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Willemstad, Curacao, June 6th, 2024, Chainwire

The BetFury crypto ecosystem announced a great Cryptodrop. The prize pool of $20,000,000 will be distributed from the end of Q3 to the beginning of Q4. This initiative offers participants the chance to earn cryptocurrencies by completing various tasks. The Cryptodrop pool consists of top-tier crypto and BFG tokens, which have strengthened their position after burning 33% of the total supply and locking 48% of circulation.

About the Cryptodrop  

Cryptodrop involves distributing tokens to users who complete specific tasks. Unlike other projects, BetFury’s Cryptodrop features tokens with established market value. Participants can earn more crypto by accumulating points through various activities.

Key Features of BetFury Cryptodrop:

• Prize pool of $20,000,000;
• Rewards in real crypto and the valuable BFG token;
• Transparent drop duration (Q3 – Q4, 2024);
• Easy-to-join mechanics via Telegram and a user-friendly interface;
• The chance to earn free crypto and interactive Fury Game.

The Cryptodrop event offers a gateway for beginners to enter the crypto industry and allows experienced users to explore new opportunities within the BetFury ecosystem.

Funding and Transparency

BetFury Cryptodrop consists of crypto, which the project has accumulated over a certain period, and 350,000,000 BFG, which is transferred from the Community wallet allocated by the team. Thus, every active Cryptodrop participant has a chance of earning currencies like USDT, ETH, BTC, and BFG. 

Since the project has been developing in the industry for over four years, it can afford the Cryptodrop with the $20 million pool. Moreover, BetFury has located this round amount on a public address for total transparency.

About the Growing BFG token

BetFury’s Cryptodrop is also an investment in the future prosperity of its native token. BFG has already demonstrated price growth – by 40+% over the last month, according to CoinMarketCap statistics. It’s explained by upgrading a deflationary strategy, which provides for BFG buybacks, locks, monthly burnings, and permanent support for active holders. In addition to transferring 100% of revenue from iGaming activities and crypto functionality to BFG utilities, the BetFury team locked up one billion BFG for 4.8 years. These moves demonstrate the platform’s strong desire to evolve its product and the native token.

How to Participate in BetFury Cryptodrop?

To take part in the BetFury Cryptodrop, the user must go through a few simple steps:

1. Launch BetFury Cryptodrop Bot on Telegram.
2. Create a Cryptodrop account via this Bot.
3. Read a short Cryptodrop overview.
4. Launch the BetFury Bot and create/connect a BetFury account. This step is necessary to obtain rewards at the end of the event.

After completing these steps, the user becomes an official participant of the Cryptodrop. The more points a participant accumulate, the higher your chances of winning the grand crypto prize.

BFG Farm

BFG Farm is a unique feature that allows users with the potential to earn free crypto. Users can get up to 96,000 BFG daily depending on the BFG Farm level. These levels can be upgraded by collecting Wager points. To claim crypto, the participant should invite two or more friends and connect to a Twitter account for daily shares.

Play Fury Game – Get USDT, BFG & Game Points 

This 2D runner is the best entertainment for the chance to earn real crypto with gameplay that sets it apart from ordinary tap games. Playing as a raccoon, the participant can collect USDT, BFG, game points, and energy recovery badges The duration of each round in Fury Game is determined by energy that can be pumped up, increasing game levels.

Collect Plenty of Points in Quests

Quests are tasks of several types for collecting various points. They are similar to Notcoin Quests but offer more opportunities due to the extensive platform functionality. There are currently four types of Quests:

• Gaming Quests: Participants can play Original games and Slots, bet on Sports, and open Lootboxes to get Wager points.
• Earn Quests: Participants can join Crypto Staking and take Crypto Loans. Collect Earn points for subscribing to Flexible, Fixed-Term, Boosted Fixed-Term Staking and paying interest for borrowing.
• Trading Quests: Participants can trade Futures and swap crypto to receive Trading points.
• Social Quests: complete different tasks on BetFury social networks to obtain Social points.

Cryptodrop Wheels – Win Up to 1 Million BFG

Collecting points allows participants to spin different Cryptodrop Wheels. The Social Wheel activates after collecting 9,000 Social and Referral points, while the BetFury Wheel activates after collecting 3,000 Wager, Earn, or Trading points. These Wheels offer additional points and real currency rewards up to 100,000 BFG. The Social Wheel is for one-time use, whereas the BetFury Wheel can be spun unlimited times, with the tenth spin being a Super Spin that increases all rewards and offers a main prize of up to 1,000,000 BFG.

Referral Program

The Cryptodrop event includes a Referral Program where participants can earn rewards based on their referrals’ activities:

• 1,000 Referral points for each invited friend;
• 3% of crypto earned by user’s referrals in the BFG Farm;
• 15% for all points received by user’s referrals.

Referrals also receive 1,000 Referral points when joining through a referral link, making the program beneficial for both parties.

Conclusion

BetFury Cryptodrop is a significant crypto event combining unique reward mechanisms and opportunities for both beginners and experienced users. By participating and accumulating points, users have the chance to share in the $20,000,000 prize pool.

About BetFury

BetFury is a well-established ecosystem offering the chance to various crypto-earning features. With over five years in the market, the platform has achieved:

• Over 2.3М of the global community worldwide;
• $7.6В total wager and $48.9M bonuses paid;
• More than $122.5M of staking payouts.

BetFury offers a fast crypto swap with low fees, trading Futures with a unique FuryWaves randomizer tool, and NFT Lootboxes. Participants can access all these features directly on the BetFury website or via its Telegram Bot for faster platform access and a chance to earn rewards

BetFury is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact

Alisia Preston
BetFury
pr@betfury.io

Singapore, Singapore, June 5th, 2024, Chainwire

Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants

Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and more. Moonrise signals the next phase in evolution for Moonbeam and canary network Moonriver, which is incorporating Axelar bridging technology.

More than two years since its mainnet launch in January 2022, Moonbeam is well-established as the leading solution for integrating networks such as Polkadot, Ethereum and the broader EVM ecosystems. The 2024 Roadmap demonstrates Moonbeam’s dedication to continually improving its cutting-edge performance and experience for developers and users.

The Moonrise initiative is reflected in a comprehensive rebrand of Moonbeam’s look, underscoring how Moonbeam is more than a chain. It’s a hub for developers, Web3 enthusiasts, interoperability supporters and more.

“We’re beyond excited to reveal Moonbeam’s new look in conjunction with our ambitious plans for 2024. This year we are implementing improvements, upgrades and announcements to all facets of the Moonbeam and Moonriver networks,” said Aaron Evans, Head of Operations at Moonbeam Foundation. “As our passionate community of supporters knows, Moonbeam is a modern blockchain with features for developers and users that are still just a dream for other networks that remain in testnet phase.”

A lynchpin of the 2024 Roadmap is enhancing the core protocol with the introduction of asynchronous backing, a form of parallel processing that will quadruple block space and halve block times to 6 seconds, resulting in an 8x increase in overall throughput for Moonbeam.

More improvements include ensuring compatibility and seamless interoperability with Ethereum’s gas-saving Dencun upgrade, substantial upgrades to the UX for Moonbeam Routed Liquidity, and improvements to governance mechanisms.

Other highlights include:

• Ecosystem Integration: Glacis integration for reliable cross-chain transactions, Tanssi integration for appchain deployments, revitalized Moonriver with Axelar’s Amplifier program for bridging and a v3 AMM liquidity program.
• Developer Tools: Governance tracks for dApps, support for EIP-4337 Account Abstraction, expanded tooling integration for ease of development, deployment, and debugging/monitoring.
• User Experience: Zero Knowledge Initiative (zkAuth) for Web2 authentication, tokenomics incentive updates, and streamlined stablecoin flows.

The series of initiatives will begin rolling out immediately and will continue to be deployed through Q3 and Q4 of 2024, and into 2025.

To check out Moonbeam’s new website and follow the network’s upcoming developments, see: https://moonbeam.network.

About Moonbeam Network

Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.

Social media links: 

Website | YouTube | GitHub | Telegram | Medium | X | Discord

Contact

Patrick Brendel
SCRIB3
patrick@scrib3.co

Tortola, British Virgin Islands, June 5th, 2024, Chainwire

Nibiru EVM execution boasts blazing-fast transaction speeds, scalability, and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web3. 

Overcoming Ethereum’s Scalability Hurdles

Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance Ethereum Virtual Machine (EVM) execution environment, showcased in its latest v2 release.

Nibiru plans to scale beyond Ethereum’s current infrastructure, which is limited to approximately 20 transactions per second (TPS) and results in high fees during periods of congestion. These constraints hinder developers from building performance-intensive applications similar to the ones seen in Web2. Nibiru EVM surpasses these limitations by offering throughput exceeding 10,000 TPS even with just single-threaded execution.

To take the scaling and performance a step further, Nibiru plans to upgrade the network to process transactions with parallel optimistic execution, which is “targeted for release before the end of 2024,” according to Co-Founder of Nibiru, Unique Divine. This approach allows nodes to utilize extra hardware resources, pushing the boundaries on the network’s transaction handling capabilities.

Fueling Ecosystem Expansion and Enhanced Developer Experience

“Compatibility with Ethereum is a key driver for attracting liquidity and promoting ecosystem growth on Nibiru EVM. Launching a blockchain protocol is about building trust and showcasing real-world utility. Innovating and improving the EVM is a key part of our strategy,” explains Unique.

With Ethereum developers accounting for applications that make up over 90% of the total value locked (TVL) across smart contract ecosystems, Nibiru EVM significantly lowers barriers to entry and accelerates development timelines.

Nibiru EVM empowers developers with a robust, user-friendly environment that enables seamless interaction between Ethereum-based tokens and applications across multiple virtual machines. This multi-VM approach ensures fast transaction processing and a streamlined user experience.

Ethereum developers are able to deploy applications in a familiar EVM environment, reducing barriers to entry and accelerating development timelines, whilst also reaping the benefits of parallel optimistic execution and instant finality.

Nibiru in Early Innings

Since its mainnet launch in March 2024, Nibiru has supported Wasm (Web Assembly) smart contracts written in the Rust programming language. The introduction of Nibiru EVM promises developers an EVM-compatible execution environment that is both highly performant and scalable. Positioned to play a crucial role in the future of decentralized applications, Nibiru is driving innovation and setting the stage for mainstream adoption.

About Nibiru

Users can stay up-to-date on the latest news or engage with Nibiru by visiting the Community Hub. Users can find the official web application and information on user guides, block explorers, and upcoming governance and improvement proposals. 

Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, and value accrual.

Contact

PR & Media Inquiries
media@nibiru.org

HK, HK, June 5th, 2024, Chainwire

Web3 Foundation, the entity supporting the growth of the Polkadot ecosystem, has awarded a grant to PolkaPort East. The Decentralized Futures (DF) grant is designed to help further decentralize Polkadot while spearheading technical, community, and broader ecosystem adoption.

PolkaPort East is an independent entity leading investor relations and growth initiatives for Polkadot centered on Hong Kong and the Greater Bay Area. The DF grant from the Web3 Foundation is the first such award to be received by an organization working in Asia.

The grant will support PolkaPort East’s goals of leading investor relations and growth for Polkadot in the region. Its mandate also includes promoting Polkadot and its technology, and acting as a key regional driver of capital into the ecosystem.

Max Rebol, co-founder of PolkaPort East and CEO of Harbour Industrial Capital, a Polkadot-focused VC fund, said: “The launch of PolkaPort East comes at a crucial moment for Polkadot. It represents a critical step towards increasing the network’s decentralization while strengthening the ecosystem’s strategic position in Hong Kong. Thibault Perréard, also a co-founder who heads up strategy for Bifrost, a leading Polkadot parachain added: “With the support of the DF grant, PolkaPort East will be tapping into the thriving innovation hubs of Hong Kong and the Greater Bay Area while engaging and fostering relationships with local governments, global enterprises and capital allocators of the region.” 

Vincent Chan, the third co-founder of PolkaPort East who formerly led growth initiatives at Parity Technologies, explained that following the receipt of the DF grant, the initiative will seek to attract participants to the Polkadot ecosystem across Asia. These include projects and developers looking to build on Polkadot, Polkadot-native VCs, funds, and capital allocators, as well as general web3 investors. It will also target Asian university blockchain collectives and associations, fintechs seeking to enter web3, and local government exploring the use of blockchain technology.

Speaking on behalf of the Web3 Foundation, David Hawig, the Director of Ecosystem, stated “The Web3 Foundation is thrilled to support the Polkaport East initiative through a Decentralized Futures grant. This project exemplifies our commitment to fostering decentralized access and innovation within the Polkadot ecosystem. We believe Polkaport East will play a pivotal role in enhancing connectivity and empowering the community in Hong Kong, driving forward the vision of a truly decentralized internet.”

About Decentralized Futures 

The DF initiative developed by Web3 Foundation is designed to kickstart independent teams and initiative that will drive Polkadot’s success. It was established in 2023 following the restructuring of Parity Technologies which offloaded responsibilities for investor relations, growth and marketing to focus solely on technical development.

Through the DF program, funding is available for Polkadot-focused organizations that aim to generate profit, as well as for non-profits that have a strategy to secure ongoing financing through Polkadot’s onchain treasury system. An initial $20M plus 5M DOT tokens have been allocated to Decentralized Futures to expand the Polkadot ecosystem.

About PolkaPort East

Based in Hong Kong, PolkaPort East is an organization tasked with spurring adoption of the Polkadot ecosystem in Asia with a focus on Hong Kong and the Greater Bay Area. By working with different entities ranging from developers to investors, PolkaPort East will help to fuel adoption of web3 technology and onboard new users to Polkadot.

Contact

DIrector
Thibault Perréard
Polkaport East
contact@polkaporteast.xyz

Bucharest, Romania, June 4th, 2024, Chainwire

SNPad, a new Web3 platform integrating AI and blockchain for personalized TV advertising, announced the upcoming listing of its SNPAD token on Uniswap on June 4, 2024 at 12:00 UTC. The event represents a significant milestone in the project’s ambitious roadmap and will enable it to raise liquidity for SNPAD token trading.

SNPad is a groundbreaking advertising platform that seeks to revolutionize how people interact with TV commercials. Users can install SNPad as a free app on their smart TVs, replacing traditional TV channel ads with personalized advertisements from the SNPad platform. These ads start and end simultaneously as the TV channel ads, ensuring a seamless viewing experience. The displayed ads are tailored to the user’s preferences, allowing them to see the desired products. Additionally, ad viewers are rewarded with up to 70% of the ad revenue in SNPAD tokens for their attention.

SNPad features a TV app for ad display and a mobile app for profile setup and crypto wallet management. This dual-application approach provides a secure and comprehensive user experience without affecting TV viewing habits. Notably, the SNPad application runs separately from the live TV broadcast and does not alter the TV content.

The beta version of the SNPad TV app is now available, allowing LG and Samsung TV owners, as well as Android and iOS mobile users, to test it on their smart TVs and mobile devices. Their experiences and feedback are invaluable to the SNPad team in refining and enhancing the app’s features.

SNPad uses cutting-edge AI technology to detect when a TV program breaks for commercials and seamlessly replaces the original advertisement broadcast with user-personalized ads. This provides users with a bespoke viewing experience and considerable earning opportunities. For example, users can earn up to 70% of the advertiser’s reward in SNPAD tokens for each ad they watch. Moreover, the ads on SNPad have interactive features, such as QR codes, direct purchases, and other activities or information via the remote control.

The platform uses a proprietary cloud network to guarantee high availability and redundancy for its backend services. Also, the team established strategic partnerships with Interlan Internet Exchange, Limitless, University Politehnica Bucharest, Incertrans SA, and Lirapay to enhance SNPad’s reach and functionality.

SNPad caters to TV viewers as well as to small and medium businesses. The latter now have the opportunity to showcase their products and services to specifically targeted audiences. The platform enables companies to “communicate” with the customers most likely to be interested in their offers based on location, interests, and viewing habits. More importantly, they no longer waste money on unseen ads. Instead, they can track their ads’ performance on the blockchain and clearly see what they need to improve.

About SNPad

SNPad is a revolutionary Web3 project that is the first to replace traditional commercial broadcasts on cable and satellite TV channels with personalized ads. The project received the “Best Blockchain Startup” award at the Crypto Expo Europe (CEE) 2024.

The platform aims to tap into a vast and unexplored market boasting over 1.72 billion homes with TVs worldwide. Its innovative service has an enormous potential for growth and user engagement, rewarding both viewers and advertisers.

SNPad will use up to 70% of the commercial business revenue to purchase SNPAD tokens from the market and reward users. The project has already minted all SNPAD tokens and made them available on the market, with no future minting possible.

The upcoming listing of the SNPAD token on Uniswap on June 4, 2024, at 15:00 UTC, could mark a historic moment for the television advertising landscape and its imminent integration with AI, blockchain, and other Web3 technologies.

Users can follow the project and stay up to date with its development at these links: Website | X (Twitter) | Telegram |

Contact

Robert Burlacu
robert@snp.network