Frankfurt, Germany, November 20th, 2024, Chainwire
KYVE is entering its expansion era, introducing an enhanced web app packed with new features and collaborations to support users and unlock multi-network potential. From experienced developers to crypto newcomers, the platform aims to make it easier for users to jump in, contribute, and benefit as part of KYVE’s mission to make blockchain data accessible to all.
The latest updates are meant to make it easier for users of all levels to engage with KYVE’s ecosystem, fostering cross-network collaboration and data support across diverse blockchain platforms.
What’s New?
- Staking and Participation in KYVE’s Network: The KYVE web app now features an in-app guide designed to facilitate staking of $KYVE. Participants may receive rewards in $KYVE as well as in other tokens integrated into the KYVE protocol. This feature supports a diverse range of opportunities for stakers and validators, contributing to broader participation in the KYVE ecosystem.
- What is backing this? KYVE’s multi-coin funding feature and Public Goods Funding Program already partnered with SOURCE Protocol, Andromeda, a dYdX grant, Lava Network, and others to come.
“We’re proud to support KYVE Network in permanently archiving all historical dYdX data and further streamlining data accessibility for ecosystem participants!” – dYdX Grants on X.
- Testing with Mainnet Faucets: KYVE’s newly introduced faucets allow users to test the platform’s features in a low-commitment environment. Whether they’re exploring staking or running a validator, these faucets are designed to make it easier for new users to experiment and get comfortable before fully committing.
- One-Stop Access with Kado and Skip: Integrated directly into the KYVE web app, Kado and Skip simplify the process of swapping or purchasing $KYVE, removing entry barriers and making it easier for users to start participating in KYVE’s network.
What This Means for Users
With these new features, KYVE is unlocking a wide range of opportunities for users to support the future of blockchain data scalability while earning rewards across multiple networks. The updated web app is designed to accommodate both experienced blockchain developers and newcomers, KYVE’s new web app enhancements are designed to support contributions to the platform’s mission of preserving historical chain data while providing value to participants.
As KYVE expands its solutions to more ecosystems, the focus remains on providing streamlined access, empowering users to play an active role in supporting blockchain scalability and data preservation. KYVE is dedicated to ensuring that all blockchains receive the data support they need to thrive and that all types of users can take part in this mission.
About KYVE
KYVE Network is a decentralized data management solution that provides specialized tools for data archiving, validating, and accessing blockchain data. KYVE’s protocol ensures that only accurate historical data from a blockchain is made immutable and easily accessible for all.
As a result, KYVE allows other chains to decentralize their historical data and overall data accessibility management and provides essential tooling to access this data, enabling enhanced scalability of chains and ecosystem development.
KYVE is one of the most supported blockchains in the space, backed by Arweave, Ava Labs, Solana Foundation, Interchain Foundation, Moonbeam, TheGraph, Parity Technologies, Composable Finance, Zilliqa, Mina Foundation, Aurora, and NEAR Foundation. As well as VCs such as Hypersphere Ventures, Coinbase Ventures, Distributed Global, Mechanism Capital, CMS Holdings, IOSG Ventures, and others.
Contact
Head of Marketing
Margaux Stancil
KYVE
margaux@kyve.network
Ramat Gan, Israel, November 20th, 2024, Chainwire
UpVsDown.com Prediction Platform Leads the Way as PlayBlock Takes Center Stage in the Blockchain World
Playnance proudly announces the official listing of its groundbreaking blockchain, PlayBlock, on DappRadar, the premier tracking platform for decentralized applications (dApps). Just weeks after its launch, PlayBlock has achieved the remarkable milestone of being ranked #8 globally in daily transactions and daily turnover, solidifying its position as one of the most dynamic blockchains in the world.
From Polygon Powerhouse to Global Contender
PlayBlock’s success reflects a seamless transition from operating on the Polygon blockchain—where it contributed an extraordinary 15% of Polygon’s daily transactions—to establishing itself as an independent Layer-3 blockchain. Now, PlayBlock is driving unparalleled growth:
- Top-Tier Performance: With its listing on DappRadar, PlayBlock is recognized as a global leader, surpassing hundreds of established blockchains in both activity and volume.
- Empowering Innovation: At the forefront of PlayBlock’s ecosystem is its flagship dApp, UpVsDown.com, a cutting-edge prediction market platform revolutionizing user engagement in the Web3 space.
“The success of PlayBlock and UpVsDown.com demonstrates the power of user-focused innovation,” said Pini, CEO of Playnance. “Becoming the #8 blockchain globally is just the beginning as we continue to redefine how people trade, predict, and interact in Web3.”
UPvsDOWN.com: Leading PlayBlock’s Growth
UpVsDown.com is Playnance’s premier prediction market platform, allowing users to place real-time predictions on various assets, including cryptocurrencies, commodities, and forex. This engaging and skill-driven dApp is a key driver of PlayBlock’s rise, offering:
- Zero-Gas Trading: Cost-free transactions make predicting markets accessible to everyone.
- Instant Rewards: Smart contracts ensure seamless payouts directly to user wallets.
- Global Accessibility: With a simple, intuitive interface, UpVsDown.com attracts players worldwide, bridging Web2 and Web3 audiences.
PlayBlock: Shaping the Future of Blockchain
PlayBlock is purpose-built to meet the evolving needs of the Web3 community, featuring:
- Gas-Free Transactions: Eliminating barriers to entry for gamers, traders, and developers.
- High-Speed Scalability: Supporting 40,000 transactions per second, PlayBlock powers real-time applications at scale.
– Seamless Integration: EVM compatibility ensures developers can easily transition their dApps to PlayBlock, enhancing its growing ecosystem.
What’s Next for Playnance?
PlayBlock’s DappRadar listing signals a new era of transparency and growth for the ecosystem. With UpVsDown.com leading the charge, Playnance aims to expand its influence through innovative partnerships, cutting-edge dApps, and a user-centric approach that bridges Web2 and Web3.
About Playnance
Based in Ramat Gan, Israel, with offices in Dubai, UAE Playnance is a comprehensive Web3 ecosystem designed to empower users with blockchain solutions for trading, gaming, and decentralized finance. Powered by its Layer-3 blockchain, PlayBlock, and anchored by its leading dApp, UpVsDown.com, Playnance is driving the mass adoption of Web3 technologies worldwide.
For more information on PlayBlock and the Playnance ecosystem, users can visit playnance’s official website, explore UpVsDown.com & track playnance’s progress on DappRadar.
Contact
CEO
Pini Peter
Playnance
pini@playnance.com
Grand Cayman, Cayman Islands, November 20th, 2024, Chainwire
FDUSD becomes the second native stablecoin on Sui following USDC’s landmark deployment in early October
Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, and First Digital Labs, the creator of one of the world’s largest stablecoins, FDUSD, today announced that FDUSD is live on Sui. FDUSD is the second multi-billion dollar market cap stablecoin to natively integrate with Sui in recent months, strengthening FDUSD’s position as a versatile and interoperable stablecoin while enhancing Sui’s burgeoning DeFi ecosystem where TVL is over $1.5B.
With this integration, FDUSD’s multi-chain compatibility now extends to Sui, providing a genuinely interoperable stablecoin capable of driving DeFi applications across countless additional platforms. By leveraging Sui’s high-performance network combined with its own powerful architecture, FDUSD enables breakthrough use cases that enhance speed and efficiency in data transfers and other on-chain operations. Additionally, integrating protocols such as NAVI and Cetus and leveraging Sui’s native liquidity layer, DeepBook, will fuel the development of new applications, further expanding FDUSD’s utility within the DeFi landscape.
“We are thrilled to launch FDUSD on Sui and look forward to the new possibilities this integration brings,” said Vincent Chok, Founder and CEO of First Digital. “By leveraging Sui’s unique object-centric design, FDUSD gains access to ultra-fast transaction speeds, low fees, and unmatched scalability. Today’s deployment augments FDUSD’s multi-chain compatibility and strengthens on-chain liquidity in what is already a thriving DeFi ecosystem, paving the way for even more innovation on Sui.”
“Sui’s DeFi ecosystem continues to surge, recently surpassing $1 billion in TVL and consistently ranking among the top networks in transaction volume,” said Jameel Khalfan, Head of Ecosystem Development at Sui Foundation. “The addition of FDUSD, one of the industry’s leading stablecoins, will further accelerate this growth, unlocking new and impactful use cases for both users and developers across the ecosystem.”
Sui’s blockchain, designed for unprecedented scalability and composability, is an ideal platform for stablecoins like FDUSD, which are fully backed by cash and cash equivalents. The network’s object-centric model, powered by the Move programming language, enables parallel transaction execution and rich composability, providing developers with the tools to build powerful decentralized applications (dApps) that maximize efficiency.
Contact
Sui Foundation
media@sui.io
London, United Kingdom, November 19th, 2024, Chainwire
Pepe Unchained operates within the memecoin sector, focusing on utility and efficiency through Layer 2 blockchain technology. This approach aims to enhance scalability and transaction speed, addressing common challenges in blockchain networks during peak market activity.
With a growing ecosystem and community, Pepe Unchained’s adoption of Layer 2 solutions positions it as a contender seeking to improve the user experience while navigating the evolving memecoin landscape.
Pepeto: Integrating Cross-Chain Utility and Community Development
Pepeto introduces an ecosystem designed to redefine the memecoin market with a rapidly growing community and unique utilities.
Pepeto offers zero-fee cross-chain trading, liquidity management, and a platform for token listings, including memecoins like Pepe Unchained. The project’s bridge functionality ensures smooth interoperability between blockchains, a feature critical for future growth.
Pepeto emphasizes community-driven development, reinforced by a staking rewards program that encourages long-term participation. This strategy aims to build an engaged network of users while supporting the project’s broader goals.
A Growing Community with Big Plans
Pepeto’s presale phase has seen participation aligned with its focus on providing an accessible entry point for users. By offering competitive pricing, the project seeks to appeal to both new and experienced participants in the cryptocurrency space.
Additionally, Pepeto offers a robust staking program, allowing holders to earn rewards while supporting the network. This incentivizes long-term holding and strengthens the community, making Pepeto an investment that aims to generate value for its supporters.
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.
For more information about Pepeto, users can visit the official website https://pepeto.io
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?_t=8rCR2O27v5s&_r=1
Disclaimer:
Pepeto.io is the only official website for purchasing Pepeto tokens. Users must be aware of fraudulent sites mimicking the platform and verify at the official website.
Contact
Head of MK
Baker Uccio
Contact@pepeto.io
San Fransisco, USA, November 19th, 2024, Chainwire
The Keanu (KNU) token, a new Solana-based meme coin inspired by cultural icon Keanu Reeves, has officially hit the market via a fair launch on Pump.fun. The release comes amid a surge in meme coin market activity, with the Keanu team positioning the project as a community-driven initiative leveraging viral potential.
The broader meme coin market has seen massive growth in recent months, with notable projects contributing to an industry market cap of $125 billion. The team aims to capitalize on this momentum with a token launch designed to appeal to a broad demographic, from crypto enthusiasts to pop culture fans.
This launch perfectly aligns with what investor and commentator Murad Mahmudov has described as an unprecedented “meme coin supercycle,” creating fertile ground for viral, community-focused crypto projects.
Keanu (KNU): A Cultural and Community-Driven Token
Keanu leverages the widespread popularity and meme culture heritage of actor Keanu Reeves, a figure celebrated across generational and cultural divides. The token seeks to distinguish itself through its ethos, emphasizing positivity and inclusivity—triggering speculation that this could be the making of a new crypto cult.
Keanu’s branding incorporates community-oriented principles such as “Be Excellent to Each Other,” signaling a departure from the often intense and competitive nature of the crypto landscape.
The team behind Keanu plans to cultivate an engaged community by focusing on a balance between entertainment and functionality. This strategy positions the token as an accessible entry point for new users exploring the world of cryptocurrencies while fostering a strong connection with existing crypto participants.
Bridging Pop Culture and Cryptocurrency
Meme coins have historically gained traction for their simplicity and relatability, making them an accessible entry point for newbies. While Dogecoin has been the most prominent example of a meme coin achieving mainstream recognition, the Keanu project seeks to expand on this foundation, offering a culturally resonant alternative designed to engage a diverse audience.
Unlike many projects that rely solely on novelty or fleeting trends, Keanu’s developers emphasize its potential for sustained community growth. By targeting both experienced cryptocurrency participants and mainstream audiences, the token aspires to build a broader cultural and economic bridge between these spaces.
Exploring Keanu’s Adoption Potential
Keanu launches with a total supply of 1 billion KNU tokens, structured to encourage widespread participation. The project’s debut on Pump.fun represents the first phase of its roadmap, with plans for additional listings to follow.
By tapping into Keanu Reeves’ universal popularity and the current momentum of the meme coin market, the token seeks to carve out its place in the evolving crypto landscape.
For updates on the project’s progress, Keanu encourages the community to follow its official channels on X (formerly Twitter) and Telegram.
About Keanu
Keanu (KNU) is a meme token built on the Solana blockchain. It prioritizes community engagement and inclusivity, aiming to foster a positive cultural movement within the cryptocurrency space. The token launched via a fair listing on Pump.fun, with plans for expanded availability on decentralized exchanges and additional trading platforms.
Contact
Keanu
pr@keanu.xyz
Valletta, Malta, November 18th, 2024, Chainwire
LaunchPunks has officially launched, introducing a gamified and community-centric approach to the crypto launchpad landscape. Built on Bitcoin via the TAP Protocol, the platform emphasizes fairness, transparency, and scalability while challenging traditional launchpad models.
Ghosty Cash “Spooky” – Supernatural Utility
Leading the charge with them is Ghosty Cash. Ghosty Cash represents an innovative approach to anonymous, cross-chain swaps, designed to challenge conventional DeFi models and enhance user autonomy.
With over $50 million volume swapped and 200% monthly Total Value Swapped (TVS) growth, Ghosty Cash and its utility token Spooky ($SPKY) are establishing a presence in the expanding Bitcoin DeFi ecosystem.
$SPKY Token Utility Highlights:
- Monthly BTC Rewards: $SPKY holders stake with no lock-up, can earn monthly Bitcoin rewards and keep control of their assets
- Deflationary Burns: For every $100 swapped, 0.5 $SPKY is burned, reducing overall supply
- Real-Asset Utility & Compliance: $SPKY is MiCAR-compliant on SOL/TAP and balances the needs of privacy and regulation
A New Era for Launchpads: Fair, Fun, and Built for the Community
LaunchPunks breaks away from fixed tiers, hidden tokenomics and passive participation and takes a fresh, community-focused approach:
- Scalable & Transparent: Dynamic Allocation rewards participation and promises fairness in volatile markets. Tokenomics are presented with easy-to-understand graphs.
- Social & Gamified: Profiles, leaderboards and social integration turns every launch into an engaging and fun experience.
- Inclusive & Anti-Establishment LaunchPunks embraces the punk values of doing things their own way and self-empowerment.
No More Ghosts in the Machine
With Ghosty Cash, LaunchPunks aims to bring a revolutionary approach to token launches sure to spook the competition.
“The old rules are gone – we’re making launchpads fun and accessible,” says LaunchPunks co-founder Mark. “We do things our own way, and everyone gets a chance.”
The Ghosty Cash community raise goes live exclusively on LaunchPunks, Monday, 18th November.
For more information, users can visit launchpunks.com.
About LaunchPunks
LaunchPunks is a first-of-its-kind, gamified, social launchpad experience on a mission to rewrite the code of crypto launches. Powered on Bitcoin by TAP Protocol, LaunchPunks delivers a transparent, scalable, and fun experience that puts the community first. LaunchPunks rejects outdated norms, embraces transparency, and seeks to disrupt.
Contact
LaunchPunks
info@launchpunks.com
Austin, United States, November 18th, 2024, Chainwire
Big Time Studios, a Web3 gaming trailblazer and creator of the Open Loot platform and hit game Big Time, which has already processed a half billion dollars in total transaction volume, is making waves again. Active users of the Open Loot platform will soon be able to collect $OL, the marketplace’s first utility token, which will become the cornerstone of the Open Loot.
“We’re flipping the script on token launches. Instead of the usual fundraising frenzy, the launch of $OL is about giving back to our incredible community of players and game developers. From lower transaction fees and exclusive premium currency bundles to invite-only early access to Open Loot games, special NFT sales, tokens in-game drops during exclusive gameplay, and in-game perks,” said Ari Meilich, the visionary founder behind Big Time Studios
Designed to supercharge the Open Loot platform, $OL will boost user acquisition and drive engagement across all Open Loot games and products by delivering substantial utility to Open Loot users, from guardianship to exclusive benefits like better deals and early access to games and events to collecting in-game rewards.
$OL Token
$OL token is not a fundraising mechanism. This launch is fair: there are no token sales, team-allocated tokens, or tokens sold to early investors. Open Loot users can collect $OL=ugh various activities within the platform. Players actively engage in unique game opportunities with partners, completing challenges and participating in unique events. For loyal players, the $OL tokens will provide users with early access to games, opportunities to purchase unique NFTs, and discounts on special premium currency packs and NFT primary sales.
For game developers, $OL is a powerful tool for user acquisition. Developers can leverage the token to reward players for in-game activity, such as reaching milestones or dropping tokens in-game, which will drive engagement. Limited-timed events can attract users to Open Loot partner games and create exposure for the game and the ecosystem. $OL fosters more profound connections between developers and their audiences, giving developers the power to offer players significant value through competitive, social, and metagame features and targeted promotional offers that enhance player engagement.
The potential uses for $OL are vast and will define engagement and innovation across the platform. $OL will foster trust in the Open Loot platform and marketplace, extend reach beyond traditional off-chain models, and lead the way for the Web3 gaming industry, opening up a world of opportunities for players and studios.
Open Loot Platform
Big Time Studios’ Open Loot gaming platform and marketplace has facilitated nearly half a billion dollars in transactions since early 2024. This achievement stems from Open Loot’s ability to simplify complex cryptocurrency functions, scalability, distribution, payments, and regulatory compliance for developers. The marketplace boosts NFT discoverability and sales while providing various payment options.
Players enjoy high-quality games without typical Web3 issues like connecting a crypto wallet, paying gas fees, or waiting for transactions. Patented Vault technology allows easy NFT buying and selling without high gas fees, with the option to mint them onto the blockchain. The platform includes features like NFT rentals, a marketplace for non-crypto game currencies, and detailed NFT price histories, making Web3 gaming accessible. Game studios benefit from ready-to-use tech solutions, including game launchers and premium currencies. Open Loot also provides expert support in marketing, game economy design, and production, ensuring developers can meet player expectations and achieve success.
Open Loot platform manages all foundational elements, overseeing the sales and leasing of digital and traditional items for Big Time, the wildly successful free-to-play multiplayer action RPG, and five pioneering launch partners, each curating distinct Web3 gaming experiences. World Shards, an expansive sandbox MMORPG; Boss Fighters, an engaging multiplayer action title; The Desolation, an immersive cross-platform loot shooter; ShatterPoint, an adrenaline-fueled F2P action mobile RPG; and One Tap, a strategic first-person shooter. Positioned to redefine the gaming sector, Open Loot will focus on high-caliber mid-core to hardcore games.
First Half of 2024 Success
Since the start of 2024, the Open Loot platform has experienced growth driven by its vibrant community and excellent partners. So far, Underscoring Open Loot’s successful quarter was the exchange of over 1,067,103 NFTs and 1,551,969 NFT rentals. This year, more than 226,588 players have crafted more than 3,625,725 NTFs showcasing the platform’s dynamic and engaging ecosystem.
Since it opened, Open Loot has amassed over $445,167,044 in total transaction volume, with millions of transactions signaling the platform’s escalating popularity and triumph.
Users can visit https://openloot.com/ for more details.
About Big Time Studios
Big Time Studios, founded by Ari Meilich, is a pioneering force in the crypto gaming industry, renowned for its innovative Open Loot platform and the hit game Big Time. With a mission to revolutionize the NFT gaming experience, Big Time Studios seamlessly integrates high-quality games with blockchain technology, offering players unparalleled gaming experiences. The curated Open Loot platform gives developers the opportunity to reach a wider audience and drive engagement through unique in-game rewards and events, while players benefit from exclusive access to high-quality games, special NFT sales, in-game perks and airdrops. Big Time Studios’ Open Loot platform has facilitated nearly half a billion dollars in total transaction volume, underscoring its commitment to creating a dynamic and engaging ecosystem for gamers worldwide. For more information, visit Big Time Studios’ website.
Contact
CMO
Michael Migliero
Big Time Studios LTD
press@bigtime.gg
London, United Kingdom, November 18th, 2024, Chainwire
Plutus, a pioneer in tokenized loyalty rewards, is implementing strategic upgrades to enhance platform integrity and ensure long-term sustainability. Guided by community feedback, with 67% of users expressing support, the company is rolling out initiatives aligned with its whitepaper, including offering rewards of up to 10% on debit card payments, positioning itself as a competitive alternative to traditional cashback and credit card programs.
Consequences Of Scaling Ambitions
Since its inception in 2015 as one of the earliest community-supported Ethereum-based platforms, Plutus has pursued rapid growth while maintaining a self-funded approach. This expansion has introduced operational challenges that have, at times, affected the customer experience and community trust.
Plutus is now dedicated to addressing these issues and strengthening the platform.
Steps to Improve Platform Integrity and User Experience
- Helping Customers: Reinstated accounts flagged for misuse with guidance.
- Enhancing Transparency: Updated terms and conditions offer clearer criteria and expectations for users.
- Metal Card Extension: All holders affected by upgrades received +1 month free.
- New Features: PlutusSwap, PlutusMiles, PlutusGift, and more for in-app value.
- Tangible Benefits: Redeem for instant card-top ups, air miles or gift cards.
- PLU Rewards Anchor: In-app redemptions and emissions at a minimum £/€10 value.
A Future of Growth and Innovation
By the end of 2024, all in-app utilities, except PlutusSwap, will be anchored to a minimum intrinsic value of £/€10 per PLU (e.g., 1 PLU = £10 Gift Card), making external market conditions irrelevant. Starting in Q1 2025, PLU emissions will also align with this £/€10 intrinsic value set by in-app utilities. This approach aligns with Ernst & Young’s forecast of £/€7.90 per PLU in-app, aimed at achieving 100% self-sustainability through our network fee system, FUEL, and establishing a ‘FUD-proof’ model.
In a move toward greater transparency, Plutus plans to release its financial model as open-source, enabling public verification and contributing to industry innovation.
“Some doubt the system’s scalability and naively compare it to standard cashback,” said Plutus CEO Danial Daychopan. “To ease concerns, we’re re-validating the model with Ernst & Young and making it publicly available—not only to reassure our community but also to guide others who try to replicate our success. This move supports the industry, inspires us to innovate further, and lets us confidently leave them behind”
A Balanced Approach to Transparency
Plutus remains committed to transparency and fairness, with a top priority of ensuring the rewards system remains sustainable. The company understands that not everyone will agree with every decision, and that’s okay. Plutus is using this time to focus on what truly benefits the community in the long run. While some long-time customers may not agree with the direction, the company apologises for any disappointment, but to ensure continued benefits for all PLU token holders, the product must evolve.
Plutus doesn’t rely on fancy PR firms for polished statements – the company speaks directly and honestly with its community. While there may be missteps along the way, Plutus is committed to improving and ensuring its messages are clear, consistent, and aligned with its values.
Looking Ahead
Plutus prioritizes maintaining a secure, respectful environment as it prepares for growth and an upcoming Series A funding round with an industry-leading partner. This collaboration will support the 2025 network transition, enhancing Plutus’ tokenomics while safeguarding the community and fostering a positive space for customers who share its values. With Tier 1 network support and funding, Plutus remains committed to transparency and sustainability, ensuring its position as a leader at scale and delivering lasting value to millions of customers.For more details on upcoming features, please visit: Plutus White Paper 2024
About Plutus
Plutus is a leading rewards and finance platform, providing lucrative solutions for its community worldwide. Focused on transparency, trust, and organic long-term growth, Plutus empowers everyday card spenders with tokenised loyalty rewards that maximise value in any economy.
Contact
Plutus Team
press@plutus.it
Charlestown, Saint Kitts and Nevis, November 18th, 2024, Chainwire
WeFi, the next-generation financial platform dedicated to reimagining access to global financial tools, successfully holded the highly anticipated Token Generation Event for its native $WFI token on Friday, November 15th. Following the TGE, $WFI debuted on Bitmart on November 18th, opening up new avenues for participation and interaction within the WeFi ecosystem.
The $WFI token is the lifeblood of WeFi’s ecosystem, which seeks to empower users with a seamless blend of DeFi and traditional financial tools. Initially launched on Binance Smart Chain (BSC), $WFI will soon migrate to WeFi’s own WeChain blockchain, where it will power everything from liquidity pools and transaction fees to staking and advanced dApps. With a fixed supply of 1,000,000,000 tokens, $WFI was engineered to foster a unique ecosystem that values community participation and sustainable growth over quick gains.
The TGE for $WFI embodies WeFi’s commitment to a Fair Launch model, ensuring that all participants have equal access to the token from the outset, without the advantage of pre-sale allocations or VIP access. This Fair Launch approach aligns with WeFi’s mission to create a Financial ecosystem rooted in transparency and inclusivity, making $WFI accessible to a broad community of users.
A key feature that sets WeFi apart is its non-custodial account system, which seamlessly bridges Web3 and traditional banking. Users maintain full control of their digital assets while enjoying everyday banking convenience: their Web3 wallet connects directly to a non-custodial bank account linked to a credit card, enabling automatic spending from their crypto holdings without manual top-ups. This means users can spend their digital assets as easily as traditional currency while retaining complete custody of their funds.
This non-custodial design is expected to be a defining feature for WeFi, empowering users with secure, self-managed access to $WFI and positioning WeFi as a forward-thinking platform in the DeFi space.
A central pillar of WeFi’s approach is the Initial Technology Offering, or ITO platform, which facilitates community-driven token distribution through ITO nodes. These nodes allow early adopters to mine $WFI while also granting access to exclusive WeFi services, early listings, and additional rewards – creating a multi-faceted engagement model. Since its inception, the ITO platform has seen remarkable activity, with over 35 million $WFI tokens already minted, reflecting robust community support and interest in WeFi’s vision. Through ITO nodes, WeFi doesn’t just focus on mining but builds a network of committed users actively participating in the platform’s growth and evolution.
Maksym Sakharov, Co-Founder and Group CEO of WeFi shared his enthusiasm about the TGE and the ecosystem’s trajectory: “Our vision is rooted in the belief that access to the global economy is a fundamental right. We see a future where everyone, regardless of location or wealth, can claim their financial freedom through a secure, accessible, compliant, and fair financial system. We’re building a financial infrastructure that respects user autonomy and fosters inclusivity on a global scale. $WFI is the heartbeat of our platform; it facilitates everything from day-to-day transactions to secure staking, and it’s tailored for real use within our evolving ecosystem”.
Sakharov added: “The TGE is a milestone that brings us closer to our vision of a new banking system where users truly own and benefit from the system they support. We’re thrilled to see $WFI go live on a major exchange, for more users to engage with WeFi and take control of their financial future.”
The $WFI listing on Bitmart at 11 AM UTC on November 18 kickstarted the journey. The deposits were opened on November 16 at 11:00 AM UTC, and withdrawals will be available starting November 19 at 11:00 AM UTC. This initial launch will boost liquidity and create new entry points for users globally, amplifying the reach of WeFi’s ecosystem.
As WeFi advances, the platform’s development roadmap includes further integration with the WeChain blockchain and the continued rollout of Neobank services. This TGE marks a significant chapter in WeFi’s journey to create a community-driven ecosystem that combines financial freedom with robust utility, thus signaling a new era of possibilities for decentralized finance.
About WeFi
WeFi is a pioneering global blockchain ecosystem and intelligent data platform dedicated to transforming finance through the integration of AI and blockchain technology. Focused on building a more inclusive and accessible financial system, WeFi leverages AI-driven nodes to analyze transactional patterns, proactively prevent financial crime, and deliver transparency, interoperability, and real-time insights to the global finance and fintech sectors. Through its Initial Technology Offering (ITO), WeFi invites early adopters to participate in the ecosystem, earning rewards while contributing to its mission of democratizing finance and setting new regulatory standards worldwide.
For more information, users can visit WeFi’s ITO website at wechain.ai or follow us on X for updates on $WFI and the WeFi ecosystem.
Contact
WeFi
press@wefi.co
Barcelona, Spain, November 18th, 2024, Chainwire
In conjunction with its token listing on centralized exchanges (MEXC, Bit2Me), Polkadot parachain LAOS Network is thrilled to announce a strategic partnership with Sequence, the all-in-one development platform for integrating web3 into games, to bring Free-2-Play game mechanics to blockchain gaming, now achievable at an unprecedented scale.
By leveraging Sequence’s robust web3 technology stack, LAOS Network addresses key challenges in blockchain gaming, including high gas fees and network congestion, to deliver a seamless experience with web3 asset ownership. This partnership is meant to allow developers to easily harness LAOS’s “Bridgeless Minting” to tokenize in-game assets onto any EVM blockchain, while keeping minting costs low enough to suit even the high transaction volumes required by Free-2-Play models. Sequence’s established integrations as the only verified EVM-based web3 Embedded Wallet solution on major gaming engine stores like the Unity App Store and Unreal Marketplace are set to facilitate LAOS’s ongoing mission to bridge traditional and blockchain gaming.
The Sequence partnership builds on LAOS Network’s recent growth, following collaborations with MetaverseMe for Free-2-Play blockchain gaming, Netherak Demons in ARPG mechanics (a Sequence gaming partner), and The Mines Run, a cyberpunk runner game on Ethereum, and Life’s Meta, an AI-powered social simulator. Each partnership leverages LAOS Network to bring scalable minting and on-chain dynamics to the forefront of their gameplay. Furthermore, by the end of 2024, LAOS promises to extend its Bridgeless Minting technology to minting NFTs at scale directly on Bitcoin without relying on Layer-2 solutions, bridges, or the limitations of existing options like Ordinals.
Alun Evans, co-founder of LAOS Network, expressed enthusiasm for the new partnership: “Our vision at LAOS Network has always been to empower developers by freeing them to tokenize in-game assets on any blockchain, without worrying about cost or scalability issues. Having Sequence as our preferred partner allows us to grow that vision by providing the tools developers need to build dynamic, decentralized games that engage users in new ways. We’re excited to see how the web3 community will leverage this partnership to unlock the potential of blockchain gaming.”
Santiago Gramajo, Business Development Manager at Sequence, agreed: “We’re thrilled to partner with LAOS in their mission to create millions of assets across any EVM chain, leveraging Sequence’s battle-tested infrastructure to elevate the web3 gaming landscape. LAOS is pioneering a robust and scalable layer-1 solution, unlocking vast opportunities for asset creation and management across the blockchain ecosystem. With our laser focus on onboarding, monetizing, and retaining players, Sequence is thrilled to support LAOS as their preferred partner, integrating our Embedded Wallet and a full suite of tools. Together, we’re simplifying the path for web3 adopters, developers, projects, and gamers to build, deploy, and scale within the LAOS ecosystem and beyond.”
Adding to its market presence, on the 19th of November 2024 the LAOS Network utility token will be accessible for trading on mexc and bit2me, offering the global LAOS community the ability to trade on these prominent exchanges.
LAOS Network and Sequence invite developers to explore the transformative potential of their partnership through the LAOS Grant Program. This program provides a wealth of resources from both LAOS and Sequence, including dedicated mentorship, development support, advisory services, and essential tools for launching and scaling web3 games. With a total of 190M $LAOS tokens in funding, the program aims to support promising web3 projects leveraging the LAOS infrastructure, working to empower developers to bring innovative gaming experiences to life and advance the web3 gaming ecosystem.
About LAOS Network
LAOS Network is an innovative Layer-1 blockchain designed to enable large-scale minting of non-fungible tokens (NFTs) on any chain, without incurring the high gas fees typically associated with these networks. Its bridgeless minting technology allows for the seamless creation of digital assets on blockchains such as Ethereum, Polygon, and Hedera, while eliminating network congestion issues. As a parachain on Polkadot, LAOS benefits from battle-tested security and cross-chain interoperability through Polkadot’s Universal Location system. This allows LAOS to support large-scale gaming and digital asset ecosystems without the friction of traditional bridging solutions. The LAOS Network Utility Token will soon be tradable at https://mexc.com/ and Bit2Me.com.
About Sequence
Sequence is an all-in-one development platform for integrating web3 into games. Users can onboard, monetize, grow, and retain players with Sequence’s award-winning technology. From collectibles and ownable rewards to fully on-chain experiences, Sequence’s easy-to-integrate platform works to solve blockchain complexities, so developers can focus on creative execution and delivering player experiences. Trusted by hundreds of games, thousands of developers, and powering millions of users, Sequence is backed by Take-Two Interactive, Ubisoft, Xsolla, Bitkraft, Brevan Howard, Coinbase, Polygon, and more.
For media inquiries and more information, users can read the Sequence media kit and contact either:
Stefania Asis
Marketing Manager, LAOS Network
or
Megan Doyle
Product Marketing Director, Sequence
Contact
Co-founder
Alun Evans
LAOS Network
alun@laosfoundation.io