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Blockchain Press Releases

Bybit and Oracle Red Bull Racing Ignite Excitement with Velocity Series 2.0: Unveiling Innovative Divisible, Data-Driven Art NFTs

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DUBAI, UAE, April 10, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, and Oracle Red Bull Racing (ORBR), the Formula One™ World Champions, are thrilled to announce the highly anticipated return of their groundbreaking NFT collaboration – Velocity Series 2.0.

Building on the phenomenal success of the inaugural series in 2023, Velocity Series 2.0 pushes the boundaries of digital art by introducing “Data Driven Art.” The new series embraces the fusion of art and racing, featuring unique digital art collections inspired by real-time data and the exhilarating achievements of the iconic RB20 F1 car. Meanwhile, in a bold industry move, Bybit Web3 and Oracle Red Bull Racing will launch fractional NFTs on the DN-404 (Divisible NFT-404) protocol for the first time this year.

The 2.0 Passes, mirroring the innovation of ORBR’s iconic cars, are set to elevate the experience to unprecedented heights. Not only will the Velocity Pass feature a thrilling new design, but an additional 1,000 passes will be introduced to the Velocity Series collection, culminating in a total supply of 2,000 passes.

Series 2.0 Pass Sale Details

The Series 2.0 Pass sale will begin on April 12, 2023, 2PM UTC, offering a wide array of exclusive benefits. 900 of the passes will be on sale this round:

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  • Access to three exclusive NFT artwork drops by world-class artists in 2024
  • Access to token-gated activations and experiences related to the series.
  • Entry into raffles for real-life prizes

Velocity Series 1.0: A Resounding Commercial and Cultural Success

The 2023 Velocity Series proved to be a massive hit with fans and collectors worldwide, boasting remarkable performance in the secondary market:

  • Velocity Pass: Achieved highest secondary sale at 1.9 ETH, making a remarkable 6x increase from its initial selling price.
  • “///” by Snowfro: Experienced a staggering 35x price surge, with the highest secondary sale reaching 5.99 ETH.
  • “Trademark” by Jack Butcher: Witnessed a phenomenal 72x jump, with the highest secondary sale at a staggering 4.99 ETH.

On the other hand, the “Velocity Series” drops played a pivotal role in expanding this collector base, attracting fresh interest and enthusiasm to the world of digital collectibles. 92% of collectors for Erick Snowfro’s /// collection were new to his work, highlighting the series’ ability to engage audiences beyond traditional boundaries.

The above success underscores the significant value and appreciation for the artistry and exclusivity offered by this unique collaboration between Bybit Web3 and ORBR. This also highlights the series’ capacity to bridge the gap between the esteemed realm of Formula One™ and the burgeoning NFT space, nurturing a new generation of enthusiasts and collectors.

“At Bybit, we’re fueled by the energy of innovation, and together with Oracle Red Bull Racing, we’re excited to unleash Velocity Series 2.0!  This year’s collaboration takes digital art to a new level with ‘Data Driven Art,’ blurring the lines between racing and the NFT space. Velocity Series 2.0 welcomes everyone – existing fans and curious newcomers alike – to experience the power and potential of digital art powered by Bybit Web3,” said Ben Zhou, Co-founder and CEO of Bybit.

“The Velocity Pass allows fans to own a piece of the team’s legacy, reimagined through the lens of talented digital artists. After the fantastic response in 2023 to the collaboration with Bybit, we’re looking forward to connecting with our passionate fanbase in a new and exciting way once again,” added Oliver Hughes, Chief Marketing Officer at Oracle Red Bull Racing.

“Building on the success of the first Velocity Pass, we’re excited to push the boundaries of artistic expression even further. This series bridges the gap between artistic expression and the data-driven world of F1, offering fresh perspectives on the sport we love,” remarked Federica from AOI.

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“DN-404 is proud to be the technological backbone of the Velocity Pass Series 2.0. Our secure and cost-efficient new protocol ensures a seamless experience for fans collecting these incredible pieces of digital art,” shared Pop Punk from DN-404.

For more information on Velocity Series 2.0 and to stay updated on the latest developments, please visit https://www.bybit.com/en/promo/nft-events/velocity-pass-V2.

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 1 million wallet users, over 10 major ecosystem partners, and counting. 

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Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 25 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit, please visit Bybit Web3.

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with 25 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

AB Token is Now Live on BingX – Deposit & Trade to Share 6.2 Million AB Rewards

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SINGAPORE, March 6, 2025 /PRNewswire/ — AB DAO has officially announced that AB Token is now live on BingX (bingx.com), further expanding global trading channels and accelerating AB adoption in the Web3 space. This listing marks another major milestone for the AB DAO ecosystem, providing more trading opportunities for global users while enhancing AB’s market liquidity and ecosystem influence.

Deposit & Trade to Share a 6.2 Million AB Prize Pool

To celebrate AB’s listing, BingX has launched two exclusive reward campaigns: Deposit Bonus & Trading Prize Pool, with a total prize pool of 6.2 million AB, encouraging more users to participate in the AB DAO ecosystem.

  • Event 1: Deposit $AB to earn exclusive rewards – 1,200,000 AB
  • Event 2: Trade $AB and share the prize pool – 5,000,000 AB

Additionally, 150 Futures Bonus Vouchers worth 30 USDT each are available.

>>Event Details: https://bingx.com/partner/ABexclusive/2R3om2 

AB Trading Pair Details

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  • Trading Pair: AB/USDT
  • Deposit Opens: March 6, 2025, 12:00 (UTC+8)
  • Trading Starts: March 6, 2025, 18:00 (UTC+8)
  • Withdrawal Opens: March 7, 2025, 18:00 (UTC+8)

AB DAO Ecosystem Continues to Expand

With BingX now supporting AB, users can also trade AB on the following exchanges:

  • Bitget (bitget.com)
  • HTX (htx.com)
  • MEXC (mexc.com)
  • BingX (bingx.com)
  • 4E (eeee.com)
  • BitMart (bitmart.com) (Coming Soon)

The AB listing on BingX is a crucial step in AB DAO’s global strategy. In the coming weeks, AB DAO will continue expanding its presence across multiple trading platforms, enriching ecosystem applications, and accelerating global adoption.

>> Stay Updated with AB DAO

View original content:https://www.prnewswire.co.uk/news-releases/ab-token-is-now-live-on-bingx–deposit–trade-to-share-6-2-million-ab-rewards-302394332.html

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Blockchain Press Releases

SOL ARENA USHERS IN A NEW ERA OF CASUAL GAMING AND CRYPTO WAGERING ON SOLANA, WITH $CHILL TOKEN LAUNCHING SOON

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  • SOL Arena, the Web3 multiplayer battle game developed by Chillchat ,will launch its $CHILL token at end-March 2025, following its sold-out Challengers NFT mint on Magic Eden on February 6, 2025.
  • Delivering a fresh take on snake-like gameplay on the Solana blockchain, SOL Arena has attracted 80,000+ global players since its Open Beta launch in September 2024.
  • Backed by Solana Ventures, Crypto.com Capital, and Big Brain Holdings, Chillchat aims to pioneer innovation in Web3 gaming by marrying casual gameplay with high-stakes crypto wagering in massive real-time battles.

BANGKOK, March 6, 2025 /PRNewswire/ — SOL Arena, a high-stake multiplayer battle game powered by Solana and now live in Open Beta, will launch its $CHILL token at end-March 2025, which will allow players to wager $CHILL in real-time crypto battles, or stake for in-game and ecosystem rewards. After welcoming more than 80,000 players worldwide since its Open Beta began on September 20, 2024, SOL Arena’s highly anticipated $CHILL token launch follows a sold-out Challengers NFT mint on Magic Eden last month.

Developed by Chillchat, a Bangkok-based Web3 gaming studio, SOL Arena unites casual snake-style gameplay with massive real-time battles and large-scale crypto wagering. By pairing the simplicity of casual gaming with the thrill of real crypto stakes, SOL Arena delivers a fresh take on Web3 gaming on Solana — appealing to both casual gamers and competitive enthusiasts.

To support its continued growth and development, Chillchat previously secured US$8.69M in seed funding, led by Solana Ventures, Crypto.com Capital, and Big Brain Holdings. Matt Beck, Head of Investments at Solana Ventures said: “SOL Arena is introducing a new way to engage with crypto gaming — where every match matters because there’s something real at stake. This is exactly the kind of innovation that will drive Web3 gaming forward.”

SOL Big Brain of Big Brain Holdings said: “I’m hyped to see how SOL Arena evolves over time. Its approach to merging casual gaming with real-time wagering is already making waves in the Solana community.”

A New Era of Web3 Gaming: Real-Time Crypto Wagering at Scale
SOL Arena merges the simplicity of popular multiplayer snake games with intense extraction gameplay, allowing up to 50 players to compete in real-time battles to collect noCHILL, outmaneuver opponents, and strategically withdraw their winnings. The upcoming High Roller Mode will introduce crypto wagering with $CHILL, raising the stakes for both casual players and high-level competitors. SOL Arena integrates the dynamic, community-driven Solana ecosystem directly into the game, where memecoin projects, NFT communities, and token holders unite under shared teams.

“Our vision is to merge casual gaming with degenerate memecoin activity and crypto network effects,” said James Au, CEO and Game Director of Chillchat, “to deliver an exciting new player experience that redefines the thrill of ‘winning’.”

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What’s Next? Token Launch and Mobile Play
Following the Challengers NFT mint in February 2025, SOL Arena’s next significant milestone is the launch of its ecosystem token, $CHILL, at the end of March.

The $CHILL token fuels SOL Arena’s in-game economy, allowing players to wager it in High Roller mode, or stake it to earn in-game rewards. Players can qualify for a $CHILL airdrop by playing the game and extracting noCHILL, or by holding Chillchat Origin or SOL Arena Challengers’ NFTs.

The official launch of the SOL Arena game, which will introduce new features such as Seasons, will include mobile versions for both iOS and Android available in mid-2025.

Join the SOL Arena Battles Now
SOL Arena is free to play now at solarena.io. Jump in, collect and extract noCHILL, and start climbing the leaderboards to secure your spot in the upcoming $CHILL airdrop.

For more on SOL Arena:
Website
Discord
X (Twitter)
Telegram

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About Chillchat
Chillchat is a Bangkok-based Web3 gaming studio dedicated to creating fun, accessible, and innovative blockchain-powered experiences. SOL Arena is the studio’s flagship title, merging traditional gaming fundamentals with real crypto stakes, all secured by Solana’s lightning-fast network. With an aim to pioneer the next generation of Web3 gaming, Chillchat invests in bold ideas that blend community engagement, financial incentives, and immersive gameplay.

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Blockchain Press Releases

Movement Labs Announces “GMove: Move Asia’s Future” APAC Tour Following Mainnet Launch

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SAN FRANCISCO, March 6, 2025 /PRNewswire/ — Movement Labs, a Web3 company and core contributor of the Movement Network, today announced the launch of its Asia Pacific tour: “GMove: Move Asia’s Future.” This comprehensive tour will connect developers, investors, influencers, and community members across 11 vibrant cities throughout the APAC region.

Led by Cooper Scanlon, co-founder of Movement Labs, the tour aims to ignite excitement, foster collaboration, and establish Movement as a key player in the Web3 ecosystem across Asia Pacific. The tour runs from March 18 to April 17, 2025, with flagship events in:

  • Taipei: March 18 – 21
  • Shenzhen: March 21 – 23
  • Chengdu: March 23 – 25
  • Shanghai: March 25 – 27
  • Hangzhou: March 27 – 29
  • Bangkok: March 29 – April 3
  • Ho Chi Minh City: April 3 – 5
  • Hanoi: April 5 – 7
  • Singapore: April 7 – 11
  • Seoul: April 11 – 14
  • Tokyo: April 15 – 17

“The APAC Tour will help bring together all the essential parts that make blockchain and our amazing Movement community  successful,” said Scanlon. “By connecting developers, investors, community builders, traders, government officials, and crypto enthusiasts across these vibrant markets, we’re creating the foundation for continued growth and innovation that will truly ‘Move’ Asia’s digital future!”

Each city will host a dynamic flagship event featuring networking, presentations, panel discussions with local community leaders, and developer pitch sessions. As the first major in-person event series following Movement’s Mainnet Launch, these gatherings will provide a platform for local developers to pitch their projects and connect with interested investors. Developers, investors, community organizers & creators can also look forward to the unveiling of Movement’s new Global Ambassador Program and Global Hubs Program for the first time during the tour.

Attendees will receive exclusive benefits available only through event check-ins, rewards, branded merchandise, and early access to Movement pioneering projects. The tour will be promoted through localized campaigns in Chinese, Korean, Japanese, and Vietnamese languages to ensure maximum engagement across all regional communities. Events will be listed on Luma, with registration now open for developers, startups, community members, and builders.

For more information about the Movement APAC Tour, including event registration details and sponsorship opportunities, please visit https://lu.ma/MovementAPACTour2025 and movementnetwork.xyz or follow @movementlabsxyz, @movementfdn, @moveecosystem  @Move_Collective on Twitter.

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About Movement Labs
Movement Labs develops the Movement Network, an ecosystem of Modular Move-Based Blockchains. The company is creating the first Move Virtual Machine for Ethereum, along with open-source tools to promote Move adoption across blockchains. Their platform enables developers to launch high-performance Move VM rollups easily, bridging Move and EVM ecosystems.

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