Blockchain Press Releases
Blocto Launches $1M Polygon Ecosystem Accelerator to Supercharge Seamless Web3 Onboarding
NEW YORK, July 21, 2023 /PRNewswire/ — Blocto, a leading cross-chain wallet application and multi-chain Web3 ecosystem, has today unveiled a $1 million grant program to fast track user onboarding to Web3 by enabling fast, seamless, and secure wallet creation on the Polygon protocols. This follows extensive efforts to bolster account abstraction (AA) capabilities across the Web3 ecosystem at the recently concluded EthCC, where Blocto had announced the launch of its AA-compatible wallet to further enable everyday users to seamlessly interact and engage with digital assets.
Intended to augment accessibility of Blocto’s seamless wallet experience to users across the Polygon ecosystem, the grant enables decentralized applications (“dApps”) to integrate Blocto’s coinless, 30-seconds user onboarding experience directly in-dApp with just two lines of code. This is in line with Blocto’s strategy of making blockchain technologies more user-friendly for mass adoption, facilitating the onboarding of the next million users onto Web3.
Exclusively available for projects building on Polygon, builder incentives of up to $1 million will be deployed across an engagement period of 3 months. In addition to financial support and developer tooling resources, selected projects are provided marketing and operational support with dedicated access to Blocto’s vast user base, developer relations teams and communication channels. Enrolled applicants that have newly launched on Polygon will also be guaranteed access to Polygon Village upon registration, the leading blockchain’s eponymous ecosystem program.
Hamzah Khan, Director of Growth at Polygon Labs, said: “Our vision at Polygon Labs is seeing scalable, affordable, secure and sustainable blockchain technology for Web3 being broadly available. Blocto’s cross-chain wallet application on Polygon provides dApp builders and projects building on the Polygon ecosystem with seamless access to blockchain wallets by bringing user experience to the forefront. By prioritizing simplicity and ease-of-use, these efforts accelerate the development of user-friendly Web3 technologies to propel the industry forward.”
Hsuan Lee, Co-founder and CEO, Blocto, said: “Blocto is committed to empowering individuals to meaningfully interact with exciting opportunities within the Web3 ecosystem, without complexities of managing their digital assets. As one of the most well-recognised, leading blockchain ecosystems that has been bridging the worlds of Web2 and Web3, Blocto’s integration with the Polygon protocols and engagement with the Polygon ecosystem will create user-friendly and secure portals for frictionless onboarding experiences. Together, we are thrilled to contribute to the democratization of blockchain technologies and foster the widespread adoption of next-generation tech innovation.”
Known for its plug-and-play modules, Blocto SDK allows dApp developers to significantly increase chances of onboarding funnel conversions. With email and social logins, Blocto wallet users are able to conveniently access dApps, manage cryptocurrencies, engage in token swaps, and manage non-fungible token (“NFT”) transactions all in one mobile app. Transaction fees are effortlessly managed via its universal gas fee solution, Blocto Points, or through ERC-20 tokens.
Interested applicants can apply for the program through Blocto’s Ecosystem Program page, subject to rigorous review by the Blocto committee. Eligible projects will be evaluated holistically across assessment factors of project impact, innovation, feasibility, and alignment with Blocto’s strategic business objectives.
Since its Series A round in February 2023, Blocto has amassed 100+ integrated ecosystem partners, over 1.6 million active users, and increased its company valuation eightfold to $80 million. Leveraging investor support from strategic partners Mark Cuban, IPX and 500 Global, the company continues to enhance expansion of its interconnected multi-chain ecosystem as seen in the Blocto Ecosystem Program on Polygon, while bolstering product and infrastructure development aimed at simplifying the Web3 onboarding process.
The Blocto Ecosystem Program on Polygon marks the first phase of the company’s ecosystem accelerator efforts in 2023.
Interested developers can apply via the Blocto Ecosystem Program on Polygon application form. For more information, please visit: https://www.blocto.io/ecosystem-program-on-polygon
About Blocto
Blocto is an all-in-one cross-chain smart contract wallet ecosystem that offers a seamless, unified experience in a comprehensive platform. Blocto SDK enables instant Web3 integration for builders, developers and innovators with significantly lowered user acquisition costs.
Since its founding in 2019, Blocto has been an industry pioneer in the field of account abstraction (AA), driving wide-scale adoption of digital assets — by launching one of the most extensive ERC-4337 compatible crypto wallets, prioritizing user experience and simplifying the onboarding process.
Today, Blocto is one of the most influential blockchain projects in the industry, having recently secured a Series A funding round with investors like Mark Cuban, IPX (previously Line Friends) and 500 Global.
Website | Twitter | LinkedIn | Discord | Medium | Github
About Polygon Labs
Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure and sustainable blockchain infrastructure for Web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including layer 2s (zero-knowledge rollups), sidechains, app-specific chains and data availability protocols. Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding 287 million, over 1.4 million smart contracts created and 2.7 billion total transactions processed since inception. The existing Polygon network is home for some of the biggest Web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe and Adobe. Polygon Labs is carbon neutral with the goal of leading Web3 in becoming carbon negative.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for dApps you develop, get started here.
Website | Twitter | Developer Twitter | Telegram | LinkedIn | Reddit | Discord | Instagram | Facebook
View original content:https://www.prnewswire.co.uk/news-releases/blocto-launches-1m-polygon-ecosystem-accelerator-to-supercharge-seamless-web3-onboarding-301880845.html
Welcome to Blocks & Headlines, your comprehensive daily briefing on the transformative world of blockchain. Today, we explore groundbreaking partnerships, economic innovations, and blockchain-powered initiatives redefining the future.
Sony Ventures Into Blockchain With New Identity Solutions
Sony has unveiled its latest blockchain-based digital identity solution designed to enhance privacy and security in the online space. This innovative system uses decentralized technology to manage digital credentials, making identity verification seamless and secure.
Sony’s venture reflects a broader trend among tech giants exploring blockchain’s potential to reshape data privacy and authentication systems.
Source: Sony Press Release
TRON’s Daily Revenue Skyrockets 119% in 2024
TRON has reported a staggering 119% increase in daily revenue, a testament to its innovative blockchain economic models. By leveraging smart contracts and a scalable infrastructure, TRON continues to attract developers and businesses seeking cost-efficient blockchain solutions.
This growth positions TRON as a leading player in the competitive blockchain ecosystem, setting benchmarks for others to follow.
Source: Bitcoin.com
MIGMIG Partners With XT.com to Bring Blockchain Rewards
MIGMIG, a blockchain gaming and rewards platform, has partnered with XT.com to expand its reach and user engagement. This collaboration aims to deliver unique blockchain-powered rewards while enhancing the gaming experience for users worldwide.
The partnership highlights the increasing intersection of blockchain technology and entertainment, opening new avenues for user interaction.
Source: Bitcoinist
Nano Labs Supports the Inaugural Presidential Crypto Ball
Nano Labs has announced a partnership with the Inaugural Presidential Crypto Ball, emphasizing its commitment to fostering blockchain awareness. This high-profile event aims to bridge the gap between blockchain innovators and policymakers, paving the way for broader adoption.
The initiative underscores the importance of collaboration between the blockchain community and governmental bodies to shape the future of digital assets.
Source: PR Newswire
Bybit Card Partners With EnTravel for Luxury Travel Perks
Bybit has teamed up with EnTravel to offer its cardholders exclusive discounts on luxury travel experiences. This partnership integrates blockchain-powered payment solutions with high-end travel services, providing users with unparalleled convenience and value.
The move exemplifies how blockchain technology can enhance traditional industries, offering innovative solutions tailored to modern consumer needs.
Source: PR Newswire
Key Insights and Industry Trends
- Decentralized Identity: Sony’s blockchain-based solution addresses growing concerns over online security and privacy.
- Economic Innovations: TRON’s revenue surge highlights the profitability of scalable blockchain networks.
- Gaming and Blockchain: Partnerships like MIGMIG and XT.com showcase the potential of blockchain in entertainment.
- Policy and Collaboration: Nano Labs’ involvement in the Crypto Ball underscores the importance of industry-government dialogue.
- Luxury Integration: Bybit and EnTravel demonstrate blockchain’s ability to enhance traditional services.
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Blockchain
Blocks & Headlines: Today in Blockchain (Vault Zero, Ethereum, DAMAC, Mantra, Cardano, FC Barcelona, ArmSwap)
Welcome to Blocks & Headlines, your comprehensive daily digest of the latest trends, innovations, and developments in blockchain technology. Today’s stories explore transformative partnerships, regulatory debates, and breakthroughs in decentralized finance and blockchain integration.
Vault Zero: Pioneering AI and Blockchain Synergy
Vault Zero is revolutionizing the tech landscape by integrating AI capabilities with blockchain innovation. The project focuses on creating decentralized ecosystems that leverage AI for enhanced decision-making, security, and scalability. This initiative addresses a growing demand for AI-driven blockchain solutions in sectors such as finance, healthcare, and supply chain management.
The announcement underscores the potential of combining AI and blockchain to address real-world challenges. By enabling data immutability and intelligent automation, Vault Zero is setting a new standard for tech convergence.
Source: Bitcoinist
Vitalik Buterin Warns Against Blockchain Censorship
Ethereum co-founder Vitalik Buterin has issued a cautionary note about the potential risks of blockchain censorship. Speaking on recent developments in transaction filtering, Buterin warned that regulatory pressures could lead to compromised decentralization. He emphasized the importance of community vigilance to ensure that blockchain networks remain open and resistant to manipulation.
This serves as a wake-up call for developers and users alike, highlighting the need to strike a balance between compliance and the foundational principles of decentralization.
Source: U.Today
Dubai’s DAMAC Enters $1 Billion Blockchain Partnership
Real estate developer DAMAC Properties has inked a $1 billion deal with blockchain platform Mantra. The partnership aims to tokenize real estate assets, allowing for greater transparency and liquidity in property investments. This marks a significant milestone in bridging traditional real estate markets with blockchain technology.
By leveraging blockchain for tokenization, DAMAC is enabling fractional ownership, thus broadening access to high-value properties. This initiative could pave the way for similar integrations in global real estate markets.
Source: Reuters
Cardano Teams Up with FC Barcelona
Cardano has partnered with FC Barcelona to empower fans through blockchain technology. The collaboration focuses on creating digital collectibles and fan engagement platforms. By leveraging Cardano’s blockchain infrastructure, the initiative aims to enhance fan experiences while maintaining sustainability and scalability.
This partnership reflects the growing intersection between sports and blockchain, where fan-centric solutions can drive adoption and innovation.
Source: Bitcoin.com
ArmSwap Launches Its DeFi Platform
Decentralized finance (DeFi) continues to thrive with the launch of ArmSwap’s new platform. ArmSwap offers advanced features like yield farming, liquidity pooling, and cross-chain compatibility. Designed to attract both retail and institutional investors, the platform emphasizes security and user-friendly interfaces.
ArmSwap’s entry into the DeFi space highlights the sector’s dynamism and the ongoing efforts to make decentralized finance accessible to a broader audience.
Source: PR Newswire
Industry Insights and Emerging Trends
The blockchain landscape continues to evolve, characterized by groundbreaking innovations and collaborations. Key trends include:
- AI-Blockchain Convergence: Projects like Vault Zero exemplify the synergy between artificial intelligence and blockchain.
- Decentralization Challenges: Vitalik Buterin’s warning highlights the need to safeguard against blockchain censorship.
- Tokenization in Real Estate: DAMAC’s partnership with Mantra showcases the transformative potential of asset tokenization.
- Blockchain in Sports: Cardano’s collaboration with FC Barcelona underscores blockchain’s growing role in fan engagement.
- DeFi Expansion: Platforms like ArmSwap are setting new benchmarks for decentralized finance.
The post Blocks & Headlines: Today in Blockchain (Vault Zero, Ethereum, DAMAC, Mantra, Cardano, FC Barcelona, ArmSwap) appeared first on News, Events, Advertising Options.
SINGAPORE, Jan. 14, 2025 /PRNewswire/ — JuCoin (jucoin.com), a prominent centralized cryptocurrency exchange established in 2013, quickly rose to become the largest digital asset exchange in East Asia within just two years. With its eyes set on reclaiming market dominance by 2025, JuCoin is embarking on a series of strategic initiatives, including assembling new teams and expanding its ecosystem into areas such as blockchain development, innovative technologies, and hosting industry summits.
To address evolving market demands, JuCoin is intensifying its global efforts, broadening its reach to emerging cryptocurrency markets and user groups. JuCoin aims to reinforce its pivotal role in the cryptocurrency space by enhancing its ecosystem and adapting to new market trends.
JuCoin’s Ecosystem Innovations
At the core of JuCoin’s ecosystem is JuChain, an independent and permissionless public blockchain poised for launch. JuChain allows developers to build decentralized applications (dApps) and issue assets, including fungible tokens (FTs) and non-fungible tokens (NFTs). With interoperability across other Layer 1 (L1) chains, JuChain facilitates multi-currency transfers through oracles and cross-chain bridges, making asset interoperability seamless.
JuChain is designed to integrate deeply with JuCoin’s trading platform, bridging decentralized and centralized financial systems. This integration will drive advancements in decentralized finance (DeFi) and PayFi, positioning JuCoin as a pioneer in the convergence of traditional and decentralized financial technologies.
Complementing JuChain is JuOne, the world’s first Web3 AI-powered cryptocurrency smartphone. JuOne combines top Web3 features, AI-driven intelligence, and a 5G IoT network. By seamlessly integrating with JuChain, JuOne aims to enhance asset security and execution efficiency, offering users a faster, more reliable experience in managing digital assets.
JuCoin Labs: Driving Innovation
JuCoin Labs serves as the innovation hub of the JuCoin ecosystem, focusing on blockchain research and supporting emerging Web3 projects. Through global resources, strategic partnerships, and connections to investors and advisors, JuCoin Labs empowers entrepreneurs to build robust Web3 companies.
A $100 million Web3 venture capital fund, with an initial allocation of $10 million, is now open for applications. This fund targets projects in blockchain infrastructure, Layer 2 solutions, DeFi, Web3, NFTs, and Metaverse. Entrepreneurs can apply and learn more at JuCoin Labs.
Industry Summits and Community Engagement
As part of its expansion strategy, JuCoin is organizing industry-leading summits to bring together blockchain innovators, cryptocurrency enthusiasts, and industry leaders. These events aim to foster collaboration and explore the future of the cryptocurrency industry.
To strengthen its user base, JuCoin is rolling out a global partnership program to work with regional and international partners, promoting blockchain development and creating a more inclusive cryptocurrency environment. By prioritizing user feedback, JuCoin ensures its platform evolves in alignment with community needs.
Looking Ahead: JuCoin’s 2025 Vision
JuCoin’s growth strategy revolves around enhancing the user experience, strengthening security and compliance, and accelerating globalization. By 2025, JuCoin cryptocurrency exchange plans to introduce innovative features such as:
- The Token Generation Event (TGE) of its platform token, JUCoin.
- Advanced social features to enhance community interactions.
- The launch of JuChain and new CeDeFi functionalities.
- Cutting edge Social-Fi dApp for Web3 community, JuChat.
- A Launchpad initiative to support new blockchain projects.
These efforts, coupled with user rewards, referral programs, and offline events, aim to build a more engaged and participatory community. JuCoin is committed to standing out in a competitive market by offering a comprehensive ecosystem that extends beyond traditional trading.
About JuCoin
JuCoin is a leading centralized cryptocurrency exchange (CEX) known for its innovation and user-friendly platform. Today, JuCoin is evolving into a robust digital ecosystem that integrates blockchain development, cutting-edge mobile technology, and a vibrant global community, redefining the future of cryptocurrency.
For more information, visit jucoin.com and follow JuCoin on social media:
Twitter: https://x.com/Jucoinex
Telegram: https://t.me/jucoinex
Photo – https://mma.prnewswire.com/media/2597506/JuCoin_s_Ecosystem.jpg
View original content:https://www.prnewswire.co.uk/news-releases/revolutionizing-crypto-how-jucoin-plans-to-reclaim-its-market-throne-302350493.html
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