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Astounding Stories of Super-Science June 1931: VOL. VI, NO. 3 - The Earthman's Burden

**BERLIN, Germany, October 7th, 2024/Chainwire/--**Layer-1 payments blockchain Nimiq has announced a pre-staking campaign for $NIM holders, marking a crucial step towards its highly anticipated migration to Proof-of-Stake (PoS). This initiative not only offers substantial rewards to early participants but also paves the way for the network’s transition to a more energy-efficient, decentralized PoS consensus. Nimiq is preparing to upgrade its consensus algorithm from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Pre-staking is an essential step for the successful transition to Nimiq PoS, as a secure migration depends on maximizing the total amount of $NIM pre-staked and distributing it across as many validators as possible. The Pre-Staking Rewards campaign incentivizes all Nimiq holders to pre-stake and contribute to a more decentralized Nimiq network. Participants can increase their chances of receiving bonus rewards by optimizing their pre-staking strategy through various multipliers: staking early for a time-based boost, choosing an underdog validator to promote even distribution across all validators, and increasing their ranking in the Nimiq Space by completing Nimiq quests. Nimiq’s pre-staking program can be accessed by logging in to the dedicated dashboard created for the campaign. Here, community members can register for the pre-staking program and select the Nimiq account address they intend to use for pre-staking. You can find more details in Nimiq's blog post announcement. “Nimiq's long-awaited migration to Proof-of-Stake marks the beginning of a completely new era for the project. Not only does it drastically reduce the blockchain’s energy consumption, but more importantly, it introduces near-instant transactions for a significantly enhanced payment experience. Once the migration is complete, we can focus on expanding Nimiq’s global adoption to make NIM the most widely accepted cryptocurrency on the planet.” Max Burger, Ecosystem Developer at Nimiq said. The pre-staking program will run from October 7 until November 10 with participants eligible for rewards that will be directly claimable within the pre-staking dashboard. In addition to sharing 100M in $NIM pre-staking rewards, participants will be eligible for a bonus giveaway earmarked for community members who join the campaign at the earliest opportunity. Winners of the bonus giveaway will be drawn at random from eligible entries over the course of three rounds, resulting in 100 pre-stakers receiving additional $NIM rewards. This results in a whooping 200 Million NIM allocated for pre-staking rewards and giveaways. Through maximizing participation in its pre-staking campaign, Nimiq will ensure that its network is ready for the subsequent activation phase and the migration to Proof of Stake, planned for November 19th. About Nimiq Nimiq is a decentralized payment system built on a unique blockchain. Its financial ecosystem includes a digital currency, fast payments, cheap remittances, and passive income available to everyone. Nimiq’s upgrade to Proof of Stake will support its goal of serving as a sustainable monetary system where individuals are in full control of their own money, can use it globally and use it to achieve financial freedom. Learn more: https://www.nimiq.com/ Disclaimer Participation in the Pre-staking Reward and Bonus campaign is subject to restrictions. United States citizens or Green Card holders, as well as residents of countries under U.S. trade embargoes or sanctions, as listed by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), are not eligible. Nimiq reserves the right to verify participant eligibility, including residency status, and may disqualify individuals who provide false information. Additionally, any unauthorized manipulation or use of prohibited aids will result in exclusion from the campaign. The campaign may also be modified, suspended, or terminated due to unforeseen circumstances, including unauthorized third-party interventions or technical issues. Team members of Nimiq, the Nimiq Foundation, and related entities such as ImpactX Charity are also barred from participating. Contact Dasi Kaplan pr@marketacross.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **BERLIN, Germany, October 7th, 2024/Chainwire/--**Layer-1 payments blockchain Nimiq has announced a pre-staking campaign for $NIM holders, marking a crucial step towards its highly anticipated migration to Proof-of-Stake (PoS). This initiative not only offers substantial rewards to early participants but also paves the way for the network’s transition to a more energy-efficient, decentralized PoS consensus. Nimiq is preparing to upgrade its consensus algorithm from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Pre-staking is an essential step for the successful transition to Nimiq PoS, as a secure migration depends on maximizing the total amount of $NIM pre-staked and distributing it across as many validators as possible. The Pre-Staking Rewards campaign incentivizes all Nimiq holders to pre-stake and contribute to a more decentralized Nimiq network. Participants can increase their chances of receiving bonus rewards by optimizing their pre-staking strategy through various multipliers: staking early for a time-based boost, choosing an underdog validator to promote even distribution across all validators, and increasing their ranking in the Nimiq Space by completing Nimiq quests. Nimiq Space Nimiq Space Nimiq’s pre-staking program can be accessed by logging in to the dedicated dashboard created for the campaign. Here, community members can register for the pre-staking program and select the Nimiq account address they intend to use for pre-staking. You can find more details in Nimiq's blog post announcement . dashboard dashboard Nimiq's blog post announcement Nimiq's blog post announcement “Nimiq's long-awaited migration to Proof-of-Stake marks the beginning of a completely new era for the project. Not only does it drastically reduce the blockchain’s energy consumption, but more importantly, it introduces near-instant transactions for a significantly enhanced payment experience. Once the migration is complete, we can focus on expanding Nimiq’s global adoption to make NIM the most widely accepted cryptocurrency on the planet.” Max Burger, Ecosystem Developer at Nimiq said. “Nimiq's long-awaited migration to Proof-of-Stake marks the beginning of a completely new era for the project. Not only does it drastically reduce the blockchain’s energy consumption, but more importantly, it introduces near-instant transactions for a significantly enhanced payment experience. Once the migration is complete, we can focus on expanding Nimiq’s global adoption to make NIM the most widely accepted cryptocurrency on the planet.” Max Burger, Ecosystem Developer at Nimiq said. The pre-staking program will run from October 7 until November 10 with participants eligible for rewards that will be directly claimable within the pre-staking dashboard. In addition to sharing 100M in $NIM pre-staking rewards, participants will be eligible for a bonus giveaway earmarked for community members who join the campaign at the earliest opportunity. Winners of the bonus giveaway will be drawn at random from eligible entries over the course of three rounds, resulting in 100 pre-stakers receiving additional $NIM rewards. This results in a whooping 200 Million NIM allocated for pre-staking rewards and giveaways. Through maximizing participation in its pre-staking campaign, Nimiq will ensure that its network is ready for the subsequent activation phase and the migration to Proof of Stake, planned for November 19th. About Nimiq Nimiq is a decentralized payment system built on a unique blockchain. Its financial ecosystem includes a digital currency, fast payments, cheap remittances, and passive income available to everyone. Nimiq’s upgrade to Proof of Stake will support its goal of serving as a sustainable monetary system where individuals are in full control of their own money, can use it globally and use it to achieve financial freedom. Learn more: https://www.nimiq.com/ https://www.nimiq.com/ https://www.nimiq.com/ Disclaimer Participation in the Pre-staking Reward and Bonus campaign is subject to restrictions. United States citizens or Green Card holders, as well as residents of countries under U.S. trade embargoes or sanctions, as listed by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), are not eligible. Nimiq reserves the right to verify participant eligibility, including residency status, and may disqualify individuals who provide false information. Additionally, any unauthorized manipulation or use of prohibited aids will result in exclusion from the campaign. The campaign may also be modified, suspended, or terminated due to unforeseen circumstances, including unauthorized third-party interventions or technical issues. Team members of Nimiq, the Nimiq Foundation, and related entities such as ImpactX Charity are also barred from participating. Contact Dasi Kaplan pr@marketacross.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Nimiq Kicks Off Its Long-Awaited Migration to PoS With 200 Million In Rewards

নিমিক 200 মিলিয়ন পুরষ্কার সহ PoS-এ তার দীর্ঘ-প্রতীক্ষিত মাইগ্রেশন শুরু করেছে

Nimiq započinje svoju dugo očekivanu migraciju na PoS sa 200 miliona nagrada

Nimiq zahajuje dlouho očekávanou migraci na PoS s odměnami 200 milionů

Nimiq startet seine lang erwartete Migration zu PoS mit 200 Millionen Belohnungen

Η Nimiq ξεκινά την πολυαναμενόμενη μετάβασή της στο PoS με 200 εκατομμύρια ανταμοιβές

Nimiq inicia su esperada migración a PoS con 200 millones en recompensas

נימיק מתחילה את ההגירה המיוחלת ל-PoS עם פרסים של 200 מיליון

A Nimiq 200 milliós jutalommal elindítja régóta várt átállását a PoS-ra

Nimiq、2億ドルの報酬で待望のPoSへの移行を開始

Nimiq uzsāk ilgi gaidīto migrāciju uz PoS ar 200 miljonu atlīdzību

Nimiq startar sin efterlängtade migrering till PoS med 200 miljoner i belöningar

Nimiq 200 million sylag bilen PoS-a köpden bäri garaşylýan göçüşini başlady

It’s astonishing how one catastrophic event can snowball into a financial black hole. Medibank, once a pillar of trust in Australia’s health insurance sector, is now staring down the barrel of a staggering $126 million bill, all thanks to the infamous 2022 data breach. And let’s be clear—this nightmare is far from over. The health insurer has already bled $86.2 million, with no relief in sight as costs are set to spiral even higher by mid-2025. The numbers are jaw-dropping: $39.8 million in “non-recurring cybercrime costs” just for FY24, adding to the $46.4 million haemorrhage from the year before. A slight 14.2 percent dip? Sure, but it’s a tiny band-aid on a gaping wound. The real kicker? FY25 promises more of the same, with Medibank bracing for another avalanche of expenses, this time funneled into beefing up IT security—a necessary but costly endeavour. Medibank’s CFO, Mark Rogers, didn’t sugar-coat the situation. He laid it out plainly: 60-to-65 percent of FY25’s expenditures are earmarked for IT security enhancements. And while that might sound like progress, it’s only the beginning. By the time FY26 rolls around, Medibank will be shifting its focus—and its dwindling funds—towards litigation costs. That’s right, the legal battles are only just beginning. Let’s not forget the elephant in the room: Medibank’s ongoing legal woes. The Office of the Australian Information Commissioner has already dragged the insurer to court for its shoddy handling of personal data, and a looming class action lawsuit isn’t helping matters. Yet, despite the mounting chaos, Medibank’s customer acquisition rates have miraculously bounced back to pre-breach levels. It’s almost unbelievable—like watching a ship sail on while it’s burning from below deck. It’s astonishing how one catastrophic event can snowball into a financial black hole. Medibank, once a pillar of trust in Australia’s health insurance sector, is now staring down the barrel of a staggering $126 million bill , all thanks to the infamous 2022 data breach. And let’s be clear—this nightmare is far from over. The health insurer has already bled $86.2 million, with no relief in sight as costs are set to spiral even higher by mid-2025. $126 million bill The numbers are jaw-dropping: $39.8 million in “non-recurring cybercrime costs” just for FY24, adding to the $46.4 million haemorrhage from the year before. A slight 14.2 percent dip? Sure, but it’s a tiny band-aid on a gaping wound. The real kicker? FY25 promises more of the same, with Medibank bracing for another avalanche of expenses, this time funneled into beefing up IT security—a necessary but costly endeavour. Medibank’s CFO, Mark Rogers, didn’t sugar-coat the situation. He laid it out plainly: 60-to-65 percent of FY25’s expenditures are earmarked for IT security enhancements. And while that might sound like progress, it’s only the beginning. By the time FY26 rolls around, Medibank will be shifting its focus—and its dwindling funds—towards litigation costs. That’s right, the legal battles are only just beginning. Let’s not forget the elephant in the room: Medibank’s ongoing legal woes. The Office of the Australian Information Commissioner has already dragged the insurer to court for its shoddy handling of personal data, and a looming class action lawsuit isn’t helping matters. Yet, despite the mounting chaos, Medibank’s customer acquisition rates have miraculously bounced back to pre-breach levels. It’s almost unbelievable—like watching a ship sail on while it’s burning from below deck.

Medibank’s Data Breach Nightmare: A $126 Million Price Tag and Counting

Google Has Not Shown That Pass-Through Effects Would Benefit Search Consumers

SINGAPORE, July 24, 2024 — Aggregated rollup infra builder zkLink, today announced the recipients for Phase 1 of its Ecosystem Developer Grants program, a 20 million $ZKL grants program aimed at stimulating the growth of its aggregated DeFi ecosystem. The program, which received over 100 applications, had approved 16 projects for financial and marketing support to build on zkLink Nova, the industry's first aggregated Layer 3 rollup network. Running from March 11 to July 20, 2024, Phase 1 had earmarked 10 million ZKL tokens for its recipients. The grant recipients in Phase 1 include Oku Trade, RedStone, Holdstation, Solv Protocol, Snapshot, NovaSwap, POKT Network, Layerbank, Izumi Finance, AGX, Sturdy, Steer Protocol, Allspark, Protofire, SphereX and Chainnodes. Vince Yang, CEO at zkLink, expressed his enthusiasm. "We are thrilled to announce the Phase 1 recipients of our Ecosystem Developer Grants Program. These projects exemplify the outstanding dedication to cultivate a vibrant and seamless aggregated DeFi ecosystem. Each recipient has demonstrated a commitment to advancing aggregated solutions like zkLink Nova, driving innovative change and inspiring others through their work”. On zkLink Nova, dApps can access a ‘unified Ethereum experience’ of aggregated assets from eight of Ethereum’s broader Layer 2 rollup ecosystems, such as Arbitrum, Optimism, Base, ZKsync, Linea, Scroll, Manta, and Mantle. Secured by zero-knowledge proofs and multi-chain state synchronization, zkLink Nova offers developers the opportunity to explore new interoperable DeFi primitives while benefiting from the lower gas costs of its aggregated Layer 3 zkEVM network. “The grants program reflects our vision to seamlessly bridge Web3 and Web2 together through industry collaboration. We are excited to see how the grant recipients will utilize this funding to further their projects and contribute to the community,” Yang added. “Congratulations to all the winners, and thank you for your contributions. We look forward to seeing the continued progress to unifying Layer 2s into one interoperable platform.” zkLink Ecosystem Developer Grants Program Phase 2 Phase 2 of the Ecosystem Developer Grants Program will commence on 24 July 2024, and conclude on 30 September 2024. The phase will build on the successes and lessons learned from Phase 1, ensuring that grant applicants will receive guidance, flexible funding mechanisms, and reduced decision-making times. The goal of Phase 2 is to support applications that are able to positively impact the on-chain activity and user experience(UX) on zkLink Nova. Protocols from diverse verticals, including but not limited to DeFi, meme projects, gaming, and AI are encouraged to apply. Special considerations will be given to open-sourced solutions and projects with a proven track record in either zero-knowledge (ZK) or Optimism (OP) rollup networks. Phase 2 will also continue to support innovative protocols and encourage the deployment of native dApps on zkLink Nova. For more information about the zkLink Ecosystem Grants Program or to apply, visit website. About zkLink zkLink develops leading zero-knowledge blockchain solutions for the Ethereum ecosystem. Its flagship zkLink Nova is the industry’s first aggregated Layer 3 zkEVM Rollup network built on top of Ethereum and Ethereum Layer 2 rollups (L2s). It is an EVM-compatible, open platform that allows for scattered assets across Ethereum Layer 2s to be aggregated for interoperable trade and transactions. It is secured by zero-knowledge proof technology, charges extremely low gas costs, offers fast finality, and inherits its security from Ethereum. zkLink is funded by notable backers including Coinbase Ventures, Solana Ventures, SIG DTI, Arrington Capital, and others. Media Contact: neil@zklink.org This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here. SINGAPORE, July 24, 2024 — Aggregated rollup infra builder zkLink, today announced the recipients for Phase 1 of its Ecosystem Developer Grants program, a 20 million $ZKL grants program aimed at stimulating the growth of its aggregated DeFi ecosystem. The program, which received over 100 applications, had approved 16 projects for financial and marketing support to build on zkLink Nova, the industry's first aggregated Layer 3 rollup network. — Running from March 11 to July 20, 2024, Phase 1 had earmarked 10 million ZKL tokens for its recipients. The grant recipients in Phase 1 include Oku Trade, RedStone, Holdstation, Solv Protocol, Snapshot, NovaSwap, POKT Network, Layerbank, Izumi Finance, AGX, Sturdy, Steer Protocol, Allspark, Protofire, SphereX and Chainnodes. Vince Yang, CEO at zkLink, expressed his enthusiasm. "We are thrilled to announce the Phase 1 recipients of our Ecosystem Developer Grants Program. These projects exemplify the outstanding dedication to cultivate a vibrant and seamless aggregated DeFi ecosystem. Each recipient has demonstrated a commitment to advancing aggregated solutions like zkLink Nova, driving innovative change and inspiring others through their work”. Vince Yang, CEO at zkLink, expressed his enthusiasm. "We are thrilled to announce the Phase 1 recipients of our Ecosystem Developer Grants Program. These projects exemplify the outstanding dedication to cultivate a vibrant and seamless aggregated DeFi ecosystem. Each recipient has demonstrated a commitment to advancing aggregated solutions like zkLink Nova, driving innovative change and inspiring others through their work”. On zkLink Nova, dApps can access a ‘unified Ethereum experience’ of aggregated assets from eight of Ethereum’s broader Layer 2 rollup ecosystems, such as Arbitrum, Optimism, Base, ZKsync, Linea, Scroll, Manta, and Mantle. Secured by zero-knowledge proofs and multi-chain state synchronization, zkLink Nova offers developers the opportunity to explore new interoperable DeFi primitives while benefiting from the lower gas costs of its aggregated Layer 3 zkEVM network. “The grants program reflects our vision to seamlessly bridge Web3 and Web2 together through industry collaboration. We are excited to see how the grant recipients will utilize this funding to further their projects and contribute to the community,” Yang added. “The grants program reflects our vision to seamlessly bridge Web3 and Web2 together through industry collaboration. We are excited to see how the grant recipients will utilize this funding to further their projects and contribute to the community,” Yang added. “Congratulations to all the winners, and thank you for your contributions. We look forward to seeing the continued progress to unifying Layer 2s into one interoperable platform.” “Congratulations to all the winners, and thank you for your contributions. We look forward to seeing the continued progress to unifying Layer 2s into one interoperable platform.” zkLink Ecosystem Developer Grants Program Phase 2 Phase 2 of the Ecosystem Developer Grants Program will commence on 24 July 2024, and conclude on 30 September 2024. The phase will build on the successes and lessons learned from Phase 1, ensuring that grant applicants will receive guidance, flexible funding mechanisms, and reduced decision-making times. The goal of Phase 2 is to support applications that are able to positively impact the on-chain activity and user experience(UX) on zkLink Nova. Protocols from diverse verticals, including but not limited to DeFi, meme projects, gaming, and AI are encouraged to apply. Special considerations will be given to open-sourced solutions and projects with a proven track record in either zero-knowledge (ZK) or Optimism (OP) rollup networks. Phase 2 will also continue to support innovative protocols and encourage the deployment of native dApps on zkLink Nova. For more information about the zkLink Ecosystem Grants Program or to apply, visit website . website website About zkLink zkLink develops leading zero-knowledge blockchain solutions for the Ethereum ecosystem. Its flagship zkLink Nova is the industry’s first aggregated Layer 3 zkEVM Rollup network built on top of Ethereum and Ethereum Layer 2 rollups (L2s). It is an EVM-compatible, open platform that allows for scattered assets across Ethereum Layer 2s to be aggregated for interoperable trade and transactions. It is secured by zero-knowledge proof technology, charges extremely low gas costs, offers fast finality, and inherits its security from Ethereum. zkLink is funded by notable backers including Coinbase Ventures, Solana Ventures, SIG DTI, Arrington Capital, and others. Media Contact: neil@zklink.org neil@zklink.org neil@zklink.org This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

zkLink Approves 16 Projects In Developer Grants Program Paving Way For Aggregated DeFi Future

LONDON, United Kingdom, July 2nd, 2024/Chainwire/--Solciety has raised over $619,000 in the first two weeks of its presale, capitalizing on the rising popularity of PolitiFi and Solana meme coins. The platform's community, now over 15,000 strong on Twitter and Telegram, has significantly contributed to early presale activity. This growth aligns with notable trends such as PolitiFi's market cap exceeding $1 billion and SOL meme coin Popcat achieving a +18,000% increase between January and May. The Solciety presale offers an opportunity to buy in early at a discounted price. The 15-stage presale currently offers SLCTY tokens at $0.002222, with 3% price increases at each stage until conclusion. This structured pricing aims to incentivize early participation. Post-presale, SLCTY will be open for public trading. Solciety (SLCTY) tokens are available to purchase on the Solciety website. Solciety: The Political Party of The Degen Solciety has picked up attention with a campaign for “degen democracy” as well as strong support from big KOLs in the space, including Crypto Moonlight and Crypto Pablo. It harnesses savagely satirical memes deriding the world’s elites and extends way beyond being a fun branding decision or social content strategy. This makes for a powerful community - the foundation of any long-lasting meme coin. The team is rewarding its communities with a number of fun giveaways that will be paid out regularly, starting with a $1000 giveaway that launched on X last week. Bolstering Solciety’s viral potential is its Meme Campaigner, a meme-generation tool. Using characters like Donald Pump or Kim Wrong Un, degens can generate satirical political memes, with top creators being rewarded for their efforts - 10% of SLCTY’s total supply is earmarked for these rewards. This mechanism creates a huge incentive for degens to become Solciety’s best marketing channel and place Solciety branded content anywhere a degen could be lurking. Solciety’s tokenomics are also set up to produce a rally when public trading gets underway. 20% of tokens are set aside for marketing to push the message of degen democracy far and wide, and a further 17% of supply is reserved for liquidity to help trading run smoothly when DEX trading begins. Spotlight On PolitiFi As Election Season Heats Up With major elections on the horizon in France, the UK, and, of course, the US, PolitiFi is getting a lot of attention. The latest trend in politics-themed coins saw new token DJT rally 3x in less than a week. The sector now boasts a $1 billion+ market cap, coming from practically out of nowhere after its inception less than a year ago. As the US election in November approaches, PolitiFi could benefit from building PR. Meanwhile, leading exchange Kraken recently listed two key PolitiFi tokens, TREMP and BODEN, solidifying the sector’s status in the crypto space. Solana meme coins also continue to show impressive trade volume, with a 24-hour average of over $1 billion and a combined market cap of over $7 billion at press time. With Solciety positioned within these trending sectors, it has the potential to become a leading token. Users can currently buy SLCTY at $0.002222. Solciety (SLCTY) tokens are available to purchase on the Solciety website. About Solciety Solciety aims to address the corrupt, dull, and economically inept politics of today. It aims to unite degens under the umbrella of memes and potential for gains. With its advanced meme-generating tech and SLCTY token, Solciety is here to harness election buzz and dominate the 2024 PolitiFi scene by offering degens a fun and potentially lucrative way of taking part in current affairs. For more information and to buy Solciety (SLCTY), users can visit the website. Website | Whitepaper | Socials Contact Solciety marketing@solciety.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. LONDON, United Kingdom, July 2nd, 2024/Chainwire/--Solciety has raised over $619,000 in the first two weeks of its presale , capitalizing on the rising popularity of PolitiFi and Solana meme coins. presale presale The platform's community, now over 15,000 strong on Twitter and Telegram , has significantly contributed to early presale activity. This growth aligns with notable trends such as PolitiFi's market cap exceeding $1 billion and SOL meme coin Popcat achieving a +18,000% increase between January and May. Twitter Twitter Telegram Telegram market cap exceeding $1 billion market cap exceeding $1 billion +18,000% +18,000% The Solciety presale offers an opportunity to buy in early at a discounted price. The 15-stage presale currently offers SLCTY tokens at $0.002222, with 3% price increases at each stage until conclusion. This structured pricing aims to incentivize early participation. Post-presale, SLCTY will be open for public trading. Solciety (SLCTY) tokens are available to purchase on the Solciety website. Solciety Solciety Solciety: The Political Party of The Degen Solciety has picked up attention with a campaign for “degen democracy” as well as strong support from big KOLs in the space, including Crypto Moonlight and Crypto Pablo . It harnesses savagely satirical memes deriding the world’s elites and extends way beyond being a fun branding decision or social content strategy. Solciety Solciety Crypto Moonlight Crypto Moonlight Crypto Pablo Crypto Pablo This makes for a powerful community - the foundation of any long-lasting meme coin. The team is rewarding its communities with a number of fun giveaways that will be paid out regularly, starting with a $1000 giveaway that launched on X last week. $1000 giveaway $1000 giveaway Bolstering Solciety’s viral potential is its Meme Campaigner, a meme-generation tool. Using characters like Donald Pump or Kim Wrong Un, degens can generate satirical political memes, with top creators being rewarded for their efforts - 10% of SLCTY’s total supply is earmarked for these rewards. This mechanism creates a huge incentive for degens to become Solciety’s best marketing channel and place Solciety branded content anywhere a degen could be lurking. Solciety’s tokenomics are also set up to produce a rally when public trading gets underway. 20% of tokens are set aside for marketing to push the message of degen democracy far and wide, and a further 17% of supply is reserved for liquidity to help trading run smoothly when DEX trading begins. Spotlight On PolitiFi As Election Season Heats Up With major elections on the horizon in France, the UK, and, of course, the US, PolitiFi is getting a lot of attention. The latest trend in politics-themed coins saw new token DJT rally 3x in less than a week. rally 3x rally 3x The sector now boasts a $1 billion+ market cap , coming from practically out of nowhere after its inception less than a year ago. As the US election in November approaches, PolitiFi could benefit from building PR. Meanwhile, leading exchange Kraken recently listed two key PolitiFi tokens, TREMP and BODEN, solidifying the sector’s status in the crypto space. $1 billion+ market cap $1 billion+ market cap Kraken Kraken Solana meme coins also continue to show impressive trade volume, with a 24-hour average of over $1 billion and a combined market cap of over $7 billion at press time. With Solciety positioned within these trending sectors, it has the potential to become a leading token. Users can currently buy SLCTY at $0.002222. Solciety (SLCTY) tokens are available to purchase on the Solciety website. $1 billion $1 billion Solciety Solciety About Solciety Solciety aims to address the corrupt, dull, and economically inept politics of today. It aims to unite degens under the umbrella of memes and potential for gains. With its advanced meme-generating tech and SLCTY token, Solciety is here to harness election buzz and dominate the 2024 PolitiFi scene by offering degens a fun and potentially lucrative way of taking part in current affairs. Solciety Solciety For more information and to buy Solciety (SLCTY), users can visit the website . Website | Whitepaper | Socials website website Website Website Whitepaper Whitepaper Socials Socials Contact Solciety marketing@solciety.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Solciety’s PolitiFi Meme Coin Presale Raises Over $600,000 In First Two Weeks

Fenix Finance, a decentralized exchange (DEX) operating on the Blast network, has successfully closed a $300,000 seed funding round. The investment was led by Orbs, a Layer 3 blockchain protocol, which will also serve as a technology partner for Fenix. The seed funding is earmarked for developing Fenix's unified trading and liquidity marketplace on the Blast network. A key component of this development is the imminent deployment of the Fenix Liquidity Hub, which Orbs’ Layer 3 technology will power. This hub aims to provide Blast users with token swapping capabilities, optimizing price execution by combining on-chain and off-chain liquidity sources. Orbs' Investment Strategy This investment aligns with Orbs' broader strategy of supporting projects that utilize its technology. The company has previously invested in several protocols operating on various Ethereum Virtual Machine (EVM) chains, including Thena, IntentX, Symmio, and Harris & Trotter. Orbs' technology is designed to enhance capital efficiency and deepen on-chain liquidity for these protocols. Fenix Finance has been operating in open beta for less than two months but has already attracted over 5,000 users and generated more than $150 million in trading volume. The platform is aiming to increase its market share in the DEX space on Blast, which has grown to become the second-largest Ethereum Layer 2 network. Development Plans The seed funding will support several initiatives: Accelerating the development of the Fenix protocol
Onboarding more partners to deepen available liquidity
Ongoing development of Fenix Nest, which incorporates key components of the Curve ecosystem Fenix Nest includes features such as a vote delegator, vote optimizer, and rewards auto-compounder, which power a voting incentives marketplace. Analysis and Outlook This seed investment represents a significant step for Fenix Finance in establishing itself within the competitive DEX landscape. The partnership with Orbs could provide Fenix with a technological edge, particularly in terms of liquidity aggregation and trading execution. However, the DEX market is highly competitive, with established players and constant innovation. Fenix's success will likely depend on its ability to differentiate itself through superior user experience, deeper liquidity, and unique features offered by its integration with Orbs' Layer 3 technology. The growth of the Blast network as an Ethereum Layer 2 solution is also a critical factor. If Blast continues to gain traction, it could provide a fertile ground for Fenix to expand its user base and trading volume. As the decentralized finance (DeFi) space continues to evolve, partnerships between infrastructure providers like Orbs and DEX platforms like Fenix may become increasingly common. These collaborations could lead to more efficient and user-friendly DeFi ecosystems, potentially accelerating mainstream adoption of decentralized trading platforms. While the $300,000 seed investment is relatively modest in the context of larger DeFi funding rounds, it provides Fenix Finance with resources to develop its platform at this early stage. The true test will be in the execution of their roadmap and their ability to capture market share in the competitive DEX landscape. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Fenix Finance , a decentralized exchange (DEX) operating on the Blast network, has successfully closed a $300,000 seed funding round. The investment was led by Orbs , a Layer 3 blockchain protocol, which will also serve as a technology partner for Fenix. The seed funding is earmarked for developing Fenix's unified trading and liquidity marketplace on the Blast network. A key component of this development is the imminent deployment of the Fenix Liquidity Hub, which Orbs’ Layer 3 technology will power. This hub aims to provide Blast users with token swapping capabilities, optimizing price execution by combining on-chain and off-chain liquidity sources. Fenix Finance Orbs Orbs' Investment Strategy This investment aligns with Orbs' broader strategy of supporting projects that utilize its technology. The company has previously invested in several protocols operating on various Ethereum Virtual Machine (EVM) chains, including Thena, IntentX, Symmio, and Harris & Trotter. Orbs' technology is designed to enhance capital efficiency and deepen on-chain liquidity for these protocols. Fenix Finance has been operating in open beta for less than two months but has already attracted over 5,000 users and generated more than $150 million in trading volume. The platform is aiming to increase its market share in the DEX space on Blast, which has grown to become the second-largest Ethereum Layer 2 network. Development Plans The seed funding will support several initiatives: Accelerating the development of the Fenix protocol Onboarding more partners to deepen available liquidity Ongoing development of Fenix Nest, which incorporates key components of the Curve ecosystem Accelerating the development of the Fenix protocol Onboarding more partners to deepen available liquidity Ongoing development of Fenix Nest, which incorporates key components of the Curve ecosystem Fenix Nest includes features such as a vote delegator, vote optimizer, and rewards auto-compounder, which power a voting incentives marketplace. Analysis and Outlook This seed investment represents a significant step for Fenix Finance in establishing itself within the competitive DEX landscape. The partnership with Orbs could provide Fenix with a technological edge, particularly in terms of liquidity aggregation and trading execution. However, the DEX market is highly competitive, with established players and constant innovation. Fenix's success will likely depend on its ability to differentiate itself through superior user experience, deeper liquidity, and unique features offered by its integration with Orbs' Layer 3 technology. The growth of the Blast network as an Ethereum Layer 2 solution is also a critical factor. If Blast continues to gain traction, it could provide a fertile ground for Fenix to expand its user base and trading volume. As the decentralized finance (DeFi) space continues to evolve, partnerships between infrastructure providers like Orbs and DEX platforms like Fenix may become increasingly common. These collaborations could lead to more efficient and user-friendly DeFi ecosystems, potentially accelerating mainstream adoption of decentralized trading platforms. While the $300,000 seed investment is relatively modest in the context of larger DeFi funding rounds, it provides Fenix Finance with resources to develop its platform at this early stage. The true test will be in the execution of their roadmap and their ability to capture market share in the competitive DEX landscape. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Vested Interest Disclosure: business blogging program business blogging program

Fenix Finance Secures $300K Seed Investment from Orbs

Fenix Finance Orbs থেকে $300K বীজ বিনিয়োগ সুরক্ষিত করে

Fenix Finance sichert sich 300.000 US-Dollar Startkapital von Orbs

Fenix Finance obtiene una inversión inicial de 300.000 dólares de Orbs

Fenix Finance obtient un investissement de démarrage de 300 000 $ d'Orbs

फेनिक्स फाइनेंस को ऑर्ब्स से 300 हजार डॉलर का बीज निवेश मिला

Fenix Finance、Orbs から 30 万ドルのシード投資を獲得

Fenix Finance, Orbs로부터 30만 달러 규모의 시드 투자 확보

Fenix Finance garante investimento inicial de US$ 300 mil da Orbs

Fenix Finance получила от Orbs начальные инвестиции в размере 300 тыс. долларов США

Fenix Finance, Orbs'tan 300 Bin Dolarlık Tohum Yatırımı Sağladı

Fenix Finance đảm bảo khoản đầu tư hạt giống trị giá 300 nghìn đô la từ Orbs

Fenix Finance 从 Orbs 获得 30 万美元种子投资

**IRVINE, US, June 13th, 2024/GamingWire/**Maincard.io, the leading Web3 sports fantasy card game, proudly announces its launch on the mainnet of TON blockchain. This milestone marks a significant leap forward in revolutionizing the sports betting industry with blockchain technology, providing a seamless and engaging gaming experience for millions of Telegram users worldwide. Innovating Fantasy Sports Games on TON Blockchain Since January 2024, Maincard has been diligently developing its platform on TON blockchain in the test network, a recognition of the potential for mass adoption within TON ecosystem. The goal was to transfer most of the game's functionality, which is already available on the Polygon blockchain, and include exclusive features for TON blockchain. In March 2024, Maincard was accepted into TON Foundation accelerator program from a pool of 170 applicants, validating its potential and opening up investment opportunities within TON ecosystem, including access to a $2 million funding pool from TON Ventures. Val Makovetskii, CEO and founder of Maincard, remarked about the launch on TON: "TON makes mass adoption of blockchain as easy as opening your Telegram app, by providing access to nearly a billion potential users and a reliable infrastructure to build on, we can expand and improve everyday." Commenting on the launch, Inal Kardan, Gaming Lead at TON Foundation, noted: "We are delighted to welcome Maincard to TON ecosystem. The Maincard team has done extensive work in the testnet to launch their application on TON and within Telegram, and we are thrilled to see them moving to the mainnet. The launch of products like Maincard is another step towards achieving the mass adoption of Web3 products and services. The Maincard team’s successful completion of TON Foundation Acceleration Program demonstrates their ability to create high-quality products for millions of users on Telegram." Exciting Game Mechanics and Welcome Gift for New Players Maincard allows players to predict real-life sports and esports events using game cards to earn rewards. Maincard introduces its innovative Battles mode, designed for solo play, and Tournaments, offering weekly competitive events where players vie for a share of the prize pool. Predictions on Maincard are now completely free for users. To celebrate the Maincard launch, newly registered users can receive two FREE game cards to start playing by connecting to the Maincard bot in the Telegram App. Incentive Program continued Maincard allocated up to 50,000 TON tokens as incentives to reward the community's involvement in the transition to TON and to incentivize active players. During the first airdrop, Maincard community members received 5,200 TON tokens, valued at around $35,000 at the time of distribution. An additional 45,000 TON tokens remain earmarked as incentive rewards for users, including those who join the game on the mainnet. About Maincard.io: Maincard.io is a Web3 sports fantasy card game that allows users to earn rewards by predicting real sports and esports events. Using a free-to-play model, Maincard.io is dedicated to introducing Web3 concepts to audiences through engaging and enjoyable experiences and providing a new approach to sports predictions. The platform extends its development into various sports areas for predictions, including esports, NBA, football (English Premier League, La Liga, Bundesliga, Serie A, Ligue 1, etc.), NFL, NHL, MMA, MLB, and cricket. Maincard is available on both the Polygon and TON blockchains. For more information, you can follow: Website | Twitter | Discord | Telegram | Medium Contact CEO Valerii Makovetskii Maincard hello@maincard.io This story was distributed as a release by Gamingwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **IRVINE, US, June 13th, 2024/GamingWire/**Maincard.io, the leading Web3 sports fantasy card game, proudly announces its launch on the mainnet of TON blockchain. This milestone marks a significant leap forward in revolutionizing the sports betting industry with blockchain technology, providing a seamless and engaging gaming experience for millions of Telegram users worldwide. Innovating Fantasy Sports Games on TON Blockchain Since January 2024, Maincard has been diligently developing its platform on TON blockchain in the test network, a recognition of the potential for mass adoption within TON ecosystem. The goal was to transfer most of the game's functionality, which is already available on the Polygon blockchain, and include exclusive features for TON blockchain. In March 2024, Maincard was accepted into TON Foundation accelerator program from a pool of 170 applicants, validating its potential and opening up investment opportunities within TON ecosystem, including access to a $2 million funding pool from TON Ventures. Val Makovetskii, CEO and founder of Maincard, remarked about the launch on TON: "TON makes mass adoption of blockchain as easy as opening your Telegram app, by providing access to nearly a billion potential users and a reliable infrastructure to build on, we can expand and improve everyday." Commenting on the launch, Inal Kardan, Gaming Lead at TON Foundation, noted: "We are delighted to welcome Maincard to TON ecosystem. The Maincard team has done extensive work in the testnet to launch their application on TON and within Telegram, and we are thrilled to see them moving to the mainnet. The launch of products like Maincard is another step towards achieving the mass adoption of Web3 products and services. The Maincard team’s successful completion of TON Foundation Acceleration Program demonstrates their ability to create high-quality products for millions of users on Telegram." "We are delighted to welcome Maincard to TON ecosystem. The Maincard team has done extensive work in the testnet to launch their application on TON and within Telegram, and we are thrilled to see them moving to the mainnet. The launch of products like Maincard is another step towards achieving the mass adoption of Web3 products and services. The Maincard team’s successful completion of TON Foundation Acceleration Program demonstrates their ability to create high-quality products for millions of users on Telegram." Exciting Game Mechanics and Welcome Gift for New Players Maincard allows players to predict real-life sports and esports events using game cards to earn rewards. Maincard introduces its innovative Battles mode, designed for solo play, and Tournaments, offering weekly competitive events where players vie for a share of the prize pool. Predictions on Maincard are now completely free for users. To celebrate the Maincard launch, newly registered users can receive two FREE game cards to start playing by connecting to the Maincard bot in the Telegram App . Maincard bot in the Telegram App Maincard bot in the Telegram App Incentive Program continued Maincard allocated up to 50,000 TON tokens as incentives to reward the community's involvement in the transition to TON and to incentivize active players. During the first airdrop, Maincard community members received 5,200 TON tokens, valued at around $35,000 at the time of distribution . An additional 45,000 TON tokens remain earmarked as incentive rewards for users, including those who join the game on the mainnet. distribution distribution 45,000 TON tokens remain earmarked 45,000 TON tokens remain earmarked About Maincard.io: Maincard.io is a Web3 sports fantasy card game that allows users to earn rewards by predicting real sports and esports events. Using a free-to-play model, Maincard.io is dedicated to introducing Web3 concepts to audiences through engaging and enjoyable experiences and providing a new approach to sports predictions. The platform extends its development into various sports areas for predictions, including esports, NBA, football (English Premier League, La Liga, Bundesliga, Serie A, Ligue 1, etc.), NFL, NHL, MMA, MLB, and cricket. Maincard is available on both the Polygon and TON blockchains. Polygon Polygon TON TON For more information, you can follow: Website | Twitter | Discord | Telegram | Medium Website Website Twitter Twitter Discord Discord Telegram Telegram Medium Medium Contact CEO Valerii Makovetskii Maincard hello@maincard.io This story was distributed as a release by Gamingwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Gamingwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Web3 Sports Fantasy Game Maincard.io Now Live On TON

Web3 স্পোর্টস ফ্যান্টাসি গেম Maincard.io এখন TON-এ লাইভ

Web3-Sport-Fantasy-Spiel Maincard.io jetzt live auf TON

El juego Web3 Sports Fantasy Maincard.io ya está disponible en TON

Le jeu Web3 Sports Fantasy Maincard.io est désormais en ligne sur TON

वेब3 स्पोर्ट्स फैंटेसी गेम Maincard.io अब TON पर लाइव

Web3 スポーツファンタジーゲーム Maincard.io が TON でリリース

Web3 스포츠 판타지 게임 Maincard.io가 이제 TON에서 출시됩니다.

Web3 Sports Fantasy Game Maincard.io agora ao vivo na TON

Спортивная фэнтезийная игра Web3 Maincard.io теперь доступна на TON

Web3 Fantazi Spor Oyunu Maincard.io Artık TON'da Yayında

Trò chơi giả tưởng thể thao Web3 Maincard.io hiện có mặt trên TON

Web3 体育幻想游戏 Maincard.io 现已在 TON 上线

A Comparative Study On Mass Adoption Strategies In Web3 

On June 1, the EOS Network will undergo a transformation with the implementation of a new tokenomics model. This change, approved by the EOS block producers following a supermajority consensus, will cap the EOS token supply at 2.1 billion, marking a reduction in the Fully Diluted Value (FDV) by 80%. This strategic pivot is aimed at stabilizing the economic environment of the EOS ecosystem and aligning it with long-term growth objectives. The shift from an inflationary model with a potential maximum of 10 billion tokens to a fixed supply of 2.1 billion is a fundamental change. By eliminating inflation, EOS intends to offer a more predictable economic landscape for investors and participants. This decision could enhance the perceived value of EOS tokens as a more stable and scarce asset. In my opinion, introducing a four-year halving cycle is another strategic move borrowed from the playbook of other successful cryptocurrencies like Bitcoin. These cycles are designed to reduce the rate at which new tokens are introduced into the market, potentially increasing scarcity and demand over time. The allocation of funds to middleware operations and the RAM market is particularly noteworthy. By earmarking 350 million tokens for RAM market enhancements, EOS is taking a proactive step to ensure the scalability and efficiency of network operations. These measures are expected to improve the functionality between older web technologies and newer blockchain-based solutions, enhancing user and developer experiences on the EOS network. The introduction of high-yield staking rewards, coupled with modifications to the staking lockup periods, aims to incentivize long-term holding and active participation within the network. This could lead to greater network security and more stable governance as more stakeholders are encouraged to engage deeply with the ecosystem. The overhaul of EOS's economic model can be seen as an attempt to address several challenges faced by the blockchain sector, including inflation management, economic stability, and user engagement. By implementing these changes, EOS is not only adapting to the competitive pressures within the blockchain space but also trying to carve out a niche that could attract substantial investment and development activity. However, the success of this new tokenographics strategy will largely depend on its execution and the community's response to these changes. While the reduction in FDV and the implementation of economic controls are promising on paper, the actual impact on market dynamics and the broader ecosystem remains to be seen. Final Thoughts As EOS transitions into this new era, it stands at a critical juncture. The decisions made today will likely have long-lasting impacts on its position within the blockchain industry. If successful, these changes could pave the way for EOS to become a more influential player in the Web3 revolution, offering a robust and economically stable platform for developers and users alike. The coming months will be crucial for observing how these adjustments play out in real-world scenarios and whether they will bolster the confidence of stakeholders and attract new users to the platform. The EOS community and potential investors will undoubtedly keep a close watch on the evolving landscape, hopeful that these bold moves will lead to a prosperous future for the network. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. On June 1, the EOS Network will undergo a transformation with the implementation of a new tokenomics model . This change, approved by the EOS block producers following a supermajority consensus, will cap the EOS token supply at 2.1 billion, marking a reduction in the Fully Diluted Value (FDV) by 80%. This strategic pivot is aimed at stabilizing the economic environment of the EOS ecosystem and aligning it with long-term growth objectives. EOS Network new tokenomics model The shift from an inflationary model with a potential maximum of 10 billion tokens to a fixed supply of 2.1 billion is a fundamental change. By eliminating inflation, EOS intends to offer a more predictable economic landscape for investors and participants. This decision could enhance the perceived value of EOS tokens as a more stable and scarce asset. In my opinion, introducing a four-year halving cycle is another strategic move borrowed from the playbook of other successful cryptocurrencies like Bitcoin. These cycles are designed to reduce the rate at which new tokens are introduced into the market, potentially increasing scarcity and demand over time. The allocation of funds to middleware operations and the RAM market is particularly noteworthy. By earmarking 350 million tokens for RAM market enhancements, EOS is taking a proactive step to ensure the scalability and efficiency of network operations. These measures are expected to improve the functionality between older web technologies and newer blockchain-based solutions, enhancing user and developer experiences on the EOS network. The introduction of high-yield staking rewards, coupled with modifications to the staking lockup periods, aims to incentivize long-term holding and active participation within the network. This could lead to greater network security and more stable governance as more stakeholders are encouraged to engage deeply with the ecosystem. The overhaul of EOS's economic model can be seen as an attempt to address several challenges faced by the blockchain sector, including inflation management, economic stability, and user engagement. By implementing these changes, EOS is not only adapting to the competitive pressures within the blockchain space but also trying to carve out a niche that could attract substantial investment and development activity. However, the success of this new tokenographics strategy will largely depend on its execution and the community's response to these changes. While the reduction in FDV and the implementation of economic controls are promising on paper, the actual impact on market dynamics and the broader ecosystem remains to be seen. Final Thoughts As EOS transitions into this new era, it stands at a critical juncture. The decisions made today will likely have long-lasting impacts on its position within the blockchain industry. If successful, these changes could pave the way for EOS to become a more influential player in the Web3 revolution, offering a robust and economically stable platform for developers and users alike. The coming months will be crucial for observing how these adjustments play out in real-world scenarios and whether they will bolster the confidence of stakeholders and attract new users to the platform. The EOS community and potential investors will undoubtedly keep a close watch on the evolving landscape, hopeful that these bold moves will lead to a prosperous future for the network. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Vested Interest Disclosure: business blogging program business blogging program

EOS Network Redefines Crypto Economics with New Tokenomics Model

EOS নেটওয়ার্ক নতুন টোকেনমিক্স মডেলের সাথে ক্রিপ্টো ইকোনমিক্সকে পুনরায় সংজ্ঞায়িত করে

EOS Network definiert Kryptoökonomie mit neuem Tokenomics-Modell neu

EOS Network redefine la criptoeconomía con un nuevo modelo de Tokenomics

Le réseau EOS redéfinit l'économie de la cryptographie avec le nouveau modèle Tokenomics

EOS नेटवर्क ने नए टोकनॉमिक्स मॉडल के साथ क्रिप्टो अर्थशास्त्र को फिर से परिभाषित किया

EOS ネットワークが新しいトークノミクス モデルで暗号経済を再定義

EOS 네트워크는 새로운 토큰경제학 모델로 암호화폐 경제를 재정의합니다.

Rede EOS redefine a economia criptográfica com novo modelo Tokenomics

Сеть EOS переопределяет криптоэкономику с помощью новой модели токеномики

EOS Ağı, Yeni Tokenomik Modeli ile Kripto Ekonomisini Yeniden Tanımlıyor

Mạng EOS định nghĩa lại nền kinh tế tiền điện tử với mô hình Tokenomics mới

EOS 网络通过新的代币经济学模型重新定义加密经济学

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