George Town, Grand Cayman, August 5th, 2024, Chainwire
Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer-level security, today announced that Mainnet Phase 1 is now live. Mainnet Phase 1 also includes the launch of the Zircuit Mainnet Festival, a first-of-its-kind program that rewards ZRC and a chance to win large prizes in proportion to gas spent on the Zircuit network.
To reward users who participated in its highly successful staking program with over $2B staked, Zircuit also opened Season 1 Airdrop claims. Users who staked assets in the Season 1 points campaign may now claim their tokens.
During the Mainnet Phase 1 stage, users will be able to bridge funds to Zircuit’s Mainnet and interact with projects in Zircuit’s ecosystem including Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, Shoebill, and more. Developers are also welcome to deploy applications on Zircuit mainnet and join the thriving ecosystem of over 60 projects.
As part of the launch, Zircuit is hosting the Zircuit Mainnet Festival which rewards users with ZRC tokens whenever they pay gas fees on Zircuit mainnet. Additionally, participating users will have the chance to win prizes, and a super prize of 100,000 ZRC. This festival encourages users to interact with the network and experience the benefits of Zircuit while earning ZRC tokens and prizes.
Mainnet Phase 1 will introduce a cap on the amount that each wallet can bridge, with caps increasing over time. During this initial phase, users may bridge ETH only, with other assets slated to be added progressively. This allows Zircuit to launch in the most secure way possible and provides a broader distribution of Zircuit rewards to smaller wallets.
During this phase, Zircuit opens the ZRC token claims portal to reward users who were early contributors and participants in the network. Those who earned Zircuit Points in Season 1 of Zircuit Staking will be eligible. While tokens are claimable during this time, they will be non-transferable until a later date. To prepare for the asset migration in Phase 2, where staked assets will transfer from Ethereum mainnet to Zircuit mainnet, Zircuit will start collecting wallet addresses from users who intend to move their staked assets once the network is fully live.
“Launching the first phase of mainnet is a significant milestone for us. Developers and users can now experience the full benefits of Zircuit and our breakthrough technology, sequencer-level security. In addition, the Mainnet Festival is a first-of-its-kind mechanism that most directly rewards early active users. We see Zircuit as the foundation for the next wave of innovation in web3 and we look forward to seeing what decentralized applications will be built on Zircuit next,” stated Martin Derka, co-founder of Zircuit.
Zircuit protects users from hacks through its built-in, automated AI techniques that guard users against smart contract exploits and malicious actors. Bolstered by its strong security infrastructure, Zircuit is the central hub for restaked assets featuring unparalleled security and allowing users to earn industry-leading yields natively. Zircuit is the premier liquidity hub for restaked assets (ETH, BTC, LSTs, and LRTs) where users enjoy stronger security guarantees and trust.
During Mainnet Phase 1, users can explore the Zircuit ecosystem on zircuit.com/#ecosystem and explorer.zircuit.com and bridge ETH to Zircuit Mainnet at bridge.zircuit.com. Zircuit’s Mainnet Phase 2 is set to launch in August.
Users can claim their tokens by visiting claim.zircuit.com and participate in the Zircuit Mainnet Festival by visiting festival.zircuit.com.
To learn more about Zircuit, users can visit zircuit.com or read the developer docs at docs.zircuit.com
About Zircuit
Zircuit is a ZK rollup with AI-enabled sequencer-level security and parallelized circuits. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit’s unique architecture combines the best of both worlds of performance and security. To learn more users can visit zircuit.com or follow us on Twitter/X @ZircuitL2
Contact
Jessica
Zircuit
jessica@zircuit.com
WILLEMSTAD, Curacao, August 5th, 2024, Chainwire
BC.GAME and Cloud9 Esports extend their existing partnership with Cloud9’s acquisition of the Dota 2 esports team Entity. As part of the deal, the European-based Entity has been renamed Cloud9 BC.GAME Dota 2.
Entity is a prominent European Dota 2 team known for its strong performance and high rankings in the competitive Dota 2 scene. The team has consistently demonstrated its prowess in various tournaments and achieved impressive global rankings, recently securing first place at 1win Series Dota 2 Spring 2024.
The rebranded Cloud9 BC.GAME Dota 2 team will make its debut at The International 2024, one of the largest events in esports.
Cloud9 has a strong track record of supporting the Dota 2 scene. Cloud9 first joined the Dota 2 scene in 2014. Their roster included notable players such as Jacky “EternaLEnVy” Mao, SingSing, Johan “N0tail” Sundstein, and Kurtis “Aui_2000” Ling, which helped establish their presence in the competitive Dota 2 landscape. With their renewed presence, Cloud9 is committed to dedicating significant resources to support the team’s competitive growth and potential.
As a leading platform, BC.GAME offers a wide range of esports products, including Counter Strike, Dota 2, and places a strong emphasis on compliance, having recently secured a new Curacao LOK license.
CEO of BC.GAME Jack Dorset said, “We are excited to strengthen our partnership with Cloud9 and make significant strides in the Dota 2 scene. This collaboration is an opportunity for us to push the boundaries of what we can achieve in esports and deliver exceptional experiences for our community”.
“We’re thrilled to reignite our presence in the Dota 2 scene and further our ongoing partnership with BC.GAME,” said Jack Etienne, Co-Founder and CEO of Cloud9. “BC.GAME’s dedication to supporting our teams and creating engaging content for our fans is invaluable. This collaboration allows us to bring even more exciting experiences to the Cloud9 community.”
The Entity acquisition marks the second collaboration between BC.GAME and Cloud9. In August 2022, BC.GAME partnered with Cloud9, becoming their official Gaming and Sports Betting Partner. BC.GAME will continue to support Cloud9 in all CS initiatives while the team strives to bring home major titles.
Both partnerships were facilitated by SportQuake, a leading sports marketing agency.
About BC.GAME
BC.GAME is a community-based crypto platform that offers its players the best online gaming experience possible. Launched in 2017, BC.GAME is among the first platforms to support the Lightning Network. Users can enjoy more than 8,000 games including sports, slots, and live table games. Recently, the platform has partnered with several top brands and athletes, including English Premier League team Leicester City, the Argentina National Football Team, and esports organization Cloud9.
Users can learn more: https://bc.game
About Cloud9 Esports
Cloud9 Esports is a leading esports team that competes in various games and tournaments. Founded in 2013, Cloud9 rapidly emerged as one of the pioneering esports organizations in North America. Cloud9 Esports boasts several remarkable accomplishments that include clinching the 2018 Rocket League World Championship, emerging victorious in the inaugural Overwatch World Championship, and holding the distinction of being the sole North American team to secure a Counter-Strike Major win and advance to the semi-finals of the League of Legends World Championship.
Users can learn more: https://cloud9.gg/
Contact
Olivia Dixon
BC.GAME
oliviadi@bcgame.com
Singapore, Singapore, August 5th, 2024, Chainwire
Hybrid cryptocurrency exchange GRVT (pronounced “gravity”), ZKsync’s first official Validium ZK Chain, launches its Open Beta Testnet today. After months of anticipation, the 2.5 million waitlisted testers can now experience GRVT’s cutting-edge features.
Blending the strengths of both CEXs and DEXs, GRVT empowers users with self-custody of their assets and offers off-chain order matching combined with on-chain settlements at an impressive 600,000 transactions per second (TPS). This unique model ensures that transactions benefit from the speed of off-chain processes, while all asset settlements remain secure and verifiable on the blockchain.
To celebrate the Open Beta Testnet launch, GRVT offers exclusive rewards to early participants:
- Be among the first 30,000 users to complete KYC verification and win from a pool of 2.4 million $ZK tokens and 600,000 raffle tickets.
- Claim raffle tickets immediately upon verification.
- To claim $ZK tokens, participate on Mainnet Day 1 (more details about Mainnet will be announced later).
“GRVT aims to revolutionize financial markets by integrating blockchain technology and self-custody solutions into both TradFi and DeFi,” said Hong Yea, Co-Founder and CEO of GRVT. “We are thrilled to open our platform to the public. By applying blockchain settlement and trustless risk management to centralized order book infrastructure, GRVT is transforming trading and investment while upholding traditional security controls. I believe this approach, starting with crypto markets, can reshape the entire financial landscape.”
GRVT’s development is backed by Matter Labs, the creator of ZKsync, along with support from prominent industry partners and investors, including Delphi Ventures, Matrix Partners, Hack VC, ABCDE Capital and so on.
For more information and to join the GRVT community, users can visit grvt.io.
Disclaimer: Cryptocurrencies carry high risks. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. GRVT is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our [Risk Disclosure and Disclaimer] in full.
Singapore users: GRVT is not licensed, approved, authorised, designated, recognised, registered or otherwise regulated under any legislation administered by the Monetary Authority of Singapore (“MAS”). As such, users will not have the benefit of any regulatory safeguards imposed by the MAS.
About GRVT
GRVT (pronounced “gravity”) is a hybrid derivatives exchange enabling off-chain order matching and on-chain settlements at 600,000 TPS. Founded in 2022 and backed by Matter Labs, GRVT is ZKsync’s first official Validium ZK Chain. Our mission is to democratize the financial market with secure, self-custodial solutions, providing a safe, efficient and simple trading environment for everyone.
GRVT official website: https://grvt.io/
For media inquiries, users can contact: press@grvt.io
Social and Community: X | LinkedIn | Telegram | Discord
Contact
Reed Li
GRVT
press@grvt.io
Melbourne, Australia, August 1st, 2024, Chainwire
Get Good and Get Rewarded in Fortnite, CS2 and Overwatch
Perion Labs introduces the all-new XP.GG, a gaming platform that lets gamers get rewarded by getting good at their favourite games. XP.GG features a Universal Battle Pass integrated across all XP.GG games. XP.GG will launch August 1 with Fortnite. Counter-Strike 2 and Overwatch competitions will begin late August, with more games being added each month.
“XP.GG let’s gamers Get Good and Get Rewarded by playing the games they already love,” said Amos Whitewolf, co-founder of Perion and CTO of XP.GG. “The more levels gamers unlock, the more rewards they get, and the higher the chance they have of winning thousands of dollars of weekly prizes. We can’t wait to introduce gamers to our Universal Battle Pass across all XP.GG games, giving them a shot at real prizes for getting good.”
The new XP.GG and Season 0 of the Battle Pass launches August 1 with Fortnite. Counter-Strike 2 and Overwatch competitions will begin late August. More premier gaming titles are on the way including League of Legends, Valorant, Dota 2, Apex Legends, Mobile legends, Pub G and AAA web3 games like Shrapnel. Perion has partnered with game developers and esports teams like Talon esports and GIANTX to ensure strong game curation.
A Universal Battle Pass That Rewards Gamers
Gamers can take on challenges in their favourite games designed to sharpen their skills and, in return, level up their Universal Battle Pass. Season 0’s prizes include a $6,000 gaming PC setup, a Fortnite-themed Secret Labs gaming chair, a PS5, $1,000 CS2 knife, and more, totaling over $10,000 in value. Prizes will increase in value each Season as more gamers Get Good and Get Rewarded.
“Every victory on XP.GG brings more than just glory; it brings tangible rewards across all the games you already play,” added Amos. “So earning rewards becomes a game itself on top of the challenge of getting good in the games you love.”
XP.GG: Gamer Tested, Gamer Approved
Perion Lab’s team of gamers launched an XP.GG prototype in early 2024 to learn what gamers really wanted out of a gaming platform. Prizes started as small as a few hundred VBucks, then increased to gaming consoles. The overwhelming result after thousands of hours of gameplay: gamers want rewards for getting good in the games they already love to play.
“So that’s exactly what we built,” said Mitch Penman-Allen, co-founder of Perion Labs and Chief Strategy Officer of XP.GG. “Informed by months of testing, we’ve created the first comprehensive reward layer that lets every gamer access real rewards for getting good at the games they already play.”
Season 0 Starts Now
Gamers can visit XP.GG starting August 1 to sign up and begin earning rewards with Season 0 of the XP Battle Pass in Fortnite. Later in August Counter-Strike 2 and Overwatch competitions will begin.
Season 0 includes a special multiplier, where players that reach Level 5 in their Battle Pass will be eligible to receive an attachment for their Battle Pass for following Seasons. Reaching Level 5 in Season 0 grants a 5% multiplier attachment in Season 1, Level 10 grants a 10% multiplier attachment, and so on. Each season attachment will reset and carry over the bonus earned from the previous Season for anyone that signs up and hits level 5 in Season 0.
“A Universal Battle Pass and more opportunities to Get Good and Get Rewarded starts NOW,” added Jan Hartmann, co-founder of Perion and CEO of XP.GG. “And stay tuned for more games and even bigger prizes at XP.GG in the coming months!”
About Perion Labs
Perion Labs’ mission is to make gaming better by incorporating blockchain, empowering gamers and the gaming industry. Our current project is XP.GG, a one-stop gaming platform where all gamers can experience the best of web3 in their favourite games, along with turnkey monetization for developers, esports teams, creators, and stakeholders.
Contact
Director of Marketing and PR
Brady Nagel
Perion Labs
Brady@perion.gg
Tortola, British Virgin Islands, August 2nd, 2024, Chainwire
Sharpe AI , an AI-powered crypto super-app for traders, has announced the listing of its token $SAI on Gate.io followed by more exchanges starting at 1 pm UTC, 5th August, 2024. The token will be available in the trading pair USDT, setting the stage for a new chapter in AI-powered crypto trading.
The anticipation is soaring following the blockbuster success of $SAI’s Initial DEX Offering (IDO) this past April. The IDO shattered all previous records, achieving an astounding 300x oversubscription. With over 120,000 participants bringing in $576 million in assets, it became one of the biggest IDO in history—a true milestone moment for the crypto space.
Key Highlights
- Sharpe AI has 25+ live products with over 150,000 users and $500+ million in platform volume
- Received grants from Google, Microsoft, and IBM
- Backed by industry leaders including Animoca Brands, GBV Capital, Morningstar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, AIT Protocol
- $SAI IDO on Ape Terminal was 300x oversubscribed, making it one of the biggest IDO in history with over 120k participants connecting $576M in assets
- $SAI is listed on Aevo Pre-markets, a spot reserved for only the most anticipated projects in the space, and has smashed every record for daily volumes
- Received CME license (the only crypto company that has received it)
- First Bittensor ecosystem project, using the AIT subnet to mine $TAO
- Ranked #1 on Product Hunt globally for all AI and Crypto categories
- Sharpe is backed by Contango Digital (main investor of Bittensor)
$SAI Token Utility
$SAI is the native utility and governance token underpinning the Sharpe AI ecosystem. The token is carefully designed to align incentives between Sharpe AI, token holders, and the broader ecosystem. It provides economic incentives for participants, funds future development and growth initiatives through a community treasury model, and enables decentralized governance over the platform.
$SAI token holders will enjoy a range of benefits within the Sharpe AI ecosystem:
- Discounts: Staking $SAI unlocks discounts on trading products
- Airdrops: Potential airdrops of project tokens launching through Sharpe Launchpad and Sharpe Perps
- Governance rights: Ability to vote on crucial platform decisions
- Staking rewards: Additional benefits including fee rebates and early access to new features
Sharpe AI aims to create a token that encourages long-term participation through:
- A buyback and burn mechanism to reduce token supply and reward token holders over time
- Long-term incentives through rewards and discounts via staking
- Governance participation for token holders
Part of the profits generated from all products will be used to repurchase $SAI from the open market through a series of repurchasing programs, such as TWAP orders. Tokens bought will be burned, deflating supply over time.
As part of the rollout of staking, the buyback & burn mechanism will split into buybacks that will be allocated towards both burns and staking rewards — allowing stakers to accrue additional platform ownership over time.
$SAI Listing Details
- Date: August 5th, 2024
- Time: 1 PM UTC
- Exchanges: Gate.io, Uniswap.
- Pair: SAI/USDT
The platform is notably the first Web3 project recognized by tech giants Google, Microsoft, IBM and OpenAI. Backed by industry-leading investors Animoca Brands, GBV Capital, MorningStar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, and AIT Protocol. Sharpe AI stands out as a leader in the AI x Crypto space. As one of the first projects in the Bittensor ecosystem leveraging the AIT subnet to mine $TAO.
This advantage drives its rapid growth, establishing Sharpe AI as the largest AI super app currently boasting a live platform with 25+ live products.
“The listing of $SAI marks a pivotal moment for Sharpe AI and the broader AI-crypto ecosystem,” said Rishabh Narang, CEO of Sharpe AI. “We’re excited to bring our vision of intelligent, accessible crypto trading to a global audience.”
Current Sharpe AI Integrations and Partnerships
Aethir, Ionet, Bittensor, Lido, Aevo, Hyperliquid, Arbitrum, Aioz, Paradigm, Orderly Network, Paradex, 0x, Eesee, TradingView, Li.Fi, LogX, AIT Protocol, Ape Terminal, Aave, HyperGPT, Paraswap, Galxe, Arbitrum, Mantle, OpenOcean, and more.
About Sharpe AI
Sharpe AI is pioneering the future of crypto interface with its AI-powered superapp. With a focus on intelligence, tracking, and investing in digital assets. Sharpe is now the largest crypto super-app, boasting over 150,000 users and more than $500M in volume. Sharpe AI has a vision of creating a vertically integrated moat by combining data intelligence, trading products and DeFi execution on leading chains, culminating in a comprehensive platform unparalleled in the industry.
The platform is rapidly expanding its capabilities, having recently acquired Brownian (specializing in full-stack AI intelligence) and launched HiveIntelligence (building decentralized AI superintelligence network).
Key Products:
- Sharpe Perps: An omnichain decentralized orderbook perpetual DEX
- Sharpe DEX: A leading decentralized exchange aggregator
- Sharpe Bridge: A platform for seamless crypto swapping and bridging across multiple blockchains
- Sharpe NFT Marketplace: A hybrid NFT marketplace aggregator with 20+ top marketplaces
- Sharpe Terminal: A Bloomberg-like terminal for crypto, consolidating news, governance, research, and various market data
Looking ahead, Sharpe AI plans to expand its AI capabilities, integrate with additional blockchain networks, and launch new products aimed at institutional investors. Sharpe AI is also exploring partnerships with traditional finance institutions to bridge the gap between conventional and crypto markets.
For more information about Sharpe AI and the upcoming $SAI token sale, users can visit Sharpe AI’s official website or join their community on Twitter, Telegram, and Discord.
For media inquiries, users can contact: Email: team@sharpe.ai
Contact
CEO
Rishabh Narang
Sharpe Labs
rishabh@sharpe.ai
Manila, Philippines, July 31st, 2024, Chainwire
Venom Foundation is thrilled to announce that $VENOM is now listed on Coins.ph, the leading crypto platform in the Philippines with over 18 million users. This strategic move represents the next significant step in Venom’s global expansion efforts, particularly into the dynamic Southeast Asian market.
Key Highlights
Expanding Reach in Southeast Asia: Coins.ph provides a robust platform for $VENOM, offering increased accessibility to a vast and engaged user base. With over 18 million users, Coins.ph is instrumental in the adoption and exposure of crypto in the region, making it an ideal partner for Venom’s continued expansion.
Enhanced Liquidity and Market Presence: Listing $VENOM on Coins.ph will enhance the liquidity and market presence of the token. Filipino users will now have the opportunity to trade $VENOM easily, benefiting from the seamless and user-friendly experience that Coins.ph is known for. This listing not only broadens $VENOM’s availability but also reinforces Venom’s commitment to making blockchain technology accessible to everyone.
Increasing Accessibility in the Philippine Market: As the largest crypto exchange licensed by the central bank in the Philippines, Coins.ph plays a crucial role in the local blockchain ecosystem. Listing $VENOM on Coins.ph enhances the accessibility of our token, allowing more users to easily trade and interact with the project.
Strategic Alignment with Global Expansion: This listing aligns with Venom’s strategic goal of global expansion, particularly into Southeast Asia. By partnering with established and reputable exchanges like Coins.ph, Venom is poised to extend its reach and influence across key markets worldwide. The Philippines, with its dynamic and rapidly growing crypto community, represents a critical market for Venom’s international growth strategy.
Leadership Perspective
Jen Bilango, Country Manager – Philippines at Coins.ph, expressed enthusiasm for the partnership: “At Coins.ph, we are excited to announce the listing of the VENOM token on our platform. This aligns with our mission to drive financial inclusion and empower our 18 million users with innovative blockchain technology. We look forward to helping VENOM grow its presence in the Philippines and supporting its integration into global financial structures.”
Christopher Louis Tsu, CEO of Venom Foundation, commented on the new listing: “Listing $VENOM on Coins.ph is a strategic step in our global expansion strategy into Southeast Asia. Coins.ph’s extensive user base and reputation in the Philippines make it an excellent partner for Venom. This listing not only enhances the accessibility of $VENOM but also strengthens our presence in the vibrant Southeast Asian crypto market. We are excited to bring Venom to a wider audience and look forward to furthering our mission of global blockchain adoption.”
About Coins.ph
Launched in 2014, Coins.ph is the most established crypto brand in The Philippines and has gained the trust of more than 16 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services.
Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.
To learn more, uses can visit https://coins.ph
About Venom Foundation
Venom is a cutting-edge layer-0 and layer-1 network, seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms.
For more information, users can visit https://venom.foundation
Contact
Venom Foundation
media@venom.network
Los Angeles, United States, July 30th, 2024, Chainwire
DSCVR, the largest web3 social media and community-building platform, announces the launch of Canvas, a groundbreaking framework that enables developers to effortlessly build and integrate custom applications directly into DSCVR’s social feeds. With just a few tweaks any web application can be made into a Canvas application. Combined with DSCVR’s API, Canvas provides an easy-to-build framework to launch and distribute embedded apps on the DSCVR platform.
Canvas apps can have rich interfaces previously unseen in Web3 social that extend beyond the existing frame standards of buttons and textboxes to support games, interactive media, and more. Developers can find viral distribution for Canvases in feed, making them instantly accessible to the community and scaling them across hundreds of thousands of users. With Canvas, building, launching, and managing embedded apps has never been easier or more innovative, offering end users dynamic and rewarding experiences.
A New Era of Web3 Embedded App Development
DSCVR Canvas introduces a framework that makes app creation accessible to a breadth of developers, from seasoned engineers to students just learning Javascript. The platform offers a user-friendly interface that simplifies the development process, allowing anyone to build dynamic, interactive applications without advanced technical skills. Canvas is also built to support existing Frames and Solana Blinks so developers in these ecosystems can easily share their apps on DSCVR.
“We’re excited to introduce Canvas to our developer community,” said Rick Porter, CEO of DSCVR. “Our goal is to empower developers with the framework they need to create and scale apps within the DSCVR ecosystem for the benefit of our users. Canvas is a significant step towards realizing that vision.”
Key Features of DSCVR Canvas:
- Transactions: Canvas applications can interact directly with user wallets which are already paired with DSCVR accounts, creating new utility for NFTs and fungible tokens
- Seamless Integration: Apps built on Canvas integrate effortlessly with the DSCVR platform, leveraging robust APIs and the speed of the platform for smooth performance.
- Enhanced Performance: Designed for scalability, Canvas supports everything from simple ways to earn crypto, tipping, to games and other complex applications.
- Rich Media Support: Users can incorporate images, videos, and interactive elements to create engaging and immersive apps.
Driving Innovation in Web3 Social Media
With more canvases being built on DSCVR, users will enjoy a wide range of fun and engaging experiences directly within their social feed. From interactive games and trading platforms to token minting, DSCVR Canvas Embedded Apps will enrich the user experience, making social interactions more dynamic and rewarding. These apps will allow users to easily monetize their activities, participate in immersive gaming and trade digital assets, transforming the way they interact on the platform. At the same time, this is an opportunity for developers to gain distribution for their applications to an audience of hundreds of thousands of users.
Launch Event and Community Engagement
To celebrate the launch, DSCVR will be organizing a global hackathon on August 5th hosted by Dorahacks to encourage experimentation and creativity among its developer community. Sponsors include Metaplex, Matrica, Helius, Spiderswap and Tweed. Notable judges include Austen Federa, Jon Wong, and Pedro Miranda from the Solana Foundation as well as Josh Finer from Solana Ventures.
“We’re committed to supporting our developer community and providing them with the support and tools they need to succeed,” added Rick Porter. “DSCVR Canvas is a testament to our dedication to innovation in the Web3 social ecosystem.”
About DSCVR
With over 500k monthly unique visitors, DSCVR (pronounced “Discover”) is a Web3 social network combining the usability of a Web2-style social app with crypto technology that unlocks ownership, monetization and distribution for users, creators, and projects. Through its native crypto functionality, DSCVR rewards users and supercharges community-building, while its API allows developers and partners to build applications that target through the social graph, distribute through the feed, and monetize in posts. DSCVR’s seed investors include Polychain Capital, Upfront Ventures, BDMI, Shima Capital, Tomahawk VC, and Fyrfly Venture Partners.
Users can follow DSCVR on Twitter (X) for more updates.
Contact
Press Inquiries
Cher Park
DSCVR
press@dscvr.one
Tequila, Canada, July 29th, 2024, Chainwire
Tequila Token ($TEQ) is set to launch on the Solana blockchain, introducing a new community-focused experience inspired by the culture and spirit of tequila. Tequila Token aims to provide an engaging and rewarding environment for its participants.
Key Features of Tequila Token
- Influencer Collaborations: Tequila Token has established partnerships with global influencers to promote the $TEQ community. Followers can expect to see their favorite social media personalities sharing their $TEQ experiences.
- Exciting Giveaways: The project will feature various giveaways, including exclusive Tequila Club memberships and Tequila Partybags, designed to engage and reward the community.
- Tequila Club: Membership in the Tequila Club offers exclusive benefits, including special rewards and engagement opportunities within the Tequila Token community.
- Partnerships with Salitos: Tequila Token is proud to announce its partnership with the renowned German tequila brand Salitos, with more exciting collaborations.
- Community Rewards: Participants can earn rewards by engaging in events and activities within the community, promoting a collaborative and rewarding atmosphere.
How to Participate
The Tequila Token launch is scheduled for July 30, 2024, at 17:00 UTC. Interested parties can follow Tequila Token on Instagram and join the official Telegram channel for the latest updates and information.
Launch Announcement
Tequila Token is set to make its debut on July 30, 2024, at 17:00 UTC. With a focus on community engagement, strategic partnerships, and rewarding experiences, Tequila Token aims to stand out in the crypto space this summer.
For more information, follow Tequila Token on social media and join the community to stay informed about upcoming events and opportunities.
About Tequila Token
Tequila Token ($TEQ) is a cryptocurrency launched on the Solana blockchain, inspired by the cultural heritage of tequila. The project focuses on creating an engaging and rewarding community experience through strategic partnerships, giveaways, and community activities.
Contact
Señor Shots
tequilameme0@gmail.com
Tortola, BVI, July 25th, 2024, Chainwire
The Tanssi appchain infrastructure protocol has announced a significant collaboration with Grupo Flow, one of Brazil’s largest media ecosystems, boasting over 23 million subscribers across multiple platforms. As Grupo Flow transitions into the blockchain space with the creation of Flow Chain, this collaboration signifies a milestone. Tanssi will facilitate this move, not only bringing Grupo Flow’s vast community into the blockchain realm but also connecting them with Polkadot’s vibrant and interoperable ecosystem. This strategic integration ensures a robust, scalable infrastructure that will enhance user engagement, expand Grupo Flow’s audience reach, and open new monetization opportunities for content creators within the Flow Chain platform, leveraging both existing community strengths and new blockchain capabilities.
“The possibilities and connections with our audience through our own chain are very exciting. We are thrilled to have a trusted partner to guide us on this journey. Now it’s time to head to the lab, study the path and roadmap, and look forward to seeing the first features in our ecosystem,” said Andre Gaigher, CCO at Group Flow.
Grupo Flow Transitions to Blockchain, Setting a New Standard for the Digital Media Industry
Grupo Flow is a leading digital media ecosystem in Brazil, known for its vast reach and influence in the creator economy. With diverse ventures including creative hubs, software development, and audiovisual production, Grupo Flow has solidified its position as a key player in the Brazilian media landscape. Their platforms, such as the highly popular Flow Podcast, attract millions of followers and listeners, collectively achieving over 73 million views per month and amassing more than 23 million followers. As Grupo Flow transitions into the Polkadot blockchain space with Tanssi, they aim to enhance digital engagement, handle large-scale interactions, and seamlessly integrate advanced technology, all while maintaining their commitment to delivering an excellent user experience. This collaboration will help them strengthen their audience and tap into a new community of blockchain users, further enhancing their digital media ecosystem.
Tanssi & Grupo Flow: Unlocking Blockchain Potential for Digital Media Transformation
Tanssi’s advanced blockchain infrastructure is crucial in facilitating Grupo Flow’s seamless transition to the blockchain space. Grupo Flow will launch its own application blockchain, Flow Chain, offering a dedicated and customizable environment tailored to their needs. This collaboration will enhance digital engagement through tokenized interactions and decentralized governance, allowing users to participate in content decisions, access exclusive events, and earn rewards. Tanssi’s scalable infrastructure will handle high volumes of transactions, ensuring efficient processing and maintaining a seamless user experience for Grupo Flow’s large and active community.
By integrating with Polkadot’s interoperable ecosystem, Flow Chain will access a network of interconnected blockchains and leverage technologies like Moonbeam Routed Liquidity to expand into ecosystems such as Ethereum and Avalanche. This ensures robust security, consistent performance, and extensive growth opportunities. Tanssi’s infrastructure reduces transaction costs and opens up new revenue streams through staking rewards and tokenized assets. This strategic collaboration not only supports Grupo Flow’s transition to blockchain but also sets a new benchmark in the digital media industry by enhancing scalability, security, and user engagement.
Looking Forward: Grupo Flow’s Next Steps with Tanssi
Grupo Flow is set to revolutionize the digital media landscape with the launch of Flow Houses, inspired by Soho Houses, known for their exclusive memberships and luxurious amenities. This platform will offer unique, tokenized access to high-end venues and events through blockchain technology, showcasing Grupo Flow’s commitment to pioneering new experiences in the media sector. The upcoming launch of Grupo Flow on Tanssi Mainnet later this year marks one of the largest blockchain integrations by an online media group in Brazil, leveraging the scalability and efficiency of Tanssi’s infrastructure and benefiting from Polkadot’s interoperable ecosystem. For those interested in expanding their project to the blockchain space, Tanssi offers a straightforward, code-free application chain deployment platform. Explore and launch your project today at apps.tanssi.network.
About Tanssi Network
Tanssi’s appchain infrastructure protocol is designed to simplify and accelerate the deployment of appchains. By connecting a chain to Tanssi, it is instantly transformed into a modular appchain. This transition grants access to a developer-friendly and permissionless environment, fully stocked with all essential infrastructural components to run a chain right out of the box. Key features include a shared and decentralized network of block producers, ensuring robust security and data retrievability, alongside seamless integrations with vital tools like bridges, wallets, block explorers, RPC endpoints, indexers, oracles, and more. As a result, appchains can be deployed in just minutes—a significant improvement over the typical months-long process. Learn more at tanssi.network.
About Grupo Flow
Grupo Flow operates as a comprehensive media ecosystem, focusing on the creator economy with ventures in technology, content, media, production, and advertising. Central to the group is Estudios Flow, a creative hub housing over 30 creators dedicated to fostering dialogue, plurality, and transparency. Producing over 70 hours of content weekly across various formats and niches, Estudios Flow aims to build community ties nationwide. The ecosystem also includes Flow S.A., Flow Games, Flow News, Flow Sport Club, Venus, Ciência Sem Fim, Amplifica, the digital agency Golden Pill, software house WolfVision, and Flow Labs, specializing in audiovisual productions. The initiative traces back to the influential Flow, launched by Igor Coelho, a trailblazer in Brazil’s videocast arena. Learn more at linkedin.com/company/flow-grupo.
Contact
CMO
Katherine Quilca Barcelli
Moondance Labs
kathy@moondancelabs.com
Hong Kong, Hong Kong, July 25th, 2024, Chainwire
The ‘Web3 Shopify of Social’ hits 30,000 onchain users in 2 weeks as the first app goes live
OpenSocial Protocol, a composable infrastructure layer for building social applications, announced today a $6 million strategic backing led by Framework Ventures and North Island Ventures, with participation from other investors including Hivemind Capital Partners, Stratos, Moonrock Capital, Chorus One, HV Capital, X Ventures, Gate Labs, Panga Capital, Aspen Digital; and super angels like Jordi Alexander (Selini Capital), Sreeram Kannan (EigenLayer), Luca Netz (Pudgy Penguins), Sandeep Nailwal (Polygon Labs), Yaoqi (Altlayer), Robinson Burkey (Wormhole Foundation), Gabby Dizon (YGG), Mik Naayem (Dapper Labs), Cygaar (Abstract), Regan Bozman (Lattice Capital), Muddy Water and more.
Built by Everest Ventures Group, a leading Web3 operating group in Asia focused on consumer applications, OpenSocial Protocol provides open-source, multichain social application infrastructure tools that enable users and communities to build social decentralized applications (dApps) without coding experience. This is a vision that OpenSocial stands by as it helps to lower the barriers of entry for users who are looking to create their own community app.
Along with the $5 million seed funding round and $15 million in OpenSocial Protocol ecosystem funds raised previously, OpenSocial Protocol now has $26 million in funding to support the protocol’s development. Earlier investors include Portal Ventures, Animoca Brands, OKX Ventures, and renowned Web3 entrepreneurs include Smokey the Bera (Berachain), Jason Yano (Blockworks), Roham Gharegozlou (Dapper Labs), Brian Fabian Crain (Chorus One), Mike Dudas (6th Man Ventures) and more.
“We think that the OpenSocial team is well positioned to become a major player in the growing SocialFi movement across Asia,” said Framework Ventures Co-Founder Vance Spencer. “Their team is immensely talented and has prior experience scaling apps and onboarding millions of users. We’re excited to partner with the team as they expand to support several promising new apps.”
“We believe that OpenSocial is building a sustainable social platform that can bring millions of new users into crypto, and we’re thrilled to be supporting Allen and his highly capable team in this effort,” said Travis Scher, Co-Founder and Managing Director of North Island Ventures.
“The strategic backing accelerates OpenSocial’s ability to deploy its infrastructure across all major chains and ecosystems, launch a user-friendly platform where creators, moderators, and users can easily build communities, and develop new dApps tailored for the existing Web3 culture and communities. We aim to help empower and launch 1,000 community apps by 2025,” said Allen Ng, Co-Founder of OpenSocial Protocol.
OpenSocial Protocol hits 30,000 onchain users in 2 weeks as the first app goes live
OpenSocial Protocol aims to onboard thousands of apps by providing infrastructure and a customizable user interface layer, ensuring true ownership of intellectual property and community relationships, and offering better-aligned monetization and financial incentives for communities and users. It is building the necessary open-source infrastructure to enable the largest multichain community economy by solving three key challenges: user retention, spam bot prevention, and user growth beyond the crypto-centric audience.
SoMon (short for Social Monster), a Reddit-like forum built to empower communities with true ownership, became the first app to launch on OpenSocial Protocol on June 19 with over 30,000 onchain active users, an average engagement time close to 20 minutes and over 300,000 onchain transactions, excluding spam bots, in just two weeks, solving one of the key challenges in any social media platform.
Another app that is launching on OpenSocial is Zeek, a social collaboration network that allows users to harness the value of their community-building networks through onchain social bounty mechanics and reputation building. In June, Zeek completed its own $3 million fundraise.
OpenSocial: Enabling scalable, multichain social apps without coding experience
OpenSocial Protocol’s modular design with easy-to-deploy social tools on a multichain approach enables creators and communities to compose apps quickly and economically. Features are either on-chain or off-chain and include feed, chatroom, text/video/audio/posts, comments, reactions, voting, share, on-chain social graphs (social data and structure), tribes (user and topic-based communities), megaphones (advertising engine), as well as plug-ins (token issuance, DAO tools, betting, voting, bounties, matching, mini-games).
By embedding social functionalities into the core experience across different verticals, onchain social helps break down silos and enables greater connectivity and engagement across the entire ecosystem. “We believe social has the potential to be a major catalyst for mainstream consumer adoption. Every creator and community builder should be owners and entrepreneurs,” Ng added.
EVG has also deployed 80 developers and builders to develop the infrastructure for onboarding thousands of community apps with just a few clicks.
By actively working with early adopters to integrate thriving communities, redefine data sovereignty, and implement sustainable economic incentives, OpenSocial is paving the way for a future where anyone can cultivate meaningful yet sustainable social connections and true social data ownership.
About OpenSocial Protocol
OpenSocial Protocol (OpenSocial) is a multichain Social infrastructure empowering creators to effortlessly build community apps. Leveraging its robust social graph and modular design, OpenSocial enables transparent content promotion to specific user groups, ensuring fair value distribution among all stakeholders. OpenSocial offers one of the best data, tooling, and financial layer, and its vision is to enable the largest multichain community economy.
OpenSocial Protocol is founded by Everest Ventures Group.
Website: www.opensocial.co
Twitter: https://twitter.com/OpenSocialLabs
Media contact: Gemma Lo / gemma@opensocial.co
About Everest Ventures Group
Founded in 2018, Everest Ventures Group (EVG) is a Web3 operating group driving mass adoption of Web3 by building products with real use cases that are set to onboard the next million users.
Headquartered in Hong Kong with a global team of over 300 individuals, EVG has built and launched 15+ products across Social (OpenSocial Protocol, SoMon, Zeek), Gaming & Culture (Mugen Interactive, Legend of Arcadia, Last Odyssey, LiveArt) and FinTech (Aspen Digital).
As an early investor and lead advisor, EVG has contributed to 10+ unicorns and 150+ defining projects such as Celestia, Berachain, Wormhole, Dapper Labs (Flow), Animoca Brands, Immutable, The Sandbox, Yuga Labs, Kraken, Lukka, Dunamu and Blocklords.
Website: https://www.evg.co/
Twitter: https://twitter.com/EVGHQ/
Disclosures: Information contained herein is accurate as of the date of publication and is subject to change. This is not investment advice and readers should not construe discussion of any particular organization as a recommendation to purchase or sell, or a solicitation of an offer to purchase or sell, any securities or digital assets related to such organization.
Contact
PR Manager
Kelvin Yeo
Everest Ventures Group
kelvin.yeo@evg.co