Multichain Ventures Secures Public Sector Contract with Nevada to Supply Tokenized Financial Ecosystem for the Legal Cannabis Industry 21000

Multichain Ventures Inc., a pioneer in blockchain, tokenized ecosystems and digital financial infrastructure, utilizing their proprietary patent pending commerce solutions, is pleased to announce that alongside another vendor, has secured a public sector contract with the State of Nevada to fulfill the requirements of Assembly Bill 466. The Bill creates a Pilot Program and legal framework within which legal cannabis entities and supporting businesses can eliminate the necessity of transacting exclusively in cash, through the implementation of blockchain-based financial technology services.

Multichain Ventures was an early participant in roundtable discussions which ultimately culminated in the AB466 proposal, contributing feedback during two events over the course of 2018. Early discussions centered on a variety of potential alternative solutions to issues facing cannabis operators. Co-founders Michael Wagner, CFA and Gabriel Allred, PhD consulted directly with more than twenty five public officials on the fundamentals of tokenized ecosystems, and the inherent advantages of speed, functionality, and transparency of such systems.

FEDERAL OUTLOOK

Cannabis remains a Schedule I federally controlled substance by the DEA in the United States. As a result, federally regulated entities, such as banks and payment processors, are reluctant to provide services to marijuana businesses, despite some form of legal status across 35 states.

The Cannabis 2021 outlook for federal reform is staging for major strides due to the new U.S. Senate revamp. Recent Democratic victories in Georgia give the Democrats 50 seats along with Vice President-elect Kamala Harris holding the tiebreaking vote.

Recent cannabis public market activity increased, with investors feeling inclined to activate investment vehicles in response to Washington’s projected approval of policies and legislation opening commerce to increase business across the nation.

Without a Republican-anchored Senate, cannabis reform efforts stand a chance in congress. But not without grit, perseverance and time. The U.S. economy and the coronavirus pandemic are at the forefront of our Nation’s priorities. Historically, President-elect Joe Biden’s marijuana agenda includes a moderate approach:

  • Legalizing medical marijuana federally
  • Rescheduling marijuana
  • Supporting states’ rights

Cannabis banking reform would enable more marijuana enterprises to use not only traditional banking sources but to also tap into additional sources of capital for business operations and expansion. However, we see a long road ahead until dispensaries and other industry supply chain operators can transact safely with our Nation’s biggest banks.

“Supply chain and financial managers struggle to implement strategic decisions, arrested by a regulatory environment characterized by commerce restrictions. Despite continuous obstacles the cannabis industry continues to see year over year growth driven by global demand. As we look forward into the cannabis economic mechanics we have the opportunity to build this industry with a best in class financial infrastructure benefiting the consumer experience, operator value chain and government regulatory mandates. ” Pablo Quiroga, Chief Operating Officer, Multichain Ventures, Inc.

PILOT PROGRAM

The AB466 Pilot Program represents a first-of-its-kind solution to the rapidly growing cannabis sector, which continues to see expansion in state legalization. It is a major step in reinventing how cannabis operators conduct business. AB466 specifically calls for a tokenized, closed-loop financial ecosystem. Operators and supporting businesses will have the opportunity to optionally participate in the pilot. The system is designed such that cash deposits are converted to a fully collateralized stable token, which can then be freely transacted with other participants. Ecosystem parties are able to remove cash from the ecosystem through the redemption of stable tokens, and withdrawals to external facilities.

“The Pilot Program presents a tremendous opportunity for Multichain Ventures to demonstrate the enormous potential of blockchain and decentralized technology to solve problems facing the world today. Cannabis institutions have long faced stigma and have lacked access to financial infrastructure most businesses take for granted.” Michael Wagner, CFA – Co-Founder and CEO, Multichain Ventures, Inc.

The Bill saw considerable support from both legislators and local law enforcement during the legislative process in 2019, during which it passed without opposition at both the committee level and on the floor of both houses. Crime related to cash held at dispensaries and cultivation facilities has been problematic for operators. With large volumes of cash transacted daily, and no banking facility to deposit, they are a considerable target for criminals.

“We are very excited to launch this innovative pilot program to provide the legal cannabis industry a safe and efficient way to engage in financial transactions. It is our hope that this pilot program will not only increase public safety in Nevada, but will also provide government entities with a streamlined process to collect tax revenue.” Zach Conine, Nevada State Treasurer.

CUSTOM TAILORED TECHNOLOGY SOLUTION

Multichain Ventures developed a custom solution to satisfy the requirements of the Bill. Leveraging its established digital currency financial infrastructure (patent pending), and integrating the Solana Blockchain Protocol for smart contract deployment, they further developed a software suite dedicated to operators within the Nevada market. Functionality exists to view token balances, review invoices, conduct business-to-business transactions, and mint and redeem stable tokens. All processes are encapsulated in a robust compliance process that factors marijuana retail business (MRB) reporting requirements. Supply chain transparency and seed-to-sale tracking on blockchain will be implemented in the future. The platform is currently capable of integrating with METRC, a standardized government and regulatory reporting platform utilized in Nevada, and numerous other states.

The solution initially targets licensed cannabis operators, including dispensaries, cultivators, and production facilities. However, Multichain Ventures sees a great opportunity to expand into surrounding businesses, such as utility companies, landlords, payroll companies, ancillary service providers, and with the Nevada Department of Taxation for tax remittance. This ecosystem could further provide value to existing popular canna-tech companies, such as Distru and Akerna, as an enhancement to their platforms.

Operators should encounter little disruption to existing business procedures, as the onboarding process was designed from the ground up with the end user in mind. During the initial rollout, operators will continue accepting cash from the consumer as they do today. However, post-consumer transaction, the operator is presented with the ability to deposit reconciled cash with a federal bank facility provided as a resource within the Pilot. Cash becomes tokenized upon deposit, and can then be transacted electronically throughout the ecosystem. Upon completion of the lifecycle of the digital token, it will be redeemed for cash at a one-to-one value with dollars collateralizing the token.

Early feedback from the industry has been positive, with several operators interested in participating in the beta program. TapRoot Brands, a vertically integrated Nevada-based operator, sees the potential for such a system to resolve safety and security issues they face in cash handling and management.

“The strong growth that the cannabis industry has seen nationwide over the last year further reinforces the need for a solution to minimize or eliminate cash transactions and develop banking solutions ahead of federal legalization. Not only does the current cash-only system lead to public safety vulnerabilities for employees, dispensary customers and regulators, but it ties up valuable resources due to the time commitments of cash handling and documentation. TapRoot is excited to participate in the development of this pilot program, and assisting both the Multichain Ventures team and the Nevada State Department of Taxation implement a much needed solution for the industry.” Shane Terry – TapRoot Brands, CEO

FORWARD LOOKING

While the immediate benefits of safe asset custody and electronic transactions are obvious, the long-term potential remains robust. Transactions globally are naturally trending towards electronic services, and digital currency itself is seeing increasing rates of adoption. The solution presented provides an optimal customer experience, convenience, safety, and security for both consumers and businesses alike. With near-instant settlement on transactions, and none of the fees typically associated with payments, the framework for global adoption of blockchain now exists.

Multichain Ventures continues expanding its service offerings within the financial technology suite. Portfolio management, exchange integrations, investment management, DeFi (decentralized finance) and yield generating opportunities are presently under development, in partnership with companies such as Brave New Coin. Multichain Ventures has positioned itself as the single source of financial infrastructure for businesses and consumers alike to access the rapidly expanding blockchain ecosystem.

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OriginTrail Decentralized Knowledge Graph for trusted cross-organization real-time data integration in EU-funded DMaaST 4333

Trace Labs, the core developers of OriginTrail, has joined the European Union’s initiative to foster a resilient and adaptive manufacturing ecosystem through the DMaaST project. Collaborating with partners from Slovenia, Spain, Germany, Portugal, Turkey, Serbia, Belgium, Lithuania, France, Denmark, and Switzerland, the initiative will leverage the OriginTrail Decentralized Knowledge Graph (DKG) and Knowledge Assets (KA) to encapsulate all pertinent information regarding products, processes, facilities, and human expertise. This comprehensive approach will facilitate the precise mapping of data flows and knowledge interconnections, laying the groundwork for comprehensive information mapping within the manufacturing ecosystem using OriginTrail DKG. Consequently, this will ensure trustworthy cross-organizational real-time data integration.

Once more, attention has been drawn to challenges within the aeronautic and manufacturing industries following a January incident in which a Boeing 737 MAX 9 door plug blew out in the middle of an Alaska Airlines flight. If the company had established reliable cross-organizational communication, it could have prevented this incident. Such communication would enhance the value chain’s responsiveness to external and unforeseen events, as well as improve operability and production planning capacity.

Effective, transparent, and reliable data exchange are the most important points for fostering sustainability, resilience, and energy efficiency in the manufacturing industry. However, over the past years, various challenges have come to the forefront within this sector.

  • Supply Chain Disruptions: The COVID-19 pandemic highlighted existing vulnerabilities in global supply chains, leading to disruptions in the flow of materials and components. Issues such as raw material shortages, transportation bottlenecks, and labor shortages have persisted, impacting manufacturing operations worldwide.
  • Cybersecurity Risks: With the increasing digitization of manufacturing processes through technologies like the Internet of Things (IoT) and Industry 4.0, cybersecurity threats have become a significant concern. Manufacturing facilities are increasingly vulnerable to cyberattacks that can disrupt operations, steal sensitive data, or compromise product quality and safety.
  • Data Silos: Manufacturing organizations often operate with fragmented data systems, leading to isolated data silos across departments or functions. This fragmentation inhibits seamless data interoperability and hampers comprehensive insights that could drive operational efficiency and innovation.
  • Lack of Standards: The absence of standardized data formats and protocols complicates data exchange and integration efforts within and across manufacturing enterprises. Without universally accepted standards, interoperability becomes a significant challenge, impeding the flow of data between different systems and stakeholders.
  • Data Privacy Concerns: With the proliferation of data collection and sharing practices in manufacturing, ensuring data privacy and protection is paramount. Manufacturers must navigate complex regulatory landscapes, safeguarding sensitive information from unauthorized access or misuse while balancing the need for data-driven decision-making.
  • Ownership and Control: Determining ownership rights and control over manufacturing data can be contentious, especially in collaborative environments or supply chain networks. Disputes may arise regarding data ownership, usage rights, and intellectual property, complicating data sharing agreements and hindering collaborative initiatives.
  • Legacy Systems Integration: Many manufacturing facilities still rely on legacy systems that were not designed with interoperability in mind. Integrating these outdated systems with modern data platforms and technologies poses significant challenges, requiring extensive customization, retrofitting, and investments in interoperability solutions.

DMaaST aims to enhance manufacturing ecosystem resilience and adaptability by employing a Smart Manufacturing Platform comprising four layers. The data layer establishes a foundation for real-time data integration across organizations using ontologies and OriginTrail Decentralized Knowledge Graph. Following this, a two-level cognitive digital twin is deployed to model both manufacturing services production lines and value chain stages. It incorporates human expertise, data-driven algorithms, and physical modeling. An algorithm for multi-objective distributed decision support systems leverages this data to facilitate optimal production decisions. Outcomes will be communicated via user-friendly interfaces and timely scoreboards, assessing circularity, sustainability, and product traceability. Over the four-year period, DMaaST ensures scalability and innovation by providing insights for replicating and improving manufacturing processes, advancing technologies in aerospace and electronics sectors.

Trace Labs will lead the data working group to develop and validate technologies aimed at facilitating data understanding, interoperability, and secure cross-organization integration. With integration of OriginTrail DKG for the electronic and aeronautical sector, creating a new powerful knowledge base with artificial intelligence capabilities. The DKG will establish a decentralized database accessible to all participants in a manufacturing value chain, including manufacturers, suppliers, distributors, retailers, regulatory bodies, research institutes, and others. This will enhance the manufacturing ecosystem’s ability to autonomously withstand and adapt to external events.

OriginTrail DKG has been widely utilized to foster trust and transparency in enterprise knowledge exchange across various industries. Now, it is evolving to facilitate global knowledge connectivity, powering the Decentralized Retrieval Augmented Generation (dRAG) framework for more precise and inclusive AI. Given the challenges of verifying AI-generated results, OriginTrail DKG, with Knowledge Assets as its primary resource, represents a pivotal innovation in this context. It offers a robust framework for ensuring the ownership, discoverability, and verifiability of information utilized by AI systems for the manufacturing industry.

Besa Gaming: Revolutionizing the Gaming Industry with Blockchain 4640

In a world where pixels collide with possibility, the blockchain gaming industry stands as a testament to the transformative power of technology. According to Grand View Research, The global blockchain in gaming market size was valued at USD 4.83 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 68.3% from 2023 to 2030. With its unique blend of decentralized networks and digital assets, blockchain gaming has transcended traditional boundaries, offering players unparalleled opportunities for ownership, creativity, and reward. Blockchain technology has revolutionized the gaming experience for businesses and players, allowing them to use cryptocurrencies and Non-fungible Tokens (NFTs) to purchase in-game assets. At the forefront of this revolution stands Besa Gaming—a pioneering force committed to reshaping the gaming landscape with its innovative approach to blockchain integration and utilization of cryptocurrency and NFTs. As the industry continues to evolve, Besa Gaming stands poised to lead the charge, offering players an immersive gaming experience unlike any other.

The Besa Gaming Company represents a paradigm shift in the gaming industry, offering an innovative fusion of entertainment and cryptocurrency. Positioned on the blockchain, Besa Gaming provides users with an exhilarating gaming experience where they can not only enjoy captivating gameplay but also earn real money in the process. Through their Play-to-Earn (P2E) options, players have the opportunity to engage with friends and the global gaming community, all while reaping rewards for their efforts. The platform’s unique approach emphasizes rewarding token holders, ensuring that investors are incentivized to hold onto their $BESA tokens for the long term. With a mission to create accessible and enjoyable games for all, Besa Gaming is committed to establishing itself as a leader in the gaming space while providing lucrative benefits for its dedicated supporters.

Delving into Besa Gaming’s diverse portfolio of captivating games, each offering a unique and immersive experience, we find:

  1. Gold Rush Racer: Gold Rush Racer is the ultimate endless arcade racing game, offering thrilling gameplay where players navigate through highway traffic, earn coins, and upgrade their cars to dominate global leaderboards. With stunning 3D graphics and smooth car handling, it promises non-stop excitement across various environments and game modes. Gold Rush Racer is available in android and apple app stores.
  2. Crypto Bros: Crypto Bros is the blockchain adaptation of a familiar gameplay format. Featuring 15 levels and a choice of 2 characters, it also supports in-game advertising. Currently, the company is diligently working on a new update to deploy it to app stores.
  3. Bullet Storm Reloaded: Bullet Storm Reloaded is a thrilling bottle shooting game that puts your gun skills to the test. With stunning 3D graphics and a diverse selection of 24 new guns, including pistols, revolvers, and assault rifles, this game offers an immersive experience for target shooting enthusiasts. Bullet Storm Reloaded is available on Android and currently waiting for approval for IOS.
  4. Besa Crypto Slot Machine: Besa Crypto Slot Machine integrates crypto into the thrilling universe of slot gaming. It also allows the company to incorporate various blockchain & cryptocurrency logos into the game and reward top players every week. As Besa Gaming expands their partnerships, more options and rewards will be available to players and holders.

Besa Gaming’s team of developers will continuously update and improve our existing games while adding even more games and utilities to our ever-expanding ecosystem. In the pipeline, we have our Drift Fury 3D game, our Besa Online Casino, and more! Besa Gaming is the first project to offer in-game space for advertising. It utilizes the game environment to incorporate ads and information that can be constantly updated to keep it fresh and exciting.

Besa Gaming is strategically positioned to revolutionize the gaming industry with its innovative business plan.

  • NFTs: Introducing four levels of NFTs, including OG, Gold, Silver, and Normal, Besa Gaming offers exclusive benefits to NFT owners, including participation in a private group and the board of directors.
  • Advertising: Leveraging in-game advertising, Besa Gaming generates revenue to benefit all token holders by purchasing and distributing tokens, fostering community support and growth.
  • Staking: With plans for staking implementation, Besa Gaming aims to utilize a portion of the selling tax to fund staking rewards, empowering token holders and ensuring project sustainability under the guidance of the board of directors.
  • Multi-Token Expansion: Besa Gaming plans to expand its presence across different markets, enhancing the BESA brand and utilities to reach a broader audience of crypto holders while maintaining transparency and community engagement. Besa Gaming is currently available on Binance and Solana networks.

Tokenomics Overview:

Besa Gaming implements a comprehensive tokenomics to ensure the sustainability and growth of its ecosystem. With zero tax on the Solana version and a 4% buy tax on the Binance Smart Chain (BSC) version, rewards are distributed to holders, NFT owners, and liquidity providers automatically. Additionally, the liquidity is locked for one year on Solana and ten years on BSC, safeguarding the stability of the platform.

The breakdown:

Solana Version:

  • Zero tax structure.
  • Rewards distributed to Solana holders multiple times a week.
  • Exclusive airdrops and income from partnerships for Solana holders.

BSC Version:

  • 4% buy tax distributed to holders, NFT owners, and liquidity pool.
  • 6% sell tax with 3% going to all holders and 3% for team development and advertising.
  • Liquidity locked for 10 years on Pinksale.

OG NFTs:

  • Limited edition NFTs available with exclusive benefits.
  • Rewards through buy tax implemented on BSC version.
  • Owners gain access to a private group for voting on Besa-related decisions and share in 10% of the profit sent directly to them profits generated by the platform’s utilities.

In addition to that, Solana, BCS, and NFT holders also receive rewards from the company’s buyback program, which is funded by the income generated through Besa Gaming’s in-game advertising, as well as Google and Facebook ads within the games.

Empowering Change Beyond Gaming

Besa Gaming goes beyond entertainment, embracing a mission to make a positive impact on the world. Founded on principles of compassion and community, we’ve launched the Finhope foundation to uplift communities, support vital causes, and amplify efforts to find missing people. Driven by passion and collaboration, we’re more than just a gaming community—we’re a movement. Leveraging the power of technology, the company amplifies the voices of the missing, allowing them to share their stories. Their images are integrated into the games and shared across company social media platforms. Additionally, Besa Gaming provides donations to aid in the search for the missing. Visit https://www.findhopefoundation.org to learn more.

Besa Gaming Team

Besa Gaming boasts a fully transparent and doxxed team, ensuring trust and accountability at every level. Led by Founder & CEO Gabriel Navarro, the team comprises industry experts dedicated to driving innovation and excellence. With Gerardo Ramirez as the Tech Lead, Darius Oravec overseeing hardware development, and Mukesh serving as the Sr. Software Developer, Besa Gaming combines technical prowess with creative vision. Chris Burns leads the marketing efforts, while Ronnin handles social media engagement, ensuring a cohesive and dynamic approach to building and promoting the Besa Gaming brand. Together, this talented team is committed to delivering cutting-edge gaming experiences and driving Besa Gaming’s success in the industry.

Through their diverse portfolio of immersive games and promising roadmap, community friendly tokenomics, Besa Gaming not only captivates audiences but also empowers them to participate in a gaming ecosystem unlike any other. Moreover, Besa Gaming’s dedication to social impact, demonstrated through the Find Hope Foundation, underscores their broader mission to effect positive change beyond the realm of entertainment. As the company continues to expand its reach and influence, supported by a transparent and skilled team, Besa Gaming invites enthusiasts to join their movement, gaming with purpose and transforming lives one play at a time.

Besa Gaming Socials:

Website: https://www.besagaming.com
Telegram: https://t.me/GamingUmbrella
Facebook: https://bit.ly/besa-facebook
Twitter: https://bit.ly/besa-twitter
Instagram: https://bit.ly/besa-instagram
Discord: https://bit.ly/besa-discord
Tiktok: https://bit.ly/besa-tiktok

Metis’ Sequencer Mining Goes Live 6630

Last month’s launch of Phase 1 of the Metis Decentralized Sequencer upgrade established Metis as the first-ever rollup platform with a decentralized sequencer. Metis has now launched Phase 2, which introduces several enhancements aimed at improving network incentives and participation.

Among other positive changes, Phase 2 of the Decentralized Sequencer upgrade introduced the most awaited feature up to date for the Layer 2 network: Sequencer Mining.

Sequencer Mining will allow users to lock their tokens via LST providers, contributing to the network’s security. Essentially, these LST providers will interact with the Sequencer, and users will interact with the Liquid Staking providers, receiving a Liquid Staking Token that they can reuse in other DeFi dApps or just hold. Through Metis’ Community Ecosystem Governance (CEG), the community chose Artemis Finance and Enki Protocol as the two LST protocols for the Alpha Phase.

In the first year, sequencer nodes will benefit from a 20% Mining Rewards Rate (MRR), the same rate at which smart contracts compensate participants for producing blocks. Additionally, Metis Liquid Staking Blitz (LSB), supported by the Metis EDF, will provide grants to verified projects to accelerate growth. More than 220,000 METIS are committed in grants for 2024 alone to support MetisLSB and catalyze growth of LST products on Metis. Prior to the official launch of Sequencer Mining, there has been notable activity with LST-related products, including deployments by Shoebill Finance, Stablis Protocol, and participation pools on Hercules Finance.

Metis has secured important partnerships with recognized crypto institutions that will help the network achieve proper decentralization and high participation rates on the Decentralized Sequencer.

Users can deposit and start mining immediately through Artemis. ENKI will be fully launching on Mainnet soon, but users can already participate in their “Pre-Staking” program.

About Artemis

Artemis Finance is a liquid staking protocol designed exclusively for Metis’ Decentralized Sequencer. Users can stake METIS tokens on Artemis Finance and receive the liquid staking token artMETIS.

About Enki

Enki Protocol is a Metis-native liquid staking protocol leveraging dual-token architecture from protocols like Frax and Lido to implement the most battle-tested LST design to the Metis Decentralized Sequencer. Users can stake METIS via Enki and receive seMETIS, while the protocol utilizes ENKI for its governance.

About Metis

Metis is an EVM-Equivalent Ethereum Layer-2 protocol focused on bridging the gap between Web2 and Web3. Metis provides users with a decentralized and scalable easy-to-use network secured by Ethereum. Metis became the first Ethereum rollup to decentralize its sequencer with the launch of Decentralized Sequencer, which enhances network security and provides more potentially revenue-earning opportunities for users.

zkLink Nova Unifies Liquidity On-Chain with Token Merge Event 7924

zkLink Nova (“Nova”), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks. The announcement follows shortly after Nova’s mainnet launch and is the next milestone in zkLink’s mission to resolve the issue of liquidity fragmentation across L2 networks.

Currently, Nova has achieved asset aggregation, allowing users to deposit native assets from various L2 networks onto Nova for cross-chain asset trading. However, having the same assets from these networks shown as different tokens on Nova (i.e. USDC.arbi, USDC.Linea, etc.) can hinder users’ trading experience. As such, Nova has deployed “MergeToken” smart contracts to consolidate assets of the same value from different chains on Nova into a single token (e.g. USDC.arbi, USDC.Linea merge into USDC). The first tokens to merge are stablecoins USDC, USDT, DAI; followed by wBTC and other tokens upon projects’ requests.

The token merge process will be managed by a prestigious governance committee of 12 prominent projects and institutions including Wintermute, Particle Network, Skynet Trading, Flowtraders, Ascensive Assets, Republic Crypto, Efficient Frontier, SIG, USDV, Layer Bank, Redstone Oracles and Manta Network. This committee will review and approve or deny the proposals to merge additional tokens into Nova’s L3 infrastructure—decentralizing decision making and preventing autonomous control.

“We’re setting the precedent for a practice that we hope more projects will adopt to make the web3 trading environment friendlier. Support from the governance committee underscores token merge’s legitimate potential to unlock new DeFi use cases.” said Vince Yang, CEO and co-founder of zkLink. “Our liquidity pool from MergeToken provides the industry’s most flexible, secure resource that cuts the frustration of fragmented stablecoin transfers, especially useful as more RWAs & LRTs go on-chain.”

MergeToken allows zkLink developers to deploy dApps that take full advantage of consolidated liquidity for tokens of the same value, expanding the kinds of use cases projects can offer and fosters more growth to encourage cross-chain user interaction. Nova will serve as the network on which assets of the same value can be combined into a single token—boosting liquidity of the Nova network as well as overall L2 ecosystem.

When users deposit into MergeToken smart contracts, users will gain the equivalent value of unified tokens. On the other hand, unified tokens deposited into the same contract will be burned and the user will receive the original source tokens of the same value.

MergeToken contracts are upgradable to meet new token unification requirements given Nova’s expansion in connecting different networks. Through voting on a multi-sig safe wallet, the governance committee approves the upgrade to add or remove tokens on the MergeToken contract. To prevent the risk from malicious upgrading, the contract will follow a multi-party signature requiring 2/3 vote for passage moving forward.

About zkLink

Dedicated to unifying liquidity and scaling the Ethereum ecosystem, zkLink is pioneering Aggregated Rollup solutions to bridge the ecosystem siloes within the blockchain space. By facilitating a more interconnected, efficient, and accessible digital asset environment, zkLink is driving forward the vision of a unified and decentralized blockchain ecosystem without boundaries.

About zkLink Nova

zkLink Nova is the pioneering Aggregated Layer 3 Rollup zkEVM network that brings unprecedented liquidity and asset aggregation to Ethereum and its Layer 2 Rollups. Built with ZK Stack and zkLink Nexus, it leverages ZK Proofs to enhance scalability and security. Developers enjoy an open platform for deploying Solidity smart contracts and instantly tapping into integrated networks like Arbitrum and zkSync. Nova simplifies DeFi by presenting a unified ecosystem for users and DApps, promoting a seamless blockchain experience.

ICB Network Enters New Era of Blockchain Technology With Advanced Layer 1 Project 8575

During this crucial period for the crypto industry, ICB Crypto Services is ready to announce the early launch of the Ideal Cooperation Blockchain (ICB) Network. Designed by the sophisticated ICB Labs, the ICB Network introduces a promising Layer 1 blockchain project that was created to update the standards of scalability, security, and efficiency in the blockchain space. The ICB Network effects a sufficient advancement in blockchain innovation, with an official ICO-level launch scheduled for Q1 2024.

Transformative Innovations

The adoption of the Proof of Stake (PoS) consensus mechanism is at the core of the ICB Network’s innovation. It is a strategic move away from traditional Proof of Work (PoW) systems. This transition enhances transaction throughput and network scalability, and significantly reduces the environmental footprint of blockchain operations. Furthermore, the ICB Network is aimed at ensuring advanced security and efficiency, collaborating with leading auditing companies like CertiK, and implementing comprehensive Know Your Customer (KYC) processes.

Bright Future Ahead

“The ICB Network is set to revolutionize blockchain innovation with its PoS consensus, scalability, and commitment to security. Our platform provides developers and users with a robust infrastructure for building and using decentralized applications across various industries,” stated CEO of ICB Crypto Services.

This vision encapsulates the essence of the ICB Network’s mission to motivate developers and users, creating a more inclusive and efficient blockchain ecosystem.

Expansive Roadmap and Collaborative Endeavors

Looking forward, the ICB Network has outlined an extended roadmap that includes the introduction of trading activities, play-to-earn games, metaverse functionalities, a native wallet, and an NFT Marketplace. These components, in combination with strategic partnerships with developer communities, underscore the network’s commitment to boosting innovation and collaboration. Moreover, the plans are underway for the listing of the ICB Network’s native coin, ICBX, on centralized and Tier 1 exchanges, further solidifying its presence in the blockchain industry.

About ICB

Established in October 2020, ICB Labs represents the innovative arm of ICB Crypto Services, dedicated to addressing the challenges faced in the blockchain and cryptocurrency sectors. Through the use of cutting-edge technologies and adherence to the Ethereum Virtual Machine (EVM) standard, ICB Labs has developed the ICB Network to facilitate efficient, secure, and scalable blockchain solutions. The launch of the ICB Network signifies a major milestone for ICB Crypto Services, marking its entry into the blockchain industry with a vision to drive positive changes and promote a new era of digital excellence.

For more information about the ICB Network and its innovative solutions, visit the official website at https://www.icb.network/ or follow the latest updates through the network’s official channels:

X/Twitter: https://twitter.com/icbx_network
Telegram: https://t.me/icbnetwork_official
YouTube: https://youtube.com/@icbcryptoservices?feature=shared
Discord: https://discord.com/invite/rGRUgrbC4D
Medium: https://readicbnetwork.medium.com/

SafeMars Expands To Solana 9017

In a bold move towards further decentralization and expansion, SafeMars, the pioneering decentralized finance (DeFi) project, has extended its reach beyond Binance Smart Chain (BSC) to Solana, igniting fresh excitement within the crypto community. With a record-breaking ATH of $1 billion achieved on BSC in 2021, SafeMars has stealthily launched on Solana on March 30, 2024, under the guidance of its original developers who are now determined to replicate their prior success on this new chain.

SafeMars emerged on the DeFi scene in 2021, swiftly capturing the attention of investors and enthusiasts alike with its innovative approach towards community-driven initiatives and tokenomics. Its meteoric rise to a staggering $1 billion market cap on BSC showcased not only its potential but also the trust it garnered from its ever-growing community.

The recent stealth launch on Solana signifies a strategic move by SafeMars to explore new horizons and tap into the vast opportunities offered by alternative blockchain networks. With the same visionary developers at the helm, SafeMars aims to replicate and surpass its previous achievements, setting its sights on establishing a strong presence on the Solana chain.

One of the key driving forces behind SafeMars’s success lies in its robust social media presence and engagement. Boasting a massive Twitter following of 135,000 loyal supporters, SafeMars has fostered a vibrant online community that actively participates in discussions, stays updated on project developments, and spreads awareness about the project’s mission and goals. This dedicated community has played a pivotal role in driving adoption and fueling SafeMars’s growth trajectory.

SafeMars’s expansion to Solana represents not only a significant milestone for the project but also a testament to its resilience and adaptability in the ever-evolving landscape of decentralized finance. By leveraging the high-performance capabilities of the Solana blockchain, SafeMars aims to enhance scalability, reduce transaction costs, and provide users with a seamless and efficient DeFi experience.

As the crypto market continues to evolve and mature, projects like SafeMars are at the forefront, pushing the boundaries of innovation and driving widespread adoption of decentralized technologies. With its successful track record, passionate community, and ambitious vision, SafeMars is poised to carve out a prominent niche in the burgeoning Solana ecosystem, ushering in a new era of decentralized finance.

In conclusion, SafeMars’s expansion to Solana marks an exciting new chapter in its journey towards redefining the future of decentralized finance. With its proven track record, experienced team, and unwavering community support, SafeMars is well-positioned to make a significant impact on the Solana blockchain and continue its mission of democratizing access to financial services for users worldwide.

Twitter: https://twitter.com/Safemartians
Telegram: https://t.me/safemarssolentry
Website: https://safemarscrypto.com/