Bitlayer, the first Bitcoin Layer 2 based on the BitVM paradigm, is currently working on building the largest Bitcoin Layer 2 ecosystem.

According to official data, the $50 million developer incentive airdrop program launched by Bitlayer has already attracted more than 800 projects to sign up. These projects encompass a variety of categories, including infrastructure, DeFi, NFTs, memes, SocialFi, cross-chain bridges, and wallets.

Additionally, Bitlayer has launched a popularity ranking list for projects during the preparatory phase in order to visualize the community activity of the project parties. Before voting ends on May 10th, users can actively participate in voting to earn Ready Player One Campaign Points. Concurrently, the project team can build up popularity points, which will contribute to an advantageous position in the official Bitlayer leaderboard rankings. As of now, the event has attracted over 5 million votes.

What is Ready Player One?

Ready Player One is an open incentive program designed to distribute token rewards valued at over $50M to protocols and teams that stand out for their deployment on the Bitlayer mainnet, helping them gain industry exposure, funding, and acceleration of community and business growth.

The Ready Player One developer incentive airdrop program is divided into four phases:

Registration Epoch: March 29th to May 10th.

Projects will complete their event registration and join the Bitlayer builder group.

Preparation Epoch: April 23rd to May 10th.

Community members can accumulate Ready Player One points and have a chance to gain a Bitlayer Lucky Helmet NFT. Project teams are encouraged to gather community resources through voting to increase their awareness and support.

Competition Epoch: Estimated Duration from May 11th to July 11th

Project teams will participate in leaderboard competitions as well as an accelerator program to compete for developer airdrop rewards and grants.

Reward Settlement and Issuance Epoch: Starting May 11th

Based on the competition’s outcome, Bitlayer will tally points and distribute rewards following the end of the competition.

In addition to generous token rewards, Bitlayer commits to providing comprehensive ecosystem support for all projects, offering the following resources to builders:

• Potential investment from the foundation and institutions
• Initial liquidity support
• Comprehensive product development resources
• Mentorship and pitch opportunities from top-tier incubators
• Support from the Bitcoin community and OGs
• Ecosystem collaboration and co-creation

All teams participating in Ready Player One are eligible to apply for these resources. Bitlayer will regularly announce a list of projects receiving Bitlayer’s support, ensuring that their innovations receive the growth and resources they deserve.

How are Airdrop Rewards Distributed?

Bitlayer developer airdrop rewards will be distributed through a combination of leaderboard competitions and an accelerator program.

Leaderboard competition

Based on the principles of fairness, openness, and transparency, Bitlayer will establish a leaderboard for all successfully registered projects. Bitlayer Dapp Points will be calculated and updated daily based on a variety of metrics, including Total Value Locked (TVL), trading volume, number of transactions, product strength, number of active users, retention rate, activity level, and popularity.

The more Bitlayer Dapp Points a project accumulates, the higher its ranking will be. Bitlayer will distribute the rewards uniformly at the end of the competition.

Accelerator program

To provide more targeted support for crypto entrepreneurs, we will launch the Bitlayer Accelerator Program concurrently with the start of the Bitlayer Ecosystem Leaderboard Competition. This program is open to all participants of the developer incentive airdrop program, and successful registration will automatically place you on the shortlist for the accelerator, eliminating the need for a separate application.

To ensure a higher level of transparency and fairness in the selection process, Bitlayer plans to establish a jury comprising organizations such as the Bitlayer Foundation team and many leading web3 VCs such as ABCDE Capital. The jury will professionally assess and vote based on various dimensions including project category, team background, and community engagement.

Bitlayer intends to hold monthly selections, with projects that secure the most votes receiving token airdrop rewards of up to $3 million. The distribution of all rewards will cease once they have been fully disbursed.

The Leaderboard Competition and Accelerator Program will not only bring outstanding teams to the forefront but also provide a differentiated incentive mechanism to help startups achieve a successful launch and secure growth within the Bitlayer ecosystem.

About Bitlayer

Bitlayer is the first Bitcoin Layer 2 solution based on the BitVM paradigm. Bitlayer’s core objective is to address the trade-off between security (trustlessness) and Turing-completeness in BTC layer 2 through cryptographic innovations and blockchain protocol engineering.

Bitlayer is committed to becoming the computation layer for Bitcoin, aiming to introduce ultra-scalability to Bitcoin while inheriting its security, providing users with a high-throughput, low-cost transaction experience.

E-PAL, the top gaming ecosystem platform in the world, has officially announced its entry into Web3 gaming. Headquartered in LA, California, E-PAL is the leading social network where gamers pay for skills and interest-related matching with skilled E-Pals.

With the aim to transform the Web3 gaming framework, E-PAL brings numerous innovations, such as an all-inclusive gaming ecosystem podium and a gaming chain. Being one of the most innovative gaming platforms, E-PAL will combine the customized AI gaming elements, which offers a smarter and more convenient gaming experience to the users.

Founded in 2020, E-PAL has experienced significant growth in the gaming industry with five million users downloading the E-PAL app. Such a huge number of downloads reflects E-PAL’s increasing user base, growing market penetration and widening reach among gamers. It has turned out to be the world’s foremost game companion platform in only four years, winning more than 2.4 million users, 300,000 companions and associating with 200 leading games.

Plus, E-PAL’s search for capable partners in the marketplace reflects its smart moves to widen its operational base and strongly boost its market share. The gaming platform’s aim to build partnerships is a proactive step to grow its business and presence in the Web3 gaming marketplace.

E-PAL has acquired two funding rounds led by Galaxy and A16Z with extra investors, including the director of League of Legends and the founders of Riot Games and YouTube. As per the latest reports, E-PAL will introduce the gaming platform Balance.game in May 2024, along with their entrance in the Web3 gaming world and releasing their platform’s 1.0 version, starting the new age of Web3 gaming.

Twitter: https://twitter.com/Balance_Games

Chronicle Protocol is proud to announce the launch of support for zkSync. Scribe, blockchain’s first fully verifiable and cost-efficient Oracle, is live now on zkSync Era. Chronicle Protocol’s integration of zkSync unlocks decentralized, secure, and resilient price feeds for over 100 dApps already in the ecosystem.

Chronicle has launched on zkSync Era with its core Oracles, BTC/USD and ETH/USD, with more price feeds such as USDT/USD, USDC/USD, and WSTETH to follow.

“Together, Chronicle and zkSync combine the resilience of verifiable, gas-optimized, decentralized Oracles with the security and scalability of zk rollups, helping builders launch and serve their users on high integrity foundational infrastructure,” said Jennifer Senhaji, Head of BD & Growth at Chronicle.

Scribe tackles the underlying engineering problem behind the high cost of operating Oracles. The result is an Oracle that costs up to 6x less than Chainlink to update and 3.5x less than Pyth (on L1 and L2). This was achieved using Schnorr signatures – to read more about that, users can check out this research report by Token Terminal.

With Scribe’s arrival on zkSync Era, builders will immediately gain access to these huge cost-saving benefits without compromising on the security, resilience, or decentralization of the Oracle network.

Values aligned

Chronicle was the first Oracle on Ethereum back in 2017. It has long been a proponent of the “Ethereum approach”. Therefore, preserving its foundational values—freedom, self-sovereignty, and decentralization—values that both Chronicle and zkSync are built on—makes this integration a perfect fit in more ways than one. Chronicle is delighted to build together with those on the zkSync ecosystem.

The TL;DR on Scribe

Choosing an Oracle to secure a protocol and its TVL is the most important consideration of them all. With that in mind, Chronicle Protocol has prepared a short rundown of the questions every Oracle user should have definitive, verifiable answers to and how Scribe stacks up:

Where does the data come from?

Chronicle Scribe displays every data source in real-time and historically via The Chronicle, its on-chain dashboard. Users can pick an Oracle, choose a time and date on the graph, and click the drop-down arrow on any validator to see which exchanges were queried for the price data.

Oracle providers that use low volume and low liquidity exchanges or liquidity pools for data sources are the reason behind most DeFi protocol attacks. Every Oracle protocol should provide complete data source transparency to their users, and in a cryptographically verifiable way – not merely through words and images. Users are encouraged to seek verification rather than relyingsolely on trust.

How many validators or signers does the protocol have?

At Chronicle, protocol actors are referred to as validators. Other providers might call them signers or Oracles. These actors operate the nodes within the protocol that attest to the integrity of the reported data, such as the price of BTC/USD at a specific time.

This is how to establish truth in an Oracle network. Enough of these nodes must report back with the requested data to develop a consensus. However, if a bad actor can gain control of the majority of these nodes, they can manipulate the reported data. Therefore, the more validators or nodes an Oracle protocol has and the more distributed (or decentralized) they are, the more secure it is from being hacked.

Using The Chronicle, anyone can see who Chronicle Protocol’s validators are, which cryptocurrency pairs or Oracles they are sourcing data for, and when their reported data was last updated.

Scribe is the first Oracle design to pioneer the use of Schnorr signatures. This allows Chronicle Protocol to scale to an unlimited number of validators. No other Oracle protocol can achieve this as they all use an implementation of ECDSA that has a linear relationship between the number of validators and the cost of operating the Oracle.

Oracle networks constructed in this way must keep validator or signer numbers low to maintain a lower operating cost, sacrificing better security and decentralization.

Who are the protocol validators or signers

Knowing the identity of the validators is just as important as the total number. This is because an actor running a node can report any data they please. For example, they could have the node report that BTC is worth $10,000 when the market value is $40,000, creating an attack vector and draining the DeFi protocol the Oracle ‘secures.’

Therefore, decentralized and distributed nodes should be at the top of your Oracle provider shopping list unless you want your Oracle provider to have the power to drain your project. Right now, more than one Oracle provider runs all or the majority of its protocol’s nodes themselves, securing millions of dollars of TVL. Nothing stops them from draining your project if they get compromised. This is the risk of using a centralized Oracle.

At Chronicle, all of our validators are distributed and identifiable, and many are operated by well-known brands with a good reputation and track record—projects such as MakerDAO, Infura, Gnosis, Gitcoin, Etherscan, and DeFi Saver. Our goal is to create a validator community of some of the most used protocols in the space, creating a positive feedback loop of increasing security and decentralization.

What does it cost to operate the Oracles?

Oracles are very gas-hungry. For example, every time the BTC/USD Oracle (or Feed) updates to the latest price, this has a gas cost as it is required to post the result on-chain. Regardless of L1 or L2, the more updates, the more cost, and the Oracle provider shoulders that cost. Therefore, many Oracle providers look to update the data less frequently. This creates stale data and opens up opportunities for arbitrage, with both the Dapp and the user of the Dapp losing out.

With Scribe, we have tackled the underlying engineering problem behind the high cost of operating Oracles. The result is an Oracle that costs up to 6x less than Chainlink to update and 3.5x less than Pyth (on L1 and L2). This was achieved using Schnorr signatures – to read more about that, check out this research report by Token Terminal.

About Chronicle Protocol

Chronicle Protocol is a novel Oracle solution that has exclusively secured over $10B in assets for MakerDAO and its ecosystem since 2017. With a history of innovation, including the invention of the first Oracle on Ethereum, Chronicle Protocol continues to redefine Oracle networks. A blockchain-agnostic protocol, Chronicle overcomes the current limitations of transferring data on-chain by developing the first truly scalable, cost-efficient, decentralized, and verifiable Oracles, rewriting the rulebook on data transparency and accessibility.

Radix, a full-stack solution for Web3 and DeFi, is being used to build a cutting-edge prototype for a blockchain-based system that reduces the carbon footprint of global tourism — after being identified as the only network with the infrastructure needed to make the project a success.

Researchers developing the Carbon Tokenomics Model, which was unveiled on stage at COP28 as a revolutionary approach to tackling climate change, tested multiple blockchains in their search for a platform that was scalable enough to cope with the demands of the multibillion-dollar travel industry.

High transaction fees and slow confirmation times meant many of the world’s best-known chains were deemed unsuitable by the Surrey Academy for Blockchain and Metaverse Applications (SABMA) — except Radix, which boasts a unique consensus mechanism that can accommodate billions of users.

Speaking on stage at ITB Berlin, the world’s largest tourism trade fair, Eduard Goean, Visiting Professor at the University of Surrey, said: “We are building a prototype to prove that what we are saying could become reality. In order to make this, we have a partnership with the only blockchain company that we think in this moment is suitable for the visitor economy and the tourism industry. Why Radix? Because we analyzed the atomic composability and scalability of the blockchain.”

Tourism currently accounts for about 11% of global greenhouse gas emissions — equivalent to about 5.4 billion tonnes of CO2 — and there are fears that this figure could double by 2050 unless urgent action is taken. The goal of the Carbon Tokenomics Model is to help businesses and organizations across the visitor economy accurately measure their footprint, and take steps to mitigate it.

The efficiency of existing offsetting solutions has been difficult to assess, especially in the voluntary carbon market. Although such credits can enable businesses, including airlines to diminish the environmental impact of their operations, some schemes have faced criticism for over-representing the reduction of CO2 emissions they cause.

Full transparency on the blockchain has the potential to give the tourism and hospitality trade confidence that they’re making a difference — and having a positive environmental impact. Some of the research being carried out by the University of Surrey is being partly funded by the U.K. government through a Knowledge Transfer Partnership, offering a vote of confidence into the importance and credibility of this project.

A detailed research paper on the mechanics of the Carbon Tokenomics Model is due to be published in the coming months, with Radix founder Dan Hughes now working with SABMA on bringing this concept to life.

Hughes said: “Radix’s Cerberus consensus mechanism followed eight years of hard work, and it’s now paying off. Our infrastructure is now being recognized in the business world as technologically superior to other blockchains — finally giving entrepreneurs the tools they need to bring ambitious ideas to market. I’m proud that Radix is playing its part in the battle against climate change, which is one of the most pressing issues our world faces right now. Our involvement with the Carbon Tokenomics Model and the future-forward team at SABMA shows the use cases for Radix extend far beyond DeFi and crypto.”

About Radix

Radix is the only full-stack, Layer 1 smart contract platform that offers a radically better experience both for users and developers. With Radix, users can confidently use Web3 and DeFi to manage their assets and identities. For developers, Scrypto and Radix Engine provide a powerful and secure asset-oriented programming paradigm that allows builders to intuitively go from idea to production-ready dApps that their users will love.

For more information, please visit radixdlt.com.

Gora Network, the leading multichain oracle network built on Algorand, is announcing the official launch of its native token, GORA, on the Ethereum Virtual Machine (EVM) via the ERC-20 standard. This strategic expansion unlocks new possibilities for the Gora ecosystem by fostering wider user adoption and increased liquidity across the DeFi landscape.

Enhanced accessibility and interoperability

The launch of GORA in ERC-20 marks a significant milestone in the expansion strategy of Gora Network’s EVM roadmap, complemented by the RociFi merger and the integration of Gora oracle on EVM networks. Developers can now explore Solidity code examples for data requests and off-chain computations in Gora, empowering them to create sophisticated dApps beyond simple price feeds.

The launch of the ERC20 comes after adding testnet support for #EVM-based protocols, and is one more step in Gora’s Multichain expansion roadmap.As Gora continues to evolve, it aims to revolutionize the space and empower developers to build the next generation of blockchain applications.

Benefits for the Gora community

With GORA now available on ERC-20, the Gora community can expect a range of advantages:

• Increased liquidity: Listing on a prominent platform like ERC-20 provides access to a broader user base, potentially leading to increased trading volume and liquidity for GORA.
• Enhanced utility: Users can now leverage GORA across a wider range of DeFi applications and services built on the EVM chain.
• Trading opportunities: By becoming an ERC-20 token, the GORA token gains access to a broader pool of liquidity on Ethereum-based decentralized exchanges (DEXs) and liquidity pools. This increased liquidity enhances the trading experience for GORA token holders, providing them with greater flexibility and efficiency in executing trades and managing their portfolios.

A stepping stone for growth

The integration of the GORA token as an ERC-20 asset underscores Gora Network’s commitment to innovation and growth within the decentralized finance landscape. By embracing interoperability and expanding its presence across multiple blockchain networks, Gora Network is poised to unlock new opportunities for decentralized applications, developers, and users worldwide.

This paves the way for GORA integration into a myriad of decentralized applications (DApps) and smart contracts deployed on the Ethereum blockchain. Developers and projects within the Ethereum ecosystem will leverage the power of Gora Network’s oracle solutions and decentralized data feeds, powered by the GORA token, to enhance the security, reliability, and functionality of their applications.

“The launch of GORA on ERC-20 marks a significant milestone for Gora Network, opening doors to a broader ecosystem of DeFi innovation and interoperability. This integration not only enhances accessibility but also solidifies our commitment to democratizing access to reliable data feeds across multiple blockchain platforms, said Abdul Osman, CEO and Founder of Gora Network.”

The launch of GORA on ERC-20 marks a pivotal moment in Gora Network’s journey. It signifies not only the expansion of its reach but also the unwavering commitment to building a future-proof oracle infrastructure for the ever-evolving DeFi landscape. By fostering interoperability, embracing innovation, and empowering developers, Gora Network is poised to play a vital role in shaping a more secure and accessible DeFi future.

Empowering developers: Unveiling new tools and resources

Gora Network remains dedicated to supporting developers in building the next generation of DeFi applications. As part of this commitment, Gora is releasing a comprehensive set of developer tools, including solidity code examples for data requests and off-chain computations. These resources will simplify the integration of Gora’s oracles into dApps built on the Ethereum ecosystem, ensuring a seamless and efficient development experience.

Beyond its EVM expansion, Gora Network is actively exploring the potential of Machine Learning (ML) and Artificial Intelligence (AI) to bolster the security and reliability of its oracle solutions. By embracing AI/ML, Gora aims to push the boundaries of oracle technology and contribute to the creation of a more secure and trustworthy DeFi ecosystem.

About Gora Network

Gora Network is a multichain oracle network built on Algorand, providing secure and reliable data feeds for DeFi applications. Gora leverages innovative cryptographic techniques and a decentralized oracle network to ensure data integrity and uptime. Through its GORA token, Gora empowers its community to participate in network security, governance and benefit from its growth.

Join the Gora community

For detailed updates regarding the deployment of the GORA token on ERC-20, ( listing, DEXs, CEXs, etc ) , stay tuned to Gora’s social media channels and community forums for the latest news and announcements.

Website: www.gora.io
Twitter: https://twitter.com/GoraNetwork
Discord: https://discord.com/invite/Pe8rwyPvKp
Medium: https://goranetwork.medium.com/
Telegram: https://t.me/GoraNetwork

In partnership with Nirvana Cloud, Xai Foundation today announced the public launch of Xai RPC nodes to support Xai, the gaming blockchain that will enable real economies in the next generation of gaming. The Xai Foundation has deployed mainnet RPC nodes on Nirvana Cloud, which are available for developers via the Nirvana Labs developer platform.

Available today, the RPC nodes are deployed in five of Nirvana Cloud’s global regions including North America, Central Europe, Central Asia, and Southeast Asia. With Xai deploying on Nirvana Cloud’s global bare metal cloud in five distinct regions, users are guaranteed the strongest uptime, lowest latency, and lowest cost per requests (CPR) for their blockchain data needs. Current Xai ecosystem partners and builders including Camelot DEX, Dora, Goldsky, and Supra Oracles are operational on the nodes.

Soby, a core contributor to Xai, commented on today’s news: “This collaboration ensures that game developers building on Xai have access to the most reliable and cost-effective infrastructure needed to power their games. Nirvana Cloud’s global reach and bare metal technology guarantee the low latency and high uptime crucial for a seamless gaming experience. This is a significant step forward in empowering developers and fostering a thriving ecosystem for the future of blockchain-native gaming.”

The Xai nodes have been launched on bare metal deployment, with improved cost, global distribution, speed, and reliability for Xai game developers, delivering a better user experience for their end users. Nirvana RPC nodes deliver creators powerful tools such as auto-scaling and provisioning of cloud resources to handle the most demanding web3 use cases, as well as auto-routing to the nearest node, so developers can focus solely on the projects they are building.

Dan Burke, CEO of Nirvana Labs, added: “Nirvana and Xai are coming together to solve a critical component of next-gen gaming with the newest in web3 tooling. We are ushering in a new era of blockchain infrastructure and usability with the latest in layer 3 scalability and cutting edge web3 cloud computing to bring high performance and cost optimized cloud infrastructure to the gaming industry. We are proud today to be first to market with Xai mainnet nodes deployed globally on Nirvana’s bare metal cloud.”

Nirvana Labs, by utilizing its own proprietary bare metal cloud purpose built for web3 workloads, differentiates itself in three core areas versus traditional web2 providers and blockchain infrastructure providers reliant on web2 cloud providers: scalability and cost management, availability and latency, and through the comprehensive support and resources provided to clients.

Tailored specifically for gaming, the Xai blockchain offers traditional gamers an abstracted wallet and account experience, provides developers with increased gas and contract limits, and establishes a fully decentralized ecosystem that fosters trust and transparency for all participants.

About Xai Games

Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

About Nirvana Cloud

Nirvana Cloud is purpose built for the distinct workload characteristics of web3, emphasizing high CPU clock speeds, low RAM latency, and low storage latency which are starkly different from conventional web2 general-purpose tasks. Nirvana’s cloud architecture is built with key objectives and metrics desirable for web3 firms: low latency and high throughput, resource cost optimization, CPU / RAM scalability and customizations, resilience and reliability, security and privacy, governance and sovereignty, and web3 focused tooling and customer support.

Royal Finance Coin (RFC) has announced the commencement of the pre-sale of its much-awaited token, offering early investors a chance to join the project at a favorable entry point. The brainchild of financial experts from the crypto industry, the RFC token is strategically positioned for high growth, backed by tangible assets, and committed to sustainability, making it a pioneering investment opportunity.

Post-pre-sale, RFC vows to reinvest in state-of-the-art crypto mining machines housed within Aruba.it’s premier data centers, exclusively powered by renewable energy sources. This initiative underscores RFC’s pledge to sustainable mining practices, ensuring a greener future for digital finance.

RFC’s strategic investment insights project significant asset generation, with each mining machine capable of producing cryptocurrency worth one Bitcoin monthly. This deliberate injection of value enhances RFC’s token worth, fostering steady appreciation in the market.

Mined cryptocurrency is reinvested into RFC’s liquidity pool, bolstering token stability and growth. This strategic move not only ensures continuous asset backing but also drives value and stability in the cryptocurrency market.

RFC offers a staking program for token holders, providing competitive Annual Percentage Yields (APY) and monthly rewards. This initiative fosters community engagement, contributing to RFC’s ecosystem stability and growth.

RFC announces plans to establish an international hub in Dubai, marking a significant milestone in its global expansion journey. Details of this venture will be unveiled in due course, reflecting RFC’s ambition to solidify its presence in the global market.

RFC’s innovative solution aims to replace traditional mining farms with a decentralized, low-energy-impact system, ensuring sustainability and cost-effectiveness.

Through local cluster nodes, RFC intelligently connects to primary pool services, optimizing hash accumulation and reducing electricity consumption.

RFC’s roadmap outlines strategic milestones, including the pre-sale, public sale, mining operations kick-off, and setting up an international hub in Dubai, paving the way for exponential growth and market expansion.

With yearly revenue goals of $6 million to $7.2 million from mining operations and market cap milestones aiming for exponential growth, RFC promises lucrative returns and sustainable growth prospects.

Royal Finance Coin (RFC) epitomizes the fusion of technology, sustainability, and investment opportunity, offering a compelling case for investors seeking long-term value growth and environmental responsibility.

Join RFC’s journey at https://rfcofficial.io and become part of a revolution in digital finance.

To learn more, read the whitepaper at: https://whitepaper.rfcofficial.io/

Join the conversation at:
Telegram: https://t.me/+bnQiqbu07zI4ZWQ0
X (formely Twitter): https://twitter.com/rfcoinofficial
Instagram: https://www.instagram.com/rfccoinofficial

MetaComp Pte Ltd, a leading Monetary Authority of Singapore (MAS) licensed Singapore fintech company that specializes in blockchain technology and digital assets, and its affiliates (collectively referred as MetaComp), is proud to announce a strategic partnership with Harvest Global Investments Limited (HGI), a leading asset management company licensed with the Securities and Futures Commission of Hong Kong. HGI is among the pioneering Chinese asset management firms to establish subsidiaries abroad. The Memorandum of Understanding executed between MetaComp and HGI marks a significant step towards potentially broadening the accessibility of innovative financial products globally with special emphasis on the recently announced cryptocurrency spot ETFs which will be expected to start trading on the Hong Kong Stock Exchange from 30 April 2024 onwards. This follows the announcement by HGI that they have received authorization from Hong Kong’s Securities and Futures Commission to launch the highly anticipated cryptocurrency ETFs.

The core of the partnership revolves around MetaComp and its affiliates’ commitment to make HGI’s cryptocurrency spot ETFs available, through MetaComp’s proprietary Client Assets Management Platform, also known as CAMP by MetaComp, utilizing its technological and market expertise to introduce these products under the appropriate regulatory framework to Singapore investors and beyond. This initiative not only aims to expand the global footprint of HGI’s ETFs but also allows MetaComp and its affiliate to enrich its wealth solution portfolio with highly sought-after financial products.

In addition to the crypto-ETF distribution, the collaboration will also explore opportunities for the integration of HGI’s various asset management solutions into MetaComp’s service offerings. MetaComp will also provide HGI access to its Digital Payment Token suite of services. Through the strategic collaborative efforts by both companies, they are hoping to forge a symbiotic relationship that will allow both companies to leverage on their strengths.

The alignment with HGI allows MetaComp to tap into the scale and expertise of a leading global financial player, significantly enhancing its service capabilities and market reach. This partnership is designed to serve not just the existing clientele of both entities but also to capture new segments eager for advanced financial solutions across traditional finance and crypto finance.

Dr Bo Bai, Chairman and Co-Founder of MetaComp shared: “This strategic alliance with Harvest Global Investments Limited reaffirms MetaComp’s commitment to being the bridge that links traditional finance with crypto finance. We are confident that our partnership with Harvest Global Investments Limited will prove to be mutually beneficial. With Harvest’s expertise in asset management and MetaComp’s robust capabilities in providing a comprehensive suite of digital payment solutions, we are poised to deliver unparalleled value to our clients and the market.”

For more detailed information on this partnership and to stay updated on future developments, please visit www.mce.sg.

About MetaComp Pte Ltd (www.mce.sg)

MetaComp is a leading Singapore-based digital asset platform that is licensed and regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. Operating under a P2B2C (platform-to-business, partners-to-clients) model, MetaComp provides an integrated end-to-end suite of services to its clients, empowering them to confidently enter the digital asset market with the much-needed safety, security, and compliance. Together with its parent company, Metaverse Green Exchange Pte. Ltd. (a MAS-licensed CMS holder permitted to carry out, inter alia, brokerage and custody services), MetaComp introduces its suite of services through CAMP by MetaComp, a regulated Client Assets Management Platform, allowing businesses to develop and scale their digital asset offerings through OTC and exchange trading services, fiat payment, digital asset custody and prime brokerage.

The world’s first AI trading bot designed to revolutionize the financial markets is now available. Nexus AI combines cutting-edge AI algorithms with advanced quantum computing capabilities to deliver unparalleled speed, accuracy, and profitability.

The launch of Nexus AI marks a significant milestone in the evolution of AI-driven trading technology. With traditional trading methods becoming increasingly outdated in today’s fast-paced markets, Nexus AI offers investors a revolutionary solution to stay ahead of the curve and maximize their investment returns.

The Nexus AI Trading software is simple to understand and intuitive, allowing traders to make trades using fully automated AI software without any complexities. By leveraging the power of cutting-edge technology and advanced algorithms, Nexus AI is powered by state-of-the-art AI algorithms that analyze market trends, patterns, and correlations with unparalleled accuracy. These advanced algorithms enable Nexus AI to make informed trading decisions based on real-time data, helping investors achieve outstanding returns.

As the world’s first AI trading bot, Nexus AI is at the forefront of a new era in investment technology. By combining the latest advancements in AI and quantum computing, Nexus AI offers investors a glimpse into the future of trading, where speed, precision, and adaptability are paramount. The future of trading is here, and it’s powered by Nexus AI.

The software enables investors to execute trades with unparalleled accuracy and efficiency by harnessing advanced AI algorithms and real-time market analysis – with Nexus AI, every trade is based on data-driven insights and objective research, giving you the confidence to make informed decisions and maximize your investment returns while minimizing risk.

In today’s fast-paced markets, staying ahead of the curve is essential for success. By continuously monitoring market conditions, analyzing trends, and identifying emerging opportunities, Nexus AI keeps investors one step ahead of the game. Whether you’re a seasoned trader or just starting, Nexus AI gives you the edge you need to stay ahead of the curve and thrive in today’s competitive financial landscape.

Nexus AI prioritizes the security of investors’ assets with robust encryption protocols and secure authentication mechanisms. Investors can trade with confidence, knowing that their funds are protected against cyber threats and hacking attacks.

Investors can achieve long-term goals with Nexus AI by taking control of their financial future. Whether you’re looking to build wealth, secure your retirement, or simply grow your investment portfolio, the software provides all the tools and resources you need to succeed in today’s dynamic markets. With Nexus AI, investors can embark on a journey toward financial freedom like never before.

“We are thrilled to introduce Nexus AI to the world,” said Andrew Fischer, CEO of Nexus AI Trading. “With its unparalleled scalability, accuracy, and adaptability, Nexus AI represents a game-changing innovation in the field of AI-driven trading technology. We believe that Nexus AI will empower investors to achieve their financial goals with confidence and ease.”

Nexus AI is now available for investors worldwide. To learn more about Nexus AI and start trading with the world’s first AI trading bot, visit Nexus AI today.

Website: https://ainexusbot.com/

XION, the first blockchain purpose-built for mainstream adoption, today launched its user-friendly Chain Abstraction solution. XION’s Chain Abstraction combines XION’s ease-of-use with seamless composability of users, apps, and liquidity across connected blockchains, beginning today with Injective.

XION aims to make Web3 easier to navigate for all users by abstracting away its inherent complexities. Through familiar Web2 methods like email, users can seamlessly interact with XION applications across all devices, including desktop and mobile. Users can also enjoy a frictionless experience reminiscent of traditional Web2 platforms without the concerns associated with blockchain technology, such as gas fees. Today’s Chain Abstraction launch serves as an extension of these functionalities to other connected blockchain ecosystems.

“Just like the internet, users shouldn’t need to know which infrastructure applications they are using are built on. All that matters is that it works,” said Burnt Banksy, a core contributor to XION. He added, “We’re proud to launch Chain Abstraction as it vastly accelerates XION’s impact in making Web3 accessible to all users.”

Previously, cross-chain usability has been notoriously difficult for users to navigate and has resulted in fragmentation across ecosystems. However, with Chain Abstraction, XION aims to reshape the historically competitive nature of L1s – who typically fight for users, liquidity, and developers – to enable mainstream adoption. Through the inaugural integration with Injective, users can utilize Talis with their XION account, without needing to grapple with complexities such as cross-chain bridging, browser plugins, seed phrases, gas fees, and transaction signing.

XION will progressively roll out its user-friendly Chain Abstraction to many more ecosystems. Interested users can try XION’s Chain Abstraction on testnet today.

About XION

XION is the first layer one blockchain purpose-built for consumer adoption through crypto abstraction. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION enables secure, intuitive, and seamless user experiences. The project has previously raised over $32M from top-tier investors, including Animoca, Circle Ventures, Multicoin, Draper Dragon, Spartan, and more.

To learn more about XION, follow @burnt_xion on Twitter, or visit xion.burnt.com.