Abu Dhabi, Abu Dhabi, May 14th, 2024, Chainwire
Liminal Custody, a leading provider of digital asset custody and wallet infrastructure solutions, announced a landmark achievement today, the acquisition of Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This prestigious license is a significant milestone in Liminal’s journey, solidifying its commitment to regulatory compliance and innovation within the burgeoning digital asset space.
Obtaining the FSP positions Liminal as a trusted partner for institutions seeking secure and compliant solutions for safeguarding their valuable digital assets. Notably, the license grants Liminal the ability to operate as a regulated custodian within the Middle East, a rapidly growing financial hub. This expansion broadens Liminal’s reach and allows it to serve a wider range of clientele seeking best-in-class digital asset custody solutions.
Building Trust Through Regulatory Compliance
Mahin Gupta, Founder of Liminal Custody, expressed his satisfaction with the achievement, stating, “We are honored to receive the ADGM FSP license. This accomplishment represents the culmination of significant effort on behalf of our entire team, all dedicated to upholding the highest regulatory standards. Building trust within the digital asset industry, which is undergoing rapid evolution, is a core tenet of our mission. The ADGM FSP license serves as a powerful validation of our commitment to compliance. We are confident that this achievement will further empower us to deliver best-in-class custody solutions to our clients, ensuring the continued security and integrity of their digital asset holdings.”
The Symbiosis of Compliance and Innovation
The digital asset industry is experiencing exponential growth, with a corresponding demand for regulatory clarity to foster long-term stability and mainstream adoption. Liminal believes that a robust regulatory framework, when coupled with continuous innovation, is the cornerstone for building a secure and thriving digital asset ecosystem. By adhering to stringent regulations, Liminal ensures the safety and security of client assets, while its unwavering commitment to innovation allows it to develop cutting-edge solutions that address the evolving needs of the digital asset landscape. This two-pronged approach – prioritizing both regulatory compliance and technological advancement – positions Liminal as a leader in the digital asset custody space.
Commenting on Liminal achievement, Arvind Ramamurthy, Chief of Market Development at ADGM said: ” We congratulate Liminal on completing its licensing process and receiving the required Financial Services Permission (FSP) from the FSRA of ADGM. Liminal’s focus on regulatory compliance and innovative solutions in the space of digital assets aligns with ADGM’s vision for fostering a dynamic and trusted financial ecosystem that prioritizes upholding the highest standards of security and innovation. We look forward to witness Liminal’s contribution to the growth of the digital asset industry in Abu Dhabi and beyond.”
Amir Tabch, CEO of Liminal Custody Middle East and Senior Executive Officer of the Category 3C ADGM-regulated entity First Answer Middle East Limited, remarked: “Earning the ADGM FSP license is a clear indicator of Liminal’s ironclad dedication to compliance and innovation. This achievement not only positions us at the forefront of digital asset custody but also signals our pivotal role in its future evolution. By equally valuing regulatory compliance and technological progress, we aim to equip institutions with the confidence to explore the digital asset realm, tapping into its vast, transformative potential. This milestone is a springboard for Liminal’s continued growth and a significant contribution towards the digital asset industry’s maturity.”
About Liminal Custody
Liminal is a compliant and insured digital asset custody and wallet infrastructure provider that provides both MPC wallets and multi-sig wallets. Launched in April 2021, Liminal is a CCSS Level 3, SOC Type 2 and ISO 27001 & 27701 certified organization. Liminal is based in Singapore, has operations spread across APAC MENA and Europe, along with offices in Singapore, India and UAE.
Liminal takes pride in supporting businesses with their qualified and insured digital asset custody platform, which enables stress-free safekeeping of digital assets for institutions. Liminal also provides a cutting edge wallet infrastructure platform that is secure, compliant and automated and comes with a plug-and-play architecture for faster onboarding of developers, business partners and government agencies.
About Abu Dhabi Global Market (ADGM)
The Abu Dhabi Global Market (ADGM), an international financial center (IFC) located in Abu Dhabi, the capital city of the United Arab Emirates, opened for business on 21 October 2015. Established by a UAE Federal Decree as a comprehensive financial center, ADGM enhances Abu Dhabi’s stature as a global trade and business hub. It serves as a strategic connector between the burgeoning economies of the Middle East, Africa, and South Asia, and the rest of the world.
ADGM’s strategy leverages Abu Dhabi’s key strengths in areas such as private banking, wealth management, asset management, derivatives and commodities trading, financial innovation, sustainability, and more. It comprises four independent authorities: the ADGM Authority, ADGM Courts, the Financial Services Regulatory Authority, and the Registration Authority. As an IFC, ADGM governs the entire 114 hectares (1.14 square kilometers) of Al Maryah Island, a designated financial free zone.
Contact
Sr. Manager – PR & Communications
Akansha Sharma
Liminal Custody
akansha@liminalcustody.com
London, United Kingdom, May 13th, 2024, Chainwire
Robert Kiyosaki, the renowned businessman and best-selling author of the educational series, ‘Rich Dad Poor Dad’, joins Andrew Maguire, on this week’s episode of Live from the Vault.
This week, a precious metals commentary show hosted by the renowned London whistleblower takes viewers through the current economic landscape and explains how everyone can take steps to preserve their wealth.
“I save gold and silver. I don’t save dollars.”
Kiyosaki speaks on how everyday people are accustomed to spending and saving in centralised, bank-issued fiat currency, commonly referred to as ‘paper money’.
“My mom and dad had no idea,” says Kiyosaki. The everyday person can’t necessarily see the difference between “real money and fake money”.
He continues, “… they hung on to paper again, their college degrees… People have been conditioned and programmed to take paper instead of the real stuff, which violates Gresham’s law.”
Gresham’s law states that when ‘bad money’ enters a system, people hold onto ‘good money’, which sees valuable assets like gold and silver, exit the system.
Kiyosaki explains how paper assets, such as Dollars, Pounds or Yen are subject to large-scale currency devaluation due to central bank money printing. He contrasts saving in fiat and paper assets with the ownership of hard assets, such as real estate and precious metals.
Kiyosaki comments, “I save gold and silver. I don’t save dollars”, an approach he has taken since his time as an army pilot in Vietnam, which coincided with Nixon’s closing of the gold window in 1971.
BRICS Central Bank Gold Demand
Discussing the BRICS nations, Kiyosaki highlights a growing division between the East and the West, with Eastern nations like Russia and China accumulating gold to create a currency backed by the precious metal.
The Evolution of Money
The conversation concludes with an evaluation of the Kinesis ecosystem; a sustainable and fair monetary alternative, that has already proven its potential in helping users globally counter the impact of a fiat-based economy.
Kinesis’ gold and silver-based currencies, KAU and KAG are backed by fully allocated, fully audited gold and silver, which is made universally spendable by card, through leveraging blockchain technology.
Kiyosaki voices his enthusiasm about Kinesis’ capacity to easily allocate a portfolio between gold and silver, spend on a debit card – and get paid every month through Kinesis’ innovative yields system.
He calls Kinesis a game-changer, deeming it “the evolution of money”.
This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.
About Kinesis Money
Kinesis is an end-to-end monetary system based 1:1 on physical gold and silver. Founded in 2017, Kinesis formed a strategic partnership with Allocated Bullion Exchange with institutional metals exchange trading globally for over a decade.
With $10B traded since 2021, Kinesis has driven rapid expansion on a global scale, amassing a client base across 150+ countries.
Through robust vaulting infrastructure and innovative financial technology, Kinesis reintroduces gold and silver as money. The platform enables citizens worldwide to protect their wealth outside of the volatility of the traditional banking system.
Contact
Zubair Bukhari
Kinesis Money
zubair.bukhari@kinesis.money
Two months after the highly anticipated Dencun upgrade, Ethereum has seen a shift in its Ether supply dynamics, no longer exhibiting deflationary characteristics.
According to CryptoQuant data, the total supply of Ether grew slightly from 120 million on March 12 to 120.1 million by May 7, marking the first inflationary trend since the Merge transition in September 2022.
The Merge was a significant shift for Ethereum, moving from a proof-of-work to a proof-of-stake consensus model.
This change included a mechanism for burning transaction fees, which initially led to a deflationary supply of Ether.
Since the implementation of the Merge, over 419,713 ETH has been permanently removed from circulation, based on data from ultrasound.money.
The recent Dencun upgrade, however, has reduced the median transaction fees by up to four times, despite maintaining the same level of network activity.
This reduction in fees has resulted in a decrease in the amount of Ether being burned, contributing to the increase in total supply.
READ MORE: U.S. Regulators Increase Scrutiny on Crypto Firms Amid Rising Market Manipulation Concerns
As noted in a CryptoQuant report from May 8, “The Dencun upgrade has made ETH inflationary again, potentially killing the narrative of ‘Ultra sound’ money as a structurally lower amount of transaction fees burned on Ethereum have had the corresponding effect of not decreasing the total supply of ETH to keep it deflationary.”
Ki Young Ju, founder and CEO of CryptoQuant, emphasized on May 9 that the loss of deflationary status is not particularly critical for Ethereum’s broader ecosystem.
He stated in an X post, “Post-Dencun upgrade, ETH lost deflationary status with reduced fees, departing from ‘ultrasound money.’ Ethereum’s strength lies in DApps; it’s wiser not to compare it to Bitcoin’s sound money narrative.”
This development signals a shift in the economic dynamics of Ether but does not undermine the foundational benefits of the Ethereum network, particularly its application in decentralized applications (DApps).
While the narrative of ‘ultra sound’ money may be diminishing, Ethereum’s core utility and innovation in decentralized solutions continue to hold strong.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Donald Bitcoin (DONBTC) presents a similar opportunity for a limited time.
Donald Bitcoin (DONBTC), a newly launched Solana memecoin, is poised to explode over 11,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
DONBTC will be listed on MEXC, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Donald Bitcoin.
Currently, Donald Bitcoin can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy DONBTC on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Bitcoin by entering its contract address – 7nErZV74Y8L7zz1thKUczBniWMnLc74gQMdzbWnhr95e – in the receiving field.
DONBTC currently has a market cap of just under $15,000, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
London, UK, May 10th, 2024, Chainwire
Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain.
Aleph Zero is a permissionless Layer-1 blockchain that combines a Proof of Stake (PoS) consensus mechanism with a Directed Acyclic Graph (DAG) for scalability, security, and efficiency. Its advanced privacy features include zero-knowledge proofs (ZK-SNARKs) and secure multi-party computation (sMPC) within the Liminal privacy layer.
About Kintsu
Kintsu aims to reshape the DeFi landscape with its next-generation liquid staking platform, empowering users to stake their assets while maintaining liquidity. By leveraging Aleph Zero’s state-of-the-art security and unparalleled transaction speeds, Kintsu provides unmatched flexibility and efficiency in liquid staking.
A recipient of the Aleph Zero Ecosystem Funding Program, Kintsu is recognized as a pioneer within the Aleph Zero, INK, and Substrate ecosystem. With a focus on decentralization, and security, Kintsu aims to redefine liquid staking, providing DeFi users with a efficient, scalable, liquid, and composable staking solution.
Key Features of the Kintsu Testnet
– Exclusive Early Access: A select group, including the Kintsu OGs, will have the opportunity to participate first, offering focused feedback to enhance the platform iteratively.
– Seamless Staking Process: Users can stake their tokens with ease and have them allocated among carefully selected validators for optimal security and efficiency.
– Innovative Unstaking and Batching Process: Unstaking requests are collected over a 48-hour period before being batched, followed by a standard 14-day unbonding period. Participants can cancel their requests until they are batched.
– Claimable Gas Rewards: Following the unbonding period, participants can claim gas rewards from the Liquid Staking Tokens (LSTs) initially escrowed.
– Comprehensive Wallet Support: Participants can utilize wallets like Aleph Zero Signer, Nightly, Subwallet, Talisman, and Polkadot{.js}.
Hats Finance Audit Competition:
Kintsu has partnered with Hats Finance, a decentralized cybersecurity network, to conduct an audit competition on the contracts that will be deployed on the Testnet. The competition features a bounty of $40,000, incentivizing ethical hackers and security experts to identify and report vulnerabilities. This initiative ensures that Kintsu’s contracts are thoroughly vetted before their mainnet launch, maintaining the highest security standards as Kintsu pioneers the future of liquid staking.
Participation and Feedback:
Kintsu invites its community to actively participate in the Testnet, exploring its innovative features and providing crucial feedback. This feedback will play a significant role in enhancing the platform’s user experience.
Connecting with the Kintsu Community
Users can stay updated on the latest developments and engage with other like-minded individuals by joining the Kintsu Discord community and following on Twitter. Insights and feedback from the community are crucial in shaping the future of DeFi.
Contact
Director of Growth
Alexios Konstantinidis
Kintsu
hello@kintsu.xyz
Shiba Doge Hybrid (SHIDOGE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Shiba Doge Hybrid (SHIDOGE), a new Solana memecoin that was launched today, is poised to explode over 8,000% in price in the coming days.
This is because SHIDOGE has announced its first centralized exchange listing, which will be on MEXC.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Shiba Doge Hybrid (SHIDOGE) can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Shiba Doge Hybrid (SHIDOGE) could become the next viral memecoin.
To buy Shiba Doge Hybrid on Raydium or Jupiter ahead of the MEXC listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for SHIDOGE by entering its contract address – 797CmcxqkLZaSjMd7MdyNZ9swuSzaGdYWkJ65jehiXWa – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like SHIDOGE.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK), and Dogecoin (DOGE) made astronomical returns, and Andrew Tate Coin (ANDTATE) presents a similar opportunity for a limited time.
Andrew Tate Coin (ANDTATE), a newly launched Solana memecoin, is poised to explode over 16,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
ANDTATE will be listed on MEXC, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Andrew Tate Coin.
Currently, Andrew Tate Coin can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy ANDTATE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Andrew Tate Coin by entering its contract address – Cp7qyqdzXAqF7fqKXzS8LwTE7JQvh2V3vYGnDdx6j4ii – in the receiving field.
ANDTATE currently has a market cap of just under $20,000, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
New York, New York, May 7th, 2024, Chainwire
Spectral is excited to announce its participation in Hugging Face’s Expert Support Program. Spectral is collaborating with deep learning experts from Hugging Face to advance open-source models, datasets, and applications for the Onchain Agent Economy.
How to use Hugging Face
Hugging Face plays a critical role across Spectral’s organization. Through the Expert Support Program, Spectral regularly meets with the Hugging Face team to plan new use cases, strategize dataset construction, and develop training strategies.
Earlier this year, Spectral launched Syntax, which is composed of a fine-tuned LLM orchestrator that routes queries between several tools, including search, Foundry, and an open-source model to generate Solidity code. Building Syntax required custom datasets for both finetuning and RAG, an original Solidity evaluation dataset written by elite smart contract developers, and experimentation across a wide range of open and closed-source models.
Spectral’s approach to dataset preparation, training, routing, and evaluation has drastically improved during this process, largely due to help from Hugging Face experts. Regular discussions on Spectral’s approach mean that the company always receives impartial feedback on its decisions and can reevaluate its strategy as needed. This was important for both the finetuning and evaluation steps, which have now gone through several rounds of improvement thanks to the Hugging Face team.
Spectral also relies on Hugging Face for inferences in production through dedicated Inference Endpoints. The fully managed infrastructure allows Spectral to iterate on new models quickly, easily update container and hardware configurations, autoscale with demand, and keep production costs low.
Over the coming months, Spectral is excited to continue to open-source its work with onchain datasets and models that interact onchain through Hugging Face. Users can view Spectral’s training dataset for the credit scoring challenge and follow its progress here.
The Onchain Agent Economy
Syntax is pioneering the accessible onchain Agent Economy, inviting users to select agents tailored for their specific tasks. Users can either interact with the foundational agent to generate solidity code or opt for one of the specialized agents, each adept in distinct tasks. For example, we recently launched Syntax MoonMaker, an agent that launches a memecoin project end to end, and are soon launching Syntax- TestMachine, an agent that detects vulnerabilities in your smart contracts. Many such agents are currently in production, and upcoming releases of our product will allow users to create their own agents and monetize them on the Syntax network.
This system relies on a vast suite of functions available to language models, open-source models for tasks like classification and image generation, fast and reliable blockchain infrastructure, and a trustless system to execute and verify each step. To solve these problems, we’ve begun developing the Inferchain, optimized to serve the rapidly growing demand for agents and verifiable inferences.
Hugging Face Users joining the Onchain AI community
The importance of open collaboration cannot be overstated. Like many other projects, Spectral would not exist without the work of open-source contributors. Spectral is greatly indebted to everyone who makes this work possible and believes this positive impact should be recognized.
As part of this engagement, Spectral is focusing specifically on users powering the AI community. The top individual and small organization contributors on Hugging Face, measured by likes and downloads of their models and datasets, are eligible to register to claim a share of SPEC tokens starting the week of May 6th. Users can check eligibility by signing in with their Hugging Face account here. A snapshot of activity was taken last month, and eligible users will not need an existing wallet to claim. This airdrop is designed to recognize users for their critical work and enable new functionality for the next generation of AI tools.
Criteria
Spectral reviewed all individual contributors from organizations with less than 10 members that published models or datasets. From these, Spectral took a combined measure of activity from likes and downloads for both models and datasets. Then, Spectral identified the users with the most combined activity from both model and dataset publishers (11298 in both categories) which resulted in a final list of 20,004 unique huggingface users.
Spectral is looking forward to engaging further with the open-source community and building the future of AI x web3!
https://claims.spectrallabs.xyz/
About Spectral
Spectral, a pioneer of the agent economy behind Syntax, is at the forefront of integrating AI with blockchain to democratize development in Web3. Spectral’s mission is to simplify the creation and deployment of decentralized applications through autonomous Onchain Agents. Syntax, Spectral’s flagship product, translates natural language into Solidity code, enabling both novices and experts to build on the blockchain effortlessly. With a commitment to transparency and user empowerment, Spectral is shaping a future where anyone can participate in the blockchain revolution. Join Spectral in making this vision a reality and explore the potential of autonomous agents. For more information, visit https://spectrallabs.xyz
For more information, users can follow Spectral on Twitter and Discord.
Contact
Spectral Labs Team
contact@spectral.finance
Milan, Italy, May 7th, 2024, Chainwire
Cryptocurrency casino platform TG.Casino and iconic Italian football team AC Milan announced they have struck a new partnership this week.
TG.Casino Announcement
In a May 6 tweet, the @TGCasino_ account on X posted:
‘TG Casino is proud to formally announce our new partnership with AC Milan joining them as their iGaming partner in Europe. Players at TG Casino will soon be able to win money can’t buy AC Milan experiences and merchandise!’
The acmilan.com website posted a press release the same day:
‘AC Milan and TG.Casino are delighted to announce a new partnership, which sees the online casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe. Thanks to this new partnership, $TGC token holders will have the chance to win lots of experiences offered by the Rossoneri club.’
The football club went on to add that $TGC holders will have chances to win official AC Milan jerseys, visits to the Milanello training centre, VIP access at the San Siro stadium and more ‘bespoke experiences’ that bring them closer to the club.
Players at the top crypto casino also took to Twitter to note that the partnership could be important for TG.Casino and it’s native token ($TGC), thanks to the increased exposure for the Telegram compatible crypto casino app.
New Crypto Casino Continues Giving Back To Players
TG.Casino is a relatively new crypto casino, founded in 2023 and holding an ICO for its $TGC utility token in September of that year.
Listed on Uniswap on January 5th, 2024, the $TGC token price raised over 10% hours after the AC Milan partnership was announced on the 6th May before getting back to the pre-announcement levels the day after.
The existing use cases of $TGC according to CoinMarketCap include ‘cashback on losses and staking rewards’ for holders – a portion of the crypto casino’s profits are used to buy back $TGC on the open market, 40% of which are then burned to lower the circulating supply and 60% of which are added to a staking pool.
Now following the partnership, AC Milan also described $TGC as a ‘fan engagement tool’.
TG.Casino also launched an NFT collection on OpenSea in 2024, holders of which have their casino rewards multiplied further.
About TG.Casino
Licensed in Curacao, TG.Casino has been ranked the top no KYC casino on leading tech blogs for its innovative Telegram bot that allows for instant play anywhere in the world of over 5,000 games, with no verification requirements.
That was echoed by AC Milan following its May 6 announcement that TG.Casino will be its new regional iGaming partner, who stated the partnership ‘catapults TG.Casino into the top ranks of GameFi by bringing the brand into the living rooms and onto the mobiles of tens of millions of consumers all over Europe.’
Since its 2023 launch the platform took a different, novel approach to other new crypto casinos and developed its platform primarily on Telegram, in order to provide complete anonymity and seamless mobile play.
TG.Casino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Contact
TG.Casino
contact@tg.casino
Singapore, Singapore, May 7th, 2024, Chainwire
As the digital dawn of gaming rises, the visionary minds behind DECIMATED are ecstatic to unveil their groundbreaking foray into the desolate yet captivating future of online gaming. DECIMATED, a novel 3rd person PvP and PvE online game experience, invites players to an unprecedented journey through a vast dystopian landscape. Offering freedom for players to explore this post-apocalyptic playground, DECIMATED opens up a realm where players craft their own fate as human citizens struggling for survival or cyborg cops enforcing order in a world where nature and technology collide in chaos.
A New World Awaits: Immersive Gameplay and Unparalleled Adventure
At the heart of DECIMATED lies a richly designed, immersive world that tests each player’s survival instincts at every turn. Players engage in a relentless battle for existence against the apocalyptic aftermath, populated by mutated creatures, environmental hazards, and rival survivors. This rich narrative is further enhanced by offering players the opportunity to salvage advanced technology, uncover hidden treasures, and navigate the perils of a fractured society on the brink of rebirth.
DECIMATED stands as a testament to survival, strategy, and resilience, offering a sandbox of endless possibilities. Whether patching up a battle-scarred vehicle, building impenetrable bases, to navigating the treacherous markets of this new world, players can embrace the lawless land, facing off against deranged robots, monstrous bio-entities, and other mutants, all while forging alliances or rivalries with other players to carve out a semblance of civilization amid chaos.
Backed by 46 Investors and a Growing Community
Decimated received an Epic Mega Grant and was backed by 46 investors in December 2021 after the studio was self-funded as an indie start-up for 3 years. Developers Fracture Labs were offered $34M from 180 investors and accepted $3.5M from VC’s including Mechanism Capital, Spartan Capital, Polygon Ventures, Good Games Guild, Israel Blockchain Association, Dutch Crypto Investors and Metavest Capital to name a few. Since then, the Decimated community has grown to 60k followers on Twitter and 23k members in Discord, many of whom are participating in the closed alpha testing.
A Quest for Dominance in the Wasteland: The DIO Token
Economic gameplay takes a revolutionary turn in DECIMATED with the DIO token, integrated into the game using the Solana chain, and with interoperability between all of Fracture Labs’ planned games. This creates a real-time digital economy within DECIMATED, incentivizing players for each and every decision made, as well as their efforts within the game itself. Every transaction, trade, and treasure found within this desolate world is valued in DIO, bridging the game to real-world economic principles, making the thrill of loot discovery and trading exponentially more engaging.
The ways to earn in DECIMATED are as varied as the wasteland itself. Players can venture into the unknown, salvaging cargo and lost technology, engaging in both legal and illicit commerce to claim their fortune. Whether it’s ambushing convoys for loot, undertaking dangerous missions, or trading valuable finds on the virtual market, success in the desolate landscape of DECIMATED demands wit, bravery, and a keen sense of strategy. Decimated features a leaderboard system that rewards the best performing players, whether they play solo, in guilds or clans.
A Game Forged for the Future at Token2049 Dubai
In a recent announcement, DECIMATED confirmed its official sponsorship of Token2049 Dubai, underscoring its commitment to innovation, blockchain technology, and the burgeoning digital economy, demonstrating their potential for the future from the lens of immersive gaming. This sponsorship accentuates DECIMATED’s commitment to forging a future where gaming transcends mere entertainment to become a cornerstone of digital economies in virtual worlds, allowing players to earn real rewards through tournaments.
The community buzzed with excitement for DECIMATED listing on the Epic Games Store in May 2024. While the official launch date is yet to be announced, the open alpha is pegged for the end of 2024, and the eagerness around this launch grows daily as players and fans are encouraged to keep an eye out for what hopes to be a landmark announcement in online gaming history.
About DECIMATED
DECIMATED is the future of immersive online gaming, offering a dynamic 3rd person PvP and PvE experience within a richly detailed post-apocalyptic world. With its unique digital economy and endless opportunities for exploration, combat, and alliance, DECIMATED invites players to define their legacy in a world where every decision can mean the difference between survival and extinction.
For media inquiries or further information, please visit https://www.decimated.net
Contact
CEO
Stephen Arnold
Fracture Labs PTE Ltd
contact@decimated.net
+35699554901