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

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