Santa Clara, CA, September 12th, 2024, Chainwire

CARV is launching a $50 million accelerator to incubate projects capable of driving the mass adoption of its eponymous data protocol.

With backing from top blockchain VC funds, including HashKey Capital and Consensys, the modular data layer for gaming and AI has pledged to support innovators, particularly those actively building the future of decentralized data.

Backed by CARV Protocol, the accelerator’s mission is to enable a dynamic, decentralized data infrastructure that empowers users to control and monetize their data. It will provide comprehensive support to startups, including funding and investment backed by leading industry funds, go-to-market and growth support, expert tokenomics advisory, infrastructure and tooling tech advice, and access to the company’s industry network and community.

“Our goal is to enable a decentralized data ecosystem for broader innovation,” said CARV Co-Founder Victor Yu. “Building sustainable data infrastructure hinges on creating a dynamic data flywheel, which requires modular infrastructure and a critical mass of high-quality applications post-PMF. To push for the next hockey stick, we want to further encourage building by more players.”

As well as direct funding and investment, CARV Labs will supply marketing and growth support, plus tokenomics advisory services, community-building, and prioritized infrastructure and tooling support from CARV and its network partners.

Current industry investors set to play a role in the accelerator’s vertical-specific programs include MARBLEX, the web3 arm of South Korean mobile game developer Netmarble; Intella X, the Web3 Publishing arm of South Korea’s Global Game Developer and Publisher NEOWIZ, the crowdfunding platform Alphastarter; Doublejump.tokyo, the developer behind the Oasys blockchain; various business angels; game publisher Xterio; Solana, NEAR and Ronin networks. 

Additional partners such as Arweave, Litentry, the Linea Ecosystem Investment Alliance (LEIA), and Alibaba Cloud will also promote the accelerator. Linea, the secure zkEVM L2 that empowers dapps to thrive, will further market a web3 gaming offer later this year that will connect to the accelerator. 

The first project incubated under CARV Labs, BANANA, an idle game built on the TON ecosystem, attracted over 8M users within just 4 weeks with more than 1M daily active users, 1.8M social accounts connected, and 73M social tasks completed. The rapid success of BANANA underscores CARV Labs’ effectiveness in fostering innovation and driving user engagement in decentralized applications. This milestone showcases the potential for future projects and positions CARV Labs as a leader in the space.

The groundswell of applications building on the protocol has enabled CARV to generate over $5 million in revenue YTD, with more games and projects in the pipeline. Last month, it announced the launch of its Alphanet, run by the 40K verifier nodes distributed to its community worth $35M. The milestone was considered an important one as CARV evolves into a truly decentralized and scalable protocol layer. Alphanet’s arrival followed April’s Series A funding round, led by Tribe Capital and IOSG Ventures, which attracted $10 million. 

Gaming, AI, and data infrastructure projects interested in finding out more about the new accelerator are advised to reach out via CARV’s official Discord channel.

About CARV

CARV is building the largest modular Identity and Data Layer (IDL) for gaming, AI, and beyond, integrating over 900 games and AI companies, representing more than 30% of all Web3 games, and serving 9.5M+ registered players with 1.3M+ daily active users and 2.8M unique on-chain CARV ID holders. Ranking among the top three globally with 2.1M+ average daily unique active wallets across 40+ chains, CARV has raised $50M in total funding from top-tier investors like Tribe Capital, Temasek Vertex, HashKey Capital, Animoca Brands, and ConsenSys, along with major gaming studios and ecosystems such as MARBLEX (Netmarble) and the Sandbox. The team comprises industry veterans from Coinbase, Binance, Google, and Electronic Arts, all dedicated to revolutionizing data usage in gaming, AI, and beyond.

About HashKey Capital

HashKey Capital is a global digital asset and blockchain leader helping institutions, founders and talents advance the blockchain industry. As one of the largest crypto fund managers and being the earliest corporate investor in Ethereum, HashKey Capital has managed over US$1 billion in client assets since its inception. Leveraging its unparalleled expertise, HashKey Capital’s venture investments team oversees a diversified portfolio of over 600 pioneering projects across institutional services, infrastructure, data, AI, consumer services/ technology and more.

About Consensys

Consensys is the leading blockchain and web3 software company. Since 2014, Consensys has been at the forefront of innovation, pioneering technological developments within the web3 ecosystem. Through our product suite, including the MetaMask platform, Infura, Linea, Diligence, and our NFT toolkit Phosphor, we have become the trusted collaborator for users, creators, and developers on their path to build and belong in the world they want to see. Whether building a dapp, an NFT collection, a portfolio, or a better future, the instinct to build is universal. Consensys inspires and champions the builder instinct in everyone by making web3 universally easy to use and develop on. To explore our products and solutions, visit https://consensys.io/.

Website | Discord | X | Telegram | Medium

Contact

COO
Victor Y.
vito@carv.io

Boston, Massachusetts, September 11th, 2024, Chainwire

Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market.

The Web3 Foundation, in partnership with Scytale Digital, has led the seed funding round for Hyperbridge, a groundbreaking protocol poised to transform blockchain interoperability. This investment marks a significant milestone as the Web3 Foundation’s inaugural funding initiative, highlighting Hyperbridge’s critical role in the rapidly expanding Web3 ecosystem.

Hyperbridge is emerging as a leader in the rapidly evolving sector, with its industry-leading cross-chain technology already being used by teams like Succinct, Axelar, Union, and Avail. The protocol has also already secured a parachain slot within the Polkadot ecosystem, reinforcing its deep integration and commitment to leveraging Polkadot’s unique strengths. In addition, Hyperbridge’s crowd loan raised an impressive $2.7 million, making it the most successful parachain crowd loan in the Polkadot ecosystem, a testament to its strong community support and technological promise.

“Hyperbridge represents a significant step towards a cross-chain future, embodying the highest standards of security, scalability, and innovation,” said Fabian Gompf, CEO of Web3 Foundation. “By building on Polkadot’s robust framework, Hyperbridge empowers the ecosystem with verifiable, unstoppable interoperability, setting a new benchmark for secure cross-chain solutions.”

Hyperbridge is more than a simple asset bridge, it is a cryptoeconomic co-processor that combines advanced zero-knowledge technology and mechanistic protocols to deliver the most secure and verifiable cross-chain messaging and storage query solution available today. Unlike existing point-to-point bridge models, Hyperbridge introduces a hub model that scales verifiable interoperability across all chains. The platform’s innovative architecture, built on Polkadot, allows it to offer unmatched security and scalability, positioning it at the forefront of cross-chain solutions.

Security is at the core of the Hyperbridge design, with audits conducted by the same team responsible for Polkadot. As the industry grapples with insecure multisig bridges, Hyperbridge’s zk light clients for Polkadot and Ethereum offer a secure, verifiable alternative. By consolidating multiple connections into a unified, reliable network, Hyperbridge aims to be the leader in verifiable, cross-chain communication and interoperability.

“Hyperbridge represents the next evolution in secure cross-chain interoperability.” Said Mark Cachia, CIO of Scytale Digital, “Seun’s deep expertise and innovative approach ensure that Hyperbridge addresses the critical security flaws of traditional bridges and sets a new standard for verifiable and unstoppable interoperability. This investment aligns perfectly with our vision of a fully interconnected web3 ecosystem, and we’re proud to support a project with such transformative potential.” 

Exclusively built on Polkadot, Hyperbridge inherits the network’s unparalleled economic security, giving it the highest level of economic security for any bridge available today. Polkadot’s design, optimized for high interoperability, fast-finality, and affordable compute through agile coretime, provides the perfect foundation for Hyperbridge’s rollup architecture. This close integration allows Hyperbridge to offer cross-chain messaging and storage queries to developers from day one, setting new standards for secure, scalable, and efficient interoperability.

Seun Lanlege, Founder of Polytope Labs, the developers of Hyperbridge, shared, “Bridges are only as secure as their authentication mechanisms. Traditional bridges that rely on multisig committees for authentication have seen over $2B lost to exploits. Hyperbridge disintermediates these middlemen by relying on finality and storage proofs for cross-chain message authentication, providing a level of security equivalent to the blockchains it connects.”

Hyperbridge unlocks a wide array of use cases, including verifiable cross-chain intents, non-custodial native bridges for unified liquidity, and multichain expansion for stablecoins, RWAs, and DAO tokens. It also opens up possibilities for advanced cryptoeconomic coprocessors, such as state coprocessors for TWAPs and on-chain insurance protocols, as well as zk aggregation coprocessors. These innovations set Hyperbridge apart, offering developers the tools to create new financial and decentralized applications that were previously impossible.

About Hyperbridge

Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chain messages (POST requests) and reading on-chain storage (GET requests).

Website, Twitter

About Polytope Labs

Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, Polkadot, and IBC. We’re focused on addressing fundamental infrastructure problems that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. They firmly believe that Web3 is the next evolutionary step of the internet, and they are fully committed to advancing truly decentralized technologies.

Website, Twitter

About Polkadot

Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they’re co-creators with the power to shape its future.

Contact

Jonathan Duran
Distractive
jonathan@distractive.xyz

New York, New York, August 26th, 2024, Chainwire

Nectar AI, an immersive AI companionship platform, announced today it has raised $3.9 million in funding.

The seed round is co-led by Mechanism Capital and Karatage, with participation from Synergis, Maelstrom (Arthur Hayes), Builder Capital, Baboon, and Decima. Notable angel investors include Tekin Salimi and George Lambeth (Dao5), Albert Chon (Cofounder at Injective), Charles Lu (Cofounder at Espresso Systems), Gabby Dizon (Cofounder at YGG), and several other key figures in the crypto space.

The proceeds will be used to scale the team with several key hires on both the AI and protocol side, as well as increase capacity for new partnerships and affiliates.

Nectar AI’s mission is to allow users to create and interact with AI companions that feel indistinguishable from reality. Leveraging the latest developments in generative AI and web3, Nectar AI allows users to create uncensored & replicable multimodal AI companions in either a realistic or anime style. Users can customize their characters at a level of depth unmatched by other platforms, by detecting user intent and responding appropriately with images or text within seconds. Generative AI video creation is also available on the platform, with more in depth video and voice messages coming soon. In the future, users will be able to port their created companions onchain, giving them full IP ownership of their assets as well as the ability to permissionlessly monetize them.

Currently, over 500,000 users on the platform create both AI stories and companions, which allows storytellers to create rich and dynamic role playing experiences that can range from medieval adventures to different encounters. Companions are AI generated agents that can star in any of these stories, similar to casting an actress for a movie.

Members of the Nectar community have lauded the platform for its ability to make uncensored immersive content for entertainment and emotional support.

One user said, “A recent update allowed me to transform my photos into companions. The new ability to bring portraits to life inspired me to create a music video with one of them as the protagonist. Nectar is such a creator-friendly platform, and I’m really looking forward to more updates and eventually monetize my assets.”

Keccak and Zi, the co-founders of Nectar AI, first met at Stanford and began working on the project in August 2023. Prior, Keccak helped start a prominent AI & crypto fund and Zi made significant contributions to realistic synthetic facial generation at Meta and L1 Blockchains. Nectar is set on developing a new protocol set to release later this year to enable financialization of on-chain AI agents.

About Nectar

Nectar AI is building out the future of human and AI interaction. We believe that these experiences should be uncensored and immersive, and our flagship product allows users to create personalized and multimodal AI companions. 

With over 500k users, Nectar AI’s mission is to become the most powerful decentralized platform for creating AI assets, and to deliver an integrated experience both on and offchain. Nectar AI was founded in 2023 by Keccak and Zi, who both graduated from Stanford, and has founding team members from top companies and protocols.

Site: nectar.ai

Info: support@trynectar.ai 

Contact

Nectar AI
support@trynectar.ai

Zug, Switzerland, September 10th, 2024, Chainwire

The Next-Gen Enterprise and Opportunity Navigator (NEON) program will support global enterprises on their journey into web3, fostering innovation and widespread adoption of blockchain technology.

The Aleph Zero Foundation, a pioneer in privacy-enhancing blockchain infrastructure, announces the launch of its NEON Program, a comprehensive initiative designed to support enterprises from various sectors in harnessing the power of blockchain technology. The program will deliver dedicated resources, expert guidance, and ease of access to innovative technology to facilitate deeper integration of privacy-enhancing blockchain technology across various business use-cases.

The NEON Program goes beyond traditional enterprise support by offering a comprehensive suite of resources tailored to each member’s unique needs and ambitions in the web3 space. At its core, the program provides a team of dedicated business and technical experts who work closely with members to navigate the complexities of web3 integration. 

The program caters to a wide range of companies, from those taking their first steps into web3 to seasoned players. This hands-on approach is complemented by a wealth of educational resources, in-depth workshops, and tailored support designed to keep members at the forefront of market and tech developments. By fostering connections with industry experts and exploring potential new revenue streams through ecosystem participation, the NEON Program empowers enterprises to not just adapt to the evolving digital landscape, but to actively shape it.

“Blockchain technology is rapidly expanding into diverse industries, powering an ever-growing array of use cases,” said Antoni Zolciak, Co-founder of Aleph Zero. “As this landscape evolves, businesses need expert guidance to navigate and harness this technology effectively. We’re incredibly proud to launch the NEON Program, offering tailored support that empowers enterprises at all stages of blockchain adoption. Our goal is to foster innovation, drive adoption, and help businesses unlock the full potential of web3 in their operations.”

Strategic Partnerships Across Industries

Aleph Zero has already secured partnerships with global leaders in the telecommunications sector, including Deutsche Telekom and stc Bahrain, demonstrating the blockchain’s capability to meet the rigorous demands of large-scale operations. The program is expanding to include companies and organizations from various industries:

• Pairpoint (A Vodafone and Sumitomo Company): Born from two leading multinationals, Vodafone and Sumitomo, Pairpoint enables devices to act as autonomous ‘economic agents’, allowing them to transact directly between them to create better user experiences. For example, electric cars can pay for their energy, delivery trucks can sell spare capacity, or smart meters can sell their solar production to their neighbors.
• CAMARA Foundation (Linux Foundation): Launched in 2021 under the Linux Foundation and GSMA, the CAMARA Project aims to standardize APIs for telecommunications networks. Aleph Zero joined as the first blockchain General Member to develop and contribute to blockchain-specific initiatives. A key focus of this collaboration is the Blockchain Public Address API, which could revolutionize how users interact with blockchain technologies on mobile devices.

“At Pairpoint, we’re exploring privacy-focused technologies in the evolving ‘Economy of Things,’ where devices are becoming smarter and more autonomous,” said Siva Balasuriyar, CFO and Web3 Lead at Pairpoint. “Joining the NEON program provides Pairpoint with the resources and partnerships we need to strengthen our own knowledge, whilst collaborating with Aleph Zero and others in navigating this groundbreaking landscape. Supported by this partnership, Pairpoint will deploy and operate validator nodes to enhance the resilience and security of the blockchain infrastructure.”

Introducing the Next-Gen Enterprise & Opportunity Navigator Program

The launch of the Next-Gen Enterprise & Opportunity Navigator (NEON) Program marks a new phase in Aleph Zero’s engagement with enterprises. NEON is designed to help members effectively navigate the ecosystem, providing crucial support and fostering collaboration. With Aleph Zero’s unique technology stack that features advanced zero-knowledge privacy capabilities, the program is particularly appealing for applications requiring stringent data privacy.

Membership Benefits of the NEON Program:

• Dedicated Account Manager: Each member is assigned a Single Point of Contact (SPOC) for personalized business and technical support.
• Regular Insights: Members gain access to the latest ecosystem insights through regular updates from the NEON Program.
• Exclusive Networking Opportunities: Members can participate in exclusive networking opportunities at key web3 conferences, events, hackathons, and ecosystem dinners.
• Exploratory Workshops: Members have the opportunity to engage in workshops designed to explore opportunities within Web3 and the Aleph Zero platform.
• Custom AZERO Addresses: Each member receives a unique “yourcompany.azero” enterprise blockchain address.
• Access to Focus Groups: Members can join specialized focus groups on “Data & Tooling,” “Loyalty, Art & Collectibles,” and “Web3 Education,” each tailored to provide in-depth exploration of specific areas of interest.

For more information on how to join the Aleph Zero NEON Program and benefit from its offerings, please visit the official website.

About Aleph Zero

Aleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero-knowledge, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs.

For more information, readers can visit https://alephzero.org/ 

About Pairpoint

Pairpoint is creating the world’s largest Economy of Things (EoT) Ecosystem by providing a secure digital platform that allows vehicles, devices, and machines to autonomously and seamlessly interact and trade with each other.

Headquartered in the UK with offices in London and Lisbon, Pairpoint is backed by a €60M investment from Vodafone Group and Sumitomo Group. For more information on Pairpoint, readers can visit https://www.pairpoint.io. 

For any enquiries about this release, readers can please contact josh@serotonin.co 

Contact

PR Manager
Josh Adams
Aleph Zero
josh@serotonin.co

Zurich, Switzerland, September 9th, 2024, Chainwire

Panda Ling, the latest meme token to emerge on the TRON blockchain, has introduced a Tap2Earn and Task2Earn platform designed to revolutionize crypto earning models. With its user-friendly interface and focus on engagement, the platform allows participants to earn $LING tokens by completing daily tasks and activities through its Telegram-based app.

Ling integrates memes, gaming, and blockchain technology to create an accessible and enjoyable way for users to accumulate $LING tokens. The platform’s “Ease 2 Earn” (E2E) model enables users to earn tokens by performing simple actions, making crypto accessible to all. Points earned from these tasks can be converted into $LING tokens, giving users real-world value for their participation.

Built on TRON for Scalability and Efficiency

The decision to build Ling on the TRON blockchain was driven by TRON’s scalability, low transaction fees, and high transaction speeds, making it an ideal choice for the platform’s high-volume, engagement-driven ecosystem. TRON’s infrastructure ensures that users can participate in the Tap2Earn and Task2Earn activities without concerns about network congestion or high transaction costs.

Key Features of the Ling Platform:

• Tap2Earn & Task2Earn: Users earn $LING tokens by engaging with the platform through simple tasks and games.
• Community Rewards: 80% of the total $LING token supply is dedicated to rewarding and incentivizing the most engaged participants.
• Seamless User Experience: The platform operates as a Telegram mini-app, ensuring a barrier-free experience for all users, regardless of their technical expertise.
• TRON-Based: TRON’s high throughput and low fees allow for an optimized user experience focused on earning rewards.

Ling’s Tokenomics: Sustainable and Community-Driven

Ling’s tokenomics, known as “Lingnomics,” is designed to foster long-term sustainability and community engagement. Key components of the token allocation include:

• Total Supply: 10 billion $LING tokens
• Presale Allocation: 4%
• Community & Incentives: 80%
• Team Allocation: 3%
• Liquidity Allocation: 5%
• Key Opinion Leaders (KOLs): 3%

Ling Presale Event: A Chance to Participate Early

Ling’s presale event, consisting of 8 rounds, offers participants an opportunity to acquire $LING tokens at an early stage. The initial seed round will make 400 million tokens available, priced at $0.014 USD per token. With a soft cap of $2.5 million and a hard cap of $15 million, the presale is positioned to provide a strong foundation for the platform’s growth.

No KYC Required for Presale Participation

The presale process is streamlined for user convenience, requiring no Know Your Customer (KYC) procedure. Participants can simply connect their TRON wallets to purchase $LING tokens securely and efficiently.

About Ling

Ling is a next-generation Tap2Earn and Task2Earn platform built on the TRON blockchain. With a focus on community engagement and real-world rewards, Ling offers a seamless, rewarding experience for users worldwide.

For more information and updates on the presale, readers can follow Ling:

Website : lingontron.com

Twitter(X) : https://x.com/LingCommunity

Telegram : https://t.me/lingontron

Contact

CTO
Mike S
info@lingontron.com

Dubai, United Arab Emirates, September 9th, 2024, Chainwire

Bitunix, a rapidly growing player in the cryptocurrency exchange market, has made a significant leap by ranking as the 13th global exchange on CoinGecko, categorized by trust score on September 2, 2024. This milestone comes on the heels of Bitunix unveiling its reserves through the implementation of Proof of Reserves (PoR), a move that has set a new standard for transparency in the industry.

By disclosing the Proof of Reserves, Bitunix has solidified its reputation as one of the most secure, liquid, and transparent derivatives exchanges worldwide. The exchange has established its place amongst some of the most eminent names in the crypto industry. 

Source: CoinGecko

Factors Behind Bitunix’s Growth

The crypto industry comprises of 1,000+ exchanges, making it a saturated market to break in. Bitunix, one of the fastest growing crypto derivatives exchanges, climbed up the ladder by adopting different practices required to maintain a transparent and secure environment for all kinds of traders.

Bitunix’s PoR initiative reassures users that their funds are backed by real, verifiable reserves, setting a benchmark for accountability. Besides a secure platform, the exchange also allows users to execute trades directly on the chart with minimal effort, making the user experience phenomenal. In addition to this, Bitunix also accounts for high liquidity across 250+ trading pairs and 24*7 customer support.

A Testimony For Crypto Users

CoinGecko’s Trust Score, evaluates exchanges based on factors including transparency, security, and liquidity. Achieving a high rank on CoinGecko, a trusted and widely respected platform in the cryptocurrency space, is more than just a number; it can signify a vote of confidence from the broader crypto user base and communities.

These rankings collectively reinforce Bitunix’s reputation as a reliable and user-centric exchange. With the launch of PoR, Bitunix joins the ranks of other trusted exchanges such as Bybit, OKX, and Bitget, further establishing its credibility and appeal. In fact, this success comes along with another of Bitunix’s great achievements in such a short time, which is to surpass 1 million users.

There are other platforms and rankings that are also validating Bitunix’s achievements, either by showing the exchange’s proof of booking, ranking it at the top of the rankings, etc. Some of these platforms are Coinmarketcap and DeFiLlama.

This achievement highlights the progress Bitunix is making in its commitment to becoming the world’s leading derivatives exchange. With every milestone, Bitunix brings users closer to an environment where trading is effortless, secure, transparent, and increasingly liquid. Moreover, as the company itself points out on its social media, this is just the beginning, as 2024 still brings major releases that they claim will revolutionize the way cryptocurrency trading is done to date.

About Bitunix

Bitunix is a global crypto derivatives exchange founded in 2021, and dedicated to offering intelligent, social, highly secure, and cost-effective trading services to its users. Bitunix specializes in both crypto spot and perpetual futures trading, boasting more than 250 trading pairs with up to 125x leverage.

With attributes such as best liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of delivering a reliable trading experience for the global crypto community. Bitunix has attracted over 1,000,000 users from 100+ countries and has facilitated a cumulative daily trading volume that exceeds $1 billion on the platform.

Website | Telegram | X | LinkedIn

Contact

COO
KX
Bitunix
kx.wu@bitunix.io

Singapore, Singapore, September 9th, 2024, Chainwire

Merlin Chain, a revolutionary Bitcoin Layer 2 platform, has achieved unprecedented milestones in just six months, solidifying its position as the largest Layer 2 in the Bitcoin ecosystem. With a Total Value Locked (TVL) surpassing $1.2 billion and bridge transactions exceeding $16 billion, Merlin Chain has redefined how users interact with Bitcoin, empowering native assets, fostering liquidity, and driving innovative ecosystem developments.

Since its launch in early 2024, Merlin Chain has grown into the largest Bitcoin-native network, with 1.9 million on-chain addresses and over 12.7 million transactions processed. The platform has also become the leading hub for Bitcoin-native assets, hosting over 80% of all Bitcoin-native asset holders.

Merlin Chain’s remarkable achievements in the first half of 2024 include:

• Adoption and Network Growth: With rapid TVL growth of $3.9 billion within 50 days of the mainnet launch and 1.9 million unique addresses, Merlin Chain continues to lead the Bitcoin Layer 2 space.
• Strength in Liquidity: Merlin Chain has facilitated over $16 billion in BTC bridged volume, with $1 billion in spot trading and $1 billion in perpetual trading, securing its position as a key player in Bitcoin liquidity.
• Thriving Ecosystem: Merlin Chain now supports more than 200 decentralized applications (dApps) across DeFi, BTCFi, gaming, NFTs, and more. Leading platforms such as UniCross, Solv Protocol, Avalon Labs, and MerlinSwap have contributed to this robust ecosystem growth, providing the community with innovative services and liquidity solutions.
• Fair Token Distribution: Token fairly distributed to the community. $MERL’s inflation slowed significantly, to only 0.4% in the next 12 months. 

210M $MERL Ecosystem Grant to Accelerate Expansion

To further solidify its leadership, Merlin Chain launched its 210M $MERL Ecosystem Grant Program in June, focusing on enhancing user experience, Bitcoin-native asset innovation, ecosystem engagement, and developer tools. The grant is aimed at expanding the platform’s ecosystem by empowering builders and innovators to contribute to the future of Bitcoin Layer 2.

Technical Advancements and Security

Merlin Chain’s commitment to innovation is supported by its advanced technical architecture. The platform has implemented ZK-Rollup technology and multi-token staking Oracle nodes to enhance security, scalability, and transparency. By integrating solutions like Babylon and BTC Staking/Restaking, Merlin Chain is pioneering new ways to optimize Bitcoin-native asset yields.

Merlin Chain has also partnered with leading security firms such as Celestia for data integrity and Cobo for advanced MPC wallets, ensuring that users have access to cutting-edge technology to safeguard their assets. Additionally, Merlin Chain established the Merlin Security Council, which includes renowned partners like Slowmist and BlockSec, further fortifying its security infrastructure.

Looking Ahead to 2024

As Merlin Chain continues to lead in Bitcoin Layer 2 innovation, it is preparing for even greater expansion in the second half of 2024. With plans to integrate Bitcoin’s latest protocol updates and drive further growth in its ecosystem, Merlin Chain aims to become the dominant force in Bitcoin-native assets, liquidity, and interoperability across multiple chains, including EVM, Solana, and TON.

“We are incredibly proud of the strides we’ve made in such a short time,” said Jeff, Founder of Merlin Chain. “Our success wouldn’t be possible without the support of our community and our innovative partners. As we look ahead, we’re excited to continue pushing the boundaries of what’s possible for Bitcoin and its Layer 2 ecosystem.”

Users can read Merlin Chain’s full report here: https://drive.google.com/file/d/1PtDSlqIHxAC1eiQXI2vB7DRTSXI-NQR_/view?usp=share_link

About Merlin Chain

Merlin Chain is a Bitcoin Layer 2 that integrates the ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud-proof modules. Merlin Chain is committed to empowering Bitcoin’s native assets, protocols, and products on Layer1 through its Layer 2 network to Make Bitcoin Fun Again. Merlin Chain is a subsidiary product line of Bitmap Tech, a premier OG team boasting an overall market cap exceeding $500 million. The BRC-420 “Blue Box” collection under Bitmap Tech has become one of the hottest assets on Ordinals.

For more information, users can visit Merlin Chain’s Website | Twitter | Discord

Contact

Head of BD and Partnership
Jonathan
Merlin Chain
contact@merlinchain.com

Frankfurt, Germany, September 9th, 2024, Chainwire

OceanDoge, a German-based cryptocurrency project, has announced the official launch of its token presale, offering a unique opportunity to participate in a blockchain initiative that combines digital asset development with marine conservation efforts.

OceanDoge is committed to supporting marine conservation while creating a sustainable ecosystem for its token holders. With 71% of the Earth’s surface covered by oceans and 78% of the world’s wildlife living in the seas, OceanDoge recognizes the urgent need for action.

A central part of the project is supporting environmental organizations such as Oceana and other major ocean preserving foundations, which will be funded through donations to protect the oceans and their inhabitants.

OceanDoge as an Environmental Movement in the Crypto Space

OceanDoge sees itself not only as a cryptocurrency but also as a movement that brings people together and promotes collective action for a better planet. By supporting major environmental organizations, the project aims to make a positive impact on the environment.

With a clear token distribution, thoughtful planning, and a solid roadmap, OceanDoge aims to play a long-term role in the crypto world. The developers invite interested parties to join the “OceanDoge Revolution” and work together to protect the oceans and the planet.

Presale Stages and Targets

The OceanDoge presale is divided into several phases, each with different price and sales targets. The presale will involve a total of 54 billion tokens and aims to raise up to $21.15 million:

| Stage | Token Price (USDT) | Tokens Sold (ODG) | Target Fundraise (USDT) |

| 1 | 0.0001 USDT | 28,500,000,000 ODG | $2,850,000 USDT |

| 2 | 0.0004 USDT | 18,750,000,000 ODG | $7,500,000 USDT |

| 3 | 0.0016 USDT | 6,750,000,000 ODG | $10,800,000 USDT |

| Total | – | 54,000,000,000 ODG | $21,150,000 USDT |

Summary:

The OceanDoge presale offers an opportunity for early investors who may value a tiered pricing model. A total of 54 billion tokens will be sold in three phases at varying prices, with an expected total raise of $21.15 million.

OceanDoge’s Future Plans

OceanDoge has outlined its roadmap in five phases, ranging from the introduction of the token to supporting marine conservation projects and strengthening its community. The key milestones include:

1. Initial phase with the creation of smart contracts and token presale.

2. Marketing campaigns and exchange listings.

3. Supporting environmental projects and donating to foundations.

4. Enhancing security measures and community growth.

5. Loyalty programs, governance, and the establishment of its own foundation to support ocean conservation.

Tokenomics and Further Details

The total supply of OceanDoge tokens is 180 billion. Of these, 30% are allocated for the presale, with the token price starting at 0.0001 USDT and increasing through multiple phases. Long-term investors may have opportunities to earn additional rewards by holding and staking their tokens.

About OceanDoge

OceanDoge is a German-based cryptocurrency project that combines blockchain technology with a mission to support marine conservation. By funding environmental organizations and promoting sustainable practices, OceanDoge aims to create a positive impact on ocean preservation while building a long-term ecosystem for its token holders. With a clear roadmap and token distribution, the project seeks to engage a global community in protecting the planet’s oceans. For more information, readers can visit the website: https://oceandoge.com/

Contact

OceanDoge Official
OceanDoge memecoin 2024
info@oceandoge.com

Brussels, Belgium, September 6th, 2024, Chainwire

Aleph Zero will work alongside the world’s largest telecommunications organizations to help to develop standardized blockchain APIs for the industry

Aleph Zero, a blockchain ecosystem engineered for speed, data confidentiality, and ease of development, has officially joined the CAMARA Foundation as a General Member. This strategic move marks a significant step towards integrating advanced blockchain technology with global telecommunications standards, particularly in the realm of Decentralized Identifiers (DIDs).

As a General Member, Aleph Zero will work closely with global telecom and tech leaders within CAMARA to develop and contribute to blockchain-specific initiatives. A key focus of this collaboration will be the Blockchain Public Address API, which has the potential to revolutionize how users interact with blockchain technologies through their mobile devices.

The CAMARA Project, launched in 2021 under the Linux Foundation and GSMA, aims to create standardized APIs for telecommunications networks. This initiative is designed to simplify network complexities and provide seamless access to network capabilities across different operators and countries. A cornerstone of this effort is the Blockchain Public Address API, which was initiated in June 2023 and is currently in version 0.1.0. The CAMARA Project now includes over 230 companies – including Deutsche Telekom, stc, Vodafone and Telefónica – and 650 individual participants.

This API allows for the management of blockchain addresses associated with phone numbers, offering features such as retrieval of blockchain public addresses linked to phone numbers, and the binding and unbinding of these addresses. By utilizing blockchain public addresses as Decentralized Identifiers (DIDs), the API enables telecom service providers to offer third parties the capability to pair phone numbers with blockchain addresses, thereby simplifying transactions for end-users.

Aleph Zero’s expertise in zero-knowledge proofs and privacy-preserving technologies will contribute significantly to the further development and refinement of the group’s blockchain-related solutions. 

Antoni Zolciak, co-founder at Aleph Zero, said: “The integration of blockchain technology into mainstream infrastructure is accelerating at an unprecedented rate. Forward-thinking organizations across various sectors are recognizing the transformative potential of distributed ledger technologies. We’re looking forward to collaborating with various members of the Foundation and contributing to the telecommunications APIs from a blockchain standpoint.”

Aleph Zero, known for its cutting-edge blockchain ecosystem, offers secure, scalable, and privacy-focused solutions for Web3 applications. With its zkOS and EVM Layer 2 network, Aleph Zero continues to push the boundaries of blockchain technology, focusing on privacy, scalability, and interoperability. Aleph Zero recently launched its EVM-layer, an exceptionally fast and efficient blockchain, boasting a block time of up to 250 milliseconds with near-instant transaction finality.

For more information about the CAMARA Project, visit https://camaraproject.org/

About Aleph Zero

Aleph Zero is an ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via highly optimized Zero Knowledge Proofs, and offers a comprehensive toolset for development across web3 that range from WASM to EVM environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.

For all media inquiries, users can contact josh@serotonin.co

Contact

PR Manager
Josh Adams
Aleph Zero
josh@serotonin.co

London, United Kingdom, September 5th, 2024, Chainwire

VSG, a cutting-edge digital currency initially launched on the Ethereum blockchain, is proud to announce its successful listing on Uniswap, one of the world’s leading decentralized exchanges (DEX). This milestone not only follows VSG’s recent Centralized Exchange (CEX) listing on Coinstore but also marks a significant step in enhancing trading volume, accessibility, and financial freedom for its global community.

Uniswap’s Benefits

The listing on Uniswap provides VSG holders and new investors with unparalleled benefits:

• Increased Trading Volume: As a DEX, Uniswap offers the potential for higher trading volumes by tapping into its vast, decentralized liquidity pools. This can foster a more dynamic market for VSG.
• Decentralized Freedom: Unlike CEXs, Uniswap empowers users with complete control over their assets, offering financial freedom. There are no intermediaries, and traders can execute transactions directly from their wallets without the need for a third party.
• Greater Accessibility: Uniswap’s decentralized nature allows anyone, anywhere, to trade VSG without restrictions. This aligns perfectly with VSG’s mission to provide scalable, secure, and cost-effective financial solutions accessible to everyone.

Yan Whittaker, co-founder of VSG, expressed his excitement about the listing: “Our presence on Uniswap is a crucial step in fulfilling our vision of decentralization. It not only complements our existing CEX listing on Coinstore but also expands our reach to a broader audience who values privacy, security, and autonomy in their financial transactions.”

Jason Ansell, VSG’s other co-founder, added: “The freedom and flexibility offered by Uniswap resonate with the core values of VSG. As the narrative coin for the VSC blockchain, this move is essential to enhance our liquidity and provide our community with the freedom they deserve.”

Joining the Movement

VSG’s listing on Uniswap opens up new avenues for growth and innovation. To celebrate this milestone, VSG is offering a series of incentives, including a limited-time NFT competition where participants can win $100 worth of VSG tokens by purchasing VSG’s green NFTs. Additionally, there’s a 1/10 chance to win $1,000 with every ten NFTs sold. For more information, users can visit the official VSG portal on Telegram.

About VSG

VSG is a next-generation digital currency designed to meet the needs of enterprises and individuals alike. Initially launched on the Ethereum blockchain, VSG is transitioning to the VSC blockchain, where it aims to provide a scalable, secure, and cost-effective transactional tool and payment solution. As the narrative coin for the VSC blockchain, VSG plays a central role in driving adoption and innovation within this emerging ecosystem. With its innovative buyback mechanism and robust ecosystem, VSG aims to revolutionize the world of decentralized finance (DeFi).

For further details on how to start trading VSG on Uniswap, users can visit https://vsgofficial.com/ or t.me/vsgportal.

Contact

Fruzsina Lederer
VSG
fruzsi.lederer@gmail.com