Majuro, Marshall Islands, May 25th, 2023, Chainwire
Web3 project FLUUS has announced the listing of its eponymous token on MEXC exchange. The $FLUUS token was listed on MEXC on May 24 at 12:00 UTC, marking the first centralized exchange to list the Avalanche-based asset.
MEXC’s decision to list the $FLUUS token will support the FLUUS team in its mission to revolutionize access to web3 for developers and consumers. As a multi-purpose utility token, $FLUUS performs a range of roles including fee reductions for developers integrating FLUUS into their solutions. It also serves as collateral for on and off-ramp partners and rewards retail users with real yield.
FLUUS is on a mission to connect the world’s digital money by making it easier for crypto holders to transact. FLUUS Pay, its flagship product, combines a widget and API that enables anyone to buy, sell, and swap cryptocurrencies. It can be easily embedded into third-party websites and applications.
As a fixed supply token, the one billion $FLUUS that have been minted will never be increased. The token aligns incentives within the FLUUS ecosystem and its importance in driving desirable outcomes will increase as further FLUUS products are released. Use cases such as staking and governance within FLUUS DAO will be complemented by new ways of saving $FLUUS while driving the project’s overarching goal of making crypto spendable for millions.
The second project to launch on the AllianceBlock Fundrs Launchpad, the $FLUUS token sale sold out in just three hours. The token’s listing on MEXC was ratified with the support of the exchange’s community. The Kickstarter session that resulted in the $FLUUS listing was confirmed after a total of 45,089,514 MX voted in favor.
MEXC is the 15th largest cryptocurrency exchange by volume and is famed for its support of emerging web3 projects that are on a mission to effect positive change through intelligent tokenization.
About FLUUS
By building global solutions that cater to underserved markets, FLUUS promises to evolve the crypto ecosystem to connect the whole of humanity to better economic opportunities. FLUUS believes in being a force for positive change, evolving the crypto ecosystem to boldly overcome financial barriers in the developing world.
Learn more: https://www.fluus.com/
Contact
Dan Edelstein
pr@marketacross.com
Mahe, Seychelles, May 24th, 2023, Chainwire
Tenet, a layer-1 ecosystem for creating yield and utility for liquid staking derivatives (LSD), is expanding its presence on the Cmarket through two key partnerships with QTUM, a Proof of Stake network combining the benefits of Ethereum and Bitcoin, and Conflux, a layer-1 network operating on a hybrid Proof of Stake and Proof of Work consensus mechanism called Tree-Graph.
Thanks to the partnerships, CFX and QTUM stakers will be able to bring their assets to the Tenet blockchain and “restake” them to unlock more yield for their assets. LSDs allow holders to reap the full benefits of staking on the original network, while having full control over their assets through a liquid token representing the underlying staked tokens. The LSD token can be used in DeFi to earn more yield, provide liquidity or swap it using decentralized protocols.
Tenet offers a unique layer-1 ecosystem whose security is derived partially from all the partner tokens restaked on its platform. In return, stakers get full access to various DeFi yield opportunities on the chain through a Tenet LSD for each LSD they stake.
Users bridging their assets to Tenet will receive a unique LSD token issued by Ankr, a leading staking infrastructure provider and Tenet partner. The LSD tokens can then be staked with Tenet to generate the TLSDs. This enables stakers to triple their sources of yield by including the original network’s yield, Tenet staking yield, and Tenet DeFi protocol yield.
Tenet has partnered with Ankr, a staking infrastructure provider, to help launch LSD initiatives for its partner layer-1 blockchains. The project is co-founded by Greg Gopman, previously CMO at Ankr, and Dan Peterson, formerly Head of Revenue Operations at Blockdaemon.
Conflux is the first publicly regulated blockchain in China, offering a unique hybrid PoW and PoS consensus, as well as full support for EVM smart contracts. The network has been integrated by a number of partners such as the City of Shanghai, McDonald’s China, China Telecom and others.
The CFX token is currently trading at an approximate $800 million market capitalization and $1.5B fully diluted valuation, with 10% of the network’s supply being staked. Due to its positioning as the only chain with regulatory support in China, it has significant traction in the region. By working together with Conflux, Tenet can tap into a major market while bringing the benefits of LSDs to the Asian community.
Qtum is a decentralized Proof-of-Stake blockchain launched in 2017. With a significant presence in Asia and a growing western community, Qtum offers a development platform with elastic scalability, perfect for onboarding the Web3 revolution. With a 6 billion dollar peak market cap, Qtum will be instrumental in growing Tenet’s adoption and security as one of the first foundations to offer Tenet and Ankr-backed LSDs to their community.
“The Asian market is often siloed from Western crypto projects, but it is a key avenue of expansion for any project wishing to become truly successful,” said Greg Gopman, co-founder of Tenet. “Partnering with Conflux and Qtum is a win-win for all involved, as the networks’ stakers get two extra sources of yield and much greater flexibility with their own customized LSD, while we receive extra security and a chance to tap into the enormous Asian blockchain community.”
As Conflux’s Global BD Lead, Dora has expressed his excitement about the new partnership with Tenet, stating, ¨We are thrilled to partner with Tenet and bring the power of LSDs to our community. This partnership aligns with our mission to foster a truly decentralized ecosystem, and the integration of LSDs will not only give our stakers the ability to maximize their yield but also enhance the flexibility and utility of their assets.¨
Miguel Palencia, Qtum Co-Founder and COO had this to say: “Partnering with Tenet allows Qtum to be one of the first blockchains to offer Liquid Staking Derivatives. This additional reward for lending computational resources to the network keeps in line with our green philosophy, and should help further strengthen both networks.”
About Tenet
Tenet is a DeFi-focused Layer-1 ecosystem built on the Cosmos network, providing liquidity and yield opportunities for liquid staking derivatives (LSDs). Tenet aims to unlock the potential of the rapidly growing LSD market, which is currently valued at over $17 billion. Tenet takes a unique approach by sharing security through Diversified Proof of Stake, while using L1-native gauges to let users earn yield on their liquid staking assets and participate in the platform’s governance.
About Conflux
Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security. As the only regulatory compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia.
About Qtum
Qtum was founded in 2016 as a scalable Proof-of-Stake development platform. Qtum’s ability to merge Bitcoin’s base UTXO model with the EVM allows more options for blockchain developers. Qtum strives to stay upstream with the latest Bitcoin and Ethereum updates, like Taproot, SegWit, and Evmone. Qtum’s staking model is permissionless, which allows any users to participate in the validation process without the need for masternodes or delegation.
Contact
Press
team@tenet.org
New York, United States, May 23rd, 2023, Chainwire
The crypto community thrives on digital connections and exchanging ideas. The techno-activists Cypherpunks owe their rise to social media platforms, as does the birth of cryptocurrencies and blockchain technology.
It’s no wonder that blockchain-based social networks are popping up left and right, ready to reward users with crypto for simply being social butterflies.
WUBITS is taking it to the next level, gamifying trading, social networking, and creating a space where traders and crypto enthusiasts can mingle, share ideas, and monetize.
Leaps Ahead: The Demise of Trading Pits and the Emergence of a New Era
Gone are the days of bustling trading pits, where shouting traders and chaotic energy fueled the markets. In one word: pandemonium.
As trading evolved into a digital activity, crypto has given birth to a fresh era of emotions and community, now found on various social media platforms. Twitter and other networks have become hosts to an abundance of sentiment, trading ideas, and passion, reflecting the market’s highs and lows.
Yet, this digital age is tainted by the presence of bots, spam, and fake accounts. Creators are left walking on eggshells, cautious of being flagged or banned by big platforms. The evolution from trading pits to the digital era brings new challenges, calling for a solution that maintains the spirit of community while eliminating the pitfalls of current social media platforms.
WUBITS: The Crypto-Social Nexus – Where Web3, Trading, and Networking Collide
WUBITS provides a unique space for users to build meaningful connections with fellow traders and enthusiasts. The platform encourages open dialogue, fostering a sense of camaraderie among its users. Whether it’s discussing trading strategies, sharing news about the latest blockchain developments, or celebrating market wins together, WUBITS offers a haven for those who love everything crypto.
WUBITS was built by crypto fans and traders who recognize the value of genuine interactions among its users. That’s why it implemented measures to ensure that the platform remains free from bots and fake accounts. By prioritizing the user experience, WUBITS has cultivated a community where ideas and insights can be shared freely without the interference of spam and manipulation.
A standout feature of WUBITS is the ability for users to earn cryptocurrency as they participate in the platform. They share their best trading strategies, insights, or premium content and watch the digital rewards flow into their crypto wallet. With WUBITS, creators can monetize their knowledge and expertise while helping others on their crypto journey.
New Features Deployed
WUBITS recently unveiled exciting new features – Trade Ideas and Price Calls – to improve how users interact and share insights on the platform. With Price Calls, users can make precise price predictions on specific assets, comparing their forecasts against actual asset prices by a given date and time. Additionally, they can turn their predictions into premium paid posts.
The “Trade Ideas” feature allows users to share trade setups in a visually structured manner, eliminating the need to type out lengthy explanations. This streamlined approach to sharing insights makes it even easier for WUBITS users to learn and grow together.
WUBITS recently announced its Official Author Program, designed for content creators who love engaging with the community and want to earn crypto rewards for quality contributions.
Members joining the program will enjoy benefits such as increased exposure, featured posts on WUBITS’ official social media, and Top Author crypto rewards based on an algorithm and smart contract-driven system.
About WUBITS:
WUBITS is a web3 social platform for crypto enthusiasts – a whole new way to create, engage and transact in crypto. Try out the WUBITS platform here.
Contact
Principal
Yvonne C
WUBITS
yvonne.cheng@k2n.io
New York, NY, May 22nd, 2023, Chainwire
World-renowned photographer Chen Man features Grimes in an iconic NFT collection “Silent Noise: Episode 01” on May 24th at 3pm UTC exclusively on LiveArt, the global Web3 platform for art and culture founded by Sotheby’s and Christie’s art market veterans and backed by Binance Labs and Animoca Brands. The collection is offered exclusively on https://chenman.liveart.xyz.
Chen Man, a contemporary photographer and visual artist whom the New York Times called “The Chinese Annie Leibovitz” has created a unique visual language that revolutionized fashion photography in China. Over the years, Chen Man has continuously collaborated with world-leading magazines, including Vogue, Elle, Harper’s Bazaar, i-D, Muse, and more. Chen Man’s works have entered permanent collections at Victoria & Albert (V&A) Museum in London and Asian Art Museum in San Francisco. Chen Man’s works are collected by many high-profile collectors, with prints selling for up to $25,000. In April 2011 Chen Man had a solo exhibition at Beijing Today Art Museum followed by another solo exhibition in Museum of Contemporary Art Shanghai. Chen Man’s muses include Rhianna, Miranda Kerr, David Beckham and Grimes. Louis Vuitton, Gucci, Dior and most of the major fashion houses have partnered with Chen Man.
Chen Man has transcended the fashion world to become an influential contemporary artist. She infuses the legacy of fashion photography with our contemporary digital reality, creating sublime images that transform our perceptions of beauty, fashion and identity.
LiveArt is introducing Chen Man to the global Web3 audiences with the multi-chapter “Silent Noise” NFT series consisting of highly collectible artworks, with an underlying theme of humanity’s and AI’s future, details can be found on LiveArt, accessible at https://chenman.liveart.xyz.
For her genesis digital collection, to be released on May 24th on LiveArt, Chen Man has chosen an iconic shoot with Grimes entitled “The Last AI Robot On Earth” shot the day before Grimes gave birth to X AE A-Xii. Both Grimes and Chen Man share a passion for the study of AI, its origins, and its possibilities. This shared passion fuels the underlying theme of Chen Man’s genesis Web3 project, a multi-chapter experiential deep dive into the imagination of one of the 21st century’s most important artists.
“This NFT collection has allowed me to have more experimentation with photography. I am much more free to impose my own artistic vision into the genre, to push the limits of photography without any constraints. Photography is a fantasy, it allows one to dream, it allows artists to create new worlds. And in creating new worlds we transform the way we think about ourselves,” says Chen Man.
“Just as Beeple carved a path in the Web3 art world for digital illustrators, Chen Man is doing the same for photographers that wish to build a collector base for digital works in Web3,” says Vincent Harrison of iv gallery.
Chen Man’s mission is to create an interactive, safe, inclusive, and engaging experience for her audience as they embark on this journey of discovery and adventure with her. Each “Silent Noise” drop will coincide with multiple chances to gain $ART token rewards, unique 1/1 works, and even attend a photoshoot with Chen Man. As always, LiveArt will be offering additional rewards to its X Card holders.
A few fortunate collectors will have the chance to be immortalized in the second chapter of this epic journey, “The Memory Brick”. As AI is developing rapidly, human memory is at risk of being manipulated, tampered with, distorted, and even erased. “The Memory Brick” will combine physical/digital art and social commentary as a museum exhibit based around recording and storing the last biological memories.
“This is one of the most innovative, complete, and well-thought-out projects we’ve seen – plus it has rockets, AI, and the Musks, who are tech royalty. The buzz is off the charts, I think it will be pretty tough to grab one,” says Boris Pevzner, CEO of LiveArt.
“Silent Noise: Episode 01” will be offered as a limited edition of 500 NFT’s at $100 each, to create an affordable, attractive entry level into the Chen Man Universe. It will be available exclusively on LiveArt, accessible at https://chenman.liveart.xyz.
About LiveArt
Founded by Sotheby’s and Christie’s art market veterans and backed by Binance Labs and Animoca Brands, LiveArt is the global Web3 platform for art and culture. LiveArt blends AI and blockchain with intimate knowledge of the art market to bring exclusive Web3 collecting experiences to a global audience. LiveArt’s $ART utility token powers the LiveArt Protocol that drives value for the LiveArt ecosystem through membership and loyalty programs for the communities of LiveArt and its partners.
Official Website | Twitter | Medium | Instagram | Link3
Contact
CEO
Boris Pevzner
LiveArt
press@liveart.io
Sydney, Australia, May 20th, 2023, Chainwire
The EDCON 2023 organizing team has partnered with Smart Token Labs to deliver Permissionless Perks, an Open Loyalty solution that enables event attendees to independently verify ticket ownership to 3rd party perk providers.
Attendees at EDCON 2023 in Montenegro from May 19th – 23rd, can claim over 30 exclusive perks available only to them.
CEO of Smart Token Labs, Victor Zhang, said Permissionless Perks is one of the few commercial examples of Open Loyalty: “ It’s a permissionless Open Loyalty solution where the verification occurs between the ticket holder and the perk provider without involving the event organizer. A URL delivered to attendees is an attestation that attests ticket ownership and is then stored in the browser’s local storage to enable the seamless claim of perks on the providers’ websites.”
Sky Harris, Marketing Lead of De University of Ethereum, co-organizer of EDCON, praised Permissionless Perks as a great way to create additional value for attendees: “What we love about this solution is it enables any 3rd party to add value to the attendee experience by providing perks for our ticket holders. It’s a truly permissionless and decentralized solution, and attestations unlock unique value.”
“There are over 30 perks for attendees, ranging from the ability to free mint a derivative Cool Cat in EDCON swag to the chance to claim one of 50 serves of ‘Njegusi Prosciutto’ from a famed local Montenegrin restaurant.
“We thank our friends at Smart Token Labs for supporting EDCON by enabling ticket attestations and Permissionless Perks via their fully open source TokenScript technology.”
STL has now delivered the Permissionless Perks as a public goods supporter to the three largest ethereum developer events of 2022 and 2023 including EDCON 2023 in Montenegro, Devcon VI in Bogota, and DevConnect in Amsterdam.
About Permissionless Perks
Permissionless Perks is an open loyalty platform enabling any brand to offer a perk to event ticket holders through an open marketplace. Because it is open, any brand can create value for verified event attendees, removing the burden of value creation from the event organizer. At Devcon VI in Bogota, Permissionless Perks had a 58% engagement rate, and a 20% claim rate on rewards which is 2X the industry average.
About Smart Token Labs
Smart Token Labs is the creator of SmartLayer, a chain agnostic Token Utility Protocol that enables mainstream use cases between web2 and web3. SmartLayer consists of Smart Tokens that let businesses convert user data into smart tokens owned by those users. Token utility is enabled by SmartLayer seamlessly integrating token utility and logic into products and services across both web2 and web3.
For more information visit:
Official website | Twitter | Telegram
Contact
CMO
Brent Annells
Smart Token Labs
b@smarttokenlabs.com
Dubai, UAE, May 18th, 2023, Chainwire
Zeebu, the world’s first end-to-end blockchain platform designed specifically for global telecom carrier businesses, is excited to announce its strategic partnerships with BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc. and Novatel, d.o.o.
These partnerships will lead to hundreds of thousands of transactions annually, making Zeebu a game-changing force within the telecom carrier industry.
“The world of telecommunications is fast-paced and ever-changing. The power of blockchain technology lies not just in its ability to facilitate transactions but in its capacity to foster trust and transparency. We are sure Zeebu’s partnerships with key telecom leaders will usher in a new era of innovation and growth.” – said Raj Brahmbhatt, Founder & CEO, Zeebu. “We look forward to working with our partners to create lasting value and drive sustainable growth for years.”
BBT Voice is an international wholesale voice and SMS carrier with offices in the UK, India, Armenia, and Ukraine, boasting over 400 interconnections. Broadband Telecom Inc., part of the Bankai Group, is a world-leading communication enabler carrying billions of minutes on its dedicated and globally accessible network.
BBT Voice CEO Rahul Sharma stated:
“This deal marks a cornerstone moment. We are confident that with our combined strength, we will construct remarkable achievements in the blockchain industry. We are sure the platform will deliver on its promises of transparency and trust.”
Nakul Rege, Chief Growth Officer of Broadband Telecom Services, adds:
“Telecommunications is an incredibly dynamic and rapidly evolving field, and keeping up with the latest technologies, trends, and customer demands can be challenging. Zeebu’s blockchain platform will drive innovation, expand our reach, and deliver exceptional customer value.”
As a global leader in retail and wholesale VoIP termination services, BridgeVoice’s robust experience has enabled it to develop an Automated Carrier Platform for telecom operators, carriers and service providers. It also offers an online platform called “BridgeVoice Pluto” for trading and settlement of wholesale interconnect voice and SMS services, providing carriers with access to a range of alternative network operators.
Bridge Voice, Chief Revenue Officer, Nickey Peshwani said:
“Zeebu is the first blockchain-powered telecom loyalty platform for wholesale voice business and will enable instant settlements anywhere in the world. With its secure, rewards-based payments ecosystem, we’re confident it’s going to boost margins for every industry player.
Novatel is Slovenia’s leading mobile virtual network operator, providing mobile and IP telephony, internet and information services to European enterprises. It’s currently building out its own mobile network, with a view to launching this summer.
Novatel CEO Jernej Kenda commented:
“We can’t wait to get started with Zeebu. It will be a game-changer for settlements in the telecom carrier industry, with its powerful utility delivering tangible value for all network participants.”
Zeebu’s revolutionary blockchain solution addresses telecom carrier businesses’ challenges, including security threats, rising and complex costs between intermediaries, and remittance delays of up to 20 days. The platform transforms the industry by unlocking instant global transactions and leveraging enterprise-grade security to protect against cyber attacks and fraud.
The Zeebu platform’s use of smart contracts and blockchain technology creates a trustless, transparent, and more efficient ecosystem for telecom carriers and their partners. In addition, Zeebu tokens, the platform’s loyalty utility token, eliminate the need for conventional banking channels and intermediaries, making cross-border transactions fast and seamless.
Zeebu is thrilled to onboard these significant industry players as its platform’s first users, beginning global transaction settlements using Zeebu tokens.
This development ushers in a new era for telecom carriers as they embrace blockchain technology for more efficient, cost-effective operations and settlements.
About Zeebu
Zeebu is a pioneering company in blockchain and settlements, providing an innovative platform for the telecom carrier industry, comprising over 6000 players in a $120 billion market. With their first-of-its-kind loyalty and utility token, Zeebu aims to revolutionize the global telecom carrier market, transforming cross-border transactions and improving profitability in the industry. Zeebu’s mission is to extend its groundbreaking solutions to other B2B industries facing similar challenges with international remittance and lean margins.
Contact
CMO
Dr. Raghavendra Hunasgi
hello@zeebu.com
Kyoto, Japan, May 18th, 2023, Chainwire
Japan’s largest global conference for crypto, IVS Crypto 2023 KYOTO, has named leading blockchain marketing specialist MarketAcross one of its media partners. The pair will work together to ensure the 2023 event receives the recognition and attention merited by its exciting three-day itinerary.
The web3-specific event is part of IVS, first held in 2007 and a staple of the Japanese startup events calendar. The 2023 edition will be held at the Kyoto International Exhibition Hall “Miyako Messe” between June 28-30. It will feature over 200 speakers participating in various sessions related to the startup ecosystem, including web3 and crypto.
“Our expectations for this year’s conference could not be higher, and the appointment of MarketAcross as a media partner gives us even more confidence,” said Whiplus, Head of IVS Crypto.
“I have no doubt that startup executives and investors, including those in the burgeoning web3 space, will appreciate the diversity of events we have planned this year.”
The IVS Crypto conference connects startups and entrepreneurs with executives, investors, developers, evangelists, and enthusiasts and a range of meetups, workshops and Q&A sessions are scheduled in addition to keynote presentations. Speakers at this year’s event include Circle CEO Jeremy Allaire, Digital Garage Co-Founder Ito Joichi, Ripple VP of Strategy & Operations Emi Yoshikawa, Yield Guild Games Co-Founder Gabby Dizon, and more.
“We are delighted to join IVS Crypto as a media partner for 2023,” said Itai Elizur, Managing Partner at MarketAcross. “Working with the world-class IVS team is something we’ll be proud of for years at MarketAcross.”
During the event, a range of side events hosted by IVS Crypto participants and partners will take place at various venues in the vicinity of the events space, enabling participants to make connections and learn from people working in a wide range of industries. Over 10,000 people are expected to attend.
In addition to organizing and hosting the conference, IVS is a launchpad that invests in promising startups selected by a panel of judges. So far, the launchpad has raised over $2.2 billion with more than 430 participating companies. This year, 14 finalists selected from over 250 long-listed startups will give a six-minute presentation about their products before an overall winner is declared.
About IVS Crypto
IVS Crypto is Japan’s largest web3 conference. The annual event, which brings together web3 entrepreneurs, investors, developers, IP holders, and curious enthusiasts, features interactive sessions, workshops, presentations and more.
Contact
Head of IVS Crypto
Whiplus Wang
ivscrypto@ivcrypto.io
Dubai, UAE, May 18th, 2023, Chainwire
From Binance-style super meet-ups to online contests, the crypto exchange is celebrating Bitcoin’s famous first purchase
Binance, the world’s largest cryptocurrency exchange, is celebrating the thirteenth anniversary of Bitcoin Pizza Day, the historic day in 2010 that a purchase of two pizzas was made in return for 10,000 BTC.
To celebrate this monumental day in crypto and the revolution it marks for the industry, Binance will be hosting in-person community meet-ups around the world. The celebrations will kick off in the birthplace of pizza, Naples, Italy, on May 21 and continue with local pizzeria and pizza van takeovers in ten countries, including Brazil, Bahrain, Pakistan, Vietnam, Sri Lanka, Cambodia, Uruguay, Mexico, Argentina, and New Zealand.
The community is also invited to celebrate Pizza Day on social media and the Binance app. Participants who share their Binance-themed pizzas using #BinancePizza or complete tasks to collect all the Pizza Flavours on the Binance app have a chance to win the crypto equivalent of a year's supply of pizza. Online celebrations will continue as Binance hosts a virtual live meet-up with the attendance of CZ on May 22 at 12:00 PM UTC, featuring discussions on the meaning of Bitcoin Pizza Day with prominent Binance Feed creators.
“Bitcoin Pizza Day is a testament to the power of community and the growing acceptance of BTC as part of our daily lives,” said Yi He, Binance co-founder and Chief Marketing Officer. “At Binance, we believe in the importance of mass adoption, and we are committed to creating more and more use cases for crypto in everyday situations. As more people recognize the value and potential of blockchain and crypto, our community grows stronger, and we continue to build our industry.”
The global Pizza Day meet-ups will offer fun activities with the chance to win swag and rewards, and of course, free pizza. Events vary by city, for example in Naples, the first 500 users to register for the event will be able to claim free “Binance style” pizza and drinks and take part in a pizza-making contest for Binance prizes. For more information on events near you, visit our blog.
Bitcoin Pizza Day stands as a pivotal milestone for the crypto industry, signifying its remarkable exponential growth and paving the path for widespread adoption of digital currencies over the past 13 years. As ever, Binance continues to move towards its goal of increasing the freedom of money and believes that growing crypto adoption will create even further opportunities for financial freedom. Therefore, once again this year, Binance is proud to celebrate this momentous day with our deserving and empowering community.
About Binance
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com
Contact
Marina Zibareva
pr@binance.com
Miami, FL, United States, May 18th, 2023, Chainwire
Borderless Capital is the manager behind this new fund. Investors include Jump Crypto, Aptos Labs, Polygon Ventures, Solana Foundation, Algorand Foundation, GSR, Arrington Capital among other institutions
Over twenty blockchain teams and venture funds have teamed up to launch a $50 million Cross-Chain Ecosystem Fund focused on backing and growing new startups that leverage the Wormhole cross-chain messaging protocol. The Cross-Chain Ecosystem Fund is being managed and operated by Borderless Capital, a leading venture capital firm in the Web3 space.
Backed by top blockchain protocols, infrastructure providers, and institutional investors, the fund aims to support cross-chain innovations that will drive the growth and adoption of the Web3 industry. The Cross-Chain Ecosystem Fund is backed by Jump Crypto, Polygon Ventures, Aptos Labs, Solana Foundation, Sei Foundation, Algorand Foundation, CLabs (the company behind the Celo Blockchain), the Moonbeam Foundation, Optimism, Circle, MultiCoin GP’s Tushar Jain and Kyle Samani, Arrington Capital, GSR, Floating Point Group, Chainlayer, Chainode Tech, 01Node, Staking Fund, Moonlet.io, Forbole Ventures, Syncnode, Inotel, Triton One, Strangelove, Securitize’s CEO Carlos Domingo, OtterSec among others.
Navigating the Web3 landscape is becoming increasingly challenging due to the proliferation of numerous layer-1 blockchains, layer-2 scaling solutions, and specialized appchains with unique purposes and parameters. This complexity poses difficulties for users and alienates developers who are restricted from accessing a single ecosystem, hindering their growth. The Cross-Chain Ecosystem Fund seeks to unlock the full potential of a cross-chain future, aiming to redefine users’ experiences and establish Wormhole as the cross-chain standard for builders to transcend the limitations of individual ecosystems. This innovation prioritizes aggregation, security, scalability, compatibility, and composability.
“We believe in a borderless Web3 future and are thrilled to have the support of our partners and investors who share our vision. In the same way that in Web2 the value was created through aggregating the relationship with the users we believe that in Web3 this is the natural next step” said David Garcia, CEO & Managing Partner of Borderless Capital. “Our goal is to empower builders to transcend the limitations of individual ecosystems, paving the way for blockchain applications and protocols to realize their full potential.”
Wormhole, the technological focus of the Fund, is a foundational protocol that enables cross-chain messaging of value and data across more than 23 high-value chains, already leveraged by influential protocols and companies like Uniswap, Circle and Base from Coinbase.
“Crypto is still a nascent industry with essentially limitless growth opportunity, and we should be doing nothing but working together, regardless of which specific networks individuals may be more passionate about. It’s really exciting to see so many ecosystems come together with leading venture funds to unite on solving the interoperability challenge by supporting startups that integrate Wormhole’s cross-chain messaging standard,” said Dan Reecer, Head of Operations at Wormhole Foundation.
Builders, founders and developers looking to reach across ecosystems can apply to the Cross-Chain Ecosystem fund at wormhole.com/programs. Applications will be reviewed by the fund manager, Borderless Capital, starting this month.
About Borderless
Borderless is a leading investment management firm focused on Web3 technology, dedicated to supporting the next generation of innovators who are driving the development of groundbreaking technologies that will enable the creation of value without borders. Borderless comprises a team of builders, partners, and investors who adopt a long-term perspective and strive to unleash the full potential of open, community-driven networks. Since 2018, Borderless has invested in 200+ protocols/companies across infrastructure, business applications, and nascent cryptographic protocols, and has played an integral role in the development of some of the most significant and innovative Web3 communities. For more information, please visit their website.
About Wormhole
Wormhole is the industry standard cross-chain messaging protocol powering applications across Web3. Wormhole provides developers access to liquidity and users on over 20 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more. Wormhole enables a growing suite of products to build on its messaging layer. Wormhole Connect is an in-app bridging widget that can be integrated in as few as 3 lines of code. The wider Wormhole network is trusted and used by teams like Circle (USDC) and Uniswap, and to date, the platform has facilitated the transfer of over 35 billion dollars through hundreds of millions of cross-chain messages.
Contact
Borderless Team
media@borderlesscapital.io
Crypto Intelligence News has agreed a content syndication partnership with Binance, which will significantly increase the news platform’s exposure, while providing Binance users with leading market insights and news.
Specifically, this partnership will provide Crypto Intelligence News’ content with exposure to an additional four million active cryptocurrency investors and traders.
“We are delighted to partner with Binance to further improve our brand awareness and content exposure,” Crypto Intelligence News said in a statement.
Crypto Intelligence News has grown steadily in recent years, reaching a monthly readership in excess of 1.2 million.
Over 75 percent of our readers are active investors in cryptocurrencies and/or NFTs, and over 50% of our traffic comes from the US and the UK.
To discuss advertising opportunities or publishing a press release, you can contact our sales team. Alternatively, you can send an email to sales@cryptointelligence.co.uk.