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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

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

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Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025

WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.

The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.

“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”

Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.

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About Compass Mining

Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.

Media Contact

BlocksBridge Consulting
[email protected] 

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Blockchain Press Releases

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.

For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.

For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.

“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,”  said Joan Han, Sales and Marketing Director at Bybit.

The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:

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  • Up to 10% cashback in USDT, BTC and ETH on eligible purchases
  • Zero fees for instant virtual card issuance
  • Zero annual or hidden fees
  • Up to 8% APY

Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!

#Bybit / #TheCryptoArk #theBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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

Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.

From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:

Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.

As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.

Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.

Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.

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#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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

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