Brian Kelly: ICOs Here to Stay 5080

In a recent interview with Cointelegraph, Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, said that Initial Coin Offerings (ICOs) are around to stay, but with some changes. Kelly, who is also a crypto analyst and regular contributor to CNBC, sat down with Cointelegraph to discuss various aspects of the crypto industry. Kelly stated that he sees blockchain and cryptocurrencies as “early stage technology,” saying as example that Amazon founder Jeff Bezos probably could not imagine his online bookstore turning into a major video streaming platform. He added:

“We have a new technology that disintermediates a lot of industries. That’s important, and that’s going to be something that’s here for the rest of my career at least and likely a lot longer than that.”

Speaking on whether ICOs as a form of fundraising will end soon, Kelly suggested that “it will stay, but with a little change.” He said that ICOs proved to be an effective tool for funding projects using cryptocurrencies and blockchain technology. However, he added that “the days of a whitepaper and a dream and $30 million are probably over.”

Kelly said that when choosing which digital currencies to invest in, there is a combination of positive indicators, such as activities that will increase the network, as well as catalysts like conferences or potential software updates.

Last month, Thomas Zeeb, CEO of securities services at Switzerland’s top stock exchange SIX, also said that ICOs are “here to stay.” Zeeb predicted that mass adoption would come in around five years.

The ICO market has seen positive growth this year, more than doubling since 2017, according to ICORating’s ICO market report for the the second quarter of 2018. Per the report, in Q2 2018, 827 projects raised over $8 billion in funding, compared to $3.3 billion in Q1 2018, representing a 151 percent increase. The report notes a “continued decline in the number of retail investors,” while institutional capital in ICO markets has increased.

Mr. Kelly will be speaking at the Crypto Finance Conference at the Ritz-Carlton in Half Moon Bay, CA, which runs from September 5-7.

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Unveiling Meteorn Run: The Future of Web3 Play-to-Earn Gaming 6586

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Singapore
August 30th 2023

Get ready to step into a whole new dimension of gaming as we introduce Meteorn Run, the cutting-edge P2E gaming platform built on the Polygon Network. Prepare to be astounded by an exhilarating fusion of blockchain technology, NFTs, and the thrill of gaming, all designed to empower players to earn while indulging in their passion for virtual adventures.

A Universe of Opportunity

Meteorn Run stands as a testament to the marriage of entertainment and economic potential. With a mission to provide gamers and users a platform where fun meets finance, Meteorn Run redefines the landscape of gaming through its innovative Play-to-Earn (P2E) concept. As the gaming world continues to evolve, Meteorn Run emerges as a catalyst for those seeking to monetize their gameplay experiences and achieve financial growth in a seamless and enjoyable manner.

Gaming Redefined

In the heart of Meteorn Run’s universe lies a dynamic ecosystem that embraces both newcomers and experienced gamers alike. The game’s diverse range of modes—Single, Cooperative, and Bet Match—offer a gamut of challenges and experiences to cater to various player preferences. Engage in heart-pounding single-player runs, join forces with friends to conquer stages cooperatively, or compete in thrilling bet matches that elevate the stakes and rewards.

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NFT-Powered Adventures

At the core of Meteorn Run’s allure are its exclusive NFT collectibles that serve as both functional equipment and valuable digital assets. Choose your path wisely as you navigate through different stages, each inspired by celestial bodies such as Mercury, Venus, and Earth. The rare NFT shoes, with attributes like Agility, Speed, Stamina, and Evasion, directly impact gameplay, making strategic decisions an integral part of your journey.

Play to Earn, the Meteorn Way

Meteorn Run pioneers the Play-to-Earn revolution with a game model that rewards players for their dedication. Engage in battles, overcome obstacles, and embark on thrilling missions to earn MTO tokens, Meteorn Run’s native cryptocurrency. Embrace the ethos of GameFi, where gaming transforms into a source of income and a pathway towards financial independence.

A Vision for the Future

Meteorn Run’s vision extends beyond the digital realm. By deploying on the Polygon blockchain, a L2 network built on the Ethereum blockchain, the game aspires to foster widespread blockchain adoption, making its benefits accessible to individuals across the globe. The creators of Meteorn Run aim to empower gamers, traders, and investors to explore the potential of blockchain technology, creating a thriving ecosystem where innovation knows no bounds.

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Embark on Your Odyssey

As you venture into Meteorn Run’s immersive cosmos, you’ll encounter an array of exciting features, including the JackPot system, Phantasm Sound system, diverse in-game items, and a comprehensive ranking system. Explore the vastness of space, unravel the mysteries of celestial stages, and strive for excellence as you ascend the leaderboards and unlock incredible rewards.

Charting a Bold Path Forward

Meteorn Run’s roadmap is a testament to its commitment to continuous growth and innovation. From the launch of the website and presale to the unveiling of the official game, Meteorn Run promises a journey filled with milestones. As the game evolves with new stages, modes, and opportunities, players can look forward to an ever-expanding universe of experiences.

Join the Meteorn Revolution

Are you prepared to dive headfirst into the world of Play-to-Earn gaming? Meteorn Run beckons, offering a gateway to adventure, prosperity, and a community of like-minded individuals. Prepare to don your NFT shoes, conquer celestial challenges, and rewrite the rules of gaming. Meteorn Run: Where Exploration Meets Earnings, and Adventure is Rewarded.

For more information and to be part of this revolution, visit the Meteorn Run website and follow us on social media:

Website: meteornrun.io

Twitter: meteorn_run

Telegram: t.me/+XlhHtEIQbeo1ZTdl

Discord: discord.gg/spv3DpEGWD

Medium: meteornrun.medium.com

Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years 5820

The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access accounts. Bart Stephens, co-founder of Blockchain Capital, fell victim to a SIM-swap attack, resulting in a $6.3 million Bitcoin theft. He has filed a lawsuit against the hackers. From all this it’s clear there’s a lack of effective safeguards and timely notifications from mobile phone carriers. Jellyfish Mobile provides a solution to prevent SIM-swap attacks and other vulnerabilities arising from cell phone carriers’ negligence.

All About Jellyfish Mobile

JellyFish Mobile is the world’s first Web3-enabled 5G mobile network. The team behind the project identified the loopholes and vulnerabilities in the telecommunication system and introduced a futuristic solution that will entirely redefine the space. With Jellyfish, users no longer just communicate on mobile phones, but become true owners of their digital assets. They are in complete control of all transactions and command absolute authority over their digital experience.

Jellyfish Mobile has developed a secure Wallet-On-SIM technology wherein users will obtain a SIM card with a built in cold wallet. The cold wallet is completely isolated from the host device and is only accessible through the owner’s seed keys, thus eliminating the risk of SIM swapping. Also,users don’t need an Internet connection to process transactions. Decentralization and transparency are Jellyfish Mobile’s USP!

Concerning functionality, Jellyfish Mobile employs DIDs (Decentralized Identifiers) for identity management. Instead of a mobile number, users get a Web3 wallet address. In addition, the platform offers access to a wide array of projects to promote engagement, be these De-Fi (Decentralized Finance) applications, decentralized social networks, and a host of other dApps, all from the mobile device.

For enhanced security and seamless operations while using Wallet-on-SIM, Jellyfish Mobile provides the following features:

  • True Cold Wallet Privacy: Isolates the wallet from the OS and the installed apps, thus eliminating any interaction.
  • Secure Boot Process: Checks the integrity of processes running on the device and prevents untoward modifications.
  • Remote Management (OTA): Ability to receive security patches and other updates remotely.
  • RSA and ECC: Guarantees a secure interaction between the mobile device and the network.
  • AES128 Encryption: Support for the latest encryption protocol boots security.
  • SIM Swap Protection: Allows recovery only via seed keys generated upon SIM activation, thus eliminating the scope of SIM swapping.
  • Cold Wallet Address Obfuscations: With an obfuscated cold wallet address, users get the highest level of security.

The Jellyfish Mobile ecosystem is an advanced and sophisticated creation that connects influencers with relevant brands and helps them monetize their activity. And both parties can utilize the transaction system provided by the platform for efficient and low-fee transactions.

Besides all this, Jellyfish Mobile also offers affordable roaming services across Asia. Travel within eligible regions and never face hassles with the network. Reliable connectivity from Jellyfish Mobile benefits not just businesses and influencers, but also regular users who are always on the go!

About JFISH, the Native Token

The JFISH token, native to the Jellyfish Mobile ecosystem, is crafted with great consideration towards critical market parameters and volatility analysis. The total token supply is capped at 1 billion, of which 4% would be available during the Pre-seed Event, 6% during the three air-drops, 75% allocated to the three CEX launches, and the remaining 15% developer tokens will be released post the third CEX launch.

In addition to that, Jellyfish Mobile follows a DAO (Decentralized Autonomous Organization) style of function, wherein token holders vote on important decisions, some of which will decide the project’s future course. For those who believe they have the right intellect and proper understanding of the blockchain space, this could be the chance to drive a project towards success. Just get as many tokens as possible, become a decisive voice in the Jellyfish Mobile ecosystem, and lead the way!

Jellyfish Mobile is holding it’s much-anticipated IEO

With it’s IEO underway, interested users and investors can acquire the JFISH tokens at the lowest-ever price of 0.025 USDT until Aug 27, 2023. The token will soon list on exchanges at 0.0275 USDT.

A total of 40,000,000 tokens will be available during the IEO (Initial Exchange Offering), and the minimum purchase amount has been set at $10USD per purchaser. There is no maximum purchase cap.

Developed by a team of experienced professionals, Jellyfish Mobile aims to put an end to SIM swap attacks, provide a seamless network connectivity to users, offer absolute authority over digital assets, minimize third-party interference, become the path that guides users toward Web3, and reward them handsomely in the process. For those who believe Web3 is the future, gear up for Jellyfish Mobile and become a part of the ecosystem.

For a deeper understanding of Jellyfish Mobile’s offerings, check out their informative explainer videos on YouTube.

To find out more about Jellyfish Mobile, visit the official website: https://jellyfi.me/

Also, follow Jellyfish Mobile on all social platforms to stay up-to-date with the latest developments and sales:

Twitter: https://twitter.com/jellyfishmobile

Telegram: https://t.me/jellyfishmobile

YouTube: https://www.youtube.com/@jellyfishmobile

IN: Bringing Blockchain Gaming and DeFi To The Multiverse 6872

Science fiction, fantasy, and technology have expanded humanity’s imagination beyond the known universe. Concepts such as quantum realms, the metaverse, and the multiverse have inspired a new generation of game developers to create gaming experiences that are awe-inspiring and stunning.

These ideas formed the genesis of IN, a multiplayer online role-playing game that takes place in a fantasy world where players explore diverse locations and landscapes, combat dangerous monsters, build cities, collect gems, and develop personal characters with NFTs.

IN has envisioned and designed a virtual experience that caters to crypto gamers, DeFi enthusiasts, and is attractive to the Web2 gaming audience. IN is bringing to life the Marvel Multiverse through decentralized blockchain technology, NFTs, and advanced gaming engines like Unity.

IN’s native token TIN improves in-game profitability and the overall experience by lowering costs that traditional gamers are accustomed to.

Experience IN’s Gameplay Features: Leaving The Web2 Gaming Portal and Venturing “IN”

IN players can achieve everything found in traditional games and beyond. For example, IN gives gamers the ability to use their creativity to BUIDL and use technology, innovate their tactics to level up and explore new realms, and acclimate to society by uniting together and engaging in real economic matters like taxes, trade, property, stock exchanges, fashion, and status.

Even better, NFTs and Aptos blockchain technology enable IN players to own property, accelerate the game’s progress through decentralized governance and voting, and not lose everything ‘when the disk is ejected from the console.’

The most popular genre, “match-three,” expands the game’s possibilities with new battles and social gaming events like tournaments.

IN’s gameplay is original as it catapults players from different regions of the world such as America, Africa, and Asia through a portal and into the unknown multiverse. From there, players learn skills like leadership and independence and become heroes who build a reverse portal to reconnect with their earthly universe.

IN is the only game where players can fill in the void and forge the future of crypto gaming.

About IN

IN was founded by Vladimir Malyshev, CEO of OnGame Company. IN is an MMORPG with a “match-three” combat system built on Unity, advanced serverless technology and infrastructure, and Aptos. IN features imaginative concepts such as the multiverse and allows players to own NFTs and in-game items.

Synesis One launches the world’s first NLP AI data crowdsourcing application on Solana Mainnet 8037

Synesis One, the world’s first AI data crowdsourcing platform on the Solana Blockchain, announced today the launch of its new Train2Earn App ‘Workspace by Synesis’ on iOS, Android, Saga, and web browsers. The App allows anyone, anywhere in the world to train AI and earn rewards.

“The Workspace App is a significant leap forward in our mission to provide high quality data to companies developing AI applications,” said Paul Lee M.D., Cofounder and CEO of Synesis One. “We designed the Synesis One platform to connect companies that need quality AI training data with digital workers who can generate the data quickly, and at competitive prices.”

The need for high-quality data to train and refine AI models is growing at an exponential rate, as nearly every industry from financial services to health care is starting to integrate AI into their business processes. Without data, AI models are basically useless: they can’t make connections or find patterns or make predictions. That’s why humans are still needed to train AI systems.

“We’re a bit like Wikipedia,” says Paul. “Synesis One workers are contributing and refining data every day. But unlike Wikipedia, our contributors are paid for their contributions. That’s why we call our business model Train2earn. They train AI and earn rewards.”

The applications for Synesis One are limitless. “Train2Earn is the first enterprise-quality on-chain software where business logic is conducted entirely on blockchain,” said Synesis One Head of Product and CTO David Saccon. “This means the provenance of our crowdsourced data is fully traceable and auditable. We believe we are providing a critical component for a new type of open data supply chain to power AI applications.”

In addition to crypto payments, the Train2Earn platform also uses the blockchain to enable a public voting process in which contributors reach consensus about the quality of the submitted data. The result is a web3 application that is secure, decentralized, and interoperable.

Synesis One’s first client is Mind AI, which is building an advanced natural language reasoning engine. The Synesis One community is helping their team of computer scientists crowdsource the ‘mental map’ the engine needs to make sense of the world. By training the engine, contributors are also helping humanity achieve the goal of general artificial intelligence.

The Train2Earn mobile app is now available for download on the App Store, Google Play Store, and Saga phone App marketplace.

For more information about Synesis One and the Train2Earn mobile app, please visit www.synesis.one.

About Synesis One

Synesis One was founded in 2021 to crowdsource data needed to train a conversational reasoning engine for sister company Mind AI. The platform connects corporate clients in need of AI training data with crowdsourced human intelligence to provide it. The company raised $9.5 million to fund development of the platform and data ecosystem.

Xucre.net Launches and Announces Release of the XucreWallet 8716

Xucre.net has announced its plans to launch a much-anticipated cryptocurrency wallet for Latin America. The wallet is the first of its kind in the region and promises to revolutionize the way users buy, sell, and manage digital assets. XucreWallet is launching for Beta on Android in August of 2023. An iOS version of the Wallet is already under development.

A decentralized application, XucreWallet, will be available in English, Spanish, Portuguese, Quechua and Nahuatl. The wallet is designed to make crypto easy and accessible to any person in the region. Designed in Quito, Ecuador, the wallet is made with the most up to date protocols to ensure users assets are safe. The wallet incorporates a user-friendly interface that lets users easily connect other wallets and dApps via WalletConnect.

“We are honored to be launching the XucreWallet for cryptocurrency in Latin America,” said Jordan Paul, Xucre’s Chief Technology Officer. “It is an exciting time for the region, and we are proud to provide users with a secure and user-friendly solution for managing their cryptocurrency assets.”

Participants in the Beta who install the application and send a transaction with the application will receive a limited release Xucre NFT, minted as recognition for early adopters of the wallet. The NFTs will be minted on a leading NFT marketplace and airdropped to all participating wallets.

The XucreWallet will first be made available in pilot markets in Ecuador and Peru in 2023. Xucre plans to expand its services to all of Latin America by 2026.

“We are excited to bring Xucre’s wallet to Latin America,” said Xucre’s CEO, Alex Garcia. “Our goal is to make buying and selling crypto accessible and safe for everyone. We are committed to providing users with a secure and user-friendly experience, and we look forward to expanding our services to include all widely spoken languages in the region in the coming years.”

About Xucre

Xucre Inc. is a developer of decentralized applications, committed to providing users with a secure and user-friendly experience when buying, selling, and managing their digital assets. The company is creating compassionate access to financial services solutions for all of the people of Latin America. Virtus Pro Populo.

For terms and conditions and more information visit Xucre’s website at https://www.xucre.net

Obvious launches a Smart contract wallet on Ethereum, that enables users to pay gas fees in a token of their choice with its intuitive mobile app, solving a major pain point for blockchain users 8649

Obvious, a mobile-based, multichain smart contract wallet is pleased to announce the launch of an Account Abstraction-based Smart Contract wallet powered by Biconomy Account Abstraction Stack. Smart contract wallets are blockchain wallets that use the functionalities of Smart contracts on the blockchain.

Traditional wallets or EOA wallets use private keys, allowing users to access and manage their funds. In contrast, smart contract wallets add an additional layer of functionality by integrating programmable logic. This logic allows for the automation of transactions, the implementation of customized rules, and the facilitation of complex financial interactions.

Obvious is one of the first wallets to use the new technology made possible by EIP-4337 and bring a smart contract wallet to multiple chains on the Ethereum ecosystem. Since the launch of its wallet in May, more than 10,000 wallets have been created on the Obvious app.

What is EIP-4337 and its significance?

EIP-4337 is an improvement proposal passed by the Ethereum community that enables the benefits of Account Abstraction without changing the consensus layer. This enables anyone to create contract accounts on Ethereum.

Accounts created using Account Abstraction are called smart Contract wallets. They provide greater security and flexibility to users as they are based on a smart contract rather than a private key and are made possible by the ERC-4337 protocol. This provides enhanced security and customizations, as the risk of private key exposure reduces.

With its new smart contract wallet, Obvious has enabled ‘Pay Any’ as a core feature. This enables users to pay blockchain transaction fees known as ‘gas fees’ in a token of their choice. This eliminates the inconvenience faced by many users when transacting on crypto wallets as transactions often get blocked due to insufficient balance of tokens needed to complete the transaction.

Obvious is committing to several consumer focussed features for its smart contract roadmap in 2023. Pradeep BV, CPO and Co-founder of Obvious said, “Smart contract wallets bring us close to modern bank accounts, in fact, a step ahead. The ability to customize the wallet based on user needs is really exciting. Some of the features that are expected to be released include setting spending limits, 2FA on transactions, the ability to batch transactions, and support for more chains in the EVM ecosystem.”

Himanshu Retarekar, CEO and Co-founder of Obvious added, “At Obvious we are committed to bringing the best user experience for everyone on the blockchain. Account Abstraction has the potential to massively simplify the user experience for people in crypto and blockchain and help onboard millions to the ecosystem. We are excited to be one of the first ones to power this movement, especially on mobile. We are just getting started, and there is a lot more to come from Obvious in the future.Biconomy has been a really great partner for us in this endeavor. “

About Obvious

Obvious is a mobile-based self-custody wallet that brings together assets across EVM & non-EVM chains and powers your cross-chain transactions by providing you safe, fast, and affordable bridging & swapping routes within the app. Obvious Wallet is one of the best apps out there for your multi-chain experience with its exceptional user experience and a wide variety of features in its mobile app. Obvious is mobile-first and is designed for experiencing crypto on the go. Launched in January 2023 by a team of ex Yahoo, Flipkart, Ola, Swiggy, Grab executives, Obvious (https://obvious.technology) is available to users worldwide on the app store and play store and has users from 100+ countries, using the Obvious app for their wallet needs.

About the executive team

Himanshu Retarekar | Co-founder, CEO

Himanshu is a serial entrepreneur, with 14+ years of Engineering experience leading engineering teams at the top startups across India. His last stint was as VP of Engineering at Freight Tiger. Prior to that, he was the Director of Engineering at Ola for consumer apps. He has had multiple entrepreneurial stints and sold his last startup to Ola.

Ex – Freight Tiger, Olacabs, Citrix

https://twitter.com/hretarekar | https://www.linkedin.com/in/hretarekar/

Jebu Ittiachen | Co-founder, CTO

Jebu leads all things tech at Obvious. He has been a serial tech entrepreneur and has 25+ years of experience in tech. He has worked at major tech companies in various roles. He was also the Architect at Ola cabs and Chief Architect at Freight tiger before starting Obvious. He has substantial experience in the crypto space and understands blockchain at a fundamental level.

Ex – Freight Tiger, Olacabs, Yahoo, Infosys

https://twitter.com/jebui | https://www.linkedin.com/in/jebuittiachen/

Pradeep Banavara | Co-founder, CPO

Pradeep leads all things product and community at Obvious. He has been a serial entrepreneur and has 20+ years of experience in product, strategy & growth. Pradeep has led product teams at top startups across India and South East Asia, most recently at Swiggy. He has also started up multiple ventures and has a deep understanding of building consumer apps for billions of people.

Ex – Swiggy, Grab, Olacabs, Flipkart, Yahoo

https://twitter.com/pradeepbv | https://www.linkedin.com/in/pradeepbv/

More Information: https://www.obvious.technology/blogs/best-smart-contract-wallet-for-ethereum-ecosystem