Crypto Intelligence

Dubai World Trade Center to host largest ever edition of Gitex Global

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Dubai will transform into the ultimate digital epicenter of the world next month as the UAE hosts the world’s largest tech show, converging the most advanced companies and best minds to deep-dive into the making of the Web3 economy. 

From Oct. 10 to 14, 2022 at the Dubai World Trade Center, Gitex Global returns for its largest-ever edition, featuring 5,000 companies spanning 26 halls and 2 million square feet of exhibition space. The size difference is an extraordinary 25% year-on-year increase, pushing its capacity limit at the venue.

The Gitex 3.0 edition in its 42nd year presents the most empowering curation ever with seven multi-tech themes experimenting in the Metaverse, a decentralized future of the internet, and a sustainable global digital economy. Gitex sets to wow with the year’s biggest and most immersive Metaverse experience across multiple sectors, from music, fashion and sports to lifestyle and business

Gitex Global 2022’s scale reflects digital ambitions of UAE and the region 

The five-day event’s record size and continued expansion mirrors the ambitions of the UAE and region’s digital transformation movement, as government initiatives such as the National Program for Coders, the Dubai Metaverse Strategy and Next GenFDI propels the UAE to the forefront of the global digital economy.  

This is amplified by Gitex Global 2022’s new launches of X-Verse sponsored by TMRW Foundation in collaboration with Decentraland — one of the world’s most immersive Metaverse journeys featuring 28 experiential brands — and Global DevSlam, the Middle East’s largest-ever coder and developer meetup, both of which sold out to a global audience within two months.

UAE companies also held the lion’s share of a record-breaking $2.6 billion in startup funding across the Middle East and North Africa in 2021, figures that underscore an additional hall and 30% increase to 1,000 exhibitors at Gitex Global’s startup event, North Star. 

His Excellency Omar Al Olama, Minister of State for AI, Digital Economy and Remote Work Applications, who delivered the welcome note at the official Gitex Global 2022 press conference today, said: “Gitex this year is bigger than ever. It spans 2 million square feet with over 5,000 exhibitors from more than 90 countries, which makes this truly the biggest tech show in the world. This year, my office has partnered with Gitex to ensure that we’re not just showcasing technology, but actually inventing and developing technology.”

In his speech, Al Olama also highlighted that the Global DevSlam event is poised to be one of the biggest developer events in the world. He concluded by thanking each and every single person that has believed in the UAE’s mission and who has supported the UAE.

Global interest accelerates UAE and region as a rising tech hub of the world 

Gitex Global 2022 will welcome an unprecedented 52% new exhibitors this year choosing the show and the UAE as the first-choice partner in their market access strategies.

The influx of global interest will see North Star hosting the biggest Unicorn meetup of the year in Dubai, with 35 Unicorns from 15 countries looking to explore new opportunities and expand in one of the world’s fastest-growing markets.

Influential UAE entities inspire R&D in transformative technologies 

UAE companies are shaking up the global tech scene with their bold undertakings and commitments in tech R&D and inventions, including Technology Innovation Institute (TII) a leading global scientific institution and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council. TII will have a significant presence at Gitex Global showcasing AI and Digital Science, Directed Energy and Autonomous Robotics Research. 

Gitex also unifies the participation of 250 government entities leading strategic digital projects and public-private partnerships, with Digital Dubai Authority and Abu Dhabi Digital Authority among the UAE government bodies advancing smart city and digital projects. 

More information is available on the website

About Dubai World Trade Center

With a vision to make Dubai the world’s leading destination for all major exhibitions, conferences and events, DWTC has evolved from being the regional forerunner of the fast-growing MICE industry into a multi-dimensional business catalyst, focusing on venues, events and real estate management. Complementary to the primary service offerings are a range of value-added services from media/advertising, engineering and technical consultation and wedding planning, security services and hospitality.


Cheelee allows users to Watch & Earn with their NFT glasses

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Cheelee is a short video platform with Watch&Earn mechanics that pays all users for viewing the feed. To get rewarded for watching the app’s smart feed, users will need a pair of nonfungible token (NFT) glasses.

The fundamental difference between Cheelee and other projects (move-to-earn or play-to-earn) is its focus on the social media market audience of 4.6 billion people rather than a limited crypto audience. Cheelee plans to attract the first billion people within four years, providing a growing monthly inflow of users.

The stability of Cheelee’s financial system is additionally secured by non-NFT-related income sources, including advertisements, in-game purchases and brand collaborations. These account for 30% of the total revenue, while in alternative projects, they only make up 1%. In addition, Cheelee will be directing 70% of advertisement revenue, in-app purchases and 100% of revenue from NFT sales and in-app transactions to the Stability Fund.

Another important advantage of the project is that users can earn by using Cheelee without having to make any investments at the beginning. Once the user registers their Web3 wallet in the application, they will receive a case containing Starting NFT Glasses. To earn more, users can upgrade their Starting NFT Glasses or buy new — even Rare —NFT glasses.

Rare NFT glasses, which generate more tokens than the Starting ones, can already be purchased. Starting on Oct. 24, the project’s team is giving away 500 pairs of Rare NFT glasses in cases. To participate in the giveaway, follow the link and complete the task. The results will be announced on Nov. 25 on the project’s social media accounts.

Learn more about the project on official Cheelee resources:


Legion combines NFTs and luxury Swiss timepieces in innovation Web3 project

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One innovative new Web3 project is seeking to break through new barriers by combining nonfungible tokens (NFTs) with real-world luxury Swiss timepieces, in-person masterminds and a vibrant digital community of visionaries, changemakers, high-net-worth individuals and blockchain enthusiasts.

The project, called Legion, consists of 333 NFTs. The mint happens on Thursday, Sept. 29, and demand was strong for this project during the presale phase. As of writing, over 110 NFTs have been sold by the founders through their personal networks. The price of each Legion NFT is 4.44 Ether (ETH) as of the mint.

“I call it a unicorn offer,” said co-founder Stefan Georgi, “because every time we share Legion with the right people, they want to be a part of it.”

Legion is the brainchild of futurist and exponential entrepreneur Jonathan Foltz, luxury watchmaker Craig Shah, entrepreneur and blockchain adviser Stefan Georgi, and genius brand creator Umer Hadeed. The team seeks to merge the worlds of luxury e-commerce, live events and digital communities in a way that’s never been done before. Further, their goal is to help drive society’s transition from Web2 to Web3 by getting everyday people to see how NFTs can have massive real-world utility.

“The use cases here are insane,” said Shah, founder of Craig Shelly watches in Beverly Hills and a partner in Legion, adding, “With many NFT projects, you’re getting some cool artwork and access to a Discord channel, but that’s it. With Legion, the watch alone is valued at $6,000 minimum. People routinely pay $25,000 to be part of good masterminds. And the community we’ve built around the project is second-to-none.”

How Legion plans to revolutionize the world of in-person masterminds and event

To partner Foltz, it’s the community and network aspect that’s most exciting. “For those who don’t know, masterminds are essentially just ‘get-togethers’ where like-minded people work together to achieve a common goal. In the case of Legion, our mastermind community is filled with leaders in Web3, e-commerce, investing, exponential technologies, real estate and other industries, all collaborating and sharing ideas and opportunities.

Here’s the unique part, though: Because membership is held through the Legion NFT, people can buy or sell a membership to this community at any given time on secondary markets like OpenSea. This hasn’t been done before in the world of in-person masterminds, but it’s going to become the norm.”

The Legion NFT reveal will be happening at a live party for all Legion holders on Oct. 8, 2022, in Las Vegas. For anyone interested in finding out more about the Legion project, including the team and its roadmap for 2023 and beyond, you can go to www.wearelegion.xyz.

“I’ve worked on some incredible projects with companies like Samsung, Coca-Cola, Nokia and Huawei,” said Hadeed, co-founder of Legion, adding, “But I don’t know if anything has ever had me more excited. This project truly has the potential to accelerate the transition from Web2 to Web3. And it’s going to be fascinating to watch.”

The Legion NFT project at a glance

Real-world Swiss watch drop and claim:

333 luxury watches directly from Switzerland — from our partnership with renowned Swiss watchmaker Craig Shelly.

  • 321 Watches — $6,000 value each.
  • 11 watches — $20,000 each.
  • 1 Tourbillon watch worth $150,000.
  • Randomly selected upon reveal. 
  • Each watch is fully custom, sequentially numbered and to never be built again.

In-person masterminds:

  • Oct. 8 NFT reveal event in Vegas (PGA Tour events from Oct. 6 to 9).
  • March and September 2023 NFT members-only masterminds.

13 digital masterminds:

  • From December 2022 to December 2023.
  • Digital masterminds for collaboration, networking and building.
  • The biggest players in Web3, blockchain, marketing, the investment space, business development and technology — all together in one place.

Legionnaire-based NFT art by world-class artists:

  •  Combining the classic Legion style with a futuristic look and feel.
  •  Each one of these magnificent art pieces is your portal into the Legion community.

NFTs are tradable on secondary markets:

  • OpenSea
  • Rarible
  • Other Ethereum-based NFT marketplaces.

The timeline and sequence of events

  • NFT Mint: Pre-reveal — Sept. 29, 2022, happening at https://www.wearelegion.xyz/
  • NFT Reveal: Oct. 8 at 8 pm in Las Vegas. Part of an NFT holders-only event at the PGA Tour from Oct. 6 to 9.
  • Luxury Swiss timepiece claim: Dec. 1, 2022, to Jan. 31, 2023.
  • Monthly digital masterminds: December 2022 to December 2023.
  • 2 in-person masterminds: March and September 2023.

Media Contact

info@wearelegion.xyz

About Legion

It is founded by Jonathan Foltz, Stefan Georgi, Umer Hadeed and Craig Shelly. The founders have extensive knowledge and experience in e-commerce, innovative product design, blockchain development and the private mastermind event space.


Supermoon Camp to run during Art Basel in November and December

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Building on recent success, Supermoon Camp together with The Web3 Gallery just held its Mainnet Gala during Messari Mainnet week. Mainnet Gala welcomed over 300 executives, investors and talented entrepreneurs for three hours of networking and an immersive art experience. 

Supermoon is bridging together executives, investors and founders with a mission to elevate the Web3 space. Mainnet Gala was a successful result of Supermoon’s effort to achieve its mission, revealing future plans, including the Supermoon 2023 initiative that will go beyond high-impact events to facilitate the growth of Web3 projects at the very beginning of their journey. 

Supermoon is bringing onboard reputable advisors, mentors and entrepreneurs to enable the Supermoon 2023 initiative and its goal to advance the Web3 space.

Not stopping, Supermoon will embark on another Supermoon Camp during Art Basel this Nov. 30 to Dec. 5. The renowned five-day pop-up event unites crypto eclectics and thought leaders at a private venue in Miami for innovative collaborations, talks and relationship-building. The last night of the camp will culminate with the legendary Mansion on the Moon event at a secret venue in Miami. 

Supermoon Camp helps professionals build genuine and lasting relationships through an exclusive community of blockchain innovators, enthusiasts and high-impact networking events. 

Web3 Gallery is the world’s first crypto, Metaverse, Web3 gaming and NFT experience, quickly becoming a hub for Web3 innovations.

Socials


ITV Studios and Reality+ partnership sees launch of Thunderbirds NFT collection

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A landmark partnership between ITV Studios and Reality+ means fans will soon be able to buy and trade officially licensed nonfungible token (NFT) artwork based on the classic TV show Thunderbirds.

ITV Studios has partnered with Reality+ to create the “Thunderbirds: International Rescue Club,” a premium, utility-focused NFT community experience that represents an exciting reimagining of the classic property’s unique style and vision for the 21st century.

Owners of Thunderbirds: International Rescue Club artworks will be granted access to their own unique avatar for use in The Sandbox metaverse alongside unique competitions, giveaways, free drops and official merchandise, and a generative art drop on Sept. 30.

Sebastien Borget, co-founder and chief operating officer of The Sandbox, said, “We’re pleased to partner up with ITV Studios and Reality+ to launch the legendary Thunderbirds franchise into the metaverse. The Sandbox continues to bring culture and entertainment with Thunderbirds, allowing fans to own, play and become creative as they imagine and bring to life new adventures and stories with their characters of the original series.”

The project will also give holders the opportunity to take part in real-world “Rescue Missions,” in which funds generated via the Thunderbirds: International Rescue Club’s NFT sales will be used to aid charities and good causes around the world.

The Rescue Missions

Thunderbirds: International Rescue Club is an international organization set up to change the world, one rescue mission at a time. A global community of Thunderbirds fans all over the world joining together to support our missions. The project has raised 7,500 British pounds of its fundraising goal, and as part of the launch this week, 20% of all future sales go directly toward helping charities like Dobrich Dog Rescue. The community will help to decide what future missions Thunderbirds: International Rescue Club undertake. 

Mission 1 took place at Dobrich Dog Rescue in Bulgaria, a charity that rescues and rehomes stray dogs. 


The List: New NFT project to give members exclusive access to clubs, festivals and more

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With massive festivals and clubs partners, such as Amnesia Ibiza, World Club Dome, Green Valley, Supersonic, We Are Fstvl, Caprices, Junction 2 and many more to come, The List will be the only one you’ll want your name to be on.

The List is setting a foundation in the form of establishing partnerships with some of the best clubs and festivals and building a community around this first nonfungible token (NFT) collection, on which Klubcoin is going to continue building, indeed many partners of The List are also part of the Klubcoin ecosystem.

The wristbands

7,777 unique NFT wristbands will be minted, each of which will be adorned with a slug coming from the dance music lexicon, with various categories, colors, backgrounds and styles to ensure the rarity of the items of the collection.

“I play vinyl,” “You are not on the list,” “We prefer Z to A,” “Techno,” “Burning man changed my life” or “I hate airports” will be part of many different words and expressions coming from the scene’s terminology. Each wristband carries the rave culture wherever it goes.

The 3D modeling, design and concept execution of the project is done by Broken Egg.

Generative 3D rendering will be used to create the 7,777 NFTs with more than 130 traits and millions of possible renditions, which will be immortalized on the blockchain.

The lucky owners of the two rarest categories will receive a physical bracelet, the in-real-life version of their NFT.

Lifetime access

More than 150 exclusive items of the collection will grant lifetime access to worldwide famous clubs and festivals, such as Amnesia Ibiza (Spain), World Club Dome (Germany), Green Valley (Brazil), Supersonic (India), We Are Fstvl (United Kingdom), Junction 2 Festival (United Kingdom), Caprices Festival (Switzerland), Rampage Open Air (Belgium), Barcelona Beach Festival (Spain) and many more.

This non-exhaustive list of iconic clubs and events is already growing and will be revealed a few days before the drop.

Exclusive shows by The List

Electronic music fans will have two more events to look forward to. The List in collaboration with Clubbing TV is going to organize a show during Art Basel in Miami (December 2022.) and a festival in Croatia (August 2023.). All of The List NFT holders are going to have an exclusive privilege to join these two events and meet their favorite artists.

In the metaverse

In addition to the IRL experiences, owning a wristband from The List will give you a wearable perk in one of the biggest metaverses, Decentraland. The wearable NFTs powered by DJenerates and Decentral Games will be airdropped to more than 5,000 selected owners of the collection, giving access to exclusive events in the metaverse and to the VIP area of the Amnesia and JENR8 virtual clubs.

Whitelisting for the future party in the metaverse to be launched by Clubbing TV will be granted to all The List holders for future land sales.

Other perks

Owning a The List NFT is going to unlock a few other benefits: participation in weekly giveaways, where you could win signed merch from an artist, LP box sets, tickets to hyped events and exclusive access to new releases.

Also, The List holders are going to have the power to create and manage a podcast and a TV show on Clubbing TV.

JOIN THE LIST:


Decentralised social network Sociogram launches

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Today we are happy to announce the launch of Sociogram. The first social network with a focus on decentralization and security. 

Sociogram respects the basic human right of freedom of speech. With the help of decentralized protocols, it allows you to return this right that traditional social networks have stripped you of.

We also stand for: 

  • Freedom of choice and freedom of sharing.
  • The right of users to own their content and dispose of it, including selling or buying directly from other users if needed.
  • Self-regulation of content, which means that users can act as moderators and decide the fate of any questionable content. 

What it is

With Sociogram, you can communicate, create, share your content and search for users with similar interests. It is a perfect match for those who want to produce and distribute their visual or text content freely and be able to express any opinion without restrictive algorithms or shadow bans. 

Sociogram does not own user-generated content, which removes the possibility of editing, deleting or banning user-generated content, as the platform has no right to do so.

Sociogram is based on Web3 principles, and freedom of speech and uses blockchain technology to store the content in the ERC1155 token standard, which allows users to own the content they’ve created, unlike mainstream social networks. In traditional social networks, users transfer content ownership rights to the platform after publication.

Why we built it

We believe that online privacy is of key importance now, and everyone has the right to keep their data secret. With Sociogram, you don’t have to worry about data leaks.

Like everyone else, we are fed up with targeted ads. Actually, we see it as personal boundary violations. We aim to protect your personal data from marketers, advertisers and scammers while encouraging open communication. 

No ads, no content curation, no personal data collecting, no data resale. 

With Sociogram, it is impossible to collect data for subsequent use for any kind of manipulation, like the one we’ve seen with the Facebook–Cambridge Analytica data scandal.

We stand against the imposition of any content and blatant mind control. There are no hidden algorithms, no censorship or any kind of content manipulation on Sociogram. Any content imposition or shadow bans are nonexistent. Sociogram shows the content of your subscriptions in chronological order without any curation algorithms.

Why it’s secure

Sociogram is built with an emphasis on decentralization and gradually applies decentralized blockchain protocols without affecting the user experience.

Sociogram is a more secure social network compared to mainstream ones, as it is based on blockchain technology and doesn’t store any personal data. What Sociogram stores are usernames and public account addresses. Your profile assets are also safe, as Sociogram doesn’t have any access to them.

The only authorization method is via Web3. It lets you log in quickly and easily, without disclosing personal information sensitive to a data breach, like your email or phone number.  You are not forced to use your real name either — you can choose any username you want.

As Sociogram is based on the principles of freedom of speech and privacy, we stick to the General Data Protection Regulation requirements so we neither use your data for targeted ads nor disclose it to third parties. You can learn more about Sociogram security here.

Messenger

To ensure maximum security, chats in messenger are always protected by end-to-end encryption. This means that only you and your contact can read them. Encryption and decryption keys are individual for each user, which increases the level of communication security. 

We are creating a new reality where personal data is always personal.

There are three levels of security that you can choose from in security settings:

  • Light
  • Medium (set as default)
  • Advanced.

We’re holding a Web3 meme contest now with a $15,000+ prize. The results will be on October 14. More info on our website.


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WhiteBIT Token lands Huobi listing

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On Aug. 25, 2022, the WhiteBIT cryptocurrency exchange debuted its native token. Four weeks after being added, WhiteBIT Token is moving on to the next world-leading crypto platform. On Sept. 22, at 11 am (UTC), the WBT/USDT trading pair also became available on Huobi.

WhiteBIT Token became famous before its launch due to a list of bonuses and privileges it provides. The crypto community is still showing great interest in owning WBT. Users bought the first million tokens just 15 minutes after launch. 

WhiteBIT Token provides exclusive opportunities to its holders:

  • Reduced maker and taker fees
  • Free Anti-Money Laundering checks
  • Free withdrawals of ERC-20 tokens
  • Up to 50% referral rates.

The token’s creators also announced that more WBT use cases are coming as the exchange plans to integrate the asset into the state economy sector later.

WBT is also known for its price, as it became worth $7.08 after the first week of trading, with an initial price of $1.9. WhiteBIT aims to support the overall interest through weekly burnings. It bought and destroyed over 4 million tokens for $22,609,198. WhiteBIT will use the combustion mechanism until it has destroyed 50% of the total supply of 400 million tokens.

A strong marketing campaign also backs WBT. The first trading competition and an airdrop were an instant success, attracting more and more attention to the young, promising asset. It is clear that WBT has a well-balanced strategy, and new achievements await it shortly.


Inery Token $INR goes live On Huobi following successful VC raise

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Singapore, Singapore, 28th September, 2022, Chainwire


$INR is live on Huobi, after successful VC rounds and several strategic partnership announcements. Trading officially opened at 13:00 UTC today, September 28th and the project saw its token trending up from $0.22 to $0.44 within the first few hours. The listing is an important milestone for Inery on its journey to revolutionize how data is handled on the decentralized web.

Inery, a decentralized data system envisioned to enable a new paradigm for data management, has been listed on Huobi exchange, one of the world’s leading crypto exchanges, supporting over 1000 trading pairs and more than 600 cryptocurrencies. This will help bring Inery’s vision to the markets and onboard more people in its mission to reshape the world through the paradigm shift in data management.

Inery Decentralized Data System

Specifically designed to address database management by integrating blockchain functionalities and distributed database properties, this project aims to enable interoperability between different industries without compromising security, speed, or performance.

Inery Decentralized Data System will enable users to read, write, delete, and control their data, ushering in a new decentralized and secured internet era, where data loss and misuse will no longer be an issue. With a proprietary blockchain running on MEM (memory) nodes, Inery is able to ensure this, while adding a level of encryption guaranteeing data privacy.

Made to not only provide an upgrade to Web3, but also be more eco-friendly and cost-efficient, Inery is a project offering real-world use cases to individuals, enterprises, and governments in the space of healthcare, GameFi, finance, and more. 

The $INR token is the network’s native token, used to secure and empower the Inery ecosystem. 

Successful VC round, partnerships, recognition

The listing comes after Inery carried out successful investment rounds, where it saw VCs like Global Emerging Markets (GEM) invest $50 million. Other venture capital investors to join Inery include Metavest who invested at a valuation of $128 million, Nebulous Holdings AG, Zazen, Menas Global, Cap Lion Point, and Truth Ventures

To develop use cases, Inery also announced strategic partnerships with Sadiqa, Crescotec, NexBloc, and the award-winning global marketing firm – Luna PR.

In recognition of its achievements, Inery has already received prestigious awards in the blockchain space. It was recently accoladed as the “Best Emerging Blockchain Solution” at the Leaders in Fintech 2022 Awards and its CEO Dr. Naveen Singh received the “Blockchain Leader of the Year” award at the prestigious GB Tech Awards. 

Inery is also one of the few projects to have a public testnet launch in August ahead of its listing. Its successful testnet release with over 160 nodes allowed developers to test the different functions and features of its blockchain. With the feedback received, it will move ahead with its mainnet expected to launch in Q1 2023.  

INR is currently live on Huobi with the trading pair INR/USDT. The token has achieved a trading volume of 1.2 Million $INR. It launched at a price of $0.22 and is trading at $0.43. Withdrawals begin tomorrow, September 29, at 13:00 (UTC).

During the first month of trading $INR on Huobi, traders can provide liquidity in the staking pools for staking rewards and transaction fees. Traders can also benefit from INR trading competitions to win awards in prize pools during the same period. Besides staking campaigns and trading competitions, they will run KOL competitions. Follow Inery’s announcements on Twitter and Discord to stay updated. 

Inery is led by Dr. Naveen Singh, CEO and Founder; Ivan Vujic, CTO and Founder, and Simon Murray, founder of Orange Telecom – CBE and Chairman. Mr. Satjiv S. Chahil, former Vice President of Global Marketing at Apple, recently joined the Advisor board as the new Principal Advisor prior to the $INR listing to help drive mainstream adoption. 

About Inery

Inery is a layer-1 blockchain solution that provides a decentralized, secure, and transparent foundation for decentralization of data and its management. Inery envisions a paradigm shift in data and database management by integrating blockchain technology and distributed database synergies.

Contact

Director of Marketing & PR


Sushi deploys to Kava, debuting major UI overhaul

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San Francisco, United States, 28th September, 2022, Chainwire


Sushi completes deployment to the Kava blockchain with a liquidity pool eligible for KAVA and SUSHI token rewards.

Earlier this year, Kava shook up the L1 industry with its Ethereum Co-Chain launch, sparking the fastest growth of protocols on any blockchain in 2022. Today, tier-1 DeFi protocol Sushi combines its deployment to Kava with an up to $7M matching rewards plan alongside their elegantly redesigned Sushi 2.0 user interface.

Providing liquidity to Sushi’s wKAVA/USDC pool deployed to the Kava EVM will be eligible for KAVA and SUSHI token rewards. Sushi’s deployment also enables users to create new pools with other asset pairs, especially after the Kava 11 upgrade and the Ethereum bridge later this year. These actions position Sushi as the primary decentralized exchange (DEX) on the Kava EVM.

“Kava is a 100% growth-oriented blockchain fueled by the Kava Rise incentives program. Sushi has believed in this program from the start and was an early pioneer. Today, I’m excited to announce that Sushi also chose Kava to premier a one-of-a-kind DeFi user experience. Kava aims to onboard and engage more protocols than all the other L1 networks. Kava will reach that goal with visionary partners like Sushi.” – Scott Stuart, CEO of Kava Labs.

“We are grateful to be a part of what we consider an exciting new blockchain infrastructure. We are humbled to be included as one of the first DEXes on the Kava chain. We believe Kava’s focus on growth and connecting with all kinds of projects to help them grow through the Kava Rise program is the best approach. Unveiling our new UI at the moment of this deployment is a testament to the importance of combining our forces.” – The Sushi team.

Sushi and Kava’s partnership milestone is made possible by Kava Rise, a $750M rewards program designed to push 10x growth on the Kava blockchain. Being a part of Kava Rise means all Sushi pools on Kava will accumulate programmatic, on-chain rewards for the Sushi protocol.

Alongside its deployment to Kava and introduction to the Kava Rise program, Sushi implements a new UI designed to improve the user experience, improving the user experience for Sushi’s most-used apps — Trident, Furo, and BentoBox. All of these dApps will be accessible from the Kava EVM and eligible for accumulating Kava Rise incentives for the Sushi protocol.

Sushi is an Ethereum-based decentralized protocol that delivers a robust suite of DeFi applications. The Sushi ecosystem currently holds over $1.5B in Total Liquidity with more than 150K Sushi token holders and 15.68K asset trading pairs. Users can interact with Sushi on 20+ wallets and 15 supported blockchains.

About Kava 

Kava is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network.

Contact

Media Manager


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