WARSAW, Poland, Sept. 12, 2024 /PRNewswire/ — Flipster, a fast-growing crypto derivatives trading platform, is excited to announce the launch of Season 1 of its Spark Rewards Program. During the month-long program, users can earn loyalty points called Sparks through their trading activities, with multipliers on Sparks earned based on their USDT balance, culminating in a grand mystery prize reveal after the season ends.

The More Sparks, The Greater the Reward

Season 1 of the Spark Rewards Program is designed to reward Flipster’s most active and loyal users. Both new and existing users who have completed the identity verification process are automatically enrolled into the program, where they can start earning Sparks.

Users can earn Spark points automatically through their trading activities, with a multiplier applied on Sparks earned based on their average hourly USDT wallet balance. The more Sparks accumulated, the larger their share of the mystery prize pool, which will be announced after the end of Season 1.

A Mystery Prize Pool Awaits

Advertisement

Season 1 introduces an added layer of excitement with a mystery prize pool, where users with the highest Spark accumulation will have the opportunity to claim the largest prizes. While the specifics of the prize pool remain under wraps until the end of the season, it will be designed to reward the loyalty of Flipster’s users. Stay tuned for the reveal in October 2024.

How to Earn Sparks

Spark Rewards Season 1 runs from 12 September 2024 at 05:00 UTC to 12 October 2024 at 23:59 UTC. Throughout this period, traders can maximize their Sparks by actively trading and boosting their USDT wallet balances to rise up the leaderboard:

• Increase trading activity: Users earn 1 Spark for every 10,000 USDT trading volume.
• Boost Sparks with multipliers: Traders can multiply their Sparks by maintaining a higher USDT wallet balance:

• • ≥ 1,000 USDT: 1.5x Sparks
  • ≥ 10,000 USDT: 2x Sparks
  • ≥ 50,000 USDT: 3x Sparks
  • ≥ 100,000 USDT: 4x Sparks

• Calculation of Sparks: Every 10,000 USDT value traded * Multiplier

For example, a trader with a total trading volume of 100,000 USDT and a USDT balance of 50,000 would earn 30 Sparks (10 Sparks multiplied by a 3x multiplier).

For more information, please refer to the Spark Rewards Program page and Terms & Conditions.

About Flipster
Flipster is one of the fastest-growing crypto derivatives trading platforms, offering lightning-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens with high liquidity and zero trading fees. For media enquiries or interview requests with the team, please reach out to [email protected].

Advertisement

Photo – https://mma.prnewswire.com/media/2503909/image.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/flipster-launches-season-1-of-spark-rewards-boost-trades–usdt-balance-for-more-rewards-302246354.html

SINGAPORE, Sept. 12, 2024 /PRNewswire/ — Zilliqa, the established layer-1 blockchain platform that pioneered sharding technology, is excited to announce the launch of the Jasper proto-testnet for Zilliqa 2.0, the first release on its roadmap for its new, upgraded network designed to drive mass adoption of Web3.

This significant milestone sees the first Zilliqa 2.0 proto-testnet become available to the public, marking a crucial first step in the rollout of its new network, which promises to deliver an efficient and scalable blockchain designed to make Web3 as easy to use as the internet. The release of Jasper is the first step on the roadmap for Zilliqa 2.0, each of which will see the network expanded with further functionality according to the protocol’s whitepaper.

The Jasper proto-testnet introduces Zilliqa 2.0’s new Proof-of-Stake consensus mechanism, which delivers lightning-fast transactions at low cost, all while remaining energy efficient and capable of scaling to the needs of businesses and developers globally. This early version of the Zilliqa 2.0 network allows developers and validators to explore the new network’s enhanced capabilities and experiment with running a validator node and earning rewards for helping to secure the network.

The proto-testnet offers other foundational features such as EVM (Ethereum Virtual Machine) compatibility and support for Scilla smart contracts, and the network will continue to undergo active development as work progresses on Zilliqa 2.0. The Zilliqa tech team will work closely with developers and validators to discuss their feedback and mitigate the impact of any bugs or downtime they encounter when testing this early, proto-testnet version of the Zilliqa 2.0 network.

Future milestones include the release of the Zilliqa 2.0 mainnet and the progressive introduction of features such as x-shards and smart accounts, which will deliver unprecedented customisation and accessibility.

Advertisement

A core feature of Zilliqa 2.0’s design is to be able to adapt to the scaling and security needs of the applications running on it, allowing businesses and developers to build on a platform that works for them while being seamlessly integrated with the global Web3 ecosystem and audience. Zilliqa 2.0’s simplicity and powerful customisation positions it as the ideal white-label solution for businesses looking to leverage the benefits of Web3.

Whether a company or developer wants to launch their own digital assets, build decentralised applications (dApps), or create new digital experiences, Zilliqa 2.0 will provide the infrastructure to do so efficiently and at scale.

Commenting on the release of the Jasper proto-testnet for Zilliqa 2.0, Zilliqa Head of Research Zoltan Fazekas said:

“This launch marks a significant step forward in realising our vision for Zilliqa 2.0. The Jasper proto-testnet is not just a test environment – it’s the beginning of a new era in blockchain technology, where speed, efficiency, and user-friendliness converge. We invite developers and businesses to join us in exploring the possibilities of this groundbreaking network.”

With the launch of Jasper, Zilliqa is calling on potential new validators worldwide to onboard and test the network as pioneers of Zilliqa 2.0. This is an opportunity to play a key role in the future of the network and earn sustainable rewards by contributing to its security and resilience. Developers and potential validators are encouraged to read the docs for Zilliqa 2.0 to get started with the Jasper proto-testnet.

Advertisement

About Zilliqa

Zilliqa is the industry-recognised layer-1 blockchain founded in Singapore in 2018. The blockchain serves as a versatile foundation that facilitates a broad array of Web3 applications and services across a multitude of sectors including luxury and entertainment, providing a robust platform for emerging startups and established enterprises alike.

The next evolution of the network, Zilliqa 2.0 offers a user-centric and customisable layer 1 infrastructure  designed to drive the mass adoption of Web3. Currently rolling out testnet with the mainnet launch in Q4’2024.

For more information, visit roadmap.zilliqa.com.

View original content:https://www.prnewswire.co.uk/news-releases/zilliqa-launches-jasper-proto-testnet-for-zilliqa-2-0–the-blockchain-built-for-mass-adoption-302245727.html

Advertisement

SINGAPORE, Sept. 11, 2024 /PRNewswire/ — HTX Ventures and HTX DAO showed strong engagement during the Korea Blockchain Week 2024 (1-7 September) .Through exclusive side events and engaging panel discussions, HTX Ventures and HTX DAO demonstrated their thought leadership in blockchain investments and AI innovation, connecting with influential partners and driving forward the industry’s most critical conversations.

As a leader in the Web3 space, HTX Ventures seized the opportunity to showcase its pioneering investment strategies, showing strong interests in prominent sectors like BTCFi, SocialFi, and decentralized AI. At the VIP private dinner hosted by HTX DAO on 3 September, an elite audience of trading firms, institutional clients, and key partners facilitated networking and potential future collaborations. Similarly, HTX Ventures’ private dinner on 5 September garnered strong interest from new and existing partners, reaffirming their influence in shaping the venture capital landscape in Web3.

Other events include “Entertainment Reimagined” Web3 entertainment side event with Fellaz and TRON on 4 Sept, Ecosystem Global Meet-up on 5 Sept, AI Crypto Summit, a Web3 conference on AI and blockchain, on 5 Sept, and several after parties.

Insights on Promising Sectors

Representing HTX Ventures, Managing Partner Edward delivered his insights on the evolving landscape of Web3 investments during several panel discussions.

Advertisement

On 4 September, during the “Navigating Investment in Web3, Tech, Narrative, or Fomo?” panel hosted by DFG,  Edward highlighted key investment trends, noting the success of the meme sector, BTCFi innovations, and promising areas such as SocialFi, AI, and DePIN.

“The meme sector has performed remarkably well in this cycle. Attracting funds through memes and subsequently launching utility-driven products is one of the strategic paths that ecosystem developers and project teams are pursuing this cycle.” Edward said, “BTCFi, based on the BTC ecosystem this year, is also one of HTX Ventures’ key areas of interest. As an innovation track in 2024, the BTC ecosystem is witnessing various innovations, and we anticipate even more developments in this field. SocialFi projects, AI, and DePIN are also sectors that we are closely monitoring.”

Speaking from a broader market perspective, Edward particularly mentioned BTC and ETH ETFs. “The entry of BTC and ETH into the ETF era is poised to significantly alter the dynamics of the cryptocurrency market, bringing in more investors and capital while also potentially introducing greater regulation and market manipulation.”

How HTX Ventures Helps Portfolio Companies

At the MKGA Summit, Edward expanded on HTX Ventures’ strategies for supporting its portfolio companies. HTX Ventures provides a full service for its portfolio companies, including: fundraising support, world-class mentorship, listing opportunities, strategic networking, and global market entry.

One example is BounceBit, a portfolio company that has benefited from HTX Ventures’ extensive resources. “We connected BounceBit with projects across our portfolio, extended their global outreach, and provided in-depth research reports and marketing support, including Twitter space collaborations and events,” Edward explained. “We believe in supporting innovative projects like BounceBit for the long run.”

Advertisement

There are certain things that HTX Ventures looks into when investing in a company, and one of the most important things is the product. Edward said, “HTX Ventures now focuses more on the product and the team itself. Through financial and resource support, HTX Ventures aims to help teams develop genuinely innovative products that serve a large number of crypto users, which is our long-term investment goal.”

Embracing AI in a Decentralized Manner

HTX Ventures is also at the forefront of integrating AI with blockchain technology. On 5 September, Zhao Lei represented HTX Ventures at the AI Crypto Summit’s panel discussion on “The Rise of Autonomous Agents in DeFi & CeFi”. She underscored the transformative potential of decentralized AI, which leverages blockchain for transparent decision-making and enhanced security.

“Our investment arm and exchange have supported several high-potential projects involving decentralized AI from early on. One example is Fetch.ai. Their platform runs AI agents that can conduct transactions and other economic activities,” she said.

Conclusion

Advertisement

The active participation in the plentiful activities showcased HTX Ventures’ and HTX DAO’s commitment to keep building the industry, as well as the great emphasis they put on the Korea and Asia markets.

As the global investment arm of HTX, HTX Ventures is actively seeking high-potential investment opportunities around the globe including key areas like Korea, offering investment and ecosystem support to help innovative startups in the region grow. By staying ahead of market trends and actively supporting innovative projects in key sectors, HTX Ventures is solidifying its position as a driving force in the global blockchain and AI landscape. With the side events, HTX Ventures built a stronger connection with the industry professionals and the local community, opening a new way for more collaboration opportunities.

About HTX Ventures

HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.

HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.

Advertisement

Feel free to contact us for investment and collaboration at [email protected]

Photo – https://mma.prnewswire.com/media/2503158/image_838145_60141661.jpg
Photo – https://mma.prnewswire.com/media/2503159/image_838145_60141724.jpg
Logo – https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-and-htx-dao-lead-web3-investments-and-innovation-discussions-at-korea-blockchain-week-2024-302245488.html