Grand Cayman, Cayman Islands, March 28th, 2024, Chainwire
March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.
Sui, the fast ascending Layer 1 blockchain offering industry-leading performance and infinite scaling, continued to demonstrate its blistering DeFi growth by cementing its place in the top ten of all chains by weekly DeFi volume, registering over $830M of trading over the most recent seven days of data available on DeFiLlama and $224M in the latest 24 hours.
The volume growth comes as the chain has amassed several DeFi milestones since the start of the year, including surging past $700M in total value locked (TVL) earlier this week – up over 1900% since October – and dominating outflows from Ethereum via Wormhole during multiple seven-day periods this year. Sui is also setting the standard for network reliability during periods of high network traffic. In the first four months of its mainnet, Sui completed 65.8M transactions in a single day—the most of any blockchain ever, while throughout its existence, the network has never had an outage or experienced degraded performance.
These milestones reflect how Sui’s underlying technology, which features an object-centric model, horizontal scalability, the increasingly popular, developer-friendly Move programming language, and recent breakthroughs such as zkLogin and zkSend, enables developers to create products that solve real-world challenges at scale.
Sui’s technology has also attracted top projects and developers which are increasingly choosing to build on Sui. Most recently, Suilend, a protocol developed by the team behind Solana’s largest lending protocol, Solend, launched in its first expansion outside the Solana ecosystem. Ondo Finance’s treasury-backed assets also recently made their way into the ecosystem, while decentralized derivatives exchange Bluefin left Arbitrum for Sui.
DeepBook, Sui’s fully on-chain order book, which is part of the Sui Protocol, has experienced a substantial volume increase in March as DeFi on the network continues to flourish. The CLOB saw over $940M in volume since the start of the month, and over $289M of trading in the last week alone, as it continues to provide deep liquidity to all DeFi protocols and traders on Sui with ultra-low, predictable transaction costs and sub-second finality.
“From the Move language to its object-centric architecture, Sui’s technology is unique in the industry and enables a level of innovation that is attracting partnerships, protocol expansions, and independent developers—all building solutions that leverage the Sui network,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui’s surging metrics in DeFi indicate definitively that in an industry which is currently surging and primed for cutting-edge technology and practical, real-world applications, Sui is increasingly the platform of choice.”
Contact
Sui Foundation
media@sui.io
Austin, United States, March 28th, 2024, Chainwire
Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token.
“Success in Web3 gaming hinges on creating compelling experiences with a player-focused economy at its core,” said Ari Meilich, CEO of Big Time Studios
Big Time combines the intense combat and dynamic gameplay of action RPGs like Diablo with the vast, explorative realms of MMOs like World of Warcraft. Players are time travelers, plucked from the dying embers of the cosmos to join the ultimate crusade for mankind’s survival. The fabric of reality is tearing apart, and the epochs of history are colliding. Players fight to preserve the human legacy, in all its beauty and folly.
Players engage in hard-fought battles through procedurally generated dungeons, accomplish objectives, and collect essential resources for crafting valuable virtual goods represented by Non-Fungible Tokens (NFTs). No crypto tokens are sold, and this unique approach blends gaming excitement with the innovative world of digital collectibles: all collected in-game rather than given away or available for purchase outside the game. The only purchasable items are Time Crystals, the game’s non-crypto premium currency used for in-game activities like crafting, upgrading gear, recharging items, or accessing premium content.
“Our fair launch strategy, with no tokens for the team or investors, underscores our dedication to a player-first gaming universe, where rewards are awarded solely through gameplay,” said Meilich.
Big Time Studios levels the playing field by prioritizing the player community through this novel approach. Tokens are collected through in-game activities, preventing non-players from purchasing their way to success. This commitment to fairness and inclusivity sets Big Time apart in the Web3 and traditional gaming industries.
Big Time’s successful Preseason launch continues to shatter doubts about the viability of Web3 games, setting new standards for what is achievable. The game’s entertainment value and economic incentives have captivated highly active players, dispelling skepticism and showcasing the immense potential of Web3 gaming.
“We are a game company, first and foremost,” Meilich stated. “Our biggest priority is delivering an amazing game with immersive gameplay. Players want entertainment value and a game that is Twitch-worthy. This approach has differentiated us, and in light of its recent successes, signals we’re taking Web3 gaming in the right direction,” said Meilich, emphasizing Big Time Studios’ dedication to delivering high-quality game experiences.
Looking ahead, new features and updates will further enhance the immersive gaming experience and ensure that Big Time continues to lead the Web3 gaming industry.
For early access and to dive into the adventure that awaits in Big Time, users can simply join the Big Time Discord community and ask for an access code.
About Big Time Studios
Founded in 2020, Big Time Studios has become a leader in Web3 gaming with its main title, “Big Time,” a multiplayer action RPG that combines fast-action combat and adventures through time and space. Unlike typical Web3 games, it empowers players by distributing tokens directly in the game, avoiding sales to investors or team allocations. The game’s preseason launch in October led to a $37 million revenue in Q4, with projections of $80 million for Q1, highlighting its success and the company’s significant impact on digital gaming. Big Time Studios continues to lead in innovation within the Web3 gaming sector.
Contact
CMO
Michael Migliero
Big Time Studios
press@bigtime.gg
Delaware, USA, March 28th, 2024, Chainwire
In a move to greatly improve the user experience of DeFi users in the Ethereum ecosystem, DeFi Saver integrated native support for Safe smart accounts and multisigs.
DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just announced they’ve integrated account abstraction leader Safe, to take the experience of DeFi users to the next level. This comes on the back of Safe’s recently announced milestone of more than $100 billion in digital assets secured on Safe smart accounts, with more than 40 million transactions conducted on Safe infrastructure.
The update means that DeFi users of protocols such as Aave, Compound, Morpho Blue, Spark, CurveUSD and Liquity will be able to manage their positions more efficiently, through use of options that bundle or batch multiple actions into one single transaction using the power of the Safe smart accounts. This includes features such as leveraging up or unwinding in one transaction, doing collateral and debt swaps, moving whole active positions between different protocols, various automation features, but also even simpler things such as depositing collateral and borrowing funds in one, single transaction. All of this results in unnecessary steps being abstracted away from DeFi users and traders.
Besides all the advanced features that are made possible through use of a smart account, this update also allows DeFi users to greatly increase their security through the use of Safe multisigs, which are the security standard for asset ownership. Starting today, all current and new users can enjoy native multisig support at DeFi Saver moving forward.
Another important aspect for both teams is the composability and portability that users will enjoy. Since Safe is widely supported in DeFi apps and frontends, this means that all DeFi Saver users will be able to check and manage their positions through other apps. And, vice versa, all existing Safe users can now seamlessly connect to the DeFi Saver app and make use of the plethora of tools available.
“We believe that composability and portability are some of the greatest, most important aspects of DeFi and yet this primitive is being ignored by many teams opting to build small, proprietary, walled garden systems. That’s why we chose Safe and intend to keep building on the open, permissionless building blocks.” said Nenad Palinkasevic, the co-founder of DeFi Saver.
Lukas Schor, co-founder at Safe, commented, “Smart Accounts are critical infrastructure and we think that for DeFi mass adoption, we need the security of smart accounts, but also the UX benefits to already integrate within the top DeFi projects today. We welcome this move by DeFi Saver to accelerate the transition to smart accounts and Safe ecosystem.”
Moving forward, the teams also highlighted that this change will allow great improvements to the user experience in DeFi through continued batching of multiple actions into single transactions, but also through features such as sign-only modes where all transactions would be handled for the users in the background, providing a quicker and smoother experience.
About DeFi Saver
DeFi Saver is a management application for decentralized finance protocols best known for their advanced leverage management features and automated liquidation protection options. Having initially started as a MakerDAO-focused dapp in the early days of DeFi, they quickly expanded support to more protocols, as well as multiple L2 networks. Today, DeFi Saver lets you utilize protocols such as Aave, Compound, Morpho Blue, Spark, CurveUSD and Liquity, across Ethereum mainnet, Arbitrum, Optimism and Base.
Website, Twitter, Discord, Blog, GitHub, Docs
About Safe
Safe (previously Gnosis Safe) is an onchain asset custody protocol, securing ~$100+ Billion in assets today. It is establishing a universal ‘smart account’ standard for secure custody of digital assets, data, and identity. With Safe{Wallet}, its flagship web and mobile wallet, and Safe{Core} account abstraction infrastructure, Safe is on a mission to unlock digital ownership for everyone in web3, including DAOs, enterprises, retail, and institutional users.
Website, Twitter, Discord, Blog, GitHub, Docs
Contact
Filip Josipovic
Defi Saver Inc.
filip@decenter.com
Lisbon, Portugal, March 28th, 2024, Chainwire
Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin.
The project has sparked a new-found excitement in the Polkadot ecosystem, seeing over 20,000 await their airdrop in the $DED telegram channel.
With the token’s snapshot debuting early last week, the team hopes $DED signifies a second coming for the Polkadot ecosystem and fresh liquidity.
With partnerships and support from top projects on the network such as Talisman Wallet, Nova wallet, SubWallet and others, $DED is showingcasing how powerful and committed the Polkadot community can be.
DED has also launched the biggest Zealy campaign the network has seen, with a total prize pool of over $30,000 in DOT and big crypto personalities have also jumped in on the action. YouTuber DataDash noted in part of his latest video that this could “Put Polkadot back in centre stage”, with others such as Ash Crypto, DubzyXBT and Crypto Banter piling into the action.
The Dot is DED Mission Recap
DOT is $DED was initiated by the community with the purpose of creating the first memecoin on DOT. The community felt that if they worked together they could bring excitement which would onboard a larger community to Polkadot. Figuring out how to do it was the hard part, but after seeing how $BONK acted as a catalyst for the Solana ($SOL), the answer was right in front of the team.
There are now over 1 million DOT holders, and an estimated 100,000 of them have stuck it out to support the DED launch. Now the Snapshot has been taken, DOT is DED will await its airdrop.
For the latest updates and community activity Join the $DED Telegram channel and follow on X.
Contact
Jack
jack@lunarstrategy.com
UAE, UAE, March 27th, 2024, Chainwire
XCAD Network – a tokenisation platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivised Web3 education to millions of people across the globe.
By securing the support of several governments, XCAD aims to bridge the gap between Web2 and Web3, and enable more people to partake in the Web3 Space. XCAD Network has announced the first government agreement, which is with Pakistan. Under this partnership, XCAD will distribute and incentivise the consumption of educational media among Pakistani citizens.
Education is the first step in bringing new people into the Web3 space. As part of the MOUs, XCAD Network will work with governments to launch pilot campaigns to educate their citizens on Web3. These campaigns will be joint campaigns launched by governments and the XCAD team alongside select content creators from that country’s jurisdiction.
Users will have to download the XCAD Network application to watch interactive educational content on various Web3 topics. Upon completing the modules and consuming content, users are rewarded with tokens.
Blockchain, cryptocurrency and the Web3 world will be the key focus areas. However, governments can also focus education on other subjects, such as financial literacy.
Oliver Bell, the Chief Executive Officer of XCAD Network, commented, “Working directly with Government entities is incredibly exciting for the XCAD project and the Web3 Space as a whole. What we’re doing aligns with the government’s vision towards digitisation and global blockchain adoption”
Another way that XCAD plans to work with Government entities, is by leveraging the XCAD platform to boost travel and tourism engagement in their country. They want to partner with creators and citizens to create engaging educational content around tourism in their country. Those who consume the content are then rewarded.
XCAD Network has already onboarded some of the biggest YouTubers in the world to issue creator tokens on its platform. However, getting governments involved gives the project more credibility. This allows XCAD Network to attract even bigger names to issue creator tokens, stay on top of regulatory requirements and drive more users to the XCAD platform.
About XCAD Network
XCAD Network allows YouTube creators to launch personalised tokens and generate dedicated economies around their loyal fan-base It also offers new upstart creators a way to earn tokens and generate income even before the creator generates traction on YouTube itself.
In addition to helping generate new revenue, XCAD Network fosters deeper engagement through gamification and rewards. Fans benefit monetarily from the growth of their favourite creators, thus strengthening the bonds between creators and their followers.
The platform is backed by famous YouTubers such as KSI and Mr Beast, and is home to 100+ celebrity influencers globally with a combined audience of over 800M.
The XCAD ecosystem consists of DEXs, a governance portal, a browser plugin with Youtube integration, cross-chain bridges, staking pools, and creator swap, which lets users exchange creator tokens.
For more information, please visit: https://xcadnetwork.com/
Contact
Roelien Vd Westhuizen
Dverse
roelien@d-verse.io
Vancouver, Canada, March 27th, 2024, Chainwire
In a significant move to fuel the growth of decentralized artificial intelligence, ceτi AI is proud to announce the establishment of the ceτi AI Partnership Innovation Fund with an initial allocation of $500k USD. This strategic fund is designed to catalyze innovation by forging partnerships with emerging projects at the intersection of AI and blockchain technology.
Overview
ceτi AI, a leader in decentralized AI infrastructure, is initiating this fund to support projects that align with its mission of democratizing access to advanced AI technologies. The fund aims to facilitate collaborative efforts that push the boundaries of what’s possible in decentralized AI, enhancing the ecosystem’s diversity and driving technological advancement.
Investment Details
The Partnership Innovation Fund is a pivotal step at the beginning of ceτi AI’s journey, dedicating an initial $500k USD worth of resources to empower innovation through strategic alliances. This initiative underscores ceτi AI’s commitment to not just being a participant but a catalyst in the decentralized AI marketplace.
Use of Proceeds
The allocation of this fund will specifically target:
Strategic Partnerships: Identifying and supporting projects that demonstrate the potential to revolutionize decentralized AI with innovative solutions.
Technology Advancement: Encouraging the development of technologies that can seamlessly integrate with ceτi AI’s infrastructure, contributing to the ecosystem’s growth and scalability.
Community and Ecosystem Development: Strengthening the decentralized AI community by backing projects that bring value, diversity, and innovation to the space.
Why Partner with ceτi AI?
ceτi AI stands at the forefront of the decentralized AI revolution, with a proven track record of innovation and a strong commitment to an open, accessible AI future. By partnering with ceτi AI through the Partnership Innovation Fund, projects can gain access to:
Expertise and Collaboration: Leverage ceτi AI’s deep industry knowledge and technical expertise to accelerate project development.
Network and Visibility: Benefit from ceτi AI’s established network and gain visibility within the broader decentralized AI and blockchain communities.
Shared Vision: Users can join a collective effort to shape the future of AI, promoting a decentralized approach that prioritizes accessibility, diversity, and innovation.
A Vision for Partnership and Innovation
Tony Evans, Chief Strategy Officer at ceτi AI, shared his vision for the fund, “The ceτi AI Partnership Innovation Fund isn’t just about financial investment; it’s a testament to our belief in the transformative power of collaboration at the intersection of AI and blockchain. By supporting projects that share our vision of an open, decentralized AI future, we’re not just fueling innovation; we’re actively building the community and ecosystem that will drive the future of technology. This fund is our invitation to innovators and visionaries who dare to dream big and join us in shaping the next frontier of AI.”
Shaping the Future with ceτi AI
ceτi AI invites crypto AI projects, developers, and innovators looking to make a substantial impact in the decentralized AI space to explore partnership opportunities with ceτi AI. Those interested in the Partnership Innovation Fund or seeking more detailed information can contact ceτi AI at partnership@taoceti.ai.
About ceτi AI
ceτi AI is pioneering the decentralization of artificial intelligence. Our mission is to build a globally distributed, high-performance, scalable AI infrastructure accessible to developers and networks across the globe, thereby accelerating the advancement of decentralized AI and fostering a more diverse and inclusive AI ecosystem.
For a deeper dive into our mission, technology, and the future we’re building, users can refer to ceτi AI litepaper and visit ceτi AI website at http://taoceti.ai. Follow us on X, Telegram, and Discord for the latest updates and community discussions.
Contact Information:
For press inquiries, users can contact:
For inquiries regarding the Partnership Innovation Fund, users can contact:
Contact
Chief Strategy Officer
Tony Evans
ceτi AI
partnership@taoceti.ai
Singapore, Singapore, March 27th, 2024, Chainwire
OPZ Token ($OPZ) is an all-in-one solution that combines a wallet on iOS & Android, decentralized exchange, advanced AI trading, and NFC technology. It provides 1,000,000,000 tokens for traders. Using ERC-20, this token employs powerful AI trading technology to handle users’ trades. Traders buy and hold the tokens, AI system then takes over, trading continuously on 10,000+ cryptocurrencies, such as Bitcoin, Ethereum, and Binance Coin.
OPZ-AI: AI Analysis
OPZ Token uses blockchain technology and sophisticated Artificial Intelligence (AI) technology to accelerate and secure transactions. The team believes in the idea of AI in cryptocurrency- AI can analyze data, forecast trends, and automatically decide whether to buy or sell cryptocurrency. It helps study market patterns, forecasts how prices may change, and even decides whether to buy or sell coins without human assistance.
Combining AI and blockchain technology in cryptocurrencies builds a powerful team. Blockchain guarantees security and openness, and AI helps consumers make informed decisions about trading cryptocurrencies. Together, blockchain and AI improve the effectiveness and potential profitability of cryptocurrency trading.
OPZ-AI revolutionizes cryptocurrency analysis by providing comprehensive, real-time insights and trend analyses for over 10,000 coins.
Participating in the OPZ Token Presale is simple, with prices starting at $0.028, and the launch price set at $0.1.
OPZ Wallet
The OPZ Wallet addresses the growing demand for user-friendly and secure self-custodial solutions in the cryptocurrency space. Leveraging the innovative KeyFusion protocol, a form of Multi-Party Computation (MPC) technology, OPZ Wallet combines advanced security measures with intelligent, AI-driven insights to offer a superior self-custody experience.
OPZ-DEX: Revolutionizing Bitcoin DeFi
OPZ-DEX is a groundbreaking platform that leverages the robustness of Bitcoin’s Layer 2 for decentralized trading. It features the Chronicle Matching Engine for high-performance, low-latency trading and employs Zero-Knowledge Rollups for enhanced transaction throughput and privacy.
OPZ Token: Revolutionizing DeFi with Advanced AI Integration
OPZ Token marks a significant advancement in cryptocurrency. It combines a wallet and exchange that is supercharged with advanced AI technology. OPZ is well-positioned to gain a significant share of the rapidly growing DeFi market.
Moving forward, OPZ Token aims to push the boundaries of technological innovation while empowering investors and driving positive transformations.
For more information, users can visit https://opz.com
Users can join the OPZ Presale here.
About OPZ
OPZ’s mission is to accelerate the transition to self-ownership of assets by bridging the gap between the cryptocurrency industry and the traditional financial world.
Contact
Louis Drummond
info@opz.com
Amsterdam, Netherlands, March 26th, 2024, Chainwire
The OPEN Ticketing Ecosystem launched this week, intending to disrupt the $85 billion ticketing industry using blockchain technology.
A new RWA use-case is born
Amidst the massive growth for real-world asset (RWA) use cases, onchain tickets might be the next big thing. Traditional ticketing is an $85 billion industry that’s ripe for disruption, with specific opportunities for blockchain-driven solutions. OPEN’s mission is to take all tickets onchain, delivering much-needed transparency for fans and fair earnings for creators.
OPN token
All ticketing activity on OPEN’s tooling is driven by the OPN token, which will become tradable starting Friday March 29th. Ticket integrators source OPN from the open market in order to access tooling and issue tickets. When staking goes live for OPN, all stakers will earn yield directly from all global onchain ticket activity.
Plug & play infrastructure
The OPEN team has built onchain ticketing infrastructure since 2016, resulting in a plug & play toolsuite that adds value at any scale; from small independent artists looking to grow their community and issue NFT collectibles, to large ticketing operators looking to take their tickets onchain. Every ticket issued using OPEN can be verified onchain with full transparency. OPEN has issued over 5 million tickets onchain to date – and is expecting to raise their annual ticket volume to 20 million this year.
Event financing
Taking ticketing onchain not only makes the ticketing experience smoother – there are additional unlocks that make the lives of everyday creators easier in ways never before possible. Take OPEN’s new event financing tool, a way for artists and event organizers to crowdsource the funds needed to realize a show, tour or festival, by leveraging their unsold inventory of onchain tickets as collateral for DeFi funding. Participants who help realize these events are rewarded with a programmable yield, issued to them automatically the moment the ticket sale takes place. This approach unites the latest in RWA & DeFi tooling to provide freedom and independence to creators.
More about OPEN:
The OPN token will launch on Friday March 29th. Follow along with OPEN’s mission for taking ticketing onchain through the website: onopen.xyz & the official OPEN twitter account.
Contact
Olivier Biggs
OPEN
olivier@onopen.xyz
Singapore, Singapore, March 26th, 2024, Chainwire
FOMO BULL CLUB, an exclusive, multichain, decentralized launchpad and liquidity hub for memecoins, targets key challenges in their launch process. By creating a launch framework on networks such as Polygon, Solana, Ethereum, Manta Network, and SUI, it removes the risk of rug pulls and guarantees instant utility for newly launched memecoins.
FOMO BULL CLUB has been generating buzz on X, thanks to its highly successful member sale last month, which sold out in just 15 minutes, and its confirmed exchange listings of the $FMBC token on Bitget, Mexc, LBank, and Bitmart.
Without gatekeepers, Member NFT holders are empowered to propose, launch, or relaunch memecoins by contributing liquidity to the launch pool of a memecoin. Upon reaching the launch pool’s threshold, the memecoin is minted, assuring instant liquidity, staking, and farming.
Highlighting its member-centric approach, FMBC announces the launch of the first memecoin, $FUSD – “THE UNSTABLE COIN,” at MEMECON, Lisbon, on May 28th.
About FOMO BULL CLUB
FOMO BULL CLUB is a members-only, decentralized launchpad and liquidity club. It initially supports memecoins on the Polygon network and is set to expand its platform to include Ethereum, Solana, Manta Network, and SUI. Member NFT holders propose and vote on either the launch of new or the re-launch of existing memecoins on FMBC, by contributing to their launch liquidity pools. Launches are fully automated, decentralized, and created with liquidity farming, LPT staking, and LPT farming. This approach grants memecoins launched on FMBC instant utility and maximized sustainability. Once the minimum required for a memecoin launch pool has been staked by members (LPs), the pool is automatically created on a leading DEX like Uniswap and then shared with non-club members of our herd and the general public. Memecoins are immediately distributed to LP’s wallets without any lockups or vesting. Smart contracts are audited, and ownership is renounced with zero possibility of a rug pull.
Users can join the meme coin revolution at https://fomobull.club
Secure your spot in the $FMBC Community Sale: https://fomobull.club/sale
Twitter: https://x.com/fomobullclub
Telegram: https://t.me/fomobullclub
Discord: https://discord.gg/fomobullclub
Contact
FOMO BULL CLUB
fomobullclub@gmail.com
Addis Ababa, Ethiopia, March 26th, 2024, Chainwire
DeMi, an innovative tokenized mining platform, has announced a partnership with BitCluster, a leading mining solutions provider, and this is an important step to expanding the capacity for both companies.
DeMi, an innovative tokenized mining platform revolutionizing the industry, has announced a strategic partnership with BitCluster, a leading mining solutions provider. This collaboration means DeMi can scale up multiple times while optimizing energy costs. This will also allow platform users to mine cryptocurrency more effectively since the price of electricity is only $0.049 per kWh.
Equipment power is transformed into DEMI tokens, the process involves the conversion of computational power from mining equipment into DEMI tokens, serving as a tangible representation and confirmation of purchasing a designated hashrate. To begin mining on the platform, users simply need to purchase and stake these tokens. This innovative approach allows users to actively participate in the mining process with ease. This system not only democratizes access to mining by simplifying the entry process but also ensures that participants can directly contribute to and benefit from the network’s security and consensus mechanisms.
At the end of December 2023, BitCluster announced the launch of a 120 MW data center in Ethiopia with a total area of 30 thousand square meters. This amount of power allows them to place over 30 thousand mining machines such as Antminer S21 200Th.
“We considered many options to place our equipment,” Andrey Mashitskiy, DeMi Product Owner said. “And after months of searching, we finally found the ideal solution—the BitCluster facility in Ethiopia. This is a country with a perfect climate: the average daily temperature ranges from 12 to 23 degrees, and there is no dust or heat. The BitCluster data center is located in the capital, Addis Ababa, which is convenient for logistics. And the main reason for this decision was the low electricity price.”
DeMi has already placed more than 500 devices at the new facility with a total capacity of 59 Petahash and plans to further expand mining capabilities at the BitCluster data center in Ethiopia.
For more information about DeMi and their partnership with BitCluster, users can visit here.
About DeMi
DeMi is a tokenized mining platform that enables users to get BTC rewards using DEMI token. By offering a unique mining experience, DeMi allows users to effectively engage in cryptocurrency mining.
About BitCluster
BitCluster is a modern mining solutions provider. BitCluster provides end-to-end solutions for hosting and maintaining high-power computing hardware for users looking to scale their Bitcoin mining capabilities while keeping energy costs at the lowest possible level.
Contact
DeMi Product Owner
Andrey Mashitskiy
DeMi
info@demi.gg