Dubai, United Arab Emirates, October 1st, 2024, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to unveil the World Series of Trading (WSOT) 2024, the world’s longest-running crypto trading competition. This year, WSOT pushes boundaries, integrating centralized and decentralized trading, allowing participants to experience the trustless trading of the future. 

Game-Changing Features Traders Will Love

Individual traders can battle in three arenas depending on their capital size: lightweight, middleweight, and heavyweight. With separate prize pools for each league, the competition is fairer and ensures that talent wins the day, not account size. 

Furthermore, traders can add up to four subaccounts within their Unified Trading Account (UTA) and rack up PnL across multiple accounts and markets, increasing their chances of winning. Bybit’s UTA calculates margin across positions, unifies collateral, and improves capital efficiency so traders can operate multiple positions from one account, making it a killer tool for the rigors of competitive trading. 

Expanding into Decentralized and Centralized Trading

WSOT also includes Bybit Web3’s DEX Pro trading platform so participants can trade over 1 million decentralized tokens, including memecoins, DeFi, GameFi, and more. Participants can also take part in the first-ever Web3 Idol competition.

To play, traders earn votes through trading and completing daily tasks. Voters can support up to three projects daily and have the chance to win from a 1,000,000 MNT prize pool, including a 600,000 MNT grand prize for those who vote for the winning project and 200,000 MNT daily rewards. The winning project will receive exclusive CEO backing, prime listing, and marketing support, making it a key event in shaping the future of Web3.

Over 100 ecosystem partners and decentralized projects such as MomoAi and Tars Protocol from Solana, and Catizen, KTX Finance via Mantle will participate in the DEX Pro competition as part of WSOT. By marrying centralized (CEX) and decentralized (DEX) trading, all crypto lovers can experience the wave of the whole ecosystem.

“Bybit aims to create industry best practices for onboarding users for both CEX and DEX to help create a broader landscape of crypto adoption,” said Ben Zhou, co-founder and CEO. “By combining these two elements, we are enabling the smaller projects and specialist traders to rise up the competition ranks.” 

10,000,000 Prize Pool and Participation Details

The prize pool for WSOT 2024 is bigger and better, with rewards including yacht cruises, Rolex watches, world travel tickets, and up to 10,000,000 USDT. The more participants join, the larger the prize pool grows, making this year’s competition the juiciest in crypto. 

To participate, simply sign up for WSOT when the event opens on October 1 and maintain at least $500 in your Bybit UTA account. All participants can invite friends to join WSOT and get more chances in the lucky draw. 

Over the years, Bybit’s WSOT has grown to historic heights, with nearly 117,000 traders entering competitions between 2020 and 2022. And in 2023, the competition attracted almost 120,000 traders globally. This resulted in a remarkable year-on-year trading volume surge of 42%, reaching a total trading volume of 70.5 billion.

#Bybit / #TheCryptoArk / #WSOT2024

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, users can visit Bybit Press. 

For media inquiries, users can contact: media@bybit.com

For more information, users can visit: https://www.bybit.com

For updates, users can follow: Bybit’s Communities and Social Media

Contact

Head of PR
Tony Au
Bybit
tony.au@bybit.com

London, United Kingdom, September 30th, 2024, Chainwire

World Mobile, the pioneering global web3 wireless network, has announced the launch of its blockchain infrastructure on Base today. This strategic launch will connect World Mobile’s unique communications-centric Layer 3 blockchain, World Mobile Chain (WMC), with Base’s Ethereum-based Layer 2 blockchain, and use Base as its settlement layer. A key outcome of this decision will be the incorporation of the Coinbase Smart Wallet into the World Mobile app, creating a seamless onboarding experience for new onchain users.

By launching on Base, World Mobile is set to accelerate its mission of building one of the world’s most extensive Decentralized Physical Infrastructure Networks (DePIN). The World Mobile network’s recent launch of its ‘triple play’ services—encompassing cellular, broadband, and value-added services—complements the launch on Base and EVM blockchains.

This announcement follows 12 months of significant achievements for the World Mobile network, including the rollout of global commercial network services across three continents and a groundbreaking aerostat deployment in Mozambique in collaboration with Vodacom and the GSMA. Additionally, World Mobile has recently celebrated the rapid sell-out of its first batch of decentralized wireless network infrastructure nodes (AirNodes) in under 36 hours, spurring its recent milestone of 100,000 daily active users.

Micky Watkins, CEO of World Mobile Group, stated: “Launching on Base marks a monumental step forward for World Mobile. Through combining our strengths, we can accelerate growth and innovation within the World Mobile network. By incorporating the Coinbase Smart Wallet, we will simplify user onboarding, making it easier for everyone to participate in our mission to connect everyone, everywhere.”

“Embarking on this journey with Base and our foray into the EVM ecosystem is a testament to our dedication to constructing the preeminent DePIN network on blockchain,” stated Zachary Vann, Head of Token at World Mobile Token. “By leveraging Base’s infrastructure, we can accelerate the development of our decentralized ecosystem, enhancing both the scale and functionality of World Mobile Chain.”  

The launch of World Mobile on Base underscores the rapid growth and importance of DePIN networks. These networks represent a shift towards more decentralized and resilient infrastructure, where users themselves become part of the network fabric. This model is crucial for extending connectivity to underserved regions and ensuring that everyone has access to essential digital services.

World Mobile’s innovative approach to decentralized wireless networks, coupled with its successful deployment of AirNodes and triple play services, positions it at the forefront of this transformative movement.

The launch will take effect on September 30, 2024. World Mobile remains dedicated to its vision of a world where everyone, everywhere, is connected. This milestone represents not just a technological advancement but a step closer to bridging the digital divide.

About World Mobile Group

World Mobile Group is democratizing global connectivity through its blockchain-based decentralized physical infrastructure network (DePIN). Unlike traditional telecom providers, World Mobile operates on a sharing economy model, enabling individuals and businesses to run nodes, connect their communities, and earn rewards. For more information users can visit: https://worldmobile.io/

X: https://twitter.com/WorldMobileTeam

Instagram: https://instagram.com/worldmobileteam

Facebook: https://www.facebook.com/WorldMobileTeam

Linkedin: https://www.linkedin.com/company/worldmobilegroup

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

Telegram: https://t.me/WorldMobileTeam

Contact

CMO
Mike Blake-Crawford
World Mobile Group
mike.blake-crawford@worldmobile.io

Road Town, British Virgin Islands, September 23rd, 2024, Chainwire

The token is now available on CEXs Gate.io and MEXC, and DEX Jupiter.

Matrix One, The decentralized protocol accelerating the development of human-like AI characters, is pleased to announce the successful launch of its native token, $MATRIX. The $MATRIX token, which went live on September 17 is now available for trading on leading cryptocurrency exchanges Gate.io, MEXC, and Jupiter, following sold-out Initial DEX Offerings (IDOs) across multiple platforms, including Seedify, ChainGPT, Eesee, SeaPad, and WeWay Launchpad.

Token Utility and Ecosystem Integration

The $MATRIX token serves as the cornerstone of the Matrix One ecosystem, offering multiple utility functions across various decentralized applications (dApps) built on the protocol. Key utilities of the token include:

• Service Subscription Model: Stakers of $MATRIX gain complimentary access to premium features in dApps such as Avatar.One, which already boasts over 500,000 active users. Upcoming features include 3D AI character use cases like AI assistants, traders, teachers, and personal shoppers.
• Character Marketplace Discoverability: Users can stake $MATRIX tokens to enhance the visibility of specific characters, reflecting their perceived quality and potential demand. Additionally, $MATRIX can be used for commission-free trading on Character.One. Bringing the first AI Characters on-chain to Solana.
• Content Monetization: Creators of on-chain AI characters can tokenize their creations and earn $MATRIX tokens through engagement from other users and applications. This fosters decentralized ownership and monetization of AI characters.
• DAO Governance: $MATRIX holders can participate in governance decisions, including the development of new dApps and protocol upgrades within the Matrix One ecosystem.
• Dynamic Character Upgrades: Tokens can be used to unlock or upgrade character traits, such as skills, animations, advanced memory, high-quality rendering, or other gameplay enhancements.

Token Supply and Distribution

The total supply of $MATRIX is capped at 10 billion tokens, with 164,525,000 tokens circulating immediately following the TGE. The distribution of the total supply is as follows:

• Community: 25%
• Seed round: 16.93%
• Core contributors: 15%
• Staking rewards: 11.85%
• Liquidity: 10%
• Public sale: 6.38%
• Private rounds: 1.62%
• Compute (treasury): 4%
• Airdrop: 4%
• Strategic round: 3.33%
• Marketing and partnerships: 1.89%

Market and Exchange Listings

As of the token launch, $MATRIX is actively listed on Gate.io, MEXC, and Jupiter. Market capitalization information is available in real-time on Dextools here.

Achievements and Milestones

Matrix One is already home to a functional dApp, Avatar.One, which has over 500,000 active users. In addition, more than 100,000 Solana wallets are registered within the ecosystem, reflecting the growing adoption of Matrix One technology.

About Matrix One

Matrix One is a decentralized platform dedicated to revolutionizing the interaction between users and AI-driven characters. Through its ecosystem of dApps, including Avatar.One, Matrix One leverages blockchain technology to offer decentralized ownership, monetization opportunities, and community-driven governance of AI-generated characters. With a rapidly growing user base and innovative use cases, Matrix One aims to bridge the gap between AI and blockchain by empowering users to create, engage with, and govern dynamic virtual characters.

Contact

Mark Studholme
Matrix One
hi@matrix.one

Amsterdam, Netherlands, September 20th, 2024, Chainwire

Nosana, the decentralized AI inference engine powered by a global network of consumer GPUs, reveals the official launch date for its Nosana Mainnet: January 14, 2025.

Nosana, a leader in decentralized AI computing, is proud to announce the upcoming launch of its Nosana Mainnet, set for January 14, 2025. This marks a significant milestone for Nosana, following a year of rigorous testing and preparation for full-scale deployment.

“When we first envisioned Nosana, we imagined a world where AI computing would be decentralized, accessible, and limitless—a place where developers could access GPU resources without the traditional barriers of centralized infrastructure,” said Jesse Eisses, co-founder of Nosana. “We recognized early on that existing AI compute solutions were too centralized or too complex, limiting innovation. Our mission from the start was to create a decentralized network that offers scalable, affordable, and open AI computing resources for the next generation of builders and innovators.”

Over the past nine months, the Nosana team has worked alongside its community to test, refine, and prepare the platform for its mainnet release. The network has engaged with over 4000 nodes from 60 countries across 6 continents, tapping into a global GPU provider network and gaining valuable insights from various AI projects to refine its technology.

What Nosana’s Mainnet Brings

Nosana’s Mainnet will transform access to decentralized GPU resources, unlocking crucial power and efficiency for AI inference workloads. With the launch, Nosana’s users and GPU providers will enjoy new features and significant improvements:

• Nosana Console: A sleek and refined UI for seamless management of AI inference jobs.
• Client SDK: A robust software development kit enabling developers to easily connect their projects to the Nosana GPU network.
• Dynamic Pricing: Real-time, market-driven pricing to optimize resource allocation and ensure fair pricing.
• Advanced Job-to-Node Matching: Efficient job distribution to maximize performance across the network.
• Unrestricted GPU Grid Access: Clients will have full access to Nosana’s decentralized GPU network, enabling scalable AI operations.

“We are excited to take Nosana to the next level with its mainnet launch, offering full access to decentralized GPU computing” added Eisses.

Test Grid Phase 3: The Final Step Toward Mainnet

On September 30, 2024, Nosana will begin Test Grid Phase 3, its final stage of testing, focusing on refining pricing models, implementing staking, and ensuring the platform is fully prepared for the January launch. This phase will be the last opportunity to test critical components before the mainnet goes live.

Nosana’s Vision for 2025

The mainnet launch is just the beginning for Nosana. As the platform goes live, the company plans to expand its ecosystem and attract a broader range of projects. In Q2 2025, Nosana will host its first global hackathon, inviting developers and startups to explore new applications for AI inference on its decentralized GPU grid.

“As open-source developers, Jesse Eisses and I wanted to create a solution that moves away from the high costs, inflexibility, and control of centralized cloud providers,” said Sjoerd Dijkstra, co-founder of Nosana. “We couldn’t have reached this milestone without the support of our community, investors, and partners who believed in our vision for making AI computing more accessible for everyone.”

Nosana’s AI inference marketplace will continue to evolve, with ongoing improvements and new features to keep it at the forefront of decentralized AI technology.

Timeline Overview:

• September 30, 2024: Start of Test Grid Phase 3
• January 14, 2025: Nosana Mainnet Launch
• Q2 2025: Global Hackathon for AI applications on Nosana’s network

About Nosana

Nosana is a decentralized AI inference engine powered by a global network of consumer GPUs. Built on the Solana blockchain, Nosana provides scalable and efficient access to GPU resources for AI workloads. With its cutting-edge infrastructure, dynamic pricing model, and advanced job-to-node matching, Nosana leads the way in decentralized AI computing.

https://nosana.com

Contact

CMO
Caroline Johnova
Nosana
caroline@nosana.io