New York, NY, May 22nd, 2023, Chainwire
World-renowned photographer Chen Man features Grimes in an iconic NFT collection “Silent Noise: Episode 01” on May 24th at 3pm UTC exclusively on LiveArt, the global Web3 platform for art and culture founded by Sotheby’s and Christie’s art market veterans and backed by Binance Labs and Animoca Brands. The collection is offered exclusively on https://chenman.liveart.xyz.
Chen Man, a contemporary photographer and visual artist whom the New York Times called “The Chinese Annie Leibovitz” has created a unique visual language that revolutionized fashion photography in China. Over the years, Chen Man has continuously collaborated with world-leading magazines, including Vogue, Elle, Harper’s Bazaar, i-D, Muse, and more. Chen Man’s works have entered permanent collections at Victoria & Albert (V&A) Museum in London and Asian Art Museum in San Francisco. Chen Man’s works are collected by many high-profile collectors, with prints selling for up to $25,000. In April 2011 Chen Man had a solo exhibition at Beijing Today Art Museum followed by another solo exhibition in Museum of Contemporary Art Shanghai. Chen Man’s muses include Rhianna, Miranda Kerr, David Beckham and Grimes. Louis Vuitton, Gucci, Dior and most of the major fashion houses have partnered with Chen Man.
Chen Man has transcended the fashion world to become an influential contemporary artist. She infuses the legacy of fashion photography with our contemporary digital reality, creating sublime images that transform our perceptions of beauty, fashion and identity.
LiveArt is introducing Chen Man to the global Web3 audiences with the multi-chapter “Silent Noise” NFT series consisting of highly collectible artworks, with an underlying theme of humanity’s and AI’s future, details can be found on LiveArt, accessible at https://chenman.liveart.xyz.
For her genesis digital collection, to be released on May 24th on LiveArt, Chen Man has chosen an iconic shoot with Grimes entitled “The Last AI Robot On Earth” shot the day before Grimes gave birth to X AE A-Xii. Both Grimes and Chen Man share a passion for the study of AI, its origins, and its possibilities. This shared passion fuels the underlying theme of Chen Man’s genesis Web3 project, a multi-chapter experiential deep dive into the imagination of one of the 21st century’s most important artists.
“This NFT collection has allowed me to have more experimentation with photography. I am much more free to impose my own artistic vision into the genre, to push the limits of photography without any constraints. Photography is a fantasy, it allows one to dream, it allows artists to create new worlds. And in creating new worlds we transform the way we think about ourselves,” says Chen Man.
“Just as Beeple carved a path in the Web3 art world for digital illustrators, Chen Man is doing the same for photographers that wish to build a collector base for digital works in Web3,” says Vincent Harrison of iv gallery.
Chen Man’s mission is to create an interactive, safe, inclusive, and engaging experience for her audience as they embark on this journey of discovery and adventure with her. Each “Silent Noise” drop will coincide with multiple chances to gain $ART token rewards, unique 1/1 works, and even attend a photoshoot with Chen Man. As always, LiveArt will be offering additional rewards to its X Card holders.
A few fortunate collectors will have the chance to be immortalized in the second chapter of this epic journey, “The Memory Brick”. As AI is developing rapidly, human memory is at risk of being manipulated, tampered with, distorted, and even erased. “The Memory Brick” will combine physical/digital art and social commentary as a museum exhibit based around recording and storing the last biological memories.
“This is one of the most innovative, complete, and well-thought-out projects we’ve seen – plus it has rockets, AI, and the Musks, who are tech royalty. The buzz is off the charts, I think it will be pretty tough to grab one,” says Boris Pevzner, CEO of LiveArt.
“Silent Noise: Episode 01” will be offered as a limited edition of 500 NFT’s at $100 each, to create an affordable, attractive entry level into the Chen Man Universe. It will be available exclusively on LiveArt, accessible at https://chenman.liveart.xyz.
About LiveArt
Founded by Sotheby’s and Christie’s art market veterans and backed by Binance Labs and Animoca Brands, LiveArt is the global Web3 platform for art and culture. LiveArt blends AI and blockchain with intimate knowledge of the art market to bring exclusive Web3 collecting experiences to a global audience. LiveArt’s $ART utility token powers the LiveArt Protocol that drives value for the LiveArt ecosystem through membership and loyalty programs for the communities of LiveArt and its partners.
Official Website | Twitter | Medium | Instagram | Link3
Contact
CEO
Boris Pevzner
LiveArt
press@liveart.io
Sydney, Australia, May 20th, 2023, Chainwire
The EDCON 2023 organizing team has partnered with Smart Token Labs to deliver Permissionless Perks, an Open Loyalty solution that enables event attendees to independently verify ticket ownership to 3rd party perk providers.
Attendees at EDCON 2023 in Montenegro from May 19th – 23rd, can claim over 30 exclusive perks available only to them.
CEO of Smart Token Labs, Victor Zhang, said Permissionless Perks is one of the few commercial examples of Open Loyalty: “ It’s a permissionless Open Loyalty solution where the verification occurs between the ticket holder and the perk provider without involving the event organizer. A URL delivered to attendees is an attestation that attests ticket ownership and is then stored in the browser’s local storage to enable the seamless claim of perks on the providers’ websites.”
Sky Harris, Marketing Lead of De University of Ethereum, co-organizer of EDCON, praised Permissionless Perks as a great way to create additional value for attendees: “What we love about this solution is it enables any 3rd party to add value to the attendee experience by providing perks for our ticket holders. It’s a truly permissionless and decentralized solution, and attestations unlock unique value.”
“There are over 30 perks for attendees, ranging from the ability to free mint a derivative Cool Cat in EDCON swag to the chance to claim one of 50 serves of ‘Njegusi Prosciutto’ from a famed local Montenegrin restaurant.
“We thank our friends at Smart Token Labs for supporting EDCON by enabling ticket attestations and Permissionless Perks via their fully open source TokenScript technology.”
STL has now delivered the Permissionless Perks as a public goods supporter to the three largest ethereum developer events of 2022 and 2023 including EDCON 2023 in Montenegro, Devcon VI in Bogota, and DevConnect in Amsterdam.
About Permissionless Perks
Permissionless Perks is an open loyalty platform enabling any brand to offer a perk to event ticket holders through an open marketplace. Because it is open, any brand can create value for verified event attendees, removing the burden of value creation from the event organizer. At Devcon VI in Bogota, Permissionless Perks had a 58% engagement rate, and a 20% claim rate on rewards which is 2X the industry average.
About Smart Token Labs
Smart Token Labs is the creator of SmartLayer, a chain agnostic Token Utility Protocol that enables mainstream use cases between web2 and web3. SmartLayer consists of Smart Tokens that let businesses convert user data into smart tokens owned by those users. Token utility is enabled by SmartLayer seamlessly integrating token utility and logic into products and services across both web2 and web3.
For more information visit:
Official website | Twitter | Telegram
Contact
CMO
Brent Annells
Smart Token Labs
b@smarttokenlabs.com
Dubai, UAE, May 18th, 2023, Chainwire
Zeebu, the world’s first end-to-end blockchain platform designed specifically for global telecom carrier businesses, is excited to announce its strategic partnerships with BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc. and Novatel, d.o.o.
These partnerships will lead to hundreds of thousands of transactions annually, making Zeebu a game-changing force within the telecom carrier industry.
“The world of telecommunications is fast-paced and ever-changing. The power of blockchain technology lies not just in its ability to facilitate transactions but in its capacity to foster trust and transparency. We are sure Zeebu’s partnerships with key telecom leaders will usher in a new era of innovation and growth.” – said Raj Brahmbhatt, Founder & CEO, Zeebu. “We look forward to working with our partners to create lasting value and drive sustainable growth for years.”
BBT Voice is an international wholesale voice and SMS carrier with offices in the UK, India, Armenia, and Ukraine, boasting over 400 interconnections. Broadband Telecom Inc., part of the Bankai Group, is a world-leading communication enabler carrying billions of minutes on its dedicated and globally accessible network.
BBT Voice CEO Rahul Sharma stated:
“This deal marks a cornerstone moment. We are confident that with our combined strength, we will construct remarkable achievements in the blockchain industry. We are sure the platform will deliver on its promises of transparency and trust.”
Nakul Rege, Chief Growth Officer of Broadband Telecom Services, adds:
“Telecommunications is an incredibly dynamic and rapidly evolving field, and keeping up with the latest technologies, trends, and customer demands can be challenging. Zeebu’s blockchain platform will drive innovation, expand our reach, and deliver exceptional customer value.”
As a global leader in retail and wholesale VoIP termination services, BridgeVoice’s robust experience has enabled it to develop an Automated Carrier Platform for telecom operators, carriers and service providers. It also offers an online platform called “BridgeVoice Pluto” for trading and settlement of wholesale interconnect voice and SMS services, providing carriers with access to a range of alternative network operators.
Bridge Voice, Chief Revenue Officer, Nickey Peshwani said:
“Zeebu is the first blockchain-powered telecom loyalty platform for wholesale voice business and will enable instant settlements anywhere in the world. With its secure, rewards-based payments ecosystem, we’re confident it’s going to boost margins for every industry player.
Novatel is Slovenia’s leading mobile virtual network operator, providing mobile and IP telephony, internet and information services to European enterprises. It’s currently building out its own mobile network, with a view to launching this summer.
Novatel CEO Jernej Kenda commented:
“We can’t wait to get started with Zeebu. It will be a game-changer for settlements in the telecom carrier industry, with its powerful utility delivering tangible value for all network participants.”
Zeebu’s revolutionary blockchain solution addresses telecom carrier businesses’ challenges, including security threats, rising and complex costs between intermediaries, and remittance delays of up to 20 days. The platform transforms the industry by unlocking instant global transactions and leveraging enterprise-grade security to protect against cyber attacks and fraud.
The Zeebu platform’s use of smart contracts and blockchain technology creates a trustless, transparent, and more efficient ecosystem for telecom carriers and their partners. In addition, Zeebu tokens, the platform’s loyalty utility token, eliminate the need for conventional banking channels and intermediaries, making cross-border transactions fast and seamless.
Zeebu is thrilled to onboard these significant industry players as its platform’s first users, beginning global transaction settlements using Zeebu tokens.
This development ushers in a new era for telecom carriers as they embrace blockchain technology for more efficient, cost-effective operations and settlements.
About Zeebu
Zeebu is a pioneering company in blockchain and settlements, providing an innovative platform for the telecom carrier industry, comprising over 6000 players in a $120 billion market. With their first-of-its-kind loyalty and utility token, Zeebu aims to revolutionize the global telecom carrier market, transforming cross-border transactions and improving profitability in the industry. Zeebu’s mission is to extend its groundbreaking solutions to other B2B industries facing similar challenges with international remittance and lean margins.
Contact
CMO
Dr. Raghavendra Hunasgi
hello@zeebu.com
Kyoto, Japan, May 18th, 2023, Chainwire
Japan’s largest global conference for crypto, IVS Crypto 2023 KYOTO, has named leading blockchain marketing specialist MarketAcross one of its media partners. The pair will work together to ensure the 2023 event receives the recognition and attention merited by its exciting three-day itinerary.
The web3-specific event is part of IVS, first held in 2007 and a staple of the Japanese startup events calendar. The 2023 edition will be held at the Kyoto International Exhibition Hall “Miyako Messe” between June 28-30. It will feature over 200 speakers participating in various sessions related to the startup ecosystem, including web3 and crypto.
“Our expectations for this year’s conference could not be higher, and the appointment of MarketAcross as a media partner gives us even more confidence,” said Whiplus, Head of IVS Crypto.
“I have no doubt that startup executives and investors, including those in the burgeoning web3 space, will appreciate the diversity of events we have planned this year.”
The IVS Crypto conference connects startups and entrepreneurs with executives, investors, developers, evangelists, and enthusiasts and a range of meetups, workshops and Q&A sessions are scheduled in addition to keynote presentations. Speakers at this year’s event include Circle CEO Jeremy Allaire, Digital Garage Co-Founder Ito Joichi, Ripple VP of Strategy & Operations Emi Yoshikawa, Yield Guild Games Co-Founder Gabby Dizon, and more.
“We are delighted to join IVS Crypto as a media partner for 2023,” said Itai Elizur, Managing Partner at MarketAcross. “Working with the world-class IVS team is something we’ll be proud of for years at MarketAcross.”
During the event, a range of side events hosted by IVS Crypto participants and partners will take place at various venues in the vicinity of the events space, enabling participants to make connections and learn from people working in a wide range of industries. Over 10,000 people are expected to attend.
In addition to organizing and hosting the conference, IVS is a launchpad that invests in promising startups selected by a panel of judges. So far, the launchpad has raised over $2.2 billion with more than 430 participating companies. This year, 14 finalists selected from over 250 long-listed startups will give a six-minute presentation about their products before an overall winner is declared.
About IVS Crypto
IVS Crypto is Japan’s largest web3 conference. The annual event, which brings together web3 entrepreneurs, investors, developers, IP holders, and curious enthusiasts, features interactive sessions, workshops, presentations and more.
Contact
Head of IVS Crypto
Whiplus Wang
ivscrypto@ivcrypto.io
Dubai, UAE, May 18th, 2023, Chainwire
From Binance-style super meet-ups to online contests, the crypto exchange is celebrating Bitcoin’s famous first purchase
Binance, the world’s largest cryptocurrency exchange, is celebrating the thirteenth anniversary of Bitcoin Pizza Day, the historic day in 2010 that a purchase of two pizzas was made in return for 10,000 BTC.
To celebrate this monumental day in crypto and the revolution it marks for the industry, Binance will be hosting in-person community meet-ups around the world. The celebrations will kick off in the birthplace of pizza, Naples, Italy, on May 21 and continue with local pizzeria and pizza van takeovers in ten countries, including Brazil, Bahrain, Pakistan, Vietnam, Sri Lanka, Cambodia, Uruguay, Mexico, Argentina, and New Zealand.
The community is also invited to celebrate Pizza Day on social media and the Binance app. Participants who share their Binance-themed pizzas using #BinancePizza or complete tasks to collect all the Pizza Flavours on the Binance app have a chance to win the crypto equivalent of a year's supply of pizza. Online celebrations will continue as Binance hosts a virtual live meet-up with the attendance of CZ on May 22 at 12:00 PM UTC, featuring discussions on the meaning of Bitcoin Pizza Day with prominent Binance Feed creators.
“Bitcoin Pizza Day is a testament to the power of community and the growing acceptance of BTC as part of our daily lives,” said Yi He, Binance co-founder and Chief Marketing Officer. “At Binance, we believe in the importance of mass adoption, and we are committed to creating more and more use cases for crypto in everyday situations. As more people recognize the value and potential of blockchain and crypto, our community grows stronger, and we continue to build our industry.”
The global Pizza Day meet-ups will offer fun activities with the chance to win swag and rewards, and of course, free pizza. Events vary by city, for example in Naples, the first 500 users to register for the event will be able to claim free “Binance style” pizza and drinks and take part in a pizza-making contest for Binance prizes. For more information on events near you, visit our blog.
Bitcoin Pizza Day stands as a pivotal milestone for the crypto industry, signifying its remarkable exponential growth and paving the path for widespread adoption of digital currencies over the past 13 years. As ever, Binance continues to move towards its goal of increasing the freedom of money and believes that growing crypto adoption will create even further opportunities for financial freedom. Therefore, once again this year, Binance is proud to celebrate this momentous day with our deserving and empowering community.
About Binance
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com
Contact
Marina Zibareva
pr@binance.com
Miami, FL, United States, May 18th, 2023, Chainwire
Borderless Capital is the manager behind this new fund. Investors include Jump Crypto, Aptos Labs, Polygon Ventures, Solana Foundation, Algorand Foundation, GSR, Arrington Capital among other institutions
Over twenty blockchain teams and venture funds have teamed up to launch a $50 million Cross-Chain Ecosystem Fund focused on backing and growing new startups that leverage the Wormhole cross-chain messaging protocol. The Cross-Chain Ecosystem Fund is being managed and operated by Borderless Capital, a leading venture capital firm in the Web3 space.
Backed by top blockchain protocols, infrastructure providers, and institutional investors, the fund aims to support cross-chain innovations that will drive the growth and adoption of the Web3 industry. The Cross-Chain Ecosystem Fund is backed by Jump Crypto, Polygon Ventures, Aptos Labs, Solana Foundation, Sei Foundation, Algorand Foundation, CLabs (the company behind the Celo Blockchain), the Moonbeam Foundation, Optimism, Circle, MultiCoin GP’s Tushar Jain and Kyle Samani, Arrington Capital, GSR, Floating Point Group, Chainlayer, Chainode Tech, 01Node, Staking Fund, Moonlet.io, Forbole Ventures, Syncnode, Inotel, Triton One, Strangelove, Securitize’s CEO Carlos Domingo, OtterSec among others.
Navigating the Web3 landscape is becoming increasingly challenging due to the proliferation of numerous layer-1 blockchains, layer-2 scaling solutions, and specialized appchains with unique purposes and parameters. This complexity poses difficulties for users and alienates developers who are restricted from accessing a single ecosystem, hindering their growth. The Cross-Chain Ecosystem Fund seeks to unlock the full potential of a cross-chain future, aiming to redefine users’ experiences and establish Wormhole as the cross-chain standard for builders to transcend the limitations of individual ecosystems. This innovation prioritizes aggregation, security, scalability, compatibility, and composability.
“We believe in a borderless Web3 future and are thrilled to have the support of our partners and investors who share our vision. In the same way that in Web2 the value was created through aggregating the relationship with the users we believe that in Web3 this is the natural next step” said David Garcia, CEO & Managing Partner of Borderless Capital. “Our goal is to empower builders to transcend the limitations of individual ecosystems, paving the way for blockchain applications and protocols to realize their full potential.”
Wormhole, the technological focus of the Fund, is a foundational protocol that enables cross-chain messaging of value and data across more than 23 high-value chains, already leveraged by influential protocols and companies like Uniswap, Circle and Base from Coinbase.
“Crypto is still a nascent industry with essentially limitless growth opportunity, and we should be doing nothing but working together, regardless of which specific networks individuals may be more passionate about. It’s really exciting to see so many ecosystems come together with leading venture funds to unite on solving the interoperability challenge by supporting startups that integrate Wormhole’s cross-chain messaging standard,” said Dan Reecer, Head of Operations at Wormhole Foundation.
Builders, founders and developers looking to reach across ecosystems can apply to the Cross-Chain Ecosystem fund at wormhole.com/programs. Applications will be reviewed by the fund manager, Borderless Capital, starting this month.
About Borderless
Borderless is a leading investment management firm focused on Web3 technology, dedicated to supporting the next generation of innovators who are driving the development of groundbreaking technologies that will enable the creation of value without borders. Borderless comprises a team of builders, partners, and investors who adopt a long-term perspective and strive to unleash the full potential of open, community-driven networks. Since 2018, Borderless has invested in 200+ protocols/companies across infrastructure, business applications, and nascent cryptographic protocols, and has played an integral role in the development of some of the most significant and innovative Web3 communities. For more information, please visit their website.
About Wormhole
Wormhole is the industry standard cross-chain messaging protocol powering applications across Web3. Wormhole provides developers access to liquidity and users on over 20 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more. Wormhole enables a growing suite of products to build on its messaging layer. Wormhole Connect is an in-app bridging widget that can be integrated in as few as 3 lines of code. The wider Wormhole network is trusted and used by teams like Circle (USDC) and Uniswap, and to date, the platform has facilitated the transfer of over 35 billion dollars through hundreds of millions of cross-chain messages.
Contact
Borderless Team
media@borderlesscapital.io
Crypto Intelligence News has agreed a content syndication partnership with Binance, which will significantly increase the news platform’s exposure, while providing Binance users with leading market insights and news.
Specifically, this partnership will provide Crypto Intelligence News’ content with exposure to an additional four million active cryptocurrency investors and traders.
“We are delighted to partner with Binance to further improve our brand awareness and content exposure,” Crypto Intelligence News said in a statement.
Crypto Intelligence News has grown steadily in recent years, reaching a monthly readership in excess of 1.2 million.
Over 75 percent of our readers are active investors in cryptocurrencies and/or NFTs, and over 50% of our traffic comes from the US and the UK.
To discuss advertising opportunities or publishing a press release, you can contact our sales team. Alternatively, you can send an email to sales@cryptointelligence.co.uk.
Vienna, Austria, May 17th, 2023, Chainwire
Pantos, a Multichain Token System conceived by the team behind Bitpanda, today announced the public release of the Multichain Token Creator. It is an easy-to-use web app that allows users to configure and deploy their own multichain tokens built on top of the Pantos Digital Asset Standard (PANDAS). Moreover, developers can configure their base token and download the contract code to extend it with their custom functionality.
The Multichain Token Creator makes it easy for projects to launch on multiple blockchain networks, increasing their reach without much effort and creating more opportunities for the community and the projects themselves. Developers, users, and their assets no longer have to be locked to a single chain.
“Our Multichain Token Creator is a defining innovation in the blockchain space, offering developers and projects an effortless way to adopt a revolutionary multichain token standard that drives unparalleled cross-chain collaboration and opens up endless possibilities for the future of decentralized technology,” said Marius Ciortan, the Director of Product Engineering at Pantos.
For developers, the Token Creator dramatically reduces the time and complexity of developing multichain assets, enabling them to launch their tokens within minutes. Users, on the other hand, will have a smoother multichain experience thanks to the increased availability of native multichain assets through the easy token creation process.
Pantos will showcase the Token Creator to the public for the first time during Super Demo at the upcoming EDCON conference, to be held between May 19-23 in Montenegro. It will also introduce the Pantos Digital Asset Standard (PANDAS) at the event. The EDCON Super Demo provides a platform for the startups or projects promoting the development of Ethereum technology and its ecosystem. The Super Demo starts on the first day of the conference, May 19th, and concludes on May 22nd.
Pantos began in 2018 as an in-house research project by Bitpanda in collaboration with TU Wien (Austria) and later also TU Hamburg (Germany) to establish an open standard for truly decentralized multichain token transfers and blockchain interoperability. It allows developers and users to send tokens, wrap native coins of supported chains, and create and deploy native multichain tokens easily with a few clicks.
Pantos currently supports seven chains on testnet: Ethereum, Polygon, Avalanche, BNB, Cronos, Celo and Fantom; and plans to integrate more EVM and non-EVM chains continuously. Earlier this month, Pantos won the ‘Best Business Model’ award at the Austrian Blockchain Award Gala.
About Pantos
Started as a research project by the team behind Bitpanda in 2018, Pantos is an open-source protocol on a mission to make Web3 truly interoperable. It aims to become an enabler for sophisticated Web3 applications. Pantos’ cutting-edge technology allows existing and upcoming tokens to be deployed on multiple blockchain networks, giving users the freedom to choose the most suitable network for their digital assets. It had secured $12.1 million in funding through an Initial Coin Offering (ICO) on Bitpanda in 2018.
For more information, visit: Website | Twitter
Contact
Marsel Nenaj
contact@pantos.io
Miami, USA, May 17th, 2023, Chainwire
IOVLabs, one of the global blockchain technology leaders, announced the launch of a $2.5 million strategic grants program to further enhance the development and adoption of Rootstock, the world’s first Bitcoin sidechain which has become a growing hub of DeFi activity on the Bitcoin network.
The program was revealed today at the inaugural Bitcoin Builders Conference in Miami, a pioneering event focused on Bitcoin Layer 1 and Layer 2 developers.
To discover eligible candidates for the grant program, IOVLabs also announced the launch of a Hackathon in partnership with HackerEarth, a global community of over 4 million developers.
The Hackathon will run from May to July, featuring an ideation stage, a development stage, and a final pitch to an esteemed panel of judges from the Bitcoin and Rootstock ecosystems. Blockchain developers from all over the world are invited to apply.
Given Rootstock’s compatibility with Ethereum Virtual Machine (EVM), no prior knowledge is required to build decentralized applications (dApps) and integrations on the network. Developers can use the same solidity tools and libraries they are accustomed to, including Hardhat, Truffle, web3.js, and ethers.js.
In addition to the possibility of qualifying for the $2.5 million grant program, all Hackathon participants stand a chance to win over $25,000 in prizes.
Hackathon Judges include Rootstock Co-founder Sergio Lerner and mentors include Rootstock Co-founder Diego Gutiérrez Zaldívar. Rootstock ecosystem leaders including representatives from Sovryn and Tropykus will also be judging the hackathon.
Developers can leverage Rootstock’s extensive resources on the DevPortal and gain the ability to incorporate the RIF’s pre-built open-source protocols into their current and future projects.
This is part of a broader effort by IOVLabs to extend the possibilities of Bitcoin beyond being a store of value and help the ecosystem become a full-fledged financial system. The dual-pronged approach of supporting established financial institutions building and launching Web3 products and aiding entrepreneurs and builders with funding and support through hackathons and grants all speaks to IOVLabs’ desire to empower the community. Co-creation and the continual growth of Rootstock’s ecosystem partner list further attribute to that mission.
IOVLabs VP of Growth Pei Chen comments:
“IOVLabs’ support of the strategic grants program demonstrates our strong commitment to provide the tools needed to build a truly decentralized financial system on Bitcoin. This is an opportunity for the next generation of developers to harness the Rootstock sidechain to extend the capabilities of Bitcoin and help create a freer and fairer financial system for all.”
“Rootstock is rapidly becoming known as the home of DeFi on Bitcoin. But we believe now is the time to make it available to everyone, regardless of their technical ability. That’s why the overarching theme of this year’s grant programme is Everyday DeFi. This is how the first billion users will be onboarded to Web3 and together we can make it happen.”
The Hackathon and grants program will encourage developers to explore a range of concepts and projects aligning with the “Everyday DeFi” theme, including:
- Greater interoperability for different blockchains built on or with Bitcoin (dApps, bridges, technical implementations)
- User-centric utility to achieve effective user engagement (real-world use cases, compelling DAO governance modules, data dashboards)
- Unlocking new functionality and liquidity for DeFi (strategic integrations of marketplaces, dApps, DEXes, aggregators, wallets, on/off ramps, oracles)
- Developer Hackathon Bounties for Rootstock infrastructure & tooling (enhancing the foundational tools and resources for sustainable ecosystems, e.g. compiler support, SDKs, libraries, node-as-a-service, merge mining, rollups, etc.)
The Bitcoin Builders Conference, set for May 17th in Miami, will provide an opportunity for hands-on workshops, panel discussions with engineering leaders, and insightful industry keynotes for developers and innovators. The conference will also showcase the latest development tools for Bitcoin.
IOVLabs President Daniel Fogg adds:
“With the Bitcoin Builders Conference underway, I’m excited to see how developers are harnessing Bitcoin’s potential to solve everyday challenges for people around the world. IOV Labs strongly believes Bitcoin sidechains like Rootstock will play a major role in bringing the first billion users to crypto. This conference is an opportunity to celebrate and share our progress so far while acknowledging there’s still work to do. Every network has its sweet spot, and for Rootstock, it’s all about using Bitcoin to create a more accessible and fairer financial system for all. By bringing together EVM compatibility with the unmatched security of Bitcoin, Rootstock offers developers a network that can be trusted to support the financial futures of people worldwide, no matter their economic status.”
Both the grants scheme and the Hackathon aim to encourage developers to build on Bitcoin by leveraging the smart contract capabilities of its Rootstock sidechain.
This initiative helps to futureproof Bitcoin by enhancing its long-term value proposition and promoting sidechains for complex transactions, thereby addressing the ongoing congestion issue on the leading network.
The $2.5 million grants program is fully funded by IOV Labs, which contributes to the development of Rootstock, a decentralized blockchain protocol.
Rootstock use continues to grow, with close to $400m in Total Value Locked (TVL) and over 60 protocols in its ecosystem.
About IOVlabs
IOVlabs develops the blockchain technologies needed for a new global financial ecosystem that fosters opportunity, transparency, and trust.
The organization currently contributes to the development of the Rootstock blockchain and Rootstock Infrastructure Framework (RIF).
The Rootstock network is one of the more secure smart contract platforms in the world, designed to leverage Bitcoin’s unparalleled hash power while extending its capabilities.
Rootstock Infrastructure Framework (RIF) is a suite of open and decentralized infrastructure protocols that enable faster, easier and scalable development of distributed applications (dApps) within a unified environment.
For more information, visit the IOVLabs website.
About Rootstock
Rootstock is the world’s most secure, permissionless and censorship-resistant Bitcoin sidechain. It provides EVM-compatible smart contract functionality using Bitcoin as the native asset. Rootstock takes Bitcoin from a simple store of value and turns it into the foundations of a fully-fledged decentralised financial system.
Rootstock’s native token RBTC is known as “Smart Bitcoin” and lets users use their BTC to interact with a range of services on the Rootstock Bitcoin layer 2. RBTC is an exact 1:1 peg with BTC. (1 RBTC = 1 BTC) When you transfer bitcoin into Rootstock, your bitcoin is locked and the equivalent amount is released as RBTC.
Rootstock is a Bitcoin sidechain that provides EVM-compatible smart contract functionality using Bitcoin as the native asset. Rootstock is the most permissionless and censorship-resistant Bitcoin sidechain. People around the world use Rootstock every day to interact with a range of DeFi protocols such as Sovryn, Tropykus and stablecoin Money on Chain.
Rootstock is permissionless, and its consensus mechanism is merge-mined proof of work (PoW) with over 50% of Bitcoin’s hash power currently mining Rootstock. This means that Rootstock is mined with more hash power than any other chain, except Bitcoin itself.
RBTC is used as gas to pay for smart contract execution on the network, such as the transaction fee for trading Rootstock ecosystem tokens, the same way as ETH is used as gas for Ethereum. Unlike other blockchain native tokens, Rootstock is non-custodial and maintains the censorship resistance of Bitcoin.
Contact
Director of Brand & Communications
Sam Golden
IOV Labs
samuel.golden@iovlabs.org
Dubai, UAE, May 16th, 2023, Chainwire
Influential figures such as heads of global funds, government officials, investors, business owners and promising startups come together in Dubai to shape the future of cryptocurrencies at the 11th International Blockchain Life Forum on October 24-25 in Dubai, Festival Arena.
Buy your ticket now at the presale price here.
The event stays as a meeting point for Crypto Whales, attracting over 7,000 visitors from 120 countries.
Attendees can look forward to informative sessions led by leaders in the crypto industry, revealing insider information on upcoming bullrun trends and other topics. Over 80 speakers are going to share their analytics and world-changing ideas.
What else to expect:
- Over 100 leading companies at the expo
- Startup Pitch with Tier-1 funds as jury and attendees in conference hall
- One of the largest independent awards – Blockchain Life Awards 2023
- Unique online app for finding contacts and vacancies in the crypto industry – Networking 2.0.
- Quick acquaintances in the Speed Networking area and many other formats for new connections
- Legendary AfterParty in one of the World’s most famous clubs, Sky 2.0.
Hurry up and buy your ticket now
Contact
Senior media manager.
Victoria
Blockchain Life
infopartners@blockchain-life