Subnetwork | Jotup

DOS Labs Secures $2.45 Million Investment to Revolutionize Battle Royale Gaming with MetaDOS

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星期三, 四月 3, 2024

Web3, Labs, Counter-Strike, Royale, DOS, Steam, Non-fungible token, Brainbox, Subnetwork, Video game

Tortola, British Virgin Islands, April 03, 2024 (GLOBE NEWSWIRE) -- DOS Labs , the visionary developer and publisher behind the highly anticipated battle royale game MetaDOS , has successfully raised $2.45 million in funding.

Key Points:

Tortola, British Virgin Islands, April 03, 2024 (GLOBE NEWSWIRE) -- DOS Labs , the visionary developer and publisher behind the highly anticipated battle royale game MetaDOS , has successfully raised $2.45 million in funding.
The infusion of capital will fuel the development and imminent launch of MetaDOS, a groundbreaking gaming experience that merges the adrenaline of battle royale gameplay with a unique “Time-as-currency” concept.
DOS Labs is concurrently developing DOS Chain, an Avalanche Subnet, to provide players with a seamless, zero-gas-fee experience.
“DOS Labs builds DOS (Decentralised Operating System) not only for players but also for game developers entering the Web3 space.

MapleStory Universe and Avalanche signed a strategic partnership to expand the project's blockchain-based game ecosystem

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星期一, 三月 11, 2024

Universe, MMOPRG, GDC, Conference, Partnership, IP, Subnetwork, MapleStory, Cryptocurrency

Avalanche supports a highly scalable app-specific platform called 'Subnet', which provides a smooth gaming experience even through surges of transactions.

Key Points:

Avalanche supports a highly scalable app-specific platform called 'Subnet', which provides a smooth gaming experience even through surges of transactions.
Through this partnership, MapleStory Universe plans to utilize Avalanche's 'Subnet' technology to expand its blockchain ecosystem and continue various activities such as technology-related collaborations to build a stable service.
"Our partnership with Avalanche will allow us to build a stable and complete blockchain ecosystem, enabling us to securely service various dApps along with MapleStory N to amplify our competitiveness," added Angela Son, Partnership Lead at MapleStory Universe.
Additionally, MapleStory Universe and Avalanche will hold a joint panel talk at MapleStory Universe's side event on the week of the 2024 Game Developers Conference (GDC) in San Francisco, on March 20th.

MapleStory Universe and Avalanche signed a strategic partnership to expand the project's blockchain-based game ecosystem

Retrieved on:

星期一, 三月 11, 2024

Universe, MMOPRG, GDC, Conference, Partnership, IP, Subnetwork, MapleStory, Cryptocurrency

Avalanche supports a highly scalable app-specific platform called 'Subnet', which provides a smooth gaming experience even through surges of transactions.

Key Points:

Avalanche supports a highly scalable app-specific platform called 'Subnet', which provides a smooth gaming experience even through surges of transactions.
Through this partnership, MapleStory Universe plans to utilize Avalanche's 'Subnet' technology to expand its blockchain ecosystem and continue various activities such as technology-related collaborations to build a stable service.
"Our partnership with Avalanche will allow us to build a stable and complete blockchain ecosystem, enabling us to securely service various dApps along with MapleStory N to amplify our competitiveness," added Angela Son, Partnership Lead at MapleStory Universe.
Additionally, MapleStory Universe and Avalanche will hold a joint panel talk at MapleStory Universe's side event on the week of the 2024 Game Developers Conference (GDC) in San Francisco, on March 20th.

Citi Collaborates with Wellington Management and WisdomTree to Explore Tokenization of Private Markets

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星期三, 二月 14, 2024

Banking, Asset Management, Professional Services, Finance, Subnetwork, Wellington Management Company, ABN, ABN AMRO, DLT, Business development, Ecosystem, Automation, WisdomTree Investments, Citigroup, Digital asset, Travel, Cryptocurrency

Today, Citi has announced that it has successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree.

Key Points:

Today, Citi has announced that it has successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree.
Private markets, although a $10 trillion asset class1, are characterized by an infrastructure that is complex and manual, with a lack of standardization and transparency, leading to inefficient distribution and operations.
The underlying fund distribution rules were encoded into the smart contract and embedded in the token transferred to hypothetical WisdomTree clients.
We look forward to continuing to collaborate with Citi, strong, long-term partners who are providing meaningful developments and thought leadership in the blockchain space,” said Mark Garabedian, Director, Digital Assets & Tokenization Strategy, Wellington Management.

Mirai Labs Blends SocialFi and Web3 Gaming, Migrates to an Avalanche Subnet

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星期二, 十二月 12, 2023

Economics, Avalanche, UX, Tech, Mirai, Subnetwork, Architecture, Video game, Cryptocurrency, Web3

HANOI, Vietnam, Dec. 12, 2023 /PRNewswire/ -- Mirai Labs, creator of horse racing game Pegaxy, has migrated to Avalanche and integrated SocialFi with esports economics into blockchain gaming. The move to Avalanche and the SocialFi layer, which lets participants buy and sell Key-like assets similarly to Friend.Tech, will create a more engaging experience for guild members, their supporters, and more casual gamers.

Key Points:

With the launch of Mirai Chain on an Avalanche Subnet, Mirai Labs adopts a blockchain platform that is increasingly known as a hub for Web3 game development thanks to its unique architecture and tooling, which provides superior scalability, security, and decentralization.
This migration from Polygon to Avalanche includes the Mirai Chain, the free-to-play racing game Pegaxy, Petopia , native token $PGX, Mirai ID, the Mirai App, and Mirai Pay.
It makes sense for Mirai Labs, as a leader in Web3 gaming, to be part of that momentum," said Corey Wilton, CEO of Mirai Labs.
"We're thrilled to welcome one of the most successful Web3 game studios, Mirai Labs, to the Avalanche gaming ecosystem," said Ed Chang, Head of Gaming at Ava Labs.

Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience

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星期一, 九月 25, 2023

Subnetwork, AMM, Blockchain, DEX, Wall Street, Decentralized finance, CLOB, CEX, BD, Cryptocurrency

SimpleSwap and SimpleView work in harmony, helping traders benefit from AMM-style swaps and greater portfolio visibility respectively.

Key Points:

SimpleSwap and SimpleView work in harmony, helping traders benefit from AMM-style swaps and greater portfolio visibility respectively.
As a central limit order book (CLOB) exchange, Dexalot incorporates more sophisticated features than a conventional DEX.
To ensure users enjoy an optimal experience, combining the simplicity of a DEX with the advanced trading tools of a CEX, Dexalot has released SimpleSwap and SimpleView.
To further support its efforts to enhance user experience, Dexalot is releasing SimpleView.

Dexalot Launches First Hybrid DeFi Subnet on Avalanche

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星期四, 二月 2, 2023

Ecosystem, Incentive program, CLOB, Entrepreneurship, Avalanche, USDC, Communication, Software verification and validation, Safety, ETH, Subnetwork, AVAX, Decentralized finance, USDT, CEX, DIP, BTC, Delegated administration, Cryptocurrency

Decentralized cryptocurrency exchange Dexalot has launched on an Avalanche Subnet, marking a new milestone in the evolution of decentralized trading protocols.

Key Points:

Decentralized cryptocurrency exchange Dexalot has launched on an Avalanche Subnet, marking a new milestone in the evolution of decentralized trading protocols.
The Dexalot Subnet aims to replicate the user experience of a CEX without compromising on decentralization and transparency.
Users deposit and withdraw assets through the Dexalot application on the Avalanche C-Chain, and then trade on the Dexalot Subnet.
As well as launching its long-awaited Subnet, Dexalot has confirmed that it will commence a new Incentive Program on the same date.

Re, the world's first blockchain-powered reinsurer, raises a $14M seed round to build a decentralized global reinsurance market

Retrieved on:

星期三, 九月 28, 2022

The protocol, built on the Avalanche blockchain, provides investors with access to a massive and uncorrelated asset class: insurance premiums.

Key Points:

The protocol, built on the Avalanche blockchain, provides investors with access to a massive and uncorrelated asset class: insurance premiums.
Re's capital providers, or Members, provide the financial backing for baskets of insurance policies to earn insurance premiums and yield.
From a timing perspective, Re is at the perfect entry point to launch into a growing addressable market, with insurance premiums rising globally.
"We're proud to support Re through the Startup with Chainlink program in their mission to build a decentralized global reinsurance market that provides users with more transparency and delivers cost savings.

Function X launched EVM Chain to scale its DeFi ecosystem

Retrieved on:

星期一, 七月 18, 2022

NICOSIA, Cyprus, July 18, 2022 /PRNewswire/ -- The Function X blockchain project is proud to celebrate its latest milestone: the launch of the EVM compatible chain (FXEVM) on the Function X Mainnet and completed its upgrade at block height 5,713,000.

Key Points:

NICOSIA, Cyprus, July 18, 2022 /PRNewswire/ -- The Function X blockchain project is proud to celebrate its latest milestone: the launch of the EVM compatible chain (FXEVM) on the Function X Mainnet and completed its upgrade at block height 5,713,000.
Function X is one of the first projects to integrate an EVM compatible chain on a chain based on the Cosmos network.
The EVM compatible chain is crucial to Function X's goal of becoming a decentralized finance (DeFi) blockchain platform that strengthens the DeFi ecosystem and encourage developers to use Function X to contribute to the advancement of DeFi and blockchain technology.
Function X Foundation is a nonprofit, independent organization that supports the growth of the Function X Ecosystem, a next-generation internet service framework, built entirely on and for the blockchain.

Avalanche Foundation's Blizzard Fund and JAM FINTOP Blockchain Back Intain's Deployment of Blockchain in Traditional Financial Systems

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星期三, 七月 6, 2022

The funds will be used to help scale Intain MARKETS, a structured finance marketplace scheduled for launch in July.

Key Points:

The funds will be used to help scale Intain MARKETS, a structured finance marketplace scheduled for launch in July.
The limited funding round included participation from investors who share Intain's vision of bringing traditional financial institutions and real world assets on blockchain.
Lead investors included Blizzard, a venture capital and incubation fund managed by the Avalanche Foundation and supporting projects in the Avalanche community, and JAM FINTOP Blockchain, a financial institution focused blockchain infrastructure venture fund.
Founded by financial services business and technology veterans, Intain understands the impact - benefits and risk - of technology in financial services.