Blockchain Press Releases
aelf Announces Field of Dreams and Wizarre Stormfights as Inaugural Grant Recipients for aelevate Program
The first wave of aelevate’s grant recipients is spearheading blockchain integration in the genres of fantasy sports and RPG auto battlers.
SINGAPORE, Dec. 11, 2023 /PRNewswire/ — aelf, the high-performance layer 1 blockchain network, announced the first batch of grant recipients for the aelevate gaming program, with the Building Grant, the first grant tranche of the program, distributed to Field of Dreams and Wizarre Stormfights.
“The response to the aelevate program has been overwhelming, indicating a pressing need to bridge the gaps faced by gaming studios looking to enter the Web3 gaming space. At its core, aelevate is designed to empower gaming studios, enabling them to tap into blockchain’s potential and providing them with a new and supplementary revenue model,” said Linda Ang, Head of Strategy at aelf.
She adds, “Both established Web2 gaming studios and newcomers to the gaming industry can leverage the extensive support offered through aelevate. With Field of Dreams and Wizarre Stormfights joining aelf’s aelevate program, we anticipate contributing to their Web3 journey, supporting them as they deepen their impact in the blockchain gaming industry.”
Serving as the gateway for gaming studios to Web3, aelevate provides financial support and technological and business assistance to successful applicants. The first grant tranche, the Building Grant, is dedicated to assisting applicants in building on aelf’s sidechain and integrating diverse dApps on the blockchain, including aelf’s incubated account abstraction wallet and NFT platform for the efficient launch and management of in-game NFTs.
“Our mission at FOD is to supercharge fantasy sports via Web3. We are thrilled to be collaborating with AELF and be part of their inaugural aelevate program. We look forward to being a part of the ecosystem and working with all the partners in bringing a robust fantasy sports experience to fans globally,” shared Rich, Cofounder of Field of Dreams.
Chris Chodakowski, Founder of Wizarre Stormfights, said “We are proud and excited about our partnership with aelf; it marks a bold step towards the future of web3 gaming. By harnessing the potential of a modern chain, we’re addressing scalability issues and unlocking unparalleled efficiency. Choosing aelf over typical chains is not just a choice; it’s a commitment to a dynamic, cutting-edge ecosystem that will propel our games to new heights.”
The games’ comprehensive integration on the aelf blockchain aims to elevate the gaming experience. By building on aelf, the games can ensure enhanced security, foster new revenue models and player-driven economies, and amplify player engagement through the creation and management of unique and verifiable in-game assets.
The first wave of aelevate’s grant recipients includes:
Field of Dreams
Field of Dreams (FOD) is a free-to-play fantasy sports platform with the goal of enabling cross-league and cross-sport interaction and creating a community-driven experience while breaking down the barriers of traditional fantasy sports.
Through aelevate, aelf will support FOD to unlock new possibilities for players in the world of fantasy sports. FOD will introduce its blockchain-native basketball fantasy game fully built on aelf’s sidechain. Notably, the game’s essential power-ups, integral for supercharging team strategising, will be tradable as NFTs on aelf, alongside FOD’s Genesis power-ups collection. Portkey, aelf’s incubated account abstraction wallet, will be the main login service, supporting power-up NFTs and the future $FOD token on aelf.
Wizarre Stormfights
Wizarre Stormfights is set to redefine RPG auto battlers. With aelf’s support, the game will be developed on aelf’s sidechain, featuring dynamic NFTs for in-game characters and items, allowing players to showcase their upgrades. Portkey, aelf’s incubated account abstraction wallet, will serve as the primary login service, providing a seamless experience for players. Forest, aelf’s primary marketplace, will foster a thriving economy for Wizarre Stormfights, presenting a new revenue model for the team.
aelevate program will announce additional grant recipients soon and is committed to facilitating gaming studios’ seamless transition into the dynamic Web3 space and accelerating the development of blockchain games.
Stay updated on aelf’s news and engage with the aelf community on:
Website: https://aelf.com
Telegram: https://t.me/aelfblockchain
Discord: https://discord.gg/bgysa9xjvD
–
About aelf
aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability. aelf blockchain is designed to power the development of Web3 and support its continuous advancement into the future. Founded in 2017 with its global hub based in Singapore, aelf is one of the pioneers of the mainchain-sidechain architecture concept. Incorporating key foundational components, including AEDPoS, aelf’s variation of a Delegated Proof-of-Stake (DPoS) consensus protocol; parallel processing; peer-to-peer (P2P) network communication; cross-chain bridges, and a dynamic side chain indexing mechanism, aelf delivers a highly efficient, safe, and modular ecosystem with high throughput, scalability, and interoperability.
aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network. aelf is committed to fostering innovation within its ecosystem and remains dedicated to driving the development of Web3 and the adoption of blockchain technology.
View original content:https://www.prnewswire.co.uk/news-releases/aelf-announces-field-of-dreams-and-wizarre-stormfights-as-inaugural-grant-recipients-for-aelevate-program-302011472.html
Blockchain Press Releases
WXT Surged 101% in 24 hours, And the Price Exceeded $0.339.Why Can WXT Go to the Moon?
SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Platform tokens have gained increased attention in this bull market, with notable examples from leading exchanges. Amid this surge, WXT, the native token of WEEX Exchange, has seen extraordinary growth, climbing 101% within 24 hours on January 11.
|
Token |
BGB |
OKB |
BNB |
MX |
WXT |
|
Opening Price |
$0.0585 |
$1.58 |
$0.15 |
$0.009157 |
$0.0100 |
|
Price One Year Ago |
$0.6002 |
$53.55 |
$302.07 |
$2.7978 |
N/A |
|
Current Price |
$6.73 |
$46.66 |
$681.33 |
$3.60 |
$0.0333 |
|
Year-To-Date Growth |
1021.29 % |
-12.87 % |
125.55 % |
22.28 % |
N/A |
|
All-Time High Price Change |
14412.82 % |
4572.78 % |
5288 % |
63785.55 % |
233 % |
|
Market Cap |
$8.08B |
$13.99B |
$98.11B |
$3.6B |
$83.19M |
This development coincides with WEEX’s ongoing global expansion. As a rapidly growing cryptocurrency exchange, WEEX continues to increase its presence in the competitive marketplace, with WXT emerging as an integral part of its ecosystem.
This surge comes as WEEX, continues to expand its global presence. WXT’s price trajectory reflects the growing influence of WEEX in the competitive cryptocurrency market.
WXT: Reflecting WEEX’s Rapid Growth
As Andrew Weiner, Vice President of WEEX, highlighted in a recent annual update, “WXT has achieved a price increase of nearly 450% since its issuance. And WXT’s trajectory mirrors WEEX’s incredible journey of growth.”
To further enhance its global outreach, WEEX has partnered with renowned football star Michael Owen as a brand ambassador. This collaboration aims to build increased brand visibility, positioning WEEX as a widespread and innovative platform in the cryptocurrency space.
According to the WEEX white paper, WXT’s ecosystem offers diverse utilities for its holders, including trading fee discounts, staking rewards, early access to new projects, and participation in airdrops. Additionally, WEEX has implemented a strategic buyback and burn mechanism, reducing WXT’s circulating supply as part of its ecosystem development strategy. These features position WXT as a multifunctional token that appeals to both active traders and long-term participants within the ecosystem.
Exchange Tokens and Their Growing Potential
This bull market has further cemented the role of platform tokens as integral components of exchange ecosystems. Platform tokens have shown their ability to enhance user engagement by offering features such as fee adjustments and access to platform-specific benefits. As WXT gains momentum, how will it evolve within the ecosystem and shape its role in the platform token landscape? While its recent performance is promising, only time will tell if WXT can achieve the same level of success as its peers.
About WEEX
Founded in 2018, WEEX Exchange swiftly rose to prominence as a key global player in the cryptocurrency sphere. Boasting a diverse selection of over 1,000 trading pairs and spearheading a zero trading fee initiative for new token introductions, WEEX Exchange has earned widespread recognition throughout the industry. Introducing “WEEX WE-Launch,” a portal to exciting opportunities that empower users to acquire WXT tokens and engage in exclusive token giveaways, signaling a new chapter of participation and empowerment. With an active user base exceeding 5 million, WEEX Exchange has solidified its standing as a top 5 platform on CoinMarketCap, underscoring its unwavering commitment to excellence.
For more information:
- Website: WEEX Exchange
Photo – https://mma.prnewswire.com/media/2596537/All_Time_High_Price_Change.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wxt-surged-101-in-24-hours-and-the-price-exceeded-0-339-why-can-wxt-go-to-the-moon-302349299.html
Switzerland is set to host the highly anticipated Swiss WEB3FEST Winter Edition 2025, an unparalleled event series on innovation, investments and collaboration within the WEB3 ecosystem. Organized by Inacta Ventures, the event will unfold across iconic Swiss locations: Zug, Zurich, St. Moritz, and Davos, from January 13 to January 24, 2025.
Proudly titled in partnership with BitcoinOS, this event series promises to unite global leaders, investors, startups, and enthusiasts under one mission: unlocking the transformative potential of WEB3 technologies. Bitcoin is evolving beyond digital gold to become the foundation of a new economy. Innovations like those from BitcoinOS enable fast transactions, smart contracts, and decentralized applications, positioning Bitcoin as a key driver of the WEB3 revolution.
What is the WEB3FEST?
WEB3FEST is a global conference series focused on technology and innovation in AI, Blockchain and Sustainability. It serves as a vibrant hub where companies across the value chain – from agile startups to international corporations – converge to share ideas, build networks, and shape the future of the industry.
The Swiss WEB3FEST Winter Edition is taking place across Zug, Zurich, St. Moritz, and Davos during the World Economic Forum. It is designed to explore specific topics each day, connect the thriving Crypto Valley and Crypto Oasis ecosystems, and bridge diverse regions through meaningful collaboration. Attendees will have the opportunity to engage with thought leaders, pioneers, and visionaries in the blockchain space, fostering an environment of innovation and networking. Now in its 5th edition and the 2nd Winter Edition, WEB3FEST continues to be an important cornerstone for those looking to connect with global stakeholders, investors, and innovators in the world of Web3.
At the heart of this transformative event is BitcoinOS, whose groundbreaking advancements in Bitcoin technology redefine possibilities in Blockchain. Participating organizations such as aeternity Foundation, The Hashgraph Association, DFINITY Foundation / Internet Computer, Solana Foundation, Ledger, and Multibank.io add to the event’s relevance, reflecting its global influence and comprehensive approach to WEB3 innovation.
The investor events are co-created with Ordway Selections, a private investment office from Switzerland, to connect the participating early-stage investors, VCs and private equity institutions with outstanding investment opportunities.
Event Highlights
January 13, 2025
Kick-Off Night – Launch Swiss WEB3FEST with a dynamic networking evening at SHED Zug.
January 14, 2025
The Green Block Talks – Explore sustainability in AI and WEB3 at Trust Square, Zurich.
January 15, 2025
Crypto Valley Afterwork – Engage with innovators over cocktails at SHED Zug.
BitcoinOS Investor Dinner – Discover BitcoinOS’s vision and connect with top blockchain investors at SHED Zug.
January 16, 2025
Crypto Valley Afterwork – Enjoy informal networking at Pavarotti Wine Bar, St. Moritz.
January 17, 2025
WEB3 Talks – Gain insights from thought leaders at the Kempinski Hotel, St. Moritz.
WEB3 Investor Dinner – Celebrate Crypto Valley with an exclusive show & dining experience at Billionaires Restaurant, St. Moritz.
January 18, 2025
WEB3 Investor Circle – Network in the serene mountain setting of El Paradiso, St. Moritz.
January 21, 2025
WEB3 Investor Circle – Connect with investors during a private dinner in Davos.
January 22, 2025
WEB3 Talks – Dive into blockchain insights and future trends at the House of Trust, Davos.
OnlyFriends Party – Connect with WEB3 leaders in a lively, exclusive setting also at the House of Trust.
January 24, 2025
Shark Island – Witness groundbreaking startup pitches in a live treasure hunt at SHED Zug.
Recap Night – Reflect on the festival’s highlights during the concluding night at SHED Zug.
Powered by BitcoinOS
As the title partner, BitcoinOS is revolutionizing Bitcoin by bringing fast, secure transactions, smart contracts, and modern applications to the world’s most trusted blockchain. Their pioneering work includes the first verification of a zK proof on Bitcoin and numerous high-profile integrations with platforms like Cardano, Merlin, and BSquared. BitcoinOS’s innovations position it as a cornerstone of the WEB3 revolution and a driving force behind the success of WEB3FEST.
BitcoinOS’s vision aligns perfectly with WEB3FEST’s goal of fostering innovation and creating impactful connections across the blockchain ecosystem. By showcasing Bitcoin’s expanded capabilities, BitcoinOS emphasizes its role in shaping the next chapter of WEB3 development.
The post Swiss WEB3FEST Winter Edition 2025 appeared first on News, Events, Advertising Options.
VILNIUS, Lithuania, Jan. 13, 2025 /PRNewswire/ — The ARMswap team is thrilled to announce the launch of its 1st version of its DeFi protocol. The web3 world is booming with numerous layer-1 and layer-2 blockchains, each having their unique algorithms and capabilities. However, their closed architecture hinders seamless interaction and information flow between networks, creating inefficiencies. ARMswap’s launch addresses this fundamental inefficiency in the current blockchain architecture and introduces a more optimized version of the multi-directional cross-chain swaps and bridges.
Simplifying Cross-Chain Transactions
“The fragmentation of blockchain networks has been a critical issue, and users were compelled to navigate through various DEXs and third-party bridges to perform a single cross-chain transaction,” notes the CTO of ARMswap. “ARMswap’s launch represents a watershed moment in addressing this fragmentation that has constrained Defi’s evolution.”
ARMswap’s architecture, validated through rigorous security audits by the leading Blockchain security firm Hashlock, combines advanced cryptographic protection for user funds. ARMswap’s protocol delivers secure and rapid swap/bridge operations, setting new industry benchmarks for transaction processing efficiency.
The platform supports 31 blockchains and their native coins in its V1 launch in Jan 2025, with plans for expansion to include more blockchains every quarter.
In V2, ARMswap will integrate with protocols like Chainlink, Axelar network, Layer zero, Wormhole, etc., to provide extensive coverage of EVM & non-EVM chains. In V3, Armswap will introduce its own framework for relayers and oracles for seamless interoperability across Web3.
ARMSP Fair Launch
ARMswap is launching its utility token, ARMSP, in Jan 2025, incentivizing liquidity providers to actively participate in the ecosystem and to share platform and pool returns with the platform participants.
ARMswap is also releasing its DeFi Mobile App (IOS & Android) in March 2025, enabling users to connect their existing wallets and perform swap transactions and participate in liquidity pools and rewards.
Limited Supply
Join the ARMswap V1 platform and participate in the ARMSP token Fair Launch on 13th Jan 2025, with a limited supply of 400 million tokens out of 1.25 billion max supplies. Early participants can enjoy bonuses and earn rewards through the ARMswap MVP program. After a 12-month vesting period, ARMSP will be listed on all major exchanges globally.
About ARMswap:
ARMswap UAB simplifies cross-chain asset transfers and brings the power of Web3 and the de-centralization of blockchains into our daily lives and businesses.
Website: www.armswap.com
For Media Inquiries:
Contact Name: Husnain Aslam
Title: Chief Technology Officer
Email: [email protected]
Logo – https://mma.prnewswire.com/media/2595363/armswap_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/armswap-launches-its-defi-platform-302347904.html
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