Dubai, UAE, September 18th, 2024, Chainwire
Cypher Capital, a multi-strategy crypto investment firm, today announced its role in a $15 million seed funding round for Hemi Labs, a modular blockchain network unifying Bitcoin and Ethereum. Hemi Labs will use the funds to develop and launch the Hemi Network, utilizing funds from Cypher Capital to advance blockchain technology and enhance interoperability by developing a unified supernetwork.
The round comes after Hemi’s recent incentivized testnet launch, and a mainnet launch targeted for Q4 2024. Participation from numerous investors includes Binance, Breyer Capital, Big Brain Holdings, Crypto.com, HyperChain Capital, Alchemy, SALT Fund, Kelly Capital, Sunflower Capital, DNA Fund, Web3 Ventures, Quantstamp, TRGC, UTXO, Artichoke Capital, SNZ Holding, Capital6, IBG Capital, Protein Capital, MON Ventures, SV5, Impossible Finance, Jihan Wu (Bitdeer), and George Burke (Portal), among others.
“Hemi Labs is at the forefront of blockchain interoperability,” said Vineet Budki, CEO of Cypher Capital. “Their approach to integrating Bitcoin and Ethereum into a cohesive supernetwork addresses key scalability and security challenges, and our investment aligns with their mission to transform blockchain infrastructure and unlock new possibilities for decentralized applications.”
Unlike traditional efforts to integrate Bitcoin and Ethereum within their own ecosystems, Hemi Labs is developing a unified supernetwork. Hemi Network will include the Hemi Virtual Machine (hVM), integrating a full Bitcoin node within an Ethereum Virtual Machine (EVM), allowing developers to create cross-chain smart contracts with familiar tools while ensuring compatibility with existing EVM dApps and wallets. The Hemi Bitcoin Kit (hBK) facilitates direct smart contract access to granular Bitcoin state for advanced Bitcoin-native applications such as staking and lending markets.
The network also boasts Superfinality through Hemi’s Proof-of-Proof (PoP) consensus mechanism, ensuring Bitcoin-level security in a decentralized, permissionless manner and provides Bitcoin-security-as-a-Service to other blockchain networks. Hemi’s Tunnels will offer trustless cross-chain portability, improving upon traditional bridge methods. Additionally, Hemi will feature on-chain routing, time-lock, password protection, and gasless transfers for seamless asset movement without relying on native chain currencies.
“The quality and enthusiasm of our investors and partners reflect the groundbreaking nature of what we are building,” said Jeff Garzik, Co-founder of Hemi Labs. “We are well positioned to advance blockchain technology by creating a supernetwork that marries the capabilities of Bitcoin and Ethereum, and Cypher Capital’s support is crucial to that success as they share our vision for the ecosystem.”
About Cypher Capital
Cypher Capital is a leading early-strategy venture firm focused on investing in Web3 infrastructure and applications that will drive the new digital economy. Guided by environmental, social, and governance for every investment decision, Cypher is shaping the future of digital currency, public markets, and Web3.
Website | Blog | LinkedIn | Telegram | Instagram | Facebook | Youtube | X
About Hemi
The Hemi Network (“Hemi”) is a modular blockchain powered by Bitcoin and Ethereum that provides superior scaling, security, and interoperability. Hemi views Bitcoin and Ethereum as components of a broader supernetwork, unlocking new levels of programmability, portability, and potential. Hemi Labs is a leading developer of Web3 infrastructure and tooling, founded by renowned Bitcoin developer Jeff Garzik, and blockchain security pioneer Max Sanchez. Learn more at https://hemi.xyz/.
Contact
Media Manager
Shameem Sha
shameem@cyphercapital.com
Singapore, Singapore, September 18th, 2024, Chainwire
Parachains and developers can register now to test NFT XCM functionality and get an exclusive first look at this innovation in action.
Unique Network has announced it will be launching the first developer environment for NFT XCM transfers (Cross-Chain NFTs), starting with two major networks for developers and parachains in the Polkadot ecosystem. Using NFT XCM’s technology at the start of the developer environment, blockchain developers can move NFTs between Asset Hub, and Unique Network. Interested parachains can be added to the developer environment to develop NFT XCM functionality.
What is NFT XCM?
NFT XCM is a groundbreaking initiative developed by Unique Network, designed to simplify the transfer of NFTs (Non-Fungible Tokens) across parachains. By enabling seamless movement between different chains, NFT XCM is not just expanding accessibility but also unlocking new possibilities for creators, developers, and users alike.
NFT XCM extends the limits of Web3 games and NFT collections, supporting greater use cases and making non-fungible tokens available to a larger group of on-chain users. Unique Network invites parachains, and developers to register their interest in the upcoming testing phase of NFT XCM transfers, to demonstrate its efficacy and explore applications for the technology.
NFT XCM utilizes Polkadot’s Cross-Chain Messaging, the messaging format and language used to communicate between consensus systems.
Developers and parachains interested in testing NFT XCM transfers are encouraged to register their interest via this form. Polkadot parachains will be added to the developer environment to develop and test NFT XCM functionality. EVM teams interested in pioneering EVM implementations of the technology in a development/test environment are also invited to register their interest.
Following the development work of NFT XCM, the Unique Network team unveiled the Cross-Chain NFTs Think Tank earlier this year at Polkadot’s Sub0 conference. This initiative is designed to foster collaboration, drive innovation, and explore new use cases for Cross-Chain NFTs within the Polkadot ecosystem. Leading projects, such as Acala Network and Zeitgeist, are already exploring ways to integrate Cross-Chain NFTs into their own projects.
Alexander Mitrovich, CEO of Unique Network shared:
This milestone represents not just technical progress but the unification of an ecosystem. NFTs are no longer confined to one parachain; we’re building a future where they can flow freely across multiple chains.”
The importance of cross-chain interoperability for assets such as NFTs was first highlighted in the Polkadot Whitepaper by Polkadot creator, Gavin Wood. The launch of XCM v3 in May of 2022 introduced this capability but was only viable for Fungible Tokens (FTs). NFT XCM is a breakthrough that will enable users to seamlessly transfer digital assets between Polkadot parachains, making NFTs more accessible and versatile than ever.
Following this, Chief Marketing Officer at Unique Network, Charu Sethi discussed the company’s efforts to foster collaboration and streamline the NFT ecosystem across Polkadot’s various blockchain networks.
As we advance NFT XCM technical capabilities, it’s critical to address the complexity and fragmentation within the ecosystem. We are now working on organizational bridges and aligning leadership across all NFT blockchains in Polkadot.
About Unique Network
Unique Network is the first NFT chain built on Polkadot and Kusama, offering the most sustainable and green NFTs with advanced features for gaming, art, and fan engagement.
Unique Network offers unparalleled customization, scalability, and interoperability, making it the ideal platform for advanced and innovative NFT applications.
Users can learn more here: https://unique.network
Contact
Chief Marketing Officer
Charu Sethi
Unique Network
cs@unique.network
G, H, September 17th, 2024, Chainwire
Basebet.io, the leading blockchain-powered casino and sportsbook, is excited to introduce the $BBT token. The $BBT token provides players with access to staking opportunities, VIP program acceleration, and enhanced jackpot features, creating new avenues for engagement on the platform.
The pre-sale for the $BBT token begins Wednesday at 10 AM EST, offering early participants exclusive bonuses.
What Is $BBT?
The $BBT token is integrated into the Basebet.io platform, allowing holders the chance to benefit from high-yield staking, expedited VIP progression, and increased jackpot opportunities. Users can leverage these features for more seamless participation in the Basebet.io ecosystem.
Key Features of $BBT:
- Staking Opportunities: Token holders can participate in Basebet.io’s staking program, which provides returns aligned with industry standards.
- Accelerated VIP Progression: Level Up Faster- Holding $BBT enables faster advancement through Basebet.io’s VIP ranks, unlocking benefits such as cashback, rakeback, and access to exclusive events.
- Enhanced Jackpot Opportunities: Players betting with $BBT get more chances to hit those massive jackpot wins. With every bet, you’re increasing your chances for bigger payouts, making $BBT perfect for high-rollers looking for that next big win.
Additional Benefits for $BBT Holders:
- Access to exclusive VIP tournaments and high-stakes events.
- Participation in Basebet.io’s referral program, offering lifetime commissions and potential earnings of up to $4,000 per referral.
Deflationary Token Model
The $BBT token operates under a deflationary model, aiming to support long-term value. A portion of platform profits is allocated for buybacks, liquidity, and staking rewards, designed to foster a sustainable token economy.
Pre-Sale Information
The $BBT token pre-sale starts Wednesday at 10 AM EST, giving early participants access to exclusive bonuses and discounted rates. Those who want to join should visit Basebet.io and follow the easy steps to purchase $BBT tokens. Pre-sale participants will enjoy exclusive bonuses and additional rewards before the token officially launches.
Key Features of $BBT’s Tokenomics
The $BBT token offers more than just in-game utility; it is designed to evolve alongside the Basebet.io ecosystem. Here are some key features supporting its long-term potential:
- Deflationary Model: A portion of platform profits is allocated to buybacks and token burns, helping to manage the circulating supply.
- Staking Rewards: 2% of platform profits are distributed as rewards to users participating in the staking program.
- Liquidity Growth: 3% of platform profits are directed toward liquidity, contributing to a stable market environment for $BBT.
Proven Success of Basebet.io
Prior to the $BBT launch, Basebet.io has achieved notable growth milestones:
- Over 560 holders of Gatos NFTs, with a low sell-off rate, demonstrating community confidence.
- USD 10 million in platform volume since the mainnet launch in June.
- An active community supporting the platform’s future development.
About Basebet.io
Basebet.io is a blockchain-based casino and sportsbook offering over 10,000 games and extensive sports betting markets. Focused on transparency and security, Basebet.io uses blockchain technology to ensure a fair and decentralized gaming experience. The platform integrates user rewards, NFTs, and a robust token ecosystem to enhance player engagement
Users can stay connected with Basebet.io on social media:
Twitter: https://x.com/Basebetio
Discord: https://discord.com/invite/basebetio
Telegram: https://t.me/Basebetio
Contact
Basebet
partners@basebet.io
Panama City, Panama, September 16th, 2024, Chainwire
Bitlauncher, the groundbreaking platform at the intersection of Artificial Intelligence (AI) and cryptocurrency, is thrilled to announce its presale event starting on September 16th, 2024, with a goal to raise $150,000. This presale offers enthusiasts and investors an opportunity to shape the next wave of global AI unicorns.
The Bitlauncher platform is designed to revolutionize the way open-source AI projects secure funding and organizational support through a unique token-based system. By participating in this presale, contributors are purchasing tokens with the opportunity to support the potential of AI in shaping various industries and societies.
This event is not just about funding; it’s a call to action for AI-first developers, marketers, and technology enthusiasts to join Bitlauncher’s vibrant community. They are creating a robust decentralized autonomous organization (DAO) where each member contributes to and benefits from the collective potential growth and success of AI innovations.
One of the first projects to launch on the platform is Masterbots.ai, a direct competitor to ChatGPT. Masterbots.ai is designed to improve how users interact with AI, providing domain-specific chatbots that simplify user interaction and enhance user experience. Unlike traditional models that require sophisticated prompt engineering, Masterbots offers streamlined, high-quality responses with minimal user effort.
Masterbots.ai also introduces a novel social dimension to AI interactions by making public the sharing of conversations. This feature not only aids in research and community building but also creates a dynamic, engaging platform where users can follow intriguing discussions and learn from shared knowledge.
With the upcoming launch of our DAO and the continuous development of innovative projects like Masterbots, Bitlauncher is poised to become a pivotal platform for anyone looking to influence the future of AI and blockchain technology.
Users can join this exciting venture to not only witness but actively participate in the unfolding of cutting-edge technology. Together, they can pave the way for a new era of decentralized, transparent, and community-driven innovation.
About Us
Bitlauncher is a launchpad revolutionizing AI and cryptocurrency by providing open-source AI projects with equitable fundraising and decentralized organization through blockchain technology. They empower AI startups to grow and leverage global resources, fostering transparency, inclusivity, and community-driven progress.
For more details on how to participate in the presale and to become an integral part of the growing community, users can visit Bitlauncher’s official website.
Contact Information:
Media Relations
Email: press@bitlauncher.ai
Email: community@bitlauncher.ai
Web: www.bitlauncher.ai
Web: www.masterbots.ai
Please note that U.S. investors and individuals from countries under U.S. sanctions or other specific jurisdictions may not be eligible to participate in this presale. For more details on eligibility, please visit our website or contact our legal team.
Contact
Founder
Jun Dam
Bitlauncher
jun@bitlauncher.ai
New York, NY, September 17th, 2024, Chainwire
- tBTC on EigenLayer offers users new restaking opportunities to earn rewards as Bitcoin demand outpaces other crypto markets
- EigenLayer’s adoption of tBTC spotlights tBTC’s role as one of the most decentralized assets for securely growing the BitcoinFi ecosystem
Threshold Network, the DAO behind tBTC, the first decentralized asset bridging Bitcoin and Ethereum, announced that EigenLayer, the restaking protocol built by Eigen Labs, has officially started accepting tBTC deposits, making tBTC the first incentivized bitcoin asset on EigenLayer.
Threshold’s integration with EigenLayer underscores the BitcoinFi community’s outpaced demand for staked Bitcoin—a major shift towards maximizing the full earning power of Bitcoin for users,” commented MacLane Wilkison, Contributor to Threshold. “It is a testament to tBTC’s strength in securing the BitcoinFi ecosystem through the diversification of assets available. To date, leading protocols including Curve, GMX, and Compound, among others, have integrated the asset for its flexibility as one of most decentralized wrapped assets on the market.”
The Threshold Network DAO, which governs tBTC, offers incentives of up to $45K in T over the first 3 months for new users who deposit tBTC into EigenLayer. With Eigenlayer, users have a new way to maximize capital efficiency: opting in to secure additional protocols through restaking. This method strengthens economic security by leveraging Bitcoin’s stability—an asset that accounts for over 50% of the total crypto market cap—and merging its long-term non-inflationary nature with the Proof of Stake (PoS) consensus model. Notably, restaking just 7% of Bitcoin’s total supply would provide the same level of economic security as Ethereum, underscoring Bitcoin’s potential as a PoS asset.
“The inclusion of Threshold’s tBTC as a restakeable asset on EigenLayer is another major step forward towards open innovation by building connectivity with the bitcoin ecosystem, broadening the scope of assets that can contribute to securing decentralized networks, and providing greater optionality and utility for AVSs and restakers,” stated Sreeram Kannan, Founder and CEO of Eigen Labs.
Following the emergence of Bitcoin staking projects like Babylon, Lombard, and Acre, EigenLayer’s adoption of tBTC is a testament to the power of Bitcoin restaking in incentivizing users to put Bitcoin to use beyond a store of value. tBTC’s ability to bridge the Bitcoin and Ethereum ecosystem makes it the optimal solution for driving the development of the BitcoinFi ecosystem.
About Threshold Network:
Threshold Network offers decentralized cryptography services that enhance privacy and security on public blockchains by distributing operations across independent nodes. Powered by the T token, users can stake and operate nodes to support key services like tBTC, a Bitcoin bridge, and TACo, an access control tool. By minimizing reliance on centralized entities, Threshold ensures trustless, secure, and privacy-focused solutions for decentralized applications in the evolving Web 3.0 landscape. To learn more, please visit: https://threshold.network/
About EigenLayer:
EigenLayer is a protocol built on Ethereum that pioneered restaking, a new primitive in cryptoeconomic security. Through a system of interconnected smart contracts, any ERC-20 token, such as tBTC, can be “restaked” to participate in not one, but any number of Actively Validated Services (AVSs) in exchange for fees and/or rewards. Operators opt into these opportunities by running additional node software and in some cases grant the EigenLayer smart contracts the ability to impose additional slashing conditions on their assets as specified by the AVS.
Contact
M Group on Behalf of Threshold
tkaufmann@mgroupsc.com
Chicago, United States / Illinois, September 17th, 2024, Chainwire
Leading Crypto Liquidity Provider BlockFills Integrates NCFX’s Benchmark Data to Deliver Unmatched Quality and Service to Institutional Clients.
- BlockFills expands its product suite with NCFX data and analytics feed to offer industry-leading benchmark data.
- Institutional investors need reliable crypto data as markets continue to evolve.
BlockFills, a global leader in crypto trading solutions and financial technology, is pleased to announce a strategic partnership with New Change FX (NCFX), a distinguished provider of independent regulated FX benchmark data and crypto reference rate data. This collaboration will further cement BlockFills’ position as delivering a full range of best-in-class products and services designed to meet the sophisticated needs of institutional clients in the digital assets space.
As the financial landscape continues to evolve, institutions are increasingly seeking robust, data-driven insights to inform their trading strategies. By integrating NCFX’s market-neutral data and analytics into its offering, BlockFills is not only expanding its product suite but also reinforcing its commitment to providing the highest quality service at the exacting standards of traditional finance within crypto markets.
Nick Hammer, CEO of BlockFills, stated: “Our goal is to be the premier destination for institutions in the digital assets sector. Our partnership with NCFX enables us to bring an unparalleled range of products and services under one roof, all delivered with the white glove service our clients expect. We are bringing the quality and reliability of traditional finance into the rapidly growing crypto space, setting a new standard for institutional-grade offerings.”
Paul Lambert, CEO of New Change FX, added: “Collaborating with BlockFills allows us to extend the reach of our high-quality, independent data to a broader audience in the digital assets market. Together, we are enhancing the tools available to institutions, enabling them to make more informed decisions with the confidence that comes from using industry-leading benchmark data.”
BlockFills will be present at the Token2049 event in Singapore on September 18-19, 2024, and the Forex Dubai Conference on October 7-8, 2024, for those interested in learning more.
About BlockFills
BlockFills is a global prime brokerage, technology and trading firm offering access to the digital asset markets. We provide liquidity, technology and clearing of digital assets for professional and institutional clients. Clients include principal trading groups, exchanges, hedge funds both traditional and crypto-only, banks, asset managers, OTC desks and active traders
For more information users can visit BlockFills’ Website | Twitter | Linkedin
About New Change FX
New Change FX is an independent company dedicated to the measurement of foreign exchange and crypto pricing to deliver transparency and eliminate costs. New Change FX calculates independent benchmark rates which are published in real-time and used to support live trading processes. NCFX doesn’t offer market access, trading or brokerage services and therefore users cannot directly influence the NCFX Benchmark calculation process. To find out more users can visit www.newchangefx.com.
NCFX can be found on the FCA financial services register with firm reference number 793983. The FCA is the sole regulatory supervisor for NCFX.
For more information, users can contact:
Kinga Broel-Plater
Chief Commercial Officer
E-mail: kinga.broel-plater@newchangefx.com
Contact
Director of Marketing
Jessica Darmoni
BlockFills
data@blockfills.com
Singapore, Singapore, September 17th, 2024, Chainwire
The world’s largest martial arts organization will leverage Sui’s technology for its products and highly anticipated mobile game ONE Fight Arena built in partnership with Animoca Brands
Sui, a cutting-edge Layer 1 blockchain, today announced it will be the official blockchain partner of ONE Championship (“ONE”), the world’s largest martial arts organization. ONE events represent the full spectrum of martial arts, with world-class athletes from more than 80 countries competing across MMA, Muay Thai, kickboxing, submission grappling, and other disciplines. The partnership was announced during a panel at Sui’s Singapore Builder House during Token2049, the world’s largest crypto event.
Through this partnership, Sui will be integrated into various ONE products, including ONE Fight Arena, the promotion’s highly anticipated official Web3-enabled free-to-play mobile game, built in partnership with Animoca Brands and its subsidiary Notre Game. ONE Fight Arena features ONE’s robust roster of world champion martial artists and vast IP library.
The mobile game will leverage Sui’s world-class technology to provide a novel gaming experience with true digital ownership at its core, while allowing ONE to directly engage with its global fan base in a deeper manner.
Sui’s integrations will include a comic/manga series about ONE athletes accessible through zkLogin and powered by the Walrus protocol on Sui, a free-to-play pick’em game where fans can win a variety of rewards and phygital collectibles that blend physical and digital aspects.
“ONE Championship is the fastest-growing major global sports property and has established a reputation for being extremely forward-thinking and technologically innovative,” said Jameel Khalfan, Head of Ecosystem Development at Sui Foundation. “Being chosen as their official blockchain partner and being integrated into their tech stack is a validation of Sui’s growth and adoption trajectory and another opportunity to serve the sports community with Sui’s technology.”
As ONE’s official blockchain partner, Sui is expected to gain significant visibility and brand exposure during marquee scheduled events, which will be accessible in-person for thousands of people and broadcasted to millions globally into over 190 countries through a network of partners, including Prime Video, Sky Sports, Globo, Channel 7 HD, U-Next, Seven Network, and Disney+ Hotstar.
“In today’s competitive landscape, capturing attention demands high-quality, interconnected, and engaging experiences. By offering world-class events, innovative gaming, second-screen features, and leveraging Web3 technology, we aim to connect with fans on a deeper level,”, said Hua Fung Teh, Co-Founder and Group President of ONE Championship. “Sui perfectly aligns with these objectives, and we are thrilled to partner with them as our official blockchain partner to bring this vision to life.”
Contact
Sui Foundation
media@sui.io
Montevideo, Uruguay, September 16th, 2024, Chainwire
The Rootstock community is set to conclude the “Rootstock World Tour,” one of its largest ecosystem campaigns, on September 30, 2024. This campaign, hosted on the Galxe platform, is bringing together partners from across the Rootstock ecosystem, offering users interactive opportunities to engage with 12 different decentralized applications (dApps) on the Rootstock blockchain.
Throughout the tour, participants will gain hands-on experience, enhance their knowledge of decentralized finance (DeFi) and blockchain technologies, and earn rewards for their engagement. The campaign is providing a unique opportunity to explore and interact with various Rootstock integrations.
Users can check out the campaign on Galxe here.
About Rootstock
Rootstock is the first, biggest, and longest-lasting Bitcoin sidechain. It is the only Bitcoin layer 2 that combines the security of Bitcoin’s proof-of-work, with Ethereum’s smart contract capabilities.
Rootstock is open-source, EVM-compatible, and secured by over 60% of Bitcoin’s hashing power, which makes it a gateway to a vibrant ecosystem of dApps that continues to evolve to become fully trustless.
Rootstock World Tour Overview
The Rootstock World Tour campaign began on August 5, 2024, and is spinning a total of 12 quests across different destinations within the Rootstock ecosystem. Users who complete these quests have the chance to earn unique rewards, including Rootstock NFTs and Air Miles points. Additionally, participants are eligible for a raffle on September 30, 2024, where three winners will be selected to receive $3,000 in RBTC, Rootstock’s native token pegged 1:1 to Bitcoin (BTC).
Campaign Details and Rewards
Participants of the Rootstock World Tour are invited to engage in various activities through the 12 featured dApps: Jumper, Rubic Exchange, SushiSwap, Oku, Symbiosis, Woodswap, Money on Chain, Sovryn, Tropykus, RNS, Elk Finance, and CoNFT.
By completing quests such as obtaining RBTC, swapping tokens within the ecosystem, minting Rootstock NFTs, staking, and interacting with RNS domains, users can earn rewards from each individual dApp. Completing all quests also unlocks additional rewards and boosts participants’ chances in the final raffle.
Timeline and Raffle
The Rootstock World Tour ends on September 30, 2024, at which point the raffle will be held to award three winners with $3,000 in RBTC.
Quests
To complete the tour, users can visit 12 destinations to do 5 types of quests: 1) Getting RBTC, 2) swapping RBTC to a token in the ecosystem (RIF, USDRIF, DLLR, MoC, rUSDT, or WRBTC), 3) minting a Rootstock NFT, 4) putting the tokens to work by staking, depositing, or adding liquidity, and 5) Minting an RNS (RIF Name Service) domain.
Interacting with any of these dApps is considered a quest by itself whether users take a further step or not. Each Rootstock community partner will publish the terms and conditions applicable to such particular quest.
Resources and Support
To navigate the Rootstock ecosystem, it’s useful for users to read through the following:
- Comprehensive list of wallets compatible with the Rootstock ecosystem
- Understanding the tokens in the Rootstock ecosystem; RBTC, RIF, and USDRIF
- Guide to displaying Rootstock NFTs in your Metamask wallet
More detailed information about the quests is available on Rootstock.
Legal disclaimer
This article is for general information purposes only. It does not constitute legal, financial, or other professional advice, and should not be relied upon as such. RootstockLabs accepts no responsibility for any loss or damage that may arise from reliance on information contained in this publication. Readers should do their own research or seek independent professional advice before making any decision based on the information contained in this publication.
Contact
Rootstock Community
jouman.hajjar@rootstocklabs.com
Singapore, Singapore, September 16th, 2024, Chainwire
- Built on Base, Unite is launching its inaugural earning season
- Users can earn $UNITE tokens in Mom’s Kitchen, the first profitable casual mobile game in Web3
- Minting Soul Bound Token (SBT) In-Game Asset Offers an Exclusive Bonus Multiplier for Airdrop
Unite, a groundbreaking Layer 3 blockchain solution built on Base and backed by industry leaders like Coinbase Ventures, OKX Ventures, Solana Ventures, and Superlayer, is excited to launch its inaugural in-game season for the popular casual mobile game, Mom’s Kitchen: Cooking Games.
Since its June launch, Unite has quickly established itself as a key player in web3 mobile gaming infrastructure; achieving over 5 million downloads across its suite of games on iOS and Android. Unite’s mission is to bring the mobile gaming industry’s massive $90 billion revenue and its 2.8 billion players into the world of web3, setting a new standard for blockchain-based gaming experiences.
Introducing The $UNITE Airdrop Bonus Multiplier in Mom’s Kitchen
Mom’s Kitchen: Cooking Games, published by Unite, attracted over 500,000 downloads across more than 200 countries, with strong user bases in the United States, India, Indonesia, and the United Kingdom. Through revenue earned from in-game advertising and item purchases, Mom’s Kitchen is one of the first profitable casual mobile games in web3. Mom’s Kitchen is available for download on the Apple’s App Store and Google Play Store. With over 320,000 total unique active wallets, Mom’s Kitchen has established itself as a leading mobile game for players to enjoy casual gaming while owning and earning the value they have created by watching the in-game ads and/or made the in-app purchase.
Mom’s Kitchen is a revenue-backed web3 mobile experience that aligns with Unite’s vision of transforming mobile gaming. As part of this initiative, Unite is introducing a limited-time $UNITE Airdrop Bonus Multiplier that offers players an opportunity to significantly increase their token rewards by participating in the game. The total prize pool for the inaugural season is 565 million $UNITE, which is approximately 1.86% of the token’s total supply.
Players can mint a unique, soul-bound token (SBT) in-game assets called Platinum Piggy that guarantees a higher allocation of $UNITE tokens from Unite’s community reward campaign, Unite Odyssey. This achievement reflects Unite’s commitment to maximizing the earning potential of its players.
As the $UNITE Token Generation Event (TGE) draws near, Unite is offering its community members the chance to enhance their airdrop allocations by actively participating in the game and acquiring the Platinum Piggy in-game asset. This soul-bound token unlocks the potential for earnings by playing the game, viewing ads, and making in-game purchases. Each action taken after acquiring the Platinum Piggy SBT contributes to earning exclusive Unite points, which can be converted into $UNITE tokens before the TGE.
Recently, Unite has raised $3 million from its seed extension round demonstrating a significant level of belief in Unite’s vision to be the first and best L3 chain for mass-market mobile games.
Joining the Unite Community and Boosting $UNITE Airdrop
Unite is thrilled by the community’s enthusiasm throughout the Odyssey campaign and is committed to ensuring a fair $UNITE token distribution for its mobile game players. This exclusive token airdrop bonus multiplier is designed to reward active participants and demonstrate Unite’s appreciation for its loyal community.
Users can stay tuned for additional details on the Mom’s Kitchen $UNITE Airdrop Bonus Multiplier. Unite is also opening up collaboration opportunities with leading web3 communities to secure whitelist spots. Interested communities can reach out to them via DM on X @uniteio for consideration.
About Mom’s Kitchen
Mom’s Kitchen: Cooking Games is a free-to-play casual mobile game offering a unique blend of fun and earning potential in the web3 space. Players will enjoy a smooth gameplay experience in this online cooking simulator, serving foodies with a variety of unique recipes across hundreds of challenging levels. Players who generate value from this game will receive rewards in the form of crypto or gift cards for brands like Amazon, Adidas, Starbucks, and more. Through in-game advertising and item purchases, Mom’s Kitchen has become one of the first profitable web3 mobile games. Users can download Mom’s Kitchen on App Store (iOS) or Google Play (Android).
About Unite
Unite is on a mission to build the first Layer 3 blockchain solution for mass-market mobile games, targeting the 2.8 billion players and the $90 billion revenue generated from the mobile game market. Focused on enhancing player experience with in-game earning capabilities, Unite offers a comprehensive L3 solution encompassing chain, client, ecosystem and establishing a decentralized physical infrastructure (DePin) built on billions of daily active mobile devices worldwide.
Founded by veterans in mobile, gaming and web3 infrastructure who served as founders and executives of some of the biggest names, Unite is leading the innovation to the mobile games.
For more information, users can visit Unite’s official website, follow them on X, and join the Unite Discord community.
Contact
Head of Growth
Di Chen
Uniteio
dchen@unite.io
Kingstown, St. Vincent and the Grenadines, September 16th, 2024, Chainwire
SwapSpace, a leading cryptocurrency exchange aggregator, is thrilled to unveil its new Crypto Loans feature in collaboration with CoinRabbit, a service designed to help crypto enthusiasts manage their portfolios.
With SwapSpace Crypto Loans feature, users can access stablecoins without selling their digital assets, providing flexibility for those who wish to maintain long-term positions in cryptocurrencies while addressing other financial needs.
Key Features of the SwapSpace Crypto Loans:
- Wide Range of Supported Cryptocurrencies- SwapSpace offers access to a vast selection of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and over 3,350 other digital assets. Users are able to use most of them as collateral and borrow against different tokens based on their portfolio.
- Simple and Quick Lending Process- Borrowing on SwapSpace is streamlined and transparent. Users simply select their preferred loan-to-value (LTV) ratio, providing flexibility in how much they wish to borrow against their collateral. The platform does not require complex procedures, and a collateralized position can typically be created within 5–10 minutes.
- Competitive Interest Rates- S SwapSpace offers competitive interest rates based on market conditions, helping borrowers balance the value of their loan while managing the cost of holding it.
- High Security- Assets are kept in unique wallets with regularly updated private keys for enhanced security.
- Flexibility- The loans have flexible terms, and can be repaid at any time. The accrued interest is to be paid only upon closure of the loan. There are varied LTV ratios available, which, in turn, affect the APR, which ranges from 12 to 17%.
As part of its mission to provide users with a comprehensive range of financial services, SwapSpace’s Crypto Loans signal the platform’s ongoing commitment to offering innovative solutions that enhance the crypto ecosystem. The new loan feature comes at a time when more investors are seeking ways to make the most of their crypto assets without compromising their market position.
“At SwapSpace, we’re always looking for ways to give our users more control over their assets. With the introduction of crypto loans, we’re empowering them to unlock liquidity without compromising their investment strategy and missing out on the upside of their assets. This is a game-changer for anyone who wants to make the most of their crypto while holding onto it for the long term.” — Andrew Wind, CPO of SwapSpace
About SwapSpace
SwapSpace is a crypto exchange aggregator with 28 partners and over 3350 coins available for seamless and fast swaps at the best market rates without sign-up requirements. Users can securely swap, buy, and sell assets for fiat and spend crypto on popular marketplaces. The platform aggregates offers from the most trustworthy crypto exchanges, providing the best options with 24/7 support.
For more information, users can visit SwapSpace’s Twitter and Linkedin.
Contact
PR Manager
George Layne
SwapSpace.co
pr@swapspace.co