Category Archives: Industry News

Memeinator Announced: Taking on the Meme Coin Market With a $1 Billion Vision

London, United Kingdom, September 29th, 2023, Chainwire

Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless mission to redefine the meme coin sector. 

The project’s grand vision was born from the frustration of seeing relentless false promises and overhyped coins, that were endless parodies of each other replete with nonsensical messaging. These have made investors forget much of the fun and magic that once existed in the meme coin space.

With its groundbreaking AI-driven game, blossoming community, and out-of-this-world prize offerings like a trip to space with Virgin Galactic, there’s never been a meme coin like it.

Drawing on a certain timeless ’90s action movie, Memeinator is here to right these wrongs. This revolutionary project is building a solid and dynamic community of meme coin fans from the ground up. A community who shares in its vision and are ready to bring trust back into meme coins. 

The Memeinator ‘resistance’ is already off to a flying start with over 20,000 people having already joined on Twitter to follow the launch and vibrant discussions ongoing in both the Telegram and Discord communities.

To ensure the project’s credibility and security, Memeinator has been audited by Solid Proof. Solid Proof has been auditing new blockchain projects since 2020. Based in Germany – the auditor focuses on assessing project protocols, reliability, smart contracts and KYC assessments for crypto projects. This puts Memeinator alongside high-profile audits for projects including UNCX, Shopping.io and ZyberSwap. 

Memeinator is available to buy now on the official website.

Tokenomics and roadmap

The MMTR Tokenomics have a total supply of 1 billion tokens, with a generous percentage allocated to community engagement for competition and marketing pools to support the presale, and a further 5% for exchange liquidity provision. The token will be deflationary, with the team enacting a burn mechanism as needed to maintain the price. Take a look at Memeinator’s whitepaper to see the full vision.

The whitepaper shows the project split into four meticulously planned phases. This will see the project move from inception in Phase 1 (team formation, blockchain and smart contract development & marketing launch) all the way to the presale completion that outlines CEX listings and the Memeinator game launch.

Within also lies an outline for a staking program and NFT launch, details of which will be announced during the course of the presale.

The final objective, stated as “Gain no.1 market cap amongst meme coins” forms an integral part of the team’s ambition: tongue-in-cheek but daring and determined. This will form a core part of the project’s branding and ethos.

Meme Warfare: A game-changer

Memeinator will launch ‘Meme Warfare’ next year. Powered by AI, this shoot-em-up game blends the chaos of battle with the absurdity of the memesphere. It allows players to step into the Memeinator’s virtual chassis to take part in humor-infused clashes as it blasts rival meme coin characters into oblivion. 

The coins represented in the game will be in line with their real-world relevance. Meme Warfare’s backend “Memescanner” AI will be simultaneously scanning the Web and feeding data into the game. This adds an extra layer of engagement and realism. If a meme coin is performing poorly on the market, it’s the gamer’s job to obliterate it. 

Redefining the meme coin space by going to space

Memeinator is offering the trip of a lifetime to one lucky prize winner, with a trip to space aboard Virgin Galactic. Hosted on Gleam, Memeinator is showing its competitors that it doesn’t mess around when rewarding its community.

Beyond first prize, the project will release exclusive NFTs during its presale. While details remain top secret at this stage, the NFTs serve to further strengthen and grow the community whilst providing a tangible virtual identity to this groundbreaking meme coin.

Having already raised $500K in less than 48 hours, the Memeinator presale is already on its third stage. However with the presale ongoing and less than $100K before it hits stage 4, users can still get involved and win this gargantuan prize.

About Memeinator

Memeinator is the antidote to the hundreds of throwaway meme coins that lack any legitimate utility. With its deflationary token, engaged community, expertly crafted NFT collection, and AI-powered video game, it offers real innovation instead of just hype. Its purpose is to eclipse its rival meme coins. And, on the way, deliver strong returns to its community via both trading its MMTR coin and staking.

For more information and to buy Memeinator (MMTR) visit the website.

Website | Whitepaper | Socials

Contact

Memeinator
Memeinator team
pr@memeinator.com

Supra Completes Over $24m in Early Stage Funding to Date

Miami, Florida, September 28th, 2023, Chainwire

  • Supra has raised over $24m in private investment rounds. 
  • Supra has received investment from several multi-billion dollar prominent VCs including: Animoca, Coinbase Ventures, HashKey, Prosus Ventures, Razer, United Overseas Bank Venture Management, Valor Equity Partners, among many more. 
  • Supra is developing an innovative cross-chain oracle and “bridgeless” communication network that aims to achieve sub-2 second finality with security guarantees that are projected to be over 10x more secure than incumbent bridges using their bespoke consensus algorithm, “Moonshot Consensus.” 

Supra is helping to facilitate the massive migration of Web2 to Web3 by turbo-charging oracles, cross-chain communication protocols, and their cutting-edge consensus mechanism to build a more secure and interoperable future. There are already over 1.5 million cryptocurrency data pairs being updated daily using Supra’s next-gen oracle technology.

Over $24m in private investment funding has been accepted from strategic partnerships that recognize Supra’s game-changing R&D at the cutting edge of the Web3 stack. With several whitepapers spanning 150+ pages in peer-academic review, Supra’s team of PhDs has been making significant contributions to the body of academic work in secure multi-party computation, decentralized consensus, and blockchain oracles. Leading the way is Dr. Aniket Kate, known best for his work on KZG Polynomial Commitments that underpin Ethereum’s L2 scaling roadmap, Supra’s innovations are quickly becoming the new standard for state-of-the-art for oracle protocols. 

As for funding, Supra has received support from some of the world’s largest digital asset funds and organizations, including: Animoca Brands, BCW, Coinbase Ventures, FiveT Fintech (formerly Avaloq Ventures), Galaxy Interactive, Hashed, HashKey, Huobi Ventures, No Limit Holdings, Prosus Ventures, Razer.com, Republic Crypto, Shima Capital, Signum Capital, SMO Capital, Sound Ventures, Sublime Ventures, UOB Venture Management (United Overseas Bank), and Valor Equity Partners.

In order to decentralize ownership and governance of the network, over 500 other funds, node operators, and angel investors have been brought in amongst these prominent names to help strategically distribute the token supply. Increasing distribution of their token is critical to the long-term success of Supra’s decentralized network. 

Furthermore, Supra has recently announced a major gamified learn-to-earn airdrop opportunity for community members to further distribute $SUPRA to a wide range of stakeholders. Users can check out their Countdown to Blast Off campaign to join other Supra cadets and learn more. Through their gamified learn-to-earn program, Supra is projected to have over 500,000 KYC’d token holders during their Token Generation Event, which is set to occur in early 2024. 

Moving forward

Joshua Tobkin, CEO and Co-Founder of Supra, said he’s excited to bring Supra to market and give DeFi developers and end consumer a provably fair, high-performance oracle service.

“We’re very pleased to have achieved the support of some of the biggest names in the blockchain industry,” he stated. 

“Building our network of strategic partnerships is extremely important to our future growth. These partnerships will go a long way towards developing the momentum necessary to bring a much needed security upgrade to the oracle space to further protect DeFi.”

“Too many people have already been negatively impacted by decentralized finance hacks or exploits, and too much money has been lost. We see our cryptography driven solutions as a way to take speed and security guarantees to the next level, which ensures a higher level of protection for end consumers. We need to level the playing-field and we can’t do that until we secure oracles and bridges, which have been the weakest link in Web3. This is an absolute necessity in order for blockchain to achieve its full potential.” 

Animoca Brands

Yat Siu, the Co-Founder and Chairman of Animoca Brands, commented: “Oracles are an important link bridging data portability and interoperability across different networks, and we’re therefore thrilled to support Supra as one of the projects developing the essential technological basis for a truly open metaverse.”

Republic

Alex Ye of Republic Advisory said: “The crypto industry had not committed to solving the oracle problem until Supra played the patient game and did their research on L1 consensus for oracles. While others might have come first to market, they all end up delaying the inevitable that Supra now fulfills. Oracles are both the key to cross-chain infrastructure, whether that comes from on-chain or off-chain data. Supra is the key that unlocks the real potential of cross-chain liquidity, multi-chain web3 applications, and more. I fully expect Supra to be the brand name internet infrastructure among traditional financial institutions and Web3 developers as synonymous as AWS, IBM, and Google in the Web2 world.”

Hashed

A spokesperson for Hashed said: “Oracles are currently the single most utilized vector for exploits, and it’s crucial for the industry as a whole to experiment with different trade-offs to improve this crucial infrastructure. We’re excited to be a part of Supra’s journey as their approach to advancing speed and security with sophisticated randomness will be a great addition to the collective intelligence of Web3. Supra has the potential to open up use cases that were implausible before by redefining liveliness of oracle feeds, and we will be dedicated to exploring new boundaries with the team.”

Sound Ventures 

Maaria Bajwa, blockchain investor at Ashton Kutcher and Guy Oseary’s Sound Ventures, said: “Supra and its incredible team have spent the last few years building a powerful oracle that has the flexibility and usability to scale with this ecosystem as it continues to accelerate in growth. Its node architecture ensures better security than existing oracles, while still processing information at faster speeds. Faster speed is critical to driving Web 3.0 closer to real-time transactions and replacing legacy systems. With a powerful oracle like Supra, DeFi users will now be able to easily offer loans across multiple chains and currencies, thereby expanding the market opportunity in DeFi. And all of this at a cheaper cost for developers and a better environmental footprint.”

Prosus Ventures

A spokesperson for Prosus Ventures said: “As DeFi use cases expand and scale, new multi-chain oracle solutions will need to come to market. We believe Supra’s technology will be a key component of the Web3.0 DeFi ecosystem, significantly increasing transaction finality to mere seconds, while improving security and enabling cross-chain interoperability. What is also apparent to us is the team’s deep understanding of this space, and we’re confident in their leadership and roadmap to achieve what no other oracle solution has yet been able to accomplish technically.”

Huobi Ventures

A spokesperson for Huobi said: “Huobi Ventures is thrilled to invest in Supra as they create and build the next-generation oracle infrastructure. We believe their seasoned team of highly experienced professionals will deliver a best in class oracle solution that improves upon the performance and security of existing oracles, and provides a premium product for users. Combining the founding team’s extensive experience with their long-term vision, we look forward to supporting this ambitious organization.”

FiveT Ventures

A spokesperson at FiveT Ventures (formerly Avaloq Ventures) said: “FiveT Fintech, an early-stage investor in web3 and financial services infrastructure working closely with Avaloq’s ecosystem consisting of over 150 financial institutions, is proud to participate in Supra’s strategic financing round. We see a growing need for verified off-chain data and are convinced that Supra’s ability to operate in such a fast, reliable, and highly decentralized way will enable new game-changing applications. Getting to know Supra’s team, we were impressed with their profound knowledge and fast-paced execution skills. For FiveT Fintech, Supra marks an important additional piece to complement our strategic investments in crucial web3 infrastructure and we are excited for close collaboration within our ecosystem.”

HashKey

Harper Li, Investment Manager at Hashkey Capital, said: “Supra is positioned as an IntraLayer with native oracle, native VRF, and native automation. Native oracle is the earliest product, which has been tested on more than 20 testnets. Native VRF combined with DKG technology solves the problem of public output and latency in this field compared with other random number solutions. In the future, the development of native automation will be introduced into the on-chain automatic execution, while the combination of on-chain automatic execution and the abstract account has a lot of imagination space.”

Sublime Ventures

Musthafa Ahmed, General Partner at Sublime Ventures, said: “What started out as a mission to create a next-gen, decentralized cross-chain oracle solution, has evolved into so much more. Perfectly primed to set the gold standard as Web3’s first intralayer solution, Supra is on track to dominate the industry with their superior and unparalleled tech stack, whilst also acting as the backbone unifying all major ecosystems in the sector.”

About Supra

Supra is building a low-latency interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. Supra, as a vertically integrated IntraLayer™, enables a shared security paradigm across a variety of oracle services. This includes securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, and more. 

After thousands of hours of R&D and simulations, Supra’s technical breakthroughs are solving the Oracle Dilemma and optimizing network performance across the board in terms of security, throughput, time to finality, composability, and programmability. Supra has taken an academic approach to development, which has been an integral part of the organization’s commitment to advancing Web3 performance and security. This is characterized by a commitment to deep research, transparency, and going through a rigorous peer-review process in every design and product released.

Dr. Aniket Kate, inventor of KZG Commitments utilized in Ethereum L2 Data Availability solutions, and the Supra team are diligently composing new whitepapers, so there are still many novel solutions in the pipeline soon to be publicized. To learn more about Supra and participate in their gamified learn-to-earn program, visit Countdown to Blastoff. Lastly, sign up for the whitelist for an opportunity to be notified in advance of any possible future token offerings and for more alpha.

Contact

Eli Phoenix
Supra
j.elijahphoenix@supraoracles.com

Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

Sherman Oaks, United States, September 27th, 2023, Chainwire

Xsolla, a global video game commerce company, announces its strategic acquisition of AcceleratXR, a provider of in-game server backend technology designed for live service games and software. The AcceleratXR platform and network engine offer robust scalability, supporting experiences across multiple platforms and devices. It functions similarly to an operating system optimized for modern interactive digital content.

AcceleratXR technology equips development teams—regardless of size or skill level—to create cutting-edge online and multiplayer experiences on a grand scale. Boasting more than 20 specialized systems, such as live cloud scripting, AcceleratXR is the most flexible and feature-packed platform for developing games, digital entertainment, the metaverse, and more.

This acquisition underscores a transformative shift towards marketing comprehensive cross-play and cross-pay solutions available out of the box, allowing players to maintain their identity and access their purchase history across any platform they want to play on – PC, web, console, mobile, and VR.

“Today, we welcome AcceleratXR, a significant new addition to the Xsolla game tech family,” said Chris Hewish, CEO of Xsolla. “AcceleratXR brings robust game server backend technology capable of catering to various platforms – from web to PC to console to mobile. It marks a promising stride in our journey to redefine cross-play technology.”

“We’re thrilled about the acquisition by Xsolla, as it supercharges our core mission of making game development tools accessible to all and enhancing social experiences within gaming communities,” said Jean-Philippe Steinmetz, Co-Founder of AcceleratXR. “This momentous step forward presents promising opportunities to reshape the global gaming industry.”

For more information about AcceleratXR, please visit: https://xsolla.pro/axr-acquisition

About Xsolla

Xsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the video game industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in Berlin, Seoul, Beijing, Kuala Lumpur, Tokyo, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Ubisoft, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more. 

For additional information and to learn more, please visit: xsolla.com

About AcceleratXR

AcceleratXR is a versatile solution for game developers aiming to craft cross-platform games and applications. It covers the broad spectrum of gaming platforms from console, PC, and mobile, to VR environments. By enhancing seamless connections between these diverse gaming interfaces, AcceleratXR significantly reduces development time and cost, enabling game developers to deploy large-scale, cross-platform games more effectively.

For additional information and to learn more, please visit: acceleratxr.com

Contact

Derrick Stembridge
Xsolla
d.stembridge@xsolla.com

Veteran iGaming Team Launch Crypto Casino Portal

London, United Kingdom, September 27th, 2023, Chainwire

In the ever-evolving world of cryptocurrency and online gambling, CryptoCasinos.Casino emerges as a game-changer, providing a comprehensive platform for crypto casino enthusiasts to make informed decisions. The team is thrilled to announce the launch of CryptoCasinos.Casino, a website dedicated to reviewing and comparing the best crypto casinos in the market.

Cryptocurrency has disrupted traditional finance, and its influence extends to the iGaming industry, where crypto casinos have gained immense popularity. However, with a plethora of options available, it can be challenging for players to navigate the landscape and choose a reliable platform. CryptoCasinos.Casino was born out of the need for transparency and accuracy in this rapidly growing sector.

Key Features of CryptoCasinos.Casino:

  • Unbiased Reviews: A team of experts meticulously evaluates crypto casinos based on a wide range of factors, including security, game variety, bonuses, customer support, and more. The reviews are unbiased and transparent, ensuring that players can trust the information provided.
  • Detailed Comparisons: CryptoCasinos.Casino allows users to compare different crypto casinos side by side. Using CryptoCasino’s user-friendly comparison tool, players can easily find the platform that best suits their preferences.
  • Comprehensive Guides: The company understands that not everyone is well-versed in cryptocurrency or online gambling. That’s why the platform offers comprehensive guides and articles to help newcomers understand the world of crypto casinos, from setting up a crypto wallet to understanding provably fair gaming.
  • Latest News and Updates: Users can keep stay up-to-date with the latest news and trends in the crypto casino industry. The news section provides insights into new casinos, promotions, and regulatory changes.
  • Community Interaction: CryptoCasinos.Casino fosters a sense of community among crypto casino enthusiasts. Users can share their experiences, ask questions, and engage with like-minded individuals through our forums and social media channels.
  • Mobile-Friendly: Users can access the platform from any desktop or mobile device, ensuring a seamless experience regardless of your preferred device.

Kay Bowers, the founder of CryptoCasinos.Casino, expressed her excitement about the launch: “Our goal is to become the go-to resource for anyone interested in crypto casinos. We aim to empower players with the knowledge they need to make informed decisions and have a safe and enjoyable gaming experience.”

About CryptoCasinos.Casino:

CryptoCasinos.Casino is a dedicated platform for reviewing and comparing crypto casinos. Our mission is to provide players with unbiased information and resources to help them navigate the world of crypto gambling. With detailed reviews, comprehensive comparisons, guides, and community engagement, CryptoCasinos.Casino is the ultimate destination for crypto casino enthusiasts.

Contact

Editor
Helen Gansted
Crypto Casinos
helen@cryptocasinos.casino
02075 874 115

TYRION Set To Decentralize The $377B Digital Advertising Industry

Toronto, Canada, September 25th, 2023, Chainwire

TYRION, an innovative force in the realm of decentralized digital advertising, proudly announces the launch of its revolutionary blockchain advertising technology. This launch marks a radical shift in an aging industry that has seen little innovation in the past decade–and that is currently centralized and dominated by two tech behemoths.

In the age of digital marketing, and certainly in the world of crypto and blockchain, challenges such as lack of transparency, data privacy concerns, ever-declining ROI, and fraud have been pervasive. Tyrion aims to revolutionize this space by offering a decentralized solution that addresses these challenges head-on, fostering an ecosystem of trust, transparency, user empowerment, and user reward.

At the core of this platform lies the $TYRION token, designed to seamlessly integrate and support every facet of the platform’s operations. $TYRION is not just another crypto token, it is the lifeblood of the new digital marketing paradigm–and serves as the primary mode of transaction while incentivizing active participation, ad moderation, and establishing credibility within the ecosystem.

Tyrion not only aims to disrupt the digital advertising industry, but looks to improve upon the virality potential of advertising campaigns. Tyrion allows anyone, on any platform to be an advertiser–in essence, transforming the entire digital world into a potential billboard. 

Key Features of TYRION

Social Platform Integration: Tyrion integrates with platforms like YouTube, Twitter, Discord and Telegram, bridging the gap between decentralized advertising and the heart of modern digital communities.

Staking & Moderation: Token holders can stake with Ad Publishers and actively participate in ad moderation, ensuring quality and integrity.

Analytics: Robust analytics tools for advertisers and Ad Publishers to track performance metrics.

Integrated Secure Payment System: Advertisers and Ad Publishers can transact using the TYRION token, ensuring a consistent value flow within the ecosystem, as well as security of all transactions.

Empowered Governance: TYRION token holders can participate in the platform’s decision-making processes, ensuring it remains community-driven.

Referral System & Virality: A reward-based referral system to drive platform adoption and amplify its user base.

Deflationary Mechanism: 2% of all ad revenue is burned, making $TYRION a deflationary token, which, coupled with increasing demand, fosters economic stability.

The Tyrion team itself boasts a leadership that has been in the crypto space for over half a decade, which is an eternity in the blockchain industry. Tyrion’s executives are a who’s who of prominent entrepreneurs, innovators, and communications specialists–with accomplishments ranging from working on a data server for a Lunar mission, building a social media network alongside Intel Capital, and producing television content for major global networks.

The team is not only bolstered by a vision but also by strategic partnerships with major marketing firms and leading web3 platforms. These alliances ensure that the Tyrion platform remains at the cutting edge of both advertising strategies and blockchain technology.

“For too long, the digital advertising industry has been dominated by centralized entities that prioritize profits over transparency and user experience. With Tyrion, we’re taking the power back and putting it into the hands of the community. Our platform stands as a testament to what’s achievable when technology and vision converge,” says Patrick Gajda, CEO of Tyrion.

In the lead-up to this launch, TYRION has been making waves in the crypto community. The platform’s roadmap showcases a series of advancements, with many more promising developments to come. 

As decentralized platforms become the standard in the advertising world, TYRION is set to be recognized as a pioneer driving this transformative shift. With its focus on trust, transparency, and community empowerment, Tyrion isn’t just heralding the future of advertising; it’s shaping it.

Crypto news outlets and enthusiasts are encouraged to keep a close watch on Tyrion as it disrupts the digital marketing paradigm and offers a glimpse into the future of decentralized advertising.

About TYRION

TYRION is a cutting-edge decentralized advertising platform that leverages the power of blockchain technology to bring transparency, trust, and efficiency to digital marketing. With its native $TYRION token, the platform offers a plethora of features tailored to the needs of advertisers, publishers, and users.

For more information: Website | Twitter (X) | $TYRION Token

Contact

VP of Communications
Cale Tompkins
TYRION
cale@esvelo.com

The Open Network (TON) Foundation engages Chainbase and Tencent Cloud for Web3 development and adoption

Zug, Switzerland, September 21st, 2023, Chainwire

The partnership entails an enterprise node deployment service offered by Chainbase

The Open Network (TON) Foundation has partnered with Chainbase and Tencent Cloud to simplify blockchain development as the Foundation ushers in the next era of Web3 mass adoption across the Asia-Pacific region. 

As one of the world’s leading cloud providers, Tencent Cloud offers reliable computing resources and optimized network connectivity through its global cloud infrastructure. Tencent Cloud has already successfully supported TON validators and plans to expand its services further to help meet TON’s high compute intensity and network bandwidth needs. Tencent Cloud and TON Foundation are devoted to supporting web applications and bots built within Telegram. For example, Telegram games built on TON can benefit from Tencent Cloud’s enriched gaming solution and reference cases. For all projects built on TON, Tencent Cloud will offer, subject to approval, a dedicated amount of cloud credits and product discounts, made available through the Tencent Cloud Startup Program.

TON Foundation offers an enterprise-ready blockchain system built for large-scale Web3 applications featuring near-instant transaction speeds, highly reliable connectivity, low latency, and low fees. TON Foundation’s support for the launch of Wallet in Telegram, an integral piece of the Web3 ecosystem infrastructure, is a clear demonstration of this. Today, TON is well suited to cultivate growth in emerging markets like the Asia-Pacific region, as developers are able to leverage the tools provided by Tencent Cloud and TON to acquire and onboard users, ensuring a familiar, intuitive, and natural user experience.

Leveraging their extensive experience in data indexing and querying, Chainbase will offer the first data indexing product on TON. This will allow for the free utilization, querying, and analysis of all TON data per developers’ unique use cases. Chainbase’s enterprise node deployment service will deliver low-latency and highly reliable blockchain connectivity for Web3 projects and developers on TON, empowering them to achieve more with less effort.

“We share the goal of making these services available soon via Tencent Cloud,” said Chris, COO of Chainbase. “Soon, we’ll be providing a readily accessible gateway to TON for millions of developers and end users. Through this strategic partnership, Chainbase aims to facilitate frictionless adoption across the thriving APAC blockchain landscape.”

“Our collaboration with Tencent Cloud is the latest milestone in our journey to accelerate the global adoption of blockchain technology. By joining forces, we can leverage our combined expertise to drive the development of technological solutions built on-chain,” said Justin Hyun, Head of Growth at TON Foundation. “We are committed to working closely together with Chainbase and Tencent Cloud to provide developers with the tools that they need to deliver transformative TON-based solutions to industries and users worldwide.”

This partnership aims to simplify blockchain development and elevate user experiences across various industries. Projects interested in learning more about integrations through Chainbase and Tencent Cloud may contact TON Foundation directly via Telegram.

About TON Foundation:

The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland in 2023. TON Foundation is 100% funded by the community, acting in the community’s interests, and supports initiatives aligned with The Open Network’s mission. Learn more at https://ton.foundation.

About The Open Network (TON):

The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem in Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets. See more at https://ton.org/.

About Chainbase

Chainbase is an all-in-one data infrastructure for Web3 that allows you to index, transform, and use on-chain data at scale through diverse tools we provide, such as pre-defined APIs, SQL studio, data syncing, subgraph hosting, and more. With an OPEN, FAST, RELIABLE platform, and a suite of seamless developer tools, Chainbase’s ultimate goal is to increase data freedom in the crypto and unleash better data utilization and full data ownership. More than 5,000 developers actively utilize our platform as their data backend and integrate our service into their main workflow. Additionally, we are working with ~10 top-tier public chains as first-tier validators and managing over US $500Mn tokens as a validator node provider. Find out more at: chainbase.com

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. As for Web3, Tencent Cloud is committed to helping builders accelerate the adoption of decentralized technology, with our connections with global Web3 ecosystem players, and our simple, secure tools and cloud infrastructure.

Find out more at: https://www.tencentcloud.com/solutions/web3

Contact

TON Foundation
ton@theagencypartnership.com

Metacade Tokens Opened Up to Millions More Investors via Bitget Exchange Listing

London, United Kingdom, September 20th, 2023, Chainwire

Metacade, the world’s first community-led gaming platform, has confirmed it will list its token, MCADE, on Bitget on the 20th of September – a strategic move welcomed by investors as it accompanies a number of recent announcements about new collaborations and product updates.

Bitget is a popular global exchange with over 20 million users and, at the time of writing, a 24 hour spot trading volume of over $420M. This ranks it amongst the top 15 exchanges by trading volume on CMC. The move opens up MCADE to a substantial pool of new investors and traders across the world.

To complement the listing and in the spirit of fun, Bitget recently shared a gleam giveaway on their Twitter page, confirming rumors of the listing and offering investors the opportunity to win $58,900 MCADE tokens. 

Metacade’s CEO Russell Bennett, expressed that: 

“Metacade’s momentum continues to increase and I am confident that we’re perfectly positioned for a strong Q4. Things are moving quickly and this listing accompanies a series of announcements we’ll be releasing that reflect the progress we’ve made against delivering on our project roadmap. The listing on Bitget stands to benefit our substantial community of token holders as the MCADE token will get huge new exposure to potential investors from Bitget’s user base”. 

Metacade is also available to trade on Uniswap, Bitmart and Coinstore.

Building and Developing Partnerships for Long Term Growth

After a highly successful presale earlier this year that concluded with a final fundraising total of $16.4 million in April, Metacade has been consistently strengthening its value proposition through a series of fresh collaborations. These include partnerships with gaming studios and the exploration of novel approaches to cross-chain strategy and gaming adoption by integrating with new blockchain technologies.

The project’s mainnet launch is scheduled for the end of October, when the first pay-to-play games will go live in partnership with Metastudio, who has been working with Metacade since earlier this year when they launched their Rune Realms game and NFT collection. Moving to mainnet will see the brand’s games hosted on the revamped Metacade platform, unlocking significant potential for collaboration on new blockchains.

Moreover, Metacade’s ambitious initiatives will receive substantial support through their collaboration with Phenoms agency. Phenoms specializes in collaborating with micro-influencers, which will facilitate widespread adoption of the games featured on the platform. This partnership will also play a pivotal role in assisting the Metacade team in onboarding new gamers and executing large-scale project launches.

About Metacade

Metacade aims to supercharge, reward, and connect developers and players, providing an unfair advantage through plug-and-play community initiatives and testing, early access, dev-player collaboration, financial rewards, gigs, accolades, and a thriving ecosystem, all in a seamless, enjoyable platform.

It aims to become the premier gaming platform that empowers developers and players, providing unparalleled opportunities for growth and collaboration. 

For more information: Website | Whitepaper | Socials

Contact

CEO
Russell Bennett
Metacade
pr@metacade.co

Web3 Pioneer, Dan Wasyluk, Joins Jurat Blockchains as Chief Technology Officer

Chicago, IL, September 12th, 2023, Chainwire

Jurat Blockchains, a regulatory technology company bridging blockchains to the U.S. court system, is pleased to welcome industry veteran Dan Wasyluk as its new Chief Technology Officer. Mr. Wasyluk will oversee Jurat’s suite of on-chain legal enforcement products including the JTC blockchain ($JTC), the JTC Ordinals digital asset tokenization platform, and its fraud-fighting payments app project, called Zabbo. 

“We are lucky to have a technologist of Dan’s caliber join our team. Dan shares our vision to make blockchain a safe space for all users through ready access to the justice system.” said Mike Kanovitz, CEO of Jurat. “For crypto and blockchain to achieve mass adoption users must be able to enforce the same legal rights on the blockchain as they enjoy in the real world. Jurat technology makes this possible through decentralized court access and Dan has the right combination of skills and experience to fully implement our vision.”

Mr. Wasyluk is a blockchain veteran, having worked with a variety of platforms since 2012. He co-founded Syscoin ($SYS), a Bitcoin-fork blockchain that incorporates Ethereum ($ETH) compatible smart contracts, and oversaw its growth to a top-100 coin by market cap. He has extensive experience developing NFTs, smart contracts, decentralized identity solutions (DID), wallets for digital assets, and cross-chain solutions. His most recent Web3 venture, Blockchain Foundry, was acquired by WonderFi (TSX: WNDR, OTCQB: WONDF, WKN: A3C166) in late 2022. Mr. Wasyluk holds a Bachelor of Science degree in New Media: Information Technology from the Rochester Institute of Technology. 

About Jurat Blockchains

Jurat Blockchains is positioning itself as the leading provider of decentralized law enforcement solutions for commercial users and government officials. Its technologies power $JTC, a consumer protection version of Bitcoin ($BTC) with unique abilities to recover digital assets and charge-back unauthorized payments. Jurat technologies enable seamless access to both the civil and criminal justice systems, making it attractive to businesses, regulators and those keen on tokenizing off-chain assets. 

For more information, visit Jurat’s Official Website | Twitter | Medium 

Users can also contact Kate Kanichirayil, Director of Marketing, at kate@jurat.io.

Contact

CEO
Mike Kanovitz
Jurat Blockchains
mike@jurat.io

Octav Raises 2.65 Million To Help Label DeFi Transactions

Montreal, Canada, September 12th, 2023, Chainwire

Octav, a DeFi labeling and tax reconciliation platform, raised a $2.65 million seed to help label the DeFi ecosystem and be the “Quickbooks of crypto”.

“There hasn’t been a systematic way where the DeFi community can decipher all their transactions from block explorers and get their data in one convenient dashboard,” said Mathieu Baril, Co-Founder & CEO of Octav. “So it became clear to us that data labelling is missing in DeFi”.

Octav is led by Mathieu Baril & Luc Blackburn, both of whom have previously worked at companies like Zapper, Accedian Network and Otodata before starting Octav. Octav boasts a variety of esteemed Investors including Nascent, Polymorphic Capital, Parallel Studio, Spaceship DAO, Investmeows, Possible Ventures, Speedinvest, ACET capital, Paul Desmarais, CEO of Sagard holdings, and Mark Zeller from AAVE.

“We are building the platform that deciphers all DeFi transactions,” Mathieu said. “Today, there’s a lot of companies building DeFi dashboards but I don’t think anyone is going deep to provide the end user with all the data in an easy way to understand and we think the right company will need to have a complete defined database of all DeFi transactions, not just a piece of it.”

“A lot of DeFi native tools like Etherscan and Dune Analytics give a lot of raw data which is great if you have the technical knowledge but not great for most DeFi enthusiasts”, Mathieu noted.

“Etherscan does not give you the ability to understand exactly what transaction you did and with what protocol you interacted with because it only provides the contract address and the transaction function directly from the smart contract code.” Mathieu added. “So the entire ecosystem of tools is broken and DeFi enthusiasts are struggling with a lack of understanding and playbook. That’s really where the current state is and we’re trying to build something to solve this over time.”

Octav’s DeFi labelling and tax reconciliation platform includes a DeFi labelling database, portfolio dashboard, and data analytics such as cost basis, profit and loss, and fees paid. It also allows anyone using the platform to contribute to the DeFi machine learning algorithm dubbed “The Brain” by labeling any unknown transactions that are not yet part of the database. Once user contributions are algorithmically verified the update is pushed automatically to all Octav users who interacted with the same smart contract.

“Octav is currently in beta with thousands of users, seven integrated chains, and over 100 million transactions indexed to date”, Mathieu said. “While the first customers are DeFi power users, Octav’s client base is “anyone who has ever interacted with a DeFi protocol”, Mathieu added.

“The capital will be used to integrate more chains to capture the entire DeFi ecosystem. New chains are launched throughout the year and new protocols launch weekly so we always have to be ahead to capture the latest protocols the DeFi community is interacting with.” Luc said. “We both worked at startups before and understand the importance of delivering ambitious goals with a lean team.”

In the long term, the co-founders plan to focus on integrating with current crypto tax platforms where Octav’s database would help as a pre-tax facilitator, reconciling all of a user’s transactions before being ready for tax software.

“For us, it’s really twofold. We want to go from a small, tight-knit community of DeFi power users and grow that business,” Mathieu said. “In parallel, we have an entire stream of accountants waiting to pay to use our platform to reconcile transactions for tax preparation for their clients, we believe that is where our breakthrough will happen.”

About Octav

Octav is a free and editable data analytics platform that helps decipher Decentralized Finance (DeFi) investment activity. Octav’s user-curated database simplifies DeFi for traders, tax professionals, and liquid asset management firms, serving as a pre-tax facilitator for cost-basis, profit & loss, and more.

For more information, visit:

Website | Medium | X | Discord | Official Docs

Contact

Marketing Manager
Stephen Edvi
Octav
stephen@octav.fi

Chancer Platform Releases Product Teaser as Presale Rockets Past $1.7M

London, United Kingdom, September 12th, 2023, Chainwire

Chancer has released their first product update, aligning with the exciting vision laid out in their whitepaper. This accompanies the rapid trajectory of the presale raise, which accumulated over $1.7M – with the few remaining tokens at this stage priced at $0.011 before the raise enters Stage 3 and increases by 9% to $0.012. 

The update covers crucial progress on betting mechanics, user profiles, leaderboards, and how social sharing will work in the app.

Chancer’s Head of Product, Paul Kelbie, stated:

“I am delighted to see the progress made by the development and UX teams here. This is a complex build with a range of exciting features. With this foundational work complete we can begin work on the second phase of the product development in advance of our beta. Suffice to say the team is hugely excited and the community is buzzing! Can’t wait to crack on!”

Chancer has raised over $1.7m, with only $300k remaining in Stage 2 before the price will increase by 9% per token. Users can buy Chancer here.

Chancer’s unique betting mechanics provide the foundation for its success

Chancer’s betting mechanics cover two approaches to betting:

  1. Conventional’ betting, e.g. betting on the outcome of an NBA game or known global event like an election.
  2. Social betting also known as P2P betting is a friendly competition between two tennis players or a weight lifting contest at the local gym. 

The latter has been one of Chancer’s most talked about USPs as it lets people bet each other on anything verifiable, opening up enormous possibilities for everyday scenarios.

Initial development focused on private bets (ringfenced to the bettor and whoever is added) versus public betting that can be livestreamed and is next in line for the development team. 

The product team will also deliver data validation with nodes that will let people bet on global events like the NBA game mentioned above so that betting outcomes are clear and actionable in terms of payouts.

To support a multitude of use cases from social betting to globally-broadcasted bets – the Leaderboard UI is also well underway. This will allow bettors to broadcast their winnings within their social groups as well as gain a reputation with a global community of Chancers.

In support of the Leaderboard feature, the UI team has also completed work on user profiles through which bettors will engage with private and public contests.

The Social Sharing feature, powered by Google’s WebRTC technology allows Chancers to broadcast bets and create viral trends. Anyone can get involved, as long as they meet the minimum liquidity required to match their odds. 

In celebration of the first UI and UX milestones the team is showcasing their progress on the website product page and has announced a series of imminent updates including AMAs with the community throughout September. More details will be shared on the company socials.

Stage 2 nears sell out as investors buy into ‘the future of betting’

Chancer is climbing the ranks on a number of 3rd party best crypto lists. Namely the release of the first product updates and the hype around Chancer driving not only substantial interest in the crypto community.

With Stage 2 set to complete imminently, each token is currently priced at $0.011, which will rise to $0.021 by the end of the presale, so users getting in at the earlier tranche will get almost twice the amount of tokens against their project funding.

With a well-planned path towards success, the momentum of Chancer is growing. The comprehensive roadmap and the potential to become a real disruptor to the gambling industry solidify the long-term potential of the platform.

About Chancer

Chancer is set to develop the world’s first decentralized social betting platform. This will allow Chancer token holders to create, and participate in their very own bets based on their interests, expertise and social opportunities.

The project intends to disrupt the global gambling and betting market by ‘removing the house’ and taking a slice of the market share as it garners attention by challenging the traditional bookmaking and betting business model.

For more information: Website | Whitepaper | Socials

Contact

CEO
Adam Kelbie
Chancer
press@chancer.com

One Trading Launch Instant Trade

London, United Kingdom, September 8th, 2023, Chainwire

One Trading, the crypto asset exchange formerly operating under the Bitpanda Pro brand, today announced its new product, Instant Trade.  

Having recently raised €30M and fully separated from Bitpanda, Instant Trade is another step forward for One Trading as it diversifies its offering and establishes its footprint as a household name providing crypto assets to both retail and institutional investors in Europe. 

With backers including the likes of Peter Thiel’s Valar Ventures, MiddleGame Ventures, Speedinvest, Keyrock and Wintermute Ventures, One Trading is drawing a lot of attention. 

Led by TradFi heavyweight and ex-JP Morgan exec Josh Barraclough, One Trading aims to address the lack of regulated venues in Europe by offering more sophisticated crypto products, including derivatives and spot trading, to both institutions and retail customers. With many traditional finance players lacking experience in the crypto market, there is a significant gap in providing long-term product confidence and success. 

The latest product being launched is Instant Trade. Josh had the following to say about Instant Trade: “We’re really excited to be unraveling our latest product, Instant Trade, which brings our OTC product, typically reserved for institutional clients, to all customer types. Our customers can now trade 100+ pairs between crypto-assets and fiat seamlessly with great fiat on and off ramps at the click of a button, and commission-free trading. Most brokers charge a dealing fee when customers buy or sell assets, however, Instant Trade will have 0% commission, meaning there is no additional dealing fee charged on Instant Trade aside from the market spread applied. We’ve built up a deep pool of liquidity with a range of partners over the years, which everyone can access without having to trade hundreds of millions a day or hold ecosystem tokens. 

We have a simplified, really easy to use UI and customers can even trade up to ten million euros in one trade. We’ll also be regularly adding new assets and our customers can rest assured that with our VASP license, we are a safe, secure, and regulated service, for anyone that isn’t a customer, you can test out Instant Trade on our website and compare our prices.

We’re really excited to hear feedback from our customers so do let us know what you think via our socials and community channels. We will also be releasing an article on the One Trading blog page specifically about Instant Trade, so keep an eye out for that on the website.”

“We want to make crypto trading safe and accessible for all and bridge the gap to provide an institutional-grade platform for all customer types. We have been rolling out a rebrand and a number of big infrastructure changes. We will be going live shortly with what we believe to be the fastest and most scalable exchange (< 250-microsecond order create/cancel) based on real-world metrics available to a shared retail and institutional audience. We aim to become a utility for large liquidity providers to exchange unlimited amounts of risk under a membership model instead of pay-per-trade and have low fees and deep books for retail with a number of liquidity protections. We will then start listing more products with appropriate controls and vetting as we move into derivatives. Above all we want a regulated, institutional-grade platform where people feel safe to trade with unique product options”. Josh Barraclough, CEO, One Trading.

INTERVIEW WITH ONE TRADING CEO, JOSH BARRACLOUGH

One Trading intends to operate as a MiFID Trading Venue, which will augment its existing VASP license, and would allow its platform to offer capital-efficient spot and derivative products for all customer types. It also offers a higher level of protection for customers who will be vetted through stringent anti-money laundering (AML) and Know-your-customer (KYC) procedures as well as client appropriateness checks. The full-scale MiFID license will also allow One Trading to list financial instruments – removing the debate over whether a DLT asset is a token or a security – and will permit new products to be designed from the ground up with appropriate vetting, transparency and customer protection in mind. 

One Trading’s platform also offers access to a high-touch and secure OTC trading service, enabling high-net-worth individuals and institutions access to a wide range of digital assets, with competitive fees, and deep pools of liquidity.

About One Trading

The One Trading team is based and headquartered in Europe with offices across Amsterdam, London, Milan, and Vienna. One Trading is regulated in the EU and has built its product and venue to meet the needs of European customers. One Trading’s mission is to bridge the gap between crypto and traditional asset trading with a single regulated trading platform for all customer types and all products.

Users can learn more about One Trading at their website: www.onetrading.com and for more updates, follow the One Trading social channels via Linktree.

Contact

Marketing Contact
Andy Keelaghan
One Trading
info@3webdigital.com

WEMIX introduces “unagi”: a new omnichain initiative that transcends blockchain boundaries

Seoul, South Korea, September 5th, 2023, Chainwire

  • Aims to create a vast ecosystem to drive common growth of global blockchains  
  • Complete user-customized omnichain network to easily and conveniently utilize services across multiple blockchains
  • All platforms and dApps are connected as one with blockchains bringing complementary strengths to the ecosystem

WEMIX has unveiled unagi, short for Unbound Networking & Accelerating Growth Initiative, which aims to construct an all-encompassing ecosystem that goes beyond the limitations of diverse blockchains by seamlessly integrating, connecting and encompassing multiple networks, fostering an environment where they coexist harmoniously. This need for an omnichain ecosystem that taps the potential for innovative synergy between blockchains is increasingly important amid the growing number and diversity of emerging blockchains.

Overcoming existing integration challenges 

Proposed by the WEMIX Foundation, the launch of unagi marks a pivotal turning point with the potential to overcome existing challenges. unagi is designed to accelerate the mass adoption of blockchain by seamlessly integrating diverse blockchains and services, helping to address the multifaceted challenges that arise during chain interactions, and providing a seamless immersion into a wide array of blockchain experiences. With unagi, you can transcend the boundaries between chains and experience integrated transactions and comprehensive asset management.

Core Mechanism

At its core, unagi accomplishes a highly accessible omnichain, spanning on-chain and off-chain domains, through a messaging protocol known as unagi(x). This protocol supports decentralized off-chain messaging in addition to on-chain messaging, surmounting the computational limitations associated with contracts running on specific blockchains.

This is achieved through a decentralized validation method, ensuring swift and secure transactions across heterogeneous chains that are completely reliable, both on-chain and off-chain. unagi enhances various aspects of blockchain activity, aiding in optimal route discovery for dApps, reducing fees, and supporting gas fee delegation services.

Connecting 8 major blockchains

Moreover, unagi(x) will initially support EVM networks and expand its compatibility to Non-EVM environments in the future, reducing entry barriers and enabling utilization of existing smart contracts. An initial group of 8 major blockchains are connected by unagi including Arbitrum, Avalanche, BNB Smart Chain, Ethereum, Kroma (WEMIX L2 project), Optimism, Polygon, and WEMIX3.0.

Core Applications

unagi’s core functionalities, supporting the omnichain, are accessible through the una Wallet, which provides a secure and speedy wallet authentication service that allows users to search and manage assets of various chains as if they were stored using a single wallet.

It facilitates access to the services of these chains swiftly and securely through robust authentication mechanisms, and enables efficient management of assets across various chains through one wallet. Notably, unagi’s authentication will not only utilize MPC technology but also introduce Account Abstraction for unprecedented authentication speed and ease of use.

  • una Wallet: natively manage assets on multiple chains through one single wallet with easy utilization of complicated concepts such as gas fee, seed phrase, network, etc.
  • unagi Swap: A service that provides high liquidity and stability, and low fees using various cross-chain protocols, enabling users to potentially utilize dApp services at the lowest cost.
  • unagi Scan: Get easy and direct access to transaction histories of various chains. Transactions that occur both on and between chains can all be recorded and searched through unagi.

In addition to delivering user convenience, unagi will also provide support for partners and dApp builders using a Standard SDK/API that will simplify effective and efficient development of services for builders.

This will create an environment where disparate blockchain services and assets effectively become interwoven as part of a single massive ecosystem and achieve what was once deemed unattainable in cross-chain transactions.

Wemade showcases unagi at Korea Blockchain Week

Experience unagi up close and personal at the Wemade booth on-site from 5 – 6 September at The SHILLA Seoul during Korea Blockchain Week 2023. Wemade is returning as the main sponsor for IMPACT, the key event headlining this year’s KBW. You can also watch the introduction to unagi on YouTube or visit unagi’s official website for more information.

About WEMADE

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit www.wemix.com/communication for more information.

Contact

Global PR
Kevin Foo
WEMIX
kevin.foo@wemix.com

VEXT IS LIVE ON BYBIT NOW

London, United Kingdom, September 4th, 2023, Chainwire

Veloce, the world’s largest digital racing media network, has just launched (10am UTC) its governance and utility token, VEXT, exclusively on ByBit, one of the global top leading centralized exchanges.

Users can head over to ByBit now by CLICKING HERE so they don’t miss out on the exclusive rewards and bonuses up for grabs! Users who don’t have a ByBit account can sign up here now!

This is a defining moment where users have the opportunity to be part of shaping the VEXT future. Veloce appreciates the support of all its users; more exciting news coming soon!

Website | Telegram Group | Telegram Channel | Twitter | Discord | Instagram | YouTube | CoinMarketCap | CoinGecko | ByBit

About Veloce Media Group

Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across some of the most innovative, fast-growing, and future-focused sectors in the UK. 

Headquartered in London, the Veloce brand comprises the industry-leading gaming and racing platform, Veloce Esports, and race-winning outfit, Veloce Racing, currently competing in the renowned Extreme E championship. 

As the world’s largest digital racing media network, Veloce has so far attracted over 35 million subscribers and nearly one billion monthly views with a focus on esports, gaming, purpose-driven motorsport, and Web3. 

Veloce is partnered with a number of high-profile teams from across the globe, running multiple gaming and esports team operations, including Mercedes AMG, Ferrari, McLaren, and Yas Heat. Well-established JV sub-brands, including Lando Norris’ gaming and lifestyle brand Quadrant, make up another key aspect of Veloce’s vast global network. 

To learn more, please visit: https://www.velocemediagroup.com/

Contact

Chief Executive Officer
Rupert Svendsen-Cook
Veloce Media Group
hi@velocemediagroup.com

Kava Chain Now Live on Fireblocks, Opening Cosmos DeFi to Institutional Investors

Georgetown, Cayman Islands, September 1st, 2023, Chainwire

Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. The integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain.

“With the integration of Kava Chain onto the Fireblocks Network, we’re excited to bring Kava’s innovative suite of DeFi app protocols and Cosmos DeFi access to our customers,” said Idan Ofrat, Co-founder and Chief Product Officer at Fireblocks. “In the past year, we have seen growing institutional interest in DeFi. Fireblocks’ defense-in-depth security and customizable Transaction Authorization Policy (TAP) allow our customers to safely explore and innovate in the DeFi arena without compromising their compliance and security requirements. We look forward to unlocking more opportunities for our customers in the future.”

Kava Chain has been steadily building and growing through the bear market. However, without a robust connection to an MPC (multi-party computation) custody technology provider, top-tier crypto institutions have not been able to engage with the dApps on-chain. The Fireblocks integration enables over 1,800 leading digital asset and crypto institutions to now custody KAVA tokens and access Kava-native assets, including Cosmos-native USDt — selected by Tether to be issued exclusively on Kava Chain.

This integration not only enhances institutional access to Kava but also allows Fireblocks customers to:

  • Engage in DeFi opportunities on platforms within the Kava ecosystem, such as Curve, Kinetix, and Hover.
  • Participate in market-making using Cosmos-native USDt on major exchanges.
  • Explore new USDt DeFi opportunities on prominent Cosmos appchains.

“Kava Chain’s role in arbitrage market making is becoming increasingly significant. With the Fireblocks integration, centralized exchanges (CEXs) and major market makers have a more capital-efficient option for cross-chain arbitrage,” said Scott Stuart, Co-founder of Kava Chain. “Instead of incurring high gas fees on Ethereum, they can now utilize Kava to transfer USDt between ecosystems efficiently. We’re excited about the future and the value this integration brings to our community!”

For more updates, follow Kava Chain and Fireblocks on X (fka Twitter).

About Kava

Kava Chain (is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide. 

Contact

Marketing Manager
Guillermo
Kava
guillermo.carandini@kava.io

Core Quickswap Members Launch 50x Leverage on Kava Chain

Georgetown, Cayman Islands, August 30th, 2023, Chainwire

Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges.

Kinetix’s innovative Perpetual Market allows users to leverage trade on the Kava Chain. The Perpetual Market meets the rising demand for decentralized trading solutions, offering users leveraged exposure to crypto assets like KAVA, axlETH, axlWBTC, ATOM, and USDt all while ensuring utmost transparency and security.

“The Perpetual Market is not just another trading platform — it is a reflection of Kinetix’s dedication to providing decentralized solutions that empower our users. With this platform, we’re offering a unique, secure, and efficient way to leverage trade on the Kava Chain,” said Kinetix team lead Alexi Atlas.

At the heart of Kinetix’s Perpetual Market is the distinctive liquidity pool system, KLP. LPs can offer any of the initial five supported assets: KAVA, axlETH (ETH), axlBTC (BTC), ATOM, and USDT. In return for contributing these tokens, participants receive KLP, a special liquidity token representing the entire basket. This decentralized structure, combined with the protocol’s AMM, facilitates leverage trading, allowing users to borrow based on the value of their collateral.

“Kinetix’s Perpetual Market boasts a suite of features tailored to cater to sophisticated DeFi users. Its decentralized nature guarantees that positions of any size can be taken with clarity and safety,” said Scott Stuart, Kava Chain Co-founder. “And the KLP token is a nod to traditional liquidity pool systems, ensuring familiarity and ease of use for traders.”

For more updates, follow Kava Chain and Kinetix Finance on X (fka Twitter).

About Kava

Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide.

About Kinetix

Kinetix Finance is building a DeFi Hub featuring perpetual futures trading and the most sophisticated trading instruments on Kava, connecting the major building blocks of decentralized finance. Your best trade, every trade.

Contact

Media Manager
Guillermo Carandini
Kava
g.carandini@kava.io

Stargate Deploys to Kava Chain Unifying Cosmos-Ethereum Liquidity

Georgetown, Cayman Islands, August 28th, 2023, Chainwire

Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond.

Stargate’s success in connecting Ethereum networks is unmatched, with 300x more TVL than the next most-used bridge. Deploying Stargate on the Kava Chain gives DeFi users the most secure and efficient way to move USDt between the Cosmos and Ethereum ecosystems.

The integration ensures that users from any of Stargate’s chains have access to USDt on Kava Chain and every app-chain on Cosmos’s Internet of Blockchains. Ease-of-use features like single-click transfers and swaps, combined with unified liquidity and instant guaranteed finality, make traversing USDt capital efficient and simple. Stargate’s native asset transaction capabilities ensure a more direct and efficient connection to the Cosmos ecosystem.

“Kava Chain’s growth since becoming the exclusive native USDt hub for Tether has been impressive, with 90 million native USDt issued,” said Scott Stuart, Kava Chain Co-founder. “With Kava Chain now on Stargate, both retail and institutional users who previously had restricted access to certain features on Kava, now have an even broader spectrum of opportunities with USDt.”

Stargate’s involvement, combined with the Kava Chain’s USDt integration, promises to drive growth, increase exposure to liquidity, and open the Kava Chain and Cosmos ecosystems to wider markets, unprecedented usage for the first time.

About the Kava Chain

The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, the Kava Chain is a trusted choice for developers and users worldwide. 

For more updates, follow Kava Chain on X (fka Twitter).

About Stargate

Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. With Stargate, users & dApps can transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality.

Contact

Media manager
guillermo carandini
Kava
guillermo.carandini@kava.io

Supra Introduces a Cross-chain Bridgeless Technology — HyperNova — that Enables Secure Blockchain Interoperability

Zug, Switzerland, August 28th, 2023, Chainwire

Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of HyperNova, its new bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology allows blockchains to connect interoperably without the need for a centralized bridge.

“HyperNova is a major breakthrough for the blockchain industry,” said Joshua Tobkin, CEO of Supra. “It eliminates the need for centralized bridges, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology makes blockchain connections more secure, reliable, and scalable via L1 to L1 cryptographic consensus.”

HyperNova bridgeless technology works by using Supra’s novel, low-latency, consensus algorithm, known as Moonshot Consensus, to understand the underlying cryptographic signatures of interacting chains. This allows Supra to provide a secure, reliable, and scalable cross-chain consensus that is strictly better than traditional bridge designs.

Benefits of Supra’s HyperNova Bridgeless Tech

Supra’s HyperNova offers a number of benefits over traditional centralized bridges, including:

  • Increased security: HyperNova eliminates the need for a centralized bridge, which can be a single point of failure. Instead, Supra directly verifies that cryptographic signatures of the source and destination chains, which provides L1 to L1 security guarantees. 
  • Improved scalability: Bridgeless tech is more scalable than traditional centralized bridges. This is because Supra itself is a high-throughput IntraLayer that can handle many cross-chain consensus requests simultaneously. 
  • Enhanced capabilities: Supra’s HyperNova multi-chain solution enables novel cross-chain use cases that are not possible in bilateral (one-to-one) solutions.

Use Cases for Supra’s HyperNova

Bridgeless tech can be used for a variety of use cases, including:

  • Cross-chain DeFi: HyperNova can be used to enable cross-chain DeFi, which allows users to transfer assets and interact with DeFi applications across different blockchains.
  • Cross-chain gaming: Bridgeless tech can be used to enable cross-chain gaming, which allows players to transfer their in-game assets or NFTs across different blockchain-based games.
  • Cross-chain oracles: HyperNova can be used to enable cross-chain oracles, which provide secure and reliable data feeds to DeFi applications across many ecosystems.

About Supra

Supra is building a low-latency interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. Supra, as a vertically integrated IntraLayer™, enables a shared security paradigm across a variety of oracle services. This includes securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, smart contract execution, and more. 

After thousands of hours of R&D and simulations, Supra’s technical breakthroughs are solving the Oracle Dilemma and optimizing network performance across the board in terms of security, throughput, time to finality, composability, and programmability. Supra has taken an academic approach to development, which has been an integral part of the organization’s commitment to advancing Web3 performance and security. This is characterized by a commitment to deep research, transparency, and going through a rigorous peer-review process in every design and product released.

Dr. Aniket Kate, inventor of KZG Commitments utilized in Ethereum L2 Data Availability solutions, and the Supra team are diligently composing new whitepapers, so there are still many novel solutions in the pipeline soon to be publicized. To learn more about Supra and participate in their gamified learn-to-earn program, visit Countdown to Blastoff. Lastly, sign up for the whitelist for an opportunity to be notified in advance of any possible future token offerings and for more alpha. 

Contact

Eli Phoenix
Supra
marketing@supraoracles.com

Shiba Memu Ignites the Crypto World: $2M Presale Surge as Meme Coin Races Towards Listing

London, United Kingdom, August 21st, 2023, Chainwire

Shiba Memu, a dynamic new cryptocurrency meme coin supported by AI, is causing a stir as its presale surpasses the impressive $2 million fundraising milestone. This remarkable achievement was further spurred by the recent news it would list on BitMart, a renowned crypto exchange, all within the first month of the presale’s launch.

The inception of the Shiba Memu AI stems from the team’s previous experiences with exorbitant marketing agency fees. This motivated Shiba Memu to develop a self-promoting AI solution capable of adapting to various practical applications.

Presently at $0.021700 per token, Shiba Memu’s price experiences scheduled increments every 24 hours due to the team’s well-crafted smart contract. This mechanism is particularly appealing to presale supporters, as it ensures that the token purchase price remains lower than the eventual listing price on exchanges. For instance, if purchased today at $0.021700, the increase by the end of the 60-day presale would amount to 10%.

Those interested can acquire SHMU tokens via the official Shiba Memu website.

The Surge of Shiba Memu: Unleashing AI Potential

Shiba Memu’s remarkable success can be attributed to its untapped AI potential. In its nascent stages, the AI employs Natural Language Processing (NLP) and Sentiment Analysis to scour the web, primarily focusing on social platforms, for mentions of Shiba Memu. It tailors its promotions accordingly, transforming the brand from a simple cute dog meme to an amusing and engaging one, infused with a sharp sense of humor. The project’s forthcoming AI dashboards scheduled for Q4 further stimulate investor interest in meme coins with tangible utility.

The project’s tokenomics demonstrate a robust structure, with 85% of tokens allocated to the presale, 10% to exchange listing liquidity, and 5% to development. This allocation empowers SHMU holders to actively participate in the future development of the dApp.

Crypto Community Propels Shiba Memu’s Soaring Engagement

In the recent video shared by influencer, CryptoPRNR, Shiba Memu was featured among the top four cryptocurrencies predicted to perform well in the next bull run. Additionally, Shiba Memu was also showcased as the best meme coin to buy in 2023 on investing website Invezz. This recognition highlights the project’s strategic advancements and AI-driven capabilities, solidifying its position as a competitive player in the crypto market. The inclusion of Shiba Memu in this selection also reflects the growing interest and attention directed towards AI-powered crypto projects within the broader cryptocurrency community.

The Shiba Memu presale is approaching its closing date on the 1st of September. At this juncture, the price is set to reflect an increase of 119% from its launch price, moving from $0.011125 to $0.024400.

About Shiba Memu

Shiba Memu (SHMU) is a fresh dog-themed crypto meme coin that supports a platform utilizing AI to promote itself and generate buzz in online communities. This technology is poised to gain traction within the blockchain industry in the coming years, establishing Shiba Memu’s position as an industry innovator. The innovative AI technology behind the project demonstrates true innovation in the meme coin sector, offering small and medium-sized businesses access to effective marketing solutions that could significantly cut costs and provide a competitive advantage.

To learn more, or to buy SHMU, visit: Website | Whitepaper | Socials

Contact

Shiba Memu Team
Shiba Memu
contact@shibamemu.com

BinaryX Hackathon: US$25,000 Cash Prizes For Gaming Developers Looking to Shape the Future of GameFi

Singapore, Singapore, August 21st, 2023, Chainwire

BinaryX, a leading GameFi and IGO platform, announced today their first-ever hackathon event. BinaryX Online Hackathon 2023 is designed to encourage creativity, innovation, and collaboration among developers within the GameFi community, with the aim of discovering the next wave of GameFi advancements.

BinaryX called for both emerging and established developers to showcase their projects and contribute to the growth and evolution of the GameFi ecosystem.

BinaryX Online Hackathon Details

The objectives of the BinaryX Online Hackathon 2023 are as follows:

  • Innovation: Exploring innovative gaming concepts and solutions that have the potential to reshape the blockchain gaming sector.
  • Talent Recognition: Recognizing the talents of developers within the blockchain gaming community, celebrating their contributions to the industry.
  • Community Interaction: Creating an environment for networking, collaboration, and shared learning among participants within the BinaryX community.
  • Promotion of IGO Ecosystem: Highlighting the various opportunities within BinaryX’s IGO platform to inspire participants to explore new avenues of innovation.

Over $25,000 in Cash Prizes, Additional Rewards to be Won

The Hackathon features an appealing prize pool exceeding $25,000 in cash to recognize exceptional talent within the blockchain gaming realm. However, the benefits extend beyond monetary rewards:

  • Potential Funding: Outstanding projects have the chance to secure funding of up to $500,000.
  • Expert Guidance: Participants have the unique opportunity to be mentored by industry experts, benefiting from BinaryX’s wealth of experience.
  • Social Media Exposure: Winning projects will be showcased on BinaryX’s influential social media channels, providing valuable visibility.
  • Hands-On Mentorship: Industry veterans will offer guidance and mentorship, helping participants refine their projects and ideas.
  • Partner Discounts: Winners will join BinaryX’s IGO Developer Community, and stand to receive an additional amount of over $10,000 in credits from various partners such as Salus Security to support the growth of the projects. More partnership announcements will be revealed at a later date.

“The BinaryX Online Hackathon 2023 isn’t just a competition,” Rudy, Head of Growth said. “It’s an investment in the future of blockchain gaming. We invite developers to join us on this journey to uncover groundbreaking GameFi innovations, collaborate within our thriving community, and bring their ideas to the forefront of the industry.”

The BinaryX Online Hackathon 2023 is open to creators and visionaries worldwide. Interested participants can register on BinaryX’s website, where they will find comprehensive information about the event, rules, schedules, and more.

As the excitement builds for this event, BinaryX extends its invitation to developers, gamers, and blockchain enthusiasts to come together, innovate, and play a role in shaping the future of GameFi.

About BinaryX

BinaryX is a leading GameFi and IGO platform committed to delivering cutting-edge gaming experiences backed by blockchain technology.

Offering Initial Game Offering (IGO) services, BinaryX gives game developers the opportunity to launch their GameFi projects on their platform, and for users to get early access to innovative new games.

As one of the top 10 projects on the BNB Chain, BinaryX has a vast community of more than 100k coin holders and 30K monthly active wallets. With the token BNX, BinaryX is also one of the top few metaverse projects by trading volume on the BNB chain, with a strong market cap.

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

Our Socials: Discord | Telegram | Twitter | Medium

Check out our games on BinaryX’s Offical Website and YouTube

Contact

Communications Lead
Kora
BinaryX
marketing@binaryx.pro

Ethereum-Based BTCX Token Raises $1.5M to Build the World’s First Bitcoin Xin Blockchain

Granite city, U.S. Outlying Islands, August 14th, 2023, Chainwire

BTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured $1.5 million in pre-seed and seed funding to address inefficiencies in the cryptocurrency market. With the aim of upgrading Bitcoin by introducing hyper-deflationary features, BTCX Token seeks to redefine the future of cryptocurrency, tackling key challenges such as volatility, inefficiency, scalability, and sustainability.

The recently concluded funding, with a valuation of $10 million, is backed by prominent names in the industry by following the steps of the early-staged Bitcoin, enabling BTCX Token to fully enhance its technological foundation and expand both within and outside the cryptocurrency ecosystem. The involvement of experienced Advisory Board members ensures that BTCX Token will solidify its innovative presence in the market.

BTCX Token’s unique approach in the form of the combustion model represents a systematic means of controlling supply. By permanently reducing the circulating supply through burning, it creates a scarcity that drives value, echoing transformative moves by tech giants and industry leaders. Unlike arbitrary burning mechanisms, BTCX Token’s strategy is thoughtfully aligned with its core ideology, crafting a stable and thriving cryptocurrency ecosystem that promises future appreciation.

The BTCX Token also introduces a novel concept in staking, offering investors a chance to earn BTCX tokens passively by holding them using BTCX’s disrupting algorithm. This simplification and democratization of staking marks a significant milestone, setting it apart from more traditional and volatile avenues. By rewarding stakers, BTCX Token aligns user interests with network growth, creating a mutually beneficial environment. This alignment of incentives fosters community participation and engagement, a crucial factor for enduring success in the rapidly changing crypto world.

The Tokenomics of BTCX Token are intricately woven into the fabric of its design, ensuring long-term viability and a deep commitment to growth. With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 BTCX Token for presale, 8,610,000 BTCX Token for burning, 5,040,000 BTCX Token as a reward for staking, and 2,100,000 BTCX Token for liquidity. The presale of BTCX Token Token allowed investors to buy at attractive prices, reflecting the community’s confidence in this groundbreaking project. By staying attuned to market needs and trends, BTCX Token demonstrates adaptability, a vital factor in the rapidly evolving crypto landscape.

The platform’s ideology is firmly rooted in inspiration and innovation, and it’s poised to pave the way for the next Bitcoin era, offering solutions, opportunities, and a vision for the future. By focusing on adaptability, security, and performance, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is leading the charge.

After months of development and testing, BTCX Token is ready to embark on a new chapter in crypto history, signifying a leap in thinking and evolution in the cryptocurrency space. As the project’s public mainnet is set to open, the world watches with anticipation, recognizing BTCX Token as more than just a new Token; it’s the beginning of a new era.

For more information about BTCX Token, please visit: BTCX.IO

About BTCX Token

BTCX Token is more than just a cryptocurrency; it signifies a leap in thinking and an evolution inspired by innovative leadership. By addressing industry needs and introducing innovations in staking, combustion, and presale strategies, BTCX Token is poised to pave the way for the next Bitcoin era.

Website | Twitter | Telegram

Contact

PR
Mason Callahan
Bitcoin Xin
pr@btcx.io

Introducing TON Space – Self-Custody Wallet in Telegram, Available to Developers Now

Dubai, United Arab Emirates, August 9th, 2023, Chainwire

Wallet, the TON-based application in Telegram Messenger, announces the launch of TON Space, a new self-custody wallet, that gives users complete control of their digital assets. In tandem with this upcoming product comes the opening of a waitlist for developers to integrate with TON Space in beta. 

By joining the waitlist today, developers will be the first to access TON Space for integration into their apps. With TON Space, developers will be able to build apps with the user interface in Telegram and its seamless blockchain integration with the TON Space wallet. This way, the entire user experience, from onboarding to Web3 and then using the application, would exist within the Telegram app. This provides a comprehensive solution to Web3 builders around the world while addressing the main obstacles of crypto adoption: access to audience and frictionless onboarding. Developers should prepare their apps for the TON Space consumer launch, which is expected to go live by the end of Q3 2023. By this time, the Wallet team is planning to support NFT Collectibles and swapping services.

“The developers’ beta is a critical moment in launching the first self-custodial wallet built into a thriving Web2 platform,” says Jordan Dunne, Head of DeFi at Wallet. “The introduction of TON Space will allow blockchain developers to build Web3 services that feel like the intuitive mobile app experiences users have every day. Easy-to-use and all without ever leaving Telegram, with 800 million users every month, this opens up a staggering growth opportunity for builders.” 

“The launch of TON Space is a significant milestone that establishes a new infrastructure layer for the TON ecosystem,” says Justin Hyun, Director of Growth at TON Foundation. “The power to build decentralized applications and bots fully integrated inside of Telegram cannot be underestimated. These services, and their users, will now enjoy the infinite possibilities that come with the power to store, manage, and trade assets within Telegram.”

The self-custodial wallet, TON Space, is the most eagerly requested feature by users who wish to have the full capability of the TON blockchain right within Telegram. One of the unique benefits of TON Space is that users will be able to connect their self-custodial wallet to apps built on Telegram, all contained within one ecosystem.

Developers and enthusiasts seeking to integrate Wallet features into their apps are invited to apply for the beta today: wallet.tg/ton.

About Wallet

Wallet is the definitive user-friendly platform for managing digital finances efficiently. An independent team of Web3 developers has harnessed the power of The Open Network (TON) Blockchain’s technology to create Wallet, delivering a streamlined onboarding experience and gateway to Telegram Messenger app – used by 800 million people globally, every month. 2.5M+ Wallet users can effortlessly store, send, and receive digital currencies, all on a single autonomous platform within the familiar interface of Telegram Messenger. Managing crypto assets is now as simple as sending a text message.

At Wallet, we’re committed to providing our customers with more flexible and inclusive access to digital assets management. Whether you’re a crypto novice or seeking to simplify your crypto experience, Wallet is crafted with your needs in mind.

About The Open Network (TON)

The Open Network is the blockchain system built for opportunity; originally developed by the messaging platform, Telegram Messenger. Designed to power millions of transactions per second near-instantly, TON is built enterprise-ready for the onboarding of billions of users with low fees and easy-to-use apps natively built in Telegram. Today, the TON blockchain’s architecture is supported by the TON Foundation to operate various programs including peer-to-peer, distributed storage, service hosting technologies, and more. To learn more, visit: ton.org.

Contact

Ryan Dennis
TON Foundation
Press@ton.org
+1 (914) 309-5774