MATCH Chain To Allow Seamless Interaction Between EVM, COSMOS & MOVE-VM Ecosystems 6206

Builders, users, and institutions alike have been waiting in anticipation of the day when WEB3 is scalable and as easy to navigate as WEB2. Even with Sui and Aptos bursting onto the scene, Ethereum completing its merge, and exciting developments in NFTs and Layer 2s, we are still stuck asking, WHEN!?

The wait is over! For the first-time, true interoperability between blockchains will be possible with the launch of MATCH Chain. Users and applications will be able to interact seamlessly between and through EVM, COSMOS, and MOVE-VM ecosystems, achieving a long-awaited milestone for blockchain technology.

Siloed ecosystems will be a thing of the past. Users will soon be able to traverse ecosystems in a new age of blockchain interoperability. MATCH Labs’ intent is to develop and deploy key infrastructure and technologies to achieve its mission of breaking down barriers and building bridges between our digital WEB3 ecosystems as we forge a path towards a better, brighter future.

Why is Interoperability Important for WEB3?

In the Internet age, overall value has typically been measured by user traffic, the inflows and outflows of capital, and the quality of products. In WEB3, this is no different, we simply use different terminologies. For example, a protocol’s user-traffic is typically measured by the number of unique, active wallet addresses.

Over the last 10+ years that blockchain technologies have been relevant, only the innovators and earliest adopters have been engaged in WEB3. Led by idealistic technocrats and dreamers, the builders in the space are attempting to build high-impact solutions that will change the world for the better, yet there is still a tremendous amount of friction when engaging WEB2 users. While there are many budding ecosystems, a vast majority of users are only those native to WEB3. All of that is about to change with the launch of MATCH chain!

MATCH will effectively open the floodgates for millions of users to enter WEB3. Each ecosystem and protocol built upon them will be sprinting to attract and engage as much of the user-traffic as possible. We believe that true and frictionless interoperability is the breakthrough the blockchain industry needs to cross the chasm into mainstream adoption, whether that be through metaverse engagement, DeFi accessibility, or the real-world, practical application of blockchain technologies.

Sam Sangmin Seo, Klaytn Foundation founder, has said that “blockchain technology plays a crucial part in metaverse technology, for it provides interoperability between different metaverses.”

Projects like Cosmos, Polkadot, and Cardano, have inherent flexibility to facilitate some degree of interoperability. Some projects have begun developing and incorporating modern technologies that allow for communication between Layer 1 and Layer 2 protocols.

Recently, the public chain Klaytn began cooperating with the cross-chain smart contract platform ZetaChain to promote a built-in interoperability layer. Another notable development is that the interoperability protocol LayerZero launched the cross-chain bridge, Aptos Bridge. Following suit is YugaLabs who is building an interoperable “development kit.” The future looks bright for the age of the Internet of blockchains.

The Effect of Interoperability

The concept of interoperability isn’t novel or specific to the blockchain and has been around since well before the age of WEB2. In the past, interoperability merely meant the ability for a piece of software or technology to communicate or work with another. In this age of technology, this is an imperative since multiple systems often had to talk to and understand each other. The best example of this is email, which has been a mainstay since mainstream internet adoption occurred. Through the miracle of interoperability, a Gmail user can seamlessly send an email to a user of a different provider without a second thought.

Interoperability in the context of blockchain technology typically refers to the way in which protocols transfer data and assets on and between each other.

Generally speaking, it’s quite difficult for blockchains to communicate safely and efficiently with each other. Each chain has its own rules, programming language(s), and governance structures; you can think of each as its own effective digital nation.

The inherent complexity of interoperability and inter blockchain communication serves as a barrier, restricting the overall growth of WEB3. General user-engagement and on-chain economic activities have been siloed into each respective blockchain, like how continents in the real world are segregated by natural barriers.

With the launch of MATCH, the age of collaboration over competition has truly arrived as it’s the key to the overall success of WEB3 and we cannot do that until we are all connected. Similar to how globalization allowed for each nation’s economy and people to interact, true interoperability between networks allows for users and applications from one blockchain to interact seamlessly with neighboring blockchains. This results in shared resources, wealth, and engagement, as well as the cross-pollination of ideas, technology, and innovation.

MATCH seeks to become the premiere interoperability layer, connecting larger ecosystems to their neighbors, while also facilitating the pushing of large streams of user-traffic throughout each network. Interoperable smart contracts and protocols can revolutionize every single industry, whether it be law, business, or even healthcare. In addition to being an interoperability solution, MATCH also allows for data to be transferred between private and public chains in a safe, secure, and customizable manner.

One of the most compelling effects of Interoperability is that it effectively brings every application and ecosystem directly to the user, abstracting away the complexities inherent to the current user experience in WEB3. A person doesn’t need to know how the engine of their car works to know that their car takes them from Point A to Point B – it’s the same with blockchain. Ease-of-use and accessibility is what’s missing in current infrastructure and applications. With MATCH and the new age of interoperability, beginners do not need a deep knowledge of how blockchain applications work to interact with WEB3. We envision a day when users will be able to reap all of the benefits of WEB3 without even knowing they’re operating on a blockchain.

MATCH Chain: Bridging WEB2 Users into WEB3

In today’s Internet age, user-traffic and data are directly correlated with the revenue and success of companies and their services or applications. The problem is that these are currently being gatekept and monopolized by a small group of incredibly powerful platforms and entities. They do not operate in the users’ best interests and there is almost no recourse if these entities do something that adversely affects an individual. These issues serve as barriers that hinder innovation and prevent the digital revolution the users deserve and our industry craves.

The founder of the World Wide Web, Berners Lee, has been vocal about this saying a few big tech companies such as Google and Facebook use our data and “lock us into their platforms.” This leads to big tech companies possessing most of our data; we are their product, getting little to nothing in return.

Data is power and the winner is the one who amasses the most data. Currently, those are big tech companies. The solution to this is the advancement and adoption of WEB3 and blockchain technologies. MATCH Chain and the interoperability between networks that is facilitated in the key to making WEB3 an everyday reality.

Users will be able to traverse various ecosystems efficiently and without needing to have a technical background and developers will be able to develop cross-chain and modular applications more-easily. This should result in a unified global engagement layer, atop multiple on-chain environments, and their associated liquidities.

As the premier user-traffic platform dedicated to serving communities in Web3, MATCH is designed to be an open-source public chain that acts as the “user-traffic middle layer” for different blockchains. MATCH can import traffic from traditional WEB2 user-bases in an effective and efficient way, pushing users into and between different blockchains based on their specific needs.

How MATCH Works

In order to facilitate a smooth user experience between different blockchains, MATCH uses the inter-blockchain communication (IBC) layer of COSMOS. It connects the EVM and Move-VM based ecosystems. It will effectively serve as an aggregated user-traffic pool for all three ecosystems to tap into.

MATCH has its own inherent DID technology, which facilitates a privacy-focused exchange of information and credentials between applications and networks. As a result, MATCH improves the global accessibility of blockchains and their native applications while also reducing the inefficient and cumbersome user experience pathways currently associated with moving between adjacent ecosystems. By connecting each ecosystem, MATCH allows for a healthier and more robust inflow of users to quality decentralized applications (dApps) and networks.

When MATCH goes live, dApp developers will have a diverse and robust set of tools that will make deployment easy. Once deployed, they will have access to the massive inflow of user-traffic facilitated by MATCH. DApps on MATCH could effectively exist and operate in different ecosystems. Each blockchain, or digital nation, will be linked together, getting us ever closer to the true form of WEB3.

Match chain official channels:
Twitter: https://twitter.com/MATCHChain
Discord: https://discord.com/invite/match
Telegram: https://t.me/matchain2022
Medium: https://medium.com/@MATChain
Reddit: https://www.reddit.com/r/matchain/

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Web3 Messenger Tribes Raises $3.3 Million and Launches Social Wallets, Allowing People to Co-Own and Manage Digital Assets 3879

Tribes, the Web3-native messaging app from DMs to DAOs, today announced it has raised $3.3 million in pre-seed funding led by Kindred Ventures, South Park Commons and Script Capital. Tribes also announced the launch of its social wallets — the first combined messaging and wallet offering that is foundational to unlocking the power of co-ownership and collective action. The group wallet enables people to co-own and manage digital assets, as well as communicating directly with other co-owners.

In today’s Web3 environment, the communications tools (e.g. Discord, Telegram) available are too separate from the decision making process around digital assets, which often makes it too hard for others to track what’s happening, thoughtfully participate, or even get involved in the first place.

Web3-native identity and infrastructure enables group chats (and token-gated groups) to go beyond talk — getting actual things done! However this only works when there is great communication. Tribes believes that co-ownership and collective action, made practical through Web3 technology, will change the economy and world for the better. This will happen in a variety of ways, including:

  • Friends and family co-funding and sharing big purchases like cars and homes
  • Groups co-investing in digital wares and financial products
  • Collectors and communities with a stake in creators’ successes
  • Fully-operational DAOs with shareholders and operators
  • Government and civic engagement

In order for ubiquitous co-ownership to come to life, communication (social) and ownership (wallets) must be deeply integrated. Tribes’ app gives all group chats access to a shared wallet — any participant can activate it with one touch. This shared wallet can send, receive and hold digital assets like NFTs, memberships, currencies, and more. Sending or “spending” group assets requires approval from the group — a threshold that groups determine themselves, like 3 of 5 members, for example. Group members can thumbs-up (or -down) directly in the groupchat to approve or reject transactions.

“Web3 primitives for co-ownership and collective action are transformative but few people can make sense of the existing products and processes required,” said Hish Bouabdallah, founder and CEO of Tribes. “In order to realize the full promise of Web3, nailing collective action is absolutely essential. Our approach to embed it directly into group chat makes these powerful and newly-possible Web3 actions understandable and accessible to the masses.”

Today’s social wallet enables “simple” experiences like:

  • Buy things you like together (i.e. buy an NFT as a group chat)
  • Save money as a group (casual investment club)
  • Manage a small organization (i.e. a soccer team or interest group) with collective decision-making and transparent treasury

And looking forward, each of these “simple” use cases is a building block towards on-the-horizon needs for DAOs, distributed app user groups, NFT communities, pop-up crowdfunds and other groups.

The Tribes social wallet combines best-in-class technologies including (Gnosis) Safe multisignature smart contracts, transaction signing with Coinbase Wallet or secure in-app signatures, and Web3 identity support (ENS, Lens, etc.) for co-owner collaboration.

The Tribes team is composed of people with years of experience building and shipping social and crypto products at scale. Bouabdallah was previously a staff software engineer at Coinbase Wallet where he was instrumental in building the flagship Web3 product. Product designer Andrew Courter previously founded a startup that was acquired by Twitter in 2019.

About Tribes

Tribes is a Web3-native messaging and group wallet app to help the next generation of crypto consumers, creators, communities, and DAOs collaborate and build relationships. For more information, visit tribes.xyz.

Hector Network launches its NFT marketplace ‘Atlantica’ on Fantom 3999

Atlantica, a new NFT marketplace project by Hector Network that aims to be “the marketplace of the future for Web3,” launched on Jan. 19.

At the start of 2022, Atlantica’s entry into the market was confirmed with the announcement of two major initiatives: the confirmed interest in the nonfungible token (NFT) space and the development of the necessary infrastructure to support and further expand the NFT market on all fronts. Atlantica’s plans are backed with all the base components that facilitate the baseline standards of the NFT Space — marketplace, launchpad and Atlantica’s very-own NFT collections.

Through the team efforts, the project has reached a significant milestone: the successful initial public release and fine-tuning schedule of their various sub-projects. These developments position Atlantica as a dependable servicer in the NFT Industry. Hector Network (learn more about Hector Network’s ecosystem and roadmap here: https://hector.network/#) is well-positioned to continue growing and expanding out Atlantica. The protocol is confident in its ability to deliver on its promises and bring the wonders of NFTs to a wider audience. Its innovative approaches and understanding of the NFT market dynamics set it apart from the competition, making it an up-and-coming project to keep an eye on.

Here is a brief snapshot of what Atlantica is:

NFT marketplace

Two components of Atlantica’s marketplace are its cross-chain compatibility and working alongside NFT solutions, making it the one-stop-shop with all the advantages each blockchain provides. Initially, the platform will feature well-established brands from the Fantom network NFT space. It will only be live on the Fantom chain, which is an incredibly efficient network with virtually zero fees, instant finality and a growing community.

The plan is to expand to other chains in Q1 and Q2 2023 to make Atlantica the marketplace of the future.

NFT launchpad

The Atlantica NFT launchpad will be dedicated to onboarding emerging and established creators who meet the highest quality standards our users expect. We offer a range of business-to-creator solutions that empower NFT creators to monetize their work effectively, giving them the tools and support they need to succeed in our platform. We are committed to following through with our creators to ensure their success on Atlantica and in their communities.

Fully-owned NFT collection(s)

Atlantica’s fully-owned NFT collection(s) are utility-focused ecosystem cards offering unique benefits within and outside the crypto world. These collections feature premium perk unlocks that enhance the user’s experience and engagement within our ecosystem. These platform-representing NFTs provide more than just the opportunity to collect digital items; they also offer access to exclusive virtual events, discounts and special deals, opening up a new realm of possibilities. You can learn more about the first collection, Mythos, here: https://twitter.com/Mythos_HEC.

An effective NFT facilitator plays a crucial role in displaying a wide range of options and matching the right products with the appropriate users. The success of these purposes relies heavily on the specific NFTs that the protocol chooses to offer. In the case of Atlantica, its target audiences are those that find value in the variety of collections and projects showcased, which are known for their quality and user confidence in mind. By providing a comprehensive and curated selection of NFTs, Atlantica will enable users to easily find and access digital assets they desire.

Atlantica will host and list collections of any form while keeping a close eye on digital assets with high utility, such as NFTs for play-to-earn games, collectible items/trading cards, NFTs with real-life use cases, music and media, virtual fashion, real-world assets, domain names and digital artworks from the best artists and projects.

Here is a recap shared by the team of the features that are live as of Jan. 19:

Features in the marketplace, Jan. 19, 2023:

  • User profile creation
  • Facilitation of ERC-721 and ERC-1155 NFTs
  • Buy/sell/auction/make offers
  • Publish NFT collection(s) and NFT(s)
  • Favorite/follow system

Atlantica’s launch is a significant milestone for Hector Network and its expanding ecosystem, but this is just a starting point. Many upgrades are due in the next weeks and months, including potentially new utility for the Hector Network (HEC) token and TOR stablecoin — both issued by Hector Network — to make Atlantica the marketplace that everyone, from users to creators, always dreamed of. Follow Atlantica’s Twitter and don’t miss the next important announcements: https://twitter.com/AtlanticaMarket.

NADA Joins MOBI to Accelerate Zero Trust Innovations for Information Security and Business Automation 3853

MOBI (Mobility Open Blockchain Initiative) today welcomes the National Automobile Dealers Association (NADA), an innovation and advocacy group representing over 16,000 franchised new-car dealer members, into its global community.

The MOBI community aims to develop and accelerate adoption of zero trust Web3 standards and solutions to enable seamless and secure business processes, while safeguarding sensitive business and consumer data. NADA brings a critical dealer viewpoint to this process. MOBI and NADA agree that the widespread adoption of a shared technology-agnostic framework will be critical to future innovations for members of both consortia. NADA and MOBI also believe that compliance with the Federal Zero Trust Strategy issued by the White House in 2022 will be crucial to maintain their competitive edge.

“We are thrilled to team up with NADA to co-develop solutions to help solve pain points for use cases such as Vehicle Registration, Titling, and Dealer Floorplan Audit,” said MOBI CEO and Founder, Tram Vo. “We look forward to collaborating on additional mobility and geolocation applications that improve security while preserving customer privacy.”

“NADA is excited to work with the experts at MOBI on behalf of dealers to ensure that this important technology improves and modernizes the auto retail experience, generates efficiencies, and brings increased convenience for dealers and consumers alike,” said Mike Stanton, President and CEO of NADA.

MOBI anticipates that NADA’s entry into the community at large will play a critical role in igniting a two-way exchange of expertise between the organizations’ respective communities, enabling greater collaboration on the road to more resilient mobility value chains and accelerating related innovations in research, development, and implementation. MOBI welcomes organizations of all sizes, industries, and locations to share expertise, define industry standards, and improve the sustainability, efficiency, and accessibility of mobility services around the world.

About MOBI

Mobility Open Blockchain Initiative (MOBI) is a global nonprofit smart mobility consortium. MOBI and our members are creating blockchain-based standards to identify vehicles, people, businesses, and MOBI Trusted Trip. We are building the Web3 digital infrastructure for connected ecosystem and IoT commerce. For additional information visit www.dlt.mobi.

Engiven: The Most Trustworthy Crypto Donation Platform 4256

Engiven, Inc., a leading cryptocurrency donation technologies company, announced today that it has achieved SOC 2 Type 2 compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that Engiven, Inc. provides enterprise-level security for customers’ data secured in the Engiven, Inc. system.

Engiven, Inc. provides SaaS-based technologies that equip nonprofit organizations to securely accept and liquidate cryptocurrency donations while eliminating complexity and risk. Engiven’s crypto donation platform is sleek, boasting a highly automated end-to-end solution where the donation is verified on the blockchain, exchanged for USD, and a gift receipt is immediately sent to the donor.

“Engiven was founded on the principle that complex giving solutions should be highly secure, transparent, and simple,” said James Lawrence, Co-Founder and CEO of Engiven. “Financial trust has now become paramount in the crypto services industry and Engiven continues to place trust at the center of our company. By meeting or exceeding industry standards for security protocols, we aim to inspire trust that unlocks crypto generosity for the nonprofits that are changing the world for good.”

SOC 2 Type 1 is a certification that examines a company’s controls at a specific point in time and provides an opinion on whether the controls were designed effectively to meet compliance standards. Engiven first received SOC 2 Type 1 status in June of 2022, becoming the first crypto donation platform to do so.

SOC 2 Type 2, on the other hand, is a certification that examines the effectiveness of a company’s controls over a period of time and includes testing to ensure that they are operating as designed.

An unqualified opinion on a SOC 2 Type 2 audit report demonstrates to Engiven, Inc.’s current and future customers that Engiven manages customer and confidential data with the highest standards of security and compliance.

About Engiven

Founded in 2018, Engiven is a leading provider of cryptocurrency donation services to nonprofits and faith-based organizations. The Engiven platform provides a highly automated crypto-giving solution that includes blockchain monitoring, automatic exchanges, gift receipts, bank deposits, IRS tax form creation, custody options, and a full suite of developer APIs. Engiven, Inc. has achieved SOC 2 Type 2 compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18. For more information about Engiven, visit https://engiven.com. Follow us on Twitter (@engiveninc) and LinkedIn (Engiven, Inc).

Native launches invisible DEX layer for crypto 4651

Native today announced the launch of its project-owned DEX layer for crypto.

Native created this technology because the crypto ecosystem has become too reliant on exchanges and market makers. Exchanges stand between users and projects, extracting fees and adding friction. Market makers operate in the shadows and few understand how they work. This needs to change. Crypto needs to become user-centric to scale to 1 billion users. That’s why Native exists.

Native’s technology empowers any project to become their own decentralized exchange (DEX). The protocol’s unique architecture pairs the on-chain transparency and security of a decentralized exchange with the efficiency of a centralized exchange. This solves an important problem for cryptocurrency, disintermediating 3rd-party exchanges and giving individual applications full control over their user journey and liquidity. For more information, see Native’s launch announcement on Medium.

Native is committed to building a community of projects and users who together bring crypto to a mainstream audience. Native’s DEX layer makes the swap experience frictionless and user-friendly.

The team has already announced a technology partnership with Ankr, the leading blockchain infrastructure provider, and a long-term campaign partnership with Galxe, the leading Web3 credential data network. Stay tuned for additional collaborative ventures ahead.

About Native:

Native is a blockchain technology company bringing crypto to the next 1 billion users. For more information, visit native.org.

TaxBit Announces Acquisition of Digital Asset Accounting Startup Tactic 4767

TaxBit, the leading tax and accounting provider for the digital asset economy, today announces the acquisition of Tactic, a digital asset financial accounting platform that offers a streamlined accounting subledger to save businesses hundreds of hours on critical digital asset management and reporting. This acquisition will combine two leaders in the digital asset accounting space and establish TaxBit’s New York office presence.

TaxBit co-founder and CEO Austin Woodward commented, “2022 demonstrated that there is a massive problem in the digital asset space with regards to credible accounting. TaxBit historically focused on top-of-market Enterprises, but it became evident that businesses of all sizes accepting, trading, or holding digital assets are in need of automated accounting solutions. As we got to know Tactic, it was clear that their world-class technical team, products, and culture perfectly align with what we are building and how we operate at TaxBit. We are excited to welcome their team onboard, and together continue building a turnkey solution for digital asset accounting.”

Tactic provides accounting automation tools, seamless integration with other financial software products, and increased visibility to reduce crypto accounting processes by as much as 75%. Tactic will augment TaxBit’s existing Corporate Accounting Suite (CAS) offering. The full integration of Tactic’s software and team with TaxBit will take place over the coming months.

The acquisition comes on the heels of major turmoil for digital asset markets. Recent crypto market events have highlighted the mission-critical need for transparency, especially in the form of auditable and verifiable accounting. As regulations evolve and as scrutiny increases, TaxBit can help restore investor trust with innovative and compliant solutions for tracking, processing, and reporting transactions.

Tactic co-founder and CEO Ann Jaskiw added, “As transparency and efficiency become the largest issues for businesses working in or entering the crypto sphere, we aspire to provide the definitive toolset for the industry. Austin and I share similar stories, being founders at the forefront of innovation and first movers in a fast-evolving industry. The team is thrilled to continue Tactic’s journey of product innovation and to establish our collective team as the go-to provider for digital asset accounting.”

The financial terms of the deal were not disclosed.

About TaxBit

TaxBit is designed by CPAs and tax attorneys, TaxBit is the leading tax and accounting solution for the digital asset economy. TaxBit’s platform serves the industry’s top exchanges, institutional investors, governments, and individuals. TaxBit is SOC 1, Type 1, SOC 2, Type 2 attestation and ISO 27001 certified. TaxBit has raised over $235M from the world’s-top investors to enable widespread digital asset adoption by automating the regulatory hurdles of tax and accounting compliance at scale. TaxBit has offices in Salt Lake City, San Francisco, Seattle, New York and Washington D.C.

To learn more visit: www.TaxBit.com