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DTX Exchange’s Revolutionary Multi-Asset Platform Drives $4.75M Presale

New York, New York, October 15th, 2024, Chainwire

With the cryptocurrency market entering the final quarter of the year with major bullish momentum, the emerging altcoin platform DTX Exchange (DTX) has made a strong impact. The DeFi platform has raised over $4.75 Million weeks earlier than expected. This early success reflects growing interest in platforms that offer access to a diverse range of assets, including cryptocurrencies, equities, and real-world assets (RWA), under a unified trading system.

Innovative Multi-Asset Platform Meeting Market Demand

Despite the entry of financial giants like Blackrock and Morgan Stanley into the decentralized world, there is still a lack of a unified platform that integrates conventional assets like equities, stocks, and bonds with decentralized assets like cryptocurrencies. DTX Exchange has aimed to bridge the gap between traditional and decentralized financial markets by allowing users to trade over 100,000 assets on a single platform. This innovative solution makes it possible for traders to access a wide variety of assets under a single platform with minimal trading fees. 

The global cryptocurrency industry is worth $2 trillion alone, with the broader equities market having over $90 trillion worth of assets. By enabling the trading of these assets, DTX provides traders with the chance to enhance liquidity. The DTX team aims to attract the attention of millions of retail and enterprise traders through this unique feature.

Notable Presale Participation and Platform Development

DTX Exchange’s presale has seen considerable early participation across its initial rounds. The first round raised approximately $300,000 in a short period, while the second phase exceeded $1 million in total funds raised. The third presale round concluded ahead of schedule, with the platform raising over $4.75 million across all rounds to date. During this time, the token price increased from $0.01 to $0.08, reflecting initial interest in the platform’s offerings.

Platform Features and Future Product Expansion

DTX Exchange credits its early adoption to its unique product offerings, including:

VulcanX Blockchain – This privacy blockchain powers the DTX ecosystem and is the first unified blockchain to support conventional financial assets. With a throughput of over 100,000, this blockchain is expected to power the next decentralized applications of the future. 

DTX Unified Wallet – The DTX Unified Wallet is the first crypto wallet to support forex, equities, and crypto assets under a single secure application. The product is expected to add features like P2P asset trading and portfolio management tools. 

Enterprise RWA Platform – DTX is onboarding conventional assets on the blockchain through the Real World Assets (RWA) builder platform.

DTX Exchange Sells Out Round 3 In Days

In the most recent development, the ongoing presale has sold over 50 million tokens and raised $3 million to sell out the 3rd round weeks ahead of schedule. The DTX team is now raising the token price, giving investors another opportunity to join the presale and secure DTX tokens before they launch on public exchanges.

Open Public Trading and Ecosystem Expansion

DTX Exchange has outlined its plans to make DTX tokens available for open public trading following the launch of the VulcanX blockchain. With a growing community of over 70,000 members, the platform is preparing for broader accessibility, which may help increase its reach and user base significantly upon public launch. Additionally, DTX also has an active developer community that is actively developing new products.

Exploring the DTX Ecosystem – Key Products 

Aside from offering a suite of trading features, DTX Exchange is expected to offer a wide range of products to developers and enterprise players in the finance world. Some notable products include the Real World Asset (RWA) tokenization tool that allows stakeholders in the Real Estate industry to tokenize assets and introduce new models of investment in illiquid assets. Additionally, DTX is expected to launch the DTX Unified Wallet, which allows holding stocks, cryptos, and forex assets. Additionally, future plans include holding the Digi-Hackathon to improve platform security and integrity. 

DTX Exchange: Unifying Digital Assets with Strong Growth Potential

With the unique approach DTX Exchange has taken to unifying digital assets, its presale performance comes as no surprise. Built on the VulcanX blockchain, the platform is designed to improve transaction capacity compared to many layer-1 blockchains.

Given the rapid pace of the presale sold, the altcoin could mirror the past trajectory of other cryptos that had exponential rallies. In the past, projects like Solana, Cardano, Polygon, and Dogecoin have all surged from small-scale altcoins into multi-billion dollar projects that have become household names. DTX Exchange aims to fulfill its potential and turn into a major powerhouse in the coming months.

Investors can still become an early part of the DTX Exchange community. With a current price of $0.08 and a listing price of $0.20, investors are poised to enjoy growth in value in the coming months. With broad applications for the financial sector, DTX aims to become the cornerstone of the DeFi industry and carve out a sizeable portion of the $2 Trillion trading industry.

Users can learn more:

Users can buy Presale here

Users can visit DTX Website here

Users can join The DTX Community

Contact

DTX Exchange
dtxinnovations@gmail.com

Solanex, Pioneering AI-Driven DEX on Solana, Launches $SOLDEX Token Sale

London, UK, October 14th, 2024, Chainwire

Solanex AI, an innovative DEX built on the Solana blockchain, has announced the token sale of its native token, $SOLDEX. This marks a major milestone in Solanex’s mission to transform digital asset trading through cutting-edge AI technology and an intuitive, user-focused platform.

The $SOLDEX token powers the Solanex ecosystem, enabling seamless trading experiences while leveraging Solana’s ultra-fast and low-cost transactions. By integrating AI-driven strategies, Solanex is set to redefine how traders interact with DeFi, offering unmatched efficiency and profitability.

A total of 17.5% of the $SOLDEX supply is allocated for this pre-sale, with the Token Generation Event scheduled for early 2025. To date, the initial coin offering (ICO) has raised over $200,000, and is now available for participation.

Solanex ICO has already raised over $200,000 and is now live for participation, more information can be found here.

The Solana Advantage for Solanex AI

Solanex AI has strategically chosen to build on the Solana blockchain, which has recently demonstrated considerable growth. Asset manager VanEck has projected that Solana could reach up to 50% of Ethereum’s market capitalization. Additionally, Solana’s network recently outperformed Ethereum in 24-hour DEX trading volume, capturing 23% of the total market share. Solanex AI aims to capitalize on this momentum by leveraging Solana’s scalability and low transaction costs to deliver AI-driven trading enhancements within the DeFi ecosystem.

Solanex vs. Traditional DEXs

Traditional DEXs often struggle with liquidity fragmentation, high transaction costs, and complex user interfaces. Solanex AI addresses these challenges head-on by leveraging the power of artificial intelligence. 

The platform’s AI-powered governance system dynamically optimizes liquidity distribution, ensuring that traders always have access to the best prices. Additionally, Solanex AI‘s innovative Reserve-Based Virtual Pools eliminate the need for indirect trades, reducing slippage and lowering overall trading costs.

The Power of AI in Crypto

  • AI-Powered Trade Optimization: Solanex AI’s AI algorithms ensure that every trade is executed at the best possible price, minimizing slippage and maximizing profits.
  • Enhanced Liquidity: AI-driven liquidity management aims to support adequate liquidity across various market conditions.
  • Real-Time Market Analysis: Solanex AI’s AI-powered tools provide users with up-to-the-minute insights into market trends, enabling them to make informed trading decisions.
  • User-Friendly Interface: Solanex AI is designed with the user in mind, offering a simple and intuitive interface that is accessible to traders of all levels.

Solanex AI also allows users to trade a variety of assets, including popular memecoins such as WIF, MICHI, and MOTHER, as well as other newly launched tokens.

About Solanex

Solanex AI aims to become a leading DEX on the Solana blockchain, offering an advanced trading experience for both retail and institutional investors. With its innovative AI-powered features and commitment to user satisfaction, Solanex AI is paving the way for a new era of decentralized trading.

Solanex X page: https://x.com/solanex_ai

Website: https://solanex.ai 

Contact

Arthur
Solanex
tech@solanex.ai

Minutes Network Appoints Gaming & Web3 Veteran Jamie King, Former Rockstar Co-Founder, as Chief Marketing Officer

Leeds, United Kingdom, October 14th, 2024, Chainwire

Minutes Network, the world’s first blockchain-based international voice-calling and wholesale termination service provider, is thrilled to announce the appointment of Jamie King as its new Chief Marketing Officer, effective October 14th, 2024. With a pioneering career in driving digital marketing transformations, Jamie is set to lead Minutes Network marketing initiatives into a new era of growth and engagement, bringing a wealth of expertise, vision, and leadership that will further drive the company’s commitment to providing voice carriers worldwide with the highest quality international terminations, at the lowest, market-beating, prices. 

“The potential of DePIN to transform the telecommunications industry is immense and Minutes Network is at the forefront of this revolution. I’ve always been passionate about the intersection of technology and entertainment and the real value of infrastructure. I’m thrilled to join the team and eager to use my expertise to help the company expand its reach and deliver exceptional value to our customers while disrupting traditional business models.”

Jamie King brings over 20 years of experience in product innovation and go-to-market strategies with a recent focus on Web3 and its potential to disrupt legacy industries. Renowned for his contribution to creative innovation as a co-founder of Rockstar Games, Jamie King has received multiple awards for his work, including a BAFTA for lifetime contribution in video games, Chief Marketer Pro Gold Awards, Tempest Esports Awards, a Clio and a 34th Sports Emmy Nomination for ‘Outstanding Digital Innovation.’ 

“Jamie King’s proven track record aligns perfectly with our vision for the future,” said CEO Josh Watkins. “Jamie is set to lead Minutes Network marketing initiatives into a new era of growth and engagement, focused on accelerating brand awareness and scaling user adoption of the Minutes Network platform.” 

About Minutes Network

Minutes Network offers a unique integration between telecommunications and the blockchain, leveraging existing and new, proprietary MinTech technologies to provide voice carriers worldwide with the highest quality international terminations at unmatchable prices. With twenty-four international points of presence, Minutes Network can terminate international traffic all day, every day, to any worldwide destination. Through innovative solutions and a dedication to excellence at pace, Minutes Network continues to set new standards in the Telecom Industry. 

For more information about Minutes Network and their leadership team, users can visit www.minutesnetwork.io and X account.

Contact

CEO
Josh Watkins
Minutes Network
enquiries@minutesnetwork.io

FILLiquid Launches FIG Staking to Introduce Revenue Sharing for Its FIL Borrowing Platform

Berlin, Germany, October 14th, 2024, Chainwire

FILLiquid, an emerging Filecoin-based platform for leasing and borrowing, has launched FIG Staking, a new product that allows users the chance to earn yield by staking the platform’s governance token, FIG. This initiative leverages a revenue-sharing model, enhancing the utility of FIG and enabling token holders to claim a share of the platform’s transaction fees.

Since FILLiquid’s FIL liquidity protocol debuted in late August 2024, it has swiftly attracted over $2.5 million in Total Value Locked (TVL), underscoring its growing influence in Filecoin-based borrowing. The recent launch of FIG Staking saw nearly 1 million $FIG staked within just two hours, which the team sees as a reflection of token holders’ interest in deeper protocol participation.

FIG Staking extends the utility of the FIG token beyond governance by offering stakers access to a share of transaction-based revenue. With this product, FILLiquid aims to provide token holders the option to participate more actively in the protocol’s growth, aligning rewards with platform usage.

“The FILLiquid community has eagerly awaited the FIG Staking launch, which opens up additional yield-generating opportunities,” said Arthur Tan, CEO of FILLiquid. “This innovation allows our community to become more integrated with the protocol, providing them with a unique ownership opportunity for the platform.”

To participate in FIG Staking, users need to deposit FIG into the staking product and allow rewards to accumulate as more transactions and loans are processed on the platform. Users are required to select a deposit period when staking, with longer periods providing higher rewards.

Dividends are allocated based on the user’s staking period and the amount staked based on a weighted formula. Rewards are triggered when the number of FIL in the reward pool reaches the threshold. However, the first three dividends will be triggered manually over the following three dates: October 17th, October 24th, and October 31st, providing ample opportunity for FIG holders to start staking.

After attracting over $2.5 million TVL, FILLiquid has quickly become a key player within the Filecoin ecosystem. The liquidity pool is designed to deepen FIL liquidity for storage providers, helping them achieve sustainable storage power growth and capital efficiency by utilizing locked liquidity to secure loans.

FIG Staking extends the utility of the FIG token beyond governance by offering stakers access to a share of transaction-based revenue. With this product, FILLiquid aims to provide token holders the option to participate more actively in the protocol’s growth, aligning rewards with platform usage.

About FILLiquid

FILLiquid is a $FIL lending protocol that aims to deepen liquidity to Storage Providers (SPS), helping them achieve consistent storage power growth while allowing token holders to lease their assets. The protocol intends to solve the SP dilemma, which requires SPs to make consistent $FIL pledges to add more storage capacity to the Filecoin network by unlocking liquidity in the SPs node. FILLiquid employs an algorithmic interest rate model dictated by the utilization rate in the liquidity pool.

$FIG, FILLiquid’s native token, provides governance voting rights and allows holders to participate in revenue-sharing when staked. It also features deflationary properties through burning.

The team members behind FILLiquid are very well-versed in the crypto field, with more than seven years of experience. The product designer is a CFA-certified economist who previously worked as a researcher at the IMF and World Bank Group, providing credibility for the project. In terms of achievements, FILLiquid has already won the Ethereum and Filecoin DeFi Hackathon in 2023, an event showcasing their innovation in DeFi solutions.

For more information and regular updates, users can visit FILLiquid’s official website and whitepaper, as well as the Telegram, X, Medium, and Discord channels.

Contact

CEO
Arthur Tan
media@fliquid.io

Powerledger completes integration with Solana, accelerating the pace of innovation in sustainability

Zug, Switzerland, October 13th, 2024, Chainwire

Powerledger (POWR) has officially completed its integration with the Solana ecosystem, accelerating the pace of innovation in the global sustainability markets. This move combines Solana’s cutting-edge blockchain technology with Powerledger’s proven energy and environmental commodities trading and energy tracking solutions, setting the stage for faster, more efficient, and cost-effective clean energy solutions worldwide.

On October 1, 2024, Powerledger began the deprecation of its own blockchain, marking a transition for the POWR token across both Ethereum and Solana. This dual-chain approach unlocks potential for the tokenisation, trading, and tracking of renewable energy assets, including excess clean energy, renewable energy certificates (RECs) and carbon credits (CCs), while driving global environmental accountability. Powerledger’s proprietary energy solutions are now transitioned to Solana mainnet. 

“With our new Solana POWR token, we’re excited to leverage Solana’s network, this allows for lower fees and faster processing, aligning with our vision to make clean energy more efficient and accessible for all,” said John Bulich, Co-founder & Director, Powerledger. 

Solana POWR: Speed, efficiency, and sustainability in action.

This integration enables Powerledger’s platform to scale faster, support high-volume energy and environmental commodities transactions, and contribute to a more efficient and decentralised energy future for global sustainability efforts. This integration with Solana mainnet offers, 

  • POWR token availability: The POWR token is now available on both Ethereum and Solana, with no changes to the total token supply. Token swap mechanism ensures that for every POWR token minted on Solana, an equivalent amount is locked on Ethereum, preserving the integrity of the tokenomics and preventing inflation. 
  • Enhanced flexibility and interoperability: The dual-chain approach ensures that POWR remains accessible to users who prefer Ethereum, while also leveraging Solana’s powerful infrastructure and vibrant community to drive new sustainability solutions and collaboration.
  • POWR as a payment token: POWR will continue to serve as a payment token for platform services across both Ethereum and Solana, incentivising green behaviours such as offsetting carbon emissions and reducing energy consumption. Powerledger also completed the integration of its own energy platform with Solana, leveraging Solana’s latest tools and technology. 

Powerledger (POWR) is set to play a pivotal role in enabling the tokenisation and trading of renewable energy assets, helping businesses meet their sustainability goals while making energy markets more transparent and accessible for all. 

About Powerledger

Powerledger is a Web3 company that creates pioneering solutions that solve pressing energy challenges, enabling access to cheaper and cleaner electricity and transparent environmental trading marketplace. Founded in 2016, Powerledger is known for being Australia’s first and most successful ICO. Powerledger has previously experimented with Bitcoin and Ethereum forks before transitioning to a hard fork on Solana last year. Now, headquartered in Zug, Powerledger is recognised as one of the top 50 companies in Crypto Valley, Switzerland. 

For more information, please visit https://www.powerledger.io/

YouTube: https://youtu.be/DR-AQIyk9V0?si=dJf-H_SttyQkpbBm

Contact

Snehal Pawar
Powerledger
pr@powerledger.io

Ubisoft to Launch Champions Tactics: Grimoria Chronicles as Its First Web3 Game with the Oasys Layer 2 HOME Verse

Paris, France, October 10th, 2024, Chainwire

Leading video game developer Ubisoft has announced that it is to launch its first game seamlessly leveraging web3 technologies. On October, 23rd, Champions Tactics: Grimoria Chronicles will be deployed on HOME Verse, the layer-2 network that forms part of the Oasys gaming ecosystem.

Close to a year after the first announcement at IVS Kyoto, Ubisoft will make its first foray into web3 gaming with the support of Oasys and double jump.tokyo. Champions Tactics: Grimoria Chronicles is a tactical RPG where players assemble a team of mythical Champions and engage them in thrilling PvP battles while exploring the dark and mystical world of Grimoria.

“At Ubisoft Strategic Innovation Lab, our goal is to be pathfinders in delivering innovative player experiences”, says Nicolas Pouard, VP of the Ubisoft Lab. “With Champions Tactics, we aim for Web3 technology to seamlessly fade into the background, allowing players to fully immerse themselves in the fun and strategy of the game. Our focus is on enhancing gameplay by unlocking new possibilities, and with the champion creation forge, we’re recreating the joy of playing with real toys and miniatures, bringing that hands-on excitement into the digital realm.” 

At the heart of Champions Tactics lies a collection of 75,000 Champions—digital collectibles that serve as the primary characters in the dark fantasy world of Grimoria. Each Champion possesses unique traits and abilities, enabling players to build and optimize their ultimate team. By strategically selecting their team of three Champions, players can dominate their opponents and seize glory in intense PvP showdowns.

The Forge empowers players to craft new Champions by blending the unique powers and traits from their existing collection, unlocking limitless possibilities for strategic mastery. This crafting system allows players to create tailored champions, unlocking new abilities and enhancing team dynamics. The Forge is essential for those looking to refine their roster and dominate the leaderboard.

Ubisoft’s first 10K PFP collection, The Warlords, was the most hyped mint of Q3, 2023, and the 75K Champions mint in July 2024 broke more records. As excitement builds for the launch of Champions Tactics, its community has swelled to more than 100K X followers and 50K Discord users. Closed alpha and beta tests, meanwhile, involving thousands of players, have resulted in positive feedback and helped to further enhance the game’s mechanics.

“With Champions Tactics: Grimoria Chronicles, we’re bringing a true gaming experience to Web3. This isn’t GameFi—it’s about pure, immersive gameplay that draws players in, while giving them the freedom to own their assets and shape the game’s future. With a seasoned team that has worked on beloved Ubisoft franchises like Assassin’s Creed, Heroes of Might & Magic, Rayman, Mighty Quest or Far Cry, we’re using our expertise to craft something entirely new for all players, not just Web3 enthusiasts.” said Sylvain Loe-Mie, executive producer for the game. 

Oasys will collaborate with Ubisoft on the deployment of its debut web3 game on HOME Verse to ensure that the blockchain elements of Champions Tactics are fully optimized. Through combining video game style gameplay with enhanced web3 features, Ubisoft’s Champions Tactics will combine the best of both worlds, delivering an immersive game that rewards regular play. 

Oasys representative director, Ryo Matsubara said: “We’re delighted that Ubisoft has chosen to launch their first web3 game on HOME Verse, the Oasys L2 whose architecture has been engineered to support a seamless playing experience. Demand for the Warlords and Champions mints earlier this year attests to the level of interest in Champions Tactics. The official release of Grimoria Chronicles will raise the bar for web3 gaming while demonstrating the enduring appeal of the Ubisoft brand.”

About Ubisoft

Ubisoft is a creator of worlds, committed to enriching players’ lives with original and memorable entertainment experiences. Ubisoft’s global teams create and develop a deep and diverse portfolio of games, featuring brands such as Assassin’s Creed, Brawlhalla, For Honor, Far Cry, Tom Clancy’s Ghost Recon, Just Dance, Rabbids, Tom Clancy’s Rainbow Six, The Crew and Tom Clancy’s The Division. Through Ubisoft Connect, players can enjoy an ecosystem of services to enhance their gaming experience, get rewards and connect with friends across platforms. With Ubisoft+, the subscription service, they can access a growing catalog of more than 100 Ubisoft games and DLC. For the 2022–23 fiscal year, Ubisoft generated net bookings of €1.74 billion. To learn more, please visit: www.ubisoftgroup.com

For more information on Champions Tactics:: Website | Twitter | Discord

About Oasys

Oasys is a game-optimized blockchain that offers a highly scalable Layer 1 hub and specialized Layer 2 using Ethereum’s Layer 2 scaling solution. The ecosystem provides game developers with a secure and scalable blockchain infrastructure for creating more efficient, secure, and interoperable games. Among Oasys’ validators are leaders in gaming and Web3, such as SEGA, Ubisoft, and Yield Guild Games, who act as initial validators in our Proof-of-Stake (PoS) based blockchain. Oasys’ expert blockchain team, combined with the biggest names in gaming, is revolutionizing the gaming industry. Oasys solves the challenges that game developers face when building blockchain-based games by focusing on creating an ecosystem for gamers and developers to distribute and develop games. The company’s trifecta approach includes a fast network powered by the gaming community, a scalable network powered by AAA game developers, and a blockchain that provides the best user experience with fast transactions and zero gas fees. This approach prepares participants to enter the Oasys and play. 

For more information on Oasys: Website | Twitter | Discord | Telegram

About double jump.tokyo

Founded in 2018, double jump.tokyo Inc. is a leading Japanese startup at the forefront of Web3 solutions and blockchain game development, with notable successes like “My Crypto Heroes” and “Brave Frontier Heroes.” As a technology solution provider, the company partners with major enterprises, facilitating the seamless integration of blockchain technologies into their games and overall business strategies. Backed by prominent investors, including Circle, Gate Ventures, Protocol Labs, SBI Investment, Sony Group, and WEMADE, double jump.tokyo boasts collaborations with industry giants such as SEGA, Square-Enix, Bandai-Namco, Ubisoft, and LINE. With a clear mission to drive the widespread adoption of blockchain technologies, the company is dedicated to transforming the global gaming and entertainment industries.

For more information on double jump.tokyo: Website | Twitter

Contact

Gal Raviv
pr@marketacross.com

Constellation Network, the DoD-vetted blockchain for Big Data, unveils Panasonic partnership details at its October HyDef Conference

San Francisco, USA / California, October 10th, 2024, Chainwire

Constellation Network’s “HyDef ‘24” conference will take place on Thursday, October 24, 2024, featuring a free daylong virtual event combined with a live in-person event for a nominal fee at 1 Hotel in San Francisco.

Constellation Network is a unique Web3 framework with new open-source tooling that empowers companies and individuals to build blockchain networks for Big Data, creating trust and transparency around data collection, validation, and transacting. Nicknamed “America’s Blockchain,” Constellation Network actively works with entities such as the U.S. Military, The Digital Chamber, the Texas Blockchain Association, Space ISAC, and the National DigiFoundry. Constellation has been validated and approved by the U.S. Department of Defense through the Air Force Research Laboratory (AFRL) as a, “Scalable, Secure and Defense-Approved Blockchain technology.” 

“So much work has been going on behind the scenes which is why HyDef is a great forum to bring it to the forefront around one action packed event. Since the launch of Metagraphs, it’s been hard to keep up with all the inbound interest from federal, enterprise and academia. We are excited to not only give updates on what has matured but also unveil new expressions that truly separate Constellation apart in the Web3 industry.” – Benjamin Diggles, Constellation Co-founder and CSO

Constellation’s HyDef ‘24 conference will deliver a jam-packed day of ground-breaking insights. Conference sessions cover secure information-sharing in a zero-trust world, the future of finance and blockchain, the evolving regulatory environment, government and blockchain, and much more.

Hackathon-winning projects will be showcased at the event where developers have leveraged Constellation’s big data transaction and validation capabilities to build apps that gather and validate data at scale. These apps feed the data into AI or causal models to give businesses and individuals insights based on more input than we’ve heretofore been able to process.

Another HyDef highlight will be the long-awaited reveal of the details of the working relationship between Constellation and Panasonic. The work the two companies are doing together has the potential to bring Constellation’s technology and blockchain-secured edge computing to the world en masse in a meaningful way.

“The Constellation Community is the backbone to our ecosystem. HyDef is a time for us all to come together, celebrate the progress in our ecosystem, give visibility to our partners, and gear up for the future of Constellation. By bringing together thought leaders, builders, and new product development we paint a picture for new opportunities in distributed networks and the communities that build them.”- Ben Jorgensen, Constellation Co-founder and CEO

The in-person event will be held at the 1 Hotel in San Francisco and will require a nominal $150 fee. Attendees include representatives from Panasonic, the Greer Institute at Intel, Forward Edge AI, venture capitalists, The Digital Chamber, the Constellation leadership team, along with Stardust Collective community leaders.

The virtual event is free to attend with access via livestream to all keynote speeches, panel discussions, and hackathon showcases in real time. Virtual attendees can engage directly with speakers and panelists through Q&A and live chat features, and may connect with other attendees in virtual event spaces.

“Our metagraph application layer just released to the public, and this is the perfect time for us to showcase our Hackathon winners, our partners, and our progress. I’m excited for the chance to bring the industry together in this unique format and share ideas and ways we can work together and build together.”- Altif Brown, Constellation co-founder, Head of Community, and conference organizer

To find out more about the event and register, users can visit stardust’s event site at https://stardust-collective.org/HyDef-Conference

About Constellation Network

Constellation Network, founded in 2017, is a Blockchain ecosystem powered by the Hypergraph Transfer Protocol (HGTP), designed to secure, validate, and process data for Web3 applications. HGTP enables seamless and secure Blockchain communication, akin to how HTTP functions for the web. Constellation’s tools support building Blockchain networks for big data, fostering trust and transparency. Validated by the U.S. Department of Defense via the Air Force Research Laboratory (AFRL), Constellation is recognized as a scalable and secure Blockchain solution.

Website: www.constellationnetwork.io

Twitter: https://twitter.com/Conste11ation

Telegram: https://t.me/constellationcommunity

Contact

Constellation co-founder, Head of Community, and conference organizer
Altif Brown
Constellation Network, Inc.
altif@constellationnetwork.io

Coded Estate’s Oversubscribed Angel Round Fuels Launch of Real Estate Hub on Nibiru Chain

Paris, France, October 9th, 2024, Chainwire

Coded Estate has successfully closed an oversubscribed angel funding round with investments from Mozaik Capital, Hyperion Ventures, Black Dragon, Dutch Crypto Investors, and more. In addition, Coded Estate formally announces the launch of its “Pre-Season Mainnet Campaign”, an initiative aimed at bootstrapping the platform with early liquidity and setting the stage for its mainnet release on top of Sai Perpetuals, powered by Nibiru Chain.

“We’re thrilled to close our angel round and to have such esteemed investors on board,” said Co-founder, Didrik Angell. “Our mission is to redefine real estate transactions through the blockchain, making ownership more accessible and fun! Partnering with Nibiru enhances our capabilities, and the pre-season campaign is just the beginning as we prepare to launch a platform that will change how people invest in real estate forever.”

Leveraging Blockchain for Real Estate Innovation

Coded Estate seeks to transform the $280 trillion global real estate market through blockchain technology. Founded by a team of blockchain experts with experience building applications on Solana, Thorchain, and Sei Network, Coded Estate aims to create a Web3 hub for real estate. 

The platform will support on-chain property sales and rentals while offering fractional ownership and enhancing market transparency through the use of dynamic NFTs (dNFTs), hybrid smart contracts, and zero-knowledge proofs (ZKPs). 

“By integrating these technologies, Coded Estate will allow users to invest in fractional ownership of properties, making real estate markets more accessible and efficient. The platform is designed to overcome traditional barriers to property investment and speculation, with a focus on transparency and ease of use,” said Co-founder Didrik Angell.

Strategic Integration with Nibiru

Coded Estate’s strategic move to Nibiru—a blockchain and a smart contract ecosystem with a high-performance, EVM-equivalent execution layer (Nibiru EVM). The Nibiru blockchain is engineered to meet the growing demand for versatile, scalable, and easy-to-use Web3 applications. 

Nibiru EVM, which was released for alpha testing in June 2024, will significantly expand market reach and facilitate seamless integration with the broader cryptocurrency ecosystem. This functionality will also open up Coded Estate and other Wasm-based applications on Nibiru to the vast Ethereum user base. 

Pre-Season Mainnet Campaign to Introduce Early Liquidity

Coded Estate formally announces its Pre-Season Mainnet Campaign, designed to reward platform adopters with exclusive benefits. This campaign marks the culmination of Coded Estate’s journey from concept to execution and invites users to seed the initial liquidity pool and receive exclusive benefits, such as early adopter incentives. The campaign also integrates with Sai, a decentralized perpetual trading platform launching on Nibiru, which will offer RWA (real world asset) perpetual market opportunities for users. 

About Coded Estate

Coded Estate is the premier Real Estate hub of Web 3.0. The platform brings homes on-chain, rentals on-chain whilst transforming fractional ownership and housing market speculation into accessible, efficient and transparent markets leveraging dNFTS, hybrid smart contracts and zero-knowledge proofs (ZKp).

About Sai

Sai is a newly developed perpetual trading application built on Nibiru. Through its integration with Coded Estate, Sai supports enhanced trading and liquidity management solutions, strengthening the overall ecosystem.

For Media Inquiries:

 info@codedestate.com 

Contact

Media
Coded Estate
info@codedestate.com

Zyfi Announces Launch of Community Sale for Whitelisted Users and Public Participants

Lausanne, Vaud, October 9th, 2024, Chainwire

Zyfi has announced the launch of its community sale for whitelisted users and public investors. Zyfi provides the best on-chain experiences, leveraging Paymaster and Intents powered by ZKsync. After successfully completing a $3 million private funding, Zyfi is now nearing its token launch event (TGE) with a final community round to allow early adopters to participate in the Zyfi token journey.

Zyfi has established partnerships with several prominent platforms, including SyncSwap, PancakeSwap, and Koi Finance, to serve as their official paymaster. Zyfi helps them provide the best on-chain experiences, such as gas-free transactions and allowing users to pay gas with any token, whether using EOAs or Smart Wallets.

Zyfi has already processed over 1.5M transactions for more than 200,000 users on ZKsync and has deployed its smart contracts on three other chains: Cronos zkEVM, Abstract (backed by Pudgy Penguins), and PlayFi.

Powered by an API that streamlines protocol complexities, Zyfi’s approach not only simplifies user experiences but also democratizes access, enabling broader on-chain engagement without the hassle of managing ETH for gas.

On October 8, Zyfi revealed a checker to participate in their community sale to purchase their ZFI token. The community sale is divided into two main phases: a Whitelist Phase, offering first access to Zyfi’s partners and community, followed by a Public Phase open to everyone. The Whitelist Phase presents various advantages, such as the opportunity to invest 24 hours before the public sale and receive a 10% cashback in ZK on the investment amount (e.g., $10,000 invested = $1,000 worth in ZK). The Public Phase is open to anyone who believes in Zyfi’s vision of building the best on-chain experiences leveraging Paymasters and Intents, with the same terms as the Whitelist Phase but without the ZK reward.

The checker is now live, allowing users to determine which sale event they can participate in, providing advantages for whitelisted users while giving everyone the opportunity to invest.

The ZFI token is a utility token that can be used to pay gas fees on the Zyfi platform and Zyfi’s integration partners. Holders who choose to pay gas fees with ZFI benefit from a direct 20% discount on the total gas cost, making transactions more cost-effective. Additionally, ZFI is the only way to acquire stZFI, the governance token of the Zyfi DAO. By holding and staking ZFI tokens, users can participate in Zyfi governance, with 30% of the total supply under their control, influencing key decisions such as fee activation, reward allocation, and grant distribution. Stakers will also earn an APY in Zyfi staking points based on their staked amount.

Users can join Zyfi here

About Zyfi

Zyfi is dedicated to enhancing on-chain experiences by utilizing technologies such as Paymaster and Intents. Through these innovations, Zyfi aims to streamline transaction processes and broaden accessibility for users within the digital asset space.

Contact

Founder
Gauthier Vila
Ondefy Labs building Zyfi
gvila@zyfi.org

VanEck Launches $30M Fund to Support Innovation in Fintech, Crypto and AI

New York, NY, USA, October 9th, 2024, Chainwire

VanEck Ventures, a $30 million early-stage fund, focuses on investing in fintech, digital assets, and AI startups in the pre-seed and seed stages. VanEck’s strategic expansion into venture capital reflects its long-standing investment philosophy of identifying transformative opportunities early.

The Fund is available to Qualified Purchasers Only, is subject to significant risk and may not be suitable for all investors. Please carefully read the Private Placement Memorandum before investing.

VanEck, a leading global investment management firm, announces the launch of VanEck Ventures, a $30 million early-stage fund dedicated to investing in visionary founders operating at the intersection of fintech, digital assets, and artificial intelligence. This launch marks VanEck’s strategic expansion into venture capital, building on its long-established record of identifying and supporting transformative markets.      

“From pioneering an approach to gold investing in 1968 to recognizing the disruptive potential of Bitcoin in 2017, embracing a long-term view on transformative opportunities has always been part of our investment philosophy. This fund extends that vision into the early-stage venture space,” said Jan van Eck, CEO of VanEck. “We look forward to supporting founders of what we believe are some of the most disruptive companies in fintech—those building the future of finance.” 

VanEck Ventures invests in category-defining founders pushing the boundaries of financial applications and markets leveraging emerging technologies like blockchain and large language models. The fund’s investment philosophy focuses on supporting exceptional teams building at the application layer while maintaining an infrastructure-agnostic approach. The fund’s core investment themes include tokenized assets, internet native financial marketplaces, and next-generation payments building on stablecoins and tokenized capital markets. 

The fund is led by Wyatt Lonergan and Juan Lopez, both seasoned investors with experience in fintech and crypto ventures. Previously, Lonergan and Lopez headed Circle Ventures, the venture arm of USDC-issuer Circle, where they successfully invested over $50 million in early-stage companies ranging from infrastructure to consumer applications. Their leadership, combined with VanEck’s strong reputation in asset management, positions VanEck Ventures as a valuable partner for emerging innovative startups. VanEck’s global workforce and senior leadership support the fund from an operational and advisory perspective.

“Three inflection points core to our investment thesis are starting to reshape the foundation of the internet: stablecoins emerging as an open-source banking layer, the commoditization of blockspace, and AI breakthroughs. The convergence of these is creating unprecedented opportunities for globally connected, user-centric financial experiences, and we are excited to back founders building on these innovations,” said Wyatt Lonergan, General Partner at VanEck Ventures.

The fund expects to make 25 to 35 investments with check sizes ranging from $500,000 to $1 million, focusing on companies that offer both strategic and financial upside. The fund has already made 4 investments yet to be announced. 

“Over the past few years, we’ve seen stablecoins enable seamless, large-scale value storage and transfer along with Linux-like composability,” said Juan Lopez, General Partner at VanEck Ventures. “As several on-chain utilities, focused on programmability and compliance, come to market with growing regulatory clarity, it’s never been a more exciting time to build. Our goal is to be a long-term partner to bold founders defining the next phase of blockchain utility.”

About VanEck

VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry.

Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of August 31, 2024, VanEck managed approximately $113.9 billion in assets, including mutual funds, ETFs and institutional accounts. The firm’s capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck’s passive strategies.

Since our founding in 1955, putting our clients’ interests first, in all market environments, has been at the heart of the firm’s mission.

General Disclosures

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.

The Fund is available to Qualified Purchasers Only. Please carefully read the Private Placement Memorandum before investing. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. There is no guarantee the Fund will achieve its investment objective and investors may lose their entire investment. The Fund is not suitable for all investors. Past performance is not a guarantee of future results. 

The Partnership’s investment program is speculative and entails substantial risks. There can be no assurance that the Partnership’s investment objective will be achieved.

An investment in the Fund involves a high degree of risk, including, without limitation, uncertain returns, market risk, risks associated with Limited Partner default, indemnification risks, illiquidity, possible lack of diversification, lack of management control, tax risks and potential conflicts of interest. There is no guarantee that the Funds’ investment objectives will be achieved.

VANECK ABSOLUTE RETURN ADVISERS CORPORATION (‘VEARA”), THE INVESTMENT MANAGER OF THE FUND, IS A MEMBER OF NFA AND IS SUBJECT TO NFA’S REGULATORY OVERSIGHT AND EXAMINATIONS. VEARA HAS ENGAGED OR MAY ENGAGE IN UNDERLYING OR SPOT VIRTUAL CURRENCY TRANSACTIONS IN THE FUND. ALTHOUGH NFA HAS JURISDICTION OVER VEARA, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY FOR UNDERLYING OR SPOT MARKET VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS. YOU SHOULD ALSO BE AWARE THAT GIVEN CERTAIN MATERIAL CHARACTERISTICS OF THESE PRODUCTS, INCLUDING LACK OF A CENTRALIZED PRICING SOURCE AND THE OPAQUE NATURE OF THE VIRTUAL CURRENCY MARKET, THERE CURRENTLY IS NO SOUND OR ACCEPTABLE PRACTICE FOR NFA TO ADEQUATELY VERIFY THE OWNERSHIP AND CONTROL OF A VIRTUAL CURRENCY OR THE VALUATION ATTRIBUTED TO A VIRTUAL CURRENCY BY VEARA.

General Digital Asset Risks

Cryptocurrencies and digital assets are not suitable for all investors. Investments in digital assets and Web3 companies are highly speculative and involve a high degree of risk. These risks include, but are not limited to: the technology is new and many of its uses may be untested; intense competition; slow adoption rates and the potential for product obsolescence; volatility and limited liquidity, including but not limited to, inability to liquidate a position; loss or destruction of key(s) to access accounts or the blockchain; reliance on digital wallets; reliance on unregulated markets and exchanges; reliance on the internet; cybersecurity risks; and the lack of regulation and the potential for new laws and regulation that may be difficult to predict. Moreover, the extent to which Web3 companies or digital assets utilize blockchain technology may vary, and it is possible that even widespread adoption of blockchain technology may not result in a material increase in the value of such companies or digital assets.

Digital asset prices are highly volatile, and the value of digital assets, and Web3 companies, can rise or fall dramatically and quickly. If their value goes down, there’s no guarantee that it will rise again. As a result, there is a significant risk of loss of your entire principal investment.

Digital assets are not generally backed or supported by any government or central bank and are not covered by FDIC or SIPC insurance. Accounts at digital asset custodians and exchanges are not protected by SPIC and are not FDIC insured. Furthermore, markets and exchanges for digital assets are not regulated with the same controls or customer protections available in traditional equity, option, futures, or foreign exchange investing.

 Digital assets include, but are not limited to, cryptocurrencies, tokens, NFTs, assets stored or created using blockchain technology, and other Web3 products.

 Web3 Companies include but are not limited to, companies that involve the development, innovation, and/or utilization of blockchain, digital assets, or crypto technologies.

© Van Eck Associates Corporation

©️ Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation

666 Third Avenue, New York, NY 10017

Phone: 800.826.2333

Email: info@vaneck.com

Contact

Director of Public Relations
Garret Shaw
Serotonin
garret@serotonin.co

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