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Even

even

The TechBeat: Towards Glory: Lumoz OG NFT Event is Now Live! (11/20/2024)

CHARLESTOWN, Saint Kitts and Nevis, November 18th, 2024/Chainwire/--WeFi, the next-generation financial platform dedicated to reimagining access to global financial tools, successfully holded the highly anticipated Token Generation Event for its native $WFI token on Friday, November 15th. Following the TGE, $WFI debuted on Bitmart on November 18th, opening up new avenues for participation and interaction within the WeFi ecosystem. The $WFI token is the lifeblood of WeFi’s ecosystem, which seeks to empower users with a seamless blend of DeFi and traditional financial tools. Initially launched on Binance Smart Chain (BSC), $WFI will soon migrate to WeFi’s own WeChain blockchain, where it will power everything from liquidity pools and transaction fees to staking and advanced dApps. With a fixed supply of 1,000,000,000 tokens, $WFI was engineered to foster a unique ecosystem that values community participation and sustainable growth over quick gains. The TGE for $WFI embodies WeFi’s commitment to a Fair Launch model, ensuring that all participants have equal access to the token from the outset, without the advantage of pre-sale allocations or VIP access. This Fair Launch approach aligns with WeFi’s mission to create a Financial ecosystem rooted in transparency and inclusivity, making $WFI accessible to a broad community of users. A key feature that sets WeFi apart is its non-custodial account system, which seamlessly bridges Web3 and traditional banking. Users maintain full control of their digital assets while enjoying everyday banking convenience: their Web3 wallet connects directly to a non-custodial bank account linked to a credit card, enabling automatic spending from their crypto holdings without manual top-ups. This means users can spend their digital assets as easily as traditional currency while retaining complete custody of their funds. This non-custodial design is expected to be a defining feature for WeFi, empowering users with secure, self-managed access to $WFI and positioning WeFi as a forward-thinking platform in the DeFi space. A central pillar of WeFi’s approach is the Initial Technology Offering, or ITO platform, which facilitates community-driven token distribution through ITO nodes. These nodes allow early adopters to mine $WFI while also granting access to exclusive WeFi services, early listings, and additional rewards – creating a multi-faceted engagement model. Since its inception, the ITO platform has seen remarkable activity, with over 35 million $WFI tokens already minted, reflecting robust community support and interest in WeFi’s vision. Through ITO nodes, WeFi doesn’t just focus on mining but builds a network of committed users actively participating in the platform's growth and evolution. Maksym Sakharov, Co-Founder and Group CEO of WeFi shared his enthusiasm about the TGE and the ecosystem’s trajectory: “Our vision is rooted in the belief that access to the global economy is a fundamental right. We see a future where everyone, regardless of location or wealth, can claim their financial freedom through a secure, accessible, compliant, and fair financial system. We’re building a financial infrastructure that respects user autonomy and fosters inclusivity on a global scale. $WFI is the heartbeat of our platform; it facilitates everything from day-to-day transactions to secure staking, and it’s tailored for real use within our evolving ecosystem”. Sakharov added: “The TGE is a milestone that brings us closer to our vision of a new banking system where users truly own and benefit from the system they support. We’re thrilled to see $WFI go live on a major exchange, for more users to engage with WeFi and take control of their financial future.” The $WFI listing on Bitmart at 11 AM UTC on November 18 kickstarted the journey. The deposits were opened on November 16 at 11:00 AM UTC, and withdrawals will be available starting November 19 at 11:00 AM UTC. This initial launch will boost liquidity and create new entry points for users globally, amplifying the reach of WeFi’s ecosystem. As WeFi advances, the platform’s development roadmap includes further integration with the WeChain blockchain and the continued rollout of Neobank services. This TGE marks a significant chapter in WeFi’s journey to create a community-driven ecosystem that combines financial freedom with robust utility, thus signaling a new era of possibilities for decentralized finance. About WeFi WeFi is a pioneering global blockchain ecosystem and intelligent data platform dedicated to transforming finance through the integration of AI and blockchain technology. Focused on building a more inclusive and accessible financial system, WeFi leverages AI-driven nodes to analyze transactional patterns, proactively prevent financial crime, and deliver transparency, interoperability, and real-time insights to the global finance and fintech sectors. Through its Initial Technology Offering (ITO), WeFi invites early adopters to participate in the ecosystem, earning rewards while contributing to its mission of democratizing finance and setting new regulatory standards worldwide. For more information, users can visit WeFi’s ITO website at wechain.ai or follow us on X for updates on $WFI and the WeFi ecosystem. Contact WeFi press@wefi.co This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here CHARLESTOWN, Saint Kitts and Nevis, November 18th, 2024/Chainwire/--WeFi, the next-generation financial platform dedicated to reimagining access to global financial tools, successfully holded the highly anticipated Token Generation Event for its native $WFI token on Friday, November 15th. Following the TGE, $WFI debuted on Bitmart on November 18th, opening up new avenues for participation and interaction within the WeFi ecosystem. CHARLESTOWN, Saint Kitts and Nevis, November 18th, 2024/Chainwire/--WeFi, The $WFI token is the lifeblood of WeFi’s ecosystem, which seeks to empower users with a seamless blend of DeFi and traditional financial tools. Initially launched on Binance Smart Chain (BSC), $WFI will soon migrate to WeFi’s own WeChain blockchain, where it will power everything from liquidity pools and transaction fees to staking and advanced dApps. With a fixed supply of 1,000,000,000 tokens, $WFI was engineered to foster a unique ecosystem that values community participation and sustainable growth over quick gains. The TGE for $WFI embodies WeFi’s commitment to a Fair Launch model, ensuring that all participants have equal access to the token from the outset, without the advantage of pre-sale allocations or VIP access. This Fair Launch approach aligns with WeFi’s mission to create a Financial ecosystem rooted in transparency and inclusivity, making $WFI accessible to a broad community of users. A key feature that sets WeFi apart is its non-custodial account system, which seamlessly bridges Web3 and traditional banking. Users maintain full control of their digital assets while enjoying everyday banking convenience: their Web3 wallet connects directly to a non-custodial bank account linked to a credit card, enabling automatic spending from their crypto holdings without manual top-ups. This means users can spend their digital assets as easily as traditional currency while retaining complete custody of their funds. This non-custodial design is expected to be a defining feature for WeFi, empowering users with secure, self-managed access to $WFI and positioning WeFi as a forward-thinking platform in the DeFi space. A central pillar of WeFi’s approach is the Initial Technology Offering, or ITO platform, which facilitates community-driven token distribution through ITO nodes. These nodes allow early adopters to mine $WFI while also granting access to exclusive WeFi services, early listings, and additional rewards – creating a multi-faceted engagement model. Since its inception, the ITO platform has seen remarkable activity, with over 35 million $WFI tokens already minted, reflecting robust community support and interest in WeFi’s vision. Through ITO nodes , WeFi doesn’t just focus on mining but builds a network of committed users actively participating in the platform's growth and evolution. ITO nodes ITO nodes Maksym Sakharov, Co-Founder and Group CEO of WeFi shared his enthusiasm about the TGE and the ecosystem’s trajectory: “Our vision is rooted in the belief that access to the global economy is a fundamental right. We see a future where everyone, regardless of location or wealth, can claim their financial freedom through a secure, accessible, compliant, and fair financial system. We’re building a financial infrastructure that respects user autonomy and fosters inclusivity on a global scale. $WFI is the heartbeat of our platform; it facilitates everything from day-to-day transactions to secure staking, and it’s tailored for real use within our evolving ecosystem”. Maksym Sakharov, Co-Founder and Group CEO of WeFi shared his enthusiasm about the TGE and the ecosystem’s trajectory: “Our vision is rooted in the belief that access to the global economy is a fundamental right. We see a future where everyone, regardless of location or wealth, can claim their financial freedom through a secure, accessible, compliant, and fair financial system. We’re building a financial infrastructure that respects user autonomy and fosters inclusivity on a global scale. $WFI is the heartbeat of our platform; it facilitates everything from day-to-day transactions to secure staking, and it’s tailored for real use within our evolving ecosystem”. Sakharov added: “The TGE is a milestone that brings us closer to our vision of a new banking system where users truly own and benefit from the system they support. We’re thrilled to see $WFI go live on a major exchange, for more users to engage with WeFi and take control of their financial future.” Sakharov added: “The TGE is a milestone that brings us closer to our vision of a new banking system where users truly own and benefit from the system they support. We’re thrilled to see $WFI go live on a major exchange, for more users to engage with WeFi and take control of their financial future.” The $WFI listing on Bitmart at 11 AM UTC on November 18 kickstarted the journey. The deposits were opened on November 16 at 11:00 AM UTC, and withdrawals will be available starting November 19 at 11:00 AM UTC. This initial launch will boost liquidity and create new entry points for users globally, amplifying the reach of WeFi’s ecosystem. As WeFi advances, the platform’s development roadmap includes further integration with the WeChain blockchain and the continued rollout of Neobank services. This TGE marks a significant chapter in WeFi’s journey to create a community-driven ecosystem that combines financial freedom with robust utility, thus signaling a new era of possibilities for decentralized finance. About WeFi WeFi is a pioneering global blockchain ecosystem and intelligent data platform dedicated to transforming finance through the integration of AI and blockchain technology. Focused on building a more inclusive and accessible financial system, WeFi leverages AI-driven nodes to analyze transactional patterns, proactively prevent financial crime, and deliver transparency, interoperability, and real-time insights to the global finance and fintech sectors. Through its Initial Technology Offering (ITO), WeFi invites early adopters to participate in the ecosystem, earning rewards while contributing to its mission of democratizing finance and setting new regulatory standards worldwide. For more information, users can visit WeFi’s ITO website at wechain.ai or follow us on X for updates on $WFI and the WeFi ecosystem. wechain.ai wechain.ai X X Contact WeFi press@wefi.co 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

WeFi To Enter New Phase Of DeFi Following November $WFI Token Generation Event

Το WeFi θα εισέλθει σε νέα φάση του DeFi μετά το συμβάν δημιουργίας διακριτικών $WFI του Νοεμβρίου

WeFi entrará en una nueva fase de DeFi tras el evento de generación de tokens $WFI de noviembre

ورود WeFi به فاز جدید DeFi پس از رویداد تولید توکن $WFI در نوامبر

WeFi ulazi u novu fazu DeFi-ja nakon događaja generiranja $WFI tokena u studenom

WeFi-ը կմտնի DeFi-ի նոր փուլ՝ նոյեմբերի $WFI Token Generation իրադարձությունից հետո

WeFi entrerà in una nuova fase di DeFi dopo l'evento di generazione del token $WFI di novembre

WeFi、11月の$WFIトークン生成イベントに続きDeFiの新たな段階へ

Pēc novembra $WFI marķiera ģenerēšanas pasākuma WeFi ieies jaunā DeFi fāzē

WeFi 11-р сард $WFI жетон үүсгэх арга хэмжээний дараа DeFi-ийн шинэ шатанд орно

WeFi Akan Memasuki Fasa Baharu DeFi Selepas Acara Penjanaan Token $WFI November

WeFi Go Tsena Mogato o Mofsa Wa DeFi Go Latela November $WFI Token Generation Event

WeFi va intra într-o nouă fază a DeFi după evenimentul de generare a jetoanelor $WFI din noiembrie

Dear Lumoz Community, We’re thrilled to announce that the Lumoz OG NFT event will officially launch on November 12 at 16:00 (UTC+8)! To celebrate this historic moment and prepare for our upcoming mainnet, Lumoz will be rolling out a series of exciting events, giving you the chance to acquire NFTs of various rarities, unlock esMOZ in advance, and dive deeper into Lumoz’s mainnet journey! Obtain Lumoz OG NFTs now at Lumoz Official Website! Introduction to Lumoz OG NFT The Lumoz OG NFT collection consists of one million NFTs in three different rarity levels: Sly (Slytherin), Puff (Hufflepuff), and Claw (Ravenclaw). Each represents the identity and status of community members within the Lumoz ecosystem—Sly embodies ambition; Puff stands for hard work and justice; and Claw symbolizes wisdom and courage. In the future, these NFTs will journey alongside Lumoz toward a remarkable mainnet adventure. Utility of Lumoz OG NFT In short, with the Lumoz OG NFT, users can instantly convert esMOZ to MOZ without any lock-up period. Sly allows 200 esMOZ to be directly converted to MOZ. Puff allows 1,000 esMOZ to be directly converted to MOZ. Claw allows 5,000 esMOZ to be directly converted to MOZ. Note: Without any NFT benefits, esMOZ will still follow a 1:1 conversion ratio with MOZ; however, the conversion process will include a certain unlock period. For detailed rules, please refer to the official documentation. Ways to Obtain Lumoz OG NFT: Complete Tasks on the Galxe Quest Platform: Participate in Galxe activities for a chance to obtain an NFT, with a total allocation of 100,000 available.
Participation link: https://app.galxe.com/quest/Lumoz/GCjZStVuHr


Lumoz Discord Community Loyalty Rewards, NFTs are distributed in two ways: 1) Every Tuesday, based on user activity levels. Users need to send their address in a designated channel to claim. 2)Through regular quizzes, polls, and other events in Discord.
Participation link: https://discord.com/invite/lumozorg


Global KOL Incentive Program: Open to global KOLs to recognize past, present, and future contributions to Lumoz. The number of NFTs per KOL is limited, first-come, first-served!
Application link: https://forms.gle/bgwoi6fZcgzQXaK19


Direct Airdrop to Lumoz Node Holders: Details to be announced.


Lumoz Ecosystem Partner and Developer Incentives: More details will be released during the event. Lumoz has also prepared a detailed tutorial on how to obtain the Lumoz OG NFT. Check it out! Upgrade to Lumoz OG NFT Features The Lumoz OG NFTs were designed to better serve community users. Beyond providing basic redemption functionality, we aim to enhance the fun and playability of these NFTs to the fullest. In the future, these NFTs may support various functionalities like free trading, burning, and staking. We will release more details on these NFTs soon, so stay tuned! Notably, last week we opened the Lumoz esMOZ airdrop query, and so far, over 3 million users have participated. This week, we also announced an airdrop for the CARV community—please check your eligibility. Additional airdrops are coming soon, so stay tuned! Finally, a big thank you to every community member for supporting Lumoz. Let’s welcome the Lumoz mainnet launch together and embark on this exciting journey! About Lumoz Lumoz is a leading modular computing layer and ZK-RaaS (Zero-Knowledge Rollup as a Service) platform that utilizes a PoW (Proof-of-Work) mining mechanism to effectively provide computing power for rollups, ZK-ML (Zero-Knowledge Machine Learning), and ZKP (Zero-Knowledge Proof) verification. In the first half of this year, Lumoz completed its Pre-A round and strategic financing, raising a total of $14 million to date, with its latest valuation reaching $300 million. Key investors include OKX Ventures, HashKey Capital, IDG, Web3port, and Polygon. Lumoz has successfully conducted three rounds of incentivized testnets, attracting over 1.5 million regular users, 200+ projects, 28,137 validators, and 145 PoW miners. The mainnet is expected to launch by the end of this year. Dear Lumoz Community, We’re thrilled to announce that the Lumoz OG NFT event will officially launch on November 12 at 16:00 (UTC+8)! To celebrate this historic moment and prepare for our upcoming mainnet, Lumoz will be rolling out a series of exciting events, giving you the chance to acquire NFTs of various rarities, unlock esMOZ in advance, and dive deeper into Lumoz’s mainnet journey! Obtain Lumoz OG NFTs now at Lumoz Official Website ! Lumoz Official Website Lumoz Official Website Introduction to Lumoz OG NFT The Lumoz OG NFT collection consists of one million NFTs in three different rarity levels: Sly (Slytherin), Puff (Hufflepuff), and Claw (Ravenclaw). Each represents the identity and status of community members within the Lumoz ecosystem—Sly embodies ambition; Puff stands for hard work and justice; and Claw symbolizes wisdom and courage. In the future, these NFTs will journey alongside Lumoz toward a remarkable mainnet adventure. Utility of Lumoz OG NFT In short, with the Lumoz OG NFT, users can instantly convert esMOZ to MOZ without any lock-up period. Sly allows 200 esMOZ to be directly converted to MOZ. Puff allows 1,000 esMOZ to be directly converted to MOZ. Claw allows 5,000 esMOZ to be directly converted to MOZ. Note: Without any NFT benefits, esMOZ will still follow a 1:1 conversion ratio with MOZ; however, the conversion process will include a certain unlock period. For detailed rules, please refer to the official documentation. Note: Without any NFT benefits, esMOZ will still follow a 1:1 conversion ratio with MOZ; however, the conversion process will include a certain unlock period. For detailed rules, please refer to the official documentation . official documentation official documentation Ways to Obtain Lumoz OG NFT: Complete Tasks on the Galxe Quest Platform: Participate in Galxe activities for a chance to obtain an NFT, with a total allocation of 100,000 available.
Participation link: https://app.galxe.com/quest/Lumoz/GCjZStVuHr Lumoz Discord Community Loyalty Rewards, NFTs are distributed in two ways: 1) Every Tuesday, based on user activity levels. Users need to send their address in a designated channel to claim. 2)Through regular quizzes, polls, and other events in Discord.
Participation link: https://discord.com/invite/lumozorg Global KOL Incentive Program: Open to global KOLs to recognize past, present, and future contributions to Lumoz. The number of NFTs per KOL is limited, first-come, first-served!
Application link: https://forms.gle/bgwoi6fZcgzQXaK19 Direct Airdrop to Lumoz Node Holders: Details to be announced. Lumoz Ecosystem Partner and Developer Incentives: More details will be released during the event. Complete Tasks on the Galxe Quest Platform: Participate in Galxe activities for a chance to obtain an NFT, with a total allocation of 100,000 available. Participation link: https://app.galxe.com/quest/Lumoz/GCjZStVuHr Complete Tasks on the Galxe Quest Platform: Participate in Galxe activities for a chance to obtain an NFT, with a total allocation of 100,000 available. Participation link: https://app.galxe.com/quest/Lumoz/GCjZStVuHr https://app.galxe.com/quest/Lumoz/GCjZStVuHr https://app.galxe.com/quest/Lumoz/GCjZStVuHr Lumoz Discord Community Loyalty Rewards, NFTs are distributed in two ways: 1) Every Tuesday, based on user activity levels. Users need to send their address in a designated channel to claim. 2)Through regular quizzes, polls, and other events in Discord. Participation link: https://discord.com/invite/lumozorg Lumoz Discord Community Loyalty Rewards, NFTs are distributed in two ways: 1) Every Tuesday, based on user activity levels. Users need to send their address in a designated channel to claim. 2)Through regular quizzes, polls, and other events in Discord. Participation link: https://discord.com/invite/lumozorg https://discord.com/invite/lumozorg https://discord.com/invite/lumozorg Global KOL Incentive Program: Open to global KOLs to recognize past, present, and future contributions to Lumoz. The number of NFTs per KOL is limited, first-come, first-served! Application link: https://forms.gle/bgwoi6fZcgzQXaK19 Global KOL Incentive Program: Open to global KOLs to recognize past, present, and future contributions to Lumoz. The number of NFTs per KOL is limited, first-come, first-served! Application link: https://forms.gle/bgwoi6fZcgzQXaK19 https://forms.gle/bgwoi6fZcgzQXaK19 https://forms.gle/bgwoi6fZcgzQXaK19 Direct Airdrop to Lumoz Node Holders: Details to be announced. Direct Airdrop to Lumoz Node Holders: Details to be announced. Lumoz Ecosystem Partner and Developer Incentives: More details will be released during the event. Lumoz Ecosystem Partner and Developer Incentives: More details will be released during the event. Lumoz has also prepared a detailed tutorial on how to obtain the Lumoz OG NFT. Check it out! detailed tutorial detailed tutorial Upgrade to Lumoz OG NFT Features Upgrade to Lumoz OG NFT Features The Lumoz OG NFTs were designed to better serve community users. Beyond providing basic redemption functionality, we aim to enhance the fun and playability of these NFTs to the fullest. In the future, these NFTs may support various functionalities like free trading, burning, and staking. We will release more details on these NFTs soon, so stay tuned! Notably, last week we opened the Lumoz esMOZ airdrop query, and so far, over 3 million users have participated. This week, we also announced an airdrop for the CARV community—please check your eligibility. Additional airdrops are coming soon, so stay tuned! Finally, a big thank you to every community member for supporting Lumoz. Let’s welcome the Lumoz mainnet launch together and embark on this exciting journey! check your eligibility. check your eligibility. About Lumoz About Lumoz Lumoz is a leading modular computing layer and ZK-RaaS (Zero-Knowledge Rollup as a Service) platform that utilizes a PoW (Proof-of-Work) mining mechanism to effectively provide computing power for rollups, ZK-ML (Zero-Knowledge Machine Learning), and ZKP (Zero-Knowledge Proof) verification. In the first half of this year, Lumoz completed its Pre-A round and strategic financing, raising a total of $14 million to date, with its latest valuation reaching $300 million. Key investors include OKX Ventures, HashKey Capital, IDG, Web3port, and Polygon. Lumoz has successfully conducted three rounds of incentivized testnets, attracting over 1.5 million regular users, 200+ projects, 28,137 validators, and 145 PoW miners. The mainnet is expected to launch by the end of this year.

Towards Glory: Lumoz OG NFT Event is Now Live!

نحو المجد: حدث Lumoz OG NFT مباشر الآن!

Şöhrətə Doğru: Lumoz OG NFT Tədbiri İndi Canlıdır!

Hacia la gloria: ¡el evento NFT de Lumoz OG ya está disponible!

栄光に向かって: Lumoz OG NFT イベントが開始しました!

Towards Glory: Lumoz OG NFT ღონისძიება ახლა პირდაპირ ეთერშია!

ឆ្ពោះទៅរកសិរីរុងរឿង៖ ព្រឹត្តិការណ៍ Lumoz OG NFT ឥឡូវនេះបានផ្សាយបន្តផ្ទាល់ហើយ!

Даңкка карай: Lumoz OG NFT окуясы азыр түз эфирде!

Mankany Voninahitra: Lumoz OG NFT hetsika dia velona izao!

මහිමය කරා: Lumoz OG NFT උත්සවය දැන් සජීවී වේ!

Towards Glory: Lumoz OG NFT Event je teraz naživo!

Назустріч славі: подія Lumoz OG NFT уже транслюється!

Towards Glory: Sự kiện NFT Lumoz OG đã chính thức diễn ra!

Dubai, UAE – November 12, 2024 – MEXC, a leading global cryptocurrency trading platform, took center stage at the first-ever Crypto Content Creator Campus (CCCC) conference, held at the W Hotel in Dubai. Bringing together top industry experts, influential key opinion leaders (KOLs), and senior executives, this landmark event focused on shaping the future of blockchain content. MEXC’s involvement at CCCC underscores its dedication to advancing blockchain innovation and empowering a dynamic, collaborative ecosystem for content creators. CCCC Highlights: Sharing Industry Trends The CCCC conference offered a unique platform for industry leaders to spearhead meaningful discussions and collaborate on the latest trends in crypto content creation. Covering topics from emerging industry trends to advanced content creation techniques, the event focused on elevating content quality, encouraging cross-platform knowledge exchange, and cultivating an environment that supports learning and career growth. Attendees came together with a shared vision to shape the future of crypto content creation. MEXC actively engaged with users during the event, sharing valuable industry insights and championing the expansion of the crypto ecosystem. Known for its rapid listing speed and extensive range of tokens, MEXC stands out in the industry with competitive advantages, such as the lowest trading fees, comprehensive liquidity, and strong annualized returns on MX airdrops. Through in-depth discussions with attendees, MEXC showcased its unique approach and shared its optimistic vision for the future of the crypto industry. MEXC Strengthens Ties with KOLs: Ferrari Giveaway Fuels Brand Excitement At the CCCC conference, MEXC engaged in meaningful interactions with prominent KOLs, including Coin Bureau and The Moon, broadening collaboration opportunities and setting the stage for future strategic partnerships. With a global network of over 2,000 KOLs, MEXC is dedicated to empowering influencers and building mutually beneficial relationships that propel the growth of crypto content creation. A standout moment at the event was MEXC’s announcement of its highly anticipated __Ferrari Giveaway, __featuring a prize pool up to 10 million—the largest in the industry. This first-of-its-kind Ferrari SF90 lottery not only offers substantial rewards but also exemplifies MEXC's bold approach to user engagement and appreciation. The Ferrari Giveaway embodies MEXC's brand spirit of "speed and innovation," showcasing its dedication to continuous product innovation and exceptional user experience. To boost user excitement and strengthen brand engagement, MEXC recently launched a KOL street photography challenge, inviting creators to capture unforgettable moments featuring Ferrari Giveaway's grand prize winner. Moving forward, MEXC will continue to collaborate closely with KOLs to drive innovation in crypto content creation, elevate user experiences, and foster a dynamic, mutually beneficial ecosystem. Pioneering a New Chapter in the Industry: MEXC's Vision for the Future Through this conference, MEXC not only showcased its industry-leading innovation but also strengthened its partnerships with global KOLs and content creators. "We see content creators as essential bridges for new and seasoned crypto users alike," said Tracy Jin, VP at MEXC. "Our sponsorship at CCCC reflects our dedication to supporting knowledge exchange and fostering a more informed crypto community." In alignment with MEXC's broader commitment to crypto education and industry growth, this event sponsorship supports the platform's mission to make cryptocurrency accessible to everyone. By empowering users with quality content and fostering partnerships within the creator community, MEXC aims to drive greater engagement, knowledge-sharing, and adoption. Looking ahead, MEXC will continue to deepen its collaboration with KOLs worldwide, creating valuable experiences and insights for users and shaping a new chapter in the industry's growth. This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here Dubai, UAE – November 12, 2024 – MEXC, a leading global cryptocurrency trading platform, took center stage at the first-ever Crypto Content Creator Campus (CCCC) conference, held at the W Hotel in Dubai. Bringing together top industry experts, influential key opinion leaders (KOLs), and senior executives, this landmark event focused on shaping the future of blockchain content. MEXC’s involvement at CCCC underscores its dedication to advancing blockchain innovation and empowering a dynamic, collaborative ecosystem for content creators. CCCC Highlights: Sharing Industry Trends The CCCC conference offered a unique platform for industry leaders to spearhead meaningful discussions and collaborate on the latest trends in crypto content creation. Covering topics from emerging industry trends to advanced content creation techniques, the event focused on elevating content quality, encouraging cross-platform knowledge exchange, and cultivating an environment that supports learning and career growth. Attendees came together with a shared vision to shape the future of crypto content creation. MEXC actively engaged with users during the event, sharing valuable industry insights and championing the expansion of the crypto ecosystem. Known for its rapid listing speed and extensive range of tokens, MEXC stands out in the industry with competitive advantages, such as the lowest trading fees, comprehensive liquidity, and strong annualized returns on MX airdrops. Through in-depth discussions with attendees, MEXC showcased its unique approach and shared its optimistic vision for the future of the crypto industry. MEXC Strengthens Ties with KOLs: Ferrari Giveaway Fuels Brand Excitement At the CCCC conference, MEXC engaged in meaningful interactions with prominent KOLs, including Coin Bureau and The Moon, broadening collaboration opportunities and setting the stage for future strategic partnerships. With a global network of over 2,000 KOLs, MEXC is dedicated to empowering influencers and building mutually beneficial relationships that propel the growth of crypto content creation. A standout moment at the event was MEXC’s announcement of its highly anticipated __ Ferrari Giveaway, __featuring a prize pool up to 10 million—the largest in the industry. This first-of-its-kind Ferrari SF90 lottery not only offers substantial rewards but also exemplifies MEXC's bold approach to user engagement and appreciation. The Ferrari Giveaway embodies MEXC's brand spirit of "speed and innovation," showcasing its dedication to continuous product innovation and exceptional user experience. Ferrari Giveaway, To boost user excitement and strengthen brand engagement, MEXC recently launched a KOL street photography challenge , inviting creators to capture unforgettable moments featuring Ferrari Giveaway's grand prize winner. Moving forward, MEXC will continue to collaborate closely with KOLs to drive innovation in crypto content creation, elevate user experiences, and foster a dynamic, mutually beneficial ecosystem. KOL street photography challenge KOL street photography challenge Pioneering a New Chapter in the Industry: MEXC's Vision for the Future Through this conference, MEXC not only showcased its industry-leading innovation but also strengthened its partnerships with global KOLs and content creators. "We see content creators as essential bridges for new and seasoned crypto users alike," said Tracy Jin, VP at MEXC. "Our sponsorship at CCCC reflects our dedication to supporting knowledge exchange and fostering a more informed crypto community." "We see content creators as essential bridges for new and seasoned crypto users alike," said Tracy Jin, VP at MEXC. "Our sponsorship at CCCC reflects our dedication to supporting knowledge exchange and fostering a more informed crypto community." In alignment with MEXC's broader commitment to crypto education and industry growth, this event sponsorship supports the platform's mission to make cryptocurrency accessible to everyone. By empowering users with quality content and fostering partnerships within the creator community, MEXC aims to drive greater engagement, knowledge-sharing, and adoption. Looking ahead, MEXC will continue to deepen its collaboration with KOLs worldwide, creating valuable experiences and insights for users and shaping a new chapter in the industry's growth. 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

MEXC Catalyzes New Era in Blockchain Content Creation at Inaugural CCCC Event

MEXC kataliseer 'n nuwe era in die skepping van blokketting-inhoud by die eerste CCCC-geleentheid

MEXC cataliza una nueva era en la creación de contenido blockchain en el evento inaugural del CCCC

MEXC عصر جدیدی را در تولید محتوای بلاک چین در رویداد افتتاحیه CCCC کاتالیز می کند

A MEXC katalizálja a blokklánc tartalomkészítés új korszakát a CCCC nyitó rendezvényén

MEXC Memicu Era Baru dalam Pembuatan Konten Blockchain di Acara CCCC Perdana

MEXC が初の CCCC イベントでブロックチェーン コンテンツ作成の新時代を促進

MEXC აკატალიზებს ახალ ეპოქას ბლოკჩეინში კონტენტის შექმნისას საინაუგურაციო CCCC ღონისძიებაზე

MEXC инаугурациялық CCCC іс-шарасында блокчейн мазмұнын жасаудағы жаңа дәуірді катализдейді

MEXC ले उद्घाटन CCCC कार्यक्रममा ब्लकचेन सामग्री निर्माणमा नयाँ युगलाई उत्प्रेरित गर्दछ

MEXC සමාරම්භක CCCC උත්සවයේදී Blockchain අන්තර්ගත නිර්මාණයේ නව යුගය උත්ප්‍රේරණය කරයි

MEXC давраи навро дар эҷоди мундариҷаи Blockchain дар чорабинии ифтитоҳии CCCC катализ мекунад

MEXC innaugural CCCC çäresinde Blockchain Mazmuny döretmekde täze döwri katalizleýär

Building Scalable Event-Driven Orchestration Platform in AWS

Cryptocurrency has gained increased attention as the financial landscape transforms, particularly in the growing field of digital assets. More than one-fifth of men (21%) hold cryptocurrencies, nearly twice that of women (11%). However, 46% of women don’t disprove interest in cryptocurrencies, narrowing the gap compared to men, 54% of whom answered identically. Among those potentially interested, half of the men surveyed would choose to pursue professional education or take a course as a first step before making any purchases. Interestingly, women show even greater openness to learning, with 54% opting to start with professional education. This data comes from an international survey conducted by BITmarkets Academy in partnership with Ipsos, which included over 1,550 respondents from selected European markets. “The survey highlights that, as with other areas of investment, men are more proactive in the cryptocurrency space, more willing to take risks, and more inclined to try new technologies. However, it is important to note that women's potential interest in cryptocurrencies is nearly on par with men's, and women are even more inclined to study the field before diving in. This may signal a trend toward converging economic interests between men and women,” said Ali Daylami, Head of Data Analytics at BITmarkets, commenting on the survey's findings. Men also report a stronger understanding of basic cryptocurrency terms, with only 4% admitting they know nothing about cryptocurrencies, compared to 9% of women. When it comes to more technical concepts such as “cryptocurrency exchange,” 14% of men and 24% of women admit a lack of knowledge. In the case of ETFs (exchange-traded funds), which increasingly invest in cryptocurrencies, ignorance rises to 29% among men and 41% among women. While statistics show that women generally hold less cryptocurrency compared to men, research shows that women are more open to learning about cryptocurrencies. This points to a growing curiosity and potential for greater involvement in the crypto space, as education and awareness are important in overcoming barriers such as financial confidence. By addressing these challenges, the cryptocurrency industry has the opportunity to engage and empower a broader, more diverse group of investors and participants. The full survey report is available at BITmarkets Academy. BITmarkets Academy is an educational project of the international cryptocurrency exchange BITmarkets. The exchange offers 24/7 support in 15 languages. Traders can engage in trading more than 200 cryptocurrencies, as well as gain access to daily market updates and diverse educational materials. For more information, explore BITmarkets.com or visit the exchange’s listing on CoinMarketCap.com. Cryptocurrency has gained increased attention as the financial landscape transforms, particularly in the growing field of digital assets. More than one-fifth of men (21%) hold cryptocurrencies, nearly twice that of women (11%). However, 46% of women don’t disprove interest in cryptocurrencies, narrowing the gap compared to men, 54% of whom answered identically. Among those potentially interested, half of the men surveyed would choose to pursue professional education or take a course as a first step before making any purchases. Interestingly, women show even greater openness to learning, with 54% opting to start with professional education. This data comes from an international survey conducted by BITmarkets Academy in partnership with Ipsos, which included over 1,550 respondents from selected European markets. BITmarkets Academy “The survey highlights that, as with other areas of investment, men are more proactive in the cryptocurrency space, more willing to take risks, and more inclined to try new technologies. However, it is important to note that women's potential interest in cryptocurrencies is nearly on par with men's, and women are even more inclined to study the field before diving in. This may signal a trend toward converging economic interests between men and women,” said Ali Daylami, Head of Data Analytics at BITmarkets, commenting on the survey's findings. Men also report a stronger understanding of basic cryptocurrency terms, with only 4% admitting they know nothing about cryptocurrencies, compared to 9% of women. When it comes to more technical concepts such as “cryptocurrency exchange,” 14% of men and 24% of women admit a lack of knowledge. In the case of ETFs (exchange-traded funds), which increasingly invest in cryptocurrencies, ignorance rises to 29% among men and 41% among women. While statistics show that women generally hold less cryptocurrency compared to men, research shows that women are more open to learning about cryptocurrencies. This points to a growing curiosity and potential for greater involvement in the crypto space, as education and awareness are important in overcoming barriers such as financial confidence. By addressing these challenges, the cryptocurrency industry has the opportunity to engage and empower a broader, more diverse group of investors and participants. The full survey report is available at BITmarkets Academy. The full survey report is available at BITmarkets Academy . BITmarkets Academy BITmarkets Academy is an educational project of the international cryptocurrency exchange BITmarkets. The exchange offers 24/7 support in 15 languages. Traders can engage in trading more than 200 cryptocurrencies, as well as gain access to daily market updates and diverse educational materials. For more information, explore BITmarkets.com or visit the exchange’s listing on CoinMarketCap.com. BITmarkets Academy BITmarkets Academy BITmarkets Academy is an educational project of the international cryptocurrency exchange BITmarkets. The exchange offers 24/7 support in 15 languages. Traders can engage in trading more than 200 cryptocurrencies, as well as gain access to daily market updates and diverse educational materials. For more information, explore BITmarkets.com or visit the exchange’s listing on CoinMarketCap.com . BITmarkets.com CoinMarketCap.com

Women Are More Eager to Learn About Cryptocurrency, Even if They Own Less

মহিলারা ক্রিপ্টোকারেন্সি সম্পর্কে জানতে বেশি আগ্রহী, যদিও তাদের মালিকানা কম

Žene su više željne saznanja o kriptovalutama, čak i ako posjeduju manje

Las mujeres están más dispuestas a aprender sobre criptomonedas, incluso si poseen menos

Emakumeak irrikaz daude Kriptomoneta buruz ikasteko, nahiz eta gutxiago eduki

Naiset ovat innokkaampia oppimaan kryptovaluutoista, vaikka he omistaisivat vähemmän

Կանայք ավելի շատ են ցանկանում սովորել կրիպտոարժույթի մասին, նույնիսկ եթե նրանք ավելի քիչ ունեն

女性は保有する仮想通貨が少ないにもかかわらず、仮想通貨について学ぶことに熱心である

여성들은 암호화폐에 대해 더 알고 싶어하지만, 암호화폐를 덜 소유하고 있어도 더 열망합니다.

Basi Bazali Na Posa Ya Koyeba Cryptocurrency, Ata Soki Bazali Na Moke

Sievietes vairāk vēlas uzzināt par kriptovalūtu, pat ja viņām pieder mazāk

කාන්තාවන් අඩුවෙන් හිමි වුවද, Cryptocurrency ගැන ඉගෙන ගැනීමට වැඩි කැමැත්තක් දක්වයි

Ayollar kamroq egalik qilishsa ham, kriptovalyuta haqida ko'proq o'rganishni xohlashadi

Event Time Processing with Flink and Beam - Power of Real time Analytics

Get Rich Building Verticalized AI Wrappers (Even If You Don’t Code)

রিচ বিল্ডিং ভার্টিক্যালাইজড এআই র‍্যাপার পান (এমনকি যদি আপনি কোড না করেন)

Werden Sie reich durch die Entwicklung vertikaler KI-Wrapper (auch wenn Sie nicht programmieren können)

Hazte rico creando contenedores de IA verticalizados (aunque no sepas programar)

Devenez riche en créant des wrappers d’IA verticalisés (même si vous ne codez pas)

वर्टिकलाइज़्ड AI रैपर बनाकर अमीर बनें (भले ही आप कोड न जानते हों)

Menjadi Kaya dengan Membangun Pembungkus AI Vertikal (Bahkan Jika Anda Tidak Membuat Kode)

垂直統合型 AI ラッパーを構築して金持ちになる (コードを書かなくても)

Rich Building вертикалдандырылған AI орауыштарын алыңыз (тіпті кодтамасаңыз да)

수직화된 AI 래퍼를 구축하여 부자가 되세요(코딩하지 않아도)

Баян барилгын босоо AI боодолтой бол (та код бичээгүй байсан ч)

Fique rico construindo wrappers de IA verticalizados (mesmo que você não codifique)

Разбогатейте, создавая вертикальные оболочки ИИ (даже если вы не пишете код)

Hel dhismo qani ah oo toosan AI ku duub (Xitaa Haddi aadan Codayn)

Get Rich Building Verticalized AI Wrappers (Kahit Hindi Ka Mag-code)

Dikey AI Sarmalayıcıları Oluşturarak Zengin Olun (Kodlamasanız Bile)

رچ بلڈنگ ورٹیکلائزڈ AI ریپر حاصل کریں (چاہے آپ کوڈ نہ بھی کریں)

Làm giàu bằng cách xây dựng các trình bao bọc AI theo chiều dọc (ngay cả khi bạn không viết mã)

通过构建垂直化 AI 包装器致富（即使你不会编码）

Financial institutions are investing heavily in AI, with North American banks leading the way in adopting gen AI for enhanced customer service and operational efficiency. The financial and banking services sector has entered a new phase in its digital transformation journey: the Artificial Intelligence (AI) era. While the use of AI in financial services is not new, and AI-powered applications such as trading algorithms and autonomous rule-based credit decision systems have been around for a while— the recent influx of capital from financial institutions to build future-proof AI infrastructure emphasizes the technology’s growing significance.According to a recentIDC report, the financial sector is projected to be the largest spender on AI solutions between 2024 and 2028, with banking at the forefront. The financial services industry is anticipated to account for over 20% of all AI expenditures, representing the highest growth rate among major industries. Today, AI's impact is evident across an array of financial applications, from automated knowledge management to personalized banking services. Specifically, North American banks are heavily investing in generative AI (genAI) to drive innovation and improve operational transparency. GenAI is helping enhance banking and chatbot capabilities, offering experiences that are distinct from traditional automated services. GenAI agents are now available 24/7 in multiple languages, to assist customers with banking queries and account management. To support these efforts, they are acquiring crucial hardware like AI chips and data processing infrastructure, while simultaneously channeling resources to hire human talent. Finance and AI: A Synergy in the Making Financial institutions are among the most data-rich organizations, handling billions of customer transactions and interactions across both digital and physical platforms. This wealth of data is essential to train A.I. systems, which is why banks have been pouring significant resources into maintaining the technology. The goal is to refine existing customer processes and explore high-impact use cases for inculcating A.I., scaling innovative prototypes into robust solutions. For instance, Paris-based Amundi, managing €2 trillion ($2.1 trillion) in assets, utilizes genAI tools to customize investment portfolios for its more than 100 million clients. By engaging clients in discussions about their risk preferences through its chatbot, the asset management firm crafts portfolios that meet individual needs while also gaining real-time insights into client sentiment. “Younger demographics, who will make up an increasingly large percentage of overall target customers for the finance industry - are very comfortable interacting with chatbots and often prefer this option over traditional options like call centers,” Ranjit Tinaikar, CEO of Ness Digital Engineering, told me. “AI can drastically improve the risk insights in pricing consumer loans. The banking industry is tapping into these trends to future-proof the way they deliver customer service and optimize experiences” Renowned North American investment bank and wealth management firm Morgan Stanley, recently introduced its new internal genAI model designed for its financial advisors and support staff. Powered by OpenAI’s GPT-4, the ‘AI @ Morgan Stanley Assistant’ helps thousands of wealth managers to swiftly retrieve information from an extensive internal knowledge base. It can also summarize client meeting notes and automatically draft follow-up emails. Despite its promise, the use of AI for handling sensitive financial decisions does have its drawbacks. AI models’ decision-making abilities are often hindered by unreliable data or unexpected infrastructural errors, which in turn impacts their effectiveness. Challenges and Limitations of AI in Financial Services A.I.'s ability to disrupt industry dynamics appears closely tied to the nature of customer data and the challenges it addresses. In banking service areas like wealth management or lending, where data is less abundant and unstable, A.I.'s impact has been more incremental than transformational. The finance industry’s experience with AI also raises questions about whether AI will democratize or consolidate power within the sector. “Most banking corporations don’t have the requisite organizational expertise and governance to deploy A.I. solutions. GenA.I. is only as smart as the data used to train the large language models (LLMs),” Tinaikar added. “Access to this data, which is often fragmented across internal and external systems, is a major challenge to create reliable financial A.I. models.” It is crucial to ensure that A.I. operates within a secure, ethical, and compliant framework to prevent potentially sensitive data misuse. In this context, larger companies with vast resources for technology and data investments hold a notable edge over their smaller rivals. For small and medium-sized businesses (SMBs), the real challenge to creating smarter and reliable A.I. systems is their inability to afford A.I. experts and invest in security management architectures. “You do need a “human-in-loop” for sensitive decisions around A.I.-generated pricing and risk recommendations,” said Tinaikar. “In the interim, SMB corporates have to develop their self-governance to protect their consumers, investors, and other key stakeholders.” Why Human Judgment Remains Crucial in AI-Enhanced Finance GenA.I. represents a transformative shift, enabling banks to fully harness the power of their customer data. By analyzing structured and unstructured data from diverse sources and understanding the relationships between them, it offers enhanced visibility and insights into both risks and opportunities within and beyond the bank. But, as AI makes data analysis more efficient and cost-effective, the role of human judgment becomes even more crucial. AI systems currently lack the nuance and creativity of human insight, making them unreliable for sensitive use cases. Although AI is an incredibly powerful tool, financial managers and institutions stand to gain the most from combining AI's power with unique human abilities. “The difference lies, of course, in the type of emotional judgment applied by human experts,” explained Tinaikar. “As AI introduces the potential for a disruptive shift where machines could replace human judgment, we need to develop regulatory and technological solutions to ensure that humans remain involved in mission-critical tasks where machine-simulated judgment may not be reliable.” Financial institutions are investing heavily in AI, with North American banks leading the way in adopting gen AI for enhanced customer service and operational efficiency. Financial institutions are investing heavily in AI, with North American banks leading the way in adopting gen AI for enhanced customer service and operational efficiency. The financial and banking services sector has entered a new phase in its digital transformation journey: the Artificial Intelligence (AI) era. While the use of AI in financial services is not new, and AI-powered applications such as trading algorithms and autonomous rule-based credit decision systems have been around for a while— the recent influx of capital from financial institutions to build future-proof AI infrastructure emphasizes the technology’s growing significance. According to a recent IDC report , the financial sector is projected to be the largest spender on AI solutions between 2024 and 2028, with banking at the forefront. The financial services industry is anticipated to account for over 20% of all AI expenditures, representing the highest growth rate among major industries. IDC report IDC report Today, AI's impact is evident across an array of financial applications, from automated knowledge management to personalized banking services. Specifically, North American banks are heavily investing in generative AI ( genAI ) to drive innovation and improve operational transparency. GenAI is helping enhance banking and chatbot capabilities, offering experiences that are distinct from traditional automated services. GenAI agents are now available 24/7 in multiple languages, to assist customers with banking queries and account management. genAI To support these efforts, they are acquiring crucial hardware like AI chips and data processing infrastructure, while simultaneously channeling resources to hire human talent. Finance and AI: A Synergy in the Making Finance and AI: A Synergy in the Making Financial institutions are among the most data-rich organizations, handling billions of customer transactions and interactions across both digital and physical platforms. This wealth of data is essential to train A.I. systems, which is why banks have been pouring significant resources into maintaining the technology. The goal is to refine existing customer processes and explore high-impact use cases for inculcating A.I., scaling innovative prototypes into robust solutions. For instance, Paris-based Amundi , managing €2 trillion ($2.1 trillion) in assets, utilizes genAI tools to customize investment portfolios for its more than 100 million clients. By engaging clients in discussions about their risk preferences through its chatbot, the asset management firm crafts portfolios that meet individual needs while also gaining real-time insights into client sentiment. Amundi Amundi “Younger demographics, who will make up an increasingly large percentage of overall target customers for the finance industry - are very comfortable interacting with chatbots and often prefer this option over traditional options like call centers,” Ranjit Tinaikar, CEO of Ness Digital Engineering, told me. “AI can drastically improve the risk insights in pricing consumer loans. The banking industry is tapping into these trends to future-proof the way they deliver customer service and optimize experiences” Renowned North American investment bank and wealth management firm Morgan Stanley, recently introduced its new internal genAI model designed for its financial advisors and support staff. Powered by OpenAI’s GPT-4, the ‘ AI @ Morgan Stanley Assistant ’ helps thousands of wealth managers to swiftly retrieve information from an extensive internal knowledge base. It can also summarize client meeting notes and automatically draft follow-up emails. AI @ Morgan Stanley Assistant AI @ Morgan Stanley Assistant Despite its promise, the use of AI for handling sensitive financial decisions does have its drawbacks. AI models’ decision-making abilities are often hindered by unreliable data or unexpected infrastructural errors, which in turn impacts their effectiveness. Challenges and Limitations of AI in Financial Services Challenges and Limitations of AI in Financial Services A.I.'s ability to disrupt industry dynamics appears closely tied to the nature of customer data and the challenges it addresses. In banking service areas like wealth management or lending, where data is less abundant and unstable, A.I.'s impact has been more incremental than transformational. The finance industry’s experience with AI also raises questions about whether AI will democratize or consolidate power within the sector. “Most banking corporations don’t have the requisite organizational expertise and governance to deploy A.I. solutions. GenA.I. is only as smart as the data used to train the large language models (LLMs),” Tinaikar added. “Access to this data, which is often fragmented across internal and external systems, is a major challenge to create reliable financial A.I. models.” It is crucial to ensure that A.I. operates within a secure, ethical, and compliant framework to prevent potentially sensitive data misuse. In this context, larger companies with vast resources for technology and data investments hold a notable edge over their smaller rivals. For small and medium-sized businesses (SMBs), the real challenge to creating smarter and reliable A.I. systems is their inability to afford A.I. experts and invest in security management architectures. “You do need a “human-in-loop” for sensitive decisions around A.I.-generated pricing and risk recommendations,” said Tinaikar. “In the interim, SMB corporates have to develop their self-governance to protect their consumers, investors, and other key stakeholders.” Why Human Judgment Remains Crucial in AI-Enhanced Finance GenA.I. represents a transformative shift, enabling banks to fully harness the power of their customer data. By analyzing structured and unstructured data from diverse sources and understanding the relationships between them, it offers enhanced visibility and insights into both risks and opportunities within and beyond the bank. But, as AI makes data analysis more efficient and cost-effective, the role of human judgment becomes even more crucial. AI systems currently lack the nuance and creativity of human insight, making them unreliable for sensitive use cases. Although AI is an incredibly powerful tool, financial managers and institutions stand to gain the most from combining AI's power with unique human abilities. “The difference lies, of course, in the type of emotional judgment applied by human experts,” explained Tinaikar. “As AI introduces the potential for a disruptive shift where machines could replace human judgment, we need to develop regulatory and technological solutions to ensure that humans remain involved in mission-critical tasks where machine-simulated judgment may not be reliable.”

AI is Taking Over Your Bank, and You Might Not Even Know It

DynamoDB is a fully managed serverless, NoSQL database offered by AWS. It is particularly popular due to its single-digit millisecond performance at any scale(if used properly!). As with any other database technology, data consistency is important, however, how each database achieves consistency varies. In DynamoDB, there are two consistency modes. It’s important to understand these consistency modes, then decide and use whichever fits your use case, otherwise, you might end up with weird read/write behaviors that can lead to bugs in your software. Eventual Consistent Mode In eventual consistent mode, the data read from the database is not guaranteed to reflect the latest state of the data in the database. This means the result returned in your read requests might not always reflect recently completed writes. This might not be a big deal for your application given that DynamoDB should reach consistency in a few seconds, however, it is important to know that there’s no guarantee of exactly how long this will take. This is the default in DynmaoDB, i.e. unless explicitly specified, all database reads will happen in eventual consistent mode. Example eventual consistent query using@aws-sdk/client-dynamodb SDK: const { DynamoDBClient, GetItemCommand } = require('@aws-sdk/client-dynamodb');

const client = new DynamoDBClient({});

async function getItem() {
  try {
    const command = new GetItemCommand({
      TableName: 'YourTableName',
      Key: {
        // Define item primary key (optional sort key)
      },
    })
    const data = await client.send(command);
    console.log('Item retrieved:', data.Item);
  } catch (error) {
    console.error('Error retrieving item:', error);
  }
}

getItem(); Strongly Consistent Mode In strongly consistent mode, the data read from the database is guaranteed to reflect the latest state of the data in the database. This means the result returned in your read request will reflect the most recently completed writes. To perform a strongly consistent read, you need to explicitly specify in your read request. Example strongly consistent query using@aws-sdk/client-dynamodb SDK: const { DynamoDBClient, GetItemCommand } = require('@aws-sdk/client-dynamodb');

const client = new DynamoDBClient({});

async function getItem() {
  try {
    const command = new GetItemCommand({
      ConsistentRead: true, // This parameter enables Strongly Consistent mode
      TableName: 'YourTableName',
      Key: {
        // Define item primary key (optional sort key)
      },
    })
    const data = await client.send(command);
    console.log('Item retrieved:', data.Item);
  } catch (error) {
    console.error('Error retrieving item:', error);
  }
}

getItem(); Which one do I use? Ultimately it depends on your use case. Some applications require strongly consistent reads because there’s a high write/read frequency/dependency, however, for some applications, a few seconds delay before reaching latency across the database is acceptable. One important factor to consider when deciding which consistency mode to use is cost 🤑. DynamoDB has two pricing options, On-Demand, and Provisioned Capacity, you can read more about the different options here. For the On-Demand pricing option; a strongly consistent read of up to 4kb of data requires one RRU(Read Request Unit), while an eventual consistent read of the same data size requires a half RRU. For the Provisiond Capacity pricing option; a strongly consistent read of up to 4kb of data requires one RCU(Read Capacity Unit), while an eventual consistent read of the same data size requires a half RCU. In summary, a strongly consistent read is about twice(x2) the cost of an eventual consistent read. It’s probably worth taking your time to think hard if you need strongly consistent reads or if an eventual consistent read can somehow fit your use case. What are your thoughts about Eventual & Strongly consistent modes in DynamoDB? Have you had to make a choice to choose Strongly over Eventual Consistent mode? Please share in the comments section. DynamoDB is a fully managed serverless, NoSQL database offered by AWS. It is particularly popular due to its single-digit millisecond performance at any scale(if used properly!). As with any other database technology, data consistency is important, however, how each database achieves consistency varies. In DynamoDB, there are two consistency modes. It’s important to understand these consistency modes, then decide and use whichever fits your use case, otherwise, you might end up with weird read/write behaviors that can lead to bugs in your software. Eventual Consistent Mode In eventual consistent mode, the data read from the database is not guaranteed to reflect the latest state of the data in the database. This means the result returned in your read requests might not always reflect recently completed writes. This might not be a big deal for your application given that DynamoDB should reach consistency in a few seconds, however, it is important to know that there’s no guarantee of exactly how long this will take. This is the default in DynmaoDB, i.e. unless explicitly specified, all database reads will happen in eventual consistent mode. should This is the default in DynmaoDB, Example eventual consistent query using @aws-sdk/client-dynamodb SDK: @aws-sdk/client-dynamodb const { DynamoDBClient, GetItemCommand } = require('@aws-sdk/client-dynamodb');

const client = new DynamoDBClient({});

async function getItem() {
  try {
    const command = new GetItemCommand({
      TableName: 'YourTableName',
      Key: {
        // Define item primary key (optional sort key)
      },
    })
    const data = await client.send(command);
    console.log('Item retrieved:', data.Item);
  } catch (error) {
    console.error('Error retrieving item:', error);
  }
}

getItem(); const { DynamoDBClient, GetItemCommand } = require('@aws-sdk/client-dynamodb');

const client = new DynamoDBClient({});

async function getItem() {
  try {
    const command = new GetItemCommand({
      TableName: 'YourTableName',
      Key: {
        // Define item primary key (optional sort key)
      },
    })
    const data = await client.send(command);
    console.log('Item retrieved:', data.Item);
  } catch (error) {
    console.error('Error retrieving item:', error);
  }
}

getItem(); Strongly Consistent Mode In strongly consistent mode, the data read from the database is guaranteed to reflect the latest state of the data in the database. This means the result returned in your read request will reflect the most recently completed writes. To perform a strongly consistent read, you need to explicitly specify in your read request. Example strongly consistent query using @aws-sdk/client-dynamodb SDK: @aws-sdk/client-dynamodb const { DynamoDBClient, GetItemCommand } = require('@aws-sdk/client-dynamodb');

const client = new DynamoDBClient({});

async function getItem() {
  try {
    const command = new GetItemCommand({
      ConsistentRead: true, // This parameter enables Strongly Consistent mode
      TableName: 'YourTableName',
      Key: {
        // Define item primary key (optional sort key)
      },
    })
    const data = await client.send(command);
    console.log('Item retrieved:', data.Item);
  } catch (error) {
    console.error('Error retrieving item:', error);
  }
}

getItem(); const { DynamoDBClient, GetItemCommand } = require('@aws-sdk/client-dynamodb');

const client = new DynamoDBClient({});

async function getItem() {
  try {
    const command = new GetItemCommand({
      ConsistentRead: true, // This parameter enables Strongly Consistent mode
      TableName: 'YourTableName',
      Key: {
        // Define item primary key (optional sort key)
      },
    })
    const data = await client.send(command);
    console.log('Item retrieved:', data.Item);
  } catch (error) {
    console.error('Error retrieving item:', error);
  }
}

getItem(); Which one do I use? Ultimately it depends on your use case. Some applications require strongly consistent reads because there’s a high write/read frequency/dependency, however, for some applications, a few seconds delay before reaching latency across the database is acceptable. One important factor to consider when deciding which consistency mode to use is cost 🤑. DynamoDB has two pricing options, On-Demand, and Provisioned Capacity, you can read more about the different options here . here For the On-Demand pricing option; a strongly consistent read of up to 4kb of data requires one RRU(Read Request Unit), while an eventual consistent read of the same data size requires a half RRU. For the Provisiond Capacity pricing option; a strongly consistent read of up to 4kb of data requires one RCU(Read Capacity Unit), while an eventual consistent read of the same data size requires a half RCU. In summary, a strongly consistent read is about twice(x2) the cost of an eventual consistent read. It’s probably worth taking your time to think hard if you need strongly consistent reads or if an eventual consistent read can somehow fit your use case. What are your thoughts about Eventual & Strongly consistent modes in DynamoDB? Have you had to make a choice to choose Strongly over Eventual Consistent mode? Please share in the comments section.

Strongly vs Eventual Consistency Modes in DynamoDB

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