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  • BitVM-Based Bitlayer, a Leading Bitcoin L2, Nets $5M in Funding, Unveils $50M ‘Ready Player One’ Program

    BitVM-Based Bitlayer, a Leading Bitcoin L2, Nets $5M in Funding, Unveils $50M ‘Ready Player One’ Program

    Singapore, Singapore, April 3rd, 2024, Chainwire

    Bitlayer Labs, the first Bitcoin Layer 2 solution based on BitVM, announced a seed round of $5M led by Framework Ventures and ABCDE Capital, participation by StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital and many more. The announcement comes as Bitlayer prepares the launch of its open-incentive program Ready Player One, inviting developers worldwide to augment, enhance, and build on the protocol.

    Bitlayer Labs, the developer of Bitcoin Layer 2 protocol Bitlayer, announced today the close of a $5 million seed funding round at an $80 million valuation, driving a vision to become the computation layer of Bitcoin.

    Investors & Ecosystem Partners

    Blockchain-based venture firms Framework Ventures and ABCDE Capital led the round, with participation from StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic Capital, Kestrel, Global Coin Research, Pivot Global, and Web3Port. Many other incredible investors added value to the seed round.

    Prominent angel investors including Messari CEO Ryan Selkis, Messari co-founder Dan McArdle, Asymmetric Capital founder Dan Held, Hacken CEO Dyma, Sky Mavis CEO Trung and CTO Andy, and Kyber Network founder Loi Luu, among others, joined in capitalizing the round.

    Bitlayer’s seed round was delivered soaring value-add support from ecosystem partners including Hacken, AWS Cloud, Ankr, Polyhedra, Babylon, Particle Network, Meson, Nubit, BitSmiley, TokenPocket, Xverse, Flash Protocol, Umoja.xyz, RunesTerminal, and more.

    The Bitlayer Network

    Bitlayer is the first Bitcoin Layer 2 network based on BitVM, offering Bitcoin-equivalent security and Turing completeness. The protocol aims to build a more scalable and interconnected Bitcoin ecosystem.

    The securing of new capital pushes Bitlayer’s lead in paving the way for more Bitcoin Layer 2 use cases, a race that will propel Bitcoin to prevail over other blockchains in size, scalability, and security. The fund will also enable Bitlayer to grow its team by hiring across business development and engineering faculties to support global expansion efforts.

    Investment firms are increasingly optimistic about the Bitcoin ecosystem as Bitlayer is rapidly gaining prominence, capturing the industry’s attention.

    Investor Remarks

    Roy Learner, partner at Framework Ventures, spoke on the augmentation of Bitlayer with BitVM: “We are excited to back Bitlayer as they launch the first Bitcoin Layer 2 network based on BitVM. Looking at the trade-off space, BitVM struck us as the most practical approach to bring scalability and expressiveness into the BTC ecosystem without sacrificing security. With over $1T of global wealth looking to productively utilize their BTC, Bitlayer opens up the design space to introduce novel DeFi use cases and applications. Led by a team of OGs, we’ve been impressed by Kevin and Charlie’s blend of deep technical background and rich crypto experience and are excited to partner with them as they deliver on their vision of making Bitcoin a more productive asset.” 

    Qiao Wang, co-founder of Alliance DAO, emphasized the future of Bitlayer and Bitcoin L2s in the emerging era: “I spent the vast majority of my intellectual, social, and financial capital in the Ethereum ecosystem in the last decade, but deep down I’ve always been a Bitcoiner. The possibility to enhance Bitcoin’s expressiveness and scalability via L2s such as Bitlayer is the most exciting moment in the history of Bitcoin. That is because there’s over $1T of wealth stored on Bitcoin, and the holders would want to do something productive with it. Greater expressiveness and scalability enable this. Bitlayer is one of the most experienced, passionate, and technically capable teams to tackle this problem.”

    In the midst of building Bitlayer, co-founder Charlie Hu shared his thoughts on the protocol’s milestone: “This support signifies investors’ and builders’ trust in Bitlayer and the team, and demonstrates a robust backing for the Bitcoin ecosystem and the future of Bitcoin DeFi at large.” 

    Bitlayer ventures into the future of Bitcoin with newly supplied capital, anticipating a rush of development activity and investor interest in the Bitcoin Layer 2 space.

    “Bitlayer is dedicated to bringing super scalability into the Bitcoin ecosystem, with hundreds of millions of potential users as an addressable market,” said Kevin He, co-founder of Bitlayer. “We’ve created the best, easiest-to-use scalability product in order to give users better fee rates and faster actions, all based on Bitcoin’s security foundation.”

    With the approach of the Bitcoin halving event, the need for a robust Bitcoin ecosystem becomes more important than ever. Bitlayer’s exacting design and rigorous security auditing in preparation for public mainnet launch primes the protocol for a flourishing builder ecosystem. Mainnet launches on April 5th, with more milestones arriving soon on the project’s development pipeline.

    Ready Player One– Ecosystem Incentive Program

    To accelerate ecosystem development and incentivize projects to deploy on the Bitlayer mainnet, Bitlayer is launching a series of ecosystem incentive programs– starting with the first event, Ready Player One.

    The campaign is an open incentive program designed to distribute token rewards valued at over $50M to protocols and teams that deploy to the Bitlayer mainnet and demonstrate exceptional performance. Bitlayer’s growth is accelerating, urging strong projects to join its ecosystem to grow the protocol in exponential ways.

    Bitlayer commits to providing comprehensive ecosystem support for all projects, offering the following resources to builders:

    • Potential investment from the foundation and institutions
    • Initial liquidity support
    • Comprehensive product development resources
    • Mentorship and pitch opportunities from top-tier incubators
    • Support from the Bitcoin community and OGs
    • Ecosystem collaboration and co-creation

    Users can find the full article here for more information.

    About Bitlayer

    Bitlayer is the first Bitcoin Layer 2 network based on BitVM, offering Bitcoin-equivalent security and Turing-completeness. Bitlayer is committed to becoming the computation layer for Bitcoin. It introduces ultra-scalability and inherits Bitcoin’s L1 security, providing users with high throughput and a low-cost transaction experience.

    More on Bitlayer:

    Website | Twitter | Discord | Medium | Github

    Contact

    Digital Marketing Manager
    Sky Harris
    Bitlayer
    skyler@bitlayer.org

  • Avail Partners With dWallet Network To Introduce Native Bitcoin Rollups to Web3

    Avail Partners With dWallet Network To Introduce Native Bitcoin Rollups to Web3

    Dubai, United Arab Emirates, April 2nd, 2024, Chainwire

    Following the integration, users will be able to natively manage their BTC on any rollup in the Avail ecosystem without relinquishing control over their digital assets

    Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA) for highly scalable and customizable applications, has partnered with dWallet Network, a pioneering non-collusive, decentralized multi-chain layer, to bring programmable native Bitcoin to rollups in the Avail ecosystem.

    Leveraging the newly unveiled dWallet primitive, smart contracts using rollups built on Avail DA will be able to programmatically manage native BTC for the first time while preserving user ownership. This marks a paradigm shift from emerging Bitcoin L2 solutions that predominantly rely on collusive and often risky cross-chain solutions, such as bridges, where the user must sacrifice ownership of their BTC.

    “Allowing BTC to be used programmatically on other blockchains via a trust-minimized approach is a clever approach to increasing BTC adoption.” said Anurag Arjun, co-founder Avail. “Together with dWallet, we can enable Layer-2 chains or rollups on top of the Bitcoin network. Bitcoin represents a superb base layer from the DA perspective, with the highest security available in the ecosystem. As a result, the dWallet integration will enable users to leverage arbitrary execution and logic to secure their BTC via a decentralized multiparty computation (MPC) solution.”

    In essence, the collaboration aims to harness dWallet’s MPC infrastructure to enhance Bitcoin’s capabilities by enabling the creation of native bitcoin rollups — ushering in more efficient and secure transactions and operations on the Bitcoin blockchain and supporting a wider range of functionalities beyond simple transactions.

    The integration with the dWallet Network, coupled with the ability to control dWallets from a smart contract on any Avail rollup, was made possible through Avail Nexus, a zero-knowledge coordination rollup embedding validity-proof based light clients and execution proof aggregation. This pivotal move towards the unification of Web3 will also enable developers to power Avail Fusion’s borrowed security from native assets of the most mature ecosystems, including BTC, ETH, and others.

    Furthermore, the dWallet Network integration will facilitate the Fusion Security model when it goes live, empowering users to securely hold their BTC, ETH, or other assets in dWallets and stake them to bolster the safety of the Avail ecosystem, all while maintaining ownership of their native assets. This introduces the first native multi-chain staking/restaking solution aimed at securing the consensus of a different blockchain.

    To implement the dWallet primitive, the dWallet Network utilizes 2PC-MPC, the state-of-the-art protocol invented by its team. This industry-first multiparty protocol enables the generation of an ECDSA signature in a non-collusive way, requiring participation from both the end-user and a significant number of nodes, the number of which could potentially reach hundreds or thousands.

    dWallet technology allows a Solidity smart contract on an Avail rollup to create Bitcoin signatures and enables developers to manage a dWallet. Meanwhile, the dWallet Network mandates approval from the Avail rollup smart contract for logic enforcement, requiring users to finalize the signature to prevent collusion and asset theft. Whether for Web3 applications in custody, DeFi, DAOs, gaming, or other domains, any protocol on an Avail rollup can leverage dWallets for enhanced functionality and secure interoperability.

    “We are excited to team up with Avail because our visions of a unified Web3 have so much in common, with both companies striving to bring countless disparate ecosystems together,” noted Omer Sadika, co-founder of dWallet Network. “We firmly believe that the future of Web3 is multi-chain, not cross-chain, and together with Avail, we will continue to work tirelessly on making this vision a reality.”

    This latest integration aligns perfectly with Avail’s mission to unify Web3, for which it’s already employing a comprehensive full-stack architecture that comprises three innovative solutions — DA, Nexus, and Fusion Security — to help usher in the rollup future and solve the growing scalability pains of the blockchain industry.

    Avail DA stands as the initial cornerstone element of the Avail trinity, offering expansive blobspace for rollup developers and serving as a foundational layer for a diverse and vibrant ecosystem of rollups. Avail Nexus, aimed at unifying the ecosystem beyond the blockchains built atop Avail’s DA layer, employs Avail DA as the trust anchor for ecosystem-wide coordination. 

    Lastly, Fusion Security will offer additional protection to an expanding network of rollups and blockchains, thus enhancing Avail’s consensus mechanism. Supercharging the Avail trinity with dWallets accelerates the unification of Web3, addresses issues of fragmentation, and paves the way for a completely integrated, secure, and native experience across all Web3 ecosystems.

    About Dwallet Network

    dWallet Network is the home of dWallets – programmable and transferable signing mechanisms that live on-chain. dWallet Network empowers builders on L1s and L2s to utilize dWallets as a building block for managing assets & enforcing logic across all of Web3 in a decentralized and noncollusive way.

    For more information, users can visit: https://dwallet.io/

    About Avail

    Avail is building a unification layer to solve rollup fragmentation and scalability. Avail addresses this from first principles with its three phase roadmap, the Avail Trinity. Starting with Avail DA, the validity proven data availability layer that scales with demand, followed by Nexus for permissionless unification, and Fusion for shared security. Blockchain and rollup developers can submit transaction data to Avail DA today and inherit the security and benefits of Avail’s KZG commitments and light clients with data availability sampling. Start building today, because the unification of web3 is coming!

    For more information, users can visit: https://www.availproject.org/

    Contact

    Siva Sagiraju
    Marketing lead
    dWallet Network
    siva@dwalletlabs.com

  • 7 Crucial Crypto Security Tips for 2024’s Bull Market

    7 Crucial Crypto Security Tips for 2024’s Bull Market

    ​In a bull market, when Bitcoin’s value rises and  altcoins explode, it’s crucial to keep your investment secure. This time can lead to excitement and oversight of potential risks. Ensuring the safety of your digital assets helps maintain the gains from the market’s upswing. Simple steps and awareness can shield your investments from theft and scams, allowing you to enjoy the benefits of rising prices without undue worry. Learn 7 tips to secure your crypto during bull season and avoid getting scammed. 

    Tip 1: Avoid Crypto Exchanges for Storage

    Key Advice: Do not store your cryptocurrencies on exchanges due to the heightened risk of hacks. Use decentralized wallets such as Klever Wallet, which adhere to the principle of “your keys, your coins,” offering you full control and enhanced security of your digital assets.

    Tip 2: Diversify Your Crypto Storage

    Strategy: Avoid putting all your crypto in a single wallet. Opt for a mix, including secure hardware wallets like KleverSafe, to mitigate the risk of total loss from any single point of failure.

    Tip 3: Strengthen Your Digital Security

    Actions: Regularly update your software, establish unbreakable passwords, activate two-factor authentication (2FA), and remain vigilant against scams. Consider dedicating a device solely to your cryptocurrency transactions.

    Tip 4: Backup Your Wallet Consistently

    Important: Ensure regular backups of your wallet’s crucial information across different secure locations to prevent total loss if your primary device is compromised.

    Tip 5: Exercise Extreme Caution with Links

    Security Measure: Never share your seed phrase, avoid confirming personal details with unknown entities, and be skeptical of unexpected financial windfalls. Always verify the authenticity of requests and links. Blockchain companies and serious projects will never ask you to send them funds, or their employees. Be cautious!

    Tip 6: Verify Transaction Details Meticulously

    Reminder: Double-check cryptocurrency addresses and transaction specifics before making a transfer. Use QR codes for accuracy, and be cautious of minor, misleading transactions from potential scammers.

    Tip 7: Privacy is Non-Negotiable

    Guidance: Keep details of your cryptocurrency investments and strategies confidential to reduce the risk of becoming a target for thieves and scammers.

    Extra Tip: Secure Your Internet Connection

    Essential: Refrain from using public Wi-Fi for cryptocurrency transactions. Stick to trusted, private networks to safeguard your data from potential interception.

    By adhering to these tips, you can secure your cryptocurrency investments during the volatile conditions of a bull market. Tools like a hardware wallet provide an additional security layer for your digital currencies, allowing you to navigate the bull market with confidence. Prioritize your digital asset security to enjoy the bull market’s benefits worry-free.

    Visit https://blog3693zk.coincheckup.com/ for more crypto content.  ​

  • BSX: The First CLOB Perp Exchange to Launch on Base Layer-2 Blockchain

    BSX: The First CLOB Perp Exchange to Launch on Base Layer-2 Blockchain

    Grand Cayman, Cayman Islands, April 1st, 2024, Chainwire

    Quick Take

    • BSX, backed by Base Ecosystem Fund, is set to raise the bar as the world’s foremost premier, high-performance decentralized exchange, offering an enhanced DeFi trading experience that provides the best of both worlds by merging the benefits of centralized exchanges with the self-custody features of decentralized exchanges.
    • BSX will begin trading on Base L2 Mainnet Alpha on April 1, 2024.

    Following the conclusion of its Public Testnet trading phase in Q1, BSX – the new standard in premier, high-performance decentralized exchanges (DEXs) – is set to begin trading on the Base L2 Mainnet Alpha on April 1, 2024.

    BSX is backed by a number of notable investors, including Base Ecosystem Fund, Bankless Ventures, CMS Holdings, No Limit Holdings, Saison Capital, Kyros Ventures, WW Ventures, among others. BSX is also being advised by Arthur Hayes, the founder and CIO of Maelstrom and the co-founder of BitMEX.

    BSX aims to provide the ultimate DeFi trading experience, combining the liquidity, premium UX and user-friendly features of centralized exchanges (CEXs) with the pricing and self-custody features of (DEXs). By utilizing the Base network, BSX provides lightning quick transactions and inexpensive trading fees while ensuring transparency and accuracy through on-chain settlements.

    BSX also streamlines the interface and flow for retail traders, who can conveniently connect their existing wallets, enable one-click trading, and securely execute trades on-chain. BSX users will be able to access a wide range of crypto products, including perpetuals, spot, and more, all in one place.

    Core product offerings:

    • Low-gas Trading: Base’s transaction costs are minimal and highly optimized, enabling near gas-free settlements. This makes the total trading costs comparable to CEXs.
    • Unrivaled Performance: Our high-performance trading engine provides extremely low latency and instant, guaranteed execution. Coupled with our one-click instant trading feature, it offers an experience akin to, if not better than, CEX trading.
    • Self-custody and Transparency: By settling all trades on-chain, BSX ensures you have full control over your funds without any hidden counterparty risks. Your keys, your coins.
    • API Integrations: BSX’s Delegated Keys feature simplifies the use of external trading terminals without exposing your private keys or relinquishing custody of your funds.

    BSX initiated its Private Testnet in November 2023 – welcoming early adopters from an extensive waitlist of 80,000 members – and its Public Testnet in January 2024 included 5,000 traders, who contributed to a robust total trading volume of $5B during the period. 

    BSX is positioned to compete with leading centralized exchanges like Binance and OKX, with crypto perpetuals trading in April, followed by other products later this year. Visit bsx.exchange to trade and participate in the upcoming exciting rewards program for new traders and/or go to the following:

    Discord community: https://discord.gg/FWdPe5Vgjr

    Twitter: https://twitter.com/bsx_labs

    Public docs: https://docs.bsx.exchange/bsx-docs

    Contact

    Core Contributor
    Henry N
    BSX Protocol Foundation
    team@bsx.exchange

  • MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees

    MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees

    London, United Kingdom, March 28th, 2024, Chainwire

    MetaWin, the trailblazing platform for on-chain prize competitions, is delighted to announce the incorporation of the Base and Arbitrum Layer 2 (L2) blockchain networks into its on-site swap feature.

    This ground-breaking update represents a significant milestone in MetaWin’s quest to deliver an unmatched gaming experience, offering faster transactions and substantially reduced fees for its users. By embracing the capabilities of the Base and Arbitrum L2 chains, MetaWin not only improves its platform’s efficiency but also solidifies its position as an innovator in the blockchain gaming industry.

    The integration enables users to effortlessly deposit and withdraw funds on either chain or across chains, providing the flexibility to select the preferred network for receiving winnings. Transaction times have been dramatically slashed to just 2 seconds for inbound swaps and 20 seconds for outbound swaps, paired with gas fees as low as half a cent USD for swapping (theoretically) an unlimited amount.

    The introduction of Base and Arbitrum L2 support signifies more than just an upgrade; it heralds a revolution. MetaWin takes pride in leading this innovation charge, offering a more accessible, affordable, and faster gaming experience. By mitigating the barriers associated with high transaction costs and slow processing times, MetaWin not only expands its user base but also fortifies the blockchain ecosystem.

    “We are excited to lead the way in leveraging the latest blockchain technology to benefit our users,” said Rebecca Hanwell, Operations Manager at MetaWin. “The integration of Base and Arbitrum L2 chains underscores our commitment to innovation and our vision for a future where blockchain gaming is mainstream, accessible, and affordable for everyone. Given the remarkable results observed here, we will continue to integrate the remaining Layer 2 chains.”

    This strategic update aligns with MetaWin’s ongoing endeavour to democratize access to on-chain prize competitions, ensuring that players worldwide can participate without the burden of exorbitant fees or sluggish transaction speeds. The decentralized competitions will also transition to leverage the L2 chains as early as next week.

    As MetaWin continues to push the boundaries of what’s achievable in blockchain gaming, it remains steadfast in providing a secure, transparent, and efficient platform for its global community.

    Users can try the new swap system by connecting their Web3 wallet to MetaWin

    About MetaWin

    MetaWin is the premier platform for on-chain prize competitions and instant win games, offering a diverse range of entertaining challenges for users to enjoy. By harnessing cutting-edge blockchain technology, MetaWin provides a transparent, fair, and secure gaming environment, making it the go-to destination for blockchain enthusiasts and gamers alike.

    For more information about MetaWin and its latest integration, please visit www.Metawin.com

    Follow us on social media:

    https://www.instagram.com/metawin.eth/

    Join our community:

    https://t.me/metawinlfg

    https://discord.com/invite/the-arena

    Contact

    PR Team
    Metawin
    press@metawin.inc

  • How will the X-HERO memecoin project SAVE THE WORLD?

    How will the X-HERO memecoin project SAVE THE WORLD?

    Amidst the frenzy of billion-dollar memecoin projects in the world, the X-HERO memecoin project, just launched, has announced its mission to create a global community of HEROES and SAVE THE WORLD. Sounds pretty ambitious, doesn’t it? But upon careful examination of the information provided by X-HERO on their website and whitepaper, it seems that this might indeed be one of the standout projects of 2024 and could potentially “SAVE THE WORLD” in many ways.

    Firstly, let’s understand what X-HERO is. X-HERO is a memecoin project, undoubtedly a memecoin. X-HERO is a community of HEROES worldwide with a common mission to SAVE THE WORLD. HERO, in the definition of X-HERO, is anyone who performs actions that contribute to making the world a better place for others, the community, society, and the world at large. These actions can range from simple acts like picking up trash, donating unused items to the needy, voluntary blood donation, tree planting to more significant projects and missions. When explained in this manner, we can see that what X-HERO announces and aims for seems very relatable, practical, and a highly beneficial community for society.

    According to the information released, X-HERO will build Web3 projects within its ecosystem such as Defi Platform, Launchpad Platform, NFT Marketplace, Metaverse… but will revolve around 3 main axes: “ACTION,” “MOBILIZATION,” “HONOR” to SAVE THE WORLD.

    One of X-HERO’s standout platforms is the Humanitarian Certificate platform: It’s a humanitarian certificate system that stores all charitable volunteer activities of individuals and organizations. These certificates are issued in the form of NFTs and can be traded similarly to Carbon credits. It is expected that this platform will make charitable activities more transparent, encourage people to do better, and help businesses have more opportunities to both do good and promote their businesses.

    Despite being newly launched with limited project information, X-HERO has already received a lot of support from the cryptocurrency community as well as traditional projects and businesses because of its exciting mission.

    From April 1, 2024, to September 30, 2024, all new members who register an account on the website system www.xhero.xyz will receive 100,000 GEM and can check-in daily to receive 50,000 GEM completely free. GEM Token is the second token of the X-HERO ecosystem with its main function being used for competitions, rewards, gifts, and can be used to pay fees, mine NFTs, swap for other tokens when listed on other exchanges.

    Additionally, X-HERO is also launching the presale of its main token, HERO. HERO token is built on the Ethereum blockchain network with the symbol HERO. The total supply of HERO Token is 500,000,000,000,000 HERO, slightly lower than the current total supply of Shiba Inu, which is 589,530,000,000,000 SHIB. The presale period for HERO Token is 6 months from April 1, 2024, to September 30, 2024, and the expected listing time is October 10, 2024.

    For more detailed information, please visit:

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. 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.

  • Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

    Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

    Newport Beach, CA, United States of America, March 28th, 2024, Chainwire

    How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization

    USP, an innovative tokenized real estate investment marketplace and platform, is thrilled to announce its official launch on Republic.com/uspc, a leading crowdfunding portal. This move marks a huge milestone for USP, an incredibly-early tokenized real estate project on the Ethereum network, as well as a major win for investors across the globe seeking to tap into the lucrative world of U.S. real estate investment through cutting-edge blockchain technology.

    USP’s platform democratizes access to real estate investing, enabling investors of any size and background to participate in the ownership of commercial properties. With an already robust portfolio valued at $52 million and situated throughout Southern California, USP sets a new standard in the tokenized real estate landscape.

    Key Highlights of the USP Launch:

    • Community Strength: USP boasts a vibrant community of over 17.3 thousand active members, underscoring the platform’s appeal and reliability as a trusted investment portal.
    • Tokenized Real Estate Value: Over $52 million worth of real estate is already tokenized on the USP platform, providing a diverse range of investment opportunities for participants.
    • Accessibility and Ease of Use: The platform is designed to make real estate investment accessible to everyone. With a simple account setup process that takes less than 5 minutes, users can begin buying tokens representing fractional ownership in properties.

    What Sets USP Apart:

    USP sets itself apart by utilizing the Ethereum blockchain to tokenize properties, enabling global investment without minimum requirements and facilitating peer-to-peer trading. This innovative approach contrasts sharply with traditional real estate investment methods like crowdfunding platforms, private equity, and REITs, which typically cater only to accredited investors with high minimum investment thresholds and offer little to no liquidity. Through this application of tokenization, USP is essentially democratizing access to traditionally inaccessible real estate assets, making it 100 times easier to become a landlord of real world assets (RWAs).

    “Our launch on Republic.com is a leap forward in our mission to simplify real estate investment and make it accessible to the average person,” said Johnney Zhang, Founder of USP. “We believe in breaking down barriers to investment, and through our platform, we’re not just offering a piece of lucrative U.S. real estate; we’re offering a piece of the future.”

    Investment Opportunity on Republic.com:

    For a limited time, investors can contribute to the future development of the USP tokenized real estate marketplace, as well as its current real estate assets. This investment opportunity represents a stake in both the technological advancement of the USP platform and its existing tokenized real estate portfolio.

    About USP:

    USP is a tokenized real estate investment platform that empowers investors from anywhere in the world to invest with as little as $1. Our platform simplifies the investment process, democratizing real estate ownership and providing a secure and transparent way for users to build their portfolios. For more information about USP and to become part of this groundbreaking investment opportunity, visit their official website.

    Contact:

    Stephanie Archer

    Director of Investor Relations

    USP

    support@usp.io

    www.usp.io/links

    Contact

    VP of Marketing
    Andrew R. Palacios
    Primior
    andrew@primior.com
    6268020053

  • Big Time Generates over $100M in Revenue since Preseason

    Big Time Generates over $100M in Revenue since Preseason

    Austin, United States, March 28th, 2024, Chainwire

    Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token.

    “Success in Web3 gaming hinges on creating compelling experiences with a player-focused economy at its core,” said Ari Meilich, CEO of Big Time Studios

    Big Time combines the intense combat and dynamic gameplay of action RPGs like Diablo with the vast, explorative realms of MMOs like World of Warcraft. Players are time travelers, plucked from the dying embers of the cosmos to join the ultimate crusade for mankind’s survival. The fabric of reality is tearing apart, and the epochs of history are colliding. Players fight to preserve the human legacy, in all its beauty and folly.  

    Players engage in hard-fought battles through procedurally generated dungeons, accomplish objectives, and collect essential resources for crafting valuable virtual goods represented by Non-Fungible Tokens (NFTs). No crypto tokens are sold, and this unique approach blends gaming excitement with the innovative world of digital collectibles: all collected in-game rather than given away or available for purchase outside the game. The only purchasable items are Time Crystals, the game’s non-crypto premium currency used for in-game activities like crafting, upgrading gear, recharging items, or accessing premium content.  

    “Our fair launch strategy, with no tokens for the team or investors, underscores our dedication to a player-first gaming universe, where rewards are awarded solely through gameplay,” said Meilich.  

    Big Time Studios levels the playing field by prioritizing the player community through this novel approach. Tokens are collected through in-game activities, preventing non-players from purchasing their way to success. This commitment to fairness and inclusivity sets Big Time apart in the Web3 and traditional gaming industries.

    Big Time’s successful Preseason launch continues to shatter doubts about the viability of Web3 games, setting new standards for what is achievable. The game’s entertainment value and economic incentives have captivated highly active players, dispelling skepticism and showcasing the immense potential of Web3 gaming.

    “We are a game company, first and foremost,” Meilich stated. “Our biggest priority is delivering an amazing game with immersive gameplay. Players want entertainment value and a game that is Twitch-worthy. This approach has differentiated us, and in light of its recent successes, signals we’re taking Web3 gaming in the right direction,” said Meilich, emphasizing Big Time Studios’ dedication to delivering high-quality game experiences. 

    Looking ahead, new features and updates will further enhance the immersive gaming experience and ensure that Big Time continues to lead the Web3 gaming industry. 

    For early access and to dive into the adventure that awaits in Big Time, users can simply join the Big Time Discord community and ask for an access code.

    About Big Time Studios

    Founded in 2020, Big Time Studios has become a leader in Web3 gaming with its main title, “Big Time,” a multiplayer action RPG that combines fast-action combat and adventures through time and space. Unlike typical Web3 games, it empowers players by distributing tokens directly in the game, avoiding sales to investors or team allocations. The game’s preseason launch in October led to a $37 million revenue in Q4, with projections of $80 million for Q1, highlighting its success and the company’s significant impact on digital gaming. Big Time Studios continues to lead in innovation within the Web3 gaming sector.

    Contact

    CMO
    Michael Migliero
    Big Time Studios
    press@bigtime.gg

  • DeFi Saver integrates Safe to bring account abstraction to DeFi

    DeFi Saver integrates Safe to bring account abstraction to DeFi

    Delaware, USA, March 28th, 2024, Chainwire

    In a move to greatly improve the user experience of DeFi users in the Ethereum ecosystem, DeFi Saver integrated native support for Safe smart accounts and multisigs.

    DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just announced they’ve integrated account abstraction leader Safe, to take the experience of DeFi users to the next level. This comes on the back of Safe’s recently announced milestone of more than $100 billion in digital assets secured on Safe smart accounts, with more than 40 million transactions conducted on Safe infrastructure.

    The update means that DeFi users of protocols such as Aave, Compound, Morpho Blue, Spark, CurveUSD and Liquity will be able to manage their positions more efficiently, through use of options that bundle or batch multiple actions into one single transaction using the power of the Safe smart accounts. This includes features such as leveraging up or unwinding in one transaction, doing collateral and debt swaps, moving whole active positions between different protocols, various automation features, but also even simpler things such as depositing collateral and borrowing funds in one, single transaction. All of this results in unnecessary steps being abstracted away from DeFi users and traders.

    Besides all the advanced features that are made possible through use of a smart account, this update also allows DeFi users to greatly increase their security through the use of Safe multisigs, which are the security standard for asset ownership. Starting today, all current and new users can enjoy native multisig support at DeFi Saver moving forward.

    Another important aspect for both teams is the composability and portability that users will enjoy. Since Safe is widely supported in DeFi apps and frontends, this means that all DeFi Saver users will be able to check and manage their positions through other apps. And, vice versa, all existing Safe users can now seamlessly connect to the DeFi Saver app and make use of the plethora of tools available.

    “We believe that composability and portability are some of the greatest, most important aspects of DeFi and yet this primitive is being ignored by many teams opting to build small, proprietary, walled garden systems. That’s why we chose Safe and intend to keep building on the open, permissionless building blocks.” said Nenad Palinkasevic, the co-founder of DeFi Saver.

    Lukas Schor, co-founder at Safe, commented, “Smart Accounts are critical infrastructure and we think that for DeFi mass adoption, we need the security of smart accounts, but also the UX benefits to already integrate within the top DeFi projects today. We welcome this move by DeFi Saver to accelerate the transition to smart accounts and Safe ecosystem.”  

    Moving forward, the teams also highlighted that this change will allow great improvements to the user experience in DeFi through continued batching of multiple actions into single transactions, but also through features such as sign-only modes where all transactions would be handled for the users in the background, providing a quicker and smoother experience.

    About DeFi Saver

    DeFi Saver is a management application for decentralized finance protocols best known for their advanced leverage management features and automated liquidation protection options. Having initially started as a MakerDAO-focused dapp in the early days of DeFi, they quickly expanded support to more protocols, as well as multiple L2 networks. Today, DeFi Saver lets you utilize protocols such as Aave, Compound, Morpho Blue, Spark, CurveUSD and Liquity, across Ethereum mainnet, Arbitrum, Optimism and Base.

    Website, Twitter, Discord, Blog, GitHub, Docs

    About Safe

    Safe (previously Gnosis Safe) is an onchain asset custody protocol, securing ~$100+ Billion in assets today. It is establishing a universal ‘smart account’ standard for secure custody of digital assets, data, and identity. With Safe{Wallet}, its flagship web and mobile wallet, and Safe{Core} account abstraction infrastructure, Safe is on a mission to unlock digital ownership for everyone in web3, including DAOs, enterprises, retail, and institutional users. 

    Website, Twitter, Discord, Blog, GitHub, Docs

    Contact

    Filip Josipovic
    Defi Saver Inc.
    filip@decenter.com