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Codex Crypto Live Art Auction Raises Over $190,000 for Blockchain Charity

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cryptocurrency and decentralized registry for unique assets has announced that it has raised over $190,000 at a live art auction, which will be donated to the Foundation for Arts & Blockchain.

Live Art Auction Raises $140,000 for Unique Cryptokitty

Over the weekend, Codex Protocol, a decentralized title registry for the $2 trillion arts & collectibles (A&C) ecosystem, which includes art, fine wine, collectible cars, antiques, decorative arts, coins, watches, jewelry, and more, held the Live Codex Charity Art Auction at the Ethereal Summit in New York City.

Streamed live in partnership with LiveAuctioneers, the auction raised $192,350, all of which will go to the Foundation for Arts & Blockchain, a charity established to support artists creating art on or about the blockchain. According to an announcement, the most notable sale was the one-of-a-kind Celestial Cyber Dimension Cryptokitty, which sold for a record $140,000, approximately 203.41 ETH.

The Cryptokitty was custom made by CryptoKitties’ Director of Art, Guilherme Twardowski, and features a physical manifestation of the digital art by implanting the cat’s private key in a physical statuette.

Mark Lurie, Codex CEO, said that support from those in attendance reaffirmed that the blockchain can be used to ‘unlock the value of art and collectibles,’ adding:

“When we founded Codex, cryptowealthy investors had few avenues to access this lucrative asset class. Now, thanks to the hard work and determination of our dedicated team and the support of our industry consortium, we are proud to say that Codex is no longer just a concept, it’s a tried and tested reality. Through our live auction at Ethereal Summit, we have proven that the cryptowealthy want to invest in and collect art & collectibles and that the Codex platform can unlock value for collectors, intermediaries, and artisans alike.”

Other featured artworks at the live art auction included those from renowned blockchain-artists Jessica Angel, Kevin Abosch, and Yiying Lu, whose print of the iconic ‘Lifting A Dreamer,’ better known as the ‘Twitter Fail Whale,’ was auctioned for $12,000.

The live auction showcases the potential that the Codex Protocol has to inspire and encourage the arts and collectibles community to seek verifiable provenance and authenticity from an increasingly opaque system. With a range of new partnerships to the Codex Consortium, Codex is aiming to provide users, of varying roles and responsibilities within the industry, with the tools necessary to participate in the market with greater security and transparency.

Powered by the BidDex native token, the Codex Protocol is open source, allowing third party players in the A&C ecosystem to build applications and utilize the title system. Codex’s landmark application, Biddable, is a title-escrow system built on the Codex protocol, which solves long-standing challenges in auctions: non-performing bidders, lack of privacy, and bidder access.

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Miracle Cash & More launches novel liquidity pool on the popular Avalanche blockchain

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Miracle Cash & More, a leader in decentralized finance (DeFi) innovation, is proud to announce the launch of its new liquidity pool on the Avalanche blockchain. This innovative pool, called Phoenic Leveller, marks the first platform to enable users to leverage their liquidity positions—a breakthrough in the world of DeFi. By offering this capability, Miracle Cash & More aims to provide traders with increased flexibility and expanded opportunities to maximize their returns.

Unlocking access to borrow and trade larger positions

The Phoenic Leveller liquidity pool allows users to amplify their liquidity positions, unlocking new potential in a rapidly evolving financial landscape. Leveraged liquidity trading is a cutting-edge feature that distinguishes this platform from traditional liquidity pools, where participants are typically limited to simply providing liquidity. With Phoenic Leveller, traders can now utilize their existing assets to borrow and trade larger positions, opening the door to higher returns and more dynamic trading strategies.

Harnessing the power of the Avalanche blockchain, Phoenic Leveller benefits from the network’s high scalability, low fees, and fast transaction times. Avalanche’s infrastructure ensures that traders experience a truly efficient trading environment, whether they are just entering the world of DeFi or are seasoned professionals. By combining leverage with Avalanche’s advanced blockchain technology, Miracle Cash & More has created a platform that is both accessible and sophisticated, catering to users at all experience levels.

Phoenic Leveller combines with Avalanche in a secure and scalable ecosystem

“We’re incredibly excited to introduce leveraged liquidity trading through Phoenic Leveller,” said Hakan Törehan, CEO of Miracle Cash & More. “This innovative product, born from our Code Node investors, is set to become an on-chain NFT and marks a pivotal advancement in the DeFi space. By integrating with Avalanche, we’re providing traders with a secure, scalable, and dynamic environment to maximize opportunities. It’s a true game-changer in how people engage with decentralized finance.

This launch also aligns with our recent strategic partnership with Ingenico, a global leader with a POS merchant network of over 40 million units, further demonstrating Miracle Cash & More’s commitment to shaping the future of financial technology.”

The benefits for users of Phoenic Leveller are significant. With the ability to leverage liquidity, traders can potentially increase their returns by accessing more capital than they initially contribute. This creates greater flexibility in their trading strategies, allowing for more effective risk management and capital efficiency. Miracle Cash & More’s intuitive platform design makes these advanced features accessible to both novice and experienced traders. The low transaction fees and quick settlement times provided by Avalanche make the platform cost-effective and efficient, ensuring that users can focus on their trading without unnecessary delays or expenses.

Smart contracts for high level transparency

Moreover, the platform’s security measures are bolstered by the use of smart contracts, which automate transactions and provide a high level of transparency and protection for users’ assets. In practice, this means that users can trade with confidence, knowing that their positions and liquidity are safeguarded within a secure blockchain framework.

The launch of Phoenic Leveller is part of Miracle Cash & More’s broader strategy to expand its service offerings in the DeFi space. By integrating advanced trading capabilities into its platform, Miracle Cash & More is positioning itself as a leader in decentralized finance innovation. Phoenic Leveller is just one of several initiatives aimed at providing users with more control over their financial positions and more opportunities for growth in the blockchain economy.

Miracle Cash & More also supports the Phoenic Token, which plays a central role in its ecosystem. The company has implemented a strategic acquisition plan, allocating a portion of its monthly revenue to purchasing Phoenic Tokens. This buy-back initiative is designed to support the token’s market value, ensuring stability and growth for both the platform and its users. Through the Phoenic Leveller platform, users can also trade Phoenic Tokens for other supported cryptocurrencies, providing even greater flexibility and liquidity within the ecosystem.

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SynFutures Launches Automated Yield-Generating Feature for Margin Tokens

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SynFutures (www.synfutures.com), the leading DeFi derivatives protocol, announced the launch of The SynFutures Vault on Base. The Vault enables third-party providers to deploy individual vaults for each supported margin token, bringing new automated yield-generating strategies to SynFutures’ growing community.

Trading on a decentralized finance (DeFi) protocol requires time, energy, and strategy. For traders new to DeFi or the broader Web3 space, learning to trade and take advantage of the various earning opportunities can be overwhelming. The Vault provides an intuitive, user-friendly interface that makes it easy for users to access and manage their funds, lowering the barrier to entry for participating in DeFi trading.

To get started, users deposit funds into individual vaults, which third-party providers actively manage. Individual vaults for each margin token allow users to diversify their liquidity provision across different assets, helping to reduce concentration risk in their portfolios. The funds are then leveraged to provide liquidity and execute trading strategies for the asset pairs associated with the margin token to optimize users’ returns while prudently managing the underlying risks.

Users can deposit and withdraw funds as needed (outside of vault suspension statuses), enabling them to dynamically allocate capital based on their trading requirements and market conditions. As the SynFutures platform expands to support new margin tokens, the Vault can seamlessly accommodate these additions, allowing users to increase their exposure to the evolving DeFi ecosystem continually.

“An important part of growing our DeFi derivatives protocol is educating our audience and improving the trading experience. The launch of SynFutures Vault highlights our protocol’s ability to support permissionless activities outside of asset listings and open the door to new yield-generating strategies for traders at all levels,” said Rachel Lin, co-founder and CEO at SynFutures.

In future phases, the Vault will expand to new chains as part of SynFutures’ multi-chain expansion strategy.

To access the SynFutures Vault, users can go to https://oyster.synfutures.com/#/vault/base/.

About SynFutures

SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and onchain order book model.

Backers include Tier 1 Web3 institutional investors Pantera Capital, Polychain Capital, Susquehanna International Group (SIG), Dragonfly Capital, Standard Crypto, and Framework Ventures, and the team has extensive experience at global financial institutions, fintech companies and blockchain technology companies such as Alipay, Bitmain, Credit Suisse, Deutsche Bank, Matrixport, and Nomura Securities.

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Granite Launches as First-of-its-Kind Bitcoin DeFi Liquidity Protocol Prioritizing Security and Trust

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The first-of-its-kind DeFi liquidity protocol focusing on redefining trust and security for DeFi

Granite, a groundbreaking Bitcoin DeFi liquidity protocol that empowers users with unprecedented security and control over their Bitcoin assets, today announced its launch. Incubated by Trust Machines, Granite represents a significant evolution in the DeFi landscape, setting new standards for transparency and user-centric financial services – all backed by the power of Bitcoin L2s.

Granite enables BTC users to access DeFi without centralized custodians by leveraging Stacks’ recently-launched Nakamoto upgrade and sBTC Bitcoin bridge. The Nakamoto upgrade increased Stacks’ block speed 100x while maintaining its unique proof-of-transfer (PoX) consensus mechanism and Bitcoin finality. sBTC is an open-source Bitcoin bridge secured and managed by an open network of Stacks validators via a threshold signature script on the Bitcoin blockchain, allowing for the permissionless and decentralized use of BTC in DeFi. Together, these upgrades pave the way for Bitcoin DeFi.

“Today there is no safe way to use BTC in DeFi,” said Blaize Wallace, Founding Contributor to Granite. “Protocols have decided to maximize returns at the cost of counterparty and protocol risk. Granite takes the opposite approach.”

Granite introduces a borrower-centric DeFi liquidity model that maximizes asset safety, minimizes liquidation risk, and allows users to tailor their risk exposure.

  • No rehypothecation: by never lending out borrowers’ collateral and only having a single borrowable asset per market, Granite eliminates the predominant DeFi “pooled-risk” model that exposes all users to the downside of the riskiest pool assets.
  • Liquidation to solvency: DeFi protocols typically liquidate 50-100% of a position, which can result in the loss of borrowers’ collateral. Granite instead uses “soft liquidations” which liquidate only to the point of solvency, allowing overextended borrowers the opportunity to weather downturns with minimal losses.
  • Offline position tracking: push notifications that track account health and interest rates allow borrowers to relax and receive relevant account alerts instead of staying glued to their screens.
  • Tranched LP positions: LPs can stake their positions to enter a junior risk tranche that may receive higher rewards, tailoring their risk profile, and all LPs are still protected by the protocol reserve as a first line of defense.

Despite being the most capitalized crypto asset, most bitcoin sits dormant and unproductive, unused by its holders. Other blockchains demonstrate a stark contrast, where their native cryptocurrency (such as ETH) is actively deployed to validators (staking) and in DeFi protocols as collateral or liquidity pairs. As a decentralized non-custodial protocol, Granite brings transparency to lending and borrowing that typically has not been seen on the Bitcoin blockchain, aiming to reverse this trend.

“At this time, only about 1% of bitcoin is used in DeFi, largely because Bitcoin users want to make sure their BTC is secure first and foremost,” said Muneeb Ali, CEO and Co-Founder of Trust Machines. “Granite’s security-oriented approach creates an opportunity to begin unlocking the remaining 99% of BTC capital. It’s the only liquidity protocol I would consider using with my BTC.”

“Bitcoin is the most valuable asset you will ever own,” added Wallace. “Don’t risk your stack to centralized wrappers or predatory liquidation schemes. Granite helps you access the value in your BTC as safely as possible. Never sell.”

For more information about Granite, readers can please visit http://www.granite.world

About Granite

Granite is a first-of-its kind Bitcoin DeFi liquidity protocol empowering users with unprecedented security and control over their Bitcoin assets, Granite represents the significant evolution in the DeFi landscape, with a mission of setting new standards for transparency and user-centric financial services – all backed by the power of Bitcoin L2s.

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Rilla Network Revolutionizes Live Sports Streaming Delivery and Experience

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Rilla Network is redefining live sports streaming by turning passive viewers into active participants. Its innovative protocol integrates interactivity and transactability natively, unlocking a new era of live-streaming experiences.

Rilla’s decentralized protocol enables users to contribute network capacity and earn rewards, while the network effects of value distribution foster deeper engagement and loyalty. Through real-time interactivity, audience members can transact directly during live streams, creating new economic models for the industry.

The Rilla platform features a viewership gamification and rewards framework, driving engagement with personalized experiences. Its hyper-granular analytics provide insights on a viewer-by-viewer basis, enhancing user experience and targeting. Additionally, consumption-based pricing and trustless billing ensure cost-efficiency and scalability with a logarithmic cost-to-serve model that keeps costs low even as audiences grow. Low-latency streaming further enhances viewer engagement.

With the traditional economics of live streaming becoming unsustainable, Rilla offers a solution to capture second-order network value, some of which is already lost to third-party networks such as social media. By integrating interactivity and transactability, Rilla ensures that the value generated remains within the live stream, benefiting content creators and viewers.

Co-founder and CEO, Hal Smith Stevens, said: “Today’s streaming models are outdated. Rilla Network enables fluid transactivity and audience interactivity, empowering viewers to engage actively with the content and the community. We’re transforming live digital experiences.”

Rilla Network has closed two funding rounds this year, including an angel and pre-seed round, raising a total of $3.5 million. The rounds were led by Blockchain Founders Fund and Blockchange Ventures, respectively.

Managing Partner at Blockchange Ventures, Ken Seiff, stated: “Rilla Network is transforming live streaming by addressing key inefficiencies and introducing innovative ways to enhance audience interaction and monetization. Its decentralized approach and ability to capture second-order value sets it apart as a true game-changer in live sports streaming. We’re thrilled to support such a forward-thinking team.”

The funds are being used to launch Rilla’s protocol through a pilot program in collaboration with major players in sports streaming. The company plans to run high-profile pilots before seeking seed funding in Q2 2025.

About Rilla

Rilla Network is a decentralized live-streaming protocol. Rilla is based in Dubai, UAE with world-class team members contributing globally. The founding team has decades of experience in software development, content streaming services, Web3, blockchain, AI, and machine learning. Learn more at https://rilla.network.

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Unitas Protocol Upgrades Smart Contract and Completes Security Audit By ChainLight

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Unitas, a DeFi stablecoin protocol addressing emerging markets’ dollar shortage issues in transactions and cross-border payments, has successfully upgraded its smart contract to the second stage. Prior to deployment, the smart contract was audited by ChainLight, a trusted Korea-based security firm under Theori with expertise in both Web2 and Web3 domains.

As a result, there is no high or critical issues found in Unitas Protocol, and 3 medium and 3 informational issues identified by ChainLight were fixed by the Unitas team. The full audit report is available on the Unitas Foundation website.

“The Unitas team demonstrated a high level of preparedness for the audit, with comprehensive documentation and robust testing procedures in place. We also enjoyed auditing the Unitas protocol because the concept itself was innovative,” said Brian Pak, CEO & Co-Founder of ChainLight. “It is important to note that potential risks may arise from macroeconomic factors or flaws in the source code, which require continued monitoring and management.”

Unitas Protocol mainnet was live on 31 July 2023 and before that, the testnet was launched after completing smart contract security audits by Sherlock. “Security and stability of the smart contract are the top priorities of Unitas,” said Sun Huang, co-founder and Chief Technology Officer of Unitas Foundation. “To ensure the best quality of Unitas protocol, each stage of the smart contract must undergo independent, multiple, and varied audits by different external third parties.”

In the first phase, Unitas protocol allows anyone to mint unitized stablecoins with USDT. It “unitizes” a USD stablecoin (e.g., USDT) into one local currency unit. The first unitized stablecoins open to minting are USD91 (INR-pegged), USD971 (AED-pegged), USD84 (VND-pegged), and USD1 (USD-pegged).

The first phase is focused on user engagement and application. The second phase, set for launch in September, centers on the role of Insurance Providers (IPs), who lend their USD stablecoins to the protocol to support its over-collateralization, a process known as “IP staking”. With the participation of IPs, including auctions, profit sharing, and 4REX token issuance, the Unitas protocol will operate independently and organically. For more details, please refer to the whitepaper.

Unitas Protocol is built for real-world stablecoin applications, solving USD liquidity issues in developing countries like India and Vietnam. Unitas Foundation will co-host the second edition of the Stablecoin Summit with the blockchain-enabled financial institution XREX Group on 20 September this year at Andaz Singapore.

About Unitas Foundation

Unitas Foundation is a non-profit organization founded in 2022. Unitas Protocol operates exogenously over-reserved stablecoins pegged to emerging market currencies. These stablecoins unleash emerging market potentials by facilitating foreign investment, cross-border payment, global market access, DeFi participation, efficient USD liquidity, and more.

About ChainLight

ChainLight is a blockchain security firm founded in 2016. Our clients span both Web2 and Web3 domains, including industry giants such as Microsoft, Samsung, Google, LG Electronics, Hyundai, DARPA, Upbit, Bur, Blast, and zkSync.

We are renowned for maintaining a record of zero client compromise and winning numerous CTF (Capture The Flag) hacking competitions. Additionally, we are a proud member of the Security Alliance (SEAL) led by Samczsun, Head of Security at Paradigm, committed to elevating the standards of blockchain security.

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Merkle Trade, Gamified Perp DEX on Aptos, Launches TGE Sequence

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Merkle Trade, the first gamified perpetual futures decentralized exchange (DEX) based on Aptos, the secure, scalable and feature-rich Layer-1 blockchain, is introducing its Token Generation Event (TGE) Sequence, uniquely featuring both Genesis Staking and a Liquidity Bootstrapping Auction (LBA). Backed by prominent investors like Hashed and Arrington Capital, Merkle Trade is building off the success of Genesis Staking that began July 25th, to launch its LBA running from August 29th to September 5th.

The LBA will offer early users exclusive USDC rewards for staking for an extended period. Merkle Trade differentiates from other perpetual DEXes with its focus on accessible and enjoyable trading for everyone, including casual traders. Users can start trading perpetual futures with as little as $2 in collateral, while enjoying gas-free transactions and a seamless user experience with order execution that doesn’t require constant signatures (i.e. 1-click trading). Its focus on user-friendly features has driven rapid growth, with Merkle Trade surpassing $12.9 billion in cumulative trading volume and attracting over 124,500 traders while becoming one of the top fee-generating protocols on Aptos.

Building off this traction, the project has launched a unique Token Generation Event (TGE) Sequence, introducing Genesis Staking and the Liquidity Bootstrapping Auction (LBA) as different ways for users to engage with the platform. These options are tailored to benefit both existing users and newcomers to provide diverse strategies to secure MKL tokens, manage positions, and earn additional rewards.

Genesis Staking allows preMKL holders to retain their MKL tokens while earning USDC rewards. These rewards are sourced from a portion of the protocol’s revenue and include access to a special reward pool with up to $200,000 in additional benefits. An impressive milestone has been reached with over 3 million preMKL tokens staked for an average duration of more than 20 weeks, accounting for over 22% of the circulating supply at the time of the token launch.

Liquidity Bootstrapping Auction (LBA) offers an opportunity for both existing users and newcomers to deposit USDC and/or preMKL over a 7-day period, during which the ratio between the two assets will establish the initial launch price of the MKL token. In return, participants receive MKL-USDC LP tokens, which come with dual rewards, including a share of 1% of the total MKL supply and trading fees generated by the pool.

Participants are encouraged to carefully evaluate their financial goals and the unique benefits of each option within the TGE Sequence. Both Genesis Staking and the LBA are designed to offer valuable opportunities, allowing users to select the path that best aligns with their individual objectives. To assist in making informed decisions, the team has provided an $MKL TGE Cheatsheet, offering clear and concise guidance on navigating these options.

About Merkle Trade

Merkle Trade is the first gamified perpetual futures decentralized exchange (DEX) based on Aptos. It provides omnichain support, including EVM wallet integration via LayerZero. Backed by prominent investors like Hashed and Arrington Capital, Merkle Trade uniquely combines a high-performance, secure perpetual DEX with the engaging, social elements of popular online and RPG games. Believing that making directional bets on volatile assets like crypto should be fun for all, the platform has significantly lowered barriers to entry for crypto asset trading.

About Aptos Network

Aptos is the secure, scalable, and feature-rich L1 blockchain of choice for both developers and users—delivering the best performance, the highest throughput, and lowest latency. Aptos is the first blockchain to use the Move programming language, and is designed with simplicity in mind for the best builder experience. Aptos is the top choice for next-gen use cases, real-world applications, and the millions of users that come with them. If it’s happening in Web3, it’s happening on Aptos.

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PlayFi’s Genesis Node Sale Sells Out in Under 24 Hours, Signals Demand for Decentralized Content Network

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PlayFi, an AI-powered data network and blockchain tailored for the live content industry, announces its Genesis Node Sale sold out in under 24 hours. The sale, which took place on August 14, 2024, was a necessity to power its network strength and growth, after seeing over 70K transactions in just one week. The exclusive, small-batch offering consisted of 1,000 nodes priced at $400. The quick sell out signals promise of an eager community and anticipation for PlayFi’s network, which will make its debut on Mainnet in coming months.

While PlayFi’s main node sale will take place later in 2024, the need for the Genesis Node Sale was apparent after the network’s surge in activity. These nodes power PlayFi’s network and are necessary to expand the network’s capacity. Genesis nodes serve as a critical piece to the network infrastructure for AI processing, data management and storage, and to ensure consistency across the entire protocol.

“Selling out our first node sale in under 24 hours was an amazing signal from the community that they believe in our vision and understand the importance of nodes to grow the network,” said Ben Beath, founder of PlayFi. “While this node sale helps kickstart our network, participants are also having a direct impact on the future of live content. We’re thrilled to see that we have supporters who understand and believe in the same mission that PlayFi does to create a more powerful live content ecosystem.”

The success of the Genesis Node Sale not only validates the need for a robust and scalable network but also highlights the community’s strong engagement with PlayFi’s vision. As more nodes come online, the network’s ability to handle high transaction volumes and support complex live content applications will only grow stronger.

PlayFi is the first AI and data platform to enable web3 features to be built on top of live content. The protocol bridges the gap between content and actionable data, with infrastructure that allows studios and creators to seamlessly integrate blockchain primitives on top of games, streams, sports and entertainment content. PlayFi’s proprietary AI models extract data from content in realtime, validating it for authenticity and storing it on a high-availability data-edge network.

Find out more about PlayFi’s nodes at https://www.playfi.ai/nodes.

About PlayFi

PlayFi is transforming the live content landscape by seamlessly integrating advanced blockchain technology and AI. Utilizing our secure, scalable zkEVM blockchain, PlayChain, and AI-driven decentralized network, PlayBase, we offer fast transactions, innovative content development, and enhanced live content experiences. PlayFi empowers content creators, developers, node runners, and studios to unlock new revenue streams and build category-defining experiences without compromising core engagement. Adopters include leading content creators and developers aiming to create a richer, web3-enhanced live content environment. Backed by top-tier investors and partners, PlayFi is building a more connected, secure, and vibrant content economy. Learn more: playfi.ai.

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MetaCene launches industry’s 1st ServerFi-inspired product CARRY, driving gaming innovation

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MetaCene announced the official launch of CARRY, the industry’s first product inspired by Yale University scholar’s novel concept of “ServerFi,” which sparked great enthusiasm in the blockchain gaming sector, taking decentralized gaming economy and true asset ownership to new heights. Amidst the epic ongoing Gold Rush playtest on Mantle, the next-gen MMORPG, backed by the Spartan Group and Animoca, is making yet another groundbreaking move in the realm of blockchain gaming.

Redefining gaming Server Network

With a long-term vision to create an on-chain homeland for players worldwide, MetaCene first introduced the concept of Realms Server Network in its whitepaper, which was released in June. This network is designed to build an immersive virtual oasis that fosters gaming ecosystem diversity and interactivity.

Realms NFT is the core of MetaCene’s game server network, offering holders a range of benefits, including asset allocation, user invitations, player co-creation, governance, and rewards. Through Realms NFT, MetaCene aims to redefine the pursuit of governance, creation, and innovation in Web3 gaming.

Building on this vision, MetaCene swiftly launched the CARRY system, the first interactive product transcending traditional game server economy, designed to produce ServerPass. This system allows players to enjoy the fun of mini-games while gaining a tangible understanding and appreciation of MetaCene’s native Server Network.

About CARRY & ServerPass – The prototype of ServerFi

Players can now interact with the MetaCene CARRY system via ServerPass, an exclusive, limited-edition NFT that is soul-bound and non-transferable. Owning a ServerPass NFT grants its holder access to MetaCene’s in-game rewards and provides priority entry to the Realms Governance System.

By engaging in fun daily activities and lucky draws from a spin wheel encompassing prizes ranging from ETH, USDT, MetaCene governance token MAK and more, players can collect the nine elements essential for ServerPass NFT synthesis. A built-in P2P marketplace is also in place for element purchasing and trading to expedite the player’s journey to ServerPass. The CARRY marketplace has features such as Lowest Price, Highest Price, and Recent Listings, providing players with convenient and efficient search options, enabling them to quickly find and acquire desired assets.

The design of CARRY is to give MetaCene ecosystem participants an intuitive and immersive feel of the upcoming Realms Server Network, where value is distributed among communities and flows freely across the network to fuel organic, sustainable growth. Meanwhile, incentives await the trailblazers – ServerPass holders are eligible to the exclusive CARRY prize pool, which will be dynamically distributed based on the network’s block generation cycle, the daily prize pool volume, and the total number of ServerPass NFTs minted.

Impact of innovation

Founded by a team of gaming veterans with entrepreneurial ethos, MetaCene is built to be at the forefront of blockchain gaming innovation. To leverage decentralization’s advantageous traits in gaming to the fullest, MetaCene’s Realm Server Network was conceived to tackle the challenges in conventional GameFi tokenomics, organically integrating the economy aspect of on-chain gaming into its worldview and gameplay, establishing a new mutually beneficial relationship and bond between the game and its players. The privatization of assets is a form of empowerment to the gaming community, and through rewards and incentives, to nurture players to be part of and contribute to the game’s ecological health.

With CARRY and Realms Server Network, MetaCene is reimagining the way gamers engage with the blockchain open world. MetaCene is poised to set a new standard for Web3 gaming by involving its community into in-game governance and co-creation. The game is set to unveil the Realms Server Network as the listing of its governance token MAK approaches, while the Gold Rush test continues to be a global sensation.

Experience the innovation at carry.medicine.io

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Portal to Bitcoin announces three major integrations with Bitlayer, Sovryn, and Tari ahead of upcoming testnet launch

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Portal to Bitcoin, the groundbreaking platform dedicated to unlocking Bitcoin liquidity through the only truly trustless solution, proudly announces major strategic integrations with Bitlayer, Sovryn, and Tari as additional core components of its impending testnet launch.

“We are thrilled to announce the launch of our incentivized testnet and our union with these three outstanding partners, a significant step in our mission to unlock the full potential of Bitcoin liquidity,” said Chandra Duggirala, CEO of Tides Network and Core Contributor of Portal to Bitcoin. “Our commitment to providing a trustless solution is at the heart of everything we do, and our use of the Lightning Network and atomic swaps is a testament to this. This testnet is a crucial phase in our development, allowing us to fine-tune our platform while engaging with our community and rewarding their participation. We believe that Portal to Bitcoin will transform the way users interact with their Bitcoin, providing a secure, efficient, and user-friendly experience.”

Bitlayer is a Bitcoin sidechain/L2 solution that enhances scalability and privacy for blockchain transactions. By integrating Bitlayer, Portal to Bitcoin will be able to offer even faster transaction speeds and improved privacy features. Bitlayer’s BitVM-based technology allows for more efficient processing of transactions, reducing the load on the main Bitcoin blockchain and ensuring that users can enjoy a seamless experience.

“We’re thrilled to integrate with Portal to Bitcoin to bring top-level BTC-FI solutions to market,” said Charlie Hu, Bitlayer co-founder. “Killer applications like Portal will revolutionize the Bitcoin ecosystem, bringing highly sought after financial instruments to the most decentralized, most renowned, and most capital-injected blockchain in the world.”

This integration means that users will benefit from the combined strengths of the Portal Network and Bitlayer, providing a robust and efficient transaction environment. Enhanced privacy features will also ensure that user transactions remain confidential, further bolstering the security of our platform.

Sovryn is the leading Bitcoin Defi project to integrate the Sovryn Dollar (DLLR), an aggregated, BTC-backed stablecoin. The integration of DLLR into the Portal DEX will make it one-click tradable with native BTC using atomic swaps, with no bridges, wrappers or custodians. Sovryn users will also be able to trade against native Runes, Ordinals and other L1 and L2 assets, without the risk of pseudo-custodial solutions. Portal and Sovryn aim this partnership to boost the growth of their respective communities. The Sovryn team shared, “We’re excited Sovryn users will also be able to trade against native Runes, Ordinals and other L1 and L2 assets, without the risk of pseudo-custodial solutions. Portal and Sovryn aim for this partnership to boost the growth of their respective communities.”

Tari is an L1 focused on digital assets and the creation and management of digital assets such as tickets, loyalty points, and in-game items. The integration of Tari with Portal to Bitcoin opens up new possibilities for the tokenization and exchange of digital assets. Users will be able to trade these assets seamlessly, using Bitcoin as the settlement layer.

The Tari Team shared, “Tari teaming up with Portal to Bitcoin is like peanut butter and jelly, but for crypto. This dynamic duo is opening up new possibilities for tokenizing and exchanging digital assets, making Portal to Bitcoin the ultimate bridge between Bitcoin, Ethereum, and yep, Tari! Get ready, because this smooth way to move value between chains is bringing the future right to us!”

This integration not only expands the utility of Bitcoin within our platform but also bridges the gap between traditional digital assets and the world of cryptocurrencies. By leveraging Tari’s protocol, we can offer users a broader range of functionalities and use cases, making Portal to Bitcoin a versatile and comprehensive DeFi solution.

Portal to Bitcoin stands at the vanguard of DeFi innovation, offering users a revolutionary way to access Bitcoin liquidity without relying on centralized intermediaries or custodians. The platform achieves this through a unique integration of the Lightning Network and atomic swaps, ensuring complete security and decentralization. This combination of technologies allows users to conduct transactions and exchanges in a fully trustless environment, maintaining complete control over their assets. The result is a revolutionary approach to unlocking bitcoin liquidity, and is the only fully trustless solution in the marketplace.

At the core of Portal to Bitcoin’s capabilities is the Lightning Network, a second-layer protocol designed to enable instant, low-cost Bitcoin transactions. By utilizing the Lightning Network, Portal to Bitcoin significantly enhances the speed and efficiency of Bitcoin transfers, allowing users to move their assets swiftly and with minimal transaction fees. This is especially beneficial for traders and users who require quick access to their funds.

In addition to the Lightning Network, Portal to Bitcoin employs atomic swaps to facilitate direct peer-to-peer exchanges between Bitcoin and other cryptocurrencies. Atomic swaps are smart contract-based transactions that allow users to exchange one cryptocurrency for another without the need for a trusted third party. This eliminates counterparty risk and enhances the security of the exchange process. Users can trade directly from their wallets, ensuring that they remain in control of their assets throughout the transaction.

About Portal to Bitcoin

Portal to Bitcoin, formerly known as Portal DeFi, conceived by a team of veteran Bitcoin and AI engineers, is dedicated to empowering financial self-sovereignty. Portal is the only custody-less interoperability protocol for Bitcoin. Portal enables fast, low cost atomic swaps between native Bitcoin assets like BTC, Ordinals, and Runes, to L2s and other L1s. With Portal’s technical breakthroughs, there is no bridging or wrapping. User funds are always safe. Portal is backed by Coinbase Ventures, OKX Ventures, Gate.io, Arrington Capital, and many other prominent investors. For more information, visit https://portaltobitcoin.com.

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Blockchain

dVIN Labs Launches dVIN Protocol from Stealth to Tokenize the $1T Wine Asset Class

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dVIN Labs, the development team behind the dVIN protocol, today announced the launch of the dVIN Protocol (“dVIN” or the Protocol) from stealth. The dVIN protocol is built on Solana and is designed to leverage a combination of data, DePIN and tokenization to bring wine, a $1T real world asset class, on-chain.

David Garrett, Co-Founder & CEO of dVIN Labs, commented on the news, “We’re thrilled to announce the launch of dVIN Labs’s first protocol, dVIN, from stealth. By transforming each bottle into a unique digital asset, the tokenization of luxury wine enhances the social and economic dimensions of wine collecting and investing.”

The launch of dVIN is marked by the introduction of the Cellar Challenge, an initiative that enables participants to earn points by tokenizing bottles from their home cellar, and then opening those bottles and sharing each bottle with up to 12 friends to earn Tasting Tokens. Exclusive to dVIN, Tasting Token™ NFTs (“Tasting Tokens”) are functional NFTs connected to a Digital Cork™ NFT (“Digital Cork”). When a bottle is tokenized, it’s linked to a Digital Cork NFT on the blockchain. Tasting Tokens are minted when these bottles are opened and the Digital Cork is destroyed.

Collecting Tasting Tokens grants access to exclusive experiences and special rewards from winemakers. Over time, these NFTs serve as an immersive virtual tasting journal, allowing winemakers to engage directly with consumers at the moment of enjoyment and offer tailored incentives. The Cellar Challenge will not only generate valuable data but also facilitate the rapid acquisition of new users. Additionally by unlocking “Beast Mode,” luxury wine enthusiasts can rack up additional points in the challenge by competing to conquer one of the five leaderboards.

Club dVIN (or “the Club”), is the world’s premier global wine club providing members access to unparalleled wine experiences and exclusive benefits. The Club’s ~1,000 early adopters along with several of dVIN’s partner communities – including RealVision, CryptoMondays, Friends with Benefits, Madlads among others – will have the ability to join the Cellar Challenge early. For instance, RealVision ProCrypto members will receive special access and points, with every member getting at least 12,000 points if they join the challenge, and can earn up to 48,000 points if they complete all the quests!

Points accumulated in the Cellar Challenge will translate to a $VIN airdrop at the time of the token launch in Q3 2024 and others to be announced. For more information on the mechanics of the $VIN Token, see the $VIN Whitepaper.

Garrett concluded, “The Cellar Challenge will help wine enthusiasts engage with their collections and share their experiences, serving as both a sandbox and proof of concept, to showcase the capabilities of dVIN.”

dVIN Labs also recently partnered with SegMint GmbH (“SegMint”), a digital assets management platform, to fractionalize 12 bottles (0.75L) of Weingut Egon Müller 2022 Riesling Scharzhofberger Auslese, making them for sale via the platform here. Egon Müller is the only German producer to belong to the world’s most exclusive alliance of the 12 best family-owned wineries, Primum Familiae Vini, and its wines are some of the most coveted and collectible in the world, but also among the most costly ounce for ounce.

Which makes these bottles ideal first candidates for the first set of luxury wines offered as a more reasonable fractionalized investment via the SegMint platform. This is the first of many luxury wine listings that dVIN Labs plans to organize with luxury wine listings planned for RWA marketplaces like Jupiter’s Giant Unified Marketplace (“GUM”) and others to be announced.

About dVIN Labs

dVIN Labs is the development team behind the dVIN protocol which is designed to leverage a combination of data, DePIN and tokenization to bring wine, a $1T real world asset class, on-chain. The dVIN Protocol leverages blockchain technology to both allow wine enthusiasts to monetize their data and be rewarded for their wine activity, purchases, and loyalty. While winemakers simultaneously incentivize these wine lovers to share consumption data and personal data in order to drive deeper consumer relationships, making their businesses more responsive, efficient and profitable. To learn more about dVIN Labs and the dVIN Protocol, please visit: https://dvinlabs.com

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