless integration of Bitcoin with various Layer 2 solutions, offering a robust platform for smart contracts and complex business logic applications.

Hybrid Consensus Mechanism

exSat employs a unique Data Consensus Extension Protocol that combines Proof of Work (PoW) and Proof of Stake (PoS). This hybrid consensus mechanism ensures that exSat can leverage the strengths of both PoW and PoS, enhancing BTC’s data consensus and providing a secure and scalable infrastructure for the Bitcoin ecosystem.

exSat Validator Nodes

Entities interested in serving as Validator Nodes are integral to strengthening the security and decentralization of Bitcoin’s functionalities through exSat. These nodes play a pivotal role in maintaining the network’s integrity and scalability, ensuring that engaged and capable partners contribute to our robust ecosystem. Validators are selected based on their demonstrated commitment and technical capabilities, solidifying the network’s standards of security and operational efficiency.

"Bringing BitTrade on board as a validator marks a significant milestone for exSat as we strive to secure more than 51% of the BTC hashrate and accumulate over 10,000 staked BTC to ensure the network's security and efficiency. BitTrade’s established BTC staking program aligns perfectly with our goals, positioning them to immediately contribute to and benefit from this synergy," said Huaqiang Wen, Founder of exSat.

Expanding Bitcoin’s Ecosystem

Through this partnership with BitTrade, exSat is set to enhance the functional scope of Bitcoin by enabling more efficient and secure transactions, along with the deployment of complex smart contracts. BitTrade’s role as a Data Validator will be crucial in maintaining the integrity and efficiency of the exSat network, marking a significant step forward in our shared vision for a scalable, interoperable Bitcoin ecosystem.

This announcement follows the recent inclusion of SpiderPool, the #7 mining pool in the world by hashpower, as a validator and synchronizer node. The addition of BitTrade as the second validator further solidifies exSat’s commitment to building a robust network ahead of its official launch.

Stay tuned for more announcements as we continue to reveal additional validators joining exSat, reinforcing our dedication to creating a scalable and interoperable 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 follow exSat twitter. 

About BitTrade

Founded in 2016, BitTrade is one of Japan's first licensed cryptocurrency exchanges. Renowned for its secure and user-friendly platform, BitTrade has been at the forefront of Japan's cryptocurrency market. Notably, BitTrade was the first exchange in Japan to list EOS, demonstrating its commitment to supporting innovative blockchain projects. With a robust portfolio of financial products, including interest-earning deposits on BTC, BitTrade has established itself as a trusted and influential player in the cryptocurrency industry.

Disclaimer. This is a paid press release.

San Francisco, USA, July 17th, 2024, Chainwire

Web3 gaming infrastructure company, Stardust, today proudly introduces Starbase, a platform that combines the allure of consumer rewards with the excitement and inclusivity of social gaming. 

Starting today, gamers worldwide can enjoy Starbase’s dynamic universe of missions and challenges. In fact, players can immerse themselves in 25 different missions, with new partnerships and missions released weekly. 

The missions and challenges within Starbase are designed to help users earn Gems while playing some of the biggest games in web3 like Nifty Island, Cambria, Shrapnel, BloodLoop, and Habbo Hotel. Gems are a key component of Starbase’s larger rewards program, offering players incentives for their participation. 

Tony Valcarcel , Head of Marketing, at Shrapnel , says, “Shrapnel is excited to expand our relationship with Stardust and Starnet by integrating with their latest player engagement and acquisition tool, Starbase. Shrapnel Operators can earn bonus rewards when completing missions on Starbase. Starnet’s vision is a key building block in bringing the next billion players to web3 games and Shrapnel is excited to be part of this mission."

Industry Outlook 

With an estimated $100 billion to be spent on user acquisition by 2027, gaming is one of the fastest-growing entertainment industries in the world. This massive market demands innovative solutions, and Starnet, the decentralized network that powers Stardust UA and Starbase, addresses this need by returning the value generated by ad networks like Facebook Ads and AppLovin back to the app developers.

Ben , Founder of Cambria says, "We love what Starbase is doing - they have an incredibly slick and fun platform with a great reward structure for PLAYING GAMES! Starnet's vision is perfectly timed; traditional user acquisition is ripe for disruption, and Cambria is thrilled to contribute to this mission."

Innovation in web3 is offering new opportunities in player engagement and community building. Starbase is the next piece of the Starnet vision for web3 gaming. 

Canaan Linder, CEO and Founder of Stardust offers his insights:  “Starbase is the first piece of the Starnet vision, building an ecosystem of products to supercharge web3 gaming. With Starnet, we’re on a mission to accelerate gaming through a programmatic decentralized user acquisition protocol. Starbase is a standalone missions platform that rewards players for playing Starnet-partnered games - and is Starnet’s first step to usher in a billion players to web3.”

About Stardust

Stardust is a decentralized B2B SaaS platform within the Starnet ecosystem, designed to streamline and accelerate the web3 go-to market strategy for game developers. Stardust’s flagship products, Wallet as a Service (WaaS), and User Acquisition (UA) helps developers scale their games while maintaining regulatory compliance. 

Stardust has been trusted by industry leaders and is committed to making game developers successful in the web3 space since 2018. For more information, visit Starnet’s discord channel and X.

Disclaimer. This is a paid press release.

Washington, United States, July 17th, 2024, Chainwire

Ripmex Announces PreSale of Commission-Free RPX Tokens - The Native Token of Its Currency Exchange Market

Ripmex is excited to announce the presale of its innovative real-time gross settlement token, RPX. Designed to transform global currency exchange, RPX facilitates secure, low-cost transactions for banks, payment providers, digital asset exchanges, and businesses. By eliminating commission fees, RPX enhances potential profitability and provides seamless, instant transfers across various networks. The presale offers a unique opportunity for early investors to engage with Ripmex's cutting-edge technology and be part of a revolutionary financial ecosystem.

What is Ripmex?

Ripmex aims to enable banks, payment providers, digital asset exchanges, and companies to send money and value globally, securely, and with low transaction fees. Utilizing advanced blockchain technology, Ripmex offers a commission-free currency exchange network that allows users to exchange, buy, and sell funds without incurring fees.

Key Features of RPX

Commission-Free Transactions

RPX operates entirely commission-free, allowing investors worldwide to save money and increase their potential profit margins. Whether trading on centralized exchanges (CEX) or decentralized exchanges (DEX), RPX ensures users pay zero commission fees.

Real-Time Gross Settlement

In the crypto industry, RPX will be known as a real-time gross settlement token. This designation underscores its capability to facilitate instantaneous transactions across different networks, providing unmatched efficiency and security in currency exchange.

Staking and Blockchain Development

RPX represents a comprehensive ecosystem. With plans to establish its own blockchain, RPX offers staking opportunities, allowing users to earn rewards while supporting the network’s security and operations.

Advanced AI Technology

Ripmex is also at the forefront of integrating artificial intelligence (AI) to enhance user experience and investment strategies. The upcoming RPX application, powered by AI, will: 

Determine Optimal Trading Points: The AI technology will analyze market conditions to provide users with opportunities for buy and sell points for cryptocurrencies.

Assess Presale Projects: The app will evaluate new token projects, distinguishing reliable investments from potential risks, thereby helping users make informed decisions.

Provide Real-Time Insights: With comprehensive data analytics, users can evaluate presale opportunities based on key metrics such as project stage, funding targets, and token economics.

PreSale Details

The RPX presale is now live, offering an opportunity for early investors to acquire tokens at a favorable rate. By participating in the presale, investors can leverage the innovative features of RPX, gain early access to the platform’s benefits, and contribute to the development of a revolutionary financial ecosystem.

Ripmex is set to redefine currency exchange and trading with its innovative RPX token, offering zero commission fees and advanced AI-driven tools.

About Ripmex

RPX technology allows users to trade on CEX and DEX exchanges without paying commission. RPX has an infrastructure where companies and individuals can save money in their commercial lives.

In quick buy and sell transactions, users can convert RPX tokens into cash without paying commission or obtain RPX without paying commission. The RPX chain token, built on agreements with CEX and DEX exchanges, can be used worldwide. Aiming to establish its own blockchain, RPX can be staked.

In the Blockchain technology era, RPX provides convenience to investors with launch panels. RPX has signed a new era in Blockchain with its expert team and various encrypted parameters in the field of Blockchain technology.

For more information and to participate in the presale, users can visit:

Presale: https://sale.ripmex.com

Website: https://ripmex.com

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

Telegram: https://t.me/Ripmex

Disclaimer. This is a paid press release.

Tokyo, Japan, July 17th, 2024, Chainwire

Blockchain-focused investment firm Hashed and Japanese venture capital firm B Dash Ventures have announced the lineup of sponsors and key speakers for the Blockchain Leaders Summit Tokyo 2024. The invitation-only conference for blockchain leaders across Japan, Korea, and the globe is jointly organized by Hashed and B Dash Ventures, and is scheduled for July 24th, 2024.

A total of 11 sponsors are supporting the debut summit, with title sponsors including Startale Labs, the core developer of Astar Network and a Web3 technology company specializing in multi-chain applications and infrastructure; Crooz Blockchain Lab, a blockchain gaming company and a subsidiary of CROOZ, a Japan-based company engaged in the provision of Internet-based services; LINE's web3 subsidiary LINE NEXT and the upcoming mainnet Kaia, created through the merger of the mainnet Finschia developed by LINE NEXT and the mainnet Klaytn developed by Kakao.

Platinum sponsors include Aptos Labs, a Layer 1 blockchain using the MOVE language; Avalanche, building decentralized application-specific blockchain networks (DApps); SBI VC Trade, a virtual asset exchange of SBI Group; and CERES, which operates "Moppy," one of the largest point websites in Japan, and through its consolidated subsidiary Mercury, runs the cryptocurrency exchange "CoinTrade." Gold-level sponsors Monad, an Ethereum-compatible Layer 1 project; Berachain, Ethereum-identical Layer 1 project using Proof of Liquidity Consensus; Sui, a blockchain network using the MOVE language; and DeFimans, a Japan-based web3 consulting firm operating Messari Japan.

Key speakers to attend include Seung Yoon “SY” Lee, CEO and Co-founder at Story Protocol; Sungmin Kim, CEO at HYBE Binary; Can Sun, Co-Founder at Backpack Exchange; Guy Young, Founder & CEO at Ethena Labs; Joseph Baek, Co-founder at Modhaus; Masaaki Taira, Member of the Japanese House of Representatives; Hamasaki Kosuke, Executive Officer at Sanrio; Ueno Ryotaro, Chief Manager Digital Contents Division at TOEI Animation; Leona Hioki, Co-founder at INTMAX; and Noritaka Okabe, CEO at JPYC.

Hashed and B Dash Ventures aim to use the summit platform to highlight ventures using blockchain technology across various sectors including infrastructure, finance, gaming, entertainment, and regulation. The event will offer lectures and sessions for participants to discuss the latest trends, explore collaboration opportunities through networking with key figures both globally and in Japan, and promote the development of the Japanese blockchain ecosystem while building global networks.

Hashed CEO Simon Seojoon Kim stated, "This will be an opportunity for influential leaders in the global Web3 ecosystem and key companies from various industries in Japan to explore practical collaborations."

"We look forward to advancing new blockchain-based opportunities beyond Japan through this event, with support from leading Japan-based and international sponsors, and all of our participants.” said Ryuichi Nishida, Director of B Dash Ventures

Event Overview

Blockchain Leaders Summit 2024 Tokyo Co-hosts: B Dash Venture Inc., Hashed, Inc. Date: July 24, 2024 Agenda: Keynote speeches, panel discussions, and networking events featuring key figures in the blockchain industry. Participation: By invitation from the co-hosts

Event URL: https://blockchainleaders.world/

About Hashed

Hashed, a team of blockchain experts and builders based in multiple global locations, invests in and supports the development of decentralized and blockchain technologies. By participating as core technical contributors, Hashed accelerates the mass adoption of blockchain, transforming the global economy and the internet's fabric.

About B Dash Ventures

B Dash Ventures, headquartered in Tokyo, is a venture capital firm focused on fostering the emergence of influential internet companies that will lead the next generation. It invests widely in startups from seed and early to later stages, both domestically and internationally. Since its establishment, it has organized and managed "B Dash Camp," Japan's largest invitation-only technology-related event, attracting entrepreneurs, key figures from major corporations, and influential investors from the internet industry.

Disclaimer. This is a paid press release.

Singapore, Singapore, July 17th, 2024, Chainwire

Venom Foundation is pleased to announce the listing of its native token, $VENOM, on Deepcoin Spot and Perpetual Futures markets. This development marks the next step in Venom’s global expansion strategy, particularly with Deepcoin’s strong presence in Asia.

Key Highlights

Deepcoin’s Market Position

Deepcoin is ranked among the Top 10 derivatives exchanges by CoinGecko. The exchange supports over 10 million users globally and records a daily trading volume of approximately $10 billion, encompassing both spot and derivatives markets.

Strategic Importance

The listing represents another step in Venom Foundation’s strategic plan to expand its global footprint and enhance its market presence. By securing a spot on Deepcoin, Venom is not only increasing its accessibility but also strategically positioning itself within a leading exchange renowned for its strong presence in the Asian market.

Continued Growth

This marks Venom's third listing in recent weeks, showcasing growing global adoption and increasing interest from centralized exchanges. With these recent listings, Venom is now accessible to an additional 40 million more users worldwide. This increased visibility and accessibility are important milestones for Venom, contributing to broader awareness and further establishing Venom’s presence in the global market.

Leadership Perspectives

"Listing on Deepcoin is a strategic advancement in our global expansion efforts," stated Christopher Louis Tsu, CEO of Venom Foundation. "Securing approval for Perpetual Futures trading on Deepcoin reflects our commitment to offering a diversified trading experience for users, enhancing awareness and providing additional opportunities for our expanding community."

Deepcoin’s Statement

“We warmly welcome Venom getting listed on Deepcoin and look forward to seeing our users benefit from this new opportunity,” said Ego Huang, Founder and CEO of Deepcoin, “The listing of Venom aligns perfectly with our mission to provide our users with access to the most innovative and promising crypto assets in the market. Venom's unique features and strong community support make it a valuable asset for our platform. At Deepcoin, we will continuously expand our offerings and enhance the trading experience for our global user base.”

About Venom Foundation

Venom is a cutting-edge layer-0 and layer-1 network, seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms.

For more information, users can visit https://venom.foundation

Disclaimer. This is a paid press release.

Zurich, Switzerland, July 17th, 2024, Chainwire

Qubic, an AI blockchain ecosystem, is announcing its token listing on MEXC as part of the unveiling of its ambitious 2024 roadmap. Qubic deposits will open on July 16, 2024, at 12:00 UTC, with trading commencing on July 17, 2024, at 14:00 UTC, followed by the opening of withdrawals the following day. 

The listing marks a milestone in Qubic's mission to make artificial intelligence accessible to all, with a commitment to innovation, community engagement, and sustainable growth. Released in tandem with the listing, Qubic's 2024 roadmap further demonstrates its dedication to developing the ecosystem, advancing AI research, and ensuring the financial health and long-term success of the project. 

"We are excited to partner with MEXC for our token listing, providing our community with greater access and visibility on a global scale," said Eric Fung, APAC Growth Lead at Qubic. "This listing is a crucial step in expanding our ecosystem and driving adoption."

Focused on expanding the developer ecosystem, the roadmap outlines comprehensive SDKs, detailed information, regular developer workshops, and dedicated technical support to assist developers in building on Qubic. Additionally, grant and incubator programs provide financial resources and mentorship for startups and projects contributing to Qubic’s ecosystem. Qubic aims to enhance overall visibility and accessibility by listing on Tier 1 exchanges with various business, institutional, and university partnerships expanding adoption.

The roadmap details initiatives to drive user and investor communities through focused events, ambassador programs, and global scaling. Improved technical documentation and starter kits, as well as the launch of iOS, Android, Windows, and macOS wallets, will also be rolled out. Qubic will integrate with both EVM and non-EVM wallets, including Hashwallet, Heat, Metamask, and Tangem.

Another critical component of the roadmap shows that Qubic is advancing AI research and development, with a goal to enhance network performance to reach a stable tick time of 1-2 seconds through a novel computer reward system that incentivizes advanced hardware utilization. Audits for critical code and infrastructure ensure a secure network, while Qubic light nodes run on Linux for expanded adoption. The introduction of the Qubic core event emitter enables tracking of all on-chain events, with capabilities being added through oracle machines. 

Qubic is breaking down more barriers and gaining further recognition as it is now correctly listed on platforms such as CoinMarketCap, setting it up on the global stage. Qubic’s ecosystem representatives—Alberto Fernandez in Europe, Eric Fung in Asia and Aleix Ordeig in Latin America—are showcasing its innovative technology at major crypto and AI conferences, participating as speakers and panelists. They are growing Qubic’s userbase one conference, one podcast, one investor gathering, and one region at a time, while expanding partnerships with different builders. With every step it takes, the team is committed to providing transparency, ensuring the Qubic community understands and is involved in the journey.

Qubic will continue to break new ground and achieve even greater heights. Together the team, with the support of its strong community, is driving forward with positive energy and a shared vision for a decentralized, intelligent future.

About Qubic:

Founded by Sergey Ivancheglo, the creator behind IOTA and NXT, Qubic is a community-driven, open source project that employs an innovative useful-Proof-of-Work crypto platform. The community is altering the world of cryptocurrency with its quorum-based computer (QBC) system.

Website | Discord | X | Telegram | GitHub | YouTube 

Disclaimer. This is a paid press release.

Singapore, Singapore, July 17th, 2024, Chainwire

BinaryX, a leading developer and publisher for Web3 games, today announced a community vote to reduce the total supply of its BNX token. This initiative aims to increase the token's scarcity and long-term value for the benefit of the BinaryX community.

Proposed Reduction of BNX Token Supply Cap

BinaryX invites all community members to participate in a crucial vote to determine the future trajectory of the project. The proposal seeks to reduce the maximum supply of BNX tokens by 1.62 billion, bringing the new cap down to 580 million. The current game output will remain unchanged, with future rewards after reaching the supply cap distributed as community incentives from the team's share.

BNX to Enter New Deflationary Model 

According to the team, the primary purpose of this vote is to decrease the potential market supply of BNX tokens by eliminating unminted ones. The action is expected to enhance the token's utility through a greatly reduced token supply, consequently allowing BNX to enter a new deflationary model for holders.

Voting Details And Participation

The official voting period will be announced by the BinaryX team via their official media and community channels. To participate, BNX holders will need to visit the voting page from the official voting period, and connect their wallets to cast their vote.

BinaryX’s Commitment to Transparency

“BinaryX prioritizes transparency throughout the voting process and will disclose the results upon completion,” says Julio, Head of Growth at BinaryX. “The team is committed to fostering a fair, transparent, and sustainable project for the long term.” 

The team emphasized the importance of community participation, highlighting that every vote counts, and will directly influence the direction of the project.

About BinaryX

BinaryX is a leading Web3 gaming platform dedicated to creating immersive and engaging gaming experiences like Ai Hero and Pancake Mayor.

Built on the BNB Chain, BinaryX leverages the latest technologies like blockchain and AI to provide players with unique opportunities to own in-game assets, participate in decision-making processes, and experience the true potential of Web3 gaming.

For more details and information about BinaryX, users can visit www.binaryx.pro  

Users can also find more about BinaryX on social media: BinaryX | Twitter | Discord | Telegram | YouTube | Medium

Disclaimer. This is a paid press release.

New York, United States, July 16th, 2024, Chainwire

GPU cloud network io.net has announced a partnership with modular AI platform Theoriq io.net. The collaboration will enable AI builders to access decentralized infrastructure using Theoriq’s protocol.

The strategic partnership will leverage io.net's GPU network to enhance the performance and scalability of Theoriq blockchain applications. By integrating Theoriq's modular protocol of autonomous agents with io.net's scalable GPU clusters, blockchain-based AI functionality will be significantly enhanced.

Theoriq will harness io.net's ability to aggregate GPUs from multiple sources to create a vast pool of computational resources. As a result, Theoriq's AI developer community will be able to seamlessly access these powerful GPU resources directly within their development environment. 

The collaboration between Theoriq and io.net will yield a number of benefits for blockchain developers. These include greater cost efficiency through accessing computational power significantly cheaper than traditional cloud services. Developers will also be able to swiftly scale computational resources to meet the needs of large-scale AI models.

Theoriq CEO Ron Bodkin said: "We are excited to partner with io.net to provide high-quality GPU compute to power AI agents that run on our protocol. io.netʼs decentralized compute infrastructure will help us further grow the community of AI developers and bring our vision of fully decentralized and community-governed AI to life.”

Because io.net's computational resources are distributed globally, builders in Theoriq’s community can process machine learning tasks closer to data sources. This proximity significantly reduces latency, which is crucial for AI use cases requiring real-time processing. Developers can select from a variety of GPU options and configure clusters according to specific requirements of different AI tasks, from training deep learning models to running complex simulations.

io.net’s compute infrastructure will power the AI Agent Collective developed by VictoryChain and Fan Controlled Sports Entertainment (FCSE) on Theoriq’s protocol. By providing insights into the community sentiment, the FCSE Agent Collective will enable users to make data-driven decisions and call their plays strategically.

Combining a fully decentralized compute network with Theoriq’s decentralized AI Agent protocol will enhance the FCSE fan experience by leveraging communities and conversations through sophisticated sentiment and data analysis. Fans will benefit from the wisdom of the crowd and gain deeper insights into FCSE games, ensuring fans are more informed and engaged than ever. 

About io.net

io.net is a decentralized physical infrastructure network (DePIN) that deploys and manages on-demand, decentralized GPU clusters from geo-distributed sources. Hundreds of thousands of GPUs are accessible today in IO Network, and this Internet of GPUs is specifically architected for low latency, high processing demand use cases like AI/ML ops and cloud gaming. io.net democratizes access to GPU compute capacity while reducing costs, expediting lead times, and expanding choice for engineers and businesses. Access compute capacity for a fraction of the cost or become a capacity supplier at https://www.io.net.

Website | Documentation | Twitter | Discord | Telegram | LinkedIn

About Theoriq

Theoriq is a platform for limitless AI innovation built on the principles of composability, extensibility, and community-driven governance. The principles of transparency and adaptability are central to its ethos. Theoriq does not presume which branch of the evolutionary tree leads to the most beneficial AI; rather, it strives to nurture the evolution itself.

Learn more: https://www.theoriq.ai/

Disclaimer. This is a paid press release.

Majuro, Marshall Islands, July 16th, 2024, Chainwire

Multipool, a leading innovator in the blockchain and cryptocurrency industry announces strategic partnership with Tokinvest with the goal of transforming tokenized real-world asset trading. This partnership aims to take real-world asset (RWA) trading to the next level with an end-to-end dual market solution for RWA token offerings, secondary market trading, and liquidity provision.

The partnership between Multipool and Tokinvest represents a key advancement in the tokenized RWA ecosystem. Our collaboration will harness RWA tokenization and trading to enhance financial inclusion, transparency, and liquidity for investors.

Working with the best

Together, Multipool and Tokinvest will centralize liquidity pools using decentralized technology, reducing market-making costs. Additionally, the goal is to create global portability for RWAs, enabling listings on the Tokinvest centralized marketplace and regulated platforms worldwide through the decentralized Multipool protocol.

“We’re thrilled to be collaborating with the RWA industry powerhouse Tokinvest, the first RWA exchange to leverage the groundbreaking decentralized capabilities of the Multipool protocol. Multipool centralizes currently dispersed liquidity with the potential of a globally shared order book, making it the ideal platform for Tokinvest to thrive.” - Steve Murray, Core Contributor at Multipool.

"We are excited to partner with Multipool to develop a robust dual-market solution for real-world assets. By integrating our centralized trading platform with Multipool's decentralized infrastructure, we can offer enhanced liquidity for the secondary market trading of tokenized real-world assets." - Scott Thiel, CEO of Tokinvest.

Looking forward

Secondary trading for tokenized real-world assets requires a new approach. Acting as an infrastructure partner, Multipool's groundbreaking protocol opens the path for accelerated growth of this trillion-dollar market. Multipool’s fully on-chain order book and matching engine permit shared liquidity across trading venues. For a full demonstration of how the Multipool protocol works, users can contact Multipool’s press department listed below. 

To learn more about Multipool and its features, users can visit:

Website - www.multipool.finance

Telegram - t.me/multipoolfi

X - https://x.com/multipoolfi

CMC-Community - https://coinmarketcap.com/community/profile/multipool/

About Multipool

Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal.

https://www.multipool.finance/

About Tokinvest

Tokinvest is a pioneering marketplace that connects real-world asset issuers with investors globally. Our advanced platform simplifies the investment process by creating virtual tokens representing rights to assets and providing comprehensive lifecycle services from ideation to trading to asset servicing. Headquartered in Dubai, we leverage the region’s favourable regulatory environment to offer all investors access to the most desirable assets.

https://tokinvest.capital/ 

Disclaimer. This is a paid press release.

New York City, New York, July 16th, 2024, Chainwire

PlayFi, an AI-powered data network and blockchain tailored for the live streaming industry, is excited to announce its groundbreaking first live content predictive market competition for the Esports World Cup in Saudi Arabia. The competition is completely powered by PlayFI AI processors and backed by the data of its AI agents enabling users to mint NFTs, predict Esport World Cup CounterStrike tournament outcomes, and earn significant rewards.

"We’ve told you what PlayFi can do. Now it’s time to see it in action," said Ben Beath, founder of PlayFi. "This initiative marks a significant milestone in our mission to transform the way we interact with live content and streaming.The PlayFi AI will analyze and predict the outcomes of live events in real-time, opening the door for interactive experiences and innovative prediction markets across the entire live streaming landscape. Join us and be early to the AI revolution."

Here’s how participants can join:

Mint an NFT: Mint an NFT through the MetaverseHQ campaign on www.playfi.ai/esports.

Official Entry: The first NFT minted will be considered the official entry.

Bonus Points: Mint as many NFTs as desired. Bonus airdrop points are available for minting all of them.

Claiming Points: Points can be claimed on the airdrop platform.

Updates and information are available on PlayFi's social channels and the PlayFi esports page.

By participating, players are not only minting a special edition PlayFi Esports NFT and earning outsized airdrop points but are also taking part in the very first live content predictive market powered by PlayFi. PlayFi’s powerful AI agents will be monitoring every second of the CounterStrike tournaments, collecting data in real time, and sending it to the blockchain to identify the eligible winners.

Live content. Real-time data. Instant on-chain rewards. The future of content starts now!

The PlayFi team is led by a six-time startup founder alongside builders who have impressive experience at Activision Blizzard, BumbleBear Games (developer of the popular arcade game Killer Queen), Meta, BattleFly Game, and more. 

Users can follow PlayFi on X or visit PlayFi.ai to join the PlayFi Airdrop Platform and for continued updates.

About PlayFi

PlayFi is redefining gaming by integrating blockchain technology to enhance gameplay and community engagement. Through its cutting-edge PlayChain technology and AI-powered PlayBase network, PlayFi ensures a fast, secure, and scalable zkEVM blockchain solution, as well as optimal data processing and analysis tailored for the gaming industry. With a commitment to enhancing the gaming experience with web3, PlayFi is empowering developers, players, and studios across the globe to push the boundaries of innovation in an ever-evolving digital landscape and setting new standards in how games are played, developed, and monetized. For more information, users can visit playfi.ai.

Disclaimer. This is a paid press release.

Zug, Switzerland, July 16th, 2024, Chainwire

Backed, a pioneer in real-world asset tokenization, has unveiled a new range of tokenized equities backed one-to-one by stocks of some of the world’s largest companies.

Backed’s latest tokenized equities are bMSFT (Microsoft), bGME (GameStop), bMSTR (MicroStrategy), bTSLA (Tesla), and bGOOGL (Alphabet Class A, Google). They enable eligible non-US investors to gain exposure to S&P 500 companies while keeping their assets on-chain and self-custodied.

The new tokenized equities issued by Backed join existing products such as Backed CSPX Core S&P 500 (bCSPX), Backed Coinbase Global (bCOIN), and Backed NVIDIA (bNVDA). They provide a way for accredited investors to capture the upside of the stocks while maintaining the convenience of being able to trade them 24/7 on blockchain infrastructure.

Through its tokenization of traditional assets, Backed is democratizing access to financial markets while advancing blockchain innovation. All of its tokenized stocks are fully backed by the corresponding stock, allowing investors to trade them on-chain with confidence. The ability to trade traditional financial assets on blockchain rails makes it easier for traders to access a broad spectrum of investable assets, preventing the need to off-ramp funds. In addition to attracting traditional investors, Backed’s tokenized stocks are designed for crypto organizations seeking a way to diversify while keeping their assets on-chain.

With the launch of these five tokenized equities, Backed is accelerating a profound shift in how the world interacts with traditional assets. By seamlessly merging the stability and familiarity of established companies with the cutting-edge capabilities of blockchain technology, Backed is empowering a new generation of investors. This is more than just access; it's a transformation that opens doors to unprecedented liquidity, flexibility, and the boundless potential of decentralized finance. Backed envisions a future where the barriers between traditional and digital economies dissolve, fostering a truly global, interconnected financial ecosystem.

“We are thrilled to expand our range of tokenized equities, making top-tier stocks accessible to a wider audience of investors," said Bernardo Quintao, Head of Business Development at Backed. "Our latest additions, including bMSFT, bGME, bMSTR, bTSLA, and bGOOGL, represent our commitment to bridging traditional finance with the innovative world of blockchain. This is a major step towards democratizing financial markets and empowering investors with greater flexibility and control over their assets.”

In addition to equities, Backed offers tokenized corporate and government bonds including T-bills. Backed’s bIB01 token was recently chosen to have a portion of the Arbitrum DAO’s treasury diversified into it. The introduction of five new tokenized stocks gives Backed users the ability to build a diversified on-chain portfolio with blockchain ledgers conveying legal ownership, enabling composability, interoperability, and self-custody. 

Backed’s tokenized equities are designed for use within decentralized finance, where they can be utilized as collateral for loans and for money markets including stablecoins. The introduction of five new tokenized stocks in the form of bMSFT, bGME, bMSTR, bTSLA, and bGOOGL will increase the opportunities available to developers and builders who can create powerful new products anchored by these strong digital assets. 

About Backed

Backed brings real-world assets on-chain. Backed issues permissionless tokens that track the value of real-world assets and are fully collateralized by them, such as stocks or ETFs. Tokens are issued under an approved EU prospectus. Backed offers tokenization services to institutional clients, bridging the gap between TradFi and DeFi.

Website: https://backed.fi/

LinkedIn: https://www.linkedin.com/company/backed-finance/ 

X / Twitter: https://twitter.com/backedfi

Not for the distribution to any U.S. Person or any person or address in the United States.

Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction.

For a full list of prohibited and restricted countries and to review legal documentation, please visit https://www.assets.backed.fi/legal-documentation

DISCLAIMERS

bCSPX is a product by Backed Assets (JE). Neither S&P Global and any of its affiliates ("S&P"), nor BlackRock Inc, BlackRock Fund Advisors, and any of its affiliates ("BlackRock") are responsible for bCSPX. Backed has a limited license from S&P to use its trademark for its bCSPX product. For more information refer to the Backed Assets website.

The Backed Assets (JE) bIB01 (ticker symbol: bIB01) is a tracker certificate issued as an ERC-20 token, which tracks the price of the iShares $ Treasury Bond 0-1yr UCITS ETF.

Backed Finance AG and its subsidiary Backed Assets (JE) Limited are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors, and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way for bIB01 products.

Disclaimer. This is a paid press release.

Stockholm, Sweden, July 16th, 2024, Chainwire

Chromia, the Layer-1 relational blockchain platform, has launched its MVP Mainnet, marking a significant milestone for the decentralized application platform. The launch introduces the native CHR token and establishes the foundation of the Chromia network, setting the stage for ecosystem growth.

The MVP Mainnet launch is a pivotal moment for Chromia, enabling the migration of ERC-20 and BEP-20 CHR tokens to the network. The launch also establishes essential functions including payment of network hosting fees and provider payouts, managed on Chromia’s infrastructure. 

Henrik Hjelte, Chromia’s co-founder, expressed his enthusiasm: “Our journey began twelve years ago with Colored Coins, the world’s first token protocol. After years of development, we are thrilled to see the concept of relational blockchain become a reality. The MVP Mainnet represents a significant step forward in realizing our vision.”

Chromia’s relational blockchain approach redefines how data is structured and managed on-chain, making complex searches and calculations more efficient. This innovation eliminates the need for third-party indexing services and data availability layers, improving the overall efficiency and usability.

In addition, Chromia offers a fresh take on blockchain economics. Developers can lease resource containers and design revenue streams within their dapps, allowing users to enjoy a ‘gas-free’ user experience. This streamlined approach reduces friction for end users and introduces new Web3 business models.

Alex Mizrahi, co-founder of Chromia, highlighted the impact of this launch: “Chromia combines blockchain architecture with ideas from cloud computing and database theory to provide a full spectrum of tools needed to deliver an amazing end-user experience. This launch sets the stage for the future growth and development of our network, and I’m excited to see what developers can create with our technology.”

With the MVP Mainnet live, Chromia is set to see a gradual increase in network activity as ecosystem projects deploy dapps. The network will be dynamically expanded with more dapp clusters as demand increases, providing a scalable and flexible infrastructure for future growth.

Chromia’s ecosystem includes notable gaming projects such as My Neighbor Alice and DAR Open Network, as well as emerging projects like Chain of Alliance and Cloudborn. Beyond gaming, the ecosystem extends to other areas, including Fanzeal, a digital collectibles solution for sports, and a number of other third-party projects that include NFT marketplaces and DeFi protocols. 

The upcoming developments for Chromia involve the implementation of Native Staking and Delegation by the end of Q3, improvements to the bridge infrastructure, and further core upgrades. These initiatives aim to enhance the functionality and performance of the platform, supporting its continued growth and adoption within Web3.

About Chromia

Chromia is a Layer-1 relational blockchain platform that uses a modular framework to empower users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing how information is structured on the blockchain, Chromia provides natively queryable data indexed in real-time, challenging the status quo to deliver innovations that will streamline the end-user experience and facilitate new Web3 business models.

Disclaimer. This is a paid press release.

Zug, Switzerland, July 16th, 2024, Chainwire

Ahead of its planned Token Generation Event (TGE), Supra, the fully vertically integrated L1 blockchain equipped with Multi-VM support, in-protocol oracles, VRF, bridges, and automation features, has revealed it successfully verified and qualified over 500,000 users for one of the fairest airdrops in the history of crypto. 

By conducting KYC checks and qualifying more than 500,000 verified human users, Supra’s ‘Countdown to Blast Off’ learn-and-earn airdrop campaign succeeded in overcoming the challenge of bot plagues that have caused major controversy in dozens of high-profile airdrops in recent months. While most crypto projects conventionally attempt to deal with the challenge of farming bots in retrospect, Supra’s decision to introduce a KYC filter provided by Onfido.com helped prevent any major issues right from the get-go. 

By verifying liveness and proof of personhood of each user across more than 190 countries, Supra ensured its Blast Off campaign was quite possibly the fairest airdrop ever seen in crypto. It guaranteed that no bots or sybil accounts were able to hijack the process, and meant that all 500,000+ participants are unique, KYC-verified humans eager to be part of its already vibrant community.

World Record TGE and $100m Ecosystem Fund

As Supra approaches TGE and the initiation of its high performance, vertically integrated Layer-1 blockchain, CEO Joshua Tobkin believes it is likely provable that the figure of 512,332 verified users is a world record for any L1 launch ever.

“To recruit so many users and have them commit to the KYC process is a significant achievement for us. I’m not sure the industry has ever seen such a large number of KYC’d human users become token holders from day 1 of a new blockchain, and we’re really proud of the support the crypto community has shown us,” Tobkin said.

In the coming months Supra plans to distribute its native $SUPRA token to their more than half a million “Countdown to Blast Off” campaign users, as well as to those who participated in their Public Token Sale back in October 2023. These participants will soon be onboarded to the Supra Layer-1 blockchain, and Supra is honored to welcome them as the founding members of its core community. 

“We’re incredibly excited about distributing the $SUPRA token to over half a million real humans across the world in 190+ countries at our coming launch. Implementing KYC wasn’t easy, it came with its own unique challenges, but it was crucial to protect our community from bots and farmers. Even with liveness and proofs of personhood checks in place, our Project Blast Off has amassed one of the largest user bases in Web3, and soon they’ll all be onboarded to our L1 blockchain,” said CEO Tobkin.

In preparation for TGE, Supra recently launched the “Super dApp Showdown”, which offers a $100 million ecosystem fund for builders considering the best platform to launch their dApps, but beyond that, also gives these builders the opportunity to launch to the 512,000 verified and active users - a launchpad unique in the crypto landscape.

The Supra blockchain offers a full vertical integration of core services, including their industry-leading price feeds, verifiable randomness generator, automation and bridges into a single, high-performance Layer-1. Designed to reduce friction around onboarding and Web3 user experience, Supra’s L1 is powered by the groundbreaking Moonshot consensus mechanism, which brings blazing-fast performance and robust security guarantees to its network. In its advanced global testing phase, Supra demonstrated Moonshot's ability to process 530k transactions per second throughput across 125 nodes globally distributed, with 500-millisecond optimistic finality and ~1.5 – 2 secs full finality, placing it head and shoulders above many other competing consensus mechanisms. 

The team is currently in the concluding stages of its TGE, and will announce official details in the coming weeks.

About Supra

Supra is an all-new blockchain that vertically integrates oracles, bridges, automation and randomness into a powerful Layer-1 with MultiVM compatibility. It's designed to give developers all the tools they need to build on one chain, enabling a new breed of Super dApps.

Supra is also a leading provider of oracle price feeds and verifiable randomness across 80+ blockchains with Layer-1 security guarantees. They focus on solving real problems for dApp developers and scaling Web3, supported by a developer toolkit with extensive guides and technical whitepapers.

Disclaimer. This is a paid press release.

Singapore, Singapore, July 16th, 2024, Chainwire

PEXX, a pioneering fintech startup specialising in cryptocurrency and blockchain technology, today announced the successful closure of a $4.5 million seed funding. This significant investment will propel the development of the company's innovative stablecoin-to-fiat payment platform, set to revolutionise the way people transfer currencies across borders.

The funding included 1 round led by TNB Aura, with participation from global early-stage VC Antler, plus further strategic investment from EMO Capital, early backers of Filecoin and other notable VC and crypto investors highlighting strong investor confidence in PEXX's vision and potential. 

PEXX's payment platform allows users holding stablecoins from Tether (USDT) and Circle (USDC) to transfer their assets directly to a bank account globally. This platform will enable individuals and businesses to transfer value across borders with ease, without the need for intermediaries or bank accounts.

"We're thrilled to have secured this significant funding, which will enable us to further develop our stablecoin-to-fiat payment platform," said Marcus Lim, CEO and founder of PEXX. "The growth for stablecoins is exponential and we expect to see the demand from users who want to convert their USDT and USDC directly to a bank account to grow accordingly as stablecoins become more ubiquitous over the coming years."

The funding will be used to bolster the company's engineering and product teams, as well as to expand its marketing and business development efforts, starting in Southeast Asia. 

In addition to funding, EMO Capital, a research-driven investment player, will look to support PEXX in its Web3 marketing, branding, and strategic partnership efforts and play a pivotal role in its business expansion, scaling , and user acquisition. 

Angelina Tu, co-founder at EMO Capital said, "While many are building to bring traditional Internet users into the Web3 world, PEXX is building a compliant, respected, and protected bridge between the Web3 world and the real world, giving everyone a swift and easy access to converting their digital assets into their everyday purchases. This is what everyone in the Web3 world needs and where PEXX finds EMO's staunch support."

Vicknesh R, Partner at TNB Aura said, "PEXX addresses a critical need in the B2B cross-border Web3 payments space. With Marcus at the helm, we are excited to support their journey in transforming the financial landscape," said Vicknesh R Pillay, Founding Partner of TNB Aura.

"We are excited to back PEXX as they build a transformative platform that bridges the gap between stablecoins and traditional banking. Their approach to simplifying cross-border payments align perfectly with our vision of fostering innovative fintech solutions," said Jussi Salovaara, Co-founder and Managing Partner at Antler.

The AUSTRAC registration, obtained in May 2024, ensures that PEXX adheres to the regulatory standards, allowing PEXX to operate as an independent remittance dealer and digital currency exchange provider. This achievement underscores PEXX's commitment to stringent compliance, robust security measures, and fostering customer trust.

PEXX offers a seamless solution for users and businesses to convert stablecoins (USDT and USDC), into 16 different fiat currencies. PEXX enables direct transfers into bank accounts, streamlining the crypto-to-fiat conversion process and allows users to send money to bank accounts in minutes instead of days with traditional banking solutions. To date, the platform has transacted close to US$3,000,000 and onboarded customers and businesses ranging from Web3 companies, exchanges and media companies

About PEXX

PEXX is a pioneering stablecoin cross-border payment platform that simplifies global money transfers. By offering secure, fast, and cost-effective solutions, PEXX enables users and businesses to off-ramp stablecoins like USDT and USDC to fiat in 16 currencies directly into bank accounts. PEXX's innovative platform bridges the gap between traditional finance and the world of cryptocurrencies, making global money transfers seamless and efficient.

Users can reach out to PEXX's community managers for help: https://t.me/PEXXOfficial 

Disclaimer. This is a paid press release.

Dubai, UAE, July 16th, 2024, Chainwire

Satoshi Protocol, the first stablecoin protocol backed by Bitcoin, has raised $2 million in its seed round. The funding round was led by CMS Holdings and RockTree Capital, with participation from Cypher Capital, a multi-strategy crypto investment firm, Metalpha, Optic Capital, Side Door Ventures, Outliers Fund, and notable angel investors.

Satoshi Protocol will utilize the seed funding to strengthen its security measures, expand integrations across multiple Layer 2 solutions, and increase its global presence. The protocol has garnered notable traction, with numerous integrations across platforms within the Bitcoin ecosystem, including BOB, Bitlayer, BEVM, Core Chain, Botanix, B^2, Alys/Anduro (Marathon Holding), and Omni Network. It recently collaborated with Binance Web3 Wallet Campaign, engaging over 172,000 users.

"The support from our investors is crucial as we work towards creating a universal stablecoin that meets the needs of Bitcoin users," said Naka, Founder & CEO of Satoshi Protocol. “This funding allows us to achieve these critical development and market goals.”

Satoshi Protocol enables users to collateralize BTC/LST to mint the stablecoin $SAT on both Bitcoin mainnet and multiple Layer 2, pioneering a utility and stable asset on the Bitcoin ecosystem.

"Satoshi Protocol's approach to integrating stablecoins is a real leap forward within the Bitcoin ecosystem," commented Vineet Budki, Managing Partner at Cypher Capita. "This investment reflects our confidence in its ability to enhance liquidity options for Bitcoin users and Bitcoin’s overall utility."

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  

Disclaimer. This is a paid press release.