Author: chainwire

  • OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

    OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

    ST HELLIER, Jersey, June 6th, 2023, Chainwire

    OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of segregated assets under custody through the OKX platform.

    Launched in April of 2023, Komainu Connect reduces client counterparty risk by removing the need to store collateral with trading counterparties, and offering the ability to keep assets in safe custody instead. 

    Nicolas Bertrand, CEO at Komainu, said: “This strategic partnership marks a milestone in our mission to provide secure and compliant digital asset custody solutions. OKX’s reputation as a leading cryptocurrency exchange, combined with our expertise in institutional-grade custody services is paving the way for a new era of trust and innovation in the industry.”

    Sebastian Widmann, Head of Strategy at Komainu, said: “Komainu Connect is rapidly emerging as the leading collateral management solution. Partnering with one of the world’s largest crypto exchanges is a testament to the infrastructure and expertise committed to this service and our focus remains on seamless execution for all parties.”

    Lennix Lai, Global Chief Commercial Officer at OKX, said: “Institutions need the peace of mind that comes with knowing their assets are being kept safe with a leading custodian, while retaining their ability to capitalize when investment opportunities arise. That is why we are delighted to partner with Komainu to allow investors a way to keep their assets secure while not compromising on returns.”

    The off-exchange settlement and tripartite mirroring solution is a significant step forward for large-scale institutional crypto traders requiring immediate access to OKX’s market-leading portfolio margin account mode and liquid markets.

    Komainu was established in 2018 to provide institutions with a secure and compliant custody service for investment in digital assets. Launched in June 2020, Komainu currently custodies assets for exchanges, financial institutions, asset managers, corporations, and government agencies.

    Find out more about why institutions choose OKX here.

    About OKX

    OKX is a world-leading technology company building the future of Web3. Known as the most reliable crypto trading platform for traders, OKX’s crypto exchange is the second largest globally by trading volume.

    OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.

    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, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.

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

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

    About Komainu

    Komainu is a regulated digital asset custodian built by institutions for institutions and created as a joint venture between Nomura, digital asset manager CoinShares, and digital asset security company Ledger. Offering multi-asset support with regulatory compliance, Komainu is merging traditional financial services with leading security standards for the next generation of institutional custody. Headquartered in Jersey and with offices in London, Dublin, Dubai, and Singapore, Komainu is regulated by the Jersey Financial Services Commission (JFSC) and Dubai Virtual Assets Regulatory Authority (VARA). For more information, visit https://www.komainu.com

    Media Contact: Armel Leslie, Peaks Strategies, +1 (914) 320-7620, aleslie@peaksstrategies.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. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.

    Contact

    Media
    OKX
    media@okx.com

  • Spheroid Universe Coin to be Listed on MEXC Exchange

    Spheroid Universe Coin to be Listed on MEXC Exchange

    Dubai, United Arab Emirates, June 5th, 2023, Chainwire

    Spheroid Universe, a futuristic Metaverse that augments the real world in every part of the Earth, is announcing that their token, SPH, will officially be listed on MEXC today, on June 5th.

    Founded in 2018, MEXC (also known as MEXC Global) is a rapidly-growing cryptocurrency exchange with more than 6 million users in over 200 countries, including the USA, UAE, Canada and Australia. MEXC is regularly featured as one the top exchanges globally for trading volume. The exchange offers one of the widest ranges of cryptocurrencies with over 1,500+ coins listed on the platform. It brings a wealth of experience listing top-performing tokens, with a reach that only a handful of exchanges in Crypto have, helping Spheroid Universe go global.

    The move follows the company’s recent launch of ChatGPT-powered artificial intelligence (AI) Avatars that will inhabit the world around us via augmented reality (AR). This ground-breaking development will deliver breakthrough opportunities across numerous business platforms – from e-commerce and retail to advertising, sales, general customer, and consumer interactions and more.

    Commenting on the announcement, Andrey Almiashev, CEO, of Spheroid Universe said: “Launching our token on MEXC will place SPH firmly on its trajectory towards growth as well as will bring the bandwidth that aligns with our aspirations for Spheroid Universe – putting Spheroid Universe as a leader in the metaverse projects, and the entire Extended and Augmented Reality industry.”

    Spheroid Universe aims to be the battle-tested AR/XR platform across the entire landscape of web3, XR/VR and metaverse industries, ultimately helping to define the internet experience of the future.

    Brands and organizations that are looking to create an immersive digital experience will make Spheroid Universe the place where they can truly demonstrate innovative experiences.

     About Spheroid

    Spheroid Universe (Spheroid), an Extended Reality Metaverse company. It’s a platform for developing Extended Reality projects. The technological basis of the platform is the Spheroid XR Cloud and the Spheroid Script programming language designed for AR/XR creation.

    SPH is the native token of the Spheroid ecosystem that fuels the activities of the platform. It can be exchanged for Spaces (virtual lands of the Spheroid Universe), used for advertising in AR/XR, placing content, and for various platform services. Among the products powered by SPH there is Spheroid Earth – an open global project for creating Earth 3D Digital Twin.

    For further details, please visit Spheroid Universe’s Official website or follow them on Twitter and Instagram

    Contact

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

  • DPAT Raises Private Funding To Enhance Web3.0 Ecosystem

    DPAT Raises Private Funding To Enhance Web3.0 Ecosystem

    Accra, Ghana, June 2nd, 2023, Chainwire

    DPAT, the first Web3 crowdsourcing platform designed to connect investors with real estate and infrastructure opportunities in major African cities, has announced the launch of its highly anticipated updated roadmap and revamped website.

    Positioning itself as a bridge to new emerging economies, the Ethereum-backed Web3 investment platform is set to attract investors, crypto advocates, and entrepreneurs alike by offering a say in what gets built, by whom and for who in markets where they believe success is only lacking the right type of funding.

    The road map for the Direct Property Africa Token (DPAT) project demonstrates its scope and endurance. Initially, focusing on 15 cities in 12 countries to establish systems, processes, and legal precedent. The project team will reinvest the funds received to support the ongoing development of custom solutions such as a seamless marketplace checkout and simple developer onboarding processes. 

    Project Lead for DPAT, Mustafa A said: “The feedback from our community matters to us, and we have taken that into account. We continue to build applications with the end user in mind and revamping our website and processes to provide an enhanced user experience is a sign of things to come.”

    Beyond the new website built to make it easier to navigate and access project information, the marketplace will help developers smoothly list their projects and engage with their community by offering rewards and equity-based NFTs to swiftly raise capital at prices that are competitive with banks and other traditional lenders. To further show its support to the African real estate industry, DPAT will work closely with agents and developers in project cities to increase knowledge, simplicity and security through implementation and integration of Web3 technology to digitise and update current business models.

    The project is currently in its presale phase and shortly after completion in August, Direct Property Africa will roll out the NFT crowdsourcing marketplace and increase its core team. DPAT will initially launch on Uniswap and list on tier 1 centralized exchanges a few weeks later. With an ambitious road map, DPAT is on track to disrupt how developers finance projects and the community access African assets. All while showcasing a different side and image of the continent.

    About Direct Property Africa Token (DPAT)

    Direct Property Africa is a Web3 real estate and infrastructure ecosystem including a crowdsourcing marketplace for local developers to raise funding for projects in major African cities like Cape Town, Lagos and Accra with fractional ownership using asset-backed equity NFTs. DPAT is the utility token of the Direct Property Africa ecosystem offering rewards and privileges to holders.

    Learn more about Direct Property Africa Token at https://dpatoken.io/ 

    Join the conversation on DPATs Discord, Telegram and follow on Twitter for latest project updates.

    Contact

    Mr
    Dan Costea
    Direct Property Africa Token (DPAT)
    marketing@dpatoken.io

  • Pink Moon Studios Reveals ‘KMON: World of Kogaea’ Pioneering a New Era in Web3 Open-World Gaming

    Pink Moon Studios Reveals ‘KMON: World of Kogaea’ Pioneering a New Era in Web3 Open-World Gaming

    Singapore, Singapore, June 2nd, 2023, Chainwire

    Pink Moon Studios, a leading innovator in the Web3 gaming industry, is thrilled to announce the launch of their latest sensation, “KMON: World of Kogaea.” This immersive 3D open-world game, available initially to Kryptomon NFT holders, underscores Pink Moon Studios’ expertise in crafting groundbreaking NFT metaverse games, harnessing the power of state-of-the-art Web3 gaming technologies.

    Unveiling Pink Moon Shards: Ultra-Exclusive NFT Rewards for “KMON: World of Kogaea” Players

    Pink Moon Studios has orchestrated a series of immersive campaign activities to celebrate the game’s launch. Foremost among these is the introduction of the “Pink Moon Shards,” unique tokens crafted using ERC-1125 blockchain technology that will be only available by completing the quests players will be given in World of Kogaea during the Early-Community Preview events. Exclusive to the game’s Early-Community Preview launch events, these shards will serve as tradable NFTs, bringing unprecedented rewards to the players.

    The Pink Moon Shards present a unique opportunity for players to later interact during the game’s official release with the “KMON Forge,” Pink Moon’s pioneering on-chain crafting system. This system allows players to craft limited-edition NFTs that can’t be found elsewhere in the game, offering holding players significant advantages throughout the KMON Game Saga. Following the game’s official release, the shards will be airdropped into the players’ wallets based on their performance and event participation.

    Brian Bento, the Chief Product Officer at Pink Moon Studios, shares his enthusiasm: “The launch of our initial community tech preview for ‘KMON: World of Kogaea’ is a monumental event we’ve eagerly awaited. It’s an invitation to our players to be the first to experience this new massive world we’ve brought to life. The unveiling of the exclusive Pink Moon Shards is equally exciting. These unique tokens represent a pioneering approach to in-game rewards, enhancing our players’ experience while enriching our gaming ecosystem. I’m ecstatic about what we’re bringing to the world of Web3 gaming, and I can’t wait to see our players dive into the captivating world of Kogaea to see what we have in store for them in the future.”

    In addition to the exclusive shards, Pink Moon Studios will launch a vibrant community campaign spanning various social media platforms, in which participants will get an opportunity to win free Kryptomon NFTs for completing a few simple steps, providing a compelling incentive for players to engage in the celebration of the game’s official release. More information about the campaign can be found on the official website of KMON World of Kogaea.

    Meet the Creators: Exclusive Live Streaming Event

    To commemorate this exciting release, Pink Moon Studios will host an exclusive live-streaming event where the community can meet the team behind “KMON: World of Kogaea”. The creators will step into the world they’ve designed, exploring and experiencing it alongside community members while providing insights about the game’s creation and its unique Web3 gaming mechanics. This exclusive streaming event, which will feature Pink Moon Studios’ CEO Umberto Canessa Cerchi and other leadership members, will take place during the launch week. The exact date and time of the event will be announced in the next few days on the company’s official Facebook, Discord, and Telegram channels.

    Revolutionizing the Gaming Industry with KMON Games

    Since its inception, Pink Moon Studios has been at the forefront of innovation in the gaming landscape with its KMON Game Saga, all powered by the transformative potential of blockchain technology. This dynamic gaming universe allows players to breed, train, and battle with their NFT Kryptomon, forging unique digital companions.

    The long-awaited “KMON: World of Kogaea” is a ground-breaking Web3 blockchain-enabled game that plunges players into an extraordinary 3D open-world metaverse experience, seamlessly integrating with the other two KMON games “Genesis”, its 2D casual training and battling game, and “Pink Moon”, the company’s AR treasure-hunt game. “World of Kogaea” offers players a multifaceted interaction with their Kryptomon NFTs across multiple platforms, propelling the gaming experience to unprecedented levels. 

    The “KMON: World of Kogaea” launch is a testament to Pink Moon Studios’ robust capabilities and achievements in the Web3 gaming industry. As the world of blockchain technology continues to evolve, the gaming experiences offered by innovators like Pink Moon Studios promise to ascend to even more impressive heights. Umberto Canessa Cerchi, the CEO of Pink Moon Studios, expressed his excitement about the launch: “The unveiling of “KMON: World of Kogaea” marks a significant milestone for Pink Moon Studios and the Web3 gaming industry. This revolutionary game underscores our commitment to leveraging the power of blockchain technology and our groundbreaking Web3 gaming technologies to redefine the gaming landscape.”

    Riding the Wave of Remarkable Success

    Pink Moon Studios has already demonstrated significant success, amassing a noteworthy $11.4 million in two funding rounds and fostering a dedicated community of almost 450,000 members across various social platforms. This achievement reflects the company’s commitment to creating immersive gaming experiences and has drawn the attention of industry-leading partners, including Binance NFT, Crypto.com NFT, and others. Already during its first seven months of existence, Pink Moon Studios has generated over $18M in Kryptomon NFT transaction volumes alone, demonstrating its ability to fascinate the gaming community.

    Beyond funding and partnerships, Pink Moon Studios’ relentless pursuit of innovation has led to the development of path-breaking technologies. These include the unique “Diamond Contract” and the on-chain “NFT Forging System,” allowing players to engage with their Kryptomon innovatively, fostering a unique digital bond.

    Additionally, introducing its crypto and non-crypto user-friendly “Trainer Hub” and “KMarket” NFT marketplace has revolutionized how players buy and sell blockchain-based assets, providing seamless transactions without prior crypto knowledge or a crypto wallet.

    The Dawn of a New Era in Gaming

    The debut of “KMON: World of Kogaea” marks the beginning of an exciting new chapter in gaming, promising even more thrilling, immersive, and engaging experiences. As Pink Moon Studios continues to redefine the gaming industry with its unique blend of cutting-edge technology and inventive gameplay, it’s well-positioned to become a trendsetter in the rapidly evolving world of digital entertainment.

    “KMON: World of Kogaea” is just the beginning, and the gaming community eagerly awaits the new waves of innovation that Pink Moon Studios is set to bring in the years to come. The future is certainly promising for Pink Moon Studios as they continue their journey, redefining the gaming landscape and delivering unparalleled experiences to players around the globe.

    About Pink Moon Studios

    Pink Moon Studios, initially known as Kryptomon, is a cutting-edge technology company established in 2021, specializing in pioneering Web3 gaming solutions. Composed of a vibrant team of experienced developers and entrepreneurs, they harness the power of blockchain technology, non-fungible tokens (NFTs), and augmented reality (AR) to reshape the gaming industry. Offering a suite of innovative services including the Diamond Contract, NFT Forging, Phygital NFTs, and the AR NFT Hunt, Pink Moon Studio aims to create immersive, engaging, and innovative gaming experiences that transcend traditional gaming boundaries. In addition to gaming innovation, Pink Moon Studio is deeply committed to social responsibility and environmental sustainability, indicating their dedication to driving positive change in the world. Their vision is not only to revolutionize gaming but also to foster a more responsible and sustainable future for the industry.

    Contact

    Chief Business Development Officer
    Tomer Warschauer Nuni
    Pink Moon Studios
    tomer@pink-moon.studio
    ‭+1 (347) 527-9811‬

  • OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking

    OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking

    SAN FRANCISCO, UNITED STATES, June 1st, 2023, Chainwire

    • With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on their digital assets

    OKX, a leading Web3 company, today introduced its proposal for a new, open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens. The protocol is open-source and available for all developers to build upon.

    OKX Wallet will add support for the BRC-30 standard according to the protocol, enabling users to earn passive income by staking BRC-20 tokens or Bitcoin on Web3 Earn without actively trading. This complements the existing range of curated DeFi earning products already available through the platform.

    The introduction of BRC-30 and its staking functionalities is driven by OKX’s goal to provide users with additional opportunities to participate in the Bitcoin ecosystem and earn passive income.

    OKX Chief Innovation Officer Jason Lau said: “We’re thrilled to have proposed and pioneered the BRC-30 standard to enable Bitcoin and BRC-20 token staking. With the OKX Wallet soon to incorporate BRC-30 support, users will be able to access Bitcoin staking and earn opportunities across multiple-chains. With the Bitcoin ecosystem seeing an explosion of new development, we’re proud to work with developers and projects across the community to contribute to the growth of the wider ecosystem.”

    OKX is a longstanding supporter of Bitcoin, having integrated the Lightning Network to its centralized exchange over two years ago. OKX Wallet is also the first multi-chain wallet to support BRC-20 trading with the launch of its Ordinals Marketplace, as well as the viewing and transfer of Bitcoin Ordinals.

    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 the OKX Wallet, NFT Marketplace, DEX and Web3 Earn.

    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, golfer Ian Poulter, 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 replace existing centralized systems.

    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. OKX IS NOT ASSOCIATED WITH ANY PARTICULAR DEFI PROTOCOL, MAKES NO WARRANTIES, REPRESENTATIONS OR UNDERTAKINGS RELATING TO ANY DEFI PROTOCOL’S OFFERINGS, AND IS NOT RESPONSIBLE OR LIABLE FOR ANY DIRECT OR INDIRECT LOSS OR OTHER DAMAGE ARISING FROM YOUR USE OF ANY DEFI PROTOCOL. OKX WALLET IS AN AGGREGATOR; ALL DISPLAYED ESTIMATED RETURN RATES ARE PROVIDED BY THE DEFI PROTOCOL, AND ARE NOT GUARANTEED NOR INDICATIVE OF FUTURE RETURNS. PLEASE CONDUCT YOUR OWN DUE DILIGENCE BEFORE INVESTING IN ANY DEFI PROTOCOL. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

    Contact

    OKX
    media@okx.com

  • Devour & Alterverse Partner to Bring the World’s First Web3 Food Ordering Marketplace to the Metaverse

    Devour & Alterverse Partner to Bring the World’s First Web3 Food Ordering Marketplace to the Metaverse

    Phoenix, AZ, June 1st, 2023, Chainwire

    Devour, a pioneering restaurant engagement technology company, is thrilled to announce its strategic partnership with AlterVerse, an innovative force in the gaming industry. The collaboration aims to revolutionize the restaurant and gaming experience by expanding DevourGO, Devour’s web3 enabled guest engagement platform, to the upcoming release of AlterVerse’s Sky City gaming Metaverse.

    DevourGO has emerged as a prominent player in token-gating food ordering experiences. It is gaining swift recognition for its innovative approach, which allows users to unlock these experiences by utilizing their digital assets and the native token, DevourPAY ($DPAY), for payments and exclusive rewards on the platform. With this new partnership, DevourGO will extend its offering to include real world food delivery orders coming from storefronts within AlterVerse’s stunning photorealistic metaverse, Sky City. The integration with AlterVerse will allow DevourGO to unlock a whole new level of immersive restaurant experiences for customers and restaurant brands.

    The visionary AlterVerse team, backed by notable entities such as Binance Labs, Polygon Ventures, and Gate.io Labs, is actively building a vibrant global community of gaming enthusiasts. With Sky City, built on Unreal Engine 5, AlterVerse offers an extensive range of experiences that go beyond traditional gaming. Users can play countless games and challenges, design their own homes, engage in high stakes competition, and shop at many restaurants and retail shops in the central hub. The metaverse is blockchain-driven allowing users to create, own and sell in-game creations in support of its fun-first gaming mantra.

    As part of this partnership, Devour will integrate its DevourGO order platform into Sky City, enabling users to seamlessly order food and beverages from participating restaurants within the virtual realm. As the partnership evolves, players will not only receive real world food, but their avatars will gain valuable increases in their hunger and thirst meters, which players need to maintain in order to progress in the game. Because the Alterverse community is Global, players will be able to seamlessly order from restaurants local to their physical location.

    “We are thrilled to partner with Alterverse and expand the reach of DevourGO to the exciting world of AlterVerse’s Sky City metaverse,” said Shelly Rupel, CEO at Devour. “This collaboration represents a significant step forward in enhancing guest engagement for restaurant brands. By combining the immersive experiences of Alterverse with the convenience and efficiency of DevourGO, we are enabling restaurant guests to seamlessly order, dine, and engage in an entirely new way.”

    As the release of AlterVerse’s Sky City approaches, Devour and AlterVerse will work closely to ensure a seamless integration of DevourGO with the metaverse. Restaurant brands will have the opportunity to leverage the combined power of Devour’s technology and AlterVerse’s immersive gaming environment to create unforgettable guest experiences and maximize their reach in the gaming community.

    About Devour

    Devour Inc is a next-gen restaurant engagement technology company dedicated to transforming the way restaurants connect with their guests. Their DevourGO platform utilizes web3 technology to provide community-focused delivery and pick-up ordering services for restaurant brands of all sizes, with on-premise ordering, reservations, and more digital guest engagement solutions coming soon. Included in the Devour ecosystem is DevourPAY $DPAY (https://devour.io/devourpay), the native utility token of the platform, and The Industry Pass (https://devour.io/theindustry), offering exclusive perks and benefits to its community members. 

    More information can be found at https://devour.io

    About AlterVerse

    AlterVerse is a pioneering force in the gaming industry, creating a four-phase metaverse intricately built on Unreal Engine 5. Their upcoming Sky City gaming metaverse offers users the ability to play mini-games and adventures, fly a ‘Copter over the shrouded planet, race a Violator around the Sky City track, and monetize their in-game creations within an expansive, interconnected ecosystem. The metaverse is powered by blockchain technology, VR compatible, and provides players with opportunities for both immersive gameplay and financial reward.

    More information can be found at https://www.alterverse.com

    Disclaimer: This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

    Contact

    CEO
    Shelly Rupel
    Devour Inc
    shelly@devour.io

  • Revolutionary Crowdfunding Platform For AI Startups, InQubeta launches QUBE Presale

    Revolutionary Crowdfunding Platform For AI Startups, InQubeta launches QUBE Presale

    Mahe Island, Beau Vallon, Seychelles, May 31st, 2023, Chainwire

    InQubeta, a pioneering platform in the crypto crowdfunding space, is thrilled to announce the launch of its innovative ecosystem powered by the QUBE token. Designed to revolutionize the investment landscape for AI startups, InQubeta offers users the opportunity to participate in crowdfunding campaigns in it’s NFT marketplace.

    InQubeta stands out in the blockchain industry by providing a dynamic environment for users to back and invest in AI startups using QUBE tokens. Through the platform, each listed startup is transformed into an NFT and fractionalized, allowing investors of all sizes to participate. Upon successful funding, investors can share in the startup’s profits through returns paid in QUBE tokens. The entire process is transparent, secure, and backed by the power of blockchain technology.

    To ensure the utmost quality and value for investors, InQubeta employs rigorous vetting procedures for startups seeking listing on their NFT marketplace. Additionally, the platform equips investors with valuable resources, including insights from experienced stakeholders and AI technology experts, enabling informed decision-making through comprehensive research and analysis.

    At the core of InQubeta’s ecosystem lies the QUBE token, an ERC-20 utility and governance token. QUBE grants holders access to invest in AI startup projects listed on the platform’s NFT marketplace. With deflationary properties, QUBE tokens provide long-term potential benefits to investors through a 2% buy-and-sell tax allocated to a burn wallet and a 5% sell tax directed to a reward pool. Moreover, QUBE token holders actively participate in governance, shaping the future of InQubeta by contributing to key proposals.

    Security is a paramount concern, and InQubeta takes it seriously. The QUBE token has undergone an extensive security audits by leading firm Hacken and KYC verification by Block Audit, providing peace of mind to investors and ensuring users’ funds are protected from potential breaches.

    Currently, the QUBE token is available in its presale phase, offering investors the opportunity to purchase tokens at the current lowest possible price directly from the official InQubeta website. The presale is designed to be investor-friendly, with a minimum investment amount of $50, making QUBE tokens accessible to everyone. Supported payment options include but are not limited to ETH, USDT, BNB, BUSD, and BTC. Following the presale, QUBE token holders can stake their assets via InQubeta’s staking dapp, to earn potential rewards from the buy and sell taxes allocated to the reward pool.

    InQubeta’s cutting-edge crowdfunding ecosystem, impressive tokenomics, and commitment to security position it for success in the evolving landscape of AI investments.

    To join the InQubeta presale, please visit inqubeta.ai

    About InQubeta

    InQubeta is a crypto crowdfunding NFT marketplace that enables users to invest in AI startup projects using the QUBE token. Through its innovative platform, InQubeta aims to revolutionize the investment landscape for AI startups, providing investors a transparent and rewarding experience.

    Contact

    InQubeta Team
    InQubeta
    info@inqubeta.ai

  • MetaZone Secures Funding to Expand the World’s First Tokenized App Platform for the Metaverse

    MetaZone Secures Funding to Expand the World’s First Tokenized App Platform for the Metaverse

    Singapore, Singapore, May 30th, 2023, Chainwire

    MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT Digital, to expand their tokenized app platform pioneering the META, (Metaverse Enabled Tokenized Application). Top web3 funds Tess Ventures, IOSG Ventures,IVC (Infinity Ventures Crypto), Polygon Studios, MHC Digital, and LucidBlue Ventures also participated in the round.

    MetaZone is the first and only platform that enables creators and developers to mint non-fungible tokens (NFTs) for functional 3D digital content and apps that can be distributed in the metaverse. Using the MetaZone platform, each creator’s META is assigned an NFT that represents its value, ownership, and access rights. These NFTs can be purchased and used to install each app on digital land where it can be utilized by the owner and visitors of that land.

    MetaZone is also focused on building a set of developer tools that will provide standardized application-grade development frameworks that will enable creators to produce, distribute, and host virtual content (METAs) simultaneously in multiple virtual worlds including Decentraland, Spatial, OnCyber, Vault Hill City and Yuga Lab’s The Otherside.

    Andrew Steinwold of Sfermion believes “ …supporting the development of metaverse applications will bring the web3 industry toward an inflection point, creating value and engagement needed for metaverse mass adoption and the resulting multi-trillion dollar virtual economy”.

    Anything a creator submits to the MetaZone platform can be tokenized, purchased, and distributed through MetaZone’s app store. MetaZone has simplified the content upload process down to a few clicks, allowing owners of METAs to directly install digital content onto their virtual lands throughout the metaverse without the need to deal with cumbersome files and content deployment learning curves. MetaZone already has more active creators than Facebook’s metaverse.

    MetaZone is at the forefront of a revolutionary shift, opening up new revenue streams for developers and creators through the distribution of their content across the metaverse. To date, US$2.5M has been generated by MetaZone’s creators, representing what MetaZone envisions as the beginning stages of a new digital economy that will rival the economic outputs of real-world nation-states. Many of MetaZone’s creators have generated thousands USD through the sale of their content, while several top creators have generated 6 figures in revenue.

    Charlie Sandor of CMT Digital explains “The metaverse has the potential to usher in a new era of economic opportunity for a wide variety of participants. However, an aspect of its success relies on enabling creators and developers to generate content that is more impactful, functional, and engaging to ensure the metaverse produces experiences and future utilities that make it worth visiting.”

    MetaZone’s creators have already made METAs for games, vending machines, interactive music players, and even decentralized exchange machines that allow users to swap cryptocurrency tokens from within the metaverse and owners of the METAs to collect revenue from users.

    METAs can also enable businesses to distribute their brand presence to willing hosts, who can operate these applications on behalf of the original creators. The rise of such revenue-generating METAs is creating a new economy that resembles real-world franchising. Furthermore, METAs have the ability to be embedded with customizable smart contract payment splits that can facilitate multi-party incentive payout structures. For example, a simple vending machine that allows users to buy a wearable NFT will payout multiple parties involved in the maintenance of that metaverse land location and application. This opens up exciting new opportunities for businesses to expand their reach and revenue potential through distributed partnerships in the metaverse, thus enabling the first ever businesses as NFTs.

    “We’ve already seen the tremendous value created from web2 metaverses such as Roblox and Minecraft when enabling user-generated content creation. MetaZone is well positioned to bring in and expand on those models, ushering in a new open creator economy with direct applicability to all virtual worlds of the future” says Tess Hau of Tess Ventures

    CEO of MetaZone, William Gomez adds that “The application layer will be the driving force behind the trillion dollar metaverse, providing the framework for a vast array of immersive experiences and services that will transform exciting economic activity into a virtual economy.”

    As MetaZone continues to expand into multiple metaverses and onboard more creators, the potential for the metaverse is limitless. The success of META creators thus far is just the beginning of what the future holds for this emerging digital economy.

    About MetaZone

    MetaZone’s mission is to harness the application layer of the metaverse to onboard a billion citizens. MetaZone is the first content distribution platform designed to facilitate the open digital economy. At its core, creators are enabled to submit Metaverse Enabled Tokenized Applications (METAs) that anyone can own, experience, and deploy in any virtual world. To learn more, visit metazone.io and join the community on Twitter @MetaZoneio

    Contact

    CEO & Cofounder
    William Gomez
    MetaZone
    Will@MetaZone.io

  • Bitcoin.com’s VERSE Token Now Available for Trading on Kucoin

    Bitcoin.com’s VERSE Token Now Available for Trading on Kucoin

    Tokyo, Japan, May 29th, 2023, Chainwire

    Bitcoin.com’s ecosystem token, VERSE, has been listed on Kucoin, a top-tier cryptocurrency exchange platform known for being the home of crypto gems. Trading is open now, with the initial pair being VERSE/USDT.

    A milestone moment for Bitcoin.com, this first exchange listing for VERSE is significant because it amplifies the token’s reach and accessibility to millions of users around the globe.

    VERSE fuels Bitcoin.com’s ecosystem by gamifying and incentivizing onboarding and engagement. The goal is to bring the advantages of cryptocurrency to more people and to fast-track the world’s transition to a more inclusive financial system.

    Bitcoin.com CEO Dennis Jarvis said, “At Bitcoin.com, we believe in creating economic freedom and expanding access to opportunities by providing the tools people need to buy, sell, and use cryptocurrencies. We are proud to introduce VERSE, a token that supercharges our mission. And by listing on Kucoin, we’re making it easier than ever for people to trade VERSE and harness its potential.”

    By facilitating rewards and serving as a utility token, VERSE enhances users’ experiences within the Bitcoin.com ecosystem and beyond.

    “VERSE reduces hurdles, making the onboarding experience for newcomers seamless, fun, and rewarding,” said Corbin Fraser, Head of Financial Services at Bitcoin.com. He added, “We’re in the process of making VERSE a multichain token, which will increase its utility. This is something that exemplifies our commitment to freedom of choice, a core value that permeates everything we do.”

    Since its inception in 2015, Bitcoin.com has evolved from pioneer to established leader in the crypto industry, hitting the 40 million self-custody wallets milestone earlier this month. The Bitcoin.com Wallet supports over a hundred cryptoassets across Bitcoin, Ethereum, Polygon, Avalanche, and Bitcoin Cash, with more chains coming soon. By providing 24/7 support, vast educational resources, and an award-winning news portal, Bitcoin.com has proven itself as the world’s gateway to Bitcoin and beyond.

    Kucoin, a platform where 1 out of 4 crypto holders worldwide trade, has consistently been a preferred choice for discovering hidden gems. Its 27 million registered users across 207 countries and regions demonstrate its widespread popularity and credibility. In celebration of the VERSE listing, Kucoin is hosting a VERSE trading contest with a lucrative $40,000 prize pool.

    For more information about the VERSE listing and trading contest, visit Kucoin’s official website.

    About Bitcoin.com

    Bitcoin.com is committed to making Bitcoin and other cryptocurrencies accessible to everyone. From offering educational resources and timely news to providing intuitive self-custody products, Bitcoin.com empowers individuals to explore the possibilities of cryptocurrencies and the future of finance.

    Follow Bitcoin.com on Twitter for more information.

    About VERSE

    Launched in December 2022, VERSE is Bitcoin.com’s rewards and utility token. By incentivizing and gamifying engagement in the Bitcoin.com ecosystem, VERSE supercharges Bitcoin.com’s mission to onboard the world to crypto and accelerate the transition towards a more inclusive financial system. VERSE also powers Bitcoin.com’s decentralized exchange Verse DEX, where anyone can trade permissionlessly and earn yield by contributing to liquidity pools and with Verse Farms.

    Follow VERSE on Twitter and Join VERSE’s official Telegram channel for more updates and additional information.

    About Kucoin 

    Kucoin is a global cryptocurrency exchange that supports over 750 projects with 1,300+ trading pairs. Known as the “People’s Exchange,” Kucoin boasts an extensive user base, with 70% of its users hailing from Europe, the Middle East & Africa, and SEA. Recognized for its excellence, Kucoin has received accolades from TokenInsight, CoinMarketCap, Forbes Advisor, and The Ascent.

    Contact

    Head of Marketing
    Andrew Todd
    Bitcoin.com
    andrew@bitcoin.com