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Metarun Open Beta is Here: How to Prepare for Web 3.0’s Newest P2E Game

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Press Release: Pioneering P2E multiplayer runner game MetaRun is exploding onto the gaming scene with open beta launch, NFTs, 9999 Genesis mysteries, and Whitelisting Event. 

   

26th September 2022, Tortola, BVI – Metarun, the world’s first P2E multiplayer runner game, is set to launch this fall, with an official release date scheduled for September 27, 2022. In honor of its release, the team behind the game is hosting exclusive whitelisting events with limited slots available for new community members. 

 

Open Beta Launch Imminent

Following several months of testing, development, and gameplay improvements, the game is ready for the larger public to play in an “Open Beta Launch”. The Open Beta will give the general public an opportunity to play, enjoy, and earn within the game with all of its unique features incorporated into the game. These features include the live marketplace, a full suite of unique 3D NFT characters, and access to its unparalleled game economy.

 

To join the Open Beta testing, the community is invited to participate in its Genesis NFT whitelisting event to leverage a one-time opportunity to purchase Metartun’s 3D NFT characters at a discounted price.

 

Metarun 9999 Genesis Mysteries & Whitelisting Event

The Metarun 9999 Genesis NFT Mystery sale will be the first time Metarun’s unique set of 3D NFTs will be available to the public for purchase. This means that those who are privileged to own one of these NFTs will either be able to play the game or trade their NFTs on the open marketplace.

 

In honor of its launch, Metarun is also planning an exclusive whitelisting event for its Discord community members to get access to exclusive NFTs and more. In addition, during a limited-time pre-release period, players can experience the game for free but without its crypto ecosystem—players will have to wait for the official release for the full experience. 

 

Two Whitelisting events have been launched: A general whitelist for the Genesis NFT Mystery sale and a Metarun NFT Pass with incredible perks attached. To participate in these events, the community will be required to complete some tasks and stand a chance to win a guaranteed slot in the limited Whitelisting event

 

Official Launch Date

With a release date set for September 27, 2022, both the game’s team and players are excited about its official launch. This comes following a $4 million private funding round led by industry leaders including Genblock capital, InnMind Capital, Moonrock Capital, Magnus, AU21, X21, Oddiyana Ventures, among others, proving positive sentiment for the game’s release and confidence in its success. For fans of both crypto and gaming, this season’s game offers something completely fresh in Web 3.0 and gaming.

 

About Metarun 

MetaRun is the World’s first P2E multiplayer mobile runner game with NFT assets. Built on Unreal Engine 5, empowered by the BNB chain. Metarun’s stunning graphics and storyline bring together the best of the traditional gaming experience and blend it seamlessly with state-of-the-art crypto technology. 

 

The game’s internal economic system runs on its native token $MRUN and the virtual currency OPAL and allows users to play to earn, and purchase in-game items and characters skins as NFTs via the native cross-chain marketplace.

 

Metarun has a host of unique characters with upgradable NFT skins, which differ in prices and ROI that players will receive. Open Beta will see 3 characters made available with more to be added soon. 

 

Anyone interested in this exciting new gaming development can sign-up for whitelisting now on the official MetaRun discord channel and follow the steps to pre-register. 

 

Media Contact

Contact Name: Matija Rosovic

Contact Email Address: [email protected]  

 

MetaRun Links

Twitter | Discord | Medium | Telegram | Linkedin

 

MetaRun is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Sparkadia’s AAA-Game NFT Collection Built by Gaming Industry Veterans Now Available to Buy on Rarible

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Press Release: Key figures from pioneering gaming studios have launched an Interconnected AAA-game Ecosystem called Sparkadia, which has just released its first-ever NFT sale on Rarible. 

 

22 September 2022, Los Angeles –  Worldspark Studios, the studio behind Sparkadia, has launched its first-ever NFT sale, the “Sparkadia Origin Collection”. Powered by Immutable X, this initial collection of NFTs went live on Rarible and TokenTrove on September 20th, 2022. 

What is Sparkadia?

Sparkadia is an “interconnected ecosystem of AAA-level games, brought together by a central hub world where players can jump between each game to see their characters and stories come to life.” Worldspark describes this hub-and-spoke model as an “arcade”, shying away from the metaverse buzzword and instead describing their hub world simply as the lobby of the arcade. 

Each of their games serves as a metaphorical arcade machine. The goal is to give people an actual reason to visit this virtual space, wanting players to fully immerse themselves in Sparkadia and express their virtual identity through the games they play within it.

Edenbrawl Early Gameplay

Sparkadia’s first game, Edenbrawl, is a frenetic mashup that many are calling “League of Legends meets Rocket League”. The team claims their greatest strength is that Edenbrawl is already fully playable and early feedback from influencers, content creators, and guilds in the space has been overwhelmingly positive. While the game is not open to the public yet, early gameplay footage and recorded play sessions are available to watch on Youtube. 

Gaming with Blockchain, not Blockchain with Gaming

Key to Sparkadia’s vision is their plan of truly fun games that are enabled by blockchain, not driven by it. They believe that mass adoption comes not with earning from Web3 games, but rather educating players on the benefits of asset ownership and interconnectivity. To that end, they’ve proudly stated that zero assets or NFTs within their first game Edenbrawl affect gameplay, meaning there are zero pay-to-win elements.

 

Additionally, they’ve announced that they are not supporting any passive income or yield generation type assets, believing that players will come because they enjoy playing the games and that the intrinsic utility of fun is more significant to players than potential earning. You can find additional information on their economic model on their whitepaper found here. 

The Sparkadia Origin NFT Collection

Their Origin collection is a set of 8 individual ‘Hero’ NFTs that when collected in full, provide sweeping bonuses across the Sparkadian ecosystem. Collectors are encouraged to acquire a full set for maximum bonuses including a unique in-game trophy, increased in-game currency generation, and even discounts on their future sales.

Despite the bear market, the Worldspark team was excited to announce their game to the world. With zero community presence prior to the announcement of their sale a month ago, they’ve since exploded in growth, massively growing their following on Twitter, Discord, and Telegram.

The sale is now live and the NFTs can be purchased at Rarible. 

About Worldspark Studios

Worldspark Studios is a remote game development studio with the singular vision of making the world a little brighter through immersive experiences that fill audiences with optimism and empower everyone to find and utilize the unique spark inside them. Simply put, the company’s goal is to create a world that leaves players happier and healthier than when they first logged in. 

Their team of AAA vets played major roles in creating renowned titles like Destiny 2, Halo, League of Legends, Legends of Runeterra, Valorant, Heroes of the Storm, and many others. For full details on the collection, please visit Sparkadia. 

 

Media Contact

Contact Name: Chandler Thomlison

Contact Email: [email protected] 

 

Sparkadia Links

Website | Twitter | Discord | Explore | Telegram

 

Sparkadia is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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AIBC to Welcome 100 Influencers and Key Opinion Leaders to Malta Summit

Press Release: AIBC Europe is expecting 100 influencers and key opinion leaders at this year’s Malta summit from November 14-18, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci.

 

September 19, 2022, Valletta, Malta – AIBC is attracting at least one hundred top-tier influencers to its Malta summit this November. Taking place at the Malta Fairs and Convention Center this 14-18 November, the five-day event is set to host 25,000 delegates for an incredible supershow. Following previous success, this year’s summit will welcome an all-star list of industry thought leaders, and offer unparalleled access to premier networking opportunities, conferences, and expos.

Get a taste of what AIBC Malta has in store!

 

AIBC Malta Brings Top Opinion Leaders Together

With a network cultivated from over a decade spent holding successful events, and leveraging incredible opportunities for cross-pollination between its top verticals, Malta Week is perfectly placed to forge meaningful partnerships and break new ground across the blockchain, fintech, and DeFi landscapes. For attendees, the event will provide invaluable access to unique industry insights and next-level connections.  

 

Bringing a diversity of key thought leaders together, AIBC will maximize the potential for projects and companies to leverage a unique opportunity to link to some of the leading minds in the crypto and emerging tech world. Enabling new and upcoming projects, as well as more established companies to gain the reach they require to take their product to the next level.

 

Last Year’s Highlights

Last year saw 13,500 attendees from over 80 different countries gather for the Malta AI & Blockchain Summit which focused on blockchain, emerging tech, and DeFi specifically. The event saw a slew of big names attend, including Michael Saylor, who was a financial backer of the star of the show, Acta Finance, winner of the “Best DeFi project of the year” award. 

 

The event also stared industry leaders including Dextools.io CEO Pablo Ojanguren, Blockchain Center founder Nick Spanos, CEO of emerging digital health network project Solve.Care Pradeep Goel, international NFT artist Talia Zoref, NextBridge CEO Lars Rinnan, and of course AIBC Summit founder Eman Pulis.

 

AIBC Americas Summit Debuts in Toronto 

More recently AIBC held its long-awaited Americas debut in Toronto, Canada, which saw a buzzing hub of thought leadership and industry insight amongst a selection of big names. The summit platformed some emerging projects and innovators from the Medical Metaverse realm to the next generation of digitally enabled education solutions. 

 

Amongst the list of emerging talents from the AIBC Americas were Michael Turpin, Russell Korus, Davin Michaels, Emma Todd, Cal Evans, and Dr. Lawrence Krauss. The star of the show however was prized Pitch winner myLaminin, a Canadian-based blockchain-enabled document sharing, and verification service.

 

Don’t Miss the AIBC Malta Week 2022 

All of the AIBC summits serve as a vital platform for thought-leadership, with a fresh line-up of top influencers spearheading discussions about the future of relevant industries. 

A top-tier cast of conference speakers is already in the works, with some leading influencers and policymakers expected to join the discussion, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci. With exciting, insightful conversations expected on new crypto projects, gamefi, influencer/affiliate marketing and much more, this year’s AIBC Malta event is one not to miss. 

AIBC Links

Telegram | Twitter | Instagram | Linkedin 

Media Contact 

Contact Name: Max Jones

Contact Email: [email protected]

AIBC Malta is the source of this content. This Press Release is for informational purposes only. lhe information does not constitute investment advice or an offer to invest. 

 

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Bitcasino to Use Estonian ESTCube-2 Satellite to Send Bitcoin into Space

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Press Release: Bitcasino will use the Estonian satellite organization ESTCube-2 to send one Bitcoin into Space in 2023

 

29th August 2022, TALLINN, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has partnered with ESTCube-2 to send one bitcoin to space in 2023, giving all its players the chance to be a part of this groundbreaking experience.

 

By playing all of their favorite games on the platform, Bitcasino is giving its players the chance of a lifetime to send their crypto assets to Earth’s outer orbit, becoming part of the satellite’s mission. Everyone can join Bitcasino on this adventure, with the cryptocurrency set to orbit the Earth until the end of the satellite’s lifetime, when it will then help fund the next ESTCube science project.

 

The ESTCube Project

ESTCube-2, a satellite built by the Estonian satellite organization, is composed of space enthusiasts and students, wish to take Estonian space tech onto the world stage. The main pursuit of the ESTCube project is to develop, build and launch scientific nanosatellite missions. In addition to technical challenges, the project aims to promote and popularize science in schools and among the general public.

 

Director of Bitcasino at Yolo Group, Tauri Tiitsaar, said: 

 

“Much like Bitcasino, these brilliant young scientists at Tartu University in Estonia are pushing the limits and want to disrupt the status quo. This resonates with what we at Bitcasino believe in and we want to support the next generation of engineers. This is also a great chance to make history as we’re the first crypto casino to send a Bitcoin to space. We can’t wait to take our players along for the ride.”

 

ESTCube-2 Project Manager, Hans Teras, said: 

 

“We are very excited to partner with Bitcasno as it helps us promote exciting, novel, and inspiring space technology solutions  by developing the satellite and bringing people’s attention to the importance of combating space debris.”

 

The ESTCube-2 satellite is being prepared for launch in the first half of 2023, from the European Spaceport in South America on board the Arianespace Vega-C rocket.

 

About Bitcasino

Founded in 2014, as part of the Yolo Group, Bitcasino has an expansive, quality casino product featuring more than 2,000 games, including slots, table games, and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

 

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

 

Bitcasino Links

Telegram | Twitter | Instagram 

 

Media Contact 

Contact Name: Claudia

Contact Email: [email protected]       

 

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Press Release: DeFi protection solution, Hackless, is pioneering a new security tool which has so far saved funds worth just under $500,000 from hacked addresses.  

 

August 10th, London, United Kingdom – ETHLisbon Hackathon winners Hackless has designed a comprehensive security platform which aims to protect the decentralized finance (DeFi) world from targeted exploits, as well as safely migrate funds from individual wallets and protocols under attack.

 

Hackless works at the infrastructure level of EVM-compatible blockchains, uniting several elements from the blockchain ecosystem in order to strengthen a DeFi protocol’s security from the lowest levels of its ecosystem.

 

The platform has three core services which it uses to help defend against exploits and recover funds:

 

  • Watchdog – A mempool monitoring tool which tracks suspicious transactions. 
  • SafeMigrate (B2B) – The first-to-market service which ensures that funds can be successfully migrated from a paused DeFi protocol that is being attacked.

.

  • Conductor (B2C) – A private mining provider that ensures the safe and undetectable migration of user’s funds from compromised wallets.

 

The Hackless team believes this type of active protection is critical to the future innovation in the DeFi space given the substantial increase in the value of assets being locked up in DeFi applications.

 

Serhii Androsiuk, co-founder and CEO of Hackless, commented:

 

“The daunting thing about DeFi right now is that the rising tide of recent security exploits seems to out-speed the adoption and development of DeFi as such. Seven of the ten largest crypto thefts from January 2021 to March 2022 involved DeFi protocols. Frequent brutal exploits of flash loan protocols, cross-chain bridges and individual crypto wallets stress the need for a powerful security tool which is capable of boosting industry’s security level right away. We envision Hackless as a comprehensive platform that offers solutions both for DeFi protocols and individual investors. When used by all types of DeFi players it will enhance the overall protection giving a boost to industry’s growth.”

 

Hackless In Action

Earlier this year, A.I. and blockchain-powered virtual assistant services platform VAIOT was subject to a brutal exploit. Attackers tried and succeeded to take ownership of several of the platform’s operational wallets, containing its native currency VAI, which are critical for the functioning of its services. This resulted in the theft and freezing of several million VAI and tens of thousands worth of ETH and BNB, belonging to both their users and VAIOT itself.

 

The Hackless team integrated with VAIOT, contributing their expertise to the effort to safely migrate the frozen assets from the contract owned by the attacker. Using a variety of techniques and tools utilized in the Hackless product itself, the team were able to successfully help VAIOT recover $400,000 in frozen assets, whilst ensuring both the techniques and their employment remained undetected to the attacker.   

 

This successful case study was followed in quick succession by other examples of Hackless in action. The first involved a user who had their private keys stolen (a theft all too common in the crypto space) following a phishing attack. The attacker then monitored the wallet, draining all funds as soon as they appeared, leaving the user unable to access their NFTs worth ~$4,000. In this case, Hackless was able to deploy two key features of its product, the Conductor and SafeMigrate. The team were able to retrieve all the user’s NFTs to an uncompromised wallet without the attacker being aware.  

 

The second was a similar case, only the amount stolen was significantly higher at $87,000. Deploying the same features, Hackless was able to recover this amount quickly, proving again not only that there is demand for this service, but that their tools work. Consequently, both the Conductor and SafeMigrate form part of Hackless’ core offering, which is now available to the public. 

 

Securing the Future of DeFi with Hackless

Hackless has demonstrated its DeFi security pedigree in the wild. Its mission to provide a robust security layer between Ethereum and its many DeFi protocols, is inspired and facilitated by the experience of its Ukraine-based team. Co-Founders Serhii Androsiuk and Pavel Radchuk have extensive experience in the blockchain space, with both having worked with various DeFi and NFT projects since 2017. Androsiuk is also a veteran of the banking sector, lending his expertise in growing projects to scale to the Hackless team. 

 

This year has seen the beginning of the architectural design for its modular platform, as well as production-ready services. The roadmap this year still has a number of exciting developments to come, including its staking program (Q3 2022), V1 Conductor (Q3 2022) and V1 SafeMigrate (Q4 2022). 

 

Combined with partnerships with leading DeFi projects such as Blaize and Zokyo, Hackless is well positioned to deliver a much needed security solution for the DeFi space.

 

To read more about Hackless and its pioneering solution to protect DeFi assets, visit their website here.

 

Follow Hackless on Twitter

Join the Hackless community on Telegram 

Connect with Hackless on LinkedIn

Read the Hackless blog on Medium

 

Media Contact Details

Contact Name: Nataliia Maslennykova

Contact Email: [email protected] 

 

HACKLESS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Web3 Telecommunications Startup Wayru Launches Decentralized Internet Network

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Press Release: Web3 telecommunications startup Wayru.io is launching its decentralized Internet hotspot network & Genesis hardware devices to usher in a new era of connectivity. 

 

9th August 2022, Miami – The Wayru ecosystem enables anyone to buy its Hotspot Pool Tokens to support the network, or become an even more integral part of the Wayru infrastructure by owning one of the first 1,000 Genesis hardware devices. 

 

The Lack of Connectivity

In 2011 the United Nations released a report declaring that internet access was a human right, citing it as a key means by which individuals can exercise their right to freedom and expression. Despite this seemingly huge step forwards to a more connected world occurring over 10 years ago, only 35% of people in underdeveloped nations have access to the internet.

 

This lack of connectivity in developing nations, largely due to the inaction of a few established telecommunication companies, has opened the door to new innovators like Wayru to pioneer its unique, blockchain-backed solution, and address the long-standing issue. 

 

What is Wayru?

Backed by Borderless, the Algorand Foundation & other Industry investors, Wayru is an emerging Web3 telecommunications startup that has developed a radical new globally-compatible Hotspot network and a hardware device (known as Genesis) for individuals to share their internet connection in exchange for cryptocurrency.

 

The Wayru sharing economy model provides the basic framework for communities, entrepreneurs, and small businesses to build, own & operate Internet networks independently. The network will focus heavily on eliminating the significant operational costs plagued by centralized internet networks. Wayru handles telecommunications, processing, and other transactions on the network using Algorand’s Blockchain.

 

Wayru Founder and CEO Charvel Chedraui stated that: 

 

“The Internet has changed the world more than anything else in history, and providing access to everyone in the world can bring collective changes so massive that are very hard to predict. A decentralized version of how Internet access is distributed today would allow people to achieve digital freedom, economic independence, and community development.”

 

Wayru to Deploy Hotspot Pools

Wayru Hotspot pools are a hybrid network of Hotspots with cutting-edge radio fiber-quality mesh technologies. Starting at first in the heavily populated but under-connected Latin American cities of Quito and Guayaquil, Wayru will deploy Hotspot Pools across businesses, homes, and public areas for millions of people to use. 

 

With no setup cost and a free first month of service for early adopters, the Hotspot pools are the easiest way for individuals to invest in the infrastructure and start earning the platform’s native $WRU token. 

 

 Each pool contains a minimum of 1,000 Hotspots. The pools are tokenized for anyone to invest in by buying Pool Tokens, and the number of ‘pool tokens’ in each pool varies with the pool’s location and the number of Hotspots within it. All rewards are equally distributed among holders, so the more tokens you hold the more rewards you earn.

 

Pool Token Rewards 

For every $100 in revenue generated from using the Network, roughly $40 keeps the Network running, leaving a $60 reward. This is split between Wayru and Pool Token Holders, with Holders receiving exactly two-thirds and Wayru one-third. The first batch will have 10,000 Pool tokens available priced at $50 USD per token. Pool tokens can be bought using WRU, ALGO, USDC, or USD 

 

Genesis Device

The Wayru Genesis device acts as a WiFi hub that lets people share their internet connection for crypto rewards. The devices will go on sale today, Tuesday, August 9th, and are expected to ship in late Q3 2022. The first round of devices will also come with an early-bird reward of between $50.00 and $100.00 worth of WRU, so there is no better time to get in on the ground floor and be a part of the next big revolution of global connectivity.

 

WRU Token 

The $WRU token is a proprietary token running on Algorands blockchain. The full max supply of 10 Billion tokens will be minted as genesis but locked to the network until network usable commences. The token will be distributed as rewards for Hotspot pool token owners, Hotspot operators, and stakers, for their contribution to the network. Just 1% (100 million) of the token supply will be released at the public sale which will take place sometime early 2023, with the remainder dispersed over years as rewards. 

 

The Wayru revolution will kick off on Tuesday the 9th of August with a presale that will offer the first 1,000 Genesis hardware devices and Hotspot Pool tokens to the world. With two very enterprising options available, and a huge gap in the market, the Wayru presale offers a great opportunity for anyone to be a part of the new era of global connectivity. 

 

Media Contact

Contact Name: Charvel Chedraui

Contact Email: [email protected] 

 

Wayru Socials

Presale | Twitter | Discord

 

Wayru.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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New Web3 Platform Muse Group Opens Second Funding Round on July 13th

Press Release: Muse Group, a new blockchain startup, has announced the launch of its platform aimed at building a global community of Web3 enthusiasts and social content creators.

 

11th July 2022, London, UK – Muse Group has announced plans to form a decentralized autonomous organization (or DAO) with four supporting initiatives, each geared towards bridging the gap between early adopters of blockchain technologies and creatives looking for new channels for inspiration.

 

House of Muse

Muse Group will launch a members club, (dubbed the House of Muse), which will be a worldwide network of exclusive spaces where creative talent and the best blockchain minds can meet, collaborate and create without limitations. 

 

Residing in hotel suites, workspaces, restaurants, and breakouts, these creative hubs will launch first in New York City, then expand further to some of the hottest global cities such as Miami, London, and Sydney. Access to these exclusive communities will be made possible through Muse NFTs, unlocking a suite of utilities for owners across four different tiers.

 

Social Muse App Set for Global Rollout

Social Muse is the Group’s vision for a Web3-enabled creator economy platform that directly connects social media talent with a global network of brands and businesses for easy, transparent, and endless opportunities to collaborate and earn. 

 

The app will first launch in London this summer, and then roll out to New York, Sydney, and Miami in its first phase.

 

Lucas Foertsch, CEO of Muse Group said that: 

 

“Here at Muse Group, we know that Web3, and the new vision of the future of the internet, will revolutionize how we interact with brands and each other. That being said, we also place immense value on interactions in the real world which is why we’ve created an ecosystem that also allows our crypto thinkers and creatives to engage in these exclusive environments. Our goal is to help fuel creativity and continue to bridge the gap between the ‘old’ way and what we know is coming next and here to stay in a way that makes it more accessible.”

 

Future Muse 

Finally, Muse Group also plans to support its communities with their own ambitious web3 projects through its incubator Future Muse, part of a longer-term strategy that provides mentorship and funding in order to support the growth and acceleration of start-up initiatives.

Muse Group has already successfully raised $1.5m at a $20m valuation from a pool of crypto project investors and will be opening its second round of funding on July 13th, through decentralized and community-driven protocol Aelin (app.aelin.xyz).

 

Media Contact

Contact Name: Irena 

Contact Email: [email protected]

 

Muse Group Socials

Twitter | Discord

 

Muse Group is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Wanchain Announces Successful “Saturn” Hard Fork Setting Deflationary Path Forward

Press Release: Wanchain has activated its fifth and latest hard fork upgrade, moving WAN closer to becoming a deflationary digital asset. 

 

5th July 2022, London –  Wanchain has successfully launched its new Saturn hard fork, which introduced several network improvements and completely overhauled the network’s fee market. The Saturn hard fork was activated at Block 21,454,700 at 06:47 am UTC on July 5th. 

 

The Saturn Hard Fork 

With the Saturn hard fork upgrade, each transaction on Wanchain will involve burning a base fee, which automatically decreases the WAN circulating supply – in a process similar to that of Ethereum’s EIP-1559. Additionally, the Saturn hard fork upgrades Wanchain’s EVM, making it fully compatible with the Ethereum London EVM.

 

EIP-1559 Protocol to Increase Deflation

The introduction of the EIP-1559 protocol makes major adjustments to the network’s fee market and serves as a sustainable WAN burning mechanism. Now, every transaction includes a base fee that is burned, thereby reducing WAN circulating supply and adding deflationary pressure on WAN. The Saturn hard fork also introduces the concept of a “tip,” or priority fee, that users can choose to pay if they want their transactions to be prioritized by the network.

 

EVM Opcodes and SHA-3

Saturn also upgrades Wanchain’s EVM to be fully compatible with Ethereum’s London EVM by supporting the latest EVM opcodes. This increased interoperability enables Solidity developers to more easily migrate their applications to Wanchain. For instance, as a result of Saturn, Ethereum-based tools such as MetaMask, Remix and Truffle are now fully compatible with Wanchain.

 

Saturn further adds support for new cryptographic hash functions, including SHA-3. Adding native support for SHA-3 offers performance and versatility benefits, and increases interoperability with projects using SHA-3. 

 

Gas Limit Adjustment

Saturn additionally adjusts the Wanchain gas limit per block to 50 million, which influences the number of transactions that can fit in a block. Wanchain’s gas limit per block is now higher than Ethereum’s, which is set to 30 million. As a sustainable PoS network, Wanchain achieves this without sacrificing the network’s high transaction speed and low transaction fees. 

 

The Saturn hard fork represents the biggest technological leap forward for Wanchain with numerous advancements in the protocol, with improved functionality, performance, and cost, as the company sets off on a deflationary path forward. 

 

About Wanchain

We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralized blockchain interoperability solution. The company’s mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of Web3. 

 

Media Contact

Contact Name: Temujin Louie

Contact Email: [email protected]

 

Wanchain Socials

Twitter | Telegram | Medium  

 

Wanchain is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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XELS Positions NFT-Based Platform as Future of Corporate Climate Action Disclosure

Press Release: Corporate climate action disclosure platform Xels uses NFT-based platform to promote a greener, healthier planet. 

 

June 20th, 2022, Tokyo, Japan – Eco-technology platform Xels is positioning itself as the future of decentralized climate action disclosure for corporations seeking transparency in their carbon emissions reporting. Xels allows corporations to produce and maintain nft-based records of their carbon offset activities that are certified, traceable, and provide accuracy, as well as being cost-effective for the enterprise world.

 

More and more corporations see managing their carbon footprint as a critical part of their corporate social responsibility (CSR), driving a carbon offset market that is estimated to be valued at between $40 billion and $120 billion. Moreover, the absence of transparency in climate change and carbon emissions reporting results in customers` distrust in what companies promise, their difficulties in following through the supply chain, and a lack of investor confidence in their pledges.

Xels is repositioning the carbon credit focussed sector of the NFT space to focus on transparent ESG reporting with tokenization as a supplementary feature. Xels believes this will remedy the acute problem of the tokenization and exchange of carbon credits in the space. 

 

Speaking about the Xels platform, a spokesman for Xels commented: 

 

“Many of the world’s largest companies  are pledging to take world-changing action on climate change. But the question remains as to whether these actions are verifiable and whether bold statements are misleading stakeholders such as investors. When it comes to climate change, we’re missing the bridge that links consumers, businesses, and investors in a functioning marketplace. Blockchain technology is the missing link that brings consumers, businesses, and investors together on climate change as it lets us account for carbon emissions and transfer verifiable climate action.” 

 

A Step in the Right Direction

Xels recognizes that the use of NFTs creates several issues when it comes to the exchange of carbon credits; the lack of transparency regarding minting retired credits as NFTs. This issue has also been highlighted by three of the largest carbon credit standards providers.

 

Xels takes a holistic approach with its solution by weaving new connections between many distributed parties around standards and data sharing and has the potential to improve existing mechanisms. The platform not only makes use of the inherent transparency of decentralized ledger technology, but combines that with an effective reporting system which leverages satellite monitoring and AI-driven analysis to verify corporate ESG claims. Consequently, this boosts companies’ ability to defend these claims to stakeholders, including customers and other companies in the value chain.

 

Corporations can also upload macroscopic information such as photos of carbon offset projects to be verified by the Xels platform, which serves to create an accessible input system for corporations without the resources of the largest in the world. Additionally, Xels’ focus on reporting sets it apart from other NFT-based carbon credit platforms. Xels allows corporations to store their full reporting cycle, meaning the platform can ensure climate action  data is up-to-date and accurate. This further increases the credibility of claims made though the platform. 

 

Finally, whilst Xels intends to launch publicly on the Ethereum blockchain initially, the Xels team are quickly looking to migrate to a low-energy blockchain to address energy consumption concerts in the near future.

 

About Xels

Launched in 2018, Xels is an eco-technology platform offering a bespoke enterprise blockchain, coupled with a carbon credit-backed digital asset, for companies seeking a transparent and secure way to offset their adverse environmental impacts. The platform uses cutting-edge satellite and artificial intelligence technology to quantify the actual amount of carbon sequestered by ecological projects, including protected ecosystems and reforestation campaigns.

 

Xels leverages the experience of an expert team to provide integrated end-to-end solutions to combat climate change, led by Takeshi Nojima, a veteran start-up builder, with high-level experience in software, system and game development.

 

For more information about Xels and its mission to combat climate change using DLT, visit their website here

 

Follow XELS on Twitter

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Stay up-to-date with XELS on Facebook

Follow XELS on Instagram

 

Media Contact Details

Contact Name: Mitch Hammer

Contact email: [email protected]

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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YOP Finance Launches Three-Click Yield Farming Platform for DeFi

YOP Finance Launches Three-Click Yield Farming Platform for DeFi

Press Release: YOP Finance has launched a platform that lets users earn the highest passive income on their crypto across top blockchain platforms from a clean, simple, and easy-to-use application.

 

May 24th, 2022, Seychelles – YOP Finance, the DeFi interface that lets users earn passive income on their crypto assets, is now live for all users. Following a highly successful private launch, this will be the first time all users will be able to use the platform. Users can take advantage of the YOP vaults and earn passive income on their crypto with APYs as high as 65%. The platform is designed to be intuitive and extremely easy to use, removing any barriers to entry for the average investor to earn passive income that were earlier available to only a select few.

 

Since its public launch, the platform has already reached over $1Million in TVL, with $600,000 being locked in the first 72 hours. The YOP vaults will initially have increased caps to enable a large number of users to invest and earn passive income on their digital assets. 

 

Getting Started With YOP

The YOP Finance vaults were launched to all users on 4 May 2022, where users could head to the vaults app and start depositing their crypto. Users can access the Vaults by depositing either stablecoins or wBTC and wETH. 

 

The YOP vaults are a combination of multiple strategies put together with different weights to offer maximum returns while reducing risk exposure. Using smart contracts, these vaults continually reinvest earnings, compounding returns and achieving maximum yield for investors.

 

While the platform already offers high base APYs, users can unlock even higher returns with YOP’s booster feature. Users simply have to stake $YOP tokens in the YOP LockBox to increase earnings. The higher the stake in the LockBox, the more significant APY boost each user gets. The Boost is in the form of a multiplier x1 — x10, which applies to the Reward APY, which is above the base APY of the vault.

 

Post a successful launch, Barry Downes, COO of Pluto Digital, the parent company of YOP, said: 

“YOP makes participation in a complicated area of crypto simple and accessible for all giving people the control, insights, and flexibility all from a single application. Now anyone can start staking their crypto and start earning a passive income with a click of a button.”

About YOP 

YOP Finance offers an opportunity for passive income to anyone looking to make returns on their crypto without having to deep-dive into the world of DeFi. Removing the redundant jargon and extra clumsy UIs, the YOP platform makes investing and earning simple for everyone. The platform is secured by an in-house team of security specialists and audited by industry-leading crypto entities. 

 

The team behind the YOP platform is a transparent and deanonymized mix of seasoned builders with crypto natives. The team combined has decades of experience building simple yet effective products that can shape the future. 

 

As the public launch concludes, YOP is excited to bring more features to its investors. With the $YOP utility token, investors can enter a rich ecosystem that offers stellar APYs and much more. 

 

For more about YOP Finance and its new passive income focussed platform, visit their main website here.

 

Check out the YOP app

Follow YOP on Twitter 

Contribute to the YOP conversation on Discord

Join the YOP community on Telegram 

Connect with YOP on LinkedIn

Read the YOP blog on Medium

 

Media Contact Details

Contact Name: George Turpin

Contact Email: [email protected]

 

YOP Finance is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand

Press Release: Bnext announces a total investment of $10 million, as the Spanish fintech giant prepares to complete its token sale. 

 

5th May 2022, Madrid — Borderless Capital has increased their investment in Spanish Fintech, Bnext, to $10 million with a new investment of $4.5 million. 

 

What This Means For Bnext

This latest investment will help further Bnext’s goal to continue introducing bleeding-edge financial technologies throughout 2022 and beyond. Borderless Capital will not only provide financial support but also offer invaluable expertise in the Algorand blockchain ecosystem which will help Bnext accelerate the development of its numerous financial products and drive the adoption of DeFi technology on a global scale. 

 

Algorand & Bnext

The Algorand blockchain offers numerous technological benefits including faster transaction speed efficiency, lower fees, no mining requirements, and a permissionless pure proof of stake (PPoS) approach to consensus, to name a few. Bnext has already leveraged Algorand to power its wallet app and is developing several more use cases for the future. 

 

Private IDO for Algorand Community 

To show support for the Algorand community, Bnext will be reappropriating 350 million B3X tokens for a private IDO, launching on a leading Algorand DEX soon. These tokens represent all that remains from Phase 2 of the initial B3X token sale. 

 

In addition to the IDO allocation, all Algorand community members who participate and hold tokens on the DEX will have priority access to new functionalities and other benefits. Information on the IDO will be released on Bnext’s social media channels in the coming weeks.

 

Bnext Public Token Sale Raises Over €5 Million

Bnext partially closed its public token sale on March 31, 2022, successfully raising over 5 million euros. The token sale spanned two 7-day phases across March; phase one saw participants buy 360 million B3X utility tokens in the first few hours and another 15 million were purchased in phase two.

 

The remaining B3X tokens from phase two, after the expected IDO, will be burnt to increase liquidity. The token sale has thus far collectively raised €11 million, with Bnext reserving the last remaining tokens for a private IDO for the Algorand community. 

 

B3X Token Utility 

The B3X token is a utility token that underpins the entire Bnext ecosystem, whose mission is to bring financial freedom to a global community of banked and unbanked by expanding access to a growing selection of next-generation financial tools and remaining committed to continuously improving the user experience. 

 

The continued support from Borderless Capital will help Bnext to strengthen its growing community and bring more value to users through international expansion. Forthcoming products on the Bnext roadmap include a robust reward system, a diversified marketplace, the crypto wallet app with buying and selling conditions, international money transfers, user discounts, and more. 

 

To learn more about how more people are taking back full control of their finances visit the Bnext website. 

 

Media Contact Info

Contact Name: Bnext Media Team

Contact Email: [email protected] 

 

Bnext Links 

Telegram ESP | Telegram ENG | Instagram | Twitter | LinkedIn | Facebook 

 

Bnext App

App Store | Google Pay 

 

Algorand Links

Twitter | LinkedIn | Facebook | Telegram | Medium | Discord

 

Borderless Capital

Twitter | LinkedIn 

 

Bnext is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Jump.trade to Launch P2E Cricket Game NFT Drop on April 22, 2022

Press Release: Meta Cricket League is a new NFT-driven Play-To-Earn game that allows players to earn cash prizes and other crypto rewards by challenging other players.

 

April 13, 2022, Singapore — Jump.trade, the international gaming NFT marketplace (introduced by GuardianLink) has announced its exclusive cricket game NFTs and digital cricket collectibles which will be featured as a part of its NFT cricket game ‘Meta Cricket League (MCL)’.

 

Super Loot Cricket NFT Drop

The NFT drop will go live on 22nd April 2022, offering an initial purchase in the form of a Super Loot NFTs. The NFTs could either be a set of metaverse cricket players or a combination of metaverse players and authenticated digital Cricket NFTs signed by some of the biggest legends of the game.

 

By introducing MCL, Jump.trade becomes the first international gaming marketplace to launch a cricket NFT game, bringing with it new and exciting P2E opportunities. This will mean that players can monetize their time and effort spent on this game. By playing MCL, players can earn cash prizes and other crypto rewards by challenging other players.

 

 Mr. Kameshwaran Elangovan, Co-Founder and COO of GuardianLink stated that:

 

“With this NFT drop and the game, we expect, a major turning point not only for P2E NFT games but also for the perception of cricket“

 

The NFT Treasure Box

Priced at $25.00 (USD), The Super Loot gives Participants the assurance of owning NFTs belonging to any one of the following 2 categories: 

 

  • Metaverse Cricket Team Players NFT
  • The same + Authenticated Signed Digital Cricket NFTs of Legends. 

 

To enhance the magnitude of participation and as a token of encouragement for the participants, Jump.trade has also introduced the Treasure Box for collectors who own five or more Super Loot NFTs. Participants can open one Treasure Box for every five NFTs they hold. The total value of the Treasure Box rewards is stated to be worth roughly USD 52,000 in total value. 

 

Utility and Tradeability 

Jump.trade states that their NFTs are a combination of utility and tradeability. The players can monetize their gameplay and unlock incentives as they progress through the ranks and climb up the leaderboard. They can also get real-world utility for their digital assets. 

 

Jump.trade is expecting the authentic, signed digital Cricket NFTs to achieve a high value in the open marketplace. Regardless of value, the NFTs themselves gain experience, which is designed to make them more valuable with every game the players participate in. The MCL ecosystem is designed to be community-centric, and it will eventually come to the hands of the users when it comes to deciding the future of the game.

 

How to Join the Drop

Participants will be able to access the Jump.trade Super Loot Cricket NFT drop on 22 April at 5 PM IST. The GuardianLink wallet is now open for users to load them with funds, so they can access the NFT drops without any hassle on the drop day.

 

About Jump.trade 

Jump.trade is a new NFT marketplace announced by GuardianLink that focuses on NFTs of gaming and international brands. This D2C platform is powered by GuardianLink, a pioneer and innovator of NFT Technologies with its roots embedded in the Blockchain world since 2016. 

 

About Guardianlink.io

GuardianLink is the face behind many successful NFT collections like Amitabh Bachchan (which sold out in 54 minutes) and Stan Lee’s Chakra (which sold out in under 1 minute) for millions of dollars. Jump.trade recently announced its first game called Meta Cricket League which is bringing the excitement of real-world cricket to the Web3 playground.

 

Jump.trade Socials

Twitter | Discord | Instagram

 

Guardian Link Socials 

Twitter | Discord | Telegram

 

Media Contact Details

Contact Name: Ramkumar Subramaniam

Contact Email: [email protected] 

 

Guardianlink is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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ZooKeeper dApp to Launch on Avalanche

Press Release: Yield-farming dApp ZooKeeper is launching on Avalanche on the 3rd of April, enabling users to take advantage of both networks by cross-chain transferring their $ZOO tokens, and ZooNFTs. 

 

4th April 2022, GENEVA, Switzerland — ZooKeeper is delighted to announce that its dApp is officially coming to the Avalanche network. ZooKeeper is the popular yield-farming dApp of the ZooEcosystem and will go live on Avalanche on the 3rd of April. Farming has been scheduled to begin later on the 13th of April to allow new users time to familiarize themselves with the platform.

 

What is ZooEcosystem?

ZooEcosystem is a blockchain gaming-oriented ecosystem with a multi-chain focus and a strong cross-community spirit. The ecosystem provides numerous unique benefits, such as: 

 

  • Multi-chain access: Farm $ZOO tokens and trade ZooNFTs on several networks (Avalanche and Wanchain, with more to come);
  • Access to an NFT Marketplace: Trade ZooGames NFTs and more on OpenZoo;
  • Multi-chain gaming: Connect to ZooGames from any available chain and play fun games.

 

ZooKeeper dApp

ZooKeeper was created in order to fuel the ZooEcosystem with liquidity. It is an innovative dApp that uses ZooNFTs to boost liquidity mining. Users have access to these NFTs which have a real use case – enhancing LP farming, on top of their inherent trading possibilities.

 

On ZooKeeper, users can make use of $ZOO tokens in many ways such as farming (The Zoo), staking for NFTs (The Expedition), in the creation of more powerful NFTs (Crafting), or making use of them in trading NFTs (The Market). Expedition and Crafting are currently only live on Wanchain and will be integrated soon after farming on AVAX.  

 

What Avalanche Means for ZooKeeper

Expanding ZooKeeper to Avalanche chain will provide an opportunity for new users to join the ZooEcosystem and give them access to $ZOO tokens. It will also allow users to take advantage of both networks and cross-chain their ZooNFTs (via the ZooNFT bridge). Users can also cross-chain their $ZOO tokens, using the new wrapped vZOO token, which is used as follows:

 

  • Safely use the cross-chain function for the $ZOO token with a Vault lock type mechanism;
  • As a primary in-game currency while playing ZooGames.

 

How to buy $ZOO

With the deployment of ZooKeeper on Avalanche, the $ZOO token has become available for purchase on several additional decentralized exchanges (Trader Joe, Pangolin). More information on how to obtain $ZOO can be found through this link. 

 

The ZooKeeper launch on the Avalanche network represents a new milestone achievement for the ZooEcosystem team and opens the door to a lot of exciting opportunities for both new and existing members of the ecosystem. To learn more, check out the ZooKeeper dApp here. 

 

ZooKeeper Links 

dApp | Medium | Telegram | Twitter | Docs

 

Media Contact Details

Contact Name: David

Contact Email: [email protected]          

 

ZooKeeper.finance is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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iExec Launches iExec Portal, A New Interface to Involve and Reward the Community

iExec Launches iExec Portal, A New Interface to Involve and Reward the Community

Press Release: Releasing the iExec Portal, iExec implements an interface where individuals can participate in community-related decisions while being recognized and rewarded for their contributions.

 

March 23rd, Lyon, France – iExec, a decentralized marketplace for computing assets, today announces the launch of the iExec Portal, a new user-friendly interface intended for its community. With the iExec Portal, iExec aims to better support its growing community by offering them the possibility to vote on community-related decisions, recognize their contributions to the project with a Community Rewards Program, and help them to make the most of their RLC – the iExec token.

 

Involving iExec Followers in Community-Related Decisions

As the community grows, iExec aims to more closely involve individuals in community-related activities. To achieve this, the iExec Portal introduces a voting system. Via proposals submitted by the iExec team, followers can now have a say on decisions concerning the community. For example, deciding the format for AMA sessions, allocating community rewards, or even deciding on future features for the iExec Portal.

 

Using the Snapshot platform, the iExec community can vote on the submitted proposals. Each vote is weighted by the amount of RLC owned. Anyone that holds RLC tokens in their wallet can vote and have their say. Voting works by taking a “snapshot” of the number of tokens held in the wallet at the time of voting. It does not cost any RLC or Ethereum gas fees.

 

Rewarding the Community for their Contributions to the Project

iExec is proud to have a committed community supporting the project. To value its followers’ contributions, iExec has released a Community Rewards Program. This new program recognizes and rewards the most active, engaged community members for their contributions to the project. RLC prizes are distributed monthly for contributions ranging from content creation to tech expertise. From the iExec Portal, users can learn more about the types of prizes available and what they can do to qualify for rewards.

 

iExec followers will also have the opportunity to claim NFT POAP collectibles after contributing to the project or participating in events. These collectibles will be displayed on the iExec Portal.

 

Giving the Holders an Interface to Make the Most of their RLC

Another goal of iExec Portal is to provide the community with an interface for their RLC portfolio, allowing holders to see their portfolio balance. In addition, the iExec Portal offers educational resources on other ways to use their tokens such as platforms like Uniswap or Bancor.

 

Finally, the iExec Portal provides a single point of entry for the project’s resources and products. For instance, the iExec Oracle Factory to create custom oracles from any kind of data in less than 5 minutes, or the iExec Developer Rewards Program application form, where developers can submit their project based on the iExec protocol.

 

Speaking about the new platform, iExec’s Head of Adoption, Nelly Cornejo said: 

 

“With the iExec Portal, we want to offer an open door where anyone can join and benefit from our vibrant ecosystem. The iExec Portal will be a place to listen to our community, recognize and reward them for their contributions and help them make the best out of their RLC tokens.”

 

A Metamask or Portis wallet is required to connect to the iExec Portal. More features will be added in the future, to deliver the best experience to the iExec community.

 

Visit the iExec Portal here. 

 

About iExec

iExec is a blockchain company that provides a decentralized Marketplace for computing assets, allowing anyone to monetize datasets, decentralized applications, and computing power. Ethereum blockchain is used to organize the exchanges between stakeholders with the maximum level of trust and security, without a centralized authority. iExec owns its native utility token, the RLC, used as the method of payment on the Marketplace. The RLC token is listed on over 40 exchanges, including Coinbase, Binance, Bithumb, Huobi, and more.  

 

For more about iExec and its new community-focused platform, visit their main website here.

 

Follow iExec on Twitter 

Join the iExec community on Telegram

Read the iExec blog on Medium

Contribute to the conversation on Discord

Stay up to date on Slack

 

Media Contact Details

Contact Name: Marianne Negrello (Communication Manager)

Contact Email: [email protected] 

 

iExec is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance

Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance

Press Release: DeFi ecosystem, ADA Finance, has rebranded to Acta Finance, launching a new native token $ACTA, as well as developing its own AMM, ActaFi Swap.

 

March 14th, 2022, Mahe Victoria, Seychelles – ADA Finance, a pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team have also been developing their own native Automated Market Maker (AMM) protocol, ActaFi Swap.

 

The ActaFi team took the name ‘Acta’ from the latin phrase ‘Acta non verba’, which translates to ‘deeds not words’ reflecting the team’s focus on substantive development and community building within the crypto space. 

 

Commenting on the rebrand, ActaFi’s CEO & Founder, Christof Waton, said:

 

“Initially, we only wanted to launch on Cardano, but we couldn’t risk oru investors’ funds developing on an early-stage blockchain that is still prone to vulnerabilities and scalability issues. Therefore we started to develop the same ecosystem, within the same project, on Avalanche in parallel. The name ADA Finance limited the interest of people that are anti or neutral towards ADA / Cardano, with our token on Avalanche and utilities on Avalanche, it was better to perform the rebrand to a neutral name, hence Acta Finance.” 

 

Pioneering the DeFi space

ActaFi’s rebrand is accompanied by several new feature releases and announcements which will lay the foundation for ActaFi Swap. The first is an onchain affiliate program which will incentivise Acta community members to attract new users to the ecosystem, encouraging organic community growth. 

 

This will work in conjunction with the onchain staking of $ACTA, the ecosystem’s new token. Users will be able to stake $ACTA in the normal way, maturing their stake to claim governance rights in the ecosystem’s new decentralized autonomous organization (DAO) when it becomes available. 

TGE incentives for $ACTA will be made public on April 5th, 2022 and both $ACTA staking and the ecosystem’s affiliate program are currently being audited by Solidity Finance. 

A New Approach to AMMs

ActaFi’s new AMM, ActaFi Swap, is set to launch later in 2022 and will include several new features which put it at the cutting edge of AMM protocols.

Firstly, ActaFi Swap will follow Uniswap v3’s concentrated liquidity model, a model that allows liquidity to be allocated within a custom price range. Although this requires more maintenance than the passive function adopted by most common AMMs, the ability to customize price ranges  allows liquidity providers to provide their capital in a more efficient way according to their needs. As a result it is preferred by experienced digital asset managers, market makers and funds as it allows them to act more dynamically to market changes. 

 

Secondly, the ActaFi team is targeting decentralization and interoperability from the offset like competing aggregators, such as 1inch. This will provide maximum liquidity for the ActaFi ecosystem, ensuring that the AMM can achieve the most efficient prices for its assets. 

 

Finally, ActaFi Swap will include a token bridge as a secondary function built into the swap, allowing users to benefit from access to greater liquidity for an asset on other blockchains (e.g. Ethereum, Cardano and Avalanche.). Consequently, users have the best possible price outcome for the assets they want to exchange. This is a feature of the most sophisticated DeFi ecosystems, but is often too complex for regular users to make use of. ActaFi Swap will simplify the user experience to make toke bridges more accessible to the regular user. 

 

For more information on ActaFi Swap, read this blog

 

Building on a Year of Success 

 

Both ActaFi’s rebrand and the development of its own AMM follow a year of positive press, business development and community building for the ActaFi team. The team received an award for Best DeFi Project of the Year at the AIBC Summit in Malta in November 2021. Consequently, the team attracted the attention of several KOLs in the crypto space, including over 70 YouTubers with a global reach of over 8 million people. The team also managed to secure an investment from Roger Ver (AKA Crypto Jesus), former CEO of Bitcoin.com and early investor in Bitcoin.

 

The ActaFi team are now leveraging this success to position themselves at the forefront of the DeFi space, with the rebrand putting emphasis firmly on development. 

 

For more information on how Acta Finance is positioning itself as a leading innovator in the DeFi space, visit their website here. 

 

Follow ActaFi on Twitter 

Join the ActaFi community on Telegram 

Connect with ActaFi on LinkedIn

Stay up-to-date with ActaFi on Medium 

 

Media Contact Details

Contact Email: [email protected] 

 

ACTA FINANCE is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.