Blockchain Press Releases
EMURGO and Zilliqa Group Announce Collaboration to Enhance Interoperability Between Cardano and Zilliqa
EMURGO connects the Zilliqa ecosystem to the Cardano ecosystem through a variety of interoperability and economic security-focused initiatives.
SINGAPORE, Sept. 17, 2024 /PRNewswire/ — EMURGO, a blockchain technology company that facilitates commercial adoption of the Cardano blockchain, today announced a strategic partnership with the Zilliqa Group, a Web3 and metaverse venture builder for the luxury and entertainment industries that leverages leading-edge Web3 technologies across its ventures, including the Zilliqa blockchain. The partnership focus extends beyond interoperability between the Cardano and Zilliqa blockchains and will also include mutual collaboration in the following areas:
- Enhance network interoperability and user flow between both ecosystems.
- Strengthen the economic security of respective networks by bolstering interoperable liquidity channels.
- Leverage Cardano-related Web3 technologies provided by EMURGO, including stablecoins and headless wallet infrastructure to apply to the tokenization of luxury assets on Zilliqa.
- Support Cardano’s distributed governance by joining and participating in Intersect’s community-led initiatives.
As part of this strategic collaboration, Zilliqa Group will join Intersect (Cardano governance member-based organization), and become a part of Cardano’s globally distributed community in helping to shape Cardano’s governance processes.
- A strategic bridge will also be implemented between the Zilliqa and Cardano protocols to enhance the Web3 user experience by improving interoperability.
With over 68 million transactions processed and 4.7 million wallets registered on the network, Zilliqa is an established layer-1 blockchain with a thriving and dedicated community of builders. The upcoming launch of Zilliqa 2.0 will supercharge its technical capabilities, bringing ultra-fast finality and the ability to confirm blocks in just five seconds while offering customizability and accessibility through smart accounts and x-shards.
EMURGO COO Nikhil Joshi said, “This collaboration with Zilliqa underscores EMURGO’s commitment to enhancing interoperability with the Cardano ecosystem and supporting the diversification of its community-driven governance. We are pleased to work with an established blockchain network across the usage of our solutions and bridge Zilliqa into the Cardano ecosystem to further strengthen liquidity and adoption for the benefit of users and developers.”
Zilliqa Group CEO Max Kantelia said: “Partnering with EMURGO and the Cardano ecosystem represents a major step forward in our mission to build a more inclusive, scalable, and accessible blockchain future. By focusing on interoperability, we ensure that users and apps across both the Zilliqa and Cardano networks benefit from enhanced liquidity, governance, and shared innovation. This collaboration is a powerful reminder that the future of blockchain is a collaborative effort, and we’re excited to be at the forefront of this cooperative approach to Web3.”
These steps demonstrate that the bridge between the Zilliqa and Cardano networks is not just a technical step towards greater interoperability, but marks a shift in Web3 mentality that puts distributed blockchain governance and the user experience first.
About EMURGO
EMURGO is a blockchain technology company and a founding entity of the Cardano blockchain that provides products and services to drive the adoption of Cardano’s Web3 ecosystem. Originally established in Japan, EMURGO exists to facilitate commercial growth of the Cardano ecosystem and unlock the full potential of the ecosystem through partnerships, investments, education, and infrastructure development.
To connect and learn more, visit https://emurgo.io.
About Zilliqa Group
Zilliqa Group is a Web3 venture builder with entities focusing on innovating the luxury and entertainment industries, embracing a federated leadership model that allows entrepreneurs to concentrate on innovation and rapid execution. Zilliqa Group ventures include the Zilliqa layer-1 blockchain, metaverse and spatial web provider MetaMinds, music tokenisation platform TokenTraxx, and Web3 gaming company Roll1ng Thund3rz.
Zilliqa is an industry-recognised layer-1 blockchain that provides a robust platform for developers and enterprises. The pioneering blockchain platform aims to drive the mass adoption of Web3 through its upcoming, user-centric Zilliqa 2.0 network upgrade. Currently rolling out testnet with the mainnet launch in Q4’2024. Join early developers and validators in testing the network at https://roadmap.zilliqa.com.
To connect and learn more, visit https://www.zilliqa.group.
Disclaimer
You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by EMURGO to invest.
View original content:https://www.prnewswire.co.uk/news-releases/emurgo-and-zilliqa-group-announce-collaboration-to-enhance-interoperability-between-cardano-and-zilliqa-302250247.html
Blockchain Press Releases
$CATI and $HMSTR Set to List on Bybit: Expanding the TON Blockchain Offerings
DUBAI, UAE, Sept. 19, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to remind its community about the upcoming listings of $CATI and $HMSTR. These tokens, native to the popular Telegram-based games Catizen and Hamster Kombat, respectively, are set to join Bybit’s growing list of innovative projects on the TON Blockchain.
Explore the Worlds of $CATI and $HMSTR
$CATI is the driving force behind Catizen, a blockchain-powered virtual cat city where players can earn $CATI through immersive gameplay and in-game activities. Meanwhile, $HMSTR fuels Hamster Kombat, a fast-growing Telegram mini-game that’s capturing the attention of crypto enthusiasts worldwide. Both games offer a unique Tag-to-Earn feature, rewarding users for tagging specific in-game elements, which adds a new layer of engagement to the gaming experience and helps grow their communities.
“We’re thrilled to welcome $CATI and $HMSTR to the Bybit family. These innovative projects represent the future of the TON ecosystem, and we’re proud to provide our users with the opportunity to participate in their growth,” said Emily Bao, Head of Spot Market and Web3 at Bybit. “Bybit’s commitment to supporting promising projects and fostering a vibrant trading environment remains unwavering.”
Trade $CATI and $HMSTR on Bybit
Bybit provides a secure and reliable platform for trading, offering users peace of mind with its strong emphasis on security. In addition to security, Bybit offers early access to promising projects such as $CATI and $HMSTR, giving its users the chance to engage with emerging communities within the growing blockchain gaming space. These listings highlight Bybit’s ongoing commitment to supporting innovative projects on the TON Blockchain.
Key Dates to Watch:
$CATI
- Spot Pre-Market: https://www.bybit.com/en/trade/spot/pre-market/detail?token=CATI
- Perpetual Pre-Market: https://www.bybit.com/trade/usdt/CATIUSDT
- Official Spot Listing: September 20, 2024: https://www.bybit.com/en/trade/spot/token-splash/detail?code=20240913045655
$HMSTR
- Spot Pre-Market: https://www.bybit.com/en/trade/spot/pre-market/detail?token=HMSTR
- Perpetual Pre-Market: https://www.bybit.com/trade/usdt/HMSTRUSDT
- Official Spot Listing: September 26, 2024: https://www.bybit.com/en/trade/spot/token-splash/detail?code=20240918061036&ref=ARRQOO
#Bybit / #TheCryptoArk
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 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
For updates, please follow: Bybit’s Communities and Social Media
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View original content:https://www.prnewswire.co.uk/news-releases/cati-and-hmstr-set-to-list-on-bybit-expanding-the-ton-blockchain-offerings-302253345.html
Blockchain
MultiversX and Helios Staking Join Hands For Web3 Collabathon; Unveil Helios Connect dApp for Unified Cross-Chain Identity Management
MultiversX (EGLD), the leading internet scale blockchain known for its sharding technology, announced its support to the Helios Collabathon conducted by Helios Staking, to redefine product building through an effort of collaboration over competition. Jointly supported by the MultiversX Foundation, Hatom, XOXNO, and the Injective Foundation, the first-of-its-kind Collabathon brought together 14 top-level Web3 builders from across the world with skills ranging from coding to marketing and business development, to solve pressing industry challenges related to singular user identity across multiple blockchains.
With a background in building 11 different companies and winning 15 hackathons, the Collabathon’s participants deployed a fully-functioning MVP of Helios Connect in 8 days, with a clean interface and Smart Contracts deployed on mainnet on both the Injective and MultiversX blockchains. Simultaneously, all content and related documentation were posted to ensure the product has visibility and is usable afterwards, resulting in Helios Connect acquiring active users already.
As a fully open-source product, Helios Connect is a groundbreaking cross-chain wallet verification and identity dApp, allowing users to create a singular, unified identity across multiple blockchains, addressing a significant challenge of User Fragmentation in the decentralized ecosystem. By simplifying and securing identity management, Helios Connect is poised to become a building block for a plethora of applications that strengthen connections between different ecosystems.
Alongside building the product, the Collabathon hosted networking events and four workshops, hosted by Robert Sasu (Core developer of MultiversX), Joan (Product Manager of Injective Labs), Alex Radu (CEO of Astrarizon), and Sergi & Jose (Founders of Moonlorian).
Robert Sasu, Core Developer of MultiversX, who supported the Collabathon on-site, shared his thoughts: “I am truly impressed by how much the team accomplished in just 10 days, proving how this Collabathon can bring viable products with real use cases to market whilst sparking innovation between communities.”
Kevin Lydon, Co-founder and Managing Director of Helios Staking shared his excitement: “The Helios Collabathon has proven to be a huge success, not only in achieving our technological goals but also in creating a spirit of collaboration. We are looking forward to developing the concept further and pushing the boundaries of what is currently thought possible.”
Open Source For The Community
In a commitment to supporting innovation, Helios Connect’s open-source feature paves the way for integrated cross-chain use cases, such as cross-chain identity management. This approach is designed to provide a platform where cross-chain products and services can grow and thrive, enabling the wider Web3 ecosystem to benefit from this cutting-edge technology.
Helios Connect will serve as a foundational tool that many applications can be built on top of, such as cross-chain governance applications, tax tooling, ticketing, an anti-scam scanner and more.
The MultiversX Foundation continues to support teams and initiatives that are at the forefront of innovation to accelerate blockchain adoption and ecosystem growth by creating meaningful products that benefit the entire Web3 ecosystem.
The post MultiversX and Helios Staking Join Hands For Web3 Collabathon; Unveil Helios Connect dApp for Unified Cross-Chain Identity Management appeared first on HIPTHER Alerts.
Soulbound — a Web3 livestreaming platform, will take center stage at TwitchCon 2024 in San Diego. The company will showcase how blockchain technology can transform the livestreaming experience for gamers, streamers, and developers. Backed by major investors including Animoca Brands, NGC Ventures, and Big Brain Holdings, Soulbound will introduce its groundbreaking platform to a global audience of gaming enthusiasts at this prestigious event.
TwitchCon, organized by a video livestreaming service Twitch, will be held on September 20-22, 2024. Known for celebrating all things gaming and streaming, TwitchCon is the perfect stage for Soulbound to demonstrate the power of decentralized technology. The platform aims to provide gamers and content creators with tools to connect, compete, and earn in a transparent and secure Web3 environment. Game studios can also benefit from access to an engaged Web3 gaming community, offering new ways to boost visibility and drive participation.
Soulbound’s Web3 livestreaming platform represents a significant leap in how content creators and gamers can interact with their audiences. Leveraging blockchain, Soulbound introduces features like stream-to-earn, an NFT sticker marketplace, and a prediction market, making users engage more deeply with the content while generating revenue. These blockchain-powered mechanisms create transparent and automated interactions and allow streamers to monetize their activities fairly and efficiently.
Through the platform’s bounty system, game developers can set up prize pools for streamers. Developers deposit funds into a smart contract, coming up with streaming challenges that incentivize participation. Bounty Hunters, or streamers, participate in these challenges over a set period, with rewards distributed based on audience size and time streamed. This transparent mechanism ensures that streamers are compensated proportionally, cultivating a fair and competitive environment.
With a unique prediction market feature viewers can place bets on games or individual players, which generates additional revenue for streamers. This option enhances viewer engagement while allowing streamers to boost their earnings in new, dynamic ways.
Soulbound’s appearance at TwitchCon 2024 in San Diego follows its successful participation at TwitchCon Europe, which was held at the Rotterdam Ahoy in Rotterdam, Netherlands, on June 29-30, 2024. The company’s presentation in Europe introduced thousands of gaming enthusiasts to the exciting possibilities of Web3 livestreaming, and the platform is now poised to capture even more attention in San Diego.
The post Soulbound to Unveil New Web3 Livestreaming Platform at TwitchCon 2024 appeared first on HIPTHER Alerts.
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