Dubai, UAE, February 21st, 2024, Chainwire

CoinMarketCap, the world’s most trusted source of Crypto data, insights, and community, announces the first-ever CMC Crypto Awards, hosted online from February 21st to March 6th. This annual event will honor the exceptional people, products, and projects shaping Crypto and Web3, reflecting CoinMarketCap’s ongoing leadership in the Crypto space and dedication to the community. 

The CMC Crypto Awards recognizes outstanding achievements across eight categories, including Crypto of the Year, Most Innovative DeFi Project and Crypto Leader Of The Year. From Feb 22nd, Award Nominees will be announced daily on CMC’s Website and social media channels, with community voting open until March 3rd. Winners will be determined via a combination of CoinMarketCap’s data, an expert committee and community votes and announced March 6th.

“The innovation we have seen in Crypto this past year is truly inspiring,” said Rush Luton, CEO CoinMarketCap. “Our intention is for the CMC Crypto Awards to become the most recognized annual celebration of Crypto and Web3.  Think of it as the ‘Oscars Of Crypto’, an entertaining way to bring the whole industry together and celebrate the people and projects that are driving the industry forward.  We congratulate all the nominees and look forward to sharing their achievements with the whole global crypto community”

Watch the official CMC Crypto Awards trailer now on CoinMarketCap.com (https://coinmarketcap.com/events/cmc-crypto-awards-2024) and save the date, March 6th for the CMC Crypto Awards ceremony streaming live on YouTube and at CoinMarketCap.com.

The event is hosted in partnership with BingX, Animoca Brands, Binance, Trust Wallet, Coinbase, Chainwire, Zeebu and ICP Hubs Network, uniting the Crypto community in recognizing this year’s achievements. 

MEDIA CONTACT

Jonathan Isaac, CMO, CoinMarketCap

Email: jonathan.isaac@coinmarketcap.com

ABOUT COINMARKETCAP

CoinMarketCap is ‘Home Of Crypto’, the world’s most trusted Cryptocurrency data authority. Its mission is to accelerate the Crypto revolution by organizing the world’s Crypto intelligence and making it easily accessible to all.

Contact

CMC Marketing
Jonathan Isaac
CoinMarketCap
jonathan.isaac@coinmarketcap.com

Dubai, UAE, February 9th, 2024, Chainwire

CoinMarketCap Research, the research division of the world’s leading crypto data authority CoinMarketCap, has published an in-depth analysis on stUSDT – an innovative stablecoin that enables users to earn yield by staking their USDT. 

The report closely examines how stUSDT bridges DeFi with traditional finance by giving users exposure to real-world assets like short-term government bonds within the boundaries of crypto. 

A unique feature of stUSDT is its decentralized governance mechanism via the RWA DAO, allowing stUSDT holders to actively participate in guiding decisions through on-chain voting. 

As detailed in the report, the DAO community votes to shape variables like portfolio composition for optimized risk-adjusted returns and appropriate yield payout rates for users. This framework fosters accountability, transparency, and continual improvement aligned with user preferences – showcasing how stUSDT unlocks new horizons for crypto investors within an ecosystem built on community participation.

The protocol also issues a wrapped version, wstUSDT, facilitating integration with popular DeFi platforms to boost staking accessibility and utility.

Find the full analysis here: 

https://coinmarketcap.com/academy/article/stusdt-bridging-real-world-assets-with-stablecoins

ABOUT COINMARKETCAP

CoinMarketCap is ‘Home Of Crypto’, the world’s most trusted cryptocurrency data authority. Its mission is to accelerate the crypto revolution by organizing the world’s crypto intelligence and making it easily accessible to all.

Contact

CMC Research
Alice Liu
CoinMarketCap
alice.l@coinmarketcap.com

Los Angeles, California, February 7th, 2024, Chainwire

Key Takeaways

• Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week
• Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry
• Users can reserve with DESO, BTC, ETH, and more to earn a 90% bonus in $FOCUS tokens for a limited time

Focus, a new decentralized SocialFi app built on the DeSo blockchain, has made waves in the crypto industry by amassing over $75 million in token reservations within its first week of launch.

This unprecedented achievement not only demonstrates the platform’s potential but also reflects the growing interest in decentralized social media.

Focus (focus.xyz) is built by DeSo, the team that raised $200M from Coinbase, Sequoia, a16z, Polychain, and other top funds. It aims to disrupt the trillion-dollar social media market and creator economy by introducing groundbreaking features rivaling X, Onlyfans, and Patreon.

The total addressable market for this sector is substantial, with OnlyFans projected to process approximately $8 billion in 2023 while charging a 20% transaction fee. These high fees significantly cut into creator profits, emphasizing the need for a fairer solution.

Focus combines the best of Onlyfans, Patreon, X, and other billion-dollar social platforms into one app and features permissionless and anonymous crypto-native monetization features that are not possible in web2.

Built on the Decentralized Social (DeSo) blockchain, Focus distinguishes itself with a unique approach to content ownership, creator monetization, and user engagement.

In response to this overwhelming achievement, Nader Al-Naji, the Founder of DeSo and visionary behind Focus, shared his insights:

“The response we’ve received is nothing short of spectacular. It’s a testament to the community’s belief in a decentralized future for social media. Our platform is not just about reshaping social media; it’s about empowering users and creators in a way that’s never been done before. This milestone is just the beginning of our journey towards a more decentralized social landscape.”– Nader Al-Naji, Founder of DeSo

Focus’s mission extends beyond the realm of conventional social media. 

Focus aims to revolutionize the way we interact online by offering unprecedented monetization opportunities for creators, coupled with advanced AI tools, while also tackling the challenges of censorship and content authenticity.

Thanks to the DeSo blockchain and its Revolution Proof of Stake system, Focus will support the storage of content directly on-chain for 1/10,000th of a cent per post, which is much less than Solana at ~$1 per post or Ethereum at ~$100+ per post.

One of the key features attracting users to Focus is the opportunity to reserve $FOCUS tokens. This process is akin to staking, with a unique twist – users can reserve tokens using various supported currencies such as BTC, ETH, SOL, USDC, and DESO.

Focus allows anyone in the world to become an owner, even prior to the app launch. Imagine owning a piece of Meta or Twitter before it was even released. Users who participate in the early reservation period is able to buy $FOCUS tokens, and also receives an extra bonus equal to the amount listed, currently set at 90% and drops by 5% each week until the app launch. This is a benefit designed to reward early supporters and adopters of the platform.

The reservation process is user-friendly and fully refundable, ensuring participants can confidently support the platform while maintaining financial flexibility. As Focus gears up for its app launch, the excitement within the community is palpable. With its innovative approach to tokenomics, Focus is poised to redefine the landscape of social media and cryptocurrency.

To reserve tokens and earn a 90% bonus in $FOCUS, prospective users should visit Focus.xyz and reserve their funds before 11:11 am EST on February 8th. The bonus will drop every week until the app goes live.

About Deso

DeSo is the first and only censorship-resistant Layer-1 blockchain purpose-built to power storage-heavy apps and scale decentralized social networks for mass adoption. Their mission is to decentralize social media like Bitcoin and Ethereum are decentralizing finance. DeSo has gained significant adoption and boasts 2.6M users (wallets) and 93M transactions. With Focus, DeSo aims to usher in a new age in crypto led by cutting-edge consumer apps that scale to billions of users.

Contact

Head of Growth
Ed Moss
DeSo Foundation
ed@deso.org

Curacao, Curacao, January 29th, 2024, Chainwire

HugeWin Casino, a newly established platform as of January 2024, has quickly garnered attention in the cryptocurrency gambling landscape. Its user-centric approach, coupled with an extensive array of gaming options, underscores its emerging status within the industry.

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Extensive Gaming and Betting Portfolio

HugeWin Casino presents an expansive platform that caters to a wide array of gaming and betting preferences. It boasts a remarkable selection of over 7,000 slot games, offering a blend of traditional and innovative variants. In addition to slots, the platform features a diverse range of over 700 casino games, sourced from 12 esteemed game providers including PragmaticLive, Evolution, and LiveGames. The assortment extends across popular games such as poker, roulette, blackjack, and baccarat, inclusive of live casino tables, ensuring a comprehensive and immersive gaming experience.

Further broadening its spectrum, HugeWin Casino ventures into the sports betting domain, presenting a selection of 35 virtual sports games. This addition caters to the varied interests of its users, encompassing popular sports like football, basketball, and tennis. Complementing its extensive betting options, the platform also offers close to 70 regular games, highlighting popular titles like Zeppelin, Aviator, and Spaceman, thereby enriching the user experience with its multifaceted gaming and betting environment.

Commitment to Transparency and Security

Recognizing the importance of security in the digital gambling domain, HugeWin Casino has secured a Curaçao eGaming license (CEG), emphasizing its dedication to safe and transparent gaming practices. The platform maintains a minimalistic approach towards user data collection, requesting only the essential information for account creation.

Promotions and Tournaments

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About HugeWin

HugeWin, a recent entrant in the online casino space, aims to become a global leader. Launched in January 2024, the platform is devoted to providing a fun and trustworthy gaming environment. 

The platform prioritizes immediate disbursement of earnings, barring instances of suspected fraud. Clients can expect prompt payouts without tedious documentation. 

A wide array of betting options is available, with round-the-clock access to any desired match. Live casino sections offer an interactive experience with real croupiers. 

For further information about HugeWin Casino’s game offerings, events, and promotions, interested parties are encouraged to visit the official website or follow the platform on X (Twitter) and Telegram.

Disclaimer: HugeWin is the source of this content. This release is for informational purposes only and does not constitute investment advice or an offer to invest. Information provided about HugeWin and its services, including online gambling and cryptocurrency betting, involves significant risks and may not be suitable for all individuals. Users should exercise caution and are encouraged to conduct their own research before participating in any gambling activities. Participation is at the user’s own risk and should be approached with financial prudence.

Contact

Jowi Scholtz
marketing@hugewin.com