Blockchain
WapSwap: World’s First Chain Balancing Token on Binance Smart Chain & Polygon Chain Partners with CertiK
Melbourne, Australia–(Newsfile Corp. – December 1, 2021) – As the world of today needs a dynamic, more practical and a globally accepted financial system with complete transparency, WapSwap brings the first of its kind Chain Balancing Token on Binance Smart Chain & Polygon Chain Partners with CertiK. To simplify the things for its users, WapSwap has created a whole new Cross-Chain swapping protocol. It offers a dedicated system for various financial applications to manage the top blockchain networks. The system offers a Peer 2 Peer network of computers rather than being dependant on a central computer. By this chain balancing token system, integrated blockchains for cross-chain swapping can be created.
Unlike the old traditional system that was rigid and ambiguous, WapSwap is a one-stop for integrated blockchain building. It has various benefits over the traditional financial services. It is a lucid system that provides complete transparency throughout the network as the complete information about the distributed ledger about all the activities that have taken place on a blockchain network is available to everyone. This feature of using smart contracts and distributed systems makes the whole financial application or product simpler to understand and much less complicated than the traditional one. For instance, if two parties are looking to exchange cryptocurrencies or any of their digital assets, the Smart Contracts Digital Agreements offer a smarter, uncomplicated and more secure way to carry forward the finance.
Talking of security, the application has been audited by respected industry professionals like CertiK. These professionals are well aware of the security vulnerabilities of the platform and thus have produced a safer and more secure way of assets exchange.
How the Chainswap Services Work:
- Burning – The very first step towards a successful ChainSwap is the burning process. At this point, the amount of token to get swapped is inspected and permission is obtained to shift it on to the other specified chain using the ChainSwapToChain() Event.
- Interacting – When the required permission is obtained, the event is released further with the help of a signal transfer to notify the other chain about the amount specified from the first chain.
- Claiming – The tokens encountered from the initial chain block would need to be broadcasted to the other chain blocks for claiming the tokens.
- Minting – When all the previous steps are ascertained, the ChainSwapClaim() event is recorded into the destination chain.
Token Distribution Details –
Here is all the information regarding how the token value is distributed in various fields:
- 91% Farming and Staking
- 7.5% Liquidity for CEX and DEX
- 1% Promotion and Marketing
- 0.5% Operational Cost
- 0% Founders and Team
What To Know About Cross-Chain Swapping
Although the cryptocurrency market keeps swinging up and down, the digital assets can still be considered fruitful. It offers a modern way of investing and earning. However, in a condition when an investor possess tokens on one blockchain and is looking for another that is eligible on a different blockchain, cross-chain swapping can come for the rescue. In the other various platforms that offer cross-chain swap functionality, the total quantity of all chains may exceed the total and max supply, while with the WapSwap Chain Balancing Token, the protocol will maintain the total supply of tokens that are being integrated across different chains.
WapSwap – Objectives, Strategies and Roadmap
Since the commencement of WapSwap, the company has been planning and building up a team of professionals for the development of a versatile portal for cross-chain swapping. The platform has undergone various testing procedures for ensuring safety and security of use with the help of its security partners. The coming ventures of the company would include:
- Adding up of new liquidity pools
- New cross-chain integration for cross-chain swapping
- New projects will be introduced with strategic and fair launch pad
- Introduction of Android Wallet and IOS Wallet for swift and convenient transactions
- And much more …
Working in Partnership with Certik
A recognized security-focused ranking platform, CertiK is one of the proud partners of WapSwap in analyzing and monitoring crypto currency and blockchain process. CertiK has been in the industry since long conducting security audits using its formal Verification Technology. WapSwap ensures highest security assurance to its users with its resilient partnership with CertiK.
WapSwap Referral Program
Whenever a referred friend withdraws WAP tokens from either “Farms” or “Staking pools”, the initial investor is entitled to receive return from their friend’s earnings.
Contact and Social Information about WapSwap –
Telegram - https://t.me/WapSwapFinance
Twitter – https://twitter.com/WapSwapFinance
Facebook – https://www.facebook.com/WapSwapFinance
Reddit – https://www.reddit.com/r/WapSwapFinance
Medium – https://wapswapfinance.medium.com
YouTube – https://www.youtube.com/channel/UC7VKafPN8_FZANe_1jr9DLA
GitHub – https://github.com/WapSwapFinance
BitcoinTalk – https://bitcointalk.org/index.php?action=profile;u=3386497
Media contacts
Name: Mark Jackson
Company name: WapSwap Finance
Email: [email protected]
Website: https://wapswap.finance/
City: Melbourne, Australia
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106067
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
-
Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
-
Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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