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  • Kadena Announces Annelise Osborne as Chief Business Officer

    Kadena Announces Annelise Osborne as Chief Business Officer

    New York, New York, April 25th, 2024, Chainwire

    Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO). With an illustrious career spanning over 20 years in finance, credit, real estate, and digital assets, Annelise will be responsible for developing and leading new business initiatives and partnerships across Web3 and beyond.

    At Kadena, Annelise’s role as Chief Business Officer is not just a new addition to the team but a strategic move to further propel Kadena’s growth within Web3 ecosystems and adoption with institutional opportunities. Her wealth of institutional experience will be instrumental in shaping Kadena’s future. 

    Osborne’s appointment is a testament to her exceptional leadership abilities and strategic acumen, honed during her tenure at Moody’s, where she spent 12 years, and her previous position as COO of Propellr. Her wealth of experience brings a unique perspective to Kadena, instilling confidence in her ability to drive the company’s growth and success. 

    Before joining Kadena, Annelise was the Head of Institutional with Arca Labs. She successfully led the team’s work with companies to drive blockchain innovation across strategic partnerships and advisory services. 

    “We are thrilled to welcome Annelise Osborne as Kadena’s Chief Business Officer. Her extensive leadership experience, years of university-level lectures, and deep involvement in both blockchain and traditional markets position her to bring continued excellence to Kadena’s business operations,” expressed Stuart Popejoy, Kadena’s CEO and Founder. 

    “As institutions search for secure and scalable blockchains to build regulated digital assets, I’m elated to join Kadena to offer the necessary technology at such a pivotal moment in time as Wall Street embraces the next frontier of finance,” said Annelise Osborne.

    Annelise’s extensive experience in financial services is complemented by her upcoming book, “From Hoodies to Suits: Innovating Digital Assets for Traditional Finance” (Wiley Publishing), set to be released this summer. This book, which delves into the intersection of digital assets and traditional finance, is a testament to her thought leadership and her ability to anticipate and navigate industry trends.

    About Kadena 

    Kadena is a blockchain technology company that was founded in 2017 by Stuart Popejoy and Will Martino, who created JP Morgan’s first blockchain and led the SEC’s Crypto Committee. Kadena is the industry’s only scalable layer-1 Proof of Work (PoW) blockchain. This scalability enables Kadena to deliver infrastructure-grade performance for any blockchain project. Along with our own smart contract language Pact, Kadena’s platform provides the world with the tools and environment to turn ideas and ambitions into reality. Kadena aims to allow for true blockchain mass adoption.

    Contact

    Kadena Press
    Kadena
    press@kadena.io

  • How to Make Thousands of Dollars from Mining — Interview with Michael Jerlis, EMCD Founder and CEO

    How to Make Thousands of Dollars from Mining — Interview with Michael Jerlis, EMCD Founder and CEO

    Michael Jerlis, EMCD founder and CEO

    The Bitcoin halving event occurred on April 20, 2024, reducing the reward for mining each block to 3.125 BTC. With that, the cost of mining doubled, surpassing the $53,000 mark. In response, miners globally are adjusting their strategies to navigate these new economic realities.

    Michael Jerlis, the leader of EMCD, the biggest mining pool in Eastern Europe and one of the top seven worldwide, believes that miners can still profit post-halving by adopting coherent strategies and collaborating. More details are disclosed below in this interview

    Michael, can you describe the current structure of the mining market and its key players?

    M.J.: Today’s mining market has evolved significantly. Cryptocurrency mining has shifted from a complex and niche activity to a well-established and lucrative industry. Regarding the market landscape, it features a number of participants, but a few mining pools stand out by controlling between 7% to 15% of the total computational power.

    Our pool, EMCD, ranks among the top seven globally. Each leading pool possesses a significant hash rate and offers varying reward percentages. Notably, EMCD provides highly competitive conditions, with payment sizes among the highest in the industry. We consistently rank in the top three for profitability and offer one of the lowest commission rates in the market—at 1.5% across all mined coins, including BTC, BCH, DOGE, DASH, and others.

    Michael, what changes have occurred in the mining market following the halving, and what should miners understand about the new environment?

    M.J.: The recent halving has cut the mining rewards in half. Previously, miners earned 6.25 BTC for each block mined; now, they receive only 3.125 BTC. Concurrently, the expenses associated with mining, such as electricity, equipment, firmware, and other essential components, have doubled.

    However, there’s an increasing interest in mining from major investors. Since the start of the year, the stock prices of mining companies have been rising, with an average monthly increase of 5-8%. This trend suggests that large investment funds and corporations are acquiring stakes in mining pools and data centers, anticipating a significant surge in Bitcoin’s value post-halving and over the coming years. Prominent firms like J.P. Morgan have projected that the price of BTC could reach $100,000 by year’s end. Should this occur, mining could yield millions of dollars in monthly profits.

    Will halving benefit institutional and corporate investors?

    M.J.: Should Bitcoin increase in value as anticipated, reaching $100,000 per coin, the benefits would extend across the board. Miners would compensate for the reduction in block rewards through the rising price of Bitcoin, long-term retail investors holding onto their coins in expectation of growth would see significant gains, and large investors would profit from the appreciation of the shares in the companies they have stakes in.

    How can miners earn income just from holding assets? Isn’t that what would be true for investors?

    M.J.: Certainly. While staking and savings accounts were initially designed for investors, other market players, including mining pools, have adopted these strategies. For instance, we’ve introduced Coinhold, allowing our pool members to automatically transfer their mining rewards into a savings account, earning up to 8% annually on their mined coins.

    Additionally, our users can deposit non-mining coins such as USDT and USDC stablecoins into these accounts. The interest rates for these deposits can vary; for USDT, rates are up to 14% per annum for a fixed account and up to 10% for a flexible one. Thus, miners benefit twice: once from mining rewards and again from holding their coins.

    Furthermore, clients can withdraw their funds whenever it suits them. Withdrawals are processed within 24 hours of the request, during which our security team verifies all details to prevent unauthorized transactions.

    Let’s jump a bit on unauthorized activities, how secure is it to keep funds with EMCD given the frequent reports of cryptocurrency thefts and hacks?

    M.J.: Security is indeed a major concern across the entire market. However, I want to clarify that EMCD has never been compromised by any hacks throughout our operational history. We ensure the safe storage of user funds and continually enhance our system’s security.

    Great to hear that. Considering the potential for Bitcoin’s value to rise, your plans sound promising. But what should miners do if the price of Bitcoin fails to increase or, worse, drops significantly?

    M.J.: That’s a valid concern. Should Bitcoin’s value fall, miners would need to adjust their strategies accordingly. One approach could be to mine alternative cryptocurrencies, such as Dash or Kaspa, alongside Bitcoin. Additionally, I strongly suggest leveraging savings accounts as another means to accrue profits. These accounts can help miners increase their earnings in Bitcoin or other currencies while they continue mining for new blocks.

    How should one go about selecting a mining pool? What are the key factors to consider?

    M.J.: Primarily, you should focus on profitability, as the main objective of mining is to generate earnings. It’s also crucial to thoroughly examine the terms offered by different mining pools, such as the effectiveness of their support services, the security measures for user funds, and the frequency of reward payouts, among other considerations.

    Additionally, the transparency of both the company and its founders is vital. If a team or company prefers to remain anonymous, that should raise concerns. It’s important to stay informed about the market by regularly reading news and gaining a deeper understanding of industry trends. This knowledge is invaluable for anyone involved in mining.

  • Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC

    Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC

    Paris, France, April 25th, 2024, Chainwire

    • Prize pool of over 1M€ value including media grant from Cointelegraph
    • Proof of Pitch is part of Proof of Talk, where All Global Leaders in Web3 Meet  
    • 10-11 June 2024, Museum of Decorative Arts (MAD), Louvre Palace, Paris

    In a ground-breaking shift from traditional pitch competitions, Proof of Pitch emerges as a transformative platform uniquely combining Artificial Intelligence (AI) insights with the strategic acumen of the world’s leading Web3 venture capitalists. Proof of Pitch participants will showcase their presentation to an exclusive audience of speakers and VCs, including CEOs, founders of leading blockchain companies, and top Web3 VC partners.

    Next to the competition’s main sponsor zkSync, distinguished partners and jurors are participating, including Pantera Capital, Borderless Capital, Binance Labs, Greenfield Capital, Arrington Capital, Animoca Brands, Spartan Group, X Ventures, Mechanism Capital and Cointelegraph.

    The Proof of Pitch winner will be awarded a first-place grand prize award of 1M€ value in a combination of cash investments by participating VCs, Accelerator services, visibility (such as a 30k media grant from Cointelegraph), and many other value-adding elements.

    All participants will also receive a detailed 12-page investment report to understand the strengths and weaknesses of their pitch, outlining strengths to focus on and weaknesses to improve. This is equivalent to a team of analysts spending weeks analyzing the participant’s startup.

    Zohair Dehnadi, Co-Founder, Proof of Talk and Partner, X-Ventures: “Unlike conventional pitch competitions, Proof of Pitch enables global businesses and leadership to intelligently tap into the power of Web3, providing valuable and sustainable insights for investors and the startup community at large instead of having just another light-touch startup competition with glittering prizes which ultimately do not add any real business value. Be part of our prestigious Proof of Pitch experience and elevate yourself! See you in June!”

    Revolutionizing Startup Evaluation: The AI Advantage

    At the heart of Proof of Pitch, a pioneering AI-driven tool is redefining startup assessments, providing deep, nuanced insights at an unprecedented pace. Developed by XVentures through a rigorous, year-long collaboration involving top VCs and data scientists, this AI, known as Pitch Scan LLM tool, can scrutinize a start-up’s business model, conducting thorough due diligence, and evaluate the team behind the idea, market size, and competitive landscape—within minutes rather than weeks. Every participant will be furnished with a detailed 10-page report, with a strategic roadmap for success in the ever-evolving Web3 domain.

    Beyond Funding: Prizes That Foster Growth

    This initiative is a revolutionary approach aimed at identifying, nurturing, and elevating start-ups set to redefine the innovative horizons of Web3. Winning at Proof of Pitch extends well beyond obtaining financial support. Winners are embraced by a full spectrum of resources, from AI-powered analytics to mentorship by Web3 visionaries, alongside direct introductions to leading venture capitalists. This holistic support system is designed to refine strategies, accelerate growth, and establish market leadership.

    Unprecedented Visibility Among the Elite

    Gain exclusive exposure by standing among the top 10% of applicants, showcased to a distinguished audience including CEOs, founders of leading blockchain enterprises, and top-tier Web3 venture capitalists. This exposure is more than mere visibility—it’s a golden ticket to captivate the attention of the industry’s elite, secure pivotal investments, and forge transformative connections.

    A Vanguard Call to Web3 Innovators

    Proof of Pitch calls upon start-ups at the cutting edge of Web3 innovation to dazzle the industry’s titans, venture through the vanguard of technology, and stake a claim in the digital future. This unparalleled opportunity allows participants to showcase their visionary ideas, propel their start-ups forward, and create a lasting impact in the domain of digital innovation.

    Proof of Pitch invites those who are interested to dive into this revolutionary journey, an avenue for transcending traditional pitch norms. Navigate through the forefront of Web3 innovation.

    Proof of Talk seeks to welcome over 2500 participants. Combined with a stellar speaker line-up featuring CEOs, founders, and leaders of the Web3 and digital assets industry, the summit features impact-focused networking and a refined agenda. A few of the speakers include:

    ● Joseph Lubin, CEO and Founder at Consensys

    ● Jenny Johnson, CEO, Franklin Templeton

    ● Tim Draper, Founder, Draper Associates

    ● Ophelia Snyder, Cofounder President, 21Shares

    ● Mihailo Bjelic, Co-Founder, Polygon

    ● Raoul Pal, Crypto Macro Economist

    ● Yat Siu, Chairman, Animoca Brands

    ● Stani Kulechov, CEO, Avara

    ● Staci Warden, CEO, Algorand Foundation

    ● Tim Grant, CEO, Deus X Capital

    ● Digital asset leads from over 30 major TradFi banks

    ● Partners from 100+ attending VCs

    The summit’s agenda also actively reflects Web3’s growing importance, with over 20 panels, 10+ workshops, and over a dozen keynotes and firesides on key topics shaping Web3’s future. These include real-world asset tokenization, AI-blockchain integration, gaming evolution, and smart contract security.

    Participants in this year’s Proof of Pitch can showcase their innovative ideas and gain valuable exposure. Participants have the opportunity to connect with industry experts and potential investors who can help elevate their businesses to the next level. Those who are interested can apply here.

    About Proof of Talk

    Proof of Talk is setting a new standard in the Web3 conference landscape, positioning itself not just as another web3 conference but as a pivotal forum where the promise of decentralization comes to life. The summit uniquely combines the essence of traditional economic forums with the dynamic, decentralized Web3 community, fostering an innovative ecosystem of dialogue and action. It stands as a platform for change, where every voice, from the seasoned economist to the radical Web3 founder, contributes to a collective vision of a decentralized economic future. By facilitating engaging discussions and unparalleled networking, participants shape this new landscape. Learn more at www.proofoftalk.io

    About X Ventures

    X Ventures is a Germany-based digital assets investment fund dedicated to supporting and empowering entrepreneurs in the Web3 industry. Alongside its investment activities, X Ventures founded www.xschool.io, aiming to provide accessible education to future leaders worldwide. Website: https://www.xventures.de

    Contact

    Shanna Molina
    Cognito
    shanna.molina@cognitomedia.nl

  • A New Dawn: Leading Web3 Data Infrastructure Provider Syntropy Rebrands To Synternet

    A New Dawn: Leading Web3 Data Infrastructure Provider Syntropy Rebrands To Synternet

    Gibraltar, Gibraltar, April 24th, 2024, Chainwire

    In a move that underscores its evolution and reiterates a commitment to powering the future of Web3, Syntropy has today announced that it is rebranding to Synternet. 

    The change will be reflected not only in a visual transformation, with a refreshed logo, color palette, and website design, but also through deeper alignment with the advanced technology developments happening behind the scenes.

    By aligning the platform’s outward identity with its technological advancements and strategic vision, Synternet positions itself as a bonafide Layer-1 blockchain that powers data infrastructure vital for a unified, composable Web3 landscape. 

    “Synternet isn’t just a rebrand; it’s a declaration of our bold vision for the future of blockchain,” said Daniel Haudenschild, CEO of Synternet. “By providing the data infrastructure for Web3, we’re laying the foundation for a more open, interoperable, and innovative decentralized web.”

    CTO Jonas Simanavicius echoed these comments, adding: “Our engineering team has been heads down building the technology to make the Synternet vision a reality. We couldn’t be more excited to invite the world to build and scale their dApps on our network in the coming months.”

    Importantly, the transition from Syntropy to Synternet will not affect the $NOIA token held by users, which remain operational on the Ethereum network without requiring any action from token holders for now.

    Following the rebrand, Synternet promises several key developments in the months ahead, which form part of the Monaco phase of its 2024 Q2 roadmap. These include:

    • The launch of the Synternet Blockchain on mainnet, establishing a robust infrastructure for real-time, cross-chain data streams.
    • The introduction of a fully operational token bridge between Ethereum and Cosmos, facilitating seamless value transfers.
    • Significant enhancements to improve the publisher and developer experience, simplifying participation and innovation on the network.

    Syntropy was initially founded to transform how data moved across the internet by utilizing blockchain technology. As the Web3 ecosystem evolved, the need for interconnected blockchains gradually became apparent. Synternet is the culmination of this evolution, and with the arrival of mainnet, its transformation into a powerful Layer-1 project that links isolated chains into a synchronized, interoperable network that powers the data economy is complete.

    To this point, the Web3 Data Layer has built a talented team of 50+ Web3 professionals while its community has grown to almost 100,000 members across various social media platforms. Over 16,500 token-holders also support its vision and leading blockchain-focused VCs have pledged $10 million in funding.

    About Synternet:

    Synternet is a blockchain that powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between blockchains. Its AEAs (Autonomous Economic Agents) empower developers to build composable, use-case-specific applications that can execute on any data from any chain. Synternet has secured the backing of prominent Web3 investors, including Polygon Ventures, CMCC, Faculty Group, Moonrock Capital, HV Capital, and many others.

    To learn more about Synternet: website | Twitter | Docs 

    Contact

    Marketing Manager
    Emilis Klybas
    emilis@syntropynet.com

  • Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

    Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

    Dubai, United Arab Emirates, April 24th, 2024, Chainwire

    “Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption.

    Bandit Network, a leading provider of White-Labelled Quest solutions with Points SDK, proudly announces its collaboration with Astar Network to power the ongoing “Yoki Origins” journey. Launched on March 8th, this innovative user onboarding journey coincides with the mainnet release of Astar zkEVM, a Layer 2 scaling solution for Ethereum. This collaboration represents a significant milestone in the evolution of Web3 infrastructure.

    Astar zkEVM, leveraging Ethereum’s security and the Polygon CDK (Chain Development Kit), offers a secure and scalable platform for Web3 projects and enterprises. As the inaugural zero-knowledge EVM chain, Astar zkEVM unlocks access to Ethereum’s extensive developer resources and industry-standard infrastructure providers.

    Image Description: Yoki Origins Capsule Machine or Yo-Port powered by Bandit Network.

    The “Yoki Origins” journey, powered by Bandit Network’s White-Labelled Quest solutions with Points SDK promoted by Brave Ads, introduces users to the world of Astar zkEVM through interactive experiences inspired by Japanese Yokais. Participants engage with Capsule Machines, or “Yo-Ports,” to collect Yokis and artistic creations, fostering engagement and loyalty within the Astar ecosystem.

    “Bandit Network is thrilled to collaborate with Astar Network on the ‘Yoki Origins’ journey,” said Sandesh B Suvarna, Founder of Bandit Network. “Our White-Labelled Quest solutions with Points SDK, along with promotion through Brave, provide a seamless and engaging experience for users, allowing them to immerse themselves in the Astar ecosystem while celebrating Japanese culture and heritage.”

    Maarten Henskens, Head of Astar Network, commented, “Bandit Network’s platform with Brave Ads has been instrumental in bringing the ‘Yoki Origins’ journey to life. This collaboration underscores our commitment to delivering innovative and engaging experiences to our community as we continue to expand the capabilities of Astar zkEVM.”

    Image Description: Brave Ads for Yoki Origins powered by Bandit Network on Brave Browser.

    Luke Mulks, VP of Business Operations at Brave, highlights the integral role of Bandit Network’s solutions in partnership with Brave Ads, “We’re excited for Brave Ads to be collaborating with Bandit Network’s White-Labelled Quest solutions to bring awareness and growth for the Astar ecosystem. With collaborations like ‘Yoki Origins’, Brave Ads demonstrates the ability to use Quests as a growth accelerator.

    Brave Ads campaigns will elevate Quests beyond airdrop farmers, introducing Quests to millions of Brave Rewards users. In addition to earning BAT with their attention, Brave Rewards users will now be able to earn even more by participating in Quests through Astar and other participating Bandit Network partners advertising with Brave Ads.”

    Brave offers Web3 promotional opportunities through Brave Ads for advertisers that pay with BAT for their campaigns, facilitating growth and adoption within the broader Web3 ecosystem. 

    Image Description: Yoki Origins – Japan Airlines Hakuhodo Yo-Port powered by Bandit Network.

    The “Yoki Origins” journey invites users to explore Astar zkEVM’s unique characters, participate in quests, and collect digital collectibles. Through interactive Capsule Machines, participants can obtain Yokis and artistic creations contributed by various artists, enterprises, and builders. The user journey aims to foster accessibility for individuals unfamiliar with Web3, incorporating social logins and credit card payments.

    Astar Network serves as a conduit for projects spanning enterprise, entertainment, and gaming to enter the Japanese market and beyond. By propelling global adoption of Web3, Astar aims to build an ecosystem fueled by both Polkadot and Polygon, positioning itself as a leading blockchain for the Japanese market.

    For more information about Bandit Network and the “Yoki Origins” journey, visit https://yoki.astar.network/en.

    About Bandit Network:

    Bandit Network is a leading provider of White-Labelled Quest solutions with Points SDK, offering a no-code platform for engaging and interactive experiences. With a focus on fostering user engagement and loyalty, Bandit Network empowers organisations to create immersive campaigns and events across various industries.

    Media Contact:

    Name: Sandesh B Suvarna

    Designation: Founder

    Company: Bandit Network

    Email: sandesh@bandit.network

    LinkedIn: https://www.linkedin.com/in/sandeshbsuvarna/

    Twitter: https://twitter.com/sandeshsuvarna

    Telegram: https://t.me/SandeshBSuvarna

    Name: Luke Mulks

    Designation: VP – Business Operations

    Company: Brave

    Email: press@brave.com

    Twitter: https://twitter.com/lukemulks

    Twitter: https://twitter.com/brave

    Advertisers: https://ads.brave.com/

  • $HPLT is Hitting Its Presale Round Target of Almost $1.5 Million

    $HPLT is Hitting Its Presale Round Target of Almost $1.5 Million

    Nicosia, Cyprus, April 24, 2024— Shortly after the launch of a presale round for $HLT, Hypeloot’s official token, the crypto casino and custom games platform, nearly achieved its target. 

    The announcement of this significant milestone and the opportunity to secure a portion of $HLT before the round concludes was shared on Hypeloot’s official X (Twitter) page.

    Hypeloot’s $HLT Presale Round Nears Completion

    Hypeloot, a leading platform in the crypto casino and custom games industry, is approaching a major milestone with its ongoing $HLT presale round. 

    Since its launch, this presale initiative has gained significant momentum, bringing Hypeloot closer to its target of $1.5 million.

    In a recent announcement on Hypeloot’s official X (Twitter) page, the platform disclosed that the presale round is nearing its end. This news underscores Hypeloot’s growing prominence in the cryptocurrency community.

    The demand for $HPLT tokens is high, with investors eager to secure their share in this promising venture. The fast pace of sales reflects widespread interest and confidence in the Hypeloot platform and its potential for growth.

    As the presale round approaches its conclusion, interested participants are encouraged to act swiftly to acquire $HLT tokens before the opportunity closes. 

    Currently, Hypeloot has approximately $125,605 left to raise, having already secured about $1,374,395 of its $1.5 million target.

    With Hypeloot’s innovative gaming approach and increasing interest in its official token, this presale round presents a unique chance for investors to join Hypeloot’s success journey.

    How Has $HPLT Already Attracted So Many Investors?

    In the competitive cryptocurrency industry, $HPLT has attracted significant investors’ attention based on three key aspects of the $HPLT token: the utility of the token, Hypes NFTs, and their weekly NFT competition.

    So, when it comes to investing in $HPLT, every early adopter has the following benefits:

    • Profit Sharing – Investors in $HPLT receive a share of profits generated by Hypeloot.com, the casino platform. This provides a reliable source of passive income for all token holders.
    • Unique Token Mechanics – Hypeloot’s token offers some of the most rewarding mechanics and features in the industry. These innovative aspects enhance the value proposition for investors, increasing the potential for growth and returns.
    • Exclusive NFT Collection – Presale contributors gain access to Hypeloot’s exclusive NFT collection, known as “Hypes.” These NFTs offer unique and rewarding features and can be (or will in the future) bought, traded, and sold on Hypeloot.com and popular marketplaces like OpenSea.
    • Growing Ecosystem – Hypeloot.com is committed to developing a comprehensive ecosystem that includes both popular casino games and new, innovative game modes. This diversity ensures an engaging experience for users and contributes to the platform’s long-term sustainability and growth.
    • Artificial Intelligence Integration – Through the integration of Artificial Intelligence (AI), Hypeloot.com delivers an optimized user experience. AI technology enhances gameplay and interaction, providing users with the best possible gaming experience.

    How to Buy $HPLT Token?

    If you’re interested in getting involved with Hypeloot, here’s a step-by-step guide on how to buy $HPLT:

    1. Visit the Hypeloot Presale Website – Head over to the Hypeloot presale website. 
    2. Click on “Buy HPLT Now” – Look for a button labeled “Buy HPLT Now” or something similar. This will initiate the purchase process.
    3. Enter Your Purchase Amount – Specify how much money you want to spend on $HPLT tokens.
    4. Choose Your Network – Hypeloot might offer different purchase options through various blockchain networks. Ethereum (ETH) and Binance Coin (BNB) are the most common choices. Select your preferred network based on your wallet and gas fee preferences.
    5. Connect Your Crypto Wallet – Connect your crypto wallet to the Hypeloot presale platform.
    6. Confirm the Transaction – A confirmation screen will likely appear once your wallet is connected. Double-check the purchase details, including the amount, network, and gas fees. Confirm the transaction on your wallet app to complete the purchase.

    Also, remember to ensure that you have enough ETH or BNB in your wallet to cover the $HPLT purchase and any gas fees associated with the transaction.

    Moreover, when using Tether (USDT) or USD Coin (USDC), you might encounter a two-step approval process. This involves approving the transaction first and then sending the funds separately.

    About Hypeloot

    Established in 2022, Hypeloot has already handled over 56 million bets from more than 160,000 users, making waves in online gambling. Positioned as a game-changer in the cryptocurrency industry, Hypeloot is set to transform the online casino industry. But Hypeloot is more than just another casino platform.

    At its core, Hypeloot redefines the online experience, serving as a dynamic “Shoptainment Platform” where users can explore a wide range of offerings. From purchasing Mystery Boxes online to discovering top-notch products in the market, Hypeloot offers a unique blend of shopping and entertainment. With the added convenience of home delivery, Hypeloot simplifies the online shopping experience.

    Each Mystery Box on Hypeloot contains an array of authentic items, promising excitement and value with every purchase. This innovative approach ensures that users are consistently engaged and rewarded.

    In an industry where innovation is key, Hypeloot distinguishes itself as a leader in creativity and user experience. By seamlessly integrating entertainment and shopping, Hypeloot sets a new standard for online platforms.

    Learn More

    For more information about Hypeloot, its current presale phase, and the upcoming updates and announcements, you can frequently visit their official website and follow them on social media platforms, such as X (Twitter), Instagram, and Telegram.

    Contact email:
    contact@hypeloot.com

    Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.

  • Hype vs. Substance: How to Make Your NFT Project Stand Out

    Hype vs. Substance: How to Make Your NFT Project Stand Out

    Non-Fungible Tokens NFTs

    The NFT market exploded in 2021, with sales volume surging to over $25 billion as speculative crypto wealth, pandemic boredom and hype-fueled mania sent jpeg prices through the roof. However, 2022 brought a rude awakening as the crypto market crashed, buyers pulled back and sales for many projects dried up – exposing shoddy foundations built mainly on hype.

    Now in 2024, following a period of consolidation, a cautious NFT resurgence seems to be on the cards. But investors today are older, wiser and far more discerning compared to the feverish “noobs” of last cycle. Having been burned all too recently, people are now looking for long-term sustainability, real-world utility, and projects with fundamentals beyond mere short-term speculation.

    The days of cheap hype and cynical cash grabs are over – projects peddling such schemes today will face immediate community backlash and rejection. The breakout NFT projects in this next wave will be the ones offering substance and value that can stand the test of time. So how do you make sure your NFT launch has that winning combination?

    Focus on Strong Art and Design

    At its core, an NFT derives fundamental value from the underlying art, music, collectible or whatever creative work it holds. Trying to hype up something with weak artistic quality is doomed to fail in the long run. Invest in excellent visual artists and designers to create visually stunning NFTs that people truly want to acquire and show off. Uniqueness, stylistic consistency, thoughtful themes, and interesting stories behind the NFTs are artistic dimensions that make them pop.

    Create an NFT Press Release

    Once you have developed initial artwork and roadmap details for your collection, creating an official NFT press release can help drive credibility and visibility. Submit it to leading NFT and crypto publications, get it picked up by press release distribution services, and publish it prominently on your project website and social channels. 

    The press release should outline key details like what makes your NFTs unique, founder bios, confirmed partners, launch timing, and access details for media inquiries. Having a polished press release that clearly sells your vision to journalists and potential fans establishes that you have put serious thought into introducing your project professionally.

    Build a Community, Not Just Hype

    Many NFT drops try to drum up temporary hype and FOMO by using influencer promotions and giveaways alone without nurturing a genuine, engaged community. To give your project staying power, focus on attracting and cultivating a community of superfans who connect with the art and vision for the long haul. Not only will they become buyers and supporters, but they can help evangelize and spread authentic enthusiasm in a way that hype alone cannot replicate.

    Add True Utility and Benefits

    While strong artwork and design gives your NFTs inherent value, you can augment that through added utility features and benefits for NFT holders. For example, metaverse, PFP and gaming NFT projects offer various in-world powers, privileges and access unlocked by holding the NFT. Music NFTs can come with direct artist engagement or VIP real-world experiences. 

    Or NFT holders can be granted exclusive membership, voting rights or commercial opportunities only for owners. When you essentially turn your NFTs into “keys” that unlock meaningful value, you create exciting incentives for engagement far beyond hype.

    Commit to Your Roadmap

    In the crypto-native world, dropping an unbacked collection of profile pic NFTs with a generic website and the mere promise of future developments will no longer cut it. Logan Paul’s CryptoZoo put the final nail in that coffin. 

    Serious projects need to show their commitment by publicly disclosing a multi-phase roadmap for how the founders plan to systematically expand the capabilities, integrations, benefits and long-term vision of the ecosystem over the next 1-2+ years. Not only does this signal dedication, but it gives buyers clarity on how their prospects may appreciate over time.

    Incorporate Mechanisms for Scarcity

    While artificially limiting supply through things like ridiculously small mints can seem gimmicky, when done right, scarcity mechanisms like mint passes, randomized mints and burning/staking functions can greatly reinforce demand by introducing an element of unpredictability, luck and increasing competition for a finite number of “spots.” Allowing your early adopters to tier into different phases of scarcity rewards them while creating pressure on newer entrants to jump in.

    Partner With Established Players

    You may have an awesome idea for an NFT collection with amazing art. But are people going to trust that you have the credibility, connections and track record to successfully execute? Give your project a huge boost in legitimacy by partnering with established crypto/NFT ecosystem leaders like marketplaces, investment funds, influencer networks and cross-brand initiatives. Their stamp of approval signals that serious industry players have vetted and believe in what you are building.

    Final Word

    In the fast-moving world of NFTs, a hot project emerging today can easily flame out by tomorrow. Sustainability and longevity come not from hype alone, but from understanding the key ingredients of delivering real, lasting value at multiple levels. Focus on these substantial elements in your launch strategy and community-building approach to give your NFTs their best shot at standing out with substance that will convert hype into opportunity.

  • Base Chain Welcomes Inaugural Meme Coin Launchpad: A Beacon Against Scams and Rug Pulls

    Base Chain Welcomes Inaugural Meme Coin Launchpad: A Beacon Against Scams and Rug Pulls

    Victoria, Seychelles, April 24th, 2024, Chainwire

    FOMO BULL CLUB, a decentralized, community-driven platform, is thrilled to announce the launch of its inaugural meme coin launchpad on the Base blockchain. This pioneering platform empowers the community to play a pivotal role in meme coin creation, launch, and protection from scams and rug pulls. 

    With the meme coin market experiencing unprecedented growth, rising scams, and rug pulls, FOMO BULL CLUB recognized the urgent need for a reliable launchpad that prioritizes community safety while fostering meme coin innovation. The launchpad is meticulously designed to encourage creativity, enable democratic decision-making, and safeguard against fraudulent activities.

    In its first phase, the launchpad introduces eight exciting meme coins, each with unique characteristics and potential to disrupt the meme coin landscape. However, the real power lies with its launchpad members, who can vote on which meme coins will be launched, ensuring that community preferences dictate the selection process.

    FOMO BULL CLUB’s commitment to community protection is not just a statement; it’s evident in every aspect of the launchpad. Smart contracts undergo auditing, and ownership is renounced to eliminate the risk of rug pulls. Additionally, the decentralized nature of the launchpad minimizes the influence of gatekeepers, ensuring fair and transparent meme coin launches.

    “We are excited to introduce the FOMO BULL CLUB meme coin launchpad and empower our community to shape the future of meme coins,” said Jordan Charters, Head of Business Development of FOMO BULL CLUB. “With our decentralized approach and focus on community protection, we aim to revolutionize the meme coin space and foster innovation and creativity.”

    Visit https://fomobull.club to learn more.

    Contact

    FOMO BULL CLUB
    fomobullclub@gmail.com

  • Unveiling the KARRAT Protocol: Pioneering the Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond

    Unveiling the KARRAT Protocol: Pioneering the Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond

    Camana Bay, Cayman Islands, April 22nd, 2024, Chainwire

    The KARRAT Foundation is pleased to announce the launch of the KARRAT Protocol, which supports transformative AI and innovations in gaming and entertainment industries: from real-time animation content for the streaming industry and emerging products for retail, telecom, education and wherever imagination takes the community in the future. 

    $KARRAT is the governance token of the KARRAT Protocol. Using $KARRAT, the community will determine how the KARRAT Protocol is integrated into games and products, empowering the community of players and consumers, much more than traditional entertainment titles have.

    My Pet Hooligan is the first gaming title to integrate the KARRAT Protocol and $KARRAT

    My Pet Hooligan is the first launch title for the KARRAT Protocol. The flagship IP of AMGI Studios. The My Pet Hooligan game features cutting-edge motion capture tech, AI-driven conversational non-playing characters, real-time face-driven animation in the game, and, using the KARRAT Protocol, allows players to embody an NFT in-game. My Pet Hooligan won Best Action Game at the GAM3S.GG awards in December 2023.

    $KARRAT empowers community decision-making over the KARRAT Protocol.

    Central to the ethos of the KARRAT Protocol is the concept of empowered community decision-making. Traditional gaming and entertainment industries have long operated within closed-off silos, leaving communities without a voice in crucial decisions. KARRAT shatters this paradigm, with cutting-edge, on-chain governance.

    With KARRAT Protocol, the community takes center stage, with a governance model that fosters inclusivity, transparency, and active participation powered by $KARRAT.

    Airdrop Claim for My Pet Hooligan NFT Holders.

    Holders of My Pet Hooligan NFTs are eligible for a $KARRAT claim. Claims can be made on the KARRAT website.

    $KARRAT is now available on Coinbase, Gate and KuCoin.

    About KARRAT FOUNDATION

    The KARRAT Protocol is a decentralized gaming infrastructure layer, supported by $KARRAT and empowered by a truly decentralized community with a shared vision embracing gaming, entertainment and AI products catering for the new era.

    About AMGI Studios

    AMGI Studios is an independent gaming and animation technology company that lives at the intersection of gaming, animated AI technology and storytelling. The studio develops and produces traditional entertainment IP, and gaming properties through the use of its proprietary technology, AI integration and innovations in real-time animation. With a high-caliber creative team composed of artists and creators from studios such as Pixar, Disney and Industrial Light & Magic (ILM), AMGI Studios aims to be the bridge between Hollywood and the global gaming community. AMGI’s vision is simple — to empower dreamers and doers to make groundbreaking content by merging artistry and technology.

    Contact

    Director
    Matt Shaw
    Karrat Foundation
    tyler@karratcoin.com