Author: chainwire

Tel Aviv, Israel, August 22nd, 2024, Chainwire

Fully Homomorphic Encryption (FHE) Layer 2 Fhenix has announced the launch of two new programs to accelerate adoption of its growing ecosystem. Twin grant and bounty programs have been created to provide incentives and support for developers and projects looking to build on Fhenix L2.

The Fhenix Grant program aims to incentivize developers to explore the power of confidential computation using Fully Homomorphic Encryption. Designed for developers working on FHE infrastructure or looking to launch confidential applications onchain, the program is now open to applicants.

Fhenix is seeking projects developing innovative use cases and creating essential tooling for working with data secured by Fully Homomorphic Encryption. Applicants are expected to outline key deliverables, KPIs, and project milestones, with eligible grantees receiving funding to help build out their solution.

A dedicated grants page is now live on Fhenix.io, allowing projects to start the application process. Grant applications will be carefully reviewed by the Fhenix team, which may contact projects to request further information where necessary. The grants program is targeted at larger-scale projects interested in enhancing onchain confidentiality through FHE.

The Fhenix grant program is also complemented by a bounty program, designed to support smaller projects with a specific scope. The bounty page on Fhenix.io lists the latest bounties available complete with an outline of the task in question. The Fhenix team will aim to match the most suitable applicants to each bounty, with successful applicants eligible for the respective bounty reward upon project completion.

The Fhenix grant and bounty programs will allow more developers to familiarise themselves with its EVM-compatible L2 and to develop use cases that involve FHE. In the process, it will showcase the many confidentiality-enabled applications using Fully Homomorphic Encryption.

About Fhenix

Fhenix is the first Ethereum Layer 2 to enable confidential smart contracts using Fully Homomorphic Encryption (FHE), a novel cryptographic scheme that enables computation of encrypted data. Fhenix is EVM-equivalent, enabling developers to write their smart contracts in Solidity using the developer tools they’re familiar with and selectively encrypt them using FHE.

Fhenix’s goal is to advance Ethereum application development by bringing confidentiality to smart contracts, transactions, and onchain assets for the first time. To learn more, please visit https://www.fhenix.io/ 

Contact

Content Manager
Makena Walsh
mak@fhenix.io

Seoul, South Korea, August 8th, 2024, Chainwire

Bithumb, South Korea’s leading cryptocurrency exchange, is proud to announce the official listing of the io.net token (IO) on its platform. This strategic move aims to enhance the reach and adoption of io.net’s decentralized computing network, which is pioneering in providing cost-efficient and scalable distributed physical infrastructure for machine learning and AI projects.

Key Listing Information:

• Supported Market: Korean Won (KRW) Market
• Supported Network: Solana (SOL) (Note: Deposits via other networks are not supported)
• Deposit Start: 4:00 PM KST, Wednesday, August 7, 2024
• Trading/Withdrawal Start: 6:00 PM KST, Wednesday, August 7, 2024
• Base Price: 2,334 KRW
• Number of Deposit Confirmations Required: 20

Trading Guidelines and Safeguards: To foster a secure and orderly trading environment, Bithumb has instituted temporary trading controls during the initial phase:

• Buy Orders: Restricted for the first 5 minutes post-launch.
• Sell Orders: Restricted for the first 5 minutes post-launch at prices lower than -10% or higher than +100% of the base price.
• Automatic Orders: Enabled following the first transaction.

These measures are designed to ensure stability and protect investors from extreme volatility in the early stages of trading.

Bithumb’s Commitment: As a premier cryptocurrency exchange, Bithumb is dedicated to providing a secure, compliant, and user-friendly trading environment. Our commitment to investor protection is reflected in our stringent listing criteria and continuous enhancements to our platform’s security protocols.

For more comprehensive details on deposit and withdrawal policies, trading guidelines, and investment precautions, users are encouraged to visit the official Bithumb website.

About io.net (IO): 

The io.net platform is at the forefront of revolutionizing the distributed computing landscape. By leveraging the Solana network, io.net offers a robust and efficient infrastructure that significantly reduces costs and enhances performance for machine learning and AI applications. This listing on Bithumb marks a pivotal moment for io.net, expanding its accessibility to the Korean market and bolstering its global presence.

About Bithumb:

Bithumb is one of the largest cryptocurrency exchanges in South Korea, renowned for its extensive range of supported assets, advanced trading features, and unwavering commitment to security. With a mission to drive the global adoption of cryptocurrencies, Bithumb continuously strives to provide a seamless and innovative trading experience for its users.

Contact

Dan Edelstein
PR@marketacross.com

San Francisco, United States / California, July 10th, 2024, Chainwire

Revolutionizing Multi-Blockchain Coordination with Seamless User Interactions

Agoric, a layer 1 blockchain designed for chain abstraction, has today announced the roll-out of its Orchestration API. With this new toolset, developers can create next-gen Web3 applications that seamlessly coordinate digital assets and services across multiple blockchain ecosystems. As a result, users can now benefit from one-click interactions that can deploy their liquidity and access multiple blockchains in a uniform fashion.

With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems (Ethereum, Solana, L2s, L3s, app-chains, sovereign rollups, subnets and more), users are too often left with complex, arduous experiences in Web3. Many have tried to solve this fragmentation issue by launching bridges and interoperability solutions, however, the experience is still limited due to the lack of programmability with existing solutions. Even simple use cases like paying with assets on one blockchain for services on another one require multiple user actions and signatures, leaving crypto assets trapped within isolated silos.

Orchestration changes the game for multi-chain use cases:

• For users, orchestration enables real chain abstraction: experiences that cross chains have the simplicity they demand.
• For developers, orchestration offers cross-chain programmability thanks to a multi-block execution environment and simple JavaScript APIs to manage accounts and assets on remote chains. 
• For the Web3 ecosystem, orchestration provides composability across protocols to unlock liquidity, regardless of the native chain.

Commenting on the API launch, Dean Tribble, CEO of Agoric Systems, said: “We are excited to offer a platform that enables rich, one-click user experiences that unlock new economic opportunities across multiple chains. Currently in Web3, even simple tasks demand too many actions and too much finicky expertise by users. Agoric Orchestration brings unique technology to developers so they can bring their applications into the next generation of Web3.”

Interchain trading terminal Calypso will leverage Agoric Orchestration to launch their staking widget. With just one click, users can stake into any IBC-enabled chain from almost any starting token (ETH, SOL, etc.). Normally, this process of cross-chain staking could take the user six separate steps including multiple signatures, but with Agoric Orchestration, it’s only one action.

Commenting on the integration, John DiBernardi, Co-Founder of Calypso, said: “When it comes to executing actions across multiple blockchains, Agoric Orchestration is simply unmatched. We’ve been able to simplify time-intensive and incredibly frustrating DeFi tasks into a one-click experience that both users new to DeFi and those that are seasoned will greatly appreciate.”

Builders ready to orchestrate the multi-chain can apply for Agoric’s Early Access Program, offering personalized technical support, financial incentives, and early access to new features. Apply today at agoric.com/eap. 

Dean Tribble, CEO of Agoric Systems, is available for interview on request

About Agoric 

Agoric is a layer 1 blockchain for orchestration. In the fragmented blockchain landscape, Agoric brings orchestration to Web3 to solve the chain abstraction challenge and foster composability and true interoperability that unlock a new era of universal liquidity. 

Agoric is the brainchild of renowned computer scientists, Dean Tribble and Mark Miller. Their groundbreaking work in secure computing and distributed systems laid the foundation for Agoric’s innovative technology.

For more information, users can visit Agoric’s: Official Website | Twitter (X) | Discord | Linkedin

Contact

Senior Consultant
Alissa Karpick
Wachsman
agoric@wachsman.com

Monaco City, Monaco, June 18th, 2024, Chainwire

Memereum (MEME), a new altcoin, has demonstrated notable performance during its initial coin offering (ICO) presale, selling over 23 million tokens and nearing the 24 million mark. The project has attracted more than 8,000 users to its platform. While the Ethereum challenger, Solana, remains under the $150 price level.

The pre-sale began at $0.01 and by a strategic move by the team, is now at $0.039. Those who invested in Memereum at the beginning have seen their investments grow almost 400%. Memereum’s appeal stems from its unique position as the first blockchain insurance with its own insured decentralized exchange, MemeSwap.

Memereum (MEME) is currently priced at $0.039, but will launch at $0.45 on BitVenus, Toobit, Azbit, and MemeSwap, which is more than 10 times its original price. Memereum ICO also has automatic 183% APY staking for holders, along with free airdrop competitions.

Solana (SOL): Analysts Predict a Potential Rise To $215

Solana (SOL), one of the top altcoins in the crypto market, is experiencing mixed sentiment on the price chart, remaining under the $150 mark. According to CoinMarketCap, Solana has recorded losses of 9.71% on the weekly chart and shown losses of 14.65% on the monthly chart.

Despite the mixed sentiment, some predict that Solana’s price could rise to $215 in the coming weeks. Furthermore, Solana aims to carve out its niche in the digital asset space and establish itself as a rival to Ethereum.

About Memereum (MEME)

The strong interest in Memereum (MEME) can be attributed to its innovative approach in the blockchain sector and its growing community support. Similarly, Solana is currently experiencing mixed market sentiment but continues to be an active participant in the market.

Users can click here to join Memereum’s ongoing presale.

Contact

Bessie Cooper
Memereum
support@memereum.net

Denver, United States, June 18th, 2024, Chainwire

Renzo, the Liquid Restaking Protocol, today announced $17M in funding. As of today, nearly $4B is already restaked with Renzo. The funding, which took place across two rounds, was first led by Galaxy Ventures and the second round led by the Nova Fund – BH Digital (based in Abu Dhabi). This follows $3.2m of funding previously via Maven11, Figment Capital and Binance Labs. 

Restaking is rapidly becoming a core pillar for scaling security on Ethereum, but it’s complicated, risky and expensive thus hindering user growth. Renzo, built on EigenLayer, is being built to make restaking accessible and easy, and its new funding round will expand its restaking services.

Renzo acts as a secure user-friendly interface to the EigenLayer ecosystem, securing AVS (Actively Validated Services) and accessing restaking rewards while simplifying the process and allowing for secure integrations with node operators.

“Restaking will be inclusive of all assets, ETH and ERC-20’s, as dual staking adoption grows Renzo is building the settlement layer for restaking,” said Lucas Kozinski, Founding Contributor.

Renzo allows users to deposit native ETH, stETH and wBETH (LSTs) and get access to EigenLayer. Renzo runs a distributed Ethereum validator infrastructure powered by Figment, P2P.org and Hashkey Cloud to enable unrestricted participation on Eigenlayer.

It is accessible from Arbitrum, Base, Blast, Linea, Mode and BNB Chain with over 100 DeFi integrations.  

“Renzo differentiates itself from other protocols by fundamentally building its system with restaking in mind, in contrast to traditional staking protocols that are merely adapting to restaking,” said Will Nuelle, General Partner of Galaxy Ventures. “What sets Renzo apart is its unique ability to accept both native ETH and Liquid Staking Tokens (LSTs). This capability allows Renzo to foster collaboration with existing market players and ensures a smooth, user-friendly process for participants.”

About Renzo

Renzo is the restaking hub of EigenLayer built to streamline and expand access to the most intelligent Liquid Restaking strategies. Powered by institutional-grade node operators, Renzo abstracts away the complexities of securing Actively Validated Services (AVS) while delivering a powerful interface for risk management and rewards tracking on EigenLayer. With Renzo’s ezETH—the most integrated Liquid Restaking Token (LRT)—users can access broad exposure to the EigenLayer (and Ethereum) ecosystems with more opportunities to generate rewards. Uses can earn more by visiting https://www.renzoprotocol.com/

Contact

Contributor
Lukasz Kozinski
Renzo Labs
Lucas@renzoprotocol.com

Tortola, BVI, June 14th, 2024, Chainwire

Stage, with it’s $STAGE token that is set to launch soon on the BNB Chain, launches a platform where music fans directly influence the rise of new stars and get rewarded for it. This platform combines talent, technology and tokens to create a dynamic music ecosystem.

Stage is where artists and fans alike actively participate in shaping the future of music. On Stage, artists upload their video performances and compete in exciting rounds to rise to stardom. Fans play a crucial role by voting for their favorite artists, potentially earning exclusive rewards, and engaging with unique Real World Asset (RWA) Badges. The innovative business model ensures that artists receive 60% of the proceeds from votes cast for them, alongside 10% royalties on RWA Badges. Fans, on the other hand, are rewarded with Stage Badges for their support, making every interaction on the platform mutually beneficial.

The mission at Stage is straightforward: to empower music fans and artists, ensuring that everyone gets a piece of the action. The vision is to build a thriving community where every interaction enriches both fans’ and artists’ journeys.

Backed by top-tier crypto entities such as the Solana Foundation and key industry figures, including the CEO of Kraken US, Stage has additional support from RR2 Capital, Moonrock Ventures, and Cogitent (among others).

The powerhouse team behind Stage includes André Cruz, CEO and Co-Founder, a musician and e-commerce expert with three successful exits; Geoffrey Doyen, CTO and Co-Founder, who brings extensive AI experience from working with Fortune 500 companies; and Francisco Quartin de Macedo, COO and Co-Founder, who previously led a trading desk at blockchain.com.

Stage has also attracted high-profile ambassadors, including celebrities with millions of followers who will help amplify the mission. Among them is Jerry Heil, who ranked Ukraine as Eurovision 3rd Place. Their influence helps Stage reach a global audience and attract top-tier talent to the platform.

By integrating Web 3.0 principles, Stage aims that both artists and fans are fairly compensated and deeply engaged. The platform’s unique approach includes:

• Play-to-Earn Model: Gamify the user’s music experience and potentially earn as they participate.
• Real World Assets (RWAs): Users can collect and trade digital badges linked to exclusive artist rewards.
• AI Music First: Users can compete in AI music competitions and tokenize music samples, melodies, beats, and vocals.

The Token Generation Event (TGE) for $STAGE will be conducted through the reputable launchpads ChainGPT, Decubate and Eesee. This will aim to a broad and invested audience, to potentially maximize the impact and reach of the token launch.

Users can stay updated with Stage’s journey by following on Twitter and joining the Telegram community, to be the first to know about the latest updates and exclusive rewards.

Contact

CTO & Co-Founder
Geoffrey Doyen
Stage Token Inc.
info@stage.community

Phoenix, United States, June 13th, 2024, Chainwire

Devour, the leading web3-powered food ordering platform, announced today that it’s simplifying crypto payments for millions of users with the integration of Coinbase Commerce into its DevourGO checkout. This innovative move allows crypto enthusiasts to seamlessly pay for their favorite meals using their existing Coinbase.com or Wallet accounts, all within the DevourGO app.

“We’re excited to partner with Coinbase Commerce to make crypto spending on food effortless for millions,” said Shelly Rupel, CEO of Devour. “This integration unlocks a massive opportunity – crypto holders can now enjoy food delivery while paying with the ease of their Coinbase account. It’s a win-win for both sides, offering crypto users the convenience they crave and restaurants a new way to tap into a growing and tech-savvy customer base.”

DevourGO leverages the power of web3 technology to create a more engaging and rewarding dining experience for both consumers and restaurants. Empowering food ordering and engagement beyond the traditional apps — in-game, in-entertainment and in-digital communities! With the addition of Coinbase Commerce, DevourGO unlocks a new level of convenience and accessibility for millions of crypto enthusiasts.

“Coinbase Commerce was created to provide new and more accessible avenues for businesses and consumers to transact with crypto,” said Lauren Dowling, Group Product Manager, Coinbase Commerce and Onramp. “We are pleased to integrate with DevourGO and provide convenient, seamless, and a borderless customer experience for restaurants and crypto enthusiasts.”

Benefits of the DevourGO and Coinbase Commerce Integration:

• Convenience for Crypto Users: DevourGO users can now pay for their food orders directly with their crypto holdings, eliminating the need to convert to fiat currency.
• Increased Revenue for Restaurants: Restaurants using DevourGO can tap into a new customer base of millions of crypto enthusiasts who are eager to spend their digital assets.
• Effortless Checkout: Pay for food directly from your Coinbase account, eliminating the need for multiple logins or complex processes.

How it Works:

1. Users place their food order through the DevourGO platform.
2. At checkout, users select Coinbase Commerce as their payment method.
3. Users are directed to their Coinbase.com or Wallet account to complete the transaction.
4. Once the transaction is confirmed, the user’s order is processed by DevourGO and sent to the restaurant.

About Devour

Devour is a trailblazing platform that transforms the digital dining experience, uniquely integrating food ordering into the gaming and streaming worlds for Gen Z. It’s more than an app; it’s an innovative ecosystem where games, entertainment, and food converge. With the Devour Platform, we’re tapping into the lifestyles of over 200 million U.S. gamers, offering a seamless blend of entertainment and convenience. Learn more at devour.io.

About Coinbase

Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We’re updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.

For media inquiries or to request an interview with CEO Shelly Rupel, users can contact Leah Smith at press@devour.io

Contact

CMO
Leah Smith
Devour
press@devour.io

Lisbon, Portugal, June 12th, 2024, Chainwire

Azuro, the leading liquidity layer for onchain predictions, is using Olas, the principal network for autonomous AI agents, to leverage their AI stack for the development of an autonomous agent capable of operating across the Azuro ecosystem.

Azuro is the frontrunner infrastructure layer for sport and entertainment prediction markets within EVM chains. Over 25 apps are operational on the protocol, with many others already in the works. Its innovative liquidity pool design, sophisticated tooling and oracle solutions allow apps to deploy without upfront investment or running costs, saving them valuable development resources that can be directed to user acquisition, engagement and monetization instead.

Transaction volumes on Azuro have been expanding consistently and rapidly over the past year, standing at $350+ million as of this writing, along with a protocol revenue in excess of $3M+, thus becoming the number 1 revenue-generating protocol on Polygon recently.

Olas, known for its composable stack that supports the development of autonomous services, provides a framework for building advanced autonomous agent technology. These AI agents, while running off-chain, are represented on-chain by smart contracts.

This union offers Olas AI technology the opportunity to access the fastest-growing prediction markets ecosystem. The Azuro AI agent will be capable of learning how to accurately predict outcomes of sports events. To maximize its learning, the agent will be retrofitted with data from Azuro markets. This AI agent, once operational, will be able to autonomously analyze, and operate in prediction markets on Azuro, enriching the ecosystem with data-driven insights and predictive capabilities for all participants.

“We are setting the basis for the development of AI agents that can effectively integrate and operate within the Azuro ecosystem. Long term, this integration could unleash a new era in market analysis and empower new applications for prediction markets beyond sports, such as political forecasting, and other entertainment events,” stated Rossen, core contributor at Azuro.

This is an exciting advancement for developers and users of Azuro prediction markets alike. Aside from the creation of the AI agent, Azuro will host a hackathon to provide tools and frameworks for the development of new autonomous agents and the expansion of use cases in prediction markets.

About Azuro

Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity solutions for EVM chains to host powerful prediction and gaming apps. With its unique infrastructure layer approach Azuro makes on-chain predictions and gaming portable and composable. It allows anyone to engage and monetize users by building apps, integrations, and products quickly, permissionlessly and with zero upfront or running costs.

For more information or press inquiries:

• Website: https://azuro.org/
• Docs: https://gem.azuro.org
• Github: https://github.com/Azuro-protocol
• Onchain activity: https://dune.com/azuro/stats 

About Olas

Olas enables everyone to own a share of AI, specifically autonomous agent economies. Olas is a unified network of off-chain services – like automation, oracles, and co-owned AI. It offers a composable stack for building these services, and a protocol for incentivizing their creation. Olas enables operating these services in a co-owned and decentralized way.

For more information or press inquiries, users can visit:

• Website: https://olas.network/
• Docs: https://docs.autonolas.network/

Contact

Azuro team
team@azuro.org

London, United Kingdom, June 12th, 2024, Chainwire

Doggy AI (DOGYAI)has swiftly accumulated over $101,000 in its presale shortly after launch, and the DOGYAI team sees this as an encouraging start in the meme coin market.

Built on the Ethereum blockchain, Doggy AI combines meme culture with advanced AI technology. It aims to attract a broad community by offering daily staking rewards, with the potential for participants to enhance their holdings efficiently.

Presale Achievements and Allocation

The presale of Doggy AI has already surpassed $101,000, with no hard cap specified in the whitepaper. Thirty percent of the token’s 69 billion total supply is allocated for the presale. The allocation plan also designates 20% for staking rewards, 10% for community incentives, 10% for exchange liquidity, 20% for marketing efforts, and the remaining 10% for project support and expansion.

Users can purchase DoggyAI $DOGYAI here. 

Innovative Technology Meets Meme Culture: The New Era of Crypto Marketing

Doggy AI is rallying its vibrant community with the goal of ascending to the pinnacle of the meme coin market, showcasing a progressive model of modern community engagement.

This project caters to a wide range of investor profiles by integrating advanced AI technology within a meme coin format. It appeals to both traders interested in high-risk ventures and those focused on long-term value.

Doggy AI aims to emulate the success of similar ventures like Corgi AI and Turbo, which have effectively merged advanced technology with meme culture.

However, Doggy AI stands out from its predecessors in several ways. First, its playful name and branding capture the contrarian essence of memetic culture. Additionally, its staking rewards are designed to mitigate the volatility typical of meme coins.

Staking Rewards and Market Strategy

The staking supply will be gradually released over two years, initially targeting early participants for rewards. The team hopes these rewards will decrease as more users join the staking pool.

However, these significant rewards are reserved for early participants, as the staking benefits will diminish as more users join the staking pool. The team plans for the prices to rise progressively throughout the presale, rewarding early investors with greater value for their investment.

$DOGYAI is currently trading at $0.000289, but the next uptick will occur in one day or when the total raise hits $714,285.71.

Users can follow Doggy AI on X or join its Telegram to stay updated.

• Project Name: Doggy AI 
• Token Name: $DOGYAI
• Deployment Network: Ethereum
• Soft Cap: $8,835,000
• Hard Cap: $10,000,000
• Presale Start Date: 07/06/2024

About DoggyAI

DoggyAI ($DOGYAI) introduces a unique fusion of meme. culture and artificial intelligence to the cryptocurrency ecosystem. By leveraging AI technology and the viral nature of memes, DoggyAI aims to create a fun, engaging, and rewarding experience for its community.

Contact

Marketing Manager
Thomas Bellingham
Doggy AI
Marketing@web-3-media.com