chainwire

Prien am Chiemsee, Germany, August 13th, 2024, Chainwire

Bit-Chess, a newly launched crypto project, proudly announces the presale launch of the world’s first fully decentralized chess platform. This groundbreaking platform aims to bring millions of online chess players into the expanding cryptocurrency industry.

The Bit-Chess team shared this exciting news on their X account (formerly known as Twitter), highlighting their commitment to revolutionizing how chess enthusiasts engage with the game in the digital age.

Bit-Chess Launched Its Presale Phase

Bit-Chess, the first fully decentralized online chess platform, has announced on its X account the launch of its official presale phase. 

This initiative marks a noteworthy step in incorporating millions of online chess players into the revolutionizing crypto industry.

The presale is designed for chess lovers and investors who want to get in early on this exciting chess-focused project. Bit-Chess aims to bring the world of chess into the decentralized crypto space, offering a unique blend of strategic gaming and blockchain technology.

With a total supply of 210 billion tokens, $BCC is a Solana-based token that will serve as the governance token within the Bit-Chess ecosystem. This means that HODLers of $BCC will have a say in important decisions about the platform’s future. For the presale phase, Bit-Chess offers 23.625 billion $BCC tokens, 11.25% of the total supply.

Currently, 1 $BCC is priced at $0.000373, and interested buyers can purchase tokens at this early stage to secure them at a significant discount. 

The tokens can be bought on the project’s official website using various popular cryptocurrencies, including Solana (SOL), Ethereum (ETH), Binance Coin (BNB), Bitcoin (BTC), and Tether (USDT). This makes participation accessible to a wide range of investors.

The presale is an opportunity for those who see the potential of combining this timeless game with the latest blockchain technology. 

Notable Features of Bit-Chess

Bit-Chess is set to significantly impact the chess world by integrating traditional gameplay with modern blockchain technology through the Solana network. 

Here are some key features that distinguish Bit-Chess:

• Guideline with InGame Wallets – The platform will offer a detailed guideline for those new to crypto or chess, as its goal is to educate anyone interested and attract millions to crypto.
• $BCC – Bit Chess Coin – The $BCC smart contract will be developed in the short term on the Solana-Blockchain with a strong partner of Bit-Chess Solidproof to ensure 100% security and transparency made in Germany.
• Play-to-Earn (P2E) Mechanics – Bit-Chess introduces a play-to-earn model where players can earn rewards through their gameplay. These rewards will be airdropped automatically and can be converted into real-world value, adding a new layer of benefit to playing chess.
• Global Tournaments – The platform will host tournaments that allow players from all over the world to compete against one another. Winners will have the chance to earn cash prizes and exclusive NFTs, creating a competitive and rewarding environment.
• Player-Versus-Player Matches – Players can engage in one-on-one matches to test their skills against other chess enthusiasts. This feature offers a direct, competitive experience, allowing players to challenge and improve their strategic abilities.
• Exclusive NFTs – Bit-Chess will offer special NFTs that highlight stakers more rewards. There will be a total of 2,000 unique NFTs available, with an initial limited release of 500 during the pre-sale.
• Bit-Chess NFT-Marketplace – Bit-Chess uses digital chess pieces as NFTs, from pawns to kings. Each piece has unique characteristics and abilities determined by their digital genes. These pieces can be bought, bred, traded and borrowed.
• Merchandise Store of Bit-Chess – Bit Chess also implements a merchandise store who guarantee to use every single earning for BuyBacks of the $BCC.
• $BCC Burn – In the Bit Chess environment there will also be a burn mechanism integrated.

About Bit-Chess

Bit-Chess is introducing a new way to play and enjoy chess using blockchain technology. 

It is the first chess platform built on the Solana blockchain, which uses digital technology to create a more secure and open gaming environment.

Bit-Chess aims to blend the traditional game of chess with modern technology. Its goal is to offer a platform where players can not only play chess but also participate in a system that rewards their efforts. Using blockchain, it wants to make chess more interactive and beneficial for players worldwide.

Bit-Chess is focused on connecting traditional chess with the new possibilities of blockchain technology. The platform is designed to be accessible and user-friendly, helping players easily guide and take part in this new gaming experience. 

For the latest updates on Bit-Chess and its token presale, constantly visit their official website and join their vibrant community by following them on X (Twitter), Telegram, and Instagram.

Contact

Christian Andreas Heinrich
Bit Chess
chris@bit-chess.xyz

Palo Alto, CA, August 13th, 2024, Chainwire

ZAN, the web3 technology brand of Ant Digital Technologies, plans to run a Sui RPC node with Mysten Labs

Mysten Labs, a web3 infrastructure company and the original contributor to the Sui blockchain, today announced a partnership with ZAN, the technology brand of Ant Digital Technologies.

With the integration of Sui, ZAN aims to accelerate the development and adoption of its web3 applications. The collaboration will focus on Mysten Labs lending technological support in two key areas: KYC infrastructure and RPC node services. ZAN will provide KYC services for projects building on Sui, contributing essential compliance solutions for the blockchain. ZAN will also officially launch RPC node services for Sui, enhancing the blockchain’s scalability and accessibility for developers and users in the APAC region.

“We are excited to build a partnership with Mysten Labs. Sui is a star public chain dedicated to technology and value creation, with a rich ecosystem and diverse applications. Similarly, ZAN stems from a technology-driven team, and we are committed to building the next-generation technological infrastructure for the Web3 industry. We look forward to more technical exchanges between each other, jointly promoting innovation and development in the entire industry,” said Cobe Zhang, Chief Operating Officer of ZAN.

Together, Mysten Labs and ZAN will explore building opportunities in areas such as payments, data, digital identity, and more, with the goal of delivering innovative solutions that benefit consumers, businesses, and the local community, with an eye to discovering and supporting web3 super app opportunities. Both organizations are committed to fostering a collaborative environment and look forward to sharing updates on the partnership’s milestones as they are achieved.

“We are thrilled to be working alongside the ZAN team and the broader Ant Digital Technologies, to bring an e-KYC solution to the broader digital asset ecosystem to market,” said Adeniyi Abiodun, Chief Product Officer and Co-Founder of Mysten Labs. “This collaboration marks a significant milestone for Sui and the broader web3 ecosystem in Hong Kong and the broader APAC region. By combining our strengths, we can accelerate the development of innovative applications that will benefit millions of users.”

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.

Learn more: https://sui.io

About Mysten Labs

Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts whose founders were senior executives and lead architects of pioneering blockchain projects. The mission of Mysten Labs is to create foundational infrastructure for web3.

Learn more: https://mystenlabs.com

About ZAN

As a technology brand of Ant Digital Technologies for Web3 products and services, and powered by AntChain Open Labs’ TrustBase open-source technical stack, ZAN provides rich and reliable services for business innovations and a development platform for Web3 endeavors. The ZAN product family includes ZAN eKYC, ZAN KYT, ZAN Smart Contract Review, ZAN Node Service, with more products being on the way.

Learn more:https://zan.top/

About Ant Digital Technologies

Ant Digital Technologies is Ant Group’s digital technology subsidiary. Ant Digital Technologies continues to promote the development and application of digital technologies, introducing leading products like ZOLOZ, mPaaS and ZAN based on its expertise in AI, privacy computing, and security technology. Ant Digital Technologies is committed to working with partners across different industries to support small and medium-sized financial institutions in their digital transformation, enable SMEs in the service industry to operate digitally, and facilitate digital collaboration across industries. Revenue from Ant Digital Technologies’ international business operation increased by 300% in 2023.

Contact

Lexi Wangler
Mysten Labs
lexi.wangler@mystenlabs.com

Zug, Switzerland, August 12th, 2024, Chainwire

Aleph Zero launches its ultra-fast Ethereum-compatible layer-2, expanding its privacy tools and new apps compatible with the world’s biggest web3 ecosystem.

Aleph Zero — a blockchain ecosystem engineered for speed, data confidentiality, and ease of development — today announced the mainnet launch of its new EVM-compatible Layer-2 solution. This significant milestone marks Aleph Zero’s expansion into the Ethereum ecosystem, which will expedite the development and broaden the reach of its zkOS privacy-enhancing solutions.

The Aleph Zero EVM Layer-2 is built in partnership with Gelato, a leading Rollup-as-a-Service provider, and leverages Arbitrum Orbit technology. This combination results in an exceptionally fast and efficient blockchain, boasting a block time of up to 250 milliseconds with near-instant transaction finality. The network is capable of processing thousands of transactions per second, positioning it as one of the fastest EVM-compatible chains available.

“Aleph Zero EVM uses Arbitrum Orbits’ advanced web3 scaling stack–with the most performant developer tooling–to create the most advanced privacy-enhancing blockchain infrastructure on the market. Privacy will become a major narrative in 2024 and beyond, as more mainstream use cases emerge.” — Luis Schliesske, Founder of Gelato

The Layer-2 solution will utilize Aleph Zero’s existing Substrate-based WASM Layer-1 blockchain as its Data Availability layer. This architecture ensures a robust and decentralized foundation for the new EVM environment, benefiting from Aleph Zero’s established network of over 190 validator nodes.

AZERO, the ecosystem token, will be used on the Layer-2 to power all gas transactions similarly to how it’s being used now on the Layer-1.

zkOS Features Coming to Aleph Zero’s EVM-Layer in Q4

zkOS is Aleph Zero’s new comprehensive privacy framework designed to make integrating confidentiality features into blockchain applications more accessible and user-friendly. This aligns with Aleph Zero’s vision of making privacy-enhancing technologies easier to use, with the optimization benchmarks showing the system’s ability of proving ZK proofs in less than a second on consumer devices.

zkOS consolidates Aleph Zero’s privacy products into a single, developer-friendly toolkit that doesn’t require deep cryptographic knowledge to implement. zkOS aims to solve existing challenges in on-chain privacy, such as poor user experience, long proving times, and limited multisig capabilities. By optimizing zero-knowledge proof generation to under a second on consumer devices, zkOS strives to make privacy features more practical and economically beneficial for both new and existing applications across multiple blockchain ecosystems.

“EVM, with its user base and well-developed tooling, allows us to expedite the development of zkOS privacy framework and bring it to the second-largest market in crypto beyond Bitcoin. This is a perfect addition to our Layer-1 and adds optionality for developers and users alike.” – said Adam Gagol, Co-founder of Aleph Zero.

The first use cases already building on Aleph Zero EVM include:

• pieces.market – a luxury Real-World Asset (RWA) marketplace.
• Syncra – a DAO-as-a-Service platform with private voting features.
• Upcade – an web3 gaming hub.
• Rarible – the NFT marketplace.
• DRKVRS – a web3 multiplayer RPG game.
• idOS – a privacy-enhanced decentralized identity operating system.
• Tubbly – a walk-to-earn game.

Introducing vib3s

vib3s, another use case on the Aleph Zero EVM, is set to enable the sports and entertainment industries to deepen their customer and fanbase relationships with the power of Web3.

This whitelabel service allows organizations to quickly introduce innovative apps that boost retention and loyalty within their user base, with an easy-to-deploy product that can be customized towards the needs of any organization.

Among the key features, users will find the newsfeed, an embedded crypto wallet, on-chain loyalty points system, thematic games for fan engagement, branded card payments, loyalty points cashback, among others. An important part of the app is its privacy-respecting nature that makes it compliant with the GDPR laws.

vib3s is powered by the Aleph Zero blockchain and the Upcade gaming hub, as well as solutions from Holyheld, Thirdweb, idOS, and others.

The project will launch its first implementation this month, targeting a large-scale entertainment use case in Europe.

For more information about Aleph Zero, users can visit https://alephzero.org. 

About Aleph Zero

Aleph Zero is an 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 highly optimized Zero Knowledge Proofs, and offers a comprehensive toolset for development across web3 that range from WASM to EVM 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 programs.

For any enquiries about this release, users can contact josh@serotonin.co or ana@serotonin.co

Contact

PR Manager
Josh Adams
Aleph Zero
josh@serotonin.co

Vilnius, Lithuania, August 8th, 2024, Chainwire

WhiteBIT, one of Europe’s largest crypto exchanges, has announced the launch of a new product—the WhitePool mining pool. This innovative platform marks a significant step in the development of WhiteBIT ecosystem and opens up extensive opportunities for professional miners.

The global cryptocurrency mining market is set for growth, with its market size expected to reach approximately $2.45 billion in 2024 and a projected compound annual growth rate (CAGR) of 12.90% through 2032. As the cryptocurrency sector continues to evolve, Bitcoin miners are seeing daily returns currently at $30.72 million—a 6.27% increase compared to the previous year. This growth underscores the potential and expanding opportunities within the cryptocurrency mining industry.

To cater to professional miners seeking an efficient and streamlined cryptocurrency mining solution, WhiteBIT crypto exchange has introduced its own mining pool, WhitePool. Featuring a user-friendly interface and support for the SHA256 algorithm, it ensures optimal resource allocation and potential returns for miners. Participation requires users to register on WhiteBIT exchange and connect their mining equipment.

“WhitePool prioritizes miners’ interests by offering top-tier service for efficient collective mining. Our objective was to establish a mining pool that not only meets current demands but also sets a new benchmark for the industry, expanding opportunities for the mining community and evolving alongside them,” said Volodymyr Nosov, CEO of WhiteBIT.

Following its successful launch, WhitePool is currently featured in the top 15 mining pools ranking due to its high hashrate and benefits for users.

Functional and Clear Interface

An essential feature of WhitePool is its user-friendly interface and comprehensive functionality for monitoring equipment and tracking rewards. Users can easily monitor equipment status and set notifications for changes in worker states.

Accrual of Rewards Without Additional Fee

Typically, users must reach a minimum BTC amount, manually initiate fund transfers, wait for processing, and manage wallets to receive rewards. With WhitePool, rewards are automatically credited in Bitcoin (BTC) to the user’s main exchange balance without any additional steps. This eliminates the need for manual fund transfers, waiting for transaction processing, and paying network fees.

FPPS Reward Model

WhitePool operates on the FPPS (Full Pay Per Share) reward model. FPPS ensures miners receive rewards for each share contributed, regardless of whether the pool finds a block. This approach guarantees a predictable rewards stream, as payouts are made based on each share contributed, irrespective of the pool’s success in finding blocks.

VIP Program for High-Power Miners

The VIP program offers several benefits, including reduced commissions, stable rewards for miners using powerful equipment, and additional features to be announced soon.

All users who connect their equipment to WhitePool from August 1 to August 31 will receive VIP status for two months (from August 1 to September 30) and enjoy a 50% discount on the commission, paying only 1%. The standard fee is 2%.

Professional Multilingual Support Team Available 24/7

The expert support team is available 24/7 to assist miners in English, Spanish, Turkish, and other languages for seamless communication.

WhitePool is an integral part of the WhiteBIT crypto exchange infrastructure, recognized as one of the top 3 most secure exchanges through audit by Hacken.io.

About WhiteBIT

WhiteBIT is one of the largest European centralized crypto exchanges founded in 2018. The exchange offers 520+ trading pairs, 270+ digital assets, and 10 state currencies. The company is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT. The goal of WhiteBIT is the mass implementation of blockchain technology worldwide.

Contact

WhiteBIT PR Service
pr@whitebit.com

Willemstad, Curacao, August 9th, 2024, Chainwire

Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals.

Praising the move by the crypto-based poker site to increase transparency, former Austrian footballer and poker professional Mario Mosböck has partnered with the site as a new official ambassador, alongside British pro Patrick Leonard.

In an X post, Mario Mosböck stated the pair’s ‘mission is to guide the new leadership group to build the world’s best online poker site.’

Users can read CoinPoker’s proof of reserves report here.

Building A Top Online Poker Site With Cryptocurrency

Founded in 2017, CoinPoker is a relatively new crypto poker room and casino, but increasingly ranked among the top online poker sites by the likes of Card Player Magazine, PokerScout and Techopedia.

Unlike conventional internet poker sites that use fiat currency, on CoinPoker players bet with Tether (USDT) and the site is able to take advantage of the blockchain to show user funds are safe and segregated. 

Online poker was rocked by the Full Tilt Poker scandal in 2011, in which user funds were co-mingled with operating funds, and the company went insolvent in the industry’s ‘Black Friday’.

Many top poker sites increasingly accept cryptocurrencies as a deposit method, but CoinPoker is among a small and growing contingent to go ‘all in’ and embrace it for all actions at the poker table. Players can deposit USDT, Bitcoin, Ethereum, Solana, Polygon, Binance Coin or its own native token CHP which unlocks 33% rakeback for holders.

For added security, CoinPoker also makes use of Fireblocks vaults and a decentralized RNG (random number generator) software that players can verify the randomness of after every hand, utilizing Ethereum’s Keccak-256 algorithm.  

CoinPoker Sign Mario Mosböck, Patrick ‘Pads’ Leonard

28 year old Mario Mosböck, who played as a forward for Austrian Football club Wiener Neustädter SC, recently made a name for himself on the live and online poker scene.

He now has over $11.7 million in recorded live tournament earnings, including a first place finish at the Triton Super High Roller Series in Jeju for $1.1 million, and a runner-up finish at the 2023 WPT Big One for One Drop for $4.6 million.

Source – triton-series.com

Mario players under the screenname ‘livinmydream’ on CoinPoker, often seen in high stakes battles in $25/$50 PLO cash games and higher.

Patrick Leonard is a former PartyPoker ambassador and currently ranked 38th on the England all time money list by the Hendon Mob poker database. His total live earnings exceed $3.1 million – including a WSOP bracelet win – and his online earnings of over $19.2 million have seen the 35 year old often rated among the best online MTT players in the world.

https://x.com/padspoker/status/1821575144504172892

Also a highly regarded poker coach, Patrick mentors mid stakes players to improve their games, with some of the grinders under his wing going on to win EPT, WCOOP and SCOOP events.

He describes his goal at CoinPoker to help ‘create the safest and best online poker room in the world’ and worked alongside the site to produce its proof of reserves report.

Proof of Reserves on the Blockchain

On its PoR report, CoinPoker writes:

‘CoinPoker prioritizes customer security and peace of mind. Our operations are safeguarded by a Curaçao eGaming License, ensuring compliance with strict regulatory standards. We demonstrate our financial integrity through Proof of Reserves, holding sufficient funds to cover all user assets. Proof of Reserves refers to the assets we hold in custody for users when they deposit funds into their accounts. 

Here we provide proof that CoinPoker has funds held in reserve to cover all of our users’ assets 1:1, as well as some additional reserves. It’s important to note that this sum of funds refers only to users’ funds. CoinPoker’s corporate holdings, which are stored in wallets completely separately, are not factored into the proof of reserves calculations.’

At this time, CoinPoker customer deposits total approximately $16 million, and the total assets held in reserve to cover those is just under $16.75 million, equal to 105% of deposits.

The exact amount of player deposits is updated dynamically every few minutes on the coinpoker.com website.

Links are provided to view those funds on the blockchain via etherscan.io, blockchain.com, bscscan.com, and other crypto tracking sites depending on the token.

The majority of funds are held in cold storage for security, with some in hot wallets to process instant withdrawals – players can deposit and withdraw funds within minutes via a MetaMask wallet or a crypto exchange account.

To celebrate releasing the report, CoinPoker also announced an exclusive promotion for players to gain free entry into the upcoming $40k GTD Sunday Special tournament, on the company’s Instagram and other socials.

About CoinPoker

Licensed in Curaçao, CoinPoker is available for free download on Windows and Android devices, hosting No Limit Hold’em, Pot Limit Omaha and other game types across real money cash game and tournament formats. 

New players earn a 150% up to 2000 USDT matching bonus on their first deposit, and holders of the site’s native cryptocurrency CHP earn 33% rakeback on their play.

Users can open a Coinpoker account here.

Links

• Website – https://coinpoker.com/ 
• Instagram – https://www.instagram.com/coinpoker/ 
• Twitter – https://x.com/CoinPoker_OFF 
• Telegram – https://t.me/OfficialCoinPokerAnnouncements 
• YouTube – https://www.youtube.com/@CoinPoker_TV 
• Reddit – https://www.reddit.com/r/coinpoker/ 
• 2+2 – https://forumserver.twoplustwo.com/292/online-poker-sites/coinpoker-ex-official-bringing-game-back-players-1716591/ 

This article is provided for informational purposes only and is not intended to be construed as legal, financial, or tax advice. Readers should not rely solely on the information presented herein and should consult with their own legal, financial, or tax professionals regarding their specific situations. The author(s) and publisher make no representations or warranties concerning the accuracy or completeness of the information contained in this article. Reliance on any information provided in this article is solely at your own risk.

Contact

CoinPoker
support@coinpoker.com

Miami, Florida, August 9th, 2024, Chainwire

Valhalla is entering a partnership with Sunderland AFC for the full 24/25 season, including a prominent back of shirt sponsor position.

 The package includes:

• 4 minutes of in-game pitchside LED display at all home league fixtures.
• Interview backdrops at The Academy of Light – at pre-game press conferences.
• The tunnel at the Ground – for TV interviews. Within the Ground – for post-game press conferences following home league games.
• Static pitch-facing static perimeter advertising site at The Stadium of Light.
• Extensive online advertising at SAFC.COM.
• Monthly “Goal of The Month” feature across SAFC social channels.
• SAFC social posting to promote the Valhalla brand.

Delivery

Brand exposure to a global audience, with a TV audience of over 21 million and over 4.5 thousand broadcast hours. During the season, EFL games have visibility across major broadcasters such as Sky, ITV, beIN, Viaplay, Nova TV, Setanta, ESPN, and DAZN.

This partnership also offers a strong digital dimension with over 4 million followers across major social platforms with 1.7 million on Facebook and 1 million on X.

The Club

Sunderland AFC is a storied English football club with a rich history and heritage. Founded in 1879, the club is based in Tyne and Wear, England, and has a long-standing tradition of passionate support and competitive spirit. Sunderland’s trophy cabinet includes several prestigious honours. 

In addition to their six league titles, the club has won the FA Cup twice.

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.

Website: Floki.com

Contact

Community Relations Officer
Pedro Vidal
Floki
marketing@floki.com

Vancouver, Canada, August 8th, 2024, Chainwire

With the rise of the meme coin market, Yawn introduces itself as the first meme token embedded within a $1 billion ecosystem. As part of the Boys Club, YAWN allows holders to potentially gain from its expanding brand and community-focused initiatives.

YAWN aims to establish a unique position in the cryptocurrency market, leveraging advancements in technology and AI. $YAWN is supported by experienced e-commerce marketing professionals known for their success in scaling online businesses. Their involvement is expected to drive the growth and success of YAWN in both the e-commerce and crypto sectors.

YAWN’s World: Merchandise and an Expansive Product Lineup

One thing that sets YAWN apart from a token like DOGE or PEPE is its merchandise and supplement offerings. 

Available on the official Yawn E-shop (https://shop.yawnsworld.com), offerings include Sleep Gummies, Creatine, Hangover Strips, and Calming Capsules. Upcoming merchandise such as shirts, hoodies, hats, and plushies will further solidify the brand’s presence.

The YAWN ecosystem will also benefit from celebrity endorsements and extensive influence campaigns across various platforms. Future developments include a YAWN Sleep App designed to optimize users’ sleep and an AI-integrated wallet featuring a chatbot to assist traders in the crypto space. Additionally, a YAWN Web3 game is under development, integrating $YAWN, NFTs, and other rewards for users.

$YAWN Tokenomics and Security

An important aspect of the YAWN ecosystem is the tokenomics of the crypto. The total supply is 8 billion tokens where there’s a 0% tax, with no transaction fees on trades.

Additionally, 80% of the liquidity is locked for 1 year. That will make sure that there is stability with a $75,000 ETH match for the first year. The project also has a 10% development fund, with a 90-day time lock that is released daily, as well as a 5% marketing fund that is 60-day time locked and also released daily.

Finally, the token has a 5% centralized exchange fund. This will reserve tokens for a future listing on a CEX exchange. Any unused funds will be time-locked thereafter. Those will be used for liquidity, burning, or adding to a staking pool.

Security measures are robust, with the token audited by CoinMarketCap auditor Cyberscope, ensuring focus on security during rapid growth.

The Roadmap

For any crypto, the roadmap is tremendously important. YAWN features a four-phase outline:

Phase 1: The first step will be the $YAWN token launch and a marketing blitz. That will allow for clear brand establishment in the crypto space. An already developed supplement and merchandise brand alongside a notable celebrity and influence ad campaign. The products will also launch on both Amazon and TikTok shops.

Phase 2: Release of a brand-new NFT collection and additional CEX listings

Phase 3: This aspect of the plan will see the launch of GPU/Node services. It will also be the phase where the YAWN AI Sleep App is unveiled. Along with the application, the ecosystem will also introduce its own AI wallet.

Phase 4: This is where Web3 gaming comes in, as YAWN game development goes into overdrive. Additionally, DAO empowerment takes place, positioning the meme coin among the market’s most beloved cryptos.

How to Acquire $YAWN Tokens

$YAWN is available for purchase on the MEXC exchange and the decentralized exchange Uniswap. The contract address for $YAWN is 0x881d4C8618D68872fA404518B2460eA839A02a6a.

Become Part of the YAWN Community 

For those interested in the expanding YAWN brand, joining the community offers a way to engage with and contribute to the ecosystem. Users can follow the project on its website, Telegram, X (formerly Twitter), and Coinmarketcap for updates and participation opportunities.

About YAWN

YAWN’s World is a pioneering meme token embedded within a billion-dollar ecosystem, merging cryptocurrency innovation with e-commerce. Supported by a team of seasoned marketing professionals, YAWN offers a diverse range of products, including supplements and merchandise, and aims to transform the meme token market with advanced AI technology and a unique product lineup.

Contact

Jue Lu
Support@yawnsworld.com

London, United Kingdom, August 7th, 2024, Chainwire

Blockchain-based solution drives significant improvements in data visibility, accuracy and operational efficiency within cargo handling sector, according to research conducted by Aventus at Heathrow Airport

Airlines can benefit from overall cost savings in their cargo handling operations by leveraging Web3-based solutions, according to a study conducted by Aventus & Airport Perishables Handling (APH) at Heathrow Airport.

The existing toolset used for global ULD management has remained unchanged since the 1990s and relies heavily on manual data inputs, resulting in critical challenges with data visibility and accuracy, secure information sharing, and costly ULD losses, damages and delays – costing airlines north of $1.6 billion annually. 

Web3, through blockchain technology, offers a robust solution to the challenges of traditional ULD management, by: 

• Enabling immutable, tamper-proof records that provide a single source of truth, eliminating disputes and improving regulatory compliance;
• Reducing administrative overhead and minimize errors by automating manual processes via self-executing smart contracts; 
• Enabling real-time visibility into ULD location, custodianship and condition, and streamlining data sharing to enable airlines to optimize operations.

In a pilot study conducted at Heathrow Airport, Aventus, an industry-leading provider of end-to-end Web3 solutions for enterprises and parachain on Polkadot, found that its end-to-end blockchain-based cargo handling solution drives improvements in data visibility, accuracy and operational efficiency within the cargo handling sector.

• 90% reduction in communication and error incidents as a result of digitized data capture; 
• 83% reduction in manual documentation time;
• 81% reduction in time between ULD stock updates from 3-4 hours to just 30 minutes, enabling real-time decision-making; and
• 28% reduction in loading times as a result of optimized ULD loading workloads.

Alan Vey, Founder at Aventus, comments: “These results are truly remarkable, underscoring the transformative potential of blockchain for not only the aviation industry but for supply chains globally. We are proud to be empowering enterprises to enhance data accuracy, reduce operational inefficiencies, and achieve greater transparency. As we expand our partnerships across North America, Europe, the Middle East and Asia, we anticipate these results to only improve via network effects.”

Michelle Roosevelt, Director at Aviation Perishables Handling, adds: “Aventus’ technology is fast and responsive, which is key in our busy airport environment. We’ve seen huge improvements in productivity. The app is more than a tool – it’s reshaped how we manage and track our aircraft containers, and the Aventus team’s support and expertise in meeting our needs has been outstanding.”

Aventus’ aviation solution brings partnerships with major enterprises to the Polkadot ecosystem, including Aviation Perishables Handling at Heathrow Airport, Vodafone’s Digital Asset Broker, as well as other major airlines across Asia and the Middle East.

For more information on the study, users can download the full report here. 

About Aventus

Aventus transforms how customers create trust and unlock growth, crafting pioneering Web3 solutions for brands, from creating more connected, integrated experiences to enhancing traceability, transparency, and product authentication. Founded in 2020, Aventus is the only trusted digital product extension platform that provides a secure and reliable Web3 environment for customers to launch market-leading programs and product activations. 

With deep industry expertise and a strong understanding of enterprise needs, Aventus delivers the best feature sets of Web3 with the familiarity of Web2, driving significant brand reputation, trust, and enterprise growth for its customers. Its production-ready, end-to-end Blockchain-as-a-Service software is modular, scalable, and interoperable, giving clients the flexibility they need to respond to rapidly-evolving market opportunities.

Contact

Head of Marketing
Ellie Hyman
Aventus
ellie.hyman@aventus.io

Brisbane, Australia, August 7th, 2024, Chainwire

Australian gemstone company NYBlue Pty Ltd has emerged as a key player working to redefine the global gemstone market. The company’s strategic venture involves a plan to secure control over the world’s blue zircon supply, a move that holds the potential to reshape the value dynamics of the global gemstone market. 

Previously this month, the company released its whitepaper, detailing its current pre-sale and subsequent public float of its ‘real world asset’ cryptocurrency, following its announcement of holdings of more than one million carats of the rare gemstone.

NYBlue’s primary strategy lies in systematically increasing its current holdings, to continue acquiring all available Cambodian blue zircons, establishing control over the supply chain and potentially influencing the future value of these precious stones.

Earlier today company representatives were interviewed on CryptoBanters’ Town Hall podcast, to announce the launch of their RWA token pre-sale which has garnered considerable interest from the crypto community since being announced earlier this year.

A video released by NYBlue questions rhetorically “What would be a more appropriate display of affection, for your significant other; a piece of compressed, common, carbon, or instead something more ancient than Earth, exceedingly rare, and twice as brilliant as diamond? 

NYBlue majority shareholder, Mitch Brownlie has stated “We believe that Cambodian blue zircon deserves recognition as one of the most extraordinary, underappreciated and undervalued gemstones on the market” 

The Australian company NYBlue; is financed by Australian AgTech founder & former political advisor; Mitch Brownlie, who has recently discussed the project on various podcasts; often comparing the NYBlue project with a previous gemstone rally; when the African gemstone ‘tanzanite’ surged from obscurity, to reach parity with Diamond. 

Tanzanite Spot Price – An inspiration for NYBlue.

NYBlue draws inspiration from the historical trajectory of the tanzanite market, where prices experienced a tenfold increase over three years. The company anticipates a similar trajectory for zircons, aligning its strategy with past successes to project a potential surge in value. 

NYBlue, has previously announced its plan to launch its gemstone-backed cryptocurrency codenamed ZIRC where each token is fully backed by and redeemable for a 1-carat blue zircon gemstone. This approach allows consumers to benefit from the rise of blue zircon without the risks of volatility associated with traditional cryptocurrencies. Owners of Zirc tokens will have the option to redeem their cryptocurrency for gemstones at any time, ensuring a stable, arbitrage-enforced peg between the two assets. 

NYBlue aims to acquire the majority of globally available gem-quality blue zircons, effectively positioning itself as a dominant force in the market. This approach is designed to exert influence over the supply chain, creating a ripple effect on the market value of blue zircons across the industry.

NYBlue’s strategic initiative is not a short-term play; it is an ambitious endgame to secure a controlling stake in the multi-billion-dollar gemstone market. With a collection of gemstones valued at around $300m, NYBlue aspires to redefine the gemstone narrative on a global scale. This venture positions the company as a significant player, with the potential to impact the industry’s landscape for years to come.

In their quest for dominance in the gemstone market, NYBlue has announced a new and highly disruptive initiative; the launch of a blockchain-backed cryptocurrency named ZIRC, with each unit of the blockchain being fully backed by; and redeemable for a 1 carat blue zircon gemstone. This innovative approach allows individuals to participate in the potential rally of blue zircon values, by offering exposure to the underlying commodity without the inherent risks associated with traditional highly volatile cryptocurrencies.

Buyers have the option to redeem their ZIRC tokens for actual gemstones at any time, effectively eliminating the possibility of the token’s value dropping below the market price of the gemstone itself, providing consumers with a tangible and secure asset. This strategic integration of blockchain technology not only enhances transparency and security but also democratises access to the exclusive world of the international gemstone trade.

NYBlue’s PreSale is now live on Zir.co.nz

About Zirc

Zirc offers a cryptocurrency fully backed by blue zircon gemstones. Each ZIRC token is redeemable for a 1-carat blue zircon, providing a stable and tangible asset. The platform aims to integrate blockchain technology to enhance transparency and security, making it accessible for individuals to participate in the gemstone market without the risks associated with traditional cryptocurrencies. Zirc’s approach democratizes access to blue zircons and offers a unique investment opportunity backed by real-world assets.

Contact

Director
Mitch Brownlie
NYBlue Pty Ltd
redeem@nyblue.com

Grand Cayman, Cayman Islands, August 6th, 2024, Chainwire

Sui’s new Mysticeti protocol cuts consensus latency to 390 ms, elevating its industry-leading tech and developer stack to new highs.

Sui, the pioneering Layer 1 blockchain known for industry-leading performance and infinite horizontal scaling, today announced the successful deployment of Mysticeti on Sui Mainnet after a successful run on Testnet. This innovative protocol cuts consensus latency to an astonishing 390 milliseconds, establishing Sui as the fastest consensus layer in the industry.

Developed from extensive research into Byzantine fault tolerance (BFT) consensus mechanisms, Mysticeti represents a significant advancement from Narwhal-Bullshark, the consensus algorithms launched with Sui Mainnet over a year ago. Mysticeti achieves unprecedented transaction speeds, extending Sui’s impressive low latency performance across all transaction types on the network.

Sui’s object-oriented architecture allows the network to process transactions differently based on the characteristics of the transaction and the objects involved. Transactions on Sui involving only “owned objects,” such as peer-to-peer transfers, bypass the need for consensus, following a fast-path execution that completes in a shorter time. Now, with Mysticeti, transactions involving shared objects, such as those in marketplaces or collaborative game assets, are processed using an optimized version of BFT consensus that results in lower latencies nearly akin to those of owned object transactions. Mysticeti minimizes cross-validator communication and fully utilizes network bandwidth to maintain high throughput.

Live on Testnet for the past three months, Mysticeti’s remarkable results – including an 80% reduction in latency – generated significant buzz within Sui’s developer community and a broad desire to see the update pushed to Mainnet. With the update now live, the Sui Network can handle tens of thousands of transactions per second with end-to-end latencies well below one second.

“Mysticeti’s successful deployment is a testament to the collaboration between research and engineering, and the validator community that has integrated this new consensus mechanism,” said Dmitri Perelman, Head of Engineering at Mysten Labs. “Mysticeti is a next-generation consensus protocol that sets a new standard for blockchain transaction speeds and puts Sui at the forefront of our industry.”

Kevin Nelson, Co-Founder & CTO of Aftermath Finance, which created a leading DeFi protocol on the network said, “Mysticeti’s shift to minimizing latency for the general case—shared object transactions—marks a significant advancement across many sectors on Sui, particularly within the Sui DeFi ecosystem. The rollout to Mainnet has already begun to show tangible results, with noticeable latency reductions across our entire product suite. At Aftermath, we are excited to leverage Mysticeti’s full capabilities to deliver more efficient, lower latency products to market.”

Rabeel Jawaid, Co-founder of leading derivatives exchange Bluefin said, “On-chain settlement latency just dropped significantly on Bluefin with the Mysticeti upgrade! P50 consensus latency currently is just under 400ms and E2E client latency when measured via a fullnode is under 1s for P50, which as far as I know is the fastest in Web3 right now – especially at scale with parallelization. With this upgrade, the trading experience on Bluefin has already become more seamless for retail, and our institutional partners have started to scale their flow and liquidity on the platform.”

Bonkman, the pseudonymous Founder of Hop, a DEX aggregator on Sui said, “Hop allows users to interface with Sui DeFi. This makes it dependent on Sui’s consensus mechanism and before Mysticeti swaps took roughly 2-3 seconds. Now, nearly every single swap takes less than 1 second to execute and reach finality. In all of web3, there has never been a better DeFi experience that is present today on Hop via Mysticeti.”

Contact

Sui Foundation
media@sui.io