London, United Kingdom, December 19th, 2023, Chainwire

Alkimi, the world’s first decentralised ad exchange, has exited beta and now has advertisers and publishers buying and selling inventory through its blockchain-based programmatic platform. The launch of a custom consensus, distributed ledger and node platform marks a new era for digital advertising. It makes it possible to buy and sell advertising space in a completely decentralised manner through the blockchain infrastructure.

The mainnet Alkimi offers delivers performance enhancements, complete transparency, and greater efficiency in the digital advertising ecosystem. By cutting the fees from over 37% to between 3-5%, the cost of buying ads was reduced from $9.03 to $2.71, granting advertisers 212% more media while also increasing ad campaign performance by 19% in collaboration with the world’s largest media agencies and publishers.

Ben Putley, Alkimi CEO and Co-Founder, expressed how “I am thrilled to announce the launch of Alkimi Exchange’s mainnet, a pivotal moment in our journey to revolutionise digital advertising. In 2023, the digital ad spend is projected to be $678.9 billion, signifying the immense potential of this market. Alkimi Exchange will capture this potential by bringing a significant portion of digital ad spend on-chain via our exchange AlEx.”

For advertisers and media agencies, the mainnet presents a level of clarity and accountability in ad spend that was previously unattainable. Publishers, in contrast, are poised to benefit from a more streamlined and profitable approach to ad management and revenue generation, with a higher proportion of advertiser dollars being passed on to them, thus creating more value online.

A key feature of the new mainnet is the inclusion of a Liquidity Staking Derivative (LSD), allowing users to join a liquidity pool on Balancer and stake their LP tokens (stADS) on the user portal, labs.alkimi.org. This feature offers users the opportunity to ‘yield farm’ the internet.

The launch of this mainnet represents not just a technological advancement but a paradigm shift in how digital advertising is conducted. By harnessing blockchain technology, the company is setting new standards for transparency and performance in the industry, marking a significant step towards a future where digital advertising is more effective, transparent, and fair for all parties involved.

About Alkimi Exchange

Alkimi Exchange is a decentralised replacement to the inefficient legacy programmatic ad exchanges with the mission to restore the value exchange between advertisers, publishers and users. Alkimi Exchange is a custom layer 2 scaling solution on the Ethereum network, specifically for advertising — which allows us to provide the fastest, infinitely scalable solution with 0% fraud, low transaction fees and complete end-to-end transparency.

Learn more at www.alkimi.org.

Linkedin: https://www.linkedin.com/company/alkimi-exchange

Telegram: https://t.me/Alkimi_Exchange

Discord: https://discord.com/invite/ebeHPzYHFT 

Twitter: https://twitter.com/AlkimiExchange 

YouTube: https://www.youtube.com/channel/UCfvLB-WjXB7oZSeFci-RT5w

Contact

Head Of Marketing
Milly Putley
Alkimi Exchange
hello@alkimi.org

Zug, Switzerland, December 19th, 2023, Chainwire

Gelato announces expansion of its all-in-one Rollup-as-a-Service (RaaS) Platform. In addition to supporting Polygon CDK, Gelato now also services the OP Stack, the Optimism Collective’s open-source, modular development framework. As part of this expansion, Gelato enables Lisk, a Layer 1 blockchain launched in 2016, to join the Ethereum ecosystem by migrating to an Ethereum Layer 2. Lisk will join OP Mainnet, Base, and other OP Chains as the first Layer 1 committing to Optimism’s Superchain vision.

“Gelato’s expansion of support to the OP Stack underscores our mission to revolutionize the blockchain arena. By democratizing access to a modular blockspace, we’re empowering a diverse range of creators to deploy their unique, ready-to-launch Layer 2 blockchains. This pivotal move will unlock the full potential of mainstream crypto applications, marking a new era in blockchain adoption.” – Luis Schliesske, Founder at Gelato

Designed to alleviate the congestion problem of the Ethereum mainnet, the OP Stack is the standard, open codebase that powers the Optimism ecosystem and was built to support the Superchain. By leveraging Gelato’s Rollup as a Service platform, in addition to deploying, hosting, and monitoring of new Layer 2 chains, the OP Stack now gains native integrations with Gelato’s industry-leading Web3 middleware services including automation, off-chain data, and Account Abstraction to enable superior UX. Moreover, the platform provides out-of-the-box, native access to tier-one web3 services such as Etherscan, The Graph, LayerZero, and many more.

Layer 2 chains deployed with Gelato, like Lisk, get much more than the underlying blockchain. Layer 2 chains gains access to a fully production-ready web3 development environment. This is the first time in web3 that developers have access to an end-to-end serviced OP Chain with all necessary infrastructure dependencies deployed right from the start.

“We are excited that Gelato has extended support to the Superchain as a RaaS provider for Lisk, making it easier for developers to onboard new users into the Superchain ecosystem,” — said Ben Jones, Chief Scientist at the Optimism Foundation. “Gelato has already executed a million transactions on OP Mainnet for projects like Synthetix, Lyra, and Velodrome, and we’re looking forward to Gelato bringing their developer expertise to help bring the Superchain vision to reality.”

With just a few clicks and without the need to write any code, using Gelato Rollup-as-a-Service Platform anyone can easily deploy their fully serviced OP Chain, freeing up developers to focus on growing their core business.

“Using Gelato’s Roll up as a Service Platform allows the Lisk research and development team to be primarily focused on building additional products and tooling that developers and end users love, while also committing resources to the Superchain’s development.” – says, Dominic Schwenter, Chief Project Officer at Lisk

Gelato and Optimism share a vision of a world with thousands of interconnected blockchains, enabling the horizontal scaling of web3 applications. Gelato’s Rollup-as-a-Service platform will serve as a key component of this environment, running its customers’ underlying blockchains and offering an end-to-end development environment with integrated essential developer infrastructure services.

About Gelato

Gelato is an all-in-one Ethereum Rollup as a Service Platform built without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato rollups allow anyone to build and deploy their fully serviced Layer 2 chains at a pace natively integrated with Web3’s favorite tools and services launching a production-ready web3 development environment from the Genesis block.

For more information visit Gelato’s: Official Website | Telegram | Twitter

About Optimism

Optimism is a project dedicated to scaling Ethereum’s technology and expanding its ability to coordinate people from across the world to build effective, decentralized power structures. The Optimism Collective builds best-in-class software for running L2 blockchains and aims to address key governance and economic challenges in the wider crypto ecosystem. The Optimism Collective is also committed to building a sustainable ecosystem through Retroactive Public Goods Funding. By rewarding the impactful projects, Optimism is scaling Ethereum’s present to provide funding for its future.

About Lisk

Lisk provides a cost-efficient, fast, and scalable Layer 2 (L2) network that is secured by Ethereum. As a long-standing Web3 infrastructure project, Lisk has been democratizing blockchain accessibility for developers and end users globally since 2016. Its core focus is to solve local problems in Emerging Markets by bringing solutions around real-world assets (RWA), off-chain assets (OCA), and DePIN onchain. As a member of the Optimism Superchain Lisk is contributing to onboarding the next 1 billion people to Web3.

Contact

Head of Marketing
Ella Jonas
Gelato Digital GmbH
press@gelato.digital

London, United Kingdom, December 18th, 2023, Chainwire

StrikeX proudly announces the successful launch of Swaps V2, a ground-breaking update that streamlines the crypto-crypto swaps process. This release introduces a new level of functionality, security, and user-friendly design, signifying a significant step forward in StrikeX Wallet’s journey to establish itself as a market leader.

Swaps V2 offers users an unparalleled experience, enabling effortless swapping of ANY token through a sophisticated, secure, and intuitive interface. Whether dealing with blue-chip cryptocurrencies or exploring newly launched tokens, StrikeX Wallet’s Swaps V2 caters to all preferences. Can’t find the token you are looking for? No problem, users can import them seamlessly using the token’s contract address, making them instantly available for swapping.

Additionally, StrikeX Wallet has successfully integrated the popular Layer 2 blockchain, BASE. This integration empowers users to buy, sell, swap, and self-custody BASE native assets directly within their StrikeX Wallet, providing a comprehensive and streamlined experience for cryptocurrency enthusiasts.

Swaps V2 marks the first phase of the StrikeX Wallet Version 2 rollout. In the coming months, users can anticipate witnessing the evolution of the entire Application, with each section being elevated to the V2 standard. Expect enhanced functionality, an enriched user interface, and innovative new features as StrikeX propels itself to the forefront of the decentralized finance (DeFi) space.

StrikeX Wallet invites users to join them on this transformative journey. Users can download the StrikeX Wallet today and be part of the new wave.

About StrikeX

StrikeX Technologies Ltd is a leading provider of blockchain solutions, specialising in blockchain technology, DeFi, and tokenized assets. The company is dedicated to bridging the gap between traditional finance and Web3, empowering organisations to embrace the transformative power of blockchain.

Contact

CEO & Co-Founder
Joe Jowett
StrikeX Technologies Ltd.
press@strikex.com

Redmond, Washington, United States, December 18th, 2023, Chainwire

Metagood, a blockchain technology and digital assets company, announced the successful completion of a $5 million series seed funding round aimed at advancing its Osura marketplace, focused on art within the Bitcoin ecosystem.

“Osura is embarking on a groundbreaking collaboration with artists to immortalize their creations on Bitcoin, the blockchain synonymous with unparalleled security and longevity,” said Danny Yang, CEO of Metagood. “I’ve been building on Bitcoin for over a decade and couldn’t be more excited about the possibilities that lie ahead for us on the Ordinals protocol which is simple, elegant and powerful.”

Spearheaded by Sora Ventures, the series seed round saw participation from key investors including ACTAI Ventures, Bitcoin Frontier Fund, UTXO Management, London Real Ventures, and Peach.xyz, among others.

The Ordinals protocol, which is only a year old, has unlocked an important market for storing and securing high-value assets on the Bitcoin blockchain. Osura is building the infrastructure for launching and trading assets developed on the Ordinals protocol, starting with art on Bitcoin.

“Embracing art on Bitcoin marks a stride into digital ownership, paving the way for real-world assets to seamlessly transact on the blockchain,” remarked Bill Tai, legendary venture capitalist and Metagood Chairman. “As witnessed in other chains with the advent of non-fungible tokens (NFTs,) we anticipate Bitcoin’s journey toward parallel explosive growth and are already seeing Bitcoin surpass other chains in recent NFT trading volumes.” 

This funding milestone, part of Metagood’s larger financing endeavor of $10 million, marks a new era in propelling the development of more technology and product innovations within Osura. Metagood aims to redefine industry standards by merging technology, art, and community engagement in the Bitcoin digital asset marketplace.

“Metagood is setting the gold standard for technical innovation in the Ordinals market,” stated Jason Fang, Founder and Managing Partner at Sora Ventures. “Sora Ventures stands firm in the conviction that the most valuable digital artifacts will find their home on Bitcoin. Leading the round for Metagood is not just an opportunity but a testament to our unwavering belief in the Ordinals space.”

The infusion of capital will bolster the company’s efforts in forging partnerships with artists, advancing product enhancements on Osura, and expanding its engineering and marketing team to meet burgeoning client and user growth.

“With this new funding, Metagood is poised to elevate the Osura marketplace to new heights, further solidifying our standing as an industry leader in premium digital artifacts,” said Amanda Terry, Chief Operating Officer of Metagood. “As we navigate the exciting landscape leading up to the Bitcoin halving in April 2024, we believe the timing is impeccable for growing our team and advancing our commitment to innovation on Bitcoin.”

Metagood has a dynamic founding team with extensive experience building on both Bitcoin and Ethereum. CEO Danny Yang, a crypto industry veteran, previously founded Maicoin, Taiwan’s largest crypto exchange operating since 2013, and Blockseer, a blockchain analytics business used by customers including the FBI, US Secret Service, and the DHS sold in 2018. COO Amanda Terry, with a background in business development at Twitter and five successful startup acquisitions, brings invaluable expertise to the team as a digital media operator and startup investor. Chairman Bill Tai, a crypto pioneer since 2010, has an impressive track record as the first investor in Zoom and seed investor in Canva, Dapper Labs, and 23 publicly traded companies. 

Metagood launched the innovative 10,000 digital art collection OnChainMonkey (OCM) in a single Ethereum transaction in September 2021. In 2023, OnChainMonkey made history on Bitcoin with their pioneering inscriptions. Metagood helped advance the Ordinals protocol and continued to trailblaze with the Ordinal collections of OCM Dimensions and OCM Genesis on Bitcoin. Both collections demonstrated new innovative art on Bitcoin and they inscribed code libraries on Bitcoin (p5.js, Three.js) that use recursive inscriptions, a new type of modular programming enabled on Bitcoin, which saves on Bitcoin fees for other creators to also use.

Osura, Metagood’s NFT Marketplace, stands out as a premium Ordinals platform for art on Bitcoin. With a commitment to curating the finest digital artifacts, Osura debuted with two exceptional Bitcoin Ordinals NFT collections: OnChainMonkey (OCM) Dimensions 300 and the Asprey Bugatti Egg Collection. Metagood worked closely with iconic luxury brands Asprey Studio and Bugatti to create their first generative art collection on Bitcoin. In the new year, Metagood has an exciting lineup for artists launching on Osura in 2024 including Alexis André who created “Friendship Bracelets,” one of the most popular collections on Artblocks for their first collections on Bitcoin.

Metagood’s $10 million in financing to date includes a who’s who in crypto, art, finance including Marcos Bernat (Casa Batlló), Sebastien Borget (The Sandbox), Holly Branson (Virgin Unite), Dingaling (NFT Collector), Gabby Dizon (YGG), Roham Gharegozlou (Dapper Labs), Woody Harrelson, Casper Johansen (Spartan Group), Bobby Lee (BTCC), Charlie Lee (Litecoin), Apolo Ohno (Tribe Capital), Yat Siu (Animoca Brands), Matthew Tan (Etherscan), Stacy Warden (Algorand), Owen Wilson, Mark Yusko (Morgan Creek Capital), and many others. A partial list of investors can be found on the Metagood website at https://www.metagood.com/about-us.

About Metagood:

Metagood is a pioneering blockchain technology and digital assets company that sets a new standard for innovation in the crypto industry. With a focus on seamlessly blending technology, art, and community, Metagood is driving advancements in blockchain technology, particularly on Bitcoin, through initiatives such as their OnChainMonkey NFTs and the curated Osura marketplace for art on Bitcoin.

Through its innovative NFT collection OnChainMonkey, Metagood has created value and contributed to important causes, such as funding the successful evacuation of Sharbat Gula (known as “Afghan Girl” from the iconic 1984 National Geographic cover) and her family from Afghanistan, donating to humanitarian aid in Ukraine, Coral Reef conservation, and more. Metagood was recognized in Fast Company’s 2022 Best World Changing Ideas Awards for Impact Investing.

Contact

Metagood
hello@metagood.com

London, United Kingdom, December 18th, 2023, Chainwire

Today, Veloce Media Group proudly announces the launch of its partnership with Racino, an innovative multiplayer racing management and simulation platform set to redefine the landscape of virtual motorsports. Through the incorporation of the VEXT token into Racino’s ecosystem, players can acquire various collectible cars, liveries, and driver cosmetics. The heightened emphasis on ownership brings a fresh wave of excitement to each part of the gameplay, creating a more immersive and active playing environment.

Racino will transform the future of motorsport management games, as players not only step into the shoes of a team principal but also take ownership and development of their cars, where strategic choices drastically impact race outcomes, public renown, and tangible rewards. Unlike most racing games on the market today, Racino elevates itself by mirroring real-life dynamics, where victories and defeats in motorsport management carry tangible financial weight, blending the thrill of racing with strategic financial planning and skill based gaming.

Racino’s Key Features:

Digital Ownership: Players have exclusive rights to digital collectibles like cars, liveries, and driver cosmetics. These items can appreciate in value offering exciting trading and selling opportunities based on market demand or scarcity.

Real Stakes & Rewards: Racino utilizes the same exhilarating ‘risk vs reward’ mechanics of the real world, allowing players to revel in the tangible outcomes of their in-game decisions. Winning races, managing reward mechanisms for greater gains, honing skills through gameplay, and increasing the rarity of their assets are not just for fun – they’re strategic moves that lead to real, measurable rewards, reflecting the true nature of competitive racing.

Elevated Multiplayer: Racino brings a distinct multiplayer experience to your browser, connecting players across the globe to build their racing empires and strategize against friends and foes alike. Secure your place in tightly contested grids and manage your team to motorsport glory — where your skill on the track shapes your legacy in the thrilling world of virtual motorsports.

💻 Hi-Fi Simulations: Situated at the forefront of virtual motorsport realism, Racino’s cutting-edge technology and complex AI algorithms create a deeply immersive racing experience. Every decision, from track selection to car modifications, interacts with dynamic weather and realistic physics right before your eyes, in stunning 3D & 2D.

🥇 Mastery Matters: Steer your own path in Racino, where every choice dictates success. Each car, equally matched in potential, offers unique configurations begging for exploration and strategic mastery. Skillfully manage your budget, parts, and tunings to unveil your car’s full potential, as winning is about clever strategy, not a roll of the dice.

🚨 VEXT Integration: Racino, Integrated with Veloce Media Group’s VEXT token, enables players to purchase virtual racing assets, blending inherent and performance-based value. This system not only brings the excitement of the track to your device but also allows for seamless transactions and access to exclusive content, marrying tangible rewards with the thrill of motorsport gaming.

Rupert Svendsen-Cook, Founder of the Veloce Media Group said “Veloce has and always will be an incredibly effective marketing funnel for many racing games however this moment marks the chapter of progressing to promoting our own gaming titles. Racino really is the most immersive and engaging racing game to come to web3, nothing comes close ! Veloce has 38 million racing gaming fans within our network and integrating VEXT within Racino is an incredibly compelling proposition for all stakeholders – primarily our community! With its pioneering approach to combining real stakes with immersive gameplay, Racino offers players a unique and thrilling experience. Racino will captivate our gamers with its unbelievably realistic simulation and strategic challenges. To say this is a game changer would be an understatement!”

Additionally, Lorenzo George, CEO of Racino, referenced their partnership with Veloce Media Group, “as essential to reaching one of the most passionate audiences in gaming and motorsports”. Lorenzo also discussed the integration of the VEXT token into Racino, which enriches the gaming experience by offering diverse engagement and reward opportunities for players.

Racino is gearing up for its Q1 2024 launch, offering an exhilarating blend of motorsports and skill-based gaming. Be one of the first to join, by signing up for the Alpha on Racino.io.

Users are welcome to drive into the future of virtual racing and stay informed by following @Racinogaming & @Vextoken on X.

About Veloce Media Group

Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across some of the most innovative, fast-growing, and future-focused sectors in the UK. Headquartered in London, the Veloce brand comprises the industry-leading gaming and racing platform, Veloce Esports, and race-winning outfit, Veloce Racing, currently competing in the renowned Extreme E championship. 

As the world’s largest digital racing media network, Veloce has so far attracted over 35 million subscribers and nearly one billion monthly views with a focus on esports, gaming, purpose-driven motorsport, and Web3. 

Veloce is partnered with a number of high-profile teams from across the globe, running multiple gaming and esports team operations, including Mercedes AMG, Ferrari, and Yas Heat. Well established JV sub-brands, including Lando Norris’ gaming and lifestyle brand Quadrant, make up another key aspect of Veloce’s vast global network.

For more information:

Website | Telegram Group | Telegram Channel | Twitter | Discord | Instagram | YouTube | CoinMarketCap | CoinGecko | ByBit | MEXC | Toobit | Poloniex | DigiFinex | WhiteBIT

Contact

Head Of Digital Marketing
Louis Broomfield
Veloce Media Group
louis@veloce.gg

Stockholm, Sweden, December 15th, 2023, Chainwire

Common Wealth, a trailblazer in early-stage Web3 investment, and PAID Network, known for its innovative Ignition Launchpad, announced a groundbreaking partnership aimed at transforming the crowdfunding and investment paradigm in the digital era. This collaboration marks a significant milestone in the Web3 finance sector, promising to make decentralized finance more accessible, equitable, and efficient for a broad spectrum of retail investors and crypto users.

The synergy between Common Wealth’s mission and PAID Network’s unique capabilities for transparency and reliability lays down the foundation for a new crowdfunding experience that benefits all parties involved. Common Wealth, as the Market Pathfinder, will focus on unearthing and showcasing high-potential early-stage investment opportunities. Meanwhile, PAID Network, acting as the Catalyst for Startups, will bridge the gap between visionary founders and the resources they need, leveraging its crowd-sourced funding platform and incubation resources.

Revolutionizing the Investment Experience

The brands’ shared goal to democratize the investment process in Web3 will see them work closely to create an environment that is inclusive, secure and simple for users who want to participate. Common Wealth provides a mobile-first, user-friendly platform augmented by ZKsync technology, whereas PAID Network introduces a Web3-critical layer of trust and transparency.

The joint efforts of Common Wealth and PAID Network are focused on creating an environment that fosters equal opportunities and eliminates obstacles. This vision is consistent with the principle that prioritises individuals in decentralised finance and utilises blockchain technology to enhance the financial well-being of a greater number of people worldwide. 

The collaboration between Common Wealth and PAID Network transcends the mere pooling of resources in its pursuit of establishing a DeFi space that is more inclusive, sustainable, and powerful. Collectively, both companies are positioned to revolutionise the forthcoming landscape of crowdfunding and investments. In doing so, Common Wealth and PAID Network will uphold the fundamental tenets of blockchain and cryptocurrency, while granting users around the globe unprecedented access to early-stage ventures and lucrative investment prospects.

About Common Wealth

Common Wealth is redefining the venture capital investment model using Web3 principles. With a focus on opening up access to the masses, Common Wealth incentivizes crowd-sourced wisdom and sets new standards in investment and education. The platform is committed to a seamless, mobile-first experience in the layered Web3 space.

• Website: joincommonwealth.xyz
• Twitter: @joincommonwlth

About PAID Network:

PAID Network’s Ignition is a pioneering Launchpad focused on connecting highly vetted founders with the resources they need to succeed. By offering crowd-sourced funding and top-tier incubation tools and advisors, PAID Network plays a crucial role in bringing visionary projects to life.

• Website: PAIDNetwork.com
• Telegram: @PaidNetwork
• Twitter: @PAID_Network
• Medium: @PAIDNetwork

For more information, contact: 

Please visit https://joincommonwealth.xyz/  

Read Common Wealth Lightpaper or follow on https://twitter.com/joincommonwlth 

For all media enquiries: media@common-wealth.io

Contact

Chief Operating Officer
Timothy McCann
Common Wealth
media@common-wealth.io

London, United Kingdom, December 15th, 2023, Chainwire

Socrates, a global web3 social media platform rewarding users for debating, has launched an Influencer Accelerator Program to drive user engagement and community-building on the platform. The 3 million USDT fund goes live on 21st December, open to all web3 influencers regardless of following. On the same night, Socrates will host four events worldwide in London, Mexico City, Hong Kong and Buenos Aires to celebrate the recent launch of the app and distribution of the fund.

Socrates: Shaping Web3 Social Media with Rewarding Q&As

In the dynamic landscape of web3 social media, Socrates has emerged as a leading platform, sparking passionate discussions within the GameFi and SocialFi domains. Users can participate in multiple-choice Q&As, debating and sharing knowledge, including a unique incentivised ecosystem, where any interaction requires contributing to the question’s prize pool. Potential rewards* are then distributed once the question has closed, having already seen question prize pools amassing over 10,000 USDT* and creators earning nearly 1000 USDT just by asking a question.

Since its global launch in November, Socrates has become the go-to space for web3 users and key industry leaders to share their points of view and form like-minded communities, and the company now calls on influencers to unlock the thrilling potential of the platform for Play-to-Earn incentives.

Socrates’ Genesis Airdrop

Socrates is also excited to announce its Genesis Airdrop scheduled for December 18th, 2023, at 9am UTC. This event marks a significant milestone in rewarding the early adopters and contributors who have been instrumental in the platform’s growth since its launch last month. The airdrop will distribute a total of 100,000 tokens, with allocations of 10% to NFT Pen holders, 20% to active content creators, and the remaining 70% to early product supporters. The eligibility snapshot will be captured on December 16th, 2023, at 23:59 UTC. With this airdrop, Socrates aims to thank its users for their diverse and insightful contributions while looking forward to more such rewarding opportunities in the future.

Socrates’ 3M USDT Influencer Program

In a groundbreaking move, Socrates has recently introduced the 3 million USDT Influencer Accelerator Program. It’s not just a fund; it’s an invitation for influencers to dive into the hottest spot in the web3 universe where they can spark debates and take back substantial rewards.

To show Socrates support for selected influencers, Socrates will inject 3 million USDT* into questions created by selected influencers from the 21st December. This injection is poised to create a global buzz, emphasising the platform’s commitment to recognising and rewarding influential voices. The amount injected will be determined depending on their influence, where both influencers and users can earn a share of the 3 million USDT*.

Socrates’ Reward Syste

On the Socrates platform, everyone has the chance to earn rewards by posing questions, providing answers, and engaging in various interactions. Both influencers and platform users can benefit from the large prize pools created by the 3 million USDT injection, where selected influencers will secure guaranteed rewards by simply posing questions.

For influencers, benefits include:

• As question creators, they are guaranteed a minimum of 5% share of the total points awarded to prize winners from question’s prize pool, including the points injected, known as the Question Creator Prize. If their question goes trending, they can also receive an additional trending bonus
• Leveraging the global reputation of Socrates to nurture and expand their communities, amplifying their online presence and growing awareness
• Learning important strategies for effectively utilising Socrates and interacting to maximise their chances of earning rewards

For everyday Socrates’ users can also benefit by keeping a watchful eye on the questions posted by influencers on the platform in the coming weeks:

• By actively engaging with influencer’s questions, users stand the chance to earn significant rewards from the question’s large prize pools

Ｗho Can Join and How?

The program is open to all web3 influencers with a strong community and following, a good understanding of the SocialFi and GameFi spaces, and who think they can make an impact on our platform.

influencers looking to be a part of this unprecedented opportunity can now submit their applications through the application form as soon as possible. Selected influencers are required to attend vital training sessions, enabling them to capture public attention through intriguing questions and answers and leveraging Socrates’ unique product features.

Double Celebration: Offline Events Across the Globe

In addition to the launch of the fund, four events in London, Mexico City, Hong Kong and Buenos Aires will turn the 21st December into a double celebration, honouring the recent launch of the Socrates app last month. The offline events are set to welcome an impressive guest list, featuring web3 industry leaders, Socrates’ 200+ employees, key partners, and influencers. Attendees can anticipate product demonstrations, live music, on-stage debates, and more, with an exclusive announcement set to be revealed on the night. The London event will also be livestreamed globally for everyone to experience the celebration.

• Socrates is not just a platform; it has transformed into a thriving community where influencers redefine their online identities, participate in thoughtful debates, and unlock significant rewards! Sign up for the Influence Accellerator Program now!
• For detailed information about the 100,000 airdrop, please refer to Socrates’ Twitter account
• Members of the public interested in live-streaming the event can view it on Socrates’ social media platforms in the evening (local time) of the respective locations.
• Users can join the Socrates community online app.socrates.com, or download the app on Google Play and Testflight
• Users can sign up now with the invitation code 8kbe8hsq or use the invitation link

* USDT awarded in the form of points that can be redeemed 1:1 for USDT

About Socrates

Socrates is a global web3 social media and entertainment platform based on blockchain, where users earn rewards by participating in multiple-choice Q&As, debating, and sharing knowledge. Combining the best of Social-Fi and Game-Fi, the organisation aims to pioneer a new era of dialogue and knowledge beyond borders, empowering and rewarding individuals to share their vision and shape the future through diverse perspectives.

With social media and mainstream media currently directing human thoughts, Socrates inspires individuals to think freely about issues and combats misinformation. The platform features an innovative and intuitive user interface, allowing anyone to openly debate and discuss any topic, ranging from politics to sports and entertainment. Users can create multiple-choice questions in-app, allowing others to interact by answering, giving reasons, and liking comments. 

Integral to Socrates’ mission, they’re dedicated to providing a space for people to voice their honest opinions, presenting unique perspectives in a streamlined format. The platform has also created an incentivised ecosystem where any interaction requires contributing to the question’s prize pool, with potential rewards being distributed once the question has closed. Valuable contributions and more popular ‘trending’ questions may offer larger rewards, ensuring users initiate or contribute to the dialogues that matter.

Utilizing decentralized blockchain technology, users can access the platform by linking their non-custodial wallet and spending crypto. With a focus on transparency, safety, and security, the community will benefit from web3’s unparalleled privacy features and spam reduction. 

Socrates is a global organisation with a unique decentralized model that places its members at the core. With many members from leading fintech, web3, and crypto companies, the company has considerable plans for expansion, and is dedicated to giving everyone the freedom to share their opinion without constraint, fostering a community-driven platform that transcends geographical boundaries.

Learn more at socrates.com.

Contact

PR Executive
Marco Lucchesini
EAK Digital
marco.lucchesini@eakdigital.com

London, UK, December 15th, 2023, Chainwire

The countdown has begun as MetaWin, the pioneering blockchain competition platform, approaches the climax of its extraordinary MetaWin Millionaire event. With just 7 days remaining until the grand prize draw on December 22nd, 2023, the excitement is palpable.

Time is Ticking: $1 Million USDC Awaits One Lucky Winner

The highly anticipated MetaWin Millionaire prize draw is set to award one fortunate participant an astonishing $1 Million USDC (USD-based stable coin). The competition is scheduled to close its doors on December 22nd at 16:00 EST, leaving participants with just a week to secure their chance at this life-changing windfall.

Influencers Amplify the Buzz

The MetaWin Millionaire competition has sparked a viral frenzy across social media platforms, including X, where prominent influencers have taken the spotlight. Notably, the well-known NFT collector and Web3 ambassador, @Pranksy, boasting 440k followers, recently threw his hat into the ring, igniting a flurry of entries and heightened excitement.

Blockchain Technology: Unveiling a New Era of Transparency

MetaWin stands apart from traditional prize draws by operating on the Ethereum blockchain. This groundbreaking approach ensures that all users, entries, total contributions, and free entries are visible to the public. The winning Ethereum address will receive the prize within seconds of the draw’s conclusion, allowing the global community to witness the moment and congratulate the victor. Participants can continuously monitor their odds of winning until the competition’s final moments.

Blockchain technology empowers MetaWin to lead the charge in transparency, redefining the landscape of competition platforms.

Unlock Free Entries

MetaWin Millionaire also offers a chance at victory without any financial commitment. Users can opt for the online free entry method by paying a nominal Ethereum network gas fee, allowing them to participate without contributing to the prize pool. Additionally, MetaWin’s smart contract system enables users to scale up their entries, affording multiple chances to win for the same gas fee as a single entry.

Limited Time Remaining

With the countdown clock ticking and the draw date fast approaching, MetaWin invites all potential participants to seize the moment and secure their opportunity to join the ranks of millionaires created by MetaWin.

Users can claim their free entry today and hope for a life-altering win, via this link MetaWin’s official competition page today.

MetaWin extends its best wishes to all entrants and anticipates celebrating alongside the fortunate victor.

About MetaWin

MetaWin stands at the forefront of on-chain competition platforms, revolutionizing the landscape of digital contests. Through harnessing the power of blockchain technology, MetaWin delivers a competition experience characterized by transparency, fairness, and excitement. With a track record of substantial giveaways and an unwavering commitment to innovation, MetaWin is shaping the future of online competitions.

This article is provided for informational purposes only and is not intended to be construed as legal, financial, or tax advice. Readers should not rely solely on the information presented herein and should consult with their own legal, financial, or tax professionals regarding their specific situations. The author(s) and publisher make no representations or warranties concerning the accuracy or completeness of the information contained in this article. Reliance on any information provided in this article is solely at your own risk.

Contact

MetaWin Team
press@metawin.inc

New York, America, December 15th, 2023, Chainwire

In the sphere of Bitcoin’s on-chain assets, a groundbreaking paradigm emerges with Bitboost’s exploration of programmability, transforming Bitcoin into a dynamic asset playground. Protocols such as Ordinals, BRC-20, and Atomicals have significantly enriched Bitcoin’s on-chain assets, offering a novel approach to scaling Bitcoin: utilizing Bitcoin as a bulletin board to publish assets and executing asset transactions off-chain through indexers. Unlike rollups, this method doesn’t validate transaction execution results on Bitcoin, making it completely agnostic to Bitcoin.

Through this approach, many popular assets have been issued on Bitcoin. The issuance method for these assets is fair minting, allowing anyone to mint a certain quantity of assets through a Bitcoin transaction. This issuance method provides participants with a fair opportunity and results in a decentralized distribution of assets, aligning more closely with the principles of decentralization. Most of these assets were issued starting in March, and as of today, some popular assets, such as $ORDI and $SATS, have market caps exceeding 1 billion USD, leading to significant wealth effects.

The Hidden Challenges Behind the Popularity of Asset Protocols

Behind the popularity, these asset protocols also suffer from many problems. Firstly, the asset issuance pattern is singular and fixed, supporting only fair minting and lacking support for additional issuance methods such as whitelists and IDOs. Secondly, the asset circulation pattern is also very rigid, supporting only transfers and exchanges with BTCs, without accommodating DeFi applications like swap, lending, staking, and more. Users are limited to actions such as minting, holding, and buying/selling with BTC, restricting the utility of these assets.

The fundamental reason for this type of problem is that the assets lack programmability. All functions of the assets are hardcoded in the protocol, and users cannot redefine them. Taking BRC-20 as an example, the asset’s functions are limited to deploy, mint, and transfer. If these assets can interact with smart contracts, users are then able to modify or add functions through the creation of smart contracts, and the problem of fixed functionality patterns can be completely solved.

Bitboost’s Unique Solution: The end Game of the Programmable Asset Protocol

Bitboost has conducted research on all publicly available smart contract solutions on Bitcoin, such as on-chain solutions like BitVM, sidechain solutions like Rootstock and Stacks, and layer 2 solutions like RGB and BEVM. After analyzing and comparing the strengths and weaknesses of all these solutions, Bitboost believes that designing a programmable asset protocol on Bitcoin should adhere to the following principles:

• Simplicity: It should not add excessive burden to the Bitcoin network.
• Security: Malicious behaviors from some participants could not lead to protocol failures.
• Compatibility: It should be compatible with existing wallets, explorers, and other tools.

Based on these principles, Bitboost has been incubated. Bitboost publishes Ethereum-style transactions on Bitcoin and utilizes an off-chain indexer with EVM (Ethereum Virtual Machine) integrated to execute these transactions. This allows for launching an EVM execution environment on Bitcoin, enabling the issuance of assets and deployment of DeFi applications within this environment.

• In terms of simplicity, Bitboost packages and compresses transactions into batches, similar to rollups, and then publishes these batches to the Bitcoin network. The transaction size and fee can be an order of magnitude lower than Bitcoin transactions.
• In terms of security, the entire protocol does not rely on multi-signatures and will not be halted by the failure of some nodes. Like other Bitcoin asset protocols, it is completely trustless.
• In terms of compatibility, the protocol participants can be divided into users and miners. For users, Bitboost is like an Ethereum chain and can be interacted with using existing Ethereum tools such as Metamask. For miners, they only need to help the protocol to inscribe transactions from the mempool onto Bitcoin through the Ordinals protocol, and then receive Bitboost’s native token as a reward.

Bitboost is referred to as a co-processor of Bitcoin. It is similar to how a GPU is commonly referred to as a co-processor of CPU, where the CPU delegates computationally intensive display tasks to the GPU, and the GPU, after computation, returns the results to the user through the screen. Bitcoin delegates the processing tasks of on-chain assets to Bitboost, and after Bitboost completes the processing, it returns the results to users through Ethereum-compatible APIs.

The difference between Bitboost and rollups lies in the fact that Bitboost’s state roots are not synchronized to Bitcoin, so they are not validated on Bitcoin through validity proofs or fraud proofs. Since Bitcoin does not have smart contracts, it lacks the ability to validate state roots. Therefore, a trustless 1:1 asset-pegged bridge between Bitboost and Bitcoin cannot be established. Instead, in Bitboost, the native token is exchanged with BTC through PBSTs (Partially Signed Bitcoin Transactions), the same way as other on-chain assets.

About Bitboost

Bitboost pioneers programmability in Bitcoin’s on-chain assets, offering a unique solution that combines simplicity, security, and compatibility. As a co-processor to Bitcoin, Bitboost introduces a new era, allowing users to redefine asset functions through smart contracts and enhancing the overall utility and scalability of the Bitcoin network.

Contact

TrustlessLabs
Trustlesslabs@proton.me

Los Angeles, United States, December 15th, 2023, Chainwire

In a landmark collaboration, Ethernal Labs, together with the Bruce Lee Family Companies and Ethernity, is proud to announce the launch of the “Bruce Lee: The Year of The Dragon” digital collectibles collection. This innovative collection, featuring five unique digital statues, is set to debut on December 16th at 12pm EST, exclusively on the Ethernity marketplace.

Nick Rose Ntertsas, CEO and Co-Founder of Ethernal Labs, expressed enthusiasm about the partnership: “Collaborating with the Bruce Lee Family Companies to bring this digital collection to life has been an incredible journey. These collectibles, blending artistry with Bruce Lee’s timeless philosophy, mark a significant milestone in the world of licensed digital collectibles.”

The collection is limited to just 500 editions, each priced at $99 and available to purchase with the ERN token or Credit Card, presenting a rare opportunity for collectors and enthusiasts alike. Available through an intriguing ‘Dojo’ mystery box format, the collection features five distinct digital statues, each meticulously crafted to represent a key element of Bruce Lee’s profound martial arts philosophy and his enduring legacy.

The collectibles in the series include:

• COMMON: Be Water, My Friend – A digital embodiment of Bruce Lee’s famous mantra, symbolizing the fluidity and adaptability of his teachings.
• RARE: Jeet Kune Do – Capturing the essence of Bruce Lee’s own martial art, reflecting personal expression and practicality.
• EPIC: Deadly Game – Featuring the iconic yellow tracksuit, this collectible symbolizes the adaptability and versatility at the heart of Lee’s philosophy.
• LEGENDARY: Destroy the Image – A representation of transcending limitations and shattering the illusions of traditional martial arts.
• GRAIL: The Dragon Apprentice – Honoring Bruce Lee’s journey from a dedicated student under Yip Man to a master of martial arts.

Those who collect all five statues will be rewarded with a special 6th ‘Supreme’ edition and 100 ERN tokens from Ethernity as a reward for their Bruce Lee fandom. In addition, every collector who acquires a statue from the collection will be entered into a special Lunar New Year giveaway where they receive a digital red envelope in their Ethernity account, symbolizing good fortune and containing various rewards. These could range from additional ERN tokens and Stones rewards points, which are redeemable for physical or digital goods on the Ethernity website.This celebratory giveaway not only honors the Lunar New Year but also serves as a token of gratitude to the community, blending tradition with the innovative spirit of the collection.

The collection will be available exclusively on the Ethernity marketplace which provides an essential platform for this collaboration. Ethernity ensures that this collection not only celebrates Bruce Lee’s legacy but also represents the future of digital collectibles through advanced utility. 

In appreciation of the community’s support, those who previously invested in the “Bruce Lee: The Formless Form” collection will receive early access to the “Year of The Dragon” collection, highlighting the importance of community.

About Ethernal Labs:

Ethernal Labs is renowned as a premier creative and technology studio. Our expertise lies in crafting exceptional digital products that resonate with major brands and leading entertainment franchises. We are dedicated to revolutionizing brand experiences through cutting-edge strategies in the dynamic digital landscape. Our focus is on forging distinctive products that not only amplify brand presence but also deepen community engagement and invigorate intellectual property interaction. At Ethernal Labs, we are committed to redefining the boundaries of digital engagement and brand evolution.

About Ethernity:

Ethernity stands at the forefront of the digital asset revolution, leading the charge with its groundbreaking ecosystem that intertwines community-driven digital collectibles, captivating interactive media, and pioneering tokenized assets and services. Ethernity distributes both content from established IP and original content across a spectrum of media platforms, while also innovating in the realm of decentralized applications that harness the power of next-generation tokenized assets. At the heart of our mission is the fusion of art, technology, and community, creating a vibrant and engaging digital landscape that redefines the experience of fandom and digital ownership.

About the Bruce Lee Family Companies:

Bruce Lee, LLC, a global licensing business and one of the Bruce Lee Family Companies, seeks to cultivate and respect the intellectual property of Bruce Lee by partnering with companies who understand and embody Bruce Lee’s values.  The products and content we create seek to open hearts, stimulate imagination and make us feel connected to one another through the cultivation of our individual talents.  In doing this, we look for partners who inspire and energize us, who can create emotional experiences (not just products), who use superlative quality and have creative mastery in their field, and who are open-minded, kind and down to earth.

Contact

CMO
James Aitken
Ethernity
james@ethernity.io
+61474861770