Dubai, United Arab Emirates, October 3rd, 2024, Chainwire
Bitunix, a fast-growing derivatives exchange, has officially listed Catizen’s Token (CATI) on its spot market on September 20, 2024. This listing marks an important milestone in CATI’s growth, following its successful adoption on several major platforms. For Bitunix, this move is yet another step in its ongoing mission to provide a diverse and innovative trading experience.
Bitunix Welcomes Catizen: Expanding Play-to-Earn Offerings
Catizen is a viral Telegram-based game where players can earn Catizen coins by building and managing a virtual cat city. In their city players can build structures, upgrade infrastructure, and manage the well-being of their residents. The game sets itself apart with its play-to-earn model, where players can turn in-game coins into real cryptocurrency tokens through airdrops on The Open Network (TON). This element provides tangible rewards opportunities for players while enjoying the game
As for tokenomics, CATI has a total supply of 1 billion tokens, of which 43% are allocated for airdrop and ecosystem development, so that community members and early adopters have the chance to be rewarded for their participation and contributions to the growth of the project.
Source: Catizen Whitepaper
Since its launch in March 2024, the game has grown quickly on Telegram, with over 40 million on-chain users in total and 2.6 million daily active players. The game’s increase in popularity is driven by its design and the increasing demand for Web3-based crypto games. The team also plans to drop new features as part of the projected growth in the Metaverse and NFT sectors.
Responding to Demand: CATI Listing Enhances Trading Opportunities on Bitunix
Bitunix recognized the demand for this popular token and by taking this step, it gives traders access to a promising token that is gaining traction in the market. This move is part of Bitunix’s broader effort to respond to user demand for tokens with genuine utility and growth potential while offering top-tier security and low fees.
The listing of CATI meme coin on the spot market is a strategic move, aligning with Bitunix’s mission to offer users many opportunities. As a fast-growing crypto derivatives exchange, this latest addition enriches Bitunix’s growing portfolio and follows the platform’s strategy of aiding traders with access to a wide variety of tokens.
About Bitunix
Founded in 2021, Bitunix is one of the fastest-growing crypto derivatives exchanges in the world, achieving millions of users around more than 100 countries in just one year, and already offering over 250 coins for trading. Recently, major exchange rankings like CoinGecko have positioned it in the global Top 15 (by trusted rate).
Bitunix offers unique features that make it the most advanced crypto trading platform in the world (such as multi-window systems where the user can trade simultaneously on up to 8 different charts).
Thus, ease, security, and transparency are the main reasons why traders choose Bitunix for their daily trading, with advantages such as: Leverage up to x125, deep liquidity, lower trading fee, 24/7 customer support, reserve verification/audits, and a strong adherence to regulatory compliance.
Website | Telegram | X | LinkedIn
Contact
COO
KX WU
Bitunix
kx.wu@bitunix.io
Hong Kong, Hong Kong, October 2nd, 2024, Chainwire
For 13 years, the AADS ad network has enabled publishers to monetize website, blog, and media traffic in cryptocurrency. Game-changing technologies make the platform a solution not only for large sites but also for smaller ones, as there is no entry threshold. At the same time, AADS offers advertisers the opportunity to promote their projects with a low CPM by depositing cryptocurrency or using a bank card.
The ad network offers a comprehensive suite of solutions for publishers:
- Free sales department: AADS attracts advertisers to publisher’s site through managers and automated technologies
- Free ad moderation according to AADS ad policy or specific conditions publisher set
- Support for publisher and publisher’s advertisers 24/7
- Free advertising creatives for major publisher’s advertisers
- Full control over displayed ads: publisher can block ads it doesn’t like at any time in the account settings
Moreover, the crypto ad network is a highly effective method of traffic monetization, and here’s why:
The ad network operates on an auction-like principle. Advertisers essentially compete for the traffic of the targeted site, and the one with a higher CPD (cost per day) gets a larger share of the traffic.
This approach doesn’t guarantee a stable CPM for the publisher but allows earnings. There’s no income ceiling for publishers in the network, which has been recognized by top industry sites preferring AADS over other networks.
By embedding an ad unit (simple HTML code), the publisher gets a fully filled ad space that never remains empty, distinguishing AADS from other networks.
Moreover, it can be beneficial for publishers to attract more advertisers to their site. With AADS’s unique technology embedded in the network’s banners, publishers need no extra effort. The “Advertise here” button invites advertisers to join the network and launch ads targeting the site where the banner is placed or other sites in the network.
The publisher can potentially earn additional income from every advertiser they attract, not only to their site but to the advertising network as a whole.
Currently, the network already has over 3000 active publishers and 6000 ad placements. Among the publishers, users can find platforms like Dexscreener, Poocoin, Dexview, Apespace, and others.
The ad network supports Lightning, allowing users to withdraw funds instantly with low fees.
Users can create an ad unit and start working with AADS in just a few minutes without registration.
About AADS: Crypto Advertising Network Since 2011
Since company establishment in 2011, AADS has proudly served thousands of clients worldwide. Advertisers in the AADS ad network gain access to platforms worldwide and receive converting target audiences with a low CPM. The network is ideal for promoting crypto, trading, and gambling topics. More than 20 popular cryptocurrencies and bank cards are accepted for payment. It’s also possible to make deposits and withdrawals quickly through Lightning with minimal fees.
AADS’s expertise lies in efficient traffic monetization, achieved through innovative solutions for automated ad control. With AADS, publishers can potentially earn with no income cap. The ad network provides a free manual ad moderation service, ensuring a large pool of advertisers and high ad fill rates for publishers. The technology embedded in AADS banners allows publishers to attract new advertisers to their site effortlessly.
For more details and information about AADS, users can visit AADS’s official Website | Twitter | Telegram
Contact
Chief Marketing Officer
Anna Trifonova
AADS
a.trifonova@aads.com
Zug, Switzerland, October 2nd, 2024, Chainwire
Poland’s second-largest bank, Pekao S.A., used the Aleph Zero L1 blockchain to tokenize and preserve internationally renowned Polish artworks.
Bank Pekao, Aleph Zero, and Degen House are proud to announce the launch of Archiv3, a project to tokenize and preserve Polish cultural heritage on the Aleph Zero blockchain, with digital reproductions securely stored in the Arctic World Archive (AWA). This initiative combines blockchain technology with a commitment to cultural preservation, ensuring the safekeeping of Poland’s artistic legacy for future generations.
With Archiv3, Bank Pekao becomes the first universal bank to tokenize historical art specifically for preservation purposes. This initiative follows the bank’s earlier “Unique” project, marking its role in integrating blockchain technology with traditional banking. It also highlights the bank’s ongoing commitment to modernizing its services and expanding the reach of digital assets. Notably, Archiv3 is the first project to tokenize artworks for long-term storage in the Arctic World Archive, known as the “Doomsday Library.” In its press release, Bank Pekao pointed out that the deciding factor in using the Aleph Zero blockchain has been not only its speed and security but also its attention to optimizing for a low carbon footprint and its carbon offset program.
“We have chosen Aleph Zero for their privacy-focused, top-class technology combined with sound experience in cooperation with large institutions,” says Michał Walęczak, Director of the Private Banking Strategy and Development Department at Bank Pekao S.A. “Minimal carbon footprint as well as low storage costs were also important factors in our decision-making process. Tokenization of art requires modern and flexible technology, unforced creativity and some out-of-the-box thinking; these features we were happy to find in co-operation with Aleph Zero.”
ARCHIV3 involves the meticulous digitization of masterpieces from iconic Polish artists, such as Jan Matejko, Stanisław Wyspiański, Wojciech Kossak, and others, facilitated by Degen House, the bank’s technological partner, who also managed the Aleph Zero integration. The process began with the creation of high-quality, museum-grade 3D scans using ultra-sensitive cameras, which capture every detail of the original artworks. These digital replicas were then minted as NFTs on the eco-friendly Aleph Zero blockchain, which ensures minimal carbon footprint during the process. The tokenized versions are subsequently archived in the Arctic World Archive, where they are expected to remain secure for at least 1,000 years.
The artworks in the Archiv3 collection span a range of historical periods, primarily featuring 19th-century works and select modern pieces, such as those by contemporary artist Lia Kimura. This initiative aims to preserve these treasures not only for their cultural and historical significance but also as a resource for future study, conservation, and potential virtual exhibitions.
Preserving Art for Future Generations
The Arctic World Archive, located on the remote Svalbard archipelago, serves as a highly secure data vault designed to protect invaluable cultural, historical, and scientific information from natural disasters, cyber threats, and other risks. Established in 2017, the archive uses advanced storage technology to ensure data longevity without the need for electricity or human intervention, making it one of the safest places in the world for preserving irreplaceable records.
The AWA already houses manuscripts from the Vatican Library, documentation from UNESCO and UNICEF, the entire GitHub code repository, as well as literary works by Nobel Prize laureates Olga Tokarczuk and Wisława Szymborska. Bank Pekao is the first financial institution to archive culturally significant artworks at the AWA, while doing the same using decentralized storage, setting a precedent for how blockchain technology can be used to bridge traditional art with new digital solutions.
For any enquiries about this release, please contact josh@serotonin.co
About Aleph Zero
Aleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero knowledge proofs, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs.
For more information, users can visit https://alephzero.org/
About Bank Pekao S.A.
Bank Pekao S.A., founded in 1929, is one of the largest financial institutions in the Central and Eastern European region and the second-largest universal bank in Poland with assets of 316 billion PLN. With the second largest branch network, Bank Pekao serves 6.9 million customers. As a leading corporate bank in Poland, it serves every second corporation in Poland. Its status as a universal bank is based on its leading market position in private banking, asset management, and brokerage activities. Bank Pekao’s diversified business profile is supported by a leading market balance sheet and risk profile reflected in the lowest risk costs, strong capital ratios, and resilience to macroeconomic conditions (Pekao proved to be the most resilient bank in Europe, ranking first in the stress tests conducted by the EBA in 2023 amongst 70 banks). Since 1998, Bank Pekao has been listed on the Warsaw Stock Exchange and participates in several local (including WIG 20 and WIG) and international indices (including MSCI EM, Stoxx Europe 600, and FTSE Developed). Pekao is one of the most dividend-paying listed companies in Poland over the past 10 years, paying out a total of approx. 20 billion PLN over a decade.
About Degen House
Degen House is a full-stack blockchain solutions provider with a proven track record of collaborations spanning major CEE banks and top global blockchain ecosystems. The company offers comprehensive end-to-end solutions, from strategic consulting and product development to targeted marketing and sales.
Contact
PR Manager
Josh Adams
Aleph Zero
josh@serotonin.co
Frankfurt, Germany, October 2nd, 2024, Chainwire
Mpeppe (MPEPE), a cryptocurrency project merging online gaming and decentralized finance (DeFi), has reached a significant milestone with its presale exceeding the $3 million mark. Alongside this achievement, Mpeppe (MPEPE) has launched an exciting new gaming platform on Telegram, offering users a fun and interactive experience while earning rewards. With the Mpeppe Casino on the horizon and the MPEPE30 promo code for early participants, Mpeppe (MPEPE) is aiming to establish a presence in the online gaming and cryptocurrency space.
Mpeppe (MPEPE) Achieves $3 Million Presale Milestone
The Mpeppe (MPEPE) presale has now surpassed $3 million, marking a significant achievement for the project. Mpeppe (MPEPE) sees this milestone as a reflection of growing investor confidence and excitement surrounding Mpeppe (MPEPE)’s innovative approach to online gaming and decentralized finance (DeFi). The success of the presale signals strong community support and positions Mpeppe (MPEPE) for further development and growth as the project moves toward launching its much-anticipated gaming and casino platforms.
Mpeppe (MPEPE) Releases New Gaming Platform on Telegram
Mpeppe (MPEPE) has also launched a new gaming platform integrated with Telegram, providing users with a decentralized application (DApp) to participate in games while earning Mpeppe tokens as rewards. The platform’s accessible design allows users to engage directly with the ecosystem. To incentivize early participants, the MPEPE30 promo code is now live, offering a 30% bonus on token purchases for a limited time.
Mpeppe Casino: Revolutionizing the Crypto Gaming Industry
Mpeppe (MPEPE) is preparing to introduce the Mpeppe Casino, a blockchain-powered gaming platform that will enable users to wager using MPEPE tokens. Mpeppe (MPEPE) has combined the viral appeal of meme culture with the growing popularity of cryptocurrencies in online gambling, creating a unique and engaging casino experience. The platform will offer the chance to win instant rewards, enabling players to enjoy timely payouts and reduced transaction fees through the use of blockchain technology. With Mpeppe (MPEPE), players will experience enhanced privacy, security, and a frictionless gambling experience.
30% Bonus Promo for Early Participants
To celebrate the launch of the new Telegram gaming platform, Mpeppe (MPEPE) has introduced the $MPEPE30 promo code, which offers users a 30% bonus on their tokens when they join early. This promo code is designed to reward early participants and encourage engagement within the Mpeppe (MPEPE) community.By utilizing the $MPEPE30 bonus, users have the opportunity to increase their holdings and earning potential as they engage with the platform.
Mpeppe (MPEPE): Meme Power and Blockchain Driving Gaming Revolution
With the presale hitting $3 million, the release of the new Telegram gaming platform, and the upcoming launch of the Mpeppe Casino, the Mpeppe (MPEPE) team aims to make a significant impact in the online gaming and cryptocurrency space. The viral influence of meme culture, combined with the advantages of blockchain technology, has positioned Mpeppe (MPEPE) as a project to watch.
About Mpeppe (MPEPE)
Mpeppe (MPEPE) combines elements of cryptocurrency, decentralized finance, and online gaming to offer a unique platform for users. By integrating blockchain technology into its gaming services, Mpeppe seeks to create secure, efficient, and rewarding experiences for its users.
For more information on the Mpeppe (MPEPE) Presale users can visit Mpeppe (MPEPE)
Users can join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Mpeppe (MPEPE) 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.
Contact
Pepe Guardiola
Support@mpeppe.io
Grand Cayman, Cayman Islands, October 2nd, 2024, Chainwire
Sui becomes the first blockchain to enable the most secure modern alternative to the Border Gateway Protocol
Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced that it will be the first blockchain to provide validators with a comprehensive defense against Internet routing attacks that have caused significant downtime on other networks, addressing the risks to Web 3.0 at the layer of the underlying Internet infrastructure and fortifying what is already the most secure and reliable Layer 1 blockchain, with 100% uptime since its mainnet launch. The new infrastructure is based on a networking technology called SCION and is currently live on Sui’s testnet.
The protocol that routes data packets between the independent networks that form the Internet is called Border Gateway Protocol (BGP) and was created in the late 1980s. At that time, achieving scalable global routing was the main focus, without consideration for security. Since then, the Internet has become much more important and dangerous, but unfortunately, the security of BGP has not kept pace with the increasing risks.
The current lack of security enables malicious actors to reroute traffic toward their own infrastructure and then either drop it, or worse, impersonate the intended communication partners. For example, in 2018, attackers rerouted DNS traffic and redirected visitors of MyEtherWallet to their own servers – stealing over $17 million in Ethereum. Notably, the attackers didn’t just take on any small DNS server but AWS’s Route 53 service, one of the world’s largest DNS services. In 2022, an attack on KLAYswap was possible despite the fact that KLAYswap followed security best practices. Simply rerouting traffic allowed the attacker to bypass state-of-the-art security protocols DNSSEC and TLS.
So far, no blockchain has a comprehensive defense against this class of attacks. Sui will be the first blockchain to integrate SCION, which is a next-generation network architecture that solves these major vulnerabilities. Importantly, the principals from the team of Swiss researchers that invented SCION have brought their unique knowledge and skills to Mysten Labs – forming the core of the team implementing this critical infrastructure technology for Sui.
“SCION is the security layer that the Internet desperately needs: it is built from the ground up with security in mind,” said George Danezis, Co-Founder and Chief Scientist at Mysten Labs. “With the integration of this technology, Sui will be the first blockchain to provide validators with access to a next-generation internet that is cryptographically protected against attacks”
The SCION technology being implemented on Sui’s network is an Internet architecture, which, like today’s Internet, coordinates multiple smaller networks. However, on Sui, SCION radically alters the way the Sui network will find paths toward external destinations and leverages cryptography to ensure that it cannot be influenced by unauthorized parties. This renders the type of attacks described above ineffective against Sui.
Implementing SCION arms Sui with unique resilience to network hijacking attacks and the ability to fall back from one network to another results in:
- More resilient consensus participation. For individual validators on Sui, the ability to fall back from one network to another in the event of attacks against either network will mean higher resilience to network attacks that attempt to take the validator offline—an event which can impact epoch rewards.
- More available state-sync. For full nodes on Sui, this means higher available connections to their syncing full nodes or validators, offering an alternative to retrying other, possibly more distant nodes, and the ability to circumnavigate network bottlenecks.
- Robustness in the case of IP DDoS attacks. In the event of IP DDoS attacks, in which it is targeted by an attack utilizing multiple sources of attack traffic, Sui will be able to prioritize communication over SCION instead of over IP, rendering the attack against the validators ineffective.
In contrast to the Internet Protocol (IP), which is used to send and forward packets in the current Internet, a SCION-enabled Sui node can select among multiple paths towards the intended destination and encode their choice in the packet’s header. SCION’s support for the simultaneous use of multiple paths allows Sui nodes to serve different types of traffic over different paths, such as assigning consensus and sync to different network paths with different properties.
In addition to the security benefits it provides, by employing SCION’s new packet-forwarding protocol, Sui enables new control for end hosts that also further improves the networks already industry-leading speeds. Experiments with the SCION-enabled network showed that the latency between distant nodes could be reduced by over 10%, through automatic path choice and optimization available via SCION-enabled Sui nodes.
The steps to SCION-enable a Sui node, in brief, involve obtaining a SCION connection from a SCION-enabled Internet service provider or network operator and running a SCION network appliance that is accessible by the Sui node (e.g., colocated with the node or on a separate host). As the SCION network is running side-by-side with the Internet, network connectivity is achieved on Sui if either IP or SCION connectivity is operational – achieving an unprecedented level of availability. Consequently, the new infrastructure further enhances Sui to become the prime blockchain for critical infrastructure use cases.
The SCION infrastructure was established in collaboration with Anapaya Systems, which was responsible for building the router software and other tools necessary for the Sui SCION network implementation, Cyberlink and InterCloud, which operate the global SCION infrastructure interconnecting the Sui validators, and Martincoit Networks, which helped design and coordinate the rollout of the SCION/Sui project. Karrier One is providing SCION network connectivity in Canada and beyond, and is building up SCION-enabled data center hosting services. The SCION Association, which recently welcomed Mysten Labs as a member, was involved as the organization responsible for propagating the technology.
Contact
Sui Foundation
media@sui.io
Cayman Islands, Grand Cayman, October 2nd, 2024, Chainwire
The Nibiru Foundation launches Nibiru Ventures, a strategic venture arm dedicated to supporting blockchain projects building natively in the Nibiru ecosystem. Through funding and guidance, Nibiru Ventures will cultivate the next generation of builders and help bring their application visions to market.
Product and operational support are vital, but capital introductions and commitments have emerged as the most commonly requested resources from founders building applications. Whether targeting multi-chain expansion or building exclusively on Nibiru, product integration comes with costs in the form of developer time and salaries spent.
“Nibiru Ventures was created to overcome the challenges faced by ecosystem dApp founders and expand the scope of the services that Nibiru provides, offering upfront funding and broad support to accelerate their journey,” says Nibiru Chain COO Jonathan Chang.
Chang emphasized that Nibiru Ventures hopes to mitigate the upfront risk associated with integrating an application to a new chain while ensuring alignment with Nibiru, and without enforcing chain exclusivity. On top of this, the team offers guidance on entity formation, pitching, fundraising, go-to-market strategy and technical assistance.
Nibiru Ventures Investment Strategy
Ideas are abundant in the Web3 space, but the path to widespread adoption requires applications that deliver tangible utility. Nibiru Ventures is focused on supporting consumer-facing applications that naturally drive meaningful interest and engagement, in contrast to more esoteric infrastructure projects.
Typical investments focus on pre-seed and seed-stage rounds and priority is given to those with shorter time-to-market. Key areas of focus include pioneering models of decentralized exchanges (DEXs), lending, derivatives, and vaults for structured products.
“For Nibiru Ventures, these sectors are considered particularly promising due to their alignment with patterns of historical adoption, parallels to successes in Web2, and a solid base of existing technology to build upon,” explains Nibiru co-founder, Unique Divine.
To date, one of Nibiru Ventures’ significant investments was made in LayerBank, a decentralized multi-chain lending platform looking to become a liquidity hub across EVM-compatible Layer 2 and rollup chains. With $675+ million USD in total value locked (TVL) and growth potential, LayerBank will introduce cross-chain lending functionality in Q4 2024. This innovation will consolidate fragmented liquidity across various Layer 2s into a unified liquidity pool.
To learn more about the application process for Nibiru Ventures and to apply for funding, readers can visit the application form. By applying, projects gain the opportunity to join a carefully curated portfolio. Nibiru Ventures seeks to partner with forward-thinking founders and teams to drive positive growth in Web3.
About Nibiru
Nibiru Chain is a smart contract ecosystem with a high-performance, EVM-equivalent execution layer (Nibiru EVM). The Nibiru blockchain is engineered to meet the growing demand for versatile, scalable, and easy-to-use Web3 applications. Having secured $20.5 million in strategic and seed funding rounds, Nibiru is backed by investors, including NGC Ventures, HashKey Capital, Kraken Ventures, and Tribe Capital.
Contact
Nibiru Chain
media@nibiru.org
Zug, Switzerland, October 1st, 2024, Chainwire
Energy Web’s innovative app enables EV owners to decarbonize charging sessions with renewable energy
Energy Web is proud to announce the beta launch of AutoGreenCharge, a mobile app designed to decarbonize electric vehicle (EV) charging. With AutoGreenCharge, users can ensure that every EV charging session is powered by renewable energy. The app is accessible to owners of popular electric vehicles, including Tesla, BMW, Mercedes, and others, bringing the promise of green charging to a worldwide, mainstream audience.
Powered by the decentralized technology of Energy Web’s EnergywebX and secured by the Polkadot blockchain, AutoGreenCharge offers a simple, secure, and verifiable solution to ensure EV charging is not just electric, but 100% renewable. By integrating renewable energy certificates (RECs), the app will automatically match EV charging sessions with clean energy, providing verifiable green charging in real time. While in the beta phase, users can familiarize themselves with the app’s core features and experience the future of EV charging firsthand.
AutoGreenCharge allows EV owners to easily connect their vehicles through a partnership with Smart Car. Once connected, every charging session is automatically tracked, giving users detailed insights into their energy consumption and environmental impact. As the app evolves toward full production, users will be able to retire real renewable energy certificates with each charging session, ensuring their cars are powered by clean, sustainable energy sources. Additionally, they will have the option to specify preferences for the type and location of renewable energy, offering personalized access to solar, wind, and other clean energy sources from around the globe.
Mani Hagh Sefat, CTO of Energy Web, shared, “AutoGreenCharge represents a major step forward in the electrification and decarbonization of transportation. By providing EV owners with a seamless way to ensure their cars are charged with renewable energy, we’re empowering drivers to make more sustainable choices and actively contribute to the global energy transition.”
AutoGreenCharge’s integration with the Polkadot blockchain ensures that every transaction and certificate retirement is securely recorded and verifiable, enhancing transparency and trust in the system. This cutting-edge app is a key development in the broader mission to build a more resilient, efficient, and sustainable energy system.
With the beta version now available, EV owners are encouraged to download the AutoGreenCharge app and start participating in this transformative initiative. The app can be easily found on the testflight Apple and Google Play Stores. As the app moves towards its full production release, users will play a crucial role in refining its features and improving the future of green charging.
For more information, users can visit Energyweb.org
About Energy Web
Energy Web is driving the global energy transition through cutting-edge, open-source, decentralized software solutions. By leveraging blockchain technology, we create new market mechanisms and decentralized applications that empower energy companies, grid operators, and consumers to actively shape their energy futures. Our mission is to build a more resilient, efficient, and sustainable energy system for all.
Contact
Jonathan
jonathan@distractive.xyz
Zug, Switzerland, October 1st, 2024, Chainwire
The MYTH Airdrop Distributes Rewards to Polkadot Users in a Large and Transparent Airdrop Event
Yesterday, the Polkadot DAO and Community commenced distributing an airdrop of 10 million MYTH tokens to over 450,000 Polkadot (DOT) wallets as an inaugural, collaborative action between the Mythos and Polkadot ecosystems.
The airdrop follows the previously announced collaboration between the two entities and is a historic milestone in the industry leaders’ successes at the forefront of blockchain gaming and Web3 innovation. Users can claim their rewards and “teleport” their tokens to the Mythos Chain via the airdrop portal at https://airdrop.mythos.foundation, transforming the airdropped tokens to native MYTH, which powers the Mythos gaming chain.
The airdrop distribution began on Sep. 30th and will conclude within seven days.
Airdrop Overview
This airdrop is more than just a distribution of tokens—it’s the product of several rounds of feedback from the Polkadot community, making it the most transparent airdrop ever created. The airdrop was refined with input from the Polkadot community, including input from key Polkadot ecosystem stakeholders and leaders from organizations including Scytale Digital, The Kusamarian, OpenGov.Watch, ChaosDAO, PermanenceDAO, and BlockDeep Labs.
The airdrop was constructed and published via Dune Analytics, led by blockchain services firm Colorful Notion, with an audit conducted by Parity Technologies, allowing full transparency and community insight throughout the process.
Users can login to the airdrop portal on desktop (mobile support coming soon) and claim the MYTH to a native Mythos chain address. With MYTH users can begin operating on the Mythical Marketplace, transacting on the Mythos chain and readying themselves for further incentives expected to be announced in the coming weeks. The 10 Million MYTH airdrop is also intended to complement the ongoing Mythical Forest campaign, in which holding native MYTH tokens gives users a multiplier effect on rewards, allowing them the chance to earn from a 2 million MYTH token pool incentivizing social tasks and quests.
Airdrop Criteria Looking to Reward the Most Active Users
The goal of the two campaigns is to spure participation, with the currently live Mythical Forest Campaign focused on social quests and the MYTH airdrop focusing on rewarding active Polkadot users—those who have engaged in core activities like staking, voting in governance, and executing cross-chain (XCM) transactions; Polkadot’s signature feature that highlights its unparalleled interoperability. A total of 128,796 active wallets are receiving rewards, with individual wallets receiving up to 1,337 MYTH based on their level of engagement.
Users who had participated more actively saw a significantly higher share of the rewards pool. For example:
- If one had staked their DOT, they could have received additional MYTH tokens.
- If one had engaged in cross-chain transactions (XCM)—Polkadot’s unique feature allowing seamless transfers across different chains.
- Even more rewards were available for voting in Polkadot’s governance system (OpenGov) and participating in crowdloans.
This airdrop incentivizes both active and passive participants in the Polkadot ecosystem, rewarding those who have fully embraced Polkadot’s unique advantages. For users who simply held DOT but didn’t actively participate, 347,885 “inactive” wallets still received MYTH tokens, ensuring everyone with a stake in Polkadot benefited from this community-driven initiative. In both cases the wallet must have held between 10 DOT and 5000 DOT at the time of snapshot.
The MYTH token: Expanding Across Chains
The Mythos blockchain gaming ecosystem, in collaboration with and support of Mythical Games, is demonstrating the power of multi-chain interoperability with the Mythos chain and MYTH token, which is now supported across four blockchains, three of which are secured by Polkadot:
- Mythos – The native blockchain of the Mythos blockchain gaming ecosystem. Users can interact with projects like the Mythical forest campaign by holding their MYTH here. [
- Hydration – Polkadot’s leading DeFi chain and most advanced decentralized exchange.
- Ethereum – Home of the MYTH ERC20 token, which can be bridged to the Mythos chain via Snowbridge.
- Asset Hub – A Polkadot system chain, which acts as the focal point of liquidity entering the Polkadot ecosystem and a hub to connect all parachains.
This multi-chain capability reinforces Mythos’ commitment to being chain-agnostic, aligning with Polkadot’s vision of interoperability across blockchains. Users are able to access and manage their tokens through all major ecosystem wallet UIs including Nova Wallet and SubWallet for mobile users, as well as Talisman and SubWallet on desktop, with initial support for the airdrop portal coming from Talisman and SubWallet on desktop devices.
Future Campaigns and Gaming Incentives
In addition to the current campaigns, the Mythos Foundation has reserved millions of additional MYTH tokens, for community building, gaming incentives and more, available to those with active accounts on the native Mythos Chain. An additional reserve will be used to drive long-term engagement of token holders and gamers.
More on the Mythical Forest Campaign: 2 Million MYTH Tokens Up for Grabs
Running alongside the airdrop is the Mythical Forest Campaign, where participants can complete social tasks and earn points towards a 2 million MYTH token rewards pool. The more tasks completed, the more MYTH tokens participants can claim, making it an exciting opportunity for the entire Web3 community. Holders of native MYTH tokens are further incentivized with bonus rewards.
For full details on the airdrop criteria, including to confirm eligibility, readers can visit https://dune.com/substrate/mythos.
About the Mythos Foundation:
The Mythos Foundation is primarily responsible for the governance and development of the MYTH token and its ecosystem. It oversees initiatives and partnerships aimed at expanding the adoption of blockchain technology in gaming, including managing token distribution and supporting gaming incentives. It emphasizes the broader ecosystem, governance, and strategic partnerships, such as the collaboration with Polkadot for token swaps and airdrops.
For more information on the Mythos Foundation, readers can visit https://linktr.ee/mythostoken.
Contact
Jonathan Duran
Jonathan@distractive.xyz
Grand Cayman, Cayman Islands, October 1st, 2024, Chainwire
The Move-based protocol becomes the 8th largest blockchain by Total Value Locked, amid USDC integration and thriving developer ecosystem
Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, has crossed the $1B mark in Total Value Locked (TVL), based on publicly available data from DeFiLlama. Leveraging the network’s public goods, like its innovative central limit order book, DeepBook, Sui’s TVL has grown over 2700% over the past twelve months.
Data from DefLlama shows the rapid advance of Sui’s DeFi TVL
The leading Layer-1 blockchain that was created by the team that led Meta’s Diem crypto project is now the 8th largest chain as measured by TVL, after locking more value in its ecosystem than established protocols such as Polygon, and Optimism. This latest achievement signals a burgeoning demand that is strengthening the entire Sui DeFi ecosystem including leading lending protocols on the network, NAVI, Suilend and Scallop Lend and decentralized exchanges, Cetus and Aftermath.
With over $400 million in stablecoins and a top 10 ranking in weekly DEX trading volume, Sui recently announced with Circle that it joined an exclusive shortlist of non-EVM chains to natively support the USDC stablecoin and its Cross-Chain Transfer Protocol (CCTP) on the network.
“Sui is the fastest-growing DeFi ecosystem and it’s thriving!” said Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, which developed the Sui Network. “In the past year, Sui has attracted an influx of builders whom Sui has enabled to create applications that they simply can’t build on any other blockchain.”
Since its mainnet launch, Sui has been rapidly growing its presence in a number of areas. As a secure and scalable platform for building the future of intelligent assets, Sui has already become a premier destination for application builders in gaming, DeFi, memecoins, as well as real-world applications such as 3D printing and tokenized securities. In September, Mysten Labs unveiled its SuiPlay0X1 handheld gaming device, which sets a new standard in both the Web3 and traditional gaming industries by enabling users to own their own assets natively on Sui and access exclusive in-game rewards.
Contact
Sui Foundation
media@sui.io
Dubai, United Arab Emirates, October 1st, 2024, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to unveil the World Series of Trading (WSOT) 2024, the world’s longest-running crypto trading competition. This year, WSOT pushes boundaries, integrating centralized and decentralized trading, allowing participants to experience the trustless trading of the future.
Game-Changing Features Traders Will Love
Individual traders can battle in three arenas depending on their capital size: lightweight, middleweight, and heavyweight. With separate prize pools for each league, the competition is fairer and ensures that talent wins the day, not account size.
Furthermore, traders can add up to four subaccounts within their Unified Trading Account (UTA) and rack up PnL across multiple accounts and markets, increasing their chances of winning. Bybit’s UTA calculates margin across positions, unifies collateral, and improves capital efficiency so traders can operate multiple positions from one account, making it a killer tool for the rigors of competitive trading.
Expanding into Decentralized and Centralized Trading
WSOT also includes Bybit Web3’s DEX Pro trading platform so participants can trade over 1 million decentralized tokens, including memecoins, DeFi, GameFi, and more. Participants can also take part in the first-ever Web3 Idol competition.
To play, traders earn votes through trading and completing daily tasks. Voters can support up to three projects daily and have the chance to win from a 1,000,000 MNT prize pool, including a 600,000 MNT grand prize for those who vote for the winning project and 200,000 MNT daily rewards. The winning project will receive exclusive CEO backing, prime listing, and marketing support, making it a key event in shaping the future of Web3.
Over 100 ecosystem partners and decentralized projects such as MomoAi and Tars Protocol from Solana, and Catizen, KTX Finance via Mantle will participate in the DEX Pro competition as part of WSOT. By marrying centralized (CEX) and decentralized (DEX) trading, all crypto lovers can experience the wave of the whole ecosystem.
“Bybit aims to create industry best practices for onboarding users for both CEX and DEX to help create a broader landscape of crypto adoption,” said Ben Zhou, co-founder and CEO. “By combining these two elements, we are enabling the smaller projects and specialist traders to rise up the competition ranks.”
10,000,000 Prize Pool and Participation Details
The prize pool for WSOT 2024 is bigger and better, with rewards including yacht cruises, Rolex watches, world travel tickets, and up to 10,000,000 USDT. The more participants join, the larger the prize pool grows, making this year’s competition the juiciest in crypto.
To participate, simply sign up for WSOT when the event opens on October 1 and maintain at least $500 in your Bybit UTA account. All participants can invite friends to join WSOT and get more chances in the lucky draw.
Over the years, Bybit’s WSOT has grown to historic heights, with nearly 117,000 traders entering competitions between 2020 and 2022. And in 2023, the competition attracted almost 120,000 traders globally. This resulted in a remarkable year-on-year trading volume surge of 42%, reaching a total trading volume of 70.5 billion.
#Bybit / #TheCryptoArk / #WSOT2024
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, users can visit Bybit Press.
For media inquiries, users can contact: media@bybit.com
For more information, users can visit: https://www.bybit.com
For updates, users can follow: Bybit’s Communities and Social Media
Contact
Head of PR
Tony Au
Bybit
tony.au@bybit.com