chainwire

Dubai, UAE, October 26th, 2024, Chainwire

The 13th edition of the Blockchain Life Forum, the premier gathering for cryptocurrency leaders worldwide, recently concluded with an astounding attendance of over 12119 participants.

The forum showcased over 200 esteemed speakers, featuring industry pioneers and executives from top companies, including OKX, CoinMarketCap, Bitmain, Bybit, Binance, Animoca Brands, Circle, BingX, ICP, Kraken, TON, Sandbox, Polygon, Litecoin, Sui, BNB Chain, Cardano, DYDX, VeChain, Osmosis, Chiliz, Algorand, Ether Fi, Manta, Mantle, Delysium, and many more.

The exhibition of crypto companies featured 125 amazingly beautiful booths. Major players such as OKX, Bitmain, BingX, KuCoin, Bitget, Listing.Help, and Uminers offered attendees an exclusive glimpse into the latest technologies and innovations shaping the crypto landscape.

As a spectacular finale to the forum, participants enjoyed the Legendary AfterParty at one of the world’s premier clubs, SKY2.0. This informal networking event provided a platform for top industry figures to connect, complemented by a dazzling live performance from internationally celebrated artist French Montana, who thrilled over 1,200 attendees with his chart-topping hits.

Looking ahead, the next Blockchain Life is scheduled to be held on October 28-29, 2025 in Dubai. 

Presale tickets and sponsorship applications for the upcoming Blockchain Life are currently available – users can visit https://blockchain-life.com for more information.

The organizers of Blockchain Life 2024 – Listing.Help and Jets.Capital

General Sponsor of Blockchain Life 2024 – Uminers

General Sponsor of the Official AfterParty – Bitmain

Contact

Maria De
info@blockchain-life.com

Miami, Florida, October 25th, 2024, Chainwire

Valhalla, Floki’s PlayToEarn Massively Multiplayer Online Role-Playing Game (MMORPG) blockchain game, has teamed up with the Hong Kong International Cricket Sixes as its official partner, marking the much-anticipated return of the tournament after a seven-year break.

From November 1 to November 3, top international teams will face off in this fast-paced cricket format at the Tin Kwong Road Recreation Ground.

The Cricket Sixes has been a celebrated event since its debut in 1992, with legendary players like Sachin Tendulkar, MS Dhoni, Shane Warne, and Sanath Jayasuriya gracing the field over the years. 

Valhalla’s partnership with the Sixes reflects the synergy between competitive sports and the blockchain gaming world. 

“We are thrilled to be part of the Hong Kong International Cricket Sixes. The excitement and energy of this iconic event resonate with our own commitment to innovation and community in gaming,” said Mr. Brown Whale, Valhalla’s lead. “This collaboration allows us to engage with cricket fans and show how PlayToEarn gaming can elevate both entertainment and the spirit of competition.”

The matches will be broadcast across multiple regions by Star Sports Network, and in India, viewers can catch the action on Fancode, one of the country’s largest sports OTT platforms.

On the ground, key branding assets will include ground perimeter boards, mid wicket logo mats, and the presentation backdrop, ensuring strong visibility for both Valhalla and the Sixes event.

This year’s tournament will feature 12 teams divided into four groups. In Group C, India, led by stars like Robin Uthappa and Kedar Jadhav, will face off against Pakistan and the UAE. 

Group A includes South Africa, New Zealand, and host nation Hong Kong. Group B brings together Australia, England, and Nepal, while Sri Lanka, Bangladesh, and Oman make up Group D. The top two teams from each group will progress to the quarterfinals, with 29 matches set to take place over three action-packed days.

About Hong Kong Sixes

The Hong Kong Cricket Sixes is a six-a-side international cricket tournament held at the Kwong Road recreational ground from 1st to 3rd Nov. The 2024 edition will be conducted after a 7 year gap and 12 of the best cricketing nations will battle it out for top honors. Uses can learn more at www.hkcricket.org

About Valhalla

Valhalla is a blockchain-based MMORPG inspired by Norse mythology, offering players the chance to discover, tame, and battle with creatures called Veras. The game features a player-driven economy and a hexagonal battlefield designed for dynamic combat. Users can learn more at Valhalla.game.

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

Contact

Community Relations Officer
Pedro Vidal
FLOKI
marketing@floki.com

Vilnius, Lithuanian, October 24th, 2024, Chainwire

BingX, a global leading cryptocurrency exchange, has fully restored its operational capacity following a recent hot wallet incident, with all deposits and withdrawals back to normal. In response to the event, BingX is unveiling its new “ShieldX” initiative, a comprehensive plan aimed at enhancing the platform’s security infrastructure.

“ShieldX” introduces an upgraded wallet firewall designed to provide advanced protection against external threats, further safeguarding user assets. BingX has also partnered with leading third-party security firms to implement extra round-the-clock monitoring and threat detection, ensuring any vulnerabilities are identified and addressed swiftly and proactively.

In addition to enhanced firewalls and partnerships, BingX will undergo regular, rigorous security audits conducted by independent security agencies. The exchange is also rolling out a new hacker bounty program, offering rewards to security researchers who help identify potential vulnerabilities, reinforcing its dedication to continuous improvement.

Utilizing its new cybersecurity initiative, BingX is reaffirming its position as a leader in the cryptocurrency space by putting user safety at the forefront. This initiative not only enhances security but also emphasizes the exchange’s long-term commitment to transparency, resilience, and innovation in the face of evolving cybersecurity challenges.

Vivien Lin, Chief Product Officer at BingX, emphasized the importance of the platform’s swift recovery and ongoing commitment to user security. “We are pleased to confirm our platform has not only returned to standard operations but the platform has also been thoroughly enhanced to a higher performance level than before the incident. BingX’s quick response highlights our dedication to safeguarding user assets, with trust, efficiency, and transparency at the heart of our approach. The launch of ‘ShieldX’ marks a crucial step in proactively strengthening our platform’s defenses,” Lin said. “Our priority remains ensuring a secure environment for all users through continuous improvements and strategic partnerships. Furthermore, we are committed to collaborating with industry leaders to drive higher security standards across the crypto ecosystem.”

About BingX

Founded in 2018, BingX is a leading cryptocurrency exchange serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became Chelsea FC’s principal partner, marking an exciting debut in the world of sports.

For media inquiries, users can contact: media@bingx.com

For more information users can visit: https://bingx.com/

Contact

BingX Media
media@bingx.com

George Town, Cayman Islands, October 23rd, 2024, Chainwire

Variational powers Omni, a platform that allows users to trade perpetual futures on memecoins, points, baskets, pre-market tokens, and more. 

Variational, a protocol enabling leveraged peer-to-peer trading for customizable crypto derivatives, announced today it has secured $10.3 million in seed funding. The round was co-led by Bain Capital Crypto and Peak XV Partners (FKA Sequoia India) with support from Coinbase Ventures, Dragonfly Capital, North Island Ventures, HackVC, and many other VCs, angel investors, and industry leaders.

Variational automates the entire trading and clearing process through the use of on-chain settlement pools, a low-latency pricing oracle, and robust liquidation & funding rate engines. This infrastructure allows Variational to offer safe peer-to-peer trading of perpetuals, futures, options, and more.

Omni, Variational’s first application, is a retail-focused platform designed for seamless trading of permissionless perps. Omni enables traders to take leveraged long or short positions on any time series, with a particular focus on newly launched tokens, baskets, yield/volatility perps, and other novel products. Omni maximizes liquidity on all markets through the dedicated Omni Liquidity Provider (OLP), which aggregates liquidity and hedges through DEXs, CEXs, and OTC markets. The Omni Liquidity Provider will be open to community deposits, allowing any Omni user to potentialy earn based on OLP’s performance. Omni is currently live in testnet on Arbitrum Sepolia, and will go live on Arbitrum One upon its mainnet launch.

“Our vision is for Variational to underpin applications for both retail and institutional derivatives traders,” said Lucas V. Schuermann, CEO of Variational. “While our current focus is to revolutionize long-tail perps trading with Omni, we have ambitions for Variational Protocol to streamline OTC trading flows, make hedging easier for institutions, and more.”

Founded in 2021, Variational is led by co-founders Lucas V. Schuermann and Edward Yu. Both founders have extensive experience in crypto derivatives, having previously founded and sold a quantitative hedge fund and ran the engineering team of one of crypto’s largest market makers. The protocol is maintained by a veteran engineering team active in algorithmic crypto trading since 2016 with prior experience at Google, Meta, Goldman Sachs, Etsy, Twilio, and more.

“Crypto derivatives need the reliability, simplicity, and adaptability that the Variational protocol provides,” said Tom Schmidt, Partner at Dragonfly Capital. “Omni in particular goes beyond just efficient trading — it unlocks access to new derivatives for all market participants. We’re proud to support them in bringing new and unique markets to a broader audience.”

“With so many industry leaders participating in this round, we’re more confident than ever about the excitement for Variational,” Lucas elaborated. “It’s been humbling to see the response from both institutions and retail about the problems we’re working to solve.”

For more information and to sign up for early access to Omni’s mainnet, users can visit variational.io.

About Variational 

Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives. Variational automates the process of trading and clearing end-to-end for safe peer-to-peer trading of options, futures, perpetuals, and more.

Variational Protocol will initially support two apps: Omni, a retail-focused platform for permissionless perps trading, and Pro, a platform catering to advanced and institutional traders of nonlinear derivatives. In the future, Variational Protocol’s open design will facilitate the growth of a vibrant ecosystem, with additional applications focusing on areas such as potential yield generation, lending, and more.

For more information, users can follow Variational’s Twitter.

Contact

Senior PR Manager
Kayla Gill
bccmedia@serotonin.co

Geneva, Switzerland, October 23rd, 2024, Chainwire

Zyfi , a blockchain-based platform delivering enhanced on-chain experiences, has announced the launch of its public community sale, offering $150,000 worth of ZFI tokens. This follows a $350,000 sale for whitelisted users. The public sale represents the final opportunity for early participants to acquire Zyfi tokens ahead of the platform’s upcoming Token Generation Event (TGE).

Zyfi’s platform is designed to simplify on-chain transactions by leveraging Paymaster and Intent technologies powered by ZKsync. The company has formed partnerships with established platforms including Venus, SyncSwap, PancakeSwap, and Koi Finance, serving as their official paymaster. These collaborations enable gas-free transactions and the flexibility to pay gas fees using any token, supporting both externally owned accounts (EOAs) and smart wallets.

Zyfi has already processed over 1.7M transactions for more than 230,000 users on ZKsync and has deployed its smart contracts on three other chains: Cronos zkEVM, Abstract (backed by Pudgy Penguins), and PlayFi.

Powered by an API that streamlines protocol complexities, Zyfi’s approach simplifies user experiences and democratizes access, enabling broader on-chain engagement without the hassle of managing ETH for gas.

On October 8, Zyfi revealed a checker to participate in their community sale to purchase their ZFI token. The community sale is divided into two main phases: a Whitelist Phase, offering first access to Zyfi’s partners and community, followed by a Public Phase open to everyone. The Whitelist Phase presents various advantages, such as the opportunity to invest 48 hours before the public sale and receive a 10% cashback in ZK on the investment amount (e.g., $10,000 invested = $1,000 worth in ZK). The Public Phase is now open to anyone who believes in Zyfi’s vision of building the best on-chain experiences leveraging Paymasters and Intents, with the same terms as the Whitelist Phase but without the ZK reward.

The checker is now live, allowing users to determine which sale event they can participate in, providing advantages for whitelisted users while giving everyone the opportunity to invest.

The ZFI token is a utility token that can be used to pay gas fees on the Zyfi platform and Zyfi’s integration partners. Holders who choose to pay gas fees with ZFI benefit from a direct 20% discount on the total gas cost, making transactions more cost-effective. Additionally, ZFI is the only way to acquire stZFI, the governance token of the Zyfi DAO. By holding and staking ZFI tokens, users can participate in Zyfi governance, with 33% of the total supply under their control, influencing key decisions such as fee activation, reward allocation, and grant distribution. Stakers will also earn an APY in Zyfi staking points based on their staked amount.

Users can join Zyfi here.

About Zyfi

Zyfi is dedicated to enhancing on-chain experiences by utilizing technologies such as Paymaster and Intents. Through these innovations, Zyfi aims to streamline transaction processes and broaden accessibility for users within the digital asset space.

• Documentation: https://docs.zyfi.org/
• dApp: https://zyfi.org
• Telegram: https://t.me/joinchat/3-fAd9pmy9gwODlk
• Twitter: https://x.com/Zyfi_org 
• Discord: https://discord.com/invite/KHchZXmv8Q

Contact

Gauthier Vila
gvila@zyfi.org

London, United Kingdom, October 24th, 2024, Chainwire

Peanut launches a beta of the first self-custodial offramp, allowing users to directly cash out any token on 20+ EVM chains to their bank accounts—without relying on centralized exchanges. This beta feature is being rolled out in the EU and US first.

This new beta feature creates an important bridge between crypto and fiat. Users can cash out funds from any token on 20+ EVM chains directly in US Dollars or Euros to their bank account, skipping the need for CEXes or other custodied solutions. This works by creating a bridge between the blockchains and fiat payments networks like IBAN, BIC, or SWIFT. 

Peanut’s key feature is texting funds using QR codes or messengers such as WhatsApp, Telegram, email etc. With the self-custodial offramp, recipients can now transfer their funds directly to their bank account without the need to have a wallet themselves. This breakthrough in crypto accessibility makes transferring money across platforms frictionless and user-friendly. In addition to texting funds without worrying whether the recipient uses crypto or fiat, users of self-custodial wallets can now directly offramp into their bank account without using a CEX. 

“Texting money is now possible,” said Hugo Montenegro, co-founder of Peanut and a Harvard graduate. “This is a major step toward simplifying crypto for everyday use, meaning you can send stablecoins through channels like WhatsApp, Telegram, Email etc. We use this to pay freelancers all the time.”

For the beta launch of this new feature, a discounted fee of $1 + 0.25% applies. The minimum cashout amount is $10.

About Peanut

Peanut is at the forefront of transforming crypto payments with its innovative fully decentralized self-custodial protocol – Peanut Protocol. It enables seamless, cross-chain and offramping transactions using seamless payment links. The platform allows users to easily send, receive, cross-chain swap and offramp funds to fiat currencies, making crypto more accessible than ever. Peanut’s unique secret-protected vault smart contracts provide top-tier security, ensuring that funds are only released when a private link is shared by the sender.

“Anyone can now send funds seamlessly”, said Derek, CTO of Reown.

With support for over 20 blockchain networks and plans to expand to Bitcoin and Solana, Peanut Protocol is committed to simplifying the crypto experience for everyone. As a non-custodial, permissionless solution, Peanut empowers users with full control of their digital assets. Leading blockchain projects such as Blockscout, WalletConnect, and Clave Wallet are already leveraging Peanut’s technology to enhance their user experience.

For more information, users can visit https://peanut.to/ or contact press@peanut.to

Contact

Co-Founder
Konrad Urban
Squirrel Labs
press@peanut.to

Los Angeles, USA, October 22nd, 2024, Chainwire

Decentraland, the first decentralized virtual social world, launched a powerful new desktop client today, signaling a new era for experiencing spatial environments. This beta release enhances performance, delivers a more immersive environment, and introduces new engaging features, setting the stage for future innovations and expanded creator tools. 

This milestone marks the shift away from a browser-based experience, replaced by a more stable, Unity-powered desktop client and the new Creator Hub, aligning with Decentraland’s vision for an interconnected metaverse. 

“Today marks a new chapter for Decentraland. As virtual worlds take on a larger role in digital life, Decentraland is committed to creating a virtual world where people, not corporations, own their digital lives. Traditional platforms view their users as products while limiting real ownership, but Decentraland flips this script, using decentralization to empower its users,” said Yemel Jardi, Executive Director of the Decentraland Foundation. “As the internet transforms into a more immersive, spatial experience, Decentraland is leading the movement to creating a space that champions social connection, creativity, and autonomy—transcending cultures and backgrounds. This next chapter is about unlocking the true potential of the open metaverse, ensuring that as the digital world grows, it remains user-driven, community-focused, and grounded in open standards.”

Key Features of the New Desktop Client

• Performance Boosts & Smoother Gameplay- The new desktop client brings a highly anticipated performance upgrade. Users will enjoy faster load times, higher frame rates, and smoother multiplayer interactions, even in high-traffic areas. 
• Immersive Environments- The new client brings Decentraland’s world to life like never before, introducing dynamic lighting with binary suns and moons, new beaches and ocean views, and procedurally generated environments, including dynamic trees, foliage, water, and sound effects. The landscape now loads up to 80 parcels away, offering users a more expansive and visually rich experience “from horizon to horizon.”
• New Engagement Mechanics- A long incubated component of Decentraland is launching as part of the beta release, Daily Quests and mini-games, with more to be added in the near future. Daily Quests will increase active participation, engaging users to explore Decentraland and complete various tasks in exchange for rewards, such as Wearables and Emotes. The beta release also includes an all-new Badges system that motivates users to action by tracking and showcasing their achievements on the platform.
• Simplified User Controls- Decentraland now offers expanded player profiles and a redesigned backpack where users can customize their avatars in a more intuitive manner. Navigation has also been streamlined with a quick-access bar for profile, map, and backpack features. 
• Enhanced Avatars & Social Interactions- Avatars in Decentraland have been significantly upgraded, offering smoother movement, improved rendering, and natural interaction with the environment. New chat bubbles, name color differentiation, and emoji integration make communication more interactive and engaging.

A Future-Ready Platform

With this release, Decentraland is laying the groundwork for its next chapter, as the new desktop client and code base offer the capabilities needed to expand into VR and mobile experiences.The new desktop client serves as the cornerstone for this evolution, ensuring that Decentraland remains a top-tier platform for immersive, decentralized virtual experiences.

“This upgraded desktop client transforms how people experience Decentraland,” said Kim Currier, Head of Partnerships and Marketing at Decentraland. “For our community, it’s about more than just faster load times and smoother interactions—it’s about creating a beautiful, vibrant space where people can genuinely connect and form new friendships from across the globe. With this release, we are also introducing the new Creator Hub, an all-in-one platform where creators can learn and build. It also provides businesses with opportunities to engage their audiences more effectively by using virtual spaces to create experiences that encourage active participation. It’s a big step forward, enriching how our community interacts and experiences Decentraland together.”

New Desktop Client: Access and Details

The future of Decentraland and virtual social worlds starts now. Experience a revitalized, interactive digital environment by downloading the new desktop client available on Mac and Windows. For more information and to download the new client, users can visit Decentraland.

About Decentraland

Decentraland is the first decentralized, community-driven virtual social world. It empowers users to create, explore, and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom—free from the constraints of corporate control. Governed by its community through a decentralized autonomous organization (DAO) and supported by a non-profit Foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership, and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives.

Contact

Jo Hunt
jo@serotonin.co

New York, New York, October 22nd, 2024, Chainwire

Today, the Stacks Foundation announced that leading security firm Asymmetric Research has joined the Stacks ecosystem as a security contributor to the leading Bitcoin L2. The team is already making significant contributions to the ecosystem, acting as an embedded security team during their audit of the upcoming BTC asset and joining the Stacks signer network through our delegation program.

Asymmetric has a proven track record of securing some of the industry’s most prominent protocols. It is the security partner for leading bridge Wormhole, Jump Crypto, several top DeFi projects, and leading protocols such as Solana, Cosmos, Berachain, and others. Asymmetric is also a core contributor to Solana’s highly anticipated new validator client, Firedancer.

Signers play a critical role in the Stacks network, securing the deposit and withdrawal process between BTC and sBTC, ensuring a seamless and secure transfer of BTC to the Bitcoin L2 ecosystem. Asymmetric will join other industry leaders in supporting the network and overall security of sBTC, including BitGo, Blockdaemon, Copper, Figment, Kiln, Luganodes, Chorus One, and more than 30 other institutional node operators, making the Stacks Signer network the most robust in the Bitcoin ecosystem.

The release of sBTC, expected in Q4 of this year, will offer developers a trust-minimized, decentralized, programmable Bitcoin asset. The asset is 1:1 Bitcoin-backed and will allow developers to leverage the security, network effects, and 1.2T in latent capital of the Bitcoin network. Among other use cases, sBTC will enable more secure forms of Bitcoin DeFi which is expected to be a major catalyst in activating the Bitcoin economy.

For any project, layers of security are crucial, and Asymmetric Research represents one more major addition to Stacks’ overall security program. This program already includes sBTC’s decentralized network of validators/signers (removing the need to entrust a single entity and mitigating counterparty risk) and sBTC’s design to include 100% Bitcoin finality, securing sBTC at the consensus level of a $2.5 billion network.

In addition to numerous audits, including Asymmetric Research’s audit efforts, other initiatives this year have added to a well-rounded approach to Stacks security. This includes direct and ongoing testing with the aforementioned leading Signers, the onboarding of Hypernative, the emergence of a dedicated whitehat security program, a consultation agreement with the Staking Defense League, an ongoing Immunefi bug bounty program, and dedicated Stacks Foundation Residents focused exclusively on fuzz and penetration testing throughout 2024.

“The value of building on Bitcoin comes down to security. It’s not enough to simply build on Bitcoin— ecosystems must prioritize securing activity at all layers as we collectively look to unlock the Bitcoin economy. With Asymmetric Research, the Stacks ecosystem is adding yet another high-caliber entity to the mix of industry leaders collaborating to make sBTC the best version of programmable BTC available. Stacks core developers and Asymmetric share a commitment to protecting users and developers, and in addition to being a match in technical pedigree, are culturally aligned groups that will enhance each other’s thoughtful and rigorous approaches.” Mitchell Cuevas, Executive Director at The Stacks Foundation said.

Jonathan Claudius, Chief Executive Officer at Asymmetric Research added, “Asymmetric Research is proud to participate in the Stacks ecosystem as it pioneers trust-minimized, decentralized assets like sBTC.”

Please join us in welcoming the Asymmetric Research team to the Stacks Ecosystem, and look out for more information in the coming weeks about how you can engage with the work they will be doing.

About Stacks

Stacks is a Bitcoin L2 that enables smart contracts and decentralized applications to use Bitcoin as a secure base layer. The 2024 Nakamoto and sBTC releases will bring faster speeds and transactions backed by 100% Bitcoin finality. ‍Stacks is the current leading Bitcoin L2 by developer traction and market cap and is poised to help unlock Bitcoin and its $500B in passive capital as a fully programmable, productive asset. The Stacks (STX) token, used as gas on the L2, was the first to undergo an SEC-qualified sale in the United States. The project explicitly decentralized with the mainnet launch in 2021. In the Stacks ecosystem, there are currently 30+ contributing entities including a non-profit Stacks Foundation, a developer tooling company Hiro, Xverse, Trust Machines, Mechanism, Bitcoin L2 Labs, ALEX, Bitcoin Frontier Fund, and more.

Contact

Dasi Kaplan
pr@marketacross.com

London, United Kingdom, October 22nd, 2024, Chainwire

Aventus, a leading provider of enterprise blockchain solutions and parachain on Polkadot, today confirms the launch of Aventus 2.0, an evolution of the Aventus Network aimed at establishing a stronger foundation for long-term growth and value capture. 

The update introduces several strategic initiatives designed to enhance network performance and stakeholder utility, including increasing transaction volume and overall network usage, expanding the ecosystem through successful partnerships with Layer 3 appchains, enhancing token holder engagement via a liquidity mining program, and reducing token supply via a burn mechanism. 

The vision for Aventus 2.0 was developed by MVP Workshop, a Blockchain Product Research & Development Studio who designed Polygon Edge and Astar Network, in collaboration with Scytale Digital and the Aventus Services team.

Following the approval of a community governance proposal in which AVT token holders voted in favour of executing this vision, the Aventus Services team will implement the Aventus 2.0 plan over the next four months. This process underscores Aventus’s commitment to stakeholder-driven decision-making, ensuring that major network decisions are made through community consensus.

Aventus 2.0 comprises three main components: 

1. A Layer 3 appchain model, whereby enterprises are able to operate on the Aventus Network and benefit from the security, scalability, interoperability and decentralised infrastructure offered by the Aventus ecosystem.
2. A liquidity mining program on Uniswap, including a custom user-friendly dApp, to enhance token holder engagement. Appchains are also able to request grants from Aventus community treasury and launch their own liquidity mining programs to drive liquidity for their own tokens, contributing a portion of their token supply and network fees to the Aventus treasury to support the broader Aventus ecosystem and its development.  
3. A new collator rewards mechanism to ensure a secure and efficient Aventus Network, alongside an automatic burn mechanism for a portion of gas fees to reduce the overall supply of AVT tokens in circulation.

Alan Vey, Founder at Aventus, commented: “Aventus 2.0 builds on important learnings from existing Aventus Network clients as well as the invaluable expertise of our partners at MVP Workshop & Scytale Digital, and represents a significant milestone in our journey to enhance the Aventus Network’s capabilities and deliver greater value to stakeholders.”

The appchain model is already seeing traction, with existing users of the Aventus Network having recently launched their own Aventus Layer 3 appchains.

Barry Helfrich, CIO at Enigmatic Smile, adds: “We needed the Voucher Ledger solution to be secure, fast and stable enough to process the discounts collected by hundreds of millions of users in our rewards ecosystem — no small feat, but Aventus has helped us build such a solution. The team has been helpful, professional and responsive throughout the process. We’re looking forward to continuing our long-standing relationship with them.”

The updated network will provide enhanced functionality and improved user experiences, positioning the Aventus Network as a trusted leader in enterprise blockchain solutions and key contributor to enterprise use cases within the Polkadot ecosystem.

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 one 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.

For more information, users can visit: www.aventus.io, and also their X, LinkedIn and Telegram.

Contact

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

Hong Kong, Singapore, London, and Dubai, Global, October 22nd, 2024, Chainwire

Scroll, the leading zero-knowledge rollup for Ethereum, announced the launch of its native token, $SCR today. 

With the introduction of $SCR, Scroll recognizes its global community of contributors for their ongoing support and aims to provide everyone, everywhere with opportunities to participate in the decentralized future of Scroll. 

$SCR will be distributed to Scroll contributors through thoughtfully designed allocations to maximize impact in creating opportunities for a decentralized global community. Initial distribution of $SCR will include an airdrop to participants who contributed to onchain activities, projects that have built on Scroll, industry contributors (such as technical contributors, zero-knowledge researchers, open-source developers, public goods organizations, and educational data providers) as well as broader global community organizers, hackathon winners, Road to DevCon and Ethereum translators. The design of this first airdrop recognizes the importance of Scroll contributors’ participation, involvement, and community support. 

In addition, Scroll will be introducing the next generation of reward programs, to generate new ways of fostering innovation and elevating support for the Scroll community. Scroll Open, a new program designed to reward the most innovative, creative, and fast-growing builders on Scroll will provide retro grants with a potential allocation size of US$100 million. 

Using advanced zero-knowledge technology, Scroll has the fastest finality among all rollups, making it a cornerstone of the platform’s security and interoperability. This innovation transforms finality from a mere technical milestone into a vital feature that will drive the resilience of the entire network, further enhancing the utility of $SCR within the ecosystem.

“The launch of $SCR embodies the momentum of our protocol’s evolution,” said Raza Zaidi, Head of Growth for Scroll. “This token aims to help decentralize governance while enhancing our technical infrastructure. Our commitment to a fully decentralized ecosystem ensures that $SCR will play a critical role in driving the future growth and resilience of our platform.”

“Scroll’s mission is to build a more scalable and secure decentralized world. The launch of $SCR is a significant milestone in realizing this vision, as it empowers our community with greater control and rewards their contributions,” said Sandy Peng, Co-Founder of Scroll. “By decentralizing governance and incentivizing participation, we are creating a robust and resilient ecosystem. This launch marks the beginning of a new chapter for Scroll, where our community drives innovation and growth.”

About Scroll

Scroll is the leading zero-knowledge rollup. Leveraging fast finality and high throughput, Scroll is creating a more accessible, and secure onchain future for everyone. Our mission is to provide an easy-to-use, developer-friendly environment to scale Ethereum for good. Scroll empowers builders to ascend beyond today’s limitations and drive real-world impact. For more information, users can visit scroll.io.

Contact

Head of Communications
Ryan Dennis
Scroll
press@scroll.io