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Curio Announces $5.7 Million Funding Round to Launch Duper Season One, Co-led by Bain Capital Crypto and SevenX Ventures

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Duper invites players to experience high-stakes fun and strategic gameplay.

Curio, a games studio and developer, today announced it has raised an additional $5.7 million in capital, co-led by Bain Capital Crypto and SevenX Ventures with participation from OKX Ventures. The latest round builds upon the $2.9 million raised in 2022 led by Bain Capital Crypto.

Concurrently, Curio has released Duper, their flagship strategy game, along with the launch of its first season. Duper is a wagering social strategy game that highlights collusion, deception, and social team-play, where 5 players engage in 40 minute high-stakes matches filled with strategic maneuvers and pure chaotic fun. Duper takes inspiration from real money skill based games like Poker, while combining it with a digital medium strategy players are familiar with, in the browser.

“Our goal for Duper is to become the best digital-native, skill-based wagering game. The most enduring skill-based wagering games today, Poker and Mahjong, were created decades ago, long before video games existed. Duper is the best of both worlds — combining the thrilling mechanics of a skill-based wagering game together with the immersive medium of a video game,” said Yijia Chen, CEO and Co-Founder.

“While most crypto games attempt to imitate existing video games, we looked in another direction at classic board games and card games that are simple, infinitely replayable, and integrate stakes with the game meaningfully, as part of the core game design. Because of this unique form factor, Duper is highly accessible. We want Duper to be a household name, just like Catan and Poker are,” added Kevin Zhang, Co-founder.

The Duper team includes web2 gaming veterans from renowned studios such as MiHoYo (Genshin Impact) and Lilith (Rise of Kingdoms), along with top web3 talent, all working together to redefine the gaming landscape. Founded in 2022, Curio is dedicated to building groundbreaking games and infrastructure that leverage blockchain technology to create uniquely new experiences.

“Duper is a seemingly never ending fountain of strategic depth. Making alliances and trades are as common as deception and heart-thumping risks. Never count a player out, for in Duper, the pot is claimed by those that account for all possibilities.”, added PhyzixTeacher, core contributor at Citadel.

Web3 games today fail to retain players due to the lack of engaging game design. Without a strong core loop that works synergistically with crypto, these games tend to be either unexciting or tiring replicas of existing web2 games. Currently, no games successfully integrate stakes and money with enjoyable novel gameplay. Many developers focus on creating hyper-casual games or massively multiplayer online games (MMOs), which struggle to compete with web2 games in the long run. Duper looks in another direction and fills this gap by being the “poker for web3”, or the “go-to crypto board game” developed from the ground up with a unique IP.

“We’ve worked with the Curio team since inception and continue to be impressed with their vision for how next generation games can leverage blockchain components,” said Stephan Cohen, Partner at Bain Capital Crypto. “By focusing on emergent social dynamics and skill-based wagering, Curio combines the best elements of classic games like Poker and Mahjong with the immersive nature of video games. We’re excited to partner with them as they develop the next generation of strategy games.”

Today, Duper releases its first season — a month plus tournament with big prize pools. Currently, players can claim loot boxes, which unlock emblems that form the economic foundation of the Duper ecosystem.

To begin playing Duper and stay up to date on upcoming announcements, users can visit duper.gg.

About Curio

Curio is a leading crypto games studio on a mission to create groundbreaking games that leverage blockchain technology to enhance player experiences. Curio’s first game, Treaty, is a 4X strategy game that allows players to create arbitrary on-chain social agreements and “treaties” with each other. Curo is backed by Bain Capital Crypto, SevenX Ventures, TCG Crypto, OKX Ventures, Formless Capital, Smrti Labs, and Robot Ventures.

About Duper

Duper is a unique social strategy game that combines wagering with elements of collusion and team play. Launched in May 2024, Duper offers an immersive and replayable gaming experience where players can engage in high-stakes strategic battles.

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Degentralized Funancial – DEGFun Revolutionizes Microcap Trading with Groundbreaking DEX Framework

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In the realm of decentralized finance (DeFi), innovation is key to driving the industry forward. With the emergence of DEGFun, a new wave of revolution is sweeping through the world of microcap trading. DEGFun represents a significant shift from traditional decentralized exchange (DEX) models, offering a fresh framework for financial transactions that prioritizes transparency, accessibility, and empowerment.

One of the standout features of DEGFun is its innovative approach to token launches. Through mechanisms like initial DEX offerings (IDOs) and liquidity pools, DEGFun provides a platform for projects to raise capital while offering early investors unique opportunities to engage with emerging tokens. This democratized investment model not only opens doors for a diverse range of projects but also enriches the DeFi space with cutting-edge solutions.

The $DEGFUN token lies at the heart of the DEGFun ecosystem, designed with a deflationary mechanism that bolsters its value and sustainability. A 5% fee structure on all trading activities plays a crucial role in driving the economic model forward, incentivizing active participation while creating a circular economy within the platform.

Joining the Movement

Engaging with DEGFun is not just an opportunity; it’s a call to action for anyone interested in the future of decentralized finance (DeFi). As the DeFi revolution continues to gain momentum, DEGFun provides a unique platform for individuals to contribute, collaborate, and benefit from the transformative changes happening in the financial landscape. Whether you are an investor, developer, or simply an enthusiast of blockchain technology, there are numerous ways to get involved.

For developers, DEGFun invites you to utilize its token launcher and liquidity management tools. By creating and launching your own tokens, you can contribute innovative projects that enhance the DeFi landscape. This is a chance to make a tangible impact while leveraging the platform’s robust infrastructure.

Investors can participate in initial DEX offerings (IDOs) and liquidity pools, allowing them to support new projects while earning rewards. By actively participating, you can help shape the future of finance while potentially reaping financial benefits.

In essence, joining Degentralized Funancial is about being part of a community that is pioneering a new paradigm in finance. Visit our website and join our Telegram channel to take your first steps towards contributing to this exciting movement.

About DEGFun

DEGFun is a decentralized platform revolutionizing microcap trading with innovative token launch models. It offers a unique framework for financial transactions, focusing on transparency, accessibility, and empowerment. Through mechanisms like initial DEX offerings (IDOs) and liquidity pools, DEGFun enables projects to raise capital and provides early investors with opportunities to engage with emerging tokens. At the core of its ecosystem lies the $DEGFUN token, featuring a deflationary mechanism that sustains its value and incentivizes participation.

For more information visit the Website: https://degentralized.fun/

SOCIALS :
Dapps: app.degentralized.fun
TG: t.me/DEGFun
X: x.com/DEGFunETH
Website: https://degentralized.fun/

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Outlier Ventures and Camino Network Join Forces Ahead of CAM Token Launch

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Camino Network, the travel industry L1 has been selected for Outlier Ventures’ token launch program, Ascent. The collaboration aims to prepare Camino Network for its upcoming token launch at the end of this year.

Ascent is Outlier Ventures’ leading global token launch accelerator program that provides expert advice and support for later-stage projects. Camino Network will now work closely with Outlier Ventures to successfully navigate its route to web3 tokenization. The partnership will see Camino Network benefit from Outlier Ventures’ top-tier expertise in a number of critical areas.

Outlier Ventures runs highly selective accelerator programs, working with a carefully chosen group of companies each year through its recruitment process. Camino Network is among the few successful selected applicants, receiving an investment and gaining access to Outlier’s unparalleled expertise and resources to help drive their growth and future success.

Over the past two years, Camino Network has developed into a robust and decentralized ecosystem set to become the future technological foundation tailored to the travel industry. While Camino Network’s token, CAM, has yet to be launched on exchanges, it comes to the Ascent program with a proven track record of over 200,000 transactions generated by travel tech companies and their applications. With over 200 established brands and innovative startups already on board, the network is growing, and over 40 use cases are now in development.

Thomas Stirnimann, Council President of the Camino Network Foundation, said: “With strong backing from global travel leaders, Camino Network is poised to transform the travel industry. The web3 travel ecosystem will accelerate the integration of cutting-edge Web3 technologies to build a more efficient, interoperable, and future-proof travel industry. With Outlier Ventures by our side, we are perfectly prepared to scale globally and lead the mass adoption of Web3 in travel.”

“As the first blockchain platform dedicated to the travel sector, Outlier Ventures sees immense opportunities with Camino Network to enhance processes and create innovative travel products that will benefit the industry and customers globally,” said Matt Law, Chief Commercial Officer, Outlier Ventures. “Through our Ascent token launch program, we are excited to support Camino Network in its mission to transform the travel industry for all stakeholders. This partnership aligns with our commitment to backing leading Web3 companies that address real-world challenges, expanding the reach of blockchain into global industries like travel.”

About Camino Network

Camino Network is the Layer 1 blockchain built specifically for the travel industry. Operated by a consortium of industry leaders, Camino transforms the distribution landscape and solves connectivity challenges in the multi-trillion-dollar travel sector. Backed by 200+ brands, 100+ validators, and over $10 million in funding, Camino is driving the future of Web3 travel.

Learn more: https://camino.network/

About Outlier Ventures

Founded in 2014, Outlier Ventures is the world’s leading Web3 accelerator, with a renowned reputation as the go-to authority for Web3 founders, investors and partners across its Base Camp accelerator program and Ascent token launch program. With a portfolio of over 320 global investments, Outlier Ventures has helped raise over $350m in seed funding. Outlier Ventures’ portfolio includes leading Web3 companies including Biconomy, Boson Protocol, Brave, Cheqd, Cudos, DIA Data, Fetch.ai, IOTA, Ocean Protocol, Root Network and XAI.

Learn more: https://outlierventures.io/

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Altcoins

Introducing Cookpad: Your Recipe for Effortless Crypto Project Creation

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Cookpad is your gateway to building and launching successful crypto projects with ease. Whether you’re a seasoned developer or just starting out, our platform provides a comprehensive suite of services designed to streamline every step of your crypto journey.

From our Token Launch Platform, which simplifies the creation and deployment of your token, to our Liquidity Provider Service that ensures smooth market operations, Cookpad equips you with everything you need. Additionally, our Web3 Developing Service opens the door to cutting-edge decentralized application development, helping you bring your vision to life.

With Cookpad, the complexity of launching a crypto project becomes a thing of the past. We empower creators to innovate without boundaries.

Cookpad: Crafting the Future of Crypto Development

In the rapidly evolving world of blockchain technology, launching a crypto project can be a complex and daunting task, often requiring significant technical knowledge, resources, and time. Many innovative ideas remain unrealized due to the challenges of navigating the blockchain space.

Cookpad was born out of a need to simplify this journey and make blockchain accessible to everyone, from developers to entrepreneurs, without sacrificing the core principles of decentralization, security, and innovation.

At the heart of Cookpad is the belief that blockchain technology should be empowering. Our mission is to remove the technical and financial barriers that often prevent projects from reaching their potential. Cookpad brings all the essential tools together under one platform, making it easy for anyone to turn their crypto ideas into reality.

Through our Token Launch Platform, we offer a frictionless path to creating, launching, and managing tokens. Whether you’re building a new cryptocurrency or creating utility tokens for your platform, we provide the infrastructure to make it happen effortlessly.

Our Liquidity Provider Service ensures that once your token is launched, it can seamlessly integrate into the market with the liquidity necessary for smooth transactions and market confidence. Cookpad helps projects avoid the pitfalls of illiquidity, giving them a strong start and ongoing support in the crypto ecosystem.

Lastly, our Web3 Developing Service empowers users to venture into the decentralized future by creating dApps (decentralized applications) and leveraging the full potential of blockchain technology. With Cookpad’s tools and expertise, developers can focus on innovation while we handle the complexities of Web3 infrastructure.

Cookpad’s vision is to democratize crypto project development and unlock a new wave of decentralized applications and tokens. By providing a streamlined platform for token creation, liquidity, and Web3 development, Cookpad makes it easier for innovators, developers, and entrepreneurs to thrive in the blockchain space.

SOCIALS:

Website: https://cookpad.finance
X: https://x.com/cookpadfinance
TG: https://t.me/cookpadfinance
Github: https://github.com/CookpadLabs
Document : https://docs.cookpad.finance/

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edgeX: The Disruptor of the Centralized Derivatives Trading Landscape

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Amber Group’s incubated decentralized derivatives trading platform, edgeX, has recently launched on the mainnet, bringing a new decentralized trading experience to users worldwide. edgeX is a high-performance, modular financial system designed to build a decentralized, high-performance, and feature-rich derivatives trading system through various components and Lego-like modules.

Incubated by Amber Group, edgeX benefits from the expertise and resources of a leading global liquidity provider and digital asset management company. Founded in 2017 and headquartered in Hong Kong, Amber Group is a fully compliant company managing approximately $5 billion in assets, serving around 30 banks and 2,000 institutions worldwide. With a presence in Taipei, Seoul, Vancouver, and Singapore, Amber Group has processed over $2 trillion in total trading volume as of June 2024. The collaboration between Amber Group and edgeX provides the platform with strong support in terms of liquidity, security, and stability.

Strong Team and Cutting-Edge Technology

The edgeX team comprises professionals with extensive experience in both cryptocurrency trading and traditional finance. Team members hail from renowned financial institutions such as Morgan Stanley, Barclays, Goldman Sachs, and Bybit, boasting over seven years of exchange operations and trading experience. In addition, edgeX brings together a world-class technology development and security team to ensure the platform maintains industry-leading performance and security. The expertise of the core development team gives edgeX a unique competitive edge, enabling it to quickly adapt to market changes and drive innovation.

Innovative Modular Financial Ecosystem

Within the edgeX ecosystem, the first MVP—edgeX Exchange—has already been launched, with numerous other applications and modular components being rolled out.

  • edgeX Telegram Bot: Built on the Ton ecosystem, this bot supports multi-chain trading and is interoperable with the edgeX platform. It allows users to trade any MEME tokens and emerging assets directly via the edgeX Bot, providing a more convenient trading experience.
  • edgeX Leverage: Offers multiple trading instruments, including US stocks, forex, and commodity futures. Users can choose to purchase 3X/5X leverage products and ETF indices, enabling a diversified investment portfolio.
  • edgeX Epool: Targeted at institutional clients, Epool generates revenue by providing asset management and liquidity services to multiple derivatives trading platforms. These earnings are shared with edgeX platform token holders and users who deposit funds.
  • edgeX Lend: By partnering with platforms like AAVE and Compound, users can efficiently optimize their assets to maximize yields.
  • edgeX Insurance: edgeX offers an innovative liquidation insurance service, providing double compensation in the event of liquidation, significantly reducing user risk and loss.

A Future-Oriented Decentralized Finance Revolution

edgeX is not just a decentralized derivatives trading platform; it’s a modular financial system. By combining various financial modules, edgeX provides developers and users with a variety of plug-in combinations, forming an open application marketplace. This greatly promotes the formation of an open derivatives trading system and accelerates the growth of the decentralized derivatives market.

The derivatives trading volume in the crypto market is 4-5 times that of spot trading, and the decentralized derivatives market has at least tenfold growth potential. In this vast market, edgeX, with its robust technical architecture and innovative model, is poised to become an unignorable force.

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Altcoins

Gains Network Commits 15% Revenue Share of NEIRO/USD Pair to NEIRO Foundation

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Dogecoin sister token NEIRO has announced a groundbreaking partnership with DeFi ecosystem Gains Network. In a first-of-its-kind initiative, all volume for $NEIRO on gTrade will see a 15% revenue share to be distributed to the recently launched NEIRO Foundation.

The move will ensure a sustainable financing pipeline for the NEIRO Foundation, which is a collective effort to fund Shiba Inu rescue and wellbeing efforts across the world. Whether it’s rescuing abandoned dogs, providing medical care, or promoting responsible adoption, the NEIRO Foundation has a clear mandate to make a lasting impact on Shiba Inu welfare. Following today’s partnership announcement, for every $10 million of notional volume, $1,200 of revenue will be distributed to the NEIRO Foundation, which will be allocated to provide essential resources and financial support to dog shelters, rescue groups, and initiatives that work tirelessly to improve the lives of Shiba Inus in need.

The announcement gives expression to the far-reaching potential for DeFi to drive philanthropy, demonstrating how blockchain-based platforms can seamlessly integrate social responsibility while expanding their user base.

At the heart of the NEIRO Foundation is a commitment to ensuring every Shiba Inu receives the love, care, and support they deserve, ensuring that the breed that was catapulted to global renown during the peak of the SHIBA and DOGE craze in 2021 is cared for and protected, regardless of the wider crypto market trajectory. Through educational content, community outreach, and advocacy, the NEIRO Foundation aims to inspire more people to get involved in Shiba Inu welfare, from adopting dogs to supporting local shelters.

NEIRO continues to attract a passionate community of dog lovers, philanthropists, and crypto enthusiasts alike who share a vision of improving the lives of Shiba Inus everywhere. With over 22,000 holders and counting, the success of NEIRO is a testament to the growing demand for socially-conscious investments in the crypto space. The project has already announced a $100,000 target initiative to support Shiba Inu rescue efforts globally, driven by a philanthropic spirit to honor Kabosu’s legacy and make a meaningful impact on the future of Shiba Inus worldwide.

Commencing on the announcement, SlumDOGE Millionaire, spokesperson for NEIRO said: “We’re seeing a growing trend of Web3 companies taking progressive steps to enact tangible CSR initiatives as a force for good. This amazing initiative between Gains Network and the NEIRO Foundation encourages traders to participate, knowing their transactions contribute to a great cause, creating a positive cycle of engagement. Sincere thanks to Gains Network for supporting our vision to improve the welfare of Shiba Inus worldwide.”

To learn more, visit: https://www.neirocharity.org/

About NEIRO

NEIRO is a community-driven cryptocurrency on the Ethereum blockchain, inspired by the legacy of Kabosu, the Shiba Inu behind Dogecoin. With a focus on philanthropy and a vision of global impact, NEIRO is dedicated to supporting Shiba Inu rescue efforts and creating a purpose-driven narrative within the crypto space.

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Blockchain

Granite Launches as First-of-its-Kind Bitcoin DeFi Liquidity Protocol Prioritizing Security and Trust

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The first-of-its-kind DeFi liquidity protocol focusing on redefining trust and security for DeFi

Granite, a groundbreaking Bitcoin DeFi liquidity protocol that empowers users with unprecedented security and control over their Bitcoin assets, today announced its launch. Incubated by Trust Machines, Granite represents a significant evolution in the DeFi landscape, setting new standards for transparency and user-centric financial services – all backed by the power of Bitcoin L2s.

Granite enables BTC users to access DeFi without centralized custodians by leveraging Stacks’ recently-launched Nakamoto upgrade and sBTC Bitcoin bridge. The Nakamoto upgrade increased Stacks’ block speed 100x while maintaining its unique proof-of-transfer (PoX) consensus mechanism and Bitcoin finality. sBTC is an open-source Bitcoin bridge secured and managed by an open network of Stacks validators via a threshold signature script on the Bitcoin blockchain, allowing for the permissionless and decentralized use of BTC in DeFi. Together, these upgrades pave the way for Bitcoin DeFi.

“Today there is no safe way to use BTC in DeFi,” said Blaize Wallace, Founding Contributor to Granite. “Protocols have decided to maximize returns at the cost of counterparty and protocol risk. Granite takes the opposite approach.”

Granite introduces a borrower-centric DeFi liquidity model that maximizes asset safety, minimizes liquidation risk, and allows users to tailor their risk exposure.

  • No rehypothecation: by never lending out borrowers’ collateral and only having a single borrowable asset per market, Granite eliminates the predominant DeFi “pooled-risk” model that exposes all users to the downside of the riskiest pool assets.
  • Liquidation to solvency: DeFi protocols typically liquidate 50-100% of a position, which can result in the loss of borrowers’ collateral. Granite instead uses “soft liquidations” which liquidate only to the point of solvency, allowing overextended borrowers the opportunity to weather downturns with minimal losses.
  • Offline position tracking: push notifications that track account health and interest rates allow borrowers to relax and receive relevant account alerts instead of staying glued to their screens.
  • Tranched LP positions: LPs can stake their positions to enter a junior risk tranche that may receive higher rewards, tailoring their risk profile, and all LPs are still protected by the protocol reserve as a first line of defense.

Despite being the most capitalized crypto asset, most bitcoin sits dormant and unproductive, unused by its holders. Other blockchains demonstrate a stark contrast, where their native cryptocurrency (such as ETH) is actively deployed to validators (staking) and in DeFi protocols as collateral or liquidity pairs. As a decentralized non-custodial protocol, Granite brings transparency to lending and borrowing that typically has not been seen on the Bitcoin blockchain, aiming to reverse this trend.

“At this time, only about 1% of bitcoin is used in DeFi, largely because Bitcoin users want to make sure their BTC is secure first and foremost,” said Muneeb Ali, CEO and Co-Founder of Trust Machines. “Granite’s security-oriented approach creates an opportunity to begin unlocking the remaining 99% of BTC capital. It’s the only liquidity protocol I would consider using with my BTC.”

“Bitcoin is the most valuable asset you will ever own,” added Wallace. “Don’t risk your stack to centralized wrappers or predatory liquidation schemes. Granite helps you access the value in your BTC as safely as possible. Never sell.”

For more information about Granite, readers can please visit http://www.granite.world

About Granite

Granite is a first-of-its kind Bitcoin DeFi liquidity protocol empowering users with unprecedented security and control over their Bitcoin assets, Granite represents the significant evolution in the DeFi landscape, with a mission of setting new standards for transparency and user-centric financial services – all backed by the power of Bitcoin L2s.

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Technologies

Completely New Gaming Narrative: How Monsta Challenges Standard Tap2Earn Games and Provides Gamified Trading Simulator

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Monsta is a crypto-trading game featuring fun meme characters and easy-to-earn mechanics. It’s perfect for newbies wanting to explore crypto trading risk-free, as well as experienced traders looking to sharpen their skills and build their social capital by sharing the strategies they believe in.

Monsta offers a fresh take on clicker games by blending lively gameplay with crypto trading. With each tap, you earn in-game points that allow you to build your investment portfolio by buying special Trading Cards.

These cards reflect the dynamics of real cryptocurrencies like BTC, ETH, TON, SOL, and more. You can buy the cards, sell them if they don’t perform as expected, or hold them if you want to give them a chance. Essentially, it’s a simplified analog of the spot market, but safe and gamified. It helps you gain trading experience without risking real money.

Monsta’s economy is rich, original, and close to reality. The characters in the game are crypto-monsters with names related to trading, such as Hodl, Moon, Long, Short, and Fomo. As you play, you’ll dive into crypto culture, become familiar with it, and learn how to reach the Moon! The game currently features 10 characters, but the team promises to add more.

The Monsta gameplay is enhanced with boosters (speed-ups) and gems (advanced boosters). The game includes daily and weekly quests, and soon there will also be group online tournaments where you can compete with friends and earn even more.

The project is set to become a huge ecosystem with exciting updates on gameplay, numerous rewarding opportunities for the community, and more surprises. Keep an eye on the project, as the beta version of the game is already live. Be among the first players to catch all the updates and avoid feeling FOMO later on.

Play like a Monsta. Earn like a Pro.

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Technologies

Phala Network unveils the first-ever GPU-TEE benchmark, paving the way for decentralized AI

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Phala Network, a pioneering blockchain platform focused on Trusted Execution Environments (TEEs), has announced a significant milestone in its roadmap to decentralized AI. The company, which has been at the forefront of verifiable computing since its founding in 2019, has just released the first-ever benchmark for TEE-enabled GPUs, marking a new era in secure, high-performance decentralized AI.

Phala Network’s vision for decentralized AI

Phala Network has consistently pushed the boundaries of what blockchain can achieve, particularly in secure computation.

Since launching its mainnet in 2021, Phala has grown to support over 40,000 TEE CPU nodes, providing robust infrastructure for decentralized applications. These nodes enable Web3 developers to offload complex computations from smart contracts to Phala’s off-chain network, ensuring data privacy and security while generating verifiable proofs and oracles.

Phala’s technology has been instrumental in powering various Web3 use cases, including social apps, games, and AI-driven agents.

With the release of their latest GPU-TEE benchmark, Phala is taking a decisive step toward realizing its vision of decentralized AI. The new benchmark focuses on the performance of Nvidia’s H100 and H200 GPUs when integrated into Phala’s TEE technology. This integration is crucial for scaling decentralized AI, offering the high-performance compute power necessary for training and running large language models (LLMs) like LLaMA 3 and Microsoft Phi while maintaining stringent security and privacy standards.

The role of TEE in decentralized AI

The integration of Trusted Execution Environments (TEEs) within decentralized AI systems is crucial for ensuring the protection of sensitive AI workloads, particularly as AI becomes increasingly critical in various industries. By extending trusted computing principles beyond CPUs to AI accelerators like GPUs, TEEs can provide a new layer of defense, safeguarding model weights and inference data through cryptographic measures. This evolution in infrastructure security enables the secure deployment of decentralized AI systems, ensuring that data remains protected even in the event of a compromise.

In 2024, Nvidia introduced its H100 Tensor Core GPUs, equipped with advanced Confidential Computing (CC) solutions that integrate TEE functionality directly into the GPU architecture. These solutions include features like encrypted memory, secure boot, and hardware firewalls, all designed to protect sensitive data during processing.

Phala’s adoption of Nvidia’s TEE-enabled GPUs represents a significant advancement in decentralized AI, providing a foundation for secure, transparent AI systems that are not controlled by any single entity. This move is aligned with the broader goals of decentralized AI, which aims to democratize access to AI technologies, making them more accessible and equitable.

Benchmarking GPU-TEE performance

Phala Network’s latest benchmark for TEE-enabled Nvidia H100 GPUs provides critical insights into secure AI performance. Key findings include:

  • Minimal overhead: The introduction of TEE incurs a performance overhead of less than 7% on typical LLM queries, with almost zero impact on larger models like LLaMA-3.1-70B. For smaller models, the overhead is primarily linked to CPU-GPU data transfers via PCIe rather than GPU computation itself.
  • Scalability: Phala’s report shows that the overhead becomes negligible for larger AI models, highlighting that the GPU’s compute-heavy tasks are not hindered by TEE mode.

These results validate the viability of TEE-enabled GPUs for developers looking to implement secure, decentralized AI applications without compromising performance.

The future of Decentralized AI

As the demand for decentralized AI grows, the need for robust and secure infrastructure becomes paramount. The future of decentralized AI hinges on advancements in technologies like confidential computing, which offers the promise of enhanced security by encrypting data at the hardware level. Moreover, the integration of network and tenant isolation guarantees, along with innovations in operational and physical security, will be critical in building resilient AI systems. These measures not only protect against external threats but also ensure that decentralized AI can scale securely, providing equitable access to advanced AI capabilities.

Phala Network’s work in decentralized AI is a critical step toward addressing these challenges. By integrating TEE technology into GPUs and providing the first comprehensive benchmark, Phala is not only advancing the technical capabilities of decentralized AI but also setting new standards for security and transparency in AI systems.

The release of this benchmark is just the beginning. As Phala continues to innovate, the decentralized AI ecosystem is poised to grow, offering new opportunities for developers, businesses, and communities to harness the power of AI in a way that is secure, transparent, and equitable for all.

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Blockchain

Rilla Network Revolutionizes Live Sports Streaming Delivery and Experience

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Rilla Network is redefining live sports streaming by turning passive viewers into active participants. Its innovative protocol integrates interactivity and transactability natively, unlocking a new era of live-streaming experiences.

Rilla’s decentralized protocol enables users to contribute network capacity and earn rewards, while the network effects of value distribution foster deeper engagement and loyalty. Through real-time interactivity, audience members can transact directly during live streams, creating new economic models for the industry.

The Rilla platform features a viewership gamification and rewards framework, driving engagement with personalized experiences. Its hyper-granular analytics provide insights on a viewer-by-viewer basis, enhancing user experience and targeting. Additionally, consumption-based pricing and trustless billing ensure cost-efficiency and scalability with a logarithmic cost-to-serve model that keeps costs low even as audiences grow. Low-latency streaming further enhances viewer engagement.

With the traditional economics of live streaming becoming unsustainable, Rilla offers a solution to capture second-order network value, some of which is already lost to third-party networks such as social media. By integrating interactivity and transactability, Rilla ensures that the value generated remains within the live stream, benefiting content creators and viewers.

Co-founder and CEO, Hal Smith Stevens, said: “Today’s streaming models are outdated. Rilla Network enables fluid transactivity and audience interactivity, empowering viewers to engage actively with the content and the community. We’re transforming live digital experiences.”

Rilla Network has closed two funding rounds this year, including an angel and pre-seed round, raising a total of $3.5 million. The rounds were led by Blockchain Founders Fund and Blockchange Ventures, respectively.

Managing Partner at Blockchange Ventures, Ken Seiff, stated: “Rilla Network is transforming live streaming by addressing key inefficiencies and introducing innovative ways to enhance audience interaction and monetization. Its decentralized approach and ability to capture second-order value sets it apart as a true game-changer in live sports streaming. We’re thrilled to support such a forward-thinking team.”

The funds are being used to launch Rilla’s protocol through a pilot program in collaboration with major players in sports streaming. The company plans to run high-profile pilots before seeking seed funding in Q2 2025.

About Rilla

Rilla Network is a decentralized live-streaming protocol. Rilla is based in Dubai, UAE with world-class team members contributing globally. The founding team has decades of experience in software development, content streaming services, Web3, blockchain, AI, and machine learning. Learn more at https://rilla.network.

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LedgerAI Partners Secures First of Numerous Letters of Intent with Financial Recovery Strategies (FRS) to Revolutionize Business Intelligence

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LedgerAI, a leader in artificial intelligence and business solutions technology, is thrilled to announce it has secured its first Letter of Intent (LOI) with Financial Recovery Strategies (FRS), marking a transformative moment as the company redefines the future of business intelligence by applying Artificial Intelligence (AI), intelligently. This will be part of an ongoing series of LOI announcements with clients.

Aura Vision: The Intelligent Heart of FRS

This cutting edge AI interface will function as an unparalleled Board and Executive Concierge, Chief of Staff, and Chief Administrator, but these titles only scratch the surface of its functional capabilities. At the core of this partnership with FRS is LedgerAI’s flagship AI platform, Aura Vision – a dynamic, next-generation AI-powered interface designed to act as the nerve center of FRS. Aura Vision doesn’t just support decision-making; it revolutionizes it by seamlessly integrating into every layer of FRS’s operations.

From real-time analysis of class action litigation landscapes to forecasting financial recovery trends, Aura Vision ensures FRS is always one step ahead, making decisions with a confidence rooted in data-driven intelligence. Aura Vision is engineered to anticipate the needs of FRS’s leadership and operational teams, proactively delivering critical market insights, risk assessments, and internal intelligence. It sifts through vast data streams, identifies patterns, and presents actionable insights with unparalleled speed and accuracy.

Michael Epstein, CEO of FRS: “Aura Vision is a game-changer for FRS. It’s like having a team of the world’s top strategists, analysts, and advisors working 24/7, but with the precision and efficiency that only AI can provide. For an organization like ours, with over 29,000 clients, the ability to proactively manage and interpret vast amounts of data is invaluable. Aura Vision doesn’t just tell us what’s happening; it tells us what’s coming, allowing us to act swiftly and strategically.”

Strategic Partnership: A New Era for FRS and LedgerAI

Epstein also spoke highly of the team of four co-founders behind LedgerAI: “The brilliance of CEO Paul Chou and his executive team at LedgerAI cannot be overstated. From Paul’s visionary leadership to Bob Carella’s financial expertise and client focus, David Lara’s operational and market insights, and Jorge Guinovart’s marketing reach, this partnership is the perfect alignment of innovation and execution. Aura Vision represents the culmination of their efforts, and we at FRS couldn’t be more excited to integrate it into our operations. The immediate ROI we anticipate from Aura Vision’s proactive intelligence-sharing capabilities is very exciting.”

Looking Ahead: Redefining Business Intelligence

The LOI with FRS positions LedgerAI as a leader in AI innovation. Aura Vision is not just another tool; it’s a revolutionary platform that will redefine how companies like FRS operate – making business intelligence more intuitive, integrated, and impactful by applying Artificial Intelligence, intelligently.

About FRS

Financial Recovery Strategies (FRS) is a leading firm specializing in class action settlement claims recovery and cost-saving strategies. With over 29,000 clients, more than 400 of them being fortune level companies, FRS provides comprehensive management of class action claims, from tracking litigations to overseeing settlement distributions. For more information, visit www.frsco.com.

About LedgerAI

LedgerAI is at the forefront of artificial intelligence and business solutions technology, dedicated to revolutionizing how businesses operate through cutting-edge AI platforms like Aura Vision. LedgerAI continues to push the boundaries of innovation and deliver exceptional value to its clients. For more information, visit www.ledgerai.co.

Website: https://www.ledgerai.co/

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