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.

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.

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.

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.

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.

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.

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/

The Core Foundation, a group dedicated to sponsoring ecosystem development on Core’s Bitcoin-powered blockchain, has announced LstBTC, an ERC-20 liquid staking token pegged 1:1 with Bitcoin (BTC). This innovation enables BTC holders to earn daily rewards in CORE tokens while maintaining the liquidity of their Bitcoin—a solution to the longstanding challenge of choosing between staking and liquidity in the DeFi space.

Addressing the Liquidity Challenge

For Bitcoin holders, the choice between staking their assets for rewards and keeping them liquid for DeFi participation has always been a difficult one. Traditional BTC staking often requires locking up assets, making them unavailable for other uses. LstBTC eliminates this trade-off by preserving Bitcoin’s value while offering the benefits of staking. Holders can now keep their BTC liquid and participate fully in the evolving BTCfi ecosystem.

How LstBTC Works

Each LstBTC token is fully pegged to one BTC, ensuring that its value remains stable. Unlike standard staking, LstBTC allows holders to retain full liquidity, meaning their Bitcoin can still be used for lending, transferring and swapping like any other ERC-20 token. This flexibility is a game-changer for those who want to maximize their returns without compromising their ability to engage in DeFi activities.

Enhanced Security with Multisig Setup

LstBTC is issued on the Core blockchain and features a Multisig setup on the Bitcoin network. While this requires a slight increase in trust, the Multisig setup is managed by reputable entities, a practice widely adopted in many established protocols. The Multisig wallets undergo rigorous security audits, ensuring that users’ assets are well-protected, while still allowing them to benefit from the liquidity and rewards offered by LstBTC.

Expanding the BTCfi Ecosystem

LstBTC will further expand Core’s already comprehensive BTCfi ecosystem, which includes lending, borrowing, restaking, DEXs, perpetual futures, and NFT platforms. By bridging the gap between staking and liquidity, LstBTC offers BTC holders greater flexibility in managing their assets.

“Bitcoin holders have long faced a difficult choice between staking their assets and keeping them liquid for participation in the DeFi ecosystem,” said Rich Rines, Initial Contributor at Core. “LstBTC changes that by allowing users to earn staking rewards in Core while keeping their Bitcoin liquid and active in the ecosystem.”

A Solution That Meets Market Needs

LstBTC is designed for BTC holders who want to maintain their asset liquidity while still earning staking rewards. The Multisig wallet setup, backed by reputable entities and rigorous audits, ensures that security is not compromised, making LstBTC a reliable choice for those looking to engage more fully in the BTCfi ecosystem.

See more on LstBTC in this explainer video: https://youtu.be/ipyT_ih_G-g?si=nUs8HlMBct_J1Dbq. For more information about the Core Foundation and Core blockchain, please visit https://coredao.org.

About Core

Core serves as the Proof of Stake layer for Bitcoin as the first enabler of Non-Custodial Bitcoin Staking, which secures a fully EVM-compatible BTCfi ecosystem. Since April 2024, over 5,000 BTC valued at more than $300 million have been staked with Core, enhancing Bitcoin’s utility and security.

Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security. This breakthrough has amassed millions of Core adopters – over 20M unique addresses, 275M+ transactions, and over 295M TVL since its mainnet launch in January 2023.

NeoSwap AI, a leader in blockchain-based economic efficiency tools, today announced its rebranding as Tulle. This move sharpens the company’s focus on innovative liquidity solutions for low-volume cryptocurrency markets, particularly on the Solana and Bitcoin networks.

Tulle leverages an innovative technology stack that combines complex intent capture, prediction models, and advanced trade-finding algorithms to facilitate multi-party swaps. This approach boosts trading volumes in low-liquidity environments, significantly improving market efficiency.

“Rebranding to Tulle marks our commitment to solving the crypto industry’s most pressing liquidity challenges,” said Dr. John Ennis, CEO of Tulle. “Our platform empowers partners and contributes to the overall growth and stability of the Solana and Bitcoin ecosystems.”

To support its partners, Tulle offers TulleKit, a comprehensive SDK for easy integration of its liquidity solutions. Notable partners that have benefitted from Tulle’s technology include Star Atlas, Genopets, Baxus, and Bitcoin Machines.

Tzvi Wiesel, co-founder of Baxus, highlighted the impact: “Tulle’s solution addresses key challenges in global secondary market deal-making, enhancing liquidity in the wine and whisky markets. We’re thrilled to offer these benefits to our users through our partnership.”

Tulle previously secured $3 million in pre-seed funding led by Digital Asset Capital Management (DACM), with participation from AngelHub, Sora Ventures, Avid3, and others. Tulle plans to commence a new funding round shortly, further fueling its growth and innovation in the blockchain space.

Richard Galvin, Co-Founder and CEO of DACM, commented: “Tulle’s novel approach to enhancing liquidity has applications far beyond its initial focus on NFTs. We see potential for this technology to revolutionize liquidity provision across the entire spectrum of digital assets.”

For more information about Tulle and its services, please visit https://www.tulle.ai/

About Tulle:

Tulle is redefining liquidity in the blockchain space, addressing today’s challenges while shaping the future of decentralized finance. By bridging the gap between emerging projects and robust market activity, Tulle aims to create a more fluid, efficient, and accessible economic ecosystem for all.

Scannit, a pioneer in digital financial identities, has announced the open beta launch of its innovative financial management app as part of the upcoming Token 2049 event in Singapore from Sept. 18, 2024. The Scannit app helps users track spending while rewarding them with SCAN tokens for their data contributions, fostering a new data economy.

The app launch comes on the heels of Scannit’s acceptance into the IoTeX Accelerator Cohort and its certification as a Google Web3 Startup. These affiliations provide Scannit with strategic guidance, technical support, access to cutting-edge resources, and a global network —enhancing its credibility and capacity to innovate in the rapidly evolving Web3 landscape. With a 7-figure funding round recently closed, Scannit is well-positioned for rapid growth and global expansion.

The Scannit app enables users to have full transparency and control over their financial data, allowing them to decide who has access to their data at any given time. The app reduces manual financial tracking efforts through automation. Users are rewarded with SCAN tokens for sharing their data, creating an active and incentivized participation in the value chain.

The open beta launch in Singapore is the first step in Scannit’s plan to onboard at least 10,000 users during the beta phase and achieve a target of 100,000 users by the end of the first quarter post-launch.

“Our innovative app is redefining the relationship between consumers and their data. With Scannit, users don’t just manage their finances—they own their data and earn from it,” said Karl Nowak, CEO and Founder of Scannit, adding: “We want to give back that power to the users. So, it should be your choice to give away that data if you want to. And if you do, you should get proper compensation for it.”

Looking ahead, Scannit plans to introduce AI-driven financial advice tools to further assist users with their spending habits, enhancing user experience and engagement. The company is also working on onboarding additional partners to expand its ecosystem, targeting diverse user personas while upholding its core promise of full data ownership for users.

Users interested in experiencing the future of financial management can join Scannit’s waiting list for the open beta launch slated for Token 2049.

About Scannit

Scannit is a pioneering technology company headquartered in Atlanta, Georgia, revolutionizing digital financial identities. Its “Scan to Earn” model rewards users for scanning receipts and verifying transactions, turning everyday spending into valuable rewards. Scannit enables businesses to ethically and authentically access valuable data insights while respecting user privacy and consent, driving a fair and transparent data economy.

For more information, visit www.scannit.io.