Singapore, Singapore, 23rd February, 2023, Chainwire
MEXC, the leading cryptocurrency exchange that performed exceptionally well throughout the recent market downturn, has announced a major reduction in trading fees.
Spot trading costs on the platform have dropped to zero for maker fees and 0.1% for taker fees, while futures trading costs have reduced to zero for maker fees and 0.03% for taker fees – making MEXC a great choice to trade cryptocurrency globally.
This move is aimed at encouraging newcomers to join its growing trading community as it works to drive wider adoption of cryptocurrencies globally.
The announcement comes as the market is bouncing back, and MEXC’s business growth and increased trading volume are testaments to its reliability and efficiency.
MEXC is committed to giving back to its community and takes its social responsibility commitments seriously. With the new fee structure in place, MEXC is confident it can attract even more traders and drive further growth in the cryptocurrency industry.
Bitcoin News reported that Futures trading volume on MEXC has increased by an impressive 1200%, a testament to the exchange’s commitment to providing the best trading experience for its users.
“We are proud to announce that MEXC now has the lowest fee overall in the cryptocurrency industry. Through our philosophy of users first, MEXC’s changing for you, we strive to do business in a way that makes users trade better with ease and confidence,” said Andrew Weiner, VP of MEXC Global. “We have seen substantial growth in the crypto industry. In 2022, the trading volume on MEXC alone increased exponentially versus the previous year. With the return of users’ confidence in trading, we believe that this fee reduction will be rewarding them with a much-needed boost to help the whole industry grow. “
MEXC’s commitment to the cryptocurrency industry and its users is unwavering, and the exchange will continue to look for ways to give back to the community and promote industry growth. With the new fee structure in place, MEXC is poised to become the leading cryptocurrency exchange, and traders can be assured of the best trading experience on the platform.
MEXC‘s announcement is a clear indication of the exchange’s commitment to its users and the industry as a whole. Traders looking for a reliable and efficient platform with low fees should look no further than MEXC.
For more information, visit: www.mexc.com
About MEXC
MEXC is the world’s leading cryptocurrency trading platform, providing one-stop cryptocurrency trading services for spot, ETF, futures, Staking, NFT Index, and more. MEXC currently serves more than 10 million users worldwide and embraces the philosophy of “Users first, MEXC’s Changing for you”. Visit the website and blog for more information, and follow MEXC Global and M-Ventures.
Contact
PR in charge
Antonio Wu
MEXC Global
antonio@mexc.com
New York, United States, 23rd February, 2023, Chainwire
Following exciting Maison Hennessy Web3 projects last year, including its first NFT-connected bottle and launch of Cafe 11 social club in partnership with Friends with Benefits DAO, Hennessy introduces H3NSY with a new brand mark, website and Twitter handle dedicated to the brand’s Web3 ventures and innovative practices.
Hennessy, the world’s leading producer of cognac, has unveiled its latest initative in the Web3 space. The H3NSY eco-system, which features a new brand mark, website, and Twitter handle, reinforces the brand’s commitment to Web3 projects, collaborations, and innovations.
Over the past year, Hennessy has introduced several exciting Web3 projects, including the launch of its first NFT-connected bottle, H8, which saw the bottles sold via Blockbar for $250,000 each, another Blockbar drop with Paradis Gold, as well as the introduction of a cultural NFT social club, Cafe 11, in collaboration with DAO Friends with Benefits (FWB). Through Cafe 11 NFT holders are given access to a program of Hennessy cultural events, with the inaugural event taking place last December in Miami and more programming updates to be released soon. These initiatives have established Hennessy as a strong player in the Web3 space and a driving force for innovation in the industry.
With the launch of H3NSY, the 250-year-old cognac brand is taking its entrance into the blockchain universe one step further, allowing dedicated focus and communication around its endeavors and providing a hub for its community to learn about and engage with these initatives.
“For Hennessy.” explains Laurent Boillot, CEO of Hennessy, “Web3 extends past NFTs into traceability and other practices that will improve the future of our business. The introduction of H3NSY now allows us to put dedicated focus and communication around these endeavors and gives our community a place to connect with this new part of our business.”
The goal of H3NSY is to serve as a membership platform and hub for creators, cultures and communities, along with future NFT partnerships and Cafe 11 program annnouncements, Web3 bottle drops, and other blockchain innovations that the brand is currently investing in.
To learn more about H3NSY and the innovative work that Hennessy is doing in the Web3 space, visit the platform at www.h3nsy.com and Twitter handle, @h3nsy.
About Hennessy
The leader in Cognac, the Maison Hennessy has shone around the world with its exceptional know-how for more than 250 years. Built on founder Richard Hennessy’s spirit of conquest, the brand is present in more than 160 countries. Based in the heart of the Charente region, Hennessy is also a steadfast pillar of the regional economy. The Maison’s success and longevity are rooted in the excellence of it’s cognac, each of which is born of a unique process of transmission of know-how from generation to generation. The first spirits Maison to be certified ISO 14001, Hennessy unites its capacity for innovation and support of all of its partners to protect this exceptional area. As a crown jewel of LVMH Group, Hennessy is a major contributor to French international trade, with 99% of production sold in export, and a worldwide ambassador for the French art de vivre.
PLEASE DRINK RESPONSIBLY.
Contacts
Direcotr
Michael O’Brien
North Six
mikey.obrien@northsix.com
Web3 Development Director
Danielle Barich
Hennessy
dbarich-ext@moethennessy.com
San Francisco, United States, 22nd February, 2023, Chainwire
Unstoppable Domains commits to not assert against members of the Alliance its patents that are necessary to adopt the Alliance’s interoperability and security standards
The Web3 Domain Alliance, a member-led coalition dedicated to improving the technological and public policy environments for users of Web3 naming services, today announced 52 new members including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever, along with dozens of other naming systems, projects and companies.
In order to support the ongoing development of digital identity technology in Web3, Alliance members including Unstoppable Domains will make contributions, including technology, to enable interoperability and security standards. As part of this commitment, Unstoppable has irrevocably agreed not to assert against Alliance members its patents that are necessary to adopt the Alliance’s interoperability and security standards. More information can be found on the Web3 Domain Alliance website. A founding member of the Web3 Domain Alliance, Unstoppable was recently awarded a patent around resolving blockchain domains and aims to support innovation across the Web3 industry through its IP investments.
Members of the Web3 Domain Alliance will engage on topics including consumer protection, interoperability of blockchain naming systems, fair and open use of intellectual property in the industry, preventing naming collisions, and more. Together, the Web3 Domain Alliance will advocate for standards in the Web3 domain industry to foster innovation and a safe environment for people. Recently, the team at Web3 social trading network Metascan deprecated their NFT top-level domain to avoid a name collision and joined the Web3 Domain Alliance.
“As an early member of the Web3 Domain Alliance, we’re honored to work alongside our new co-members to unlock potential in the Web3 domain space,” said Sandy Carter, SVP and Channel Chief of Unstoppable Domains. “Together, we’ll build a Web3 domain space where new ideas and innovation can flourish and where more people can own their digital identity.”
Web3 domains have seen a rapid increase in interest, with more than 3.4 million domains reportedly created across the industry in 2022 alone. Amid this rising interest, the Web3 Domain Alliance was founded in November 2022 as the first industry group to create standards for the blockchain naming industry. The Web3 Domain Alliance also aims to proactively engage in discussions with ICANN to increase ICANN’s awareness and recognition of Web3 Top Level Domains (W3TLDs).
“Digital identity is the next great frontier of Web3 and we’re thrilled to support innovation in this space through the Alliance,” said Lane Kasselman, President at Blockchain.com. “We look forward to helping set standards as a community so we can protect users as the Web3 domain industry grows.”
Web3 domains provide a vital component of a person’s Web3 digital identity. Domains can be used, among other things, to send and receive cryptocurrency in place of lengthy alphanumeric wallet addresses, host a website that you fully own, set up secure email forwarding, and sign into hundreds of apps, games, metaverses and more. Web3 domains are minted on the blockchain and stored in a user’s wallet, putting ownership in the hands of the owner.
As part of today’s announcement, the Alliance welcomes 27 new naming systems, including Stargaze Names, iheartdomains.xyz, EDNS, NF.Domains [TxnLab Inc.], United Domains, Threely, Xdc Web3 Domains, Astar Web3 Domains, Tron/Bittorent Web3 Domains, Velas Web3 Domains, IoTeX Web3 Domains, Fusion Web3 Domains, Elastos Name Service, Moon Web3 Identity, Wanchain Web3 Domains, Ontology Web3 Domains, NEAR, OKC Web3 Domains, Meter Name Service, Metis Name Service, Fuse Web3 Domains, Easy IP, IAMX.ID, .CSPR Domains, Metascan, NFTR, and NFT Domains SA.
Additional new members to the Alliance include Blockchain.com, Wyre, Rarible, Bitdegree, WazirX (Bandit), Math Wallet, Guarda, Solo Wallet, My Doge Wallet, OMNI, Talent Protocol, Indacoin, Markmonitor, Revest Finance, Coreum, Cian, LunarCrush, Web23, WAM, NFTrade, XcelPay, Klever, KICA, Wirex, and Puma Browser.
Early members of the Web3 Domain Alliance include Unstoppable Domains, Bonfida, Polkadot Name System, Hashgraph.name, Syscoin, and klaytn.domains.
About Web3 Domain Alliance
Founded in 2022, the Web3 Domain Alliance is a member-led, member-driven organization dedicated to improving the technological and public policy environments for users of Web3 naming services. It exists to promote the development of the Web3 naming industry and the functioning of Web3 domain registries with and across blockchain-based and traditional web applications. The Web3 Domain Alliance is also dedicated to the technological advancement and interoperability of Web3 domain registries.
Contact
Web3 Domain Alliance
press@web3domainalliance.com
Dubai, UAE, 22nd February, 2023, Chainwire
The SiGMA Eurasia expo in Dubai from March 13-16, 2023 will take place at the InterContinental Festival Arena. It provides attendees with opportunities to network with professionals in various industries, learn about the latest technology and innovations, connect with key decision-makers, and gain knowledge about new markets.
Dubai is a prime location for business, innovation and entrepreneurship, due to its thriving business environment that blends opportunities from East and West.
Major companies in the technology, gaming, affiliate and medical industries will be showcasing their products and services, including a Startup Village where delegates can evaluate new market players.
The SiGMA Eurasia Dubai expo will also host three startup pitches where business owners can present their ideas to a panel of experts. Prior to the SiGMA Eurasia Dubai expo, the CPA Club International forum will host a meetup in collaboration with SiGMA, featuring Jordan Belfort, also known as The Wolf of Wall Street.
The event will provide opportunities to network with influential individuals and decision-makers, including senior government officials and leading experts in the field, such as serial entrepreneur and investor Gary Vee, who will be speaking on three conference stages.
Nightly networking drinks and dinners will take place, giving delegates the chance to meet and connect with each other, building lasting business relationships. The prestigious Gala Awards and the closing celebration are two of the most sought-after events, with the Gala Awards supporting the SiGMA Foundation and benefiting educational institutions in Africa.
By bringing together top investors, suppliers, affiliates, startups, and operators, the event will give the audience the opportunity to form new collaborations and pursue business opportunities, including strategic alliances and joint ventures. Local government representatives will also be present, offering special opportunities for development and expansion.
Learn, Network, Explore
The agenda for the event is focused on thought-provoking conference sessions led by top-notch thought leaders, including this year’s keynote speaker Gary Vee, a highly successful entrepreneur and investor.
Throughout a series of panels and keynotes, a group of distinguished industry professionals, including Dr. Sara Al Madani, Josef Holm, and John Lee, will share their insights and spark debates on current business trends in areas such as esports, affiliate marketing, virtual reality, and Web3. They will assess the challenges and potential opportunities facing the MENA region.
Panels will delve into a variety of topics, including the use of generative AI, the development of legal and regulatory frameworks for online gaming in the Middle East, the growth of cryptocurrency payments, and the role of Web3 in competitive gaming.
For a complete overview of the SiGMA Eurasia agenda, check out the official website.
If you’re interested in exhibiting or sponsoring, find out how to be a part of the event’s success on the website.
Contact
Sigma Press
pr@sigma.world
Singapore, Singapore, 21st February, 2023, Chainwire
Cartesi (an application-specific rollup execution layer with a Linux runtime) has launched its Community Grants Program for developers looking for support to get their ideas off the ground, and for Web3 enthusiasts interested in helping shape Cartesi’s developing ecosystem. A community-driven program to fund a broad network of contributors, its goal is to help build and expand the Cartesi ecosystem. Reflecting a broader movement towards Cartesi’s decentralization, the Community Grants Program is a step forward in providing increased community involvement in the grants selection process.
For developers who have an incredible idea, but need some extra help to get it off the ground, Cartesi’s Community Grants Program is not only about financial support. By harnessing the power of the Cartesi community, developers are also provided with invaluable technical and strategic advice to ensure the success of projects growing within the Cartesi ecosystem.
With the Community Grants Program, developers can easily refine their proposal for funding their project with community feedback, strengthening its feasibility and potency.
In addition to developers submitting their ideas, the Cartesi Foundation will periodically publish Requests for Proposals (RFPs) for projects that the Foundation believes are of particular relevance and impact to the ecosystem.
The launch of the Cartesi Community Grants Program also ushers in a new governance function for Cartesi’s token, CTSI. The Cartesi Foundation’s decentralized ecosystem will use CTSI as a way for community members to signal approval or disapproval of grants that are proposed.
With the Community Grants Program, the Cartesi community can influence what is being funded and built on Cartesi tech. It also allows the community to more easily connect with the builders in the Cartesi ecosystem, potentially even independently collaborating with any of the projects being built and funded.
About Cartesi
Cartesi Rollups is an application-specific execution layer that elevates simple smart contracts to decentralized Linux runtimes. It allows developers to launch highly scalable rollup chains, and code decentralized logic with their favorite languages and software components.
- Every DApp has its own high-performing rollup chain;
- No cannibalization of resources from other DApps in Cartesi’s ecosystem;
- No network gentrification;
- Enable an entirely new class of DApps that currently cannot run on EVM chains;
- Preserve the strong security guarantees of the underlying blockchain
Contact
Karmen Truong
Cartesi
karmen.truong@cartesi.io
Rotterdam, Netherlands, 21st February, 2023, Chainwire
Spheroid is an AR/XR platform that uses the SPH utility token for powering all the activities in its ecosystem.
This funding commitment from ABO Digital marks a significant milestone for Spheroid, which plans on using the funds to continue building tools and capabilities within Spheroid Universe, such as Spheroid Script (A cross-platform programming language developed to speed up and reduce the cost of developing AR/XR applications) and Spheroid Demiurge IDE (Cloud-based integrated development environment for programmers and designers who work together on AR/XR projects), among others.
“This commitment from ABO Digital will enable Spheroid to continue developing and scaling the infrastructure within Spheroid Universe,” said Spheroid Universe Managing Director Andrea De Marco.
“We are excited to work with the Spheroid team going forward,” said Amine Nedjai, Director of ABO Digital, “Spheroid is building essential tools for creators in the AR/XR space which we believe will be seeing increased demand over time.”
About Spheroid
Spheroid Universe (Spheroid), an extended reality metaverse company, has announced that it has secured an investment commitment from ABO Digital for its utility token SPH. Spheroid is a platform for developing extended reality projects. The technological basis of the platform is the Spheroid XR Cloud and the Spheroid Script programming language designed for AR/XR creation.
SPH is the native token of the Spheroid ecosystem that fuels the activities of the platform. It can be exchanged for Spaces (virtual lands of the Spheroid Universe), used for advertising in XR, placing content, and for various platform services. Among the products powered by SPH there is Spheroid Earth – an open global project for creating Earth 3D Digital Twin.
About ABO Digital
ABO Digital is a digital asset investment firm, and part of the Alpha Blue Ocean group which has executed more than $2bn in financing commitments for publicly listed companies across the globe. ABO Digital is based in the Bahamas and invests in cryptocurrency projects globally.
Contact
Managing Director
Andrea De Marco
Spheroid Universe
info@spheroiduniverse.io
Zug, Switzerland, 21st February, 2023, Chainwire
Sensorium is announcing that the Sensorium Galaxy metaverse has entered its much-awaited VR multiplayer public playtest as it opens up access to more virtual reality and content features inside virtual worlds, while also laying out a new metaverse doctrine.
Delivering on its promise to develop a full-fledged metaverse with unparalleled entertainment offerings, Sensorium is unveiling PRISM, a virtual world dedicated to music, as the first destination to become available to users. Inside this environment, visitors can experience the 24/7 galactic Sensorium Party where Sensorium’s pioneering AI avatars can be seen performing.
The new stage enables users to become familiar with the metaverse’s VR mechanics, its immersive environments, and avatar customization options.
Users will also have the opportunity of interacting, for the first time, with others in VR and via voice chat, meeting not only other human participants but also AI virtual beings.
Sensorium Galaxy is emerging as the first AAA-inhabited metaverse with a community of AI-powered avatars populating its virtual worlds. Here, social AI is a core technology in powering next-generation networking relationship building and content creation, for users and artists alike.
Sensorium’s press secretary, the AI-driven avatar Yonaka, offers a detailed look at the company’s global metaverse doctrine.
In another demonstration of the groundbreaking capabilities of generative AI technology to hold contextual conversations, Sensorium is now also unveiling the Salvador Dali Experience, a VR environment where users are invited to meet the AI avatar of the late genius and chat with Dali’s virtual being across an endless variety of topics.
Based on these features, Sensorium is opening up a pathway for users to live out alternative life scenarios, build a digital self, and attain digital immortality, whereby they choose the digital footprint they’re leaving behind and allow future generations to interact with.
Built on top of Unreal Engine 5 as well as advanced VR and AI technologies, the depths of Sensorium Galaxy unfold across several virtual worlds, each dedicated to different types of entertainment and filled with curated content.
Developed in collaboration with nightlife entertainment visionary, music trendsetter, and Hï Ibiza and Ushuaïa Ibiza founder Yann Pissenem, PRISM world is already a confirmed destination for shows by acclaimed world-class performers, including David Guetta, Carl Cox, and Black Coffee, among others. The first three performances in PRISM are slated to take place during the first half of 2023. The second half of the year will also see the release of MOTION, introducing users to more ‘virtual life’ mechanics of Sensorium Galaxy.
Crucial to all metaverse activities, Sensorium Galaxy’s in-platform token, SENSO, will continue supporting the entirety of the ecosystem, across activities and offerings such as premium content and NFT drops.
NFT drops scheduled for 2023 include DAPP avatars and UNDER land tokens. These assets will be used in Sensorium’s decentralized platform, which ensures that all users have ownership over their digital assets and are the sole entity responsible for decision-making over their virtual possessions. Starship and UNDER will become the first two virtual environments to leverage Web3 capabilities within the Sensorium ecosystem.
All of these blockchain-based activities are now being made compatible with VR.
Sensorium Galaxy is available on Steam, where users can access the metaverse’s public playtest, as well as the Sensorium Galaxy mobile app. Full cross-platform access, including desktop access, will become available later this year.
About Sensorium
Founded in 2018, Sensorium is a Swiss company and a leading metaverse developer, leveraging cutting-edge XR and AI technology to deliver next-generation virtual experiences in entertainment and social interaction.
The award-winning Sensorium Galaxy metaverse project, the company’s flagship product, is currently the only global XR multiplayer platform that immerses users into multi-sensory experiences in virtual worlds, across content hubs of various forms.
These include immersive musical experiences in the epicenter of entertainment, PRISM world, self-discovery programs and guided meditations unfolding within the spiritual environment of MOTION world, and a new type of transversal social interaction enabled by a million-strong community of AI-controlled autonomous virtual beings inhabiting the metaverse.
Sensorium leans on its long-standing collaboration with the world’s best technology and entertainment partners to shape the environments and content of its metaverse.
In addition to the innovative developments in the fields of virtual reality and AI, accessible through a wide variety of interfaces, Sensorium is also a leading Web3 company enabling a stack of pioneering blockchain and decentralized solutions.
Contact
Web3 Marketing Director
Matias
Sensorium
matias.lapuschin@sensoriumxr.com
+971552430075
Seattle, Washington, 20th February, 2023, Chainwire
Massive Gaming, NEOWIZ’s overseas affiliate, will launch the global social casino slot game House of Slots in March 2023, House of Poker, a global social casino hold’em game will be released as a follow-up.
Before and after launch, tokens, airdrops, and game NFT free minting will be included in House of Slots. Introduced as the world’s first stable blockchain technology-based social casino game, House of Slots is intended to provide users with the opportunity to experience the Play and Earn ecosystem before launch.
House of Slots will offer over 80 different social casino slot machine games and provide users with a realistic and fair gaming experience. Through the Web3-based Play and Earn system, users will be able to unlock rewards in the game’s decentralized economy, which will give users the opportunity to play games that will allow them to own more value in the game. This provides an opportunity for users of House of Slots to more fully own their value in the game. To this end, the IntellaX ecosystem developed by NEOWIZ in partnership with Polygon is already being serviced globally.
One airdrop event is scheduled before the launch, and user reward events will continue after the launch. Information on airdrops and NFT free minting events can be received through communities on Discord, Twitter, and Telegram. Links to the airdrop page can be found on Gleam. Users who participate in each event must install an IntellaX wallet to receive rewards, and wallet installation is possible through a simple login registration or by linking their email allowing users to easily participate in the events.
There are additional benefits through House of Slots mission play, and in particular, users who will own an NFT will receive more valuable rewards through the NFT holder limited event after opening. While slots may be a solitary game we have built up a community around it. Make sure to join our discord server to relive your big wins. You can also learn more about the upcoming events on our Medium page.
The most notable aspect of this project is the adoption of the stable USDC, a coin fixed to the value of the US dollar. Global users can play various social casino games for free and earn USDC with specific goods provided by the game. This will prevent the decline of the game token’s value, which has been the most notable issue with Web3-based games so far. As for the Play and Earn system, users will be paid USDC as a reward, ensuring stability in reward value.
To date, small and medium-sized game developers have experimented with the combination of Play and Earn games based on blockchain technology, but the in-game economies have not provided a stable structure that produces fair benefits to users.
The benefits have only been seen by developers in their token mining profits. However, House of Slots is the world’s first social casino game service based on blockchain technology that applies a Play and Earn structure that can fairly benefit users due to the use of the stable USDC in the game. Users will be expected to have the opportunity to use various services within the blockchain ecosystem as well as enjoy social casino games through the world’s first social casino game based on blockchain technology.
For more information, visit:
Discord | Telegram | Twitter | Medium
About Massive Gaming
Massive Gaming is an affiliate of NEOWIZ, focused on the production and publication of Crypto-enabled games and services. Learn more at our Medium – https://medium.com/massivegaming
Official website: https://massivegaming.io/
Contact
Press Relations
Bill Murphy
Massive Gaming
bill@massivegaming.io
Abu Dhabi, UAE, 20th February, 2023, Chainwire
Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has teamed up with Hub71, Abu Dhabi’s global tech ecosystem, to provide startups with enterprise-grade solutions and simplify blockchain adoption for businesses.
The collaboration between Venom Foundation and Hub71 will focus on accelerating the growth and adoption of blockchain technologies in the Middle East and North Africa (MENA) region and beyond. Venom Foundation will work closely with Hub71+ Digital Assets, Hub71’s dedicated Web3 and Digital Assets specialist ecosystem, to help startups as well as enterprises with business development, digital asset regulation, blockchain adoption, and related technologies.
The Venom-Hub71 collaboration was brought together by Iceberg Capital, the regulated investment manager based in ADGM which will further leverage its network and expertise to assist the parties in reaching their common objectives.
With an aim to raise industry standards for incubation, acceleration, and grant programs, Venom Foundation will deploy its expertise and know-how in venture capital, venture building, and technology to support startups to grow and scale from Hub71+ Digital Assets. Additionally, startups and established businesses will be able to benefit from the use of the Venom blockchain to successfully transition from Web2 to Web3.
As part of the partnership, Venom and Hub71 will also work together to onboard local and international startups to Hub71+ Digital Assets. By joining the specialist ecosystem, startups will be able to engage and collaborate with a diverse range of partners and leading Web3 entities to accelerate the transition toward disruptive blockchain technologies. Startups will also benefit from Hub71’s value-add programs and incentives.
Peter Knez, Chairman of the foundation council at Venom Foundation, commented: “Collaboration is the key to unlocking the full potential of emerging technologies. We are proud to have struck such a great collaboration, here in the financial heart of Abu Dhabi. By working together, we can build a better future for businesses and communities, from Abu Dhabi to the world.”
Elodie Robin Guillerm, Head of Growth and Strategy at Hub71, said: “We are excited to be collaborating with Venom Foundation to help startups in the MENA region develop and scale Web3 technologies from Abu Dhabi. By bringing together leading industry experts and players such as Venom Foundation, Hub71+ Digital Assets is accelerating the growth of disruptive businesses and creating commercialization and investment opportunities for founders.”
Startups onboarded to Hub71+ Digital Assets will also gain access to Venom’s infinitely scalable blockchain architecture and a team of highly skilled specialists that will help them build their Web3 solutions.
Mustafa Kheriba, the Executive Chairman of Iceberg Capital, said: “We are pleased with this promising partnership between Venom Foundation and Hub71 and we are confident that this partnership shall be very beneficial for the development of Web3 technologies throughout the region. Iceberg will leverage its expertise in helping both parties achieving their shared objectives”
The Venom blockchain is an asynchronous chain that uses a state-of-the art dynamic sharding technology while maintaining decentralization, scalability, and security.
Venom Foundation provides the essential infrastructure that enables startups to grow within a regulated and scalable environment. The Foundation’s primary focus is on technologies in the MENA region that provides easy and secure migrations to Web3 for both private and public organizations and governments, while also handling massive transaction volumes with no increase in network latency or costs.
Hub71’s vibrant community consists of over 200 startups operating in 20 economic sectors. Founded on the values of partnership and collaboration, Hub71 connects entrepreneurs with impact-driven investors and corporates and supports them with scaling their businesses and accessing global markets.
About Venom Foundation
Venom is the first licensed blockchain operating under the jurisdiction of the ADGM, with a license to issue utility tokens. The ADGM is an oasis for investors and financial services firms, positioning Venom as the world’s first compliant blockchain, affording authorities and enterprises the freedom to build, innovate, and scale.
A portfolio of in-house dApps and protocols has been developed on the Venom blockchain by various companies. It now harbors the potential to become a bridge for the adoption of CBDCs in the Middle East, North Africa, and worldwide.
For more information, visit: Website | Twitter
About Iceberg Capital
ICEBERG Capital Limited is regulated by FSRA as a Prudential Category 3C investment manager based in ADGM. ICEBERG Capital is a fast-growing alternative asset management company that provides diversified investment management platforms that includes direct and private equity, venture capital, technology, and virtual assets. ICEBERG Capital also offers traditional asset management services such as investment portfolios in local and international markets, financial instruments (equities, ETFs, commodities, derivatives, etc), as well as specialized platforms for securities, and blockchain technology.
For more information about Iceberg Capital, visit: Website | LinkedIn
About Hub71
Hub71 is Abu Dhabi’s global tech ecosystem that enables founders to build globally enduring homegrown tech companies in any sector by providing access to global markets, a capital ecosystem, a global network of partners, and a vibrant community filled with highly skilled talent, governed by forward-thinking regulation.
Backed by the Government of Abu Dhabi and Mubadala Investment Company, Hub71 is growing its vibrant community of tech startups, investors, government, and corporate partners to ensure the availability of investment, commercial activities, and incentives from the public and private sectors. Through Hub71’s entrepreneurial infrastructure, value-add programs, enabling services and support packages, founders can build, and scale widely adopted technologies with purpose and impact. Hub71 is on a mission to introduce new minds and technologies to Abu Dhabi, finding new ways to build globally enduring technology companies and sustain the nation’s continuous economic development. For more information visit www.hub71.com and follow us on @Hub71AD #Hub71.
For more information, visit: Website | Twitter | LinkedIn
Contact
Adam Newton
pr@venom.ventures
Singapore, Singapore, 18th February, 2023, Chainwire
NvirWorld – a blockchain technology innovation company, and World Vision – a non-governmental organization (NGO) for international relief and development, have signed a business agreement at the World Vision Korea headquarters. The MOU with the world’s largest NGO aims to develop a transparent and healthy donation culture using NvirWorld’s self-developed blockchain patent technology, which is expected that will contribute to activating the transparency and reliability of the current donation system.
In particular, NvirWorld’s patented technology enables transactions and payments in places without network connection or natural disasters such as earthquakes happened this month on the 6th in Turkey and Syria. Through this patented technology, it is expected that payments and transactions can be made even without an internet connection or when a disaster happens.
The technology also provides a foundation for anyone to enjoy economic benefits equally and freely, even in situations where opening a bank account is difficult, and it is expected to create a transparent donation culture by incorporating it into the donation system and operating more donation campaigns that are free and fair.
NvirWorld, which is specialized in blockchain has been operating public-interest donation campaigns based on blockchain technology since its foundation to spread the positive effects of blockchain. Through various CSR activities, such as the UNICEF International Children’s Fund campaign for children in Afghanistan and Haiti, the Dokdo NFT donation campaign, and the Myanmar campaign, they have donated a total of $146,144.
Meanwhile, NvirWorld announced that it will donate all the profits from the exhibition sale of media artist Lee Lee Nam’s solo exhibition, “조우: Encounter” currently being held at NVIRGALLERY in Gangnam District, South Korea to support emergency relief efforts in Turkey and Syria, which are suffering from the aftermath of the earthquake through World Vision.
About NvirWorld
NvirWorld is a pioneering company that specializes in the development of blockchain technology and the provision of advanced services. NvirWorld currently operates various Ethereum and Solana multichain platforms such as the NFT Marketplace “Nvir Market”, the DeFi Virtual Synthetic Asset Investment platform “N-Hub”, “NWX” NFT, and their deflationary token “NVIR”.
Of particular note, NvirWorld has successfully addressed fundamental problems in the Play-to-Earn (P2E) model and has incorporated its patented technology into its upcoming Decentralized Exchange – INNODEX, scheduled to launch in Q1. With over 40 developers working tirelessly on expanding the ecosystem, NvirWorld is expected to make significant strides in the blockchain industry with its mainnet, which can even be utilized without an internet connection, planned for release in Q4. It is also worth noting that “NVIR” will serve as the designated gas fee upon the launch of their mainnet.
Contact
JiEun Sia
NvirWorld Limited
jieun.sia22@nvirworld.com