Metafy, a leader in applying the benefits of blockchain technology to both legacy and emerging IP to create innovative consumer products, and part of IP house JCorp licensing group, has signed a deal to license Kumo – the flagship brand built on the Sui blockchain and owned by game developer Lucky Kat.

Kumo was successfully released as an NFT collection in September 2024, selling out in under 40 minutes and has since been trending on the charts, fueling continual follower growth on social media.

The deal incorporates Metafy merchandising, manufacturing and distributing Kumo-branded apparel, SMART toys and accessories, taking Kumo into its next stage of growth. The partnership will capitalize on Metafy’s expertise in brand monetization skills across both traditional and web3 commercial landscapes, leveraging the power of their deep-rooted distribution network across both e-tail and retail channels – in combination with the gaming and digital asset communities of Lucky Kat and parent company Fragbite Group.

“What Lucky Kat has been able to achieve through their unified blockchain gaming ecosystem, they are uniquely positioned to redefine the intersection of digital assets, gaming experiences, and real-world utility, with Kumo as the perfect embodiment of this strategy.” says Cole Gurman, CEO and Founder, Metafy.

“We’re thrilled to extend Metafy’s vision for activated products across a range of product lines that will live within both the Kumo and Lucky Kat ecosystems, starting with fully abstracted, NFC-enabled collectibles. This collaboration will empower players to bring their digital assets to life in the physical world, creating a fully connected experience that unlocks new levels of engagement and value, paving the way for the next generation of consumer crypto users.”

The first exclusive collection of Kumo-branded plushies will be released in Q1 2025 with the presale planned for Christmas 2024. The collection will merge physical products with blockchain-infused digital tie-ins, onboarding the retail consumer into the digital Kumo world via QR codes and NFC chips. Kumo buyers will also be provided benefits in the soon to be publicly launched $KOBAN token ecosystem of games.

“The market response to the Kumo NFT collection has clearly demonstrated that this brand has potential, and we are excited to be moving Kumo forward on a path very few web3 brands have ventured on before,” says Zara Zamani, CEO, Lucky Kat.

“We are fortunate to partner with Metafy who are not only highly experienced in licensing and marketing consumer products, but the perfect partner for us since they also operate in the web3 environment. Together we will leverage the Lucky Kat communities and Metafy’s expertise and distribution channels to establish Kumo as a household brand with traditional audiences.”

About Kumo:

Kumo the Kat is the clumsy but loveable brand mascot of Lucky Kat and its web3 game ecosystem. In September 2024 a collection of 2,222 unique NFTs was successfully released, offering NFTs with utility and interoperability which means the possibility of utilising Kumo across the ecosystem and enjoying continuous benefits, rewards and functions after the upcoming public launch of the $KOBAN token. Since release, Kumo has enjoyed popularity and has recently been upgraded as a dynamic NFT collection, allowing owners to swap out the characteristics of their digital cat. The NFT:s can be bought and sold on the Tradeport marketplace. 

About Metafy:

Metafy is the prototypical unicorn – where expertise, experience and ambition have come together to seize the opportunity that the transition in the marketplace from Web 2 to Web 3 offers up. Metafy uniquely blends capabilities rooted in the analog worlds of licensed consumer product development and production, and mass market and online retailing, with the digital world of the blockchain and real-world asset (RWA) tokenization. Metafy is an IP-house in name and function, devising and executing customer engagement and brand monetization plans that leverage the places where these worlds overlap. The Metafy team has brought to market, products for frontier facing brands such as SOMO, Creepz and Pudgy Penguins.

About Lucky Kat:

Lucky Kat is an award-winning game development studio with a portfolio of over 100 mobile games that has reached more than 250 million downloads. Lucky Kat has onboarded millions of mobile players into web3 through their interoperable gaming ecosystem and upcoming utility token $KOBAN. Currently, Lucky Kat is one of the flagship gaming projects on the rapidly growing Sui blockchain with prominent web3 games Panzerdogs and Cosmocadia. Founded in 2015 and based in the Netherlands, Lucky Kat is part of Fragbite Group, a publicly listed company active in gaming, esports and web3.

WH Alliance proudly announces the launch of AI ProfitPulse, a cutting-edge investment system that integrates advanced artificial intelligence and big data analytics to optimize investment decisions. This new tool is designed to empower investors, from beginners to seasoned professionals, by providing more accurate and efficient strategies in today’s fast-paced financial markets. AI ProfitPulse utilizes machine learning algorithms to analyze vast amounts of market data, enabling real-time insights and precise decision-making. As a result, investors can now access more effective, data-driven strategies, helping them maximize returns and manage risks with unprecedented accuracy.

The Vision Behind WH Alliance

Founded by Roland Quisenberry, WH Alliance has quickly become a global leader in financial education. WH Alliance has made an indelible impact on the financial education landscape. Roland’s mission has always been clear: to help individuals turn their financial aspirations into reality by equipping them with the tools, knowledge, and strategies needed to succeed. What started as a small institution dedicated to personal financial growth has now evolved into a beacon of excellence, offering both education and innovative solutions that push the boundaries of traditional finance.

AI ProfitPulse: Bridging Technology and Investment Expertise

The launch of AI ProfitPulse represents a monumental step in Roland’s vision of integrating technology into financial education. By leveraging the power of artificial intelligence and big data, AI ProfitPulse transforms investment decisions into data-driven, precise actions. Investors using the system gain access to predictive analytics that can optimize their trading strategies, whether they’re navigating volatile markets or managing long-term portfolios. This intelligent system allows investors to minimize risks while maximizing potential returns, offering a new level of financial autonomy.

Roland’s passion for innovation and technology has driven WH Alliance’s commitment to utilizing the latest advancements in AI. By integrating this technology into the curriculum and offering it to investors through AI ProfitPulse, Roland aims to democratize access to high-quality investment strategies. Now, even individuals without extensive financial backgrounds can benefit from the same tools and strategies used by institutional investors.

Commitment to Social Responsibility

Beyond its groundbreaking educational and technological advancements, WH Alliance is deeply committed to social responsibility. Roland Quisenberry believes that financial education should not only empower individuals but also contribute to the greater good. In addition to offering training programs for aspiring investors, WH Alliance has made substantial efforts to address societal issues through financial literacy programs aimed at marginalized communities and those facing economic hardship. These initiatives aim to provide people with the skills needed to improve their financial well-being, regardless of their background or current circumstances.

A Global Platform for Future Leaders

As WH Alliance continues to grow, Roland Quisenberry’s vision is to create a platform that not only nurtures financial talent but also fosters a sense of global responsibility. He encourages students to use their skills to drive societal change and promote ethical financial practices that benefit not just the individual but society as a whole. Through educational programs, investment tools like AI ProfitPulse, and philanthropic initiatives, WH Alliance is shaping the next generation of financial leaders who are committed to making a positive impact on the world.

With its innovative approach to both education and technology, WH Alliance remains at the forefront of transforming the financial landscape. Roland Quisenberry’s leadership continues to inspire a new generation of investors and financial professionals, ensuring that they are equipped with the knowledge, tools, and ethical grounding to succeed in an increasingly complex world.

StakeStone announces the successful completion of a $22 million investment round, led by Polychain Capital. This fundraise includes strategic investments from Binance Labs and OKX Ventures, seed round led by SevenX and participation from Nomad Capital, HashKey Capital, HashKey Cloud, Amber Group, Coinsummer, Bankless Ventures, DAO5, Symbolic Capital, Arcane Group, Quantstamp and more. This investment positions StakeStone for accelerated growth as it expands its product offerings and strengthens its presence in key markets.

StakeStone is dedicated to building the first stable, yield-bearing liquid ETH, powered by an adaptive staking network that supports risk-free consensus layers with native assets. Along with the fundraise, StakeStone is launching its BTC products SBTC, an index liquid BTC and STONEBTC a yield-bearing liquid BTC to enhance the utility of native BTC within EVM ecosystems as well as other Layer 1 and Layer 2 networks. StakeStone is committed to empowering key ecosystems and DeFi protocols including partners such as Berachain, Movement Labs, Monad, Plume Network, Corn, Pendle, AAVE DAO and others by providing high-utilization liquidity that drives real adoption.

StakeStone is also preparing to unveil its payment product which will include features such as flexible savings accounts powered by the yield-bearing liquid asset, STONE along with a Buy-Now-Pay-Later (BNPL) option, providing users with greater transaction flexibility. Developed with MegaETH’s real-time processing capabilities, this product is designed to establish a sustainable model that drives real-world utility and supports mass adoption.

“We are thrilled to work closely with leading funds like Polychain Capital, Binance Labs, OKX Ventures to jointly build the next-generation omnichain liquidity infrastructure for decentralized finance,” said Charles K, co-founder of StakeStone. “Their expertise and support are crucial to our ongoing innovation and the global adoption of our products. At the same time, through this funding, we are committed to bringing DeFi into the real world. Together with real-time high-performance blockchain networks, we aim to onboard the next billion users through RWAFi and PayFi, propelling the crypto industry into the era of super applications.”

“The team at StakeStone has been pushing the boundaries of innovation, and we believe their vision to integrate omnichain liquidity with high-performance blockchain networks is a game-changer. This partnership aligns perfectly with our investment philosophy of backing projects that will shape the future of the crypto ecosystem. We look forward to seeing the impact they will make as they scale and drive adoption on a global level,” said Olaf Carlson-Wee, CEO, Polychain Capital.

“We believe StakeStone is tackling a critical need in the Web3 space by advancing omnichain liquidity solutions that enhance both security and scalability across blockchains. The StakeStone team brings exceptional expertise and a unique vision to the staking and liquidity landscape, making them a perfect fit for our mission to support pioneering projects that drive the next wave of growth across decentralized infrastructure,” said Ben Lakoff, General Partner, Bankless Ventures.

“StakeStone’s innovative liquidity infrastructure protocol is driving the future of omnichain staking and liquidity distribution. Their novel use of yield-bearing assets like STONE ETH unlocks new capital efficiencies. We’re excited to support their vision of building a transparent, decentralized and sustainable liquidity network across emerging ecosystems like AI and DePIN,” said Thomas Zhu, Co-Founder & CTO of Amber Group.

“As the founder of Manta, I’m excited to see StakeStone’s latest fundraising success. With extensive experience and innovative capabilities in the DeFi space, StakeStone has consistently demonstrated a commitment to building high-quality decentralized financial infrastructure. Their strong focus on product development and emphasis on security are particularly commendable. I’m confident that with the support of this new round of funding, StakeStone will accelerate its product and tech stack development, further solidifying its leadership position in the industry,” said Victor Ji, Co-founder of Manta Network.

About StakeStone

StakeStone is committed to building the first stable, yield-bearing liquid ETH/BTC, powered by an adaptive staking network that supports various risk-free consensus layers with native assets. Yield opportunities are optimized through adaptable underlying strategies using an on-chain proposal mechanism and omnichain liquidity is seamlessly redistributed across ecosystems and protocols. StakeStone is dedicated to establishing new standards for liquid assets and enhancing liquidity distribution to earn widespread user trust and adoption. For more information, please visit stakestone.io or follow the project on Twitter @Stake_Stone.

DigiFT, a Singapore-based exchange regulated by the Monetary Authority of Singapore, and Chainlink—the essential infrastructure for the tokenized asset economy—announced today that DigiFT has adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to expand the accessibility of money market fund tokens available on the DigiFT platform to new audiences across multiple blockchains. Additionally, DigiFT is adopting Chainlink Proof of Reserve to help verify reserves and secure the minting function of the money market fund tokens on DigiFT’s platform.

DigiFT, which provides financial services for primary issuance and secondary market trading, will benefit from enhanced liquidity for its real-world assets (RWA) tokens by adopting CCIP for secure cross-chain token transfers across multiple chains and as a result improve liquidity on secondary trading markets. Increased liquidity can enable more efficient markets and encourage institutional asset managers to incorporate tokenized assets in their investment strategies. Through the application of CCIP and Proof of Reserve, DigiFT and Chainlink are collaborating to drive institutional adoption of public blockchain and tokenization technology.

“Chainlink CCIP is a foundational technology for enhancing blockchain-based capabilities through secure and seamless interoperability,” said Henry Zhang, Founder and CEO of DigiFT. “By adopting Chainlink CCIP and Proof of Reserve, we are not only expanding DigiFT’s cross-chain reach but also elevating the transparency, security, and reliability of our tokenized RWA offerings. This collaboration strengthens our ability to create an interconnected ecosystem between Web3 and traditional financial services, driving greater adoption and trust among institutional investors.”

“Chainlink CCIP and Proof of Reserve are crucial components for both onchain protocols and traditional financial institutions. We look forward to working with DigiFT to expand the utility and accessibility of their tokenized RWAs with the Chainlink platform,” said Vince Turcotte, Head of Business Development, Banking and Capital Markets, APAC at Chainlink Labs.

Chainlink

Chainlink is the universal platform for pioneering the future of global markets onchain. Chainlink has enabled over $16 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

About DigiFT

DigiFT is Asia’s first regulatory-compliant exchange for on-chain real-world assets to be licensed by the Monetary Authority of Singapore as a Recognised Market Operator and Capital Markets Services provider. DigiFT enables asset owners, particularly financial institutions, to issue blockchain-based security tokens that investors can trade with continuous liquidity using an Automated Market Maker (AMM).

Established in Singapore in 2021, DigiFT is dedicated to meeting regulatory requirements in the markets it operates in, while delivering innovative yet responsible financial solutions that push the boundaries of financial services.

DigiFT’s founding team consists of seasoned executives who have held senior positions at Citi, Standard Chartered Bank, Morgan Stanley, and the Shenzhen Stock Exchange. Their combined expertise spans both traditional and decentralized finance, demonstrating proven track records in the digital assets space.

In a major step toward advancing crypto payments, AEON, the next-generation modular payment protocol, will integrate the TRON network as its underlying crypto payment infrastructure. This collaboration opens new opportunities for seamless crypto payment across the TRON ecosystem.

The integration will enable decentralized applications (dApps) on TRON to accept crypto payments via AEON. AEON’s robust infrastructure simplifies the implementation of various payment methods, such as subscriptions and tipping, making it easier for developers and dApps on TRON to offer diverse payment options. This streamlined process will reduce barriers to adoption, providing faster and more efficient payment experiences within the TRON ecosystem.

TRON, known for its scalable and efficient blockchain network, complements this integration by providing a robust platform for dApps. With fast transaction speeds and low fees, TRON ensures that dApps can leverage AEON’s advanced payment infrastructure without compromising on performance.

Together, this collaboration creates a powerful synergy, enhancing the functionality of the TRON ecosystem. Users will benefit from a wider range of payment features, while developers could build more versatile and innovative applications. The expanded capabilities not only strengthen the TRON ecosystem, but also push the boundaries of decentralized finance and blockchain applications.

As blockchain technology continues to evolve, AEON remains focused on driving innovation in cross-chain payments. This upcoming integration with TRON is a critical milestone of AEON’s vision to transform how payments are handled in the decentralized world.

With a commitment to simplifying blockchain transactions and fostering a more unified Web3 future, AEON will continue to push forward; building solutions that benefit developers, users, and the entire blockchain ecosystem.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2024, it has over 262 million total user accounts on the blockchain, more than 8 billion total transactions, and over $18 billion in total value locked (TVL), as reported on TRONSCAN.

About AEON

AEON is a next-generation modular payment protocol designed to unify the standard of crypto payments and enable real-world connectivity. By simplifying the integration, processing, and settlement of crypto payments, AEON offers low-cost, verifiable, and secure payment processing.

Developing a robust crypto payment standard akin to Visa, AEON aims to connect web3 infrastructures with mass adoption use cases, ensuring adaptability, liquidity, and efficiency and supporting on-chain payment methods such as subscriptions, global fiat rails, and tips.

In today’s financial world, where every decision can significantly impact success, choosing a reliable broker is key.
Stellar Invest is headquartered in Canada but is actively expanding into the European financial sector, offering cutting-edge brokerage services for investors and traders. With many years of experience in the North American market, the company has deep expertise in asset management and strategic financial consulting. As it enters the European market, the company aims to tailor its offerings to local regulatory standards and customer expectations, providing flexible solutions for private and institutional investors.

About the company:

Stellar Invest presents a revolutionary solution for modern users, combining financial services and advanced technologies, including artificial intelligence (AI), for real-time market data analysis. This allows users to receive precise trading signals and capitalize on market opportunities with maximum efficiency. Stellar Invest offers a full range of assets for CFD trading: Forex, commodities, indices, stocks, and cryptocurrencies.

As the CEO of Stellar Invest stated: “We understand that traders need more than just access to markets. They need service. Our business model allows us to grow with our investors.”

Best and unique adjusted AI system for smooth analysis of the market

Artificial intelligence (AI) plays a key role in Stellar Invest’s strategy, enabling clients to use cutting-edge technologies for more successful trading. Thanks to AI, the platform analyzes vast amounts of market data in real-time, identifying patterns and trends that are impossible to detect manually. This gives traders the ability to react more quickly to market changes and make more informed decisions. Additionally, the AI system helps clients by providing personalized recommendations based on their trading habits and goals.

In conclusion, Stellar Invest is more than just a broker. It’s a comprehensive system for traders, combining technological innovations, an experienced analytical approach, and broad trading opportunities on global markets. The use of AI, the advanced Stellar Invest platform, and the variety of assets make them an ideal partner for those seeking success in the world of finance.

Website: https://investstellar.com/

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

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

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

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

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

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

About Camino Network

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

Learn more: https://camino.network/

About Outlier Ventures

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

Learn more: https://outlierventures.io/

Redbrick (CEO Yeongmo Yang), a gaming creation platform, announced that following a domestic patent registration last August, it has also secured a U.S. patent for its “Open Metaverse Creation System.” With this recent acquisition of a U.S. patent, Redbrick has reaffirmed its technological prowess in the global market and has further enhanced the connectivity and scalability among its platforms.

The “Open Metaverse Creation System” is a groundbreaking technology that enables creators to synchronize their game content across multiple platforms. This system allows creators’ content to move freely among various platform services, enabling consolidated revenue management within a single system. Previously, content distribution and revenue generation in metaverse and gaming platforms were confined to individual platforms. However, Redbrick’s technology now enables free movement of content and revenue management across multiple platforms.

With this patent, Redbrick is fostering an environment where creators can continuously generate revenue across diverse platforms. Beyond marketplaces, particularly in advertising and content usage fees, Redbrick has introduced a revenue-sharing model with partners to help creators secure more stable earnings.

CEO Yang stated, “In addition to enhancing our open metaverse technology, we are also developing AI features and capabilities that allow creators to collaborate within our studios. We plan to continue advancing our technology to enable creators to undertake innovative creative activities.”

Redbrick’s technological achievements are providing new opportunities for various companies interested in utilizing game and metaverse content. Companies such as Telegram, Fusionist, OKX, Berachain, Bitlayer, Mode, Klaytn, ZetaChain, and Kroma can now easily create content using the “Redbrick Engine,” leveraging open metaverse technology to upload game content to their own websites or apps. This is expected to significantly enhance collaboration with various enterprises.

Redbrick is a tech start-up founded in 2018, aiming to popularize game and metaverse creation. It provides a cloud-based 3D creation engine, which has lowered entry barriers to traditionally complex and difficult game creation. Redbrick’s 3D creation engine utilizes artificial intelligence-generated content (AIGC), educational technology (EdTech), and blockchain technology, making it easy and fast for anyone to create games, metaverse, VR content.

XinFin XDC Network, an EVM-compatible Layer 1 blockchain, and Foundership, the leading global Web3 accelerator, have announced the kickstart of the 12-week XDC 0xCamp accelerator program. This initiative is designed to provide a transformative platform for 6 innovative startups selected from hundreds of applications worldwide. These startups will participate in a comprehensive 90-day Token Launch Ready program, aimed at accelerating their growth and success within the Web3 ecosystem.

In addition to mainnet integration with the XDC Network, each project will mint its native tokens on XDC and contribute unique products and protocols across diverse sectors such as Real World Assets (RWA), SocialFi, Gaming, Sports, and DeFi.

The XDC 0xCamp program offers these startups strategic guidance from best-in-class industry mentors, helping them refine their business ideas, design effective tokenomics, develop go-to-market strategies, and receive technical support—all crucial elements for a successful token launch.

A key highlight of the program will be a demo day held during Token2049 in Singapore with the Web3 venture capitalists and angel investors will be invited to meet the startups ready for investment.

By the end of the program, each startup qualifies to receive up to $100,000 in investments from XVC Tech, based on the milestones achieved in the Token Launch Ready Program.

The participating teams comprise remarkable founders developing the next generation of groundbreaking products and protocols, leveraging the XinFin XDC Network’s Layer 1 technology. Foundership will provide contextual acceleration tailored to each startup’s specific needs, covering areas such as tokenomics, business growth, KOLs (Key Opinion Leaders), launchpads, exchanges, market makers, and all other essential elements required to achieve a Token Generation Event (TGE) upon Program Completion.

Ritesh Kakkad, Co-Founder at XinFin XDC Network, stated: “The launch of the XDC 0xCamp Accelerator Program represents a pivotal moment for the Web3 space. By partnering with Foundership, we are opening new avenues for startups to innovate and build on the XDC Network. Our network is designed to support and scale groundbreaking projects, and we are excited to see the transformative solutions these teams will bring to the Web3 ecosystem. This initiative not only fosters technological advancement but also strengthens our commitment to empowering visionary entrepreneurs who are shaping the future of blockchain”

Santosh Panda & Bimlesh Gundurao, Co-Founders at Foundership, said: “We are super excited to announce the teams joining us on the XDC 0xCamp accelerator program. The 6 teams are leading the way in building truly multichain applications leveraging the XinFin XDC Network Layer 1 tech stack, and we are super excited to support them in their progress and token launch on XDC Network.”

Pranav Agarwal, Head of Capital at Foundership, said “With this program, we are supercharging the XDC ecosystem with live projects, having a great community and long-term vision. This is a true value addition for all stakeholders”

Aneri, Head of Ecosystem & Investments at XVC Tech, said “At XVC Tech, we are committed to investing in innovative projects that demonstrate strong potential for long-term success within the Web3 ecosystem. We believe that the projects emerging from this program will play a pivotal role in shaping the next wave of Web3 innovation on the XDC Network.”

For more information, please visit: foundershiphq.com/xdc-0xcamp

About the Shortlisted 6 projects:

XinFin XDC Network and Foundership are pleased to present the 6 startups participating in the XDC 0xCamp program: Akka Finance, Zayn Network, MetaSoccer, Earnscape, Panenka FC and Fandora.

1. MetaSoccer

MetaSoccer lets users become a true club owner, earning rewards through skillful management and strategic gameplay. Link: https://metasoccer.com/

HQ – USA

2. Zayn Network

The Modular ZK L2 uniting Bitcoin & Ethereum Unlocking Bitcoin liquidity through EVM dApps for the next billion users. Link: https://zayn.network/

HQ – Singapore

3. Akka Finance

Trading, potentially earning, and owning crypto on the all-in-one multichain DEX. AKKA is a cross-chain solution enabling seamless liquidity access and service aggregation across multiple blockchains, fostering interoperability, programmability, and user experience in the web 3.0. Link: https://app.akka.finance/swap?chain=xdc

HQ – Dubai

4. Fandora

Bringing Content, Brands and Web3 together.India’s first Content IP tokenization and World’s first Web3 Advisors NFT platform. Link: https://fandora.app/

HQ – India

5. Panenka FC

Panenka FC utilizes smart contracts on blockchain to automate and decentralized game room management and rewards distribution. Link: https://www.panenkafc.gg/

HQ – Singapore

6. EarnScape

Earnscape offers reward systems to increase user retention and new traffic. Earnscape’s initial focus is on gaming using blockchain to enable reward disbursement. Link: https://earnscape.io/

HQ – USA

The Reserve Bank of Australia (RBA) announced on August 6 that it had decided to keep the cash rate target unchanged at 4.35% and the interest rate on foreign exchange balances unchanged at 4.25% after its latest policy meeting. Although inflation has declined since its peak in 2022, it remains above the target range. According to the latest data, the Consumer Price Index (CPI) rose by 3.9% in the quarter to June, which is closely in line with the forecast for 2022. May Monetary Policy Statement. Inflation continues to run significantly above the target range of 2-3%, reflecting the continued pressure and uncertainty facing the Australian economy.

The Reserve Bank of Australia stated that the process of reducing inflation will be slow and uncertain. Inflation is expected to return to the target range by the end of 2025. The latest forecasts indicate a slowdown in economic growth, a tight labor market, and wage growth still above what trend productivity growth can sustain. These factors suggest that there are upside risks to inflation, particularly in the context of persistent inflation in the services sector and high unit labor costs. Furthermore, global economic uncertainties and geopolitical factors could significantly impact Australia’s economic outlook.

In this context, ROKOS CAPITAL MANAGEMENT PTY LTD (RCM), a global leader in alternative investment fund management, is actively navigating the current complex market environment. Headquartered in London, RCM specializes in generating uncorrelated returns through directional and relative value trading across global macro asset classes. The company has offices in New York, Singapore, Hong Kong, and Australia, with a global presence that helps RCM respond to market fluctuations in real-time.

ROKOS CAPITAL MANAGEMENT emphasizes that in the face of current global economic uncertainties, the company continues to adopt innovative and prudent investment strategies. RCM’s core portfolio structure consists of multiple intersecting product verticals designed to provide stable returns for investors under all market conditions. The company utilizes advanced quantitative analysis methods and artificial intelligence technologies to monitor and analyze market dynamics in real-time. RCM’s proprietary algorithmic trading system can quickly identify market opportunities and execute precise trading instructions, capturing more investment opportunities amid market volatility.

In the current economic environment, risk management is particularly crucial. ROKOS CAPITAL MANAGEMENT has a dedicated risk management team responsible for comprehensively assessing each investment to ensure effective risk management during periods of market turbulence. By closely monitoring market conditions and adjusting investment strategies in a timely manner, RCM is committed to maximizing returns while keeping risks within a reasonable range.

Looking ahead, both RCM and the Reserve Bank of Australia are closely monitoring developments in the global and domestic economies. The Reserve Bank of Australia reaffirmed that its primary objective remains to return the inflation rate to the target level within a reasonable timeframe and will exercise caution in future policy decisions. Meanwhile, ROKOS CAPITAL MANAGEMENT will continue to pursue optimal returns for investors in an uncertain market environment through its innovative investment strategies and rigorous risk management.

In an uncertain global economic outlook, ROKOS CAPITAL MANAGEMENT’s strategy demonstrates that despite a challenging economic environment, investors can still find opportunities through innovative and flexible strategies.