Singapore, Singapore, December 14th, 2023, Chainwire

Dora Factory, a leading protocol specializing in decentralized governance and multi-chain funding for public goods, has successfully secured a new strategic investment led by dao5. This funding round, which also includes contributions from Whampoa Digital and seven other prominent investors, marks a significant expansion of Dora Factory’s capabilities.

This infusion of capital bolsters Dora Factory’s mission to build more advanced infrastructures for its flagship Public Good Staking products, support essential public goods funding and pioneering research, as well as enhance Dora Vota – its newly launched specialized appchain for advanced voting and decentralized governance.

In conjunction with this new investment round, Dora Factory is also expanding its roster of partnerships, including launching the app-chain quadratic funding rounds for Cosmos ecosystem contributors on Dora Vota. 

The initiative undertaken by Dora Factory presents a stark contrast to traditional primary investment models prevalent in the crypto sphere, which are often criticized for their lack of foundational value. Dora Factory’s new strategic raise round highlights its overwhelming fundamentals built over the past 24 months.

Dora Factory distinguishes itself as a model for sustainable growth and long-term viability. Over more than two years, Dora Factory has substantiated its commitment to delivering concrete results, evidenced by the impressive growth of their public good validators, expanding to more than 30 ecosystems and a total value staked soaring at over $250M. 

Tekin Salimi, Founder and General Partner of dao5, has commented on the strategic significance of this investment: “Dora Factory is a critical piece of decentralized governance and public goods funding infrastructure for a long list of crypto ecosystems. While many longstanding projects have been undervalued in the recent bear market, dao5 is excited to inject new capital and hands-on support services to revitalize value for the Dora community.”

Peter Huo, Co-CIO of Whampoa Digital, added: “Dora Factory is akin to the Y-Combinator of the Web3 universe, but powered entirely by Web3-native protocols, ecosystems, communities, and builders in a decentralized manner. It has continuously demonstrated itself as a vital component and catalyst for facilitating innovation across each and every ecosystem it engages with. In line with our investment thesis on Web3 applications and mass adoption, we at Whampoa Digital are excited to support Dora Factory in its mission and growth ahead.”

Dora Factory’s approach to funding public goods across the entire industry is a remedial response to the recent trend of commercializing public goods and their funding, which often disproportionately impacts communities. Instead, Dora Factory emphasizes the intrinsic value of public goods and prioritizes sustainable funding mechanisms. Its commitment to community engagement and demonstrated impact solidify its reputation as a dependable partner to founders and the wider community.

With an eye on the future, Dora Factory envisions a scenario where its public good staking is channelled towards funding frontier technologies. Leveraging its sustainable revenue streams, the protocol aims to support vital research and development in critical areas like quantum computing, space exploration and longevity research, setting itself apart as a forward-thinking leader in public goods funding and Web3 in general.

Eric Zhang, Architect of Dora Factory, commented: “Dora Factory has already commenced significant efforts towards ‘frontier staking’ – bring Web3 infrastructures and funding mechanisms to support nascent space technology startups and communities. As it continues to broaden its influence and increase revenue, Dora Factory is committed to deepening its involvement in these sectors, recognizing their crucial role in shaping humanity’s future.”

Dora Factory exemplifies a successful model in addressing the inefficiencies of traditional funding models, pioneering a sustainable and impactful approach towards public goods support. With its proven track record, dedication to community involvement, and visionary goals, Dora Factory is uniquely positioned to significantly influence the landscape of the future of PoS ecosystems via public good staking and decentralized governance in the coming years. 

This strategic raise, after Dora Factory’s $17.5 million raise in 2021, will accelerate the infrastructure development and public goods funding process in the multi-chain world.

About Dora Factory:

Dora Factory creates protocols and tech stacks for decentralized governance, empowering the new generation of PoS networks, open-source communities and decentralized organizations through trailblazing solutions like the Public Good Staking infrastructure and Dora Vota, a special-purpose blockchain for voting and governance. To learn more about Dora Factory, please see dorafactory.org

About dao5: 

Founded by ex-Polychain General Partner Tekin Salimi, dao5 is a $125 million experimental cryptocurrency investment fund that will convert into a decentralized autonomous organization.

About Whampoa Digital:

Whampoa Digital is the Web3 VC Fund anchored by Whampoa Group, the Singapore-headquartered Whampoa Group. Whampoa Group was co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by her father, Lee Kim Yew and Singapore’s first prime minister, Lee Kuan Yew and his wife. The investment group’s other co-founder is Lee Han Shih, a member of the business family that co-founded Southeast Asian bank OCBC (OCBC.SI) and Lee Rubber Group, among other companies.

Contact

Core contributor
Steve Ngok
Dora Factory
steve@dorafactory.org

Warsaw, Poland, December 14th, 2023, Chainwire

Flipster, the fast-growing crypto trading platform, released its final campaign series for the year. Named ‘The Dragon’s Treasure’, this campaign is Flipster’s first themed event, consisting of an initial nine trading competitions over seven weeks with up to 1 million USDT worth of prizes to be given out. The huge prize pool stacks on top of existing generous offerings to bring new users to the platform, who can earn up to 175 USDT worth of bonuses (at the time of writing).

The Dragon’s Treasure is a series of challenges that each run for a week. Each weekly challenge contains a story that is linked to an overarching narrative across an initial seven chapters. Taking inspiration from the pop culture world that the platform’s target demographic grew up with, the storytelling elements are aimed at elevating the trading experience to a level of enjoyment found in popular digital entertainment options. 

For each chapter, a new tournament is revealed in conjunction with a new character and world. The team has created backstories for each of the seven chapters, with inspiration for the characters and chosen worlds being drawn from the unique cultures of Flipster’s user base.

The first competition, named Chapter One: The Lucky Bear, kicked off on 13 November 2023. Users had to compete to win a share of 25,000 USDT in prizes. Building up the momentum and excitement for traders, with each week that passes, more characters are revealed, and the prize money also increases in tandem, with Chapter Five: A Charming Elephant (scheduled to conclude on 17 December 2023) awarding up to 100K USD worth of prizes. Two more weeks of tournaments remain for 2024 before the campaign ends with a bang in a grand final round with record prizes planned.

The crypto-obsessed world has been stunned this year by the rapid rise of Flipster in a year dominated by high-profile dramas in the news and a primarily bearish market. Despite less-than-ideal conditions, Flipster has impressed insiders with its rapid rise in user growth, maintaining a greater than 500% month-on-month user growth. The increase has transformed into a positive 4000% trading volume growth.

Flipster came to prominence around June 2023, having proven they can build and launch in a bear market, bullish whispers predict how quickly they will rise if a bull market does pass next year for the bitcoin halving.

CEO Yongjin Kim says, “We are deeply committed to excellence and innovation at Flipster, and take nothing for granted. I am proud of the team’s performance and thrilled with how this translates into our impressive numbers. It’s incredibly rewarding to constantly encounter individuals who are curious about Flipster’s journey. Their questions about what’s next for us and how we plan to lead the crypto industry in the coming years are not just thought-provoking but also affirming the brand we have carved out. From myself and everyone at Flipster, we wish everyone a joyous holiday season.”

The price of BTC and the crypto market are moving positively, making it a fun way to wrap up the year by trading crypto on Flipster and competing for prizes in The Dragon’s Treasure. 

About Flipster

Flipster is the fastest-growing crypto exchange in the world. The easy-to-use crypto derivatives trading platform offers users an all-in-one trading experience with leverage of up to 100x on over 190 tokens. Created by the same founders as Presto Labs, the largest crypto quant trading firm in Asia. Users can get started at flipster.xyz. For media enquiries or interview requests with the team, users can reach out to pr@flipster.xyz or keep up to date with flipster on our blog

Official Website | Linkedin | Twitter | Telegram | Facebook

Contact

Head of Marketing
Ben Rogers
Flipster
benrogers@prestolabs.io

Singapore, Singapore, December 13th, 2023, Chainwire

Established in 2020, Coinstore, the world’s leading cryptocurrency exchange, is celebrating its 3rd anniversary by launching a series trading competitions with over 30k USDT prize pool and a series community airdrops, listing carnival and CS Lives. Many enthusiasts are joining in to mark the day

Over the past 3 years, the crypto industry has changed dramatically. Through peaks and valleys, Coinstore has always been insisting on its belief in the industry, with actions and capabilities. 

A journey of Coinstore through 3 years

Within the span of three years, Coinstore has served over 700 project teams and listed over 750 trading pairs. With over 5 millions registered users and over 150k highest daily active users, Coinstore has covered 175 countries and regions. Continuously evolving and expanding, Coinstore has established a strong presence in emerging markets, with Indonesia, India, and Nigeria at its core.

Coinstore always focuses on talent and compliance development. Talent training and construction is an important part of enterprise development. Coinstore understands this well, therefore, Coinstore has established 13 international operation centers in different countries and has become a large organization with over 200 international employees. 

“Compliance and regulation” is the business foundation of Coinstore. Coinstore got MSB license in the US and Digital Asset Prop Trading license in Dubai. Meanwhile, Coinstore has built operation with local regulatory authorities in major target markets to help them understand blockchain technology and cryptocurrency, and build relevant regulatory frameworks. 

“Long-termism” Philosophy

In the fast-paced crypto industry, Coinstore emphasizes the importance of “long-termism” business philosophy. Coinstore strives not only to be an exchange but to build an entire ecosystem, adapting to industry trends while maintaining a long-term perspective.

Coinstore creates easy-to-use and powerful tools to empower users, allowing everyone to integrate into the future financial system safely, conveniently and efficiently. Prioritize users first, focus on product innovation and continuously improve the product becomes Coinstore’s aim.

After three years of endeavor, Coinstore has continuously expanded the business and established a complete trading ecosystem, forming a product matrix with spot trading, futures trading, Lauchpad, OTC, earn, wallet, and Web3 product as the core.

Coinstore launched its Launchpad program to list secure and highly qualified projects for users. To date, with over 15,000 participants, and 25 projects listed., amongst them are high quality projects such as SOIT, CNT, INVT and MSHIB. These multiple projects and ecosystem brought by launchpad has caused Coinstore’s growth in the bear market significantly.

Striding Forward, Starward Bound

Even in the most depressed market, Coinstore remains confident and faithful to the crypto industry. In this age of exploration, some are destined to shoulder the burden. Coinstore shoulders the mission of evangelism, actively disseminates industry knowledge and contributes to society.

As a Web3 participant, users should learn more of the technological revolution and business model innovation of the industry, so as to attract more people to join the industry and make contributions to the industry development. Therefore, Coinstore published Cryptalk and CS Connect events.

To date, Coinstore held more than 30 Cryptalk, 15 CS Connect and 15 Expo conferences. The events build bridges between inside and outside the industry. It attracted active participation around the world and received a warm welcome.

To future, beat the challenges

Some people say, “We are making history.” It’s been an honor to become the witnesses of history. Through peaks and valleys, ups and downs, Coinstore has always been faithful to the industry. Although Coinstore has achieved some phaseful results, it will stick to the original intention and insist on “user first” service philosophy.

Faced with multiple difficulties and challenges, Coinstore will break through the bottlenecks and get stronger. 

As Coinstore stands at the close of 2023 and celebrate it’s third anniversary, the company is looking forward to a promising 2024 and the next 3 years of Coinstore.

About Coinstore

Founded in 2020, Coinstore is a world-leading crypto asset trading platform that strongly focuses on emerging high-growth markets. Trusted by more than 5 million users and 175 countries, Coinstore provides a series of products, including spot trading, futures trading, Launchpad, earn and wallet. Coinstore aims to be the first crypto asset entrance for millions of users and becomes to the Top1 exchange in emerging markets by 2025.

Contact

Coinstore
peishan@coinstore.com

Vilnius, Lithuania, December 13th, 2023, Chainwire

ProBit Global is excited to announce that the utility token of decentralized music platform Gala Music ($MUSIC) has been listed on the leading cryptocurrency exchange. Deposits for MUSIC opened on December 8th at 03:00 UTC, with withdrawals and trading following shortly thereafter.

Gala Music is transforming the music industry through blockchain by ensuring fair compensation for artists, eliminating middlemen, and fostering deeper fan engagement. The platform has helped emerging artists gain exposure outside the constraints of traditional labels. Its token-based rewards system motivates fans to actively support musicians they love.

Through social features, exclusive content, and redeemable tokens, Gala Music builds stronger bonds between fans and artists. The platform also facilitates crowdfunding and collaborative projects, providing fans a sense of ownership in the music they enjoy. Recent success integrating with VR and metaverse experiences demonstrates the project’s commitment to constant innovation. 

The MUSIC token plays an integral role in sustaining Gala Music’s thriving ecosystem. It can be earned and spent to access exclusive artist experiences, contribute to creative initiatives, or simply show support. As the platform has expanded its catalog to over 85 artists and surpassed 5 million monthly streams, the value of the MUSIC economy has grown in turn.

The listing on ProBit Global will introduce Gala Music’s innovative concept and utility token to a broader investor and trading base. With supported trading pairs including MUSIC/USDT, MUSIC/BTC, and MUSIC/ETH, this initiative looks to further adoption of decentralized music worldwide and fuel the next stage of growth for this exciting project.

The listing of MUSIC on ProBit Global provides convenient access for holders to purchase and trade on both the exchange’s website and its robust mobile app. The top 20 exchange also has exciting marketing activities planned, including an upcoming trading competition and airdrop centered around MUSIC, offering users the opportunity to win token prizes.

ABOUT PROBIT GLOBAL

Founded in 2018, ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 2,000,000 active users, globally.

With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.

To learn more, visit probit.com.

ProBit Global Telegram: https://t.me/ProBitGlobalOfficial

ProBit Global on X: https://x.com/ProBit_Exchange 

Contact

Stuart Hendricks
marketing@probit.com

Seoul, South Korea, December 12th, 2023, Chainwire

OverProtocol, a Layer 1 blockchain focused on democratizing validation, has exciting plans for the next year, including a mainnet launch in the first half. In October, the project successfully completed a closed beta testnet with 15,000 applicants from 127 countries, of whom 1,300 completed all tests. In preparation for the mainnet launch, they have now announced an open beta testnet and an incentive program open to everyone.

Community-Focused Launching Plan

The project will initiate an airdrop through the OverProtocol Community Airdrop Program (OCAP) to build a strong community. The path to the airdrop unfolds through two pivotal quests. The first quest, already active on OverWallet, showcasing OverProtocol’s mobile-centric vision, has attracted significant participation. Over the past six months, more than 4.7 million users have joined, with over one million users actively participating in missions each month. Meanwhile, the second quest invites users to engage with OverProtocol by running validators via OverNode on the Open Beta Testnet.

Open Beta Testnet (OBT)

The Open Beta Testnet is divided into two seasons: OBT Season 1, which runs from December 13th to 22nd, and OBT Season 2, scheduled for February of next year. During the testnet, participants can experience Home Staking by running a node and validator at home through OverNode and also learn about Ethanos, a key feature of OverProtocol. The total scores accumulated from both seasons will be considered when determining the airdrop amount. Everyone can participate in OBT Season 1, but only those with enough points in OverWallet can complete key missions. OBT Season 2 will also have a point requirement, so if you are interested in OverProtocol, download OverWallet and join the OverProtocol community.

Instructions for OBT Season 1

Please remember to follow these essential steps:

1. Download the OverNode Client: This is the first and crucial step. Download and install the OverNode client on your computer for mission engagement.
2. Complete the Missions: Follow the structured guidance provided within the OverNode client to complete your missions effectively.

Additionally, pioneers should:

• Follow the Official OverNode Channel on X: Stay updated with all announcements and important information during the testnet period by following our official channel.
• Access OverNode from the Official Website: The OverNode will be available for download from our official website starting from December 13th, 02:00 UTC.
• Familiarize with the Mission Types: An overview of the seven types of missions is provided in our official Medium article. It’s designed to assist users in understanding and effectively engaging with each mission type.

Vision of OverProtocol 

OverProtocol is a new layer 1 blockchain based on a protocol named ‘Ethanos’ that only considers active accounts valid, enabling full nodes to discard obsolete data and operate with less storage, thus allowing for reduced storage requirements. Superblock, a core contributor to the project, is developing ‘OverNode’, a full-node client that allows anyone to run a full node of OverProtocol and become a validator on their home PCs.

“By allowing anyone to run a validator, individuals have the opportunity to earn $OVER through a process known as Home Staking. This enables them to embrace a new lifestyle, offering new payment options, enhanced credit, and innovative financial opportunities,” Ben, CEO of Superblock, added.

About OverProtocol

OverProtocol is a layer 1 blockchain network committed to fostering a truly decentralized ecosystem, allowing anyone to serve as a validator. Leveraging ‘Ethanos’, an innovative node optimization technology, it empowers individuals to operate full nodes from their home desktops. Driven by the vision of decentralization, OverProtocol aspires to place the power of a new internet right in your hands.

For more information visit OverProtocol’s: Official Website | Twitter | Discord | Medium | YouTube

Contact

Maketing Lead
David Kim
Superblock
david@superblock.xyz

GRAND CAYMAN, Cayman Islands, December 7th, 2023, Chainwire

Only 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains

Sui, the groundbreaking Layer 1 blockchain created by the technology experts who led Meta’s Diem blockchain initiative and created the Move smart contract language, continues its explosive ascent in decentralized finance (DeFi). This week, it surpassed $100 million in bridged USDC. 

This latest data confirms Sui’s position among the ranks of the top DeFi protocols worldwide and builds upon its most recent milestone of surpassing $175 million in Total Value Locked (TVL). The Sui Network now consistently ranks within the top 25 blockchains for daily transaction volume and within the top 15 blockchains by weekly volume.

“Surpassing $100 million in bridged stablecoins represents yet another significant moment for Sui in DeFi, and is a clear illustration of the remarkable success of the Sui community’s efforts to build a versatile and accessible ecosystem,” said Greg Siourounis, Managing Director of the Sui Foundation. “Coupled with the Network’s recent surge in TVL, as well as performance measurements that show Sui operating at the forefront of Web3 technology, this milestone positions Sui as a force driving the next generation of DeFi.”

The network’s decentralized ecosystem and independent builders are fueling that growth, with seven projects standing at over $10 million in TVL and 11 projects exceeding the $2 million mark.

In another strategic move to fortify the security and reliability of its ecosystem, Sui last week announced an ecosystem investment with leading Web3 security firms OtterSec and Zellic — providing essential access for independent ecosystem projects to high-end auditing services and setting builders on Sui on a path to success. 

Likewise, November alone saw $500,000 in a fresh round of Sui Grants issued to projects building on the Network. These grants are dedicated to project teams poised to advance the adoption of Sui and its growing DeFi ecosystem. 

For more information about the Sui Network, visit sui.io.

Contact

Sui Foundation
media@sui.io

Singapore, Singapore, December 7th, 2023, Chainwire

• Ronin by Sky Mavis, the largest ecosystem for Web3 games, is a secure and scalable EVM blockchain.
• Impossible Finance to deploy launchpad infrastructure on Ronin for Web3 game launches, aiming to advance blockchain gaming and NFT.
• Upcoming launches on the launchpad may require tokens like RON, AXS, and IDIA to be used to stake for allocation.

Impossible Finance is thrilled to unveil an exciting collaboration with Ronin, a prominent blockchain tailored for gaming. Crafted by Sky Mavis, the visionary mind behind the Axie Infinity game ecosystem, Ronin, an EVM blockchain, boasts a remarkable track record, processing over $4 Billion in NFT volumes. It stands as the only blockchain that has proven to adeptly scale a single game to accommodate millions of daily active users.

Partnership Model

In this strategic partnership, Impossible Finance brings a comprehensive suite of advisory services, encompassing launchpad expertise, research, business development, and infrastructure support to strengthen Ronin and its dynamic ecosystem.

The Ronin Launchpad powered by Impossible Finance

Beyond advisory, Impossible will be deploying launchpad infrastructure to support the launches of games — “Ronin Launchpad” powered by Impossible Finance! Our joint efforts will delve into the exploration of new opportunities and cutting-edge innovations within the gaming and NFT landscape.

“We have been looking for ways to merge the scale of users that gaming can address and the products that can scale crypto adoption, and we see Ronin as one such breeding ground for a future ecosystem of new projects, users, and community.” – Calvin Chu, Core Buidler of Impossible Finance

Impossible Finance and Ronin’s synergistic collaboration aims to advance blockchain gaming and NFTs. In working together, the team embarked on a journey to not only expand the capabilities of Ronin, but to catalyze the emergence of groundbreaking projects within the Ronin ecosystem by introducing innovative and fun games along with the adoption of NFT by increasing stakes and ownership of fun games.

Sky Mavis

Sky Mavis is a technology-focused game studio headquartered in Vietnam, leading the revolution of the gaming landscape. Their mission revolves around crafting virtual worlds featuring player-owned economies, trustless marketplaces for trading unique digital assets, and robust infrastructure reaching millions of players globally. The studio is best known as the brain behind Axie Infinity, Web3’s breakout title with over $4 Billion in lifetime trading volume between players.

The invaluable insights gained from the experience of building and scaling Axie Infinity position Sky Mavis as an ideal collaborator, offering valuable support, grants to mitigate risks, and enhancing the chances of success for games joining Ronin.

“Token launches are a seminal moment for teams building in crypto. Impossible has a wealth of experience in research, advisory and listing and navigating the pitfalls when it comes to launches. We are delighted to be working with Impossible on making every token launch on Ronin a successful event for all stakeholders.” – Bailey Tan, Director of Ecosystem Strategy, Sky Mavis.

Why Ronin?

Ronin is hyper-optimized for gaming, secure and highly scalable:

• Battle-tested and scalable: In 2021, Ronin Network successfully processed 15% of the overall trading volume in the NFT market, showcasing the network’s effectiveness and reliability. As the home of Axie Infinity assets, including Axies, Land, SLP, and AXS, it stands as a testament to its scalability, ranking third in NFT sales by volume.

Snapshot taken on 06/12/2023

• Hyper-optimized for gaming: Ronin Network distinguishes itself by curating high-quality apps and ensuring minimal bloat with high game uptime, it offers an unparalleled gaming experience.

• Fully secure: Sky Mavis has prioritized transforming into a fully antifragile, zero-trust organization, implementing stringent security protocols. Every line of code underwent thorough review and optimization, with security experts auditing the entire architecture. Ronin’s robust security measures are a direct result of Sky Mavis facing challenges head-on. The Ronin Validator Breach in March 2022, where significant assets were drained from the Ronin Bridge, served as a turning point. This breach was not due to a technical flaw, but a socially engineered attack by an elite group of hackers.
• Largest ecosystem for blockchain games. At this time, with a MAU of ~511K on the Ronin, Ronin is the largest ecosystem for blockchain games. This is contributed by the massive growth of Pixels (an interoperable Web3 farming game) starting from ~5K DAU, it now brings in over ~100K DAU to the network, (source). This is a testament to Sky Mavis’ capability in product development, community building, and go-to-market strategies.

Ronin token – RON

RON is the ecosystem token of Ronin. The RON token enables users to pay for transactions on Ronin, includes decentralized finance (DeFi) features like community governance, and utility via staking through validators to earn rewards.

Ronin validators need to hold and stake RON to participate in validating blocks. They are rewarded with newly issued RON. These rewards are divided up among a validator and its delegators based on the RON they have staked with the validator.

With the launch of “Ronin Launchpad” powered by Impossible, tokens like RON, AXS and IDIA will potentially gain additional utility as they can be staked for allocations during public sales.

To learn more about RON’s tokenomics, you can read more about it in this article.

About Ronin

Ronin is an EVM blockchain specifically forged for gaming. Launched by Sky Mavis, the creator of Web3’s breakout title Axie Infinity which has generated over $1.3B in revenue, Ronin is the only blockchain proven to scale a single game to accommodate millions of daily active users and has processed over $4B in NFT volumes. Ronin optimizes for near-instant transactions and negligible fees that enable millions of in-game transactions to occur seamlessly, making it the leading choice for Web3 games.

Website | Twitter | Discord

About Impossible Finance

Impossible is an on-chain native, research advisory firm with a DeFi launchpad and accelerator. We help projects kickstart, fundraise, scale and launch their tokens while enabling users to learn, discover and invest in high-quality crypto opportunities.

Website | Twitter | Discord | Telegram | Blog

Contact

Impossible Finance Team
Press@impossibe.finance

Singapore, Singapore, December 7th, 2023, Chainwire

Deepcoin, a global cryptocurrency derivative trading platform, is thrilled to announce the listing of Stratos on its platform. The initial futures listing for STOS/USDT is already available for trade since 2023-11-28 21:00(UTC+8) while spot trading commenced from 2023-11-30 22:00(UTC+8). 

About STOS

STOS represents the token of the Stratos project, accessible on both the Layer-1 Stratos chain and as an ERC-20 token on the Ethereum chain, with a max supply of 100 million. Since Stratos chain is EVM compatible, STOS is also accessible on any chain that is EVM-compatible. The STOS token is an innovative digital asset designed for a myriad of decentralized applications within the blockchain ecosystem. Unlike traditional cryptocurrencies solely focusing on transactions, STOS stands out as a versatile token aiming to revolutionize decentralized data management and storage. 

The STOS token helps address the persistent data storage challenges faced by blockchain networks. Current blockchains necessitate maintaining an exhaustive ledger at each node, posing limitations on their overall storage capacity. This creates a significant bottleneck as the local storage of each node dictates the blockchain’s storage limit, hindering the expansion of storage capabilities, bloating a blockchain overtime. STOS seeks to tackle this issue head-on by introducing solutions that transcend these storage limitations, enabling efficient scalability without compromising decentralization. 

The STOS token powers Stratos, a web3 project pioneering the next generation of decentralized infrastructure that encompasses a scalable and reliable all-in-one network providing storage, database,computational networks and blockchain to present a compelling solution catering to the evolving needs of the digital economy. This mechanism empowers a high-performance decentralized storage network driven by hot data, catering to the growing demands of various Dapps.This evolution is poised to offer unparalleled scalability for blockchain and Web3 ecosystem while preserving the decentralized essence inherent in distributed protocols. 

The STOS token’s adaptability and utilization extend beyond mere transactions, enabling a spectrum of services such as fee settlements, miner incentives, and resource consumption verifications. As the cryptocurrency supporting the Stratos project, STOS emerges not just as a medium of exchange but as a foundational element driving the innovation and sustainable growth of decentralized data storage solutions.

Ego Huang, CEO of Deepcoin, commented on the recent listing of the STOS token on the DeepCoin cryptocurrency exchange in a statement that reflected his optimism for the collaboration. Huang remarked: “The addition of the STOS token to our exchange marks an exciting milestone for us and the broader crypto community.”

About Stratos

At the core of the Stratos project lies a visionary concept poised to redefine the landscape of decentralized data infrastructure. This next-gen decentralized infrastructure is meticulously designed to tackle the limitations of existing blockchain infrastructure while retaining its intrinsic benefits. By introducing a meta service layer bolstered by Proof-of-Authority mechanisms, Stratos pioneers management services encompassing indexing, routing, and auditing tasks. This meta service layer ensures the maintenance of multiple copies of files across its P2P network, significantly enhancing reliability and accessibility. This also redefines the traditional notion of a storage network, elevating it to a decentralized data mesh, guaranteeing efficiency and reliability.

Comprising decentralized storage, database, and computation components, Stratos also offers a multifaceted approach to handling various data types. From structured to unstructured data, Stratos employs tailored processes to enhance data querying and manipulation, amplifying its utility across various use cases. Stratos decentralized storage is designed to store hot data, whether it’s video, audio, documents or your Decentralized Application code. The seamless collaboration between the blockchain layer and the resource layer ensures comprehensive services, ranging from fee settlements to customizable PaaS and SaaS offerings, forming the bedrock of this comprehensive decentralized data ecosystem.

Users can gain access to computing resources traditionally monopolized by centralized entities by leveraging the Stratos decentralized Cloud, fostering a paradigm shift towards decentralized computing. This innovative approach democratizes access to resources, empowering users while forging a network of interconnected small data centers to offer efficient, localized services. This ultimately allows Stratos to pioneer a new era in the information age where decentralized storage becomes the cornerstone of a more accessible and equitable digital landscape.

Stratos has recently announced its successful integration with Polygon’s Solution Provider Network (SPN), a significant move towards fortifying decentralized infrastructure. This new collaboration aims to streamline connections between developers and critical infrastructure elements like oracles, bridges, RPC providers, and wallets, expediting dApp development and deployment. Stratos, committed to empowering Web3 developers, seeks to enhance decentralized storage efficiency by leveraging its expertise within Polygon’s dynamic ecosystem. The collaboration aspires to bolster accessibility, scalability, and efficiency in decentralized data storage, laying the groundwork for a more resilient web3 infrastructure.

For more information:

Website | Twitter | Telegram Group | Telegram Announcement | Discord | Medium

About Deepcoin

Deepcoin is a leading cryptocurrency derivatives exchange committed to providing users with a secure, efficient, and innovative trading experience while known for its relentless innovation and long-term value proposition. Founded in 2018 by industry veterans and former executives of renowned companies, Deepcoin has amassed over 3 million registered users across 30 countries, facilitating a cumulative trading volume exceeding US $1 trillion. Having broad support for global fiat currency deposits, Deepcoin enables direct purchases of major cryptocurrencies and offers a range of trading options for over 100 cryptocurrencies. Its user-friendly platform includes spot trading, perpetual contracts, inverse perpetual contracts, and DeFi financial management savings, backed by 24/7 multilingual customer support, empowering individuals and institutions to navigate the digital asset market with confidence and ease. Deepcoin continues to redefine the crypto trading landscape, delivering unparalleled innovation and exceptional user experiences.

For more information: Website | Twitter | Telegram

Contact

Senior PR Manager
Shirley Zhang
Deepcoin
shirley.zhang@deepcoin.info

Dubai, United Arab, December 5th, 2023, Chainwire

In a bold move that redefines the blockchain landscape, WOW EARN announces the launch of its innovative WOW EARN Chain, now operating as a Layer 1 blockchain. This significant technological advancement positions the WOW EARN Chain at the forefront of blockchain innovation, offering unmatched efficiency, global accessibility, and a suite of unique features.

Helping developers at all stages of development, WOW EARN Chain’s mission goes beyond being just a public chain. It focuses on discovering and supporting innovative, high-potential developers and projects. WOW EARN chain will continuously improve the efficiency of Ethereum, providing supplementary expansion and support for the Ethereum ecosystem.

By leveraging WOW EARN’s comprehensive web3 ecosystem, the chain aims to become the birthplace of innovative technologies and businesses, establishing a complete cycle of technology development, application promotion, and efficient transactions.

Key Highlights of WOW EARN Chain

1. Strategic Shift to Layer 1: By building a Layer 1 blockchain, WOW EARN Chain has enhanced its core infrastructure, offering a more robust and scalable foundation for blockchain applications. This shift signifies a commitment to providing a high-performance platform capable of supporting the growing demands of the blockchain community.
2. Low Transaction Fees with WOW coin: Emphasizing economic accessibility, the WOW EARN Chain features extremely low transaction fees, with transactions being processed for as little as 100 WOW. This approach makes blockchain participation more affordable, encouraging a wider adoption among users and developers.
3. Global Node Deployment for Enhanced Connectivity: Recognizing the importance of a global presence, WOW EARN Chain has strategically deployed official nodes across key regions, including Asia-Pacific, Australia, Europe, and the Americas. This expansive network ensures that developers around the world can enjoy high-speed and reliable network connectivity, facilitating seamless blockchain experiences.
4. Exceptional Current Limit for High-Volume Processing: With an impressive current limit of 100 qps, significantly surpassing the typical 5 qps offered by other public chains, WOW EARN Chain sets a new standard in transaction processing. This capability is pivotal for applications requiring high transaction throughput, offering an efficient and reliable platform for various blockchain use cases.
5. Innovative Hybrid Proof of Stake (HPoS) Consensus Mechanism: The WOW EARN Chain employs the HPoS consensus mechanism, blending the benefits of Proof-of-Equity (PoE) and Proof-of-Stake (PoS). This hybrid model ensures a balance between security, speed, and cost-effectiveness, reducing transaction costs while maintaining competitive transaction speeds.
6. Ethereum Virtual Machine (EVM) Compatibility for Seamless Integration: Continuing its alignment with Ethereum, WOW EARN Chain supports EVM compatibility, enabling developers to create and deploy decentralized applications (dApps) with ease. This compatibility facilitates seamless integration with the broader Ethereum ecosystem, enhancing the chain’s utility and appeal.
7. Cross-Chain Functionality for Expanded Reach: The WOW EARN Chain is not limited to its native capabilities; it extends its reach through integration with 10 diverse blockchain chains, such as Base, OkEX, Velas, and ZkSync. These integrations are carefully chosen to enhance various aspects of the chain, from liquidity and security to scalability and transaction efficiency.
8. Empowering Developers with Resources and Support: Understanding the critical role of developers in the blockchain ecosystem, WOW EARN Chain is committed to providing extensive support and resources. This includes special funds for high-potential projects, hosting developer-centric activities, and fostering a collaborative environment for innovation and growth.

Advancing the Blockchain Industry with WOW EARN Chain

“The WOW EARN Chain is not merely a technological leap; it’s a comprehensive blockchain solution designed to empower developers, streamline transactions, and expand the global reach of blockchain technology,” says Yara, VP of Marketing at WOW EARN. “Our transition to Layer 1, coupled with our commitment to providing a high-speed, economically accessible, and developer-friendly platform, marks a new chapter in blockchain evolution.”

The opportunity to become a validator is open to any participant in the network. Should an individual’s stake rank within the Top 21, they ascend to the role of an active validator for the forthcoming period.

The operational dynamics of active validators are governed by a set of pre-established rules, under which they sequentially partake in the block packaging process. When a validator does not fulfill their block packaging duty within their designated time slot, other validators who have been less active in the recent cycle (specifically those not participating in the last half of the blocks) are randomly selected to execute this task. It is imperative that a minimum of half the number of validators, plus one, are functioning to ensure the smooth and uninterrupted operation of the blockchain.

About WOW EARN

As a leading innovator in the blockchain space, WOW EARN is dedicated to connecting users with decentralized opportunities in mining, earning, and trading. Following its strategic move to Layer 1 and a successful $30 million Series A funding round, WOW EARN is well-positioned to drive significant advancements in the DeFi ecosystem.

For further information, visit WOW EARN’s: Official Website | Twitter | Telegram | Discord | Medium

Contact

Yara G
WOW EARN
yara@wowearn.com

Dubai, UAE, December 4th, 2023, Chainwire

After two years in development LandX, the agricultural finance protocol, successfully closed its private investment round surpassing expectations. The round raised over $915,000 USD from private investors which brings the total raised to over $5 million USD. The milestone marks a significant vote of confidence in the potential for LandX to bring real world assets on-chain.

Public Round Starts

Following this the project is set to go live this week with its public round, presenting a broader audience with the opportunity to secure an allocation of the LNDX governance token. The public sale is being launched on a first come first served basis with a limited supply of 3,000,000 tokens priced at $0.50 USDC.

The LandX community will be given priority access from the 4th of December, then any remaining tokens will be opened up to the general public from the 10th of December.

Public Sale: Starts Monday 4th December

• Omega Sale: Monday, 4th December
• Alpha Sale: Thursday, 7th December
• Public Sale: Sunday, 10th December
• Public Sale Closing: Wednesday, 13th December

LNDX Listing on multiple exchanges: Thursday, 14th December

Platform Official Launch: On Friday, 15th December users will be able to experience the full potential of LandX’s innovative agricultural finance platform

A New Chapter Begins

The public round enables anyone with an Ethereum wallet to allocate capital and invest in LNDX tokens. This move is aligned with LandX’s vision of democratizing access to agricultural financial products through blockchain technology.

LandX is the first project to bring agricultural commodity assets and tokenized farmland into the decentralized finance ecosystem. Through an innovative product known as xTokens LandX will create inflation-hedged, uncorrelated digital assets which can be traded 24/7 on decentralized exchanges.

The LNDX token is at the heart of the LandX platform, designed to foster a sustainable and efficient agricultural finance ecosystem. When staked the token holder can earn a share of the platform fees and participate in governance decisions. There is a limited distribution of the LNDX after launch with private sale investors locking their tokens for 3-12 months and seed investors voluntarily locking their tokens for 48 months. This in combination with the $500,000 guaranteed capital deployment in the decentralized exchange liquidity pools providing a unique opportunity in the fastest-growing sector in decentralized finance.

How to Participate

Investors outside the US and other restricted regions who are interested in the public round can connect with the LandX team on Discord, Telegram or visit the LandX website for more information on how to participate.

“We would like to thank our amazing community for giving us the opportunity to bring this vision to life. It is with your support, trust and feedback that we will shape the future of agricultural finance” – LandX Spokesperson

Users can find more information about LandX, the LNDX token and the public round at https://landx.fi/

About LandX

Bridging the agriculture financing gap, LandX provides upfront capital to farmers in return for a percentage of their future harvests. The financing is secured by the underlying farmland, offering investors a potential opportunity to earn sustainable yield backed by tangible assets.

Contact

Press Relations
LandX Finance
info@landx.fi