Seoul, South Korea, December 12th, 2023, Chainwire

OverProtocol, a Layer 1 blockchain focused on democratizing validation, has exciting plans for the next year, including a mainnet launch in the first half. In October, the project successfully completed a closed beta testnet with 15,000 applicants from 127 countries, of whom 1,300 completed all tests. In preparation for the mainnet launch, they have now announced an open beta testnet and an incentive program open to everyone.

Community-Focused Launching Plan

The project will initiate an airdrop through the OverProtocol Community Airdrop Program (OCAP) to build a strong community. The path to the airdrop unfolds through two pivotal quests. The first quest, already active on OverWallet, showcasing OverProtocol’s mobile-centric vision, has attracted significant participation. Over the past six months, more than 4.7 million users have joined, with over one million users actively participating in missions each month. Meanwhile, the second quest invites users to engage with OverProtocol by running validators via OverNode on the Open Beta Testnet.

Open Beta Testnet (OBT)

The Open Beta Testnet is divided into two seasons: OBT Season 1, which runs from December 13th to 22nd, and OBT Season 2, scheduled for February of next year. During the testnet, participants can experience Home Staking by running a node and validator at home through OverNode and also learn about Ethanos, a key feature of OverProtocol. The total scores accumulated from both seasons will be considered when determining the airdrop amount. Everyone can participate in OBT Season 1, but only those with enough points in OverWallet can complete key missions. OBT Season 2 will also have a point requirement, so if you are interested in OverProtocol, download OverWallet and join the OverProtocol community.

Instructions for OBT Season 1

Please remember to follow these essential steps:

1. Download the OverNode Client: This is the first and crucial step. Download and install the OverNode client on your computer for mission engagement.
2. Complete the Missions: Follow the structured guidance provided within the OverNode client to complete your missions effectively.

Additionally, pioneers should:

• Follow the Official OverNode Channel on X: Stay updated with all announcements and important information during the testnet period by following our official channel.
• Access OverNode from the Official Website: The OverNode will be available for download from our official website starting from December 13th, 02:00 UTC.
• Familiarize with the Mission Types: An overview of the seven types of missions is provided in our official Medium article. It’s designed to assist users in understanding and effectively engaging with each mission type.

Vision of OverProtocol 

OverProtocol is a new layer 1 blockchain based on a protocol named ‘Ethanos’ that only considers active accounts valid, enabling full nodes to discard obsolete data and operate with less storage, thus allowing for reduced storage requirements. Superblock, a core contributor to the project, is developing ‘OverNode’, a full-node client that allows anyone to run a full node of OverProtocol and become a validator on their home PCs.

“By allowing anyone to run a validator, individuals have the opportunity to earn $OVER through a process known as Home Staking. This enables them to embrace a new lifestyle, offering new payment options, enhanced credit, and innovative financial opportunities,” Ben, CEO of Superblock, added.

About OverProtocol

OverProtocol is a layer 1 blockchain network committed to fostering a truly decentralized ecosystem, allowing anyone to serve as a validator. Leveraging ‘Ethanos’, an innovative node optimization technology, it empowers individuals to operate full nodes from their home desktops. Driven by the vision of decentralization, OverProtocol aspires to place the power of a new internet right in your hands.

For more information visit OverProtocol’s: Official Website | Twitter | Discord | Medium | YouTube

Contact

Maketing Lead
David Kim
Superblock
david@superblock.xyz

Singapore, Singapore, December 7th, 2023, Chainwire

Deepcoin, a global cryptocurrency derivative trading platform, is thrilled to announce the listing of Stratos on its platform. The initial futures listing for STOS/USDT is already available for trade since 2023-11-28 21:00(UTC+8) while spot trading commenced from 2023-11-30 22:00(UTC+8). 

About STOS

STOS represents the token of the Stratos project, accessible on both the Layer-1 Stratos chain and as an ERC-20 token on the Ethereum chain, with a max supply of 100 million. Since Stratos chain is EVM compatible, STOS is also accessible on any chain that is EVM-compatible. The STOS token is an innovative digital asset designed for a myriad of decentralized applications within the blockchain ecosystem. Unlike traditional cryptocurrencies solely focusing on transactions, STOS stands out as a versatile token aiming to revolutionize decentralized data management and storage. 

The STOS token helps address the persistent data storage challenges faced by blockchain networks. Current blockchains necessitate maintaining an exhaustive ledger at each node, posing limitations on their overall storage capacity. This creates a significant bottleneck as the local storage of each node dictates the blockchain’s storage limit, hindering the expansion of storage capabilities, bloating a blockchain overtime. STOS seeks to tackle this issue head-on by introducing solutions that transcend these storage limitations, enabling efficient scalability without compromising decentralization. 

The STOS token powers Stratos, a web3 project pioneering the next generation of decentralized infrastructure that encompasses a scalable and reliable all-in-one network providing storage, database,computational networks and blockchain to present a compelling solution catering to the evolving needs of the digital economy. This mechanism empowers a high-performance decentralized storage network driven by hot data, catering to the growing demands of various Dapps.This evolution is poised to offer unparalleled scalability for blockchain and Web3 ecosystem while preserving the decentralized essence inherent in distributed protocols. 

The STOS token’s adaptability and utilization extend beyond mere transactions, enabling a spectrum of services such as fee settlements, miner incentives, and resource consumption verifications. As the cryptocurrency supporting the Stratos project, STOS emerges not just as a medium of exchange but as a foundational element driving the innovation and sustainable growth of decentralized data storage solutions.

Ego Huang, CEO of Deepcoin, commented on the recent listing of the STOS token on the DeepCoin cryptocurrency exchange in a statement that reflected his optimism for the collaboration. Huang remarked: “The addition of the STOS token to our exchange marks an exciting milestone for us and the broader crypto community.”

About Stratos

At the core of the Stratos project lies a visionary concept poised to redefine the landscape of decentralized data infrastructure. This next-gen decentralized infrastructure is meticulously designed to tackle the limitations of existing blockchain infrastructure while retaining its intrinsic benefits. By introducing a meta service layer bolstered by Proof-of-Authority mechanisms, Stratos pioneers management services encompassing indexing, routing, and auditing tasks. This meta service layer ensures the maintenance of multiple copies of files across its P2P network, significantly enhancing reliability and accessibility. This also redefines the traditional notion of a storage network, elevating it to a decentralized data mesh, guaranteeing efficiency and reliability.

Comprising decentralized storage, database, and computation components, Stratos also offers a multifaceted approach to handling various data types. From structured to unstructured data, Stratos employs tailored processes to enhance data querying and manipulation, amplifying its utility across various use cases. Stratos decentralized storage is designed to store hot data, whether it’s video, audio, documents or your Decentralized Application code. The seamless collaboration between the blockchain layer and the resource layer ensures comprehensive services, ranging from fee settlements to customizable PaaS and SaaS offerings, forming the bedrock of this comprehensive decentralized data ecosystem.

Users can gain access to computing resources traditionally monopolized by centralized entities by leveraging the Stratos decentralized Cloud, fostering a paradigm shift towards decentralized computing. This innovative approach democratizes access to resources, empowering users while forging a network of interconnected small data centers to offer efficient, localized services. This ultimately allows Stratos to pioneer a new era in the information age where decentralized storage becomes the cornerstone of a more accessible and equitable digital landscape.

Stratos has recently announced its successful integration with Polygon’s Solution Provider Network (SPN), a significant move towards fortifying decentralized infrastructure. This new collaboration aims to streamline connections between developers and critical infrastructure elements like oracles, bridges, RPC providers, and wallets, expediting dApp development and deployment. Stratos, committed to empowering Web3 developers, seeks to enhance decentralized storage efficiency by leveraging its expertise within Polygon’s dynamic ecosystem. The collaboration aspires to bolster accessibility, scalability, and efficiency in decentralized data storage, laying the groundwork for a more resilient web3 infrastructure.

For more information:

Website | Twitter | Telegram Group | Telegram Announcement | Discord | Medium

About Deepcoin

Deepcoin is a leading cryptocurrency derivatives exchange committed to providing users with a secure, efficient, and innovative trading experience while known for its relentless innovation and long-term value proposition. Founded in 2018 by industry veterans and former executives of renowned companies, Deepcoin has amassed over 3 million registered users across 30 countries, facilitating a cumulative trading volume exceeding US $1 trillion. Having broad support for global fiat currency deposits, Deepcoin enables direct purchases of major cryptocurrencies and offers a range of trading options for over 100 cryptocurrencies. Its user-friendly platform includes spot trading, perpetual contracts, inverse perpetual contracts, and DeFi financial management savings, backed by 24/7 multilingual customer support, empowering individuals and institutions to navigate the digital asset market with confidence and ease. Deepcoin continues to redefine the crypto trading landscape, delivering unparalleled innovation and exceptional user experiences.

For more information: Website | Twitter | Telegram

Contact

Senior PR Manager
Shirley Zhang
Deepcoin
shirley.zhang@deepcoin.info

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

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