Author: chainwire

MANCHESTER, UK, May 15th, 2023, Chainwire

Greenwood-designed trainers are available free as NFTs as part of AG5 x OKX collection on the OKX NFT Marketplace

OKX, a world-leading Web3 technology company, together with Manchester City women’s player Alex Greenwood, today launched an exhibition in the OKX Collective metaverse to showcase three original NFT trainers designed by Greenwood.

The NFT trainers, which were designed collaboratively by Greenwood and NFT designer Nas, are focused on key traits that lead to success on the football pitch and in life. Entitled ‘Adaptable’, ‘Calm & Patience’ and ‘Commitment & Passion,’ the NFTs are available for free via airdrop and as part of the ‘AG5 x OKX’ NFT collection on the OKX NFT Marketplace.

Alex Greenwood said: “Working closely with OKX on these trainer designs has been great. They give a sense of how I approach challenges on the pitch. I’m excited to see them launch in my personal OKX metaverse showroom!”

Haider Rafique, Global Chief Marketing Officer at OKX, said: “With any metaverse, the next step after creating the environment is to enhance the experience by curating objects and items that fans are eager to engage with and collect. This is an incredible way to bring fans into the experience and let them interact with their favorite athletes or public figures in a way they haven’t experienced before. This is how we make the metaverse a living, breathing environment.”

Visitors to the OKX Collective metaverse will be able to watch exclusive behind-the-scenes content on Alex and Nas’s creative process while entering competitions to win prizes, including passes to team trainings, match tickets and much more.

Fans will also be able to revisit the metaverse DJ set performed by Jack Grealish and Oliver Heldens as well as the instructive metaverse experiences with Manchester City Captain İlkay Gündoğan and defender Rúben Dias.

To enter the OKX Collective metaverse, simply click this link.

OKX is the official training kit partner of Manchester City for the 2022/23 season.

Note to editors 

The AG5 x OKX Non-Fungible Token (“NFT”) is a digital asset that was created as a collectible; it is free, not tradeable and it is not intended to be used as investment. The NFT has no value nor is there any guarantee that it can or will ever have monetary value. NFTs are not regulated instruments in the UK.

About OKX

OKX is a world-leading technology company building the future of Web3. Known as the fastest and most reliable crypto trading platform for traders everywhere, 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 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

Tokyo, Japan, May 11th, 2023, Chainwire

The initiative will bring real-world utility to NFTs in Japan, enabling the railway operator to strengthen its customer relationship

Kyushu Railway Company (JR Kyushu) – part of Japan’s largest rail network, the Japan Railway Group – today announced that it will issue NFTs on top of the Astar Network, the smart contract platform for multichain, in collaboration with P.R.O. Co., Ltd. By distributing NFTs to its users, JR Kyushu aims to create new touch points with its users and enhance its existing relationship with its customers.

The JR Kyushu NFT project will kick off in July 2023 and provide riders with new ways to enjoy Kyushu while maintaining a holistic track record of their travel experience. As a first proof-of-concept, JR Kyushu and PRO will distribute a free NFT during the Blockchain Expo in Tokyo from May 10th-12th displaying the new Nishi Kyushu Shinkansen. 

As part of Japan’s largest railway network, JR Kyushu runs intercity rail services in the country’s third largest island Kyushu. It is also engaged in freight services, bus transportation, hospitality, and other related services. JR Kyushu serves more than 330 million people a year. 

The collaboration will bring real-world utility to non-fungible tokens (NFTs) in Japan. While NFTs are often used for trading and digital art, JR Kyushu aims to leverage the technology to provide visitors with memorabilia and proof of visiting, riding, and using their system. 

Astar Network Founder Sota Watanabe said, “At Astar Network, we’re excited to see more real-life use cases of enterprises exploring and leveraging NFTs to build closer relationships with their customers and provide new value. We look forward to supporting PRO Japan and JR Kyushu in their endeavor.”

The railway operator chose Japan’s first public blockchain Astar Network for its low fees, high scalability, and the team’s deep understanding of the Japanese market. Astar is at the forefront of the NFT craze that’s sweeping across Japan as dozens of leading brands embrace the possibilities of Web3. In the past, Japan’s leading corporations including Toyota Motor Corporation and Sony Network Communications have worked with Astar Network to explore the opportunities in Web3.

Once the project launches in July, riders will be able to purchase commemorative NFTs or obtain them through the usage of the railway system. Depending on the NFTs held, riders might qualify for further benefits and access to limited NFTs. Users will be able to purchase NFTs using the Japanese yen. 

Astar Network is the leading Layer-1 in Japan, having been voted the most popular blockchain in the country by the Japanese Blockchain Association. It is also the first public blockchain from the country to be listed there despite Japan’s strict listing regulations. Astar’s native token ASTR is registered as a cryptocurrency, not a security, by the Japanese government.

About Astar Network

Astar is Japan’s most popular smart contract platform, supporting both EVM and WebAssembly (Wasm) environments, and interoperability between them using a Cross-Virtual Machine. Astar Network is friendly to all kinds of developers, and the tools and languages they already know. Backed by the shared security of Polkadot, Astar shines brilliantly on its own within a vibrant and healthy ecosystem, and is a leading star in the blockchain industry overall, driving international corporate adoption, and consumer interest in web3 technologies.

Astar’s Build2Earn program is designed to grow the network in an innovative way, while simultaneously rewarding participants and builders. It allows developers to earn incentives for building and maintaining their decentralized applications, and users to earn incentives for supporting their favorite projects, all while encouraging growth of the ecosystem overall.

For more information, visit: Website | Twitter | Discord | Telegram | GitHub | Reddit | YouTube 

Contact

Maarten Henskens
press@astar.network

Abu Dhabi, UAE, May 10th, 2023, Chainwire

Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications. This collaboration aims to drive innovation in key sectors such as financial infrastructure, supply chain, agriculture, SMEs, and cross-border trade, benefiting Kenya and the entire African continent.

More than 84% of the Kenyan population have access to financial services through banks and fintech. However, with the implementation of blockchain infrastructure as a long term strategy it will further increase the value for the population, create more opportunities for the Kenyan domestic economy, create new international trade routes and add efficiency to intra African trade lines.

Venom Foundation’s expansion into Africa highlights the continent’s forward-thinking approach to adopting web3 and blockchain technologies, showcasing its commitment to embracing innovation and leading through implementation. By advocating for the adoption of blockchain technology, Venom Foundation seeks to empower African communities, create a bridge between traditional finance and trade with the web3 world, and stimulate regional economic growth by enabling seamless cross-border trade and transactions. Tangible benefits that can be realized include minimized transaction costs, enhanced security and transparency, increased access to financial services, expedited settlement times for cross-border transactions, and the creation of new investment opportunities through asset tokenization. These advancements hold considerable potential to substantially contribute to economic development and financial inclusion across the continent.

The blockchain hub will act as a central platform for forging partnerships with innovative companies, fostering knowledge sharing, networking, and collaboration among key stakeholders in the blockchain space, such as projects, entrepreneurs, and government officials based in Africa. Venom will also supply crucial tools and resources to support African countries in establishing a solid foundation for digital transformation. This includes blockchain-based solutions for supply chain management, land registry,

voting systems, tokenization of assets, and other areas where blockchain technology can make a significant impact. By implementing these solutions, the partnership aims to promote transparency, efficiency, and trust across various sectors throughout the continent.

Christopher Louis Tsu, CTO for the Venom Foundation, commented “Africa is already rich in natural resources and human capital, by bringing next generation blockchain technology to the continent it will empower the people and help not only Kenya but many other African nations to capitalize on their assets and participate in new global markets, competitively”

The Kenyan government also expressed enthusiasm for the partnership. Moses Kuria, the Cabinet Secretary for Investments, Trade and Industry, stated, “We are excited to work together with the Venom Foundation. This collaboration signifies the stance that we are taking towards next-generation technology, and financial and technological developments in the world. We believe that the establishment of this blockchain hub will catalyze further innovations in various industries, benefitting our people both nationally and globally.”

About Venom Foundation

Venom Foundation is licensed by the ADGM and enables the acceleration of global Web3 projects. The decentralized network operates under the jurisdiction of the Abu Dhabi Global Market (ADGM). The ADGM is an oasis for investors and financial services firms, positioning Venom as the world’s first compliant blockchain, affording authorities and enterprises the freedom to build, innovate, and scale.

A portfolio of in-house dApps and protocols has been developed on the Venom blockchain by various companies. With capabilities of dynamic sharding, low fees, ultra-fast speed and scalability, Venom harbors the potential to function as the main infrastructure for a global ecosystem of Web3 applications, possessing ultra-fast transaction speeds and infinite scalability to meet the demands of an ever expanding user base.

For more information about the Venom testnet launch, visit: Website

For more information about Venom Foundation, visit: Website | Twitter

Contact

Adam Newton
pr@venom.ventures

Tokyo, Japan, May 9th, 2023, Chainwire

The STAR project is a new initiative to help Japanese SMEs gain international recognition and prestige. The project seeks to uncover the valuable products, technologies, and know-how of small-to-medium-sized businesses.

With an advanced ecosystem, the project opens new opportunities for mutual benefit between Japan and its partners abroad.

A Project with a Clear Goal

The STAR Project has a clear goal: to help Japanese SMEs effectively communicate their products and technologies. Through this project, SMEs can gain access to funds that they can use to reinvest in their business.

Foreign companies can also take advantage of the program. Specifically, foreign companies may purchase products, technology, and know-how from Japanese SMEs and partner up with them. Ultimately, the project aims to revive the economy of Japan and the world, creating a sustainable future.

This initiative helps Japanese SMEs market their valued products and technology to overseas enterprises. A win-win situation is possible when both parties benefit from exchanging goods and services successfully.

Where Does This Initiative Come From?

This initiative originated from a desire to maximize the potential of Japan’s technological capabilities. Despite the economy’s potential, Japan still falls behind other countries in the overall score of the Global Innovation Index 2021. 

This suggests that there are issues beyond technological capability that the economy needs to address. One such issue appears to be public relations activities. Japanese people tend to glorify modesty, with many mistaking this attitude for weak presentation skills.

STAR improves firms’ abilities to close the gap between Japan’s technological strength and worldwide innovation index score. With strong technical capabilities and enhanced public relations activities, Japanese SMEs and foreign-affiliated companies can impact the global market more.

How STAR Intends to Target Its Market

STAR seeks to target both Japanese SMEs and foreign companies. STAR’s platform will aggregate SMEs’ goods, technology, and know-how to attract overseas enterprises.

It will provide various types of support to foreign companies to gain a foothold in Japan and develop their products. In addition, STAR will accept “StartupersCoin,” a token to be used by foreign companies for payment of platform services.

SMEs will receive revenue from revaluing their products, technology, and know-how to reinvest in their firm, particularly abroad. This strategy intends to benefit both Japanese SMEs and foreign companies. Ultimately, STAR seeks to revitalize the economy of not only Japan but the entire world and create a sustainable world.

STAR’s AUCTION is a platform designed to facilitate transactions between foreign companies and Japanese SMEs. All foreign companies registering on AUCTION are subject to screening to ensure their trustworthiness. After passing the screening process, the company can participate in an auction-style bidding process for Privileges, as illustrated below.

During the auction, each participant will need to disclose various business details. In case a company wins the Privilege, it will be able to trade products containing confidential information.

About STAR

STAR is a platform that connects Japanese and foreign companies to facilitate mutual development. It aims to increase the number of companies that foster world peace and sustainability through its principles, starting from Japan.

Japanese businesses have traditionally grown on the concept of “Wa,” or harmony, with employees forming strong ties within the companies. STAR intends to leverage this fertile business setting and act as a growth facilitator.

The team is preparing for a listing event on May 10th on Bitmart. In this rapidly growing context, the team hopes to create an environment of mutual understanding and support between companies worldwide.

Anyone wishing to learn more about STAR can find more information on its website and the team’s Twitter page.

Contact

M. Sasaki
STAR
info@startupers.io

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

VEXT is next for Veloce in Web3 evolution, London-based company to launch VEXT utility and governance token.

Veloce, the world’s leading digital racing media network, is diving into the world of Web3 with the launch of its new blockchain utility and governance token, VEXT.

Created in partnership with MDRxTech, experts in tech development and Web3 strategy, VEXT will allow the Veloce community to truly influence and govern key decentralised Veloce assets.

The Veloce brand comprises of industry-leading gaming and racing platform, Veloce Esports, and race-winning outfit, Veloce Racing, currently competing in the renowned Extreme E championship. 

Within this Veloce network are some of the most influential names in gaming and racing, including Mercedes AMG, Ferrari, McLaren, and Yas Heat, as well as established joint venture sub-brands, such as Lando Norris’ gaming and lifestyle brand Quadrant.

With the largest racing community in the world, attracting 35 million subscribers so far and hitting nearly one billion monthly views, the Veloce group represents a perfect fit for Web3.

VEXT will allow token holders to integrate within the Veloce ecosystem and have a tangible influence on the direction of assets within the Veloce group, including teams, talent, leagues, and content. 

Token holders will also be able to transact across games and live interactive sports features, with rewards for engagement such as tokens, early access to merchandise, and real-world events for an enhanced user experience.

A VEXT integrated store, together with Veloce partners, will fully incorporate the Veloce network into a decentralised community, implementing further utility to onboard users and reward early adopters.

Details on VEXT and its platform will be released in the coming weeks, with multiple partnerships and integrations to be announced. Users who are interested in learning more about VEXT, can sign up on the website ahead of the public pre-sale which will be announced soon.

Rupert Svendsen-Cook, Co-Founder and Chief Executive Officer at Veloce, said: “This is the most exciting thing we have ever done. As a business, we have the two key ingredients for Web3: a globally engaged community and an incredible amount of utility. Our ultimate ambition is to become the first truly decentralised global sporting group.”

Tom Grogan, CEO of MDRxTech, said: “Evolving Veloce, already a pioneer and innovator within motorsports, is an incredible opportunity. They’re leveraging the best bits of Web3 – community participation and decentralisation – while providing real utility and control over an organisation millions of people already care deeply about. I’m so proud of the team who have worked so hard to engineer this product ready for launch and continue to be inspired by the Veloce team for their commitment to innovation and disruption in this incredible industry.”

About Veloce

Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across some of the most innovative, fast-growing, and future-focused sectors in the UK.

For more information:

Website | Telegram | Twitter | Discord | Instagram | YouTube | Linkedin | TikTok

About MDRxTech

Launched in 2020, MDRxTech is a digital transformation consultancy that delivers “compliant by design” transformation for clients across a wide range of sectors and geographies. 

MDRxTech is comprised of management consultants, software developers, blockchain engineers, data scientists and designers who work closely with The Mishcon de Reya Group’s lawyers and regulatory specialists. MDRxTech specialises in new technologies with legal complexity such as artificial intelligence, machine learning, the metaverse and Web3 technologies such as blockchain, NFTs and cryptocurrencies. MDRxTech is part of The Mishcon de Reya Group, which includes award-winning law firm Mishcon de Reya, as well as other businesses including MDR Brand Management.

To learn more, please visit: https://mdrx.tech

Contact

Head of Digital Marketing
Louis Broomfield
Veloce Media Group
hi@velocemediagroup.com

MANCHESTER, UK, May 4th, 2023, Chainwire

• Future house pioneer Oliver Heldens performs alongside Manchester City player Jack Grealish in first-of-its-kind ‘Mixing in the Metaverse’ DJ set
• Exclusive musical performance includes new track created by Grealish and Heldens 

OKX, one of the world’s leading Web3 technology companies, today hosted an exclusive DJ set performed by Manchester City star Jack Grealish and legendary DJ Oliver Heldens in its OKX Collective metaverse. 

The ‘Mixing in the Metaverse’ experience includes a 15-minute set performed by metahuman avatars of Grealish and Heldens, who has been coaching Grealish on the turntables. The concert-like experience sees Grealish and Heldens debut a new, exclusive collaboration track and takes place in a futuristic stadium built in the Everdome metaverse. 

Jack Grealish said: “I love music and I’ve wanted to try my hand at DJing for a long time. What I couldn’t have expected was that my DJing debut would come in the metaverse! The OKX Collective metaverse is unique and I’m honoured to share this special collab alongside a DJing legend like Oliver with fans from all over the world.”

Haider Rafique, Global Chief Marketing Officer at OKX, said: “For our third metaverse experience with Manchester City, we step into the virtual world to watch Jack try his hand on the decks alongside a legend of the future house genre. This fan experience is a great example of the one-of-a-kind immersive experiences we are building for fans. These opportunities are special in that they bring people intimately close to the players they love and their passions.”

Fans visiting the OKX Collective metaverse will be able to revisit the metaverse training experience OKX has launched with defender Ruben Dias and the tactical masterclass given by Manchester City Captain Ilkay Gundogan. Within the metaverse, fans can also enter competitions to win prizes, including passes to team trainings, match tickets and much more.

To enter the OKX Collective metaverse, fans simply need to click this link.

OKX is the official training kit partner of Manchester City for the 2022/23 season.  

About OKX

OKX is the second-largest global crypto exchange by trading volume and a leading web3 technology company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and 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.

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

George Town, BVI, May 2nd, 2023, Chainwire

The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets.

Nolus, an interoperable application on Cosmos, has secured $2.5 million in pre-seed and seed funding to tackle inefficiencies in DeFi money markets. 

The recently concluded $20 million valuation seed funding is backed by Dorahacks, Everstake, Cogitent Ventures, Token Metrics Ventures, and Autonomy Capital, among others, and will allow Nolus to fully complete the technological backbone and further expand the platform both within and outside the Cosmos ecosystem. The Advisory Board members Zaki Manian, Strangelove, and Shane Molidor will ensure Nolus solidify its cross-chain presence.

The novel DeFi Lease solution by Nolus unlocks the full potential of crypto money markets by reducing the industry’s steep over-collateralization requirements, resulting in significantly improved capital efficiency and much more favorable lending options for users. The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets through whitelisted yield-bearing strategies. With the added support of liquid staking derivatives, the Nolus protocol will create a cornerstone use case for LSDs for the Cosmos ecosystem in the form of self-repaying loans.

About Nolus

Nolus defines a money market between lenders looking to earn yield on deposited stablecoins and borrowers looking to amplify holdings with more assets than their current equity at lower risk and retained ownership.

The Protocol utilizes a semi-permissioned PoS blockchain built using the Cosmos SDK and a WASM smart contract engine that executes in an isolated sandbox model focused on interoperability, security and performance. Interoperability itself is at the core of Nolus’ offering as the Protocol utilizes IBC and Interchain Accounts to tap into a diverse set of liquidity hubs without creating fragmentation across chains.

After months of testing, Nolus will open its public mainnet in May.

Website | Twitter | Discord

Contact

Marketing and Communications
Nolus Protocol
comms@nolus.io

London, United Kingdom, April 13th, 2023, Chainwire

Kinesis Money, the digital asset trading and payment services platform, has listed its native gold (KAU) and silver (KAG) – digital currencies backed 1:1 by physical gold and silver bullion – on the Emirex exchange.

The addition of Kinesis gold and silver to the Emirex exchange brings greater accessibility to precious metals at a pivotal time. With uncertainty around crypto regulations and the destabilisation of major currencies affecting market confidence, investors globally are turning, once again, to the economic security of physical gold. 

The listing on Dubai-based Emirex introduces Shariah-compliant physical precious metals to the thriving, predominantly Muslim, middle-eastern markets. The market has a long-established history within the precious metals industry, with gold ownership in the Arab world increasing in recent years. A collective 1,200 tonnes is now held in central bank vaults across the Middle Eastern region. 

Through the Emirex listing, traders and investors can now buy, sell and trade physical gold and silver through Kinesis gold and silver pairs: (KAG/USDT, KAG/ETH & KAU/USDT, KAU/ETH) outside of the Kinesis platform. Kinesis’ native stable coins enable users to liquidate more volatile assets, such as cryptocurrencies and fiat-based stable coins, into the time-tested value of precious metals at any time.

The listing provides an entry point for Emirex users to transfer their Kinesis gold and silver onto the Kinesis platform and access the transaction fee-based yields of the Kinesis Monetary System. On the platform, users receive a monthly return for holding, trading and spending their gold and silver-backed digital currencies. 

Additionally, users on the Kinesis platform can access the global utility of their assets with the Kinesis Virtual Card. The card makes gold, silver and a range of cryptocurrencies available to spend, with real-time fiat conversion, at over 80 million locations globally. The most globally available crypto card on the market, the Kinesis Virtual Card is accessible to over one billion people in 61 countries across Latin America, Europe, the UK, Canada, and Oceania.

The gold and silver traded on Emirex can also be redeemed physically using Kinesis’ redemption feature. This enables investors to redeem the physical gold (999.9) and silver (999) bullion underpinning their Kinesis gold and silver at some of the lowest costs and minimum withdrawals in the industry.

The addition of Kinesis gold and silver to Emirex comes ahead of Kinesis Pro, Kinesis’ professional crypto trading platform set to launch this year. The professional exchange will offer a range of high-liquidity trading pairs, reliable exchange security and a significant expansion of cryptocurrency assets on the Kinesis ecosystem.

In an economic environment where the strength of gold and silver is as evident as ever, the listing on Emirex brings the stable, time-proven value of physical precious metals to crypto traders and investors across the globe. 

Grigory Rybalchenko, Emirex Founder and CEO, stated: “We’re extremely excited to be partnering with Kinesis to introduce the KAU and KAG tokens to Emirex.

“We genuinely believe tokenizing precious metals as assets using blockchain is the future of the commodities markets—that’s why we are excited to support Kinesis.” 

Thomas Coughlin, Chief Executive Officer at Kinesis, said: “We are thrilled to expand on the global availability of Kinesis gold and Kinesis silver and to bring the benefits of the Kinesis Monetary System to a broader user base. The listing of Kinesis gold and silver on Emirex adds further exposure to the Kinesis brand and ensures that investors and traders around the world can access the stable value of precious metals through fairly-priced, fully-allocated physical gold and silver from Kinesis.”

About Kinesis

Kinesis Money is a global digital asset utility platform which facilitates the trade, management and everyday spending of physical gold and silver-based digital assets and cryptocurrencies. 

Through its monetary system, users can earn yields on physical, allocated gold and silver and spend, save, trade and redeem their precious metals anytime on a global, low-fee basis.

Learn more about Kinesis by visiting: 

Website | Forum | Twitter | Facebook | Youtube | LinkedIn 

About Emirex

Strategically based in Dubai and founded in 2017, the Emirex platform enables investors and traders to easily invest in and trade digital assets including cryptocurrencies and digital assets within a Sharia regulatory-compliant environment.

The trading platform offers a huge number of markets, allowing users to trade a wide selection of fiat-to-crypto pairs priced in AED. Emirex offers a comprehensive trading arena for all crypto markets that includes detailed order books, customizable charting screens, and technical indicators. 

Risk Statement: Trading cryptocurrencies entails a significant degree of market risk. You are warned that Emirex is not liable for any trading losses you may incur. Please use caution while making trades.

Find more about Emirex:

Telegram | Twitter | Facebook | Instagram | Medium | LinkedIn

Emirex retains the right, at its absolute discretion, to update, revise, or terminate this memo at any time and for any reason.

Contact

Marketing Manager
Zubair Bukhari
Kinesis Money
zubair.bukhari@kinesis.money

London, UK, April 28th, 2023, Chainwire

AmazeWallet has seen a significant increase in the number of miners using their mobile phones to validate transactions on AmazeChain, the app’s proprietary Layer 1 blockchain. The number of users running light nodes to decentralize and secure the network has shot up to over 11,000 during the past week. Light node technology makes it possible for anyone to validate the blockchain from anywhere in the world.

The 3,293% growth in the number of testnet miners validating transactions on AmazeChain is particularly impressive given the AmazeWallet app is yet to have its full launch, which is scheduled for mid-June. Overall, nearly 100,000 test users have downloaded the app since it launched on the testnet in November 2022.

The positive news comes amid other signs of strong pre-launch momentum for AmazeWallet. The company has already signed partnerships with OnRamp, a major DEX aggregation platform, two centralized token exchanges and a string of top international artists who will produce work exclusively for AmazeWallet’s native NFT marketplace.

Alongside these significant partnerships, AmazeWallet recently attended and presented at both the Global Blockchain Congress and ETH Dubai, where the wider Web3 world got to hear first-hand about the super-fast verification calculations that make mobile mining possible.

Until now, users have been testing the network’s capacity by staking testnet tokens. In turn, AmazeWallet is rewarding the top testnet miners with a Genesis NFT. It’s all in the name of a final stress test for AmazeChain’s advanced sharding technology, which is capable of processing over 300,000 transactions per second.

After more than six years of building and multiple technological breakthroughs, such as sharding, layering and ZK proofs, the ecosystem is nearly ready. Soon, users worldwide can contribute to network security and decentralization, in return for daily rewards in AMT tokens.

Revolutionary tech, truly decentralized

While older generation blockchains like Ethereum and Bitcoin offer a form of semi-decentralization, AmazeWallet ensures a true dispersion of power by spreading it globally, at a fraction of the costs we usually see with other chains, and with better performance. Unlike with the legacy networks, anyone can start securing the network, with their phone acting as a full node connected directly to AmazeChain. All they need to do is download AmazeWallet to their mobile and stake the native token AMT.

AmazeWallet COO Ed Ball sees the technological breakthrough as the new standard in blockchain capability, the next era of worldwide networks that everyone can participate in.

‘We’re excited for more people to join our beta test, run a node and try out this new technology. We’re bringing the benefits of blockchain to everyday users, not just the select few with coding knowledge. Everyone should trust their digital tools and we’re all entitled to self-sovereignty online. The new generation of infrastructure must be more efficient and mobile, easy to access for anyone.’

A worldwide team of more than 400 coding contributors began work on AmazeChain over six years ago, many of them alumni from tech giants like Google, Apple, Amazon, Tencent and Dell. With their vast shared experience, they identified older blockchains’ limitations, but also recognised their successes. They learned from both and made AmazeChain fully capable of dealing with users’ needs.

AmazeWallet is leading the industry forward with an easy-to-use, fully integrated ecosystem where application and blockchain work together in sync. The benefit for the users: blockchain security, transaction speeds for the modern world, and the chance to participate in the network in return for rewards. It’s everything people expect, just more.

AmazeWallet features and roadmap

AmazeWallet is a mobile app that acts as the portal to AmazeChain. It has four key features that cover the most important areas of the Web3 landscape:

• Mining: stake AMT, validate blocks, receive rewards.
• Wallet: hold and swap tokens across 60+ blockchains.
• NFTs: mint for free, build a following, trade digital assets.
• Messaging: 364-bit quantum-resistant chat between friends.

In time, AmazeWallet will add new features and upgrade the current ones. Although the app’s full launch is planned for the middle of June, the team is already planning AmazePay, for which they’ve recently been granted a license in Canada in preparation for testing. People will be able to integrate their crypto holdings into everyday life. Paying for groceries, buying food, transport, online goods and ordering that all-important coffee in the morning.

Every time users open the AmazeWallet app, they can validate blocks to receive daily AMT rewards. App users who have staked AMT can begin mining the native chain for daily mining rewards when the app launches on mainnet this quarter.

About Amaze

Amaze was founded in 2017 and is made up of 75 engineers, designers, marketers and executives. The ecosystem comprises a mobile app and blockchain. Together, the two products set a new standard for self-custodial management in digital life. The native AMT token was launched in 2023 and the AmazeWallet app will receive its full launch later in the year. Amaze places real ownership and control back in users’ hands, using Web3 technology that anyone can access. With AmazeWallet and AmazeChain working together in sync, people can curate their digital lives, securely and safely.

Start using AmazeWallet

Download AmazeWallet on Android

Download AmazeWallet on iOS

To take ownership of your digital life, visit AmazeWallet

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Contact

Charlie Butler
media@amazewallet.com