Panama City, Panama, December 12th, 2024, Chainwire
PoSciDonDAO, an emerging organization in the Decentralized Science (DeSci) domain, has announced the launch of a decentralized autonomous organization (DAO) dedicated to funding personalized medicine research. Leveraging blockchain technology, PoSciDonDAO aims to improve efficiencies and transparency in research funding while enabling global collaboration to address life-altering diseases such as cancer, multiple sclerosis, and Alzheimer’s disease.
A Vision for Advancing Patient Care
Personalized medicine, which tailors treatments to patients based on genetic and molecular profiles, offers a path toward more effective therapies and better patient outcomes. This field has been hindered by limited funding and systemic inefficiencies. PoSciDonDAO’s mission is to address these challenges by providing resources to explore novel approaches such as viro-immunotherapies and gene and cell therapies.
By funding early-stage, pre-patented research, PoSciDonDAO seeks to drive innovation from academic labs to commercial viability. This initiative is designed to improve healthcare outcomes for patients worldwide by advancing patient-tailored therapies and making innovative treatments more accessible.
Empowering Community Governance
PoSciDonDAO introduces incentive models to foster long-term engagement among scientists, innovators, and DeSci enthusiasts. Its governance framework enables community members to actively participate in DAO operations and funding decisions, ensuring resources are allocated to projects aligned with the shared goal of advancing personalized medicine.
Building Partnerships in Decentralized Science
Since its inception, PoSciDonDAO has been an active participant in Decentralized Science discussions and collaborations. Notably, it engages with other DeSci initiatives such as the Health Data Alliance, which includes projects like AxonDAO, DataLake, and Hippocrat, underscoring its commitment to advancing the DeSci movement. More partnerships and collaborations will be announced in the near future.
About PoSciDonDAO
By combining blockchain technology with scientific innovation, PoSciDonDAO is establishing a collaborative platform for research in personalized medicine. This approach aims to accelerate discoveries and democratize access to resulting treatments, benefiting patients and healthcare systems globally. The PoSciDonDAO team includes experts in virology, immunology, oncology, epidemiology, and Web3. With in-house expertise and contributions from its community members, the DAO can identify which projects have the most potential to impact the personalized medicine field.
The PoSciDonDAO token (SCI) is central to the DAO’s governance model, allowing community members to participate in decision-making processes. This decentralized and transparent mechanism ensures resources are directed toward impactful research projects.
For more information about PoSciDonDAO, users can visit the official PoSciDonDAO website.
Joining the Community
PoSciDonDAO offers scientists, innovators, and DeSci enthusiasts to become part of this transformative initiative. By advancing research in personalized medicine, PoSciDonDAO aims to contribute to improved therapies and better outcomes for patients worldwide.
Twitter/X | Telegram | Discord
Disclaimer
The information provided herein is for informational or educational purposes only and does not constitute financial, legal, or tax advice. Any purchase, sale, or other transaction related to SCI tokens is undertaken at the sole discretion and risk of the participant. PoSciDonDAO does not assume responsibility for any loss, damages, or other consequences arising out of such transactions.
The SCI token is not and shall not be offered or sold to persons in the United States or individuals/entities on OFAC sanctioned lists. Further, this release does not constitute an offer to sell or a solicitation of an offer to buy any securities or financial instruments in any jurisdiction. Participants are strongly encouraged to conduct their own due diligence and seek independent advice from qualified legal, tax, or financial advisors before engaging with SCI tokens, blockchain technology, and digital assets generally. Participation in any token-related activities is subject to compliance with applicable laws, regulations, reporting, and eligibility requirements, including KYC/AML processes. PoSciDonDAO makes no guarantees or promises regarding the future performance, value, or regulatory compliance of the SCI tokens.
Contact
Marketing Representative
Ayat Abourashed
PoSciDonDAO Foundation
ayat@poscidon.com
Dubai, United Arab Emirates, December 12th, 2024, Chainwire
xHaven, the leading digital collectibles marketplace and blockchain infrastructure provider on Flare, is thrilled to announce the launch of its native governance token, XVN. Available now on Sparkdex, a leading decentralized exchange on Flare, this milestone signifies xHaven’s evolution from a marketplace into an expansive Web3 ecosystem, empowering users with new utility and rewards.
XVN: Powering the Future of xHaven
The launch of the XVN token is a pivotal step in xHaven’s journey to broaden its horizons, offering enhanced services and a seamless user experience across its platform.
Unlocking Exclusive Utility and Rewards
XVN unlocks possibilities within the xHaven platform, offering benefits such as:
- Exclusive Discounts on Trading Fees: Lower costs to encourage more trading activity.
- Platform Rewards: Earning XVN from a dedicated reward pool for every transaction made on the platform, rewarding both buyers and sellers.
- Marketplace Rewards: Earning voting power from marketplace activity, distributed to XVN stakers through the Governance Token Distribution Mechanism.
- Incentives for Liquidity Provision: Rewards for providing liquidity on Automated Market Makers (AMMs).
- Simple Staking Rewards: Yields for staking XVN, in order to promote long-term holding.
- Governance Participation: Having a say in the platform’s future development and decisions.
Strengthening Liquidity Through Strategic Alliances
To ensure a robust and sustainable ecosystem, xHaven has forged key partnerships with industry leaders Ichi and Sparkdex.
Ichi
xHaven leverages Ichi’s innovative single-token deposit vaults to simplify liquidity provision to a more stake-like experience. These vaults enable single-token deposits into ICHI Vaults via Sparkdex, eliminating the need for both tokens to be deposited into the liquidity pool. This simplified approach to liquidity management enhances price stability, and yield opportunities, and supports xHaven’s ecosystem growth.
SparkDEX
Using SparkDEX V3.1 DEX platform, xHaven is launching liquidity pools that empower users by concentrating assets in designated price ranges. This reduces the risk of Impermanent Loss (IL).
Empowering the xHaven Community
This launch is about the celebration of the vibrant xHaven community. Since its inception in 2021, xHaven (formerly Sparkles) aimed to become a trusted platform for NFT infrastructure on Songbird and Flare. The XVN token reflects this growth, fostering active community participation and enabling users to shape the platform’s future.
About xHaven
xHaven is a leader in the digital collectibles industry on the Flare network. Dedicated to expanding the possibilities within Web3, xHaven offers a comprehensive suite of tools and services to empower its users. For more information, users can visit https://xhaven.io.
About Ichi
ICHI is a non-custodial, automated protocol that optimizes capital efficiency in decentralized finance (DeFi). By utilizing single-sided concentrated liquidity pools, Ichi simplifies liquidity provision for users across various AMMs, making DeFi accessible and efficient. For more information, users can visit https://docs.ichi.org/home.
About Sparkdex
SparkDEX is the first AI-powered Super dApp on the Flare Network, offering a seamless DeFi experience through innovative derivatives and cutting-edge user experience. Powered by AI, SparkDEX is poised to become the premier gateway for Flare-based trading, being the first to launch Perpetuals on Flare Network. For more information: https://sparkdex.ai.
Contact
Marketing Team
xHaven
admin@xhaven.io
Florida, USA, December 12th, 2024, Chainwire
Karrier One, a decentralized physical infrastructure network (DePIN) built on the Sui Network, is excited to announce the worldwide launch of its innovative WiFi Hotspot devices. These devices empower individuals to contribute to a decentralized connectivity ecosystem, providing WiFi offloading services to various carriers and earning KONE tokens in return.
This development signifies a significant advancement in decentralized networks, seamlessly integrating Web3 technology with practical, real-world applications.
Unlocking the Potential of WiFi Offloading
As global internet usage continues to surge, traditional networks face increasing pressure from high traffic volumes. Karrier One addresses this challenge by introducing a decentralized WiFi offloading network powered by user-owned hotspot devices. These devices enable participants to offload data traffic from conventional carriers to the Karrier One Network, enhancing efficiency and reducing costs for all involved parties.
The network operates on a straightforward principle: device owners provide WiFi connectivity to mobile carriers and other entities requiring offloading solutions, earning KONE tokens in exchange. This decentralized infrastructure fosters an ecosystem where anyone, anywhere, can participate and reap rewards while contributing to a more efficient internet.
Strategic Partnership with Sui Network
Karrier One’s collaboration with Sui is pivotal to its mission, in addition to enabling the deployment of SCION Services, Walrus Nodes, and Validator Nodes on the Sui blockchain, now Karrier One will enable WiFi Hotspots to the Sui ecosystem. This partnership highlights the shared vision of leveraging cutting-edge blockchain technology for enhanced network functionality and scalability.
“At a time when traditional telecom providers are struggling to keep pace with growing demand, KarrierOne is leveraging Sui’s technology to add much-needed capacity and expand access to underserved areas,” said Jameel Khalfan, Head of Ecosystem Development for Sui Foundation. “Most importantly, with the launch and distribution of KarrierOne’s WiFi hotspot devices, those benefiting from the added coverage will also be able to participate and earn from their contributions.”
Empowering a Decentralized Future
Karrier One’s vision centers on democratizing access to connectivity. The introduction of WiFi Hotspot devices offers individuals an unprecedented opportunity to contribute to a decentralized internet infrastructure while earning token rewards as a result. This aligns with the broader objectives of Web3 by redistributing value and control from centralized entities to the community.
Samer Bishay, Co-Founder and CEO of Karrier One, stated, “By participating in the Karrier One Network, users not only unlock the ability to earn tokens but also play a pivotal role in revolutionizing global connectivity.”
About Karrier One
Karrier One is the first carrier-grade decentralized mobile network that connects smartphones and users seamlessly and anonymously using the Sui blockchain. Karrier One is the only network of its kind to power Micro Networks or Mobile Independent Network Operators agnostic of any frequency or spectrum limitations.
About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences. For more information about Sui, users can visit https://sui.io.
Contact
Chief Strategy Officer
Nahid Masad
Karrier One
pr@karrier.one
416 900 0010
Grand Cayman, Cayman Islands, December 12th, 2024, Chainwire
Demos fully private and decentralized AI chat app with performance on par with ChatGPT and Perplexity AI
Sui, the Layer 1 blockchain that delivers unparalleled scalability and speed, and Atoma Network, a next generation decentralized AI engine, today announced that Atoma’s fully decentralized AI layer, first announced earlier this year, is live on Sui’s Mainnet. The team also offered reporters a first glimpse into the potential of decentralized AI with a decentralized AI Chat app (code named “Utopia”) built on Sui that enables users to have full ownership of their private data while still providing a user experience on par with centralized alternatives.
With its integration currently live in its alpha version on Sui’s Mainnet, Atoma is actively expanding its decentralized ecosystem with new nodes and application builders. For these developers, building on Atoma is an easy transition because Atoma’s API endpoints are directly analogous to those provided by the OpenAI API, which many of them are already familiar with. Then, with Atoma, they can create personalized applications like chatbots connected to social media, finances, or health applications that still maintain individuals’ control over their data.
One of the unique strengths of Atoma’s structure is that all of its AI processing occurs in secure areas within a processor — called Trusted Execution Environments, or TEEs. As a result, AI computations are isolated from the rest of the system and AI inputs and outputs are fully private and beyond access by AI companies. Unlike centralized AI applications like ChatGPT, Claude, or Perplexity, where the companies that created the technology can associate inputs with individual accounts, Atoma protects users with complete privacy and censorship resistance. At the same time, by leveraging one of the world’s fastest blockchains, Atoma can offer a user experience with speed and efficiency on par with the centralized versions.
While the AI chat app Atoma created as an initial demonstration represents one application of its technology, Atoma’s infrastructure empowers developers to create private AI agents that perform a multitude of tasks while protecting individual user data. Because the private AI agents on Atoma can access and process personal information without exposing user data, they are ideal for applications that require personalization and confidentiality.
For example, Atoma-powered decentralized AI can:
In DeFi:
- Manage portfolios, balance assets, and mitigate risks automatically.
- Execute trading strategies in real-time on market conditions.
- Interact securely with smart contracts for yield farming, lending, and staking.
In Social Media:
- Automate content moderation, curation, and community management.
- Deliver personalized recommendations for content, connections, and ads.
- Verify interactions and maintain user privacy.
Private AI agents can also provide significant value across areas like personal assistants, shopping, gaming, and decentralized science (DeSci).
Atoma leverages Sui-related technology platforms to provide its best-in-class service. Atoma relies on the Sui blockchain for settlement, managing payments, and validating transactions, building on Sui’s industry-leading sub-second transaction finality, support for high volumes, and predictable, low-cost transactions. Atoma also integrates Walrus, a decentralized storage solution built on Sui for fast, secure access to private data. This integration ensures that sensitive information is securely stored and easily accessible, supporting AI models in retrieving external data for context-rich insights. By automatically managing data retrieval during long interactions, Walrus enhances memory, contextual understanding, and workflow efficiency, enabling more accurate AI responses.
“Decentralized AI requires a blockchain with high degrees of scalability, lightning fast transaction speeds, and low, predictable transaction costs and on these metrics, Sui and Walrus really shine,” said Jorge Antonio, CTO and Co-founder at Atoma. “Sui and Walrus offer a combination of performance, cost effectiveness, reliability, and ease of integration that is unique in our industry and we are thrilled to build on the foundation they provide.”
“AI technology is advancing at an unprecedented pace, transforming industries and reshaping how we interact with the world. As adoption accelerates, decentralized and scalable solutions will be critical to safeguarding user control over personal information,” said Jameel Khalfan, Head of Ecosystem Development at the Sui Foundation. “Atoma’s work, built on the highly scalable platforms of Sui and Walrus, ensures that users can leverage the transformative power of AI without compromising the security and privacy of their data.”
Contact
Sui Foundation
media@sui.io
Dubai, United Arab Emirates, December 12th, 2024, Chainwire
Quintes Protocol is set to redefine decentralized finance (DeFi) with its innovative no-depreciation cryptocurrency model. Now protected by a newly-secured Patent Cooperation Treaty (PCT) PCT/IB2024/061188 from the World Intellectual Property Organization (WIPO), this groundbreaking protocol offers a unique approach to perpetual asset growth, ensuring long-term value stability and positioning itself as a global disruptive force in the evolving cryptocurrency market.
Rand Al Kharashi, a visionary young Saudi entrepreneur, aims to redefine the world of DeFi. By securing a WIPO PCT for the proprietary technology behind Quintes Protocol, she has reaffirmed her mission to upend the cryptocurrency market with the world’s first perpetually appreciating asset, offering a groundbreaking model for predictable and sustainable annual price growth.”
“This is more than a milestone for Quintes Protocol – it’s an affirmation that exceptional and continued value can be created in the crypto field,” said Rand Al Kharashi, Founder and Inventor of Quintes. “Quintes is the world’s first crypto asset that is engineered for continued high price growth. Backed intensive research, verifications, and the knowledge of renowned token engineers and researchers from leading blockchain companies, Quintes has just one destination: to pioneer the future of DeFi with unmatched growth, blazing the way for an exciting new world of cryptocurrency value.”
QNT: A Revolutionary Leap in DeFi
The Quintes Protocol is set to revolutionize the market with its groundbreaking cryptonomics. By employing innovative mechanisms, it reimagines financial instruments, offering a compelling alternative to equities, commodities, and digital assets. This transformative approach positions the protocol to deliver competitive performance while challenging the status quo of traditional financial systems.
Quintes introduces QNT, the first token designed to consistently appreciate in value, addressing challenges like unsustainable yields and asset depreciation. By leveraging an innovative over-collateralization strategy, novel cryptonomics, and AI-driven high-frequency trading, QNT ensures predictable price growth, combining scalability with long-term sustainability.
“We’ve seen the potential for cryptocurrencies to achieve great returns for investors, but that growth is fickle. Growth bubbles occur, burst suddenly and unexpectedly, and the value is often lost. It may be possible for an asset to rebuild to match or even exceed its previous high, but there’s always an element of risk.” Said Rand Al Kharashi, Founder and Inventor of Quintes. “The value of existing crypto, and even more traditional investment assets, is never guaranteed. That is what inspired the creation of Quintes and the concept of perpetual growth, based on predictable collateral value appreciation.”
Why the PCT Patent Matters
The decision to file for a WIPO PCT patent underscores Al Kharashi’s commitment to protecting Quintes’ pioneering engineering on a global scale. This strategic move ensures that Quintes’ innovative protocol is safeguarded as it seeks patent protection in numerous countries, providing a robust foundation for its international expansion, future success and eventual preparation to become open source.
Backed by Elite Research and Talent
The development and engineering of Quintes Protocol is grounded in rigorous research conducted by Kitabq Research Lab, which was founded by Al Kharashi. Over two years, Kitabq’s cryptonomics research has been instrumental in shaping Quintes’ architecture and mechanisms. More details on its cutting-edge research can be explored at Kitabq’s official website, www.kitabq.com.
Quintes’ technical team is a powerhouse of talent, featuring elite token engineers and data scientists from industry giants like ConsenSys, Binance, Algorand, and Morgan Stanley. Collectively, this team has raised over $600 million in capital and achieved successful exits in both Web3 and Web2 domains.
Anticipated Launch and Investment Opportunities
Scheduled for an official launch in January 2025, the Quintes Protocol aims to introduce its innovative DeFi platform to the market, offering stakeholders a novel approach to sustainable digital asset growth. A recent simulation test revealed Quintes’ positive performance even in bearish market conditions, highlighting its resilience and potential. As Quintes gears up for its groundbreaking debut, the team is actively seeking investment to drive its vision forward.
About Quintes Protocol
Quintes Protocol is a groundbreaking decentralised finance (DeFi) platform that aims to revolutionise the world of digital assets and financial transactions. Founded by visionary Saudi entrepreneur, Rand Al Kharashi, Quintes leverages cutting-edge cryptonomics to deliver predictable and sustainable annual price growth, outpacing traditional and crypto asset classes. The patented technology behind Quintes’ novel, high-yield and fully collateralized digital asset, QNT, is secured by a World Intellectual Property Organization (WIPO) Patent Cooperation Treaty (PCT), representing a major leap forward in the DeFi space. The development of Quintes Protocol has been supported by extensive research from Kitabq Research Lab, led by Al Kharashi.
For more information:
• Users can visit Quintes’ official website, www.quintes.org.
• Twitter: @Quintesorg
Contact
Head of PR
Yousef Batter
White Label Strategy
yousef.batter@whitelabelstrategy.io
Cayman Islands, George Town, December 12th, 2024, Chainwire
KAST, a financial technology platform built on stablecoins to deliver a neobank-style experience, has raised US$10 million in seed funding. The round is led by HSG (HongShan Capital Group) and Peak XV Partners. A number of high-profile angels, partners of DST Global, and Goodwater Capital also joined the round.
“For most countries and over half of global GDP, banking does not match the openness and speed of the Internet, it’s fundamentally broken. Stablecoins are the clear solution, but the user experience wasn’t great. We are building KAST to change this”, adds Raagulan Pathy, KAST’s Co-Founder. Pathy is a stablecoin expert, formerly the VP for Asia Pacific & CEO for Singapore at Circle, best known for USDC.
KAST offers payment cards and USD-denominated accounts to people in over 150 countries, the ability to receive and send cash, and working with partners such as Bridge (recently acquired by Stripe). KAST will soon launch savings and other remittance products — all without the need to touch fiat directly. The maturing of stablecoin regulation and acceptance has led to rapid integration with traditional finance networks, enabling users to send money faster, cheaper, and more securely. KAST highlighted use cases such as holding USD stablecoins as an alternative to volatile currencies, enabling people to buy imports and travel with a card, and allowing remote workers globally to get paid.
“The next generation of neobanks will be built on stablecoins and inherently global by DNA. They will differ fundamentally from the current generation of neobanks, which are limited in countries due to licensing, and struggle in integrating blockchain; their core systems and capabilities are just too different,” comments Daniel Bertoli, co-founder of KAST and former Partner at Quona Capital, a global FinTech fund that focuses on investments in neobanks.
KAST has completed a $10 million seed funding round at an undisclosed valuation. Within its first four months, the company has demonstrated strong early traction in terms of user adoption and revenue. The team views this as a reflection of significant global interest in its platform.
Stablecoins have experienced remarkable growth with over US$170 billion in supply, and US$8.5 trillion transaction volume in Q2 2024 by over 125 million users. Analysts predict by 2030; user numbers will exceed 1 billion and supply will surpass US$1 trillion.
“KAST delivers real benefits to global users. Their USD-denominated accounts provide a safe haven for hard-earned income when local currencies decline, especially for those without access to traditional US accounts. As more digital nomads receive salaries in stablecoins, they can now bypass the hassle of legacy rails. International transfers that once took weeks can now be completed instantly and at virtually no cost,” said Alex Svanevik (CEO/co-founder of Nansen.ai, an early investor in KAST).
Users can visit the KAST website to learn more about KAST and discover how their innovative offerings can transform financial experience.
Testimonials from card users
“I spent two weeks at the bank trying to open a simple savings account. They asked for more than 10 documents (~100 papers) and had to sign and stamp each of them. And I opened a crypto card @KAST_official in literally 2min. Why would anyone go after traditional cards anymore? If i don’t need my bank statements for embassies, I would always use crypto cards like @KAST_official” – Mardeni (Twitter)
“One tap to solve all my issues. That’s all it took when I got my KAST card. Here’s a quick recap, I’ve been traveling a lot lately, and exchanging money has always been a hassle. You usually end up losing 5-8% in the process by the time the cash is in your hand. A friend of mine sent me a link and said, “Give this a try!” Fast forward two months, and I’ve been tapping away quite a lot. Thanks to @KAST_official … I’ve used it across five countries over the last couple of months without any issues. It’s made international spending and crypto usage incredibly simple” – Alpha Bets (Twitter)
“I just used my @KAST_official card to pay for my project’s domain name and it worked seamlessly all I had to do was fund it with Solana USDC, this is actually a game changer for me and any other thing I’ll want to do with it” – Alex (Twitter)
About KAST
KAST is transforming the financial-technology landscape, by offering a seamless blend of stablecoin technology with traditional payment means. The KAST platform enables USD accounts globally to 150+ countries, reaching over 5 billion people – offering a solution where banking falls short. The silky-smooth user experience is taking mainstream the openness, speed and security of stablecoins; KAST enables users to send, receive, save, and spend funds across borders efficiently. For more information, users can visit www.kast.xyz.
Contact
VP Global Partnerships
Bas
KAST
Bas@kast.xyz
Grand Cayman, Cayman Islands, December 11th, 2024, Chainwire
Backpack integrates Sui, delivering unmatched speed and scalability to a global audience.
Backpack, a leading exchange and wallet known for its seamless user experience and versatility across multiple asset classes, will integrate with Sui, the Layer 1 blockchain delivering unparalleled scalability and speed.
Backpack Exchange currently serves users from more than 150 countries with $60 billion trading volume since launch a year ago. This partnership between Sui and the Backpack team will create a multitude of integration and listing opportunities for projects on Sui while enhancing user experience for both platforms.
Backpack wallet is designed for intuitive management, secure storage, and seamless trading of digital assets such as Solana, Ethereum, and soon Sui. The integration of Backpack wallet will provide Sui users with a reliable and secure wallet solution available as mobile apps for iOS and Android as well as a browser extension for Chrome.
“By integrating the top tier user experiences of Backpack’s fully regulated exchange and non-custodial wallet, Sui is taking a huge step forward in what it delivers to its entire ecosystem of builders, users and enthusiasts,” said Jameel Khalfan, Global Head of Ecosystem at the Sui Foundation. “We are extremely excited to work with the Backpack team to broaden the user experience on Sui and bring all of the platform’s popular features to the Sui community.”
For Sui, Backpack brings a proven platform that simplifies asset management and trading and enables Sui ecosystem participants to engage on the network via Backpack’s credible, trusted infrastructure. For Backpack, integrating the Sui network is a significant step toward broadening the impact of the platforms it has built — expanding its burgeoning audience of users even further to include millions of Sui enthusiasts while at the same time leaning into a multichain future.
“Integrating Sui enables our users to access its rapidly growing ecosystem and opens up new possibilities for Sui developers, projects, and traders,” said Armani Ferrante, CEO and Founder of Backpack.
Contact
Sui Foundation
media@sui.io
Tokyo, Japan, December 11th, 2024, Chainwire
Introduction
Parex Network, as a Layer 1 blockchain, continues to take significant steps toward making user-friendly Web3 experiences accessible to a broader audience. Recent developments have enhanced the network’s visibility, reliability, and overall usability, thereby contributing to the growth of the Parex ecosystem.
CMC Verification: Enhancing Transparency and Accessibility
Parex Network has completed the official verification process on CoinMarketCap (CMC), one of the most trusted platforms in the cryptocurrency market. Recognized for its importance in reliability and accessibility, CMC is used by millions of users worldwide to track and analyze digital assets.
The CMC verification ensures that accurate, transparent information about the PRX token is readily available to everyone. Users and interested parties can easily access PRX-related data, review it, and verify its accuracy. This development reinforces Parex Network’s commitment to transparency and credibility.
In addition, this verification expands Parex Network’s reach, making PRX tokens more easily trackable, analyzable, and understandable on a global scale. As a result, both the existing community and potential investors can gain clearer insights into the project.
PEP20 Integration: Ease of Use and Broader Accessibility
Parex Network’s PEP20 network is now active on the MEXC exchange. This integration makes PRX token transactions faster and more cost-effective, streamlining deposit and withdrawal processes for users. By prioritizing user experience, this initiative aims to increase participation within the Parex ecosystem.
The integration of the PEP20 network with MEXC enhances the usability and recognition of Parex Network’s Layer 1 blockchain infrastructure. This collaboration enables users to access PRX token transactions through a globally recognized platform, introducing Parex’s technology to a wider audience.
RaccoonSwap: Parex Network’s Own Decentralized Exchange
In line with its goal of strengthening the ecosystem, Parex Network is developing its decentralized exchange (DEX) platform, RaccoonSwap. By doing so, users can engage in PRX-based trading pairs directly within the Parex ecosystem, without relying on external platforms. RaccoonSwap aims to provide a secure, fast, and user-friendly trading environment.
Through RaccoonSwap, users will be able to easily conduct PRX-focused token swaps and benefit from various pools, all within the ecosystem. This approach encourages a more seamless flow of value within Parex Network, bolsters its position in the DeFi space, and reduces unnecessary complexity for users. RaccoonSwap ultimately aspires to deliver an integrated DEX experience that leverages Parex Network’s internal dynamics.
About Parex Network
Parex Network is a Layer 1 blockchain network designed to deliver user-friendly decentralized finance (DeFi) solutions. With its Ethereum Virtual Machine (EVM) compatibility, Parex provides developers with a familiar environment to build on, creating a robust foundation for Web3 applications. Supported by its native token, PRX, Parex powers critical network functionalities, from transactions to governance.
For more information, users can visit Parex Network’s official docs (https://docs.parex.network/) and explore their official links (https://links.parex.network).
Contact
CEO
Noda Osam
Parex Network
data@parex.network
Palo Alto, United States, December 11th, 2024, Chainwire
UAE Offers Gateway to Innovative, High-Growth Developers, Institutions and Investors
Aptos Foundation, a global blockchain leader dedicated to supporting the development of the Aptos ecosystem and Web3 worldwide, is proud to announce it will be opening a new office in ADGM, Abu Dhabi’s leading international financial centre. This strategic expansion marks a significant milestone in Aptos Foundation’s mission to build a robust global blockchain ecosystem.
The Abu Dhabi office will serve as a hub for Aptos Foundation’s activities in the region, focusing on fostering partnerships and supporting projects designed to grow the Aptos ecosystem.
The decision to establish a presence in Abu Dhabi reflects the UAE’s position as one of the most forward-thinking markets globally when it comes to blockchain and Web3 adoption. The UAE has cultivated an environment that attracts visionary institutions and builders, supported by government policies that actively promote Web3 initiatives. By setting up operations in ADGM, Aptos Foundation will engage directly with these forward-thinking builders and institutions, creating new opportunities to collaborate and expand the Aptos ecosystem.
“The UAE is leaning hard into Web3, and that has made the region—and Abu Dhabi specifically—a clear leader in blockchain worldwide,” said Bashar Lazaar, Head of Growth and Ecosystems at Aptos Foundation. “We want to be at the forefront of that movement and help it grow as quickly as possible. This opening provides a unique opportunity for our team to learn from and connect on the ground with cutting-edge builders, institutions, and investors pushing the boundaries every day.”
“We are excited to welcome Aptos Foundation to ADGM,” said Arvind Ramamurthy, Chief Market Development Officer at ADGM. “Their decision to establish their first foreign office here highlights the UAE’s leadership in fostering innovation and advancing blockchain technologies. ADGM’s ecosystem is designed to support cutting-edge companies like Aptos Foundation as they collaborate with visionary developers, institutions, and investors to shape the future of Web3. We look forward to the contributions they will make to our vibrant community and the broader region.”
This expansion is a continuation of Aptos Foundation’s commitment to working with local stakeholders and playing an active role in accelerating blockchain adoption across the region.
About Aptos Foundation
Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. For more information about Aptos Foundation and its initiatives, users can visit: www.aptosfoundation.org
Contact
Communications Lead
Hannah Noyes
Aptos Labs
hannah@aptoslabs.com
London, united kingdom, December 10th, 2024, Chainwire
Pepeto: A Pioneering Platform for Memecoin Development and Adoption
Pepeto is carving its niche in the cryptocurrency landscape by blending an engaging narrative with practical utility. Inspired by the concept of six iconic documents—P, E, P, E, T, and O—the project has built a strong following, with active engagement across its social media platforms. Beyond its story, Pepeto is positioned as a central hub for frog-themed and memecoin projects. With features enabling seamless trading, bridging, and token listing, the platform aims to support the next wave of innovative projects anticipated in the upcoming market cycle.
Dynamic Staking Rewards System: Pepeto APY Now at 709%
Pepeto’s staking program offers competitive rewards, with the current annual percentage yield (APY) at 709%. This rate reflects the dynamic nature of the system, which adjusts rewards based on the number of participants staking $PEPETO tokens. While the rate has decreased with increased participation, it remains competitive, demonstrating the platform’s commitment to incentivizing early adopters.
Engineered for Security, Transparency, and Industry Leadership
Pepeto’s zero-fee exchange is built to set a new benchmark in how memecoins are traded and adopted. By offering a streamlined platform, the exchange allows token holders to list their projects with ease via a straightforward submission process on the official website. This initiative supports the growth of emerging tokens, offering them a platform to thrive. With an emphasis on accessibility, innovation, and value, Pepeto’s exchange plays a pivotal role in enabling visibility and liquidity for memecoin projects, positioning itself as a vital component of the anticipated 2025 memecoin market surge.
What sets Pepeto apart is not just its narrative or staking rewards but its foundation of robust industry practices. Built on the Ethereum blockchain, the project features carefully designed tokenomics, competitive staking incentives, and a long-term growth strategy. This meticulous approach highlights Pepeto’s commitment to fostering sustainability and supporting a thriving ecosystem.
https://www.youtube.com/watch?v=qXZWPZDkScw
Pepeto’s commitment to security and transparency is evident, having successfully passed rigorous audits by SolidProof and Coinsult. These checks ensure the project offers top-tier security and includes safeguards against potential risks like rug-pulls. Additionally, Pepeto’s tokenomics are thoughtfully structured to balance supply, enhance market liquidity, and allocate 30% of $PEPETO tokens for staking rewards after its official launch, solidifying its position as a sustainable and investor-focused project.
PepetoSwap: Advancing Cross-Chain Token Interoperability
Pepeto is preparing to introduce PepetoSwap, a utility designed to facilitate token interoperability across blockchains. This platform includes a bridge for cross-chain token swaps and an exchange that supports a broad range of tokens. By enabling seamless transactions and fostering accessibility, PepetoSwap aims to provide practical tools for users and token projects in the growing crypto ecosystem.
The bridge utilizes advanced technology to lock tokens on one blockchain and mint equivalent wrapped tokens on another, enabling interoperability while maintaining security. Meanwhile, the Pepeto exchange empowers token owners to list their projects directly via the bridge section of the official website, fostering a collaborative and expansive ecosystem for memecoins and other tokens alike.
About Pepeto
Pepeto is a memecoin project designed to integrate cross-chain utility with community-driven development. Offering zero-fee trading, blockchain bridge functionality, and a staking rewards program, Pepeto seeks to combine accessibility with practical features. The project emphasizes interoperability and long-term value, fostering a dedicated user base through its ecosystem innovations and community-focused approach.
Disclaimer
The official website for Pepeto is https://pepeto.io/ Be cautious of fraudulent websites attempting to exploit the project’s growing buzz. Always use the official platform.
To learn more about Pepeto’s progress and upcoming features, users can visit https://pepeto.io/
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
Pepeto team
contact@pepeto.io