Author: chainwire

Camana Bay, Cayman Islands, April 22nd, 2024, Chainwire

The KARRAT Foundation is pleased to announce the launch of the KARRAT Protocol, which supports transformative AI and innovations in gaming and entertainment industries: from real-time animation content for the streaming industry and emerging products for retail, telecom, education and wherever imagination takes the community in the future. 

$KARRAT is the governance token of the KARRAT Protocol. Using $KARRAT, the community will determine how the KARRAT Protocol is integrated into games and products, empowering the community of players and consumers, much more than traditional entertainment titles have.

My Pet Hooligan is the first gaming title to integrate the KARRAT Protocol and $KARRAT

My Pet Hooligan is the first launch title for the KARRAT Protocol. The flagship IP of AMGI Studios. The My Pet Hooligan game features cutting-edge motion capture tech, AI-driven conversational non-playing characters, real-time face-driven animation in the game, and, using the KARRAT Protocol, allows players to embody an NFT in-game. My Pet Hooligan won Best Action Game at the GAM3S.GG awards in December 2023.

$KARRAT empowers community decision-making over the KARRAT Protocol.

Central to the ethos of the KARRAT Protocol is the concept of empowered community decision-making. Traditional gaming and entertainment industries have long operated within closed-off silos, leaving communities without a voice in crucial decisions. KARRAT shatters this paradigm, with cutting-edge, on-chain governance.

With KARRAT Protocol, the community takes center stage, with a governance model that fosters inclusivity, transparency, and active participation powered by $KARRAT.

Airdrop Claim for My Pet Hooligan NFT Holders.

Holders of My Pet Hooligan NFTs are eligible for a $KARRAT claim. Claims can be made on the KARRAT website.

$KARRAT is now available on Coinbase, Gate and KuCoin.

About KARRAT FOUNDATION

The KARRAT Protocol is a decentralized gaming infrastructure layer, supported by $KARRAT and empowered by a truly decentralized community with a shared vision embracing gaming, entertainment and AI products catering for the new era.

About AMGI Studios

AMGI Studios is an independent gaming and animation technology company that lives at the intersection of gaming, animated AI technology and storytelling. The studio develops and produces traditional entertainment IP, and gaming properties through the use of its proprietary technology, AI integration and innovations in real-time animation. With a high-caliber creative team composed of artists and creators from studios such as Pixar, Disney and Industrial Light & Magic (ILM), AMGI Studios aims to be the bridge between Hollywood and the global gaming community. AMGI’s vision is simple — to empower dreamers and doers to make groundbreaking content by merging artistry and technology.

Contact

Director
Matt Shaw
Karrat Foundation
tyler@karratcoin.com

Grand Cayman, Cayman Islands, April 22nd, 2024, Chainwire

Alibaba Cloud, AngelHack and dWallet are among the latest supporters for the global event.

Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, has seen funding for Sui Overflow, the first-ever global virtual hackathon focused on creating exciting products on Sui, double in recent weeks with enthusiastic supporters contributing funds. 

Initially set at $500k, after a groundswell of support from external backers, Sui Overflow’s funding pool has ballooned to $1,000,000. The sizable rewards pool is drawing builders from around the world to build projects on the Sui network and demo them to a panel of judges. Among the categories eligible for prizes are Consumer & Mobile, Infrastructure & Tooling, Gaming, and DeFi. Developers will also be encouraged to leverage specific technologies from the Sui ecosystem such as zkLogin, Advanced Move Features, Randomness, and Multi-chain capabilities.

Sam Blackshear, Co-founder/CTO of Mysten Labs and creator of the Move smart contract language, said, “Sui Overflow offers both new and experienced developers a chance to show off their Move skills and experiment with powerful Sui primitives like zkLogin, sponsored transactions, kiosk, DeepBook, and native randomness. Some of Sui’s top projects were born in previous local hackathons, so I am genuinely excited to see what the first global hackathon will produce.”

Past Sui-sponsored hackathons have been fertile ground for projects that began as hackathon entries but subsequently grew into sustained businesses on the network. Scallop began at Sui’s Seoul Builder House in June 2023 with a small team of developers that garnered first prize at the event. Today, Scallop has $117M in TVL and is one of the preeminent DeFi protocols on Sui. Navi Protocol is another of Sui’s “Hackathon Heroes.” A month after Scallop, the Navi team emerged, winning gold in the DeFi and Payments category at the Sui X KuCoin hackathon. Navi now has over $130M in TVL and is another leading DeFi protocol on Sui. 

In addition to support from title sponsor dWallet Labs, the hackathon will be sponsored by Elixir Capital, Alibaba Cloud, Comma3 Ventures, MoveBit, Scallop, GSR, Supra, Wormhole, AngelHack, Pyth, Ryze Labs and ZettaBlock. The awards presented in Sui’s hackathon for every category are as follows: $30,000 for first place, $15,000 for second, and $7,500 prizes each for two additional runner-ups. 10 $2,500 University Awards and 10 $2,500 Community Favorite Awards will also be awarded during the hackathon. Moreover, contestants are not limited to a single category. Individual teams can participate simultaneously in multiple tracks, stacking awards in excess of $100,000. Additionally a number of projects in the Sui ecosystem are offering their own separate bounties, adding even more ways for great projects and great teams to benefit.

With the doubling of funding to $1 million, Sui Overflow participants will now be eligible to receive accelerated Sui Foundation Grant Funding along with other benefits including audits and credits to support the successful launch of their projects after the hackathon is completed.

“The homegrown projects that spring from developer meetups and hackathons like Sui Overflow are an essential part of the lifeblood that will sustain the Sui ecosystem into the future,” said Greg Siourounis, Managing Director of the Sui Foundation. “The impact of Overflow has been strengthened substantially by the overwhelming support from the Sui community, which has enabled us to expand the potential rewards beyond our planned tracks to benefit the most promising projects with prudent funding, audit credits and selected accelerated grants.”

“Sui Overflow is more than an event; it’s the starting point for our brightest future blockchain innovators,” said Omer Sadika, Co-Founder of dWallet Network. “We are excited and honored to work together with all of the partners involved and look forward to the results that will come out of this hackathon.”

Users can apply, developers can register on the Sui Overflow portal and find all the further information. For regular updates, everyone is encouraged to join the Overflow Discord Server.

Registration Period: April 21 – May 31

Virtual Demo Day: June 15; 

Announcement of winners: Late June 2024

Contact

Sui Foundation
media@sui.io

Hong Kong, Hong Kong, April 22nd, 2024, Chainwire

Layer 1 blockchain Cronos has announced an integration with community-building platform Galxe. Cronos’ Spring Odyssey campaign will reward users who complete tasks with $35K in prizes allocated to participants.

Cronos Spring Odyssey is the first campaign to be hosted by Cronos since the completion of full Galxe integration. 30 projects have signed up for the initiative, spanning DeFi, NFTs, memecoins, and gaming. The list includes Cronos-based projects such as Veno, Orby, Croskulls, CorgiAI, and Bored Candy.

Users can take part by completing a list of pre-defined social and on-chain tasks to win prizes such as tokens and NFTs. The campaign starts on April 22 and will run for six weeks until May 31.

Cronos Spring Odyssey is the first program launched on the Galxe platform following its integration with Cronos. The initiative incentivizes users to engage with multiple blockchain projects encompassing four major web3 themes: DeFi, NFTs, Memecoins, and Gaming. The themes will be introduced in sequence every ten days, challenging participants to complete tasks such as swapping, staking, lending, and borrowing.

In addition to token prizes, participants will have the opportunity to earn unique NFTs for completing the quests tied to each themed week. This dual reward system is designed to incentivize active participation and enhance the overall user experience across the Cronos network. By gamifying interaction with Cronos dapps, the campaign will highlight the many projects and use cases available for users to experience on Cronos.

Galxe is the leading platform for building web3 communities. With over 14 million unique users, Galxe has propelled the growth of multiple blockchains and more than 4,600 partners through its reward-based loyalty programs. Cronos Spring Odyssey will shine a spotlight on the Cronos blockchain while educating users on the opportunities it offers for interacting with DeFi, gaming, NFTs, and memecoins.

Learn more about the campaign and participate: https://app.galxe.com/quest/cronos 

About Cronos

Cronos (cronos.org) is a leading blockchain ecosystem, adopted by Crypto.com and more than 500 application developers and partners representing an addressable user base of more than 80 million people around the world. Cronos’ mission is to make it easy and safe for the next billion crypto users to adopt self-custody in Web3, with a focus on Decentralized Finance and Gaming.

The Cronos universe encompasses 3 chains: Cronos (EVM), the leading Ethereum-compatible blockchain built on Cosmos SDK; Cronos POS, a leading Cosmos chain for payments and NFTs; and Cronos zkEVM, a new high performance layer 2 network. 

Cronos ranks among the top 15 blockchain ecosystems, safeguarding more than 6 billion dollars of user assets. Since launching in 2021, it has securely settled more than 100 million transactions.

Cronos Labs is the $100M start-up accelerator focused on Cronos.

Contact

Senior Marketing Manager
Danielle Hrin Kuek
Cronos
danielle.hrin@cronoslabs.org

Dubai, AEU, April 18th, 2024, Chainwire

Quest-based battler game Pixelverse, who recently partnered with Mon Protocol the web3 publishing protocol of Pixelmon has announced a “Play-to-Airdrop” pre-listing campaign aimed at enriching the Web3 gaming landscape. Combining elements of exploration, crafting, and combat within a rich cyberpunk universe, the campaign is launching today introduces a rewarding system for players who engage in the game’s diverse activities. 

Participants will have the opportunity to accumulate points through a variety of in-game activities, such as:

• Inviting Friends: Expand the community to earn points.
• Team Battles: Collaborative gameplay and victories trigger rewards.
• Bot Maintenance: A Tamagotchi-like system remunerates players for looking after their bots.
• Trading Activities: Active traders in the bot marketplace earn points.
• Battle Predictions: Correctly predicting battle outcomes triggers rewards.

These accumulated points will play a key role in determining players’ eligibility for a future airdrop event. In June, Pixelverse will distribute 10 million $Pixfi tokens to active and engaged community members, based on their contributions and activities within the game, the dashboard and more.

“In the crypto world, experimentation and early engagement are key,” said former Step App CEO Kirill Volgin, and now CEO of Pixelverse. “My work with Zerion and Step App reinforced my belief in rewarding those who help refine and improve our products through active use and feedback. With Pixelverse, we’re prioritizing our early adopters, ensuring they’re rewarded for their engagement and contributions, rather than allocating undue advantages to private investors. Every player in Pixelverse who experiments, plays, and provides feedback will have the opportunity to earn rewards. We’re committed to making continuous improvement a shared journey with our community.”

The Pixelverse dashboard will serve as the central hub for accessing the NFT marketplace and engaging in staking, further integrating players into the game’s ecosystem.

By focusing on rewarding the community and early adopters, rather than prioritizing high initial valuations, Pixelverse is dedicated to fostering a collaborative and engaged environment for all players.

The Play-to-Airdrop campaign is an open invitation to Web3 gaming enthusiasts to be part of Pixelverse’s development from its formative stages. The upcoming public sale on Raiser.co, scheduled for April 25, also offers users an opportunity to win allocation access via promotional efforts and demonstrate a deep understanding of the crypto landscape.

About Pixelverse

Crafted by ex-Step App CEO Kirill Volgin, the quest-based battler game Pixelverse integrates engaging PvE battles, a “Risk-to-Earn” system, and customizable NFT bots. It promotes third-party development via its SDK and Pixelchain infrastructure, marking a significant advancement in blockchain gaming.

For additional information, please contact:

team@pixelverse.xyz

https://t.me/pixelverse_xyz

https://twitter.com/pixelverse_xyz 

Contact

Dan Edelstein
PR@marketacross.com

Singapore, Singapore, April 18th, 2024, Chainwire

• At the Dubai Press Conference, Aethir Edge debuted as the pioneering edge computing device and the first authorized mining machine of Aethir, one of the industry-leading decentralized cloud computing infrastructure providers, alongside Qualcomm. It enables users to mine 23% of Aethir’s native token $ATH supply. Integrated with a distributed cloud network to overcome centralized barriers, Aethir Edge combines unmatched edge computing capability, decentralized access, and exclusive rewards.

The future of decentralized edge computing is here. Aethir debuts Aethir Edge, supported by Qualcomm technology, at its official press conference in Token 2049 Dubai. As the first-ever authorized mining device integrated with distributed cloud infrastructure, Aethir Edge spearheads the evolution to decentralized edge computing – unlocking elite GPU performance, 23% of Aethir’s native token $ATH supply, and equitable access all in one device.

Edge into The Multi-Trillion Computing Market

While the edge computing sector rapidly evolving into a multi-trillion-dollar industry, edge capacity has been siloed in centralized data centers for too long. Aethir Edge shatters these barriers with groundbreaking architecture interconnecting high-performance edge AI devices into a distributed cloud network. By pooling localized resources, Aethir Edge brings elite computing power home and makes it accessible to all.

Computing power holds immense potential as the energy of the digital realm. Aethir Edge taps into this power and takes it to the next level, with support from Aethir and Qualcomm. Aethir Edge’s vision is to fundamentally transform how users access, contribute to, and own a future where edge AI technology’s full potential is collectively unleashed beyond the constraints of centralized networks. Aethir Edge represents the beginning of this user-powered decentralized evolution.

The First and Only Authorized Mining Device by Aethir 

As the sole whitelisted mining product from Aethir, Aethir Edge enables users worldwide to tap into exclusive rewards – and earn income by sharing spare bandwidth, IP addresses, and computing power. With its authorized status, Aethir Edge reserves up to 23% of the total native token $ATH supply for mining potential.

“We’re thrilled to support the innovative convergence of decentralized cloud, edge infrastructure and equitable incentives,” said Aethir’s Co-Founder, Mark Rydon. “Aethir Edge pioneers community-powered edge computing technology through robust hardware, exclusive mining and Aethir’s decentralized cloud network.”

When Unrivaled Edge Computing Power Meets Open Accessibility

Powered by the Qualcomm® SnapdragonTM 865 chip, Aethir Edge achieves elite performance for data-intensive workloads. The 12GB LPDDR5 memory and 256GB UFS 3.1 storage ensure ample resources for smooth parallel processing. The decentralized architecture guarantees reliability and uptime by distributing capacity across peer nodes – overcoming centralized network vulnerabilities.

“It is my great pleasure to congratulate the Aethir team on their next-generation product announcement, targeting distributed edge computing use cases, and more importantly, powered by Qualcomm Technologies and Qualcomm processors,” said Qualcomm’s Vice President and Head of Building, Enterprise, and Industrial Automation. “We are very proud to be working with partners like Aethir, to advance the edge capabilities.”

Aethir Edge interoperates seamlessly with diverse applications while enabling ultra-low latency through localized processing. Users worldwide can access optimized experiences unconfined by location.

The Backbone for Innovations In The Decentralized Cloud Ecosystem

As a core component in Aethir’s decentralized cloud, Aethir Edge powers transformative new products like APhone, the first decentralized cloud smartphone. Its localized edge capacity enables implementations and operations across Gaming, AI, VR/AR, real-time streaming, and many more applications.

“Aethir Edge perfectly complements APhone’s mission to make Web3 accessible to all. As APhone brings next-generation mobile experiences like high-performance gaming, AI, and graphics rendering to every smartphone user globally through our virtual OS, Aethir Edge will help us further our vision of reinventing the future of digital connectivity.” – William Peckham, APhone’s Chief Business Officer. 

Democratizing Access to the Edge Computing Future

Aethir Edge spearheads decentralized infrastructure owned and governed by users, not centralized entities. It makes high-powered computing accessible as a sleek, easy-to-use product integrated with earning potential. With its superior enterprise-grade hardware and distributed cloud infrastructure, Aethir Edge leads the shift away from centralized data monopolies and into the equitable edge landscape of the future.

Aethir Edge is now actively building partnerships with distributors worldwide, including crypto mining companies, hardware vendors, and distributors. Interested parties can fill out Aethir Edge’s distributor application form so the team can explore win-win opportunities to distribute the product together, and shape the community-powered landscape of tomorrow.

Users can visit www.myedge.io and be one of the first to unlock decentralized edge computing power.

About Aethir Edge

Aethir Edge is an enterprise-grade edge computing device integrated with Aethir’s distributed GPU cloud infrastructure to spearhead a new era of edge computing. As the first and only authorized mining device from Aethir, we combine powerful computing, exclusive earning, and decentralized access in one device – unlocking the true potential of DePIN.

Website | Documentation | Twitter 

About Aethir

Aethir is a cloud computing infrastructure platform that revolutionizes the ownership, distribution, and utilization paradigms of enterprise-grade graphical processing units (GPUs). By moving away from traditional centralized models, Aethir has deployed a scalable and competitive framework for sharing distributed computational resources, catering to enterprise applications and clientele across various industries and regions.

Aethir is revolutionizing DePIN with its advanced, distributed enterprise-grade GPU-based compute infrastructure tailored for AI and gaming. Backed by leading Web3 investors like Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Sanctor Capital, Infinity Ventures Crypto (IVC), and others, with over $130 M in funds raised for the ecosystem, Aethir is paving the way for the future of decentralized computing.

Website | Documentation | Twitter | Discord | Telegram | LinkedIn

Contact

Marketing lead
Diksha
Aethir
diksha@aethir.com

Dubai, UAE, April 18th, 2024, Chainwire

SeedHunter is a dedicated platform that facilitates and fosters collaborations between influencers and crypto projects to gain traction in the web3 community. The company has a new and fresh perspective on how to match high-potential influencers and KOLs with respective crypto projects and investors in a lucrative, scalable, and secure way.  

SeedHunter launched on April 18th 2024, its debut service: The Marketing Module. This is a platform that allows crypto projects to manage and maintain their influencer marketing campaigns more efficiently, securely, and effectively. The marketing campaigns launched can be uniquely customized to the crypto project’s needs in terms of content, deliverables, and more.  

The platform then uses an AI-based data model to evaluate, rate, and match reliable KOLs to crypto projects. SeedHunter will also assess influencer performance and define pricing directly using an advanced algorithm based on metrics of engagement, impression rates, number of followers, and the compatibility of the KOL with the campaign they manage – all of these standards will ensure that the right influencer is matched to the user’s target audience needs. This ensures a fully transparent, fair, and lucrative influencer marketing position for influencers of all kinds. 

Crypto projects can also benefit from several built-in marketing campaign tools to drive engagement – including consultancy and account management as needed. SeedHunter takes care of all the tedious admin to provide a simplified, insightful, and efficient platform to view potential influencer and KOL partnerships. Dariusz Kowalczyk, the co-founder and CTO of SeedHunter, has stated that the platform “does the due diligence to find reliable and relevant KOLs that match your target audience’s interests. This saves time and energy while pulling the focus onto the customer.” 

SeedHunter also makes cryptocurrency projects a lot more accessible by simplifying processes. Influencer campaigns can be created in a matter of minutes through a centralized platform – giving the community automated contracts, KOL reviews, and delivery checks. Payments will also be based on deliveries to ensure cost-effective marketing. The web3 community can easily use SeedHunter to curate the ideal influencer campaign for their project and push growth.  

To celebrate its official launch, SeedHunter is diving right in with a platform campaign open to all interested KOLs. This provides an opportunity for influencers to get involved from the get-go. SeedHunter has also three additional, high-profile projects waiting to be launched. These span the exciting realms of blockchain, entertainment, and gaming, offering KOLs a chance to contribute to cutting-edge initiatives and propel their marketing efforts. 

The crypto industry is uniquely disruptive and as such, it needs platforms like SeedHunter that offer scalable solutions from the very beginning for a lasting chance of success. With automated, simplified, and user-friendly interfaces, SeedHunter provides a seamless experience for influencers and crypto projects alike. Co-founder and CEO, Junaid Dar has said, “The SeedHunter platform will act as a canvas for prospective reliable influencers and KOLs to connect to crypto projects that are looking to gain traction in the market in a way that will simplify, secure, and inspire the industry.” 

SeedHunter is built on the values of trust, efficiency, collaboration, dynamics, and prosperity. This has helped the company establish a clear, guided vision for the future of the crypto influencer market. The platform’s ultimate mission is to ensure an easier, scalable, and more secure channel through which innovative crypto projects can be matched to specific influencers and investors in a way that adds value and clarity to a dynamic cryptocurrency market. 

SeedHunter invites crypto project managers and influencers of all sizes to take advantage of the Marketing Module that simplifies collaborations in a mutually beneficial, fair, and secure way. SeedHunter is also open to partnerships in the cryptocurrency industry that would help to expand and establish the vision of efficient, secure, and reliable collaborations across the web3 community.  

Moving forward, SeedHunter will also be launching its Funding Module in June 2024 which will allow crypto projects to find the necessary seed capital needed to gain traction. In this project, SeedHunter will act as a broker between the community and crypto projects that need funding. This project ensures the involvement of smaller influencers as well and allows the project to engage with communities and participate in projects for only $50. This ensures safety, transparency, and safety for start-up crypto projects looking to change the industry. 

About SeedHunter 

SeedHunter was founded recently and allows crypto projects to connect to reliable and trusted influencers and KOLs to drive engagement and improve marketability. The centralized platform establishes a mutually beneficial link between influencers and crypto investors that is mutually beneficial and transparent. The company uses advanced technology to match ideal influencer candidates to crypto projects and helps to source seed funding for start-up crypto projects.  

Contact Information 

• Website: www.seedhunter.com  
• Email: contact@seedhunter.com  
• Twitter: @SeedHunterHQ  
• LinkedIn: SeedHunter 

Contact

Chief Operating Officer
Alexandre Barros
SeedHunter
contact@seedhunter.com

London, UK, April 17th, 2024, Chainwire

In a pioneering move within the industry, MetaWin in collaboration with law firm BCLP, has successfully tokenized a Tesla Cybertruck, transforming it into a digital asset wrapped in a legally binding contract and minted as a Non-Fungible Token (NFT). This NFT, which represents full ownership rights to The Cybertruck, has been launched on the Ethereum Base Layer 2 blockchain operated by cryptocurrency giant Coinbase.

This contest marks a significant milestone as the world’s first tokenized vehicle asset, offering participants an opportunity to win a Cybertruck through a transparent, on-chain process. Entry into the competition is free and easily accessible via a Web3 wallet, with significantly reduced gas prices on the Base Layer 2 blockchain compared to Ethereum’s Main Net.

Rebecca Hanwell, Operations Manager at MetaWin, highlighted, “By leveraging the Ethereum Base Layer 2 blockchain, we not only minimize transaction costs but also ensure complete transparency and immediate transfer of ownership for every aspect of this contest – from entry registration to prize allocation.”

Users can scale their entries by purchasing MetaWin NFTs directly from the website. Each purchase includes a number of free entries, which are registered on-chain at the time of purchase. At the competition’s conclusion, the winner may opt to have the Cybertruck delivered directly or choose an alternative prize of $125,000 in USDC/T, should delivery not be feasible.

Participants can enhance their chances of winning by acquiring MetaWin NFTs directly from the platform. Each purchase includes complimentary entries, seamlessly registered on-chain at the time of purchase. At the conclusion of the competition, the winner can choose to have the Cybertruck delivered or opt for an alternative prize of $125,000 in USDC/T, if delivery is not feasible.

The Tesla Cybertruck, renowned for its unique design and celebrity endorsements, serves as an extraordinary prize. It remains under the stewardship of MetaWin, with its VIN number detailed in the NFT contract.

Rebecca Hanwell further noted, “The Cybertruck not only represents an exceptional vehicle but also embodies the technological innovation driving our vision at MetaWin. Hosting this contest on the blockchain ensures that every step of the process is as revolutionary as the prize itself.”

The competition is now open for entries, with the drawing scheduled for June 1, 2024. The winner will receive their prize promptly upon the contest’s conclusion, showcasing the efficiency and potential of blockchain technology in modernising traditional asset ownership. For more information and to participate in this extraordinary contest, visit MetaWin.com.

About Metawin

MetaWin is the premier platform for on-chain prize competitions and instant win games, offering a diverse range of entertaining challenges for users to enjoy. By harnessing cutting-edge blockchain technology, MetaWin provides a transparent, fair, and secure gaming environment, making it the go-to destination for blockchain enthusiasts and gamers alike.

Follow us on social media:

X| Instagram

Join our community:

Telegram | Discord 

Contact

PR Team
Metawin
press@metawin.com

London, UK, April 17th, 2024, Chainwire

Aark announces the successful completion of its Seed Round funding, attracting investment from leading industry pioneers, including HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest.

This follows its Pre-Seed in the second quarter of 2023, impressively led by Delphi Digital, with participation from OKX Ventures and Big Brain Holdings.

Aark is a 1000x perpetual DEX set to revolutionize the DeFi space by leveraging LRT assets to bolster liquidity for perpetual traders.

With the new investment, Aark will grow its team to develop more scalable liquidity, targeting the substantial $10 billion TVL market and enabling unparalleled high-leverage trading of up to 1000x for long-tail assets.

“Aark is shaping a future where perpetual DEXs surpass their centralized counterparts. To achieve this, Aark is introducing DeFi innovations that are absent in CeFi. Over the past two years, Aark has been meticulously developing a hyperscalable and diverse system. With the support of our new investors and believers, we aim to propel the on-chain derivatives industry to new heights,” said Eden, CEO of Aark.

“Aark’s innovative exchange model, diverse composability, and tradfi-focused team position it for significant market growth. HashKey Capital is excited to support Aark’s mission to revolutionize the perp dex landscape. We look forward to witnessing Aark’s continued growth and success in the years to come.” said Stanely Wu, Investment Professional of Hashkey Capital

“With growing adoption rates and bullish market trends, the industry needs more projects focusing on scalable and advanced trading solutions that can serve the needs of both retail and institutional investors. With Aark at the forefront of LRTfi and being one of the leading perpetual DEXs on Arbitrum, we are thrilled to be part of this round and continue supporting the team in growing within the DeFi landscape.” said Danilo S. Carlucci, Founder and CEO of Morningstar Ventures

About Aark:

Aark is a pioneering Leverage-Everything Perpetual DEX that taps into DeFi’s most liquid sector: LRT. Aark provides delta-neutral yields for LRTs, which in return provide liquidity for traders. Aark’s scalable infrastructure, capable of delivering CEX-level liquidity, allows up to 1000x leverage for long-tail assets. Aark embodies security, scalability, and liquidity, leading the forefront of DeFi innovations.

Contacts

Marketing
Ocean
AARK
Ocean@aark.digital
Marketing
NJ
AARK
Ninja@aark.digital

Zug, Switzerland, April 17th, 2024, Chainwire

Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming experiences with unprecedented speed leveraging AI-enabled Game Engine, while completely abstracting away blockchain complexities.

Anomaly streamlines blockchain gaming UX with Account Abstraction enabling user onboarding via social platforms and leveraging SocialFi for game monetization. At the core of the new gaming Layer-3 sits the Anomaly SDK, which enables advanced AI functionalities like AI-driven matchmaking, decision-making, player model training, automated quest creation, and asset generation in Web3 gaming. This aims to help reduce developer time, address cost challenges of AI integration, and significantly improve user engagement and experience within the Anomaly gaming ecosystem.

“With Anomaly, we’re not just launching another gaming platform; we’re pioneering a new paradigm in Web3 gaming, that will fundamentally alter the blockchain gaming industry,” said Long Do, Founder of Anomaly. “Anomaly Layer-3 will function as a decentralized game layer with a native AI tech stack, promoting interoperability and platform experience.”

Leveraging Arbitrum Anytrust DAC technology, Anomaly Layer-3 Orbit chain inherits a fast, secure, and scalable execution environment, boasting a 250ms block time with near-instant transaction finality, processing thousands of transactions per second, standing out as one of the fastest EVM Layer-3 rollups on the market. The chain will feature a native gas token $nom that will secure smooth navigation between gaming realms.

“Anomaly’s implementation of the Arbitrum Orbit tech stack addresses fundamental issues encountered by blockchain games,” said Cooper Midroni, Product Manager at Offchain Labs. “The Anomaly Layer-3 ecosystem enables on-chain games to offer the same level of enjoyment and seamless experience as traditional games.”

The chain operates with a gasless user experience designed to provide a web2-like user experience gameplay. It launches with Gelato’s industry-standard web3 services, Gelato Relayers, Web3 Functions, and VRF. These services enable a fully automated, immersive gaming experience and provide a verified source of on-chain randomness for fair gameplay. The chain will also come out-of-box equipped with key infrastructure like the Blockscout block explorer providing easy access to block, transaction, and address data and canonical bridge UI serviced by Gelato.

“Anomaly came to us asking for a future-proof gaming platform that supports millions of users,” explained Hilmar Orth, Founder of Gelato. “We created a gaming-centric, fully-serviced, auto-scalable Layer-3 infrastructure that enables Anomaly to attract community and liquidity – ultimately supporting distribution.”

Anomaly Layer-3 will also leverage Gelato’s latest Node-Sale-as-a-Service solution to enhance its rollup security by selling verifier node licences and enabling community participation in securing Anomaly’s infrastructure. Anomaly’s launch will feature a private sale of AI-based Node NFTs to early supporters on Telegram, underlining the platform’s focus on a community-driven ecosystem. Furthermore, Anomaly will make it easier for all users to operate their node with cloud based subscriptions that they can run by paying monthly directly inside telegram.

Anomaly is poised to revolutionize web3 gaming by engaging with Telegram, Discord, and Farcaster communities. This approach meets users where they are, providing in-platform gaming experiences that bypass onboarding challenges, abstract away blockchain complexities, and offer experiences on par with web2 games.

About Anomaly

Anomaly is an avant-garde AI gaming studio and Layer 3 blockchain innovator poised to redefine gaming by merging Web3 with SocialFi and utilizing AI to create immersive experiences. Anomaly is at the forefront of gaming evolution, focusing on harnessing AI and blockchain synergies. The studio is dedicated to rapid game development and deployment, community engagement via social platforms, and innovative approaches to gaming, setting new benchmarks in interactive entertainment.

About The Arbitrum Foundation

The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and community with secure scaling for Ethereum. Introduced in March 2023, Arbitrum Orbit is a permissionless path for launching customizable dedicated L2 and L3 Orbit chains using Arbitrum technology. Arbitrum Orbit enables features such as custom gas tokens, dedicated throughput, customizable permissions, interoperability, and more by leveraging its secure, scalable, and cost-efficient blockchain scaling technology. More than 25 Orbit chains have been officially announced, and an additional 50+ are in active development to date.

About Gelato

Gelato is an all-in-one Ethereum Rollup as a Service Platform built without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato Rollups allow anyone to build and deploy their fully serviced Layer 2 and Layer 3 chains natively integrated with industry-standard Web3 tools and services launching a production-ready web3 development environment with one click.

Contact

Head of Marketing
Ella Jonas
Gelato Digital GmbH
press@gelato.digital