chainwire

London, England, July 24th, 2024, Chainwire

MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive debut by raising $100,000 within the first two hours of its presale launch. As the presale continues, the team hopes excitement around MoonTaurus will increase, so it can be positioned as a significant player in the crypto market.

MoonTaurus (MNTR) has quickly gained popularity among other memecoins due to its presale structure. The MNTR presale is structured in several tiers, with limited tokens availability in each stage and subsequent price increase. During the presale phase, the token is set to increase in value from an initial price of $0.005 to $0.07 by the end of the presale (1300% higher). For example, users can buy MNTR for $0.005 a token, after which the price will increase to $0.01 in the second phase, double the current rate.

The team behind MoonTaurus (MNTR) is focused on achieving several key milestones to ensure the project’s long-term success. Their primary goal is to reach a $1 billion market capitalization, demonstrating their ambition and commitment to the project’s growth. To support this objective, the team is actively working to secure listings on decentralized exchanges (DEXs) to provide additional trading opportunities and help maintain a diverse trading ecosystem. 

The MNTR token features a total supply of 3 billion tokens, as a part of its tokenomics model. With a fixed total supply of 3 billion tokens, no additional tokens will be created.

In addition, the team is focused on building a big community that is engaged with the project via community-building initiatives and strategic partnerships. First, MoonTaurus (MNTR) is running a $100,000 giveaway to boost community engagement. MoonTaurus will award prizes to 10 lucky winners. To enter, participants need to follow MoonTaurus on social media, join the Telegram or Discord channels, and engage in promotional activities. This giveaway aims to create excitement around the project and increase its visibility.

Website: https://moontaurus.com/

Linktree: https://linktr.ee/moontaurus

Moontaurus is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Investing in memecoins can be a volatile activity.

Contact

Editor
John Moore
XENON Agency
contact@xenon.agency

San Francisco, California, July 24th, 2024, Chainwire

ETZ is transforming retirement planning by making digital assets available to retirees

ETZ, a premier service designed to simplify and enhance digital asset investing in retirement accounts, announced that it would offer SUI, the utility token powering Sui, a high-performance Layer 1 blockchain and smart contract platform, as an investment option integration for holders of its IRAs. ETZ now operates seamlessly with the Sui Network, which means that the SUI token can officially be held as an asset in a Tax-Advantaged Traditional or Roth IRAs, offering an unparalleled solution for investors looking to diversify their retirement portfolios while maintaining all of the tax advantages of keeping their assets in such a fund.

ETZ employs a regulated, state-chartered trust company to hold self-directed IRAs and custody of assets, ensuring a secure and compliant investment environment while facilitating rollovers of IRAs and 401(k)s. Furthermore, ETZ is insured up to $320M, provides institutional-grade asset security, and FDIC insurance on cash balances, providing peace of mind to investors. It also offers digital asset access through a tax-advantaged SEP IRA to help companies attract top talent by providing a more modern and diverse retirement platform as a benefit.

“At ETZ, we believe that increasing access to digital assets for every employee will transform employer incentive plans,” said Jiazi Guo, CEO of ETZ. “Sui’s meteoric rise in the blockchain space, backed by its unparalleled technology, underscores why we are so excited to offer our users the option to add Sui to their portfolios”

“ETZ has done an immense amount of work breaking down barriers to open up a new category of options to real people looking to secure a financial future for themselves and their families,” said Gap Kim, Head of Marketing for the Sui Foundation. “With the unique tooling and products that ETZ has engineered, these retirees now have access to a suite of products that will enable them to diversify their holdings and take advantage of the latest generation of financial innovation.”

ETZ’s integration with Sui is now live and investors can benefit from 24/7 access to their investments with the support of dedicated representatives, advanced security measures, and streamlined tax reporting. 

For more information about ETZ, users can visit https://etzsoft.com/. For more information about Sui, users can visit https://sui.io.

Contact

ETZ, Inc.
samuel@etzsoft.com

Singapore, Singapore, July 23rd, 2024, Chainwire

A groundbreaking moment in decentralized finance (DeFi) is here as Magnify Cash unveils its state-of-the-art DeFi protocol and announces the upcoming Fair Launch of its native token, $MAG. As a pioneer in financial technology, Magnify Cash is set to reshape the financial services landscape for individuals and enterprises alike.

The Future of Decentralized Credit Markets

Magnify Cash is spearheading the next evolution in decentralized credit markets, unlocking liquidity for Real-World Assets (RWAs), Future Yield Tokens (FYTs), and a myriad of digital assets through its innovative, permissionless lending desks.

Solving Key Financial Challenges

• Limited Liquidity: Bridging the gap for diverse digital assets.
• Decentralization: Eliminating centralized and custodial lending limitations.

Innovative Products and Solutions

• Permissionless Lending Desks: Facilitate borrowing and lending for any ERC-20 token against RWAs, FYTs, and other digital assets.
• Decentralized Borrowing Options: Provide lending solutions without intermediaries, ensuring maximum security and transparency.

Universal Collateral and Currency Support

Magnify Cash’s Universal Collateral Acceptance feature supports an extensive array of tokenized assets, including ERC-1155 and ERC-721 tokens. Users can now leverage NFTs and tokenized real-world assets such as art, real estate, bonds, and luxury goods as collateral, unlocking liquidity without the need to liquidate these valuable assets.

Key Features

• Comprehensive Support: Universal support for lending currencies and loan collateral (ERC-20, ERC-1155, ERC-721).
• Seamless Operations: Asset-backed borrowing and lending with permissionless creation and management of lending desks.
• Enhanced Liquidity: Extensive liquidity options for all digital assets, including stablecoins, ETH, liquid staking tokens (LSTs), meme tokens, blue chip NFTs, and treasuries.
• Advanced Risk Management: A dynamic interest rate model utilizing linear interpolation and scaling factors, eliminating the need for oracles.

Robust Security and Compliance

• Guardian Protocol Audit: Ensuring top-notch security.
• Gaslite Gas Optimization Audit: Maximizing operational efficiency.

Proven Testnet Success

• Over 500 lending desks created.
• More than 500 loans issued.
• Nearly 5,000 unique users engaged.

Strategic Alliances and Future Roadmap

Magnify Cash collaborates with leading industry partners like LydianLabs, FjordFoundry, Jiraiya, Tailored, Blaize, 4am, and H3AT Studios, amplifying the platform’s capabilities and outreach. Key security audits by Guardian Protocol and Gaslite reinforce Magnify Cash’s commitment to providing a secure and reliable platform.

Currently Live on

• Base Testnet

Exciting Upcoming Launches

• Base Mainnet: Coming Soon (Including RWAs)
• Ethereum Mainnet: Coming Soon (Including RWAs)
• Potential Layer 2 launches: Abstract Chain, Blast Chain, and more.

Fair Launch of $MAG Token

The $MAG token will be launched through Fjord Foundry’s liquidity bootstrapping protocol, ensuring a fair and transparent distribution. The token sale runs from July 23rd, 8:00 PM EST to July 27th, 8:00 AM EST, with over 70% of tokens allocated to the public. This equitable approach encourages broad participation and fosters a strong, engaged community. Active participants, including lenders, liquidity providers, and borrowers, are rewarded with $MAG tokens.

Participation Opportunities

Secure $MAG Tokens: The MAG token sale begins on July 23rd at 8:00 PM EST (July 24th, 8:00 AM Singapore Time). Participants are invited to join the Fair Launch at Fjord Foundry here.

Explore the Ecosystem: Magnify Cash invites interested parties to discover its comprehensive ecosystem by visiting the Website. Access the Pitch Deck, engaging Intro Video, detailed Whitepaper, and technical Documentation.

Engage with Our Community: Magnify Cash encourages joining its vibrant community for real-time updates and support. Follow us on Twitter, join the Telegram group, and participate in discussions on Discord.

About Magnify Cash

Magnify Cash is a non-custodial and permissionless decentralized credit market that empowers users to lend ERC-20 tokens and borrow against non-fungible tokens (NFTs) and Real-World Assets (RWAs) with unmatched flexibility and transparency. Committed to true decentralization, Magnify Cash ensures universal support for ERC-20 tokens as lending currencies and ERC-1155/ERC-721 assets as collateral. The protocol’s innovative approach to on-chain credit markets offers a fresh perspective in the evolving world of decentralized finance.

For more information, users can visit https://Magnify.Cash or follow Magnify Cash on Twitter at X.com/MagnifyCash.

Magnify Media Kit: Link.

Contact

Press Manager
Magnify.Cash
socials@magnify.cash

Majuro, Marshall Islands, July 23rd, 2024, Chainwire

 Multipool, a leading innovator in the blockchain and cryptocurrency industry, today announces a strategic investment from Kronos Research. This investment solidifies Kronos’s stance of on-chain order books being the future of the industry and marks a significant milestone in strategic cooperation between the two companies and their commitment to decentralized finance. 

“We’re absolutely thrilled to be working with Kronos Research, with our expertise in the DeFi sector and the potential of our fully trustless decentralized on-chain orderbook, we envision an eventful future working with some of the best and brightest in the industry at Kronos Research.” Steve Murray, Core Contributor at Multipool.

“At Kronos, we have been leading the charge in liquidity provision, driven by our belief in trustless transactions and their transformative potential. We are thrilled to partner with Multipool to advance the digital asset landscape, providing enhanced solutions for global traders and investors.” Vincent Liu, COO of Kronos Research

The Future of Decentralized Finance

Multipool’s aim of delivering a fully on-chain trustless orderbook to the DeFi industry aligns with Kronos’s vision of democratizing access to compliant advanced financial tools. This marks the first step in a long and fruitful partnership that will bring stability, awareness and access to a suite of full decentralized tools currently in high demand industry wide.  

To learn more about Multipool and its features, users can visit:

Website – www.multipool.finance

Telegram – t.me/multipoolfi

X – https://x.com/multipoolfi 

CMC-Community – https://coinmarketcap.com/community/profile/multipool/

About Multipool

Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in the user’s trading journey with Multipool – The DEX with CEX appeal. 

Website: https://www.multipool.finance/

About Kronos Research

Kronos Research is a technology and data-driven trading firm transforming the digital asset landscape by cultivating a dynamic financial ecosystem with exceptional trading performance, advanced cryptocurrency investment strategies, and extensive liquidity provision capabilities.

Their advanced machine-learning techniques and state-of-the-art trading infrastructure form the backbone of our quantitative trading operations. These enables them to deliver precise data and insights, bolster risk management, develop effective trading strategies, and empower informed investment decisions.

By leveraging our expertise, they strive to foster strong partnerships and deliver significant value through continuous advancement and innovation. 

For further information or media inquiries, users can contact:

Marketing Department

marketing@kronosresearch.com

Website: www.kronosresearch.com

Social Media: [LinkedIn] [Twitter] [Facebook] [Instagram]

Contact

Public Relations Manager
Angie Hermosa
Multipool
press@multipool.finance

Grand Cayman, Cayman Islands, July 23rd, 2024, Chainwire

Sui joins an exclusive list of AWS-integrated blockchains

Sui Foundation, the organization dedicated to the advancement and adoption of the layer 1 blockchain of the same name, today announced the integration of Amazon Web Service’s (AWS) Blockchain Node Runners on Sui, providing developers with a self-managed node deployment solution. 

Through this integration, builders on Sui will be able to easily set up and deploy Sui full nodes within the AWS environment, benefitting from the high availability, scalability, and reliability of AWS’s robust cloud infrastructure. AWS Blockchain Node Runners simplifies the process of running blockchain nodes, allowing users to easily deploy, scale, manage, and monitor secure blockchain nodes. As of today, Navi, a leading liquidity protocol, will be engaged as a Node Runner user to deploy full nodes on Sui. 

Kathryn Van Nuys, Global Head of Startups in Specialized Segments at AWS, said, “AWS Blockchain Node Runners was designed to support builders at all stages of the application lifecycle, offering blueprints to meet specific requirements, from enhanced security and compliance to ease of deployment and monitoring. We are excited to bring these and other features to empower developers to deploy and manage Sui nodes on the AWS cloud.”

Node Runners offers several key technical advantages for deploying blockchain nodes. It provides validated, best-practice deployment templates for scalable node operations across multiple geographies. High availability is ensured through multi-node deployment options across different availability zones. The deployment code is fully open-source and available on GitHub, allowing users to review it before deployment. Integrated with the AWS Well-Architected Framework, Node Runners helps organizations build secure, high-performing, resilient, and efficient node infrastructures. Full nodes on Sui validate on-chain activities such as transactions, checkpoints, and epoch changes, as well as store the stake and history to better service client queries. By offloading query servicing from validator nodes, validators are able to focus on transaction processing and updates to the nodes when new transactions are completed. 

Navi, a leading liquidity on Sui, is one of the first users to engage with Node Runners on Sui, and have deployed their first node via AWS’s service as of today. 

As part of AWS and Sui Foundation’s commitment to empowering Sui builders, developers and startups who utilize AWS Blockchain Node Runners or are building on Sui may be eligible for up to $5,000 in Activate credits. Sui Foundation has also joined the AWS Web3 Provider program, which offers access to tools, resources, content, and credits to Sui developers

Henrik Johansson, Global Head of Community at Sui Foundation, said, “The integration of AWS Node Runners on Sui marks a pivotal advancement to enhancing blockchain infrastructure. Sui nodes are fundamental to the operation and accessibility of Sui. This integration with AWS not only provides developers with more tools to simplify node deployment but also financial support to utilize and develop on AWS.”

For more information on utilizing AWS Blockchain Node Runners on Sui, users can visit https://aws-samples.github.io/aws-blockchain-node-runners/docs/Blueprints/Sui.

Contact

Sui Foundation
media@sui.io

Miami, Florida, July 23rd, 2024, Chainwire

FLOKI, the cryptocurrency ecosystem, announced today that Valhalla, a MMORPG (Massively Multiplayer Online Role-Playing Game) spin on the classic Creature-Collection adventure, will be the Associate Sponsor for India’s Tour of Sri Lanka. 

This partnership will give Valhalla significant visibility through mid-wicket pitch mats, ground LED boards, backdrops, and other high-visibility ground assets.

Floki is the people’s cryptocurrency and the utility token of the Floki Ecosystem. FLOKI aims to become the world’s most known and used cryptocurrency, focusing on utility, philanthropy, community, and marketing.

India will be touring Sri Lanka following their historic T20 World Cup championship win in the USA. The series will commence with back-to-back T20Is on July 27, followed by ODIs starting on August 1, with a two-day gap between each match. The series is expected to attract significant viewership, with estimations predicting a cumulative viewership of 180 to 220 million for both the ODI and T20I series.

Sri Lanka Cricket expressed excitement about the partnership, stating it will bring more visibility and engagement to the sport.

A Media Representative for FLOKI said, “It is with great enthusiasm that we at FLOKI step into a partnership to sponsor the India Tour of Sri Lanka 2024, an arena where the sport’s heart beats as fervently as our dedication to being a cryptocurrency for all.”

“Building on our previous associations with Cricket, FLOKI continues the belief that cricket, like FLOKI, transcends boundaries and unites people from all walks of life. Valhalla gives gamers and fans a realistic platform that they can explore alone or as a clan, partake in a dynamic, player-driven economy to rise in the community ranks, and make their mark in the competitive, animated world mirroring the opportunities cricket provides in the real world. This partnership signifies our commitment to integrating the world of gaming, cryptocurrency, and sports in a meaningful way.”

The series will also mark the first time both teams play under their new coaches, Gautam Gambhir for India and Sanath Jayasuriya for Sri Lanka. The Pallekele International Cricket Stadium will host the T20Is, while the R Premadasa Stadium in Colombo will host the ODIs.

About Valhalla

Valhalla is a spin on the classic Creature-Collection adventure set in a vibrant, lively, MMORPG open-world inspired by Norse mythology. Players interact with a diverse set of eccentric creatures called Veras, discovering, taming, training, and trading them. Alone or as a clan, players partake in a dynamic, player-driven economy to rise in community ranks and achieve tactical supremacy on the hexagonal-grid battlefield.

Website: Valhalla.game

About Floki

Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world’s most known and used cryptocurrency, focusing on utility, philanthropy, community, and marketing. Floki currently has over 490,000 holders and a strong brand recognized globally thanks to strategic marketing partnerships.

For more information, users can visit Floki’s:

Website | YouTube | Telegram | Instagram | TikTok | Discord | Facebook | Reddit | Twitch

Contact

Community Relations Officer
Pedro Vidal
Floki
marketing@floki.com

Miami, United States, July 22nd, 2024, Chainwire

The pseudonymous artist Mr. Black, is about to reveal an Epic 21,000-Piece Ordinal Collection on Bitcoin, proclaiming Divine Inspiration and Potential to Usher in Messianic Age

Mr. Black, the elusive and mysterious artist, is set to release a revolutionary 21,000-piece ordinal collection inscribed on Bitcoin, designed to last for eternity. This monumental project, years in the making, is driven by Divine prophecy received on Thanksgiving Night 2023. According to Mr. Black, God took control of the “Eyes Are Always Watching” art collection, embedding within it a central message: “Fear God, not man.” The collection promises to unveil numerous Biblical and mystical secrets that could alter the course of humanity and bring about the Messianic Age.

Newsworthy for its unprecedented scale and bold claims, Mr. Black’s collection incorporates over 1,000 commands to the Bitcoin protocol. The pieces will be sold through a Dutch auction, with the artist prepared to risk everything for the chance of either hitting the $1 billion mark or ending up with nothing. Details of this high-stakes auction will be announced via X. Mr. Black asserts that this collection will not only transform the art world but also emphasize the primacy of divine reverence over earthly power.

About Mr. Black

Mr. Black is a mysterious artist known for his cryptic global street art. His latest project is a 21,000-piece ordinal collection on Bitcoin, claimed to be divinely inspired after a prophecy in 2023. The collection, “Eyes Are Always Watching,” emphasizes “Fear God, not man” and aims to reveal secrets that could change humanity and usher in the Messianic Age.

Contact

Mr Black
mrblack@theeyesarealwayswatching.com

Hong Kong, Hong Kong, July 21st, 2024, Chainwire

SoMon, a decentralized Web3 forum with a vision to create a space for user-owned content and connections, recently launched its app on Base and has already gained more than 300,000 on-chain transactions in 14 days since its launch, making it the most active and fastest-growing social app in the Web3 space.

SoMon, short for Social Monster, allows users to monetize and create communities (Tribes) around their favorite topics, passions, creators, and fandoms. It is the first app built on OpenSocial Protocol, a composable infrastructure layer for building social applications, and also the first Web3 social app that is truly gasless, allowing it to lower the barrier of entry and onboard users beyond the crypto community. 

Having launched its mobile app on 19 June 2024, around a month ago, it has garnered over 30,000 on-chain registrations in just two weeks. Today, the community is growing rapidly, with over 2 million social engagements among 300+ different Tribes (communities) and its 80,000+ users. 

“Crypto is all about community, but instead of creating communities for users, we want communities to be built by users. SoMon is a user-curated space where people are able to connect with one another while taking charge and reaping the benefits of their own social achievements at the same time,” said Sean Tao, CEO & Co-Founder of SoMon.

SoMon users started minting their own Tribes using various tools and fragmented ownership powered by NFT technology after the new feature was released on 17 July 2024. Users create content, and the platform is monetized through a tool called ‘Megaphone’, allowing users to pay for promotional visibility, with the revenue being redistributed to Tribe owners and stakeholders.

SoMon is currently in its first season, ending on 31 July 2024. In this season, users compete to gain points through interactions and earn badges by climbing to different leagues. At the end of the season, SoMon will officially launch its community token, $OwO, which will be airdropped to the community at the end of the first season, with the first airdrop releasing 3% of its total supply this 1 August 2024, and 1% of its total supply for the subsequent seasons.

During upcoming seasons, SoMon is focused on activating the community economy via Tribe Summer campaign for users to create and engage with their bot-free community.

About SoMon

Social Monster (SoMon) is an open topic-based Web3 social app forum powered by OpenSocial Protocol. It serves as a space where users can create vibrant and engaging communities (Tribes) centered around their passions and fandoms. SoMon ensures that Tribes, content, and social connections are wholly owned by users. 

Contact

Public Relations Manager
Kelvin Yeo Jun Hao
Everest Ventures Group
kelvin.yeo@evg.co

Taiwan, Taiwan, July 18th, 2024, Chainwire

• BNB Chain is thrilled to unveil the Q3, 2024 hackathon themed “Become A Champion Builder” hackathon.
• Projects have the chance to win $500,000+ in rewards.
• Quarterly sponsors of the hackathon include StakeStone, Myshell, Hacken. 

BNB Chain is thrilled to unveil the “Become A Champion Builder” hackathon, set to be a pivotal event in the blockchain industry. This hackathon aims to drive innovation and collaboration, inviting both seasoned developers and newcomers to showcase their skills and creativity.

The BNB Chain Hackathon 2024 Q3 provides a unique platform for participants to contribute to the future of blockchain technology. With a robust support system and exciting challenges, this hackathon is designed to ignite the spirit of innovation.

We extend our heartfelt gratitude to our sponsors for their unwavering support. Their contributions are instrumental in making this hackathon possible:

• Our Q3 hackathon sponsors: StakeStone, Myshell, Hacken. 
• And, our annual sponsors: Polyhedra Network, Dora Factory, DEGO Finance, TUSD, Sonorus and THENA.

Participation is straightforward. Follow these steps to join the hackathon:

• Prepare: Mark your calendar with the key dates listed below.
• Develop: Start building your project. 
• Submit: Submit your project here. You may submit your project between July 31 and August 15, 2024.

The hackathon will feature three challenge categories – Wishlist, Imagination, and Sponsor.

• Wishlist Challenge: Developers can choose any challenge from BNB Chain’s wishlist.
• Imagination Zone: Develop without restrictions; just describe your ideas in detail.
• Sponsor Challenge: Complete challenges set by sponsors to earn rewards.

To foster deeper connections with developers, we are organizing a Hacker House event. Stay tuned for the schedule announcement on our official X.

Winning projects have a chance to win $500,000+ in rewards including:

• $50,000 winner prize pool (The top 3 get $15,000, $10,000, and $5,000, respectively).
• $10,000 for honorable mentions
• $60,000 for milestone reward.
• A total of $300,000 in kickstart packages ($50,000 each).
• Sponsor Challenge Track: over $100,000 

Following the hackathon, the winners will receive:

• Upto one month of incubation from BNB Chain, including 1-to-1 technical support.
• Increased opportunities to join the MVB program.

The key dates for the BNB Chain “Become A Champion Builder” are as follows:

• Workshop: 2024.7.23 – 2024.08.08
• Submission: 2024.7.31 – 2024.08.15
• Top 10 Demo: 2024.08.28
• Winner Announcement: 2024.09.02
• Incubation: 2024.09.02 – 2024.10.02

For any questions or assistance, users can reach out to us through BNB Chain Discord. BNB’s team is here to support its users 24/7.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:

• BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.
• opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.
• BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.

Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.

For more, users can follow BNB Chain on X or start exploring via DappDay.

Contact

BNB Chain
press@bnbchain.org

New York, New York, July 18th, 2024, Chainwire

XION’s groundbreaking chain abstraction Web3 technology enables EarnOS to transform digital advertising, driving unprecedented user engagement and brand awareness for global companies.

XION, the first blockchain purpose-built for mainstream adoption through chain abstraction, announced the massively successful beta launch of the EarnOS platform which included a prominent ridesharing application, clothing, and accessory brands which together command a market capitalization exceeding $165 Billion. The initial campaign showcased how XION’s chain abstraction technology enabled EarnOS to build a platform that revolutionizes user acquisition, engagement, and rewards in the digital advertising space.

The EarnOS launch on the XION blockchain saw remarkable results, with over 200,000 verified users participating and more than 1,300,000 unique brand interactions ranging from social media acquisitions, bespoke advertisement campaigns, immersive augmented reality experiences and more. Participating brands overall achieved a 9000% boost in brand awareness coupled with significant growth on social media platforms.

These impressive metrics have prompted the aforementioned ridesharing company to substantially increase its planned spending on the EarnOS platform, which is disrupting the $1 Trillion digital advertising market through novel economic incentivization models. By leveraging XION’s advanced chain abstraction technology, the platform enables brands to acquire, reward, and engage users globally through targeted advertising actions in ways previously not possible.

“We’re seeing the future of Web3 unfold, where blockchain technology becomes accessible to mainstream audiences, opening up massive customer bases for participating brands,” said Burnt Banksy, Founder of XION. “The success of the EarnOS launch demonstrates XION’s unique ability to enable true consumer-facing applications and drive mainstream adoption by fully abstracting away crypto complexities.”

Key to EarnOS’ user-friendly experience is XION’s chain abstraction infrastructure. Users can log in with their email and interact seamlessly across all devices, without the need for seed phrases, plugins, wallets, gas fees, popups, or complex transaction signing. Additionally, global USDC micropayment rails enable advertisers to reach wider audiences through innovative economic incentives. This breakthrough in user experience, coupled with the power of blockchain technology, can position EarnOS and XION at the forefront of the next generation of mainstream-ready Web3-powered applications.

About XION

XION is the first layer one blockchain purpose-built for consumer adoption through crypto abstraction. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION enables secure, intuitive, and seamless user experiences. The project has previously raised over $36M from top-tier investors, including Animoca, Circle Ventures, Multicoin, Draper Dragon, Spartan, and more.

To learn more about XION, users can follow @burnt_xion on Twitter, subscribe to the XION Blog, or visit xion.burnt.com.

Contact

M Group Strategic Communications
burnt@mgroupsc.com