The TRON Grand Hackathon 2022 Announces First List of New Partners Joining the Permanent Judging Panel for Season 2 5761

Tron

Geneva, Switzerland / June 16 / – TRON DAO and BitTorrent Chain (BTTC) are thrilled to announce Mirana, Binance Custody, FalconX, Bittrex Global, APENFT Marketplace, Voxels, Tacen, Ankr, Velas, SwissBorg Ventures, and the lead author of the ERC-721 Standard, William Entriken, as partners and judges for the TRON Grand Hackathon 2022, Season 2. They will be joining our permanent judging panel alongside our highly esteemed partners from Season 1.

The partners will serve on our distinguished panel as judges for the Hackathon Season 2 projects built on TRON or BTTC. In addition, each of the partners may consider individual grants for projects that display growth potential. Winning projects may have the chance to work with our partners on potential future listings and may be invited to integrate with some of their blockchains.

Meet our Partners and Judges  Mirana

Sean Tan is the Head of Asset Management at Mirana Asset Management, a venture, trading, and asset management firm which currently manages one of the largest proprietary digital asset portfolios globally. Previously, he was a Portfolio Manager at Tower Research Capital and contributed to its high-frequency cryptocurrency trading business.

Binance Custody

Cathy Yu, Head of Binance Custody, is also joining our judging panel. Binance Custody is an institutional-grade custody platform, regulated, insured, and integrated with the Binance ecosystem, all backed by an advanced and proven security structure. Cathy has extensive experience in the banking industry; she previously specialized in cross-border payments and global OTC trading. She has been leveraging her traditional finance background to serve the crypto industry since 2017.

FalconX

David Streltsoff, Senior Sales Executive is representing FalconX on our panel for Season 2. FalconX is a reliable Institutional Crypto Trading Platform built for financial institutions. Restructuring business processes and pioneering sales/marketing strategies are Davids’s core areas of expertise. As a seasoned sales/business development leader, he carries a solid history of building and leading teams, overachieving quota, re-establishing business vision, and tapping into new markets.

Bittrex Global

Chris Sinkey from Bittrex Global is the Listing Director and Chief Business Officer. Bittrex Global operates as a US-based blockchain digital asset trading platform designed for customers who demand lightning-fast trade execution, dependable digital wallets, and industry-leading security practices.

APENFT Marketplace 

Sydney Xiong, the Director of APENFT Foundation, will also be joining the panel. APENFT Marketplace is a multichain NFT trading platform built on BSC, TRON, and Ethereum layer-1 protocols with BTFS decentralized storage and made interoperable via BitTorrent Chain. They are also the official supporter of the NFT track for the Season 2 of The TRON Grand Hackathon. In addition to managing art collections of APENFT, Sydney initiated the “Second Life” Art Dream Fund and APENFT GameFi Hackathon, curated Digital Wanderlust NFT shows, led the team to make investments in more than 20 NFT and metaverse projects, and recently launched APENFT Marketplace.

Voxels

Charles Karpati, a Software Developer for the Voxels metaverse is representing Cryptooxels, a virtual world, and metaverse powered by the Ethereum blockchain. In his current role, Charles helps create new features for landowners to build their properties with, addresses bugs, steadily improves the user interface, and serves as a point of communication between the team and user base.

Tacen

Clarence Liu, the Co-Founder and Chief Strategy Officer of Tacen, one of the leaders in crypto compliance, is also joining our illustrious panel. As a technical expert in blockchain with over five years of experience on the road advocating for blockchain adoption, Clarence continues to push the frontiers of blockchain technology and governance at Tacen.

Ankr

Also on the panel is Gregory Gopman, CMO at Ankr, a decentralized Web3 infrastructure provider that helps developers, decentralized applications, and stakers interact easily with an array of blockchains. Gregory is also the CEO at Mewn Marketing and co-Founder of Akash Network. He has spent 15 years in startups, 10 years in Silicon Valley, and five years in Web3.

Velas

Farhad Shagulyamov, CEO of Velas, a next-generation blockchain ecosystem project that implements an AI-powered Delegated Proof-of-Stake (AIDPOS) consensus mechanism for improved scalability, high security, and interoperability. Farhad’s path to the blockchain niche started in 2016 when he became a cryptocurrency investor and started a technology company in China. This invaluable experience allowed him to make a considerable contribution to developing the idea of Velas and establishing the project.

SwissBorg

SwissBorg Ventures takes a vertical-agnostic approach to investing on behalf of SwissBorg in the most promising early-stage blockchain projects. They focus on empowering founders with the capital and expertise to build and scale the next generation of Web3 applications.

We also welcome José Fernando Pereira, an Investment Analyst at SwissBorg Ventures with experience in early-stage investments, particularly looking at tokenomics frameworks and their integration into sustainable business models.

ERC721 Standard

Last but not least, joining us is William Entriken, lead author of the ERC-721 Standard, General Manager at Pacific Medical Training, and Advisor at Arianee, Area world.

As part of the Hackathon, we will be hosting a few of our judges and partners on the Around the Block podcast series, streamed live on the TRON DAO Youtube channel and on DLive Protocol (the truly decentralized live streaming platform).

For eligibility, rules, criteria, and further details, please visit the TRON DAO Forum, TRON.Devpost.com/rules, and TRONDAO.org/hackathon.

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2022, it has over 98 million total user accounts on the blockchain, more than 3.3 billion total transactions, and over $8.7 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

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Media Contact Alexis Schreiber [email protected]

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Satoshiverse brings their epic comic characters to Quidd 2717

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: https://www.satoshiverse.io/apemo-army

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 www.animocabrands.com or follow on Twitter or Facebook​.

Contacts:
Quidd: [email protected]
Apollo: [email protected]ft.com

 

TRON’s Mission to Create an Internet for All, Defining Decentralization 3216

1 2022 07 27 в 19 15 36

Geneva, Switzerland / July 27 /TRON was established in 2017 with the vision to decentralize the web, and it has aligned its mission to follow that purpose over the last five years.

For most blockchains, decentralization is a central theme. It’s a form of administration that delegates power to individuals; as a result, users are able to contribute to and own a piece of the network.

The four elements of TRON’s decentralized architecture are the protocol, nodes, assets, and dApps. Decentralization encourages putting the power in the hands of the people, which is why TRON took its commitment to decentralization to the next stage in December 2021, by dissolving its foundation and establishing itself as a community-governed Decentralized Autonomous Organization (DAO).

Decentralization of the Protocol

TRON aims to empower developers and users to create and share content without limitations. It uses the Delegated Proof-of-Stake (DPoS) consensus mechanism to manage its blockchain. Only elected nodes can approve transaction blocks, unlike a PoS system, which allows anybody with enough assets staked to do so. This structure enables users to safeguard the network by delegating their staked assets through a mechanism of incentives.

Every blockchain network uses a consensus mechanism, and DPoS is one of the most efficient consensus algorithms available. DPoS consumes less energy and completes transactions faster than PoW (Proof-of-Work) or traditional PoS systems. Every six hours, the TRON community elects 27 block validators to serve as “Super Representatives” (SRs) in the ecosystem.

Due to the numerous advantages, many blockchains have transitioned to a DPoS mechanism to power their networks. Regardless of the amount of staked TRX or how many votes SRs receive, each SR has identical voting power on the TRON network, ensuring that the governing percentage per SR is equally balanced.

Decentralization of Nodes

Nodes are the foundation of every blockchain network. As a result, any examination of decentralization must evaluate them. TRON’s geographical diversity in nodes makes it more secure and durable.

Decentralization of Assets

The distribution of native assets, as well as their availability, also contributes to the blockchain’s decentralization. The amount of TRX wallets has risen at a tremendous pace with a 134% increase in one year, from about 26 million in July 2021 to over 61 million by July 2022. The network’s popularity and user base grow with more TRON wallet users and will continue to contribute to the network’s decentralization. Today there are over 100 million user accounts on the network, and the number of users is growing daily.

Decentralization of dApps

The number of dApps, smart contracts, and users is also noteworthy for decentralization. The TRON Grand Hackathon is an outstanding opportunity for budding entrepreneurs and their ideas to grow the TRON network. The various projects submitted during the Hackathon contribute to the diversification of the ecosystem by providing numerous dApps that continue to develop it.

To learn more about TRON’s decentralization and review what the historical data shows, read the “A Deep Dive Into Decentralization” report on https://trondao.org/blog/.

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2022, it has over 104 million total user accounts on the blockchain, more than 3.6 billion total transactions, and over $11 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

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Media Contact
Feroz Lakhani
[email protected]

TRON DAO Announces New Grants Program to Foster Growth of Overall Ecosystem 2191

1 2022 07 25 в 20 06 56

Geneva, Switzerland / July 25 /TRON DAO is thrilled to announce its Developer, Community Ambassador, and Influencer Grant Programs to BUIDLers on the TRON network.

As one of the largest DAOs, TRON is always looking for new opportunities to grow its ecosystem and further engage its vibrant global community.

The Community Ambassador Grant Program will encourage a gateway between the DAO and multiple dedicated TRON friends and families to expand the TRON ecosystem. With a quarterly grant allocation of $30,000, the program will cultivate relationships between the DAO and established Ambassadors actively engaged within the TRON Community.

The Community Ambassador Grant criteria include:

  • Established community on a popular Social Network, e.g., Discord, Telegram, or Twitter
  • Sustained history of regular engagement within the community
  • Genuine support for TRON DAO and its community objectives
  • Solid understanding of the TRON ecosystem

To apply, please click here.

The Developer Grant Program will also boost a bridge between the DAO and various core developers to expand the TRON network. With a quarterly grant allocation of $90,000, this program will formulate multiple incubation spaces designed to engage and empower leaders to promote new use cases of the TRON blockchain.

The Developer Grant criteria include:

  • Established project with proof of concept, e.g., Github Repository, or Provable Suggestions to improve the TRON blockchain and its ecosystem
  • Sustained history of consistent development efforts
  • Genuine support for TRON DAO and its community objectives
  • Solid understanding of the TRON ecosystem

To apply, please click here.

In addition to the Developer Grant Program, TRON has a Bug Bounty Program that will incentivize developers to search for system vulnerabilities. The program will help make our ecosystem safer, more robust, and more functional. Grants will be awarded depending on the bug’s complexity, level of vulnerability, and the replicability of the problem found.

Last but not least, in an effort to support public good and the dissemination of valuable information about the TRON Ecosystem, the Influencer Grant Program will provide strategic support for TRON eco-educators. Influencers working on TRON DAO-related projects and outreach are eligible to apply for these funds. With a quarterly grant allocation of $45,000, the program will work with different channels of social media influencers to amplify their messages and create an authentic stream of highly informative content throughout the entire TRON ecosystem.

The Influencer Grant criteria include:

  • Established Social Media Channels with crypto-relevant content
  • Sustained history of consistent quality content creation
  • Genuine support for TRON DAO and its community objectives
  • Solid understanding of the TRON ecosystem

To apply, please click here.

Once you apply and fill out the form, our Ecosystem Development Team will reach out to follow up and connect with you. Thank you for your interest in building on TRON and joining the mission to decentralize the web.

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2022, it has over 103 million total user accounts on the blockchain, more than 3.5 billion total transactions, and over $11 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

Media Contact
Feroz Lakhani
[email protected]

TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin 3011

1 2022 07 22 в 12 17 35

Geneva, Switzerland / July 21 / – The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on TRON.

The USDD stablecoin is currently the most over-collateralized stablecoin across the entire cryptocurrency market. The core mission of USDD is to provide the blockchain world with a decentralized cryptocurrency of stable value. USDD represents true decentralization across the stablecoin market. Other stablecoins such as USDC or USDT are pegged to a central platform’s U.S. dollar (USD) reserves. By nature, the fundamentals of USDC and USDT are considered centralized stablecoins with strict supervision by regulators worldwide.

Current market conditions have brought fears of assets being subject to liquidation and freezings without the consent of the holders. USDD overcomes these fears from multiple different angles. Whitelisted institutions of the TRON DAO Reserve (TDR) are authorized to mint USDD. The value of USDD is supported by the over-collateralization of highly liquid crypto assets consisting of, but not limited to, BTC, USDT, USDC, and TRX. This allows USDD to be free from centralized intermediaries so users do not have to worry about their assets being frozen with or without notice. This enables holders of USDD to truly have full ownership of their stablecoin.

Stability is an important aspect of a successful stablecoin. Centralized stablecoins such as USDC and USDT are bound by regulators to maintain a 1:1 reserve ratio to the USD. If the centralized authorities of these stablecoins are unable to meet their reserve requirements, this can cause the centralized stablecoins to lose its 1:1 USD peg. USDD is immune to such issues due to its decentralized nature. USDD is not designed to strictly peg to the USD; instead, it floats up and down around it. The price stability of USDD is maintained through monetary policies adopted by the TDR based on market conditions.

Under volatile market conditions, USDD is not considered depegged when it is within 3% up or down from the USD peg. This allows for further flexibility for the TDR to make the necessary monetary policy adjustments if needed. With recent volatility in the markets, USDD has adjusted properly through TDR’s monetary policy tools which have strongly held up against recent concerns. This methodology is known as a Linked Exchange Rate System and has successfully allowed USDD to properly scale.

The recent controversy surrounding stablecoins arose due to the LUNA and UST crash. USDD fluctuated below its USD peg partly due to market misconceptions tied to the LUNA/UST fiasco. LUNA and UST do not follow the TDR policies that USDD is subject to; instead, LUNA and UST function strictly off an algorithmic arbitrage system of burning and minting. This means that UST did not have to rely on any reserve system to support the 1:1 USD peg. This whole process relied heavily on LUNA’s liquidity, when market conditions worsened, causing UST to lose its peg, it resulted in a major shock driving prices down for LUNA and in turn UST because there was no reserve system backing it. This is what ultimately caused the collapse of the LUNA and UST prices. On the other hand, USDD is completely supported by a reserve system filled with liquid assets run by the TDR as mentioned earlier. The details of the TDR assets are published in real-time on tdr.org.

The TDR adopts four monetary policy instruments to ensure the stability of USDD, creating further growth in the TRON ecosystem. The four policy instruments are setting benchmark interest rates, open market operations (OMO), window guidance, and the minting-burning mechanism of TRX and USDD. The TDR will also explore more monetary policy tools to foster further stability and growth of the USDD ecosystem. The end goal of TDR’s monetary policy adjustments is to maintain a stable price of USDD while further empowering it to be the most reliable and decentralized stablecoin on the market.

For more information about USDD, check out our recent blog post, which goes into details on various community questions and concerns.

About USDD

USDD is a decentralized over-collateralized stablecoin launched collaboratively by the TRON DAO Reserve and top-tier mainstream blockchain institutions. The USDD protocol runs on the TRON network, is connected to Ethereum and BNB Chain through the BTTC cross-chain protocol, and will be accessible across more blockchains in the future. USDD is pegged to the US Dollar through TRX and maintains its price stability under the guidance of the TRON DAO Reserve. It enables access to a stable and decentralized digital dollar system that in turn assures financial liberty for everyone.

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Media Contact
Sam Elfarra
[email protected]

Validation Capital Launches Validation Cloud, a Staking and Node-as-a-Service Provider – Aims to Disrupt Multi-Billion Dollar Blockchain Industry 2917

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 4169

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 www.nfm.exchange.

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 www.tailwatercapital.com.

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.