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South Korea Lawmakers Discuss ICO

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South Korea has commenced an extraordinary session in the National Assembly to discuss regulation and measures to promote the cryptocurrency industry alongside ICO guidelines to eventually overturn the ongoing ban.

According to a Business Korea report on Monday, the short session – extraordinary sessions cannot exceed 30 days – in South Korea’s National Assembly will see relevant standing committees and lawmakers from parties across the political spectrum ‘discuss measures to promote the blockchain and cryptocurrency industry and create a guideline on initial coin offerings (ICOs)’.

The developments come at a time when lawmakers hasten to fast-track domestic regulations for the cryptocurrency sector with draft bills expected to be submitted during the session.

The session has seen lawmakers call on the Ministry of Science and the Information and Communications Technology (ICT) Ministry to prepare ICO guidelines for investor protections. The sessions are expected to field discussions calling for ICOs to be allowed in South Korea, with relevant investor protection safeguards in place.

As reported in May, the National Assembly’s Special Committee on the Fourth Industrial Revolution called on the government to allow domestic ICOs, accusing authorities of ‘neglecting duty’ following a sweeping, knee-jerk ICO ban that followed China’s lead nearly a year ago.

“Entrepreneurs looking to innovate should be allowed to raise funds through cryptocurrency,” Jeju Island governor Won Hee-ryong was quoted as stating in his call to allow ICOs on the island.

The session will also hear and deliberate the recent proposal from Jeju Island’s governor in seeking to create a ‘special zone’ for the blockchain and cryptocurrency sector wherein fundraising through ICOs will be permitted despite the current ban in the mainland.

Jeju Island, Korea’s most popular tourist island that sees a large number of domestic visitors, made the proposal to become a designated ‘special zone’ for the industry in a meeting with senior government figures that included Kim Dong-yeon, Korea’s finance minister, earlier this month.

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Trusted AI with OriginTrail: Join the fight against misinformation and participate in 1 million TRAC grants launched by Trace Labs

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OriginTrail’s trusted knowledge foundation was launched in 2018 to improve trust and transparency in global supply chains. Similarly, OriginTrail’s new knowledge-based AI framework now aims to instill trust in AI solutions. Trace Labs – OriginTrail core developers are announcing a 1.000.000 TRAC token grant program for contributors to help advance ChatDKG – the open source framework for trusted AI to help fight misinformation.

AI Challenges: Navigating the Pitfalls to Unlock its Potential

According to Goldman Sachs Chief Information Officer, Marco Argenti, “the impact of advances in generative artificial intelligence on society could be comparable to the printing press” and with over 91% of top businesses currently investing in AI (NewVantage, 2022), those opportunities might be seized at a very rapid pace. However, with the internet already flooded with misinformation, AI is likely to amplify the problem.

One of the major challenges with generative AI models, such as OpenAI’s ChatGPT, is the occurrence of hallucinations or errors in AI-generated outputs. These errors could lead to incorrect decisions and actions, which could have severe consequences for individuals and society. Ensuring information provenance in AI systems is also essential, as without it, bias, misinformation, and propaganda may arise.

Furthermore, it is essential to address the implementation of proper data governance approaches. In fact, some AI solutions have already been banned in the EU due to data governance issues (e.g., Italy’s ban on ChatGPT). This highlights the urgent need for precise data access management and equitable business models based on data ownership to ensure sustainable AI solutions.

Finally, AI’s value is currently being held back by the difficulty of finding and accessing data and knowledge that is locked in legacy systems and not being used as a contributing corpus of knowledge for AI-based solutions. Addressing these challenges will ensure the safe and effective implementation of AI and its benefits to society.

Decentralized Knowledge Graph (DKG) – trusted knowledge foundation

OriginTrail leads the development for decentralization of knowledge by enabling its discoverability, verifiability and information provenance. Its core technology, the Decentralized Knowledge Graph (DKG), has already proven valuable by facilitating trusted knowledge sharing in international trade for companies like Walmart and Home Depot, ensuring safety of rail travel in Switzerland and increasing transparency of healthcare supply chains for donated medicine.

The DKG is an open source network that brings together two technologies – blockchains and knowledge graphs. It creates a trusted knowledge foundation which is particularly useful for AI solutions as it makes it easy to search the DKG for the right knowledge, verify its provenance and interact with it.

ChatDKG – an open framework for trusted AI based on OriginTrail DKG

To accelerate the use of OriginTrail’s DKG with AI solutions, OriginTrail introduces ChatDKG – a framework for efficiently searching, accessing and utilizing trusted knowledge with AI tools. The ChatDKG framework is designed as an open community project exploring its diverse possible applications.

Supporting this effort, Trace Labs, the core developers of OriginTrail, are making a 1.000.000 TRAC grant pool available for contributors creating components connecting OriginTrail DKG with existing AI tools.

Join OriginTrail Discord channel (https://discord.gg/RYVx7t3sdU) to keep track of the grant program details as they become available over the coming weeks.

More about OriginTrail

OriginTrail is an ecosystem dedicated to making the global economy work sustainably by organizing trusted AI-grade knowledge assets. It leverages the open source Decentralized Knowledge Graph that connects the physical world (art, healthcare, fashion, education, supply chains, …) and the digital world (blockchain, smart contracts, Metaverse & NFTs, …) in a single connected reality driving transparency and trust.
Advanced knowledge graph technology currently powers trillion-dollar companies like Google and Facebook. By reshaping it for Web3, the OriginTrail Decentralized Knowledge Graph provides a crucial fabric to link, verify, and value data on both physical and digital assets.

Website: https://origintrail.io/

More about Trace Labs

Trace Labs is the core developer of OriginTrail-the open source Decentralized Knowledge Graph. Based on blockchain, OriginTrail connects the physical world and the digital world in a single connected reality by making all different knowledge assets discoverable, verifiable and valuable. Trace Labs’ technology is being used by global enterprises (e.g. over 40% of US imports including Walmart, Costco, Home Depot are exchanging security audits with OriginTrail DKG) in multiple industries, such as pharmaceutical industry, international trade, decentralized applications and more.

Website: https://tracelabs.io/

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Blocktrade Raises €4.5M Prior to Public Round of BTEX Token Sale

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Blocktrade, the gamified asset marketplace for everyone, has announced the close of its exclusive Blocktrade Exchange Token (BTEX) sale round, which ran from May 5th to 18th and followed a sold-out pre-sale round earlier this year. A total of €4.5 million worth of BTEX has been raised from over 1400 community members in 42 countries.

Christian Niedermueller, CEO at Blocktrade, said: “We are grateful for the overwhelming response and participation by Blocktrade VIP members to this exclusive token sale round. This show of enthusiasm points to the appetite amongst crypto users today for an accessible and engaging digital asset trading platform. We now look forward to continuing to enhance the experience on offer to Blocktrade’s ever-growing community.”

The BTEX token will enable users to engage in the Blocktrade gamified universe and wider ecosystem. BTEX holders will be able to access in-house and third-party games hosted on the Blocktrade platform, and use the token to unlock level fast passes, physical rewards, NFT avatars, token airdrops, trading bonuses, live chat and priority support, deposit and withdrawal discounts, and additional APY on staking. Token holders will also be able to utilize BTEX to access alternative payment options within partner ecosystems.

This announcement closely follows the platform’s launch of Blocktrade 3.0, the dawn of a new gamified universe which merges gaming elements with crypto investing. Blocktrade 3.0 introduces NFT avatars and a sophisticated level system to transform the way users learn about and engage with digital assets. Blocktrade’s native BTEX token is at the core of this ecosystem.

Blocktrade 3.0 is equipped with 50 unique levels, leaderboards, and challenges. Users advance to higher levels by passing a series of progression thresholds and earning BTEX tokens and XP points along the way. The universe blends innovations in gaming with disruptive Web3 technology, driving interactivity on the platform and empowering users to better navigate the crypto landscape with easy-to-digest education.

As part of its commitment to users, Blocktrade prioritizes security and regulatory compliance. The platform is fully transparent, with over 5,000 class-B shareholders, and regulated to EU standards. It is registered as a VASP with the Estonian, Italian, and Slovenian regulators.

About Blocktrade

Blocktrade is a state-of-the-art digital asset platform that enables the seamless buying and selling of cryptocurrencies with no trading fees. The platform offers a wide range of cryptocurrencies, a user-friendly interface, multiple payment options, saving plans, and exceptional customer support.

Established in 2018, Blocktrade has emerged as a leading player in the digital asset industry due to its unyielding commitment to security and regulatory compliance. The platform is fully transparent, with over 5,000 class-B shareholders, and regulated to EU standards. It is registered as a VASP with the Estonian, Italian, and Slovenian regulators and operates in full compliance with AML 5 guidelines.

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VIMworld Announces Millions in Reward Tokens for Active Users

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VIMworld, the leading blockchain-based NFT utility platform, is thrilled to launch a major upgrade to its rewards program. With this latest platform update, users can look forward to an array of new rewards for their actions within the VIMworld ecosystem. With new Leaderboard categories, expanded Leaderboard rewards, monthly giveaways on Gleam, and enhanced transparency in rewards distribution, VIMworld aims to enhance user engagement and provide even greater value to the community.

New Leaderboards

The highlight of this upgrade is the addition of new Leaderboard categories, enriching the competitive spirit within VIMworld. The previous category of Top Trader has been separated into Top VIM Trader, Top EGGs Trader, and Top Companions Trader for the most active users on the Marketplace. Each of these new categories will have dedicated Leaderboards for both VEED and BNB cryptocurrencies. This exciting change means that instead of two trading-related rewards, users now have a total of six rewarding categories to compete in, effectively tripling the available rewards.

Leaderboard Rewards

With these new Leaderboards, VIMworld unveiled updated monthly $POWA payouts for the new Leaderboard categories. Users will have the opportunity to earn significant rewards based on their performance and achievements in the Leaderboards. The new rewards structure aims to incentivize active participation and trading activities within the VIMworld platform. The table below outlines the monthly $POWA payouts for the all Leaderboard categories:

Monthly Giveaways

To reward additional actions on social media platforms, VIMworld launched a month-long giveaway with 1 million VEED in prizes spread across 20 winners. Anyone can enter by following official social media accounts, joining the VIMworld Discord, completing a survey and referring friends. Enter into the May giveaway until June 16 at Gleam.

Reward Visibility

To provide greater transparency and visibility, VIMworld has introduced a new feature within the Dashboard Rewards section. Users will now find a detailed, itemized list of all their VEED rewards. This comprehensive breakdown will showcase the specific sources of VEED rewards, including Companions, Blessings, and other means. This enhancement ensures that users can easily track and understand how they are earning VEED within the VIMworld ecosystem.

VIMworld 101

To get started, users can purchase a new SmartNFT in the Arcade or a pre-owned one from the Marketplace, with a variety of tiers and treasures. With a VIM in hand, users can expand their opportunities to play and earn further by purchasing Boxes in the Store, which contain unique and rare EGGs. Purchase an Incubator and a C-tier or higher VIM to match to start the hatching process which is now available for all users to enjoy.

VIMworld’s new upgrades add more ways to have fun and earn rewards, making it one of the most exciting platforms out there! Interested users can visit VIMworld, join the Discord or check out the Vision Video to learn more. VIMworld’s upcoming releases, which include games, decentralized finance (DeFi) features and greater multi-chain compatibility are just around the corner.

Access VIMworld now

VIMworld is a revolutionary non-fungible token (NFT) ecosystem that creates a space where entrepreneurship and play combine and thrive. At the heart of VIMworld are the VIMs, distinct and unchangeable digital assets that provide an unalterable system of verification. VIMs can incubate Companions from EGGS, which allow users to win instant jackpots, add unique abilities and stack gaming boosts, making VIMworld the ultimate NFT play-to-win-and-earn platform.

To connect to VIMworld and explore all features, download our purpose built crypto and NFT wallet, Nufinetes compatible with Apple and Android devices or desktop of choice. This comprehensive multi-chain wallet can be used across multiple popular blockchains, allowing users to interact with dApps, view NFT collections and store tokens in a secure, slick environment.

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Blockchain

Grape launches layer-1 ecosystem to power AI-driven decentralized internet

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Grape has announced the launch of its layer-1 ecosystem, powered by its DAG-based distributed ledger technology, Vine. The Grape team’s core vision is both true decentralization and global mass adoption of blockchain and Web3. For this reason, Grape set out to solve the core issues preventing both, such as Web3 and cryptocurrency being difficult to use or understand for the average person, the fact that almost none of the technologies used in Web3 are truly decentralized, and that there is no seamless ecosystem that can handle the demand needed for complex decentralized applications.

Grape is actively solving these barriers via:

  1. A complete ecosystem — bringing all of the necessary technologies into one ecosystem (decentralized file storage, adaptable smart contracts, DAG layer-1, AI tools, etc.) to create a single environment for the creation of decentralized assets and applications.
  2. True decentralization — creating a DAG core without supernodes or backdoors, making it completely user-powered and therefore 100% decentralized.
  3. Power for the future — the Grape team wanted to allow for the limitless creation of complex applications and content on Grape, so creating a system without hard limits on transaction processing was top priority. This has been achieved through Vine and its advanced node system. Each user node adds an additional 1,000 transactions per second in processing power to Vine. This means that by adding only 15 individual user nodes to Vine, it can be as decentralized as a coin like Bitcoin, with the ability to process as many transactions as major centralized systems like Visa, at 15,000 TPS. Increasing the amount of user nodes, Vine can easily power over 700,000 transactions per second while maintaining absolute decentralization. Nodes can be created easily via the wallet.
  4. Mass adoption — the Grape team believes that hyper simplicity, compatibility and usability are all key to the mass adoption of Web3 and cryptocurrency. For this reason, Grape is building ANNE, its AI Neural Network Engine, which will power its AI smart contract generator. Using this, users will be able to create complex decentralized websites and DApps in minutes to hours, rather than months and years. The Grape team believes that by making blockchain and Web3 easy to use, mass adoption is inevitable. By allowing anyone to produce DApps with text commands, the amount of decentralized sites and applications can go from hundreds a year to hundreds of thousands a year, creating adoption and perpetual growth while fostering ideas.
  5. Compatibility — the Grape team believes that making things as seamless and compatible with the industry as possible is important for the future. Things like EVM compatibility and integration into commonly used Web2 systems are being built into Grape’s core without compromising security and decentralization.
  6. Finance3 — Grape hopes to drive the decentralized finance revolution through key partnerships that combine the convenience of fiat with the privacy of cryptocurrency.

Taking part in Grape

Grape is offering two opportunities for users to get GRP before its full launch.

Grape distribution

The first is through its seven whitelist distribution rounds, where a limited number of people are able to take part in the distribution.

Grape airdrop

The second opportunity is through Grape’s airdrop. Those interested can increase their chances of getting up to $1 million USD in GRP. It involves joining their socials, tweeting about them, joining the testnet and email blasts. For an even better chance at whitelisting and a super drop, users should also invite people to help build the Grape community.

By participating early on in Grape’s platform, users can secure the lowest prices and potentially benefit from their substantial airdrops.

About Grape

Grape is a decentralized layer-1 ecosystem that aims to provide developers with the tools and infrastructure they need to create complex, future-proof Web3 applications. The contact information and social media pages below provide more information about this growing project.

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Tulipart․com Launches a Collection of Tulip NFTs Minted Daily Over 7 Years

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Tulipart.com is a collection of 10,000 unique tulip NFTs. Over a period of 7 years, 4 Tulip NFTs will be minted every day until the goal of 10,000 is reached. Each Tulip NFT consists of six different components, which range from common to exclusive, making them more or less rare.

New Tulip NFTs aren’t available for direct purchase; they are solely distributed to $LAND token holders via a lottery system. Participation involves holding and staking $LAND tokens. Staking a higher amount of $LAND tokens elevates the chances of acquiring a Tulip NFT each day.

$LAND tokens may be procured at no cost via the ongoing airdrop at Tulipart.com. Any Ethereum address holder can verify their participation eligibility. Ineligibility for the airdrop doesn’t impede the opportunity to procure $LAND on Uniswap, effectively enhancing the probability of winning a Tulip NFT.

About Tulipart

Tulipart.com is a cutting-edge platform fostering the innovation and creativity within the cryptocurrency and NFT landscapes. Based in Zug, Switzerland, a global hub for blockchain technology, Tulipart.com is the epicenter of a unique collection of 10,000 one-of-a-kind tulip NFTs, set to be minted over a period of seven years.

Those interested can visit Tulipart.com to claim their $LAND tokens, stake them, and win a Tulip NFT.

Tulipart website: www.tulipart.com
Airdrop page: https://www.airdrop.com/tulip
Opensea: https://opensea.io/collection/tulipart-1
Discord: https://discord.gg/h3xzdcHReN
Telegram: https://t.me/tulipart

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Technologies

Artificial intelligence and the crypto sphere: The evolution of financial technology

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In recent years, artificial intelligence (AI) has revolutionized many industries, and the finance industry is no exception. One example of a platform that combines AI and the cryptosphere is AI-Trader. Let’s take a look at how AI is transforming financial technology (fintech), and how AI-Trader is using these opportunities to create advantages in the market.

In the context of the financial sector, one of the main capabilities of AI is its ability to analyze huge amounts of data. AI can process a large amount of information, including historical data, news, social media and other sources, to gain a deep understanding of the current market situation. This allows trends to be predicted and improves forecasting accuracy.

In addition, AI algorithms can automate trading operations by performing technical and fundamental analysis, exploring market data, determining optimal entry and exit points, and even executing trades automatically. This significantly increases reaction speed and reduces the risk of human error and emotional impact on decision making.

The AI-Trader platform uses advanced machine learning algorithms to analyze cryptocurrency market data. This platform offers trading automation based on AI algorithms. It is able to quickly respond to changing market conditions and automatically execute trades according to predetermined rules and strategies.

Using AI-Trader allows traders and investors to significantly improve their results and protect their assets in the cryptosphere. Combining AI and cryptocurrency trading, AI-Trader opens up new horizons for fintech by providing more accurate analytical data, enhanced automation and personalized recommendations.

In conclusion, the convergence of AI and the cryptosphere has been a key factor in the evolution of fintech. Features such as those provided by the AI-Trader platform help traders and investors make more informed decisions, improve their trading results and protect their assets.

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Blockchain & loyalty innovators combine to form Kigo, a digital asset company leading a new era of Open Loyalty™

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Augeo, a global leader in loyalty and engagement technologies, announced today the formation of Kigo. Kigo combines Heaps, Augeo’s crypto loyalty subsidiary, and Thred, an innovative NFT engagement platform. The two ventures have collectively raised $16 million in funding, including $6.5 million in new commitments from Valor Siren Ventures and Augeo to accelerate the launch of Kigo.

As major brands seek to shape new experiences and embrace digital assets, Kigo trailblazes a new era of Open Loyalty™ defined by sharable experiences, ownable digital assets and cross-brand collaborations. Backed by Augeo’s decades of experience in loyalty serving hundreds of brands and millions of users, Kigo provides the platform and expertise to deliver Open Loyalty to the world.

“The tremendous promise of digital assets unlocks newly possible customer connections and community experiences,” said David Kristal, Founder and CEO of Augeo and Executive Chair of Kigo. “Kigo’s Open Loyalty platform delivers impactful and enduring moments for people to interact with the brands they love. This is significant for the future of loyalty engagement.”

Partnering with Kigo, organizations can create, distribute and manage blockchain-enabled customer, employee and membership experiences—from dynamic digital badges that amplify milestones to shareable rewards, personalized digital memberships and cross-brand collaborations at scale. Brands can also integrate an expansive digital rewards marketplace, where people can redeem loyalty rewards for hyper-relevant digital collectibles, commemoratives, access passes and more, in addition to leading cryptocurrencies like Bitcoin and Ethereum.

“The key to unlocking new value for people and brands lies in making experiences so intuitive that you don’t even realize you’re interacting with the blockchain,” said Peter Schultze, CEO of Kigo and former Heaps lead. “Kigo aims to bring the benefits of blockchain to people in the most meaningful and rewarding ways yet.”

“Brands are increasingly asking about digital assets in response to growing demand from their customers, members and employees,” said Ben Straley, President and Co-Founder of Kigo and former Thred CEO. “Kigo will seamlessly unlock consumer loyalty and elevate engagement by harnessing the power of digital assets and blockchain technology.”

“The combination of Heaps and Thred positions Kigo as the leader in digital asset loyalty. Kigo’s innovative solutions are unique in the space, and we are grateful to support the team while continuing our longstanding relationship with the Augeo team,” said Jon Shulkin, Fund Manager at Valor Siren Ventures and Co-President at Valor Equity Partners.

About Kigo

Kigo’s platform empowers companies to engage people through new forms of rewards, membership and recognition enabled by blockchain. Kigo was founded in 2023 by Augeo, a global leader in engagement technology, and former Starbucks, Amazon and Thred executive Ben Straley.

For more information, visit https://kigo.io.

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Technologies

EXBI to Announce New Launchpad Platform

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EXBI, a leading cryptocurrency exchange platform, has announced the launch of its new launchpad platform aimed at providing users with access to promising early-stage Web3 projects.

EXBI is taking a strategic shift to offer its users an accessible and transparent investment platform. The launchpad will operate on a centralized model that is well-known within the crypto community, similar to platforms like CoinList. It will provide a simple entry point for investing in promising Web3 projects, even for those who are new to the ICO and IDO scene. The platform will feature educational materials, a low financial barrier to entry, responsive support, transparency, and easy-to-understand projects designed to attract tens of millions of new users to the world of cryptocurrency.

“Based on our 8 years track record of venture investing in the crypto industry, we believe that the market is in great need of quality Web3 projects that offer clear utility and tangible benefits to everyday people. Our launchpad infrastructure will provide the perfect support system for launching new projects that anyone can invest in, regardless of their experience in сrypto.” says Arut Nazaryan, founder of EXBI.

EXBI has already started accepting applications from teams interested in launching their projects on the launchpad. The first token sale is scheduled to be announced in June 2023. In addition to fundraising, EXBI will also provide legal, financial, and marketing support to launchpad projects. Users will still be able to enjoy spot trading and staking on the exchange, with the added benefit of potentially gaining allocations in launchpad projects for the most active traders.

This new venture from EXBI marks an exciting milestone for the company and the broader cryptocurrency industry as a whole. With a focus on transparency, accessibility, and quality projects, the launchpad is poised to attract a new generation of investors to the world of crypto.

To celebrate the launch, the EXBI team has organized a promotional campaign on the Gleam platform. Through this campaign, users will have the opportunity to undertake straightforward quests, earning them XP (experience points) as rewards. A leaderboard will be formed, and the most active participants will be granted the special “Early Bird” status, which may grant access to allocations, exclusive NFTs, project tokens on the EXBI Launchpad, and other rewards in the future!

Join EXBI Community:
https://t.me/exbi_trade

Website:
https://exbi.trade/en?utm_source=telegram&utm_medium=article&utm_campaign=8

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Business

Unidef Introduces Decemount to Expedite Global Shift to Decentralization

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Today, Unidef (unidef.org), a global network of organizations focused on hastening the global shift to a decentralized future, proudly unveils its latest initiative, Decemount. This ambitious project seeks to fund and empower talented individuals and teams working on projects aligned with the vision of a decentralized future.

Decemount, also known as Unidef Decemount, is a vibrant global community composed of creators, builders, communities, organizations, and ecosystems dedicated to advancing the world toward a decentralized future. Decemount aims to cultivate an ecosystem of projects, infrastructure, and organizations that will develop into the largest network of decentralized entities, accelerate the global adoption of Unidef (U), and explore synergies connecting its value to the wider Web3 ecosystem.

Azim Ghader, Global CEO of Unidef, said: “The launch of Decemount marks a significant milestone for us, and we are thrilled to support teams worldwide who share our mission of accelerating the world’s transition to a decentralized future.”

Decemount allows like-minded individuals from diverse backgrounds to unite under a common goal: building a better future through decentralization. The initiative offers resources, training, and mentorship opportunities to help teams successfully develop their projects.

“We’re challenging the status quo and introducing a new paradigm in decentralization—one where people and communities hold the power to change the world,” Azim added. “That’s why we’re dedicated not only to supporting powerful tools but also ensuring that everyone has access to them.”

Unidef and its members are steadfastly devoted to promoting and advancing decentralized technologies, protocols, assets, entities, and initiatives that empower the world to control its finances, data, and identity and engage in a decentralized future. Unidef furthers its mission by strategically investing in entrepreneurs and organizations driving industry advancements and by awarding grants to diverse groups, individuals, and projects focused on decentralization and aligned with Unidef’s vision and mission.

With its launch today, Decemount marks an exciting new chapter for both Unidef and Web3 as a whole. As more projects join this network over time, it could potentially become one of the most influential forces driving adoption in this space for years to come.

About Unidef

Unidef is a global network of organizations working to accelerate the world’s transition to a decentralized future. It invests in and supports communities and builders of next-generation technologies, incubates creative ideas in the Web3 space, and provides institutional support and organizational backing.

For more information and updates, visit www.unidef.org and follow @UnidefGlobal on Twitter, Telegram, Instagram, and Facebook.

About Decemount

Decemount is a network of DAOs (Decentralized Autonomous Organizations) working together to empower the next generation of organizations with $U-governed initiatives. It is a part of Unidef’s interconnected network of organizations that work to accelerate the world’s transition to a decentralized future.

For more information and updates, visit www.unidef.org/decemount and follow @Decemount on Twitter, Telegram.

About Azim Ghader

Azim Ghader is an entrepreneur, investor, philanthropist, and the Global CEO of Unidef. He leads a global network of member organizations working together to accelerate the world’s transition to a decentralized future, empowering all individuals to take control of their finances, data, and identity.

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Technologies

Xive Brings Secure and Efficient Bitcoin Group Mining Services

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Xive is a Bitcoin group mining company run by industry experts and practicing miners aimed at making mining accessible to everyone. Xive’s customers can now enjoy a new product – efficient and secure group mining services. Xive’s group mining is the purchase of a group share of equipment placement in an arrangement of 50 and more ASICs. The main difference and advantage of group mining is that Xive’s customers purchase a share of the real farm, not simply hashrate.

Xive has been developing an advanced mining web platform since 2019. It allows efficient and accurate calculation of energy consumption and automated payment and demonstrates the performance of the latest equipment throughout the year.

Group mining farms with Xive have a transparent, automatic allocation of profits with accurate data on each ASIC’s power distribution and real-time mining revenue. They also allow for a low-level entry threshold into mining, as the minimum farm share can be bought at the cost of just $30.

As mining starts immediately upon purchasing a share, customers can get returns in one of the popular digital assets without any delays, shipping or installation waiting time. The risks are shared equally among all the participants, which reduces the individual risk associated with owning a machine while the others continue running. If a farm becomes unprofitable, the equipment is sold at market price, and the proceeds are distributed according to the owner’s purchased shares.

As Didar Bekbauov, CEO and founder of Xive, highlights, “Xive is a company developed by Bitcoin miners for miners, as the company’s leadership team are co-investors of Xive’s group mining farms. And we are excited to announce a new chapter of Xive’s growth – group mining that will help serve the mission of providing everyone with an equal opportunity to mine Bitcoin in a secure manner.”

About Xive

Xive is a Bitcoin group mining company headquartered in Astana, Kazakhstan. The company provides easy and efficient group mining services and develops a transparent and fully automated mining web platform. The company’s core product, group mining, serves the mission of providing everyone with an equal opportunity to mine Bitcoin, placing customers at the heart of the company. In 2022, Xive established new partnerships with mining hosting companies in the U.S.: Kentucky, Iowa, and West Virginia.

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