Polka dot

Web3 Foundation Launches $45M USD Decentralized Futures Program To Back Diverse Range of Ecosystem Projects

Retrieved on: 
Thursday, November 16, 2023

Today, Web3 Foundation , whose flagship project is the Polkadot blockchain protocol, announces the launch and opening of applications for their decentralized Futures Program.

Key Points: 
  • Today, Web3 Foundation , whose flagship project is the Polkadot blockchain protocol, announces the launch and opening of applications for their decentralized Futures Program.
  • The decentralized Futures Program is part of Web3 Foundation’s mission to empower the Polkadot community to lead the decentralized development of the Polkadot ecosystem.
  • Speaking on the launch of the program, CEO of Web3 Foundation, Fabian Gompf said, “The Foundation believes its strongest asset is the community itself.
  • The decentralized Futures Program doubles down on this belief, allocating sizeable investments and grants that can accelerate the growth of decentralized technologies.

DeFi Technologies Inc. Announces Upcoming Launch of Valour Inc.'s Ripple (XRP) ETP and Other Corporate Updates

Retrieved on: 
Wednesday, November 22, 2023

Valour continues to prioritize product innovation and development, and it has plans to list additional traditional and physically backed ETPs in the coming months.

Key Points: 
  • Valour continues to prioritize product innovation and development, and it has plans to list additional traditional and physically backed ETPs in the coming months.
  • The Valour Ripple XRP ETP will enable investors to gain exposure to XRP, the native cryptocurrency in Ripple's ecosystem, simply and securely, via their bank or broker.
  • "The introduction of the Ripple (XRP) ETPs by Valour is a significant expansion of our product offerings," said Marco Infuso, Chief Sales Officer of Valour.
  • The Company intends to use the proceeds of the Offering for general corporate purposes, including to satisfy liabilities of the Company.

East Africa's Digital Dawn: ClickPesa Debt Fund and Pendulum enter into funding and technology partnership for Tanzania's Microfinance Evolution

Retrieved on: 
Tuesday, November 21, 2023

BERLIN, Nov. 21, 2023 /PRNewswire/ -- ClickPesa and Pendulum have teamed up in a technology partnership, leveraging the possibilities of decentralized finance (DeFi).

Key Points: 
  • BERLIN, Nov. 21, 2023 /PRNewswire/ -- ClickPesa and Pendulum have teamed up in a technology partnership, leveraging the possibilities of decentralized finance (DeFi).
  • Through the fusion of ClickPesa's proficiency in digital financial solutions and extensive networks in East Africa, and Pendulum's cutting-edge Web3 technology based on Polkadot, this partnership is set to equip Microfinance Institutions (MFIs) with essential tools and resources to access funding through the ClickPesa Debt Fund.
  • "We are thrilled to announce this strategic partnership with Pendulum," said Richard Lema, COO of ClickPesa, which runs the ClickPesa Debt Fund.
  • "Pendulum is excited to collaborate with the ClickPesa Debt Fund in their mission to support SMEs and women-owned businesses in Tanzania through MFIs," said Daniel Kisluk, CMO & Co-Founder at Pendulum.

East Africa's Digital Dawn: ClickPesa Debt Fund and Pendulum enter into funding and technology partnership for Tanzania's Microfinance Evolution

Retrieved on: 
Tuesday, November 21, 2023

BERLIN, Nov. 21, 2023 /PRNewswire/ -- ClickPesa and Pendulum have teamed up in a technology partnership, leveraging the possibilities of decentralized finance (DeFi).

Key Points: 
  • BERLIN, Nov. 21, 2023 /PRNewswire/ -- ClickPesa and Pendulum have teamed up in a technology partnership, leveraging the possibilities of decentralized finance (DeFi).
  • Through the fusion of ClickPesa's proficiency in digital financial solutions and extensive networks in East Africa, and Pendulum's cutting-edge Web3 technology based on Polkadot, this partnership is set to equip Microfinance Institutions (MFIs) with essential tools and resources to access funding through the ClickPesa Debt Fund.
  • "We are thrilled to announce this strategic partnership with Pendulum," said Richard Lema, COO of ClickPesa, which runs the ClickPesa Debt Fund.
  • "Pendulum is excited to collaborate with the ClickPesa Debt Fund in their mission to support SMEs and women-owned businesses in Tanzania through MFIs," said Daniel Kisluk, CMO & Co-Founder at Pendulum.

Polkadot Championship Hackathon: Now Accepting Applications to Shape the Future of Web3

Retrieved on: 
Friday, November 17, 2023

BUDAPEST, Hungary, Nov. 17, 2023 /PRNewswire/ -- CCTF, a prominent DAO specializing in consultation, extraordinary events, and security services for web3 and crypto projects, is excited to unveil the next round of the Polkadot Championship Hackathon, set to revolutionize the web3 landscape. This exceptional hackathon series is scheduled for December in Budapest, Hungary.

Key Points: 
  • The mission of this groundbreaking hackathon is to bring together the brightest minds in the industry—coders, hackers, and tech-business professionals—for challenges that will reshape the web3 landscape.
  • CCTF, renowned for its impeccable track record working with governments and its partnership with Polkadot, is committed to taking Web3 innovation to new heights through the Polkadot Championship Hackathon.
  • "Exciting updates are on the horizon, with the hackathon culminating in an on-site event at Gamerland, Budapest, inviting top players.
  • "Be part of the future of web3, create innovative projects, and join us at the Polkadot Championship Hackathon to usher in a new era of web3 innovation" - tells Six to the participants.

Artifact Lab Secures $2 Million in Pre-Seed Funding

Retrieved on: 
Thursday, November 16, 2023

SAN FRANCISCO, Nov. 16, 2023 /PRNewswire/ -- Artifact Lab, a cutting-edge platform revolutionizing how mobile games monetize players in an era driven by privacy, proudly announces the successful completion of its $2 million pre-seed funding round. RW3 Ventures and IOSG Ventures are the co-leaders in this funding round, accompanied by Raptor Group, Cypher Capital and HerculesDAO to round out the investors' group.

Key Points: 
  • Artifact Lab , a Next-Generation In-Game User Profile and Monetization Platform, Joins Forces with Leading Web3 Investors to Fuel Rapid Expansion
    SAN FRANCISCO, Nov. 16, 2023 /PRNewswire/ -- Artifact Lab, a cutting-edge platform revolutionizing how mobile games monetize players in an era driven by privacy, proudly announces the successful completion of its $2 million pre-seed funding round.
  • Sony Joseph, CEO, and co-founder of Artifact, expressed his enthusiasm, stating, "This funding underscores our commitment to envisioning a privacy-centric future, wherein users maintain full control over their in-game identity and data.
  • With Artifact, they become true partners with game publishers and advertisers in the monetization process.
  • "We are thrilled to support the Artifact Lab team in their pursuit of a game changing solution for mobile advertising," said David Saunders, Principal at RW3 Ventures.

Enjin Blockchain "Triple Migration" Successful; 51% Complete in First 60 Days

Retrieved on: 
Wednesday, November 15, 2023

SINGAPORE, Nov. 15, 2023 /PRNewswire/ -- 51% of native Enjin Coin (ENJ) on Enjin Blockchain allocated for swaps of ERC-20 tokens have been successfully claimed to date, following the launch of Enjin Blockchain's token migration over 60 days ago last September 13. This percentage completion is rapid given how widely distributed ERC-20 ENJ was, with over 80% distributed immediately at its 2017 launch and with over 170,000 unique addresses (excluding accounts in centralized platforms) pre-migration. This successful initial migration secures Enjin Blockchain and grounds initial governance and staking in this proof of stake blockchain, ahead of the 250 million ENJ early governance rewards to be released in 10 equal intervals beginning January 15, 2024.

Key Points: 
  • Enjin Blockchain is initially composed of Enjin Relaychain and Enjin Matrixchain.
  • Enjin Blockchain contains a claims pallet that allows migration of ERC-20 ENJ to Enjin Blockchain native ENJ at a 1:1 ratio, and migration of ERC-20 EFI at a 4 EFI : 1 ENJ ratio.
  • A pending Ethereum NFT migration will follow the Enjin Blockchain token migration (see below), with all Efinity NFTs already migrated to Enjin Blockchain.
  • Enjin Wallet, a secure and easy-to-use mobile blockchain wallet that seamlessly plugs into games and other platforms with Enjin Platform.

OKX Launches X1, New zkEVM Layer-2 Network, Built with Polygon CDK

Retrieved on: 
Tuesday, November 14, 2023

Additionally, and as part of the collaboration between OKX and Polygon Labs, OKX will become a core contributor to Polygon CDK, and will invest substantial engineering resources to enhance the technology stack for Ethereum scaling solutions.

Key Points: 
  • Additionally, and as part of the collaboration between OKX and Polygon Labs, OKX will become a core contributor to Polygon CDK, and will invest substantial engineering resources to enhance the technology stack for Ethereum scaling solutions.
  • The utilization of Polygon CDK technology represents a significant leap forward, enabling developers to design and deploy ZK L2 solutions on Ethereum with ease.
  • Looking ahead, Polygon CDK-deployed chains can interoperate and coexist within a larger network of ZK-powered L2s in the Polygon CDK ecosystem.
  • In the coming weeks, OKX and Polygon Labs will announce more details on the collaboration, as well as upcoming developer events.

OKX Launches X1, New zkEVM Layer-2 Network, Built with Polygon CDK

Retrieved on: 
Tuesday, November 14, 2023

Additionally, and as part of the collaboration between OKX and Polygon Labs, OKX will become a core contributor to Polygon CDK, and will invest substantial engineering resources to enhance the technology stack for Ethereum scaling solutions.

Key Points: 
  • Additionally, and as part of the collaboration between OKX and Polygon Labs, OKX will become a core contributor to Polygon CDK, and will invest substantial engineering resources to enhance the technology stack for Ethereum scaling solutions.
  • X1's native token will be OKX's platform token OKB, which will be used to pay for gas fees on the network.
  • Looking ahead, Polygon CDK-deployed chains can interoperate and coexist within a larger network of ZK-powered L2s in the Polygon CDK ecosystem.
  • In the coming weeks, OKX and Polygon Labs will announce more details on the collaboration, as well as upcoming developer events.

CryptoStake Announces Its Participation at StakingRewards Summit 2023 in Istanbul, Türkiye on Nov 10-11

Retrieved on: 
Tuesday, November 7, 2023

Zug, Switzerland--(Newsfile Corp. - November 7, 2023) - CryptoStake announces its participation at the StakingRewards Summit 2023 in Istanbul, Türkiye on Nov 10-11.

Key Points: 
  • Zug, Switzerland--(Newsfile Corp. - November 7, 2023) - CryptoStake announces its participation at the StakingRewards Summit 2023 in Istanbul, Türkiye on Nov 10-11.
  • CryptoStake, a versatile multi-asset staking protocol with user-oriented design that ensures that users receive rewards in the same cryptocurrency they have staked, will participate in this major event.
  • CryptoStake focuses on security and flexibility and avoids volatile and lower-cap altcoins as rewards, reducing exposure to the inherent risks of high volatility.
  • CryptoStake also plans to enhance cold storage solutions and offer licensed custody services in the near future.