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Blockchain Press Releases

KuCoin Unveils Account-Bound Tokens (KABT) with Reward Missions on Mocaverse and Halo Wallet

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VICTORIA, Seychelles, March 7, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, announces the launch of KuCoin Account-Bound Tokens (KABT), revolutionizing the concept of on-chain identity within the dynamic KuCoin Web3 ecosystem. Partnering with Mocaverse and Halo Wallet, KABT allows users to engage in rewarding missions and unlock exclusive benefits within the KuCoin ecosystem while seamlessly navigating different realms of the Web3 world.

KABT, issued on Polygon by KuCoin, represents an identity credential reserved for users who have undergone KYC verification. Upon minting KABT, users unlock a plethora of exclusive benefits within the KuCoin ecosystem and gain access to collaborative ventures with strategic partners. KABT transcends conventional identification, offering a gateway to a realm of privileges and opportunities.

At the same time, KuCoin introduces rewarding missions through its exclusive partnerships with Mocaverse and Halo Wallet, marking a significant milestone in the KABT journey. These esteemed platforms represent the inaugural partners collaborating with KABT, offering users unprecedented opportunities to earn rewards while contributing to the expansion of the KuCoin ecosystem.

  • Hold KABT in Halo Wallet to earn Halo XP: Users can earn 2 Halo XP daily by holding a KABT in their Halo Wallet.
  • Mint KABT and connect with Moda ID to earn Mocaverse Realm Points: By minting a KABT and connecting with Moca ID, users can earn 150 Realm Points on Mocaverse.

Mocaverse started as Animoca Brands’ first official membership NFT project, and has evolved into the marquee growth network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems across the Mocaverse Partner Network. By integrating KABT with Mocaverse decentralized identity Moca ID, users will gain access to Realm Points (RP), the PointFi system powering the whole Moca ID ecosystem. It empowers the broader Kucoin community to engage in various Web3 cultural and entertainment experiences, build up their on-chain reputation through active participation, and unlock a variety of benefits including digital assets, tokens, and both digital and physical goods.

Halo XP is Halo Wallet’s loyalty program designed to reward users for their engagement within the platform. Halo XP tracks users’ valuable actions on the platform and allows them to upgrade their NFT Pass level by accumulating points. In the future, Halo XP will be integrated into the token system, enhancing its functionality and value within the ecosystem.

“We’re thrilled to introduce KuCoin Account-Bound Tokens (KABT) and deepen our strategic partnership with Mocaverse and Halo Wallet with it,” said Johnny Lyu, CEO of KuCoin. “At KuCoin, we’re committed to pioneering innovations that enhance security and empower users. With KABT, we’re setting a new standard for interconnected ecosystems in the crypto space, while our collaborations with Mocaverse and Halo Wallet offer exciting opportunities for our community to engage, earn rewards, and contribute to the growth of our ecosystems. Together, we are facilitating the global free flow of digital value.”

KuCoin invites users to join the KABT revolution and experience the fun and benefits these interconnected ecosystems have to offer in the Web3 world. For more information and updates, stay connected with KuCoin on their social media channels.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 800 digital assets and currently provides Spot trading, Margin trading, P2P Fiat trading, Futures trading, Staking, and Lending to its 30 million users in more than 200 countries and regions. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards. Learn more at https://www.kucoin.com.

About Mocaverse

Mocaverse is the marquee growth network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems across the Mocaverse Partner Network, seeded by Animoca Brands. Mocaverse is dedicated to building the largest on-chain cultural economy by connecting and scaling the network effect of the Mocaverse Partner Network. At the epicenter of the Animoca Brands ecosystem, Mocaverse pioneered the Web3 identity and PointFi system where Moca NFT holders and Moca ID users can navigate and engage seamlessly across and beyond 400+ rewarding experiences from Animoca Brands’ investment portfolio with on-chain proof of reputation. Mocaverse is more than an ecosystem; it is an economy that empowers participants to build, earn, and grow together as we “mocalize” the mass. For more information visit https://www.mocaverse.xyz.

About Halo Wallet

Halo Wallet is a leading Web3 social wallet that utilizes its financial capability to monetize the data value of a social network. It aims to be a portal for global users in the SocialFi ecosystem by aggregating wallet activity across various protocols and turning them into a human-friendly social feed. Halo Wallet ensures users have an intuitive interface to manage digital assets, track DeFi portfolios and discover market trends without leaving the app. Learn more at https://halo.social.

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Blockchain Press Releases

Lukka Acquires Coinfirm bringing Audited Data to Blockchain Analytics, Compliance, and Investigations

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NEW YORK, May 21, 2024 /PRNewswire/ — Lukka, the global leader in enterprise digital asset data and software solutions, proudly announces its acquisition of Coinfirm, a top-tier European based blockchain analytics software company. This acquisition deepens Lukka’s existing capabilities to now support a comprehensive set of on-chain analytics of compliance, AML, sanction screening, entity due diligence, and investigations business needs. The new combined offering utilizes the industry’s only audited, institutional grade datasets at a time when trust in the quality and accuracy of data has become essential.

Since 2016, Coinfirm has been at the forefront of digital asset transaction analysis and monitoring, specializing in compliance, AML (Anti-Money Laundering) detection, and advanced blockchain analytics. Lukka’s enterprise focused approach integrates Coinfirm blockchain data into its platforms with conventional financial information, and maintains existing trusted standards in the form of an AICPA SOC Operational risk controls. Coinfirm was a natural addition to Lukka’s existing product suite due to their prior adherence to AICPA SOC 2 standards, audited by a Big 4 accounting firm. 

“Our customers have stated very clearly that they want data that they can trust and that they have too many overlapping vendors, which creates inefficiency and unnecessary spending. We spent years of due diligence across hundreds of businesses and customer feedback discussions and very carefully selected Coinfirm.

Ultimately, the decision was easy – the team that they have built is incredibly talented and their data quality is best in class. At Lukka we know data and the data behind their on-chain analytics and investigative products was the most comprehensive and highest quality. Lukka is a single provider for all of your crypto data needs.”    said Robert Materazzi, CEO at Lukka.

The integration of the Coinfirm team and products with Lukka is not just an expansion of services but a strategic move towards offering an unmatched range of on-chain and off-chain data solutions.  In addition to Lukka’s commercial strategy, the story doesn’t end with this acquisition. Lukka is continuously assessing opportunities to partner and work with great teams across the world.

About Lukka

Founded in 2014, Lukka serves the most risk-mature businesses in the world with institutional data and software solutions. As a global company, headquartered in the United States, Lukka bridges the gap between the complexities of blockchain data in a global crypto ecosystem with traditional business and reporting requirements.

All of Lukka’s products are created with institutional standards, such as AICPA Service and Organization Controls (SOC), which focus on data quality, financial calculation accuracy & completeness, and managing technology operational risk. Lukka has obtained AICPA SOC 1 Type II and SOC 2 Type II Audits, an ISO/IEC-27001 certification, NIST Cybersecurity Assessment, and continues to lead the industry with best in class technology risk governance.

Our global team looks forward to partnering with you to solve your data challenges.

For information about Lukka, visit lukka.tech.

Media Contact:
Rafal Janik
[email protected] 

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Blockchain Press Releases

Livepeer launches subnet for AI compute to process generative video

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Livepeer AI tackles one of the most pressing challenges of the AI boom: the exponential demand for AI compute capacity

NEW YORK, May 21, 2024 /PRNewswire/ — Open video infrastructure network Livepeer has announced the launch of its AI subnet. As the usage of generative AI increases, there’s a commensurate need for more adaptable, dynamic access to AI compute capabilities for builders, creators and developers, says Livepeer CEO Doug Petkanics:

“AI inference is one of the most costly and compute heavy challenges with generative AI,” says Livepeer CEO Doug Petkanics. “Our global network of decentralized nodes can serve the growing demand for AI compute – demand that will only grow exponentially as text-to-video models become embedded across entertainment, social media and gaming.”

The Livepeer AI subnet allows hardware providers to earn fees for contributing their GPUs for AI inference jobs such as text-to-image, text-to-video and image-to-video. The subnet is a fork of the main Livepeer network, which enables new AI capabilities while still using the Livepeer protocol for discovery and payments to nodes.

The goal of the subnet launch is to on-board nodes to support Livepeer’s new AI capabilities, perform testing and collect data from strategic test partners that benchmark the cost effectiveness of the Livepeer network for performing AI inference at scale, continues Petkanics:

“After validation, the team will merge these capabilities into the core Livepeer clients, add additional job types, and grow the ecosystem around leveraging additional forms of AI-based video compute. The goal is to enable AI developers to bring their own models, weights, fine-tunings, or deploy custom LoRAs on top of existing foundational models within the network. These will give the ultimate flexibility to developers, who can design bespoke workflows to support any type of AI media compute need imaginable.”

The team is currently targeting an August launch for the Livepeer AI mainnet, which will allow builders, creators and developers to leverage Livepeer’s cost-efficient, reliable and scalable infrastructure for all of their generative AI compute needs.

Livepeer joins the C2PA to fight deepfakes

Livepeer is the first open infrastructure network to join the Coalition for Content Provenance and Authenticity (C2PA), an open technical standard providing publishers, creators, and consumers the ability to trace the origin of different types of media. Other members include TikTok, Adobe, Google, Sony, Intel, BBC, Microsoft and OpenAI.

“When it comes to AI, content provenance is difficult,” says Petkanics. “The infrastructure layer is ideally positioned to be a crucial stopgap for misinformation, as it can seamlessly fingerprint content as it moves from creation to editing, distribution and consumption. We’re committed to supporting content authenticity wherever possible to rebuild trust and embed verifiable metadata that enables attribution at each stage of the content lifecycle.”

Learn more at livepeer.ai.

Media inquiries:
[email protected]

About Livepeer

Founded in 2017 by Doug Petkanics and Eric Tang, Livepeer is an open video infrastructure network for transcoding video and processing generative video. Learn more at livepeer.org.

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Blockchain

Virtualness want to be the Canva of Blockchain:Kirthiga Reddy

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Virtualness is positioning itself as the Canva of the blockchain world, according to Kirthiga Reddy. Reddy, the former Managing Director of Facebook India, is now the CEO of Virtualness. She believes that the platform can empower users to create content and communities in the virtual space, similar to Canva’s success in the design world.

Virtualness aims to provide tools and resources that simplify the process of creating and managing virtual communities. Reddy envisions the platform as a one-stop destination for individuals and businesses looking to leverage the power of blockchain technology for community building.

The platform offers a range of features, including customizable templates, social media integration, and analytics tools, designed to streamline the creation and management of virtual communities. Reddy highlights the platform’s user-friendly interface and intuitive design as key factors in its appeal to users.

Virtualness is tapping into the growing demand for virtual experiences and communities, driven by the shift towards remote work and digital interaction. Reddy sees immense potential in the platform’s ability to democratize access to blockchain technology and empower users to create meaningful connections in the virtual world.

With Virtualness, Reddy aims to democratize access to blockchain technology and empower users to create meaningful connections in the virtual world. She believes that the platform has the potential to revolutionize the way people interact and collaborate online, much like Canva has transformed the design industry.

Virtualness has already garnered attention from investors and industry experts, positioning itself as a promising player in the burgeoning virtual community space. Reddy’s vision for the platform reflects her deep understanding of the digital landscape and her commitment to driving innovation in the blockchain industry.

Overall, Virtualness is poised to make a significant impact in the virtual community space, offering users a powerful tool to create, manage, and monetize their virtual experiences. With Reddy at the helm, the platform is well-positioned to become the go-to destination for virtual community building, much like Canva has become synonymous with design excellence.

Source: exchange4media.com

The post Virtualness want to be the Canva of Blockchain:Kirthiga Reddy appeared first on HIPTHER Alerts.

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