Author: chainwire

Taiwan, Taiwan, April 20th, 2023, Chainwire

Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens

PairEx.io, a decentralized perpetual exchange built on the Arbitrum network, is excited to announce its beta trading competition with a prize pool of up to 8,888 USD equivalent in ARB and PEX tokens. The competition, which is now live, offers traders the opportunity to showcase their trading skills and win lucrative rewards.

The PairEx.io trading competition will run from April 3, 2023, to May 11, 2023. Traders can participate by trading in the BTCUSDT or ETHUSDT perpetual swap trading pairs on the PairEx.io platform during the competition period. To be eligible for rewards, participants must achieve a minimum of 50,000 USDT accumulative trading volume and at least 20 trades, including open and close positions, and have a profitable wallet address with net accumulative profit and loss during the competition period.

The details of the competition are shown on Medium of PairEx.io

In addition to the rewards for the top gainers, eligible participants who meet the minimum requirements will also receive a mystery NFT.

PairEx.io is designed to provide traders with unparalleled performance, speed, and scalability. As a completely decentralized exchange, PairEx.io ensures that traders have complete control over their assets, with all trades executed on-chain via smart contracts for enhanced security, transparency, and immutability. The platform offers zero slippage and zero spreads, eliminating hidden fees and unexpected price movements, and has one of the lowest transaction fees in the industry, at just 0.08% per transaction. With up to 100x leverage, PairEx.io empowers traders to maximize their profits while minimizing their investment capital.

“We are thrilled to introduce PairEx.io to the trading community through our beta trading competition,” said the PairEx team. “Our platform offers a truly decentralized and transparent trading environment, with cutting-edge features such as zero slippage, low transaction fees, and high leverage. We invite traders to join our beta test, provide feedback, and help us shape the future of perpetual trading.”

To participate in the PairEx.io beta trading competition and stand a chance to win up to 8,888 USD in rewards, traders can visit pairex.io and follow PairEx’s Twitter account for updates to make sure they don’t miss this opportunity to experience the power of PairEx.io.

About PairEx.io

PairEx.io is the first decentralized perpetual exchange built on the Arbitrum network. Offering zero slippage, zero spreads, low transaction fees, and up to 100x leverage, PairEx.io aims to provide traders with unparalleled performance, speed, and scalability. As a completely decentralized exchange, PairEx.io ensures that traders have complete control over their assets, with all trades executed on-chain via smart contracts for enhanced security, transparency, and immutability. Join PairEx.io’s beta test and experience the future of perpetual.

Website | Twitter | Telegram

Contact

PairEx
media@pairex.io

London, UK, April 19th, 2023, Chainwire

After selling out their $16.4m presale, Metacade is now set to list its token MCADE on the well-known centralised exchange BitMart, which boasts over 9 million users.

The listing is scheduled to take place on Friday, 20th April, 9 am UTC, at which point registered users of BitMart will be able to buy, sell & trade MCADE tokens.

Metacade has seen strong momentum following numerous announcements and milestones. It sold out its huge $16.4m presale early, quickly followed by the 250m token 6-month staking pool selling out in under 5 hours. Furthermore, Metacade also announced a partnership with gaming company Metastudio, leading to a significant buzz amongst GameFi investors.

At the time of writing, the price of the Metacade (MCADE) token is $0.0173, with a diluted market cap of over $35m and an average daily trading volume of $500,000 since launch.

Russell Bennet, CEO of Metacade, commented:

“After listing on Uniswap, we saw sell orders being instantly filled on the buy side and minimal selling pressure, which in this climate is a sign that we have something truly special. This was reinforced by our staking pool selling out in 5 hours! With our upcoming exchange listings, I hope we will see the positive price appreciation that usually follows, and from there, the sky’s the limit!”

Following the listing on BitMart, Metacade has confirmed another top-tier exchange, MEXC, will be listing Metacade in early May. More exchanges are expected to be announced in the coming months.

Users can purchase Metacade tokens on Uniswap here.

About BitMart

Founded in 2018, BitMart is a centralised exchange that provides crypto asset trading and investment services to over 9 million users around the globe. The trading platform offers numerous features for its clients, including staking, lending, savings products, derivative contracts, and expanded spot trading options. For advanced crypto enthusiasts, BitMart provides futures trading and margin trading that allow them to use leverage.

About Metacade

Metacade is intended to be the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3 and connect with the broader gaming community.

The project has the stamp of approval from CertiK, the leading blockchain auditor, which aims to reassure investors that the project specifications and code are reviewed, and the Metacade team has passed KYC. This puts Metacade on the same level of confidence as other CertiK projects, including Aave, Polygon and Chiliz. 

Metacade’s one-stop shop potential as the next GameFi hub of choice for P2E gamers as well as a broad range of other use cases, is evidenced in the enthusiasm around the project and the success of the presale. 

Website | Whitepaper | Socials

Contact

CEO
Russell Bennett
Metacade
pr@metacade.co

Paris, France, April 19th, 2023, Chainwire

Swaap Labs, the company building Swaap, has successfully secured over $4.5 million in seed funding. Swaap builds the Next-Generation Market Making Protocol that leverages a combination of oracles and dynamic spread for sustainable yields and reduced trading costs. Its unique approach aims to offer liquidity providers (LPs) passive and profitable market-making strategies, addressing the critical issue of impermanent loss, prevalent in DeFi.

Launched in July 2022 on Polygon, Swaap v1 has already proven that profitable market-making on-chain is possible. Its WBTC / WETH / USDC pool, powered by Chainlink price feeds, has recorded less than 0.1% of impermanent loss.

Swaap v2 is set to revolutionize the DeFi landscape with its new enhancements and features, further improving v1. It employs the most advanced market-making models in DeFi, built by leveraging the AMM (automated market maker) simulator developed in collaboration with the Louis Bachelier Institute, a leading Math Research Institute.

Swaap v2 further boasts innovative architecture that delivers a significant improvement in data latency, elevating the platform’s overall performance. Additionally, this new architecture empowers users with access to a diverse range of tokens, including yield-bearing options, further expanding the platform’s capabilities and solidifying Swaap v2 as a frontrunner in the DeFi space.

The seed funding round was led by Signature Ventures with participation from high-profile investors including New Form Capital, C² Ventures, Kima Ventures, Pareto Ventures, Entrepreneur First (where Swaap’s co-founders met), and renowned business angels like Julien Bouteloup (Stake Capital), Pascal Gauthier (Ledger CEO), Richard Ma (Quantstamp CEO), Tegan Kline (The Graph), Meltem Demirors (Coinshares CSO), Frederic Montagnon (Arianee Co-Founder), and Thibaud Elzière (eFounders CEO). 

Cyrille Pastour, the co-founder of Swaap Labs, said, “We are thrilled to have the support of our investors as we work to democratize DeFi and create a more efficient environment for Liquidity Providers. This funding will enable us to accelerate the development and release of Swaap v2, which promises to deliver even more value to LPs and traders in the DeFi ecosystem.”

“We are proud to work with the outstanding team at Swaap Labs and to be a part of their journey. We think Swaap’s Market Maker protocol is a true game-changer for decentralized finance,” said Dr. Georg (Juri) Stricker, Tech Partner at Signature Ventures. “Building upon the progressively more scalable public chain infrastructure as well as more transparent and robust oracle infrastructure, Swaap is setting new standards in DEX efficiencies for liquidity providers and traders. By offering more stable yields and sustainable returns, we believe Swaap is an essential building block in the evolution of DeFi towards a financial system.”

Swaap is inviting users to join the waitlist for its upcoming v2 release. To be among the first to access the new platform and enjoy exclusive benefits, visit swaap.finance/waitlist The waitlist is powered by Zealy (previously Crew3) ensuring a seamless and efficient onboarding experience.

About Swaap

Swaap is transforming the DeFi landscape with its cutting-edge market-making models, improved performance, and access to a wide variety of token options, including yield-bearing assets. Developed in collaboration with the Louis Bachelier Institute using the innovative AMM (automated market maker) simulator, Swaap delivers an enhanced experience for Liquidity Providers. Dive into a new era of on-chain liquidity provision and experience the future of DeFi with Swaap at swaap.finance.

For more information visit:

Twitter | Discord | Website

Contact

Head of Marketing
David Costello
Swaap
david.costello@swaap.finance

Lausanne, Switzerland, April 18th, 2023, Chainwire

In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors. Building upon their earlier success in raising $50 million from 24,000 individuals during their initial coin offering (ICO) held in 2017/18, SwissBorg’s Series A fundraising, which closed last Friday, has produced astonishing results.

SwissBorg raised a total of 21,242,064 Swiss Francs and sold 13,651,189 shares to 16,841 investors, reaching a final valuation of approximately 200M Swiss Francs. This remarkable achievement underscores the potential of community-driven fundraising and the importance of engaging the public in the development of innovative companies.

With the SwissBorg app and ecosystem, the company is well-positioned to become the leader in the European crypto market. The platform offers users an accessible and user-friendly experience, enabling them to manage their crypto assets with ease and confidence.

SwissBorg is a forward-thinking company that is dedicated to advancing the Web3 ecosystem. Its platform provides users with easy access to cryptocurrency investments and decentralised finance (DeFi) opportunities, enabling them to benefit from the growth of this rapidly evolving industry.

SwissBorg’s unique positioning allows it to take on Web3 in a way that other companies can’t. With a community-centric approach, the company is able to leverage the expertise and enthusiasm of its users to drive innovation and growth. At the same time, its focus on transparency and security ensures that investors can feel confident in their investments, even in a highly volatile market.

Well-positioned to become a leader in the Web3 space, SwissBorg’s successful Series A fundraising is just the beginning of what promises to be an exciting journey. With its commitment to innovation, transparency, and community, SwissBorg is poised to significantly impact the future of finance.

The Lausanne-based company expresses its heartfelt gratitude to the community for their unwavering support and trust throughout the Series A fundraising. Their belief in SwissBorg’s vision has enabled the company to surpass expectations, break records, and set new benchmarks for future fundraisers as investors in SwissBorg, the community’s confidence in the company has solidified its potential for growth and industry leadership.

SwissBorg’s leadership highlights the importance of community support, reinterpreting the classic saying, “Fortune favours those with many friends.” Bolstered by their devoted community, SwissBorg is well-positioned for a promising future.

About SwissBorg

SwissBorg is headquartered in Switzerland, holds a Virtual Asset Service Provider licence regulated by the FIU in Estonia, and is registered as a PSAN with France’s AMF. The SwissBorg app allows over 700k verified users to manage their wealth, with an exchange aggregator to provide users with the best exchange prices and liquidity, the ability to invest in themed crypto bundles, and opportunities for users to access a yield on their crypto assets.

Click here to learn more about SwissBorg and its mission.

Contact

Chief Partnership Officer
Alex Fazel
SwissBorg
alex@swissborg.com

Tokyo, Japan, April 17th, 2023, Chainwire

Astar Network, a smart contracts platform for multichain, is delighted to announce that its Founder and CEO Sota Watanabe will be presenting at the prestigious Consensus 2023 event in Austin, Texas. He will be taking the stage on Thursday, April 27 at 11:00 – 11:30 CT.

Sota Watanabe will be discussing why Japan is embracing crypto while regulators in other leading economies are struggling to figure out how to deal with crypto and Web3. He is a leading authority on the subject, having worked closely with the Japanese government in shaping the nation’s Web3 strategy. 

As lawmakers and regulators from the US to Europe to Asia express increased wariness of crypto, Web3 promotion remains part of Japan’s national strategy. An early mover in the field, Japan learned hard lessons from the 2014 Mt Gox collapse and the record 2018 Coincheck hack and its approach to regulation has mitigated the impact of FTX’s collapse on Japanese users.

“I’m excited to join this group representing Japan’s crypto community to share insights with the Consensus community. Being a founder of the first public blockchain in Japan has led me to become involved in planning a national strategy to use digital assets and develop Web3 solutions. I want to bring those lessons to the US and other countries,” said Sota Watanabe, Founder of Astar Network.

Today, the Japanese government has made Web3 a part of its national strategy and Astar Network CEO Sota Watanabe is helping the government as well as the key business players on a path forward in Web3. Japan’s leading corporations including Toyota Motor Corporation and Sony Network Communications have teamed up with Astar Network to explore the opportunities in Web3.

Consensus 2023, the coveted Web3 event from CoinDesk, is all set to kick off from April 26 to April 28. It is the world’s largest and most influential gathering that brings together all sides of the cryptocurrency, blockchain and Web3 community, including the developers, investors, founders, brands, policymakers and more. In its 2022 edition, the event saw over 20,000 attendees from 112 countries alongside over 500 thought leaders and speakers.

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 the go-to blockchain for developers and enterprises interested in exploring the Japanese Web3 space. Astar 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 Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability with cross-consensus messaging (XCM) and a cross-virtual machine (XVM). Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for their code and the dApps they build.

One of the first parachains to come to the Polkadot ecosystem, Astar is a vibrant network that is supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL dApps.

For media queries, please contact: Maarten Henskens, press@astar.network

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

Contact

Maarten Henskens
press@astar.network

MANCHESTER, UK, April 17th, 2023, Chainwire

OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched “Make Your Play”, an immersive metaverse experience in which fans can attend an exclusive tactical football masterclass from Manchester City captain İlkay Gündoğan.

“Make Your Play” sees Gündoğan step into the OKX Collective metaverse to guide fans through pre-planned drills and explain his in-game decision-making processes. Appointed Manchester City captain for the 2022/23 season, İlkay Gündoğan is known for his tactical football mind and love of coaching.

The OKX Collective is a unique virtual metaverse environment that allows fans to participate in Web3 first-hand and gain access to special content from Manchester City players Alex Greenwood, İlkay Gündoğan, Jack Grealish and Rúben Dias.

İlkay Gündoğan said: “The beauty of our game is in the tactics. As someone who loves coaching and highlighting the tactical skills that are needed to win, it is hugely exciting to be able to share what I know in an arena like the OKX metaverse.”

Haider Rafique, Global Chief Marketing Officer at OKX, said: “Hot on the heels of Rúben Días taking to the metaverse to show us how he maintains top performance for matchday, we are very excited to get insights into İlkay’s tactical approach in the same forum. İlkay is an incredible football mind, and this chance to benefit from his expert knowledge in an interactive virtual environment provides a glimpse into how Web3 stands to overhaul the ways we connect and interact in the future.”

Fans who visit the OKX Collective will be treated to special experiences designed around each footballer’s playing style and personal interests. In addition to exclusive training content, these will include music and NFT-based digital experiences. 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-metaverse.com and create their personalised avatar.

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

About OKX

OKX is the second biggest 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

Victoria, Seychelles, April 7th, 2023, Chainwire

OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today released the findings of a survey on the perceived market impact of the two-part Shanghai-Capella (a.k.a. Shapella) upgrade, which is slated for April 12 and will enable withdrawals of staked ether (ETH). 

Key findings include:

• 83% of those surveyed expect that more ETH will be staked in the next three months
• 63% of respondents predict that ETH will hit a new record high of over USD5,000 by the end of 2023
• 79% of those surveyed expect ETH’s price to react differently to Shapella than the Merge*: 
• 59% think it will keep increasing before and after the upgrade
• 20% believe ETH will move sideways
• 33% of respondents think ETH will be over its current six-month high of USD2,000 in June 2023, but still below its 12-month high of USD3,000
• 34% of those surveyed predict ETH at below $2,000, while 33% believe it will be at least $3,100 by June 2023

17.9 million ETH was staked as of April 5, 2023. This was equivalent to over USD34 billion. The APR investors earn on staked ETH is currently 4.65%, a figure that decreases as the pool of staked ETH increases.

OKX will begin processing withdrawal requests for staked ether within one week of Shapella going live, following the company’s completion of on-chain code audits to ensure customer safety.

The survey was conducted by OKX from March 1-5, 2023 with 700 ETH traders, investors, and network developers at the ETH Denver conference.

To learn more about OKX, please visit okx.com. 

* ETH declined in price immediately before and after the Merge in September 2022

** https://ethereum.org/en/staking/

*** According to Coinmarketcap data for April 5, 2023

**** https://beaconcha.in/ethstore

About OKX

OKX is the second biggest global crypto exchange by trading volume and a leading Web3 ecosystem. 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

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
media@okx.com

Potomac Falls, United States, April 11th, 2023, Chainwire

Ash Environmental DAO has announced the dates of its token sale. The event will run from April 17 to May 7, giving participants the chance to purchase the Ash token and become part of a global ecosystem committed to funding high-impact innovations to address real-world challenges.

The Ash Environmental DAO is a solution platform that seeks to address global challenges such as access to financing for environmentally-friendly innovations, environmental degradation, job losses, diminishing economic development, and poverty. The Ash token is a digital asset within the Ash Environmental DAO ecosystem that is registered in the United States and aims to tackle these pressing issues through active engagement and collaboration with the global community.

Born out of the need to find alternative solutions for funding high-impact initiatives, Ash is a governance token and unit of an exchange that operates as a BEP20 on BNB Smart Chain. Its creators conceived the idea as they struggled to commercialize innovations for coal ash recycling and greenhouse gas emissions capture. They faced numerous hurdles in raising capital and encountered stakeholders who dismissed their passion for environmental improvement and local, regional, national and global economic development initiatives.

The Ash team is driven by the belief that the environmental challenges faced by today’s generation must inspire a collective desire to make a lasting difference. They invite the global community to join them in their journey by offering encouragement, support, and active participation.

Visit www.ashtoken.io to join the Ash team as they strive to restore the health of the global environment while creating jobs or email the team directly at: staff@ashtoken.io

About Ash Token

Ash Token avails to the global community, a platform that has the demonstrated ability to foster environmental accountability, business and project financing and job creation. It is a project that has true utility and purpose and which stands to readily translate the benefits of blockchain to the ordinary person. The Ash Token additionally serves as a common platform around which, the global community can rally to deal with the pressing environmental and economic challenges of our time.

Contact

CEO
Ato Andoh
Ash Environmental DAO/Ash Token
staff@ashtoken.io

Tokyo, Japan, April 11th, 2023, Chainwire

TemDAO is a world heritage project that seeks to protect and preserve cultural assets through donations and democracy. The project, powered by the $TEM token, ensures the long-term sustainability of global cultural sites.

Recently, TemDAO has made notable donations for preservation efforts in Ukraine, Turkey, and other regions worldwide. These actions aim to help communities preserve their existence and their global heritage.

The team underlines the importance of recognizing the significance of preserving the world’s shared cultural history. TemDAO aims to positively impact global culture through its unique strategy and solutions.

The Team’s Strategy for World Heritage and Cultural Assets Protection

TemDAO has an innovative strategy for protecting world heritage and cultural assets. The project intends to empower individuals and organizations to stimulate projects that preserve these important resources.

As a current initiative, the TemDAO team is working with Ninna-ji temple, one of the temples in Kyoto, Japan.

There are many temples in Kyoto, but they have the problem of aging and need to be repaired or rebuilt. Ninna-ji Temple and TemDAO are working together to attempt to reconstruct the temple through donations.

The project relies on transparent transactions in which all expenses are recorded on-chain, making corruption impossible and allowing for offering special utilities to collaborators who agree with their aims.

The proposed utility is the right to stay in a special part of the temple. That room has an important historical significance, where an old emperor used to live. Wouldn’t it be historic to be able to stay in the same room and experience the same feelings?

TemDAO is exploring the possibility of connecting the world of Buddhism at Ninna-ji Temple with the reality of their DAO to achieve sustainable protection and restoration of Ninna-ji Temple.

A System Fueled by Democracy and the $TEM Token

TemDAO is a platform that utilizes blockchain technology to facilitate the protection and maintenance of global heritage sites. It features two forms of democratic governance: off-chain voting, known as ‘soft’ governance, and on-chain voting.

The $TEM token serves as the fuel for this system, with multiple use cases:

1. It allows holders to lock $TEM. The operation enables the community to govern fundraising proposals and decide fund allocation.
2. It enables the community to pay commission fees for IP-NFT trading.
3. Staking $TEM creates a pool for fundraising and project reviews.
4. Depositing $TEM allows users to become nodes that review projects while deterring cheating.

The $TEM token distribution aims to provide incentives for all stakeholders in a democratic manner. Specifically, most of the tokens (62%) go to the ecosystem. This includes participants in World Heritage or cultural asset protection and funds for equipment and repairs.

Additionally, 14% of the tokens help the team push its marketing efforts. The same quantity (14%) goes to developing the platform and its supporting services. The remaining 10% is in the hands of TemDAO stakeholders, such as the team, investors, prospective employees, and strategic partners.

TemDAO’s decentralized governance mechanism preserves world history by balancing token utility and fund allocation.

The Project’s Recent Donations for World Heritage Preservation

The TEM project team has recently donated to several organizations to support the people and communities affected by global events. All of these donations were made from $TEM profits.

In particular, they have donated funds to aid Ukraine following the Russian invasion of 2022. The team donated for relief efforts after an earthquake hit Turkey in February 2023. The team has contributed to NPOs and NGOs such as “Save the Children,” “Binance Charity,” and others through these donations.

The project’s mission is to make sure that the world’s heritage is preserved and protected. In such a context, donations represent a direct way of contributing to this goal. The project team is committed to ensuring their donations are put to good use.

About TemDAO

TemDAO is a world heritage protection and development DAO accelerator. The project provides a large ecosystem of resources and support to fund, govern, and develop cultural properties worldwide.

TemDAO uses a decentralized, democratic governance system powered by the $TEM token. This approach preserves and maintains world heritage sites through off-chain and on-chain voting processes and more.

The team has recently partnered with the Giving Block, a popular name in the world of crypto charities. The Giving Block has gradually built a reputation as the go-to platform for nonprofits looking to accept cryptocurrency donations. This partnership is a great opportunity for TemDAO to enhance its mission of protecting the world’s precious heritage sites and accelerating its fundraising efforts.

The project’s recent donations go in the same direction, providing relief and support to communities affected by global crises. By doing so, TemDAO ensures the preservation of the world’s heritage for future generations.

TemDAO’s website and social media pages below provide more information about the platform, its features, and how it works.

Twitter | Telegram

Contact

Marketing Director
Kei Sugimura
info@temdao.io