TrustED and Binance Launch Service, First ICO Offering With Binance Chain 9422

Binance Chain

What is likely the biggest cryptocurrency event worldwide, Consensus 2019, has just concluded. The exhibition included several keynotes from high profile speakers, breakout sessions, and thousands of noteworthy guests, including BitForex’s head of Business Development, Jason Luo. Main topics for discussion at the event included Cryptocurrency regulations, blockchain for the public sector, sanctions, and much more. Several networking events were scheduled, allowing industry professionals to make new connections, and share ideas & opportunities.

Although Consensus may be the largest event of its kind, there are other contrasting conferences in which cryptocurrency has a place. Benefiting from a more diverse audience of professionals, K.E.Y Platform in South Korea sees hundreds of attendants from both economic and political sectors come together to discuss “New Markets” — including future development trends, artificial intelligence, trade wars, Brexit, as well as blockchain. An excellent opportunity to help bring cryptocurrency and the surrounding movement into mainstream acceptance.

As the only representative of the Blockchain industry present in what remains one of the most important and sizeable cryptocurrency markets of the world, BitForex CEO Garrett Jin took to the stage to share his thoughts, visions, and future predictions for the development of the cryptocurrency industry, and the role of crypto exchanges in modern finance both in South Korea and beyond.

His panel was dedicated to the role of cryptocurrency exchanges, not just as a place to exchange tokens, but as a full-scale solution for digital currency deployment, and how this could play a pivotal role in the near future when considered as a new market for South Korea. Also present at this event was Lee Nak-yeon, current Prime Minister of South Korea, emphasizing the degree of seriousness with which the conference was held.

It is through events such as these that cryptocurrency gains both mainstream acceptance and momentum — by raising awareness in high-level professional environments, as well as on the consumer level and with the all-important userbase.

Following the event, BitForex has expanded its operations team in Korea, as the cryptocurrency market there is among the 5 biggest globally. Registered users from Korea on BitForex currently approaches one million, and the exchange aims to double that number in 2019 as it continues growing its already significant Korean presence. This will allow BitForex to continue bringing unparalleled service to its Korean users, and in neighboring regions — bringing cryptocurrency further into the mainstream market.

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Covalent’s Largest Set Of Structured Data in Web3 Pioneering the Fusion of AI, Security, and Data Quality 11210

As the wave of Artificial Intelligence (AI) continues to reshape industries, Covalent (CQT) emerges as a central player in the evolving landscape. AI, known for its reliance on vast sets of structured data, finds a robust ally in Covalent’s extensive dataset. Covering over 225 blockchains and supporting over 240 million wallets with its Unified API, Covalent provides the backbone for AI applications, offering a rich and structured foundation for model consumption, training, and product creation.

Google: A Lesson in Data Quality for AI

In the intricate realm of AI, the significance of data quality cannot be overstated. The potential for transformative innovation heavily relies on the accuracy and reliability of datasets. Google’s recent stumble with its Gemini AI tool reveals the critical role of data integrity in the space. The decision to halt Gemini due to inaccuracies and inadequate testing serves as a reminder of the risks associated with expediting AI product launches without thorough quality controls.

With Covalent, its protocol goes deeper than conventional approaches: it extracts data from various blockchains, uploads that data to a storage instance, indexes and transforms the stored data object, and loads the data into local data queried by API users. In short, Covalent’s cryptographically secure and standardization of all its extracted Web3 blockchain data creates a reservoir of structured information which is foundational to AI and machine learning training.

A Trusted Partner for the Web3 Landscape

At the core of the Covalent Network lies an innovative approach to data verifiability, designed with a tamper-resistant design and cryptographic proofs, it ensures the integrity and trustworthiness of accessed data. This unique feature not only distinguishes the Covalent’s Network but also serves as an essential mechanism in reshaping the foundations of Web3.

This is done by Block Specimen Producers (BSP) who extract the data and store it for multiple chains. To guarantee data integrity each BSP is running a script which keeps data secure and tamperproof. This ensures data integrity for Refiners who process the data, and later Query Node Operators who will serve the data (read more here).

Enterprises seeking high-quality data for their operations find a reliable partner in Covalent. The commitment goes beyond transactions, involving enterprises signing multi-year contracts including Fidelity, Rainbow, CoinGecko, and ConsenSys to secure a continuous stream of quality data.

The historically accurate data availability of Covalent lies in its ability to manage big data for customers with enhanced security, recently being awarded a SOC 2 certification for the highest enterprise grade quality assurance. By offering a robust dataset that meets the highest security standards, Covalent has become the trusted bridge between enterprises, crypto native projects and the wider Web3 ecosystem. Covalent’s offering ensures that customers have access to reliable and secure data, laying the groundwork for innovation and growth.

The Covalent Network: Built on Data Verifiability

As Covalent pioneers the fusion of AI, security, and data quality, it opens new horizons for innovation. Onchain data is continuously evolving with each block and indexed chain. By keeping data encrypted, and tamperproof it by design it mitigates future pitfalls with bad models and serves as a catalyst for innovative AI use cases. With thousands of Web3-specific applications already leveraging Covalent as their backbone data provider.

About Covalent

Covalent (CQT) powers the data layer in blockchain, enabling millions of users to build the new economy. It stands out for its deep commitment to democratizing blockchain data availability. Since its inception, Covalent has been helping developers, analysts, and enthusiasts with comprehensive, real-time data across over 200 blockchains. Learn how Covalent is building the Ethereum Wayback Machine.

Stead’s blockchain-powered floating cities of the future 11836

Stead is an Arbitrum-based DeFi platform (Stead.Builders) that provides liquidity for small marine businesses, fishermen, and fish farmers, most of whom are unbanked or operating in developing countries.

The platform supports numerous types of floating infrastructure, like fishing and transport boats, fish cages, floating docks, and, most impressively, floating houses, hotel rooms, and restaurants.

The platform started when the marine engineering company ArkPad, operating out of the Philippines, wanted to help customers to acquire mortgages for its floating houses.

Getting a mortgage is already difficult enough considering the huge down payments that need to be made, but securing a mortgage for a floating house is another story entirely. Most banks unfamiliarity with unconventional real estate means they pass it over for investment, so ArkPad helped to create the Stead platform in order to decentralize the funding process for floating infrastructure.

From floating homes to financial aid

While Stead’s initiative for supporting floating houses is tremendously unique, what also sets the company apart is additionally assisting unbanked small businesses in the Philippines and Southeast Asia.

In many developing countries, a large portion of the population is bankless or prevented from accessing loans to expand their businesses. Key reasons include banks having excessive regulations, bureaucratic hurdles in account opening, or simply having relatively small amounts of capital available for loans in the first place. Additionally, on an archipelago nation like the Philippines, many banks simply don’t have any branches present on islands where valuable fish, like Yellowfin Tuna, can be found. In such cash-based societies, lack of physical access to a bank simply means going unbanked.

Stemming from these challenges, many developing countries suffer from having highly unbanked populations, a fertile ground for crypto to fill the unused space.

Building blocks for floating communities

Turning its dreams into a reality, Stead offers a solution like no other, providing liquidity to small businesses, including fisherman, through STEAD tokens.

Upon minting STEAD, stables are put into a pool to purchase a particular asset. In this case, let’s say for a fisherman wanting to purchase a fishing boat. Once enough capital has been garnered to acquire this Real-World Asset (RWA), the fisherman can reap their rewards through the token’s ‘lease-to-own’ program, buying back and burning the STEAD tokens that were initially issued to fund them.

Amplifying the company’s uniqueness, STEAD acts as a ticket to reserve time with the asset. The fisherman can lease time with the boat by burning STEAD, and after a greater dollar amount amount have been burned than were initially minted, they will be transferred full ownership of it. Therefore, the token goes beyond being just RWA; it has an intriguing deflationary supply.

Not only does this burning mechanism result in a reduced circulating supply, but another mechanism is built into the minting mechanics. While STEAD has no maximum supply, the minimum cost to mint a token increases by around 11.4% annually, if price drops below that, minting stops. This means that while the token has no maximum price, the minimum price that it can have is constantly increasing, a novel mechanic not seen in any other token.

A financial and architectural revolution

Spearheaded by Stead’s Co-Founder, Mitchell Suchner, Stead is working hard to make financial resources more easily accessible in Southeast Asia.

RWA tokens are an important emerging niche of crypto, and Stead stands to facilitate some of the most important transactions to serve some of the most profitable, and simultaneously under-served communities, but there is more that sets this project apart from others, and that is there long term goal.

During the first stage of operations, the platform intends to focus on the Southeast Asian market, but during the later stages, they plan to partner with small island nations, DAOs, and other organizations to facilitate the construction of whole floating cities.

The idea of building floating cities in national or international waters has been around for a while, called ‘seasteading’ advocates want to create independent floating jurisdictions of self-run communities where crypto friendly businesses can thrive.

Using ships, docks, and floating houses, communities and villages can be built and connect together to share resources such as fresh water, electricity, and fiber optic cables for internet. Far from being a fantasy, the first floating house has already been built in Boracay, Philippines, with some coastal resorts in the country already planning to purchase their own for listings on AirBnB.

Will Stead’s ultimate dream of building an entirely floating blockchain city become a reality? Only time will tell. However, the technology is here, and buoy, is it impressive.

Zeebu Sets New Standard with Automated Token Burn via Phoenix Protocol 11554

Zeebu, the disruptive Web3 Neobank platform specializing in telecom transactions, proudly announces the ZBU Phoenix Protocol, a strategic initiative focused on optimizing token supply and solidifying its commitment to ecosystem sustainability.

Zeebu is a blockchain-based platform, specifically engineered for telecom transactions. It aims to revolutionize the sector by enabling automated settlements, facilitating seamless global payments, and bolstering efficiency and security through a unified telecom payment ecosystem. The ZBU token is a key component of the Zeebu platform. It plays a pivotal role in enabling smooth global transactions and introducing an on-chain loyalty mechanism. The ZBU loyalty token serves to incentivize and reward partners within the ecosystem for their active participation.

The ZBU Phoenix Protocol, inspired by the phoenix’s symbolic rebirth and renewal, meticulously reduces the total ZBU token supply, fostering market stability and a robust ecosystem. This deliberate approach emphasizes Zeebu’s core values of trust, transparency, and long-term sustainability.

The ZBU Phoenix Protocol focuses on optimizing the ZBU token supply through a dynamic auto-burn mechanism. This mechanism carefully adjusts the burn rate based on the current market price of ZBU and platform usage patterns, ensuring a strategic approach to bolstering the ecosystem’s health and long-term stability.

Transparency and accountability are at the forefront of Zeebu’s operations. Each token burn event will be meticulously recorded and publicly accessible on the blockchain, providing stakeholders with full visibility into the process. Additionally, a portion of the tokens from the accumulated burning pool will be allocated towards new initiatives, further enriching the Zeebu ecosystem.

“The ZBU Token Burn Program reflects our commitment to innovation and sustainability in the decentralized finance space,” said Raj Brahmbhatt, the CEO and Founder of Zeebu. “By implementing this initiative, we aim to ensure a stable market presence of $ZBU token, while also promoting ecosystem growth.”

As Zeebu continues to spearhead innovation in the realm of decentralized finance, the ZBU Token Burn Program serves as a cornerstone of its strategic vision. By reducing token supply systematically and transparently, Zeebu is poised to create a more resilient and prosperous financial ecosystem for all stakeholders.

Zeebu is gearing up to release more specifics about the timeline and quantity for the ZBU token burn.

About Zeebu:

‍Zeebu, the pioneering Web3 Neobank, having settled more than half a billion in telecom transactions, is quickly emerging as a trusted payment and settlement partner for global telecom businesses. The platform, currently serving over 100 active telecom carriers, is revolutionizing the industry with the introduction of blockchain-based settlements and the ZBU loyalty token. The ZBU token is designed to facilitate instant and secure global transactions and reward participants for successful settlements on the platform.

Metropolis secures $1.2M ahead of anticipated public CLAY offering 11562

In a significant move that marks a new era of gaming commerce and digital identity, Metropolis has successfully closed a $1.2 million investment round. The funding round saw participation from notable investors, including Cointelegraph Accelerator, Lamina1 Ecosystem Fund, ACS, Outlier Ventures, Protocol Labs, Primal Capital, Zephyrus Capital, Cluster Capital, EthLizards, Acacia Digital, Block Consult, IBC, and multiple strategic angel investors, highlighting the strong market confidence in Metropolis’s vision for the future of commerce in the metaverse and beyond.

Founded two years ago by international siblings Rania and Rashid Ajami, Metropolis is a 360 curated ecosystem that blends unique properties, e-commerce, avatars, gaming, art & experiences that span both the digital & physical world.

MetropolisX, their most recent platform, connects users’ digital identities with tangible, exclusive products, content, and experiences from over 300 notable partners (and growing), including Steve Aoki, Elise Swopes, Bryan Brinkman, Mad Global, and Unstoppable Domains. The platform champions the “build with us and take anywhere” philosophy, transforming simple PFPs into fully interoperable avatars for use across games, virtual worlds, AR/VR, social media, and more, bridging the gap between digital identities and expansive virtual experiences. “We are delighted to achieve this significant initial pre-seed raise for our token,” says Rashid Ajami. “With a roadmap that includes over two years of weekly exclusive drops on Metropolis X, featuring collaborations with leading brands and creators, we’re prepared for significant growth. This partnership roster positions us uniquely in both the Web3 space and the expansive Web2 market, reaching an audience of over 300 million.”

At the heart of MetropolisX is a collaboration marketplace where creators can monetize and launch personalized products and where their fans can have a more immersive connection and access exclusive products, content & experiences. This unique approach combines digital and physical identity, gaming, and immersive experiences. “We are entering a new wave where digital identity is as important as your physical one. This has led us to build a groundbreaking avatar marketplace that easily onboards Web2 audiences while using blockchain technology,” says Rania Ajami.

“The platform allows users to craft their identity using diverse brand and creator IPs, combining elements like a Slime Sunday hoodie, a Sneakerheads background, and a Pet Liger accessory in a single avatar,” says Rania Ajami. “This more truly reflects the real world and the aspirations of our user base.”

Details of Metropolis’s upcoming public token sale will be announced soon, including a community gamified airdrop, retail-focused pre-sale, and launchpad round. Further info will be released via an interactive white paper, which will include tokenomics, ecosystem partners, and a product development roadmap.

Links

Website: https://metropolisx.io/
Website: https://www.metropolisworld.io/
X: https://twitter.com/metropolisworld

Hover is Ready to Launch Its Public Sale on the DAO Maker 11381

Hover, the non-custodial lending and borrowing protocol from the Kava ecosystem, will launch its public sale on DAO Maker on February 14th. The market launch and the public sale follow the success of Hover’s increasing APY Genesis Pools sprint that runs from November 2023 through February 2024 and generated over 15.3M USD total value locked across $KAVA, $ATOM, and $USDt pools. Hover announced that those who deposit to their Genesis Pools before the market launch on February 21st will keep receiving increased APY for 4 more weeks – until March 18th.

With over 100 successful projects and $42 million raised in its portfolio, DAO Maker is a leader in launching and accelerating web3 startups. Hover’s launch on DAO Maker proves that Hover is in for the long-term game, committing to building trustworthy DeFi solutions. This milestone follows multiple audits and security checks Hover and its partners have undergone to build a secure and reliable platform. As a result, DAO Maker opens Hover to a much broader audience beyond the Kava ecosystem.

“The interest and support of Hover’s Genesis Pools have far exceeded our expectations and given the Hover community an appetite for a successful public sale,” said Aileen Dauz, Core Contributor at Hover. “Launching on DAO Maker is a strategic decision that hopes to bring more trusted partners and supporters looking for long-term DeFi solutions. Through Hover’s public launch, we pledge to build an institutional-grade, secure, and inclusive DeFi solution for everyone.”

The public sale of Hover’s native $HOV token, constituting 3.6% of $HOV’s total supply, is an invitation for the public to benefit from the unique tokenomics model built by Hover. Unlike numerous non-custodial lending and borrowing platforms, where traders typically seek the most advantageous deals, Hover provides a more balanced and user-centric experience. Hover’s tokenomics model rewards user loyalty and offers eight tiers of benefits, such as liquidation and borrowing rebates based on the amount of $HOV staked.

“DAO Maker strives to work with projects that make DeFi more accessible and secure, which is the essence of Hover,” said Chris Zaknun, Founder of DAO Maker. “We are excited to accelerate Hover by launching $HOV on our platform as we see the potential for this project in Kava and beyond.”

Hover aims to raise 1M USD through the public sale, while the team has teased plans for the platform’s further expansion in DeFi along with more rewards and loyalty programs for the most engaged users. Both the public sale and deposits to Hover Genesis Pools will close on February 20th.

About Hover

Hover is a revolutionary liquidity market on Kava that facilitates the lending and borrowing of digital assets. With an innovative tokenomics model, 24/7 risk management, and a rewards program to directly benefit its users, Hover empowers retail users and institutions alike to fly into the next generation of DeFi.

Learn more at hover.market.

About DAO Maker

DAO Maker aims to redefine Venture capital by making it accessible to the masses. It develops next-generation digital financial solutions trusted by more than 1M users worldwide and is the Best launchpad with the most KYC-ed users.

Learn more at app.daomaker.com.

Dypius Enables Secure Cross-Chain NFT Transfers for CAWS and World of Dypians with Chainlink CCIP 11201

Dypius has integrated Chainlink CCIP — the highest standard for safe cross-chain interoperability in the Web3 industry – to enable seamless NFT transfers across the Ethereum, BNB Chain, Avalanche, and Base mainnets. Owners of Cats and Watches Society (CAWS) and World of Dypians (WOD) land NFTs can now securely move their assets across these blockchains, enjoying an enhanced user experience and driving the platform’s growth.

The CCIP interoperability solution is only one of the several Chainlink services that Dypius has integrated in recent years. This movement aligns with the platform’s goals to provide highly secure Web3 products and revolutionize the NFT landscape. Its continuous growth and recent updates show that Dypius is among the most innovative projects in the blockchain sphere.

How Chainlink CCIP Helps Dypius Grow

Chainlink is a world-class decentralized computing platform servicing financial institutions, startups, and developers while ensuring the utmost security for cross-chain interoperability, off-chain computation, and real-world data. The company has enabled financial institutions with $9 trillion in transactions to date – a proven track record of reliability and security that convinced Dypius to choose it as its primary interoperability solution.

CCIP is a continuously improving mechanism with a scalable architecture that allows developers to easily build custom chain-specific integrations and interact with any blockchain network via a user-friendly interface.

One of CCIP’s standout features is the backup from the Risk Management Network — a separate, independent network continually monitoring and verifying cross-chain operations. Its role is to add an extra layer of protection against the vulnerabilities of the cross-chain infrastructure.

Future updates to CCIP will benefit Dypius and its users, who won’t have to pay the switching costs if new cross-chain functionalities become necessary. This way, Dypius ensures its NFT owners enjoy ever-increasing security and efficiency without reducing quality or affordability.

Dypius has integrated several Chainlink services besides CCIP in recent years. In 2021, the platform integrated Chainlink Price Feeds into the Dypius ecosystem to help secure decentralized ETH and BNB price data. This movement supports access to real-time asset prices directly on-chain and thus ensures reliable and secure rewards data.

Incorporating Chainlink VRF & Automation helped Dypius deliver a unique and unpredictable gaming experience within World of Dypians while increasing data quality and performance.

Integrating CCIP will help Dypius users engage in seamless interactions and transfers across some of the most used blockchain networks. The platform should become more efficient and secure while growing and diversifying its user base.

Exploring the World of Dypians NFT Bridge

World of Dypians (WoD) is one of the most versatile metaverse platforms currently developing in the emerging Web3 space. This boundless multiplayer online role-playing game provides a unique, immersive experience in a virtual world that combines AI, high-quality graphics, and engaging gameplay.

The game welcomes NFT collectors and crypto enthusiasts to collect, use, and transfer CAWS or World of Dypians Land NFTs via the NFT Bridge – a dedicated page on the WOD website.

Users can initiate the transfer by connecting their wallet and choosing a bridge route between popular networks, such as Ethereum, BNB Chain, Avalanche, and Base Network. Next, they must select the NFT they wish to bridge and complete the NFT transfer, which sends the NFT automatically to the wallet in the destination chain.

Using the NFT Bridge on World of Dypians is quick and easy, even for first-time users. Moreover, it is secured by advanced protection standards, enabling seamless and efficient NFT transfers without any hassle.

The Steady Rise of Dypius

Dypius is one of the fastest advancing projects with a growing DeFi ecosystem incorporating secure and efficient products and services in Web3.

The platform is building World of Dypians (WoD) into a standout presence among platforms supporting NFT development. The game caters to regular gamers and businesses in the crypto industry and beyond. Its growth has attracted important partnerships with some of the industry’s leaders. Numerous major brands are already featured with dedicated spaces in the World of Dypians metaverse, including Chainlink, CoinMarketCap, BNB Chain, CoinGecko, KuCoin, Avalanche, Coin98, Conflux Network, Gate.io, MEXC Global, and Easy2Stake.

In 2023, World of Dypians completed key milestones, such as the game’s listing on Epic Games, launching a closed demo for its multiplayer mode, and setting new standards for AI-powered virtual universes. Moreover, the game became a legally recognized entity at the start of 2024, proving its commitment to transparency and structural growth.

Dypius is advancing on several fronts within its DeFi ecosystem. For example, its native token, DYP v2, is now supported by Trust Wallet and Coinbase Wallet, two of the industry’s top solutions for storing and managing cryptocurrencies.

Furthermore, the platform launched an exclusive beta testing program for its upcoming mobile app, inviting Dypians everywhere to become beta testers. Anyone can play a decisive role in shaping the app’s user experience by trying new features or revealing bugs.

Dypius caters to both crypto beginners and experts with versatile solutions, including analytical DYP Tools, DeFi solutions, CAWS NFTs, and Metaverse gaming. The project runs on unique smart contracts using the protocol’s proprietary anti-manipulation functionality.