George Town, Cayman Islands, April 3rd, 2024, Chainwire

The VGX Foundation, a Cayman Islands Foundation, has partnered with Genopets to integrate the VGX token as a reward in their popular move-to-earn NFT mobile game on Solana. The partnership introduces VGX as a reward token in the Genopets game, creating utility and rewards for using VGX within the Genopets ecosystem. 

VGX is a token that bridges multiple chains and is focused on bridging utility across GameFi and gaming ecosystems. 

Genopets launched in 2021 and is one of the largest games on Solana with more than 200k active players during their private beta. It’s a free-to-play mobile game where players summon digital pets (their “Genopet”), which evolve and grow as players move around and stay active in the real world. Each day players bank the steps they take in the real world to earn energy they can use to upgrade and customize their Genopet through stages of evolution. Now VGX can be awarded to players for the Energy they earn in the game.

The partnership starts with a series of competitions for Genopets players to earn VGX from a $150,000 prize pool by banking their steps daily and competing on the Energy leaderboard. The leaderboard competition is open to new and existing Genopets players.

Additionally, new players downloading Genopets can claim a special reward of rare food and toys for their Genopet by using referral code “VGX” when they sign up as a new user and bank their first steps during this campaign.

To further expand the partnership, players who earn VGX will also be able to take their VGX to Gala Games and use it to purchase a season pass for Voyager: Ascension, which will unlock further rewards in future games.

“We’re thrilled to announce a synergistic partnership with Genopets, an original leader in web3 gaming on Solana,” said Claire Abrehart, Director of VGX (BVI) Ltd. “This collaboration, alongside our recent success with Gala Games, further unlocks new possibilities for the VGX ecosystem. By integrating our token with both Genopets’s vibrant player community and the dedicated Gala Games audience, we’re fostering an innovative future for in-game rewards and experiences across the Web3 gaming landscape.”

“Partnering across foundations to bring new incentives to players in Genopets with leaders in Web3 Gaming like the VGX Foundation and Gala Games is a huge opportunity for our foundation,” said Jay Chang, Co-founder of Genopets. “Genopets was created to make living an active lifestyle more fun and rewarding by bridging physical and digital worlds and there couldn’t be better partners to grow our foundation’s ecosystem with.”

Earlier this year, the VGX Foundation also announced a partnership with Gala Games, using the GalaChain SDK to integrate VGX into Gala Games as a reward token used to acquire in-game items and unlock engagement opportunities. After integration is complete, gamers will be able to earn VGX-based rewards for in-game achievements within specific titles.

About the VGX Foundation

The VGX Foundation leads the evolution of decentralized gaming economies through its dynamic blockchain-based gaming token, VGX. Serving as an in-game currency and reward mechanism, VGX empowers diverse gaming communities. The VGX Foundation actively fosters growth by facilitating grants and partnerships for game developers and platforms, enabling the expansion of the token’s use case and nurturing a thriving VGX ecosystem.

About Genopets

Genopets is a Free-to-Play, Move-to-Earn NFT mobile game that makes it fun and rewarding to live an active lifestyle. A Genopet is a digital pet whose evolution and growth are inextricably linked to your own. The steps you take everyday power your journey through the Genoverse as you explore, battle, and evolve — earning crypto while you play.

Contact

Account Director
Jonathan Duran
Melrose PR
jonathan@melrosepr.com

Bangkok, Thailand, April 3rd, 2024, Chainwire

• SEABW is shaping up to be Thailand’s biggest Web3 gathering with unparalleled opportunities for networking, collaboration, and discussion
• The event will give delegates unique insights into the Web3 adoption in the SEA region, regulations, and products from the local Web3 industry

Southeast Asia Blockchain Week (SEABW), a premier blockchain conference exploring the evolving landscape of Web3 in the Southeast Asia region, is thrilled to announce the speaker lineup for the main SEABW conference. The headline speakers include Aptos Co-Founder and CTO Avery Ching, Animoca Brands Co-Founder & Chairman Yat Siu, SCBX Deputy CEO Arak Sutivong, Hashed CEO & Managing Partner Simon Kim, Nansen CEO Alex Svanevik, YGG Co-founder Gabriel Dizon, Wintermute Co-founder Yoann Turpin, and The Spartan Group Co-founder & Managing Partner Kelvin Koh.

Moreover, Ethereum Co-founder Vitalik Buterin will also mark his presence with an online keynote session. There will be a total of over 135 innovators, entrepreneurs, decision-makers and thought leaders across the entire spectrum of the blockchain industry engaging in keynote sessions, panel discussions, fireside chats, and moderated debates.

The SEABW will explore the latest trends and developments in blockchain technology, investment opportunities, adoption and use cases, policy and regulations, as well as the unique Web3 landscape in SEA. 

The attendees are going to have unparalleled opportunities for networking, collaboration, and discussion. The world-class event will be a reflection of Southeast Asia’s increasingly vital role in Web3, expressed both in terms of crypto adoption and the exciting startups originating from the region. Southeast Asia is home to more than 690 million people. Its young and tech-savvy population, underserved by the financial system, is open to using crypto. The region is witnessing unprecedented growth, particularly in the gaming sector. This surge signifies a potential tipping point for ‘Web3 mass adoption’ in Southeast Asia.

Hojin Kim, CEO of ShardLab, said, “Through a comprehensive program featuring keynote speeches, exhibitions, networking sessions, Demo Day, and more, the SEABW aims to provide the region’s Web3-curious entrepreneurs and enterprises with an opportunity to learn from and network with some of the brightest Web3 minds worldwide. Moreover, we aim to not only present sessions and speeches but also provide real Web3 experiences, showing impactful real-life use cases of blockchain through our official web app. This app is designed for ordinary audiences who may not be familiar with blockchain Dapps. We seek to inspire actionable initiatives and projects that address pressing challenges and capitalize on emerging opportunities in Southeast Asia’s evolving blockchain landscape.”

The SEABW will be held on April 22-28 at the True ICON Hall in Bangkok, Thailand. While the main event will take place on April 24-25, there will be major side events throughout the week including ‘Token X Summit – TOKENIZATION’ on April 23rd, Game Day & Demo Day on April 24-25th and ‘ONCHAIN 2024’ on April 26-28th.

DEMO DAY TO SHOWCASE THE REGION’S INNOVATION

Besides the official VIP & Speakers Night, After Party, and Game Day, the SEABW organizers are particularly focused on the Demo Day that will be held on April 24-25th. The Demo Day will spotlight 10 notable Web3 startups at the SEABW conference venue. It will cater to a broad audience including investors, founders, builders and others. 

The Demo Day is organized in partnership with elite companies, VC funds and accelerators including Hashed, Wintermute, SCB 10X, Saison Capital, Faction, and Krungsri Finnovate. Web3 builders have until April 5th to apply for the SEABW Demo Day. The startups will have an opportunity to present and connect with investors. 

Top-tier entrepreneurs, developers, and builders will come together bringing their innovative products and services. It presents an opportunity for the attendees to get a sneak peek into the future of Web3 in Southeast Asia, network with the regional builders, create synergies and explore business opportunities. 

About SEABW

Southeast Asia Blockchain Week is the flagship conference for web3 developers, investors, and users. It brings together key figures from across the industry for seven days of panel discussions, keynotes, product demonstrations, and networking. From Web3 Games to RWAs, SEABW illuminates Southeast Asia’s most promising startups and web3 companies.

Learn more: Website | X | Telegram

• Buy Tickets 
• Discover Sponsors 
• Check out Agenda  

About ShardLab

ShardLab is the innovation arm of Hashed, a leading global Web3 venture capital firm based in Asia. Beyond ideas, we actively build ecosystems and collaborations to bring innovative disruptions using Web3 technology. Our vision extends to fostering mass adoption of Web3 in Southeast Asia, making technology accessible, and empowering communities in this dynamic digital frontier.

About Hashed

Hashed is a team of blockchain experts and builders based in Seoul, Singapore, Bengaluru, and Silicon Valley. We believe that decentralization can transform not only the global economy but the very fabric of the internet. Our mission is to accelerate the mass adoption of blockchain by investing our resources and empowering a new wave of entrepreneurs and innovators to create this future. We approach this work as builders, not just pickers. We participate as core technical contributors to global infrastructure, and we’ve built a network of projects and people that connect industry pioneers with the knowledge and resources necessary to unlock the potential of blockchain.

Contact

VP of Business Development
Kim Bazak
MarketAcross
Kim@marketacross.com

Dubai, United Arab Emirates, April 2nd, 2024, Chainwire

Following the integration, users will be able to natively manage their BTC on any rollup in the Avail ecosystem without relinquishing control over their digital assets

Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA) for highly scalable and customizable applications, has partnered with dWallet Network, a pioneering non-collusive, decentralized multi-chain layer, to bring programmable native Bitcoin to rollups in the Avail ecosystem.

Leveraging the newly unveiled dWallet primitive, smart contracts using rollups built on Avail DA will be able to programmatically manage native BTC for the first time while preserving user ownership. This marks a paradigm shift from emerging Bitcoin L2 solutions that predominantly rely on collusive and often risky cross-chain solutions, such as bridges, where the user must sacrifice ownership of their BTC.

“Allowing BTC to be used programmatically on other blockchains via a trust-minimized approach is a clever approach to increasing BTC adoption.” said Anurag Arjun, co-founder Avail. “Together with dWallet, we can enable Layer-2 chains or rollups on top of the Bitcoin network. Bitcoin represents a superb base layer from the DA perspective, with the highest security available in the ecosystem. As a result, the dWallet integration will enable users to leverage arbitrary execution and logic to secure their BTC via a decentralized multiparty computation (MPC) solution.”

In essence, the collaboration aims to harness dWallet’s MPC infrastructure to enhance Bitcoin’s capabilities by enabling the creation of native bitcoin rollups — ushering in more efficient and secure transactions and operations on the Bitcoin blockchain and supporting a wider range of functionalities beyond simple transactions.

The integration with the dWallet Network, coupled with the ability to control dWallets from a smart contract on any Avail rollup, was made possible through Avail Nexus, a zero-knowledge coordination rollup embedding validity-proof based light clients and execution proof aggregation. This pivotal move towards the unification of Web3 will also enable developers to power Avail Fusion’s borrowed security from native assets of the most mature ecosystems, including BTC, ETH, and others.

Furthermore, the dWallet Network integration will facilitate the Fusion Security model when it goes live, empowering users to securely hold their BTC, ETH, or other assets in dWallets and stake them to bolster the safety of the Avail ecosystem, all while maintaining ownership of their native assets. This introduces the first native multi-chain staking/restaking solution aimed at securing the consensus of a different blockchain.

To implement the dWallet primitive, the dWallet Network utilizes 2PC-MPC, the state-of-the-art protocol invented by its team. This industry-first multiparty protocol enables the generation of an ECDSA signature in a non-collusive way, requiring participation from both the end-user and a significant number of nodes, the number of which could potentially reach hundreds or thousands.

dWallet technology allows a Solidity smart contract on an Avail rollup to create Bitcoin signatures and enables developers to manage a dWallet. Meanwhile, the dWallet Network mandates approval from the Avail rollup smart contract for logic enforcement, requiring users to finalize the signature to prevent collusion and asset theft. Whether for Web3 applications in custody, DeFi, DAOs, gaming, or other domains, any protocol on an Avail rollup can leverage dWallets for enhanced functionality and secure interoperability.

“We are excited to team up with Avail because our visions of a unified Web3 have so much in common, with both companies striving to bring countless disparate ecosystems together,” noted Omer Sadika, co-founder of dWallet Network. “We firmly believe that the future of Web3 is multi-chain, not cross-chain, and together with Avail, we will continue to work tirelessly on making this vision a reality.”

This latest integration aligns perfectly with Avail’s mission to unify Web3, for which it’s already employing a comprehensive full-stack architecture that comprises three innovative solutions — DA, Nexus, and Fusion Security — to help usher in the rollup future and solve the growing scalability pains of the blockchain industry.

Avail DA stands as the initial cornerstone element of the Avail trinity, offering expansive blobspace for rollup developers and serving as a foundational layer for a diverse and vibrant ecosystem of rollups. Avail Nexus, aimed at unifying the ecosystem beyond the blockchains built atop Avail’s DA layer, employs Avail DA as the trust anchor for ecosystem-wide coordination. 

Lastly, Fusion Security will offer additional protection to an expanding network of rollups and blockchains, thus enhancing Avail’s consensus mechanism. Supercharging the Avail trinity with dWallets accelerates the unification of Web3, addresses issues of fragmentation, and paves the way for a completely integrated, secure, and native experience across all Web3 ecosystems.

About Dwallet Network

dWallet Network is the home of dWallets – programmable and transferable signing mechanisms that live on-chain. dWallet Network empowers builders on L1s and L2s to utilize dWallets as a building block for managing assets & enforcing logic across all of Web3 in a decentralized and noncollusive way.

For more information, users can visit: https://dwallet.io/

About Avail

Avail is building a unification layer to solve rollup fragmentation and scalability. Avail addresses this from first principles with its three phase roadmap, the Avail Trinity. Starting with Avail DA, the validity proven data availability layer that scales with demand, followed by Nexus for permissionless unification, and Fusion for shared security. Blockchain and rollup developers can submit transaction data to Avail DA today and inherit the security and benefits of Avail’s KZG commitments and light clients with data availability sampling. Start building today, because the unification of web3 is coming!

For more information, users can visit: https://www.availproject.org/

Contact

Siva Sagiraju
Marketing lead
dWallet Network
siva@dwalletlabs.com

UAE, UAE, March 27th, 2024, Chainwire

XCAD Network – a tokenisation platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivised Web3 education to millions of people across the globe.

By securing the support of several governments, XCAD aims to bridge the gap between Web2 and Web3, and enable more people to partake in the Web3 Space. XCAD Network has announced the first government agreement, which is with Pakistan. Under this partnership, XCAD will distribute and incentivise the consumption of educational media among Pakistani citizens. 

Education is the first step in bringing new people into the Web3 space. As part of the MOUs, XCAD Network will work with governments to launch pilot campaigns to educate their citizens on Web3. These campaigns will be joint campaigns launched by governments and the XCAD team alongside select content creators from that country’s jurisdiction. 

Users will have to download the XCAD Network application to watch interactive educational content on various Web3 topics. Upon completing the modules and consuming content, users are rewarded with tokens.

Blockchain, cryptocurrency and the Web3 world will be the key focus areas. However, governments can also focus education on other subjects, such as financial literacy. 

Oliver Bell, the Chief Executive Officer of XCAD Network, commented, “Working directly with Government entities is incredibly exciting for the XCAD project and the Web3 Space as a whole. What we’re doing aligns with the government’s vision towards digitisation and global blockchain adoption” 

Another way that XCAD plans to work with Government entities, is by leveraging the XCAD platform to boost travel and tourism engagement in their country. They want to partner with creators and citizens to create engaging educational content around tourism in their country. Those who consume the content are then rewarded.

XCAD Network has already onboarded some of the biggest YouTubers in the world to issue creator tokens on its platform. However, getting governments involved gives the project more credibility. This allows XCAD Network to attract even bigger names to issue creator tokens, stay on top of regulatory requirements and drive more users to the XCAD platform.

About XCAD Network

XCAD Network allows YouTube creators to launch personalised tokens and generate dedicated economies around their loyal fan-base It also offers new upstart creators a way to earn tokens and generate income even before the creator generates traction on YouTube itself.

In addition to helping generate new revenue, XCAD Network fosters deeper engagement through gamification and rewards. Fans benefit monetarily from the growth of their favourite creators, thus strengthening the bonds between creators and their followers.

The platform is backed by famous YouTubers such as KSI and Mr Beast, and is home to 100+ celebrity influencers globally with a combined audience of over 800M.

The XCAD ecosystem consists of DEXs, a governance portal, a browser plugin with Youtube integration, cross-chain bridges, staking pools, and creator swap, which lets users exchange creator tokens.

For more information, please visit: https://xcadnetwork.com/

Contact

Roelien Vd Westhuizen
Dverse
roelien@d-verse.io