KAUNAS, Lithuania, July 31st, 2024, Chainwire

DappRadar is excited to reveal the first six members of the DappLaunch Selection Committee, a decentralized committee ready to welcome and approve Web3 projects to the growth and launch hub. The first committee members are DappRadar, Chainwire, Polkastarter, BNB, Crypto Potato, and Lunar Strategy, while more will follow. 

With over 600 projects having started the application process for a spot in DappLaunch, the Web3 growth and launch hub has attracted the attention of top tier industry leaders. While partners offer support through discounts, tools and services for the curated projects in the DappLaunch program, the Selection Committee is responsible for the curation of these projects. 

This means that every project in DappLaunch will be selected by a decentralized group of top tier industry leaders. This selection process aims to bring forward a diverse group of high-quality projects, curated by a decentralized committee. 

Projects selected to DappLaunch gain access to a powerful network of ecosystems, launchpads, VCs/accelerators, Web3 media, and Web3 service providers. These partners offer benefits and support to the projects such as marketing and PR services, discounted infrastructure services or credits, or advisory on topics like tokenomics and gamification. Additionally, projects selected for DappLaunch will receive increased visibility for user acquisition and TGE on the DappRadar platform. 

DappRadar users will have opportunities to engage with this group of curated projects. In addition, DappRadar PRO members who hold and stake at least 30,000 RADAR, may expect future benefits, such as exclusive quests and airdrops, as projects in the DappLaunch ecosystem come to fruition. 

Access to the DappLaunch Selection Committee is a utility that can be unlocked via RADAR token. DappLaunch partners in good standing with the program can purchase and lock 10 million RADAR to gain access to the committee. DappRadar expects to see more top ecosystems as well as Web3 focused venture funds moving to join the selection committee in the future. 

Apply to DappLaunch as a project or a network partner: https://dapplaunch.dappradar.com/

ABOUT DAPPRADAR

DappRadar is the biggest Web3 project discovery platform, the World’s Dapp Store. One million users per month use DappRadar to discover new dapps, gain insights into DeFi and NFT collections, or to learn more about GameFi and SocialFi. Established in 2018, DappRadar has now become an industry leading platform, providing insights to investors, journalists, researchers, media and of course consumers looking to find the dapp of their dreams.

Contact

Head of Business Development
Morris Huling
DappRadar
morris@dappradar.com

Mexico City, Mexico, July 22nd, 2024, Chainwire

Etherfuse, a pioneering platform for the issuance of tokenized real-world assets, announced today that it has successfully raised $3 million in a seed funding round. The round was co-led by White Star Capital and North Island Ventures, with participation from The Department of XYZ, The Stellar Development Foundation, Funfair and angels Alice Ann Schwartz & Anna Yuan. This funding will support Etherfuse in its mission to make global capital markets more efficient and accessible through blockchain technology. 

Etherfuse is building an industry-leading platform for the tokenization of real-world assets. Bringing these assets on-chain offers significant cost, efficiency, and accessibility benefits. Etherfuse has already begun tokenizing emerging market government debt – “Stablebonds” – with an initial focus on Latin America. The Etherfuse team is confident that these bonds will offer yield-bearing, transferable, and composable features in decentralized finance (DeFi). Ultimately, Etherfuse aims to become the largest compliant issuer of a tokenized assets from across the globe.

Etherfuse has undertaken extensive regulatory efforts in Mexico and aims to use this unique legal framework to establish itself as a leading global platform for compliant tokenized assets. The company has launched five products so far, including short-term notes from Mexico and Brazil. Recently, Etherfuse facilitated the creation of a Mexican stablecoin with their tokenized-Cetes Stablebonds, MXNe, in collaboration with stablecoin issuer Brale. Currently, Etherfuse issues assets on the Solana and Stellar blockchains, with plans to expand to additional chains in the future.

Etherfuse is led by CEO David Taylor, an experienced engineer with a background in cryptography at companies including Apple and Boeing. David is joined by his co-founder AJ, who serves as CTO and brings with him engineering background in payments technology. The team is split between Irvine, CA and Mexico City, MX.

“Etherfuse will programmatically provide the needed debt and assets to the next generation of blockchain developers, enabling them to revolutionize the finance world,” said David Taylor, CEO at Etherfuse. “These protocols and assets eliminate barriers and intermediaries, granting everyone access to the world’s safest investments.” 

“The vision is for Etherfuse to not only capture, but to expand the emerging bond market by removing the manifold barriers that currently prevent people and businesses from accessing the high, real, and safe yields that these assets provide. Providing an API to the blockchain world that connects to some of the safest investment assets is hugely enabling for app developers, including those working with stablecoins, looking to build safer, higher-yield, and more stable products on-chain”, commented Sep Alavi, General Partner at White Star Capital. “As we have spent significant time with the Etherfuse team, we’ve been consistently impressed with their dedication and patience, particularly in the complex and arduous regulatory landscape that they are building a moat by navigating'”, added Marthe Naudts, Associate at White Star Capital.

“The movement to tokenize traditional financial assets has the potential to transform our capital markets,” said Travis Scher, Managing Partner of North Island Ventures. “We believe that Etherfuse’s strong team and innovative approach will establish the company as a leader in bringing the world’s assets on-chain, and we are excited to support Dave and AJ on this journey.” 

About Etherfuse

Etherfuse is an issuer of tokenized real-world assets, with an initial focus on emerging market sovereign debt. By leveraging blockchain technology, Etherfuse aims to improve the efficiency and accessibility of global financial markets. The company’s flagship product, Stablebonds, offers a secure, transparent, and accessible investment option, backed by government bonds, and issued under a regulatory framework in Mexico. For more information, please see Etherfuse’s website and Twitter.

Contact

CEO
Dave Taylor
Etherfuse
contact@etherfuse.com

George Town, Cayman Islands, July 22nd, 2024, Chainwire

Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer level security, today announced it raised a Mainnet funding round with participation from Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and prominent angel investors including the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, and more. With this new funding, Zircuit will be able to supercharge ecosystem growth and activity on its network, building upon a strong technical foundation and over $2.9 billion in staked assets. 

Since 2022, the Zircuit team has built a new L2 network that introduces a revolutionary new approach to onchain security. Zircuit protects dApps and their users from blockchain vulnerabilities through its novel infrastructure that is armored by sequencer-level security and built-in, automated AI techniques to guard against smart contract exploits and malicious actors. The network’s hybrid architecture also results in a fast, low-cost, and fully EVM-compatible ZK rollup, offering unparalleled security for users without compromising speed or compatibility.

Bolstered by its strong security infrastructure, Zircuit plans to become a central hub for restaked assets that features unparalleled security and allows users to earn industry-leading yields natively. The landscape of liquid restaking is still nascent and rapidly evolving and new LRT protocols are constantly emerging, making it challenging for even experienced users to track and choose the best and the safest protocols for deploying their capital. Zircuit aims to address this problem by becoming a major liquidity hub for restaked assets (ETH, BTC, LSTs, and LRTs) where users can easily allocate their capital and have peace of mind knowing that funds are deployed to the safest and highest quality protocols.

“At Binance Labs, we support projects that are innovating in Web3 and accelerating the blockchain industry. Through its integration of sequencer level security, Zircuit is providing a more secure L2 solution and we look forward to watching it grow and develop further,” said Yi He, Co-Founder of Binance and Head of Binance Labs.

“Security has been a persistent issue in the crypto space, with breaches occurring almost daily. Zircuit, founded by top security veterans, leads the industry with its best-in-class security architecture. The team’s clear growth strategy has led to explosive growth in assets locked since launch,” said Erick Zhang, Managing Partner of Nomad Capital. “We are excited to support and continue working with the Zircuit team.”

“As the web3 space accelerates toward mainstream adoption, Zircuit will empower this growth by providing the necessary infrastructure to onboard the masses. Our years of research into rollups and blockchain security have allowed us to build an L2 network with unparalleled security and scalability. We’re proud to have the support of Binance Labs, Mirana Ventures, and our other investors as we approach our first phase of Mainnet and establish Zircuit as a cornerstone in the industry,” stated Martin Derka, co-founder of Zircuit.

Zircuit’s Mainnet Phase 1 is set to launch in the coming weeks.

To learn more about Zircuit, users can visit zircuit.com or read the developer docs at docs.zircuit.com 

To participate in Build to Earn, users can visit: https://build.zircuit.com/ 

To participate in Zircuit Staking, users can visit: https://stake.zircuit.com/ 

About Zircuit 

Zircuit is a ZK rollup with AI-enabled sequencer-level security and parallelized circuits. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit’s unique architecture combines the best of both worlds of performance and security. To learn more visit zircuit.com or follow us on Twitter/X @ZircuitL2

Contact

Jessica
Zircuit
jessica@zircuit.com

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