Shining Light on WSJ’s Attack on ShapeShift and Crypto 1979

Erik Voorhees is among the top-recognized serial Bitcoin advocates and entrepreneurs. He founded ShapeShift in August 2014 as an elegant, secure, and fast solution to digital asset exchanges. Erik has been a featured guest on Bloomberg, Fox Business, CNBC, BBC Radio, The Peter Schiff Show, and numerous blockchain industry conferences. His past affiliations include: BitInstant, Coinapult, and SatoshiDICE, which was responsible for most of the world’s Bitcoin transactions in 2012 and 2013.

Post Synopsis

  • ShapeShift has been the subject of claims from the Wall Street Journal related to money laundering
  • We have worked with the journalists for 5 months under false pretenses
  • The WSJ omitted relevant information
  • The WSJ forwent a chance to prevent potential illicit activity
  • ShapeShift is designed to protect users and their privacy and we do not transact in fiat
  • We publish every single transaction conducted on the platform, making all of them traceable
  • The authors do not have a sufficient understanding of blockchains and our platform in particular
  • The claims made are factually incorrect and deceptive
  • ShapeShift has an industry-leading compliance and AML program
  • We’re here to build a better financial system

ShapeShift has been the subject of claims from the WSJ related to money laundering

This past Friday (9/28), two reporters at the Wall Street Journal (WSJ) published an article, “How Dirty Money Disappears Into the Black Hole of Cryptocurrency.”

The article begins as follows: “A North Korean agent, a stolen-credit-card peddler and the mastermind of an $80 million Ponzi scheme had a common problem. They needed to launder their dirty money. They found a common solution in ShapeShift.”

The article then describes the WSJ’s attempt to analyze two years of blockchain data, concluding (wrongly) that $9m was laundered through the ShapeShift platform. The article singled-out ShapeShift and implied that the company is a bastion of illicit activity because it hadn’t previously required user information–despite that same data showing that other exchanges (which did take user information) had similar figures.

Overall, the article contains factual inaccuracies, omits significant details about how ShapeShift operates, and reflects a fundamental misunderstanding of how blockchain transactions work.

We have worked with the WSJ for 5 months under false pretenses

The WSJ reporters reached out to us months ago asking for friendly assistance on a piece about the crypto industry in general. Over a period of five months, we were open and accommodating of their questions while in contrast they misrepresented their intentions until very recently. Of the many things I communicated with them over the past months, they included not a single statement from those lengthy discussions, preferring instead to include out-of-context remarks I’d made elsewhere.

The WSJ omitted relevant information

Let’s instead look at the actual facts, which ShapeShift shared with the WSJ through multiple phone calls, in-person meetings, and emails, but the WSJ decided to exclude from their article; facts such as:

  • $9m (even if it was true) is 0.15% of ShapeShift’s exchange volume during the described time period;
  • We have a strong record of complying with law-enforcement requests, providing valuable assistance in over 30 investigations in 13 different countries all over the world;
  • We work with other exchanges on an almost-daily basis to identify and block thieves and criminals, through a self-policing group ShapeShift created to protect the users and industry;
  • We block entire countries on the sanctions lists;
  • We have an internal anti-money laundering program that uses blockchain forensics that are far more advanced (and we would argue, effective) than asking someone for their “name and address”;
  • We blacklist suspicious addresses upon learning of them.

There is no mention of any of this in the WSJ article.

The WSJ forewent a chance to prevent potential illicit activity

The WSJ reporters withheld information for months about suspicious accounts in order to build their story, rather than communicating it to the appropriate exchanges and ShapeShift immediately so that funds could be frozen or blocked. It is likely victims of these thefts lost their chance to recoup some of the funds due to this opportunism.

ShapeShift is designed to protect users and their privacy and we do not transact in fiat

Unlike most other exchanges, ShapeShift is a crypto-to-crypto, non-custodial platform. We don’t take custody of user funds, but instead swap our own assets for theirs, at a set price. We don’t touch fiat currency, so users cannot swap their dollars/euros/yen for our Bitcoin/Ethereum/Dogecoin. Not a single dollar, euro, or yen has ever been laundered through ShapeShift. It can’t be done.

We publish every single transaction conducted on the platform publicly, making all of them traceable

From ShapeShift’s beginning, it has had a unique model — one which respects user privacy, and yet one which is transparent about all transaction details. To date, ShapeShift remains the only financial company in the world that publishes all transactions that go through its platform. It was this very feed of public information which the WSJ relied upon. Perhaps the irony is lost on the WSJ, but the WSJ would have been unable to do this kind of investigation with any other crypto exchange, because they aren’t transparent in this way.

The WSJ did not have a sufficient understanding of blockchains and our platform in particular

Blockchains and cryptocurrency represent a new, fast-evolving technology and industry. For those who are not real experts, it can be confusing. And the WSJ reporters appear to have gotten confused about how our platform functions. Based on our own analysis of the transactions cited in the article, the WSJ erroneously attributed vast sums of allegedly illicit transactions to ShapeShift in a way that exhibits a profound failure to grasp how blockchains, in general, and our system in particular, really work.

The claims made are factually inaccurate and deceptive

For example:

1) The authors allege this address is a suspicious person. 1AE2cBJDn4cuLCR6RPESpqdaDXdZwhgUya

2) On 9/20/17 this person sends 0.0959 BTC ($600) to another address, which is an exchange (someone other than ShapeShift) 18G8Mf61kFFDt9AVLUdvh1xTUYrLDny6T4

3) Nearly a year later, on 7/13/18 this 18G8 address sends a batch transaction out of its wallet. As part of the batch, 11 BTC ($70,000) is sent to ShapeShift’s address:
1NSc6zAdG2NGbjPLQwAjAuqjHSoq5KECT7 This 11 BTC is not a user sending funds to ShapeShift, it is one of our exchange partners sending BTC to us.

In other words, $600 of suspicious funds were sent to an exchange that wasn’t ShapeShift. Because ShapeShift happens to be a customer of this same exchange–10 months later in a completely unrelated transaction–the exchange sent funds to ShapeShift. The authors didn’t understand how to properly read the blockchains transactions, so they assumed there was $70k in “dirty money” sent to ShapeShift.

Allegation: $70,000 laundered by ShapeShift
Reality: $0 laundered by ShapeShift

We’ve found numerous other examples. We asked the WSJ to send us the specific transaction ID’s that they are claiming as received by ShapeShift, but the analysis we’ve been able to do thus far indicates the WSJ has made wildly inaccurate assertions. As of this writing, the WSJ has been unwilling or unable to send the requested transaction data necessary for us to do a more fulsome analysis of their assertions.

ShapeShift has an industry-leading compliance and AML program

Contrary to the portrayal in the WSJ piece, ShapeShift has always sought to comply with those laws that apply to its unique business model. Crypto being a new technology and the Bank Secrecy Act being a relatively old law, there are rational and strong legal arguments that ShapeShift is not subject to the “Know Your Customer” rules found in the BSA. Indeed, in part because of this legal uncertainty, we have sought clarification from regulators and have implemented KYC in the interim. That is, despite the fact that ShapeShift operates in a world of unclear and changing regulations, we have built an industry-leading compliance program:

  • We have been working with inside and outside legal counsel for years in addressing regulation appropriately, particularly in the US and Switzerland
  • We have an industry-leading Anti-Money Laundering compliance firm checking all our transactions
  • We have a Chief Legal Officer with 20 years of regulatory experience at leading law firms
  • We have a Chief Compliance Officer with 6+ years of compliance experience
  • We monitor addresses on our blacklists to prevent known illicit transactions
  • We have announced mandatory KYC for all users of ShapeShift

All of the above was done upon thorough, thoughtful, and extensive legal and business-risk analysis in the interest of mitigating perceived threats.

We’re here to build a better financial system

The WSJ article’s implication that ShapeShift is somehow negligent or complicit on this issue of money laundering is false and absurd; emblematic of a media industry that cares more about clickbait sensationalism than it does about improving the financial state of mankind. But we should not expect the Wall Street Journal to change Wall Street.

An objective observer will find no complacency here; ShapeShift’s record (based on facts) compares favorably against any peer, within the crypto industry or without.

Ultimately, we are trying to pioneer a new financial system, and we don’t expect to be loved by the proponents of the old. That’s understandable. Yet ShapeShift has always been in favor of complying with the laws of the jurisdictions in which it operates, even though many of these laws are unclear, ever-changing, contradictory, and in some cases ineffective.

We will push forward, and we’d suggest the WSJ change their title to be more accurate and objective, “Less than two tenths of one percent of ShapeShift’s business might be illicit.”

-Erik Voorhees
CEO ShapeShift

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Satoshiverse brings their epic comic characters to Quidd 2707

1 2022 08 02 в 11 26 44

Aug 1st, 2022, New York – Quidd is proud to announce the newest collection of Mintable NFTs with the epic NFT comic universe Satoshiverse. The Satoshiverse is a comic NFT collaboration between premiere metaverse studio Apollo Entertainment and legendary DC and Marvel comic artist and creator of the first NFT comic book, Jose Delbo. It tells the story of the half-man, half-machine hero, Satoshi The Creator, and his quest to save the world from the Defenders of Fiat and the many other foes attempting to strip the people of their freedom. Together, Apollo Entertainment and Delbo are creating a universe of blockchain themed superheroes that will change the way comic storytelling is told through gamification and Web 3 technology.

In a first appearance with Quidd, on August 5, 2022, the Satoshiverse will be launching a collection of interactive, 3D augmented reality-enabled digital figurines NFTs featuring the heroes of the Apemo Army – a team of half man, half animal superheroes lead by Captain Apemo, Delbo’s superhero creation based on his Bored Ape Yacht Club ape. Through Quidd’s Mintables technology, collectors can buy into the collection with fiat and then mint their items seamlessly on-chain, with no crypto required.

Ranking award holders from the Satoshiverse x Quidd collection will unlock access and discounts to Satoshiverse’s much anticipated Apemo Army avatar mint, dropping August 22, 2022. To earn these awards, collectors will compete to collect these 3D heroes across all color rarities which will be tracked on a leaderboard. The top 10 ranking collectors on the leaderboard will earn a Gold Captain Apemo digital figurine mintable NFT and free minting for the Apemo Army avatar collection. Spots 11-50 are awarded a Silver Captain Apemo digital figurine mintable NFT and a 50% discounted mint. And spots 51-200 will win a Color Captain Apemo digital figurine mintable NFT and a 20% discounted mint.

The Satoshiverse x Quidd collection drops on August 5th, 2022. The later avatar collection will give collectors exclusive early access to Apollo Entertainment’s much anticipated Satoshi’s Legions play and earn video game.

About Satoshiverse

The Satoshiverse is an epic comic NFT collaboration between premiere metaverse studio Apollo Entertainment and legendary DC and Marvel comic artist and creator of the first NFT comic book, Jose Delbo. It tells the story of the half man, half machine hero, Satoshi The Creator and his quest to save the world from the Defenders of Fiat and the many other foes who are attempting to strip the people of their freedom.

The Satoshiverse combines the work of some of the best 2D and 3D artists in the space to create a blockchain based superhero universe with the goal of changing the way comic art is consumed by creating engaging gamified storytelling experiences. After the successful release of its avatar collection “Satoshi’s Legions – The Legionnaires” in November of 2021, Apollo Entertainment and Delbo are at it again with the release of a new high fidelity animated 3D avatar collection called “the Apemo Army” which introduces to the Satoshiverse Delbo’s beloved character Captain Apemo and the part human part animal heroes that form his army. Set to be released on August 22, 2022, the collection will give collectors exclusive early access to Apollo Entertainment’s much anticipated Satoshi’s Legions play and earn video game, which the Apollo Entertainment team is developing in Unreal Engine 5 and is set to be released in Alpha in December 2022. To learn more about Apollo Entertainment’s new collection visit:

About Apollo Entertainment

Apollo Entertainment is a premier NFT and metaverse consulting, curation, and production firm. Through its consulting arm, Apollo Entertainment provides consulting, management, and promotional services to top artists and brands wishing to enter the NFT space or improve their NFT offerings. A veteran of the NFT industry, Apollo NFT has consulted on some of the most significant NFT releases to date. Through its production arm, Apollo Entertainment works with artists and brands to produce top-quality art NFTs taking advantage of the latest technologies. This allows Apollo Entertainment to be a true 360 NFT and metaverse solution for artists and brands alike.

About Quidd

Quidd, a subsidiary of Animoca Brands, is the original digital collectibles and NFT marketplace. Since 2016, Quidd has worked with the world’s most prominent brands, including Disney, HBO, Funko, and over 300 others, to bring fan-first collecting to digital and blockchain platforms. The Quidd marketplace is the most innovative, robust, and accessible platform for digital and NFT collecting experiences.

Website | Twitter (QUIDD Token) | Twitter (Quidd Platform) | Discord | Telegram | Medium

About Animoca Brands

Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Grease Monkey Games, Eden Games, Darewise, Notre Game, and TinyTap. Animoca Brands has a growing portfolio of more than 340 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information visit or follow on Twitter or Facebook​.

Quidd: [email protected]
Apollo: [email protected]


Validation Capital Launches Validation Cloud, a Staking and Node-as-a-Service Provider – Aims to Disrupt Multi-Billion Dollar Blockchain Industry 2915

Blockchain infrastructure firm Validation Capital announced the launch of its infrastructure-as-a-service business, Validation Cloud. Headquartered in Zug, Switzerland, Validation Cloud is a Web3 platform that delivers elite, high-performance node and staking infrastructure. “We’re thrilled to announce the launch of Validation Cloud, the premier institutional infrastructure provider for node and staking services. We look forward to serving networks, asset managers, custodians, and applications with our enterprise-grade solutions,” said Validation Cloud CEO Michael Horowitz.

Validation Cloud provides unrivaled connectivity into Web3 via the world’s fastest, globally resilient node infrastructure. Its performance edge allows Validation Cloud to achieve superior staking yields for institutions delegating tokens to it. The company currently supports Polygon, Chainlink, Binance, Solana, Casper Labs, and Ethereum 2.0, among other networks. In addition to its staking offering, Validation Cloud is working with elite networks to supercharge their performance and scalability. Andrew McFarlane, Validation Cloud CTO, shared, “Our global, fast infrastructure and platform focus make us an ideal partner for leading blockchain networks and the organizations building on them. We are excited to empower the users, builders, and institutions of Web3.”

Validation Cloud has expanded its leadership team to support the launch, with the addition of Alex Nwaka as Chief Strategy Officer. Mr. Nwaka joins the company after serving as an advisor for several years, and brings over fourteen years of global investing and management experience to his new role. Prior to Validation Cloud, Mr. Nwaka was an investor at Touchdown Ventures (TDV), where he was responsible for the firm’s enterprise software strategy. “Validation Cloud’s infrastructure is a game-changer for Web3 in the same way that broadband was for Web2,” said Mr. Nwaka.

Validation Cloud is often one of the first partners of emerging networks. With its proven history of strong network partnerships, Validation Cloud brings scale and speed currently not seen in the blockchain staking and node infrastructure industry. Validation Cloud’s ambitious mission is to enable elite performance for billions of global transactions. Current and prospective institutional clients and networks have trusted Validation Cloud to deliver speed, resilience, and scale.

About Validation Cloud

Validation Cloud is a Web3 platform that delivers elite, high-performance node and staking infrastructure. Validation Cloud is enabling the future of Web3 via highly resilient, scalable infrastructure. Our platform provides accelerated access and superior staking yield for the most important blockchain networks.

New Frontier Markets to Launch Blockchain Enabled Carbon Credit Platform 4166

New Frontier Markets (“NFM”), a technology company dedicated to enabling access to the new low-carbon economy, today announced the launch of its proprietary blockchain marketplace for voluntary carbon offset credits. The platform is expected to become broadly available in the fourth quarter of 2022.

NFM’s platform leverages a specialized private blockchain that will allow customers to buy, sell and trade carbon credits through a highly streamlined and efficient process. The marketplace has been designed in collaboration with Unicsoft, a leading blockchain technology developer. With the voluntary global decarbonization market expected to reach as much as $100 billion by 2030, NFM’s disintermediated exchange platform will increase both cost efficiency and transparency across the industry.

“As both project developers and investors within the emerging green energy economy, we understand the important role voluntary carbon offsets play in the viability of any project across the energy and renewables sector,” said Steven Lowenthal, President of NFM. “With the support of our partners at Unicsoft, we have created a platform that will provide developers with an efficient way to raise project capital and enable investors to actively choose which carbon offset projects they would like to support.”

NFM is committed to reducing transaction costs and centralizing carbon credit trading on a superior, scaled platform, providing customers with the ability to directly support sustainable projects and initiatives worldwide. By facilitating the sale of live and unretired credits monetized within the NFM marketplace, the exchange will provide retail and institutional investors with invaluable tools for efficiently investing in green infrastructure. The NFM marketplace will be built on the Cosmos network, benefiting from a near negligible carbon footprint and allowing for sustainable growth as the market expands.

In connection with the launch of the platform, NFM also announced that it has entered into a memorandum of understanding (“MOU”) with Johnson Rice & Company L.L.C. (“Johnson Rice”). The MOU will allow NFM to leverage Johnson Rice’s energy transition and capital markets expertise, as well as its underwriting capabilities and securities trading platform, to explore long-term opportunities in the carbon markets and expand the universe of potential investors on the platform.

Mr. Lowenthal added: “Johnson Rice provides unique expertise and deep relationships within the energy markets, and we are confident that this partnership will create numerous long-term opportunities as we expand and develop innovative solutions in the high-quality carbon offset credit marketplace.”

“At Johnson Rice, we could not be more excited about leveraging our 35 years of relationships in energy to partner with and support the launch of NFM in pursuit of a shared vision to bring together large-scale supply and demand for carbon credits,” said Joseph Seremet, Partner at Johnson Rice. “This platform is a key step to creating a more transparent, liquid and efficient marketplace for carbon offsets globally, while accelerating the timeline to a net-zero reality. Our early-stage equity capital markets expertise is perfectly suited for articulating the unique attributes of carbon credit projects that we think will result in superior execution and efficient price discovery for project developers using the NFM platform.”

NFM is backed by Tailwater Capital, a private equity firm that takes a full immersion approach to investing in energy and growth infrastructure solutions.

About New Frontier Markets

NFM is an energy technology company focused on developing blockchain and web-based applications for the carbon and commodity markets. By leveraging our team’s extensive markets, energy trading, and project development backgrounds, NFM’s products are uniquely positioned to bring value for investors and project developers alike. For more information, please visit

About Tailwater Capital LLC

Dallas-based Tailwater Capital is a growth-oriented energy and growth infrastructure private equity firm with a well-established track record of working constructively with proven management teams to deliver value-added solutions. Tailwater has raised more than $3.7 billion in committed capital since inception and the team has executed more than 100 transactions representing over $22 billion in value. For more information, please visit

About Johnson Rice

Founded in 1987, Johnson Rice is the oldest independent energy investment bank in the United States. Johnson Rice operates a leading energy capital markets and advisory platform with a focus on providing the highest quality institutional energy research and advice to its clients.

Monopoly Millionaire Game Raised $1 Million in Seed Funding 4153

2022 07 11 18 49 56

Monopoly Millionaire Game, a marine-themed GameFi that involves island construction, cultivating, shooting and more, announced that it has completed a seed funding of 1 million US Dollar. By this round of funding, MMG was valued at 10 million US Dollar.

Mirana Ventures led the seed funding round. Other notable investors included Kernel Ventures, Mint Ventures, Crypto J, and Ventorylabs.

MMG Team said it will use the fund to help realize the MMG GameFi vision and attract more users to participate in the Web3 games. In MMG, players shall buy Cannon NFTs to get the entry. With the NFT entry, players can earn daily check-in rewards and P2E rewards. Daily check-in rewards guarantee players to earn their principal back. Besides, players can earn additional rewards by P2E within the NFT life cycle.

“In MMG GameFi economic model, each NFT has a life cycle, that means, each can only be used for P2E for a limited period of time. Players have to upgrade the NFT or sell it in the marketplace when its life cycle expires. This enables us to better control inflation and have a healthier ecosystem,” Monopoly Millionaire Game CEO Angle told on an earlier Press Release at Cointelegraph. “Now MMG GameFi official version is launched. We welcome all users across the world to visit Monopoly Millionaire Game official website to download and experience the game.»

Monopoly Millionaire Game is developed by group members who have rich game-developing experience in world-famous Internet companies. Even though the product is still in its early stages, investors believe it has significant growth potential to connect game players all over the world.

“With several hundreds of experienced game developers, and tens of thousands of users in the world, the potential for Monopoly Millionaire Game is significant,” Karter, a partner at Mirana Ventures, said in the press release.

About Monopoly Millionaire Game

Monopoly Millionaire Game is a marine-themed game that features activities such as island construction, cultivating, shooting, among others. It is an NFT P2E game built on the BNB Chain. It adopts a dual-token economic model. MMG is the in-game token and MMC is the governance token.

Players use Cannon NFT to hunt marine creatures and each cannon fire will consume Gold Coins which have a limited daily quota. By hunting, players earn MMG token rewards. The Cannon NFT varies from 1 to 8 star levels. The higher the level, the more P2E profit the players will earn. Moreover, by receiving daily sign-in rewards, a player can completely cover their NFT costs, not to mention the additional P2E rewards available.

Each Cannon NFT has a “life cycle”. When it expires, the player has to upgrade it or sell it on the market. This solves a deep-seated problem in many GameFi games: inflation. The MMG team strives to build a long-term and sustainable ecosystem, where players can enjoy the game, be entertained, and earn a profit in the meantime.

Learn more about the Monopoly Millionaire Game by visiting Stay tuned with any update by following MMG Twitter or join their telegram group.

Official website

ECO Cashew is set to close a 23.5 Million Euro Multi-year Cashew off-take agreement with a major European Food Group while preparing for their ISPO event 4375

4 2022 07 08 в 12 15 58

The need for projects with real-life use cases has been a major topic for discussion in the blockchain ecosystem. This is because these projects can directly impact lives, change the narrative around cryptocurrencies and massively drive their adoption among everyday people.

More than ever, we’ve seen an increase in the number of these projects, each focused on improving different aspects of human experiences using blockchain technology and cryptocurrency as a tool. An example of such is EcoCashew, a fast-rising project combining the world of charity, blockchain, and mechanization to impact the life of Cashew farmers in Africa.

In recent news, the project announced its 23.5 Million Euro partnership agreement with a major European food group in the pipeline. This is a big step as every cause, no matter how noble, requires the right partnership to achieve true success, and Eco Cashew is evidently on its way to success with the partnership agreement in the works.

What is EcoCashew?

EcoCashew is an innovative project using asset-backed CashewF tokens and blockchain technology to enable West African cashew producers to receive fair trade prices and earn an honest livelihood.

The project intends to build a processing facility in West Africa, where 50% of world’s Cashews are cultivated so as to process farm products locally rather than sending them to Asia as has become customary. Through this manufacturing facility, they will be able to reduce the cost of round-trip transportation, which will be diverted to increasing the farmers’ revenue, pay token holders, and provide locals with stable employment opportunities.

Also, to achieve this goal, EcoCashew has created CashewF and Cashew tokens, which are cryptocurrency coins on the Cardano network. These tokens provide everyone the chance to take part in a worthy cause and earn APY on their token holdings.

The project is led by Mr. Ronald Buijk, with over 25 years of experience in West Africa and an understanding of the region’s dynamics in order to effectively execute a cashew processing factory in the region. The initiative is focused on attaining the United Nations Sustainable Development Goals using their own dynamic approach.

Why should anyone be a CashewF token holder?

The CashewF token gives a dual opportunity to every investor. A chance to do good and an opportunity to enjoy massive profit on investment. Currently, to raise money for the manufacturing facility, EcoCashew is selling the first 7 Million CashewF coins at an enormous discount. This presents an opportunity for investors to get in early and enjoy early supporters’ benefits at a meager cost.

For instance, the EcoCashew structure provides a 24 months reward program where every holder of 1000 CashewF tokens or more enjoys 12% APY, i.e., 1% nominal profits monthly from the moment of activation of the factory. These earnings will be automatically remitted to all ADA wallets like Eternl, Yoroi, Nami, etc., where the owners have total control over their ADA and other tokens like CashewF.

EcoCashew is reinventing cashew processing in Africa while changing the narrative for farmers and returning cryptocurrency income back to investors. Simply revolutionary.

EcoCashew ISPO and how to participate.

ISPO is a crypto acronym that stands for initial stake pool offering. It is a novel technique for crypto fundraising and was first launched on the Cardano blockchain.

In recent news, EcoCashew announced its ISPO event scheduled to take place on the 9th of July alongside the different highly trusted stake pools which will be participating in the EcoCashew ISPO. This will enable them to reach, collaborate and engage more Cardano crypto community.

These staking pools include [AAA] AAA Stakelovelace, [APEX] Apex Cardano Pool, [OYSTR] Oyster Pool, [VENUS] Fresco Pool, [ZEBRA] Zebra Staking.

The event set for the 9th of July will run for 7 Epochs, with each Epoch providing access to 50,000 CashewF tokens (5% of 10 Million). This will total 350,000 CashewF tokens airdropped over the 7 Epoch duration.

To be eligible to receive your CashewF through the Vending Machine, join the Staking Pools by delegating your  ADA in your private Cardano wallet today to one of ISPO pools listed above.

Future plans and Projections.

The EcoCashew project is highly driven and focused on achieving their goals with various projections on what is to come. One of the plans ahead is the integration of limited edition NFTs with the SDGs as the topics. This will be awarded to ISPO participants who allocate at least 500 Cardano – ADA during the course of the EcoCashew ISPO 7 epochs.

Additionally, a distributor in Europe who wants to purchase as many cashews as possible from the Future EcoCashew Fair Trade factory in West Africa is about to sign a three-year, $24 million contract with them because they believe it to be a wise and sustainable course of action that merits their support.

Indeed, the EcoCashew project is a highly innovative and novel solution solving real life problems for everyday people in Africa while benefiting others from every region of the world.

For more information on EcoCashew, Visit:

Media Contact:
Emile Schoemaker
[email protected]

HeadStarter ignites Web3 season as Hedera Hashgraph’s first L1 launchpad 3706

HeadStarter, the first launchpad on Hedera Hashgraph, has announced its first initial decentralized exchange (DEX) offering (IDO).

HeadStarter is pioneering the emergence of Web3 applications on Hedera by offering a suite of services that accelerate the platform’s crypto-project development. A reputable launchpad with project-acceleration support will bring long-term value to the Hedera ecosystem currently emerging from greenfield development. Web3 and decentralized finance (DeFi) applications on Hedera have motivated ecosystem partners and the community to participate in HeadStarter’s IDO.

HeadStarter strives to be a pivotal infrastructural Web3-stack component for Hedera’s projects and user base, paving the way for Hedera-based smart contract audits as a legitimate DeFi protocol to drive mass adoption.

HeadStarter is also growing Hedera’s visibility and interoperable integrations with Know Your Customer regulatory-technology support, Anti-Money Launder, centralized exchange (CEX) support for Hedera-native tokens, ecosystem funding and more to fast-track the development of native Web3 projects.

The success of HeadStarter’s first IDO is a result of the diligent work delivered by the in-house development arm Buidler Labs, which built an open-source SDK wrapper on top of Hedera’s. Strato.Js doubles as an early Hedera development tool and helps deliver HeadStarter’s decentralized application (DApp) functionality.

It’s been adopted by developers of other Hedera-based projects and hackathon participants, as it greatly reduces delivery times. The development team ensures every aspect of the platform is designed and built natively on Hedera. It was imperative the DApp leveraged Hedera’s ability to ensure fast, secure and low-energy consumption token swaps at affordable, United States dollar-pegged fees.

HeadStarter intends to offer a complete set of Web3-crowdfunding mechanisms for NFT minting and selling. It is exploring startup-funding possibilities it hopes to launch in the near future.

How HeadStarter is helping Hedera embrace DeFi

Apart from its growing community, the HeadStarter team is proud to be partnering with the leading projects built on Hedera and the influential partners in the crypto economy.

The HBAR Foundation, Hedera’s accelerator and grant issuer, has also announced a partnership with HeadStarter and has dedicated more than $400 million to boost the Web3 economy and the metaverse on Hedera. Together, they are promoting Hedera and recommending it as an obvious choice for DApps that value security and scalability at micropayment-level costs in a carbon-negative distributed network.

During the HeadStarter IDO, the user base’s swapping experience was fast and user-friendly. It was gratifying to see the platform perform well in processing transactions during the process.

Natively built on Hedera, the HeadStarter IDO launchpad is fully optimized to benefit from layer-1 (L1) distributed ledger technology.

Alongside its upcoming NFT sale, HeadStarter has opened its main IDO round for a limited time to subscribe. The HeadStarter (HST) token will be listed shortly afterward on CEXs and DEXs.

Users can check the HeadStarter DApp and keep up with developments on Hedera at