Connect with us

Press Releases

Nibiru Chain Secures $12 Million To Fuel Developer-Focused Layer One Blockchain

Published

on



Nibiru Chain, a general-purpose layer one blockchain, has successfully closed its latest round of funding, securing $12 million to set the stage for an ambitious phase of growth.

Venture investments included contributions from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital and Banter Capital.

Tom Dunleavy, CIO and partner at Master Ventures Capital, said,

“Nibiru has taken all of the best-in-class technology and research developed over the past few cycles and packed them into the best new chain we have ever analyzed.

“They optimize for developers with a built-in dev toolkit, easy-to-use APIs, language SDKs and a native oracle.

“MV Capital could not be more excited to be a partner with Nibiru as we move into the new level of adoption for crypto.”

Nibiru’s community sale on CoinList sold out its initial allocation of $3 million in nine minutes. An additional $3 million extension sold out as well within 11 minutes.

By the end, this sale had 842% in pre-funded excess interest, attracting 42,713 registrants and over 5,000 purchasers of the network’s staking and utility token, NIBI.

Onboarding next-generation blockchain applications

Nibiru Chain stands out with its innovative tech and emphasis on developer and user-centricity. Key partners expressed their enthusiasm.

Brandon Gath, managing partner at Kraken Ventures, said,

“We look forward to supporting the distinctive layer one model Nibiru has designed, where the core primitives are built alongside the core foundation for maximum interoperability all while incentivizing developers and users through its smart contract royalty mechanism.”

It’s the platform of choice for developers who prioritize security and performance. Boasting 40,000 TPS (transactions per second), 1.4-second block times and robust security, Nibiru Chain’s versatility spans multiple sectors including RWA (real-world assets), gaming, DeFi and more.

Developers build on Nibiru Chain with confidence, leveraging CosmWasm smart contracts for enhanced security or the familiarity of the EVM.

Additionally, developers can leverage Nibiru’s ‘dev gas’ royalty mechanism to ensure a sustainable model for long-term growth.

At its core, Nibiru Chain is driven to create the optimal environment for developers and users.

Allen Su, general partner at ArkStream Capital, said,

“Nibiru’s integrated super applications, native oracle and data-indexing significantly reduce the technical selection difficulties for Web 3.0 projects while simultaneously lowering the likelihood of security incidents.

“This will heighten user and developer confidence and the consequent growth and prosperity of the Nibiru ecosystem.”

Looking ahead Nibiru Chain’s 2024 roadmap

In 2024, Nibiru Chain sets its sights on expanding the ecosystem.

Key developments include several initiatives such as a gamified engagement airdrop, integration with major liquidity centers, listing on several top-tier centralized exchanges, implementing parallel optimistic execution and achieving full EVM-compatibility.

This year is marked by the anticipated launch of Nibiru Chain’s flagship DApps such as Nibi-Perps, Nibi-Swap and NUSD.

These releases will mark major milestones in Nibiru Chain’s journey towards a user- and developer-centric platform.

About Nibiru Chain

Nibiru Chain is a breakthrough layer one blockchain and smart contract ecosystem sporting superior throughput and unparalleled security.

Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web 3.0 adoption by innovating at each layer of the stack – DApp development, infra, consensus, a comprehensive dev toolkit and value accrual.

For more information, visit the website.

Discord | X | Telegram | YouTube | GitHub

Contact

Nibiru Chain

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 





Source link

Press Releases

Raindex Launches on Flare To Power Decentralized CEX Style Trading

Published

on


April 9, 2024 – Dubai, United Arab Emirates


Flare, the blockchain for data, has announced the launch of the Raindex desktop app a new intents-like DEX that uses the FTSO (Flare Time Series Oracle) to offer the advanced trading operations of CEXs (centralized exchanges).

Users can now set bid and offer prices, activate stop loss and take profit mechanisms and replicate other traders’ strategies in a trustless, fully-permissionless, decentralized way on-chain.

The Raindex app utilizes the intuitive Rainlang smart contract language, giving anyone the ability to design, write, deploy and manage customized token trading strategies, while leveraging Flare’s native decentralized price oracle the FTSO for reliable and secure asset price triggers.

Raindex achieves this with an intents-like architecture.

Users can specify their desired trade outcomes without needing to define how the trade is fulfilled, potentially setting up multiple future trades as part of a strategy deployed in a single transaction.

Anybody can then perform the trades on behalf of users, within the constraints of the pre-defined strategy.

For instance, a user can write a strategy to sell assets at a set price triggered by the FTSO.

Under the hood, Raindex facilitates this trade by acting as a matching venue for buyer and seller intents.

This frees users from manual order placement and constant market monitoring.

Trusted real-time asset price data

The culmination of more than three years of dedicated development, Raindex blends the most compelling advantages of both CEXs and DEXs into a single platform, allowing users to craft and execute Rainlang strategies without intermediaries.

It provides a CEX-like trading experience with enhanced DEX-style autonomy and security, so users no longer have to give up control of their digital assets.

The platform will take advantage of FTSO version two’s new ‘fast updates’ capability that delivers asset prices every block (one- to two-second intervals), secured by Flare’s novel architecture, guaranteeing both price accuracy and censorship resistance.

Flare offers a unique trust model for the enshrined oracles on their network as the data integrity is secured by the validators themselves.

An extension of Rainlang on Flare enables FTSO data to be leveraged for trading strategies, enhancing market responsiveness while eliminating the reliance on third-party, off-chain data oracles.

Josh Hardy, co-founder of Rain, said,

“Secure, reliable data is an indispensable part of the toolkit for anybody writing trading strategies.

“We’re super excited to introduce Rainlang and Raindex into Flare’s ecosystem, connect with the DeFi community and see what they create.”

Enhanced trading without intermediaries

Rainlang is an innovative new programming language that’s designed to be simple to read and write.

Anyone who can read and write Excel formulas can easily learn to create smart contracts using Rainlang.

Traders will be able to implement their own customized strategies including but not limited to DCA (dollar-cost averaging), stop losses, Dutch orders, portfolio rebalancing, market making and liquidity management and trend tracking.

With the ability to set bids and asks, stop loss and take profit triggers and copy trade vaults, the platform moves beyond traditional AMM (automated market maker) models, offering unparalleled trade expression freedom with full on-chain execution.

Hugo Philion, co-founder of Flare and CEO of Flare Labs, said,

“The recently announced upgrades to the FTSO will enable up to 1,000 asset prices to be delivered on-chain every second or so without sacrificing decentralization or security.

“Combine this with Rain’s intents-like DEX, and you enable much of the functionality of a [CEX] but without the risk of needing to custody your assets with a third party.”

The comprehensive Raindex desktop app provides an all-encompassing set of tools for traders to devise and write their strategies, with the ability to simulate its performance before deploying it on-chain.

Users can simply express what they want using Rainlang, deposit their tokens into vaults and then deploy their order when the time is right, with Raindex’s app providing real-time performance monitoring.

To celebrate its launch on Flare and entice the community to show off its trading skills, Raindex is staging a trading contest that will run throughout May 2024, with a total prize pool of $12,000 available for those who can create the most profitable trading strategies using Rainlang.

About Flare

Flare is the blockchain for data an EVM smart contract platform specifically designed to support data intensive use cases, including machine learning / AI, RWA (real-work asset) tokenization, gaming and social.

With decentralized, enshrined oracles secured at the network layer, Flare is the only smart contract platform optimized for decentralized data acquisition price and time series data, blockchain event and state data and Web 2.0 API data.

By giving developers trustless access to the broadest range of data and data proofs at scale and for minimal cost, Flare expands the utility of blockchain and supports the development of new and improved use cases.

Website | X | Telegram | Discord

About Raindex

Rainlang is DeFi’s native language on EVM. Entirely on-chain, it promotes accessibility and decentralization by making smart contracts easier to read and write.

Raindex, leveraging Rainlang, introduces a new DEX concept where orders are smart contracts, enabling complex, algorithmic trading strategies to be created and executed onchain.

Rain’s mission is to foster innovation and inclusivity in smart contract development and DeFi.

Website | X | Telegram

Contact

Dasi Kaplan, MarketAcross

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 





Source link

Continue Reading

Press Releases

Discover Solama, the First Contender for Best Solana Meme Coin in 2024 That Helps Solana’s Ecosystem To Grow

Published

on



In the world of cryptocurrency, many noteworthy projects align with investors’ values and interests. Solana is one such project that has gained significant attention.

Between the end of September 2023 and mid-March 2024, its value surged remarkably from $19.1 to $172.1, marking a staggering increase of approximately 761%.

And the trend suggests that its value continues to climb.

This remarkable growth of Solana can be attributed to its association with other outstanding projects within the crypto space and Solana ecosystem the majority experiencing impressive expansion.

One such project making waves recently in this ecosystem and that surely helped Solana is Solama, which has been dubbed as a contender for the best Solana meme coin of 2024.

Since its launch on January 1, 2024, Solama has witnessed an astonishing growth of 28,657.4%.

Why is Solama considered the first contender for best Solana meme coin 2024

Emerging in early 2024, Solama has quickly become a contender for the title of best Solana meme coin in 2024, and we can say that even beyond.

Already boasting a market cap surpassing $100 million and a passionate community exceeding 30,000 strong HODLers, this project is experiencing explosive growth.

But all of this didn’t happen aimlessly because Solama isn’t just like any regular meme coin that we are used to seeing in the market.

For instance, Solama started from the very beginning by prioritizing transparency, with a fully doxxed team working alongside the community to achieve its goals, an aspect not found in most competitors.

This collaborative spirit extends to securing tier one exchange listings, a move that will significantly increase accessibility for potential investors.

Looking beyond just price appreciation, Solama fosters engagement through a unique merchandise store and an in-house game.

Profits from these ventures are cleverly reinvested back into the project’s marketing and growth, demonstrating a commitment to long-term sustainability.

Moreover, tradable on various platforms like Raydium, Jupiter, Orca, Bitmart, MEXC and Bitrue, Solama stands out from the crowd with its adorable llama mascot.

This refreshing take on the meme coin landscape offers a distinct identity within the often-saturated market, which is surely a great advantage in the industry.

Based on all of that, Solama has already been coined by many crypto investors as the best Solona meme coin of 2024.

Dive into the world of Solama – your guide to owning a piece of the meme coin action

Solama is making waves in the Solana meme coin scene, quickly becoming a top contender.

If you’re interested in joining this vibrant community and potentially getting in on the ground floor, here’s a straightforward guide to buying your Solama tokens.

Get a Solana wallet

Get a secure digital vault for your cryptocurrencies. That’s what your Solana wallet will be.

Popular options include Phantom Wallet, but any wallet that works with the Solana blockchain will do.

Download the app or browser extension and follow the setup instructions.

Load up on SOL

Solama operates on the Solana (SOL) currency. Head to your preferred crypto exchange, buy some SOL and transfer it to your newly created Solana wallet.

Pick your trading platform

For this, you have two main options.

  • DEXs (decentralized exchanges) Platforms like Raydium, Jupiter or Orca allow direct peer-to-peer trading without needing a central authority. Simply connect your wallet following their clear instructions.
  • CEXs (centralized exchanges) If you prefer a more traditional structure, BitMart Exchange, Bitrue or MEXC are popular choices.
Trade SOL for Solama

Now that you’re all set up, it’s time to secure your Solama tokens. Within your chosen platform, locate the swap or trade section.

  • For DEXs You’ll need Solama’s unique contract address, AVLhahDcDQ4m4vHM4ug63oh7xc8Jtk49Dm5hoe9Sazqr. Enter this address along with the desired amount of Solama you want to purchase.
  • For CEXs The process might differ slightly, but you’ll typically find Solama listed by its token symbol (SOLAMA).
Double-check and confirm

Before finalizing the trade, carefully review all the details Solama amount, swap rate and any associated fees.

Once everything looks good, confirm the transaction using your wallet, and congrats, you’re now a proud owner of Solama tokens.

Stay updated

There are way too many dogs, cats, apes and frogs in the crypto space – so, it’s time for the llama to take over.

In order to stay updated, connect with this project on X, Telegram and Instagram, and visit the official website.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 





Source link

Continue Reading

Press Releases

Etherland To Launch Tecra Space Funding Round

Published

on


March 14, 2024 – Auckland, New Zealand


Etherland will be launching a funding round on the blockchain investment platform Tecra Space on April 9, 2024.

This campaign will support the continued development of Etherland’s technology, addressing practical challenges within the global real estate industry.

The solutions focus on streamlining processes, improving security and creating greater efficiency for B2B transactions.

The Tecra Space campaign offers investors the chance to participate in this project with a range of investment tiers.

Funds raised will directly fuel the expansion of Etherland’s technology and its real-world applications.

Tecra Space – community-focused fundraising

Etherland’s decision to launch its fundraising campaign on Tecra Space aligns perfectly with the company’s goals.

Tecra Space specializes in supporting early-stage blockchain projects.

Unlike traditional fundraising models, it allows Etherland to raise capital without sacrificing ownership or control of its technology.

This approach resonates with Etherland’s commitment to innovation and desire to maintain autonomy.

Alexis Brand, CEO of Etherland, said,

“Tecra Space shares our vision for decentralized innovation. Their model allows us to accelerate Etherland’s growth while ensuring our technology remains in the hands of our team and the community it serves.”

Here are the features Tecra Space offers for early participants.

  • Early access Investing early allows users to support cutting-edge blockchain solutions with the potential for growth.
  • Community-driven Tecra Space encourages a strong investor community, fostering collaboration and knowledge-sharing around promising blockchain projects.
Tecra Space participation tiers and rewards

The Tecra Space campaign offers a range of participation tiers, each with unique benefits and rewards.

These include the following.

  • NFT investment certificates Distinctive INVCERT NFTs granting special community status, investor communication channels and voting power within Etherland’s DAO.
  • Top 15 rewards The top 15 contributors receive exclusive NFTs, including those from the ‘LANDAO’ and ‘Lost Worlds’ collections, and the opportunity to mint custom LANDIDs.
  • NFT lottery  All participants are entered into a lottery with the chance to win valuable NFTs, supporting heritage preservation and unlocking potential future benefits.

A step-by-step guide to participating in the Tecra Space fundraising round is as follows.

  • Starting out Interested users can create a free account on the Tecra Space website.
  • Choosing funding method Users can select a preferred way to deposit funds options typically include bank transfer, PayPal, debit/credit cards or cryptocurrency.
  • Finding the Etherland campaign Users browse through active campaigns on Tecra Space and locate the Etherland project page, which will be live in the near future.
  • Exploring the tiers Users should carefully review the available investment tiers and their associated rewards to find the best fit.
  • Making contribution Users are to select the desired tier, enter the amount and complete the transaction using the Tecra Space wallet.
Etherland – disrupting the real estate industry with blockchain tech

The global real estate industry faces significant challenges, including slow processes, security vulnerabilities and limited transparency.

Etherland aims to address these issues head-on by leveraging the power of blockchain technology.

Here’s how Etherland’s approach offers tangible solutions.

  • Streamlining transactions Etherland’s ProApp employs decentralized identifiers, secure document management and efficient workflows to accelerate the transaction process.
  • Bolstering security Blockchain’s inherent encryption and distributed ledger system provide superior protection for sensitive real estate data.
  • Promoting transparency NFTs generate tamper-proof records of ownership and property history, enhancing trust between all parties involved.
  • Powering the ecosystem The ELAND token plays a crucial role within Etherland’s network, enabling transactions, incentivizing participation and offering governance rights.

Etherland’s focus on real-world applications of blockchain technology has the potential to streamline operations and create new opportunities within the real estate sector.

Etherland aims to position itself as a virtual real estate market leader.

Beyond B2B – the Estatepedia and heritage preservation

Etherland’s ambitions extend beyond revolutionizing business transactions.

The Estatepedia is a decentralized, blockchain-based encyclopedia of the world’s iconic landmarks.

The Tecra Space funding round will allow the team to improve the technology behind Estatepedia, which relies on NFTs acting as secure digital vaults capable of storing vast amounts of historical data, images and even 3D models associated with specific locations.

The Estatepedia has the potential to do the following.

  • Preserve history Create immutable records of cultural heritage sites, ensuring their stories endure.
  • Foster global collaboration Enable communities worldwide to contribute knowledge and enrich the understanding of their local landmarks.
  • Safeguard knowledge Protect precious historical information from potential loss or alteration.
  • Impressive track record The landmarks Etherland NFT collection has documented some of the most important landmarks on the planet and has a floor price of over ETH 1 ($3,200), with some sales exceeding $10,000.

The Tecra Space campaign is crucial for making the Estatepedia a reality.

The development of secure storage, intuitive document management and interactive community features directly supports this initiative.

Tecra Space participants are early backers of a leading Web 3.0 real estate venture that champions the global effort to safeguard our shared human history.

About Etherland

Etherland’s blockchain-powered solutions address tangible problems, offering the promise of streamlined processes, greater security and a more accessible market.

The project’s ProApp has already been used to improve the documentation of real estate and landmarks, but now the team is looking to take the next step.

The Tecra Space campaign allows users to join this journey into real-estate innovation and be part of Etherland’s larger vision to preserve cultural heritage through Estatepedia.

To learn more and participate, join the Etherland community via Telegram, Discord and X.

A dedicated Etherland landing page will be published on Tecra in the coming days, where users can take part in the raise.

Contact

Liam Quinlan-Stamp, CEO of Coinpresso.io

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 





Source link

Continue Reading
Advertisement [ethereumads]

Trending

    wpChatIcon