Ethereum Based CryptoKitties Raises $12M From Top Investors 1156

CryptoKitties, the ‘world’s most successful blockchain game’, announced it has raised $12 million in funding led by Andreessen Horowitz (a16z) and Union Square Ventures (USV).

CryptoKitties Raises $12M From Horowitz, Union Square

A blockchain-based game where users collect and breed digital cats was able to raise $12 million from a number of angel investors, including Andreessen Horowitz (a16z), Union Square Ventures (USV), Fred Ehrsam (Coinbase co-founder), Naval Ravikant (AngelList founder), and Mark Pincus (Zynga founder).

A huge success on the Ethereum network, the blockchain-based virtual game is breaking away from its parent company, Canada-based Axiom Zen, and being spun off as a separate venture.

The company’s vision, best described as “the future is meow”, is an unlimited world of play, built by everyone who chooses to be a part of it.

Where ownership is real, and the things you create and discover, you can keep forever. Where games can be entire economies, unlocking mutual incentives for players and builders to extend the gaming experience.

A wide number of ‘fat cats’ are onboarding the spin-off. CryptoKitties is also taking the money and support from angel investors and seed funds such: as Bill Tai (kitesurfing VC and Board Member of BitFury); William Mougayar (Founder of Token Summit); Avichal Garg (Expert at Y Combinator); CAA Ventures; Digital Currency Group; Version One; Rising Tide Fund; YesVC (a new fund started by Caterina Fake; co-founder of Flickr); Jyri Engstrom;  and Hex Capital.

The game allows users to fully own unique CryptoKitties, built on ERC-721 tokens, which cannot be replicated, taken away, or destroyed. Each one carries unique number and a 256-bit distinct genome with DNA that can be passed to offspring.

It is one of the first blockchain-based games in the world, in an attempt to deploy the technology for recreational and leisurely purposes. The growing popularity of the game was able to congest the Ethereum network in December 2017, as it reached an all-time high in transactions.

As of December 2017, Etherscan, an ethereum analytics platform, reported a sixfold increase in pending transactions on Ethereum since CryptoKitties was released the week before. 

Axiom Zen will continually release a new CryptoKitty every 15 minutes until November 2018. The rest of supply is determined by breeding of crypto-kitties. Based on their limited genomes, there is a limit of 4 billion total cats that can be bred. Users are able to put them up for sale for a price set in ETH. The priciest CryptoKitty ever sold was valued at 246.9255 ETH.

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Oort: Transforming cloud services with AI and blockchain tech 1859

Oort is redefining the blockchain space with its AI-integrated, privacy-centric cloud services. In Celebration of the Olympus Protocol mainnet launch on November 27th, 2023, we invite the first 1,000 Ale wallets that register to receive 150 Oort Tokens, redeemable upon their CEX listing in early Q1 2024.

Oort’s Layer 1 blockchain is the backbone of its decentralized cloud services, offering a promise of absolute data privacy and cost savings of up to 80% compared to traditional cloud service providers. This shift is vital for powering various AI services, emphasizing user data privacy and efficiency. Far from being merely conceptual, Oort’s approach combines practical solutions with robust technology and a team of experts, dedicated to transforming how cloud services are delivered and utilized.

What is the Olympus Protocol?

The Olympus Protocol, Oort’s DAG-based network, masterfully balances decentralization, scalability, and security. With over 28,000 nodes, rapid 2-second per block, competitive fees, and a scalable architecture, it’s anchored by their patented Proof of Honesty algorithm, ensuring a transparent and trustworthy platform.

Dr. Max Li, Founder of Oort: “Our patented consensus mechanism is key to ensuring the integrity and reliability of our platform, making it suitable for everyday use by businesses and individuals, regardless of their blockchain expertise.”

Proof Of Honesty

At the heart of Oort’s Olympus Protocol mainnet is the patented Proof Of Honesty mechanism. It not only verifies node integrity and data accuracy but also ensures fair resource distribution, keeping the ecosystem free from bad actors. Proof Of Honesty verifies the legitimacy of nodes as well as the data they are processing. In doing so, POH ensures that the Olympus Protocol incentive layer is distributing resources fairly.

Pioneering the global standard in decentralized AI cloud services

Oort’s innovative product suite, including DSS, TDS, and the upcoming DCS, is revolutionizing AI and decentralized services, offering enhanced security, affordability, and efficiency. These solutions form an integrated ecosystem, elevating AI and decentralized applications.

  • Oort DSS: revolutionizes data storage with heightened security and reduced costs, ideal for big data and AI algorithms.
  • Oort TDS: simplifies AI integration into business processes, enabling the creation of AI agents quickly and cost-effectively.
  • Oort DCS: launching in 2024, will bring scalable, cost-effective computing power, essential for intensive tasks like machine learning.

Vision in action: Oort’s practical decentralization

Oort’s commitment to practical decentralization shines with over 3000 active users. Our collaboration with Dell Technologies in North America, integrating Oort DSS into their loyalty program, marks a milestone in Web3 product adoption, further bolstered by partnerships like Tencent Cloud.

Unprecedented partnerships and support

Oort’s growth is fueled by backing from Ivy League faculties, renowned crypto VCs including Emurgo Ventures (Cardano Foundation), and significant startup grants from Microsoft & Google, highlighting industry confidence in our vision.

A team of visionaries

The core team at Oort is a blend of talent from world-renowned organizations, including Columbia University, Qualcomm, AT&T, and JP Morgan. This diverse expertise converges to create a platform where user privacy is a priority, and efficiency is unparalleled.

A special opportunity for early adopters

To commemorate our mainnet launch for Olympus, Oort announces an exclusive airdrop for new Ale Wallet users that register for this event. Join us and receive 150 Oort tokens, with listings planned for Q1 2024. This offer is more than a token gesture; it’s an invitation to join a community dedicated to privacy, efficiency, and groundbreaking innovation.

Stepping Up the Trading Game: FXGT.com Introduces Pro and ECN accounts 2598

The trading arena today is more active than ever, which means that brokers need to make a great effort in order to cater to the ever-evolving demands of market participants. Tapping into this understanding, the globally noted broker FXGT.com is now elevating its game. With the launch of their FXGT.com Pro and ECN accounts, the firm is rolling out the red carpet for advanced and professional traders with a thirst for exceptional working conditions.

“We have always been steadfast in our dedication to empowering every trader with seamless services and unwavering reliability,” stated a spokesperson for FXGT.com. “After months of hard work, our ECN and Pro accounts are nothing short of a revolution in terms of excellent trading terms. We’ve put an emphasis on the things that our more experienced clients require, such as asset variety, raw spreads, flexible margins and much more. We invite every trader who is dissatisfied with what their broker currently offers to check out the advantages of our Pro and ECN accounts, which are now available on our website.”

Bigger, faster, better

Among the many interesting features of FXGT.com’s new Pro and ECN accounts, some elements are especially worth noting. While the Pro account guarantees commission-free trading on no less than 10 different asset classes, traders who choose the ECN accounts can enjoy spreads that go as low as zero, alongside negative balance protection and the option for a 40% stop-out bar. Both accounts are coordinated with the reputable MetaTrader 4 and 5 platforms and mobile apps.

The spokesperson for FXGT.com also empahsized that all clients can benefit from these accounts, regardless of their trading background, as well as from the other accounts that the broker currently offers.

About FXGT.com

FXGT.com is an FSA-regulated brokerage firm that offers an extensive range of features for its clients The brand enlists a diverse mix of assets: from classic forex and stocks to the avant-garde realm of NFTs and crypto. Moreover, the broker integrates the prowess of MT4 and MT5 terminals, amplified by the VPS sponsorship facility. The broker also assimilates 24/7 multi-lingual support and four account types, enhancing diversification optionality. Functioning more than just a brand, FXGT.com ensures that traders are equipped with the right toolkit to stay ahead in the competitive trading arena.

Website: https://fxgt.com/

Gaming Revolution! SpookyZ’s technology instantly transforms any game you love into a Play-To-Earn Web3 game 3723

SpookyZ Gaming Studio is disrupting and reinventing the future of gaming by creating the first truly agnostic universal inGame wallet and payment gateway platform integrated with its own native token (SPZ). This key innovation allows SpookyZ’s technology to be seamlessly integrated into any existing classic Web2 or MMO game turning it instantly into a Web3 Play-To-Earn game, bringing new life and excitement to the games you love. SpookyZ is currently integrating the best in class multiplayer adventure games like Grand Theft Auto and DayZ, layering them with our technology to enable instant Play-to-Earn (P2E) immersive functionality.

SpookyZ’s technology is bridging the gap for traditional Web2 gaming studios to seamlessly enter the fast growing Web3 games market which is projected to grow to $67 Billion by 2027, by simply integrating and layering our technology effortlessly to their existing games.

SpookyZ has created a new metaverse ecosystem with innovative gaming economies, monetization models and game asset tokenisation, which is integrated with our SPZ native token. This ensures that gamers can earn real-world money while playing their favorite games, with an advance inGame wallet that seamlessly connect to MetaMask and other secure wallets allowing tokens to be freely traded, swapped, sold using both DEX and CEX exchanges ensuring unprecedented transparency of all inGame digital transactions. SpookyZ is providing the most sophisticated inGame economic model that can be easily and cheaply integrated into existing Web2 games, bringing a previously unimaginable layer of inGame dynamism to classic games we all love.

SpookyZ have implemented a simple, sophisticated inGame tokenomics model that always ensures that 2% of all transactions are burned, a 5% tax on transactions and 3% of SPZ tokens are paid to the inGame reward pool. SpookyZ has passed a comprehensive and stringent technology and Smart Contract Audit and KYC compliance conducted by SolidProof, a leading Tier-One German Blockchain Security Company. Giving Web2 gaming studios total confidence when integrating our technology including our investors, gamers and community.

SpookyZ allows players to have full access to all information about transactions, providing a Provably Fair and secure platform for total inGame peace of mind. Our technology gives gamers the ability to use their skills to make real-world money and build profits from playing their favorite games. How much money they make depends entirely on their inGame strategy and skill level, the possibilities is endless.

Another key SpookyZ innovation is that gamers will have full digital ownership of all their assets including any SPZ tokens. They have complete freedom to use, trade, swap, store, sell or cash out for real-world money, the choice is completely theirs.

SpookyZ have assembled an expert multidisciplinary team that is absolutely passionate about the transformational power of Web3 gaming. The aim of our team is to fundamentally change the way games are perceived and played. Our technology which can instantly transform any existing Web2 game into a dynamic Web3 game seamlessly is now commercially available bringing a new era in gaming. We are keen to work, collaborate or partner with investors, distributors or content creators. Please feel free to reach out to our team and let’s build the future of Web3 gaming together.

About SPOOKYZ

SpookyZ is disrupting gaming by utilising Blockchain to create new inGame economies and asset tokenisation that allows gamers to earn real-world money in our metaverse .We have created an agnostic universal integrated crypto wallet and payment gateway platform with its own native tokens (SPZ) that can be integrated into any Web2 game enabling it to become a Web3 P2E game, seamlessly bringing Blockchain and crypto to the masses.

Klever announces major investment commitment of $20M from GEM Digital Limited 4094

Klever is overjoyed to announce a defining moment in our pursuit of blockchain innovation: a remarkable $20 million investment commitment from GEM Digital Limited. This significant infusion, equally distributed with $10 million dedicated to each of our KLV and KFI tokens, is a resounding vote of confidence in our vision to transform the world of blockchain and web3. At Klever, we’re passionately crafting a future where blockchain technology and crypto wallets aren’t just powerful and secure but also incredibly user-friendly and inclusive. This milestone is a giant leap forward, reinforcing our unwavering commitment to innovation and our goal to democratize and make finance accessible for all.

Klever: A P2P Network For Everyone

Klever is a p2p network for everyone and is the embodiment of our commitment to pursue the dream of creating the most user-friendly and inclusive blockchain ecosystem.

At Klever, we’re driven by a core belief: Finance should be accessible to everyone. Since launching our first blockchain wallet in 2017, our mission has been to make finance universally accessible and free. We strive to unravel the complexities of blockchain technology, transforming it into a user-friendly blockchain tool for daily life. Today, with a fully-fledged blockchain ecosystem, we enable users to effortlessly invest, stake, create, and manage decentralized digital assets on one of the most sophisticated blockchains in existence.

For the first time, people in Nigeria can pay for food and goods using our Klever Wallet.

We’ve witnessed the challenges faced by developers and users in navigating the complex landscape of blockchain technology. Our solution? A platform where anyone, regardless of their country, beliefs, or technical expertise, can build and interact with blockchain technology. We make it so easy that everyone can use it.

Finance is complex and financial services are often exclusive, slow, expensive, and complicated.

We have found an opportunity to provide a blockchain hub and financial tools beyond the boundaries of social status, gender, religion, or nationality.

Looking ahead, this significant funding will accelerate our mission to make p2p financial services borderless, open, and accessible to all through our public blockchain network. We’re making waves towards a more inclusive, innovative, and user-friendly digital world.

Reinforcing the Open Source Movement

Klever’s investment in the open-source movement signifies our dedication to transparency, collaboration, and community-driven innovation. We believe that by embracing open-source principles, we can accelerate the development and adoption of blockchain technologies, making them more robust, secure, and versatile. This commitment to open source reflects our ethos of empowerment, inclusivity, and continuous learning within the blockchain community.

Control and Strategy in Token Utilization

Importantly, the decision to sell the tokens under this agreement rests entirely with Klever. We maintain full control over the timing, pricing, and quantity of tokens sold. This strategic approach ensures that our actions align with market conditions and our long-term vision, underscoring our commitment to responsible and thoughtful expansion. By retaining this control, Klever ensures that the investments are executed in a manner that best serves our community, stakeholders, and the overarching goals of our ecosystem. Through this multi-faceted approach, Klever is not just growing its financial and technological capabilities but is also strengthening its role as a leader in Blockchain and Web3, paving the way for a more inclusive and innovative digital future.

About GEM Digital Limited

GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, the firm actively sources, structures, and invests in utility tokens listed on over 30 CEXs and DEXs globally.

Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group with offices in Paris, New York, and Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 530 transactions in 72 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. The family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities and select venture investments.

GCEX Receives Operational VASP Licence from Dubai’s Virtual Assets Regulatory Authority 4248

GC Exchange FZE (GCEX), part of the GCEX Group, has been granted an Operational VASP Licence for VA Broker Dealer services from Dubai’s Virtual Asset Regulatory Authority (VARA).

GCEX, which opened its Dubai office in July 2022 and received its MVP (Minimal Viable Product) Preparatory License from VARA in February 2023, can now start market operations as a Virtual Asset Service Provider (VASP) in the Emirate of Dubai, enabling brokers, hedge funds, family offices and professional traders to access its deep liquidity in digital assets and range of technology solutions.

GCEX facilitates institutional access to digital assets through its proprietary XplorDigital trading solutions, which comprises of a technology-agnostic platform covering regulation, regulated custody, the safety of funds, tier 1 liquidity and technology (both back-end and front-end). GCEX only partners with regulated institutional digital custody and staking providers and always segregates client funds.

Mehtap Önder, Managing Director, GCEX in Dubai, commented, “VARA is leading the way in the global digital asset industry, and we are extremely proud to be one of the first firms to receive a VASP Operating Licence to provide Virtual Asset Broker-Dealer services and the first firm to gain approval to operate with a client money account, highlighting our focus on client protection.

“Being a regulated entity in the region is important to us – it’s the ideal way to demonstrate our commitment to adhering to international standards and implementing robust processes, with transparency and investor protection at the core of our offering. This is a major milestone for our business and is critical to GCEX’s growth strategy, enabling us to have a stronger presence in the region.”

GCEX Group enables institutional clients to access deep liquidity in FX and CFDs on digital assets, as well as digital assets spot trading and conversion as well as a broad range of trading solutions. Headquartered in London, with multiple offices across the globe, GCEX is regulated by the UK’s FCA and registered with the Danish FSA. True Global Ventures are investors in GCEX.

For further information, please visit gcexmena.com

About GCEX

Founded in 2018, GCEX is a pioneering regulated digital prime brokerage with a best-of-breed digital asset and FX platform for institutional and professional clients. GCEX has partnerships with Tier 1 trusted Liquidity Providers, leading counterparties and regulated digital custody asset institutions. GCEX offers a wide range of products and technology solutions including White Labels.

GCEX is a trading name of GC Exchange Limited, GC Exchange Fondsmæglerselskab A/S, GC Exchange A/S and GC Exchange FZE. GC Exchange Limited, a company incorporated in England and Wales (No11382809) with registered address at 75 King William Street, London, EC4N 7BE provides FX and CFDs products. GC Exchange Limited is authorised and regulated by the Financial Conduct Authority (FRN 828730).

Digital asset services are provided by GC Exchange A/S, a company incorporated in Denmark (CVR 43088777) with address at Amager Strandvej 390, 2770, Kastrup. GC Exchange A/S is authorised by the Danish Financial Supervisory Authority as a Currency Exchange (FTID 45020) and registered as a Virtual Asset Service Provider (FTID 17524) under the AML regulation.

GC Exchange Fondsmæglerselskab A/S, a company incorporated in Denmark (CVR 43345052) with address at Amager Strandvej 390, 2770, Kastrup. GC Exchange Fondsmæglerselskab A/S is authorised and regulated by the Danish Financial Supervisory Authority as an Investment Firm to offer FX and CFD products.

GC Exchange FZE is incorporated as a Limited Liability Free Zone Establishment under the Dubai World Trade Center Authority with registration number 1896. GC Exchange FZE has been granted a Virtual Asset Service Provider Licence by the Dubai Virtual Assets Regulatory Authority. For more information visit: https://www.vara.ae/

About VARA

Established in March 2022, following the effect of Law No.4 of 2022, VARA is the competent entity in charge of regulating, supervising, and overseeing VAs and VA Activities in all zones across the Emirate of Dubai, including Special Development Zones and Free Zones but excluding the Dubai International Financial Centre. VARA plays a central role in creating Dubai’s advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy.

Grow Protocol Raises Over $15k In First Hours Of ICO Start 4759

In a pioneering development in the Web3 realm, GROW Protocol announces its debut as the “world’s first real blockchain passive income coin”.

Signifying a radical shift in earning techniques, GROW merges conventional revenue sources with the power of blockchain technology to create a protocol that ensures long-term viability and growth.

Addressing Common Challenges

The GROW Protocol addresses the common challenge of inflation in the staking landscape, offering an unmatched 25% annual percentage rate in USDT through external revenue sources, expertise from seasoned traders with more than two decades of experience, and the strategic implementation of fee structures and real-world applications.

The Ethereum blockchain network forms GROW’s backbone, owing to the network being cherished for its quick transaction times, flexibility, and strong scaling capabilities. The protocol’s native token, $GROW, is essential for accessing the platform’s features, ensuring a sustainable and balanced growth model with a carefully engineered supply of 100 million tokens.

When compared to traditional passive income projects that depend on community participation for upholding payments, GROW Protocol is a significant breakthrough.

Buy GROW

https://growprotocol.net

GROW Protocol’s Path to Success

The roadmap ahead for GROW Protocol symbolizes its commitment to growth and stability, encompassing KYC verification, security audits, DEX testing features, community growth initiatives, and numerous presale stages to ensure no one misses out.

Additionally, the roadmap extends to other innovative endeavors in the pipeline, including the launches of ‘GROW Exchange’, ‘Grow AI Trading Bot’ and a professional trading platform on Signal and Telegram.

The team behind GROW Protocol is dedicated to ensuring complete adherence to all relevant regulations to not only safeguard the project’s operations but also build trust among investors and stakeholders.

In a nutshell, the project’s mission is to pioneer a dependable and secure passive income stream that offers exciting investment opportunities for everyone – democratizing security and growth. With its revolutionary staking model, commitment to regulatory compliance, and vision for ongoing developments, GROW Protocol is set to reshape the economic destinies of investors worldwide.

https://t.me/RealGrowProtocol