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A Deep Dive Into The World Of Arcus

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The GameFi world has been suffocated well enough of rug NFT projects almost every other day. Those that made it past one month from launch barely even have a fifty percent chance of making it out. Those that make it, either have lost touch of the excitement and thrill from the current P2E model or just the economy was not planned well that the game gradually dies of from token mishandling. What we are rendering is the restoration of the lost thrill, fun and excitement from gaming experience together with earning tokens in the GameFi world.

WHAT IS ARCUS?
Arcus is a bow and arrow combat with up to 10 or more players cross-platform that consists of an intense, fun, real-time and arena-based Player vs Player; and a team play Guild Wars action. This skill-based game application is also available for Deathmatch and Heroes Journey and it includes a treasury bank feature to sustain the game tokenomics. Like many NFT games, Arcus embraces a P2E Play-To-Earn Business Model — a powerful model that combines two staples that have been propelling humankind since the beginning of time — Money and Entertainment.

Arcus has several features inside and outside the game that could provide thrill and excitement to all individuals and some of these are already featured in some articles as well.

Here we provide more of its proposed events and gameplay especially as it is divergent in most p2p games we have.

PLAYER VS PLAYER
The ultimate PvP multiplayer interactive conflict between players in a MMORPG style gaming. Most PvP settings in todays GameFi are focused only in 1v1 situation and we deem it necessary that we restore a multiplayer PvP

One vs One — As the name implies, it is a battle with another player. This is the most common type of PvP in every P2E games. This kind of PvP enhances personal skills as it is mostly dependent on that avenue.

DeathMatch — A deathmatch event is a free-for-all PvP type where anyone can attack anybody. Room host can create a game type and may even invite players to join the thrill. A deathmatch PvP is considered a one-vs-all type of PvP.

Special Events — Special events will render specific categories to PvP with specific rewards as well. It is more like a selection of 1v1 or Deathmatch but with a tweak. More details of this will be given on the game launch.

GUILD WARS
Season Tournaments — Season tournaments creates opportunity for players to strategize themselves in situations through a 3v3 or 5v5 match up. Leadership, expertise, and critical thinking will be put to the test while in this type of Guild War. Attack or Defend? Two options that can bring success or failure to every team.

Mini Tournaments — Mini Tournaments will be conducted by the Guild Members. They will be able to provide excitement and fun within their own guild as they develop their skills and enhance everyone’s strategy during a match. Mini tournament organizers will decide the game mechanics and rewards for this event. This will also require our native token $ARCUS to be utilized by the Guilds themselves.

Special Events — Special events will be gradually added as ew move forward with our game development.

HEROES’ JOURNEY
This mode allows players to explore more about Arcus’ story and complete each stages to save Arcus! There are at least 4 stages to complete and 4 stories to engage with. What’s exciting is that the game story could even have additional stories per season.

Players can choose with either of the following methods:

Single Player — In the Single Player Journey, the hero will be able to explore each of the 4 Elemental Villages wherein the 4 Elemental Stones are hidden and defeat its Stone Protectors:

Safiro Village — The Fire Elemental Village that holds the Saffir Stone.

Emeros Village — The Water Elemental Village that protects the Em Stone.

Quartos Village — The Air Elemental Village that carries the Que Stone.

Mundoz Village — The Earth Elemental Village that bears the Petroz Stone.

Players will have the option to select the first village to start from and earn an $ARCUS Token reward for each completed stages in the Elemental Villages.

Team Journey — This mode will be opened once the player has finished all four (4) villages in single-player mode. Combine all stones and use it to defeat the Demogods! A team must consist of four players in order to start and complete this adventure. A player can also opt to “rent” an AI for this kind of adventure.

MERCENARIES
Mercenaries are what scholars are to most NFT games. This allows NFT owners to provide gaming experiences to players who cannot afford to purchase game NFTs and earn. Mercenaries will have their rewards directly sent to their wallets after playing.

TASK BONUSES
Task Bonuses will be given away to stimulate further excitement and growth of the skills of all players. This will include daily bonuses and weekly bonuses for players to keep up in upgrading their skills and weapons.

NFTs
Arcusian Warrior — Arcus Heroes are the most essential piece of the game. To save Arcus Village, the warriors need to train themselves and battle forces that can prove to be an obstacle to peace.

Weapon — There will be three (3) basic types of weapons in the Arcus World.

A short bow will have the most balanced speed, distance, and damage. A long bow will grant high damage on long distances but with slow speed. A crossbow will offer great speed over short distances but with low damage.

Arcusian Ether — Arcusian Ethers are the loyal companions, pets, or allies of the Arcus Heroes. They will provide assistance to Arcus heroes through their stats and abilities inherent to them. In every battle, each Arcusian Ethers will gain three random skills out of the twenty skills in order to provide assistance to your team. Bear in mind that there are also four different elements of Arcusian Ethers with each advantage and disadvantage to each other.

TOKENOMICS

Arcus Token

Initial Supply: 1,000,000,000

Mintable: Yes

Liquidity: 6,600,000 token locked for 24 months

Treasury Sale: 200,000,000 locked for 6 months

Game reward: 493,400,000 totally unlocked

Staking Reward: 200,000,000 Totally unlocked

Marketing: 50,000,000 Totally unlocked

Funding: 50,000,000 Locked for 6 months

*Also note that the Treasury Sale is a form of discount to the new player that the token price is less than 15% from the trading market. However, this is an in-game token only for buying into our marketplace and cannot be traded in the open trading market.

BURNING MECHANISM
The governance token GO8 and utility token Arcus will have each of their own use cases inside and outside the game to be burned once used. $GO8 tokens will be used for collectible

NFT creation, Guild creation, Mini Tournament Fee, Tournament’s Entrance fee, Recruitment or Training Fee, AI Renting, and Physical 3D Printing of your NFTs. On the other hand, the $Arcus token will be utilized in Weapon Crafting and Repair, Accessory creation, Training for New Characters, and for some other materials.

TOKEN STABILITY PLAN
To provide a sustainable gaming environment for Arcus players, we have adopted several measures to allow this to happen. First, Arcus Team is using Data Analytic Tools to gather actual data and simulate future events to anticipate problems that are to arise. Second is the implementation of a Treasury Bank that will be invested outside the ecosystem. The third is the actual balancing of minted and burned NFTs, a burning mechanism for $Arcus token, and a ten percent (10%)buyback mechanism from the team. The last piece in a sustainable environment for Arcus is the addition of advertisements or engaging in a buy and sell of the 3D-printed NFT collectibles.

CONCLUSION
Arcus was constructed to relive the moments of gaming excitement with embodied skills between players. It is now high time to showcase such quality in order to cater to a much wider community and build a sustainable ecosystem in the long run. Arcus aims to deliver such a wonderful concept leveraging in Play-to-Earn-And-Enjoy model. Together with token and NFT balancing and a variety of community collaborations, Arcus will be able to carry through this one-of-a-kind venture.

**Disclaimer: The information stated above is not to be taken as financial advice. The data only shows what the team has in the pipeline for the project for growth and development for a long period of time. Due diligence is necessary for individuals who wish to participate in this gaming platform experience.

***For more information regarding Arcus Project, you may contact us on our social media:

WEBSITE | FACEBOOK | TWITTER | DISCORD | TELEGRAM

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XION Pioneers User-Friendly Blockchain Solutions with Latest Chain Abstraction Release

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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.

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Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry

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Saakuru announced some recently reached milestones in its development, which put it at the forefront of the gasless blockchain revolution currently disrupting the industry. The consumer-centric L2 protocol entered the top 5 brands in its niche within 9 months of launch. Moreover, according to data from DappRadar, it records over 1.44 million/week.

Saakuru is preparing for the official launch of its Saakuru token ($SKR) before the end of April. The project also successfully raised $2.4 million in an oversubscribed private funding round to develop its protocol.

The Saakuru Protocol is an up-and-coming proponent of gasless technology, considered by many an accelerator of Web3 adoption into the mainstream. Its mission is to improve the user experience for both developers and end users and drastically reduce costs. These enhancements should forever change the blockchain landscape, enabling the development of more versatile decentralized applications boasting higher security standards, cost-effectiveness, and ease of use.

As of 2024, blockchain technology is stagnating and used mainly for crypto trading. Also, the broadly adopted Ethereum model, based on gas fees fluctuating depending on network use, can lead to high costs and a disappointing user experience. Lastly, most blockchain networks face significant security issues, deterring new users from onboarding promising projects.

Saakuru has developed a public-permission, gas-less L2 blockchain powered by Oasys High-Speed Optimistic Rollups. The network’s design eliminates gas fees, significantly improves user experience, and proposes new tokenomics models. For instance, it enables the easy creation and execution of token contracts, including features like vesting, staking, data tracking, and management. This approach differs significantly from most layer-2 blockchain networks, which rely primarily on governance tokens.

The Saakuru token is a multi-purpose token ensuring utility and governance for the Saakuru Protocol. It uses an advanced burning mechanism to gradually reduce its supply while potentially increasing its value. The token is involved in all the operative layers of the Saakuru protocol:

  • Developer Layer—Also known as Saakuru Labs, this feature provides several products and services with proprietary business models. The system burns the token with 10% of the profit.
  • DeFi Layer — This feature is facilitated by Taffy DEX technology, and 0.005% of every fee collected from on-chain and cross-chain transactions throughout the Taffy DEX protocol is converted to SKR tokens and burned.
  • Governance Layer — SKR token holders can use their tokens to participate in the protocol’s governance model. Moreover, 5% of the tokens used to initiate the review process are burned.
  • Protection Layer — The SKR token is burned if the SKR token protection mechanism is triggered, and 3% of saved tokens will be burned.

The Saakuru team believes the protocol’s gas-less operations will drive quick and consistent adoption of the SKR token. Moreover, developers can stake their SKR tokens to refill their credit balances monthly and drive the ecosystem’s growth.

Another aspect that should increase demand for gas-less blockchain networks like Saakuru is the outdated properties of the currently available external wallet model. The Saakuru team believes developers and users will soon adopt the embeddable model, defined by increased security and numerous configurable features in any mobile app in one day. This type of wallet can provide a better, user-friendlier experience without reducing security.

The Saakuru protocol will also feature prebuilt, easy-to-launch modules for basic Web3 interoperability functions, such as smart contract event tracking and interaction APIs. It will also have an NFTs CRM and zkNFTs verification layer, allowing businesses to integrate Web3 technologies seamlessly into their operations.

About Saakuru

Saakuru takes a new, innovative approach to Web3 and proposes a blockchain that doesn’t charge gas fees, maintains stability through top security practices, and fosters new projects, applications, and ideas. To this end, the team launched the Saakuru Developer Suite, a comprehensive toolset that includes libraries and APIs and enables developers to create applications faster.

The development team behind Saakuru has more than ten years of experience making Web2 products and six years of experience in Web3 applications, both from the developer’s and business sides. Their experience enabled them to discover the primary issues of decentralized production that prevented them from reaching mainstream use.

Saakuru benefits from increasing support from the industry, including prominent educators on blockchain technology, such as Ivan on Tech, an angel investor in the Saakuru Protocol.

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Linea Going from Strength to Strength with Lynex on the Front Lines

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The Linea blockchain has gone from strength to strength over the last quarter, seeing TVL and volume soar. Lynex and its ingenious community engagement strategy stand as a key contributor to this organic growth.

This impressive achievement highlights the strength and potential of the Linea ecosystem, a product of the renowned blockchain software houseConsenSys, which is also known for owning the popular cryptocurrency wallet MetaMask. With its lattice-based cryptography, which is faster, less computationally heavy and easier to implement than other cryptography methods, Linea is a key player in the market of Layer 2 scaling solutions for Ethereum.

Linea has seen mass organic growth with TVL tripling over the last trimester and volume quadrupling in the last month. Part of this growth has been thanks to the community efforts in bolstering liquidity and driving engagement, coordinated by Lynex, the leading DEX and native liquidity layer on Linea.

Lynex, the top DEX on the network boasts an elevated rendition of the ve(3,3) DEX model and has contributed greatly to the organic growth and engagement on the network, with TVL on the protocol seeing a 1600% increase in the last month at the time of writing. Through a community-centric airdrop mechanism, Lynex is incentivizing investors to explore the ecosystem to use other protocols, to maximise their chances of airdrop, which has proven to be quite an effective tactic in driving growth.

Lynex’s Recent Milestones

The surge in TVL is a testament to the increasing confidence and interest from the DeFi community in the Linea blockchain and its associated projects, particularly Lynex. The platform has played a crucial role in this growth, thanks partly to its strategic community airdrop, which has successfully attracted a wider user base and fostered a more engaged and vibrant community.

A total of 10% of Lynex’s initial supply has been earmarked for distribution to holders of existing ve-like protocols and those who have actively engaged with the Lynex community. This strategic airdrop is a testament to Lynex’s dedication to fostering a strong, engaged, and empowered community, and truly embodying the role of being a native liquidity layer. Lynex aims to create a more inclusive and collaborative ecosystem that benefits all stakeholders by rewarding our users for their loyalty and participation.

Lynex has also been named the official DEX partner of Linea’s much-celebrated community coin, FOXY. This partnership comes after Lynex had seen mammoth growth in TVL and token price over the last quarter and solidifies its place at the top of the food chain in the Linea ecosystem.

Lynex’s Innovative Tokenomic Model Helps Drive Growth

Lynex continues leading the way in DeFi innovation with its advanced Automated Liquidity Management (ALM) and unique tokenomics. The ALM feature allows users to optimize their liquidity provision, reducing the risks associated with impermanent loss and ensuring more stable and profitable returns. Meanwhile, Lynex’s tokenomics model is designed to align the interests of liquidity providers, token holders, and the broader ecosystem, creating a more sustainable and rewarding platform for all participants.

Lynex’s innovative tokenomics model, oTokenomics, is revolutionizing the DeFi ecosystem by addressing critical challenges such as token devaluation and incentive misalignment for Liquidity Providers (LPs). This model aligns user and protocol interests, ensuring long-term stability and growth.

The “Darkpool” Is Coming

Lynex is also set to disrupt the liquidity provision landscape very soon by introducing its groundbreaking ‘Darkpool’ technology on the Linea blockchain. Developed in collaboration with security experts at Salus Security, this cutting-edge innovation promises to bring unparalleled privacy to the trading world.

By leveraging the power of zero-knowledge proofs, zkLynex’s Darkpool technology ensures that traders can execute their transactions with complete confidentiality, protecting both their strategies and market positions.

About Lynex

Lynex is a leading decentralized exchange (DEX) and liquidity marketplace built on the Linea blockchain. With a focus on innovation, security, and user experience, Lynex aims to provide a seamless and efficient trading platform for the DeFi community. The platform features advanced technologies such as Automated Liquidity Management (ALM), innovative ve(3,3) DEX model and tokenomics, and soon, Darkpools for enhanced privacy in trading.

About Linea

Linea is a Layer 2 blockchain developed by ConsenSys, the company behind MetaMask. It offers a scalable and secure platform for EVM decentralized applications (dApps) and decentralized finance (DeFi) projects. Linea’s rapid growth and increasing Total Value Locked (TVL) reflect its potential to become a leading blockchain for DeFi and beyond.

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Swirlds Labs Brings Open Source HashioDAO Framework to the Hedera Network, Making DAO Formation Simple, Accessible, and Inclusive for All Web3 Communities

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Swirlds Labs, the team providing development and support for the Hedera network, has released HashioDAO — an open-source, user-friendly interface for creating and managing decentralized autonomous organizations (DAOs) on Hedera. HashioDAO makes it easier for communities to form, govern, and operate DAOs efficiently, using Hedera’s underlying technology. It can cater to various governance needs, responding to the need for decentralized, transparent decision-making tools that diverse communities can easily adopt.

Communities looking to establish DAOs for decentralized governance have often faced extensive technical and financial complexities. HashioDAO provides an interface that simplifies the creation and management of DAOs for users, without requiring extensive technical expertise, leveraging Hedera’s enhanced security and performance capabilities. It streamlines the management of DAOs through a web app that guides users through the entire process of launching a DAO, simplifying the technical aspects while leaving decisions and control over structure, governance, and management to the DAO creators. Users will be able to access the open-source HashioDAO code directly on Github. Swirlds Labs will also offer a free, community-hosted version of HashioDAO to support adoption and ensure accessibility.

HashioDAO offers DAO creators user-friendly access to features such as customizable governance tokens, multi-sig options, and treasury management, enabling communities to easily adopt decentralized governance models suited to their specific needs. For example, HashioDAO users can adopt token/NFT-based voting and proposal creation, without needing prior technical expertise. Emphasizing transparency, inclusivity, and participation, HashioDAO will foster greater participation in decision-making processes.

Dr. Leemon Baird, Co-Founder of Hedera and Swirlds Labs, said, “Traditional decision-making mechanisms within organizations often lack transparency and are inefficient. This reduces the trust and engagement of community members. Not only that, but setting up a DAO from scratch can be a daunting task. It can be technically complex, and require a great amount of knowledge, and development resources. We will change that with the release of HashioDAO. This simplifies establishing a DAO, to make it as simple as possible, to allow any organization or community to quickly and easily create new organizations with democratic governance.”

The release of HashioDAO follows on from other free services that Swirlds Labs has brought to Hedera in the past including the HashScan ledger explorer and the Hashio JSON-RPC relay.

About Swirlds Labs

Swirlds Labs was established with the mission to accelerate the future, built on Hedera – the most used, greenest, enterprise-grade public ledger for the decentralized economy. Our vision is to enable ‘Shared Worlds’, where anyone can gather, collaborate, conduct commerce, and control their own online footprint. We will enable this vision by continuing to provide development and other support for the Hedera network, building community and enterprise solutions that enable fast, rapidly scalable adoption of Hedera network services, and cultivating ‘moonshot’ projects that will change the way humans and organizations interact in cyberspace.

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Paragon Network Unveils Test Net, Showcasing Breakthrough Capabilities in Decentralized Computing

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Excitement fills the air as Paragon Network, the pioneering force in decentralized computing, announces the launch of its highly anticipated Test Net. This significant milestone marks a pivotal moment in the evolution of Paragon Network, as it solidifies its position as a leader in the realm of Layer-1 protocols for smart contracts.

“We’re thrilled to announce that our Test Net is now live, and we extend our gratitude to the $PARA community for their patience,” says a representative for Paragon Network. “Paragon Network stands as a Layer-1 protocol for smart contracts, employing a sharded proof-of-stake (PoS) system capable of processing up to 1000 transactions per second.”

Paragon Network is not just another blockchain project; it’s a game-changer in the world of decentralized computing. Combining a modular, EVM-compatible Layer 1 infrastructure with a Delegated Proof-of-Stake (DPoS) consensus mechanism, Paragon Network offers users unparalleled security, scalability, and accessibility.

The Test Net rollout showcases Paragon Network’s commitment to innovation and excellence. With efficient sharding technology at its core, Paragon Network offers unmatched scalability and performance, capable of processing transactions at lightning speed while maintaining full compatibility with Ethereum’s infrastructure.

Transactions within Paragon Network aren’t settled directly on Ethereum. However, the network preserves full compatibility with Ethereum’s infrastructure. The native token of Paragon Network, $PARA, facilitates this compatibility, thanks to efficient sharding technology, significantly reducing the computational demands of running a node on the network.

As Paragon Network gears up for its official launch, the team remains focused on its mission to establish a decentralized chain dedicated to distributing cloud computing power and forming the Cloud Computing Alliance (CCA). By hosting all other cloud computing networks on ETH and migrating them to #PARAGON, Paragon Network aims to revolutionize the cloud computing industry.

“We’re entering an exciting new era of decentralized computing, and Paragon Network is at the forefront of this revolution,” concludes the Paragon Network team. “We invite enthusiasts, developers, and enterprises alike to join us on this journey towards a future powered by decentralized technology.”

To join the Paragon Network Test Net and experience the future of decentralized computing firsthand, use the following information:

  • Network Name: Para Test
  • RPC: http://65.109.19.70:8545
  • Chain ID: 1993
  • Currency Symbol: PARA
  • Explorer: http://65.109.19.70:4000

Paragon Network is more than just a project; it’s a movement toward a future where decentralized technology is accessible to everyone. Join us as we revolutionize the world of cloud computing and GPU network tokenization with Paragon Network.

For more information about Paragon Network and how to get involved, visit Paragon Network’s official website at https://networkparagon.io/. To be a part of the Paragon Network community, join the official Telegram channel at https://t.me/Network_Paragon.

About Paragon Network

Paragon Network is a decentralized computing platform that aims to democratize access to decentralized technology. With its modular, EVM-compatible Layer 1 infrastructure and DPoS consensus mechanism, Paragon Network offers users unparalleled security, scalability, and accessibility. By integrating Real-World Assets (RWA) and employing AI-driven security measures, Paragon Network is revolutionizing the landscape of cloud computing and GPU network tokenization.

Website: https://networkparagon.io/

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ICB Network Enters New Era of Blockchain Technology With Advanced Layer 1 Project

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During this crucial period for the crypto industry, ICB Crypto Services is ready to announce the early launch of the Ideal Cooperation Blockchain (ICB) Network. Designed by the sophisticated ICB Labs, the ICB Network introduces a promising Layer 1 blockchain project that was created to update the standards of scalability, security, and efficiency in the blockchain space. The ICB Network effects a sufficient advancement in blockchain innovation, with an official ICO-level launch scheduled for Q1 2024.

Transformative Innovations

The adoption of the Proof of Stake (PoS) consensus mechanism is at the core of the ICB Network’s innovation. It is a strategic move away from traditional Proof of Work (PoW) systems. This transition enhances transaction throughput and network scalability, and significantly reduces the environmental footprint of blockchain operations. Furthermore, the ICB Network is aimed at ensuring advanced security and efficiency, collaborating with leading auditing companies like CertiK, and implementing comprehensive Know Your Customer (KYC) processes.

Bright Future Ahead

“The ICB Network is set to revolutionize blockchain innovation with its PoS consensus, scalability, and commitment to security. Our platform provides developers and users with a robust infrastructure for building and using decentralized applications across various industries,” stated CEO of ICB Crypto Services.

This vision encapsulates the essence of the ICB Network’s mission to motivate developers and users, creating a more inclusive and efficient blockchain ecosystem.

Expansive Roadmap and Collaborative Endeavors

Looking forward, the ICB Network has outlined an extended roadmap that includes the introduction of trading activities, play-to-earn games, metaverse functionalities, a native wallet, and an NFT Marketplace. These components, in combination with strategic partnerships with developer communities, underscore the network’s commitment to boosting innovation and collaboration. Moreover, the plans are underway for the listing of the ICB Network’s native coin, ICBX, on centralized and Tier 1 exchanges, further solidifying its presence in the blockchain industry.

About ICB

Established in October 2020, ICB Labs represents the innovative arm of ICB Crypto Services, dedicated to addressing the challenges faced in the blockchain and cryptocurrency sectors. Through the use of cutting-edge technologies and adherence to the Ethereum Virtual Machine (EVM) standard, ICB Labs has developed the ICB Network to facilitate efficient, secure, and scalable blockchain solutions. The launch of the ICB Network signifies a major milestone for ICB Crypto Services, marking its entry into the blockchain industry with a vision to drive positive changes and promote a new era of digital excellence.

For more information about the ICB Network and its innovative solutions, visit the official website at https://www.icb.network/ or follow the latest updates through the network’s official channels:

X/Twitter: https://twitter.com/icbx_network
Telegram: https://t.me/icbnetwork_official
YouTube: https://youtube.com/@icbcryptoservices?feature=shared
Discord: https://discord.com/invite/rGRUgrbC4D
Medium: https://readicbnetwork.medium.com/

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Introducing BounceBit Testnet Phase 2: App Store

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Following the success of BounceBit Testnet: BounceClub East-to-West Event launched on March 8, 2024, BounceBit announces the rollout of BounceBit Testnet Phase 2: App Store.

While the previously launched Testnet BounceClub Event will operate as usual without any changes, BounceBit Testnet Phase 2 highlights BounceBit App Store’s features and encourages developers to deploy on the BounceBit Testnet by submitting their decentralized applications (DApps) to the BounceBit App Store through GitHub pull request.

BounceBit Testnet Phase 2 mirrors the mainnet environment, offering developers, validators, full node operators, delegators, and users an early preview of the BounceBit Mainnet. This phase welcomes everyone to interact with the BounceBit PoS staking chain and the BounceClub ecosystem.

Here’s what you can expect from BounceBit Testnet Phase 2:

Deploy on BounceBit testnet

BounceBit Testnet Phase 2 offers developers the chance to get an early experience of deploying on the BounceBit chain by submitting their DApps to be listed on the BounceBit App Store. The BounceBit App Store features both in-house DApps and those built by community developers or external projects. To have your DApp listed on the BounceBit App Store, submit a pull request on BounceBit’s GitHub repository. The BounceBit team will then review and, if approved, list your DApp on the BounceBit App Store. DApps that are listed during Testnet Phase 2 will receive priority consideration for being listed on the BounceBit Mainnet App Store based on their performance.

For more details on the onboarding process, please refer to BounceBit’s official guide.

Stress-testing DApps

BounceClub owners and users are invited to participate in testing all DApps that are listed on the BounceBit Testnet App Store. BounceClub owners can select and add DApps to their BounceClubs, while BounceClub users can interact with the DApps when exploring different BounceClubs.

The BounceClub community plays a crucial role in evaluating the listed DApps’ performance and security, identifying vulnerabilities that need to be addressed. This Testnet Phase 2 contributes to the resilience and reliability of the BounceBit ecosystem, striving to maintain a smooth and secure environment for all BounceBit users.

Onboarding more validators

The BounceBit Testnet has kicked off with its first set of node operators during the BounceClub East-to-West Event. Currently, there are 24 active validators participating, with a combined staking amount totaling over 1000 $BBTC and over 283 million $BB.

For Testnet Phase 2, BounceBit aims to broaden the network by inviting more validators to participate. New validators will be guided through the onboarding process for Phase 2 via Discord.

Testing BounceBit’s tokenomics

BounceBit Testnet Phase 2 will continue the rigorous testing of BounceBit’s tokenomics, including token generation events (TGE), inflation rates, vesting schedules, gas fees, block sizes, and the validator slashing mechanism. Additionally, the BounceBit native LSD module’s performance will be observed continually.

About BounceBit

BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products, secured by the regulated custody of Mainnet Digital and Ceffu. The BounceBit chain, designed as a showcase of a restaking product within the BounceBit ecosystem, is a PoS Layer 1 secured by validators staking both BTC and BounceBit’s native token – A dual-token system leveraging native Bitcoin’s security with full EVM compatibility. Critical ecosystem infrastructure like bridges and oracles are secured by restaked BTC. Through an innovative CeDeFi framework, BounceBit empowers BTC holders to earn yield across multiple networks.

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MVC unveils testnet version of game-changing Bitcoin sidechain asset bridge

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The Bitcoin ecosystem has recently been in the spotlight, with the emergence of innovative solutions such as the BRC20 concept and the continuous evolution of applications that captivate the market’s interest. This resurgence evokes memories of the DeFi summer of 2020 on the Ethereum network, where decentralized applications thrived alongside a surge in token prices, setting the stage for high expectations for the Bitcoin ecosystem. In a significant development, the much-anticipated Bitcoin ecosystem application, MicrovisionChain (MVC, Ticker $SPACE), has announced the testnet version of its cross-chain asset bridge feature, marking a game-changing milestone for the Bitcoin sidechain.

Developed through a collaboration between the MVC technical team and the Octopus Space team, the Orders Bridge is now a part of the MVC ecosystem. Currently, the Bridge facilitates cross-chain transactions exclusively from the Bitcoin network to the MVC network. MVC stands as one of the top three global Bitcoin sidechain solutions in terms of hash power and boasts impressive technical features, including smart contracts on UTXO public chains, low fees with high concurrency, and high throughput. Previous reports suggest that MVC can support nearly unlimited transactions per second (TPS).

By bridging assets to the MVC network, users can leverage the numerous advantages offered by the network’s features, effectively overcoming many limitations associated with transactions on the native Bitcoin network. The MVC solution offers significant cost savings, as cross-chain transaction fees to MVC are reported to be one five-hundred-thousandth of the peak rates on the Bitcoin network. Moreover, due to MVC’s network characteristics, transactions feature zero-block confirmations, eliminating network congestion and block confirmation delays as obstacles to trading. Unlike other Bitcoin cross-chain solutions, assets bridged to MVC remain based on the UTXO layer1’s Tokens, significantly reducing the risk of “fake Tokens.”

Beyond its groundbreaking asset bridge, Orders.Exchange also encompasses an order book DEX, Swap, and liquidity pools within its ecosystem. The platform gained widespread attention for being the first in the network to support a complete range of trading order types. It enables the trading of any Bitcoin asset, including Ordinals NFTs and BRC20 tokens, through the creation of ASK and BID orders. This approach ensures that the immediate trading needs of both buyers and sellers can be met. Notably, Orders.Exchange is the only platform in the Bitcoin ecosystem that supports the construction of BID orders, distinguishing it as a unique service provider in the space.

In its Swap and liquidity pool solutions, Orders.Exchange demonstrates strong technical capabilities and a commitment to decentralization and asset security. According to information disclosed by the team, its Swap and liquidity pool frameworks are built on a decentralized architecture. This framework splits users’ orders into several parts, each handled by different modules within the framework. Some modules solely process user operation data without touching the transaction data, while others are dedicated to allocating funds based on the orders without interpreting the transactions themselves. The modules operate independently without sharing data, significantly reducing the potential for losses due to hacking attacks. Impressively, this complex logic is executed within a single block, meaning Swap transactions only require confirmation in one block.

The liquidity pool is particularly critical, as it holds a significant amount of user assets, and inadequate security could expose users to financial risks. Orders.Exchange employs cold and hot wallet segregation along with a threshold multisignature approach for fund management. In the hot wallet (online environment), Orders.Exchange stores only a minimal amount of assets necessary for basic services. Assets exceeding this threshold are transferred to the cold wallet (offline environment), which replenishes the hot wallet only when its assets fall below the threshold.

To isolate cold and hot wallets, Orders.Exchange uses a threshold multisignature method to eliminate all potential internal misconduct. For the hot wallet, a 2/3 threshold multisignature is used, meaning three parties hold the multisig private keys, and any transaction requires signatures from at least two of them to proceed. The cold wallet employs a 3/5 threshold multisignature, underscoring a heightened emphasis on asset security. The institutions involved in the multisignature management are well-known security audit firms, each with a reputation to maintain. Known participants include sCrypt, a reputable Bitcoin network audit firm, and Scalebit, which has officially announced its audit work. Notably, Orders.Exchange plans to co-host a public seminar on asset security with the renowned audit firm Certik in early April.

With the multitude of positive developments surrounding Bitcoin and the approaching halving event, there is every reason to believe that the potential of the Bitcoin ecosystem is fully comparable to that of the Ethereum ecosystem at its inception. At this juncture, closely monitoring the movements within the Bitcoin ecosystem becomes particularly crucial. Orders.Exchange stands out as the most technically accomplished platform with already implemented functionalities, and we believe it possesses significant potential, heralding a new era for Bitcoin sidechain solutions.

Twitter: https://x.com/mvcglobal

TG: https://t.me/mvcofficial

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Blockchain

Xpence: Innovative cryptocurrency wallet with pharming capabilities

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Xpence is a cryptocurrency wallet that not only provides secure storage and management of assets, but also provides unique opportunities for earning money using pharming. Cryptocurrency farming is a process where users can register their assets on the platform and earn profits in the form of interest over a certain period of time. Xpence offers two types of farming, each of which has its own characteristics and advantages.

Farming for Xpence: Opportunities and Advantages

First type of farming: Duration 10 days

This type of pharming allows users to earn profits within 10 days. The range of possible profits is from 43.5% to 45.9% per month, which represents a significant return in a short period of time. This type of farming is ideal for those who prefer to receive fast and high profits in a short period of time.

Second type of pharming: Duration 90 days

For those who prefer longer-term investments, Xpence offers farming with a duration of 90 days. In this case, users can expect a profit range of 51% to 51.66% per month. This type of farming provides more stable and predictable income over a longer period of time, which can be attractive to investors seeking long-term profits.

Advantages of farming for Xpence

  • High Returns: Both types of farming offer a high range of returns, making them attractive to investors looking to maximize the return on their assets.
  • Variety of Choices: Users can choose between short-term and long-term farming depending on their investment goals and preferences.
  • Transparency and reliability: Xpence provides transparent pharming conditions and guarantees the safety of users’ assets, making it a reliable choice for investment.

Conclusion

Farming on Xpence opens up unique opportunities for users to make money on cryptocurrency assets. With a variety of options and high returns, these instruments provide an attractive solution for those seeking to effectively manage their cryptocurrency investments. However, it is important to be aware of the risks associated with investing and make informed decisions based on your own financial goals and circumstances.

https://xpence.io/

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Blockchain

Monitok Unveils Points program to promote self-custody between crypto users

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Vilnius, Lithuania, March 18, 2024Monitok, a next-gen self-custodial exchange that combines features of both decentralized and centralized trading platforms, recently announced its Monitok rewards program. To celebrate their new project’s launch, the team is giving away 10,000,000 points. This announcement further hints at a future token airdrop from the pool of 100,000 USD worth of cryptocurrencies.

Joining the Monitok waitlist provides participants with a unique referral link, which they can use to earn Monitok points by sharing it and referring their contacts. These 10,000,000 points are not only transferable across different incentivization campaigns within Monitok, but can also be accumulated through active engagement with the project. These points represent a potential future investment, as they can be converted into MNT tokens upon launch.

What is the objective of the campaign?

At the core of Monitok’s referral campaign is the goal to create a strong community of people who share a vision of one of crypto’s main principles: ownership of assets.

How to join?

  1. Sign up to the Monitok waitlist
  2. Receive a personalized referral link
  3. Invite friends, family, and followers to join the waitlist 
  4. The more people you invite, the more Monitok points you accumulate, which will be convertible into MNT tokens after the token’s launch

 

MNT tokens are a cornerstone of the Monitok ecosystem, designed to facilitate transactions, reward participation, and encourage investment within the platform. Additionally, users can acquire MNT tokens through active engagement with the app. Furthermore, MNT tokens can be utilized for payments or to obtain discounts on services, access premium features, or generate yield through staking.

“Our mission is to fill up the gap between DEX and CEX by inviting more people to embrace self-custody. “

Why Participate?

. By joining the waitlist and participating in the referral program, members can:

  • Gain early access to the app: Secure early access to the platform and take advantage of its benefits.
  • Split 10,000,000 Monitok points with fellow participants: Gather Monitok points, by engaging with the community and platform.
  • Secure a spot in $100,000 worth of MNT token airdrops: Convert your points to MNT tokens during airdrops.

 

To ensure a fair and transparent experience for all participants, Monitok has meticulously prepared the terms and conditions of the referral program. These guidelines define the dos and don’ts of the referral process, ensuring a rewarding and enjoyable campaign for all.

About Monitok

Monitok, established in 2022, is a hybrid crypto exchange with self-custody as its key feature. As the first hybrid crypto exchange built on the Arbitrum Network, Monitok is committed to helping users trade smarter by providing a secure, one-stop-shop crypto trading solution. The platform enables users to manage their assets in self-custodial wallets and access the best token rates by aggregating over 100 decentralized exchanges. Additionally, it provides easy fiat on and off-ramps and plans to launch a crypto debit card. Through its referral program, Monitok encourages the adoption of self-custodial trading, rewarding members for their support.

For more information, visit:
Website | Twitter | LinkedIn | Discord | Telegram

Or contact: [email protected]

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