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

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

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

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

Key Highlights of WOW EARN Chain

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

Advancing the Blockchain Industry with WOW EARN Chain

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

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

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

About WOW EARN

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

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

Contact

Yara G
WOW EARN
yara@wowearn.com

Dubai, UAE, December 4th, 2023, Chainwire

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

Public Round Starts

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

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

Public Sale: Starts Monday 4th December

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

LNDX Listing on multiple exchanges: Thursday, 14th December

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

A New Chapter Begins

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

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

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

How to Participate

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

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

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

About LandX

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

Contact

Press Relations
LandX Finance
info@landx.fi

Geneva, Latvia, December 4th, 2023, Chainwire

Dukascopy Bank, a leader in online banking and financial services, is pleased to announce the launch of its own service for peer-to-peer (P2P) exchange of cryptocurrencies. This innovative platform offers clients a secure and convenient way to trade cryptocurrencies against fiat currency.

The Dukascopy P2P cryptocurrency exchange service operates as a bulletin board, allowing clients to post their buy or sell ads for various coins paired with fiat currency (USD). Currently, the platform supports 14 major cryptocurrencies, with plans to include a broader range of altcoins and non-fungible tokens (NFTs).

Accessing the P2P crypto exchange service is easy for Dukascopy clients, who can find it within the Dukascopy Connect app under the dedicated P2P section. To utilize this service, clients are required to have an active Multi-Currency Account (MCA) with Dukascopy. In this manner, both customers have already been properly recognized by the Bank and have undergone the required regulatory checks when going through the process of opening their accounts. This helps provide extra clarity and trust for both sides involved in the transaction.

The buy or sell ads are of standardized format and thus are compliant with the requirements of the Bank. The fact that the ads are published in the environment of the Bank guarantees that clients reacting to an ad, thus expressing their intent to enter into the exchange transaction, actually do possess sufficient fiat funds in their account. This minimizes the risk of facing fake requests from counterparties not able to honour their obligations in the exchange transaction.

Further on, Dukascopy Bank plays a crucial role in ensuring the security of fiat settlements during P2P exchanges. When a client initiates a P2P exchange, the Bank temporarily locks the fiat funds of the buyer until the seller successfully delivers the traded cryptocurrency to the buyer’s crypto wallet. This secure process ensures a smooth and reliable transaction experience.

One of the distinguishing features of Dukascopy’s P2P solution is its focus on securing the fiat leg of the exchange. While other platforms primarily provide escrow services for the cryptocurrency leg of the transaction, Dukascopy Bank addresses the risk associated with fiat settlements, which are often harder to verify and control. Users are required to strictly adhere to the rules of the P2P marketplace and keep fiat funds within its secure perimeter. In the event of disputes, the Bank conducts its own investigation to facilitate a fair and secure resolution.

As part of its future development plans, Dukascopy Bank intends to offer API-based connectivity to the P2P marketplace, catering to more advanced and automated trading preferences.

Dukascopy Bank encourages its clients to explore the new P2P Marketplace and provide feedback through the Customer Support chat. The Bank values client input and is committed to continuously improving its services.

Dukascopy Bank’s customers can use the P2P service through the Dukascopy Connect app after they’ve created an account with Dukascopy. You can sign up for an account directly within the app. You’ll find the links to download the app on the P2P solution’s special webpage.

Dukascopy Bank firmly believes that clients using this innovative service will enjoy a safer environment for conducting P2P crypto-fiat exchange operations. To explore other crypto-related services, please visit https://www.dukas.io. General information on MultI-Currency Accounts (MCA) can be found at https://www.dukascopy.bank/

 About 

Dukascopy Bank SA Founded in 2004, Dukascopy Bank SA is a reputable Swiss financial institution regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a bank and securities firm. Committed to innovation and customer satisfaction, Dukascopy has been a pioneer in financial services for over two decades.

Contact

Ariza Abdujeva
Dukascopy Bank S.A.
ariza.abdujeva@dukascopy.com

Toronto, Canada, November 30th, 2023, Chainwire

@NFT Account Makes Resounding Return to Instagram

After 22-months, pioneering entrepreneur returns with mission to strengthen and advance the resurgent realm of NFTs and digital collectibles

The @NFT account, social media’s largest web3 community, has announced its triumphant return to Instagram after a 22-month hiatus. The account, which boasts over 1.5 million followers, was initially launched in February 2021 by Leverage Game Media (LGM), a joint venture co-founded in part by web3 entrepreneur Aaron Avruskin.

The account was initially suspended in February 2022, a few months after Facebook transitioned to its new Meta moniker. After a lengthy period of uncertainty, the account suspension has been lifted, allowing the @NFT team to resume operations under the new handle, @NFT_.

“We are thankful Meta has granted us the ability to resume our mission of fostering a vibrant global community that embraces the transformative potential of web3 and NFTs,” stated co-founder Aaron Avruskin. 

The account’s return comes at a time of renewed interest in the NFT space, with NFT trading volumes reaching their highest levels in months. With its renewed presence on Instagram, the @NFT account is poised to play a crucial role in validating the myriad of use-cases for blockchain and web3 technologies, while empowering its community to navigate the resurgent web3 space. 

“We recognize the responsibility that comes with managing a global brand with considerable influence in this emerging space and are committed to taking proactive steps to aid the artists and entrepreneurs shaping the blockchain ecosystem,” Avruskin added.

About @NFT:

With over 1.5 million followers, the @NFT Instagram account is the largest web3 platform for connection and collaboration on social media. The account highlights emerging artists and delivers editorial coverage of the latest trends, cultivating a thriving community where individuals from diverse backgrounds unite under shared passion for Web3. 

Contact

Michelle Knapp
PR@mediabella.com
1-909-243-9921