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Powerledger Expands POWR Token to Multichain with Wormhole Integration cover
a day ago
Powerledger Expands POWR Token to Multichain with Wormhole Integration
Powerledger has successfully integrated Wormhole’s Native Token Transfers (NTT) standard, allowing its POWR token to function as a multichain asset. This integration marks a significant milestone, enabling POWR to exist natively on both Ethereum and Solana without the need for wrapped or synthetic tokens. By leveraging this approach, Powerledger aims to enhance user experience and maintain the authenticity of the POWR token across multiple blockchains. The decision to expand to Solana was driven by the desire to provide users with more flexibility and access to a high-speed, low-cost transaction environment, complementing Ethereum's robust DeFi ecosystem. The advantages of using Wormhole’s NTT over traditional bridging solutions are substantial. Unlike typical bridges that create wrapped versions of tokens, which can lead to liquidity fragmentation, Wormhole’s NTT allows POWR to be deployed natively on each blockchain. This ensures that the POWR token remains consistent across networks, preserving its integrity and value. Additionally, the NTT standard simplifies the user experience, allowing for seamless cross-chain transfers and reducing potential confusion among users regarding token versions. This unified approach enhances liquidity and pricing efficiency, making it a strategic choice for Powerledger as it looks to expand further into other blockchains. The collaboration with Wormhole not only enhances the POWR token's functionality but also aligns with Powerledger's mission to democratize access to energy markets globally. By enabling easy cross-chain transfers and providing users with the flexibility to choose their preferred blockchain, Powerledger is empowering its community. This multichain rollout is a testament to the potential of cross-chain innovation, showcasing how collaboration can lead to improved user experiences and greater adoption of blockchain technology in the energy sector. As Powerledger looks to the future, it remains committed to exploring additional networks while maintaining the high standards established through its partnership with Wormhole.
Deutsche Digital Assets and Safello Launch Bittensor Staked TAO ETP cover
a day ago
Deutsche Digital Assets and Safello Launch Bittensor Staked TAO ETP
Deutsche Digital Assets (DDA) has partnered with Safello to launch the Safello Bittensor Staked TAO ETP, which provides regulated exposure to Bittensor’s TAO token along with staking rewards. This new exchange-traded product (ETP) is set to debut on the SIX Swiss Exchange, a prominent venue for crypto ETPs in Europe. The launch aligns with the increasing availability of digital asset products in the market, following the introduction of BlackRock's Bitcoin ETP. Bittensor, recognized as a leading decentralized artificial intelligence (AI) project, continues to gain traction, particularly as major tech companies like Nvidia and Microsoft drive interest in AI tokens. The Safello Bittensor Staked TAO ETP, announced on October 29, 2025, is a collaboration that offers a physically backed Bittensor ETP to the growing market. This product will track the Kaiko Safello Staked Bittensor Index (KSSTAO) and is registered in Liechtenstein. Trading under the ticker STAO, the ETP is designed for seamless transactions during standard market hours. It is fully secured in cold storage by the regulated custodian BitGo Europe GmbH, ensuring that it holds 100% physical TAO reserves, which is crucial for investor confidence. Investors can expect total returns from both the appreciation of TAO’s price and staking yields, which will be automatically reinvested into the net asset value (NAV). With a total expense ratio (TER) of 1.49%, this ETP is positioned as an attractive option for portfolio diversification, especially as interest in AI-driven blockchain assets rises. Maximilian Lautenschläger, CEO of DDA, expressed enthusiasm about the collaboration, highlighting the strategic fit and the opportunity to bring innovative crypto investment strategies to market while adhering to regulatory standards. Safello’s CEO, Emelie Moritz, also emphasized the significance of this launch in promoting decentralized AI and reshaping future value creation through accessible investment vehicles.
Roam Team Launches Pilot Buyback Program for $ROAM Tokens cover
2 days ago
Roam Team Launches Pilot Buyback Program for $ROAM Tokens
In the ever-changing landscape of the cryptocurrency market, trading can prove to be a daunting task, particularly when external selling pressures influence token prices. To mitigate these challenges, the Roam Team has unveiled the Pilot Buyback Program, aimed at purchasing $ROAM tokens from the market to decrease the circulating supply. This initiative not only provides $ROAM token holders with a secure and transparent trading option directly with Roam but also allows participants to minimize their exposure to market fluctuations while maximizing transaction value. The Pilot Buyback Program offers several key benefits. Firstly, by repurchasing $ROAM tokens, Roam effectively reduces the circulating supply, which can enhance value concentration among dedicated holders and foster a stronger long-term relationship with the community. Secondly, the program enables users to sell significant amounts of $ROAM at a stable, predetermined price, insulating them from the volatility caused by other traders. Additionally, participants who opt to repurchase their tokens during the program can enjoy a 10% discount if the current market price exceeds their original trade price, further incentivizing engagement. Lastly, all buyback transactions are managed directly by the Roam Team, ensuring a secure and seamless process from initiation to settlement. To participate in the Pilot Buyback Program, users must follow a straightforward process. Initially, they should contact the Roam moderator on Telegram and provide essential information, including a referral code, the number of $ROAM tokens to sell, and their wallet address. Once the transaction details are finalized with a Roam team member, participants will send their $ROAM tokens to a designated address. After confirmation of receipt, the equivalent USDT will be transferred to the specified wallet. It is important to note that tokens sold will be subject to a two-week lock-up period before any repurchase requests can be made. This program is currently in a limited testing phase, and its rules may evolve over time.
Hivemapper Network Introduces Region-Based Staking for HONEY Tokens cover
3 days ago
Hivemapper Network Introduces Region-Based Staking for HONEY Tokens
The Hivemapper Network has introduced a new proposal for region-based staking, allowing participants to stake HONEY tokens in specific geographic areas to earn weekly rewards based on the activity in those regions. This innovative approach encourages stakers to commit to particular areas, rewarding them when those regions achieve significant mapping progress and real-world data consumption. Each week, 10% of global emissions, reallocated from MIP-22, will fund the staking pool rewards, which are distributed exclusively to regions with active stakes. The rewards are divided into two categories: 70% based on regional mapping progress and 30% based on actual network consumption, ensuring that resources are directed to areas generating genuine activity. The mechanics of region-based staking involve a soft cap for each region, preventing excessive concentration of stakes. The mapping progress pool rewards regions based on how much of their soft cap is filled, while the consumption pool allocates rewards based on actual HONEY burns from network usage. This dual approach not only incentivizes mapping contributions but also aligns the interests of stakers and mappers, fostering a sustainable ecosystem. Unclaimed rewards from inactive regions will be permanently burned, further promoting active participation and fair competition across all regions. Overall, region-based staking is designed to transform HONEY into a tool for active network participation, driving growth and sustainability within the Hivemapper ecosystem. By directing capital to high-potential regions and linking token value to real-world utility, this initiative aims to create a decentralized mapping network with committed participants. The community is encouraged to engage in discussions about this proposal on Hivemapper's Discord server, with feedback being collected until November 2, 2025, to refine the network's design and ensure its long-term success.
LunarCrush Reveals Top 10 DEPIN Projects by Social Activity cover
4 days ago
LunarCrush Reveals Top 10 DEPIN Projects by Social Activity
LunarCrush, an AI-driven platform that analyzes digital assets, has unveiled its ranking of the Top 10 Decentralized Physical Infrastructure Network (DEPIN) Projects based on social activity. This ranking considers metrics such as Engaged Posts and Interactions to gauge the popularity of various cryptocurrencies. Leading the list is Chainlink ($LINK), which boasts an impressive 8.7K Engaged Posts and 2.9 million Interactions, showcasing its dominance in the DEPIN space. Following closely is Bittensor ($TAO) with 8.4K Engaged Posts and 1.1 million Interactions, indicating a strong demand for both projects in the crypto market. In the third and fourth positions are Internet Computer ($ICP) and Zebec Network ($ZBCN), with 2.3K and 1.8K Engaged Posts, respectively. However, the difference in Interactions is significant, with Zebec Network outperforming Internet Computer by a margin of 244.6K, achieving 558.4K Interactions compared to Internet Computer's 313.8K. Additionally, XPIN Network ($XPIN) and Boundless ($ZKC) also made the list, with 1.6K and 1.4K Engaged Posts, and 202.7K and 56.0K Interactions, respectively, further illustrating the competitive landscape of DEPIN projects. Render ($RENDER) and Siacoin ($SC) are noted for their close engagement levels, with 1.4K and 1.2K Engaged Posts. However, Render significantly outshines Siacoin in Interactions, achieving 235.4K compared to Siacoin's 41.7K. Lastly, Walrus ($WAL) and Grass ($GRASS) secured the bottom two spots, each with 1.1K Engaged Posts, but differing in Interactions at 122.3K and 81.1K, respectively. This ranking highlights the dynamic nature of social engagement in the cryptocurrency sector, reflecting the ongoing interest and activity within these DEPIN projects.
Roam Launches Dynamic Difficulty Adjustment for Token Emissions cover
6 days ago
Roam Launches Dynamic Difficulty Adjustment for Token Emissions
Roam has officially launched its Dynamic Difficulty Adjustment (DDA), marking a significant evolution in its approach to token emissions. This innovative system will commence from the 20,000th burn cycle and will recalibrate emission difficulty every 1,000 cycles, which is roughly every 11.6 days. The DDA is designed to adapt scientifically to the dynamics of Roam's decentralized wireless network, ensuring that token emissions are closely aligned with actual network validation activities, referred to as Check-Ins. The DDA model draws inspiration from Bitcoin's difficulty adjustment but modifies it to suit Roam's unique ecosystem. Instead of relying on hashrate, Roam's system links token emissions directly to network validation. Each 1,000-cycle interval establishes a baseline "hashrate," allowing the emission rate to respond dynamically to fluctuations in network activity. During periods of steady validation, tokens are emitted at a standard rate. Conversely, if market conditions lead to a decrease in Check-Ins, the system automatically reduces token output to alleviate sell pressure and maintain price stability. As a crucial component of Roam's price protection framework, the DDA ensures that the tokenomics remain balanced and resilient throughout various market cycles. By aligning token emissions with genuine network activity, Roam fosters a self-regulating and adaptive economic model. This approach not only safeguards the long-term incentives of network builders but also enhances the sustainability of the open wireless ecosystem, ultimately benefiting all participants involved in the network.
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