New York, New York, July 18th, 2024, Chainwire

XION’s groundbreaking chain abstraction Web3 technology enables EarnOS to transform digital advertising, driving unprecedented user engagement and brand awareness for global companies.

XION, the first blockchain purpose-built for mainstream adoption through chain abstraction, announced the massively successful beta launch of the EarnOS platform which included a prominent ridesharing application, clothing, and accessory brands which together command a market capitalization exceeding $165 Billion. The initial campaign showcased how XION’s chain abstraction technology enabled EarnOS to build a platform that revolutionizes user acquisition, engagement, and rewards in the digital advertising space.

The EarnOS launch on the XION blockchain saw remarkable results, with over 200,000 verified users participating and more than 1,300,000 unique brand interactions ranging from social media acquisitions, bespoke advertisement campaigns, immersive augmented reality experiences and more. Participating brands overall achieved a 9000% boost in brand awareness coupled with significant growth on social media platforms.

These impressive metrics have prompted the aforementioned ridesharing company to substantially increase its planned spending on the EarnOS platform, which is disrupting the $1 Trillion digital advertising market through novel economic incentivization models. By leveraging XION’s advanced chain abstraction technology, the platform enables brands to acquire, reward, and engage users globally through targeted advertising actions in ways previously not possible.

“We’re seeing the future of Web3 unfold, where blockchain technology becomes accessible to mainstream audiences, opening up massive customer bases for participating brands,” said Burnt Banksy, Founder of XION. “The success of the EarnOS launch demonstrates XION’s unique ability to enable true consumer-facing applications and drive mainstream adoption by fully abstracting away crypto complexities.”

Key to EarnOS’ user-friendly experience is XION’s chain abstraction infrastructure. Users can log in with their email and interact seamlessly across all devices, without the need for seed phrases, plugins, wallets, gas fees, popups, or complex transaction signing. Additionally, global USDC micropayment rails enable advertisers to reach wider audiences through innovative economic incentives. This breakthrough in user experience, coupled with the power of blockchain technology, can position EarnOS and XION at the forefront of the next generation of mainstream-ready Web3-powered applications.

About XION

XION is the first layer one blockchain purpose-built for consumer adoption through crypto abstraction. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION enables secure, intuitive, and seamless user experiences. The project has previously raised over $36M from top-tier investors, including Animoca, Circle Ventures, Multicoin, Draper Dragon, Spartan, and more.

To learn more about XION, users can follow @burnt_xion on Twitter, subscribe to the XION Blog, or visit xion.burnt.com.

Contact

M Group Strategic Communications
burnt@mgroupsc.com

Los Angeles, CA, June 12th, 2024, Chainwire

Proof of SQL is orders of magnitude faster than state-of-the-art zkVMs and coprocessors.

Space and Time (SxT), the Verifiable Compute Layer for AI x Blockchain, today released Proof of SQL, a high performance zero-knowledge prover for processing data, on GitHub. 

Proof of SQL is a novel ZK proof developed by SxT, which cryptographically guarantees that SQL database queries were computed accurately against untampered data. Using Proof of SQL, developers can compute over both onchain and offchain datasets in a trustless manner, proving the result back to their smart contract just-in-time during a transaction to power more sophisticated DeFi protocols with data-driven smart contracts.

“Space and Time is thrilled to lead Web3 into a new era of data-driven smart contracts and the next generation of DeFi,” said Jay White, PhD, Co-Founder and Head of Research at SxT, and the inventor of the Proof of SQL protocol. “Our team pioneered sub-second ZK proofs so that smart contracts and AI agents can ask questions about a chain’s activity, as well as offchain data, and receive back trustless SQL query results onchain during a transaction without having to wait for 30 minute proof times.”

Proof of SQL was released in alpha to a select group of SxT customers in August. With today’s release on GitHub, the protocol is now available to the public. Community members can run trustless queries on SxT on the Space and Time Studio, and developers can download the repository directly from GitHub. 

Proof of SQL is the first ZK prover that runs sub-second. In the latest benchmarks run by the SxT cryptography team, the protocol can execute analytic queries over 100k-row tables in less than a second on a single GPU, and can aggregate over millions of rows of indexed data within Ethereum block time on a single NVIDIA T4.

Proof of SQL offers a significantly more performant architecture for processing large volumes of data than generalized zkVMs and co-processors. While generalized zkVMs offer an extensible solution for arbitrary computations, data processing is slow to prove.

Proof of SQL can be integrated with these zkVMs to provide verifiable source data that arbitrary code can be executed over. Space and Time encourages and invites contributions from the community, as well as other ZKP engineering teams to collaborate in the repo. The prover can be integrated into any SQL database (such as Google BigQuery), centralized or decentralized, and is already securing some of the most prominent Web3 apps, financial institutions, and enterprises.

About Space and Time

Space and Time is the verifiable compute layer for AI x blockchain that joins tamperproof onchain and offchain data to deliver enterprise use cases to smart contracts and LLMs. Space and Time has developed a novel cryptography called Proof of SQL that allows developers to connect analytics directly to smart contracts, opening up a wealth of powerful new use cases and business logic on blockchain technology. Space and Time is built from the ground up as a multichain data platform for developers in financial services, gaming, DeFi, or any project requiring verifiable data across enterprise, blockchain and AI.

For more information, visit: Website | Twitter | Discord | Telegram | LinkedIn | YouTube

Contact

Catherine Daly
marketing@spaceandtime.io

Dubai, United Arab Emirates, May 17th, 2024, Chainwire

Penguiana’s presale, the penguin-themed Solana meme coin, has now surpassed 1,500 SOL. The team believes this achievement underscores the growing interest surrounding Penguiana within the crypto and meme coin communities.

Inspired by the playful and communal nature of penguins, Penguiana is more than just another meme coin. It is poised to become a significant player in the Solana ecosystem, leveraging the blockchain’s fast processing and low fees to attract both crypto enthusiasts and meme coin lovers.

$PENGU Token and Its Utility

At the heart of Penguiana lies the $PENGU token, with a total supply of 100 million tokens. Sixty percent of these tokens (60 million) are allocated for the presale, offering early adopters a chance to participate in the project’s journey from the start.

The $PENGU token is designed for in-app usage within Penguiana’s ecosystem, particularly in the upcoming play-to-earn game.

Token holders will use $PENGU to mint exclusive NFTs, purchase in-game items, and participate in special game events, adding utility to the token.

The $PENGU token is currently undergoing an audit to ensure it’s security and assure $PENGU token holders that the token contract has been verified by a third party to be secure.

Presale Details and Participation

The Penguiana presale continues is underway, with more than 15 days remaining.

Here are the key details:

Total Supply: 100 Million $PENGU Tokens

Presale Allocation: 60 Million $PENGU Tokens

Presale Duration: 31 Days

Presale Caps: Minimum 0.5 SOL, Maximum 100 SOL

Users can acquire $PENGU tokens by visiting the link below.

https://penguiana.com/

How to Join the Penguiana Presale

Wallet Preparation: Users need to set up a Solana-compatible wallet such as Phantom or Solflare. It is crucial to use a private wallet for this transaction, as transfers from centralized exchanges are not eligible for the airdrop.

Available $SOL Balance: Users need to SOL tokens on their private wallet.

Sending $SOL to the Presale Address: Interested users should navigate to the Penguiana presale page (https://penguiana.com) to find the designated presale address. Users need to verify the address and send their SOL contribution.

Allocation Check: Users need to check their $PENGU token allocation in the designated section on the presale page.

$PENGU Token Airdrop: After the presale concludes, $PENGU tokens will be airdropped to participants’ wallets in proportion to their contributions.

Upcoming Game Trailer and Major Announcements

Penguiana is set to release a game trailer next month, showcasing the play-to-earn features of the $PENGU token. Additionally, the team has announced that several partnerships will be revealed next month, further solidifying Penguiana’s position in the market.

About Penguiana

Penguiana is more than just a meme coin; it’s a pioneering project on the Solana blockchain that integrates the fun of meme culture with the profitability and engagement of a play-to-earn blockchain game. Utilizing Solana’s high throughput and low transaction costs, Penguiana aims to provide a seamless and immersive gaming experience that rewards its players.

Stay Connected with Penguiana

Website: https://penguiana.com

Telegram: https://t.me/penguiana

Discord: https://discord.com/invite/y7M3yDFjUt

Twitter: https://twitter.com/penguianaonsol

Penguiana is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact

Team Lead
Zan Kowalski
Penguiana
contact@penguiana.com

London, United Kingdom, May 6th, 2024, Chainwire

GBM Auction (https://gbm.auction), the Bid-to-Earn Auction company, is thrilled to announce a historic collaboration event with Dr. Gavin Wood, co-founder of Ethereum and the founder of Polkadot and Kusama, to commemorate the 10th anniversary of the publication of the Ethereum yellow paper and the recent release of the JAM grey paper. 

This event will feature three auctions for iconic pieces of blockchain memorabilia, representing pivotal moments in the world of blockchain technology. The online auctions, hosted at https://gavinwood.gbm.auction are slated to commence on May 16th, 2024, during the ‘Decentralized Lugano’ conference in Switzerland and will run for seven days with the proceeds from these auctions supporting the DEC’s Ukraine Humanitarian Appeal: (https://www.dec.org.uk/appeal/ukraine-humanitarian-appeal).

This groundbreaking set of auctions will be hosted on the Moonbeam blockchain, a parachain on Polkadot, utilising Glimmer (GLMR), the native currency of the Moonbeam chain, for bidding.

The remarkable items to be auctioned are:

• An Ethereum yellow paper annotated and signed by Dr. Gavin Wood, featuring the EIP-150 revision version crucially addressing the aftermath of the infamous 2016 DAO hack attack.
• An original “Draft 1” version of the Polkadot white paper annotated and signed by Dr. Gavin Wood, presenting the vision for the Polkadot network protocol.
• A “Draft 0.1.0 Dubai” unreleased version of the JAM Grey Paper annotated and signed by Dr. Gavin Wood, of which only 200 copies were ever made and gifted to his inner circle by Dr. Wood himself. This Grey Paper introduces a visionary step towards a more scalable, efficient, and dynamic blockchain network.

Each item represents a unique piece of blockchain history, personally annotated and signed by the author and luminary who coined the universally recognised term “Web 3.0”. The auctions will be run by GBM Auction, known for its innovative Bid-to-Earn system, which has revolutionised the auction experience for the blockchain space and seen over 70,000 auctions ho​​sted and $6M earned by bidders to date. GBM Auction’s Bid-to-Earn system incentivises participation by rewarding bidders when they are outbid. This unique approach ensures an engaging and popular auction experience, benefiting both sellers and bidders alike. 

Hugo McDonaugh, co-founder of GBM Auction, expressed his enthusiasm for this unique opportunity to celebrate these three foundational steps in the journey of Ethereum, Polkadot and blockchain technology with this historic auction. “The Ethereum yellow paper laid the groundwork for a decentralised revolution that has reshaped industries and empowered millions worldwide. The Polkadot white paper introduced a vision for a scalable, interoperable multi-blockchain network, and the JAM grey paper addresses critical issues that have challenged previous decentralised systems with a new protocol facilitating a more connected and coordinated ecosystem”, said McDonaugh. “This auction is a tribute to the pioneers who contributed to Ethereum’s journey and a celebration of its enduring legacy ten years on”.

As a gesture of solidarity and support for those in need, Dr. Gavin Wood is donating the proceeds of the auction to the Ukraine Humanitarian Appeal of the Disasters Emergency Committee (DEC). The DEC provides essential assistance such as food, water, shelter, and healthcare to families in Ukraine and refugees in neighbouring countries. Known for its transparency, the DEC ensures that funds are utilised effectively to address the urgent needs of those affected by crises. GBM Auction invites esteemed technology and blockchain collectors to participate in this historic event while making a meaningful contribution to humanitarian efforts in Ukraine.

For more information about the auction and to find out how to participate, please visit https://gavinwood.gbm.auction

About GBM Auction

GBM Auction is the Bid-to-Earn Auction company. In a GBM Auction, there are only two outcomes, users either win the auction or they earn an incentive when they’re outbid. This model provides the best environment for bidders who get a rewarding and engaging experience whilst ensuring sellers get the true market value for their assets. GBM Auction has been active since 2018 and has seen over 70,000 auctions completed and $6m earned by bidders to date.

Contact

Head of Marketing
Jake Scott
GBM Auctions
jake@gbm.auction