chainwire

London, UK, December 19th, 2024, Chainwire

Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions.

Magic Ramp allows Euros to be sent from any bank account and received as USDC on-chain in less than 30 seconds, with minimal fees while funds held in Web3 wallets can be received as Euros in bank accounts with the same speed. For the first six weeks following the launch, these bank-to-on-chain transactions will be available at no cost. Through this partnership, developers can now issue virtual IBANs that are linked to Polkadot wallet addresses and bridge SEPA Instant payment rails in Europe with the Polkadot Asset Hub.

James Brownlee, CEO of Harbour, shared, “Polkadot’s infrastructure enables instant, low-cost stablecoin transfers, which aligns with our goal of making blockchain interoperable with traditional banking. This partnership expands the design space for developers working on stablecoin-based solutions.”

Potential use cases include efficient on-and-off ramps for Web3 users, stablecoin payment gateways for merchants who prefer receiving Euros, international payroll, bill payments, and cross-border remittances.

Nicolas Arevalo, CEO of Velocity Labs, stated “Among all the on-ramp providers we’ve worked with, Harbour stood out by blending the convenience of on-ramps with the speed and cost of CEX on-ramping. This will allow stablecoins in Polkadot to become seamlessly accessible with negligible fees.”

Harbour’s Magic Ramp makes it simple for traditional banking entities to integrate with Web3 in a way that addresses practical challenges in payments to meet evolving market needs.

For more information, users can visit Harbour.fi or try out the Magic Ramp at https://ramp.harbour.fi/polkadot

For media inquiries, users may contact Jonathan Duran at Jonathan@Distractive.xyz

About Harbour

Harbour.fi is an innovative payments platform bridging traditional banking and blockchain rails with Stablecoins. Harbour is headquartered in the United Kingdom with a branch in Poland, EU. 

About Velocity Labs

Velocity Labs is a core contributor to Polkadot, dedicated to transforming it into the premier platform for DeFi development in Web3. As strategic partners, we empower builders and infrastructure providers with comprehensive support across business development, go-to-market strategy, engineering support, and product strategy.

Contact

Comms & PR manager
Jonathan Duran
Distractive
jonathan@distractive.xyz

Victoria, Seychelles, December 19th, 2024, Chainwire

BETY.com is enhancing the online gaming and betting landscape by integrating blockchain technology and hash algorithms to create a transparent, secure, and open gaming experience. The platform addresses long-standing challenges in traditional casinos, such as fairness and credibility, by providing a decentralized and verifiable gaming ecosystem.

Bety.com’s Blockchain Technology Application

BETY.com’s core innovation lies in its blockchain-based game result generation. By leveraging the immutability and transparency of blockchain technology, the platform has introduced new standards of accountability in the gaming industry.

Decentralization and Immutability

All game data and betting records are stored securely on the blockchain, ensuring they remain immutable and free from external tampering. This decentralized approach eliminates the risks associated with traditional casinos, such as manipulation or data alteration, offering players a reliable and verifiable system.

Smart Contract Automatic Settlement

BETY.com employs smart contract technology to automate game result generation and settlement. Each bet placed and reward earned is executed instantly through smart contracts, eliminating manual operations and the possibility of human interference. This process enhances operational efficiency and ensures a seamless user experience.

Hash Value Verification

Game results on BETY.com are generated using hash algorithms. Before each game begins, the platform creates a random server seed value, which is hashed to produce a unique value. After the game ends, players can verify the results by cross-referencing the player seed value and server seed value, ensuring the outcome’s fairness. This transparent process allows players to independently verify game results, reinforcing the platform’s credibility.

Innovative Gaming Experience

BETY.com offers a range of hash-based games designed for simplicity and engagement. These games include:

• Hash Luck: Players select lucky numbers, with prizes awarded for matches.
• Dragon Tiger: Players bet on the Dragon or Tiger hand; the higher card value wins.
• Hash Lottery: Match drawn numbers for escalating payouts.
• Hash Banker Player: Players bet on either the Banker or Player’s hand for higher points.
• Hash Even Odds: Players wager on even or odd outcomes for returns.

Jackpot Balance

BETY.com’s jackpot balance creates an engaging prize pool where each bet contributes to potential payouts. Players can use cryptocurrencies like USDT or TRX to participate and monitor real-time prize pool updates, adding to the transparency.

Real-Time Transparency

All bets and game results are recorded on the blockchain. Players can view complete histories through blockchain browsers, ensuring absolute transparency and accountability.

Ultra-Fast Transactions

The platform supports instant payments and withdrawals in multiple cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and more. This eliminates reliance on traditional payment systems, significantly improving capital flow efficiency.

BETY.com’s Impact and Future Prospects

BETY.com is establishing itself as a significant player in the online gaming sector by modernizing traditional betting methods. Through its integration of blockchain technology and hash algorithms, the platform offers players a verifiable, decentralized system, addressing concerns around fairness and transparency.

Global Reach and Inclusiveness

BETY.com’s decentralized nature eliminates geographical restrictions, allowing global participation through cryptocurrency. Additionally, the platform’s anonymity and privacy features create a secure and inclusive environment for players worldwide.

Technology-Driven Growth

As blockchain technology evolves, BETY.com plans to enhance its capabilities by introducing advanced random number generation algorithms, optimizing smart contract efficiency, and exploring innovations such as NFTs and the Metaverse. These advancements aim to enrich the gaming experience and expand the platform’s reach.

Platform Highlights

• Versatile Offerings: Combining casino gaming, sports betting, virtual sports, e-sports, and more.
• Cryptocurrency Support: Accepts Bitcoin, Ethereum, Tether, Litecoin, and other popular cryptocurrencies.
• Customer Support: Provides 24/7 assistance through live chat and multiple payment options.
• Regulatory Compliance: Adheres to international gaming regulations and promotes responsible gambling.
• Transfer Limits: Supports flexible transaction ranges from $10 to $100,000.

Advancing Online Gaming Through Blockchain Technology

BETY.com is refining the online gaming industry with its blockchain-driven approach, offering enhanced transparency and fairness. By leveraging advanced technology and prioritizing user experience, the platform creates a reliable and innovative environment for players. With continuous upgrades and an expanding user base, BETY.com is well-positioned to support future advancements in the gambling sector.

About bety.com

Bety.com is the pioneering decentralized betting platform and it stands at the forefront of a significant shift in the gambling landscape, positioning itself as the world’s first decentralized betting platform. By harnessing the power of blockchain technology, bety.com aims to transform how users engage in gambling and gaming, creating an ecosystem that prioritizes user security, transparency, and fairness.

Players can register now to claim their bonus and begin their journey. With each game, there are opportunities to play, win, and potentially unlock rewards. Additionally, they can access valuable tips and tricks to enhance their gameplay. Starting a free trial offers the chance to experience the world of crypto gaming.

Contact

Liaison Officer
Jovie J.T. Villa
business@bety.com

Singapore, Singapore, December 19th, 2024, Chainwire

Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup

Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct. Combining its modular architecture, data availability solutions through EigenDA, and now zero-knowledge proofs via SP1, Mantle Network embarks on creating the liquidity chain for institutional-grade settlement and value transfer in the crypto ecosystem. 

Since Mantle Network’s mainnet launch on July 7, 2023, the burgeoning on-chain ecosystem has grown to become a top 5 L2 by total value locked (TVL) with $2.2 billion and counting. The network has processed 175 million on-chain transactions, seen 1.4 million smart contracts deployed, connected to 10 million unique wallet addresses and maintained 4.9 million monthly active wallet addresses since its inception. Mantle Network continues to drive capital efficiency in the on-chain economy with the integration of ZK validity rollup technology, providing crucial next-generation technical infrastructure to support and amplify secure growth of high-value asset settlements. Backed by one of the largest community-owned treasuries globally with $4.3 billion in asset reserves, Mantle Network’s technical roadmap directly supports its vision of accelerating seamless, secure and efficient movement of institutional capital across traditional and decentralized markets.

Accelerating Institutional-Grade Asset Settlements Through ZK Validity Innovation

With the testnet launch in Q1 2025 with intention towards mainnet upgrade, Mantle Network is set to evolve from an optimistic rollup model to a ZK validity rollup through Succinct’s SP1. This architectural change drastically reduces chain finality from seven days to one hour – enabling fast institutional-grade asset settlements that support and address capital efficiency opportunities throughout traditional finance and the blockchain industry.

The transformative efficiency gains of ZK validity proofs have garnered significant market traction. Already powering applications with a cumulative $4.4 billion capital across leading ZK L2 ecosystems, Mantle Network maintains a bullish belief in the advancement of ZK technology to further the broader Ethereum ecosystem. Performance benefits can allow Mantle’s flagship assets, such as $mETH, $cmETH and $FBTC, with an aggregate $3.9 billion TVL, to proliferate across the wider decentralized finance (DeFi) domain. This enables better swap market spreads, lower slippage, deeper money markets, improved interest rates, and broader asset availability. Market intermediaries can rapidly rebalance inventories between Mantle Network (Layer 2) and Ethereum (Layer 1), and users can quickly move permissionlessly to access a unique set of onward routes and integrations.

Key Technical Benefits

The strategic integration of Succinct’s SP1 offers a suite of advanced features catered to developers and users:

• Fast Finality: Boasting a 168x improvement in bridging capabilities, transactions achieve finality in one hour – enabling quick withdrawals and seamless operations to redefine user experience. 
• EVM Equivalence: Succinct’s SP1 full EVM bytecode compatibility ensures developers can leverage existing Ethereum tooling and smart contracts without compromise. 
• Cost Efficiency: Prover fees integrated into transaction costs eliminate additional financial burdens for rollup teams with minimal cost impact to users, as low as fractions of a cent per transaction.
• Enabling a Multi-Chain Future: The advancement reaffirms Mantle Network’s alignment with Ethereum’s security ethos while laying the groundwork for cross-rollup interoperability at scale through ZK proofs.

Driving the Future of ZK Rollups

OP Succinct combines the power of Succinct’s SP1 zkVM with the modularity of the OP Stack, bridging the gap between user-friendly optimistic rollups and complex zero-knowledge technology. The innovation promotes interoperability, flexibility, and standardization that addresses Ethereum’s existing challenges. By adopting ZK validity proofs, Mantle Network transactions are cryptographically verified to be correctly sequenced and settled. This higher tier of security allows everyone to more easily and safely explore frontier areas that enhance the Ethereum experience — such as supporting more advanced application logic, enabling cross-chain actions, improving latency, and adopting multi-sequencer architectures.

Joshua Cheong, Product Lead at Mantle said: “In my previous banking career, I witnessed traditional banking infrastructure and legacy banking business models struggle to keep up with the emergence of FinTech disruptors built with cloud services that boast cost advantages. The introduction of programmable blockchains along with stablecoins heralds the next natural step in disruption of financial services – being even more operationally efficient and resilient. The integration of Succinct’s SP1 marks a defining chapter in Mantle Network’s strategic blockchain journey to support banking for the next generation. By uniting zero-knowledge proofs with the proven versatility of the OP Stack, we’re not just evolving as a Layer-2 solution – we’re setting a new benchmark for institutional-grade Ethereum scalability that enables highly efficient and unparalleled security for high-value transactions at the cost of a few cents with 24/7 settlements.” 

Uma Roy, CEO and Co-Founder at Succinct added: “Succinct’s SP1 empowers any developer to make ZK applications by just writing Rust, accelerating the adoption of ZK and verifiable computation. With OP Succinct, we can propel any OP Stack rollup into the future by providing fast finality with no downsides. By merging SP1’s blazing fast performance with Mantle’s progressive vision, we’re enabling developers to reimagine decentralized applications with unprecedented speed, efficiency, and reliability. Together, we’re building the foundation for Ethereum’s interconnected and scalable future.”  

A Unified Ethereum Ecosystem

The synergy of fast finality, Ethereum-standard compatibility, and cost efficiency promises a profound impact, reducing fragmentation and unlocking the potential for next-generation decentralized applications (dApps). 

The transition enhances Mantle Network’s commitment to Ethereum’s decentralized security model as an ETH-aligned Layer 2, enabling a more cohesive ecosystem with seamless asset and information flows. Mantle Network is now poised to be a future-ready L2 chain as a native ZK rollup.

As the Ethereum landscape evolves, Mantle Network’s adoption of Succinct’s SP1 positions it as a leader in scalability and innovation. Developers, users, and ecosystem partners can look forward to a faster, more secure, and interconnected Ethereum future. 

About Succinct

Succinct brings zero-knowledge proofs to any developer with SP1—the world’s fastest zkVM. Succinct’s Decentralized Prover Network provides affordable and reliable proof generation infrastructure for rollups, bridges, coprocessors and other applications using ZKPs. SP1 is used by the most renowned teams in the industry, including Celestia, Avail, Lido, Polygon, AggLayer and many more.  

Website | X/Twitter | Discord | Blog | Documentation

About Mantle

Mantle is building the largest sustainable hub for on-chain finance. Through its core products — Mantle Network, mETH Protocol, and FBTC — Mantle is unlocking the future of finance by blending institutional expertise with the transformative power of blockchain. Anchored by the Mantle Treasury, the largest community-owned treasury in the ecosystem, Mantle ensures robust liquidity and financial stability. With over $4.3 billion in assets, it actively funds core product development and fosters the growth of asset partners, such as Agora AUSD, Ethena USDe, Ondo USDY, and EigenLayer restaking, enhancing sustainable yield, deep liquidity, and financial utility on the Mantle Network. 

Website | X/Twitter | Devs X/Twitter | Discord | Telegram | YouTube | Blog | GitHub

Contact

Mantle
windrangerlabs@wachsman.com

Dubai, United Arab Emirates, December 19th, 2024, Chainwire

Marinade Finance Makes Strategic Investment in SuperSol to Boost Solana’s Growth and Enhance Layer-2 Capabilities. 

The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and real-time capabilities reaching new heights. This growth is driven not only by traditional decentralized finance (DeFi) applications but also by the rise of emerging sectors like GameFi (gaming on blockchain) and Decentralized Physical Infrastructure Networks (DePIN). In response to these expanding needs, Marinade Finance, a prominent self-custodial staking protocol on the Solana network, has made a strategic investment in SuperSol, the first native Layer-2 scaling solution for Solana. Marinade enables SOL holders to automatically delegate their tokens to top-performing validators in a competitive open marketplace, optimizing yields by allowing validators to share fees directly with stakers.

Strengthening Solana’s Infrastructure for a New Era

SuperSol, designed to significantly enhance Solana’s scalability and performance, aims to address the growing demand for efficient and reliable infrastructure that can support the next wave of decentralized applications (dApps). With a primary focus on sectors such as GameFi, which combines gaming with decentralized finance, and DePIN, which utilizes decentralized networks for physical infrastructure, SuperSol is poised to become a critical component in the future of the Solana blockchain.

The investment by Marinade Finance is seen as a crucial move to help SuperSol accelerate its development and adoption. By supporting innovations like SuperSol, Marinade is positioning itself at the forefront of the efforts to improve Solana’s Layer-1 and Layer-2 capabilities, ensuring that the network can handle the next generation of dApps and meet the increasing demand for high-performance, low-cost, and scalable solutions.

The Role of Marinade Finance in the Solana Ecosystem

Founded in 2021, Marinade Finance has quickly established itself as one of the most prominent players in the Solana ecosystem. The platform allows users to automatically stake SOL tokens, Solana’s native cryptocurrency, while receiving mSOL, a liquid staking derivative. mSOL allows users to earn staking rewards while maintaining liquidity, enabling them to participate in other DeFi activities without locking their assets.

Through this innovative approach to staking, Marinade Finance has significantly contributed to the overall growth and decentralization of the Solana network. By providing liquidity to staked assets, Marinade enables participants to earn staking rewards without locking their assets, thereby supporting both network security and a more dynamic ecosystem for decentralized finance.

In addition to its core offering, Marinade has become an active participant in broader efforts to enhance Solana’s ecosystem. Its decision to invest in SuperSol is in line with its long-term vision to support projects that aim to improve Solana’s scalability and bring real-world use cases to life.

SuperSol: A Key Enabler for the Future of GameFi and DePIN

The main challenge facing blockchain networks like Solana has always been the need to scale in a way that maintains high throughput while minimizing costs. Solana’s high-speed and low-cost architecture has made it a popular choice for developers, but as adoption grows and more applications are built on the network, there is an increasing need for solutions that can handle even more transactions without compromising performance.

This is where SuperSol comes into play. SuperSol is a Layer-2 scaling solution that builds on top of Solana’s existing architecture to offer increased scalability and enhanced performance. By utilizing SuperSol, developers will be able to create more efficient applications, particularly in GameFi and DePIN – two sectors experiencing explosive growth.

In the GameFi space, where games and financial incentives are integrated on the blockchain, the need for high-speed transactions is paramount. Traditional gaming engines often struggle to meet the performance demands of real-time, immersive environments, but Layer-2 solutions like SuperSol can help ensure that these games run smoothly and cost-effectively on the Solana network.

Similarly, in the rapidly growing DePIN sector, which includes applications focused on decentralizing physical infrastructure such as networks, energy grids, and other assets, scalability is critical. SuperSol’s advanced Layer-2 architecture is designed to handle the transaction loads and data requirements of such applications, making it an ideal fit for this emerging market.

A Strategic Partnership with Long-Term Impact

While the financial details of the investment have not been disclosed, Marinade’s support for SuperSol is more than just a monetary contribution – it’s a strategic partnership aimed at fostering innovation and ensuring the continued growth of Solana’s ecosystem. By investing in projects like SuperSol, Marinade is positioning itself as a key player in the infrastructure and scalability efforts that will shape the future of blockchain technology.

The collaboration between Marinade Finance and SuperSol is a testament to the growing synergies within the Solana ecosystem. As Solana continues to attract developers and projects across a variety of sectors, the combination of robust staking solutions and scalable infrastructure will be key to meeting the demands of an increasingly complex and diverse decentralized economy.

Looking Ahead: Solana’s Continued Evolution

As Solana’s ecosystem matures, the need for effective Layer-2 scaling solutions will only become more pressing. SuperSol’s focus on improving Solana’s real-time performance and scalability will help address these challenges head-on, making Solana an even more attractive option for developers and users alike.

The strategic investment by Marinade Finance signals confidence in SuperSol’s vision and the potential impact it will have on the network. It also highlights Marinade’s commitment to not only providing liquidity solutions through its liquid staking protocol but also actively contributing to the broader development of Solana’s infrastructure.

The partnership between Marinade Finance and SuperSol is a significant step toward ensuring that Solana remains a leading blockchain platform for years to come, able to support the growing demands of decentralized applications, GameFi, and DePIN with cutting-edge performance, scalability, and reliability.

About Marinade Finance

Marinade Finance is a non-custodial liquid staking protocol built for the Solana blockchain. By allowing users to stake SOL tokens and receive mSOL, a liquid staking derivative, Marinade enhances liquidity and incentivizes participation in Solana’s proof-of-stake consensus. The platform is designed to make staking more accessible and flexible while supporting the broader development of the Solana network.

About SuperSol

SuperSol is Solana’s first native Layer-2 scaling solution, built to optimize the network’s performance and scalability. Focusing on sectors like GameFi and DePIN, SuperSol is designed to meet the increasing demands of decentralized applications by providing enhanced efficiency, reliability, and real-time performance. 

SuperSol is the brainchild of Eva Oberholzer, whose impressive credentials include former roles as Chief Strategy Officer at Cardano and Chief Growth Officer at ICP. With her extensive experience in protocol development, Oberholzer recognized Solana’s potential as a dominant force in the crypto world. This insight led her to tackle the ecosystem’s scalability challenges, particularly in the GameFi space. By founding SuperSol, Oberholzer aims to solidify Solana’s position as a leading asset class and drive the next wave of innovation in the blockchain industry.

Contact

Founder and CEO
Eva Oberholzer
SuperSol Labs Ltd.
pr@supersol.ai

London, UK, December 19th, 2024, Chainwire

As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature: Duress Mode.

This technology, integrated into Deus’s non-custodial framework, provides an added layer of security to help safeguard cryptocurrency assets and user safety in high-risk situations.

The Issue: Crypto Security Is More Than Digital

While digital security has advanced with multi-signature wallets, biometric authentication, and hardware devices, physical security remains overlooked. Criminals have adapted their tactics, targeting crypto holders.

Considering Real-Life Examples:

2022, London: Criminals broke into a businessman’s home and extorted $1.1 million in Bitcoin at gunpoint.

2023, New York: A crypto trader was kidnapped and forced to transfer $400,000 while held captive.

2021, Bangkok: A prominent investor managing millions in crypto was ambushed by an international gang and coerced into transferring $2.7 million.

In each case, victims lacked the tools to mitigate risks under pressure. Standard wallets provide no “last line of defense” for these real-world threats.

Deus Wallet: Next-Level Protection

Deus Wallet tackles this vulnerability with its non-custodial structure and Duress Mode. This approach allows users to retain full control over their assets while incorporating an additional security measure designed to address specific risks.

Non-Custodial Goal

With Deus, private keys are stored exclusively by the user, not on any centralized server. This eliminates third-party risks such as hacking, insider theft, or regulatory overreach. In an era where centralization poses increasing threats, non-custodial wallets offer unparalleled independence and security.

Duress Mode was developed with one goal: to protect users in life-threatening situations.

The way it works:

Duress PIN Configuration: Setting a secondary PIN during wallet setup.

Under Coercion: Entering the Duress PIN instead of the regular one.

Seamless Decoy: The wallet opens a “fake” account with minimal or no funds, while users’ actual assets remain hidden.

This feature ensures that attackers see what appears to be the entire wallet balance, without ever suspecting the existence of hidden funds.

Deus Wallet is part of a growing movement to rethink cryptocurrency security. As the crypto ecosystem matures, protecting users in both digital and physical spaces is becoming more important.

The Bigger Picture:

Rising Crypto Adoption: As cryptocurrencies enter mainstream finance, the average user profile shifts from tech-savvy enthusiasts to general consumers, many of whom lack advanced security awareness.

Criminal Adaptability: Criminals exploit the pseudonymity of blockchain transactions, knowing that once assets are transferred, they’re nearly impossible to recover.

The Security Gap: While solutions like hardware wallets protect against cyber threats, tools like Duress Mode address the issue of physical security.

Deus Wallet is at the forefront of this shift, setting a new standard for protecting users and their assets.

Key Features of Deus Wallet

Non-Custodial Architecture: Full control of private keys ensures users’ funds are always theirs.

Duress Mode: A revolutionary feature to safeguard assets under physical coercion.

User-Friendly Design: Intuitive interface suitable for beginners and experts alike.

Advanced Encryption: Multi-layered security protects against cyberattacks.

Customizable Settings: Users can define access parameters and Duress Mode triggers according to their preferences.

Cross-Platform Compatibility: Available on iOS, Android.

In today’s world, digital and physical security go hand-in-hand. Deus Wallet provides a comprehensive solution, ensuring that users’ assets and personal safety are never compromised.

About Deus Wallet

Deus Wallet offers a comprehensive platform for storing and managing cryptocurrencies and NFTs, featuring tools to track account activity and streamline asset management. By integrating multiple functionalities, Deus Wallet eliminates the need to navigate several decentralized platforms.

With a focus on user-friendly design, Deus Wallet balances simplicity and functionality, making it a practical choice for those seeking efficient and accessible solutions.

Trusted by users in over 166 countries, Deus Wallet serves a broad audience, including individuals and enterprises, across five continents.

Deus Wallet is designed to support both new and experienced users, providing tools for secure asset management and streamlined engagement with decentralized finance.

Users can visit https://deuswallet.com to learn more about how Deus Wallet is reshaping crypto security for the modern age.

Contact

Pavel Derkach
DEUS WALLET APS LTD
support@deuswallet.com

SAN FRANCISCO, United States, December 18th, 2024, Chainwire

Pepeto: The God of Frogs with Utility and a Vision

Unlike other memecoins’ trading-centric approach, Pepeto offers a comprehensive utility-driven ecosystem. Pepeto, known as the God of Frogs, aims to adopt all future memecoins and elevate the sector through its zero-fee cross-chain exchange and bridge technology.

Pepeto’s Ecosystem Highlights:

• Zero-Fee Exchange: A listing platform for emerging and established memecoins, ensuring cost-free trading for token owners and investors.
• Cross-Chain Bridge: Seamless token swaps between blockchains, improving liquidity, accessibility, and collaboration across the entire crypto market.
• Staking Rewards: Investors can earn additional rewards by staking $PEPETO, incentivizing long-term holding.

At just $0.000000098, Pepeto offers an entry point that remains lower than many competing memecoins, including WEPE. With its narrative tied to the six legendary documents (P-E-P-E-T-O), Pepeto has gathered a community that’s driving its presale. Users can check PEPETO story via Pepeto’s official social media. 

Roadmap: Track Record and Major Milestones Ahead

Pepeto has already completed its Q4 2024 roadmap and begun executing Q1 2025 milestones, including its website upgrade to prepare for the launch of PepetoSwap’s beta version.

https://x.com/Pepetocoin/status/1864282909319848198

Two major announcements are rumored to include a beta utility launch and potential exchange listings.

Community and Hype

According to the team, Pepeto’s narrative-driven story and utility have attracted community engagement. Across social media platforms, interested users have joined the Pepeto Army.

PEPETO has gathered more than 25,000 followers on its X (Twitter), Instagram, YouTube channel, Telegram and Tiktok channels. (Official socials can be found below)

Pepeto’s presale has raised over $2.5 million in a short period.

Pepeto’s Emergence

Pepeto ($PEPETO) is emerging within the memecoin ecosystem, drawing inspiration from the success of the Pepe family.

https://www.youtube.com/watch?v=lKZl_T51MVY

Currently priced at $0.000000098 and sharing the same total supply as Pepe (420T), Pepeto can offer an entry point for investors. Its unique value proposition lies in its advanced swap, exchange, and bridge technologies, built on the Ethereum blockchain. This innovative infrastructure sets Pepeto apart by delivering seamless cross-chain functionality and zero-fee trading.

ABOUT PEPETO :

Pepeto is a memecoin project built to enhance cross-chain functionality while fostering community engagement. With features such as zero-fee trading, blockchain bridge integration, and a staking rewards program, Pepeto combines practical utility with accessibility. By prioritizing interoperability and long-term value, the project aims to establish a strong foundation for growth and innovation within the evolving memecoin landscape.

Official website : https://pepeto.io/.

Social Media:

• X (Twitter): https://x.com/Pepetocoin
• YouTube Channel: https://www.youtube.com/@Pepetocoin
• Telegram Channel: https://t.me/pepeto_channel
• Instagram: https://www.instagram.com/pepetocoin/
• TikTok: https://www.tiktok.com/@pepetocoin

Contact

head of mk
Baker Uccio
contact@pepeto.io

Dubai, India, December 18th, 2024, Chainwire

Sophon has launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA. With over $500M in Total Value Locked (TVL) through the Sophon farming program, and a growing ecosystem of established partners, Sophon is paving the way for scalable, consumer-focused blockchain applications.

The launch comes with significant community support: over 120,000 node licenses purchased by more than 5,800 unique participants are now open for claiming. The SOPH token deploys today in a non-transferable state, with all transactions free for users during this initial phase. Node holders will begin getting rewards from January 1st, with full token transferability and trading expected in Q1 2025.

Launch Partners Driving Adoption

Sophon’s consumer-first approach focuses on delivering user experiences that encourage mainstream crypto engagement. Debuting with industry leaders selected for their ability to bring blockchain benefits to everyday users:

• Mirai Labs: Leading mobile gaming studio with 27M+ onboarded wallets to date.
• OPEN Ticketing: Already powering 7M+ tickets across 24,000 events globally.
• Aethir: Delivering next-generation distributed computing solutions.
• Rivalry: The publicly listed betting company bringing community ownership to the billion-dollar betting industry.
• Anomaly: AI-Powered agent orchestration across Reddit, Telegram, and Discord.
• NooN, Brutal Knights, Gamp, and more.

Pioneering Consumer-First Crypto

Sophon understands that mainstream users prioritize experiences and value over the underlying blockchain technology. By focusing on entertainment applications that naturally benefit from blockchain’s capabilities, Sophon is creating an ecosystem where the technology enhances rather than complicates the user experience.

This vision is reinforced through strategic collaborations with industry pioneers, like Beam, which is launching the first gaming-focused fund and accelerator in Abu Dhabi with a target size of $150M. Sophon is a strategic partner in this accelerator, supporting the advancement of blockchain-based gaming. Additionally, Sophon has seeded the $40M Tactical Compute initiative, targeting projects building at the intersection of crypto and AI. These partnerships ensure Sophon is not just building infrastructure – it’s contributing to the growth of the entire ecosystem.

History in the making

Sophon’s mainnet launch is the first-ever Validium on ZKsync to leverage an external data availability layer powered by Avail, bringing unmatched scalability, security, and savings. By using Avail’s modular application development stack to create its own Light Nodes, Sophon ensures high performance, maintaining full decentralization and data availability, working to set a new standard for modular blockchain designs.  

“Sophon embraces the full potential of the Avail Network, illustrating how blockchains can maintain provable decentralization even in high-volume use cases like entertainment” states Anurag Arjun, Co-founder of Avail.

ZKsync is a protocol to deploy L2 blockchains designed to scale Ethereum while maintaining data privacy through a Validium implementation utilizing Avail DA. The zero-knowledge protocol is leveraged to effectively scale the network while also enhancing interoperability

.Alex Gluchowski, co-inventor of ZKsync, commented, “Sophon’s mainnet launch on ZKsync marks a pivotal moment in the evolution of blockchain technology. As a ZKsync Validium leveraging Avail, Sophon is poised to transform the industry by offering enhanced scalability, security, and cost-efficiency. With a strong focus on user experience and a growing ecosystem of innovative partners, Sophon is well-positioned to unlock the full potential of blockchain for consumers around the world.”

This modular architecture establishes a new benchmark in blockchain design, making Sophon well-suited for high-throughput applications aiming for mainstream adoption.

“The internet didn’t need to explain how it worked to change the world. Crypto shouldn’t either.” said Sebastien, Co-Founder & CEO of Sophon. “Sophon is building the destination where digital culture, entertainment, and value seamlessly flow together – making crypto a natural part of everyday lifestyle applications. Today is day 0 of that journey.”

About Sophon

Sophon is the ultimate platform for next-gen entertainment applications, spanning everything from gaming to AI-powered experiences. It’s primed to be the go-to destination for entrepreneurs and major players in the entertainment industry looking to build their products onchain, offering users novel ways to earn, engage, and enjoy themselves.

To learn more about Sophon, users can visit sophon.xyz

Media Contact: Oskari Tempakka (oskari@sophon.xyz)

About Avail

The Avail Network is a modular application development stack designed to establish blockchains as the verification system for the Internet. By addressing key challenges in rollup scalability, interoperability, and usability, Avail provides a foundational Data Availability (DA) layer built on the same technology planned for Ethereum’s danksharding roadmap, including KZG Commitments and Data Availability Sampling (DAS). Avail is led by Polygon’s former co-founder Anurag Arjun and research lead Prabal Banerjee. Start your Avail journey today at availproject.org.

To learn more about Avail, users can visit availproject.org

Media Contact: Luke Richardson (luke@clpr.agency)

About ZKsync

ZKsync is the pioneering zero-knowledge technology powering the next generation of builders with limitless scale. Secured by math and designed for native interoperability, ZKsync enables the elastic network, an ever-expanding ecosystem of customizable chains. Deeply rooted in its mission to advance personal freedom for all, the ZKsync technology makes digital self-ownership universally available. 

To learn more about ZKsync, users can visit http://www.zksync.io

Contact

Annu Shekhawat
Avail
annu@availproject.org

Singapore, Singapore, December 18th, 2024, Chainwire

dTRINITY, a next-generation stablecoin liquidity protocol, has announced its mainnet debut on the Fraxtal L2 network. The platform is designed to lower interest expenses and improve yields for stablecoin users, addressing the key challenge of rising credit costs in DeFi.

At the core of dTRINITY is a protocol-native stablecoin (dUSD), which serves as the unified liquidity layer between its money markets (dLEND, an Aave v3 fork) and external liquidity pools (e.g., Curve). dUSD is backed 1:1 by an on-chain collateral reserve consisting of stablecoins such as USDC, FRAX, and DAI, as well as yieldcoins like sFRAX and sDAI. Exogenous yields from the reserve are redirected to fund ongoing interest rebates for dUSD borrowers on dLEND, based on their outstanding debts, which reduces the effective borrowing cost. This mechanism not only stimulates borrowing demand but also drives more sustainable utilization and yields for dUSD lenders.

dTRINITY is launching on Fraxtal as its genesis network in a strategic collaboration with Frax to optimize ecosystem liquidity and user incentives. Fraxtal is an EVM-equivalent rollup with a scalable smart contract platform and efficient execution environment powered by the OP stack. Users can take advantage of Fraxtal’s fast transaction speed, low gas fees, robust network security, and unique blockspace rewards, further enhancing their benefits.

In the near future, dTRINITY plans to expand to Ethereum and other emerging blockchains, strengthening cross-chain liquidity and interoperability with Fraxtal as the network scales.

Key Features of dTRINITY:

• Subsidized Interest Rate Model: dTRINITY’s innovative subsidized interest rate model lowers the equilibrium of stablecoin borrowing costs on dLEND vs. other protocols without impacting lending yields. In fact, rebates at low utilization levels could even result in negative interest rates for dUSD borrowers (i.e., borrowers could get paid to borrow).
• Liquidity Incentives: dUSD lenders and liquidity providers benefit from a combination of protocol rewards and external incentives from strategic partners (in both points and tokens) for supplying and bolstering liquidity in the ecosystem.
• Security & Risk Management: dTRINITY has successfully completed smart contract audits with three leading blockchain security firms: Halborn, Verichains, and Cyberscope. Additionally, the protocol disables rehypothecation of supplied collateral by default to minimize risk exposure. dUSD is the only borrowable asset on dLEND and it cannot be borrowed against itself.
• Strategic Partnerships: In addition to Frax, dTRINITY also plans to collaborate symbiotically with other major DeFi protocols. First, dUSD can be expanded to other lending platforms (e.g., Fraxlend, Morpho), providing their users with similar subsidy benefits. Secondly, dUSD can serve as a cheaper medium of leverage for loopers using other stablecoins/yieldcoins (e.g., Ethena, crvUSD), increasing demand for both projects. Furthermore, the dUSD reserve’s composition will be diversified over time, opening up potential partnership opportunities with more stablecoin/yieldcoin projects.

dTRINITY’s core contributors include the co-founders of Stably. The project has been in development since Q2 2024 and secured 1st place at both the ETHVietnam and Fraxtal Hackathons earlier this year. Strategically, dTRINITY is advised by the co-founders of Frax, Convex, Sky (formerly MakerDAO), Coin98, and Promontory Partners, bringing a wealth of expertise from leading stablecoin and DeFi pioneers to the protocol’s development.

For more information, users can visit dtrinity.org and follow @dTRINITY_DeFi on X.

Disclaimer: dTRINITY is not available to residents of Belarus, Canada, Cuba, Haiti, Iran, Myanmar, North Korea, Russia (including Crimea), Somalia, South Sudan, Syria, the USA, the UK, Venezuela, and other prohibited jurisdictions. The information contained herein should not be considered legal, business, financial, or tax advice. Past performance is not indicative of future results. Digital assets and DeFi protocols carry significant risks, including the potential for loss of funds. Users should conduct their own research and seek professional advice before interacting with digital assets and DeFi protocols.

About dTRINITY

dTRINITY is the world’s first subsidized lending protocol, designed to reduce borrowing costs and enhance yields for stablecoin users in DeFi. The protocol is powered by dUSD, a decentralized stablecoin backed 1:1 by an on-chain yieldcoin reserve. Exogenous yields from the reserve are used to fund ongoing interest rebates for dUSD borrowers, lowering their effective borrowing rates. dTRINITY is now live on the Fraxtal L2, and it will be expanded to Ethereum plus other networks in the future.

Contact

Core Contributor
Kory Hoang
Trinity Foundation Ltd
hello@dtrinity.org

George Town, Cayman Islands, December 13th, 2024, Chainwire

Sonic Labs today announced the launch of the Sonic mainnet, an EVM-compatible layer-1 blockchain platform that offers developers attractive incentives and powerful infrastructure.

With 10,000 transactions per second (TPS), sub-second finality, and a native, decentralized gateway to Ethereum, Sonic empowers developers to build the next generation of applications on unparalleled infrastructure and liquidity.

Developed by the same team behind Fantom, Sonic and its S token deliver a significant leap forward from both Fantom and FTM. Through a one-to-one upgrade process from FTM to S, existing FTM holders can seamlessly start using Sonic.

Sonic leverages proven expertise to establish itself as a DeFi hub by revolutionizing developer incentives while providing users with smooth user experiences and access to vast amounts of liquidity.

Fee Monetization: Developers Come First

Fee Monetization (FeeM) on Sonic rewards developers with up to 90% of the network fees generated by their applications, adopting the Web2 ad-revenue strategies popularized by platforms like YouTube. While many blockchains offer limited developer incentives and primarily focus on value extraction, Sonic addresses this issue effectively through its FeeM model.

“Recently, we’ve seen many new chains launch, especially centralized layer 2s where the founders pocket all network fees. This excludes developers from the equation, forcing them to impose extra fees on users to earn revenue. FeeM addresses this by coding developer rewards directly into the chain, ensuring that network fees are shared with developers from the start.”— Sam Harcourt, Business Development Lead, Sonic Labs

Developers on the Sonic chain receive a share of network fees generated by the traffic and engagement their applications attract, offering a built-in mechanism for ongoing revenue.

Fantom to Sonic: Upgrading FTM to S

Fantom and its FTM token are officially transitioning to Sonic and the S token. Sonic Labs is facilitating the transition by offering a dedicated upgrade portal on MySonic that allows FTM holders to seamlessly upgrade their FTM to S on a one-to-one basis.

“We are proud to launch the new Sonic chain as the next evolution of Fantom, building on its impressive track record of nearly 100% uptime since 2019. Sonic is a revolutionary platform that prioritizes developers, empowering them to create applications with seamless user experiences while earning a share of network fees.”— Michael Kong, CEO, Sonic Labs

During the initial 90 days after Sonic’s mainnet launch, holders can freely swap between FTM and S using the upgrade portal. After this period, holders will only be able to upgrade from FTM to S.

Sonic Gateway: Secure, Decentralized Interoperability

With the rise of cross-chain activity, secure and trustless bridges are more crucial than ever. Traditional layer-1 and layer-2 bridging solutions often rely on centralized systems, risking billions in potential losses.

The Sonic Gateway addresses these challenges as a decentralized and trustless bridge between Ethereum and Sonic, offering:

• Security: A fail-safe ensures user funds can be recovered on Ethereum if the Gateway is down for 14 days, guaranteeing asset protection.
• Speed: Asset transfers are batched efficiently (every 10 minutes from Ethereum to Sonic and hourly in reverse). The Fast Lane feature lets users pay a small fee to bridge instantly.
• Decentralization: Operated by Sonic’s validators on both chains, the Gateway is as decentralized as Sonic itself, preventing centralized manipulation.

“To empower users with effective and trustless control of their assets, we developed the Sonic Gateway, which provides liquidity from other platforms. Powered by our own validators and secured by a fail-safe, the Gateway lets users and apps safely leverage the benefits and incentives of bringing new liquidity to Sonic.” — Bernhard Scholz, Chief Research Officer, Sonic Labs

Sonic Labs will expand the Gateway beyond Ethereum in the future, enabling direct, decentralized access to multiple blockchains’ native assets.

Sonic Airdrop: Distributing the S Token

To encourage network growth, Sonic Labs is distributing 190.5 million S tokens through an airdrop program focusing on both users and developers. The program includes two incentive structures:

• Sonic Points: Rewards end-users for early adoption, asset holding, and overall engagement.
• Sonic Gems: Rewards developers for creating applications that drive user activity and innovation. Developers can convert Gems to S and share the tokens with their users to incentivize continuous usage.

About Sonic

Sonic is an EVM layer-1 platform that offers developers attractive incentives and powerful infrastructure. The chain provides over 10,000 TPS, sub-second confirmation times, and a secure gateway to Ethereum for enhanced liquidity and asset security.

For more information, users can visit Sonic’s official website and follow Sonic’s Twitter.

Contact

Sonic Labs
press@soniclabs.com

Singapore, Singapore, December 18th, 2024, Chainwire

NFTMozaic, the newest project to hit the Polkadot ecosystem, has been awarded a Decentralized Futures Grant by the Web3 Foundation to establish Polkadot as the leading ecosystem for NFT-related projects and initiatives.

What is NFTMozaic?

NFTMozaic aims to redefine the NFT landscape by aligning and defining one common vision of success for NFTs in the Polkadot ecosystem. With the support of a Decentralized Futures grant, NFTMozaic will play a pivotal role in driving NFT growth and adoption across the Polkadot network, ultimately becoming the go-to Polkadot NFT alliance hub for projects. 

NFTMozaic will focus on four strategic pillars: Governance, Technical Development, Business Development, and Marketing initiatives.

Unique Network, the first NFT parachain on Polkadot since 2021, is the core initiator of NFTMozaic, aiming to expand opportunities, drive NFT innovation, and work towards a path to decentralization. 

Since its initial inception, Unique Network’s Co-Founder Alexandar Mitrovich introduced NFTMozaic (previously known as the NFT Collective) in November 2023 – with the goal of “creating the common front to represent Polkadot NFT interests and improve the traction for everyone”. 

By leveraging the superior technology of Polkadot and Substrate, Unique Network has been able to achieve the fastest NFT mint of 100,000 NFTs in under 19 minutes. In addition, the team launched a test developer environment for developers and parachains to test NFT transfers via NFT XCM (Cross-Chain NFTs). 

NFTMozaic will work alongside projects and parachains within the ecosystem to drive the success of NFTs on Polkadot — collaborating with key Polkadot Builders and Developers, Web3 Foundation, Parity, OpenGov experts, and community agents.

In the coming weeks, NFTMozaic will have one-to-one talks and discussions with NFT projects to further align with their goals, current strengths, and challenges. 

Vision for 2025

As NFTMozaic gains momentum, its goals for 2025 include creating a unified technical toolset for NFT developers, increasing the number of NFT-focused dApps and user engagement within the ecosystem, and curating a clear marketing narrative for Polkadot NFTs.  

Alexander Mitrovich, co-founder at Unique Network, says: We’ve been heavily focused on creating a stronger message and a unified NFT front on Polkadot for over a year, and we’re excited to now introduce NFTMozaic as the go-to alliance hub for everyone in the Polkadot ecosystem. Driven by NFT experts and created for you.

About NFTMozaic

NFTMozaic plans to build a comprehensive framework to improve the experience for developers, projects, and users in the Polkadot NFT space – serving as a single point of contact for new projects looking to integrate NFTs into the ecosystem. 

Users can follow NFT Mozaic on X (Twitter) at nftmozaic, visit the website at nftmozaic.com, or get involved by filling out this form.

Contact

Chief Marketing Officer
Charu Sethi
Unique Network
cs@unique.network