Crypto gaming project Calvaria raises $2.5M in presale, announces IEO on BKEX 4651

The presale for the exciting play-to-earn project Calvaria: Duels of Eternity has now passed $2.5 million, with the RIA token now set for its initial exchange offering (IEO) on BKEX.

The news means there are now fewer than 30 million RIA tokens available, with the presale more than 80% sold out.

Duels of Eternity is bidding to bring traditional and casual gamers to the blockchain by offering a full free-to-play (F2P) version of the game that is available on mobile app stores and PC.

BKEX to hold RIA IEO

With the Calvaria presale now close to finishing, it has been confirmed that leading centralized exchange BKEX will hold its IEO.

The date for the IEO has not yet been confirmed, but BKEX, which has almost $500 million of daily trading volume and more than 1.5 million weekly visitors, will exclusively trade RIA for 24 hours before it is then listed on other exchanges.

A listing on Changelly Pro has also been confirmed, as has GotBit, while in a recent AMA, the Calvaria developers revealed that they are in talks with other exchanges.

What is Calvaria?

Calvaria is a new play-to-earn project aiming to attract casual and traditional gamers onto the blockchain.

Previous GameFi projects have attracted huge investment, with crypto investors seeing the huge potential for the future, but the player base did not follow even at its peak and has fallen rapidly during the 2022 bear market.

Calvaria is now trying to address that by developing a simple and replayable game that will appeal to traditional and casual gamers and is easy to pick up.

Flagship game Duels of Eternity is a battle-card strategy game that sees players stack their decks with nonfungible token (NFT) cards and assets and beat opponents in best-of-three matches to earn RIA tokens.

The game, which is set in the afterlife, sees players align with one of three factions and use their knowledge, skill and timely use of assets to win one-on-one matches.

Duels of Eternity has a number of quirks that separates it from rivals and will make it attractive to non-blockchain gamers.

The game is rendered in full 3D and available on mobile stores on Android, iOS and PC. Duels of Eternity also has a story mode that not only builds on the lore of the Calvaria universe but allows players to earn assets that can be used in other game modes.

Cards and assets are NFTs that are fully owned and tradeable by the player, who can also spend RIA or combine cards to upgrade them.

To ensure the long-term success of Duels of Eternity, the Calvaria developers will take a seasonal approach to the game, consistently releasing new assets and game modes to keep players coming back.

They will also develop an in-house esports team and invite large esports brands to compete in tournaments for big prizes.

Calvaria will also benefit from being built on super-fast and efficient layer-2 solution Polygon.

Duels of Eternity F2P version

As well as the main P2E version of the game, Calvaria will develop a near-identical, free-to-play version of Duels of Eternity.

All features and gameplay will be the same, but there will be no rewards and players will not own their assets. However, the game will exist as a way to entice non-blockchain gamers onto the P2E version by showing the full capability of the game.

The F2P version will have a visible tracker that will show players how much they could have earned, while there will also be gamified quests to teach new players about blockchain technology.

Calvaria team and tokenomics

Calvaria has been developed by a doxed team that has been Know Your Customer-verified by CoinSniper, while the RIA token smart contract has been audited by SolidProof.

There is a max supply of 1 billion RIA tokens, with 15% of those allocated to the presale, with the majority of the supply split between the staking (25%) and prize pools (20%).

Another 15% is for reserve and burn pools, and the rest is split between operations (8%), team and advisers (7%), the INO (6%) and exchange liquidity (4%).

Recently, a crypto wallet purchased more than 3 million RIA tokens in one transaction, spending nearly $100,000.

How to buy RIA tokens

Below is a brief guide on how to buy RIA tokens during the final stage of the Calvaria presale, before the IEO on BKEX.

  1. Download a crypto wallet, such as Trust Wallet or MetaMask.
  2. Acquire Ether or Tether — either on an exchange and then transfer back to your crypto wallet or buy directly on the Calvaria website with a credit or debit card via Changelly.
  3. Connect your wallet to the Calvaria website and select a relevant option.
  4. Exchange ETH or USDT for RIA tokens.
  5. Claim RIA tokens once the presale has ended.

Website: https://calvaria.io/

Previous ArticleNext Article

Liminal Custody Secures Key ADGM FSP License, Reinforcing Leadership in Digital Asset Custody 2179

Liminal Custody, a leading provider of digital asset custody and wallet infrastructure solutions, announced a landmark achievement today, the acquisition of Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This prestigious license is a significant milestone in Liminal’s journey, solidifying its commitment to regulatory compliance and innovation within the burgeoning digital asset space.

Obtaining the FSP positions Liminal as a trusted partner for institutions seeking secure and compliant solutions for safeguarding their valuable digital assets. Notably, the license grants Liminal the ability to operate as a regulated custodian within the Middle East, a rapidly growing financial hub. This expansion broadens Liminal’s reach and allows it to serve a wider range of clientele seeking best-in-class digital asset custody solutions.

Building Trust Through Regulatory Compliance

Mahin Gupta, Founder of Liminal Custody, expressed his satisfaction with the achievement, stating, “We are honored to receive the ADGM FSP license. This accomplishment represents the culmination of significant effort on behalf of our entire team, all dedicated to upholding the highest regulatory standards. Building trust within the digital asset industry, which is undergoing rapid evolution, is a core tenet of our mission. The ADGM FSP license serves as a powerful validation of our commitment to compliance. We are confident that this achievement will further empower us to deliver best-in-class custody solutions to our clients, ensuring the continued security and integrity of their digital asset holdings.”

The Symbiosis of Compliance and Innovation

The digital asset industry is experiencing exponential growth, with a corresponding demand for regulatory clarity to foster long-term stability and mainstream adoption. Liminal believes that a robust regulatory framework, when coupled with continuous innovation, is the cornerstone for building a secure and thriving digital asset ecosystem. By adhering to stringent regulations, Liminal ensures the safety and security of client assets, while its unwavering commitment to innovation allows it to develop cutting-edge solutions that address the evolving needs of the digital asset landscape. This two-pronged approach – prioritizing both regulatory compliance and technological advancement – positions Liminal as a leader in the digital asset custody space.

Commenting on Liminal achievement, Arvind Ramamurthy, Chief of Market Development at ADGM said: ” We congratulate Liminal on completing its licensing process and receiving the required Financial Services Permission (FSP) from the FSRA of ADGM. Liminal’s focus on regulatory compliance and innovative solutions in the space of digital assets aligns with ADGM’s vision for fostering a dynamic and trusted financial ecosystem that prioritizes upholding the highest standards of security and innovation. We look forward to witness Liminal’s contribution to the growth of the digital asset industry in Abu Dhabi and beyond.”

Amir Tabch, CEO of Liminal Custody Middle East and Senior Executive Officer of the Category 3C ADGM-regulated entity First Answer Middle East Limited, remarked: “Earning the ADGM FSP license is a clear indicator of Liminal’s ironclad dedication to compliance and innovation. This achievement not only positions us at the forefront of digital asset custody but also signals our pivotal role in its future evolution. By equally valuing regulatory compliance and technological progress, we aim to equip institutions with the confidence to explore the digital asset realm, tapping into its vast, transformative potential. This milestone is a springboard for Liminal’s continued growth and a significant contribution towards the digital asset industry’s maturity.”

About Liminal Custody

Liminal is a compliant and insured digital asset custody and wallet infrastructure provider that provides both MPC wallets and multi-sig wallets. Launched in April 2021, Liminal is a CCSS Level 3, SOC Type 2 and ISO 27001 & 27701 certified organization. Liminal is based in Singapore, has operations spread across APAC MENA and Europe, along with offices in Singapore, India and UAE.

Liminal takes pride in supporting businesses with their qualified and insured digital asset custody platform, which enables stress-free safekeeping of digital assets for institutions. Liminal also provides a cutting edge wallet infrastructure platform that is secure, compliant and automated and comes with a plug-and-play architecture for faster onboarding of developers, business partners and government agencies.

About Abu Dhabi Global Market (ADGM)

The Abu Dhabi Global Market (ADGM), an international financial center (IFC) located in Abu Dhabi, the capital city of the United Arab Emirates, opened for business on 21 October 2015. Established by a UAE Federal Decree as a comprehensive financial center, ADGM enhances Abu Dhabi’s stature as a global trade and business hub. It serves as a strategic connector between the burgeoning economies of the Middle East, Africa, and South Asia, and the rest of the world.

ADGM’s strategy leverages Abu Dhabi’s key strengths in areas such as private banking, wealth management, asset management, derivatives and commodities trading, financial innovation, sustainability, and more. It comprises four independent authorities: the ADGM Authority, ADGM Courts, the Financial Services Regulatory Authority, and the Registration Authority. As an IFC, ADGM governs the entire 114 hectares (1.14 square kilometers) of Al Maryah Island, a designated financial free zone.

$GTAI Listing on a New CEX: 2 Days Left 2649

Exciting news is coming for the cryptocurrency market as $GTAI, a token of GT Protocol, is preparing to get listed on a new CEX in just 2 days. After its successful debut on top platforms like Bybit, Kucoin, Gate.io, MEXC, HTX, and Bitget, $GTAI has emerged as one of the most promising token launches of 2024.

In celebration of this imminent listing on a new CEX, GT Protocol has announced a $10,000 giveaway as a sign of appreciation for the community’s support and enthusiasm for the project. The event details and instructions on how to participate in the giveaway can be found on GT Protocol’s official X channel.

On May 15th at 12:00 UTC, we will unveil a new CEX, where $ GTAI will be listed. This strategic expansion is not just a move but a leap towards enhancing $ GTAI’s liquidity and accessibility. It’s a step that will further establish $ GTAI’s presence in the global cryptocurrency market.

GT Protocol is a game-changer, pioneering an AI Layer for Web3, aiming to onboard 100 million users with its innovative technology. GT Protocol offers an AI model specifically designed for Web3 investments, trading, and portfolio management. It is also developing an AI tool similar to ChatGPT for the cryptocurrency market that will enable users to manage their crypto portfolios, execute trades on CEX and DEX, or engage with NFT platforms through simple text or voice commands. This tool will easily answer any query and fill up the gap in your crypto knowledge.

$GTAI proudly announces its partnerships with industry giants such as Binance, OKX, and Tron blockchain, leveraging these relationships to enhance the GT Protocol and expand its user base. Furthermore, GT Protocol has over 90,000 users of GTAPP and a vibrant community of 900,000 followers across various social media platforms.

Stay tuned for more updates on this promising project as it continues to make waves in the cryptocurrency and blockchain space.

XREX Singapore Receives MAS Major Payment Institution Licence 2979

XREX Singapore, a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that it has obtained the Major Payment Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation’s central bank and financial regulator. This comes after it received its in-principle approval from the MAS in November last year.

Commenting on XREX’s engagement with the MAS, XREX Singapore Chief Executive Officer (CEO) Christopher Chye said, “Our engagements with the MAS have repeatedly shown us why they are internationally revered as a leading central bank and financial regulator. With this licence in hand, XREX Singapore will endeavour to bring blockchain-enabled digital payment currencies to ubiquity.”

XREX Singapore facilitates frictionless cross-border payments for import and export transactions, particularly for small-medium businesses (SMBs) in emerging markets. This strategic emphasis aligns with XREX’s mission to foster financial inclusion in emerging markets.

“The MPI licence is a testament to our unwavering commitment to the highest regulatory compliance standards. We look forward to working with one of the world’s leading regulators to make blockchain finance safe and accessible to the general public,” said XREX Co-founder and Group CEO Wayne Huang.

XREX Singapore will launch XREX Pay, a platform providing cross-border B2B payment features for corporates, as well as remittance solutions, such as helping migrant workers send money home. XREX Pay will support Singapore Dollar (SGD) and U.S. Dollar (USD) payment rails and stablecoins such as USDT and USDC, all while demonstrating a robust and practical implementation of the Financial Action Task Force (FATF) travel rule.

XREX Singapore’s licence encompasses a total of six payment services, namely:
i) Account issuance service;
ii) Domestic money transfer service;
iii) Cross-border money transfer service;
iv) Merchant acquisition service;
v) E-money issuance service; and
vi) Digital payment token service.

“XREX is approved for six of the seven payment services under the MPI licencing regime. With XREX Singapore as the group’s Asia Pacific headquarters, XREX looks forward to expanding its partnership with major banks, credit card institutions, and payment institutions to build next-generation financial systems that integrate traditional and blockchain finance,” said XREX Co-founder and Group Chief Revenue Officer Winston Hsiao.

About XREX

XREX Singapore is an MAS-regulated financial institution that leverages blockchain technology to make cross-border payments faster, cheaper, and safer for businesses globally. Its proprietary escrow payment feature, BitCheck, empowers enterprises to switch flexibly between digital currencies, stablecoins, or traditional currencies, thereby ushering their businesses into the new era of digital money. XREX Singapore also specializes in working with emerging markets businesses to help solve their issues with USD liquidity access.

XREX Group, is a blockchain-enabled financial institution working with banks, regulators, and users to redefine banking together. It provides enterprise-grade banking services to small to medium-sized businesses (SMBs) in or dealing with emerging markets, and novice-friendly financial services to individuals worldwide.

Founded in 2018 and operating globally under multiple licences, XREX offers a full suite of services such as digital asset custody, wallet, cross-border payment, fiat-crypto conversion, cryptocurrency exchange, asset management, and fiat currency on-off ramps.

Sharing the social responsibility of financial inclusion, XREX leverages blockchain technologies to further financial participation, access, and education.

The new energy index trading platform PHPGOV has announced a strategic partnership with leading energy companies to promote the development and application of energy globally 3829

As global demand for renewable energy continues to rise, the new energy sector has become a focal point for development by governments and corporations worldwide. Recently, PHPGOV, a leading new energy index trading platform, announced strategic partnerships with several top energy companies to jointly advance the development and application of new energy globally and contribute to building a clean and sustainable energy future.

PHPGOV, recognized as a pioneer in the new energy sector, is committed to establishing a globally leading new energy index trading platform that offers investors a secure and convenient channel for investing in new energy. By forming strategic alliances with top energy companies, PHPGOV aims to leverage its strengths and consolidate resources to explore development opportunities and innovative models within the new energy sector.

This strategic cooperation will encompass various areas including, but not limited to, technology research and development, market expansion, and industrial collaboration. PHPGOV and its partners will jointly conduct research and innovation in new energy technologies, pushing for breakthroughs and applications to enhance energy efficiency and utilization. Moreover, the parties will intensify market cooperation, collectively penetrate new energy markets, and expand sales channels for new energy products, thus promoting the healthy development of the new energy industry.

Additionally, PHPGOV will engage in industrial collaboration with leading energy companies to build a new energy industrial chain, fostering mutual growth within the industry. The partners will enhance collaboration in project investment, financial operations, and risk management to advance the realization of new energy projects and ensure the sustainable development and profitability of the new energy sector.

For PHPGOV, this strategic partnership is of significant importance. It will not only elevate PHPGOV’s influence and competitiveness in the new energy sector but also accelerate its global expansion. Furthermore, collaboration with leading energy companies will provide PHPGOV with additional resources and support, fueling the platform’s growth and expansion.

For the top energy companies, partnering with PHPGOV represents a crucial strategic decision. As a leader in the new energy index trading platform market, PHPGOV offers extensive industry experience and superior service quality, providing professional services and support to explore opportunities and business models in the new energy sector.

In conclusion, the strategic partnership between PHPGOV and leading energy companies will inject new vitality into the global energy sector, promoting the healthy development and sustainable growth of the new energy industry. PHPGOV is poised to make a positive contribution to building a clean, sustainable energy future.

PHPGOV Exchange Co., Ltd was established in October 2020 in the United States with the company number: 20201931985. The registered address is 1670 Broadway, Denver, CO 80202, United States.

Discover the rise of Surf Protocol: Becoming the top perpetual Dex on Bitcoin Layer 2 4143

Surf Protocol has achieved significant milestones, with its total trading volume exceeding $200 million and its Total Value Locked (TVL) surpassing $30 million in May, making it the largest perpetual DEX on Bitcoin Layer 2.

As the largest Perp Dex on BTC L2, Surf Protocol distinguishes itself by being selected for Binance’s prestigious Most Valuable Builder (MVB) Season 7 program. This recognition by Binance Labs highlights Surf Protocol’s innovative approach and its contribution to the blockchain ecosystem, particularly in enhancing Bitcoin native on-chain leverage trading and offering single-currency liquidity provision yield solutions that eliminate impermanent losses.

The competition within the Perp DEX arena is fierce and dynamic. Historically, platforms like dYdX have dominated the scene, capturing a substantial 59.7% of the 30-day trading volume as of October 2023. However, the DeFi ecosystem is inherently fluid, with Hyperliquid clinching the top spot by February 2024, showcasing the market’s evolving preferences and the shifting dynamics that new entrants like Surf Protocol are adeptly navigating.

Despite the competition, Surf Protocol distinguishes itself through a relentless pursuit of innovation tailored to meet the changing needs of its users. As the first to introduce a Bitcoin-denominated vault with zero impermanent loss and to allow BTC as collateral for trades, Surf Protocol has not only addressed key market gaps but has also set new benchmarks for what on-chain traders can expect. This innovative streak has propelled Surf towards a trajectory of rapid growth, with the platform nearing an average of 1000 daily users and aiming for higher total value locked (TVL) and volume.

Moreover, Surf’s acknowledgment of the competitive landscape doesn’t detract from its vision; rather, it fuels its drive to innovate. In a market where Perp DEXes like GMX have captivated users with sustainable fees and earning mechanisms, and where dYdX has pushed the envelope towards complete decentralization and scalability, Surf Protocol has carved its niche. It has done so by not only matching the pace of innovation but by also introducing unique features that resonate with a broad spectrum of users.

In a bid to further energize its community and incentivize trading activities, Surf Protocol has launched a series of campaigns that are setting the platform apart in the competitive DeFi landscape. These initiatives not only reward active traders but also provide lucrative opportunities for liquidity providers (LPs) and early supporters of the platform.

Surf Protocol’s innovative campaigns and focus on user rewards demonstrate its commitment to building a thriving DeFi ecosystem. Highlighting this commitment, Surf airdropped 100,000 USD value of award tokens to the first two weeks’ traders after the mainnet launch, showcasing a tangible effort to reward early adopters. By prioritizing community engagement and fostering a culture of inclusion, Surf Protocol is well-positioned to play a leading role in the future of decentralized trading.

Surf Protocol’s vision has garnered the support of industry leaders. In October 2023, Surf secured $5 million in funding from prominent investors including ABCDE Capital and Amber Group. This vote of confidence underscores the potential of Surf Protocol to bridge the gap between traditional finance and DeFi, catering to a diverse user base.

Surf Protocol invites traders, liquidity providers, and DeFi enthusiasts to join its mission of revolutionizing the trading landscape.

For more information, visit https://surf.one/
X: https://twitter.com/surf_protocol
Telegram: https://t.me/surf_protocol
Discord: https://discord.com/invite/Ma2NjR9uMs
Medium: https://medium.com/@surf.protocol

Sarson Funds Announces Official Launch of csprUSD Stablecoin on Casper Network Mainnet 4529

Sarson Funds, in partnership with the Casper Association, is thrilled to unveil the official launch of the csprUSD stablecoin on the Casper Network mainnet.

Following successful testing on the Casper Network testnet, csprUSD enters the digital currency landscape as a robust fiat-backed stablecoin, echoing recent innovations from industry leaders like Ripple and Cardano. Crafted with precision to pre-comply with anticipated U.S. regulatory standards including dollar-for-dollar collateral deposits held in with a U.S. banking partner, csprUSD mirrors the functionality of established industry titan USDC.

“We’re excited to see the culmination of our collaborative efforts with the launch of csprUSD on the Casper Network mainnet,” remarks Alizee Carli, Head of Ecosystem at the Casper Association. “This milestone underscores the growing momentum of applications and partners committed to leveraging stablecoins for critical infrastructure development.”

During its testnet phase, Sarson Funds witnessed a surge in user engagement and network expansion within the Casper ecosystem, indicative of a growing demand for stablecoins. Designed to foster growth while adhering to current and forthcoming US regulatory frameworks, csprUSD offers a stable, fiat-backed digital currency ideal for transactions on American exchanges.

The impending stablecoin legislation in the US highlights the need for robust regulatory measures to safeguard the cryptocurrency market. Sarson Funds CEO John Sarson emphasizes, “The launch of csprUSD marks a pivotal moment as stablecoin issuers seek to comply with the evolving U.S.regulatory landscape. Our rigorous testing during the testnet phase positions csprUSD as a compliant and trustworthy stablecoin.”

Sarson Funds, a leading asset manager specializing in the blockchain sector, has forged strategic alliances with industry stalwarts WeaveChain for development, BlockPass for compliance solutions, and Custodia Bank for secure banking services, ensuring the integrity and reliability of the csprUSD stablecoin.

For further details about csprUSD and its launch on the Casper Network mainnet, please visit [Stablecoin Index, LP official website] (https://www.stablecoinindex.io/).