RINO, an enterprise-focused Monero Wallet, has recently launched a free Community Edition that allows everyone to benefit from some of RINO’s unique features.
The lack of professional tools and custody options has been a major obstacle to the business adoption of Monero. Other digital assets and coins have long benefited from a range of highly secure custody services offered by companies such as Bitgo, Fireblocks, and Copper. The RINO team wanted to address this shortcoming and enable the next growth phase of the Monero ecosystem. RINO’s first product is a feature-rich non-custodial wallet targeted at the enterprise. With the launch of the Community Edition, some of the core features of the RINO enterprise platform are now being offered to the wider Monero community for free.
All Monero users can now benefit from RINO’s highly secured 2FA authentication. Unlike other wallets, RINO guarantees the safety of the funds even if the wallet password is compromised.
With the Community Edition, users can access their wallets from any device. Wallets are always instantly synchronized without any waiting time upon connection. Sync happens even when users are away from their phone or laptop – they can even disconnect from their wallets completely and still receive a notification for each incoming transaction. With RINO’s integrated exchanges, one can also buy and sell XMR directly from the wallet (crypto-crypto is available now, and fiat is coming soon) at competitive rates.
RINO’s self-custody wallet is powered by multi-signature cryptography, following a 2-out-of-3 setup. The owner of a RINO wallet controls two of the three keys; the RINO platform controls the last key. Two out of three keys are needed to access funds, so RINO can never steal or spend its customers’ money. In daily use, a wallet owner uses one of their two keys to initiate transactions, with RINO acting as a controlling authority to add additional levels of security (e.g., requiring 2FA) and only co-signing transactions according to pre-agreed constraints and security policies. The last key is the owner’s “recovery key”, which should be kept in cold storage. Hence, should a wallet owner ever decide to discontinue their relationship with RINO, they can spend their funds without interacting with RINO at all.
The RINO team has been involved with Monero for many years and is excited to be an integral part of Monero’s next growth phase.
About RINO
RINO was launched by serial crypto entrepreneurs whose hearts and minds have been with Monero since its inception. Having run Monero services themselves for many years, they recognised major shortcomings in the Monero ecosystem and decided to do something about it. RINO’s mission is to bring world-class professional tools to the Monero ecosystem and enable the next phase of Monero’s growth.
Abu Dhabi, Abu Dhabi, 11th January, 2023, Chainwire
Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM regulated investment manager, officially announce that they have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF).
The blockchain-agnostic fund will invest in innovative protocols and Web3 dApps, focusing on long-term trends such as payments, asset management, DeFi, banking services, and GameFi. It aims to become the leading supporter of the next-generation digital technologies and entrepreneurs.
Venom Ventures Fund (VVF) will leverage Iceberg Capital’s network, expertise, and capabilities to offer incubation programs and access to an extensive industry network. Furthermore, it will assist the investee projects with marketing, exchange listing, technical, legal, and regulatory support.
The fund’s leadership team consists of some of the world’s most experienced traditional finance and blockchain professionals; including Peter Knez, ex-CIO at BlackRock and Mustafa Kheriba, a seasoned and well-known investment professional with an impressive track record in the MENA region. Mustafa has served on the Board of Directors of several financial services and insurance companies in the Middle-east and Europe.
Operated by Iceberg Capital, the fund will be investing in projects and teams from pre-seed to Series A rounds. It will strive to accelerate the adoption of blockchain, DeFi, and Web3 while generating long-term value for investors.
Mustafa Kheriba, the Executive Chairman of Iceberg Capital, said “We are thrilled to partner with Venom Foundation, launching their new $1 billion fund. Even though the blockchain industry is witnessing a steep correction in prices, we believe that builders will continue to build and innovate. With Venom Ventures, we will be providing financial, technical, and marketing support to the most promising teams and projects in Web3 space to help them bring their visions to life.”
The Abu Dhabi Global Market (ADGM) is an international financial center and free zone that provides market participants with a world-class legal system and regulatory regime. Established and operated by ADGM regulated entities, Venom Ventures Fund (VVF) will be transparent and will adhere to the regulations.
Peter Knez, Chairman of Venom Ventures, said, “I am delighted to be a part of the launch of our new Venture Capital fund here in Abu Dhabi. I am excited to work with a team of experienced investment professionals and talented people from the crypto industry, and we are ready to allocate strategic investments in the most innovative web3 start-ups that are poised for mass adoption. Our mission is to transform digital asset management and make a lasting impact on the industry. Venom is the ideal platform for us to achieve this goal.”
Venom Ventures Fund (VVF) leads the $20 million funding in Nümi Metaverse
The fund has made its first investment, leading Nümi Metaverse’s $20 million funding round. Nümi Metaverse is a universal platform for creators, innovators, and followers. Nümi will launch its ‘Visual Novel’ in 2023, a mini-game experience with a range of special prizes for players.
Nümi will also launch VR metaverse by the end of this year, followed by a PC and mobile version in 2024. The Nümi investment showcases the fund’s investment strategy. Developers and builders working on innovative Web3 projects are invited to apply for funding through the Venom Ventures Fund website.
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 Venom Foundation
Venom is the world’s first regulated blockchain. 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 Ventures, visit: Website | Twitter
For more information about Venom Foundation, visit: Website | Twitter
Contact
Adam Newton
pr@venom.ventures
Toronto, Canada, 28th December, 2022, Chainwire
- Dr. Ming Wu, co-founder of Conflux Network, was invited to Hong Kong to speak with various government and private organizations about the digital economy, innovation and technology, and has reached an initial strategic cooperation intention.
- Conflux is already in the process of registering related entities for the entry into Hong Kong, solidifying its role as foundational infrastructure for Web3.
- This follows October’s announcement of the “Policy Declaration on the Development of Hong Kong Virtual Assets” which has paved the way for a more hospitable blockchain environment in Hong Kong.
Dr. Ming Wu, Co-Founder of Conflux Network, was invited by the Hong Kong Government to discuss the rise of tech innovation through Web3 and how the Conflux Network could play a foundational role in these developments. During the visit, Dr. Ming Wu had an in-depth discussion with the heads and reception staff of various institutions under the new “Policy Declaration on the Development of Hong Kong Virtual Assets” officially released in October.
Over the past several years, stringent COVID-19 travel control measures and regulatory uncertainty saw many Hong Kong blockchain and crypto companies shift their businesses to more hospitable areas. This policy shows a significant refocus on digital assets and coincides with the launch of the first two exchange-traded funds for cryptocurrency in Hong Kong.
Dr. Ming Wu introduced the Conflux Tree-Graph public chain, explaining it is the only compliant, public and permissionless chain in China and has achieved 3000+ TPS, 5000+ nodes and 0.5s block generation. In terms of throughput, confirmation time, and cost of use, it has 2-3 orders of magnitude advantages over the international first-generation public chain “Bitcoin” and the second-generation public chain “Ethereum”. The system performance ranks first in the world.
Dr. Mig Wu said ‘Hong Kong’s open environment for crypto provides more opportunities for practitioners in Web3 and Metaverse, especially for those from China. People here have more freedom to make the technique and business innovations in a compliant manner. This will also accelerate the integration of Web3 into the traditional internet business and economies to maximally extract its value. By expanding to Hong Kong, Conflux will be able to take a whole different strategy and have the potential to become the foundation to fulfill the Web3 vision of Hong Kong.’
The expansion follows Conflux Network being named a potential unicorn, a private startup company valued at over $1 billion, in the Emerging Giants in Asia Pacific joint report from HSBC and KPMG. One of only five blockchain-related companies to make the prestigious list.
About Conflux
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
Contact
Melissa Tirey
Shift6 Studios
conflux@shift6studios.com
New York, United States, 27th December, 2022, Chainwire
With sales of non-fungible tokens falling for the 6th straight month, and falling by 60% in just Q3 to Q4 this year, it’s understandable to say the market is feeling pessimistic. A number of factors contribute to this such as interest rate increases cooling the economy and the novelty of purely aesthetic NFTs failing to attract investor attention.
Pessimistic Donkey College, hopes to rally the bear market by introducing the NFT project that provides a new investment opportunity with a focus on long-term growth of an investor community. This new project will be launching on January 15, 2023.
In order to help support investors, the project is also going to be run on a royalty-free model to encourage trading and participation in the project post-launch. This is in line with the innovative stake system being developed to run alongside it.
As an addition to launching the NFT, Pessimistic Donkey College will be producing a weekly mental health podcast to raise awareness and educate their audience on the increasingly important topic. This approach of pairing an NFT with a socially conscious project is a new step for the industry and demonstrates that NFT projects can be used for the public good.
The evolutionary goals of the project and their commitment to bringing pessimistic investors together in the bear market show an understanding that NFT projects need to change and develop past tools of investment and move into community-driven environments and can enact a positive social impact.
About Pessimistic Donkey College
Pessimistic Donkey College is a new NFT project by co-founders: JAY, Draco, DEL, TT, and their teams. One of the project’s major goals is to reinvigorate interest in the face of the bear market by offering a new collection of images as well as utilities and a royalty-return system.
The plans for this project are to take another step in the NFT space beyond previous competitors.
In addition to the minting of NFTs, the project will also produce a weekly mental health podcast.
Contact
Draco
Pessimistic Donkey College
info@pessimisticdonkeycollege.com
Tokyo, Japan, 23rd December, 2022, Chainwire
Astar Network, the smart contract platform for multichain, has been awarded the Product of the Year at the 4th annual Blockchain Award by the Japan Blockchain Association. Astar Network’s founder and CEO Sota Watanabe bagged the Person of the Year award for the second consecutive year at the same event.
Both Astar Network and Sota Watanabe emerged as the favorites of the Japanese Web3 community in a survey conducted by the Japan Blockchain Association (JBA). The JBA is the largest blockchain association in Japan, consisting of 171 companies including bitFlyer, Coincheck, Microsoft, GMO, EY, Deloitte, PwC, KPMG, Toyota, and ConsenSys.
Sota Watanabe, the founder and CEO of Astar Network, said, “We are delighted to have been recognized by the Japanese Web3 community. As Japan’s leading blockchain project, we remain committed to accelerating Web3 innovation through Astar. In 2023 and beyond, we will leverage our presence in Japan to unlock opportunities for entrepreneurs, developers, and users alike.”
Astar Network is the leading Layer-1 chain in Japan. As a parachain of Polkadot, it enables developers to build interoperable dApps. It supports both EVM and WASM smart contracts with cross-consensus messaging (XCM) and cross-virtual machine messaging (XVM).
As the Japanese government has made Web3 a part of its national strategy, Sota Watanabe is helping the government on the path forward. Sota has also been featured in the Forbes 30 Under 30 for both Asia and Japan. He has also been picked as one of the top entrepreneurs in Japan, and graces the cover of the latest edition of the Forbes Japan magazine.
Astar Network is the go-to blockchain for developers and enterprises interested in exploring the Japanese Web3 space. It’s also the first public blockchain from the country to be listed there despite Japan’s strict listing regulations. Astar’s native token ASTR is registered as a cryptocurrency, not a security, by the Japanese government.
About Astar Network
Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM) and cross-virtual machine (XVM). We are made by developers and for developers. Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build.
Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps.
For more information, visit: Website | Twitter | Discord | Telegram | GitHub | Reddit
Contact
Maarten Henskens
press@astar.network
Are you interested in starting your crypto exchange in the UK and obtaining a crypto exchange license requisite for your project? Are you afraid of possible failures because of the too-complicated regulatory framework? You are right at some points – the risk of rejection due to the failed compliance requirements is huge here. But, this risk can be minimized thanks to the tested experience of professional lawyers.
At the same time, the opportunities for raising big funds are enormous in the UK as well. The country has one of the biggest capital markets in the world. So, if you wish to start your own exchange or any other crypto startup and are called to obtain a UK crypto exchange license for that purpose, lawyers of Prifinance company are ready to guide you through the procedure to ensure a winning application in the end.
Steps to Get the So-called Crypto License in the UK
Why does the “so-called” license? That is because authorization in the UK is anticipated only – the Financial Conduct Authority (FCA) ensures that. This registration is some kind of alternative procedure that is implemented instead of licensing in its traditional meaning. Still, without authorization from the FCA, it is impossible or extremely risky to close any crypto deals within the UK territory.
In order to validate a crypto license in the UK (as we call it conditionally), it is necessary to pass these preliminary registration steps:
- Incorporate a separate UK legal entity that will serve as an authorized person for the purpose of arranging crypto deals.
- Open bank and/or EMI accounts.
- Find the company’s officers with the respective qualifications. In particular, it is necessary to emphasize the role of a compliance manager.
- Gather all the particulars of the company’s founders and affiliate entities. Precisely, natural persons need to share copies of personal IDs; and legal persons have to provide copies of their statutory documents and the confirmation of good standing. Providing the financial statements is also required.
- Form the registration package, providing among others:
- properly filled registration form;
- business plan;
- organizational chart;
- monitoring, risk management, AML, record tracking, and reporting policies;
- description of IT facilities available (the standardized templates are provided).
- Paying all application fees.
- Handling all the negotiations with the FCA officials, including providing extra documents and details that may be requested.
A registration plan may vary from case to case. Prifinance lawyers are ready to assist with your case and draft a personalized plan that will maximize the chances of success.
How Prifinance Lawyers Can Facilitate You
If you wish to start your crypto project exactly in the UK, Prifinance lawyers are ready to facilitate you with the easiest practical realization of this business objective, including:
- evaluating comprehensively your commercial background and particulars to find the best solutions for your future UK crypto project;
- registering a separate legal entity in the exact legal and organizational form to serve as a future crypto exchange;
- guaranteeing the overall compliance with the risk management and AML/CTF demands, developing all the required policies for this purpose;
- opening any bank and/or EMI accounts;
- handling all the required local negotiations with state officials;
- supporting with resolving all possible issues that may come on the agenda in the course of the next functioning of your crypto UK project.
Provide the details of your current business situation to get a more precise assessment and business solutions to the point. Prifinance lawyers are ready to share with you tested registration expertise to facilitate your project’s success.
Los Angeles, California, 15th December, 2022, Chainwire
Web3 Sports prediction app Maincard and Myria are joining forces to expand the appeal of NFTs. Maincard will benefit from Myria’s scalability focus as a trusted Ethereum L2 solution through the partnership.
Maincard recently announced its main net launch on the Polygon network. The Web3 sports prediction game went live the day before the 2022 Fifa World Cup kicked off. Core benefits of the platform include novel gameplay dynamics, NFT support, and the ability to earn rewards.
In late November, Maincard unveiled its first prize fund draw. A total of 6,000 MATIC tokens were distributed to the top and most active players on Maincard.io. Users who own a Maincard NFT can place wagers on upcoming events supported by the platform. Whether one wants to place many bets or a few small ones, all options are available within a fair and transparent ecosystem.
Although Maincard is built on Polygon, it is fully compatible with other EVM blockchains. In addition, the collaborative effort with Myria, a trusted Ethereum L2 solution focusing on growth and security, marks a significant milestone. Moreover, Myria is designed to focus on the future of gaming and unlocking the various benefits blockchain technology provides to that industry.
Several games exist under the Myria banner, including Metarush, Metakart, and Block Royale. Adding a Web3 sports prediction app highlights the potential of Myria and its overall scalability. Moreover, the team is confident NFTs represent much more than virtual art. Non-fungible tokens can serve utility and entertainment purposes, as illustrated by Maincard.
The play-and-earn nature of Maincard caters to a global audience of sports fans and enthusiasts. Users earn cryptocurrency for correct predictions involving sporting fixtures. Users who earn the most MainCoins receive their share of the prize fund. However, those who make inaccurate predictions will see their Maincard NFT’s life decrease. Restoring life is possible with MainCoins. The currency will also make its way to various exchanges in Q1 2023.
The partnership with Myria coincides with Maincard adding an NHL sportsbook to its Web3 sports prediction platform. Other support sports on the app include soccer, basketball, and the League of Legends esports scene. More sports will be added over time.
About Maincard
Maincard is a fantasy sports platform deployed on the Polygon network. The app enables gamers to speculate on the outcome of sporting fixtures against one another, receiving rewards via cryptocurrency or NFTs for making correct predictions. The application launched its main net after thorough testing just six months after its founders came up with the idea to spur Web3 adoption via gaming. Maincard hopes its innovative game mechanics will help encourage Web3’s mass adoption among the more than five billion sports fans worldwide.
Website | Discord | Telegram | Twitter | Reddit
About Myria
Myria is the first Ethereum Layer 2 scaling solution built for gaming. We make digital asset trading and blockchain gaming easy with our all-in-one platform, including the Myria NFT marketplace, Myria Wallet, Myria Game Platform, and a decentralized exchange. With the mission of enabling more people to build, experience and enjoy the benefits of blockchain and the metaverse, we are building a suite of developer tools including easy-to-use API integrations and SDKs for developers to easily harness our platform infrastructure to unlock the potential of blockchain. This suite of infrastructure will also underpin the expansive blockchain gaming ecosystem being developed by our gaming division, Myria Studios.
Myria Studios has a variety of free-to-play AAA blockchain games in the pipeline, spanning across genres from light-hearted multiplayer obstacle course games, action-packed battle-royale shooter games, and everything in between.
Website | Discord | Instagram | Twitter |
Contact
Val
val@maincard.io
London, United Kingdom, 15th December, 2022, Chainwire
Games Metaverse Platform Virtua will Collaborate with JLINGZ Esports to Build Unique Fan Experiences in the Metaverse.
Jesse Lingard and his JLINGZ esports brand have announced a partnership with games metaverse Virtua, which will see the England international and Premier League footballer expand his esports brand into the metaverse.
Working with Virtua will give Jesse Lingard, affectionately known to his global fan base as JLINGZ, the opportunity to reach the fans of the future and expand into Web3. This partnership will encompass metaverse esports, digital collectibles, access to exclusives, virtual spaces and video games.
To celebrate the announcement Virtua will give away Jesse Lingard VFLECT digital collectible avatars to the first 1,000 people to sign up, details of which can be found on the JLINGZ Virtua website.
The JLINGZ Esports partnership will headline the sports zone on Virtua Island, where fans will be able to support metaverse esports teams and play NFT/casual games in the metaverse. The sports zone will incorporate other celebrity and brand partnerships, creating further merchandising and digital ownership opportunities.
Virtua has successfully launched its games metaverse through partnerships with leading brands and celebrity figures, including Williams Racing, Legendary Entertainment, The Hero ISL, Shelby America, and Kevin Hart.
Jesse Lingard, JLINGZ Esports: “I’m always looking for interesting and exciting ways to engage with fans that are passionate about football, fashion and esports, that’s what the JLINGZ Esports brand is all about. Virtua is the perfect partner to explore the opportunities in the metaverse and meet fans in this exciting new space.”
Jawad Ashraf, CEO and co-founder, Virtua, added: “Jesse is a Web3 enthusiast, global sports personality and owner of a vibrant esports team, his brand transcends many different fan bases. His profile is perfect the Web3 audience, he’s a natural fit for the Virtua metaverse and we are delighted to be working with him to bring the JLINGZ Esports brand into the space.”
Jesse has been playing at the highest levels of European football for clubs including Manchester United, West Ham United and Nottingham Forest for over a decade. He’s also represented England 32 times, scoring six goals including a goal against Panama in the 2018 FIFA World Cup.
Jesse epitomizes the modern footballer and engages with the next generation of football fans on the platforms they feel most comfortable with. His unique style and enigmatic celebrations have formed a tight bond with young fans in particular. He currently has over 10m followers across Instagram and TikTok.
Interested in learning more about the collaboration and for a chance to win one of 1,000 Jesse Lingard VFLECTs? Sign up to the project mailing list on JLINGZ Virtua.
About Virtua
Virtua is a games metaverse that provides immersive Web3 gaming and digital collectible experiences through its interactive virtual environments, curated marketplace and brand partnerships.
About JLINGZ
JLINGZ esports, Europe’s most exciting esports org was launched by Nottingham Forest midfielder Jesse Lingard last year. The org has quickly risen through the esports ranks in its debut year with some of the world’s top teams competing across Halo and Rainbow 6 Siege. The JLINGZ logo is taken from Jesse’s iconic celebration and has been quickly replicated by fans across the globe.
Virtua Press Office
Press Agency – 33 Seconds
Virtua Press Centre
Contact
Virtua
virtua@33seconds.co
Singapore, Singapore, 12th December, 2022, Chainwire
BinaryX launches a new 220,000 BNX Cyber Incubation Fund, aimed at driving the growth and adoption of Web3 games.
The fund, supported by the project team, seed investors and members of the BNX community, will be used to invest in on-chain gaming projects that utilize or are experimenting with blockchain technology. BinaryX is also offering advisory services alongside the fund to bolster support for projects under the fund.
The fund will be used to provide resources and all forms of support for games at any stage, including early-stage, and late-stage development.
BinaryX Incubation Fund Distribution Breakdown
The fund distribution comes from the overall BinaryX fund as pictured below:
BinaryX will allocate 8% of their overall funds to the Cyber Incubation Fund, the amount is $12 million USD at the time of writing.
Rudy, Head of Growth at BinaryX, said:
“BinaryX is committed to accelerating the adoption of Web3 technologies in gaming. The fund is not limited to supporting blockchain games already in the space, but also traditional developer teams who want to experiment with blockchain in their games or NFTs. We believe in the overall growth and adoption of blockchain within the gaming ecosystem, and we will strive to support any project that is promising to that effect.”
Since launching the incubation arm mid-2022, BinaryX has invested in and incubated 2 GameFi projects. Its portfolio includes SHIT games, and Rh!noX NFT collection, with several exciting projects underway.
BinaryX will accelerate its search and adoption of projects in need of incubation, and offer support across all stages, including early-stage and late-stage development.
With this incubation arm, BinaryX aims to connect projects with BinaryX’s network of resources, advisors and investors to help projects go to launch. The Incubation Fund is open to receive applications and all year round, providing iterative support to any project at any stage of development.
The news comes amidst already refuted rumours that BinaryX is selling tokens. To reiterate their stance, Rudy said, ‘We would like to emphasize that there was no foul play from our team. We are entirely focused on our games, and we have been communicating our upcoming plans transparently.’ The team has just arranged a DAO vote to decide on the buy back plan for BNX, and are working to execute it alongside other strategic plans for long-term growth, including the development of their latest game, CyberLand.
About BinaryX
BinaryX is the GameFi platform behind play-to-earn games CyberDragon and CyberChess, both of which run on the BNB chain.
BinaryX began as a decentralised derivative trading system. The team gradually evolved into developing decentralised video games, and is now transitioning to becoming a GameFi platform offering IGO services to bridge Web2 developers to Web3.
As one of the top 10 projects on the BNB Chain, BinaryX has a vast community of more than 100k coin holders and 17K monthly active wallets. It is also one of the largest metaverse projects by trading volume on the BNB chain. BinaryX also has a token, $BNX, that has consistently demonstrated strong performance despite the bear market.
For more details and information about BinaryX, please visit www.binaryx.pro
BinaryX whitepaper | About BinaryX deck
Our Socials: Discord, Telegram and Twitter
Check out our games on our website and YouTube
Contact
Communications Lead
Sam K.
BinaryX
marketing@binaryx.pro
Bucharest, Romania, 12th December, 2022, Chainwire
After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into over the years.
Dypius has the suffix of the nebulae in the galaxy. Nebulas are the formations of gas, dust, and other materials that “clump” together to form denser regions in the universe. They attract further matter and eventually become dense enough to form stars, planets, and planetary system objects. Dypius is the place of creation of stars, planets, and life. This is Dypius, a place to create and shape the future!
DYP began as a DeFi protocol at the dawn of decentralized finance, offering earning opportunities on three different blockchains. However, it was clear from the start that it would be developing into much more than that. In fact, the team sought to build a decentralized ecosystem with multiple DeFi products and services.
Soon, DYP expanded to include 12 unique products bringing value to the crypto market and its users. These solutions include the advanced analytics DYP Tools offering real-time data, market insights, breaking news, and updates on the latest market trends to empower users to make better-informed decisions.
The newly-rebranded Dypius keeps the DYP Tools as one of the ecosystem’s most lucrative features. The same goes for the Dypius Launchpad, which supports new projects by helping them raise capital in a decentralized environment and get exposure to Dypius’ global community.
Additionally, the team is developing the Dypius Metaverse, a unique metaverse platform integrating the CAWS NFT collection. This engaging and convenient platform offers an immersive experience with exciting environments to explore, real-time user interaction, user customization, and much more. The platform will include a standalone application and a PCVR) play-to-earn (P2E) game allowing players to use their NFTs as companions in various adventures or to check their crypto portfolios.
Users can take advantage of the Dypius Metaverse to bring their real-life businesses into a virtual space. Moreover, users can access unique opportunities to earn rewards and in-game assets. This platform offers unlimited possibilities for regular users and businesses through sustainable growth and constant innovation.
The DYP founder Mihai Busica commented on the protocol’s rebranding to Dypius:
“From the beginning, I have always envisioned a project that users can benefit from in an accessible and secure environment. I am extremely proud of our expert team’s dedication and the project’s journey from a simple protocol to an advanced decentralized ecosystem. I urge our users to enjoy exploring our ecosystem and embrace each opportunity.”
About Dypius
Dypius, formerly DeFi Yield Protocol (DYP), is a rapidly developing DeFi ecosystem incorporating numerous versatile solutions, including yield farming, staking, NFTs, analytical tools, and Metaverse gaming. The project runs on unique smart contracts using the protocol’s proprietary anti-manipulation functionality.
The protocol’s token, DYP, is listed on top-tier exchanges, such as Coinbase, Huobi Global, KuCoin, Gate.io, MEXC Global, Bitrue, Poloniex, and others.
The upcoming metaverse-based P2E game allows players to socialize in the open virtual world through features like the Mall, an NFT Marketplace, a DYP Shop, and a Trade Station. Furthermore, the game will feature a balance section, enabling players to deposit DYP and iDYP tokens to their wallets, withdraw rewards, or transfer credits.
For more information and to stay updated, visit:
Website | Twitter | Telegram | Discord
Contact
Daniel Garett
Dypius
business@dypius.com