Eco-Friendly BioCoin Cleans up Initial Crowdsale by Raising $2.5M 207

The steady rise of cryptocurrency, as well as the public’s increasing awareness of eco-farming and sustainability, has inspired LavkaLavka’s initiative, BioCoin.  This Russia-based platform aims to support and develop local farming communities through their innovative crypto loyalty program.

BioCoin’s popularity is already quite evident as they managed to raise an impressive $2.5 million during the first two weeks of their presale.  Thousands of contributors participated in this initial phase of the crowdsale.  According to the company, this total is twice as much as what they were hoping to raise.  It also amounts to 13% of the crowdsale’s cumulative goal, which is set at $15 million.

“Often, the concept of presale is used by startups as a PR stunt only.  For us, presale was tremendous work which yielded great results,” said Boris Akimov, who is the CEO of LavkaLavka.

BioCoin, a blockchain-based platform, hopes to support green businesses, such as organic food retailers and eco-farmers, through a virtual loyalty program.  With BioCoin, customers will be able to either trade through the exchange, or use as actual currency in an affiliated store.

LavkaLavka anticipates that the demand for BioCoin will steadily increase as the platform continues its growth curve.  Because of this, the price of BioCoin will also increase.  The subsequent result is that businesses using this platform will not lose any money due to rewards and discounts, but will instead actually earn money.  What’s great about this scenario is that when these businesses give BioCoin as rewards to their customer base, these consumers will be able to profit as well, resulting in a growth cycle for the whole ecosystem.

The platform is currently supported by thousands of businesses, farmers and customers.  In addition, new businesses are joining every week.  LavkaLavka has reported that there are presently 20 million BioCoin tokens being circulated every day.  They are mainly being used by farmers in Russia, and in many other countries.

BioCoin are also trailblazers in the Russian crypto market as they are the first platform to hold their ICO in complete adherence with the country’s laws.

Russia’s Presidential Administration has recently recognized the potential of the crowdsale funding model.  Because of this, the platform’s CEO was invited to lead the ICO department of the RACAB (Russian Association of Cryptocurrency and Blockchain).  The main aim of this association is to aid the country in finding and developing innovative ways to approach the crypto industry as a whole.  In addition to being pioneers in the industry in Russia, BioCoin has been named as likely being a primary model project for any of the country’s subsequent ICO regulations.

The next phase of BioCoin’s crowdsale has been planned for the 1st of November.  It will be hosted by Voskhod, Russia’s first official cryptocurrency platform.

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READYgg Launches RDYX Token on CoinList to Democratize Web3 Game Development 5416

Empowering players, creators and developers to drive community-driven innovation in gaming

READYgg, a leading platform in integrating Web3 technologies into gaming, has launched its utility token, RDYX, on CoinList. The token presale began on July 10, 2024, at 17:00 UTC and will conclude on July 17, 2024, at 17:00 UTC. This launch is a key component of READYgg’s comprehensive roadmap to seamlessly transition Web2 players, creators, and developers into the Web3 gaming ecosystem.

In conjunction with the RDYX token launch, READYgg has also launched the $RDYX Cup. Top-ranking players in this esports tournament will not only secure whitelisting spots for the RDYX token presale but also receive an early adoption bonus item for future gameplay within the ecosystem.

Token Sale Details:

  • Sale Period: July 10, 2024, 17:00 UTC to July 17, 2024, 17:00 UTC
  • Token Price: $0.16
  • Vesting Schedule: 20% unlocks at TGE, with a 6-month linear release thereafter
  • Minimum Purchase: $100.00
  • Maximum Purchase: $5,000.00
  • Accepted Currencies: USDC, USDT (ERC-20)

“The RDYX token is the backbone of our tech stack, simplifying game development by enabling developers to launch and mint data collections on-chain, and promoting a chain-agnostic approach. This token also empowers our community, allowing our players to actively participate and invest in our ecosystem through our delegation protocol. By offering RDYX to the public, especially retail investors, we’re inviting everyone to participate in and benefit from the community-driven growth of Web3 gaming. This is part of our commitment to democratize access to blockchain technology and foster a more inclusive ecosystem for all stakeholders.” – Christina Macedo, CEO & Co-Founder, READYgg, on her vision for the RDYX token and its integral role in the ecosystem.

READYgg’s all-in-one Web3 game development Layer 3 currently supports over 300 million monthly active players across 40+ studios, tapping into more than 2,000 games integrating the READYgg tech stack. Featuring a compliant token economy with the RDYX, a secure wallet, and cross-game NFT assets, READYgg ensures security, transparency, and traceability, enabling developers and creators to mint and build on any blockchain. Simplified by user-friendly Software Development Kits (SDKs) such as Unity, Unreal Engine, and Godot, these tools, along with dashboards and effective marketing strategies, are designed to maximize game visibility and community engagement.

Key highlights of the READYgg platform include:

  • GuestWallet: Allows users to interact with blockchain assets without the need to manage private keys, providing security and ease of use.
  • BridgeID: Facilitates seamless transactions and asset transfers between multiple blockchains, enhancing interoperability and user experience.
  • GameSync: Allows NFTs to be seamlessly integrated into games, enabling unique gameplay experiences and new revenue streams for developers.

CoinList, known for its stringent adherence to regulatory standards, will facilitate the RDYX token presale. Due to regulatory restrictions, residents from the U.S., Canada, China, and other specific jurisdictions are excluded from participation.

About READYgg

READYgg is at the forefront of integrating Web3 technologies into gaming, aiming to make Web3 games universally accessible. The platform supports creators and developers at all levels, enabling games on every platform for every player, powered by the innovative $RDYX token. Committed to fostering an inclusive, creative, and economically vibrant gaming community, READYgg leverages blockchain to enhance gameplay and player engagement through “ownership gaming.”

Chainlink Data Feeds Are Now Live on Starknet, Accelerating DeFi Development and Ecosystem Adoption Through the Chainlink SCALE program 5624

Chainlink, the industry-standard decentralized computing platform, and Starknet, the secure scaling technology bringing Ethereum’s benefits to the world, announced today that Chainlink Data Feeds, the industry-leading data solution for DeFi, are now live on Starknet mainnet.

Starknet is an ecosystem that helps developers to overcome Ethereum’s scalability limitations while ensuring computational integrity. The addition of Data Feeds offers support for developers who are building highly scalable and secure DeFi applications on Starknet. The integration will help accelerate the growth of the Starknet ecosystem and scale DeFi on Ethereum—without compromising composability or security.

“We’re pleased to support the Starknet ecosystem with the native integration of Chainlink Data Feeds, enabling developers to build highly secure and scalable DeFi applications,” said Johann Eid, Chief Business Officer at Chainlink Labs. “With hyper-reliable, accurate, and decentralized market data natively accessible onchain, developers can create next-gen applications on Starknet.”

Starknet previously joined Chainlink SCALE to gain enhanced access to Chainlink services and accelerate ecosystem growth and app development on its ecosystem. As part of the Chainlink SCALE program, the Starknet Foundation covers certain operating costs for Chainlink oracle nodes, equipping Starknet developers with access to low-cost Chainlink Data Feeds. This strategic partnership established an attractive landscape for Starknet developers by providing a data-rich, low-cost environment to build highly performant, increasingly complex, and secure smart contract applications.

Starknet is a permissionless Validity-Rollup on Ethereum that enables dApps to securely achieve massive computation scale. However, as is the case for all blockchain environments, smart contracts cannot natively access external data. Chainlink solves this problem by bringing highly accurate market data onchain in a highly secure manner.

“We’re excited to integrate the industry standard Chainlink Data Feeds on Starknet,” Diego Oliva, CEO at the Starknet Foundation. “Providing Starknet developers with highly secure, reliable, and accurate data will unlock a host of advanced DeFi use cases and drive the adoption of the Starknet ecosystem.”

As the most widely adopted price data standard in Web3, Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans. Chainlink Data Feeds have enabled over $12 trillion in transaction value since the beginning of 2022 and have delivered over 12 billion data points securely onchain. The combined benefits of Starknet and Chainlink enable hyper-scalable, highly secure, and reliable DeFi applications that will help realize mass DeFi adoption and scale Ethereum.

About Starknet Foundation

The Starknet Foundation is a non-profit that is the steward of the Starknet Ecosystem, a fast and scalable L2 based on secure, future-proof ZK-STARK technology. Driven by the mission of creating a digital world built with integrity, trust and transparency at its core, The Foundation oversees the ongoing development, growth, and adoption of the ecosystem through a broad range of programs and partnerships aimed at creating a highly engaged community of developers, founders, and users. To find out more visit starknet.io

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $12 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

Usual Labs Announces Public Pre-Launch Phase After Securing $75M in TVL for USD0 During Private Phase 5937

The pioneering company behind Usual, Usual Labs, an innovative protocol bridging traditional and decentralized finance (DeFi) through its first USD0 stablecoin, is thrilled to announce the commencement of its public pre-launch phase. This milestone follows a fruitful private launch, during which Usual Labs secured an impressive $75 million in Total Value Locked (TVL) commitments from over 180 prominent DeFi leaders and investors within a month.

USUAL stands as a secure, transparent, and decentralized Tether, redistributing ownership and value through the USUAL token. As a Real World Assets (RWA) infrastructure, it aggregates RWA and bridges it with DeFi liquidity, ensuring RWA composability and integration within DeFi. USUAL’s design guarantees safety, transparency, and verifiability, offering infinite scalability. Serving as an alternative to fiat-backed systems, USUAL redistributes value and ownership to the community, which owns the infrastructure, including Tether/Circle.

The USD0 stablecoin is set to challenge industry giants and establish itself as the leading DeFi-native stablecoin, offering users a secure, community-owned alternative to traditional financial systems.

The successful private launch and the substantial TVL commitments from leaders in the web3 space, including Sam Kazemanian from Frax Finance, James Ross from Mode, Michael Egorov from Curve, and many others, demonstrate the industry’s growing confidence in Usual’s potential to revolutionize the financial landscape and challenge its key pain points. This phase was crucial in validating Usual’s vision and establishing its position as a leader in the next generation of financial solutions.

Usual Labs is thrilled to advance towards its public launch in Q4 2024, inviting the broader community to join and participate in reshaping the future of finance.

This public pre-launch phase will last for four months, giving participants the opportunity to be part of the airdrop scheduled for Q4 2024.

Pierre Person, CEO and Co-Founder of Usual Labs expressed his enthusiasm, stating, “The surge in Real World Assets (RWA), particularly on-chain US Treasuries, has revealed the market’s appetite. Usual provides an infrastructure that aggregates RWA liquidity while enhancing its integration with DeFi. Our vision is to completely rebuild Tether on-chain. We are driven by a commitment to decentralization and aim to redistribute the generated value to the end user, ensuring fiat-backed stablecoins are truly crypto-minded. We are grateful for the overwhelming support from our investors and early adopters during the private launch, and we look forward to welcoming more users to experience the benefits of our protocol firsthand.”

As Usual Labs moves forward with its public pre-launch, the company remains focused on fostering a transparent dialogue with its community and empowering users to actively shape the future of finance. The team is committed to continuously refining the protocol based on user feedback and ensuring a seamless experience for all participants.

Adli Takkal Bataille, Design Executive Officer and Co-Founder added, “We are excited to open our doors to the public and witness the transformative power of the Usual protocol. Our goal is to create a more equitable, transparent, and community-driven financial ecosystem, and this stage brings us one step closer to achieving that vision. Users that begin utilizing the Usual protocol now will get rewarded in various ways during the pre-launch phase, so keep an eye out for updates from official communication channels.”

For more information about Usual Labs and to participate in the USD0 public pre-launch, users can visit https://usual.money/discover

About Usual Labs

Usual Labs is the company behind Usual, an innovative protocol that bridges the gap between traditional and decentralized finance through the USD0 stablecoin. Founded in 2022 by Pierre Person, Adli Takkal Bataille, and Hugo Sallé de Chou, Usual Labs is committed to creating a more equitable, transparent, and community-driven financial ecosystem. With strong backing from industry leaders and a significant TVL, Usual is poised to revolutionize the world of stablecoins.

Dora Announces Close of $5.5M Early Stage Funding Round co-led by Dragonfly and Lemniscap 6126

Dora, the unified search and action engine for the multichain world, is excited to announce the successful close of a $5.5 million early stage funding round. The round was co-led by Dragonfly Capital and Lemniscap, with participation from Robot Ventures, Ethereal Ventures, Maven11, and Arche Capital, alongside notable angel investors such as Co-Founder of Movement Labs Rushi Manche, and Co-Founder of Fluent, Dino Savonin. The funds will be utilized to enhance Dora’s innovative search, unified crosschain transaction capabilities, and expand their collaborations with blockchain networks across all virtual machines.

Dora is the only multichain search engine that allows for search capabilities and crosschain transactions in a unified interface. As applications increasingly leverage both online and onchain infrastructure, unlocking search capabilities is crucial for understandability and accessibility. Dora’s comprehensive block explorer and search solutions empower users and developers by providing easy access to onchain data, thereby driving the broader adoption of blockchain technology.

Dora currently supports over 20 chains including Ethereum, Arbitrum, Base, Celo, Scroll, Rari, Palm, and Xai.

The Dora platform provides a multichain Block Explorer to search blockchain data for EVM chains, APIs for accessing enriched token and NFT information, efficiently organized data structures for easy data retrieval powered by Goldsky and Simplehash, transaction functionalities such as swaps and mints, and embedded wallet. These offerings serve as a comprehensive solution for chains looking to encourage developer adoption and catalyze usage of their ecosystem.

The funding follows support for Dora by key industry partners including the largest ever Arbitrum subDAO grant, as well as grants from Gnosis, Scroll, and the Ocelot treasury for Celo.

“The golden age of web2 came hand in hand with that of its search engines. To spark the widespread adoption of onchain goods and services, we need a crypto search engine,” said Bunny, CEO and Co-Founder of Dora. “This funding round demonstrates our investors’ strong confidence in our vision: an unfragmented and unified multichain experience. By integrating interactivity at the Discoverability Layer, we aim to drive mass adoption of blockchain technology and facilitate the evolution towards a multichain, and soon multiVM world.”

Tom Schmidt, Partner at Dragonfly said: “Dora’s mission to make on-chain data accessible and interactive aligns perfectly with our vision for the future of blockchain technology. By providing comprehensive search and explorer tools, Dora is unlocking new potentials in the blockchain space. We are confident that their innovative approach will significantly contribute to the mass adoption of decentralized technologies.”

Tarun Chitra, Partner at Robot Ventures, said: “Dora is at the forefront of making blockchain data comprehensible and accessible to a wider audience. Their approach to integrating multiple chains into a seamless search experience is revolutionary. We believe their technology will play a pivotal role in the broader adoption of blockchain and decentralized applications. In a future where there are as many blockchains as there are GPUs, Dora will be the key to managing complexity for end users.”

Roderik van der Graaf, Founder of Lemniscap, said: “We’re delighted to co-lead this investment round for Dora, as part of our ongoing commitment to fostering groundbreaking technologies in the blockchain ecosystem. Dora’s unique approach to search and interactivity within the multichain world positions them as a key player in driving mass adoption, and we’re very excited to be part of their journey.”

About Dora

Dora is the Unified Search Engine for the Multichain World. We collaborate with a multitude of blockchain networks and rollup teams to provide comprehensive block explorer and search solutions. Our mission is to enhance the accessibility of onchain data through innovative search capabilities, driving understandability and mass adoption of blockchain technology.

About Lemniscap

Lemniscap is an investment firm specializing in investments in emerging crypto assets and blockchain startups. Since its founding in 2017, Lemniscap has funded multiple investments in the crypto blockchain space, on the core belief that blockchain technology will upend traditional business models, resulting in profound changes in the world economy. The Lemniscap team consists of talented people with backgrounds in financial markets, PE/VC, technology and entrepreneurship. For more information, visit https://lemniscap.com/.

For more information, please visit about.ondora.xyz

Rootstock Sees Unprecedented Growth in Recent Quarter 6301

Rootstock, the first and longest-lasting Bitcoin sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. This momentum has propelled Rootstock into the next step of its growth journey and the team is working toward further growth and improvements over the next 12 months.

According to block explorer data, there have been over 13 million transactions, to date, on the Rootstock network. This is the result of record-breaking 45k transactions a month for the sidechain. The data can provide insight on why Rootstock can be an excellent place to start building on Bitcoin with over 60% of Bitcoin’s hash rate securing the network, and an uptime of 100% since its launch in January 2018.

On the integration front, just over the last three months alone, over 25 dApps and protocols have been integrated into the Rootstock ecosystem providing users with new ways to access, build, and grow on Rootstock. The complete list includes the following:

Artoshi; Bitget; Chainport; Dega; Etherspot; Galxe; Gelato; iZUMi; Kickspad; L bank Exchange; LiFi; Merkl; oooo; OpenOcean; Rubic; Sailing; Satoshi; SimpleFi; Steer; SuperLauncher; SushiSwap; Umbrella; UniFi; Uniswap

Looking forward, Rootstock core contributors and community members have proposed a 12-month roadmap for Rootstock, with improvements and new features contributed by developers across the entire Rootstock ecosystem, which will allow ecosystems built on top of it, such as the RIF ecosystem, to keep on developing new tools and protocols useful for Rootstock developers. This roadmap includes a range of Rootstock Improvement Proposals (RSKIPs) focused on increasing transaction speed, improving usability, and further decentralizing the network. Highlights include:

  • Reducing transaction confirmation times from 30 to just 5 seconds – significantly speeding up the network
  • Enabling non-custodial swaps between Lightning Network (LN-BTC) and Rootstock (RBTC) via Boltz
  • Evolving PowPeg into a SegWit-compatible 2-Way Peg, increasing the number of entities overseeing Bitcoin transaction signing to over 60 and reducing peg-out fees
  • A Bitcoin native assets bridge that allows Runes tokens to freely flow between the Bitcoin mainchain and Rootstock
  • Preparing the development of a truly trust-minimized Bitcoin/Rootstock bridge that will harness BitVMX and will not require changes to the Bitcoin consensus protocol

When looking back on the last three months of momentum, Henrik Jondell, Chief Technology Officer at RootstockLabs, a key contributor to the Rootstock blockchain, commented “The last three months have been an important time for the successful growth of Rootstock and we are thrilled to see how the next twelve months will pan out. Rootstock has become one of the most used Bitcoin layer 2 for crypto and the increase in features and accessibility over this quarter has only helped expand its reach.”

About Rootstock

Rootstock is the world’s most secure smart contract platform that is cryptographically connected to the Bitcoin blockchain. Known as a Bitcoin sidechain, Rootstock uses a censorship-resistant two-way peg to allow users to send Bitcoin directly to the Rootstock chain which is then converted into smart Bitcoins (RBTC) on the Rootstock blockchain. These RBTC can be used to deploy or to interact with smart contracts and dApps on the Rootstock blockchain. BTC can be easily moved back to the Bitcoin mainchain at any point using the trustless bridge or through a variety of protocols such as Sovryn FastBTC.

Cwallet Expands Crypto Loans Landscape | Marking a New Era of Success in Lending 6471

Since its inception in March, the Cwallet Crypto Loan service has quickly surpassed a thousand transactions, marking a significant milestone that highlights its growing impact and acceptance in the competitive crypto lending market. By allowing cryptocurrency holders to access loans by using their digital assets as collateral, Cwallet has introduced a practical and innovative financial tool that caters to the immediate liquidity needs of crypto investors. This service not only facilitates quick access to funds but also preserves the potential for asset appreciation, positioning it as an appealing option for those seeking flexible and secure financial solutions. The growing transaction volume is a testament to the service’s functionality and its ability to meet the diverse needs of cryptocurrency users. As the platform continues to evolve, it is increasingly recognized as a reliable and advantageous resource in the expanding realm of digital finance.

Cwallet Crypto Loans offers two distinct loan types to accommodate the diverse needs of cryptocurrency investors: a 7-day fixed rate option for short-term borrowing, and an unlimited terms fixed rate option for longer-term financial planning. This versatility ensures that both short-term and long-term borrowers can find a solution that suits their specific financial requirements. Users can secure loans against their cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), benefiting from competitive interest rates that are calculated on an hourly basis. This flexibility allows for personalized and immediate financial management, distinguishing Cwallet Crypto Loans from traditional financial services.

Features of Cwallet Crypto Loans:

  • Flexible Loan Terms: Borrowers can choose from fixed or unlimited loan terms, providing significant flexibility without the risk of overdue penalties.
  • Interest Rates: Cwallet offers some of the most competitive rates in the crypto lending market, tailored to meet the diverse needs of its users.
  • Rapid Processing: The platform is designed for quick loan approvals, often within minutes, facilitating immediate access to funds.
  • Security Measures: Security of collateral is a priority, with robust measures in place to protect borrowers’ assets throughout the loan term.

Moreover, the innovative structure of Cwallet Crypto Loans is designed to streamline the borrowing process, making it straightforward and accessible for all types of users. The service utilizes advanced technology to ensure that the application and approval processes are efficient, secure, and user-friendly. Borrowers can easily navigate through the system, from depositing collateral to receiving loans and making repayments.

Additional Benefits of Using Cwallet Crypto Loans:

  • No Hidden Fees: Cwallet prides itself on transparency, ensuring that borrowers are fully informed of all charges upfront with no hidden fees. This clear communication fosters trust and reliability, enhancing user experience.
  • Wide Range of Supported Cryptocurrencies: Besides Bitcoin and Ethereum, Cwallet also supports other major cryptocurrencies like Tether (USDT) and USD Coin (USDC), allowing users a broader spectrum of options for their collateral.
  • Automatic Collateral Adjustment: In a volatile market, Cwallet’s automated system adjusts the collateral requirements based on current market values. This feature helps prevent liquidation during sudden market downturns, providing an additional layer of security for borrowers.
  • Educational Resources: Understanding the importance of informed decision-making in financial matters, Cwallet offers a comprehensive suite of educational materials that guide users through the nuances of crypto loans and managing digital assets effectively.
  • Customer Support: Cwallet has a dedicated customer support team that is available 24/7 to assist users with any questions or issues. This commitment to service ensures that users feel supported every step of the way.

As Cwallet Crypto Loans continues to develop and refine its offerings, it remains at the forefront of the financial technology industry, driving innovation in crypto lending. The platform’s consistent growth and the high volume of transactions signify a strong market demand and user trust in its services. Cwallet’s commitment to providing flexible, secure, and user-friendly financial solutions is transforming the way individuals and businesses leverage cryptocurrency for their financial needs. This adaptability not only enhances user experience but also promotes broader adoption of cryptocurrencies as viable and practical financial assets.

About Cwallet

Cwallet is a leading crypto wallet offering secure, fast, and flexible solutions for all crypto needs. Supporting over 800 cryptocurrencies and more than 50 blockchain networks, Cwallet is the preferred choice for millions of users worldwide. Its platform combines custodial and non-custodial wallets, offering the best blend of security and convenience. Cwallet is dedicated to simplifying the cryptocurrency world and delivering an exceptional experience to users. Currently, Cwallet just introduced the Gift Cards section, revolutionizing shopping experiences. This groundbreaking feature lets users purchase gift cards from top global brands such as Apple, Amazon, Spotify, Roblox, Minecraft, Stream US, EA Games and more, all directly within the Cwallet.