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  • B2BinPay Updates to Version 17: Payment Options Upgrade, Increased Efficiency, Improved UX

    B2BinPay Updates to Version 17: Payment Options Upgrade, Increased Efficiency, Improved UX

    B2BinPay, the trusted global cryptocurrency payments provider for merchants and enterprises, announced the release of version 17 of its solution. This new edition builds on the company’s existing capabilities with features, improvements and fixes designed to improve client transaction experiences.

    Addition of EUROC and TUSD for Merchant Clients

    In a volatile market, stablecoins provide a sense of predictability and security. Previously, B2BinPay offered settlements in five major currencies (BTC, USDT, USDC, USD, and EUR) to their merchant clients. Recognising the need for more diverse and stable transaction options, the B2BinPay team has expanded the scope by including TrueUSD and Euro Coin in the Merchant Wallets.

    These new additions are compatible with multiple token standards, specifically ERC20, BEP20, and TRC20, providing merchants with greater flexibility in managing payments and settlements for their clients. The new payment options will allow merchants to accept payments in seven key currencies in a much more streamlined manner. By offering such a diverse array of payment options to their customers, businesses can ensure they are providing the most efficient checkout experience possible.

    EUROC is a Euro-backed stablecoin. Developed by Circle, the company behind USDC – a stablecoin boasting a market cap of over $25 billion, EUROC provides an efficient payment system for businesses within the Eurozone.

    A Wider Range of Currencies for Enterprise Clients

    B2BinPay Enterprise continues to develop its ecosystem, adding valuable features with the recent release of v17. This update primarily benefits corporate institutions and other business entities that prefer to work exclusively with cryptocurrencies.

    The new version boasts expanded currency support, introducing 14 new stablecoins and 113 new tokens across various blockchains, such as TRON, Binance Smart Chain, Ethereum, and more.

    With this infusion of new tokens and currencies in its arsenal of business options, B2BinPay Enterprise presents the perfect opportunity for clients to maximise their revenue streams and reach new markets.

    Updated Price Structure

    This new update also brings a greatly revised cost structure to make it more competitive within the industry.

    Merchants now only pay a setup fee of $500, and commissions have been lowered from 0.5% to 0.4%. Additional commission tiers are available, which decrease up to 0.25%.

    For enterprise wallets, an even greater reduction has been made. Clients now only pay $1000 (instead of $1500) for the setup fee and get activation for smart contracts on Ethereum, Binance Smart Chain, and TRON, as well as wallets for Ripple, Stellar, and Binance Coin. The commission tiers start at 0.4% and go all the way down to 0.05%, making it a great value proposition.

    The new version of the platform ensures that clients will have a complete solution offering great value for money without any hidden or extra charges.

    Improved UX and UI

    The Rates Tab has been improved to offer users a more streamlined experience, with new and enhanced filtering options based on currency types, an alphabetical search function and a favourites section. In addition, the platform now provides detailed onboarding notes for guidance and explanation for both novice and experienced users.

    Furthermore, payout fees can be displayed in the user’s default currency, and they can even enter custom fee amounts to increase transparency around transaction costs further.

    Usability Adjustments and Functional Enhancements

    B2BinPay has made numerous improvements to its platform in order to improve user experience. These changes include added dropdown menus with sorting by currency type and active state, as well as a search function.

    Additionally, invoices no longer have an expiration limit of 7 days, and email notifications have been added for reports. For those who need to manage their wallets more efficiently, a new ‘Delete Wallet’ button has been added to allow users to remove wallets with no deposits and a zero balance.

    Enterprise users can now sort on wallet tables according to ID and currency type. Moreover, QR code generation has been improved by adding token icons as an additional layer above the QR code. Finally, users now have the freedom to add or remove individual IPs from their whitelist and a password confirmation window will appear in a modal when they do so.

    Improved Customer Support and Consistent Performance on All Devices

    B2BinPay has taken steps to improve its customer experience by adding a real-time notification system to its Helpdesk. This system is designed to ensure customers are kept up-to-date with new messages from support tickets, featuring an “unread counter” that displays the amount of unread tickets.

    Final Remarks

    The recent launch of B2BinPay v17 is a major milestone in the company’s long-term commitment to innovation and customer satisfaction. Through this update, both enterprise and merchant users can now enjoy an enhanced experience with more features and improved usability. The company is already working on Versions 18 and 19 to keep up with the ever-changing needs of its diverse client base. B2BinPay has also strengthened its ties with Ledger to produce custom-branded wallets for customers, as well as became a sponsor of the Athletic Club for the 2023/2024 La Liga season. These steps testify to the company’s dedication to increasing mainstream crypto adoption and providing the best products and services available.

  • Unlocking a New Class of Investment: How Arkefi is Revolutionizing Access to High-Value Collectibles

    Unlocking a New Class of Investment: How Arkefi is Revolutionizing Access to High-Value Collectibles

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    Key highlights:

    • Arkefi is making it dirt easy to get your hands on prestigious artworks that used to be reserved for only the mega rich.
    • They use blockchain tech to let regular folks buy tiny partial ownership slices of sculptures starting at just $100.
    • On one hand, they’ve got art experts curating only the best, highest quality pieces stored in elite vaults. But on the other hand, they unleash the power of crypto to make these usually “illiquid” artworks liquid and tradable anytime on their slick platform.

    The exclusive realm of art, car, and luxury collectible investing is undergoing a seismic shift thanks to emerging Web3 technology and decentralized finance (DeFi). AllianceBlock, a leading decentralized tokenized markets infrastructure provider, recently introduced Arkefi, a next-generation real-world asset (RWA) investment platform built on the Avalanche blockchain ecosystem.

    With the seasoned art investment expertise of ARTBANX as its backbone, Arkefi aims to transform RWA investing for both crypto investors and high-net-worth individuals (HNWIs). Its unique approach provides accessible, transparent, and profitable opportunities to invest in high-value assets like exclusive art, cars, and collectibles.

    Democratizing access to prestigious art investments

    Arkefi’s inaugural collectible investment opportunity features acclaimed installation artist Danh Vō. Based in New York City’s vibrant contemporary art scene, Vō has showcased his conceptual work globally at exclusive venues like the Guggenheim Museum and La Biennale di Venezia.

    Impressively, his artworks have achieved consistent annual price appreciation exceeding 10% over the years. Despite such exclusive pedigree, Arkefi enables investments in Vō’s work for as little as $100, welcoming both HNWIs and regular investors. This highlights Arkefi’s commitment to democratizing access to prestigious art investments traditionally reserved for the ultra-wealthy.

    Unlocking true potential of RWAs with blockchain technology

    To deliver such accessibility while retaining value, Arkefi leverages the unique strengths of blockchain technology and DeFi solutions. It creates “digital twins” of tangible assets like artworks via tokenization, enabling fractional ownership and investment.

    For instance, buyers can purchase partial ownership stakes in the tokenized representation of a Vō sculpture on-chain. This approach unlocks the liquidity of traditionally illiquid RWAs like art, allowing small-ticket investors exposure to this asset class.

    Arkefi’s elegant fusion of ARTBANX’s real-world art investment expertise and AllianceBlock’s blockchain proficiency paves the way for the wider adoption of RWAs in decentralized finance.

     Intuitive platform design for seamless investing

    Ease of use is integral to Arkefi’s appeal. The platform offers step-by-step guidance for investors with no prior blockchain experience. Users need only connect a digital wallet like MetaMask to start investing.

    Once purchased, fractionalized art ownership stakes are directly added to the investor’s wallet. The intuitive design philosophy makes Arkefi investment seamless for individuals across the spectrum.

    Curation and preservation: Core pillars of the Arkefi difference

    Arkefi also differentiates itself through its meticulous curation and diligent preservation of listed artworks, underscoring its credibility. Only pieces meeting extremely selective criteria securely store in bonded warehouses, ensuring asset integrity.

    Sellers can use their collections as collateral for liquidity, with the art tokenized and listed on Arkefi for funding. If unsold, ownership transfers to buyers, unlocking profit potential from prestige art that is continually appreciating in value.

    The future of RWA investing powered by AllianceBlock and Arkefi

    Arkefi’s launch represents a watershed moment for AllianceBlock’s mission to spearhead the decentralized tokenized economy. The platform’s user-friendly and profitable approach to premier art investment also heralds an exciting new direction for the wider adoption of blockchain technology.

    Upcoming enhancements to augment Arkefi’s capabilities include integration with AllianceBlock’s compliance solution NexeraID, secondary markets for trading tokenized assets, dynamic pricing mechanisms, and insurance pools. This will further augment the platform’s sophistication and versatility.

    AllianceBlock’s Matthijs de Vries concluded: “By synergizing our pioneering tokenization infrastructure with ARTBANX’s real-world expertise, Arkefi democratizes access to this prestigious asset class for the masses in an equitable and efficient way.”

    As Arkefi continues to unlock the advantages of blockchain for RWA investing, the future looks bright for both decentralized finance and high-value collectibles. For investors, easy access to wealth preservation and profit potential awaits.

  • Fintech in the Kingdom of Saudi Arabia – Revel in the Movement

    Fintech in the Kingdom of Saudi Arabia – Revel in the Movement

    Amongst esteemed Partners such as Kyndryl – the world’s largest IT infrastructure services provider – Verve Management is thrilled to announce an unmissable opportunity for banking professionals to delve  into the world of fintech technology and banking innovation – the Future Banks Summit & Awards KSA  at the Riyadh Marriott Hotel, Saudi Arabia on September 11th & 12th. 

    With successive advancements in digitalization within the financial sector, the 4th Annual Future Banks  Summit this year will take on a whole host of thought leaders, experts, and enthusiasts, focused on the  conversation surrounding technological empowerment in The Kingdom. 

    Promising an array of insightful discussions and interactions, attendees can expect to dive into topics  surrounding the realms of; Blockchain and Cryptocurrencies, AI and Machine Learning in Finance,  RegTech, Compliance, API Innovation, and Open Banking. 

    Verve Management is setting out to unveil an extraordinary roster of speakers at the Future Banks  Summit this year, amongst whom are: 

    • Fionnuala Morris – Vice President and Managing Director, Kyndryl Middle East
    • Ahmed Darwish – Head of Digital Delivery, Bank Albilad 
    • Ali Al Ghamdi – Director of Digital Banking Operations, Bank Saudi Fransi
    • Osama Bukhari – CEO, The Saudi International Chambers of Commerce
    • Issa Al Hurimmeess – Country Head MSB & Small Business, Al Rajhi Bank
    • Abdullah Alshahrani – Business Development & Digital Transformation Director, Tamweel  Aloula 
    • Abdullah Alghofaily – VP Digital, LIV-KSA 
    • Fahad Al Juwaidi – CEO, First Abu Dhabi Bank – KSA 

    “Saudi Arabia is witnessing a remarkable stride in digital transformation within its financial services  sector,” says Fionnuala Morris. “At Kyndryl, we take immense pride in supporting the evolution of the  sector and being the partner of choice to some of the leading players in the Kingdom as they advance on  their digital journeys.”. 

    Each attendee brings in an invaluable perspective, fostering an atmosphere surrounding knowledge,  collaboration, and trends that are vital to the transformation and Saudi’s Vision 2030. Secure a spot now and witness the conversation, first-hand. 

    Register now by reaching out at info@verve-management.com, and visit the website ksa.futurebanksummit.com. 

    For media inquiries and interview requests, please contact: 

    Isha Surve (isha@verve-management.com) 

    Marketing Executive 

    Verve Management UAE

  • TON Foundation Founded in Switzerland as a Non-Profit Organization

    TON Foundation Founded in Switzerland as a Non-Profit Organization

    Zug, Switzerland, September 6th, 2023, Chainwire

    The Open Network Foundation (TON Foundation), the non-profit association supporting the growth of The Open Network (TON), announces its official launch as a Swiss non-profit organization. Switzerland is known for its rich history of technological innovations across multiple industries, including its clear and precise legal framework surrounding blockchain and cryptocurrency. The country’s regulatory clarity is vital to the long-term planning, strategy, and execution of TON Foundation’s mission in supporting the TON ecosystem.

    “This marks the next chapter for the Toncoin community,” said Steve Yun, President of TON Foundation. “At the service of our community, TON Foundation will pursue strong governance and transparency under the guidance of Swiss regulations.”

    The launch of TON Foundation’s Swiss organization coincides with a series of upcoming initiatives, including a carefully planned series of enterprise partnerships and integrations to incentivize developer acquisition, user participation, and network growth. By Q4 of 2023, a publicly available roadmap on the newly launched www.ton.foundation website will guide the Foundation’s endeavors to educate the public, empower development, and exercise ecosystem expansion on TON.

    With the launch, the Foundation commits to providing detailed transparency reports that comprehensively outline the tokenomics of Toncoin and the historical distribution of tokens. These reports will offer insights into token issuance, partnership allocation, development, community incentives, and the breakdown of assets used for operational expenses and ecosystem growth.

    As part of its ongoing commitment to openness and clarity, TON Foundation will host an annual event entitled Gateway to proactively listen to and engage with the TON community directly. We invite our community and partners to join us in person at Gateway to engage in productive discussions and collaborative initiatives across privacy, ownership, finance, gaming, collectibles, and tons more.

    About TON Foundation

    The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland committed to supporting The Open Network (TON). TON Foundation is 100% funded by the community and acts for the community to achieve TON’s mission.

    For more information visit TON Foundation’s: Official Website | Linkedin | Twitter | Telegram

    About The Open Network (TON)

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

    Contact

    TON Foundation
    ton@theagencypartnership.com

  • Opportunities & Developments Within The Greek Gaming Market – Here’s What You Need To Know

    Opportunities & Developments Within The Greek Gaming Market – Here’s What You Need To Know

    In the midst of the Mediterranean’s azure waters, Greece’s allure shines with an irresistible blend of ancient history, sun-soaked beaches, and vibrant culture. Beneath this captivating surface, Greece embraces modernity and innovation, with remarkable shifts across various sectors, including the dynamic iGaming landscape.

    The iGaming landscape in Greece is at the cusp of remarkable expansion, driven by changes characterised by innovation and backed by a commitment to responsible gaming. The Greek iGaming market is set to reach €1.2 billion by 2025, achieving an impressive CAGR (compound annual growth rate) of 14% from 2020 to 2025. This surge is fueled by the escalating popularity of iGaming in Greece.

    Anastasios Belesis, seasoned Lotteries Consultant, draws upon his extensive experience to provide valuable insights into the potential of the Greek Gaming Market.

    “The Greek gaming market has demonstrated a remarkable rebound from the Covid-19 imposed restrictions. GGR (Gross Gaming Revenue) increased over 26% from 2021 to 2022 and will increase further in 2023. Whereas online gaming shows a steady growth, retail sales are also increasing. The healthy mix between online and retail is the driving growth factor for the upcoming years.”

    • Anastasios Belesis, Senior Lotteries Consultant

    Greece’s iGaming market on the rise – Now is the time to enter

    Greek iGaming players are drawn to exciting games with the potential for big wins – Casino games and sports betting are the most popular, and the rise of in-play betting caters to players’ real-time engagement. Crash games are also gaining ground for their simplicity and high payouts. Operators are subsequently taking steps to ensure that responsible gaming remains a priority, measures such as information dissemination, spending limits and self-exclusion options have been implemented. This reflects in the steadfast governmental commitment to responsible growth and innovation.

    Beneath Greece’s rich cultural heritage lies an evolving iGaming landscape, brimming with promise. Revealing an industry undergoing profound transformation, there has been a seismic shift toward in-play betting that is reshaping the Greek market, accounting for a staggering 76% turnover in 2022. This trend is echoed in gross gaming revenue, where in-play commands 79.5% of the share. It’s a testament to the synergy between regulatory evolution and dynamic player inclinations, propelling Greece toward an era of unprecedented iGaming growth.

    Committed To Responsible Gaming

    This thriving Eastern-European iGaming hub is setting new standards for responsible gaming. The country is following in the footsteps of other European countries, such as the United Kingdom and Malta, which have implemented strict regulations and taken a proactive approach to responsible gaming. This has helped to create a sustainable and growing iGaming market in these countries. Propelled by the European Esports and Integrity Coalition (EEEP), a transformative responsible gambling framework is being forged. The pursuit of player well-being has resulted in integrated systems, training protocols, and a comprehensive player registry. Greece’s commitment to fostering integrity and safeguarding vulnerable players resonates through this endeavour.

    Latest industry developments in Greek iGaming

    Notable shifts in the iGaming landscape have paved the way for brands such as Soft2Bet to enter the Greek market, underscoring the market’s allure amidst 17 licensed operators aiming for superior gaming experiences. Kaizen Gaming, known for its innovation, has partnered with leading operator Stoiximan, expanding its reach to a broader customer base. Notably, Kaizen Gaming is also expanding its range of live dealer games, in response to the growing demand of this in the Greek iGaming market. Both Stoiximan and Bet365 have diverse product offerings, including a wide range of casino games, sports betting, and other iGaming products. This and their commitment to responsible gaming further distinguish them. Positioned to seize these trends, companies like these epitomise Greece’s iGaming evolution, inviting stakeholders to embrace this dynamic transformation.

    Regulatory Progress – Greece’s journey to secure A Thriving iGaming Market

    In 2021, Greece embarked on a transformative journey through comprehensive legislation. This landmark move established a regulated market overseen by the Hellenic Gaming Commission, introducing stringent requirements including licences and rigorous financial and technical benchmarks.

    The Greek iGaming market is growing rapidly:

    •  Law 4726/2020, passed by the Greek Parliament in July 2021 for the legalisation of iGaming
    • Unsurprisingly mobile gaming is becoming increasingly popular in Greece – with 60% of Greek iGaming players using mobile devices to access iGaming products and services
    • iGaming operators are required to have a physical presence in Greece with a clear regulatory framework.

    Your Platform To Connect With The Greek Market

    The rapid growth of the Greek iGaming market presents a number of opportunities for businesses to get involved, as there is a strong demand for innovative products and services. In this environment, the 3rd Annual Edition of the Gaming & Affiliate Marketing Event (GAME) 2023 emerges as the definitive platform to seize these opportunities.

    As the Greek iGaming market accelerates, GAME Greece stands as the linchpin that transforms insights into action. Hosted at the magnificent Electra Palace Athens from 19 – 20 October 2023. Eventus International is curating an assembly of the industry’s foremost experts and thought leaders. Don’t miss the opportunity to secure your spot at an event that promises intimate networking, enlightenment, and a launchpad for innovation that will shape the future of the iGaming landscape. https://www.eventus-international.com/game

  • Anoma Foundation Announces Namada Mainnet at the Korea Blockchain Week in Seoul

    Anoma Foundation Announces Namada Mainnet at the Korea Blockchain Week in Seoul

    anoma namada

    Namada, a groundbreaking Layer-1 blockchain protocol, specializes in enhancing privacy across various blockchain networks. What sets Namada apart is its ingenious utilization of zero-knowledge cryptography, a sophisticated method that encrypts and protects transaction information, ensuring that it remains confidential and secure as it moves across different parts of the blockchain network.

    The Anoma Foundation, a non-profit in the blockchain world, has just revealed exciting plans for its Anoma mainnet. One of Namada’s founders, Awa Sun Yin, made the big announcement at Korea Blockchain Week in Seoul.

    Redefining blockchain privacy

    Namada does something very different from other programs. It lets you add secret protection to things you already have on the Blockchain space. This means you can keep your stuff private, even if the existing blockchain assets or applications lack built-in privacy features. It does this with something called “shielded actions,” which are like secret pathways that allow data to move securely across various blockchain platforms and applications.

    Awa Sun Yin, one of Namada’s creators, talked about why this is important.

    “The lack of privacy in crypto is becoming an existentially threatening centralization point. In recent years, we’ve seen large improvements In cryptography, combined with a more mature and growing multichain landscape – making it Possible to make the best privacy accessible for any user. At this point, making privacy practical for anyone in crypto is no longer rocket science – it’s a matter of prioritization.”

    Heliax, which is the blockchain research and development firm behind both Anoma and Namada, have reached noteworthy milestones. It coordinated one of the biggest setup ceremonies till date, attracting over 2500 participants in December 2022. Namada also did really well in tests, with more than 200 big organizations and regular users checking it out.

    What lies ahead?

    Keep an eye out for more news about Namada’s official start, what they plan to do next, its roadmap to the mainnet, the economics of its native token, and its genesis proposal. The Anoma Foundation is all about making the Blockchain more private and giving everyone a chance to use it safely.

  • Investors Flock from SUI to VC Spectra (SPCT): The New Crypto Phenomenon Explained

    Investors Flock from SUI to VC Spectra (SPCT): The New Crypto Phenomenon Explained

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    Despite some short-term ups and downs, the Sui crypto project has performed quite well in usage this year. Yet, after the latest token unlock, investors have slowly shifted towards the new kid on the block, VC Spectra (SPCT). This phenomenal decentralized finance (DeFi) service has grown leaps and bounds, from raising $2.4 million in a private sale to selling close to 300 million tokens in its public presale.

    Discover more about VC Spectra (SPCT) after we’ve uncovered the recent happenings with Sui.

    AnchorSui (SUI) In Bearish Territory Following 35.6 Million Token Unlock

    Sui is down 32% since August 24, 2023, from $0.62 to $0.52. Investors may have begun selling ahead of the token unlock, which finally occurred on September 03, 2023. Here, Sui released a massive 35.6 million tokens worth about $18.7 million. These events are often bearish, particularly if the supply far outweighs the demand.

    In this case, Sui unlocked nearly 10% of its circulating supply. Moreover, Sui will unfreeze another mass amount of tokens later in the month, which could see the price trend lower. While Sui’s demand has declined over the past few weeks, the project shows 6-month uptrends in fundamentals like active addresses and transactions.

    Despite the temporary sell-offs, this project remains amid the altcoins to watch, with 2024 Sui crypto price estimates indicating at least $1.

    VC Spectra (SPCT) is another name deserving a mention in the discussion of top altcoins. Let’s find out why.

    AnchorEarly Adopters In VC Spectra (SPCT) Look Forward To 220% Gains

    The potency of DeFi has made it accessible for anyone to invest in promising projects regardless of their wealth, experience, or origin. Coupled with the expansive adoption of blockchain and technology, one has a recipe for success. VC Spectra (SPCT) is an innovative decentralized hedge fund and trading platform for new companies in the mentioned markets.

    It is built atop Ethereum (ETH), leveraging the security and cryptography of arguably the most powerful distributed ledger. A key element of VC Spectra (SPCT) is smart contracts that make the platform trustless, meaning it functions without third-party oversight. So, everything from the profit allocation to the storage of funds happens automatically, resulting in a seamless investing platform.

    Each project funded by VC Spectra (SPCT) will be guided by an adept team with the proper due diligence to choose those with the best chances of success. What’s more, the platform plans to manage any risks by applying a wide range of advanced trading strategies, some of which use machine learning. Thus, it’s evident that all users need to do is simply relax and invest while VC Spectra (SPCT) grows its investment over time.

    Here, you need the Spectra token (SPCT), the protocol’s deflationary utility token that offers:

    • Voting rights, where the community governs the platform’s developments.
    • Exclusive access to discounted ICOs before they are public knowledge
    • Dividends through buybacks

    Get involved now while SPCT trades for $0.025 in Stage 3 of the presale, which will rise 32% to $0.033 in Stage 4. VC Spectra (SPCT) is set to pay the first dividends once the presale is complete. This will also be when the token is worth $0.08, meaning a 220% ROI for early adopters.

    Thus, VC Spectra (SPCT) should offer enough motivation as the best crypto investment for your money.

    Learn more about the VC Spectra presale here:

    Buy Presale: https://invest.vcspectra.io/login

    Website: https://vcspectra.io 

    Telegram: https://t.me/VCSpectra

    Twitter: https://twitter.com/spectravcfund

    Disclaimer: This is a paid-for sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

  • D3 Raises $5 Million to Revolutionize Domain Names on the Web3 Frontier

    D3 Raises $5 Million to Revolutionize Domain Names on the Web3 Frontier

    metamask doman names

    Key highlights:

    • This startup called D3 has figured out a way to take domain names and revolutionize how we use them.
    • D3 wants to change all that by creating next-generation domains that work with cutting-edge blockchain tech.
    • This will let you do seriously cool stuff like using your domain name as a login, wallet, or communication identity across any site online.

    Web3 startup D3 Global has announced a $5 million seed funding round led by blockchain investment firm Shima Capital to bring next-generation top-level domains (TLDs) and interconnected identities to the Domain Name System (DNS).

    Founded earlier this year by digital identity veteran Fred Hsu, D3 aims to modernize the decades-old system of domain names that underpins how we access information online. With its patent-pending technology, D3 plans to apply for new TLDs during the next application window with the Internet Corporation for Assigned Names and Numbers (ICANN) that offer enhanced security, functionality and compatibility with decentralized technologies.

    “The domain name industry is long overdue for disruption. D3 is perfectly positioned to drive this change and help usher the DNS into a new era of Web3,” said Yida Gao, Managing Partner at Shima Capital. “We have full confidence in Fred and the team’s vision to reimagine digital identities on the internet’s root layer through blockchain integration.”

    In conversation, Hsu passionately explained his view that domain names represent a massive yet vastly untapped real-world asset class. While domain investing is a billion-dollar industry, restrictive rules have stifled innovation and the ability to fully unlock their potential value.

    Establishing the infrastructure for Web3 identity

    D3 aims to break this mold with a novel approach. In addition to forthcoming next-gen TLDs, the company plans to launch the first-ever on-chain marketplace for trading major legacy extensions like .COM, .NET and. XYZ using their native tokenized formats. This move promises to bring much-needed liquidity and transparency to the domain aftermarket, cutting out predatory middlemen along the way.

    “Legacy domains sitting idle in portfolios could see new life if made blockchain-friendly. Our technology removes traditional pain points like escrow, transfer delays and lack of data visibility that have hindered the market.”

    —explained Hsu.

    How D3 aims to streamline digital identity online

    Beyond transactions, D3 domains promise to evolve how we utilize digital identities online. With built-in Web3 compatibility, these next-gen names could serve as secure wallets, login credentials, decentralized communication identities and more- even integrating seamlessly across browsers without additional plugins or extensions.

    The team draws inspiration from seeing how social recovery phrases have begun supplanting passwords for accounts. In the same vein, D3 domains aim to establish persistent, interoperable identities usable anywhere on the internet.

    “In the future, your D3 name might replace countless individual logins the way a passport substitutes ID cards at the airport.”

    —Fred Hsu

    Backed by leaders in the decentralized domain and digital identity space like Identity Digital founder Paul Stahura, D3 emerges as the first company serious about integrating blockchain within the IANA-regulated root of the DNS. With its field-tested team that helped expand the namespace with releases like .XYZ and .INC, D3 is well-positioned to drive this paradigm shift.

    As the startup closes out a successful seed round and kicks implementation into high gear, domain enthusiasts and Web3 pioneers alike watch with anticipation to see how D3 will revolutionize digital identities from the foundational architecture layer on up.

  • Oasys and XPLA’s Web3 Hackathon Showcases Innovation in Gaming and Blockchain Integration

    Oasys and XPLA’s Web3 Hackathon Showcases Innovation in Gaming and Blockchain Integration

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    Key highlights

    • “Beyond Boundaries” web3 hackathon concludes successfully in Seoul.
    • 163 participants form 90 teams, with 15 finalists showcasing innovative ideas.
    • Winning projects focus on enhancing blockchain interoperability and user experiences.

    Oasys and XPLA, with support from Com2uS, recently celebrated the end of their web3 hackathon, Beyond Boundaries, with a big event in Gangnam, Seoul on September 3, 2023. At this event, teams showed off their cool ideas.

    The hackathon got a lot of attention. 163 people joined in, and they formed 90 teams. Afterward, 15 teams got to show their stuff at the Demo Day. Nine teams came out as winners, with three from each group.

    Solving Complex Problems and Enhancing Gaming Experience

    This hackathon was a project between XPLA and Oasys. They wanted to solve tough problems in web3 and make games better. The event attracted many talented people who had new ideas.

    Judges picked winners based on different things like how well the ideas worked with blockchain, how creative they were, and if they could help people. The judges included experts from XPLA, Oasys, HAECHI LABS, Yooldo, Marblex, Xangle, GroundX, KDDI, Nexon, and Hashed.

    Paul Kim, from XPLA, was excited. He said:

    “The ideas brought forth at Beyond Boundaries will help in tightly integrating various mainnets, propelling the web3 industry and community forward. This hackathon brings us one step closer to realizing the boundless possibilities and future of web3.”

    Dominic Jang, Head of Business Development at Oasys, said,

    “It was indeed a great opportunity for game companies and chain operators to meet talented builders that readily are working on critical hurdles game companies and blockchain businesses face. It’s essential to tackle the hurdles to create the paths for game companies to use the blockchain technologies when deploying games.”

    Three-Part Hackaton

    The hackathon showcased an impressive array of innovative solutions across three distinct tracks, each pushing the boundaries of web3 technology.

    Track One: Integration Solution Idea/PoC between Layer 1 Nodes

    Third Place: Pandora developed a solution for obtaining desirable GameFi NFTs by combining non-fungible tokens from different L1s.

    Runner-up: Loot Adventures used ERC6551 technology to turn Loot NFTs into pseudo-wallets, allowing players to equip any NFT or FT for dungeon exploration and PvP combat.

    Winner: Toppin used ERC-6551 to sort profile NFTs from item NFTs, simplifying digital inventory navigation.

    Track Two: Ideas for Blockchain Coding Plugin Format (module genre: game, NFT)

    Third Place: Zero Protocol Team (ZPT) created a library for simplifying wallet implementation in Unity3D and HTML5 games.

    Second Place: Yours aimed to simplify web3 gaming by enabling NFT issuance, authentication, synthesis, and trading in one wallet UI/UX.

    Winner: LYNC developed an SDK for game developers to seamlessly integrate in-game assets into Unity and Unreal Engine.

    Track Three: Ideas on Know Your Customer (KYC) UX Improvement Solution

    Third Place: ARGOS offered a consolidated digital passport linking identity with blockchain wallets, simplifying KYC processes and Travel Rule compliance.

    Second Place: Gameforms provided KYC authentication to customers through survey questionnaires and in-game missions.

    Winner: Mines offered a comprehensive solution for managing accounts and wallets, allowing users to link their game accounts and perform KYC processes.

    The judges liked projects that explored used cases of ERC-6551. Two of the teams did that to enhance interoperability and user experience.

    Wrapping up

    Beyond Boundaries web3 hackathon, jointly organized by Oasys and XPLA with support from Com2uS, marks a significant milestone in the advancement of web3 technology. With its focus on solving complex problems, fostering innovation, and enhancing the gaming experience, this event highlights the growing potential and collaboration within the web3 community.