Vietnamese project DeFiHorse raises $5 million in private round 3680

DeFiHorse has raised $5 million in capital from several overseas ventures to produce a stunning horse metaverse project, in both gameplay and graphics, based on blockchain technology.

DeFiHorse announced the fulfillment of a $5 million private investment round on Dec. 7. The financing round was completed in less than a week, with the involvement of numerous well-known blockchain funds, including Exnetwork Capital, Poolz Ventures, BullPerks and Avocado Guild. DeFiHorse was formerly fostered by Coincu Ventures, one of Vietnam’s leading investment funds for significant blockchain initiatives.

DeFiHorse is one of the NFT metaverse projects in Vietnam that has received the most funding from a private round to date, at $5 million. According to the project’s spokesperson, the additional funds will be utilized to further develop DeFiHorse with the long-term goal of becoming a technology unicorn founded by Vietnamese and bringing promising blockchain technology closer to everyone.

“We intend to present to the world a high-end NFT metaverse in which everyone can own at least one NFT horse and horse farm. The player can proudly own NFT horses and farms just like elite people own horses in real life,” Mai Truong Giang, CEO of DeFiHorse, stated.

The success of DeFiHorse’s fundraising is not surprising. Before acquiring financing, DeFiHorse made a big splash in the community when it was led and mentored by several globally known advisers in the blockchain space.

Before launching DeFiHorse, Giang achieved many accomplishments. He was named a Forbes “30 Under 30” Vietnam honoree and has been the driving force behind the development of various companies. DeFiHorse is advised by Steven Nguyen, founder of Metub and Coincu; Hung Dinh, founder of Rada; and Duong Vi Khoa, vice president of the Vietnam Recreational eSports Association.

Unlike many other projects, DeFiHorse is building a metaverse in which users can own horses and earn income from competing, buying, selling or even breeding horses.

DeFiHorse is set in the year 2099. The horses are equipped with cutting-edge technology such as quantum technology, gene technology, artificial intelligence and space travel. DeFiHorse’s four distinct horse breeds are inspired by the mythology of Greek gods:

  • The Chaos: The game’s rarest horse breed, created by the big-bang explosion. 
  • The Titan: The toned-body horse breed made of scorching coals and fire. 
  • The Poseidon: The deity of the sea with endless ocean force. 
  • The Heroic: The earth and nature’s metaphorical god.


The form of the steeds is one of the most notable aspects of DeFiHorse. The NFT horse is depicted in 3D, both mythological and realistic. The horse prototype in the game is designed based on the Arabian horse, which has the best form globally and can run at a lightning pace.

Giang claims that all of the unique creations in the DeFiHorse realm are the work of young, talented Vietnamese individuals. Players may also let their imaginations run wild thanks to the game’s extensive customization options. Because of the nature of NFTs, each horse in the game is a different character and has unique strengths.

DeFiHorse is centered on races in which users may manage their horses and compete for distinctive rewards. To make the racing experience more appealing, DeFiHorse added a “tap to earn” function that allows users to engage genuinely with their horse to assist it in improving its pace compared with other rivals. The race outcomes assist players in earning different awards, increasing the worth of horses, thereby generating economic value.

According to the roadmap, DeFiHorse will release the first demo online in 2022, followed by iOS and Android operating systems, incorporating AR technology, and holding worldwide tournaments with up to $1 million in prize money.

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Dequency Executes First-Ever Music Synchronization License Smart Contract on the Algorand Blockchain 3436

Music synchronization licensing marketplace, Dequency, has executed the first-ever sync license on a public blockchain. “Late Night People” by Goldfish ft. Soweto Kinch was licensed through Dequency’s SmartSync contract for use in Algorand’s Decipher conference, held November 29 – 30, 2021 in Miami, Florida.

Keatly Haldeman, CEO of Dequency: “Our vision for Dequency is to cut out the middle man in music licensing transactions so that creators maximize earned income and get paid immediately. By executing the first-ever on-chain sync license transaction, we’re one step closer. We made history today.”

Goldfish: “From the start we have always been about disruption and this is the best kind bringing musicians and producers closer to being able to earn income directly from their creations. Being part of the very first sync is a real honor and we cannot wait for the future as the music industry is in need dire need of technology like this to take it into the new realms of possibilities the blockchain presents.”

Dequency is built on Algorand, a blockchain that is known for its environmentally friendly “pure proof of stake” consensus mechanism. Initially catering to on-chain content such as motion graphic NFT projects, video games and metaverse productions, Dequency showcases recording artists offering their music to license and facilitates communication between the parties to foster community.

“We are thrilled that Dequency chose Decipher as the launch pad for demonstrating their new smart contract licensing for artists and all event music was licensed on chain,” said Keli Callaghan, head of marketing at Algorand. “Dequency is at the forefront of creating new blockchain-based economic models for creators and it is amazing to see history being made on Algorand in a way that truly benefits artists.”

About Dequency
Built with Web 3.0 technology and ethos, Dequency seeks to connect visual creators directly with recording artists and other music rightsholders and provide a simple, transparent, and fun licensing experience. With the ultimate goal to create a fully-decentralized, trustless music licensing marketplace Dequency provides creators income-generating opportunities with minimum fees and instant payment. Visit:

About The Dequency Team
Dequency was founded in early 2021 by music industry veterans Keatly Haldeman and George Howard with support from investor Mark Ross. Haldeman is a lifelong musician and co-founder and CEO of Riptide Music Group, a publishing company and record label specializing in the synchronization of music to picture. Riptide’s roster includes songs by artists such as Foster The People, Selena Gomez, Migos, Quavo, Big Gigantic, Black Flag, The Turtles, Goldfish, and Fatboy Slim. George Howard, JD/MBA is a distinguished professor of music business/management at Berklee College of Music. He is a founding member of Open Music Initiative (OMI), an open source protocol to increase transparency for royalty distribution. He is the former president of Rykodisc, the world’s largest independent record label, and cofounder of TuneCore, the world’s largest independent digital music distributor. Mark Ross is a music, film and concert producer, and a longtime entertainment business investor and entrepreneur with more than 35 years in the business of entertainment. As a music executive, he signed several multi platinum artists, most notably Pantera, and is responsible for the sale of tens of millions of records. The former Executive Director of Quincy Jones Productions, Ross has produced some of the largest and most successful live events in history.

About Algorand
Algorand is building the technology to power everything from the creator economy to the convergence of traditional and decentralized finance. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for anyone to transition into the new digital economy. The leading decentralized infrastructure of choice for visionary leaders across more than 1000 global organizations, Algorand is enabling the simple creation of next generation financial products, protocols and exchange of value. For more information, visit

Lydium Ecosystem Prepares for Financial Revolution in Agriculture Sector with LYD Coin 3585

LYD coin lydium

Lydium continues to expand its financial network, which continues to grow with new agricultural cooperative contacts and agreements every day. Lydium, whose ICO sales continue to be in demand on a global scale, aims to be a new ecosystem that includes the entire agricultural sector and LYD Coin to be a cryptocurrency used in the entire agricultural sector.

Nowadays, the share and strategic importance of the agricultural sector in the global economy has become more important than ever before. Despite the fact that the agricultural production around the world has increased nearly 3 times in the last 50 years, many agricultural products are insufficient to meet the demand of the constantly growing global population. It is seen that the biggest reason for this is that agricultural producers, due to financial problems, cannot reach the resources needed for production and technologies that will increase efficiency in production. Arguing that the solution to the financial problems in the agricultural sector is through a decentralized financial system, Lydium seems to have convinced the sector representatives and investors in this regard.

LYD Coin will be a cryptocurrency used in the entire agricultural sector

Lydium, which is the first project that brings DeFi to the agriculture sector, one of the most important sectors in the world, enables producers to reach the financial resources they need in a fast and easy way with the local currency LYD Coin. Lydium, which offers high-yield opportunities for investors and fast and easily accessible financing for producers by bringing together global individual and institutional investors and agricultural producers on the same platform, aims to solve the scalability and efficiency problems of the blockchain with its double-layered blockless distribution technology, and in this direction, aims Lydium Financial Network to be an ecosystem used in the entire agricultural sector by integrating the benefits and facilities of decentralized finance in the agricultural sector.

Lydium lyd coin

It is possible to participate in ICO via with all cryptocurrency exchanges

Lydium, which has the advantage of being the first defense project of the agricultural sector and aiming to become one of the largest decentralized finance ecosystems in the world, investors who are interested in the Lydium Project, which continues its ICO 2nd Phase sales with high demand globally and offers high-yield opportunities to its investors by increasing its value in each phase, can buy LYD token by sending Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), TRON (TRX), Dash (DASH), and Cardano (ADA) via lydium org over cryptocurrency exchanges. You can also follow Lydium’s official Twitter account at to be informed about airdrop events and take advantage of airdrop rewards. Lydium, which is preparing to create a financial revolution in the agricultural sector and developing an ecosystem that includes the entire agricultural sector, is one step closer to its goal in every ICO stage it completes.

Label Foundation Has Announced an Official Deployment on Binance Smart Chain 3732

Label Foundation has recently announced its readiness to deploy on the Binance Smart Chain, utilizing the cross-chain bridge that they have developed in cooperation with the Tokyo-based blockchain development company, Curvegrid. The deployment of the bridge pinpoints to the initiation of the Label’s integration into the Binance Smart Chain’s ecosystem.

Label may be understood as a blockchain-oriented international education content platform which presents an incubation system that readily supports various promotion, distribution and investment processes in an attempt to eliminate obstacles and challenges pertaining to existing content production as well as investment procedures.

Previous to this development, Label Foundation has expanded its ecosystem with key partnerships within the blockchain and education industry. It has already collaborated with OPENTRACK, a leading music education platform operated by Clesson. The partnership will provide a batch of world-class instructors that will provide early content within the Label ecosystem. They announced that they are committed to bringing world-class artists, such as Scoop DeVille, Mark Lettieri, Docskim and many other Grammy-nominated artists to their platform to incubate and NFTize their IP rights.

Label Foundation’s primary objective is to hence provide its users with high-quality educational and entertaining resources. Apparently, with their migration to the Binance Smart Chain ecosystem, Label will be able to leverage all the best features of the mainnet to scale and increase their performance of their decentralized application.

An innovative platform

Through Label, an NFT framework has been constructed atop the Ethereum Network and Binance Smart Chain, and it is supported by the LBL utility as well as governance tokens, with a single purpose of establishing a fair profit-sharing economy with permissionless IP rights incorporation. Label is hence a decentralized P2P (Peer To Peer) incubation platform that invests in high-quality entertainment and education material via the DAO (Decentralized Autonomous Organization) voting system, allowing donors to collect profits via the NFT ownership mechanism.

Also, the Label platform creates an ecosystem that seeks to establish an unbiased and decentralised incubating system, with the goal of providing content creators in the MOOC industry with improved accessibility. It therefore strives to enhance a seemingly unfair profit structure which is often prevalent in the sector and to also prevent copyright infringement instances from occurring throughout the industry.

Bridge with BSC

As per the latest developments, Label is now officially bridged to Binance Smart Chain (BSC) and the token shall be deployed via the MultiBaas Middleware, built by Curvegrid. The bridge shall link Ethereum Mainnet with Binance Smart Chain, allowing for the smooth movement of LBL tokens from ERC-20 to BEP-20 and vice versa.

Additionally, Solanium shall be joining LABEL as a strategic adviser, assisting in the expansion of the LABEL ecosystem. In the Solana (SOL) ecosystem, Solanium is a platform based in Amsterdam and primarily used for governance voting, decentralized fundraising, and time weight token staking. Furthermore, Label’s IDO is also anticipated to take place on RedKite and NFTb for the purposes of conducting public sale.

As per its whitepaper, Label aims to offer an unrivalled sales framework and infrastructure situated on the usage of blockchain technology via the aforementioned incubating system. Through this, experts, professionals and specialists alike can be found and invested in. Moreover, through effective system integration, Label will also create a fair profit sharing environment for the purposes of intellectual property rights. Lastly, with the establishment of its NFT Market, Label will launch a virtuous loop that will initiate the Global Value Chain by making the IP rights embedded in the non-fungible token readily transactable. To that end, it is also partnering up with various organizations from the entertainment and media industry to focus on the cultivation of its respective incubating system.

Blockchain Security Solution Provider CYBAVO Selected to Participate in Tokyo Financial Award 3929

Blockchain security firm CYBAVO has been selected as a participant for the Tokyo Financial Award, Financial Innovation Category. Chosen from a pool of 88 applicants, CYBAVO is one of the 16 companies that have moved into the next phase of the prestigious award.

The Tokyo Financial Award is hosted by the Tokyo Metropolitan Government (TMG) as part of its “Global Financial City: Tokyo” project, which aims to revitalize the city’s financial sector and reaffirm Tokyo’s position as the top global financial city in Asia. The award is designed to attract FinTech companies, both local Japanese and international organizations, to develop and provide innovative products and services that contribute to enhancing Tokyo residents’ daily lives and solve problems that Tokyo’s government may face.

CYBAVO offers a comprehensive solution that helps large enterprises and governments securely manage digital assets, providing a set of tools that help key players in the digital asset industry protect their assets, ensure regulatory compliance, and enhance operational efficiency.

CYBAVO recognizes Japan as being one of the most important markets for blockchain and cryptocurrency development. As early adopters of Bitcoin, Japanese users are among the more mature and technically-savvy users, pushing this technology further in terms of global exposure and adoption. With its expertise in the cybersecurity industry, CYBAVO looks forward to working with Japanese organizations to help them adopt the blockchain with confidence, knowing their funds will remain secure.

The 16 companies moving into the next phase of the award selection process will go through a final judging round in December, where their products and services will be ranked and 3 will be selected as award recipients in February of 2022. Before then, they will be offered the opportunity to meet with industry experts and mentors, participate in networking events, and receive business-matching opportunities with companies in Tokyo, including financial institutions.

Reebok and A$AP NAST Drop Limited-Edition NFTs on RFOX’s NFT Platform, All Minted in Under 5 Minutes 4546


RFOX NFTs is a white-label platform developed by RFOX that provides an end-to-end creation, website, marketplace, and shared liquidity pool platform, allowing businesses like Reebok to simply create and distribute NFTs.

Today, metaverse company RFOX announced that its white-label NFT platform, RFOX NFTs, was chosen as the exclusive technology provider for the recently-launched NFT collection from major international footwear and clothing manufacturer Reebok and rap-fashion icon A$AP NAST’s NST2 brand, in support of their launch of the unisex A$AP NAST x Reebok Zig Kinetica II Edge shoes.

The NFTs were distributed for free via the RFOX NFT platform, and were all claimed within less than five minutes of the public release. Sales in the secondary market for the NFTs were valued at a total of $250,000 USD on NFT marketplace OpenSea within hours of the release.

To support this launch of the A$AP NAST x Reebok Zig Kinetica II Edge shoes, available exclusively at, Reebok and NST2 minted their second limited-edition collaborative NFT collection on the RFOX NFTs platform. The 300 NFTs minted are available in 3 variants, representing the different elements in which the shoes can be worn. With the help of RFOX NFTs, these exclusive digital assets were made available on December 1, supported by RFOX NFTs technology and the NFT event’s wide reach through Reebok’s community of 4 million followers across Instagram and Twitter.

The successful launch of the A$AP NAST x Reebok Zig Kinetica II Edge NFTs was made possible through the RFOX NFTs solution, allowing for the deployment of the required smart contracts, the creation of the publicly accessible marketplace where people could claim and mint their NFTs, and the launch of the landing page where the NFT distribution was made.

Ben Fairbank, CEO and Co-Founder of RFOX, said, “We are proud of how the RFOX NFTs platform was instrumental in the successful, seamless, and high-profile launch of exclusive NFTs from Reebok and A$AP NAST. With this NFT launch, we have shown what RFOX NFTs is capable of as an important player in the growing NFT industry.”

RFOX NFTs is a white-label platform developed by RFOX that provides an end-to-end creation, website, marketplace, and shared liquidity pool platform, allowing businesses like Reebok to simply create and distribute NFTs.

This platform also supported the first virtual land sale of the RFOX VALT metaverse in the Callinova art-inspired quarter, with total sales reaching 29,503,803 RFOX (USD 1.4 million at the time of the sale’s completion in September 2021, USD 8.3 million as of December 1, 2021), as well as the launch of the Miss Universe Philippines NFT Collection, one of the first documented uses of NFTs in the beauty pageant space.

RFOX’s role in the release of the NFTs from A$AP Nast and Reebok is a key milestone in its partnership with VOID Cyber since September 2021. RFOX has issued a marquee shop to VOID Cyber to help introduce premium brands to the metaverse in RFOX VALT. RFOX and VOID Cyber previously worked together to help bring the trial NFT collection by Reebok to market earlier this year on the WAX blockchain. Now they are doing the same for NFTs, collectibles and digital wearables, as they operate a rotational collection of the worlds’ biggest brands in their virtual shop. As a result of this previous work, Reebok entrusted RFOX and VOID Cyber with the recent NFT launch, with much success for all sides.

VOID Cyber has worked on campaigns with Nike, Converse, Reebok, New Balance, VLONE, Off—White / Virgil Abloh, Yeezy, Lacoste, Louis Vuitton, KSUBI, Neighborhood, Fragment, Playboy, Palm Angles, Mayweather Sports, Rolling Loud, GOLF le FLEUR*, A$AP World Wide, Dreamville, OVO, TDE, Culture Kings and more. The collective is also actively involved in the entertainment sector and has collaborated with creatives such as A$AP Mob, The Weeknd, Playboi Carti, Kanye West, Juice WRLD, Pop Smoke, Skepta, French Montana, YG, NBA Youngboy, Nav, and more.

“Our success in this NFT launch is a result of our continued work in building an NFT platform that brands can trust, as well as our ongoing, high-impact partnership with VOID Cyber, which has provided us with an avenue for onboarding multiple premium brands and top artists into NFTs and the upcoming RFOX VALT metaverse. We look forward to more launches like this in the future, as the metaverse and NFTs become more ubiquitous to the public,” Ben Fairbank added.

About RFOX
RFOX is a metaverse builder based in Southeast Asia, with a mission to be the global leader in immersive metaverse experiences focused on retail, media, gaming, and rewards, through the RFOX VALT metaverse. Since 2018, the company has built the RFOX ecosystem of products and solutions that include online games, white-label NFT platforms, crypto-financial products, digital media platforms, and more. Its main token is $RFOX, the digital asset that fuels the RFOX metaverse ecosystem and its immersive technology.

About VOID Cyber
VOID Cyber comprises a team of industry experts with a passion for creativity, innovation, and utilizing new technologies. Together, our team has decades of industry experience in entertainment working with brands and creatives. VOID Cyber acts as a bridge for the traditional creative industries to enter and flourish in the blockchain space through NFTs and marketing activations.

STABILA – (STB) Coin Cryptocurrency, Literally Everything You Need to Know 4783


What is STABILA, and what is it trying to accomplish?

STABILA is a blockchain – based decentralized protocol that aims to construct a worldwide fintech system with the blockchain and distributed storage technology.

STB and the STABILA protocol!

Solving the problem of centralized fintech may be a “Micro” goal for STABILA, but the “Macro” goal is much greater. STABILA’s “Macro” goal is to completely reshape how we as a global society financially interact via the Internet on a truly decentralized platform ecosystem. One way to view STB is to view it as the “exchange” currency on the STABILA protocol blockchain. There will be many companies built on the STABILA blockchain that will use their own individual company crypto coins, but STB will be intertwined as the mediator between all of them.

As a licensed smart contract-capable blockchain, STABILA allows developers to build and deploy highly capable decentralized applications (DApps) that can be designed for fintech. 

The platform was founded in September 2021 by tech entrepreneur Daniel Varzari, who currently heads up the Moneta Holdings, a company that assists with the development and growth of the STABILA ecosystem.

How Does STABILA Work?

STABILA is similar to EOS in that users on the network need to acquire resources in order to transact or interact with smart contracts. On STABILA, these resources are separated into two types: bandwidth & UCR. Users need to CD (Contract of Deposit – temporarily lock) their STB to get bandwidth and UCR. 

When a user makes a regular transaction, bandwidth points are consumed, whereas smart contract transactions also consume UCR. Both bandwidth and UCR are gradually recovered over a 24-hour period. 

Like most smart contract platforms, STABILA features its own virtual machine — in this case, known as the STABILA Virtual Machine (SVM). The SVM is essentially the operating system used for running smart contracts in a secure and decentralized, but reliable environment. The SVM is said to be Turing-Complete, but its full capabilities are still being unraveled. 

STABILA is secured by a delegated-proof-of-stake (DPoS) consensus mechanism, which uses a network of 21 Governors (Gs) and 79 Executives (Es) to verify transactions and package them into blocks. These Executives are voted into position through an open election, which sees STB holders vote on their favorite Gs based on their merits.

Executives are also tasked with proposing improvements to the STABILA network. 

In the original STABILA whitepaper, a 5-year roadmap was set out for the project. STABILA is currently completing 1st year of this roadmap, and as of November 2021 is currently in the “V.1” stage of development.

V.1 – Smart contracts disabled.
V.2 – Licensed smart contracts enabled. (Feb 2022)

What Makes STABILA Unique?

STABILA is built to power a decentralized fintech echo system. It includes a number of features that help achieve this goal, including: 

On-Chain Governance

STABILA joins the increasing number of blockchain platforms to support on-chain governance — allowing STB holders to play an active role in shaping the future of the platform by selecting the Governors and Executives that ultimately enforce the will of the fintech community. 

Token Support

Like other competing smart contract platforms, including Ethereum and TRON, STABILA supports a variety of token standards, which helps developers power a range of novel use cases. These include TRC-20, TRC-10 and TRC-721 (non-fungible) token standards.

High Scalability

STABILA is designed to support massive on-chain scaling, allowing developers to build applications that can support potentially tens of thousands of users simultaneously. At present, STABILA’s DPoS consensus system allows it to comfortably handle around 2,000 transactions per second (TPS), but there are plans to further improve this in the future. 

Developing Ecosystem

What Stabila is developing for its users:


What Are Licensed Smart Contracts?

Smart contracts are useless and will continue to be useless for the foreseeable future. They lack mechanism of proofing asset backing and cannot communicate to the outside world. The Licensing model proposed is to allow only smart contracts that have real use and are asset backed by the underlying logic and corporate structure. In case the smart contract owner cannot keep up with his smart contract promise, a third party shall carry liability so the customers are fully protected on STABILA network.