245 days ago • cryptodaily
Core Quickswap Members Launch 50x Leverage on Kava Chain
Georgetown, Cayman Islands, August 30th, 2023, Chainwire
Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges.
Kinetix's innovative Perpetual Market allows users to leverage trade on the Kava Chain. The Perpetual Market meets the rising demand for decentralized trading solutions, offering users leveraged exposure to crypto assets like KAVA, axlETH, axlWBTC, ATOM, and USDt all while ensuring utmost transparency and security.
"The Perpetual Market is not just another trading platform — it is a reflection of Kinetix's dedication to providing decentralized solutions that empower our users. With this platform, we're offering a unique, secure, and efficient way to leverage trade on the Kava Chain," said Kinetix team lead Alexi Atlas.
At the heart of Kinetix's Perpetual Market is the distinctive liquidity pool system, KLP. LPs can offer any of the initial five supported assets: KAVA, axlETH (ETH), axlBTC (BTC), ATOM, and USDT. In return for contributing these tokens, participants receive KLP, a special liquidity token representing the entire basket. This decentralized structure, combined with the protocol's AMM, facilitates leverage trading, allowing users to borrow based on the value of their collateral.
“Kinetix's Perpetual Market boasts a suite of features tailored to cater to sophisticated DeFi users. Its decentralized nature guarantees that positions of any size can be taken with clarity and safety,” said Scott Stuart, Kava Chain Co-founder. “And the KLP token is a nod to traditional liquidity pool systems, ensuring familiarity and ease of use for traders.”
For more updates, follow Kava Chain and Kinetix Finance on X (fka Twitter).
About Kava
Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide.
About Kinetix
Kinetix Finance is building a DeFi Hub featuring perpetual futures trading and the most sophisticated trading instruments on Kava, connecting the major building blocks of decentralized finance. Your best trade, every trade.
Contact
Media ManagerGuillermo [email protected]
254 days ago • cryptodaily
ChainGPT is Launching Solidus AI Tech, the Web3 Infrastructure as a Service Provider
A new generation of blockchain-based projects have begun to ascend into the crypto industry, ChainGPT is there to provide them with the necessary support and tooling to help them succeed.
ChainGPT, the leading AI Infrastructure provider for the crypto, blockchain, and Web3 industry is bringing one of its most promising incubation projects to the public. After months of careful planning, diligent development, and community building, Solidus AI Tech will be taking its next step into Web3 and launching its $AITech IDO on the ChainGPT Pad .
With their world-class team, mesmerizing website, incredible network of connections, and rock-solid plan of action, Solidus AI Tech is ready to bring its products to market and become an active player in the digital economy!
What is Solidus AI Tech?
Based in Europe, Solidus AI Tech is an IaaS (infrastructure as a service) company that is solving some of the most prevalent, fundamental issues plaguing the digital economy; namely the demand for computational infrastructure. Building out their own 8,000-square-foot facility to house hardware that has been wired with their proprietary algorithms that improve computational costs and efficiencies. In tandem to the physical infrastructure, they are tapping into their resources to provide a full stack of cutting-edge Web3 infrastructural software solutions including Artificial-Intelligence-as-a-service (AIaaS), Blockchain-as-a-Service (BaaS), High Performance Computing power (HPC), and an Artificial Intelligence marketplace.
What does AI Tech Provide?
As an infrastructure services company, Solidus AI Tech is providing a suite of four core services that can be used by companies, institutions, and even governments as a foundation to build sustainable digital systems. From metaverse to CBDC to gaming and beyond this is what AI Tech is providing:
AIaaS - Artificial-Intelligence-as-a-serviceArtificial intelligence is the frontier of mankind's intellectual flourishing. Considered to be just as, if not more important a technological revolution as was the steam engine, AI has become the building block for new technologies promising to improve the lives of people around the world. Solidus AI Tech has neatly wrapped up a turnkey solution to jumpstart the integrations and implementations of AI into a broad range of applications.
BaaS - Blockchain-as-a-serviceBuilding blockchains from scratch is an extremely tedious, long, and resource-intensive (labor and capital) process. Building quality blockchains that can satisfy the security and operational demands of sensitive, high-value operations if even more arduous. Solidus AI Tech is extending its intelligent blockchain designs for any imaginable use case.
HPC - High Performance ComputationThe demand for computation continues to grow alongside the world’s population that is coming online and new energy-dependent solutions are introduced into society. Solidus AI Tech provides computation for the most intensive use cases across a multitude of industries.
AI MarketplaceThe exchange of automated intelligent processes unlocks an entirely new machine economy that contributes to a potentially entirely new and untapped market segment. Solidus AI Tech will be providing a venue where industrial and individual AI commerce can take place.
What are some of AI Tech’s Unique Features?
Apart from the four key products that Solidus AI tech provides, there is a mixture of sophisticated novel developments at the design, code, and principle layers of the project that make it stand out from the crowd and supersede all existing solutions attempting to spearhead the enormous, evergreen market segment of Computational Infrastructure.
Some of these features include:
High Performance Computing Costs reductionNotorious for its insatiable energy demands, HPC is a problem that is looking for solutions beyond just the linear increase of hardware. Solidus AI Tech has developed proprietary algorithms that improve hardware efficiencies by 40% above the benchmark rate of existing industry standards; driving down costs, while increasing efficiency.
Eco Friendly Computation IP (Intellectual Property)Going hand-in-hand with its HPC reductions costs, a byproduct of Solidus AI Tech’s focus on optimization has resulted in the creation of innovations granting them intellectual property in the form of algorithmic systems that is much friendly for the environment with its efficient (lowered) consumption of energy and heightened computational capacity.
Custom Data CenterSolidus AI Tech has been able to secure a location with some of the lowest-cost energy and highest internet speed internet in all of Europe. With the presence of an in-house data center, Solidus AI Tech is in control of the computational supply chain and has full sovereignty in optimizing its service across every vertical of supply and demand. Built in Bucharest, the facility spans some 8,000 square feet and operates under ISO 14001:2015.Vulnerability MonitoringSecurity, monitoring, and specifically designed firewalls, Solidus AI tech provides a full spectrum of proactive protective measures to ensure the reliability of its systems. Leveraging novel structures of network devices existing without IP or MAC addresses alongside its protocol of automatic vulnerability detection satisfies the most stringent institutional security requirements.Government Enterprise Blockchain SolutionsUtilizing a combination of its software and hardware solutions, Solidus AI Tech is able to service the most demanding use cases while adhering to NATO quality assurance standard. From voting, taxation, land registration, and supply chain traceability to Healthcare and Identity management; the security, flexibility and expertise Solidus AI Tech provides caters to every grade of entity.
Solidus AITECH Tokenomics
In tune with the forward-looking innovations that are coming out of Solidus AI Tech’s ecosystems, their vision of a decentralized, digital future is underscored with its elegant tokenomics that complement and underpin their system processes. Empowering users of all types with equal access to high quality infrastructure the $AITECH token adheres to inclusive, cost-efficient ideologies. From a payment vehicle for their product licenses, an incentive for creating and publishing quality AI tooling, and membership to the DAO, $AITECH is worth taking a look at:
Token Name: AI TechToken Symbol: $AITECHToken Standard: BEP-20Issuing Network: Binance Smart ChainTotal Supply: 2,000,000,000
Moreover, the $AITECH token has adopted the leading practices in deflationary economics by implementing a variable burn program that takes 5%-10% of every transaction used for acquiring platform serves and systematically removes them from circulation; thereby exerting constant pressure on the open market dynamics of the asset.
$AITECH IDO on ChainGPT Pad Details
Solidus AI Tech has dedicated a portion of its supply for the ChainGPT Pad IDO as follows:
IDO Date: 08/21/2023Token Price” $0.012Supply Allocation: 13,333,333.33 $AITECH tokensMax Allocation: $160,000Listing on Exchanges: August 28th, at 10 AM (UTC)
More information about the IDO specifications are available in their official listing here.
* ChainGPT implements a unique protection mechanism for all IDO participants in the form of a refund policy. After an IDO has been completed, if for any reason participants feel as though they would rather revise their contributions, they have up to 7 days to do so (unless they claim their allocations). For a more in-depth explanation of the ChainGPT Pad refund policy refer to their official article discussing it here.
About ChainGPT
ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. The one-stop-shop Crypto AI hub. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market.
General Resources:Website | V1 App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking | | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok
Launchpad BD
Contact Person(s): Gintare Kairyte / Amid YazdiContact Email(s): [email protected] / [email protected]
General BD
Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected]
—> To learn more about ChainGPT visit the official ChainGPT.org website
—> For all inquiries, please contact [email protected]
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
254 days ago • cryptodaily
ChainGPT is Launching Solidus AI Tech, the Web3 Infrastructure as a Service Provider
A new generation of blockchain-based projects have begun to ascend into the crypto industry, ChainGPT is there to provide them with the necessary support and tooling to help them succeed.
ChainGPT, the leading AI Infrastructure provider for the crypto, blockchain, and Web3 industry is bringing one of its most promising incubation projects to the public. After months of careful planning, diligent development, and community building, Solidus AI Tech will be taking its next step into Web3 and launching its $AITech IDO on the ChainGPT Pad .
With their world-class team, mesmerizing website, incredible network of connections, and rock-solid plan of action, Solidus AI Tech is ready to bring its products to market and become an active player in the digital economy!
What is Solidus AI Tech?
Based in Europe, Solidus AI Tech is an IaaS (infrastructure as a service) company that is solving some of the most prevalent, fundamental issues plaguing the digital economy; namely the demand for computational infrastructure. Building out their own 8,000-square-foot facility to house hardware that has been wired with their proprietary algorithms that improve computational costs and efficiencies. In tandem to the physical infrastructure, they are tapping into their resources to provide a full stack of cutting-edge Web3 infrastructural software solutions including Artificial-Intelligence-as-a-service (AIaaS), Blockchain-as-a-Service (BaaS), High Performance Computing power (HPC), and an Artificial Intelligence marketplace.
What does AI Tech Provide?
As an infrastructure services company, Solidus AI Tech is providing a suite of four core services that can be used by companies, institutions, and even governments as a foundation to build sustainable digital systems. From metaverse to CBDC to gaming and beyond this is what AI Tech is providing:
AIaaS - Artificial-Intelligence-as-a-serviceArtificial intelligence is the frontier of mankind's intellectual flourishing. Considered to be just as, if not more important a technological revolution as was the steam engine, AI has become the building block for new technologies promising to improve the lives of people around the world. Solidus AI Tech has neatly wrapped up a turnkey solution to jumpstart the integrations and implementations of AI into a broad range of applications.
BaaS - Blockchain-as-a-serviceBuilding blockchains from scratch is an extremely tedious, long, and resource-intensive (labor and capital) process. Building quality blockchains that can satisfy the security and operational demands of sensitive, high-value operations if even more arduous. Solidus AI Tech is extending its intelligent blockchain designs for any imaginable use case.
HPC - High Performance ComputationThe demand for computation continues to grow alongside the world’s population that is coming online and new energy-dependent solutions are introduced into society. Solidus AI Tech provides computation for the most intensive use cases across a multitude of industries.
AI MarketplaceThe exchange of automated intelligent processes unlocks an entirely new machine economy that contributes to a potentially entirely new and untapped market segment. Solidus AI Tech will be providing a venue where industrial and individual AI commerce can take place.
What are some of AI Tech’s Unique Features?
Apart from the four key products that Solidus AI tech provides, there is a mixture of sophisticated novel developments at the design, code, and principle layers of the project that make it stand out from the crowd and supersede all existing solutions attempting to spearhead the enormous, evergreen market segment of Computational Infrastructure.
Some of these features include:
High Performance Computing Costs reductionNotorious for its insatiable energy demands, HPC is a problem that is looking for solutions beyond just the linear increase of hardware. Solidus AI Tech has developed proprietary algorithms that improve hardware efficiencies by 40% above the benchmark rate of existing industry standards; driving down costs, while increasing efficiency.
Eco Friendly Computation IP (Intellectual Property)Going hand-in-hand with its HPC reductions costs, a byproduct of Solidus AI Tech’s focus on optimization has resulted in the creation of innovations granting them intellectual property in the form of algorithmic systems that is much friendly for the environment with its efficient (lowered) consumption of energy and heightened computational capacity.
Custom Data CenterSolidus AI Tech has been able to secure a location with some of the lowest-cost energy and highest internet speed internet in all of Europe. With the presence of an in-house data center, Solidus AI Tech is in control of the computational supply chain and has full sovereignty in optimizing its service across every vertical of supply and demand. Built in Bucharest, the facility spans some 8,000 square feet and operates under ISO 14001:2015.Vulnerability MonitoringSecurity, monitoring, and specifically designed firewalls, Solidus AI tech provides a full spectrum of proactive protective measures to ensure the reliability of its systems. Leveraging novel structures of network devices existing without IP or MAC addresses alongside its protocol of automatic vulnerability detection satisfies the most stringent institutional security requirements.Government Enterprise Blockchain SolutionsUtilizing a combination of its software and hardware solutions, Solidus AI Tech is able to service the most demanding use cases while adhering to NATO quality assurance standard. From voting, taxation, land registration, and supply chain traceability to Healthcare and Identity management; the security, flexibility and expertise Solidus AI Tech provides caters to every grade of entity.
Solidus AITECH Tokenomics
In tune with the forward-looking innovations that are coming out of Solidus AI Tech’s ecosystems, their vision of a decentralized, digital future is underscored with its elegant tokenomics that complement and underpin their system processes. Empowering users of all types with equal access to high quality infrastructure the $AITECH token adheres to inclusive, cost-efficient ideologies. From a payment vehicle for their product licenses, an incentive for creating and publishing quality AI tooling, and membership to the DAO, $AITECH is worth taking a look at:
Token Name: AI TechToken Symbol: $AITECHToken Standard: BEP-20Issuing Network: Binance Smart ChainTotal Supply: 2,000,000,000
Moreover, the $AITECH token has adopted the leading practices in deflationary economics by implementing a variable burn program that takes 5%-10% of every transaction used for acquiring platform serves and systematically removes them from circulation; thereby exerting constant pressure on the open market dynamics of the asset.
$AITECH IDO on ChainGPT Pad Details
Solidus AI Tech has dedicated a portion of its supply for the ChainGPT Pad IDO as follows:
IDO Date: 08/21/2023Token Price” $0.012Supply Allocation: 13,333,333.33 $AITECH tokensMax Allocation: $160,000Listing on Exchanges: August 28th, at 10 AM (UTC)
More information about the IDO specifications are available in their official listing here.
* ChainGPT implements a unique protection mechanism for all IDO participants in the form of a refund policy. After an IDO has been completed, if for any reason participants feel as though they would rather revise their contributions, they have up to 7 days to do so (unless they claim their allocations). For a more in-depth explanation of the ChainGPT Pad refund policy refer to their official article discussing it here.
About ChainGPT
ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. The one-stop-shop Crypto AI hub. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market.
General Resources:Website | V1 App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking | | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok
Launchpad BD
Contact Person(s): Gintare Kairyte / Amid YazdiContact Email(s): [email protected] / [email protected]
General BD
Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected]
—> To learn more about ChainGPT visit the official ChainGPT.org website
—> For all inquiries, please contact [email protected]
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
265 days ago • cryptodaily
Circle’s Web3 Programmable Wallets Now Available for Developers
Prominent stablecoin issuer Circle announces the launch of its Web3 Programmable Wallets public beta version for developers on three blockchains.
The First Product of Circle’s Web3 Services Line
On Tuesday, August 8, 2023, global fintech company Circle, known for its USDC stablecoin, announced the launch of Programmable Wallets, the first product of the platform’s Web3 Services product line. The public beta version of Programmable Wallets is now available for businesses, developers, and builders. The product currently supports Ethereum, Polygon, and Avalanche networks, with other chains coming soon.
Programmable Wallets allows developers to seamlessly integrate secure crypto wallets into any application, thus expediting the adoption of Web3 and blockchain technologies.
“Programmable Wallets bridge the gap between today’s internet and blockchain networks by abstracting complexities such as private key security, blockchain node operations, transaction management, interoperability across blockchains, and many others to enable developers to iterate on applications faster,” reads the statement on the Circle’s website.
One of Programmable Wallets’ key features is that it gives developers the freedom to customize the crypto wallet experience to best fit their use case. This helps greatly increase customer satisfaction because different types of apps (DeFi, games, e-commerce, etc.) will use their crypto wallet in different ways.
Programmable Wallets offers a self-service, end-to-end solution, enabling developers to register, build, and implement their first wallets and transactions within minutes. The developer console provides all the necessary tools for debugging, launching, and scaling Web3 applications.
According to the company’s press release, these are the core features of Programmable Wallets:
User-controlled wallets: gives end-users full control of their assets;
Developer-controlled wallets: allows developers manage assets on behalf of users;
REST APIs manage both user-controlled and developer-controlled wallets;
iOS and Android SDKs speed up development processes and facilitate wallet UI customization;
Webhooks keep users updated on their incoming or outgoing transactions;
Wallet operations dashboard enables developers to monitor transactions;
Multiparty computation (MPC) is a built-in cryptographic security configuration;
Blockchains Agnostic allows to build a wallet once and use it across different blockchains;
Pay-as-you-grow provides a rebate on USDC usage, starting at $0.05/Monthly Active Wallet.
Other features such as Gas Abstraction and Smart Contract Wallets should be rolled out shortly.
Circle Expands the Range of Its Web3 Solutions
Earlier this year, Circle launched a Cross-Chain Transfer Protocol (CCTP) to allow permissionless transfers of USDC natively across supported blockchains. A couple of months later, the platform announced the operationalization of its CCTP on Arbitrum, a Layer 2 scaling solution for the Ethereum network, with the aim to make the USDC transfers faster and more secure.
“With USDC, CCTP, Programmable Wallets, and our broader Web3 Services offering, our goal is to make it easy for developers to rapidly build, deploy, and scale blockchain-powered apps for a variety of use cases, regardless of the blockchain network they choose to build on,” the Senior Director of Product Management at Circle, Gagan Mac, wrote in the statement.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.