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Blockchain Press Releases

AgentLayer APGN Sets a Record: US$1,600,000 Worth of Nodes Sold within One Day

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SINGAPORE, June 4, 2024 /PRNewswire/ — AgentLayer, a leading Ethereum Layer 2 blockchain and AI integration innovation platform, announced that its AgentLayer Premium Governance Node (APGN) sold 2000 nodes within one day of going on sale, with a total value of $1,600,000, setting a new sales record. This milestone not only highlights the strong interest and recognition of AgentLayer technology in the market but also further consolidates AgentLayer’s leading position in the decentralized AI ecosystem. AgentLayer is an innovative platform designed for the collaboration and coordination of autonomous AI Agents. Through its unique technology stack, including AgentChain, AgentOS, AgentLink, and AgentFi, it has built a complete decentralized AI ecosystem. This system provides powerful technical support and a development environment for AI developers, promoting the wide application and development of AI technology.

The APGN node plays a pivotal role in the AgentLayer ecosystem and is crucial for network security and governance. As holders of APGN nodes, investors will enjoy a series of exclusive benefits, such as generous $AGENT token mining rewards, advanced governance rights, and revenue sharing. In addition, they will have the opportunity to access advanced protocol and platform features ahead of time or exclusively, and participate in pre-sales and Initial AI Offerings (IAOs) of specific projects, thereby gaining more investment opportunities and returns. As a key component of the AgentLayer ecosystem, APGN plays a vital role in maintaining network security and promoting democratic governance. With limited node supply (only 20,000 nodes) and a dynamic pricing strategy, early participants are expected to achieve faster investment returns and higher earnings expectations.

The initial price for the APGN nodes is set at $800 USD. During the sales period, the first 3,000 nodes will maintain this price; after that, the price will increase by $5 USD for every 100 APGN nodes sold. Investors can purchase these nodes through the official sales website of AgentLayer at https://apgn.agentlayer.xyz/home. Along with the sales, a specific token release strategy will be implemented where 200,000 $AGENT tokens will be released daily to participating nodes during the first year, with the amount gradually reducing over time. Over a span of four years, this release will account for 15.5125% of the total supply. The payback period for purchasing nodes will be dynamically calculated based on the number of nodes already sold.

The good news of this sales figure not only highlights AgentLayer’s market influence and technical strength but also lays a solid foundation for the company’s future development. The equity investors of AgentLayer’s parent company, MetaTrust Labs, including Redpoint Ventures, Granite Asia (formerly GGV Capital), NGC Ventures, ByteTrade Lab, Hash Global Venture Capital, LongHash Ventures, Fellows Fund, SNZ Holding, Bing Ventures, ABCDE Capital, M23, UVM Signum Blockchain Fund, MEXC, Summer Ventures, and Woori Ventures, as well as strategic investors focused on decentralized AI such as aelf public chain, have fully participated in the ecological construction of AgentLayer and will hold the platform’s digital token $AGENT to jointly promote innovation and development in the field of artificial intelligence.

With the continuous development of artificial intelligence technology, the demand for decentralized AI ecosystems is also growing. AgentLayer stated that it will continue to be committed to promoting the integration of AI and blockchain technology, and through its Multi-Agent coordination network, unleash human creative potential and productivity. With the continuous sale of APGN nodes and the improvement of the ecosystem, AgentLayer is confident in providing AI developers with a more complete and powerful technology platform, bringing richer and more diverse financial products and service options to users. As APGN sales activities continue, AgentLayer is constantly consolidating its leadership position in the decentralized AI field. For more information or to participate in APGN node purchases, please visit the official website at https://apgn.agentlayer.xyz/home

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Guide to Purchasing AgentLayer Premium Governance Node (APGN)

FAQs

1. What is AgentLayer Premium Governance Node (APGN)?
APGN is a premium network participation node in the AgentLayer ecosystem. Holders will obtain enhanced governance rights, income sources, and exclusive service access.

2. What are the main functions of APGN?
APGN is a core component of the AgentLayer decentralized AI network, ensuring network security and promoting democratic governance. APGN holders can enjoy daily $AGENT token mining rewards, participate in exclusive protocol functions, and gain priority access to AI project presales and IAOs.

3. How to purchase APGN?
Visit the AgentLayer official website (agentlayer.xyz), use a supported wallet (such as OKX or WalletConnect) to connect to the designated blockchain network, enter a valid referral code (if any), select the number of nodes to purchase, and complete the payment process.

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4. Is there a referral program?
Yes, referrers can receive 10%-15% of USDT based on the total purchase amount of referred APGN. The reward varies based on the successful referral of APGN quantity. The reward is automatically processed at 00:00 UTC every day for claimed cashback, and return USDT to the Arbitrum chain.

5. How does APGN generate returns?
APGN holders receive daily $AGENT token rewards with a structured release plan over four years. Participation in presales and Initial AI Offerings (IAOs) adds additional income channels.

6. How does the price of APGN change?
The price of APGN is dynamically adjusted based on the number of nodes sold. The initial price is $800, and this price is maintained for the first 3,000 nodes. After that, the price will increase by $5 for every 100 nodes sold, until the supply cap is reached.

7. Is the supply of APGN limited?
Yes, the supply of APGN is limited to a total of 20,000 nodes.

8. Do I need special equipment or a server to run APGN after purchasing?
No. Currently, APGN is a virtual unit that does not require any hardware or server to operate.

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9. Can I transfer APGN to another wallet after purchasing?
No. Once purchased, APGN cannot be reassociated with another wallet.

10. How are daily mining rewards calculated?
Daily mining rewards are determined based on the size of the daily reward pool and the total number of sold nodes. The initial reward pool consists of 200,000 $AGENT tokens per day. Rewards are distributed at 00:00 UTC daily.

11. Supported blockchains?
Abitrum, Optimum, BSC, ETH Mainnet.

12. How can I seek help if I encounter problems during the purchase process?
If you encounter any issues during the purchase process, you can contact AgentLayer’s official customer service for more information.
Telegram:https://t.me/agentlayer
Discord:https://discord.gg/vZK7fCwp7d

13. Release Strategy?
Initial Release: 200,000 $AGENT tokens will be released as daily rewards for the first year from the purchase date for early investors.
Total Release: A total of 155.13 million $AGENT tokens will be gradually released over four years.
Release Schedule: APGN node tokens will be released according to the following schedule (total of 4 years):
In the first year, 200,000 tokens will be released daily, distributed evenly among participating nodes, totaling 20*365=73 million tokens.
For the next 18 months, 100,000 tokens will be released daily, distributed evenly among participating nodes, totaling 10*365*1.5=54.75 million tokens.
For the following 18 months, 50,000 tokens will be released daily, distributed evenly among participating nodes, totaling 5*365*1.5=27.375 million tokens.
The total release amount is 73+54.75+27.375=155.125 million tokens, accounting for 15.5125% of the overall token supply.

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14. Are there any lock-up periods for the tokens associated with APGN nodes?
No, there are no lock-up periods for the tokens associated with APGN nodes.

15. How long do I need to wait after purchasing an APGN node before I can see it in my dashboard?
You will need to wait for 60 seconds after purchasing an APGN node before it appears in your dashboard.

16. Which chain will the referral rewards be returned?
The referral rewards will only be returned to the ARB chain.

About AgentLayer
AgentLayer is an innovative decentralized artificial intelligence Layer 2 blockchain network specifically designed for the collaboration and coordination of autonomous AI Agents. It utilizes large language model (LLM)-driven generative AI technology, enabling AI Agents to make autonomous decisions and complete tasks, reducing reliance on human intervention. Through its advanced technology stack, including AgentChain (a decentralized, secure, and efficient blockchain network), AgentOS (an operating system designed for AI application development), AgentLink (the underlying communication protocol for Multi-Agent), and AgentFi (decentralized financial services), AgentLayer has constructed a complete decentralized AI ecosystem. This ecosystem not only provides AI developers with powerful technical support and a development environment but also offers users a rich variety of financial products and service options. AgentLayer’s vision is to drive innovation and development across various industries and professions through Multi-Agent collaboration.

Contact Information
For any questions or to learn more about AgentLayer, please contact us through the following channels:
Website || Twitter || Telegram || Discord
Website:https://agentlayer.xyz/
Twitter:https://x.com/agent_layer
Telegram:https://t.me/agentlayer
Discord:https://discord.gg/vZK7fCwp7d

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Blockchain Press Releases

Grexie Signchain Launches on November 1st, 2024: Enabling Smart Contract Developers to Bring Off-Chain Data On-Chain with Seamless Gas-Paid Signing

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Grexie Signchain enables developers to sign off-chain data into smart contracts, with self-hosted or secure vault signer wallet management.

MANCHESTER, England, Oct. 17, 2024 /PRNewswire/ — Grexie Limited proudly announces the launch of its innovative smart contract solution, Signchain, on November 1st, 2024. Designed specifically for developers, Signchain introduces a powerful way to bring off-chain data on-chain through user-paid gas fees and secure signing of data into smart contract methods using its extendable smart contract, Signable.

In the growing landscape of blockchain technology, securely managing off-chain data and integrating it into on-chain smart contracts has posed significant challenges for developers. Signchain eliminates these hurdles by offering a robust, gas-efficient system for signing and authenticating data in real-time.

Key Features of Signchain:

1. Seamless Off-Chain to On-Chain Data Integration
Signchain enables developers to securely bring off-chain data on-chain by signing it directly into smart contract methods through user-paid gas fees. This integration ensures that data authenticity is preserved, and its entry into the blockchain remains tamper-proof, streamlining processes for industries relying on real-world data verification. Signchain also supports integration with Google Sheets, AWS, and Firebase, making it easy to pull data from popular off-chain data sources.

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2. Extendable Smart Contract – Signable
The core of Signchain’s technology is its extendable smart contract, Signable, which allows developers to customize and build upon existing smart contracts. With Signable, developers can easily implement contract signatures for any data type, offering flexibility across industries from finance to logistics and beyond.

3. Signer Wallet Management
Signchain offers comprehensive signer wallet management as part of its service, empowering developers to manage and authenticate signers effectively. Wallets can either be self-hosted using Signchain’s Docker container for those who prefer their own infrastructure, or they can leverage Signchain’s network of secure vaults for maximum security.

4. Self-Hosted or Managed Service
For developers who want full control of their infrastructure, Signchain provides a self-hosted option via Docker containers, allowing them to deploy the platform on their own servers. Alternatively, developers can opt to use Signchain’s secure vault network, offering a hassle-free solution with enterprise-grade security and wallet management.

5. User-Paid Gas Fees
By integrating a user-paid gas fee model, Signchain allows users to cover the costs of signing and authenticating their data, ensuring the signing process is efficient and doesn’t overburden developers with additional expenses. This makes Signchain an ideal solution for dApps and platforms handling high transaction volumes.

6. Google Sheets, AWS, Firebase Integration with Serverless Model
Signchain supports integration with Google Sheets, AWS, and Firebase in a serverless model, powered by a hosted Sign In With Ethereum (SIWE) implementation provided by Signchain’s API. Developers can simply connect their Google Sheets and configure the contract parameters associated with each column. Signchain will automatically look up the user’s wallet address in the spreadsheet, sign the transaction data, and execute it in the blockchain along with any user-supplied parameters. This creates an easy, efficient way to manage data inputs from off-chain sources without heavy infrastructure setup.

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Revolutionizing Smart Contract Workflows

With Signchain, developers now have the tools to handle the complexities of integrating off-chain data into smart contracts. The extendable nature of Signable offers flexibility, allowing developers to cater to various use cases, whether it’s automating financial transactions, supply chain data, or verifying legal agreements.

Tim Behrsin, CEO of Grexie Limited, said, “Signchain is more than just a signing solution—it’s a platform that empowers developers to securely integrate off-chain data into their smart contracts with minimal effort. The flexibility of Signable and our focus on signer wallet management offers developers control and security at every stage of the process.”

Why Signchain Matters

Signchain addresses critical challenges faced by developers, particularly those dealing with off-chain data. By signing data into smart contracts and enabling user-paid gas fees, the platform significantly reduces friction in managing secure, scalable smart contracts. Whether developers need to manage high volumes of data transactions or create bespoke smart contracts, Signchain offers a scalable and secure solution.

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In industries like DeFi, real estate, and supply chain management, data integrity and security are paramount. Signchain’s secure vault network and customizable signing workflows allow businesses to handle sensitive information with confidence.

Launch Event and Future Developments

The official launch of Signchain will take place on November 1st, 2024, alongside a virtual event. The event will showcase live demonstrations of Signable, with detailed walkthroughs of the Docker-based self-hosted solution and signer wallet management features. Attendees will also get an exclusive preview of future enhancements, including multi-signature workflows and advanced blockchain network integrations.

About Signchain

Signchain is a cutting-edge platform developed by Grexie Limited, based in Manchester, Cheshire, United Kingdom. Signchain simplifies smart contract development by offering a secure, scalable, and customizable solution for signing and authenticating off-chain data on-chain. Developers can either self-host the solution using Signchain’s Docker container or rely on the network’s secure vault infrastructure. With an emphasis on security, flexibility, and developer experience, Signchain is set to transform how smart contracts handle off-chain data.

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For more information, visit signchain.net.

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SOURCE Grexie Limited

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Blockchain Press Releases

Bybit Named ‘Best Blockchain Company of the Year’ at Future Enterprise Awards 2024

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DUBAI, UAE, Oct. 17, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, proudly announces its recognition as the “Best Blockchain Company of the Year” at the Future Enterprise Awards 2024, organized by Tahawul Tech. This prestigious accolade affirms Bybit’s continued leadership in blockchain innovation, technological excellence, and user-centric services within the cryptocurrency sector.

Hosted by CPI Media Group, the Future Enterprise Awards honor visionaries across industries shaping the future through transformative technologies. Bybit’s recognition reflects its pivotal role in redefining the digital finance landscape, catering to the needs of both retail and institutional investors with robust solutions and a trusted crypto trading ecosystem.

Recognized for its state-of-the-art infrastructure and unwavering commitment to innovative products, Bybit has positioned itself as a trailblazer in advancing blockchain technology and the digital asset economy. This award highlights the exchange’s ongoing efforts to deliver top-tier security, liquidity, and innovative tools that empower users and institutions alike.

“This award is a testament to our team’s relentless drive toward innovation and customer-first solutions in the dynamic blockchain space. We are honored to receive this recognition, which reaffirms our mission to make blockchain technology accessible, secure, and impactful for users across the globe,” said Joan Han, Sales & Marketing Director at Bybit. “As we move forward, we remain dedicated to enabling the mass adoption of blockchain and building the future of digital finance.”

Bybit’s commitment to advancing cryptocurrency services is evident through its continuous introduction of innovative features, such as high-performance trading tools, enhanced liquidity options, and a secure, user-friendly platform. With over 50 millions of users worldwide relying on Bybit, the platform stands as a trusted leader in creating a sustainable and inclusive future for blockchain technology.

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#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides 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.

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

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

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Blockchain

DNA Fund Acquires Coral Capital; Adds $50M AUM in Web3 & Emerging Tech

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2024-DNA Fund, the Financial Institution of the future in high-ticket emerging tech and web3 investments, has announced its acquisition of Coral Capital Holdings LLC, an established investment management firm that has previously managed millions in the DNA founders’ personal funds.

As early-stage investors in established Web3 brands and founders of some of the sector’s most notable projects, DNA and its founders have invested in or founded projects such as Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph. The acquisition will see the DNA Fund manage an additional AUM of over $50 million, which includes Coral’s high-yielde hedge funds and venture funds focused on DeFi, Al, blockchain, and other emerging technology sectors. Some of Coral’s top-performing investments include Near Protocol and Atmos Labs.

Thomas L. McLaughlin, Coral’s Chief Investment Officer, will continue in his role, managing the funds with a unique focus and strategy aimed at maximizing investor returns.

Regarding the acquisition, Christopher Miglino, CEO of DNA Fund, said. “By bringing Coral Capital under our umbrella, we are not only expanding our investment capabilities but also enhancing our ability to offer unique, high-growth opportunities to our clients. Our combined expertise allows us to navigate the complexities of the digital asset landscape and continue delivering value to our investors.”

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Thomas L. McLaughlin, CIO of Coral Capital Holdings, added, “Joining forces with DNA Fund is an exciting new chapter for Coral. Our shared vision for leveraging technology to drive financial growth is perfectly aligned. Together, we are set to redefine what’s possible in digital asset investments and deliver superior results for our investors.”

Since its inception in 2021, Coral has delivered consistent returns with innovative strategies, delivering high multiples on the benchmark of the overall market cap of digital assets. Coral’s Flagship fund, initially started as a market-neutral vehicle, was rebranded in 2023 as a discretionary liquid token, surviving a number of high-volatility events, including FTX and Terra.

With a 61.6% return (net of fees) and a maximum annual drawdown of only 11.6% in FY 2022. these funds have outperformed the broader digital asset market. Over a similar period, Bitcoin returned 36.7%.

Through this acquisition, DNA Fund also aims to capitalize on the growing interest from institutional investors and expand into several new verticals over the coming year, including a Bitcoin & Ether Yield Fund, as well as more speculative funds focused on Al, memecoins and microcaps.

The post DNA Fund Acquires Coral Capital; Adds $50M AUM in Web3 & Emerging Tech appeared first on HIPTHER Alerts.

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