Blog

Dubai, UAE, February 26th, 2024, Chainwire

The Layer-1 Received the Top Honor at the Eurasia Awards While Experiencing a Period of Unprecedented Growth and Recognition

Sui, the layer 1 blockchain that has experienced explosive growth since its mainnet launch in 2023, has emerged as the winner at the Eurasia Awards held during the second edition of AIBC Eurasia in Dubai. The gala event, renowned for its world-class attendance and previous winners such as Animoca Brands and Crypto.com, witnessed the Sui Foundation being honored for the leading position the blockchain has achieved during the past months. Other nominees for the 2024 award included Near Protocol and 1inch Network.

Sui’s recognition comes amidst its significant growth and influence in the blockchain space. The Sui ecosystem has gained significant traction during the past months. The layer 1 recently surpassed $600M in Total Value Locked (TVL) and secured a spot in the top 10 of DeFi ecosystems. Likewise, examination of token flows via Wormhole—a leading cross-chain protocol that supports Sui—shows that, of the almost $500M worth of funds that left Ethereum through Wormhole in the last 30 days, over 64% of it was moved to Sui.

The award decision was made on February 11, while the ceremony and the announcement took place on February 25, at the Festival Arena in Dubai. Sui’s dedication to pushing the boundaries of blockchain technology, as evidenced by its recent partnerships and expansions, has solidified its position as a leader in the industry.

Greg Siourounis, Managing Director of the Sui Foundation, said, “It’s truly an honor for Sui to receive this important recognition from AIBC. Winning the Eurasia Award for best blockchain solution speaks to the hard work and impactful contributions of the entire Sui community including our local partners like Ghaf Labs. This award should inspire builders on Sui to continue leveraging the network’s unique advantages and also encourage new or existing projects to opt into the fast-growing Sui ecosystem.”

The AIBC Eurasia Awards featured a diverse array of categories, each shining a spotlight on exceptional contributions within the blockchain and gaming industry. Other notable categories included “Web3 Gaming Leader of the Year,” “Crypto/Web3 Media of the Year,” and “Best Metaverse Project 2024.”

This distinguished panel that selected Sui as the Blockchain of the Year included industry veterans and business leaders such as Olga Yaroshevsky (Ph.D. and AIBC’s Lead Producer), Pavel Matveev (CEO at Wirex), and Giacomo Arcaro (renowned seed investor and Ethereum evangelist).

Contact

Sui Foundation
media@sui.io

Singapore, Singapore, February 26th, 2024, Chainwire

Aethir, a leader in decentralized GPU cloud infrastructure, has announced its highly anticipated Node Sale. Aethir is an enterprise-grade, AI and Gaming-focused GPU-as-a-service provider. Aethir’s decentralized cloud computing infrastructure enables GPU providers to connect with enterprise clients who need the raw power of NVIDIA’s H100 chips for sophisticated AI/ML tasks.

In addition, Aethir’s infrastructure supports cloud gaming clients and has contracts with the world’s largest gaming and telecom companies, taking advantage of its flexibility and coverage across technological and operational expertise. 

$ATH token is the native token for the Aethir network, to reward node providers and checkers for maintaining the Aethir Decentralized Cloud Infrastructure network. This decentralization starts first with the Checker Nodes, the validator of our ecosystem, equal opportunity to participate, equal opportunity to validate, and equal opportunity to earn an additional bonus for catching bad actors and slashing their rewards. 

Aethir aims to be an enterprise-first infrastructure partner leveraging the Arbitrum ecosystem for DePIN and AI, as it will host its node infrastructure in the ecosystem and prepare for its own node sale on Arbitrum.

Why Run a Node on Aethir?

Running a node on Aethir contributes to the decentralization of cloud compute and earn rewards from being a network participant. The first type of node in the Aethir network that will be made available is the checker node, a node for any user to operate to help in the verification of the uptime, latency, quality of service, and computational power provided by other node participants in the future. Aethir’s team always strives to ensure a decentralized approach in every aspect of the project. The team’s commitment to decentralization and community ownership starts with opening up the decentralization of the checker nodes licenses, which play a critical role in the ecosystem in validating service provision within the Aethir infrastructure.

The Node Sale details are as follows:

• 100,000 nodes available in a tiered pricing system.
• Nodes will be sold on Arbitrum via a public sale.
• Nodes are transferable one year post-sale.
• Rewards will be accrued and earned upon a vesting logic for each user
• No cap on the number of nodes one can purchase.
• Special allotment for the Aethir community, partners, and KOLs for whitelists for early adopters of the network

Exclusive Revenue Opportunities for Node Operators

As a node operator in Aethir’s ecosystem, users stand to earn up to a total of 15% of the total supply of the Aethir ecosystem (over the course of the next four years) set aside for checker Node Operators specifically. Other rewards will be set aside for other mining and technical participation roles within the network. Nodes earn rewards for helping verify the data and service provision within the network, serving as checks and balances for the future mining throughput of AI-enabled processing chips and other computational power. 

This checker node sale gives the opportunity for anyone to be a part of the network to support in the build up of a decentralized ecosystem for the largest collection of decentralized AI computational power, without forcing every regular user to be ready on day one to participate in heavy duty computational work.

Tiered Public Node Sale – A Chance for Everyone to Participate

With nodes starting at $500 per checker node, and then increasing at each tier, and whitelists set aside for different participants amongst Aethir community, partner communities, KOLs, and venture capital teams, this sale has been designed to involve all types of participants.

Users will be participating with wrapped ETH (WETH) on Arbitrum network, and full details of the sale will be available at this link: http://checker.aethir.com The details of running the node will be made available at the time of testnet launch. 

Aethir is excited to announce the first ever tiered decentralized AI public node sale, ensuring fair and broad access to its burgeoning network. While a select number of nodes have been reserved for whitelists, including KOLs and members of the Aethir and partner communities, the majority of the nodes are open to the public to purchase on a first come first serve basis. This structure guarantees that everyone has the opportunity to join Aethir’s revolutionary journey towards decentralization.

KOLs will receive a unique referral code to share with their community, earning a referral fee for each node sale made using their code.

Node Sale Timeline

• Node sale announcement: February 26, 2024, 12 PM UTC
• Impossible Whitelist campaign: Feb 27 2024, 10AM UTC to 14 March 10AM UTC
• Node sale launch: March 20, 2024, 10 AM UTC
• Network launch: Q2 2024

For more details on how to purchase and run a node, stay tuned to Aethir’s official channels.

Aethir’s Ecosystem and Your Role

As node operators, you’re an integral part of Aethir’s ecosystem, earning rewards for your crucial computing contributions once the network goes fully live. Aethir is on a mission to accelerate the world’s transition to universal cloud computing—and you’re invited to join this journey through our Initial Node Offering.

More on Aethir

• Aethir’s Unprecedented Product Traction
• Secured a mid 7-figure annual contract with the world’s largest telco, scaling to 8-figures by Q2 2024.
• On track to sign three more enterprise contracts in Q1 2024.
• Signed three contracts for cloud gaming, with over ten more anticipated in Q1 2024, including partnerships with the world’s largest gaming company boasting 150M+ MAU and a 22% conversion rate.
• Grown to over 170k+ community members.
• Proud members of NVIDIA’s Inception Program, equipped with a strong lineup of H100 chips that even Meta (Facebook) is acquiring in billions.
• Backed by the Best
• Our mission is supported by an impressive roster of committed investors, including Maelstrom, Mirana Ventures, Animoca Brands, Sanctor Capital, Hashkey, Merit Circle and CitizenX, IVC, Framework Ventures, and Infinity Ventures Crypto.
• Meet the Team Behind the Mission
• Mark Rydon – Co-founder and CEO – Mark has held key roles at NOTA Platform, Flux Capital, Gaas LTD, Kulture Athletics, Inc., and Bechtel Corporation.
• Daniel Wang – Co-founder and CBO – roles at Mythos Venture Partners (GP), Prior at IVC (Venture Partner), YGG SEA (CIO), Riot Games (Head of International Publishing Mgmt), Riot Games – China (Head of Operations).
• Kyle Okamoto – CTO – Kyle has served as the CEO & General Manager at Ericsson’s IoT, Automotive, and Security businesses, CEO of Edge Gravity, and Chief Network Officer at Verizon Media.
• Paul Thind – CRO – Paul, currently the CRO at Aethir, previously co-founded and served as CEO at Triggerspot Inc and was an advisor at Creadits and Trick Studio.

About Aethir

Aethir is revolutionizing DePIN with its advanced, distributed enterprise-grade GPU-based compute infrastructure tailored for AI and gaming. Backed by leading Web3 investors like Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Sanctor Capital, Infinity Ventures Crypto (IVC), and others, with over $32 M in funds raised for the ecosystem, Aethir is paving the way for the future of decentralized computing.

Users who want to be a part of the node sale and help shape the future of AI and gaming can check Aethir’s official node sale link to learn how to participate in the sale.

Contact

Marketing Director
David Costello
Aethir
dave@aethir.com

George Town, Grand Cayman, February 24th, 2024, Chainwire

Staking program amassed over $129M TVL in less than 24 hours 

Zircuit, a security-focused zero-knowledge rollup backed by pioneering L2 research, launched Zircuit Staking, an innovative program that allows users to stake ETH, liquid staking tokens (LSTs), and liquid restaking tokens (LRTs) to earn Zircuit Points. Shortly after launch, Zircuit Staking has already accumulated over $129M on the Ethereum mainnet and continues to rise.

Zircuit’s community has gained an impressive following of over 112K Twitter followers and 125K Discord members within a short four-month time span. The exponential growth of this community has also led to the early success of Zircuit’s staking program. In comparison, Starkware started in 2018 and only has 229K Twitter followers and $134M in TVL according to DefiLlama. Zircuit is on track to surpass these numbers in terms of both community engagement and TVL.

With the rapid ascent of EigenLayer, Zircuit is leveraging a growing surge in interest around restaking protocols. Less than 24 hours since launch, the program has already accumulated over $129 million TVL, signaling significant interest and confidence in the project. 

Through the staking program, users can Zircuit points on top of any staking yield or other existing points. Users that opt-in to migrate their assets to the Zircuit Mainnet when it goes live are rewarded the most. Users can withdraw at any time and keep the points and yield earned, so ETH isn’t hard-locked like in Blast or Mantle. Currently, Lido Finance, Renzo Protocol, Swell Network, Kelp DAO, and Liquid Collective are supported with more integrations to come over the coming weeks. 

To participate in the Zircuit Staking program, users can visit https://stake.zircuit.com/ 

For more information on Zircuit, Users can visit: https://www.zircuit.com/ 

About Zircuit

Zircuit is a fully EVM-compatible, zero-knowledge rollup powered by the latest research in L2 technology. Built by a team with multiple research grants from the Ethereum Foundation and backed by Pantera Capital and Dragonfly Capital, Zircuit is leading the future of secure chains with sequencer-level security. Users can learn more by visiting zircuit.com or follow us on Twitter/X @ZircuitL2

Contact

Jessica Graber
Zircuit
jessica@zircuit.com

London, United Kindgom, February 23rd, 2024, Chainwire

Bitcoin Dogs, a pioneering token sale on the Bitcoin blockchain, continues to ramp up. Following its latest raise announcement, the presale has now raised an additional $800,000 in 2 days, pushing it to a total of $3.9 million raised in less than ten days.

The sale is now a third of the way in, with 21 days remaining before it ends on the 15th of March, at which point it will become available for public trading. The presale is currently in Stage 4, from a total of 10.

The next event will be an upcoming NFT collection release and the Bitcoin Dogs game beta, both due in Q2 of this year. 

New dog, new tricks

Bitcoin Dogs is a project spanning the Bitcoin ecosystem, GameFi, and NFTs, with innovation across all three. The project is one of the first to offer an ICO implemented on the Bitcoin blockchain. It’s issued under the BRC-20 standard, however, purchases are made with ERC-20 coins up until claim, when purchased 0DOG tokens will be airdropped to investors’ Bitcoin wallets.

Looking ahead, the development of the Bitcoin Dogs game and NFT collection provide bucketloads of fuel for future development and growth, as evidenced by the growing 80k+ community on X. 

GameFi is one of the most exciting emerging markets within crypto, and the Bitcoin Dogs game combines this with the brand name of the OG crypto. 

Player-vs-player (PvP) mechanics allow players to race each other to win 0DOG, and strong integration with social media fosters a community of gamers who share the core values of Bitcoin.

The NFT market has already seen a resurgence this year, with Bitcoin-based Ordinals collections touted to lead the pack. Ordinals, launched in 2023, dominated the market with over $450m in sales during May alone. The team hopes this trend will continue as they execute their long term vision, which is outlined in the whitepaper.

About Bitcoin Dogs

Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection are being developed exclusively for 0DOG holders.

Bitcoin Dogs (0DOG) is available to buy on the official website.

For more information and to buy Bitcoin Dogs (0DOG) visit the website.

Website | Whitepaper | Socials

Bitcoin Dogs 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

Bitcoin Dogs
Bitcoin Dogs Team
pr@bitcoindogs.club