Los Angeles, California, 22nd November, 2022, Chainwire
Salil Shah joins DeSo after holding exec roles at Meta and Pinterest, most recently leading global go-to-market for Meta Fintech
Key Takeaways
- Salil Shah, former Meta, and Pinterest executive, has joined DeSo, a blockchain platform that has raised $200 million from Sequoia, Andreessen Horowitz, CAA, and Coinbase.
- The announcement comes as DeSo has experienced two consecutive months of over 120% Month over Month growth, particularly as consumers seek open, decentralized alternatives with the turmoil at Twitter
- Shah’s motivation for joining stems from his belief that DeSo has the potential to transform the creator economy.
DeSo is the first layer-1 blockchain capable of supporting content-rich social applications, and has raised over $200 million in funding from Sequoia, Andreesen Horowitz, Coinbase, CAA, and others. DeSo is well positioned to power next-generation web3 apps that give more ownership, transparency, and control to both creators and their fans.
After years spent building the category-defining technology underlying the platform, DeSo has now hired Salil Shah to scale the business. Shah has deep experience in business development, go-to-market, and partner ecosystems, most recently leading global go-to-market for Meta’s Fintech group.
With Shah’s expertise, DeSo is primed to accelerate its mission to re-imagine the creator economy, and expand the scope of web3 from purely financial applications to creator-focused social applications.
“Empowering and supporting creators is a mission I’m deeply passionate about,” Shah says. Shah adds that DeSo has built “the first blockchain platform that allows social content to be stored directly on-chain, giving creators more ownership, the ability to engage with fans across platforms, and the opportunity to build direct financial relationships with fans.”
“I’m excited to join this incredible team and partner with Nader to build the business as the industry moves towards the next phase of the creator internet, powered by web3,” he continues.
Shah will complement DeSo founder Nader Al-Naji’s deep technical expertise with his extensive business experience as a tech executive and strategy leader.
Leading an Emerging Category
Shah joins as the emerging category of “decentralized social” is showing signs of early growth, with DeSo recently experiencing 120% month-over-month growth (following 160% growth the previous month).
“This growth is being driven by DeSo’s ecosystem of hundreds of third-party apps, which are now starting to find retention,” says Al-Naji. For example, Diamond and Desofy have earned creators over $20 million in their early days off of novel monetization primitives like social tipping, social NFTs, and social tokens.
Several promising apps have recently launched on the DeSo platform, including Pearl, a web3 Instagram, NFTz, a decentralized NFT marketplace, and DAODAO, a social Kickstarter-like fundraising tool. And tools like OpenProsper, a social block explorer, provide data and insights into the growing DeSo ecosystem of developers, partners, and users.
“We’re seeing a flywheel start to form,” says Al-Naji. “Now that we have a seed of users and content, developers are building apps like never before, which is growing usage and content even more in a virtuous cycle.”
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. The DeSo mission is to decentralize social media the same way Bitcoin and Ethereum decentralized finance.
You can learn more about DeSo and claim your username on deso.com.
Contact
Growth Marketing Lead
Arash Ghaemi
DeSo Foundation
Ash@deso.com
Hong Kong, Hong Kong, 21st November, 2022, Chainwire
With over 100,000 candy-USDT in prizes, Candy Club World Cup extravaganza will turn up the heat with crypto winter and give crypto fans a much needed cause for celebration over the next 28 days.
Throughout the 4 week tournament in Qatar, Candy Club will give out over 100,000 Candy-USDT to players who sign up and play. With bonuses given out for wager sizes, parlays, pick the winner and more, this is the biggest web3 prize pool to showcase crypto’s love for the world game.
From moneylines, totals, proposition bets to world cup futures, Candy Club will offer the widest and most exotic World Cup wager options for the 64 games. As a premier online social crypto gaming platform, Candy Club opens the world of slots, blackjack, roulette, bacarrat, blockchain gaming and sports wagering to football and gaming fans around the world.
The best part of Candy Club’s World Cup campaign is that all wagers can be made using the largest selection of ERC20/BEP20 tokens available in the market. No longer are players restricted to making wagers in BTC or ETH, now they can use their altcoins to enjoy the fun and excitement of the World Cup.
As importantly, the ability to use any ERC20 or BEP20 token provides DeFi, NFT, GameFi & Metaverse projects with an utility token the choice to adding risk free utility to their token and give their community a much needed token use case this crypto winter.
“This World Cup, Candy Club is giving the crypto hodlnauts something to smile about. Since our launch at Token2049, we have been working crypto-speed to increase the token demand of all ERC20 & BEP20 projects and give all communities a ray of hope. That ray of hope is amplified during the World Cup where we want to reward all those who diamond handed during this crypto winter!’ said David Barrantes, President of Candy Club.
For any ERC20/BEP20 looking to increase their token utility through Candy Club, please contact our business development team on www.candyclub.io
About Candy Club
Candy Club is the world’s first social crypto gaming platform that accepts all Ethereum and Binance Smart Chain projects with a ERC20 or BEP20 utility token. Legally compliant and security focused, Candy Club opens the social gaming experience to over 14,000 cryptocurrency projects and over 73 million wallets.
Website | Twitter | Telegram |
Contact
VP Marketing
Ryan He
Candy Club
ryan@playpeli.com
Delhi, India, 21st November, 2022, Chainwire
Tuition Coin aims to enhance the appeal of the Cardano ecosystem through its Teach to Earn nature. The venture will streamline participation in educational technology, benefiting students and teachers alike.
Tuition Coin is created by the Crystal Chain team and brings Teach to Earn to the Cardano blockchain. Teachers can tap into a new ecosystem free from being underpaid and overworked. Instead, they can explore cryptocurrency rewards by contributing to the global educational space.
Any teacher globally can become part of the Tuition Coin initiative. All they need to do is register on the Coins for College platform and verify their identity through a Know-Your-Customer (KYC) process.
Following the approval, they can begin creating educational content and earn cryptocurrency rewards by sharing knowledge. In addition, existing online content and lessons can be incorporated to build Tuition Coin’s open information sphere.
All content provided through the Coins for College platform is accessible free of charge to students. That positions Tuition Coin as a leading initiative to promote equality to high-quality educational resources and materials. It is a much-needed solution to the educational gaps that remain in place today.
Furthermore, students who complete lessons and tasks will earn Scholarship Points, allowing their overall progress to be measured through a streamlined system. Although the SAT system exists already, its influence is waning, and a new global standard for education is in high demand.
Tuition Coin has a maximum supply of 100 billion TUIT coins. Sixty percent is reserved for educators and can only be earned through contributions to the Coins for College platform. Teachers receive identical incentives for content regardless of whether it is newly created or imported existing material. However, all content must meet the 1EdTech standards to ensure it is suitable for remote learning.
With TUIT, teachers can supplement their income and give more students global access to educational resources. In addition, all content on the platform can be shared freely as it will meet age-appropriate guidelines based on the student’s country’s educational requirements.
About Tuition Coin
Tuition Coin is the cryptocurrency that powers the Coins For College platform. Created by Crystal Chain, Tuition Coin forms a key part of the reward mechanism for teachers creating content and lesson plans.
Students can access the content for free using the Coins For College platform and will be awarded Scholarship Points upon completing modules and assessments. These Scholarship Points will serve as a measurement tool to identify promising and deserving students who desire to pursue further education, but may lack the financial resources to do so.
Visit the Tuition Coin website to learn more about how you as an educator can get involved in shaping the future of generations to come. Join the community on Facebook, Twitter and Instagram for the latest updates within the TUIT and Coins For College ecosystem
Website | Facebook | Twitter | Instagram
Contact
Aman Kumar
info@crystalchain.org
Zug, Switzerland, 17th November, 2022, Chainwire
Sensorium, the company behind the industry-leading Sensorium Galaxy metaverse, is pleased to announce that it is entering into a collaboration agreement with Polygon Studios.
As part of this wide-ranging alliance, Polygon’s blockchain infrastructure will be crucial in underpinning and furthering Sensorium’s Web3 developments, supporting token and NFT-related features within the Sensorium Galaxy metaverse, SENSO dApp, and the recently announced UNDER project.
The first Sensorium product to rely on Polygon’s infrastructure will be SENSO dApp — a Play-to-Earn tycoon game where players are tasked with scouting NFT artists, organizing metaverse music events and selling tickets in return for SENSO token rewards.
“Polygon is a go-to hub for some of the most important Web3 projects and having the platform as our partner is an important step in raising the ambitions we have for Sensorium’s blockchain ecosystem. The move will also help us create better opportunities for our community to engage with cutting-edge technology and enter a revolutionary new era in digital experiences, which is one of the greatest goals at Sensorium”, explains Alexander Firsov, Sensorium’s Chief Web3 Officer.
Tens of thousands of decentralized apps (dApps) having been built on Polygon so far, the platform has become a major force in the push for Web3 development and adoption, with services catering to segments of the industry, ranging from decentralized finance (DeFi) to gaming and metaverses.
Urvit Goel, VP of Global Games and Platform Business Development at Polygon, said: “In collaborating with Polygon, Sensorium will be able to tap into a vast, sustainable, and highly composable ecosystem and offer its users low-cost and efficient transactions backed by Ethereum’s robust security model. We’re eager to see the Sensorium ecosystem grow and flourish under this alliance.”
More specifically, Polygon provides key Web3 properties to its users, including scalability, security and Ethereum-compatibility, which Sensorium will now be leveraging across its range of products.
Sensorium is edging closer to the public release of Sensorium Galaxy, a metaverse dedicated to delivering high-end entertainment events, and developed hand in hand with the world’s top technological and content partners.
About Sensorium
Founded in 2018, Sensorium is a leading metaverse and Web3 developer, leveraging cutting-edge XR and AI technology to deliver the next generation of virtual experiences in entertainment and beyond. The company’s award-winning Sensorium Galaxy metaverse stands as one of the first platforms introducing global users to multisensory activities across virtual reality worlds, including music concerts, meditation sessions, NFT original content creation and social networking with AI-based virtual beings.
Sensorium is leveraging its long-standing collaboration with the world’s best technology partners and chart-topping performers including David Guetta, Armin van Buuren and Steve Aoki, to shape the future of metaverse-ready events. In addition to powering high-end VR features, accessible through a wide range of interfaces, Sensorium is also pioneering blockchain and web3 solutions for institutional and private partners.
Website | SG Website | SG Twitter | SENSO Twitter | SENSO Telegram | SENSO Discord | SG Instagram | SG Facebook | LinkedIn | SG Youtube
About Polygon
Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with unique user addresses exceeding 174.9M. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.
Website | Twitter | Ecosystem Twitter | Developer Twitter | Studios Twitter | Telegram | LinkedIn | Reddit | Discord | Instagram | Facebook
About Polygon Studios
Polygon Studios aims to be the home of the most popular blockchain projects in the world. The Polygon Studios team is focused on supporting developers building decentralized apps on Polygon by providing Web2 and Web3 teams with a suite of services such as developer support, partnership, strategy, go-to-market, and technical integrations. Polygon Studios supports projects from OpenSea to Prada, from Adidas to Draft Kings and Decentral Games to Ubisoft.
Twitter | Facebook | Instagram | Telegram | Tiktok | LinkedIn
Contact
Head of Content
Matias Lapuschin
Sensorium
matias.lapuschin@sensoriumxr.com
Hong Kong, Hong Kong, 17th November, 2022, Chainwire
Candy Club has successfully integrated into the OKC ecosystem and added a use case for the OKC token and community. OKC is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKC ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users.
Since Candy Club’s launch at Token2049 Singapore, the social cypto gaming club has been working with Ethereum layer 1s, Polygon, Binance Smart Chain & Tron projects to increase their token utility and demand despite the bearish sentiments.
“Candy Club’s chain agnostic token utility driver offers all projects an equal and fair access to elevating their token demand. We are proud to see Candy Club integrate with OKC to offer our ecosystem and community not only increased use cases tokens within our ecosystem, but also through a fun and social way to use them” Nicholas Soong, Director of OKC Ecosystem Development, Asia Pacific
In 5 weeks since launch, 25 token projects are in the process of onboarding onto Candy Club’s social crypto gaming platform and in turn offer their communities to experience over 600+ live casino, slots and sports wagering games using a derivative of each project’s native ERC20 or BEP20 token.
Through a tech and cost-free integration with Candy Club, the added capacity for any ERC20, BEP20 or TRC20 token to be used as an in-game coin in all Candy Club games increases the project’s token utility, improves token demand in crypto winter and re-engages otherwise stagnant communities in a bear market.
Furthermore, Candy Club’s Bonus Partner Program provides token projects a monthly reward of up to 1% in the cryptocurrency used by their community. This in turn translates into a healthier token treasury that can be used to accelerate token burn, allocate much-needed funds to ensure projects reach their roadmap milestones and give projects the financial flexibility to thrive this crypto winter.
“The last twelve months have been a tough bear market for the crypto Industry, many project tokens have not traded in months. Candy Club was born with the mission to not only bring crypto space together, but offer Token projects the ability to provide their communities with additional utility for their tokens. This allows projects to increase members’ engagement and improve their treasuries to weather this crypto winter and continue to build new updates to their projects.“ David Barrantes, President Candy Club
About Candy Club
Candy Club is the world’s first social crypto gaming platform that accepts all Ethereum and Binance Smart Chain projects with a ERC20 or BEP20 utility token. Legally compliant and security-focused, Candy Club opens the social gaming experience to over 14,000 cryptocurrency projects and over 73 million wallets.
Website | Twitter | Telegram | Youtube |
About OKC
OKC is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKC ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users.
Website | Twitter | Discord| Telegram | Youtube | Reddit| DevCommunity
Contact
VP Marketing
Ryan He
PlayPeli
ryan@playpeli.com
Cupertino, CA, 17th November, 2022, Chainwire
Emerging from dStorage leader 0Chain, Züs arrives at the perfect time to solve one of the major problems facing Web3: how can a decentralized internet rely so heavily on centralized cloud data solutions? Züs, an open source protocol, is a high-performance, lightning-fast decentralized storage network which will open the door to the limitless possibilities of Web3. Züs, the God of the Sky, will finally take Web3 beyond the cloud.
As blockchain technology continues to evolve, so does how people and businesses use it. With Web3 now manifesting in full, an unprecedented amount of data, including sensitive personal, financial, and health data, is expected to aggregate. Yet much of the decentralized internet continues to operate on centralized cloud servers. Züs heralds a new era in how data is stored and accessed, creating a powerful economic catalyst for a new “cloud” industry.
“0Chain has evolved from a blockchain technology, a journey we embarked on 5 years ago, to a cloud solution platform that empowers people and businesses to be limitless,” said Saswata Basu, CEO. “Züs is ready to power the full arrival of Web3.”
0Chain’s vision has always been to empower people with access to and control over their own data. The change to Züs reflects the increased power of the chain through product development and economic model maturation, and symbolizes the company’s deep commitment to the Greek principles of fair and open governance.
Züs’s unique decentralized storage platform opens the door for people and businesses to be limitless, and enables small business growth and passive income for individuals.
Differentiating it from previous dStorage protocols, Züs is able to match AWS S3 performance. While platforms like Filecoin and IPFS are good for archival storage, their slower-than-average transaction speeds present long term limits for Web3 storage. Züs solves this problem through its parallel architecture, which has the benefits of better security, privacy, availability, and cost transparency.
Züs is also pleased to announce an ecosystem of dApps that will be available soon. Enabling limitless privacy, security, resiliency, and creativity, these dApps will revolutionize how individuals and businesses store and access their data, how NFT creators can enhance their asset value, and how DeFi can be de-risked.
To learn more about how Züs can empower you or your business follow @Zus_Network on Twitter or visit their website zus.network .
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About Züs
Züs (formerly 0Chain) is a new way to store data and provide storage, build apps, enhance NFT value, and earn a living from storage income.
Contact
Press Contact
Ayele McCarthy
Züs
ayele@elkordyglobal.com
(240) 280-4387
Seoul, South Korea, 14th November, 2022, Chainwire
ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage.
As of the FATF guidance on verifying the originator and beneficiary information on virtual asset transactions, knowing the identities of the crypto wallet holders have been required. In order to comply with the FATF’s guidance regarding unhosted wallets, jurisdictions have started applying enforcement and supervisory measures to local VASPs.
To jurisdictions looking for a simplified Travel Rule solution, especially for personal crypto wallets, ARGOS ID plays a key role. ARGOS ID brings the following benefits to VASPs:
Easy connection to unhosted wallets
With ARGOS ID, crypto wallet holders can easily verify the information of their multiple crypto wallets. Creating a crypto wallet is done without submitting any personal information. In order to verify the holder of the crypto wallet, it is necessary to verify the identity information of the wallet holder. ARGOS ID helps on identifying the unhosted wallet users to both the originator and the beneficiary.
After the creation of the ARGOS ID users can connect to multiple crypto wallets such as MetaMask, Phantom, WalletConnect, and more with just a one-time identity verification process(KYC).
Digital ID suitable for Web 3 environment
ARGOS ID provides an ideal environment where individuals can manage information by themselves. It is suitable for the Web 3 environment as ARGOS ID users can decide which information to delete or revise after completing crypto wallet verification. Information includes SNS login, verified crypto wallet, and photos submitted for ID and selfie during the KYC. The owner of the wallet can manage his or her personal information as ARGOS ID is a self-sovereign digital ID.
Simplified procedure for verifying multiple personal wallets
Connect multiple crypto wallets with one-time KYC (Know Your Customer). The KYC process must be completed after creating ARGOS ID. Currently, ARGOS ID supports 5 blockchain networks – Ethereum, Solana, Binance Smart Chain, Polygon, and Klaytn – and more will be added in the future.
Post creating ARGOS ID with social login, KYC is performed. Once KYC is completed, multiple crypto wallets such as MetaMask, Phantom, and WalletConnect can get connected and verified through ARGOS ID.
Virtual asset transactions available to the Third Party
ARGOS ID lets virtual asset transactions be possible for a third party, which means sending the virtual asset to non-VASP customers is also possible. For example, when a VASP customer wishes to send virtual assets to a third party, a person who is not a VASP customer, ARGOS ID can also be applied. Crypto wallet verification is available with ARGOS ID to both VASP customers and non-customers.
Once both crypto wallets are verified, exchanging virtual assets between customers and non-customers becomes possible. As both the sender’s crypto wallet and the receiver’s wallet have been verified including KYC, it is expected to alleviate the inconvenience of numerous virtual asset exchanges in the current stage.
ARGOS ID is a digital ID suitable for the Web 3 environment. Apply ARGOS ID solutions to your service as it supports you in meeting regulatory compliance on sending and receiving virtual assets. Safely secure the necessary sender’s and receiver’s information with ARGOS ID. With simple API and Web SDK, get ARGOS ID in your service ready without any delay. Experience the simple, fast, and easy integration.
About ARGOS
ARGOS has started the business aiming to provide seamless KYC. With the advent of Web 3 and the rise in the crypto industry, ARGOS has expanded its business into ARGOS ID. ARGOS ID aims at providing a Travel Rule solution for verifying unhosted wallets. Make Unhosted Wallets Compliant.
For more information, visit: Website | Twitter | LinkedIn | Medium
Contact
Marketing Manager
Jieun Lina Kim
Fullstack Inc.
jieunkim@argoskyc.com
82-10-6480-3423
London, United Kingdom, 16th November, 2022, Chainwire
Angelo, an investment platform tying physical fine art to NFTs, has announced its launch. The web3 platform aims to add a more tactile component to the abstract concept of NFT ownership.
The public will be able to experience Angelo for the first time when the platform soft launches with an art trading competition in December. This will provide the first hands-on access to the marketplace ahead of the official public full release in early 2023.
Angelo enables its members to invest fractionally in physical fine art via NFTs. The platform is targeted at a younger, digital-native demographic of investors who have previously had no access to physical art. Angelo will bridge the gap between the fine art world and the blockchain industry by supporting fractionalized ownership of physical art.
Angelo incorporates two core concepts: NFT fractionalization (a rapidly growing investment sector centered around NFTs divided into smaller fractions), and the more mainstream notion of physical fine art ownership which has historically been out of the average investor’s reach.
Angelo aims to become the home of the art collection for the next generation of forward-thinking investors. Such individuals are excited by the idea of capitalizing on a new investment opportunity but may retain reservations regarding the risks, applications, and value of NFTs.
An Angelo spokesperson said: “Everyone is welcome to join Angelo, from seasoned investors looking to diversify their portfolio to adventurers and pioneers who are new to the game but are excited to learn and grow.”
Angelo is soft-launching its platform with a unique art trading competition starting on December 5. Sign-ups open on November 17.
About Angelo
Angelo is democratizing the future of fine art by creating a curated ecosystem where creators, collectors, and art lovers can sell, invest, and trade fractionalized art using the power of web3.
For more information, visit: https://angelos.art/
Contact
Founder
Jordan Parkes
Angelo Ecosystems
socials@angelos.art
Berlin, Germany, 15th November, 2022, Chainwire
With a pitch contest, curated networking sessions and a dedicated mobile app to link people, projects and investors, Next Block Expo’s ambition is to become the most promising networking opportunity for the european blockchain community in 2022.
The first edition of the Next Block Expo event with a few thousand attendees will be held at the Berlin Station venue on 23 and 24 of November, linking the most influential people and projects in the web3 space. Brands that joined the event include: Ethereum Foundation, Binance Chain, Cosmos, Polygon, Near, Tezos, Solana, Aleph Zero and ohers.
With presentations and talks at the main stage, roundtables, workshops and fireside chats, NBX is an excellent opportunity for startups and already established blockchain companies to discuss current challenges and new trends. For blockchain community it will be a unique opportunity to meet that many well-known brands under one roof.
“We know the value of networking and collaboration in blockchain. Our goal is to facilitate the process and create friendly space and innovative tools for everyone to connect, discuss and share ideas, as well as help startups to raise capital and investors to find golden opportunities” – says Next Block Expo co-founder Tom Kopera.
All Next Block Expo attendees will get access to a smart-networking app dedicated to the event where they can:
- Find a list of attendees that fit their needs based on match-making algorithm
- Chat & schedule 1:1 meetings with other conference participants
- Create own, personal agenda for the conference by picking relevant sessions
- Learn about promos, special offers and side events prepared by companies attending NBX and partners.
Organizers, in collaboration with blockchain communities, prepared several special experiences, including:
- Dedicated content and networking coffee for Women in Web3
- NFT Exhibition by Tezos & NFT Club Berlin
- On-site podcast studio for interviewing founders run by Wom3n.DAO
- Christmas Networking Session by TheStandard.io & DAO Researcher
- Luxury cars exhibition by MetaDrivers
One of the unique events planned to link investors looking for opportunities with startups seeking financing is the pitch contest. It is designed for early stage web3 projects to present their idea and solution they are building to a group of specialists. Web3 founders will be able to quickly pitch their idea to a group of angel investors, venture capital firms, software houses and industry veterans. At the end of the pitch contest, 3 best projects will be revealed by the jury.
“This is a unique opportunity for founders to pitch their ideas, gather worthy feedback, make valuable connections and acquire funding for their future ventures.” – says Tom Kopera.
About Next Block
Next Block Expo is an extension of the previous event series held under the name Cryptocurrency World Expo over the last six years. The 2022 edition will be held on a scale of a few thousand attendees and 100+ speakers.
Berlin Station venue, where the event will be held, will offer 6 content themes for attendees related to DeFi, blockchain gaming and GameFi, scaling and infrastructure, web3 discovery and fundraising and investing.
For more information, check out the website https://nextblockexpo.com/
and follow NBX on social media: https://twitter.com/nextblockexpo/
Resources for participants, sponsors and exhibitors: https://linktr.ee/nextblockexpo/
Contact
Kacper Juraszek
kacper@nextblockexpo.com
Singapore, Singapore, 11th November, 2022, Chainwire
$INR is live on BitMart Exchange after several strategic partnerships and a successful listing on Huobi Global. The deposit feature opened on November 9, and the trading feature is set to open on November 11. The BitMart listing comes after the community’s request and voting to list the $INR token on the exchange.
Inery is a proprietary layer-1 blockchain specifically designed to address database management to fuel a paradigm shift in how data is handled. Inery’s native token, $INR, is to be listed on one of the leading and most trusted cryptocurrency exchanges in the world, BitMart, which serves over 9 million users in 180+ nations and supports 800+ crypto trading pairs and over 750 high-quality cryptocurrencies. This opens up an opportunity for Inery to spread its offerings to a wider audience and change the perception and approach to data management while providing value to the everyday user.
Ambitions to Decentralize Data
The way the Inery ecosystem is structured is in a way that breaks entry barriers to Web3. It combines the best of both worlds, the conventional and Web3 spaces, by integrating blockchain functionalities and distributed database properties; and provides an easy-to-use interface to enable the everyday user to easily communicate with the blockchain using layman-level language. Its high-performant, security, and scalability gives Inery different use cases in diverse sectors, including real estate, gaming, finance, governments, healthcare, etc.
Inery also aims to provide interoperability between chains, among other industries, without compromising on performance, scalability, and security. Built atop the proprietary layer 1 blockchain running on memory nodes, its decentralized database management solution (DBMS) enables users to perform CRUD operations as well as have complete ownership and control over their data, such that only users with predefined permissions can access it. This is essential in the technological era where user-generated content and big data are streaming in, and the physical world migrates to the virtual realms but is exposed to big tech manipulation, breaches, losses, etc.
The $INR token is essential in securing and powering the ecosystem and as a unit of exchange for accessing the decentralized storage of Inery DBMS.
Milestones
This subsequent listing comes barely over a month since the INR token was successfully listed on Huobi, where it was well received. Prior to that, Inery had launched its first public testnet and launched a set of activities where users are rewarded for completing sets of tasks. The second set of activities is currently ongoing, where the testnet has already registered 2000+ master and lite nodes from over 10 countries worldwide.
Inery has also carried out successful VC rounds, seeing firms like Metavest invest at a valuation of $128 million and Global Emerging Markets (GEM) commit $50 million. Other VC investors include Nebulous Holdings AG, Menas Global, Cap Lion Point, Truth Ventures, and Zazen. It has also strategically partnered with firms like NexBloc and EDDAVerse, and recently inked an MoU with Bharat Electronics Limited (BEL), a Navratna’s PSU that handles the entire Indian PSUs’ technical parts. The project has also been recognized as the “Best Emerging Blockchain Solution” at the Leaders in Fintech 2022 Awards.
Listing Schedule
Inery is scheduled to be listed on BitMart on November 11, with the trading pair: INR/USDT.
- Deposits started on 09/11/2022 at 3 PM (UTC)
- Trading starts on 11/11/2022 at 3 PM (UTC)
About Inery
Inery is a layer-1 blockchain solution designed to open the doorway to Web3 by enabling interoperability among blockchains and a streamlined transition from Web2 to decentralization. Inery’s simple-to-use GUI breaks entry barriers to the blockchain, enabling layman-level communication between end-users and the blockchain, while maintaining high throughput, unparalleled security, privacy, data sovereignty, etc.
Contact
Director of Marketing & PR
Tijana D Gertner
INERY PTE. LTD.
tg@inery.io