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  • TYRION Set To Decentralize The $377B Digital Advertising Industry

    TYRION Set To Decentralize The $377B Digital Advertising Industry

    Toronto, Canada, September 25th, 2023, Chainwire

    TYRION, an innovative force in the realm of decentralized digital advertising, proudly announces the launch of its revolutionary blockchain advertising technology. This launch marks a radical shift in an aging industry that has seen little innovation in the past decade–and that is currently centralized and dominated by two tech behemoths.

    In the age of digital marketing, and certainly in the world of crypto and blockchain, challenges such as lack of transparency, data privacy concerns, ever-declining ROI, and fraud have been pervasive. Tyrion aims to revolutionize this space by offering a decentralized solution that addresses these challenges head-on, fostering an ecosystem of trust, transparency, user empowerment, and user reward.

    At the core of this platform lies the $TYRION token, designed to seamlessly integrate and support every facet of the platform’s operations. $TYRION is not just another crypto token, it is the lifeblood of the new digital marketing paradigm–and serves as the primary mode of transaction while incentivizing active participation, ad moderation, and establishing credibility within the ecosystem.

    Tyrion not only aims to disrupt the digital advertising industry, but looks to improve upon the virality potential of advertising campaigns. Tyrion allows anyone, on any platform to be an advertiser–in essence, transforming the entire digital world into a potential billboard. 

    Key Features of TYRION

    Social Platform Integration: Tyrion integrates with platforms like YouTube, Twitter, Discord and Telegram, bridging the gap between decentralized advertising and the heart of modern digital communities.

    Staking & Moderation: Token holders can stake with Ad Publishers and actively participate in ad moderation, ensuring quality and integrity.

    Analytics: Robust analytics tools for advertisers and Ad Publishers to track performance metrics.

    Integrated Secure Payment System: Advertisers and Ad Publishers can transact using the TYRION token, ensuring a consistent value flow within the ecosystem, as well as security of all transactions.

    Empowered Governance: TYRION token holders can participate in the platform’s decision-making processes, ensuring it remains community-driven.

    Referral System & Virality: A reward-based referral system to drive platform adoption and amplify its user base.

    Deflationary Mechanism: 2% of all ad revenue is burned, making $TYRION a deflationary token, which, coupled with increasing demand, fosters economic stability.

    The Tyrion team itself boasts a leadership that has been in the crypto space for over half a decade, which is an eternity in the blockchain industry. Tyrion’s executives are a who’s who of prominent entrepreneurs, innovators, and communications specialists–with accomplishments ranging from working on a data server for a Lunar mission, building a social media network alongside Intel Capital, and producing television content for major global networks.

    The team is not only bolstered by a vision but also by strategic partnerships with major marketing firms and leading web3 platforms. These alliances ensure that the Tyrion platform remains at the cutting edge of both advertising strategies and blockchain technology.

    “For too long, the digital advertising industry has been dominated by centralized entities that prioritize profits over transparency and user experience. With Tyrion, we’re taking the power back and putting it into the hands of the community. Our platform stands as a testament to what’s achievable when technology and vision converge,” says Patrick Gajda, CEO of Tyrion.

    In the lead-up to this launch, TYRION has been making waves in the crypto community. The platform’s roadmap showcases a series of advancements, with many more promising developments to come. 

    As decentralized platforms become the standard in the advertising world, TYRION is set to be recognized as a pioneer driving this transformative shift. With its focus on trust, transparency, and community empowerment, Tyrion isn’t just heralding the future of advertising; it’s shaping it.

    Crypto news outlets and enthusiasts are encouraged to keep a close watch on Tyrion as it disrupts the digital marketing paradigm and offers a glimpse into the future of decentralized advertising.

    About TYRION

    TYRION is a cutting-edge decentralized advertising platform that leverages the power of blockchain technology to bring transparency, trust, and efficiency to digital marketing. With its native $TYRION token, the platform offers a plethora of features tailored to the needs of advertisers, publishers, and users.

    For more information: Website | Twitter (X) | $TYRION Token

    Contact

    VP of Communications
    Cale Tompkins
    TYRION
    cale@esvelo.com

  • Hydranet Launches Layer 3 DEX: A Game Changer for Trustless Cross-Chain Trading

    Hydranet Launches Layer 3 DEX: A Game Changer for Trustless Cross-Chain Trading

    Berlin, Germany, September 25th, 2023, Chainwire

    Hydranet, known for its expertise in off-chain trading, just released the Hydranet DEX, a Layer 3 trading platform that integrates multiple off-chain protocols to enable trustless, cost-effective and near-instant cross-chain trading. The Hydranet DEX made its official debut as a mainnet beta on September 23, 2023, following more than a year of dedicated development. The release signifies a major milestone in the project’s history, whose future promises even more groundbreaking developments.

    I am really proud of us. We have evolved from a small project to a currently #700 mature DeFi project with a great 2023/24 roadmap ahead. – Joe Park, project manager of Hydranet

    Hydranet presents their DEX as a Layer 3 trading platform that connects the Bitcoin and Ethereum ecosystems (including all off-chain compatible Ethereum Virtual Machine (EVM) networks), allowing users to trade seamlessly between them. By their use of off-chain protocols, such as the Lightning and Connext Vector technologies, crafted into a single solution that allows these protocols to interact, Hydranet has made it possible to trade between fundamentally different blockchains with virtually no fees, near-instantly, and, most importantly, in a trustless manner, as users will always retain full control of their funds.

    Off-chain protocols play a pivotal role in this solution and refer to a set of rules, specifications, and frameworks that define the standards and procedures for conducting transactions outside the blockchain using what is commonly known as state channels. Unlike on-chain transactions, which necessitate miners’ confirmations, off-chain transactions are distinguished by their instant transaction times, minimal-to-no transaction fees, high level of privacy and trustless operations. These attributes make off-chain transactions particularly useful for microtransactions, frequent interactions, and scenarios where real-time responsiveness is crucial.

    Recognizing the benefits of off-chain protocols, Hydranet has undoubtedly taken advantage of them in creating a solution that will meet the long-standing demand for a cost-effective trading platform capable of bridging fundamentally different blockchains without compromising security, integrity, and scalability. This trading platform is now available as a downloadable desktop client from Hydranet’s official website.

    The platform comprises a self-custodial wallet, a state channel management interface, and an order book for trading on its Layer 3 exchange. Trades on the exchange are secured using Hashed TimeLock Contracts (HTLC) which guarantees that they are completed in accordance with what is agreed upon, or not completed at all if either one of the trading parties attempts to manipulate the trade. Below is a video showcasing a mainnet Bitcoin to Ethereum trade using the latest version of the Hydranet DEX.

    The Hydranet DEX is currently hosting a set of four trading pairs to start off with:

    • aETH – BTC
    • BTC – aUSDT
    • HDN – aUSDT
    • ETH – BTC

    These trading pairs effectively bridge the Bitcoin, Ethereum and Arbitrum (denoted as ‘a’) blockchains and highlight the capabilities of the trading platform. Adding support for other trading pairs and networks is said to be as easy as adding a few lines of code.

    With all the excitement surrounding this new type of trading platform and how it will develop in the future, Hydranet emphasizes that this is only the beginning of the Hydranet DEX cross-chain future and more news is coming.

    Users can learn more about Hydranet and the Hydranet DEX at Hydranet’s official website

    Users can Join Hydranet’s Discord and Twitter to stay updated on their announcements.

    About Hydranet

    Hydranet is a Decentralized Autonomous Organization building the world’s first Layer 3 off-chain decentralized exchange. With a commitment to trustlessness, efficiency, and scalability, their vision extends beyond the confines of traditional on-chain exchanges. Hydranet is active on Discord, Twitter, Telegram, Facebook, Medium, YouTube and Instagram.

    Contact

    Nico McFinity
    Hydranet
    contact@hydranet.ai

  • The 9th Edition Connected Banking Summit – West Africa Innovation & Excellences Awards 2024

    The 9th Edition Connected Banking Summit – West Africa Innovation & Excellences Awards 2024

    Innovations Powering Digital Inclusion and Sustainable Transformation

    The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of privacy and security.

    The Summit, collocated with the Connected Banking summit Innovation and Excellence Awards, will host leaders and experts from across the region representing Banks, Insurance Companies, FinTechs and TechFins, Digital and NeoBanks, Non-Banking Financial Organizations, Cooperatives, Investments Funds, Asset Management Companies to discuss and deliberate on how integrated solutions are shaping the future of banking.

    The Connected Banking Series is an ideal platform for networking with industry players; senior managers, decision-makers, and practitioners operating in the industry and making the most of banking technologies.

    The International Center for Strategic Alliances (ICSA) is the Organisers of the Leading Banking Summit Connected Banking Summit 2024- (Formerly Africa’s Digital Banking Summit) and is all set to go live with the 9th Edition Connected Banking Summit West Africa which is themed as “Innovations Powering Digital Inclusion and Sustainable Transformation”.

    The summit focus on:

    • Customer Experience Enhancement Models
    • Digital Inclusion and Transformation
    • The Role of eCedi in Building a Cashless Economy
    • Modernizing and Transforming to Banks of the Future
    • Africa’s Digital Economy
    • DeFi, Lending and Microfinance
    • Partnerships in payments
    • Role of AI, ML powered by data and analytics
    • Zero Trust Frameworks – Powering resilient organizations
    • Digital Access and Identity Management
    • ESG and Sustainability
    • Synergies between traditional FIs and FinTechs

    The Past Editions have inputs from:

    • Dr. Maxwell Opoku-Afari, First Deputy Governor, Bank of Ghana
    • Kwame Oppong, Director Fintech and Innovation, Bank of Ghana
    • Martin Kwame Awagah, President, Ghana Fintech and Payment Association
    • Gillian Hammah, Group Chief Marketing Officer, Databank Financial Services Ltd
    • Kofi Adomako, Managing Director, Ghana Commercial Bank Plc
    • Thairu Ndungu, Deputy Managing Director, Consolidated Bank Ghana Limited
    • Rachel Adeshina, CIO, First Bank of Nigeria Ltd.
    • Abdoul Aziz Faye, Group CIO, Ecobank
    • Dr. Antwi Boasiako, Director-General, Cyber Security Authority Ghana

    About ICSA

    International Centre for Strategic Alliances is a group of leading industry professionals and innovators. Our core actions comprise of innovations and use case scenarios of industry leaders, by our research, and from leading information sources for businesses and professionals all over the world.

    For more information get in touch with us

    https://connected-banking.com/summit/wa/

    Mohammed Thoufiq

    mohammed@intercsa.com

    Info@intercsa.com

    +44 20 3808 8625

  • Bitcoin is Struggling to Maintain Above $30K – Here’s a Potential Explanation

    Bitcoin is Struggling to Maintain Above $30K – Here’s a Potential Explanation

    Bitcoin Black

    It’s no news that the crypto market suffered a dreadful downfall in 2022 when bankruptcies and scandals became the order of the day and crypto prices fell across the board. Fortunately, 2023 started on a more positive note for the crypto industry, with most coins recovering a considerable part of the value they’ve lost during the latest crypto winter, and Bitcoin was among the big winners. The king of crypto gained almost 75% and nearly doubled its price in the first half of the year, recording the best annual performance since 2020.  

    As impressive as this comeback may be, Bitcoin appears unable to take things to the next level. Despite its price appreciation, the flagship crypto has been hot and cold for the past few months. Every time it broke above $30,000, a price correction followed and pulled it back under the threshold. On July 13th, Bitcoin managed to go a step further and hit a yearly record of $31,800. However, the price spike was as short-lived as all others and Bitcoin soon dipped below $30,000.  

    A similar scenario repeated this past week when Bitcoin briefly hit $30,100. This time, things happened on fast-forward and before the news could reach all corners of the globe, Bitcoin went back to $29K, a level we’ve already become accustomed to. At the time of writing, Bitcoin was trading at $29,360. 

    Why is Bitcoin not capable of holding above $30K? 

    There’s no denying that Bitcoin is doing much better than it has for a very long time. The figures clearly show the significant growth it has experienced over recent months. However, when it comes to Bitcoin, people expect a lot more than a mild improvement. We’re talking about a coin that was trading for almost $69,000 back in December 2021, when it was at its highest. Compared to its previous values, $30K doesn’t seem like such an impossible level to surpass. The original crypto has proved time and time again that it can do so much better than that.

    So, why is Bitcoin still hovering around the $29K mark and every price rally that pushes it beyond $30K is cut short? There are a few potential explanations for this back-and-forth movement Bitcoin has been doing lately. 

    First, we have to point out that even if the price spikes have been fleeting, the same thing can be said about the drops. We’ve seen Bitcoin fall under $29,000 more than a few times over the past weeks, but none of these dips lasted for long as the coin managed to get back on track quickly. 

    SEC’s decision on Bitcoin ETFs applications

    Getting back to Bitcoin’s stagnation at $29K, one reason for the lack of bullish momentum might be the uncertainty that still surrounds the future of Bitcoin exchange-traded funds (ETFs). There’s been a lot of talk lately about ETFs and how they might influence the future of the crypto market as several high-profile financial institutions like BlackRock, Bitwise, and Van Eck have filed applications for Spot Bitcoin ETFs with the U.S. Securities and Exchange Commission.

    The SEC hasn’t approved any Bitcoin exchange-traded fund listings to date, citing concerns related to market manipulation, liquidity, and investor protection as a reason for their reticence. Therefore, this is a ruling that many stakeholders in the market eagerly await, hoping for a piece of positive news to finally push the Bitcoin price up. 

    If the SEC decides to finally approve Bitcoin ETFs, this could bring more legitimacy to a class of assets that until not so long ago was kept on the outskirts of the financial system. Until the verdict comes through, investors will likely remain on the fence about Bitcoin. 

    Neutral market sentiment

    Another reason for the ongoing game of surge and retreat that Bitcoin is playing might be the current market sentiment. The prices of all cryptocurrencies are heavily influenced by the opinions, perceptions and feelings of traders and investors in the market. At the moment, the market sentiment for Bitcoin is rather neutral. This means that stakeholders are neither keen on investing in Bitcoin nor rushing to sell. 

    According to the Crypto Fear and Greed Index, which measures Bitcoin sentiment on a scale going from extreme fear to extreme greed, investors’ sentiment currently stands somewhere in the middle, meaning they’re adopting a stance of neutrality. This suggests that many are undecided about whether to make a move or not. 

    The sudden spikes in Bitcoin’s price indicate that the coin remains an attractive asset for a large number of traders and investors. At the same time, the subsequent dips show that uncertainty and lack of trust are still present in the market. It’s possible that crypto holders are waiting for further market developments to point them in the right direction and help them decide what to do next. 

    Pre-halving trends

    Sean Farrell, head of Digital Asset Strategy at FundStrat Global Advisors, believes that the upcoming Bitcoin halving might also have a say in the coin’s recent price evolution. The halving is an event that cuts Bitcoin mining rewards in half approximately once every four years. The next halving is expected to take place around April 2024, and according to Farrell, this might prompt Bitcoin miners to sell their assets so they can take profits after each Bitcoin rally.

    Ferrell also points out that Bitcoin’s price stagnation might be due to the low number of new investors in the market. However, he claims that the trend might be a good omen. Historically, periods of low activity are typical for the early phases of bull markets. So, it’s not excluded to see some extended price rallies taking shape in the months to come. 

    Wrapping up

    Bitcoin is finding it difficult to break the $30K barrier amid regulatory uncertainties and neutral market sentiment. However, there are also signs that indicate a positive trend on the horizon, so any investor who is looking to make a move right now should keep a close eye on future market developments.

  • stake.link Sets to Expand Its Chainlink Staking Program With New Features

    stake.link Sets to Expand Its Chainlink Staking Program With New Features

    blue green lines

    Key Highlights

    • As part of the expansion, stake.link introduces a Priority Pool feature to streamline LINK’s staking process.
    • Another upgrade will see stake.link move from stSDL (staked SDL) receipt tokens to reSDL (reward escrow SDL), represented as NFTs.

    stake.link, a Chainlink-based liquid staking protocol, announced it has rolled out a set of new upgrades following plans to further expand its Chainlink staking program.

    stake.link’s Upcoming Staking Program and Its New Features

    As the Chainlink ecosystem anticipates the emergence of the Chainlink Staking v0.2, stake.link has proposed a staking program to further improve the efficiency of its staking protocol.

    While the program is yet to launch, stake.link has unveiled a suite of new features and optimizations to expand its Chainlink staking program. This development comes as stake.link remains keen on emerging as a leading provider of Chainlink staking solutions.

    Notably, the proposed program promises to provide users with an easy and advanced approach towards staking LINK tokens.

    stake.link’s Priority Pool Feature

    Chainlink’s decision to expand its capacity from 25M to 45M tokens implies that there is a need for highly upgraded staking features. This is necessary to ensure a flexible use of the protocol despite the expansion. 

    Hence, stake.link has uncovered its priority pool feature to provide users with a seamless and highly efficient process to stake LINK. The priority pool has been designed to provide users with a “set and forget” staking experience by automating the process of staking LINK on behalf of depositors.

    stSDL Receipt Tokens Migrates to  reSDL

    In addition to the proposed upgrades on the stake.link’s staking program, the platform announced that it will be migrating its stSDL (staked SDL) receipt tokens to reSDL (reward escrow SDL).

    Notably, reSDL (reward escrow SDL) represents an NFT version of the SDL token. According to the protocol, it has sought to make this upgrade as a way to promote engagements and participation on the platform for a long-term basis. This it will achieve by increasing boosts and governance votes via the use of reSDL.

    AI-powered chatbot, “SergAI”

    The last on stake.link’s list of potential upgrades is the launch of an AI-powered chatbot, dubbed “SergAI”. Being a major operator in the Chainlink ecosystem, stake.link has launched SergAI to solve the curiosities of users regarding the platform.

    As such, SergAI has been designed to answer questions concerning topics and features provided on the platform. Some of these topics may relate to the liquid staking thresholds, the priority pool, and how receipt tokens operate.

    stake.link as Chainlink’s Liquid Staking Protocol 

    As a top-rated liquid staking protocol dedicated to Chainlink, stakelink provides users with exclusive staking rewards. Within the Chainlink ecosystem, stake.link operates as a delegated staking pool with more than 15 top Chainlink node operators. The protocol allows users to earn stLINK tokens after they deposit LINK. Meanwhile,the stLINK tokens provide them with rewards from node fees and blockchain rewards. 

    Standing out as the pioneer and sole option for Chainlink holders seeking liquid staking yields, stake.link has been making new waves to outshine other staking options available on the Chainlink ecosystem. Other staking options provided on Chainlink include, Frax Finance, Rocket Pool, and Lido Finance.

  • The Open Network (TON) Foundation engages Chainbase and Tencent Cloud for Web3 development and adoption

    The Open Network (TON) Foundation engages Chainbase and Tencent Cloud for Web3 development and adoption

    Zug, Switzerland, September 21st, 2023, Chainwire

    The partnership entails an enterprise node deployment service offered by Chainbase

    The Open Network (TON) Foundation has partnered with Chainbase and Tencent Cloud to simplify blockchain development as the Foundation ushers in the next era of Web3 mass adoption across the Asia-Pacific region. 

    As one of the world’s leading cloud providers, Tencent Cloud offers reliable computing resources and optimized network connectivity through its global cloud infrastructure. Tencent Cloud has already successfully supported TON validators and plans to expand its services further to help meet TON’s high compute intensity and network bandwidth needs. Tencent Cloud and TON Foundation are devoted to supporting web applications and bots built within Telegram. For example, Telegram games built on TON can benefit from Tencent Cloud’s enriched gaming solution and reference cases. For all projects built on TON, Tencent Cloud will offer, subject to approval, a dedicated amount of cloud credits and product discounts, made available through the Tencent Cloud Startup Program.

    TON Foundation offers an enterprise-ready blockchain system built for large-scale Web3 applications featuring near-instant transaction speeds, highly reliable connectivity, low latency, and low fees. TON Foundation’s support for the launch of Wallet in Telegram, an integral piece of the Web3 ecosystem infrastructure, is a clear demonstration of this. Today, TON is well suited to cultivate growth in emerging markets like the Asia-Pacific region, as developers are able to leverage the tools provided by Tencent Cloud and TON to acquire and onboard users, ensuring a familiar, intuitive, and natural user experience.

    Leveraging their extensive experience in data indexing and querying, Chainbase will offer the first data indexing product on TON. This will allow for the free utilization, querying, and analysis of all TON data per developers’ unique use cases. Chainbase’s enterprise node deployment service will deliver low-latency and highly reliable blockchain connectivity for Web3 projects and developers on TON, empowering them to achieve more with less effort.

    “We share the goal of making these services available soon via Tencent Cloud,” said Chris, COO of Chainbase. “Soon, we’ll be providing a readily accessible gateway to TON for millions of developers and end users. Through this strategic partnership, Chainbase aims to facilitate frictionless adoption across the thriving APAC blockchain landscape.”

    “Our collaboration with Tencent Cloud is the latest milestone in our journey to accelerate the global adoption of blockchain technology. By joining forces, we can leverage our combined expertise to drive the development of technological solutions built on-chain,” said Justin Hyun, Head of Growth at TON Foundation. “We are committed to working closely together with Chainbase and Tencent Cloud to provide developers with the tools that they need to deliver transformative TON-based solutions to industries and users worldwide.”

    This partnership aims to simplify blockchain development and elevate user experiences across various industries. Projects interested in learning more about integrations through Chainbase and Tencent Cloud may contact TON Foundation directly via Telegram.

    About TON Foundation:

    The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland in 2023. TON Foundation is 100% funded by the community, acting in the community’s interests, and supports initiatives aligned with The Open Network’s mission. Learn more at https://ton.foundation.

    About The Open Network (TON):

    The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem in Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets. See more at https://ton.org/.

    About Chainbase

    Chainbase is an all-in-one data infrastructure for Web3 that allows you to index, transform, and use on-chain data at scale through diverse tools we provide, such as pre-defined APIs, SQL studio, data syncing, subgraph hosting, and more. With an OPEN, FAST, RELIABLE platform, and a suite of seamless developer tools, Chainbase’s ultimate goal is to increase data freedom in the crypto and unleash better data utilization and full data ownership. More than 5,000 developers actively utilize our platform as their data backend and integrate our service into their main workflow. Additionally, we are working with ~10 top-tier public chains as first-tier validators and managing over US $500Mn tokens as a validator node provider. Find out more at: chainbase.com

    About Tencent Cloud

    Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. As for Web3, Tencent Cloud is committed to helping builders accelerate the adoption of decentralized technology, with our connections with global Web3 ecosystem players, and our simple, secure tools and cloud infrastructure.

    Find out more at: https://www.tencentcloud.com/solutions/web3

    Contact

    TON Foundation
    ton@theagencypartnership.com

  • Metacade Tokens Opened Up to Millions More Investors via Bitget Exchange Listing

    Metacade Tokens Opened Up to Millions More Investors via Bitget Exchange Listing

    London, United Kingdom, September 20th, 2023, Chainwire

    Metacade, the world’s first community-led gaming platform, has confirmed it will list its token, MCADE, on Bitget on the 20th of September – a strategic move welcomed by investors as it accompanies a number of recent announcements about new collaborations and product updates.

    Bitget is a popular global exchange with over 20 million users and, at the time of writing, a 24 hour spot trading volume of over $420M. This ranks it amongst the top 15 exchanges by trading volume on CMC. The move opens up MCADE to a substantial pool of new investors and traders across the world.

    To complement the listing and in the spirit of fun, Bitget recently shared a gleam giveaway on their Twitter page, confirming rumors of the listing and offering investors the opportunity to win $58,900 MCADE tokens. 

    Metacade’s CEO Russell Bennett, expressed that: 

    “Metacade’s momentum continues to increase and I am confident that we’re perfectly positioned for a strong Q4. Things are moving quickly and this listing accompanies a series of announcements we’ll be releasing that reflect the progress we’ve made against delivering on our project roadmap. The listing on Bitget stands to benefit our substantial community of token holders as the MCADE token will get huge new exposure to potential investors from Bitget’s user base”. 

    Metacade is also available to trade on Uniswap, Bitmart and Coinstore.

    Building and Developing Partnerships for Long Term Growth

    After a highly successful presale earlier this year that concluded with a final fundraising total of $16.4 million in April, Metacade has been consistently strengthening its value proposition through a series of fresh collaborations. These include partnerships with gaming studios and the exploration of novel approaches to cross-chain strategy and gaming adoption by integrating with new blockchain technologies.

    The project’s mainnet launch is scheduled for the end of October, when the first pay-to-play games will go live in partnership with Metastudio, who has been working with Metacade since earlier this year when they launched their Rune Realms game and NFT collection. Moving to mainnet will see the brand’s games hosted on the revamped Metacade platform, unlocking significant potential for collaboration on new blockchains.

    Moreover, Metacade’s ambitious initiatives will receive substantial support through their collaboration with Phenoms agency. Phenoms specializes in collaborating with micro-influencers, which will facilitate widespread adoption of the games featured on the platform. This partnership will also play a pivotal role in assisting the Metacade team in onboarding new gamers and executing large-scale project launches.

    About Metacade

    Metacade aims to supercharge, reward, and connect developers and players, providing an unfair advantage through plug-and-play community initiatives and testing, early access, dev-player collaboration, financial rewards, gigs, accolades, and a thriving ecosystem, all in a seamless, enjoyable platform.

    It aims to become the premier gaming platform that empowers developers and players, providing unparalleled opportunities for growth and collaboration. 

    For more information: Website | Whitepaper | Socials

    Contact

    CEO
    Russell Bennett
    Metacade
    pr@metacade.co

  • Algorand Foundation Announces Build-A-Bull Hackathon in collaboration with AWS

    Algorand Foundation Announces Build-A-Bull Hackathon in collaboration with AWS

    Singapore, Singapore, September 20th, 2023, Chainwire

    Registration is now open for global hackathon with $200,000 in prizes across five tracks

    The Algorand Foundation, the organization focused on growing the ecosystem for the world’s most advanced, secure and reliable layer-1 blockchain, announces the opening of registration for Build-A-Bull, a global virtual hackathon with $200,000 (USD) in prizes. The hackathon, powered by Algorand Ventures and in collaboration with AWS, will run from October 18 through November 15, 2023. Registration is free and open to anyone. 

    Build-A-Bull is a hackathon to create consumer-friendly applications using the power and scalability of the Algorand blockchain. Spanning four weeks, the hackathon offers an opportunity for committed developers and entrepreneurs to conceive a business concept, accelerate it though the development phase, and to ultimately present a final product to a panel of expert judges. Throughout the process, participants will receive matchmaking, tooling, support, and mentorship to help bring their ideas to life. 

    “With Build-A-Bull, we expect to attract a new wave of promising builders to come into the Algorand ecosystem,” says Ryan Terribilini, EVP of Algorand Ventures. “We are looking for high-potential, investible startups and founders to bring innovative projects to the Algorand blockchain, and we are confident that the resources and exposure of participating in Build-A-Bull will catalyze this next generation of Algorand builders.” 

    The hackathon includes five tracks:

    • Defi, presented by Circle
    • Gaming, presented by Unity
    • Consumer, presented by Amazon Web Services (AWS)
    • Interoperability, presented by Wormhole
    • Impact, presented by Algorand Foundation 

    The winner of each track will receive $25,000 and will be invited to pitch to investors on a ‘demo day,’ with a public on-chain vote determining an additional $10,000 Grand Prize, as well as $25,000 in AWS credits. The second and third-place winner of each track will receive $10,000 and $5,000 respectively. A bonus University Prize of $5,000 will be awarded by the judges. 

    The judging panel is comprised of industry leaders and investors including QCP Capital, DWF Ventures, and Blockchain Capital. 

    Projects will be evaluated by the following criteria: the skillset and strength of the team, the design and interface of the project, the quality of the pitch, and the viability of market adoption.

    For more information, and to register, please visit: algorand.foundation/build-a-bull-hackathon

    About Algorand Foundation 

    The Algorand Foundation is dedicated to helping fulfill the global promise of the Algorand blockchain by taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem. Designed by MIT professor and Turing Award-winning cryptographer Silvio Micali, Algorand achieves transaction throughputs at the speed of traditional finance, but with immediate finality, near zero transaction costs, and on a 24/7 basis. For more information, please visit https://algorand.foundation.  

    Contact

    Eric D
    Algorand Foundation
    eric.d@algorand.foundation

  • OKX Achieves SOC 2 Type II Certification, Demonstrating its Industry-Leading User Safety, Security and Compliance Standards

    OKX Achieves SOC 2 Type II Certification, Demonstrating its Industry-Leading User Safety, Security and Compliance Standards

    Hong Kong, Hong Kong, September 20th, 2023, Chainwire

    OKX, a leading crypto exchange and Web3 technology company, today announced that it has successfully completed the Service Organization Control (SOC) 2 Type II audit, demonstrating that the company’s processes for governing its services, managing sensitive data and protecting data privacy meet the highest global standards.

    The internationally recognized SOC 2 Type II report, a framework developed by the American Institute of Certified Public Accountants, is one of the most comprehensive audits in the market. The report, completed by an independent external auditor, reviews a company’s policies, procedures and controls over an extended period of time.

    Achieving SOC 2 Type II certification is a testament to OKX’s unwavering efforts in ensuring the highest possible standards of safety, security and compliance. It also mirrors OKX’s core operating philosophy and commitment to security, transparency and trust.

    This certification underscores the protocols and safety measures OKX has implemented to ensure a premium experience on its industry-leading platform. Moreover, these measures affirm that OKX’s infrastructure specifications, service availability and robustness adhere to stringent criteria, solidifying its position as one of the world’s most secure platforms.

    OKX President Hong Fang said: “Completing the SOC 2 Type II audit is an important achievement for OKX, because of the reassurance it provides to all our users, and the diligence and time commitment required in the pursuit of this certification. It demonstrates that OKX is operating at standards comparable to tech giants and traditional finance services firms, as well as our commitment to implementing such standards and practices throughout OKX’s global operations. OKX’s goal is to build the world’s most secure and reliable Web3 ecosystem, and this latest milestone is another crucial step towards our vision.”

    About OKX

    OKX is a leading global crypto exchange and Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.

    As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

    Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

    OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

    To learn more about OKX, download our app or visit: okx.com

    Disclaimer

    This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Please consult your legal/tax/investment professional for questions about your specific circumstances.

    Contact

    Media
    media@okx.com