Abu Dhabi’s Mubadala Throws Support Behind Cryptocurrencies 24184

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Dubai: Amid what it described as “challenging market conditions,” Abu Dhabi sovereign wealth fund Mubadala Investment Capital has just thrown its support behind an unlikely candidate: cryptocurrencies.

The company earlier this month announced it has invested through its ventures arm in MidChains, a crypto asset exchange that will launch operations in late 2019 in Abu Dhabi. The move comes as Mubadala boosts its investments into the technology sector where it sees strong opportunities.

The deal marks one of the first instances where Mubadala has invested directly into a digital asset company in the Middle East. It described the digital asset space as “one [to] watch,” saying that it believes MidChains has what it takes to succeed despite bumps in the road.

The founders of MidChains said they were in talks with Mubadala for about a year before they finalised the deal. While they did not disclose the value of the investment, they said it was a seven-figure number in US dollars.

“Mubadala has always been a pioneer in the technology space and wants to become a pioneer in investing in new technologies,” said Mohammad Al Hashemi, co-founder of MidChains.

“They’ve been very close to us, they like the story, we’re from Abu Dhabi, it’s exciting to see something growing from Abu Dhabi on a global scale by local talent, and they’ve been quite supportive, to say the least. They’re firm supporters that we’re going to make it as a team and as a company in this new space.”

Al Hashemi cofounded MidChains with Basil Al Askari, who now also serves as the company’s chief executive officer. Both founders are Emiratis with a background in financial services.

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Volumint Introduces AI Automated Market Making services for DEX & CEX projects 5496

Volumint stands out as a platform that redefines market-making in the blockchain era. It unleashes the potential of every crypto project, focusing on the liquidity challenge. Our unique, subscription-based model is cost-effective and empowers small and medium-sized projects to enhance their market presence without the usual high costs of market-making services.

At the core of Volumint’s offering is an innovative, automated bot that mimics organic trading activities to amplify volume and ensure projects remain competitive. This bot injects unpredictability into trading patterns, creating a more dynamic market and reducing manipulation risks. By addressing the immediate market-making challenges, Volumint is paving the way for a more inclusive and dynamic future in cryptocurrency trading.

Volumint leverages AI’s potential and offers scalable solutions across multiple exchanges and EVM chains. This approach democratises market-making, allowing projects of all sizes to stimulate trading activity and maintain liquidity affordably.

The platform’s meticulously designed services prioritise safeguarding projects’ budgets and capital. The platform offers efficient market entry and optimised budget allocation through AI-driven analysis to maximise return on investment and foster sustainable growth in the competitive blockchain landscape. Volumint enables generation starting from $50,000 in daily volume with as little as $500 in liquidity budget while committing to protecting your budget and capital as the highest priority.

Volumint’s AI-driven analysis is a game-changer. It swiftly and accurately assesses projects at a high and qualitative level, providing custom solutions tailored to each project’s unique needs. The platform is functionally flexible, ensuring all requirements meet the highest standards. Volumint prioritises speed and quality to deliver fast and effective service.

The platform supports various blockchains and exchanges, including Uniswap, Mexc, BNB Chain, and Kucoin, ensuring broad accessibility and flexibility. Volumint’s commitment to innovation extends to introducing MINTSWAP, a DEX that offers unprecedented cost efficiency and a user-friendly trading experience for Ethereum and ERC-20 tokens.

At the core of Volumint’s ecosystem is the vMint token, which offers subscribers payment options, access to premium features, governance participation, and staking rewards. The tokenomics are designed to support the ecosystem’s growth and sustainability, and there is a total supply of 1,000,000,000 vMint tokens.

The team behind Volumint, led by CEO VM Nathan and supported by industry experts and advisors from Taiboku Capital and Moda Networks, is dedicated to driving innovation. We offer solutions that address the unique challenges crypto projects face today. Our ambitious roadmap includes ongoing enhancements to our volume generation feature, the development of a public dashboard, the introduction of an arbitrage bot, and the rollout of a trading bot. The company plans to expand features, penetrate new markets, and continuously improve the platform based on user feedback.

Overall, Volumint is a revolutionary platform that introduces a cost-effective, subscription-based model to empower small and medium-sized crypto projects and offers AI-driven analysis, custom solutions, and innovative automated bots to democratise market-making and foster a vibrant and organic trading atmosphere on any exchange.

This project launched 3 new products in a week! 7434

Yet another time, when Isotopic manages the incredible. While other projects display roadmaps stretching years in the future even for a simple Minimum Viable Product, Isotopic abolishes its own, as the graphic designer cannot keep up with the development team!

Last week, Isotopic announced the release of its Asset Store, which also came with a complete revamp of the Game Store’s interface. Now, the release of the Isotopic SDK is made public, and with it, support for Cross-Game rewards. So what is Isotopic, and how does this project keep on building so many solutions, working with over 260 live game titles?

A gaming platform for all needs – Already LIVE!

Browse unlimited games for all platforms on the Isotopic Game Store, discover new games through video content on Isotopic Shorts, and gather all of your favourite games in one place with the Isotopic Client.

Create your very first videogame with 3D models from the Isotopic Asset Store, connect your own games with the Isotopic ecosystem using the Isotopic SDK, and seamlessly blend with other Game Universes, using Isotopic Cross-Game Assets.

Just head over to store.isotopic.io where you’ll find the whole ecosystem!

The main goal of isotopic – Own your games

In an ever-growing market of Indie Games, it becomes inefficient and expensive to browse and try out new games that end up sitting in your library without use.

Isotopic arrives to give you control of your game library, allowing you to truly own your game copies, which can be traded, exchanged, or otherwise repurposed! Tokenized game licences create a new economy with active exchange of game copies between users.This empowers small creators to reach wider audiences and show their talent, while gamers unlock new experiences for minimal cost.

The latest releases and future of isotopic

It’s been 3 months into 2024, and already Isotopic’s ecosystem has expanded to nearly double. But in just a week apart from first to last, 3 new solutions see light.

The Isotopic Asset Store, brings a marketplace for game development assets including 3D Models, prefabs, sounds, effects, and scripts. With the release of the Isotopic SDK, game developers can now integrate the Isotopic Ecosystem into their games, allowing things like login, Cloud Saves, and access to the third solution, Isotopic Cross-Game Assets. Now developers can add rewards into their games, which can transcend game worlds, and users who own them can use them in multiple different games.

So what is in the future of Isotopic? All of the solutions in the Isotopic Ecosystem are only set to grow even more from now on, with new updates, releases, and developments going live rapidly! Collaborations with gaming projects are in the works, and mean users will get the chance to earn exclusive items and games, so if you are interested in that, you should join the Isotopic Community!

Solmedia Becomes First To Integrate Solana And Filecoin On Their Censorship-Resistant Platform 7606

Solmedia, a decentralized content-sharing platform, has announced that it has successfully become the first to integrate the Solana blockchain and the latest Filecoin on-chain InterPlanetary File System (IPFS) technology. With the support of its native token $MEDIA, users will now be able to leverage Solana’s high-performance blockchain architecture and Filecoin’s decentralized storage capabilities within its censor-resistant ecosystem. The move will ensure that users’ content remains secure and tamper-proof against unauthorized access or manipulation.

In a statement to the press, a senior representative for the company said, “Our mission at Solmedia has always been to uphold the principles of free speech and transparency in the realm of Web 3.0. By harnessing the power of Solana and Filecoin alongside the $MEDIA token, “We aim to help users evade propaganda and censorship by having absolutely zero control over their data and content-sharing experiences”.”

Integrating Solana and Filecoin with the ecosystem is aimed at helping users access the lightning-fast transaction speeds and low fees at Solana, coupled with Filecoin’s decentralized storage network, to make their content-sharing experience more seamless.

He went on to add, “Whether it’s uploading, streaming, or accessing content, users can expect swift and uninterrupted access to their favourite media on the Solmedia platform. Through the $MEDIA token, users can also actively participate in shaping the future of online content. The community-driven approach to media consumption is in line with its core philosophy of zero censorship so an environment can be achieved where diverse voices can flourish without fear of suppression or bias.”

As the first decentralized content-sharing platform to achieve the milestone, the company is looking to challenge the dominance of big tech corporations in the digital space.

He continued. “By providing a secure, censorship-resistant platform for content creators and consumers alike, Solmediawants to play its part in building the emerging Web 3.0 ecosystem. The $MEDIA token is the cornerstone of Solmedia’secosystem and will facilitate transactions, incentivize community engagement, and reward content creators for their contributions.”

Content creators interested in learning more about Solmedia and the $MEDIA token can visit the website today and check out their white paper.

About Solmedia

Solmedia is a decentralized content-sharing platform built on the Solana blockchain. Solmedia is a decentralized content-sharing platform on the Solana blockchain being the first to confidently ensure a secure on-chain video streaming experience for content creators and consumers across Web 3.0.

Website: https://sm.network
Twitter: https://x.com/SolMediaTech
Telegram: https://t.me/SolMediaTech
Whitepaper: https://whitepaper.sm.network

Walletry – on the wave of technological progress 7729

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The Walletry crypto wallet team constantly introduces new and proven technical solutions aimed at increasing comfort and protection for its users. Let’s talk about some of them.

First of all, it is worth highlighting the use of cross-chain bridges, which allow traders to change assets from different blockchain ecosystems. The internetwork exchange is based on a smart contract, it takes place quickly and is not subject to additional fees.

Walletry developers pay special attention to the aspects of security and reliability. When creating a wallet, a Seed phrase consisting of 12 English words is generated. It, together with the private key, provides access (return of access) to the assets stored on it. Two-factor authentication (2FA) is used, when in addition to the password, when logging into your account, you need to enter a code that will additionally be sent to your smartphone or e-mail.

And yet, development of a version of the crypto wallet for personal computers has already begun. It will be no less convenient than that available for mobile devices.

One thing is obvious. The Walletry team still has many tasks to solve, because its global goal is to make the project one of the most innovative and in demand.

Walletry: https://walletry.ai/

 

Disclaimer: This is a Press release. The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of our website. We does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

PropyKeys Officially Launches, Introducing Onchain Home Addresses as a New Asset Class 8375

Now on Coinbase’s Layer-2 Base, PropyKeys aims to democratize real estate investing by enabling users to mint addresses and deeds onchain

PropyKeys, a standout project within the Propy ecosystem known for its blockchain-powered real estate solutions, today announced the public launch of their innovative decentralized application (dApp) that enables users to mint a digital address corresponding to a tangible property. Deployed on Base, Coinbase’s layer-2 network, and powered by the PRO token, users can mint digital versions of any home addresses or global landmarks. Furthering Propy’s mission to democratize real estate ownership, PropyKeys is creating a home addresses platform and property deed storage on the blockchain.

Within just two months of invite-only beta testing, PropyKeys saw widespread adoption with over 1,600 addresses minted, including 300 global landmarks. By bridging the physical realm with the digital landscape, PropyKeys is empowering users to create digital representations of real-world property addresses, similar to possessing a domain name for a segment of the internet. After an address is acquired, the buyer can later transfer ownership to the owner of the corresponding property in exchange for additional staking power.

PropyKeys is setting a new standard for property deed security by shifting from paper-based to digital, algorithm-secured systems. This transition to an onchain, open-source, and community-managed registry enhances protection against deed theft, ensuring a trustworthy environment for property transactions.

“The enthusiasm we’ve seen even during our closed beta has been astounding. Transitioning from beta to public launch with such positive user adoption highlights the demand for innovative real estate solutions onchain. It’s been incredibly exciting to witness the community’s eagerness to engage with PropyKeys, signaling a bright future for blockchain in real estate,” said Andrew Zapo, Co-Founder and COO of PropyKeys.

New Developments & Features

In coordination with the public launch, PropyKeys is releasing a series of new features that provide an engaging and accessible introduction to real world asset (RWA) tokenization. As of today, PropyKeys is launching a staking mechanism, enriching the platform with new incentives. This feature rewards users with PRO tokens—available on Coinbase—for their contribution in minting and safeguarding onchain addresses and onchain title deeds.

Additionally, PropyKeys provides users the ability to mint a personalized AI-generated global landmark NFT such as the White House or Big Ben. Utilizing artificial intelligence, users can create detailed digital renditions of renowned global landmarks. These AI-generated landmarks offer minters a wide array of iconic structures, enhanced by the ability to customize their NFTs such as favorite cryptocurrency logos and styling. This distinctive customization capability transforms each NFT into a unique digital collectible, setting PropyKeys apart in the realm of digital art.

Digital Solutions for Real World Challenges

Addressing the challenges within the real estate sector, Propykeys and Propy’s ecosystem are dedicated to dismantling traditional barriers to entry, such as high title fees and operational inefficiencies. By integrating solutions to make digital ownership more accessible, secure, and user-friendly, PropyKeys aims to revolutionize the $280 trillion real estate market, combating deed fraud and making homeownership more secure and accessible.

“The process of buying or selling a home is overdue for a transformation,” says Natalia Karayaneva, CEO of Propy. “We are proud of the talented team behind Propykeys and happy that they chose Propy ecosystem to build. It amazes me to see how much they achieved to increase the adoption of onchain real estate in such a short period. Paving the way for a future where real estate transactions are as easy as sending an email.”

By offering a dynamic entry point to the Propy ecosystem and facilitating onchain title management, PropyKeys empowers anyone to begin their blockchain-based real estate journey. From minting home addresses to verifying ownership and enabling instant property sales, access to RWA or micro-mortgages, PropyKeys stands at the forefront of the industry’s digital transformation.

For more information, please visit please visit PropyKeys.com

About PropyKeys:

PropyKeys, a gamified platform within the Propy ecosystem, is redefining real estate ownership through blockchain technology. Officially launched in March 2024 on Coinbase’s Base, a layer-2 network, PropyKeys allows users to mint digital addresses and deeds for real-world properties. By enabling the digital representation of property addresses and offering a secure, blockchain-based platform for property deed storage, PropyKeys aims to make real estate ownership more accessible, secure, and engaging. With features like AI-generated landmark NFT minting and a novel staking mechanism, PropyKeys is setting new standards in how properties are owned, traded, and verified in the digital age.

Terraform Labs Rolls Out Station v3 Dashboard 9330

Terraform Labs Pte Ltd. (TFL), a leading software company specializing in blockchain technology, today announced the launch of a major update to Station, the company’s cross-chain wallet, to bring enhanced staking, governance, and portfolio management to users.

“The launch of Station v3 Dashboard continues the momentum that TFL has been building,” said Chris Amani, CEO of Terraform Labs. “Our talented and dedicated team has been hard at work quietly building best-in-class, cross-chain applications. We are planning to roll out more exciting updates and new applications that bring utility to users in the coming months.”

New features integrated into Station v3 Dashboard include portfolio management powered by Pulsar Finance; seamless cross-chain swaps powered by Skip Protocol, including the innovative fee token top-up feature introduced with Station v3 Extension; a streamlined staking interface, including Alliance staking, for supported chains; improved governance UX; and advanced cross-chain activity history, to understand cross-chain transaction history at a glance.

The launch of Station v3 Dashboard is TFL’s latest expansion of its Web3 offerings. The company recently announced its acquisition of Pulsar Finance, a leading cross-chain portfolio manager and data provider, launched Station v3 Extension for Chrome and Edge, and released Warp Protocol v2, the decentralized automation layer for Cosmos.

About Terraform Labs

Established in 2018 and based in Singapore, Terraform Labs Pte Ltd. (TFL) is a leading software development company specializing in blockchain technology. Powered by a globally distributed workforce of experienced Web3 developers and crypto natives, TFL is one of the few companies to have developed an end-to-end Web3 experience, inclusive of a blockchain, wallet, block explorer, RPC solution, set of apps, and a suite of developer tools. Aiming to enable the next evolution of the Internet built on robust, decentralized economies, TFL serves as a core contributor to the Terra blockchain and is the creator of products and tools such as Alliance, Station, Warp, and Enterprise.