London, United Kingdom, August 5th, 2023, Chainwire

Decentralized hedge fund VC Spectra has reported strong demand for its Stage 2 presale. The token sale has drawn considerable interest from early investors and underlined VC Spectra’s potential to redefine the crypto industry.

Priding itself on democratizing access to investment opportunities, VC Spectra has carved a distinct niche for itself. The on-chain hedge fund extends the availability of early-stage investments to non-accredited investors, thereby bridging a significant market gap.

Investors opting for the SPCT token can leverage an array of unique benefits. These perks include quarterly dividends and buybacks, voting rights, and early access to initial coin offerings (ICOs). 

The SPCT token, developed on the Bitcoin blockchain using the BRC-20 standard, provides a robust mechanism for decentralized trading, asset management, and transaction facilitation within the Spectra platform. The Spectra Token (SPCT) is the main currency within the Spectra ecosystem, enabling access to different services on the platform.

By implementing a deflationary model featuring a burn mechanism for the SPCT token, the decentralized hedge fund aims to decrease token circulation gradually. When coupled with VC Spectra’s unique investment offerings, this novel approach further solidifies SPCT ‘s standing in the crypto market. 

The Vc Spectra public presale is currently in Stage 2 and has already seen robust demand. The SPCT token, which started at $0.008 during Stage 1, increased to $0.011 in Stage 2. In the upcoming Stage 3, the token price will increase to $0.025. This is an increase of 213% from the initial token price. Currently, VC Spectra (SPCT) is offering a 25% bonus for all investor deposits.

About VC Spectra

Spectra is a leading firm driving innovation in Fintech and blockchain through strategic investments and ICOs, empowering financial growth by harnessing cutting-edge technologies.

Spectra VC is a venture capital fund that invests in blockchain and technology-based projects with the goal of generating returns for investors.

Find out more about the VC Spectra presale here:

Presale | Website  | Telegram | Twitter

Contact

Paul Hubward
VC Spectra
pr@hubward.co

London, UK, August 4th, 2023, Chainwire

Shiba Memu, a buzzing new AI-backed crypto meme coin, is creating more stir as it surges past the $1.5 million fundraising milestone and makes its exchange announcement debut with a BitMart listing – all within just one month of its presale starting.

Getting listed on an established exchange like Bitmart, a significant player since 2017 that showcases an impressive roster of over 1500 cryptocurrency pairs, underscores a smart strategic play for the project.

The main idea behind Shiba Memu’s AI was born out of the team’s experiences with excessive marketing agency fees in previous business endeavors. This motivated them to take the initiative, developing a self-promoting AI that can scale into a variety of practical applications.

The tangible concept, combined with the appealing Shiba Memu mascot, has fueled a wave of interest from investors and crypto enthusiasts who recognize the long-term potential of the project.

Shiba Memu is currently priced at $0.0181, with a scheduled price increase every 24 hours, courtesy of the team’s expertly programmed smart contract. This enticing mechanism is especially appealing to presale fans, as it guarantees the token purchase price will always be lower than the eventual exchange listing price. For example, if you bought today at $0.0181 the increase by the end of the presale on day 60 would be 35%.

SHMU tokens are available to purchase on the official Shiba Memu website here.

Why is Shiba Memu Trending? 

Shiba Memu’s notable success can be attributed to the untapped potential of its AI. Still in its early stages, the AI employs Natural Language Processing (NLP) and Sentiment Analysis to scan the web, primarily focusing on social platforms, for Shiba Memu mentions and tailors its promotions accordingly.

This has transformed the brand image from a simple cute dog meme to a funny and engaging dog meme with a sharp sense of humor! The glimpse into the project’s future, and the forthcoming AI dashboards scheduled for Q4, are whetting investor appetite for meme coins with tangible utility.

The project boasts a healthy outlook in its tokenomics, with 85% of tokens being dedicated to its presale, 10% to exchange listing liquidity and 5% to development – putting real power in the hands of SHMU owners in the future development of the dApp.

Crypto Community Backing Is Driving Shiba Memu Engagement Through the Roof

With more and more hard-hitting YouTubers getting involved with the project, it’s no wonder that global enthusiasm for the project is growing by the day.

Prominent Youtuber NFTsGuide, with over 700K followers recently described the project as a ‘AI Marketing Powerhouse’, which again goes to show how the developers premise of building self-marketing tech is relatable to not only investors but crypto enthusiasts.

Some have even speculated that Shiba Memu is in the running to dominate other memes, with Crypto Moonlight’s channel suggesting this could be an interesting opportunity for those who missed out on PEPE and others like Austin Hilton making some bold price predictions and calculations about how much SHMU investors would need to hold to hit significant ROI.

The rapidity with which word has spread and the interest it’s gauged from seasoned hands like those above goes to show that the marketing tactics implemented so far are gaining serious traction – it will be interesting indeed to see how this one plays out.

Now on day 32 of the presale which is scheduled to run for 60 days, at which time the price will have increased 119% from $0.011125 to $0.024400, Shiba Memu is truly racing ahead – time is running out for investors looking to get involved. 

About Shiba Memu

Shiba Memu (SHMU) is a fresh dog-themed crypto meme coin that supports a platform utilizing AI to promote itself and generate buzz in online communities. This technology is poised to gain traction within the blockchain industry in the coming years, establishing Shiba Memu’s position as an industry innovator. The innovative AI technology behind the project demonstrates true innovation in the meme coin sector, offering small and medium-sized businesses access to effective marketing solutions that could significantly cut costs and provide competitive advantage.

Learn more about this innovative AI-powered dog meme on the official website.

For more information: Website | Whitepaper | Socials

Contact

Shiba Memu Press
Shiba Memu
pr@shibamemu.com

Dubai, United Arab Emirates, August 3rd, 2023, Chainwire

Dubai has emerged as a global VDA hub and digital market convergence by 3.0 Verse will further benefit the global markets and users.

In the dynamic world of large number of trading platforms and cryptocurrencies, the need for an intelligent, information driven and comprehensive user-friendly trade routing platform has never been more crucial. Today, 3.0 Verse is extremely happy to unveil from Dubai, its 3.0 Verse solution, a cutting-edge trade routing platform that brings together the best of both Centralized Finance (CeFi) (Binance, Huobi, Gate IO and OKX) and Decentralized Finance (DeFi) (AAVE, Compound, Curve, Uniswap, Sushi swap and Pancake swap).

This innovative platform is poised to revolutionize the crypto trading experience, providing users with seamless access to multiple exchanges, decentralized protocols, information, analytics, BoTs and support ecosystem all from a single interface. The 3.0 Verse solution also has a media channel through 3.0 TV and an educational channel through 3.0 University.

A World of Convenience and Efficiency

Multi-Market Trade Routing Platform- The heart of 3.0 Verse lies in its Multi-Market Trade Routing Platform, offering a ground-breaking solution to the fragmented trading experiences faced by crypto participants. This feature empowers users to effortlessly trade on renowned CeFi exchanges along with multiple DeFi platforms besides automated BoT Trading. The beauty of the platform is that a user can do all this from one unified screen and single technology infrastructure. With 3.0 Verse, gone are the days of multiple KYC verifications and the hassles of navigation between exchanges. Our platform consolidates the crypto trading experience and support system on a single platform.

Empowering Traders with Knowledge

Trending Coin Monitoring and Market Calls In markets, knowledge is power. 3.0 Verse equips traders with invaluable insights through its Trending Coin Monitoring feature, tracking the hottest coins across CeFi platform, routing lending and borrowing or swapping based on most AI driven most efficient markets.

Additionally, the pooled Market Calls feature offers a success rate of over 86% in the last five months, providing users with expert market analysis. Armed with curated content and timely information, traders can confidently make informed decisions. If the users desires to use trading strategies without manual intervention due to long trading hours then the users can use their desired Trading Strategies through the inbuilt trading BoT.

“In an ever-evolving crypto landscape, convenience and significance are paramount for crypto participants. 3.0 Verse aims to revolutionize the trading experience, uniting CeFi and DeFi on one intuitive platform. At 3.0 Verse, we believe that curated content, market news, data and analytics is instrumental in guiding the users towards smart and informed trading decisions. We constantly enrich the crypto community through 3.0 Verse, 3.0 TV and 3.0 University. With this pioneering trading platform, we aspire to open new doors of opportunities for all crypto enthusiasts.” said Mr. Mayur Poddar, Director of 3.0 Verse.

The Technology

The 3.0 Verse solution is a technology wonder as it handles massive real-time market prices, data, news, orders, trades, queries, analytics, BoTs processing, index computation and education content of LMS of 3.0 University, videos of 3.0 TV, from multiple sources and then aggregates, disseminates and confirms transaction online real time 24/7 with extremely low latency. The 3.0 Verse solution is robust, fault-tolerant, auto-scalable architecture and highly secure with Google Cloud Armour.

3.0 Verse invites all crypto enthusiasts and traders to embark on a transformative journey. With its intuitive interface, inclusive access to CeFi and DeFi, and expert market insights, users can navigate the crypto universe with ease and confidence.

Mr. Mayur Poddar, added: “3.0 verse App is a technology innovation designed to converge global market ecosystem, efficiency and ease of operation for the users trading in virtual digital asset class. We are happy to have strategic collaborations with the ecosystem partners to ensure that end users have seamless access to markets and services. We are open to partnerships with multiple partners who wish to reach end clients with their products or service as our efforts are collaborative and in the interest of the end users. With a focus on technology innovation, information analytics, and user-centric convenience, we aim to empower individuals to navigate the crypto universe with confidence and ease and yet make informed choice.”

The TV interview on 3.0TV can be found here– https://youtu.be/QpGViKhwyhY

About 3.0 Verse

3.0 verse is a one-of-a-kind global digital super app, which brings multiple crypto exchanges on a single platform. Users can leverage unparalleled and unprecedented benefits by accessing the world’s top CeFi and DeFi exchanges on a single dashboard. Trusted by more than 3 million users across the crypto industry, 3.0 verse is on an indefatigable mission to create an ever-growing ecosystem of digital asset class trading that can transform lives.

Contact

Director
Mayur Poddar
3.0 Verse
mayur.poddar@3-verse.io

Singapore, Singapore, August 3rd, 2023, Chainwire

Bunzz, a Singapore-based web3×LLM tech web3-startup, is thrilled to announce the successful release of “DeCipher“, a revolutionary AI-powered tool designed to transform the process of generating Smart Contract documentation. Users can create documents from nearly all Smart Contracts existing on each Blockchain with a single click.

Product Page: https://www.bunzz.dev/decipher

This is a powerful tool that strongly supports developers who want to develop new DApps based on existing contracts, traders and investors who want to understand complex DeFi protocols, and business owners of web3 products.

This Tool Empowers Web3 Folks with Contract Clarification

DeCipher quickly became a hot topic as a powerful tool, supporting developers who want to develop new DApps based on existing contracts, traders and investors seeking to understand complex DeFi protocols, and business owners of Web3 products. This is not surprising because DeCipher supports almost all blockchains, enabling the generation of “user-friendly manuals” for nearly all deployed contracts. This new technology makes DApp cloning and research much more accessible, clearly promoting the mass adoption of Web3.

Furthermore, the vulnerability of many assets due to weaknesses in the Vyper language has raised concerns. However, DeCipher’s ability to learn vulnerability patterns in contracts, not limited to Vyper language, suggests the potential for an LLM-based auditing tool to be realized.

DeCipher’s unique data processing algorithm

DeCipher leverages advanced AI models, ChatGPT3.5 and 4, specifically optimized for analyzing Smart Contracts. The resulting “Smart Contract-specialized GPT” is an incredibly precise tool that has even impressed the Bunzz team. The unique fine-tuning approach employed by DeCipher is currently undergoing patent processing, showcasing Bunzz’s commitment to cutting-edge technology.

DeCipher’s Chrome Extension Dramatically Enhances Block Explorer UX

Surprisingly, DeCipher has also launched a Chrome Extension simultaneously. By installing this, users can view documents just by clicking the generate button while keeping the contract page they want to analyze open in Block Explorer. This is similar to Etherscan’s new feature, “Code Reader,” but differs in the following points:

1. DeCipher is free. Code Reader effectively requires payment as it requires the Open AI API.
2. DeCipher’s Chrome Extension can be used not only on Etherscan but also on other major Block Explorers.
3. The accuracy of DeCipher’s documentation.

Editing and Deployment Capabilities ay unique CLI

Using DeCipher is incredibly simple: developers can effortlessly generate documentation by copying and pasting the contract’s URL. For those seeking continuous accessibility, DeCipher can be conveniently accessed through the Bunzz Chrome Extension, available on popular Block Explorers like Etherscan.

DeCipher’s advantages are not limited to just Smart Contract analysis. By using the Bunzz CLI, developers can edit and deploy contracts after they’ve been analyzed. Moreover, it’s a comprehensive solution that allows deployment to all EVM-compatible blockchains. These features hold substantial value for developers intending to create new applications by forking existing DApps, dramatically enhancing the efficiency of their product development process.

About the ‘Machine-Readable Contract Layer’ that connects AI and blockchain

DeCipher is not just a development tool, it envisions something bigger. By providing the vast amount of contract data generated from document creation in a data structure that is easy for AI to read, it aims to create an ecosystem where various AI services can connect on top of its “Machine-Readable Contract Layer”. You can check the details on this Notion page.

Introducing Bunzz Eco-System

Introducing Bunzz v2, a state-of-the-art DApp development environment that includes DeCipher, Bunzz CLI, a repository, and a deployment environment. This breakthrough offering allows easy modularization and editing of all blockchain-deployed contracts using the Bunzz CLI, while securely deploying them with Metamask – a first in web3 history.

Contact

CEO
Kenta Akutsu
Bunzz pte ltd
info@bunzz.dev

Singapore, Singapore, August 2nd, 2023, Chainwire

• Additional account abstraction capabilities, including a social recovery feature, will be rolled out at a later date

OKX, a leading Web3 technology company, today announced the launch of a new account abstraction-powered Smart Account feature on its OKX Wallet, enabling users to pay for transactions on multiple blockchains using USDC or USDT.

OKX Wallet will soon launch additional account-abstraction powered features, including social recovery functionality. This will enable users to select trusted “guardians” from their social network to help them recover their Smart Account if they lose their keys.

OKX Wallet is one of the first wallets in Web3 with multi-chain account abstraction support. With Smart Account, users can now interact with multiple contracts in a single transaction. This enhances composability for advanced users and adds convenient features for beginners, creating a more user-friendly and intuitive wallet experience.

OKX Chief Innovation Officer Jason Lau said: “Our aim is to provide our users with the most accessible, secure, and powerful Web3 gateway. The Smart Account feature will play a significant role in achieving this goal. Account abstraction technology is a game-changer for the broader adoption of Web3 and enables new use cases and user experiences. We are excited to share more as we continue to build on top of this feature.”

Account abstraction simplifies crypto transactions by enabling the creation of Web3 wallet accounts that conceal the more technical details of their on-chain interactions behind a more accessible and user-centric interface. This is achieved by combining users’ smart contracts and Externally Owned Accounts (EOAs) into a single “smart” account, providing a more unified Web3 experience.

The account abstraction-powered Smart Account simplifies some of the complexities of blockchain transactions; for example, one of the biggest painpoints that users face is the need to navigate the complex transaction process and decipher technical terms such as ‘gas fees’ and ‘Gwei.’ Smart Account addresses this painpoint by reducing the number of steps required to complete a token swap or trade to just one click.

OKX Chief Marketing Officer Haider Rafique said: “We promised our customers and the larger DeFi community that we would prioritize security and interoperability as we build our Web3 wallet and apps. We support 60+ cross-chains, Multi-Party Computation (MPC), and now with Smart Account, we offer a stablecoin account that can interact with transactions on multiple blockchains without the need for a specific blockchain’s native token, with a social recovery feature coming soon. This is a game-changer, and we believe it has the ability to make transactions between chains a lot more seamless.”

Additional benefits of OKX Wallet’s Smart Account feature include:

Gas fee-related

• The option to pay for gas on any of the supported chains using stablecoins USDC and USDT.
• Users can also conduct gasless transactions if third-party dApps choose to sponsor their on-chain interactions.
• Elimination of the need for users to pay gas fees with each individual chain’s native token.

Simplified token swaps and staking

• Smart Account combines multiple stages of the swap and staking process into a single step. Users can exchange tokens and earn interest by staking crypto with just one click.

OKX Wallet currently supports account abstraction technology on seven blockchains: Ethereum, Polygon, Arbitrum, Optimism, BNB Chain, Avalanche and OKT Chain. It is also the first Web3 wallet to utilize multi-party computation (MPC) technology across 37 blockchains, eliminating the need for traditional written down keys and seed phrases by splitting a user’s private key into three parts, greatly improving security and eliminating a single point of failure.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

• OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 50 blockchains while allowing them to take custody of their own funds. The wallet Includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases
• DEX: A cross-chain decentralized exchange which aggregates nearly 200 other DEXs, with 200,000+ coins on more than 10 blockchains available.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on 80 protocols across 15 chains.

OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

The information displayed is strictly for educational and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

Contact

OKX
Media@okx.com

HONG KONG, HONG KONG, July 26th, 2023, Chainwire

OKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR), showing a balance of USD$11.3 billion in BTC, ETH and USDT.

OKX’s PoR covers 22 commonly used digital assets and demonstrates that OKX has maintained a reserve ratio exceeding 100% for nine consecutive months across all those assets. In addition to BTC, ETH and USDT, the assets included in OKX’s PoR are: USDC, XRP, DOGE, SOL, OKB, APT, DASH, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX and UNI.

OKX stores the majority of its reserves in highly secure off-chain cold storage. It has seen hundreds of thousands of users engage with its PoR, visit its PoR page and view their self-audits since first launching its PoR page in late 2022.

OKX’s current reserve ratios are as follows:

• BTC: 103%
• ETH: 103%
• USDT: 103%

OKX Global Chief Commercial Officer Lennix Lai said: “Public-facing disclosures of both reserves and liabilities are essential to ensure long-term accountability in our industry. However, point-in-time attestations of reserve holdings mean little—instead, sustained and consistent disclosures are needed. As the industry leader when it comes to monthly PoR reporting, with more consecutive monthly snapshots than any other top exchange, our commitment to transparency is unwavering.”

OKX will continue to publish its monthly PoR while providing a self-audit tool to all users. The open-source verification tool enables users to independently verify OKX’s solvency and confirm their assets are backed by OKX reserves while maintaining their privacy.

OKX has published over 210,000 addresses for its PoR program, and will continue to allow the public to view its asset flows.

Users can view the latest PoR report, reserve ratios, and verify OKX’s solvency here.

For further information, please contact:

Media@okx.com

About OKX

OKX is a leading global crypto exchange and Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

THIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

Contact

OKX
media@okx.com

Las Vegas, Nevada, July 25th, 2023, Chainwire

Xandeum, a trailblazing blockchain startup committed to accelerating humanity’s transition to decentralized control, announces its highly anticipated launch on July 30, 2023, at 11:00 am PT.

Leveraging the power of blockchain technology, Xandeum’s mission is to empower collective self-determination by creating a scalable, blockchain-based storage layer for smart contracts, which adds a new dimension to the decentralized web. Named External Global Grouped Storage (EGGS), this solution pioneers a new era of storage-enabled Web3 apps (sedApps) on Xandeum.

In a departure from the traditional model of seeking venture capital, Xandeum prioritizes community control by selling node licenses directly to its users. The grand launch will introduce an incentivized purchase model, creating a buzz for this revolutionary blockchain project.

“Xandeum is all about transforming the world of blockchain,” said Bernie Blume, founder of Xandeum. “We’re not just creating another blockchain; we’re creating a holistic platform that integrates advanced blockchain technology with a revolutionary storage solution, paving the way for fully-fledged, storage-enabled Web3 apps.”

The grand launch introduces an attractive purchase model: the first transaction to purchase a node will receive a generous 50% rebate, the second 49%, the third 48%, and so on until the 50th transaction, which will still secure a 1% rebate.

This follows Xandeum’s track record of success, already having sold over 2,809 nodes for proceeds surpassing $1.9 million under the prior brand name Bitoku. By opening the market to its community, Xandeum aims to foster further expansion and innovation.

“Our community just loves to embark on this journey so early, at least 4 to 5 months ahead of the ICO, in order to reap the maximum benefits.” notes Blume.

Post-launch, Xandeum will roll out an incentivized Devnet on August 15, followed by a Testnet in the fall, an ICO of the XAND token in November and a beta version of the mainnet scheduled for 2024. 

“Join us in this exciting journey. Visit our website, explore the lightpaper and the RFC version of our technical whitepaper, check out the roadmap, and prepare to participate in our grand launch,” urged Blume.

Users are invited to join the blockchain revolution at xandeum.com and prepare for the Grand Launch. Xandeum.com is set to take blockchain technology to the next level.

About Xandeum

Xandeum is a blockchain startup aimed at advancing blockchain technology. With projects like the development of the Xandeum blockchain, the integration of the Move language, and building the EGGS storage layer for smart contracts, Xandeum is pushing the boundaries of decentralized control and collective self-determination.

For more information: Official Website | Discord | Twitter

Contact

CEO
Bernie Blume
Xandeum Labs
bernieb@xandeum.com

Seoul, South Korea, July 21st, 2023, Chainwire

Superblock, a contributor to Over Protocol, has raised $8 million from prominent companies and VCs in South Korea across two funding rounds. Investors included SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ.

Ben (Jae-Yun) Kim, the founder of Superblock, said: “We are deeply diving into the South Korea market with the best local partners and looking to meet global partners accelerating us all over the world.”

As layer 1 blockchains have become faster and more established over time, the costs of bootstrapping and maintaining nodes have become increasingly expensive. As a consequence, blockchain applications have become challenging to operate without the use of costly equipment.

Over Protocol 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. With Over, anyone will be able to run a node and become a validator on their PCs at home. Ethanos has been published at EuroSys’21.

“With the ability for anyone to run a validator, individuals can earn potentially passive income through a process called home staking, enabling them to embrace a new lifestyle with new payment options, enhanced credit, and innovative finance opportunities,” Ben added.

About Superblock

Superblock builds products, tools, and decentralized applications to flourish the Over Protocol. Over Protocol is a truly decentralized layer 1 blockchain providing lightweight full nodes.

For more information: Twitter | Discord | Medium

Contact

Marketer
David Kim
Superblock
david@superblock.xyz
+821043302540

Dubai, United Arab Emirates, July 17th, 2023, Chainwire

Delegated proof-of-stake blockchain Kalima has entered into an agreement with ABO Digital, a private alternative funding group based in the Bahamas and Dubai. This significant partnership involves a commitment of US$10 million into the French-based blockchain company. Kalima has also released details of its KLX token sale.

Kalima is a rapidly growing ecosystem that allows businesses, developers, and startups to build web3 enterprise and data governance applications, with a focus on IoT (Internet of Things) data in order to solve real-world problems.

Kalima CEO André Legendre said: “The funding commitment from ABO Digital marks a significant milestone for Kalima, which plans to utilize the funds to further innovate and refine IoT solutions to revolutionize industries and drive digital transformation. The arrangement with ABO Digital will enable Kalima to enhance its IoT blockchain solutions for industrial companies and bolster strategic partnerships within the IoT and blockchain ecosystem.”

“We are excited to work with the Kalima team going forward,” said Amine Nedjai, CEO of ABO Digital. “Kalima’s innovative approach and expertise in web3 enterprise applications align perfectly with our commitment to driving technological advancements in enterprise blockchain solutions.”

The Kalima team has also announced a 24-hour private sale of its KLX token on Pinksale. The event will provisionally take place on July 19. A general purpose utility token, KLX can be used to pay for transactions and access blockchain services on the Kalima protocol.

To support the growth of the KLX token, on July 10 Kalima Blockchain Governance created several proposals. These include bridging the KLX token from Polygon to the Ethereum network and proposing the 24-hour token sale on Pinksale. Following completion of the private sale event, KLX will be made available for trading on Uniswap, where a KLX-ETH pair will be established.

The primary objective of the private sale, which will have a hard cap of 300 ETH, is to create a sufficiently deep liquidity pool on Uniswap. The Uniswap listing of the KLX token is planned for July 21.

About Kalima

Kalima is a low-consumption layer one blockchain for enterprises and IoT. It provides an interconnected blockchain for achieving decentralization and increasing scalability, adopting a framework popularized by blockchains such as Cosmos and Polkadot. Kalima can be embedded into very small IoT devices and allows AI inferences to be executed at the network’s edge using its native smart contracts.

About ABO Digital

ABO Digital is an investment firm providing alternative financing solutions to cryptocurrency projects around the world. As part of the Alpha Blue Ocean group, which has executed more than $2B in financing commitments for publicly listed companies since its inception in 2017, ABO Digital brings institutional-grade expertise and flexible financing solutions for blockchain developers worldwide.

Contact

Head of PR
Yousef Batter
White Label Strategy
yousef.batter@whitelabelstrategy.io
+971559356531