Dubai, UAE, 17th February, 2023, Chainwire
The 10th Global Forum on blockchain, cryptocurrencies and mining – Blockchain Life 2023 takes place on February 27–28 in Dubai.
The event is attended by key industry players, government representatives, heads of international companies and funds, investors, promising startups teams and beginners. It’s noteworthy that the Forum is a meeting point for a premium crypto audience including world Crypto Whales.
What to expect?
- Whales of the crypto industry at one place
- Top speakers with world-changing insights and analytics
- Global expo of the latest Web 3.0 technologies
- Breakthrough smart networking app
- The legendary AfterParty on the luxury yacht trip
Top speakers:
- Yat Siu – Co-Founder and Executive Chairman of Animoca Brands, Founder and CEO of Outblaze
- Sergei Khitrov – Founder of Listing.Help and Jets.Capital
- Ben Zhou – Co-founder and CEO of Bybit
- Dr. Marwan Alzarouni – CEO of Dubai Blockchain Center
- Carl Runefelt – Crypto Entrepreneur, Founder Of CryptoJobs.com
- Chris MMCrypto – Cryptocurrency Expert, Co-Founder of MMCrypto
- Gabriel Abed – Ambassador of Barbados to the UAE
- Dr. Mohamed Al Hemairy – Director of Technology Transfer Office at University of Sharjah, Blockchain & Crypto Advisor
- Manan Shah – Founder and CEO of Avalance Global Solutions and CyBirb
- Gracy Chen – Managing Director of Bitget
Where and when?
February 27 – 28, Dubai, Atlantis the Palm.
Buy a ticket with a 10% discount now using promo code 2023 here.
Contact
Media manager
Andrey Tretyakov
Blockchain Life
infopartners@blockchain-life.com
Willemstad, Curacao, 17th February, 2023, Chainwire
BC.GAME has teamed up with its new ambassador, Brazilian professional footballer David Luiz, to bring RIO Carnival to crypto casino players. A $1.2 million prize pool is up for grabs together with weekly cash prizes in the major gaming event.
RIO Carnival grants players the chance to earn RIO coins in order to win shares from the event’s $1.2M prize pool. RIO coins are an exclusive coin minted for the BC.GAME carnival event and can be primarily earned by making deposits or wagers within the specified period.
Coco, the mascot of BC.GAME shares, said: “Good times are ahead for our crypto casino community. RIO Carnival is just the start of more gaming and gambling opportunities that we’ve prepared for 2023. It’s time to broaden your horizons in the world of gaming where you can enjoy both rewards and gambling experience.”
Every $1 deposited grants 1 RIO coin and all deposits must be wagered to obtain the corresponding RIO coins. Earning more coins offers players a bigger share in the event’s prize pool. Players may also collect RIO coins through other means, such as daily logins and inviting friends to join the contest. The event runs from February 17 to March 16.
Players can also use their accumulated RIO coins to redeem weekly cash prizes for BC Dollars (BCD), where 1 BCD is equivalent to 1 USD. More details on the conversion are accessible through the RIO Carnival page.
RIO coins exchanged for BCD will be immediately burned upon redemption. If players want to win bigger prizes, they have the option to hold out for a chance to win a share of the $1.2M prize pool. The weekly redeemable prizes are refreshed every Friday at 00:00 AM UTC+0 throughout the event, allowing players to win up to $600 every week until RIO Carnival officially ends.
To learn more about the RIO Carnival, head over to https://rio.bc.game/.
BC.GAME 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.
About BC.GAME
Launched in 2017, BC.GAME is an online crypto casino known for offering a wide variety of online casino games, sport betting games, and live casino tables. It’s a licensed platform that allows players to deposit fiat and cryptocurrencies, creating a more convenient way for users to enjoy online casino games. BC.GAME recently announced David Luiz as the platform’s latest brand ambassador, giving the award-winning crypto casino platform a chance to connect with Brazil’s massive football community.
Contact
Issay Domingo
larswriter@bcgame.com
Irvine, California, United States, 16th February, 2023, Chainwire
The PlayDapp team announced the acquisition of ProudNet, the renowned peer-to-peer server network provider. This move is seen as an aggressive step towards entering the US gaming market and is set to provide game developers with the best possible technology in terms of stability and reliability for online multiplayer gameplay.
ProudNet, formerly a subsidiary of Pearl Abyss best known for cross-platform MMORPG Black Desert, is used by over 200 games globally. The company’s expansive portfolio is comprised of globally renowned titles, including Nexon’s “Vindictus”, Netmarble’s “Monster Taming”, “Seven Knights”, and “Marvel Future Fight” and Capcom’s “Street Fighter 5”.
Moreover, Proudnet is preferred by server developers for its patented technologies like System And Method For Changing Channels For Guaranteed Reliability Communications (Patent Issued 2016.5.31) and User Datagram Protocol Networking Method For Stability Improvement (Patent Issued 2019.6.11). It is this technology that enables the company to achieve world-class performance in online gameplay.
FPS, MRPG, MMORPG and other online, mobile, and social game-developing companies use Proudnet to make online gameplay more stable and reliable, which is notoriously hard to achieve. The company’s main client base consists of Asian game developers, however, with this acquisition, PlayDapp is looking to bring this game-changing technology to the US market.
An Acquisition to Transform the Gaming Industry
PlayDapp’s acquisition enables game developers to tap into the power of ProudNet’s P2P technology stack, by outsourcing most of the server development work and therefore significantly cutting costs. This means that developers can now deploy reliable, secure, lightning-fast peer-to-peer networks for their games with minimal effort and time.
Not only does this speed up development cycles and massively reduce costs but it also brings several other benefits that aim to increase the effectiveness of the game development industry. With ProudNet, PlayDapp will allow game developers to:
• Decrease the number of in-game drop-offs
• Reduce the cost of hosting by allowing games to be hosted on multiple servers instead of just one
• Significantly reduce latency and lag in online multiplayer games
• Process over 13,000 simultaneously connected players
• Employ multi-threading in server-to-server communication
• Achieve over 56% mobile hole-punching success rate
• Maintain gameplay stability at 98% or more.
When combined with the effective suite of PlayDapp’s blockchain products, the acquisition of ProudNet brings an all-in-one solution to developers.
PlayDapp’s Continued Market Growth
PlayDapp is a global blockchain middleware provider. It enables companies across many different industries to integrate blockchain technology into their business models and easily turn their assets into Non-Fungible Tokens (NFTs).
Notable partnerships include creating the Metaverse version of Samsung’s Everland, KB Bank (Korea’s Largest Bank) and PlayDapp’s blockchain-based C2C NFT Marketplace (formally Polygon’s Number one marketplace) allows gamers and users to freely buy, sell and trade their digital assets with each other. PlayDapp has seen tremendous success in terms of its market cap with a total of $133,240,187 at the time of writing (2/16/2023).
CryptoDozer, DozerBird, and Along with the Gods are just some of the company’s popular games. Players can expect even more games to come out of the press as the acquisition of ProudNet makes game development much more accessible.
PlayDapp is proud to announce the launch of its new office in Irvine, California, and will be utilizing ProudNet Technology for US game developers. With the newly added tech stack, PlayDapp aims to substantially improve the ecosystem of how games are created and experienced by users all across America.
About ProudNet
As the infrastructure to numerous game features, ProudNet enables advanced functionality such as real-time interactions across different devices, secure data transmission, and reliable latency. Game developers who are interested in learning more about ProudNet and its benefits should visit PlayDapp’s booth at the Game Developers Conference on March 20-25th, Booth S355.
ProudNet English Intro Video: https://youtu.be/4Yk2D7befpI
Website: https://proudnet.com/en/
Contact
Head of Global Marketing
Peter Song
PlayDapp
peter@playdapp.io
Toronto, Canada, 15th February, 2023, Chainwire
Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong later this year.
This will likely be followed by pilots in key mainland China locations such as Shanghai.
BSIM will dramatically lower the barrier to entry to Web3 for China Telecom’s 390+ million mobile phone subscribers, while making transactions faster and more secure. By making telecom users’ personal digital assets more secure, the goal is to make mobile phones more secure.
The BSIM card integrates Conflux’s Tree-graph, dual proof of stake and proof of work technology, enabling the highest system performance for any blockchain in the world. It uses the hardware security advantages of SIM cards to protect users’ private keys, which is a secure and convenient Web3 entry solution.
The BSIM Card is indistinguishable from a traditional SIM in appearance but the storage space is 10-20 times larger than the traditional SIM card, and the computing power is increased by tens of times. Users who switch to a BSIM card will be able to store digital assets safely, transfer their digital assets conveniently, and display their assets in a variety of applications.
The BSIM card will manage and store the user’s public and private keys in the card, and carry out digital signatures in a way that the private key does not exit the card. The BSIM card can also allow encrypted storage, key retrieval and other operations. The built-in Bluetooth module will be responsible for the signature and transfer of assets, to ensure the security of personal digital assets. This reduces the risk of the user being attacked by viruses and other malicious software on the mobile phone.
Users’ identifiers in the traditional world, such as mobile phone numbers, can be tied to their Decentralized Identifiers (DID). This will allow for better integration and interaction between virtual and real-world information. BSIM cards can also be combined with abstract accounts based on smart contracts, enabling blockchain applications to safely and efficiently use users’ crypto and traditional world information. Connecting DID with cell phone numbers may also alleviate some of the regulatory concerns stemming from the anonymity of the blockchain technology.
The initial agreement was signed in 2022 between Conflux Network and China Telecom and this prototype is the culmination of a strategic year-long engagement with the goal to build hardware products at the entrance to the world’s metaverse.
The research and development phase of BSIM card is now complete, and it has successfully connected with Conflux’s main network in the test environment. This prototype has the storage and sending functions of digital assets. Conflux and China Telecom will now focus on enriching the BSIM card’s ecological applications, with emphasis on games, payments and other fields.
Dr. Ming Wu, CTO of Conflux Network said “The BSIM card significantly improves the user experience and lowers the barriers to entry for Web3 and the Metaverse world for users. It is key to allowing Conflux to take its ecosystem to the next level. Collaborating with such a strong partner like China Telecom and initiating it from Hong Kong will allow us to enter the market in the near future, both in China and globally.”
Dr. Liang Wei, Deputy Director of Big Data and Artificial Intelligence Research Institute, China Academy of Telecommunication Research said “Blockchain-based digital identity lies in the core of future Web3.0, while blockchain-based digital assets are an important catalyst for the Metaverse. The BSIM card is positioned as the entrance infrastructure of the Metaverse, which provides differentiated functions such as telecom hardware security, intelligent digital wallet, as well as DID value-added services. Partnership with Conflux will accelerate the process of connecting Web2.0 and Web3.0 users in this most imaginative space.”
About Conflux Network
Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.
As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.
To learn more about Conflux, visit confluxnetwork.org or China Telecom visit http://www.chinatelecom.com.cn/
Dr. Ming Wu, CTO of Conflux Network and Dr. Liang Wei, Deputy Director of Big Data and Artificial Intelligence Research Institute, China Academy of Telecommunication Research are available for interview.
Contact
Melissa
conflux@shift6studios.com
Swanage, United Kingdom, 14th February, 2023, Chainwire
UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.
PEGA Pool is one of the world’s top 10 largest Bitcoin mining pools, according to BTC.com. With the growing adoption of Bitcoin, the Proof-of-Work mining operations have received a lot of criticism from individuals, corporations, and governments over the industry’s fossil fuel consumption. Countries such as China have banned crypto mining due to its negative environmental impacts. As a result, the industry is witnessing a spike in demand for sustainable mining options.
PEGA Pool’s mission to create a more sustainable industry began with its parent company PEGA Mining Ltd, which uses only renewable energy for its mining operations, demonstrating that large-scale Bitcoin mining with green energy alone is absolutely possible.
David Bungay, CEO of PEGA Pool, said, “I am very excited to announce the official launch of PEGA Pool, our British Eco-Friendly Bitcoin Mining Pool. Our journey began with PEGA Mining which gave us the desire to build PEGA Pool and provide the world with what was missing in our industry. We built PEGA Pool so that we could not only offer our clients a top-performing trustworthy mining pool but also provide them with an incentive to change the industry for the better and follow in our green footsteps.”
PEGA Pool offers an aggressive payout structure with a competitive Full-Pay-Per-Share (FPPS) model that incentivizes miners to switch to renewable energy sources. It is one of the highest paying Bitcoin mining pools for revenue per TH (Terahash). The platform is open to all Bitcoin mining clients, irrespective of what energy source they use.
Clients mining with renewable energy pay 50% lower pool fees. It not only rewards miners making a positive impact on the environment, but also encourages others to use renewable energy.
For those mining with fossil fuel sources, PEGA Pool uses a portion of their pool fees to plant trees in order to partially offset their carbon footprint. It has already planted over 148,000 trees, resulting in a yearly offset of 3,967 tons of CO2. This initiative gives miners the peace of mind that PEGA Pool is planting trees on their behalf to help offset their carbon emissions.
Currently, with the Bitcoin price low and mining difficulty rising, miners are finding it difficult to generate profits. With PEGA Pool, they benefit from the reduced pool fees, which can make a noticeable difference in their profitability. It ensures that miners can stay afloat even during the bear market.
PEGA Pool’s unique Global Pool Infrastructure ensures that it is resilient to outages and equipment issues, including those caused by natural disasters. Established and operating in the UK, the platform offers the world a trustworthy and reliable mining pool that was built by miners themselves.
About PEGA Pool
PEGA Pool is a UK-based, eco-friendly Bitcoin mining pool which enables clients to obtain a more consistent, stable income than they would mining alone whilst offsetting their carbon emissions. The platform is open to all Bitcoin miners, regardless of whether they use renewable or non-renewable energy.
For more information, visit: Website | Twitter | LinkedIn
Contact
Magda Lesniowska
marketing@pega-pool.com
Boston, USA/MA, 14th February, 2023, Chainwire
The Mojo Bowl is complete as Merit Circle DAO’s “ProfessorLP” emerged victorious in Mojo Melee’s first official tournament, presented by Mystic Moose in partnership with Community Gaming and sponsored by Magic Eden. The competition spanned two weekends with more than 1,000 participants playing in the open and closed qualifiers as thousands of viewers tuned in to watch the finals on Sunday, Feb. 12.
“Our first official tournament was a monumental event for Planet Mojo and our first game Mojo Melee,” said Mike Levine, CEO and founder, Mystic Moose. “Thanks to the incredible teams at Magic Eden, Community Gaming, Polygon and our other partners, the Mojo Bowl was an incredible success. We look forward to more exciting events and tournaments.”
With a prize pool of more than $10,000, Professor LP took home $2,000 as the winner and first-ever Mojo Bowl champion. All participants in the closed qualifier and later round received a Golden Mojo NFT and a whitelist for an upcoming Mint on Magic Eden.
“Planet Mojo is one of those games that really show you the potential of web3 gaming,” said ProfessorLP. “It’s exciting to see how our space keeps growing with these light, fresh games that are really enjoyable, easy to pick up but take a lot to master. I can’t wait to see what’s next!”
The Mojo Bowl was broadcasted on Twitch via Community Gaming as well as from the many popular creators participating. Magic Eden co-sponsored the tournament with and highlights the growing fusion between NFT Marketplaces and Web3 Gaming.
“Magic Eden was thrilled to sponsor and participate in the incredible Mojo Bowl,” said Chris Akhavan, Chief Gaming Officer at Magic Eden. “The competition was intense and brought out the best of web3 gaming. We’re excited for future collaborations with Planet Mojo including their upcoming Launchpad mint.”
“It was an absolute joy to host the first-ever Mojo Melee tournament alongside Mystic Moose,” said Chris Gonsalves, CEO at Community Gaming. “We’re already planning more events and collaborations for the rapidly-growing Planet Mojo community.”
About Mystic Moose
Mystic Moose is a leading Web3 platform, game studio and publisher, developing Planet Mojo. Created by game industry veterans and backed by leading funds, the studio’s debut title Mojo Melee is an auto battler currently in public playtesting. The title was recently nominated for “Best Esports Game” in the Gam3r Awards from Polkastarter Gaming and Best Strategy Game in the Web3 Gam3r Awards. The Mystic Moose team has over 25 years of game development experience from companies such as LucasArts, Electronic Arts and Activision. For more information visit https://www.planetmojo.io/
About Magic Eden
Magic Eden is the leading cross-chain NFT platform driving the next billion users to Web3. Led by former crypto, tech, and hospitality leaders, Magic Eden is building a user-friendly platform powered by market-leading minting and trading solutions. Magic Eden brings dynamic cultural moments onto the blockchain, empowering users across thousands of digital communities to create, discover and collect unique NFTs. For more information, please visit www.magiceden.io.
About Community Gaming
Community Gaming is an all-in-one esports competition platform, building cutting-edge infrastructure to foster the growth of web3 gaming and esports. Through its seamless UX and efficient Ethereum and Solana-based blockchain payment technology, the platform equips players, competition organizers, and game developers with the tools they need to create, facilitate, and participate in esports tournaments. Community Gaming believes in Earnings for Everyone, offering opportunities to monetize their passion for gaming through completing Quests, a daily content engine for earnings and game discovery. Connect with us at CommunityGaming.io, or on Twitter, Discord, Instagram, Facebook and Twitch.
Contact
Account Executive
Colin Regan
Zebra Partners
colin@zebrapartners.net
Vienna, Austria, 14th February, 2023, Chainwire
Pantos, a multichain token system conceived by the team behind Bitpanda, announces the public beta launch of its multichain protocol today. Developers and users will be able to use the public beta to send tokens, wrap native coins of supported chains, and soon also create and deploy multichain tokens easily with a few clicks.
Pantos is introducing a new Multichain Token Standard called PANDAS (Pantos Digital Asset Standard) to bring a truly multichain token system to the masses, enabling secure and seamless Web3 interoperability. 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.
The majority of today’s Web3 applications and bridges lack the security and smooth user experience needed to bring Web3 functionalities to the masses. Pantos aims to improve this by offering a reliable infrastructure and the right tools to empower developers to easily create multichain assets.
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. The public beta comes out after years of ground-breaking research in the fields of oracles, relays, smart contracts and blockchain efficiency. Pantos together with its researchers at the universities run one of the largest blockchain research labs in the world, as part of the Christian Doppler Laboratory Blockchain Technologies for the Internet of Things and have been able to secure funding for the project from the Austrian government.
Eric Demuth, CEO and Co-Founder of both Pantos and Bitpanda, said “We are thrilled to introduce the public beta after years of research in collaboration with some of the most reputed universities in Europe. We believe that Multichain technology will be a catalyst for Web3 and foster widespread crypto adoption. Pantos offers users the simplest way to access a multichain Web3.”
Bitpanda’s business expertise helps Pantos with the transition from a research project to a fully-functional product available to end users and developers in a simple and accessible way. Bitpanda will also be one of the first adopters of Pantos’ multichain token system. Furthermore, Pantos has secured a partnership with the leading Austrian bank, Raiffeisen Bank International (RBI), that is working with Pantos on blockchain interoperability solutions. Pantos’ native token PAN is currently available for trading on Bitpanda and N26.
Researchers at Pantos are developing technology that will allow users to transfer digital assets of any kind freely between different blockchain protocols in a completely decentralized and trustless manner. Using the new PANDAS-20 standard, developers will be able to deploy assets on a variety of blockchains without maintenance work. Interested users or digital creators who lack coding skills will be able to deploy their own multichain tokens with ease.
Though it aims to eventually become a fully decentralized open-source protocol with PAN as its own gas token, the public beta of Pantos comes with a trusted validation mechanism to ensure a smooth launch. This way, the team will ensure that the network cannot be attacked in its early stages, before it gradually evolves into a fully decentralized system.
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
Los Angeles, California, 14th February, 2023, Chainwire
DeSo, the layer-1 blockchain that raised $200M from top funds, including Sequoia, Andreessen Horowitz, and Coinbase-Ventures, announces the launch of DeSo Chat Protocol (DCP) — an on-chain, end-to-end encrypted wallet-to-wallet messaging protocol for web3.
DeSo Chat Protocol (DCP) is a secure, censorship-resistant messaging platform for web3 communities. It is built with cross-chain interoperability in mind, so it can easily integrate with any blockchain. With its ability to sustain 40,000 messages per second, it can scale to millions of users, cross-chain, with little to no gas fees. Ethereum is the first integration for DCP, but there are plans to partner with other chains like Solana and Near in the future.
When an Ethereum user logs in using MetaMask, they are instantly airdropped enough $DESO to send up to 10,000 messages.
Founder of DeSo, Nader Al-Naji, explains, “With its built-in interoperability, DeSo Chat Protocol is positioned to become the universal communicator for the entire web3 ecosystem. For the first time ever, NFT marketplaces like Opensea, MagicEden, and Rarible can integrate DCP to provide a safe, secure way for founders, builders, or creators to communicate regardless of the blockchain they use.”
DeSo Chat Protocol is a powerful communication tool that can be added to any app on any blockchain. Additionally, developers can create new, never before seen social experiences 100% on-chain. Furthermore, it provides white-labeling options so that web3 apps can launch with group chat and community-building capabilities without having to set up everything from scratch. DeSo is currently in talks with apps and NFT marketplaces to integrate DeSo Chat Protocol in the near future. That means communities on platforms like Opensea, Rarible, and MagicEden can communicate with each other no matter which app or blockchain they’re on.
Al-Naji continues, “That means that a user on Opensea can send a message to someone on Rarible, and a user on Rarible can send a message to someone on MagicEden without having to worry about gas fees making it easier than ever for web3 communities to scale and monetize on-chain with heightened safety and security to prevent hacks.”
DeSo Chat Protocol offers a wide range of features that popular messaging apps like Signal, Telegram, and Whatsapp have, such as group chat management, message edits, end-to-end encryption, and emoji reactions. Additionally, thanks to the money-native features that come with the DeSo blockchain, DCP can be customized to build novel messaging experiences that integrate NFTs, Social Tokens, Gated Messaging, and much more!
Crypto communities have been clamoring for their own web3 native chat application for the last several years, especially after the high-profile Bored Ape Yacht Club hacks on Discord. Most web3 communities are fragmented and forced to use archaic web2 messaging protocols, leaving them susceptible to hacks, attacks, and stolen assets.
Internet scams are expected to increase due to the explosion in popularity of AI, where deep fakes are difficult to discern from reality; blockchain-based identity and reputation could be the only way to verify whether someone is real, mitigating scams along the way.
Additionally, the DeSo Chat Protocol is positioned to become a major player in the global Blockchain Messaging Apps Market, which is expected to grow from USD 42.23 million in 2022 to USD 628.72 million by 2030 (an increase of 1389%). It stands out among other options because it’s built on the DeSo blockchain, specifically designed with scalability in mind, allowing decentralized social networks to reach billions of users while offering unmatched trust and transparency thanks to everything being stored 100% on-chain.
This is yet another step towards DeSo’s mission of becoming The Social Layer of Web3, a creator-led and user-owned internet powering the future of social media. With the recent launch of Openfund and MegaSwap, DeSo now boasts a full set of tools for founders and builders to launch apps that attract millions of users while creators can monetize in ways never before possible.
About Deso
DeSo is a new layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy applications to billions of users. It raised $200 million and is backed by Sequoia, Andreessen Horowitz, Coinbase Ventures, Social Capital, Polychain Capital, Winklevoss Capital, Pantera, and other blue chip funds.
Check out the full roadmap and claim your username.
Contact
Growth Marketing Lead
Ash
ash@deso.org
Abu Dhabi, Abu Dhabi, 13th February, 2023, Chainwire
Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a partnership with DAO Maker, a leading blockchain growth solutions provider known for their Launchpad, to incubate promising Web3 startups focused on delivering real-world use cases.
DAO Maker will actively assist in the development of the Venom ecosystem and contribute to the success of projects within the Web3 space. With DAO Maker’s support, Venom is confident that it will enable developers to make valuable contributions to the ecosystem and accelerate the growth of its community.
Venom Foundation and DAO Maker will actively incubate new projects through the Venom Launchpad. The Venom Launchpad will give promising Web3 projects and developer teams a unique opportunity to receive resources, guidance, and exposure from some of the most prominent players in the industry. It will leverage the combined expertise of DAO Maker and Venom Foundation to support startups in a wide range of areas including strategic planning, marketing and brand building.
Peter Knez, Chair of the foundation council at Venom Foundation, commented, “At Venom, we are dedicated to pioneering innovation in the blockchain industry. Our partnership with DAO Maker is a testament to this as we incubate promising Web3 startups and bring real-world use cases to life. We are proud to be a part of this exciting collaboration and eagerly anticipate its impact on the industry.”
Christoph Zaknun, CEO of DAO Maker, said, “DAO Maker is excited to partner with Venom Foundation to incubate promising Web3 startups. Our expertise in growth technologies and funding frameworks will support the development of the Venom ecosystem. I am honored to take on an advisory role within the Venom Foundation team and look forward to building the future of blockchain together.”
The partnership extends to the integration of the Venom blockchain and Venom Wallet in DAO Maker’s Launchpad. DAO Maker’s Launchpad with its well-known exposure and access to a wider audience for blockchain projects will assist Venom in continuously pushing the boundaries of innovation within the industry.
DAO Maker CEO Christoph Zaknun named advisor to Venom Foundation
Christoph Zaknun, who founded DAO Maker in 2018 and serves as its CEO, is taking on an active role as an Advisor to the Venom Foundation team. With an extensive amount of experience in helping projects raise funds since 2017, Mr. Zaknun will bring valuation insights and expertise to Venom.
DAO Maker provides growth technologies and authentic funding frameworks for startups, with the aim of reducing investors’ risks. It offers various key solutions for community incubation, fundraising, and growth-related tokenized businesses. In doing so, DAO Maker has established itself as a leading provider of growth technologies and investor risk reduction services.
This extensive collaboration highlights both DAO Maker’s and Venom’s commitment to innovation and their continuous dedication to helping promising new projects succeed in the blockchain space.
About DAO Maker
DAOMaker, is an organization that provides growth technologies and authentic funding frameworks for startups, with the aim of reducing investors’ risks. DAOMaker offers various key solutions for community incubation, fundraising, and growth-related tokenized businesses. In doing so DAOMaker has established itself as a leading provider of growth technologies and investor risk reduction services.
For more information, visit: Website | Twitter | Discord
About Venom Foundation
Venom is the world’s first layer-1 blockchain licensed by the Abu Dhabi Global Market. The decentralized network operates 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 about Venom Foundation, visit: Website | Twitter
Contact
Adam Newton
pr@venom.ventures
Ho Chi Minh City, Vietnam, 11th February, 2023, Chainwire
AshSwap, the first stable-swap DEX on the MultiversX blockchain (previously Elrond Network), is officially launching on the MultiversX mainnet on February 17. The DEX will seamlessly bridge critical DeFi functions and provide tighter spreads with a fraction of the liquidity on MultiversX.
In November 2021, AshSwap successfully raised $2.5 million in a private sale led by Elrond. The initial offering of ASH tokens on Maiar Launchpad sold out, with 70,000,000 ASH (7% of the total supply) valued at $2.8 million. AshSwap has since released all of its core features, which have been available on MultiversX Devnet since October 2022.
Following more than a year of rigorous testing and development, AshSwap will go live on the mainnet with the following functions:
- Pool V1 (Stable-swap)
- Pool V2 (Non-stable swap)
- Liquidity Provision
- Liquidity Staking (Farming)
- Governance Staking
- Yield Boosting
On and after the launch date, AshSwap will open three pools:
- USDC/UDST/BUSD (Stable-swap)
- ASH/USDT (V2)
- EGLD/BUSD (V2)
AshSwap will launch with Liquidity Provision, a feature that allows users to add liquidity in three available pools and receive LP tokens as receipts. There will also be the option to participate in Yield farming. LPs can stake LP tokens to earn ASH tokens as farming rewards. The distribution to the farms will be decided by the DAO.
By staking ASH in Governance Staking, users receive veASH (voting escrow ASH) in return and unlock multiple benefits. There will also be Emission Voting, giving veASH holders governance control over ASH emissions for each pool. The more votes a pool gets, the more ASH rewards will be allocated. Hence, the APR will be higher for that particular pool, attracting deeper liquidity.
Another core feature: Bribe, it will allow anyone to bribe veASH holders to vote for their farms. For example, if the owner of a project with token AAA wants to increase the liquidity of the pool AAA/USDT on AshSwap, they may provide incentives, called bribes, to encourage more veASH holders to vote for their pool.
AshSwap stands out because it is the first stable-swap DEX on MultiversX. In any blockchain ecosystem, stablecoins typically have a profound effect on yield farming and the borrowing/lending cycles. As a result, a DEX that provides a steady exchange rate is crucial to a flourishing environment.
Neil Nguyen, AshSwap CEO, said: “We have chosen to develop our product on the MultiversX because we think the team has laid out the most compelling vision for onboarding the next billion people into web3, and the technology, development philosophy, achievements, and especially the community, are a strong indication of their ability to execute on that vision.”
AshSwap believes that adding greater DeFi interoperability will boost capital efficiency for liquidity providers and maximize returns over time. That is why the AshSwap team intends to develop more trading products besides stable-swap in the future while still delivering a seamless and user-friendly interface to trade and manage assets.
Additionally, AshSwap’s native token, ASH, is designed to serve the sustainable growth of the protocol with actual use cases and incentivize liquidity providers on the platform.
To celebrate the launch of its stable-swap DEX, AshSwap is hosting a series of incentivized warm-up activities including:
- ASH staking reward pool in which veASH stakers will share a pool of 2,000,000 ASH over 27 days beginning on January 21.
- AshSwap Launch Race, a referral program that awards up to $1,000.
- 250% APY (2.5x) boosted for all pools within 7 days starting from the launch. Enjoy the lucrative APY here.
- Ash Point Custom Quest, three events for users to obtain ASH points by completing the Gleam quest, trading on AshSwap DEX, and staking ASH. The more ASH points you own, the higher your chance of being whitelisted in the upcoming AshSwap airdrop.
More information on these programs can be found here. Join the AshSwap community and participate in the future of decentralized trading today on app.ashswap.io
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Erik Pham
AshSwap
erik@ashswap.io