Aave, Curve, PoolTogether, and Sushi Among Leading Ethereum DeFi Projects Joining Celo on DeFi for the People Collaboration 5593

Today, a consortium of leading Ethereum decentralized finance (DeFi) projects announced DeFi for the People, a collaboration of global crypto organizations united by a common goal: bringing DeFi to the 6 billion smartphone users around the world.

Built on Celo, the new initiative counts Aave, Curve, Sushi, PoolTogether, 0x, UMA, Valora, Ubeswap, and Moola Market among its founding partners. Education and infrastructure partners include Chainlink, RabbitHole, The Graph and Wrapped.com. This new program will offer more than $100 million in educational initiatives, grants, and incentives. The majority of program participants will jointly contribute half the funds for incentive programs.

Full product integrations with PoolTogether, Sushi, Moola Market, Ubeswap, and Valora are available now, with more launching soon. Starting today, rewards are available for PoolTogether on Celo, and incentive pools with other DeFi protocols and projects will be launching in the coming weeks and months. Also expected this fall is the launch of Optics, a gas-efficient interoperability protocol for cross-chain communication. With Optics, users will be able to easily move assets between Ethereum and Celo.

DeFi has experienced explosive growth in recent years, but has yet to gain widespread adoption. Of the roughly 5 million people around the world currently using DeFi applications, less than 10% live outside of developed countries. DeFi for the People aims to change that by bringing builders together to create products that make DeFi more accessible and easier to use for the people who need it most.

For billions of people, a mobile phone is their most important device and often their only access to the internet. Celo’s mobile-first platform—with over 1 million wallet addresses across 113 countries—presents a unique opportunity to bring the benefits of DeFi to anyone with a mobile phone. New real-world applications for DeFi with Celo are already underway.

Take for example in Colombia, where last year, at the outset of the pandemic, a pilot program provided unemployed individuals with undercollateralized micro loans on Celo. The loans enabled users to purchase motorized bicycles so they could deliver for Rappi. With access to the right equipment, some members of the pilot were able to double—and in some instances quadruple—their earnings. This is just one example of how DeFi can provide instant access to capital for millions of people, particularly for those in emerging markets where access to traditional financial services has been limited.

“DeFi for the People aims to make DeFi accessible to everyone by powering real-world use cases and focusing on mobile-first adoption,” said Rene Reinsberg, Co-Founder of Celo. “We’re excited to collaborate with the biggest projects in DeFi to bring more than 1 billion new users into the DeFi ecosystem over the next five years.”

Now Live: PoolTogether on Celo with $500,000 in Prizes
PoolTogether, an open source and decentralized protocol for no-loss prize savings, is now live on Celo with more than $500,000 in prizes. Users can deposit into PoolTogether on Celo for a chance to win prizes, and even if they don’t win, keep all their deposited money. This is possible because prizes are funded by the interest earned on deposits. PoolTogether is a unique “no lose lottery” because everyone who participates keeps their money.

“Research shows prize savings is one of the most important and effective on-ramps into savings for underbanked people. PoolTogether on Celo can facilitate crypto and DeFi adoption for the unbanked and users in developing markets who benefit most from low gas fees and fast transaction times,” said Leighton Cusak, Founder, PoolTogether.

Coming Soon

Aave on Celo with $20 Million Incentive Program
Aave, an open source and non-custodial liquidity protocol, is designed to enable users to earn yield on crypto assets supplied to the protocol, and to borrow assets. Suppliers earn yield by depositing digital assets into liquidity pools.

“The Aave protocol on Celo’s mobile-first platform has the potential to bring crypto to the 6 billion mobile phone users around the world, unlocking value on DeFi and making DeFi more accessible,” said Stani Kulechov, Founder and CEO of the Aave companies, the software development company that developed the Aave protocol.

Curve on Celo with $14 Million Incentive Program
Curve, an automated market maker (AMM) protocol, uses market-making algorithms to reinforce the liquidity of its markets, unlike traditional decentralized exchanges. Curve on Celo offers users a decentralized platform that allows users to trade and earn returns on their cryptocurrencies.

“Celo’s built-in stability mechanism makes it an exciting platform for payments that will drive greater stablecoin adoption. We are excited to help make mobile payments and DeFi mainstream,” said Julien Bouteloup, Curve Core Team.

Sushi on Celo with $10 Million Incentive Program
Sushi is a DeFi platform that facilitates trading, lending, and earning yield. Currently, Sushi users can trade assets with the Swap feature and provide liquidities on Celo with yield farming rewards and incentives coming soon. With Celo, Sushi users can benefit from faster transaction speeds and lower fees through secure and Ethereum-compatible transactions on Celo’s Proof-of-Stake (PoS) network.

“The Sushi AMM, Kashi lending, and other BentoBox products provide the necessary primitives needed for users to connect to a global and permissionless financial system. By leveraging Celo’s mobile-first product suite and UX that expands reach beyond crypto-natives, Sushi can drive this mission forward and take DeFi to the next frontier,” said Joseph Delong, CTO at Sushi.

Join DeFi for the People
DeFi for the People builds upon Celo’s mobile-first approach to make crypto and DeFi accessible for all. This is an open initiative for builders and entrepreneurs alike. Anyone interested in accelerating the adoption of crypto and DeFi in the real world is welcome to join.

To learn more about the movement, please visit https://www.defiforthepeople.org.

Calling All Builders: Hackathon with $1 Million in Prizes and Seed Funding
As part of its commitment to bringing crypto to mobile phones, DeFi for the People is hosting a hackathon in October with the goal of bringing more DeFi projects to Celo. Developers around the world are invited to build their projects on Celo, with $1 million in prizes and seed funding available for teams to jumpstart their projects. Learn more about the upcoming hackathon at https://www.defiforthepeople.org/#hackathon.

About Celo:
Celo is a mobile-first, open-source ecosystem of technologies, organizations and individuals that all share a common mission of building a financial system that creates the conditions for prosperity for everyone. The Celo ecosystem includes a decentralized, Proof-of-Stake blockchain technology stack (Celo Platform), a native asset (CELO), stablecoins (cUSD, cEUR), and the Celo Alliance for Prosperity, with over 150 organizations around the world, including Deutsche Telekom, PayU, Opera, Andreessen Horowitz, Anchorage, Coinbase, GSMA, Grameen Foundation, Prosegur, Abra, and cLabs, a service organization dedicated to growing and developing the Celo ecosystem. For more information, please visit: celo.org

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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.

Layer3 Blockchain Orbs Announces V4 Upgrade to Meet Growing Industry Adoption 11229

Trailblazing blockchain infrastructure project Orbs has announced the development of the next major iteration of its Network protocol, Orbs V4. Described as a substantial upgrade, V4 is designed to enhance the efficiency and robustness of Orbs’ Layer3 technology, preparing the network for an expected surge in already-growing demand and usage in 2024.

As decentralized applications increasingly integrate Orbs’ products, the need for a more advanced network has become apparent. Orbs V4 is set to address this pressing need by focusing on a raft of key node upgrades, ensuring Orbs remains at the forefront of blockchain technology and equipped to handle the next wave of L3 adoption.

“The evolution to Orbs V4 marks a pivotal moment in our journey,” said Nadav Shemesh, CEO of Orbs. “This upgrade is not just about scaling up; it’s about setting a new standard in L3 infrastructure, ensuring we stay ahead of the curve in this ever-evolving space.”

V4 arrives two years after the introduction of its predecessor Orbs 3.0, which showcased the venture’s novel L3 architecture. The launch of two execution services, Orbs Lambda and Orbs VM, meanwhile, allowed devs to extend smart contracts with L3 decentralized backend services executed by Orbs Guardians, reducing projects’ dependence on centralized backend solutions.

The latest iteration of the Orbs Network protocol has been in the works for some time and will benefit from more efficient node implementation and other necessary upgrades. These will include Layer3 scaling enhancements, improvements in uptime, an upgraded L3 Activity dashboard to track Orbs-powered protocols, and a revamped Tetra staking wallet.

To facilitate more frequent upgrades, the existing manual rollout process for Guardian nodes will be automated while Orbs will move away from AWS-centric deployment to support a wider range of hardware and increase decentralization.

Technical barriers facing node operators will also be reduced in V4 as the Orbs node installer CLI will be replaced. Moreover, the auditability of the Orbs core orchestrator will be improved.

The entire Orbs team is eager to collaborate with Orbs Guardians, major stakeholders, and the wider community to bring its vision for V4 to fruition and to further solidify its position as an innovator in the Web3 sector.

About Orbs

Orbs is a Layer-3 public blockchain infrastructure project, conceived as a decentralized execution layer operating between existing L1/L2 solutions and the application layer. Executed by a secure network of permissionless validators, Orbs utilizes Proof-of-Stake and improves the existing capabilities of smart contracts on both EVM and non-EVM chains.

Fully on-chain gaming: How Web3Games.com is transforming the space with W3Gamez Network 11392

Blockchain gaming has embarked on its journey since 2014 with the launch of Huntercoin to test the potential of integrating blockchain technology with games. After nearly ten years of exploration, blockchain games are looking more and more like advanced prototypes of traditional games: the gameplay loops are not just about grinding, and the graphics are much more eye-catching. However, crypto gaming remains the hilarity of the minority at the current stage. To illustrate it, one of the most popular blockchain games, Axie Infinity, is less than 0.2% the size of Counter-Strike 2 in terms of average monthly active users. To open paths to onboarding more both players and developers, a growing community of Web3-native developers and players finds another approach to the next level of blockchain gaming by building the ecosystem of games and NFT primitives that operate completely on blockchains. In other words, fully on-chain games.

Fully on-chain gaming is one of the most promising areas for creating the next Alpha space, with multiple top investment institutions conducting in-depth research. Currently, fully on-chain gaming is still mainly attracting the attention of niche geek groups, with most attention focused on the Layer 2 network RedStone created by the team behind the Dark Forest game. Recently, more and more projects are participating in developing fully on-chain gaming engines and products. Among these pioneers leading the paradigm shift to fully on-chain gaming, Web3Games.com stands out with its latest product, W3Gamez Network.

Web3Games.com has been committed to integrating decentralized blockchain technology with games since 2021, giving players real ownership of game assets, enhancing game transparency, and providing developers with more user-friendly blockchain development tools. In the early days, Web3Games.com focused on building the infrastructure for blockchain gaming. After three years, it is almost the only project that has delivered technical infrastructure applications and game products at the same time. The team officially announced in 2024 that it will focus on the fully on-chain gaming ecosystem and bring its fully on-chain gaming Layer 2 network W3Gamez Network, which is invested by the NEAR Foundation, developed based on the OP Stack framework, and uses NEAR for Data Availability (DA).

Since on-chain gaming requires that games solely use smart contracts to execute the gameplay logic and store in-game data, it challenges developers and players to operate under strict technical limitations. Therefore, the experimental trials for any project are inevitable, and the accumulative cost becomes consequently expensive. Moreover, traditional GameFi games typically only put game assets on-chain, while game logic is still processed on centralized servers. This can lead to transparency and fairness concerns, as players cannot verify that the game is being played fairly.

Web3Games.com has addressed these challenges by focusing on Layer 2 rollup solutions, enabling developers to create fully on-chain games that are both performant and affordable. In 2024, Web3Games.com launched its W3Gamez Network, a Layer 2 network specifically designed for blockchain gaming. The network uses NEAR Data Availability (DA) to provide low-cost and high-throughput transactions for game assets and logic.

In addition to launching the W3Gamez Network, Web3Games.com is also launching two tokens: WGT and W3G.

WGT (Web3Games.com token) is a utility and governance token that will be used to incentivize and reward activities that support the Web3Games ecosystem. W3G (W3Gamez Network Token) is the native gas and governance token of the W3Gamez Network. The W3G token sale is currently ongoing on Web3Games.com and will end on January 28, 2024. The token price is $0.02 USDC, and the target raise is $400,000.

W3Gamez Network has raised $4 million in two rounds of funding from investors, including NEAR Foundation, DAO Maker, and LD Capital. The team has also worked with NEAR on multiple projects, including providing blockchain technology solutions to Alibaba. W3Gamez Network is the first Layer 2 gaming network to use NEAR’s Data Availability (DA) technology.

To make games trustless, open-source and composable, with the game’s state always immutable and transparent on the blockchain, W3Gamez Network, along with the entire ecosystem powered by Web3Games.com, has provided a fully decentralized ecosystem with robust blockchain security, where everyone plays fair and owns their experience. However, the idea of putting an entire game onto a blockchain is still controversial among traditional game developers, because blockchains are notoriously undesirable for its computing speed, scalability and storage. There is a long journey ahead of fully on-chain gaming. In 2024, Web3Games.com will be fully focused on the development of fully on-chain gaming, having taken the road with the launch of W3Gamez Network as a major milestone. Although fully on-chain gaming remains experimental in the crypto industry, the thesis is that it is highly possible onboarding of the next billion users to blockchain will be through gaming. Hence, it’s essential that well-designed incentive structures, sustainable economics, and developing architectures are available for both developers and players, which is exactly what W3Gamez Network has been focusing on.

PunkPoll Unveils Censorship-Resistant Voting and Survey Platform Powered by Zero-Knowledge Proofs and Mina Protocol 11324

Mina Foundation, the organization serving the Mina Protocol, has partnered with PunkPoll, an online voting and survey platform that today announces the launch of its Open Beta. The PunkPoll voting system allows for anonymous responses and protects personal privacy through a zero-knowledge-native design verified on Mina Protocol.

As part of its Open Beta launch, PunkPoll is integrating with KakaoTalk, a popular Korean-based messenger app with more than 150 million users worldwide. This integration is made possible by Mina’s recursive zero-knowledge proof technology, which allows for its succinct 22KB blockchain to be embedded in users’ smartphones and day-to-day devices.

Joon Kim, a board member of the Mina Foundation, said of the partnership, “The holy grail of blockchain is finding killer use cases. PunkPoll, through its Open Beta, is positioned to showcase not only ZK-voting for real-world users, guaranteeing privacy and security, but decentralized identity verification through social graphing. We believe that PunkPoll not only highlights the potential of Mina’s technology but stands as a beacon for the blockchain industry as a whole. Mina Foundation is excited for what else is to come through this partnership.”

Mina Protocol uses zero-knowledge proofs (ZKPs) that allow one party to prove to another that a statement is true without revealing any information beyond the validity of the statement. Leveraging Mina’s ZK offerings for developers, PunkPoll minimizes the risks of sensitive data disclosure while upholding polling transparency and verifying the uniqueness of users’ identities.

PunkPoll’s platform supports a wide range of voting and survey use cases and user preferences. Among these features, PunkPoll offers social graphing — a novel voter authentication method where friends verify each others’ identities, rather than relying on personal documents and centralized certification authorities. This approach enables identity verification based on human relationships and is a key part of PunkPoll’s decentralized registration process.

Peter Baek, the CEO of PunkPoll added, “The aim of PunkPoll’s service is to enhance the transparency of voting processes and ensure the integrity of voting results, all while protecting the privacy of voters. By utilizing recursive zero-knowledge proofs on Mina’s performant Hodori Net, and soon, on mainnet, we simplify the voting verification process and enhance the scalability of the system. We believe the combination of these cutting-edge technologies effectively solves the problems that occur in existing voting systems.”

PunkPoll launches its Open Beta service on the Mina Hodori Net, featuring an anonymized ‘News-Based Public Opinion Poll’ system based on its zk-Voting infrastructure. For more information, please visit: https://www.punkpoll.io/.

About Mina Protocol

Mina Protocol is a next-gen zero knowledge (ZK) blockchain. Rather than apply brute computing force, Mina uses advanced cryptography and recursive zk-SNARKs to design an entire blockchain that is fixed at 22KB, the size of a couple tweets. Lightweight and accessible, Mina enables efficient implementation and easy programmability of zero knowledge smart contracts (zkApps). With Mina’s enhanced privacy features and off-chain execution model, developers can build novel applications that bridge the real world and crypto—bringing us closer to the secure, democratic future we all deserve.

About Mina Foundation

The Mina Foundation serves the Mina Protocol. The Foundation supports the protocol and its community by issuing grants to third parties that make significant contributions, fostering community growth, and championing Mina in the wider world. Mina Foundation board members include former Executive Director at ZCash Foundation Josh Cincinnati, Harvard Business School Finance Professor, and Coinbase Advisory board member Marco Di Maggio, Head of Product at OP Labs Tess Rinearson, Mina Foundation General Counsel Joon Kim, and former O(1) Labs CEO Evan Shapiro.

About PunkPoll

PunkPoll is a decentralized voting and public opinion polling platform, aiming to innovatively transform political participation in the digital age. This platform is designed to address several limitations and vulnerabilities of traditional voting systems, such as the potential for manipulation, lack of transparency, and privacy issues. PunkPoll employs the latest decentralized technologies, including Zero-Knowledge Proof (ZKP) based blockchain and NFTs, to provide a secure and transparent voting system, as well as anonymized surveys and public opinion polling, enabling users to directly participate in substantial decision-making processes.

This system uses a decentralized registration method, allowing users to become PunkPoll citizens (panel members) through social graph authentication via messenger. This facilitates user participation in the mechanisms of direct democracy, with the goal of creating a user-friendly platform that is easily accessible from anywhere in the world.

ChainGPT Facilitates the Launch of the GT Protocol, Bringing AI-Powered Auto-Trading to Crypto 11395

ChainGPT, the AI-powered Web3 infrastructure providing a diverse suite of tools and services, launches the GT Protocol through its IDO (initial DEX offering) launchpad, ChainGPT Pad. The protocol’s app grants access to CeFi, DeFi, and NFTs within a non-custodial setting, providing secure and transparent asset and portfolio management alongside efficient algorithmic trading tools. The GT Protocol implements advanced AI algorithms to power its automated crypto trading platform, which recently went live, with its native crypto token $GTAI set to launch on January 25.

With the guidance of ChainGPT’s launchpad, which serves as an incubator for promising Web3 startups, the GT Protocol features a conversational AI model alongside its “Deal Execution and Task Management Core” to connect users with crypto’s most profitable and risk-managed investment instruments. Users will gain convenient access to DeFi platforms, NFT marketplaces, CeFi exchanges, and ChainGPT’s proprietary staking mechanism.

GT Protocol’s core strength lies in its blockchain AI execution technology integrations, which offer a wide range of features including:

  • Simplified AI commands for trading and transactions
  • AI-driven portfolio management for optimal returns
  • Automated AI-powered trading strategies
  • Comprehensive off-chain and on-chain AI analytics on crypto markets
  • Real-time AI trading signals
  • AI-enabled arbitrage trading
  • AI management tools for NFT collectors
  • User-friendly AI tools for Web3 onboarding and education

The $GTAI token is a signature part of the GT ecosystem, where users can earn the protocol’s native currency by providing account data for GT AI model learning while using its app and products. $GTAI holders can participate in GT DAO governance votes, influencing the future strategy and ecosystem development.

ChainGPT is a pioneer in the field of blockchain AI infrastructure, offering a wide range of tools and services including a smart contract generator and auditor, advanced AI trading, an NFT generator, an AI-powered security extension, and SDK and API access for developers and organizations to integrate ChainGPT. The ChainGPT Pad supports the entire ecosystem and is recognized for its strategic mentorship, earning top ROI rankings for nurturing talented and innovative Web3 startups.

“The GT Protocol is a testament to the visionary approach of ChainGPT Pad by fostering groundbreaking Web3 solutions with the help of AI,” says Ilan Rakhmanov, CEO and Founder of ChainGPT. “GT Protocol has already garnered great momentum thanks to attention from significant media figures. We are excited for the GT Protocol, with its all-encompassing app, to be a part of the ChainGPT ecosystem because it provides a gateway to the future of crypto—making sophisticated AI-powered investments accessible to all.”

“Our protocol is truly a one-stop-shop for everything crypto, and our use of advanced AI algorithms offers investors from any background a comfortable and convenient way to trade, buy, bid, and stake crypto,” says Vladislav Balaban, co-founder of GT Protocol. “With our AI shopping assistant and other revolutionary features, we’re approaching groundbreaking territory in the Web3 space. We are grateful to working with the team at ChainGPT Pad who have provided us with invaluable expertise and guidance during the development stages.”

About ChainGPT:

ChainGPT is the leading provider of AI-powered infrastructure for crypto, blockchain, and Web3, offering automated smart contract generation and auditing and an advanced Web3 AI chatbot, AI-powered news aggregation, an AI training assistant, cross-chain swap, and an NFT generator. Further solidifying its position at the forefront of technological innovation, ChainGPT has established strategic partnerships and received recognition from notable tech leaders such as Google, Nvidia, BNBChain, and Chainlink.

Website: https://www.chaingpt.org/

About GT Protocol:

GT Protocol is a Web3 AI execution protocol connecting users with access to CeFi, DeFi, and NFT markets through an all-in-one conversational AI interface. As an AI layer for blockchain, GT’s goal is to onboard 100 million users over the next couple of years with its AI Shopping Assistant that brings major brands like Amazon, Microsoft, eBay, Apple, and more into the world of Web3.

Website: https://www.gt-protocol.io/

Upgrading Global Payment Experience – Grineo Integrates Fiat and Digital Currencies 11754

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SYDNEY, AUSTRALIA / January 17, 2024 / Grineo, the FinTech startup that aims to introduce digital currencies to the physical world, announced the launch of its highly-anticipated “debit card & wallet App” exclusively in Australia by early 2024, as reported by the Crypto News Australia agency. The app and card allow users to store and trade digital currencies as well as spending them like cash in stores or withdrawing as cash from ATMs, bringing much-needed adoption to the world of digital currencies.

The founders of Grineo first came up with the idea during a business meeting in Melbourne back in 2022, where they saw the immense potential of stablecoins as a store of value for investors.

They also realized that Australia significantly lagged its peers when it comes to the number of digital startups per person, the amount of investment in digital asset companies, and tech-skilled professionals. However, according to their estimations, if Australia manages to adapt blockchain and digital assets despite these issues, it will be able to save A$160 per person per year on international transaction fees and up to 80 hours per a small business on compliance and administrative costs.

Grineo officially launches in Q1 2024, becoming the catalyst for this much-needed change in the Australian market. Grineo users can spend digital currencies with no extra exchange fees wherever major cards are accepted, with conversion taking place in real-time at point-of-sale. With thousands of users in the waitlist from Sydney, Melbourne, Perth, and Brisbane, Grineo continues to expand its reach across the whole of Australia.

“The Australian market size in terms of transaction revenue is considered very niche for a digital currency card provider accounting only for $17M of revenue annually,” said Olesia Kostieieva, Grineo Chief Expansion Officer. “Our philosophy is that payments in digital currency should be available for everyone everywhere.”

With Grineo, consumers can unlock the power of digital currencies by opening a free account and gaining access to a physical card in just a few business days. They can also receive an immediate virtual card for instant use. All transactions take place on the Grineo platform, without any middleman processes slowing things down. Swapping assets are arranged easier or more affordable. The platform boasts a host of features, from customizable notifications to cutting-edge asset management tools. And behind the scenes, Grineo is revolutionizing the financial system by giving digital currencies the same level playing field as traditional currencies, including the Australian dollar. So, less limitations and more endless possibilities with the Grineo payment app.

“It is an all-in-one application,” Kostieieva said. “Because Grineo stores your digital currency alongside your traditional currency, there’s no need to go back and forth with your bank or top up via bank transfer and wait several days for it to settle.”

But what sets Grineo apart is its commitment to transparency and low fees. With exclusive rates and automatic conversion at the best possible live rates, users could save a significant amount of money on overseas transactions. No-fee ATM withdrawals are also available. Plus, with Grineo’s partnership with regulated card companies and banks, users can trust that their assets are secure and compliant.

According to Kostieieva, the use of stablecoins for purchasing goods and services may still pose some challenges. However, with the revolutionary Grineo platform, one can effortlessly utilize USDT in Sydney or seamlessly compensate others in Ethereum.

As Grineo prepared to enter the Australian market, they maintained a close relationship with regulators in Australia where they had already launched in the summer of 2023 their startup regulated by AUSTRAC. This designation gave Grineo access to essential networks and systems, further solidifying their position as a potential leader in the digital currency space.

In addition, Grineo collaborates with regulated card companies and bank partners to offer a comprehensive range of traditional and digital currency payment services throughout its prime market in Australia. All while upholding the utmost standards for security and compliance.

Kostieieva shared that the high standards set by regulatory players only serve to inspire and motivate their team, as they feel a great responsibility to ensure the success of Grineo. With their sights set on revolutionizing the way we spend and exchange currency, Grineo is ready to make its mark on the FinTech world.

About Grineo

Discover the innovative world of GrineoPay – the ultimate gateway to the digital currency economy in Australia. Our carefully crafted suite of products, led by the Grineo Wallet & Card App, is designed to cater to all levels of users with its intuitive interface and advanced trading features. Headquartered in the bustling cities of Sydney and Melbourne, our fully regulated company, Grineo Pty Ltd, is backed by a team of banking and FinTech experts. Be a part of the digital currency revolution and join us at our headquarters on Level 14, 5 Martin Place, Sydney, NSW 2000, Australia. Regulated by AUSTRAC. Unleash the potential of digital currency with GrineoPay – visit our website https://grineopay.com now!