chainwire

Next-Gen Gamified Launchpad LaunchPunks Goes Live with Ghosty Cash

Valletta, Malta, November 18th, 2024, Chainwire

LaunchPunks has officially launched, introducing a gamified and community-centric approach to the crypto launchpad landscape. Built on Bitcoin via the TAP Protocol, the platform emphasizes fairness, transparency, and scalability while challenging traditional launchpad models.

Ghosty Cash “Spooky” – Supernatural Utility

Leading the charge with them is Ghosty Cash. Ghosty Cash represents an innovative approach to anonymous, cross-chain swaps, designed to challenge conventional DeFi models and enhance user autonomy.

With over $50 million volume swapped and 200% monthly Total Value Swapped (TVS) growth, Ghosty Cash and its utility token Spooky ($SPKY) are establishing a presence in the expanding Bitcoin DeFi ecosystem.

$SPKY Token Utility Highlights:

  • Monthly BTC Rewards: $SPKY holders stake with no lock-up, can earn monthly Bitcoin rewards and keep control of their assets
  • Deflationary Burns: For every $100 swapped, 0.5 $SPKY is burned, reducing overall supply
  • Real-Asset Utility & Compliance: $SPKY is MiCAR-compliant on SOL/TAP and balances the needs of privacy and regulation

https://youtu.be/gTr1eF2jYKg

A New Era for Launchpads: Fair, Fun, and Built for the Community

LaunchPunks breaks away from fixed tiers, hidden tokenomics and passive participation and takes a fresh, community-focused approach:

  • Scalable & Transparent: Dynamic Allocation rewards participation and promises fairness in volatile markets. Tokenomics are presented with easy-to-understand graphs.
  • Social & Gamified: Profiles, leaderboards and social integration turns every launch into an engaging and fun experience.
  • Inclusive & Anti-Establishment LaunchPunks embraces the punk values of doing things their own way and self-empowerment.

No More Ghosts in the Machine

With Ghosty Cash, LaunchPunks aims to bring a revolutionary approach to token launches sure to spook the competition.

“The old rules are gone – we’re making launchpads fun and accessible,” says LaunchPunks co-founder Mark. “We do things our own way, and everyone gets a chance.”

The Ghosty Cash community raise goes live exclusively on LaunchPunks, Monday, 18th November.

For more information, users can visit launchpunks.com.

About LaunchPunks

LaunchPunks is a first-of-its-kind, gamified, social launchpad experience on a mission to rewrite the code of crypto launches. Powered on Bitcoin by TAP Protocol, LaunchPunks delivers a transparent, scalable, and fun experience that puts the community first. LaunchPunks rejects outdated norms, embraces transparency, and seeks to disrupt.

Contact

LaunchPunks
info@launchpunks.com

Web3 Gaming Trailblazer Big Time Studios Announces $OL Token for the OpenLoot Gaming Platform

Austin, United States, November 18th, 2024, Chainwire

Big Time Studios, a Web3 gaming trailblazer and creator of the Open Loot platform and hit game Big Time, which has already processed a half billion dollars in total transaction volume, is making waves again. Active users of the Open Loot platform will soon be able to collect $OL, the marketplace’s first utility token, which will become the cornerstone of the Open Loot.

“We’re flipping the script on token launches. Instead of the usual fundraising frenzy, the launch of $OL is about giving back to our incredible community of players and game developers. From lower transaction fees and exclusive premium currency bundles to invite-only early access to Open Loot games, special NFT sales, tokens in-game drops during exclusive gameplay, and in-game perks,” said Ari Meilich, the visionary founder behind Big Time Studios

Designed to supercharge the Open Loot platform, $OL will boost user acquisition and drive engagement across all Open Loot games and products by delivering substantial utility to Open Loot users, from guardianship to exclusive benefits like better deals and early access to games and events to collecting in-game rewards. 

$OL Token

$OL token is not a fundraising mechanism. This launch is fair: there are no token sales, team-allocated tokens, or tokens sold to early investors. Open Loot users can collect $OL=ugh various activities within the platform. Players actively engage in unique game opportunities with partners, completing challenges and participating in unique events. For loyal players, the $OL tokens will provide users with early access to games, opportunities to purchase unique NFTs, and discounts on special premium currency packs and NFT primary sales.

For game developers, $OL is a powerful tool for user acquisition. Developers can leverage the token to reward players for in-game activity, such as reaching milestones or dropping tokens in-game, which will drive engagement. Limited-timed events can attract users to Open Loot partner games and create exposure for the game and the ecosystem. $OL fosters more profound connections between developers and their audiences, giving developers the power to offer players significant value through competitive, social, and metagame features and targeted promotional offers that enhance player engagement.

The potential uses for $OL are vast and will define engagement and innovation across the platform. $OL will foster trust in the Open Loot platform and marketplace, extend reach beyond traditional off-chain models, and lead the way for the Web3 gaming industry, opening up a world of opportunities for players and studios.  

Open Loot Platform

Big Time Studios’ Open Loot gaming platform and marketplace has facilitated nearly half a billion dollars in transactions since early 2024. This achievement stems from Open Loot’s ability to simplify complex cryptocurrency functions, scalability, distribution, payments, and regulatory compliance for developers. The marketplace boosts NFT discoverability and sales while providing various payment options.

Players enjoy high-quality games without typical Web3 issues like connecting a crypto wallet, paying gas fees, or waiting for transactions. Patented Vault technology allows easy NFT buying and selling without high gas fees, with the option to mint them onto the blockchain. The platform includes features like NFT rentals, a marketplace for non-crypto game currencies, and detailed NFT price histories, making Web3 gaming accessible. Game studios benefit from ready-to-use tech solutions, including game launchers and premium currencies. Open Loot also provides expert support in marketing, game economy design, and production, ensuring developers can meet player expectations and achieve success.

Open Loot platform manages all foundational elements, overseeing the sales and leasing of digital and traditional items for Big Time, the wildly successful free-to-play multiplayer action RPG, and five pioneering launch partners, each curating distinct Web3 gaming experiences. World Shards, an expansive sandbox MMORPG; Boss Fighters, an engaging multiplayer action title; The Desolation, an immersive cross-platform loot shooter; ShatterPoint, an adrenaline-fueled F2P action mobile RPG; and One Tap, a strategic first-person shooter. Positioned to redefine the gaming sector, Open Loot will focus on high-caliber mid-core to hardcore games.

First Half of 2024 Success

Since the start of 2024, the Open Loot platform has experienced growth driven by its vibrant community and excellent partners. So far, Underscoring Open Loot’s successful quarter was the exchange of over 1,067,103 NFTs and 1,551,969 NFT rentals. This year, more than 226,588 players have crafted more than 3,625,725 NTFs showcasing the platform’s dynamic and engaging ecosystem.

Since it opened, Open Loot has amassed over $445,167,044 in total transaction volume, with millions of transactions signaling the platform’s escalating popularity and triumph.

Users can visit https://openloot.com/ for more details.

About Big Time Studios

Big Time Studios, founded by Ari Meilich, is a pioneering force in the crypto gaming industry, renowned for its innovative Open Loot platform and the hit game Big Time. With a mission to revolutionize the NFT gaming experience, Big Time Studios seamlessly integrates high-quality games with blockchain technology, offering players unparalleled gaming experiences. The curated Open Loot platform gives developers the opportunity to reach a wider audience and drive engagement through unique in-game rewards and events, while players benefit from exclusive access to high-quality games, special NFT sales, in-game perks and airdrops. Big Time Studios’ Open Loot platform has facilitated nearly half a billion dollars in total transaction volume, underscoring its commitment to creating a dynamic and engaging ecosystem for gamers worldwide. For more information, visit Big Time Studios’ website.

Contact

CMO
Michael Migliero
Big Time Studios LTD
press@bigtime.gg

Plutus Announces Platform Enhancements to Bolster Transparency and Sustainability

London, United Kingdom, November 18th, 2024, Chainwire

Plutus, a pioneer in tokenized loyalty rewards, is implementing strategic upgrades to enhance platform integrity and ensure long-term sustainability. Guided by community feedback, with 67% of users expressing support, the company is rolling out initiatives aligned with its whitepaper, including offering rewards of up to 10% on debit card payments, positioning itself as a competitive alternative to traditional cashback and credit card programs.

Consequences Of Scaling Ambitions

Since its inception in 2015 as one of the earliest community-supported Ethereum-based platforms, Plutus has pursued rapid growth while maintaining a self-funded approach. This expansion has introduced operational challenges that have, at times, affected the customer experience and community trust.

Plutus is now dedicated to addressing these issues and strengthening the platform.

Steps to Improve Platform Integrity and User Experience

  • Helping Customers: Reinstated accounts flagged for misuse with guidance.
  • Enhancing Transparency: Updated terms and conditions offer clearer criteria and expectations for users.
  • Metal Card Extension: All holders affected by upgrades received +1 month free. 
  • New Features: PlutusSwap, PlutusMiles, PlutusGift, and more for in-app value. 
  • Tangible Benefits: Redeem for instant card-top ups, air miles or gift cards. 
  • PLU Rewards Anchor: In-app redemptions and emissions at a minimum £/€10 value.

A Future of Growth and Innovation

By the end of 2024, all in-app utilities, except PlutusSwap, will be anchored to a minimum intrinsic value of £/€10 per PLU (e.g., 1 PLU = £10 Gift Card), making external market conditions irrelevant. Starting in Q1 2025, PLU emissions will also align with this £/€10 intrinsic value set by in-app utilities. This approach aligns with Ernst & Young’s forecast of £/€7.90 per PLU in-app, aimed at achieving 100% self-sustainability through our network fee system, FUEL, and establishing a ‘FUD-proof’ model.

In a move toward greater transparency, Plutus plans to release its financial model as open-source, enabling public verification and contributing to industry innovation.

“Some doubt the system’s scalability and naively compare it to standard cashback,” said Plutus CEO Danial Daychopan. “To ease concerns, we’re re-validating the model with Ernst & Young and making it publicly available—not only to reassure our community but also to guide others who try to replicate our success. This move supports the industry, inspires us to innovate further, and lets us confidently leave them behind”

A Balanced Approach to Transparency

Plutus remains committed to transparency and fairness, with a top priority of ensuring the rewards system remains sustainable. The company understands that not everyone will agree with every decision, and that’s okay. Plutus is using this time to focus on what truly benefits the community in the long run. While some long-time customers may not agree with the direction, the company apologises for any disappointment, but to ensure continued benefits for all PLU token holders, the product must evolve.

Plutus doesn’t rely on fancy PR firms for polished statements – the company speaks directly and honestly with its community. While there may be missteps along the way, Plutus is committed to improving and ensuring its messages are clear, consistent, and aligned with its values.

Looking Ahead

Plutus prioritizes maintaining a secure, respectful environment as it prepares for growth and an upcoming Series A funding round with an industry-leading partner. This collaboration will support the 2025 network transition, enhancing Plutus’ tokenomics while safeguarding the community and fostering a positive space for customers who share its values. With Tier 1 network support and funding, Plutus remains committed to transparency and sustainability, ensuring its position as a leader at scale and delivering lasting value to millions of customers.For more details on upcoming features, please visit: Plutus White Paper 2024

About Plutus

Plutus is a leading rewards and finance platform, providing lucrative solutions for its community worldwide. Focused on transparency, trust, and organic long-term growth, Plutus empowers everyday card spenders with tokenised loyalty rewards that maximise value in any economy.

Contact

Plutus Team
press@plutus.it

WeFi to Enter New Phase of DeFi Following November $WFI Token Generation Event

Charlestown, Saint Kitts and Nevis, November 18th, 2024, Chainwire

WeFi, the next-generation financial platform dedicated to reimagining access to global financial tools, successfully holded the highly anticipated Token Generation Event for its native $WFI token on Friday, November 15th. Following the TGE, $WFI debuted on Bitmart on November 18th, opening up new avenues for participation and interaction within the WeFi ecosystem.

The $WFI token is the lifeblood of WeFi’s ecosystem, which seeks to empower users with a seamless blend of DeFi and traditional financial tools. Initially launched on Binance Smart Chain (BSC), $WFI will soon migrate to WeFi’s own WeChain blockchain, where it will power everything from liquidity pools and transaction fees to staking and advanced dApps. With a fixed supply of 1,000,000,000 tokens, $WFI was engineered to foster a unique ecosystem that values community participation and sustainable growth over quick gains.

The TGE for $WFI embodies WeFi’s commitment to a Fair Launch model, ensuring that all participants have equal access to the token from the outset, without the advantage of pre-sale allocations or VIP access. This Fair Launch approach aligns with WeFi’s mission to create a Financial ecosystem rooted in transparency and inclusivity, making $WFI accessible to a broad community of users.

A key feature that sets WeFi apart is its non-custodial account system, which seamlessly bridges Web3 and traditional banking. Users maintain full control of their digital assets while enjoying everyday banking convenience: their Web3 wallet connects directly to a non-custodial bank account linked to a credit card, enabling automatic spending from their crypto holdings without manual top-ups. This means users can spend their digital assets as easily as traditional currency while retaining complete custody of their funds.

This non-custodial design is expected to be a defining feature for WeFi, empowering users with secure, self-managed access to $WFI and positioning WeFi as a forward-thinking platform in the DeFi space.

A central pillar of WeFi’s approach is the Initial Technology Offering, or ITO platform, which facilitates community-driven token distribution through ITO nodes. These nodes allow early adopters to mine $WFI while also granting access to exclusive WeFi services, early listings, and additional rewards – creating a multi-faceted engagement model. Since its inception, the ITO platform has seen remarkable activity, with over 35 million $WFI tokens already minted, reflecting robust community support and interest in WeFi’s vision. Through ITO nodes, WeFi doesn’t just focus on mining but builds a network of committed users actively participating in the platform’s growth and evolution.

Maksym Sakharov, Co-Founder and Group CEO of WeFi shared his enthusiasm about the TGE and the ecosystem’s trajectory: “Our vision is rooted in the belief that access to the global economy is a fundamental right. We see a future where everyone, regardless of location or wealth, can claim their financial freedom through a secure, accessible, compliant, and fair financial system. We’re building a financial infrastructure that respects user autonomy and fosters inclusivity on a global scale. $WFI is the heartbeat of our platform; it facilitates everything from day-to-day transactions to secure staking, and it’s tailored for real use within our evolving ecosystem”. 

Sakharov added: “The TGE is a milestone that brings us closer to our vision of a new banking system where users truly own and benefit from the system they support. We’re thrilled to see $WFI go live on a major exchange, for more users to engage with WeFi and take control of their financial future.”

The $WFI listing on Bitmart at 11 AM UTC on November 18 kickstarted the journey. The deposits were opened on November 16 at 11:00 AM UTC, and withdrawals will be available starting November 19 at 11:00 AM UTC. This initial launch will boost liquidity and create new entry points for users globally, amplifying the reach of WeFi’s ecosystem.

As WeFi advances, the platform’s development roadmap includes further integration with the WeChain blockchain and the continued rollout of Neobank services. This TGE marks a significant chapter in WeFi’s journey to create a community-driven ecosystem that combines financial freedom with robust utility, thus signaling a new era of possibilities for decentralized finance.

About WeFi

WeFi is a pioneering global blockchain ecosystem and intelligent data platform dedicated to transforming finance through the integration of AI and blockchain technology. Focused on building a more inclusive and accessible financial system, WeFi leverages AI-driven nodes to analyze transactional patterns, proactively prevent financial crime, and deliver transparency, interoperability, and real-time insights to the global finance and fintech sectors. Through its Initial Technology Offering (ITO), WeFi invites early adopters to participate in the ecosystem, earning rewards while contributing to its mission of democratizing finance and setting new regulatory standards worldwide.

For more information, users can visit WeFi’s ITO website at wechain.ai or follow us on X for updates on $WFI and the WeFi ecosystem.

Contact

WeFi
press@wefi.co

LAOS Network Lists Token; Forges Partnership with Sequence to Bring Scalable Free-2-Play Gaming to Web3

Barcelona, Spain, November 18th, 2024, Chainwire

In conjunction with its token listing on centralized exchanges (MEXC, Bit2Me), Polkadot parachain LAOS Network is thrilled to announce a strategic partnership with Sequence, the all-in-one development platform for integrating web3 into games, to bring Free-2-Play game mechanics to blockchain gaming, now achievable at an unprecedented scale.

By leveraging Sequence’s robust web3 technology stack, LAOS Network addresses key challenges in blockchain gaming, including high gas fees and network congestion, to deliver a seamless experience with web3 asset ownership. This partnership is meant to allow developers to easily harness LAOS’s “Bridgeless Minting” to tokenize in-game assets onto any EVM blockchain, while keeping minting costs low enough to suit even the high transaction volumes required by Free-2-Play models. Sequence’s established integrations as the only verified EVM-based web3 Embedded Wallet solution on major gaming engine stores like the Unity App Store and Unreal Marketplace are set to facilitate LAOS’s ongoing mission to bridge traditional and blockchain gaming.

The Sequence partnership builds on LAOS Network’s recent growth, following collaborations with MetaverseMe for Free-2-Play blockchain gaming, Netherak Demons in ARPG mechanics (a Sequence gaming partner), and The Mines Run, a cyberpunk runner game on Ethereum, and Life’s Meta, an AI-powered social simulator. Each partnership leverages LAOS Network to bring scalable minting and on-chain dynamics to the forefront of their gameplay. Furthermore, by the end of 2024, LAOS promises to extend its Bridgeless Minting technology to minting NFTs at scale directly on Bitcoin without relying on Layer-2 solutions, bridges, or the limitations of existing options like Ordinals.

Alun Evans, co-founder of LAOS Network, expressed enthusiasm for the new partnership: “Our vision at LAOS Network has always been to empower developers by freeing them to tokenize in-game assets on any blockchain, without worrying about cost or scalability issues. Having Sequence as our preferred partner allows us to grow that vision by providing the tools developers need to build dynamic, decentralized games that engage users in new ways. We’re excited to see how the web3 community will leverage this partnership to unlock the potential of blockchain gaming.”

Santiago Gramajo, Business Development Manager at Sequence, agreed: “We’re thrilled to partner with LAOS in their mission to create millions of assets across any EVM chain, leveraging Sequence’s battle-tested infrastructure to elevate the web3 gaming landscape. LAOS is pioneering a robust and scalable layer-1 solution, unlocking vast opportunities for asset creation and management across the blockchain ecosystem. With our laser focus on onboarding, monetizing, and retaining players, Sequence is thrilled to support LAOS as their preferred partner, integrating our Embedded Wallet and a full suite of tools. Together, we’re simplifying the path for web3 adopters, developers, projects, and gamers to build, deploy, and scale within the LAOS ecosystem and beyond.”

Adding to its market presence, on the 19th of November 2024 the LAOS Network utility token will be accessible for trading on mexc and bit2me, offering the global LAOS community the ability to trade on these prominent exchanges.

LAOS Network and Sequence invite developers to explore the transformative potential of their partnership through the LAOS Grant Program. This program provides a wealth of resources from both LAOS and Sequence, including dedicated mentorship, development support, advisory services, and essential tools for launching and scaling web3 games. With a total of 190M $LAOS tokens in funding, the program aims to support promising web3 projects leveraging the LAOS infrastructure, working to empower developers to bring innovative gaming experiences to life and advance the web3 gaming ecosystem.

About LAOS Network

LAOS Network is an innovative Layer-1 blockchain designed to enable large-scale minting of non-fungible tokens (NFTs) on any chain, without incurring the high gas fees typically associated with these networks. Its bridgeless minting technology allows for the seamless creation of digital assets on blockchains such as Ethereum, Polygon, and Hedera, while eliminating network congestion issues. As a parachain on Polkadot, LAOS benefits from battle-tested security and cross-chain interoperability through Polkadot’s Universal Location system. This allows LAOS to support large-scale gaming and digital asset ecosystems without the friction of traditional bridging solutions. The LAOS Network Utility Token will soon be tradable at https://mexc.com/ and Bit2Me.com.

About Sequence

Sequence is an all-in-one development platform for integrating web3 into games. Users can onboard, monetize, grow, and retain players with Sequence’s award-winning technology. From collectibles and ownable rewards to fully on-chain experiences, Sequence’s easy-to-integrate platform works to solve blockchain complexities, so developers can focus on creative execution and delivering player experiences. Trusted by hundreds of games, thousands of developers, and powering millions of users, Sequence is backed by Take-Two Interactive, Ubisoft, Xsolla, Bitkraft, Brevan Howard, Coinbase, Polygon, and more.

For media inquiries and more information, users can read the Sequence media kit and contact either:

Stefania Asis

Marketing Manager, LAOS Network

stefania@laosnetwork.io

or

Megan Doyle

Product Marketing Director, Sequence

md@horizon.io

Contact

Co-founder
Alun Evans
LAOS Network
alun@laosfoundation.io

CoinList to develop the DePIN Market with the First DePIN Collaboration with U2U Network this Q4

HO CHI MINH, Vietnam, November 13th, 2024, Chainwire

Recently, CoinList conducted a poll asking users, “What category of projects do you want to see most on CoinList?” underscoring growing interest in decentralized infrastructure solutions. Following this, CoinList announced an exciting partnership with U2U Network, a DePIN-focused Layer 1, for an exclusive pre-listing campaign.

DePIN – More than just a trend

Decentralized Physical Infrastructure Network (DePIN) is emerging as a technology aimed at shifting how infrastructure is managed. By decentralizing services like computing, energy, and telecommunications, DePIN seeks to offer scalability, resilience, and cost-efficiency beyond what centralized systems typically provide.

This innovation represents a new phase of technological progress—one that broadens access and creates opportunities for communities historically excluded from economic growth. DePIN’s impact is set to be significant

As of November 2024, the DePIN sector boasts a market capitalization exceeding $33.6 billion, according to CoinGecko. Venture capitalists are increasingly investing in DePIN projects, indicating strong interest in the sector. A 2023 report by Messari values the market potential for DePIN at $2.2 trillion, with projections to reach $3.5 trillion by 2028. To date, DePIN projects have collectively raised over $1 billion in funding, reflecting growing investor confidence in this area.

CoinList, the top 1 IDO platform in crypto, acknowledged the potential of DePIN and joined the market with many successful DePIN projects such as Filecoin, NATIX, Koii, peaq, etc. After the recent successful listing period of Peaq, CoinList has just announced its new collaboration with U2U Network, the leading DePIN Layer1 in Asia, for a new pre-listing campaign.  

Coinlist x U2U Network: U2U Incentivized Mainnet Saga Campaign

U2U Network, backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan, and V3V Ventures, stands as the only DePIN project selected for collaboration by CoinList in Q4 2024, a clear sign of its innovation and leadership. As a modular Layer 1 network, U2U Network uses advanced directed acyclic graph (DAG) technology and Ethereum Virtual Machine (EVM) compatibility to provide fast transactions and quick finality.

U2U Network aims to address the fragmented nature of the DePIN market, where full integration across applications is rare. Its vision is to create a complete blockchain solution for DePIN. The network’s unique subnet technology allows for the creation of customizable, independent sub-networks that offer scalability and flexibility tailored for DePIN applications. This design provides high performance, strong security, and adaptability, giving developers the tools to build and launch DePINs efficiently while enabling users to connect, contribute, and earn from various DePIN projects.

CoinList’s partnership with U2U Network reflects their shared commitment to advancing the DePIN sector. This collaboration is highlighted by the U2U Incentivized Mainnet Saga Pre-listing Campaign, marking a key step in driving the growth and adoption of DePIN technology. With a way to earn with This campaign to get access to $U2U tokens before they hit the market.

Users now have an opportunity to earn $U2U tokens by bridging $USDT on Owlto Finance to receive $pUSDT and then staking $pUSDT in the U2U Incentivized Staking Pool. A reward pool of 10,000,000 $U2U tokens has been allocated for this initiative.

Timeline: 90 days, from 12th Nov 2024 to 10th Feb 2025

For more information, users can visit: https://mainnetsaga.u2u.xyz/ 

Beyond its partnership with CoinList, U2U Network is set to embark on an ambitious campaign with Bitget, a world-leading cryptocurrency exchange and Web3 innovator. This collaboration marks another significant step in U2U Network’s mission to expand its reach and influence within the DePIN ecosystem. Stay connected with U2U Network’s social channels for upcoming details about this exciting venture.

The Future Goes On

As excitement builds across the community from U2U Network’s pre-listing campaigns, the anticipated listing is set to launch in Q4 2024. With its vision to be a comprehensive blockchain solution for DePIN, U2U Network is poised to take the blockchain space by storm, bringing robust innovation and value to its ecosystem and users alike. As the listing approaches, the path forward for U2U Network promises exciting opportunities and impactful contributions to the blockchain industry and beyond.

About U2U Network:

U2U Network is a modular L1 with subnet technology that perfect fit for DePIN. Their backers include Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Venture, V3V Fund, Web3Port, and others. The project has also entered into partnerships with AWS, Klaytn Foundation, IoTex, Waterdrip Capital, Chain Catcher, etc. KOLs that have invested in U2U Network are KongBTC, Romano, ImNotTheWolf, Crypto Buzz, Antony, etc. 

Mainnet is ready with more than 180K wallet addresses. DePIN Subnet launched with U2DPN product with more than 155K downloads, 59K contributer nodes, and 9K DAU in 3 months of launching. 80 dApps committed to building on chain (EVM-compatible) range from crypto applications (Defi, Gamefi, SocialFi, etc) to real-world scenarios (Storage, data mining, etc), and over 40 DePIN project signed MOU and under integration, 25 other projects in the pipeline.

About the host VTIS



Vietnam Tech Impact Summit 2024 (VTIS) – The Premier Tech Event in Vietnam.

VTIS is a hub for transformative innovations, serving as “The gateway to Vietnam’s emerging technology market”. VTIS connects global experts, businesses, investors, and tech enthusiasts across technology sectors. Focusing on 4 themes—Fintech, AI, Blockchain, Gaming, VTIS will unlock market access, partnerships, and investment opportunities for startups. Hosted by SSI and FPT Group and Organized by SSID.

Website: Vtis.io

REFERENCE:

  • Top depin coins by market cap (no date) CoinGecko. Available here (Accessed: 12 November 2024). 
  • Kassab, S. (2023) The DePIN Sector Map, Messari Crypto News. Available here. (Accessed: 12 November 2024). 
  • The all-time top 8 most funded Depin projects (in US $ million). Available here. (Accessed: 12 November 2024). 

Contact

Astrid Dang
U2U Network
alice@uniultra.xyz
09081246492

Klink Finance and Lucky Dog Media Corp. Join Forces for $LUCKY Meme Token Airdrop

London, UK, November 15th, 2024, Chainwire

Klink Finance, the gamified crypto wealth platform with over 150,000 community members worldwide, has teamed up with Lucky Dog Media Corp. to bring $LUCKY. In this airdrop campaign, over 30,000 participants competed for a chance to win $LUCKY tokens, and 7,777 winners received their tokens directly in their Klink wallets.

About The $LUCKY Dog

The partnership between Klink Finance and Lucky Inc. has set a new benchmark for user engagement in the crypto world. Hosted on Klink’s app, the campaign encouraged users to complete tasks like follows, shares, and engagement with Lucky Dog Media Corp. social media

It led to a community of over 30,000 members rallying around the $LUCKY token. Klink ensured all user engagement was legitimate and organic, mitigating any risk of suspicious activity or spam. Following the successful engagement, Klink completed the distribution of $LUCKY tokens to 7777 winners.

Key Highlights of the $LUCKY Dog Campaign

  • Surge in Popularity: Since the campaign’s completion, the $LUCKY token has captured market interest, becoming a standout on the Base network.
  • Record Market Performance: On November 11, 2024, $LUCKY reached a new all-time high of $0.004122, growing ove 600% in value.
  • Growing Market Capitalization: $LUCKY now boasts a market cap of $17,857,809, aiming to appeal to the crypto community.
  • High Trading Activity: The $LUCKY/WETH pair on Aerodrome (Base) has emerged as one of the most active trading pairs, underscoring demand for the token.
  • Top Memecoin Ranking: Currently, $LUCKY is the second most popular memecoin on Base, following closely behind $SKI, showcasing its position in the market.

Looking Ahead with Klink Finance

Klink Finance successfully managed and tracked the campaign through real-time analytics, providing Lucky with transparent data on user conversions. User’s identity and data were safe all through the process. 

Chris, co-founder of Klink Finance, shared his thoughts on the collaboration: “Our partnership with Lucky Dog Media Corp. was about more than just token distribution—it was a meaningful opportunity to bring value to our community and create a ripple effect of engagement and growth for $LUCKY. We’re thrilled with the results and proud to have supported Lucky in this journey.”

Klink Finance continues expanding its campaigns and a current 10 million $KLINK token airdrop, live on Klink’s TG Mini App. This ongoing airdrop invites users worldwide to join the growing Klink community, with $KLINK token distribution set to follow the upcoming TGE.

About Klink Finance

Klink Finance is transforming people’s lives by empowering individuals to earn money online and grow their wealth through crypto. As a fully regulated, multi-service platform, Klink enables users to start investing and earning from as little as $0 by engaging in games, learning, trying out apps, and completing simple microtasks. Now active in over 127 countries, Klink Finance makes financial freedom accessible to everyone.

Official website: https://www.klinkfinance.com/

Twitter (X): https://x.com/klinkfinance

Linkedin: https://www.linkedin.com/company/klinkfinance/

Telegram: https://t.me/klinkfinancechat

About Lucky Dog media corp.

Lucky Dog is a meme coin built on the Base network, inspired by the French bulldog named Lucky from Las Vegas. The project centers around the concept of luck, fun, and generosity, embodied by the “luckiest dog in the world.” The primary goal of Lucky Dog is to share the timeless message of “sharing is caring” with its community and the crypto space.

Website: https://getluckydog.ai

Twitter: https://x.com/getlucky_dog

Telegram: t.me/luckydogann

Contact

Head of Marketing
Gasper Stih
Klink Finance
support@klinkfiance.com

Prosper enters into long-term agreement with BITMAIN to provide Bitcoin miner hosting services

George Town, Cayman Islands, November 15th, 2024, Chainwire

Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers through its brand Antminer.

Under the agreement, BITMAIN and its affiliates will provide hosting services for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational standards for $PROS token holders. The first batch of hashrate under this agreement is expected to come online throughout November via Antpool’s mining pool platform and accessible via Prosper’s v1 web app.

Earlier this quarter, Prosper announced a pivot in its strategic direction to focus on Bitcoin mining and unlock Bitcoin’s potential in liquidity farming. Prosper has entered into an agreement with BITMAIN to enhance execution quality for its miners and $PROS token holders. This also highlights Prosper’s value proposition as the only Web3 Bitcoin mining project that has secured multiple top-notch industry players as key service providers.

About BITMAIN

Since its foundation in 2013, BITMAIN is the world’s leading manufacturer of digital currency mining servers through its brand ANTMINER, which has long maintained a global market share and leading position in technology, serving customers across over 100 countries and regions. The company’s R&D center is situated in Singapore, and it has multiple branches and subsidiaries across the globe, including but not limited to Hong Kong, the United States, Malaysia, and the United Arab Emirates.

About Prosper

Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin’s value layers through bridging institutional-grade Bitcoin mining power on-chain, and unlocking the potential of Bitcoin through liquidity farming. For more information, users can visit prosper-fi.com or follow us on X (formerly Twitter).

Contact

Prosper
contact@prosper-fi.com

Neptune Finance blows away the competition with highest real-time stablecoins lending rates

Bangkok, Thailand, November 14th, 2024, Chainwire

Today, Neptune Finance (Neptune), a credit network lending protocol, announces the first month results of the rates competition study for the period of 8 October to 8 November. Neptune comes up in first position with a performance of 2.5x for USDT and 1.8x for USDC compared to the second placed platforms, successfully proving their interest rate mechanism is the best in the industry.

These results demonstrate that Neptune provides the highest efficiency at 20% APY for users. 

Last month, 100 USDC and 100 USDT each were deposited into 10 platforms including Neptune, and other competitors. The competition study is aimed to determine the performance and user value of the top 10 DeFi lending platforms and can be tracked in real-time on Pulsar: https://app.pulsar.finance/portfolio 

Users can view the full results here.

Chad Cutshall, CEO of Neptune Foundation, said: “We have been committed to providing the highest value to our users through our innovative features. It is a real testament to the team’s hard work that the results have shown Neptune having the most competitive rates in the industry. Coming up on top against other bigger platforms shows that we are well on track with our vision to be the premier and highest efficiency lending protocol for users and DeFi service providers.”

Neptune already often has a narrower spread between lend and borrow rates and this competition study will provide tangible insight into rates comparison across lending platforms. 

With the use of the innovative Neptune PID controller, the interest rate curve is dynamically adjusted based on its proximity to the target, achieving consistent utilization, even throughout rapid market volatility. This addresses the limitations of a market static curve used by typical DeFi money markets, which does not consistently achieve a stable market utilization.

The Neptune team is continuing the work on enhancing user benefits. The updated Neptune roadmap was recently released, focused on generating bigger potential yields, enhanced security and broader adoption. Upcoming milestones for the rest of this year include access to flash loans, capacity for account health boost, and access to advanced data and analytics.    

About Neptune Finance

Neptune Finance is a next-generation credit network and potentially high-yield lending protocol designed to provide capital efficiency for lenders, borrowers and DeFi service providers. 

With the innovative Neptune PID controller, the interest rate curve is dynamically adjusted creating a narrower spread between lend and borrow rates. Neptune provides an overall better representation of the real-time supply and demand characteristics to optimize savings for both lenders and borrowers. Ultimately, Neptune aims to be be the highest efficiency operating protocol for thousands of DeFi service providers and protocol developers. 

Uses can visit nept.finance and discover how to lend, borrow and build.

Contact

PR consultant
Candice Teo
candice@espoircommunications.com

$PEPE’s Recent Surge Sets the Stage for Pepe Unchained ($PEPU) and New Ecosystem Enhancements

TA, IL, November 14th, 2024, Chainwire

Following a notable rise in the visibility of $PEPE within the digital asset market after its listings on Coinbase and Robinhood, attention is now turning to Pepe Unchained and its native token, $PEPU. 

Positioned as an innovative extension of the meme-inspired asset landscape, Pepe Unchained is launching new initiatives aimed at building a sustainable ecosystem for $PEPU, emphasizing utility, community engagement, and long-term growth potential.

https://x.com/pepe_unchained/status/1839304995465998825

The Pepe Unchained team has recently introduced strategic updates and partnerships designed to elevate the value and utility of $PEPU within its ecosystem. These developments include enhancements to $PEPU’s interoperability, accessibility, and functionality, making it a versatile digital asset within the evolving decentralized landscape. 

Through advanced developer tools, optimized transaction capabilities, and a robust community rewards system, Pepe Unchained aims to establish $PEPU as a prominent player, leveraging the community interest generated by $PEPE’s popularity.

The focus is on creating a platform that brings real utility to $PEPU while offering value-driven engagement for our community, the whitepaper explains. The updates are designed to build a strong, resilient ecosystem around $PEPU that provides meaningful benefits to both existing and new participants.

Pepe Unchained is also exploring partnerships with decentralized applications and other blockchain-based solutions to enhance $PEPU’s utility and integrate it more effectively within the broader ecosystem. Through these initiatives, the platform aims to foster sustained engagement and participation, with a clear emphasis on value and functionality.

For additional details on Pepe Unchained and the latest developments surrounding $PEPU, visit pepeunchained.com.

https://x.com/pepe_unchained/status/1856661613618823349

About Pepe Unchained

Pepe Unchained is a decentralized platform inspired by meme culture, focused on community engagement and sustainable growth within the digital asset space. Featuring $PEPU as its native token, Pepe Unchained offers an ecosystem designed to maximize utility and participation, catering to digital asset enthusiasts seeking both community and functionality.

Contact

reut
Chainwire
reut@chainwire.org

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