Author: chainwire

  • Rebase Unveils IRL Cup, Merging Real-World Exploration with Web3 Gaming

    Rebase Unveils IRL Cup, Merging Real-World Exploration with Web3 Gaming

    Tortola, British Virgin Islands, December 19th, 2023, Chainwire

    Rebase, a leader in digital innovation, announces the launch of the IRL Cup, a groundbreaking event celebrating the debut of $IRL, the ecosystem’s native token. More than an airdrop, the IRL Cup is a unique, immersive experience designed to offer the Web3 community engaging ways to earn rewards.

    Rebase has consistently demonstrated its commitment to digital engagement, boasting over 45,000 active users and 700,000 miles traversed in-app. The IRL Cup, spanning three months starting December 24th, 2023, marks a revolutionary step in Rebase’s journey, encouraging physical activity and integrating real-world movement into virtual points.

    Participation is user-friendly, with points earned through various in-app activities. Three leaderboards (‘Play-time,’ ‘Distance Covered,’ and ‘Items Collected’) will distribute 5,000,000 $IRL tokens as rewards. Surprise collaborations with brands and projects add an extra layer of excitement.

    “The vision of Rebase may sound simple but being able to tie digital assets and collectibles to real-life locations will be game-changing. It will open up an entirely new vertical for both businesses and creators to connect with their audiences and fans,” says Edmond Truong, co-founder of Rebase.

    The IRL Cup is not just a token event; it’s a call to adventure, inviting users to merge virtual gaming with real-world exploration. As the event unfolds, Rebase continues to showcase the elements that position it as a standout platform in the digital space.

    About Rebase:

    Rebase, a leader in digital innovation, harnesses Blockchain, AR, and VR technologies to evolve into a geolocation-based advertising platform, blending digital and physical worlds in a gamified experience. Supported by prominent investors like Animoca Brands, Defiance Capital, and Spartan Group, Rebase is not only rapidly growing but also strategically positioned in the tech industry, poised for further advancements and impact.

    Download the Rebase app now to join the adventure:

    iOS: Download on the App Store

    Google Play: Download on Google Play

    Contact

    Director
    Yanis Caceres Yarelis Yissel
    Hello@rebase.gg

  • Metagood Secures $5 Million To Propel Osura Marketplace for Bitcoin Art

    Metagood Secures $5 Million To Propel Osura Marketplace for Bitcoin Art

    Redmond, Washington, United States, December 18th, 2023, Chainwire

    Metagood, a blockchain technology and digital assets company, announced the successful completion of a $5 million series seed funding round aimed at advancing its Osura marketplace, focused on art within the Bitcoin ecosystem.

    “Osura is embarking on a groundbreaking collaboration with artists to immortalize their creations on Bitcoin, the blockchain synonymous with unparalleled security and longevity,” said Danny Yang, CEO of Metagood. “I’ve been building on Bitcoin for over a decade and couldn’t be more excited about the possibilities that lie ahead for us on the Ordinals protocol which is simple, elegant and powerful.”

    Spearheaded by Sora Ventures, the series seed round saw participation from key investors including ACTAI Ventures, Bitcoin Frontier Fund, UTXO Management, London Real Ventures, and Peach.xyz, among others.

    The Ordinals protocol, which is only a year old, has unlocked an important market for storing and securing high-value assets on the Bitcoin blockchain. Osura is building the infrastructure for launching and trading assets developed on the Ordinals protocol, starting with art on Bitcoin.

    “Embracing art on Bitcoin marks a stride into digital ownership, paving the way for real-world assets to seamlessly transact on the blockchain,” remarked Bill Tai, legendary venture capitalist and Metagood Chairman. “As witnessed in other chains with the advent of non-fungible tokens (NFTs,) we anticipate Bitcoin’s journey toward parallel explosive growth and are already seeing Bitcoin surpass other chains in recent NFT trading volumes.” 

    This funding milestone, part of Metagood’s larger financing endeavor of $10 million, marks a new era in propelling the development of more technology and product innovations within Osura. Metagood aims to redefine industry standards by merging technology, art, and community engagement in the Bitcoin digital asset marketplace.

    “Metagood is setting the gold standard for technical innovation in the Ordinals market,” stated Jason Fang, Founder and Managing Partner at Sora Ventures. “Sora Ventures stands firm in the conviction that the most valuable digital artifacts will find their home on Bitcoin. Leading the round for Metagood is not just an opportunity but a testament to our unwavering belief in the Ordinals space.”

    The infusion of capital will bolster the company’s efforts in forging partnerships with artists, advancing product enhancements on Osura, and expanding its engineering and marketing team to meet burgeoning client and user growth.

    “With this new funding, Metagood is poised to elevate the Osura marketplace to new heights, further solidifying our standing as an industry leader in premium digital artifacts,” said Amanda Terry, Chief Operating Officer of Metagood. “As we navigate the exciting landscape leading up to the Bitcoin halving in April 2024, we believe the timing is impeccable for growing our team and advancing our commitment to innovation on Bitcoin.”

    Metagood has a dynamic founding team with extensive experience building on both Bitcoin and Ethereum. CEO Danny Yang, a crypto industry veteran, previously founded Maicoin, Taiwan’s largest crypto exchange operating since 2013, and Blockseer, a blockchain analytics business used by customers including the FBI, US Secret Service, and the DHS sold in 2018. COO Amanda Terry, with a background in business development at Twitter and five successful startup acquisitions, brings invaluable expertise to the team as a digital media operator and startup investor. Chairman Bill Tai, a crypto pioneer since 2010, has an impressive track record as the first investor in Zoom and seed investor in Canva, Dapper Labs, and 23 publicly traded companies. 

    Metagood launched the innovative 10,000 digital art collection OnChainMonkey (OCM) in a single Ethereum transaction in September 2021. In 2023, OnChainMonkey made history on Bitcoin with their pioneering inscriptions. Metagood helped advance the Ordinals protocol and continued to trailblaze with the Ordinal collections of OCM Dimensions and OCM Genesis on Bitcoin. Both collections demonstrated new innovative art on Bitcoin and they inscribed code libraries on Bitcoin (p5.js, Three.js) that use recursive inscriptions, a new type of modular programming enabled on Bitcoin, which saves on Bitcoin fees for other creators to also use.

    Osura, Metagood’s NFT Marketplace, stands out as a premium Ordinals platform for art on Bitcoin. With a commitment to curating the finest digital artifacts, Osura debuted with two exceptional Bitcoin Ordinals NFT collections: OnChainMonkey (OCM) Dimensions 300 and the Asprey Bugatti Egg Collection. Metagood worked closely with iconic luxury brands Asprey Studio and Bugatti to create their first generative art collection on Bitcoin. In the new year, Metagood has an exciting lineup for artists launching on Osura in 2024 including Alexis André who created “Friendship Bracelets,” one of the most popular collections on Artblocks for their first collections on Bitcoin.

    Metagood’s $10 million in financing to date includes a who’s who in crypto, art, finance including Marcos Bernat (Casa Batlló), Sebastien Borget (The Sandbox), Holly Branson (Virgin Unite), Dingaling (NFT Collector), Gabby Dizon (YGG), Roham Gharegozlou (Dapper Labs), Woody Harrelson, Casper Johansen (Spartan Group), Bobby Lee (BTCC), Charlie Lee (Litecoin), Apolo Ohno (Tribe Capital), Yat Siu (Animoca Brands), Matthew Tan (Etherscan), Stacy Warden (Algorand), Owen Wilson, Mark Yusko (Morgan Creek Capital), and many others. A partial list of investors can be found on the Metagood website at https://www.metagood.com/about-us.

    About Metagood:

    Metagood is a pioneering blockchain technology and digital assets company that sets a new standard for innovation in the crypto industry. With a focus on seamlessly blending technology, art, and community, Metagood is driving advancements in blockchain technology, particularly on Bitcoin, through initiatives such as their OnChainMonkey NFTs and the curated Osura marketplace for art on Bitcoin.

    Through its innovative NFT collection OnChainMonkey, Metagood has created value and contributed to important causes, such as funding the successful evacuation of Sharbat Gula (known as “Afghan Girl” from the iconic 1984 National Geographic cover) and her family from Afghanistan, donating to humanitarian aid in Ukraine, Coral Reef conservation, and more. Metagood was recognized in Fast Company’s 2022 Best World Changing Ideas Awards for Impact Investing.

    Contact

    Metagood
    hello@metagood.com

  • The Evolution Begins: StrikeX Launches Ultimate Crypto-Crypto Swaps Experience with Swaps V2 Wallet Update

    The Evolution Begins: StrikeX Launches Ultimate Crypto-Crypto Swaps Experience with Swaps V2 Wallet Update

    London, United Kingdom, December 18th, 2023, Chainwire

    StrikeX proudly announces the successful launch of Swaps V2, a ground-breaking update that streamlines the crypto-crypto swaps process. This release introduces a new level of functionality, security, and user-friendly design, signifying a significant step forward in StrikeX Wallet’s journey to establish itself as a market leader.

    Swaps V2 offers users an unparalleled experience, enabling effortless swapping of ANY token through a sophisticated, secure, and intuitive interface. Whether dealing with blue-chip cryptocurrencies or exploring newly launched tokens, StrikeX Wallet’s Swaps V2 caters to all preferences. Can’t find the token you are looking for? No problem, users can import them seamlessly using the token’s contract address, making them instantly available for swapping.

    Additionally, StrikeX Wallet has successfully integrated the popular Layer 2 blockchain, BASE. This integration empowers users to buy, sell, swap, and self-custody BASE native assets directly within their StrikeX Wallet, providing a comprehensive and streamlined experience for cryptocurrency enthusiasts.

    Swaps V2 marks the first phase of the StrikeX Wallet Version 2 rollout. In the coming months, users can anticipate witnessing the evolution of the entire Application, with each section being elevated to the V2 standard. Expect enhanced functionality, an enriched user interface, and innovative new features as StrikeX propels itself to the forefront of the decentralized finance (DeFi) space.

    StrikeX Wallet invites users to join them on this transformative journey. Users can download the StrikeX Wallet today and be part of the new wave.

    About StrikeX

    StrikeX Technologies Ltd is a leading provider of blockchain solutions, specialising in blockchain technology, DeFi, and tokenized assets. The company is dedicated to bridging the gap between traditional finance and Web3, empowering organisations to embrace the transformative power of blockchain.

    Contact

    CEO & Co-Founder
    Joe Jowett
    StrikeX Technologies Ltd.
    press@strikex.com

  • Revolutionary blockchain competition platform, Metawin, counts down to massive $1 million dollar prize draw

    Revolutionary blockchain competition platform, Metawin, counts down to massive $1 million dollar prize draw

    London, UK, December 15th, 2023, Chainwire

    The countdown has begun as MetaWin, the pioneering blockchain competition platform, approaches the climax of its extraordinary MetaWin Millionaire event. With just 7 days remaining until the grand prize draw on December 22nd, 2023, the excitement is palpable.

    Time is Ticking: $1 Million USDC Awaits One Lucky Winner

    The highly anticipated MetaWin Millionaire prize draw is set to award one fortunate participant an astonishing $1 Million USDC (USD-based stable coin). The competition is scheduled to close its doors on December 22nd at 16:00 EST, leaving participants with just a week to secure their chance at this life-changing windfall.

    Influencers Amplify the Buzz

    The MetaWin Millionaire competition has sparked a viral frenzy across social media platforms, including X, where prominent influencers have taken the spotlight. Notably, the well-known NFT collector and Web3 ambassador, @Pranksy, boasting 440k followers, recently threw his hat into the ring, igniting a flurry of entries and heightened excitement.

    Blockchain Technology: Unveiling a New Era of Transparency

    MetaWin stands apart from traditional prize draws by operating on the Ethereum blockchain. This groundbreaking approach ensures that all users, entries, total contributions, and free entries are visible to the public. The winning Ethereum address will receive the prize within seconds of the draw’s conclusion, allowing the global community to witness the moment and congratulate the victor. Participants can continuously monitor their odds of winning until the competition’s final moments.

    Blockchain technology empowers MetaWin to lead the charge in transparency, redefining the landscape of competition platforms.

    Unlock Free Entries

    MetaWin Millionaire also offers a chance at victory without any financial commitment. Users can opt for the online free entry method by paying a nominal Ethereum network gas fee, allowing them to participate without contributing to the prize pool. Additionally, MetaWin’s smart contract system enables users to scale up their entries, affording multiple chances to win for the same gas fee as a single entry.

    Limited Time Remaining

    With the countdown clock ticking and the draw date fast approaching, MetaWin invites all potential participants to seize the moment and secure their opportunity to join the ranks of millionaires created by MetaWin.

    Users can claim their free entry today and hope for a life-altering win, via this link MetaWin’s official competition page today.

    MetaWin extends its best wishes to all entrants and anticipates celebrating alongside the fortunate victor.

    About MetaWin

    MetaWin stands at the forefront of on-chain competition platforms, revolutionizing the landscape of digital contests. Through harnessing the power of blockchain technology, MetaWin delivers a competition experience characterized by transparency, fairness, and excitement. With a track record of substantial giveaways and an unwavering commitment to innovation, MetaWin is shaping the future of online competitions.

    This article is provided for informational purposes only and is not intended to be construed as legal, financial, or tax advice. Readers should not rely solely on the information presented herein and should consult with their own legal, financial, or tax professionals regarding their specific situations. The author(s) and publisher make no representations or warranties concerning the accuracy or completeness of the information contained in this article. Reliance on any information provided in this article is solely at your own risk.

    Contact

    MetaWin Team
    press@metawin.inc

  • Core Introduces A First-of-Its-Kind Experience in Wallet Creation: Seed Abstraction

    Core Introduces A First-of-Its-Kind Experience in Wallet Creation: Seed Abstraction

    New York, United States, December 15th, 2023, Chainwire

    Anyone can now use Core without seed phrases. Now, you can generate and manage keys through simple Web2 methods like Gmail and Apple logins, making it more accessible without any security or custody tradeoffs. 

    This is a first-of-its-kind experience in wallet creation, built for the Avalanche ecosystem and beyond. Core’s seed abstraction is universal, not limited to specific blockchains or VMs. A user can use Core-generated seed across various blockchains, from Bitcoin to EVMs, without the complexities of multiple contracts or cross-chain issues.

    Ease of cross-chain use sets Core’s Seed Abstraction apart from other offerings. For instance, ERC-4337 (account abstraction) limits wallet users to EVM chains and has restrictions based on where contracts have been deployed. Core outperforms ERC-4337 by letting users transact across multiple environments (such as Bitcoin, Avalanche C, X and P-Chains, and any EVM) with confidence and security.

    Core uses Cubist’s CubeSigner non-custodial signing service, which provides Core secure social logins and handles keys inside secure hardware. Core generates keys and signs transactions remotely, from within CubeSigner’s secure hardware. Nobody can see your private key. When users sign transactions, extensive encryption methods and a secure enclave keep raw private keys secure.

    To access a Core account, a user needs both their login details and a physical authentication device, greatly reducing the risk of phishing and unauthorized access. Additionally, CubeSigner’s protocol for exporting keys includes extra steps and waiting periods to protect against attacks like SIM swapping, ensuring only the rightful owner can export their keys. 

    Core unifies the key tenants of Web3 by enabling simple, frictionless, and seedless onboarding while preserving self-custody and high security. Core’s users are free to choose their favorite form(s) of sign-up, login, and recovery without any trepidation or anxiety. – Akash Gupta, Head of Consumer Products at Ava Lab

    Everyone has read stories about lost seed phrases and lost wallets. Seed phrases present their own risks, not to mention that few people beyond crypto natives will devote the necessary time and attention to properly managing them. Core’s Seed Abstraction is an elegant way to eliminate these risks and simplify the Web3 wallet experience while preserving security.

    To support Web3 adoption, blockchain products need to continue improving UX, making them as seamless as Web2 products. Core’s Seed Abstraction was built in that way, addressing one of the biggest problems for everyday users – seed phrases – and making the wallet experience more intuitive and in line with how most people actually use the internet. 

    Some Core users may want to keep using a seed phrase and they have the option to do so. Existing wallet creation options will remain in place. Users who want to go seedless will need to create new Core wallets, giving them all the associated benefits. 

    About Ava Labs

    Ava Labs makes it simple to deploy high-performance solutions for Web3, led by innovations on Avalanche. The company was founded by Cornell computer scientists, who partnered with Wall Street veterans and early Web3 leaders to execute a promising vision for redefining the way people build and use open, permissionless networks. Ava Labs is redefining the way people create value with Web3.

    Contact

    Product Marketing at Ava Labs
    Joelly Gloria
    joelly.gloria@avalabs.org

  • OverProtocol Announces Open Beta Testnet and Community Incentives for Participation

    OverProtocol Announces Open Beta Testnet and Community Incentives for Participation

    Seoul, South Korea, December 12th, 2023, Chainwire

    OverProtocol, a Layer 1 blockchain focused on democratizing validation, has exciting plans for the next year, including a mainnet launch in the first half. In October, the project successfully completed a closed beta testnet with 15,000 applicants from 127 countries, of whom 1,300 completed all tests. In preparation for the mainnet launch, they have now announced an open beta testnet and an incentive program open to everyone.

    Community-Focused Launching Plan

    The project will initiate an airdrop through the OverProtocol Community Airdrop Program (OCAP) to build a strong community. The path to the airdrop unfolds through two pivotal quests. The first quest, already active on OverWallet, showcasing OverProtocol’s mobile-centric vision, has attracted significant participation. Over the past six months, more than 4.7 million users have joined, with over one million users actively participating in missions each month. Meanwhile, the second quest invites users to engage with OverProtocol by running validators via OverNode on the Open Beta Testnet.

    Open Beta Testnet (OBT)

    The Open Beta Testnet is divided into two seasons: OBT Season 1, which runs from December 13th to 22nd, and OBT Season 2, scheduled for February of next year. During the testnet, participants can experience Home Staking by running a node and validator at home through OverNode and also learn about Ethanos, a key feature of OverProtocol. The total scores accumulated from both seasons will be considered when determining the airdrop amount. Everyone can participate in OBT Season 1, but only those with enough points in OverWallet can complete key missions. OBT Season 2 will also have a point requirement, so if you are interested in OverProtocol, download OverWallet and join the OverProtocol community.

    Instructions for OBT Season 1

    Please remember to follow these essential steps:

    1. Download the OverNode Client: This is the first and crucial step. Download and install the OverNode client on your computer for mission engagement.
    2. Complete the Missions: Follow the structured guidance provided within the OverNode client to complete your missions effectively.

    Additionally, pioneers should:

    • Follow the Official OverNode Channel on X: Stay updated with all announcements and important information during the testnet period by following our official channel.
    • Access OverNode from the Official Website: The OverNode will be available for download from our official website starting from December 13th, 02:00 UTC.
    • Familiarize with the Mission Types: An overview of the seven types of missions is provided in our official Medium article. It’s designed to assist users in understanding and effectively engaging with each mission type.

    Vision of OverProtocol 

    OverProtocol is a new layer 1 blockchain based on a protocol named ‘Ethanos’ that only considers active accounts valid, enabling full nodes to discard obsolete data and operate with less storage, thus allowing for reduced storage requirements. Superblock, a core contributor to the project, is developing ‘OverNode’, a full-node client that allows anyone to run a full node of OverProtocol and become a validator on their home PCs.

    “By allowing anyone to run a validator, individuals have the opportunity to earn $OVER through a process known as Home Staking. This enables them to embrace a new lifestyle, offering new payment options, enhanced credit, and innovative financial opportunities,” Ben, CEO of Superblock, added.

    About OverProtocol

    OverProtocol is a layer 1 blockchain network committed to fostering a truly decentralized ecosystem, allowing anyone to serve as a validator. Leveraging ‘Ethanos’, an innovative node optimization technology, it empowers individuals to operate full nodes from their home desktops. Driven by the vision of decentralization, OverProtocol aspires to place the power of a new internet right in your hands.

    For more information visit OverProtocol’s: Official Website | Twitter | Discord | Medium | YouTube

    Contact

    Maketing Lead
    David Kim
    Superblock
    david@superblock.xyz

  • BitMart Lists Zero-Knowledge DeFi Pioneer Panther Protocol’s $ZKP

    BitMart Lists Zero-Knowledge DeFi Pioneer Panther Protocol’s $ZKP

    Gibraltar, Gibraltar, December 12th, 2023, Chainwire

    Panther Protocol is excited to announce its $ZKP listing on BitMart, a leading cryptocurrency exchange operating in over 180 countries. This listing is part of Panther Protocol’s ongoing effort focused on strategic partnerships and exchange listings before its V1 Mainnet launch aimed at providing improved accessibility, a variety of trading options, and a more efficient, cost-effective transaction experience for Panther Protocol’s community members and $ZKP holders.

    “For Panther, this is a pivotal moment as we advance towards the V1 release, broadening our user base and reinforcing our commitment to democratize finance and onboard more users to the decentralized finance ecosystem while ensuring a balance between regulatory standards and user privacy,” Oliver Gale, Co-founder and CEO, Panther Protocol.

    This partnership with BitMart is part of Panther Protocol’s long-term plan to make $ZKP more accessible for the Web3 community globally. The decision to partner with BitMart was based on its global coverage and thriving Web3 community. Further, with the upcoming V1 Mainnet launch, this listing will contribute to improving the on-and-off ramp accessibility of the $ZKP token for the V1 protocol. With the BitMart listing, $ZKP will now be available on four exchanges (MEXC, Uniswap (DEX), Huobi, and BitMart) and will further contribute to additional opportunities for onboarding more users to the Panther ecosystem. 

    Here’s $ZKP Token Trading Details on BitMart:

    • Trading Pair: $ZKP/$USDT
    • Deposit Availability: 12/10/2023 08:00 AM EST
    • Trading Commencement: 12/12/2023 08:00 AM EST
    • Withdrawal Post-Trade: 12/13/2023 08:00 AM EST

    About BitMart

    As a global integrated trading platform, BitMart provides diversified system functions including spot trading and, futures contract trading. BitMart’s trading system has a robust security mechanism and reliable underlying architecture, which provides users with a safe trading experience. Besides, our unique online trading model efficiently matches the market depth of major exchanges all over the world. Relying on the whole network trading system, we believe the BitMart platform will become one of the major liquidity providers of digital assets in the world.

    About Panther 

    Panther is a cross-protocol layer that uses zero-knowledge technology to build DeFi solutions that strive to meet regulatory standards and satisfy users’ on-chain data privacy needs. The goal of Panther is to allow seamless access to DeFi and create a cross-chain-supported architecture that serves different use cases. Panther’s zero-knowledge primitives are also generalizable to KYC, selective disclosures between trusted parties, private ID, voting, and data verification services.

    Disclaimer: Panther is not recommending that readers engage in cryptoasset trading activity, and users or potential users of the protocol should not regard this message or its contents as involving any form of recommendation, invitation, or inducement to deal in cryptoassets. Due to the potential for losses, regulators consider this asset class to be high risk.

    For more information please visit Panther’s: Official Website | Twitter | Discord | Telegram | Linkedin

    Contact

    Manwendra Mishra
    Product Marketing Manager
    Panther Protocol
    info@pantherprotocol.io

  • WOW EARN Unveils Layer 1 Blockchain, Redefining Efficiency and Global Accessibility

    WOW EARN Unveils Layer 1 Blockchain, Redefining Efficiency and Global Accessibility

    Dubai, United Arab, December 5th, 2023, Chainwire

    In a bold move that redefines the blockchain landscape, WOW EARN announces the launch of its innovative WOW EARN Chain, now operating as a Layer 1 blockchain. This significant technological advancement positions the WOW EARN Chain at the forefront of blockchain innovation, offering unmatched efficiency, global accessibility, and a suite of unique features.

    Helping developers at all stages of development, WOW EARN Chain’s mission goes beyond being just a public chain. It focuses on discovering and supporting innovative, high-potential developers and projects. WOW EARN chain will continuously improve the efficiency of Ethereum, providing supplementary expansion and support for the Ethereum ecosystem.

    By leveraging WOW EARN’s comprehensive web3 ecosystem, the chain aims to become the birthplace of innovative technologies and businesses, establishing a complete cycle of technology development, application promotion, and efficient transactions.

    Key Highlights of WOW EARN Chain

    1. Strategic Shift to Layer 1: By building a Layer 1 blockchain, WOW EARN Chain has enhanced its core infrastructure, offering a more robust and scalable foundation for blockchain applications. This shift signifies a commitment to providing a high-performance platform capable of supporting the growing demands of the blockchain community.
    2. Low Transaction Fees with WOW coin: Emphasizing economic accessibility, the WOW EARN Chain features extremely low transaction fees, with transactions being processed for as little as 100 WOW. This approach makes blockchain participation more affordable, encouraging a wider adoption among users and developers.
    3. Global Node Deployment for Enhanced Connectivity: Recognizing the importance of a global presence, WOW EARN Chain has strategically deployed official nodes across key regions, including Asia-Pacific, Australia, Europe, and the Americas. This expansive network ensures that developers around the world can enjoy high-speed and reliable network connectivity, facilitating seamless blockchain experiences.
    4. Exceptional Current Limit for High-Volume Processing: With an impressive current limit of 100 qps, significantly surpassing the typical 5 qps offered by other public chains, WOW EARN Chain sets a new standard in transaction processing. This capability is pivotal for applications requiring high transaction throughput, offering an efficient and reliable platform for various blockchain use cases.
    5. Innovative Hybrid Proof of Stake (HPoS) Consensus Mechanism: The WOW EARN Chain employs the HPoS consensus mechanism, blending the benefits of Proof-of-Equity (PoE) and Proof-of-Stake (PoS). This hybrid model ensures a balance between security, speed, and cost-effectiveness, reducing transaction costs while maintaining competitive transaction speeds.
    6. Ethereum Virtual Machine (EVM) Compatibility for Seamless Integration: Continuing its alignment with Ethereum, WOW EARN Chain supports EVM compatibility, enabling developers to create and deploy decentralized applications (dApps) with ease. This compatibility facilitates seamless integration with the broader Ethereum ecosystem, enhancing the chain’s utility and appeal.
    7. Cross-Chain Functionality for Expanded Reach: The WOW EARN Chain is not limited to its native capabilities; it extends its reach through integration with 10 diverse blockchain chains, such as Base, OkEX, Velas, and ZkSync. These integrations are carefully chosen to enhance various aspects of the chain, from liquidity and security to scalability and transaction efficiency.
    8. Empowering Developers with Resources and Support: Understanding the critical role of developers in the blockchain ecosystem, WOW EARN Chain is committed to providing extensive support and resources. This includes special funds for high-potential projects, hosting developer-centric activities, and fostering a collaborative environment for innovation and growth.

    Advancing the Blockchain Industry with WOW EARN Chain

    “The WOW EARN Chain is not merely a technological leap; it’s a comprehensive blockchain solution designed to empower developers, streamline transactions, and expand the global reach of blockchain technology,” says Yara, VP of Marketing at WOW EARN. “Our transition to Layer 1, coupled with our commitment to providing a high-speed, economically accessible, and developer-friendly platform, marks a new chapter in blockchain evolution.”

    The opportunity to become a validator is open to any participant in the network. Should an individual’s stake rank within the Top 21, they ascend to the role of an active validator for the forthcoming period.

    The operational dynamics of active validators are governed by a set of pre-established rules, under which they sequentially partake in the block packaging process. When a validator does not fulfill their block packaging duty within their designated time slot, other validators who have been less active in the recent cycle (specifically those not participating in the last half of the blocks) are randomly selected to execute this task. It is imperative that a minimum of half the number of validators, plus one, are functioning to ensure the smooth and uninterrupted operation of the blockchain.

    About WOW EARN

    As a leading innovator in the blockchain space, WOW EARN is dedicated to connecting users with decentralized opportunities in mining, earning, and trading. Following its strategic move to Layer 1 and a successful $30 million Series A funding round, WOW EARN is well-positioned to drive significant advancements in the DeFi ecosystem.

    For further information, visit WOW EARN’s: Official Website | Twitter | Telegram | Discord | Medium

    Contact

    Yara G
    WOW EARN
    yara@wowearn.com

  • LandX Closes Private Round Securing $5M+ In Private Funding

    LandX Closes Private Round Securing $5M+ In Private Funding

    Dubai, UAE, December 4th, 2023, Chainwire

    After two years in development LandX, the agricultural finance protocol, successfully closed its private investment round surpassing expectations. The round raised over $915,000 USD from private investors which brings the total raised to over $5 million USD. The milestone marks a significant vote of confidence in the potential for LandX to bring real world assets on-chain.

    Public Round Starts

    Following this the project is set to go live this week with its public round, presenting a broader audience with the opportunity to secure an allocation of the LNDX governance token. The public sale is being launched on a first come first served basis with a limited supply of 3,000,000 tokens priced at $0.50 USDC.

    The LandX community will be given priority access from the 4th of December, then any remaining tokens will be opened up to the general public from the 10th of December.

    Public Sale: Starts Monday 4th December

    • Omega Sale: Monday, 4th December
    • Alpha Sale: Thursday, 7th December
    • Public Sale: Sunday, 10th December
    • Public Sale Closing: Wednesday, 13th December

    LNDX Listing on multiple exchanges: Thursday, 14th December

    Platform Official Launch: On Friday, 15th December users will be able to experience the full potential of LandX’s innovative agricultural finance platform

    A New Chapter Begins

    The public round enables anyone with an Ethereum wallet to allocate capital and invest in LNDX tokens. This move is aligned with LandX’s vision of democratizing access to agricultural financial products through blockchain technology.

    LandX is the first project to bring agricultural commodity assets and tokenized farmland into the decentralized finance ecosystem. Through an innovative product known as xTokens LandX will create inflation-hedged, uncorrelated digital assets which can be traded 24/7 on decentralized exchanges.

    The LNDX token is at the heart of the LandX platform, designed to foster a sustainable and efficient agricultural finance ecosystem. When staked the token holder can earn a share of the platform fees and participate in governance decisions. There is a limited distribution of the LNDX after launch with private sale investors locking their tokens for 3-12 months and seed investors voluntarily locking their tokens for 48 months. This in combination with the $500,000 guaranteed capital deployment in the decentralized exchange liquidity pools providing a unique opportunity in the fastest-growing sector in decentralized finance.

    How to Participate

    Investors outside the US and other restricted regions who are interested in the public round can connect with the LandX team on Discord, Telegram or visit the LandX website for more information on how to participate.

    “We would like to thank our amazing community for giving us the opportunity to bring this vision to life. It is with your support, trust and feedback that we will shape the future of agricultural finance” – LandX Spokesperson

    Users can find more information about LandX, the LNDX token and the public round at https://landx.fi/

    About LandX

    Bridging the agriculture financing gap, LandX provides upfront capital to farmers in return for a percentage of their future harvests. The financing is secured by the underlying farmland, offering investors a potential opportunity to earn sustainable yield backed by tangible assets.

    Contact

    Press Relations
    LandX Finance
    info@landx.fi