Blockchain
Polygon and Orbs Launch New DeFi.Org Accelerator Program
Tel Aviv, Israel–(Newsfile Corp. – May 18, 2022) – Polygon, the leading blockchain development platform offering sustainable Web3 infrastructure, is accelerating its growth across decentralized finance. Polygon explores exciting opportunities with DeFi.org, a community-led decentralized finance accelerator, and Orbs, a Layer 3 blockchain infrastructure project.
Polygon and DeFi.org announced the launch of a new DeFi accelerator program. It is a special round for the DeFi.org team as the focus shifts to projects incorporating key technologies and infrastructure. this round will see the development of projects using Polygon’s L2 capabilities and Orbs’ L3 infrastructure.
Focusing on Layer 2 + 3 DeFi applications is the next step for builders passionate about developing on Ethereum. The network has a substantial technology stack to tap into. Polygon provides the scalability Ethereum needs, and Orbs introduces smart contract enhancement in ways not possible before. DeFi applications leveraging Ethereum’s security, Polygon’s scaling, and Orbs’ layer 3 capabilities will be at the frontier of next-generation decentralized finance innovation.
All DeFi.org accelerator round participants are required to build on Polygon. However, those that pay attention to utilizing Orbs’ L3 infrastructure will be subject to special consideration. Orbs offers a dedicated L3 enhancement layer operating in conjunction with EVM-based L1s and L2s. Moreover, it enriches any EVM smart contract’s capabilities, introducing more opportunities for exotic ideas.
Participants in this upcoming DeFi.org accelerator round will receive various benefits, including funding opportunities, mentorship, and market exposure. Additionally, DeFi.org will provide a liquidity injection for promising projects and a feature on the DeFi.org website and other selected venues on launch.
Teams and developers can submit their projects to the DeFi.org accelerator today using the Application Form or email to [email protected]. Anonymous applications are welcome, although they will be reviewed carefully.
All participation is subject to the DeFi.org accelerator T&C, found here.
About Polygon
Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 19,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.
Website | Twitter | Ecosystem Twitter | Developer Twitter | Studios Twitter | Telegram | LinkedIn | Reddit | Discord | Instagram | Facebook
About DeFi.org
The DeFi.org accelerator is dedicated to supporting research, development of open-source software, and community engagement sponsored by the Orbs project. The accelerator looks for projects that are built on the principles of fair distribution, community ownership, innovation, responsible approach to risk, sustainable economics and composability with the broader ecosystem.
Participants get a variety of benefits, including mentorship, funding opportunities, and market exposure.
Learn more at https://defi.org/
About Orbs
Orbs is a public blockchain infrastructure executed by a decentralized network of permissionless validators using Proof-of-Stake (PoS) consensus.
Orbs’ unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes, allow it to be set up as a separate execution layer (“L3”) operating to enhance the capabilities of EVM smart contracts. By working in conjunction with other L1 and L2 solutions as part of a tiered blockchain stack, Orbs opens up a whole new spectrum of possibilities for DeFi, NFT, Metaverse and GameFi.
For more information, please visit the website, or join the communities below.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124529
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
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Blockchain
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