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Aptos Ecosystem Summit Marks Historic Global Gathering for Web3 Innovation and Collaboration

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First-of-its-kind summit, hosted by Aptos Foundation, featured dedicated sessions with Aptos’ contributors, along with insights from 50+ builders, supporters, and investors from across the Aptos ecosystem

The Aptos Ecosystem Summit, a first-of-its-kind event hosted by Aptos Foundation and aimed at uplifting the Aptos ecosystem held in January, drew a remarkable attendance of Aptos ecosystem projects, protocols, builders, and investors.

The week-long event built around setting up Aptos Ecosystem projects, protocols, and builders for success highlighted achievements, unveiled news, and delivered best practices offered by 15+ countries, 32 projects, and 50+ investors from 26 firms. On the sidelines of the agenda, 122 one on one conversations took place. These 1:1 interactions between Ecosystem leaders and Aptos Foundation representatives allowed for in-depth discussions, hands-on support, and the sharing of specific insights related to engineering, marketing, product development, legal, and more.

Close to 75% of attendees flew in from outside of the United States for hands-on, full-service, and in-person go-to-market support; underscoring the global impact and reach of the Aptos ecosystem. In all, attendees spent a total of 580+ hours collectively in transit to partake in this monumental and global gathering. The international representation not only highlighted the ecosystem’s global influence but also emphasized the Ecosystem Summit’s significance as a platform for showcasing technical collaboration and innovation made possible by Move on Aptos on a global scale.

The momentum showcased during the Ecosystem Summit was evident on-chain as well. According to data from Flipside Crypto, the highest number of active users on Aptos (178K) was achieved on January 24th—coinciding with the Ecosystem Summit taking place.

In addition to ecosystem leaders and representatives, the summit program included sessions run by 30+ leaders representing Aptos Foundation. This type of engagement underscored the Aptos Foundation’s commitment to providing comprehensive support and resources for the development and growth of projects within the Aptos ecosystem.

In addition to sessions and meetups, attendees took Aptos Foundation representatives’ up on their offers to chat through everything Move, Aptos, and GTM (product, marketing, design, etc.).

Bashar Lazaar, Head of Grants & Ecosystem, Aptos Foundation, reflected: “The Aptos Foundation team’s planning efforts were instantly validated by both the spirited participation from ecosystem projects, builders, and investors, as well as record engagement numbers coming out of January’s event showcasing momentum that will take us through 2024 and beyond.”

Reflecting on the success of the summit, Alix Musset, Ecosystem Lead, Aptos Labs, stated, “The Aptos Ecosystem offers several examples of successful Web3 applications and data integrations across industries from finance to gaming to entertainment to social media to commerce. It’s clearer than ever that the future of the internet is being built on Aptos.”

About Aptos Foundation

Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. Learn more at: https://www.aptosfoundation.org.

About Aptos Network

Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards.

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Messari’s New Report Recognizes Nervos CKB as a Game-Changer for Bitcoin’s Scalability and Programmability

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In a groundbreaking analysis, leading cryptocurrency research firm Messari has published a comprehensive overview of the Nervos Network (CKB), spotlighting its pivotal role in enhancing Bitcoin’s technological framework. The report details how Nervos leverages its innovative Layer-1 blockchain and RGB++ protocol to address critical scalability and programmability challenges within the Bitcoin ecosystem.

According to the report, Nervos Network not only expands on Bitcoin’s fundamental technologies but also introduces significant improvements with its Cell Model and CKB-VM. These advancements facilitate more complex applications and transactions on the blockchain without sacrificing the core principles of decentralization and security.

Messari’s research further highlights the RGB++ protocol, an evolution of the original RGB protocol that enables smart contracts and asset issuance directly on Bitcoin’s blockchain. Since its implementation, the RGB++ protocol has driven a notable increase in network activity, including an 181% month-over-month growth in new addresses this April, demonstrating the community’s strong reception and the protocol’s impact.

The integration of payment channels with the Lightning Network is also underway, which promises to make the Nervos Network more scalable and versatile for various blockchain applications. This development is poised to further cement CKB’s position as an essential layer for Bitcoin’s operation and accessibility.

“Messari’s report reaffirms our belief in the Nervos CKB’s Bitcoin-native approach to solving long-standing issues in the Bitcoin space,” said Baiyu, CKB Eco Fund Lead. “As we continue to innovate and expand our ecosystem, this recognition underscores the significant potential of CKB to support Bitcoin’s evolution into a more robust and versatile blockchain platform.”

The complete report by Messari not only sheds light on the technical merits of the Nervos Network but also positions it as a formidable contender in the blockchain space, capable of driving future innovations and increasing the overall utility of Bitcoin.

For more information and to access the full report, users can visit https://messari.io/report/understanding-nervos-network .

About Nervos CKB:

CKB is the first fully BTC-isomorphic L2 (PoW+UTXO), offering a more decentralized, secure, and Bitcoin-compatible L2 solution.

CKB scales Bitcoin’s programmability and interoperability with RGB++ protocol, which maps Bitcoin UTXOs to CKB Cells, enabling the seamless transfer of Bitcoin L1 UTXO-based assets such as Ordinals, Atomicals, and Taproot, to CKB without any cross-chain bridge and vice versa. UTXO Stack, a Bitcoin L2 “OP Stack” secured by CKB and powered by RGB++, enables high-performance parallel chains, offering near-unlimited scalability without compromising security. CKB Lightning Network will connect with Bitcoin’s Lightning Network, facilitating a bi-directional, censorship-resistant, permissionless and trustless flow of assets between the two networks.

CKB mainnet launched in Nov. 2019 and completed its first mining reward halving in Nov. 2023.

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Altcoins

Undeads Games launches $50M paired staking

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In a groundbreaking development, Undeads Games has commenced a $50M Paired Staking initiative alongside a staggering $2M airdrop, setting a new standard in the blockchain gaming community. This new staking model is already live and introduces enhanced rewards and deeper engagement opportunities for the game’s enthusiastic player base.

Empowering the community with paired staking

Undeads Games is pioneering an exciting staking system where players can pair their UDS tokens with exclusive Undeads Zombie NFTs to maximize their earnings. By locking in UDS tokens for periods ranging from 1- 24 months, participants can earn up to an impressive 50% APR. The rewards potential escalates with the rarity of the NFT paired, offering up to 80% enhanced shares of the rewards pool.

Seamless integration and user-centric design

The Paired Staking program is designed to be accessible and user-friendly, allowing community members to easily select their desired staking period and rewards via a dedicated dashboard. Once the staking period concludes, tokens along with accrued rewards are immediately unlocked and returned to the user, ensuring transparency and reliability through a comprehensive system that not only gives significant returns but simultaneously builds trust among the community.

Celebrating community commitment with $2M UDS airdrop

Undeads Games also distributed its ground-breaking airdrop of 2,500,000 UDS tokens. This huge airdrop – part of a four-year initiative – rewards Undeads Zombies NFT holders annually, scaling the distribution according to the rarity of each holder’s NFT. This approach not only enhances the value of holders’ digital assets but also solidifies their investment in the evolving game ecosystem.

Strengthening player trust and engagement

This airdrop underscores Undeads Games’ dedication to its vibrant community of gamers and NFT enthusiasts. By intertwining substantial rewards with player involvement—through social media airdrops, the Viral Game, and play-to-earn opportunities—Undeads Games aims to foster a rewarding environment that acknowledges and compensates its most committed players, and by extension further deepen their engagement with the platform.

Understanding the offering

The Paired Staking system has been designed by the Undeads’ team to reward the trust and commitment of avid enthusiasts within the community. By choosing to participate, users agree to lock their assets for the specified period, and this commitment is irreversible until the unlock date – underscoring the significant trust users place in the project, and ultimately rewarding this trust in turn.

As such the staking mechanism stands as a testament to the committed partnership between Undeads Games and the community, ensuring that their most loyal supporters – who understand the project and actively engage with the platform – receive the maximum benefits from their investments. In an industry full of projects that simply see their investors as a means to increase their own revenue and status, this impressive offering represents a refreshing offering from a company already showing exceptional promise.

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Aptos Labs Announces Partnership with NBCU to Transform Fan Experiences with Web3 and Blockchain

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Multi-year agreement combines Aptos’ blockchain technology and Web3 onboarding guidance provided by Aptos Labs with NBCUniversal’s globally recognized media and entertainment brands

Aptos Labs today announced a long-term strategic development agreement with NBCUniversal aimed at revolutionizing fan experiences, loyalty and gaming through blockchain technology and Web3.

The agreement will explore integrating accessible blockchain technology and Web3 with NBCUniversal’s properties, connecting fandoms to the content that they love.

“We aim to deliver world-class, internet-grade blockchain products and solutions to the market,” said Mo Shaikh, co-founder & CEO of Aptos Labs. “We look forward to working with NBCUniversal and leveraging the Aptos blockchain to explore deepening fan relationships and delivering unique entertainment experiences.”

“Today’s media and entertainment landscape is rapidly changing, with fan experiences and preferences driving a lot more of those shifts than in previous eras,” said Greg Reed, Vice President of Technology Partnerships at Universal Pictures. “Our multi-year partnership with Aptos Labs will help us deepen our fan relationships so we can create and deliver more of the media and entertainment experiences our audiences crave.”

Aptos will expand on NBCUniversal’s previous initiatives that cultivated fan engagement using Web3 and blockchain technologies, including a digital scavenger hunt at Halloween Horror Nights at Universal Studios Hollywood and Universal Orlando Resort. Universal Pictures has also released several blockchain-enabled gaming experiences to promote their theatrical releases. This partnership will further explore Web3’s potential in fostering interconnected digital experiences across NBCUniversal’s platforms.

About Aptos Labs

Aptos Labs, co-founded by Mo Shaikh and Avery Ching, is dedicated to creating better network tooling and seamless usability to bring the benefits of decentralization to the masses. Having now raised over $400M, Aptos Labs is backed by top-flight investors, including a16z, Jump Crypto, Binance Labs, Dragonfly, PayPal Ventures, Andreessen Horowitz and Franklin Templeton Investments. For more information: https://aptoslabs.com/

About Aptos Network

Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards. Users can visit https://www.aptosfoundation.org for more information on the Aptos blockchain.

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Covalent Announces Airdrop Campaign Into Its Massive +225 Chain Ecosystem, Starting With Taiko and zkSync Participating Communities

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Covalent is excited to announce the launch of its new Covalent Ecosystem Airdrop Program as part of The New Dawn initiative, aimed at upgrading the network and further decentralizing its infrastructure for Long-Term Data Availability. The initiative focuses on improving infrastructure, optimizing staking mechanisms, and launching incentive campaigns to drive participation and growth. It also aims to reward CQT token holders who have staked for their unwavering support, participation and contributions to the Covalent ecosystem.

Covalent’s Ecosystem Airdrop Program

Covalent’s Ecosystem Airdrop Program is more than just a token distribution; it is a strategic effort to catalyze market dynamics and foster deeper engagement amongst participants of the Covalent community. Participants can access Covalent’s airdrop portal here, offering a glimpse into the eligibility criteria and potential rewards.

Long-Term Partnerships with Taiko and zkSync

As part of this initiative, Covalent reveals that the first shortlist of tokens is from long-term partners Taiko and zkSync. Covalent has been closely aligned with the projects since their testnet phases, collaborating to ensure seamless integration and mutual growth. Stay tuned for more updates as Covalent continues to expand and enhance this initiative, bringing more opportunities and rewards to the entire ecosystem.

How to Get Involved

Participating in the ecosystem airdrop is straightforward. Here’s how you can join in:

  1. Become a CQT Staker: To qualify for the airdrops, individuals must stake their CQT tokens. If you haven’t already done so, please refer to the comprehensive staking dashboard for a step-by-step guide on how to stake your tokens.
  2. Access the Airdrop Portal: Once you are a CQT staker, visit the Airdrop Portal to view the tokens you are eligible for based on your staking contributions.

By following these simple steps, participants can unlock additional utility and value through the airdrops, enhancing their participation and involvement in the Covalent ecosystem.

Overwhelming Demand For CQT Staking

In May 2024, the Covalent Network activated a governance proposal to increase the max multiplier due to the delegation room being full. Now, 99% of the delegation room is full once again. This level of demand has surpassed expectations, indicating a robust interest in Covalent’s staking program. To accommodate this demand, there are three tools available to introduce more delegation room, all of which require a governance process:

  1. Increase the Max Multiplier: Currently set at 34x, increasing this multiplier can provide more room for delegations.
  2. Onboard More Operators: This is an ongoing process to ensure the ecosystem remains decentralized and efficient.
  3. Allow Operators to Increase Self-Stake: Although not ideal during the bootstrap phase, this option is available for consideration.

Those who haven’t staked and are interested in participating in the ecosystem airdrops program campaign will be able to do so once more delegation room becomes available. Stay tuned for more updates.

Join the Excitement

The New Dawn Airdrop Campaign marks a pivotal moment for the Covalent Network and its community. By rewarding loyal supporters and network participants Covalent continues to pave the way for a robust and dynamic blockchain ecosystem.

About Covalent

Covalent is the leading modular data infrastructure layer that’s dedicated to solving major challenges in blockchain and AI. Covalent’s largest reservoir of structured, verifiable data augments decentralized training and inference, reducing the likelihood of manipulated or biased AI models. Additionally, Covalent’s Ethereum Wayback Machine ensures decentralized access to Ethereum’s transaction data, keeping it secure. Trusted by over 3,000 leading organizations, Covalent powers AI, DeFi, GameFi, and other use cases with unfettered access to on-chain data from over 225 blockchains and counting.

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Technologies

LibertAI Launches Decentralized AI Ecosystem Powered by Base, Prioritizing Privacy and Open-Source Development

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LibertAI’s Native Cryptocurrency Will Unlock Premium Features and Reward Its Developers and Users

LibertAI, the decentralized AI platform built on the Aleph.im decentralized cloud computing network, is excited to announce the integration of its native token on Coinbase’s Layer 2 blockchain, Base. LibertAI sets new standards for AI development and adoption by addressing core industry challenges through privacy prioritization, open-source development, and a robust decentralized infrastructure.

The AI landscape is dominated by monopolistic private companies, where issues like spying, bias, censorship, and data breaches are common. Developers are limited by the lack of transparency, flexibility and high costs associated with computational power.

“To compete with the large monopolistic companies dominating the AI industry, we need more awareness around AI privacy and the right foundations to enable this vision. It’s a big challenge that we’re undertaking, and by leveraging some of the most thriving ecosystems like Base by Coinbase, we hope to achieve this level of awareness with a mainstream audience”, said Jonathan Schemoul, lead contributor to LibertAI and co-founder of aleph.im.

AI Ecosystem Powered by Base, Coinbase’s Layer-2 and aleph.im computing DePIN

LibertAI first launched a chat app and APIs to offer offers an open-source and private alternative to ChatGPT and Meta AI; gathering over 1.7 million successful text completions on its LLMs.

LibertAI is now deploying a full-fledged ecosystem to enable open-source development of hybrid AI and Web3 applications, which includes:

  • AI Engine: The core network powering various AI functionalities with open-source models for creating personalized AI personas and native web3 applications. Thanks to its native crypto rails and programmability this AI engine can fully automate workflows, access computing power more easily and even empower AI agents to pay for their computing resources.
  • AI Agents Framework: Multiple personalized GPTs performing specific assigned tasks.
  • Confidential Inference: LibertAI ensures data is always encrypted and privately stored on distributed computing networks. The platform’s integration with Aleph.im computing DePIN secures the mapping and training of AI data, and offers distributed CPU and GPU fpr cost-effective AI. Aleph.im counts esteemed clients and partners like Ubisoft, Synaps, and Request Network.
  • $LTAI Token: Facilitates native payment rails and extended decentralized financial applications (DeFi). The $LTAI token deployed on Base, grants access to advanced models and features, a personalized knowledge base, tiered API plans, rewards for hardware provisioning and model improvements, and the deployment of agents on the network.

Future Use Cases for LibertAI

Key applications empowered by LibertAI’s unique Web3 capabilities include securely processing private data for companies, provable AI decision-making for DAOs, AI-managed autonomous organizations, and creating NFTs with verified generative biographies for gaming.

LibertAI is deploying its native $LTAI token on Base, Coinbase’s Layer 2 network, to leverage its robust DeFi ecosystem. Base can support the automatic conversion of LibertAI into other tokens for payments, stablecoin conversion, and seamless payment flows using Superfluid. It also supports lending and borrowing of the LibertAI token, creating a self-sustaining economy for AI agents.

For more information, users can visit https://libertai.io/

About LibertAI

LibertAI a decentralized AI system, has the potential to be more secure, accessible, resilient, and efficient than a centralized system, while also reducing the risk of bias and protecting the privacy of users.Libertai large language models are running on a set of technologies such as IPFS in combination with aleph.im. It effectively runs on a fully decentralized, uncensored, secure and resilient computing network that is practically unstoppable.

About Aleph.im

Aleph.im is a decentralized physical infrastructure redefining data management and computing in the blockchain ecosystem. It ensures operational resilience for applications, particularly in AI, DeFi, and gaming industries. Aleph.im works with Ubisoft, Solana, Request Finance. Since 2020, its marketplace has provided scalable, high-performance Instances and Micro-Virtual Machines resources on several networks such as Ethereum (and its L2s), Avalanche Solana, Cosmos or Tezos.

Web: https://aleph.im
Twitter: https://twitter.com/aleph_im

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Technologies

Electrocoin Launches Its New Cryptocurrency Exchange Platform, Electrocoin Trade

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One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched their new cryptocurrency exchange platform called Electrocoin Trade, providing services for natural and legal clients in the EU.

The platform includes two core services – cryptocurrency exchange and trading service without prior registration to the platform, and cryptocurrency exchange and trading service for registered users. This way, and following the recent regulatory development in the area of crypto regulation, Electrocoin introduced the new custodial model to their service, allowing them to act as a custodian for the assets clients chose to hold on their Electrocoin Trade accounts. By registering with Electrocoin Trade, users get to entrust their cryptocurrencies for safekeeping to a highly regulated platform, as they also get access to additional trading and user experience benefits such as lower trading fees and cryptocurrency portfolio monitoring.

Regardless of the new service, Electrocoin decided to keep the old service as well – any adult citizen in the EU can buy, sell, or trade cryptocurrencies up to 1000 euros without verification or prior registration on the platform. This way, Electrocoin wanted to ensure their existing and future users had an option where they could still access crypto even if they would rather not register with the new platform. This service is possible due to regulatory approval for KYC-less money exchange under certain thresholds.

The platform supports cross-chain transfers and coin-to-coin swaps through a variety of protocols, including ERC-20, Polygon, BEP-20, and many more. Furthermore, with the release of the new platform, Electrocoin has also introduced one new service – paying bills with cryptocurrencies. Users of the platform can use their cryptocurrencies to settle any invoice that can be paid by bank transfer within the EU/SEPA zone. That being said, utility bills such as electricity, water, or internet, or even personal expenses such as vehicles or even real estate, can be paid with cryptocurrencies – as long as the payment recipient has a bank account number.

Electrocoin was founded back in 2014 and has since become an industry leader, introducing PayCek, a crypto payment processor, in 2018. and now the new cryptocurrency exchange platform. The company is committed to communication with the regulator and today, they count over 250,000 successful transactions, along with 24/7 available customer support with an average chat response time of one minute. Electrocoin Trade positions itself as a competitor to other top-tier European cryptocurrency exchanges, with the feature enabling the cryptocurrency exchange without prior identification specifically standing out.

Get started with crypto and visit Electrocoin Trade now!

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Kadena Announces Partnership with Lurk Lab to Build ZK Bridge

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Kadena, the world’s only scalable Proof of Work blockchain, announces a partnership with Lurk Lab to build out a Zero-Knowledge tech stack on the Kadena blockchain that will pave the way for provably secure cross-chain messaging.

Kadena and Lurk Lab are developing a robust ZK roadmap that includes a ZK bridge between Ethereum and Kadena. In total, there are two milestones that are expected to be accomplished in the second half of 2024, and a third milestone that will be completed later.

Given Lurk’s comprehensive and unique approach, John Wiegley, Kadena’s Chief Technology Officer, is excited about the robust capabilities being developed for ZKs on Kadena by Lurk Lab.

“We’re excited to work with Lurk Lab to integrate their zero-knowledge technology into Kadena, particularly for the impact it will have in enabling zero-knowledge cross-chain messaging,” said Wiegley.

John Burnham, Co-Founder and CEO of Lurk Lab, also shared in the enthusiasm for the partnership and bringing ZK to Kadena.

“It’s now generally accepted in Web3 that zero-knowledge cryptography is critical to building a world of fast, reliable, and interoperable blockchains, but what’s not yet as widely understood are the tremendous performance and safety advantages unlocked by defining zero-knowledge proofs – and blockchain infrastructure in general – using functional programming techniques. Kadena has long been a leader in this space, and we’re thrilled to be working together to achieve this shared vision of the functional future,” said Burnham.

About Kadena

Kadena offers the industry’s only Proof of Work Layer 1 blockchain that is infinitely scalable, secure, and decentralized. Its infrastructure-grade performance and impenetrable network empower users to develop high-value systems using Kadena’s security-focused smart contract language, Pact. Founded in 2017 by Stuart Popejoy and Will Martino, who previously created J.P. Morgan’s first blockchain and led the SEC’s Crypto Steering Committee, Kadena aims to drive widespread blockchain adoption by providing a Web3 platform for solving real-world problems for businesses. Explore more about Kadena at https://www.kadena.io.

About Lurk Lab

Lurk Lab builds tools that make provable computing fast, safe and easy. By combining zero-knowledge cryptography, formal verification and distributed consensus technologies, Lurk enables software to be as reliable and as powerful as mathematics without sacrificing performance.

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Azuro Steps Into AI Using Olas to Predict Sports Event Results

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Azuro, the leading liquidity layer for onchain predictions, is using Olas, the principal network for autonomous AI agents, to leverage their AI stack for the development of an autonomous agent capable of operating across the Azuro ecosystem.

Azuro is the frontrunner infrastructure layer for sport and entertainment prediction markets within EVM chains. Over 25 apps are operational on the protocol, with many others already in the works. Its innovative liquidity pool design, sophisticated tooling and oracle solutions allow apps to deploy without upfront investment or running costs, saving them valuable development resources that can be directed to user acquisition, engagement and monetization instead.

Transaction volumes on Azuro have been expanding consistently and rapidly over the past year, standing at $350+ million as of this writing, along with a protocol revenue in excess of $3M+, thus becoming the number 1 revenue-generating protocol on Polygon recently.

Olas, known for its composable stack that supports the development of autonomous services, provides a framework for building advanced autonomous agent technology. These AI agents, while running off-chain, are represented on-chain by smart contracts.

This union offers Olas AI technology the opportunity to access the fastest-growing prediction markets ecosystem. The Azuro AI agent will be capable of learning how to accurately predict outcomes of sports events. To maximize its learning, the agent will be retrofitted with data from Azuro markets. This AI agent, once operational, will be able to autonomously analyze, and operate in prediction markets on Azuro, enriching the ecosystem with data-driven insights and predictive capabilities for all participants.

“We are setting the basis for the development of AI agents that can effectively integrate and operate within the Azuro ecosystem. Long term, this integration could unleash a new era in market analysis and empower new applications for prediction markets beyond sports, such as political forecasting, and other entertainment events,” stated Rossen, core contributor at Azuro.

This is an exciting advancement for developers and users of Azuro prediction markets alike. Aside from the creation of the AI agent, Azuro will host a hackathon to provide tools and frameworks for the development of new autonomous agents and the expansion of use cases in prediction markets.

About Azuro

Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity solutions for EVM chains to host powerful prediction and gaming apps. With its unique infrastructure layer approach Azuro makes on-chain predictions and gaming portable and composable. It allows anyone to engage and monetize users by building apps, integrations, and products quickly, permissionlessly and with zero upfront or running costs.

For more information or press inquiries:

Website: https://azuro.org/
Docs: https://gem.azuro.org
Github: https://github.com/Azuro-protocol
Onchain activity: https://dune.com/azuro/stats

About Olas

Olas enables everyone to own a share of AI, specifically autonomous agent economies. Olas is a unified network of off-chain services – like automation, oracles, and co-owned AI. It offers a composable stack for building these services, and a protocol for incentivizing their creation. Olas enables operating these services in a co-owned and decentralized way.

For more information or press inquiries, users can visit:

Website: https://olas.network/
Docs: https://docs.autonolas.network/

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Pixelverse raises $5.5M from leading VCs to fund global expansion of Web3 gaming movement

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Pixelverse, the emerging entertainment studio and game ecosystem, has closed a funding round led by tier-1 VC funds and prominent founders from across the gaming and Web3 space. A total of $5.5M was raised to fund the growth of the Pixelverse gaming ecosystem that has attracted over 15 million users in less than its first month of operation.

Lead investors included Delphi Ventures, Merit Circle, Mechanism Capital. Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures also participated, along with angel investors including Sébastien Borget founder of The Sandbox, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon.

The venture round arrives at a time when Pixelverse is enjoying record growth. Its quest-based cyberpunk browser and Telegram games now have more than 15 million registered users and over 5M daily active users.

Pixelverse has emerged as a trailblazer in the Web3 gaming landscape, rapidly achieving mainstream adoption. Poised to become the first platform to transition 100 million Web2 gamers to its expansive Web3 ecosystem, Pixelverse is turning the notion of mass adoption from a mere meme into a tangible reality.

Kori Leon, COO of Pixelverse and former Binance Listing team, had this to say about the round: “Never in my time at Binance did I see a company with such strong adoption metrics in such a short space of time. Pixelverse is truly a game changer for web3 adoption and it’s incredible to see not only the growth in our userbase but also the deep connections and interactions formed within the community. Closing this round will allow us to expand our adoption strategy as we continue on our journey to become a leading gaming and entertainment hub not only in the web3 space but globally.”

Piers Kicks, founding partner of Delphi Ventures said: “We are pleased to be backing Pixelverse as they aggressively leverage Telegram’s distribution to drive a massive audience into their ecosystem. The team has a finger on the pulse of the market, and we’re excited to see what this in conjunction with community feedback brings as they deliver on their ambitious roadmap this year.”

Pixelverse has been instrumental in pioneering the Tap-to-Earn narrative that rewards regular engagement with fun web3 games and mini apps. It operates at the intersection of GameFi and SocialFi, with its Tap-to-Earn format causing it to be dubbed “the NotCoin of gaming.”

More than 10M battles are waged daily in Pixelverse’s Telegram mini app, called PixelTap. The browser-based Pixelverse realm, meanwhile, is set to be expanded further to encompass a universe replete with multiple mini-games and immersive storytelling thanks to the onboarding of world renowned art director and world builder with further details to be announced soon.

About Pixelverse

Pixelverse is a cyberpunk themed entertainment studio and game ecosystem that’s making web3 fun and accessible to the masses. Pixelverse aims to create a low-barrier entry game to onboard users into web3, offering true ownership of in-game assets and rewarding dedicated players, whilst creating an immersive gaming experience geared towards mass adoption and web2 gamers.

Learn more: https://pixelverse.xyz/

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Business

BloFin Exchange enhances compliance and security with Chainalysis

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BloFin Exchange, a leading cryptocurrency trading platform renowned for its robust security measures and user-centric innovations, is excited to announce its integration with the Chainalysis blockchain data platform. This development is pivotal in enhancing the exchange’s compliance capabilities and safeguarding the assets of its global user base. Currently, BloFin offers up to 320 contract trading pairs and 100 spot trading services, achieving a hundredfold growth compared to 2023.

As part of its commitment to providing a safe and compliant trading environment, BloFin is implementing the Chainalysis crypto risk solution, enabling BloFin to monitor cryptocurrency transactions in real time, ensuring compliance with regulatory requirements and combating financial crime.

“We are thrilled about our collaboration with Chainalysis, which significantly enhances our platform’s security and compliance. In the crypto field, blockchain analytics is one of the most effective tools to prevent money laundering, and Chainalysis’ blockchain data platform is trusted by governments across the globe. At BloFin, we have always prioritized the security of our users’ assets. Our decision to collaborate with Chainalysis early in our development demonstrates our commitment to anti-money laundering. Integrating the Chainalysis crypto risk solution reinforces our commitment to these priorities. We are confident this collaboration will strengthen our ability to protect our community and set new standards for safety and trust in the cryptocurrency space. – Matt, BloFin CEO.”

BloFin has consistently been at the forefront of the crypto market due to its pioneering approach to product features and user experience. With a user-friendly interface and a suite of innovative trading tools, BloFin caters to the needs of both novice and experienced traders. Utilizing Chainalysis crypto risk solution further underscores BloFin’s dedication to regulatory compliance and operational transparency.

This integration aligns with BloFin’s strategic vision to utilize cutting-edge technologies that enhance user trust and security. By leveraging Chainalysis’ comprehensive blockchain analysis tools, BloFin can more efficiently identify potentially risky transactions, thereby protecting its community and contributing to the overall safety of the cryptocurrency ecosystem.

For more information about BloFin Exchange and its services, please visit https://blofin.com/.

About BloFin Exchange

BloFin is a global cryptocurrency exchange that offers a secure platform for trading various digital assets. The fastest-growing crypto exchange offers premium perpetual and futures trading services with over 320 USDT-M trading pairs, covering Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and various altcoins, along with up to 150X leverage. Seamlessly transition between our mobile app and web platform for uninterrupted trading, even on the go.

BloFin official website: https://www.blofin.com
Join BloFin’s account: https://www.blofin.com/register
BloFin Twitter: https://x.com/Blofin_Official

About Chainalysis

Chainalysis is a blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Our data powers investigation, compliance, and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases and grow consumer access to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Coatue, GIC, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com.

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