chainwire

Aave Launches on Era Mainnet Powered by ZKsync

London, United Kingdom, August 21st, 2024, Chainwire

Expansion Enables Greater Access to Liquidity and New Institutional Use Cases

Aave, the leading DeFi protocol governed by the Aave DAO, today announced the launch of Aave V3 on Era Mainnet powered by ZKsync. With efficient and secure transactions provided by ZKsync technology, the launch of Aave V3 on Era is poised to bring liquidity and yield generation capabilities to the Elastic Chain ecosystem. Users of Aave will gain access to advanced zero-knowledge (ZK) technology that provides low-cost transactions while deriving security from Ethereum using cryptographic validity proofs. As part of the integration, Chainlink will provide secure and reliable price feeds.

“This integration marks a pivotal moment for both the Aave and ZKsync communities, providing opportunities for increased access, collaboration, and innovation,” said Aave Labs Founder and CEO Stani Kulechov. “By combining ZK-proofs and the unified Elastic Chain ecosystem, Aave can unlock unprecedented scalability, privacy, and security, expanding the DeFi user base and new institutional use cases.”

Alex Gluchowski, Co-Inventor of ZKsync, commented, “Aave has established itself as one of the leading DeFi protocols and has played a core role in the growth and adoption of crypto since its launch. As ZKsync’s Elastic Chain keeps building momentum, it is important that it become a place where both retail and institutional users can leverage a secure access point for the digital asset ecosystem across all ZK Chains ZKsync is the most advanced and future-proof scaling solution powered by ZK-proof technology, and with the deployment of Aave on Era, a greater audience will be able to leverage ZKsync to its fullest potential.”

“I’ve been working with the Aave team since 2019, and ZKSync since early 2022,” said Johann Eid, Chief Business Officer at Chainlink Labs. “In a short amount of time, both projects have had a profound impact on DeFi and the blockchain industry as a whole, helping to drive interest, secure transactions, and bring a large amount of value and innovation into this space. Aave V3’s deployment on Era Mainnet brings together a foundational DeFi protocol and a pioneer that is pushing the zero knowledge space forward, which is a major step forward for our industry, and Chainlink Price Feeds are playing a key role in ensuring that the market data powering the protocol is ultra-reliable and accessible. This launch is an important milestone in terms of DeFi scalability, and its potential to increase institutional usage is an exciting development for onchain finance at large.”

A Layer 2 scaling solution that leverages ZK technology, ZKsync offers low-cost, faster transactions in a secure and decentralized environment. The addition of Aave is set to attract a wider user base, improve the user experience, and establish Aave as a leading DeFi protocol within the rapidly growing Elastic Chain ecosystem.

DeFi Gateway for Institutional Finance

The Aave deployment will also set the stage for privacy-focused DeFi applications. These applications will leverage Aave’s competitive liquidity, flexibility and conservative risk management to meet the increasing demand for enhanced privacy in DeFi. Additionally, this deployment is expected to unlock new institutional use cases, ranging from private networks to networks tailored for specific asset classes, risk profiles, and user segments. This integration also unlocks new opportunities for the Aave-native overcollateralized stablecoin GHO and future products, such as fast, cost-efficient payments.

After positive technical evaluation done by BGD Labs and positive risk analysis by Chaos Labs and asset/parameters recommendations by the risk service providers, BGD had deployed the integration and the Aave DAO has approved USDC, USDT, WETH and wstETH as the initial assets available on Era. The initial risk parameters for each asset can be found here.

The Aave DAO is committed to redistributing any airdrops received from the ZKsync ecosystem via liquidity mining towards Aave users. The distribution will include GHO secondary liquidity incentives, safety module deployments, and merit programs. Aave Chan Initiative (ACI), one of Aave DAO’s service providers, will coordinate any liquidity mining campaign on the ZKsync Aave V3 deployment, on behalf of the Aave DAO.

The deployment governance proposals can be found here and here.

Contact

M Group Strategic Communications
ppadovano@mgroupsc.com

ETHWarsaw 2024 Conference and Hackathon returns for its third edition

London, United Kingdom, August 21st, 2024, Chainwire

  • Event to coincide with Warsaw Blockchain Week, Poland’s largest blockchain gathering for the second year running
  • Amidst bull market hype, the conference highlights the importance of responsible innovation and building
  • 48-hour hackathon offers $50,000 in prizes for pioneering blockchain solutions

ETHWarsaw, web3 conference and hackathon organized by Ethereum enthusiasts, is set to return for its highly anticipated third edition. Scheduled to take place from September 5th to 8th, 2024, in Warsaw, Poland, the event will once again bring together a global community of builders, founders, and educators in the web3 space.

Building on the success of previous years, ETHWarsaw 2023 attracted over 1,000 participants and hosted more than 200 hackers competing for nearly $70,000 in prizes. The event also introduced Warsaw Blockchain Week, Poland’s largest blockchain gathering, and EthWarsawVC, a one-day program connecting venture funds with promising blockchain projects. Due to strong community support, both events will return for the 2024 edition.

“After two successful editions, we’ve found a formula that works and grows organically each year. That’s why we’re maintaining the same format and keeping the audience size intimate, especially since recent feedback suggests that as events grow in size, the quality can suffer,” said Paulina Joskow, co-founder of ETHWarsaw.

She continued, “That said, the third edition will bring some changes. With the potential onset of a bull market, we anticipate rapid growth, attracting investors, customers, and significant capital. However, this also brings the risk of subpar products and scams. It’s crucial to differentiate between the good and the harmful, understand the risks, and always build responsibly. This is the core message we want to emphasize at this year’s conference.”

Monika Zajac, co-founder of ETHWarsaw, added, “We also want to challenge the stereotype that only developers and ‘crypto-bros’ are interested in blockchain. Our goal is to showcase the diverse faces and backgrounds within the community and ultimately lower the barriers to entry. This includes highlighting efforts to simplify onboarding, clearly communicate product values, provide supportive infrastructure, and offer quality education to accelerate progress.”

ETHWarsaw is designed to cater to both seasoned professionals and newcomers to the web3 space, offering valuable insights for developers, non-technical talent, and students alike. The conference will feature two days of content, including talks, panels, and workshops, organized into four key tracks:

  • Infrastructure and Scalability — Exploring ways to build and expand blockchain networks to handle more users and transactions efficiently. This includes innovations in blockchain layers, advanced data storage solutions, and integrating AI with blockchain technology.
  • Security and Resilience — Focusing on how to keep blockchain systems safe and private. Topics will include the latest in cybersecurity practices, how different blockchain systems maintain trust, and the role of ethical hackers in identifying vulnerabilities.
  • Decentralized Finance (DeFi) Innovations — Delving into decentralized finance (DeFi) and related topics like digital wallets, decentralized exchanges (DEX), and new ways to invest using blockchain. It also covers the legal and regulatory aspects of this evolving financial landscape.
  • Mass Adoption — Discussing how to make blockchain and web3 technologies more user-friendly and accessible to everyone. This track will cover user experience, building communities, marketing in the web3 space, and opportunities in the web3 job market.

This year’s lineup of speakers includes notable figures such as Marek Olszewski from Celo, Anastasia Melachrinos from Kaiko, Kevin Jones from BuidlGuidl, and Omar Espejel from Starknet.

Following the conference, the overnight hackathon will kick off on Friday evening, offering a 48-hour marathon of non-stop building. Teams and individuals will have the opportunity to gain hands-on experience with cutting-edge applications and advanced tools, with prizes totaling approximately $50,000.

Returning sponsors for ETHWarsaw 2024 include AlephZero, Golem, Arweave, Optimism, RedStone, Starknet, Celo, Request Network and Scroll among others.

ETHWarsaw 2024 will be hosted at a new venue, Browary Warszawskie, located in the vibrant Wola district of Warsaw. Known for its mix of contemporary residential and office spaces, this area is also home to a thriving scene of cafes and restaurants. 

For more details about the event and to purchase tickets for the conference and hackathon, users can visit https://www.ethwarsaw.dev.

About ETHWarsaw

ETHWarsaw is a community-led, grassroots conference and hackathon organized by active members of the web3 community working in blockchain-focused companies around the world. ETHWarsaw is the biggest web3 conference and hackathon in the CEE region and it aims to bring together developers, researchers and enthusiasts of the Ethereum ecosystem to exchange ideas, drive adoption and drive decentralized and privacy-led future.

Users can stay connected with ETHWarsaw:

Contact

Head of Comms
Martyna Borys-Liszka
ETHWarsaw
martynambl@ethwarsaw.dev

SubQuery Launches Decentralized AI Inference Hosting at Web3 Summit in Berlin

Singapore, Singapore, August 21st, 2024, Chainwire

At the Web3 Summit in Berlin today, SubQuery made a major announcement, unveiling its newest innovation: decentralized AI inference hosting. In a live demonstration, SubQuery’s COO, James Bayly, showcased how the latest LLama model operates across a fully decentralized network of Node Operators on SubQuery’s internal test network.

SubQuery’s vision is to empower developers to shape the future through decentralization. The company is at the forefront of a movement to build the next wave of Web3 applications for millions of users, with decentralization as the core principle.

The SubQuery Network is an advanced infrastructure layer that underpins this vision. It currently supports decentralized data indexers and RPCs, which are critical components for any developer building decentralized applications (dApps). SubQuery has proven itself as a credible alternative to centralized services, offering an open network where anyone can participate as a node operator or delegator.

The role of AI in transforming industries, including Web3, has become increasingly clear. SubQuery has been closely monitoring these developments and has been working behind the scenes to bring AI capabilities to its decentralized platform. “The Web3 Summit in Berlin, with its focus on decentralization, is the perfect stage for us to launch this new capability and demonstrate it live” said James Bayly.

SubQuery is focused on AI inference, the process of using pre-trained models to make predictions on new data, rather than on model training. “While there are commercial services that offer inference hosting for custom models, few exist within the Web3 space,” James explained. “Our decentralized network is ideally suited for reliable, long-term AI model hosting.”

Currently, the market for AI inference is dominated by large centralized cloud providers who charge high fees and often use user data to improve their proprietary models. “Providers like OpenAI and Google Cloud AI are not only expensive but also leverage your data to enhance their closed-source offerings,” James noted. SubQuery is committed to providing an affordable, open-source alternative for hosting production AI models. “Our goal is to make it possible for users to deploy a production-ready LLM model through our network in just 10 minutes,” he added.

“Relying on closed-source AI models risks consolidating power in the hands of a few large corporations, creating a cycle that perpetuates their dominance,” James warned. “By running AI inference on a decentralized network, we ensure that no single entity can control or exploit user data. Prompts are distributed across hundreds of node operators, ensuring privacy and supporting an open-source ecosystem.”

The SubQuery Network will provide leading-edge hosting for the latest open-source AI models, enabling scalable and accessible AI services for Web3. By embracing a community-driven approach, SubQuery will support decentralized AI inference at scale, empowering a diverse network of independent Node Operators.

About SubQuery

SubQuery Network is innovating web3 infrastructure with tools that empower builders to decentralise the future – without compromise. Our flexible DePIN infrastructure network powers the fastest data indexers, the most scalable RPCs, innovative Data Nodes, and leading open-source AI models. We are the roots of the web3 landscape, helping blockchain developers and their cutting-edge applications to flourish. We’re not just a company – we’re a movement driving an inclusive and decentralised web3 era. Let’s shape the future of web3, together. 

​​​​Linktree | Website | Discord | Telegram | Twitter | Blog | Medium | LinkedIn | YouTube

Contact

Head of Marketing
Brittany Seales
SubQuery PTE LTD
brittany.seales@subquery.network

Conflux and China Mobile’s Migu Debut World’s First Blockchain-Based Video Ringtone

New York, United States, August 21st, 2024, Chainwire

Conflux Network, China’s only regulatory-compliant public blockchain, is teaming up with China Mobile, the nation’s largest telecom provider boasting over 1 billion monthly users. This strategic alliance aims to revolutionize digital collections via Migu, China Mobile’s digital content division. Conflux Network and China Mobile will introduce cutting-edge digital collectibles like video RBTs (Ringback Tones), digital identities (DIDs), and blockchain communication hardware, all driven by the Conflux TreeGraph public blockchain.

The first release from this partnership is set to make history as the world’s first public blockchain-based digital collectible video ringtone. Titled the “MIGO and His Friend ConFi” series, it will launch on August 23, 2024, at 10:00 AM Beijing Time and will be available for purchase through the “Digital Collectibles” section of the Migu Music App.

This collection features characters from Conflux’s mascot, “ConFi,” alongside “MIGO,” China Mobile Migu’s pioneering NFT product. The series integrates real-life landmarks from Hong Kong to tell a story of friendship through captivating visual storytelling. The “MIGO and His Friend ConFi” video ringtones will be sold as mystery boxes, with 5,000 units available at 13.9 RMB (~2 USD) each. Of these, 500 units are rare editions, representing just 1% of the total. These video ringtone mystery boxes offer a cutting-edge 5G experience, combining personalization, social interaction, and interactivity. Users can view the corresponding video ringtone directly on their phone screens during calls without needing to install additional software.

Since 2021, Migu has been one of China Mobile’s fastest growing verticals as a leader in immersive media technologies. Migu has driven digital content innovation with a strategic focus on ultra-high-definition video, video ringtones, cloud gaming, cloud VR, and cloud AR, all as part of their Metaverse evolution strategy. The partnership with Conflux marks Migu’s first venture into Metaverse and digital collectible applications on a public blockchain network, bringing this technology to Migu’s 120 million monthly active customers.

About Conflux

Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. It utilizes a hybrid PoW/PoS consensus mechanism to ensure a rapid, secure, and scalable blockchain environment. With Conflux, congestion is eliminated, fees remain low, and network security is enhanced.

As the leading regulatory-compliant public blockchain in China, Conflux offers a distinct advantage for projects seeking to enter the Asian market. The platform collaborates with renowned global brands and government entities in the region, driving blockchain and metaverse initiatives. Notable partnerships include the city of Shanghai, China Telecom, Little Red Book (China’s “Instagram”), McDonald’s China, and Oreo. Users can learn more: https://confluxnetwork.org/

About China Mobile Migu 

China Mobile Migu is a specialized subsidiary of China Mobile focused on the mobile internet sector. The company is dedicated to the core principle of “digital content platform,” integrating the characteristics of both telecom operators and internet companies. Supported by advanced technologies, Migu continues to build its core capabilities in content technology, platform technology, and cloud network technology. Migu is actively exploring innovative “Internet + digital content” operations, combining content incubation with channel partnerships, and is working to develop platforms for new media integration, digital content aggregation, copyright transactions, and content entrepreneurship. Migu is committed to transforming the way users experience entertainment and culture. Migu boasts 400 million video ringtone users, 25 million digital smart users, over 60 million e-books, and 130+ published books. Migu also offers 2,300 cloud games with 120 million active users, making it a top culture-tech brand and new media platform.

Contact

Melissa Tirey
melissa@shift6studios.com

Omnichain BTC Asset FBTC Crosses $100M in TVL, Ignition Unveils “Sparkle” Campaign”

Singapore, Singapore, August 21st, 2024, Chainwire

The landmark milestone marks the start of a new era for Bitcoin’s utility

Following the launch of FBTC, an omnichain Bitcoin asset maintaining a 1:1 peg to BTC, Ignition today announced that FBTC has crossed $100M in Total Value Locked (TVL) according to Dune. Also announced is the “Sparkle” campaign, where early FBTC holders will receive points-inspired “Sparks” for future rewards. FBTC is supported by core contributors Mantle, a burgeoning DAO-led blockchain ecosystem built around Ethereum layer 2 (L2) Mantle Network and Ether liquid staking protocol mETH Protocol, and Antalpha Prime, a reliable digital asset technology platform for institutions. 

As tokenized bitcoin assets pave the way for Bitcoin’s resurgence in DeFi, FBTC’s significant milestone ushers in a new era of Bitcoin’s evolving utility and velocity — transforming the original cryptocurrency from a simple store of value into a dynamic asset that offers the potential for various yield-generating possibilities. 

Incubated by Ignition, FBTC is an omnichain BTC asset that is liquid and easily composable in various yield enhancement strategies. FBTC aims to liberate the growth potential of Bitcoin by becoming the standard for Bitcoin transactions, essentially rendering all other blockchains into a Bitcoin L2. FBTC is currently deployed on Ethereum, Mantle Network and BNB Smart Chain, with more supported blockchains to come. 

“The remarkable achievement of $100M in TVL for FBTC in such a short time is not just a significant milestone for this nascent BTC asset, but a testament to the evolving landscape of Bitcoin utility. FBTC’s rapid adoption, supported by Ignition’s diverse ecosystem of partners, signals a new chapter in decentralized finance (DeFi) where Bitcoin’s potential is being fully realized across multiple blockchains. As Ignition continues to innovate and expand FBTC’s capabilities, we’re not just creating opportunities for yield — we’re reimagining how Bitcoin interacts with the broader DeFi ecosystem,” said Igneus Terrenus, Paramount Pyromancer at Ignition

FBTC’s rapid adoption is supported by dozens launch partners, including heavyweights such as Avalon Labs, Bybit Web3, Cobo, Ethena Labs, OKX Wallet, Pendle and Solv Protocol, reflecting FBTC’s credibility and the industry’s evolving interest in innovative Bitcoin solutions. 

With FBTC, Ignition aims to create a seamless, multi-chain environment for users to efficiently explore DeFi yields. The ability to swap and bridge FBTC between Ethereum, Mantle Network and BNB Chain further enhances its utility, making it accessible for a majority of blockchain users. Today, holders of FBTC are able to leverage their idle Bitcoin holdings across several yield-generating opportunities on Ethereum, Mantle Network and BNB Chain, enabling a wider range of use cases on various L1s and L2s that will be unveiled soon. 

Ignition also unveiled its plans for an upcoming “Sparkle” campaign. Participants will receive points-inspired “Sparks” for their engagement with and contributions to the FBTC ecosystem. Running from Aug. 21 to Sept. 21, eligible protocols for the Sparkle campaign include PumpBTC, Bedrock, Mezo Network, Avalon Labs, Fuel Network, Pell Network and Solv Protocol. Throughout the Sparkle campaign, Ignition will continue to integrate new protocols, launch side campaigns, and offer external incentives to enhance the user experience and reward system. Find out more at https://fbtc.com/ongoing-campaign

Looking ahead, Ignition is collaborating with Babylon, the self-custodial Bitcoin Staking Protocol that aims to build a Bitcoin-secured decentralized world, to launch a BTC vault that gives users exposure to Babylon native staking. This undertaking, along with other exciting events and collaborations, underscores Ignition’s unwavering commitment to building a vibrant, community-driven ecosystem around FBTC. The rapid adoption and strong security of FBTC signals a promising future for Bitcoin’s evolving role in the DeFi landscape, propelling it to fully unlock its immense potential within the broader decentralized finance ecosystem. 

About Ignition FBTC

Incubated by Ignition, FBTC is a secure, decentralized, and composable BTC asset aimed at liberating Bitcoin’s true power of growth. FBTC provides a liquid Bitcoin asset that adheres to a 1:1 peg with BTC to redefine its role across all blockchain platforms. By fostering DeFi composability, cross-chain interoperability, and promoting widespread adoption of BTC applications, FBTC represents the beacon of a high-speed, low-friction and interoperable future for all blockchains and every tokenized economy to flourish. FBTC is powered by core contributors Antalpha Prime and Mantle. 

For more information, users can visit

Website | X/Twitter | Discord | Telegram

Contact

FBTC
windrangerlabs@wachsman.com

Flipster Announces Collaboration with Tether

Warsaw, Poland, August 20th, 2024, Chainwire

Flipster, one of the leading crypto derivatives trading platforms, is listing Tether Gold (XAU₮) issued by TG Commodities Limited to its platform, providing users with new opportunities to deposit, withdraw, and convert the gold-backed digital asset. 

Flipster CEO Yongjin Kim commented: “Tether continues to lead the stablecoin market, maintaining the highest market cap among its peers. As blockchain technology evolves, there is growing interest in real-world assets like gold being brought on-chain. Tether is well-positioned to capitalize on this trend, offering products like Tether Gold that provide users with a way to gain exposure to the value and stability of gold.”

To celebrate the introduction of Tether Gold on its platform, Flipster has launched two exciting campaigns designed to reward users for engaging with this new offering:

1. Tether Gold Launchpool

  • Total prize pool: 60,000 USD₮
  • Daily rewards: Win up to 12,000 USD₮ daily by staking XAU₮ and converting crypto to XAU₮.
  • Campaign dates: 20 August 00:00 UTC to 25 August 00:00 UTC

2. Tether Conversion Campaign

  • Earning up to 24% APR: Converting staked XAU₮ to USD₮ and earning up to 24% APR, in addition to other ongoing campaigns, on the user’s entire USD₮ wallet balance.
  • Campaign dates: 25 August 00:00 UTC to 8 September 00:00 UTC

By adding Tether Gold to its platform, Flipster continues to build on its reputation as a forward-thinking platform that provides users with the tools they need to navigate the evolving digital asset landscape.

“At Flipster, we are thrilled to offer access to these innovative assets, empowering our users to explore real-world asset opportunities and enhancing our platform’s appeal as a comprehensive trading hub,” said Kim.

About Flipster

Flipster is among the fastest-growing crypto derivatives trading platforms, offering lightning-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens with high liquidity and zero trading fees. For media enquiries or interview requests with the team, please reach out to pr@flipster.io

X | Facebook | Instagram | LinkedIn | Official Telegram | Announcements Telegram

About Tether and USD₮

Tether is a pioneer in stablecoin technology, driven to revolutionize the global financial landscape, its mission is to provide accessible, secure, and efficient financial, communication, and energy infrastructure. Tether enables greater financial inclusion and communication resilience, fosters economic growth, and empowers individuals and businesses.

As the creator of the industry’s largest, most transparent, and liquid stablecoin, Tether is dedicated to building sustainable and resilient infrastructure to benefit underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.

About Tether Gold (USD₮)

Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full USD₮ token represents one trou fine ounce of gold on a London Good Delivery bar. XAU₮ is available as an ERC-20 token on the Ethereum blockchain, The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser’s Tether wallet where it is issued after purchase. The allocated gold is identifiable with a unique serial number, purity, and weight and is redeemable in the form of physical gold.

Important Note

This press announcement is not an offer to sell or the solicitation of an offer to buy Tether Gold (XAU₮). TG Commodities Limited will only sell or redeem XAU₮ pursuant to its gold token terms of sale and service available (as of the date of this press release) at gold.tether.to/legal

Contact

Brand Marketing Manager
Shirlyn Tan
Flipster
pr@flipster.io

Holonym Foundation Emerges with $5.5 Million Seed Funding to Provide Global Digital Personhood with Human Keys

Delaware, United States, August 16th, 2024, Chainwire

Led by Finality Capital and Paper Ventures, with participation from Arrington Capital, Draper Dragon, Lightshift, and others.

Holonym Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $5.5 million seed funding round. The funding round was led by Finality Capital and Paper Ventures, with significant participation from Draper Dragon, Arrington Capital, Lightshift, Zero Knowledge Ventures, Zero DAO, and other prominent funds. 

Shady El Damaty, Co-Founder of Holonym, said: “We’re building core person-first principles into the technology we ship out to the world. Our goal is to build a global open-source layer that upgrades the abilities of each citizen with basic access to a digital identity using cryptography to prove their personhood.”

“We can’t have self-sovereign control of our monetary assets without self-sovereign identity. The Holonym foundation is building critical middleware and applications that will make Web3 users the envy of Web2 users by giving them the power to own, govern, and selectively share their data with strong privacy and security guarantees. Holonym will be part of the solution to usher in the next trillion dollars of assets into blockchain.’’, said Kamal Mokeddem, GP of Finality Capital.

Cryptographic keys, or private keys, run the web and secure every digital interaction on the internet. But what if private keys could be built differently and in a more sophisticated way? Human Keys completely change how private keys are derived. Instead of creating private keys from random phrases, Human Keys make humans into keys. This new framing shifts ownership of digital assets from the holder of a random seed, to the human that can uniquely prove their biometrics. Human Keys make the ownership layers of the internet built on top more consumer-friendly, decentralized, and secure. 

Human Keys encompass three protocols built by the Holonym Foundation, all having security and robust data privacy systems as core principles: 

  • Mishti Network, a breakthrough threshold entropy network that computes an Oblivious Pseudorandom Function (OPRF) on biometric data. 
  • This allows humans to derive random secure keys that are hard to steal, and it unlocks private homomorphic computation on encrypted data, allowing untrusted third-parties to authenticate users without ever seeing the underlying data. 
  • This is an Actively Validated Service (AVS) on Eigenlayer with crypto economic mechanisms that leverage the economic security of the Ethereum network.
  • Zeronym, a zero knowledge identity protocol, leverages Human Keys to allow anyone in the world to secretly prove facts about their identity. 
  • Over 125,000 pseudonymous Zeronym users around the world have already unlocked these rights, proving their unique personhood, residency, and other attributes to curate a rich digital reputation that they alone own and control.
  • Silk, a simple and elegant wallet user interface for interacting with crypto protocols. 
  • Human Keys are made usable in the real world by the everyday internet user with Silk.
  • Silk provides advanced security tools to protect users from hackers, scams, and malware on the decentralized web.

Nanak Nihal Singh Khalsa, Co-Founder of Holonym said: ’’Humanity is not just biometrics, e.g. your face. It is about what you have, what you know and what you are: your property, your memory, and your body. On the current centralized web, we are giving free ownership to our data. Web3 must be the space where we provide robust data ownership and secure sharing of personhood, so that nobody can own your data except you.’’ 

By granting every human in the world a secure key that only they can hold and control, the Holonym Foundation moves towards global digital inclusion, precisely at a time when advancements in artificial intelligence are poised to leave so many behind.

Shady El Damaty, co-founder of Holonym, says this is just the start for the Holonym Foundation. “Human Keys will redefine how citizens interact with the internet by limiting the overreach of power and hardening individual rights with resilient decentralized protocols built on Zeronym and Mishti Network.”

Holonym Foundation is focused on applied cryptography innovation that delivers solutions for real-world problems.

About Holonym Foundation

The Holonym Foundation’s mission is the proliferation of Human Keys to make security and privacy more usable in zero trust environments. Holonym Foundation has developed infrastructure to allow anyone, anywhere, to create Human Keys with Mishti Network, easily use them with Silk and privately prove facts about their identity with Zeronym. 

Holonym Foundation Products

Mishti Network. A threshold network for zero trust Human Key derivation. Create high entropy Human Keys from private biometrics, passwords, security questions, or other human-memorable data. Mishti also powers Zeronym’s programmable privacy for on-chain private banking, payments, and other real world regulated industries.

Silk. The human-friendly wallet for instant onboarding. Use Human Keys with zero trust protocols to save, send payments, access global internet finance protocols and manage your private data. Silk is a protected self-custody wallet that can be recovered without trusted guardians. 

Zeronym. Proof of personhood and private identity. Fast client-side privacy for identity verification, supporting digital credentials from 180 countries. Use Human Keys to prove any fact privately without revealing any information in zero knowledge. Business can utilize Zeronym for privacy-preserving KYC/AML with programmable privacy for on-going monitoring.

CONTACT & SOCIALS

For PR enquiries users can contact press@holonym.io

Users can stay connected with Holonym Foundation and it’s Products:

🌐 holonym.id, mishti.network, silk.sc

✖️ X Holonym | Zer0nym | Mishti Network | Silk

📲 Telegram Holonym Official | Mishti Network | Mishti Community | Holonym Dev Support

💼 Holonym Linkedin

✍️ Holonym Medium

📝 Holonym on Paragraph

🎥 Holonym YouTube

🎙️ Farcaster | ‌holonym | zeronym | silkysignon

📝 Holonym on Discord

Contact

Press
Holonym
pr@holonym.io

Cellula Introduces Programmable Incentive Layer to Gamify Asset Issuance

hongkong, china, August 15th, 2024, Chainwire

In a groundbreaking move to address the challenges of equitable asset distribution and decentralization in the cryptocurrency space, Cellula has unveiled its innovative programmable incentive layer built on the Ethereum Virtual Machine (EVM) ecosystem. At the core of Cellula’s innovation is its virtual Proof-of-Work (vPOW) consensus mechanism, which combines principles from Conway’s Game of Life, Variable Rate GDAs Algorithm, and Game Theory to revolutionize the way digital assets are distributed and liquidity is allocated.

The crypto industry has long grappled with the issue of “whales” – a small group of individuals or entities that accumulate a disproportionate share of assets, leading to market manipulation, reduced decentralization, and limited participation opportunities for smaller investors. Additionally, traditional asset distribution methods, such as pre-mining, have further concentrated ownership, undermining the fairness and accessibility of these ecosystems.

“We have grown weary of the war between the witches and the hunters,” said the Cellula team. “Cellula seeks to address these dual challenges by reintroducing the BTC Proof-of-Work mechanism to EVM-compatible networks, pioneering asset distribution and liquidity allocation guidance through virtual Proof of Work (vPOW).”

Cellula’s vPOW mechanism empowers “BitLife” entities with unique hashrates, enabling them to engage in a gamified mining process that generates dynamic incentives. This revolutionary approach is powered by Cellula’s trifecta of innovative algorithms: Conway’s Game of Life for mining, Variable Rate GDAs (VRGDA) for pricing, and the Analysoor protocol for fair distribution and liquidity guidance.

Mining Algorithm – Conway’s Game of Life – Genetic Code Of On-Chain Digital Life: Conway’s Game of Life underpins Cellula’s on-chain entities, “BitLife,” which evolve dynamically, reflecting natural life cycles and enabling complex AI development within the blockchain. This gamified mining process encourages participants to develop more optimal strategies to potentially earn additional block rewards, fostering a competitive environment that ensures only committed resources are rewarded.

Pricing Algorithm – Variable Rate GDAs – A Dynamic Pricing for NFT Distributions: VRGDA adjusts asset prices based on demand, increasing when sales are high and decreasing when they lag, ensuring balanced distribution even in illiquid markets. This dynamic pricing model helps to prevent the concentration of assets in the hands of a few, promoting wider participation and a more equitable distribution.

Consensus Algorithm – Analysoor – Fair Asset Distribution And Liquidity Guidance: Analysoor is a Fair Launch protocol on Solana that uses block hashes for a random number generator to distribute NFTs and tokens fairly. Unlike traditional models, it avoids high GAS fees and bidding wars by offering fixed-cost “block lottery tickets” for participation. Each ticket’s block hash determines winners transparently, preventing bots and ensuring equal opportunities for all users, regardless of financial power. Transaction fees from the lottery are used to inject liquidity into new assets, promoting ecosystem growth. Integrating Analysoor with vPOW also provides fairer asset distribution and better liquidity allocation guidance.

“Cellula’s vPOW mechanism is truly a game-changer,” explained the Cellula team. “By seamlessly integrating these cutting-edge technologies, we have created a programmable incentive layer that is poised to reshape the future of decentralized finance and on-chain participation.”

One of the key features that sets Cellula apart is its permissionless nature. The vPOW mechanism allows any participant (miner) in the network to potentially earn rewards by minting and charging Bitlife, without the need for a central authority to allocate resources. This approach ensures a more open and transparent asset distribution process, fostering greater decentralization and accessibility.

Transparency is also a cornerstone of Cellula’s design. All algorithms and asset distribution processes are recorded on-chain, enabling anyone the ability to verify and review the process, thereby increasing the system’s transparency and credibility.

“Cellula is poised to usher in a new era of on-chain participation and value creation,” said the Cellula team. “By seamlessly integrating these innovative technologies, we are redefining the way assets are distributed and liquidity is allocated, paving the way for a more equitable and decentralized crypto ecosystem.”

With its comprehensive approach to addressing the challenges of asset distribution and decentralization, Cellula is set to revolutionize the way the crypto industry approaches these critical issues. As the project continues to evolve and expand its reach, it remains a beacon of hope for a future where fair and transparent asset distribution is the norm, not the exception.

About Cellula

Cellula is a pioneering programmable incentive layer that revolutionizes asset issuance on the Ethereum Virtual Machine (EVM). Utilizing a novel virtual Proof-of-Work (vPOW) consensus mechanism, Cellula combines the principles of Conway’s Game of Life, Variable Rate GDAs Algorithm, and Game Theory to create evolutionary, intelligent, and programmable on-chain digital entities known as BitLifes.

For more information on Cellula and its groundbreaking programmable incentive layer, users can visit the project’s Gitbook at https://cellulalifegame.gitbook.io/cellula.

Play | Twitter | Telegram | Discord

Contact

evaao
Evaao0097@gmail.com

iAgent Protocol Unveils Revolutionary Human-Trained AI-Agent from Visual Data

Los Angeles, CA, August 14th, 2024, Chainwire

iAgent protocol introduced an innovative AI-agent as digital asset class at Malaysia Blockchain Week in Kuala Lumpur and Asia Blockchain Summit in Taiwan this month, allowing gamers around the world to create, train, trade, and monetize personalized game AI-agents that take the NPCs of the past to a whole new level. iAgent protocol has developed the world’s first AI-agent trained from pro-players’ gameplay footage in Counter-Strike. This new AI asset class has the potential to spur a renaissance of innovation and growth within the gaming industry.

At both MBW and ABS, attendees received a first look at the revolutionary new class of digital gaming assets. iAgent Protocol presented new technology on August 1st and 6th, which uses AI Modules to train gaming characters based on gameplay footage. Their presentation featured an iAgent trained from the video footage of Flaxciz, a professional CS player from Team Secret

iAgents are here to not only rehaul the outdated NPCs of the gaming world, but also to empower all gamers within the ecosystem. Any user can train an AI-agent with the gameplay footage and then trade, rent, and monetize their personal game agents. Whether it’s a casual gamer playing with friends, or an entire studio wanting to add world-class human-trained AI characters to their game, iAgent offers new solutions and possibilities. 

In collaboration with Alliance, a global esports powerhouse competing at the forefront of the world’s most popular games, and Team Secret, a professional esports organization, iAgent was able to train a character based on the gameplay footage of Flaxciz.

Jamie Batzorig, CEO of iAgent and keynote speaker, unveiled the human-trained iAgent for the first time. The development team worked with AethirCloud, the project building scalable decentralized cloud infrastructure for Gaming and AI. Powered by DePIN, iAgent protocol leverages underutilized GPU resources from around the world and transforms them into a distributed GPU network dedicated to training AI-agents. 

iAgent is supported by GEDA, a web3 esports ecosystem that is onboarding esports enthusiasts, and Emerge group, gaming marketing agency who have worked with well-known names like Valorant, Mobile Legends, and Riot Games. 

The team at iAgent aims to democratize gaming by creating AI-agents as digital assets and providing all gamers with the tools and infrastructure to train their own Agents. These human trained AI-Agents represent players’ gaming strategies, styles, and creativity turning them into a digital representation of their gaming persona. 

By creating the world’s first AI-agent trained on a pro esports player footage, iAgent is aiming to alter the landscape and future of gaming. The tools used to create this groundbreaking digital asset and gaming character will soon be available to everyone in the gaming ecosystem. A player only needs gameplay footage to develop their own AI-agent. With the first-of-its-kind AI_NFT standard (OFT), the creators will have full ownership over their AI-agents running on multiple chains using innovative technology developed by LayerZero Labs

About iAgent

The iAgent protocol allows the world gamers to train their own AI agents to mimic the players behavior from gameplay footage, powered by DePIN, decentralized computing, thereby creating a new digital asset class on the blockchain.

Users can follow iAgent on X, notifications on.

Press contact: Sarah@tokenpr.com

Source: iAgent Protocol

Los Angeles, CA

Disclaimer:

This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Contact

CEO
Jamie Balzorig
iAgent Protocol
jamie@iagentpro.com

Floki Announces Major Ad Campaign for Valhalla in the English Premier League for 2024-25 Season

Miami, Florida, August 13th, 2024, Chainwire

Floki is proud to announce that Valhalla, Floki’s groundbreaking PlayToEarn MMORPG, will be at the forefront of a high-profile advertising campaign throughout the 2024-25 season of the English Premier League (EPL). 

Leveraging LED perimeter boards during live games, this campaign will deliver massive global exposure and enhance the brand’s credibility.

The English Premier League is the most popular sporting league globally, attracting more viewers than both the UEFA Champions League and the Bundesliga combined. For the 2022-23 season, the EPL boasted a cumulative audience of 3.23 billion. 

Broadcasting to 712 million households across 190 countries, the league reaches 2.01 billion viewers of live match programming over the season and 1.22 billion viewers of highlight shows and other non-live content, according to data sourced from Nielsen.

Premier League clubs also have a staggering following on social media, with over half a billion total followers. Leading the way, Facebook has 240 million followers, Instagram has 157 million, TikTok has 56 million, X has 123 million, and YouTube has 28 million.

Valhalla’s LED perimeter board ads will be strategically placed to maximize visibility. The full TV-facing ad system ensures that the ads are prominently visible during broadcasts. Creative flexibility allows for dynamically tailored ad content. Branding will be visible inside the event itself, providing in-program exposure. 

The ads will ensure multichannel coverage, making them visible across various devices and platforms, including broadcast, social media, mobile, and online. There are no virtual overlays to interfere with the ads in the Premier League, ensuring uninterrupted visibility. Additionally, minimal ad avoidance makes the ads almost unavoidable for viewers. 

According to the team, each minute of LED ad delivery results in an astounding 156 minutes of global on-screen visibility.

The ad campaign will cover 100 minutes of ad time throughout the season and will be globally broadcast to ensure extensive reach. At least 40% of the advertising inventory will be shown during matches featuring the league’s top clubs.

The extensive campaign is projected to reach a massive global audience. In total, it is expected to reach over 200 million people, with about 1.2 billion impressions and a total on-screen duration of nearly 440 hours. In Europe, the campaign is projected to generate around 81 million impressions with an on-screen duration of approximately 181 hours. 

In Asia & Oceania, about 47 million impressions are expected with an on-screen duration of nearly 168 hours. In Africa, the campaign is projected to achieve around 48 million impressions and an on-screen duration of almost 34 hours.

This campaign will be featured on some of the biggest broadcasters in the world, including Sky Sports, TNT, Amazon Prime, BBC (highlights), NBC Sports (including Peacock), USA Network, Telemundo, FuboTV, Optus Sports, Star Sports, Disney+ Hotstar, beIN Sports, Supersport, Sky Deutschland, Canal+, DAZN, Sky Italia, Astro, Now TV, and Truevisions.

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 | InstagramTikTokDiscord | Facebook | Reddit | Twitch

Contact

Community Relations Officer
Pedro Vidal
Floki
Marketing@Floki.com

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