Connect with us

Press Release

$10 million Hunter plan to incubate ecological projects

Published

3 years ago

on

Since the official launch of MDEX on January 19, 2021, with the support of more than 130+ high-quality partner projects, it has been running stably for more than half a year. During the operation period, the platform firmly upholds the principle of impartiality and openness of all information and sets the example in delivering secure, stable and continuous high growth.  As the world’s leading decentralized trading protocol, MDEX’s growth and expansion heavily rely on the construction and prosperity of the ecosystem.

In order to encourage community users to actively participate in MDEX community building, and further promote DAO governance, MDEX Foundation, as the main supporter and promoter of MDEX, officially announced the new ecological development program Hunter.

The Hunter program in total has a value of $10 million and will give priority to support projects that share MDEX’s philosophy. In particular, it will lend support to quality projects of Metaverse, DeFi, GameFi, NFT, etc. When selecting the funding subjects, the MDEX team will comprehensively consider the applicants’ overall competitiveness, such as on-chain performance, the community infrastructure, innovation and growth potential.

Ecological support for popular projects       

MDEX Foundation launches the brand new Hunter Program to continuously strengthen the business capabilities of the MDEX platform, provide financial support for high-quality projects, and assist project founders to enjoy richer ecological resources and thereby fundamentally promote the development of the entire DeFi ecosystem. In other words, the core objectives of MDEX Foundation are to support the development of blockchain and DeFi, as well as to expand MDEX ecology and manage MDEX resources. It thus features long-term significance for the entire blockchain industry.

The funding scope of MDEX Foundation is rather wide, including, including DeFi, GameFi, NFT, blockchain underlier, ecosystem components as well as other projects that contribute to the long-term development of the decentralized application ecosystem. For the projects who are selected for the funding, MDEX will share ecological resources, provide technical support, market operation resource, and security audit support, etc., to incubate projects in an all-around way.

The Hunter Program will support projects’ ecological development in the following ways: 

  1. Project parties can apply to MDEX, and if the application is approved, MDEX Foundation will inject $50,000 liquidity in the project’s asset pool directly.
  2. If the project selected has the TVL of $ 50 million for 7 consecutive days, MDEX Foundation will inject another $ 150,000 liquidity.
  3. After meeting the above two conditions, if the project’s liquidity exceeds $2 million, its transaction volume exceeds $3 million, and it provides liquidity mining rewards, MDEX will invest another $300,000 liquidity.

A global gathering place for high-quality projects 

In this ecological development Hunter plan, MDEX Foundation expects to attract global high-quality projects to join the ecological construction of the MDEX Foundation, promote a virtuous cycle of ecological development, and jointly realize the construction of a completely decentralized transaction protocol. To achieve these goals, MDEX will create a new business ecology that covers various application scenarios and is deploys on multiple public chains to lower the usage threshold and provide global users with more convenient, high-performance, low-cost and non-discriminatory financial services. In this way, it will realize the ultimate goal of fair pricing of assets, instant settlement of transactions and free value flow.

For more details about MDEX Foundation and Hunter Program, please check MDEX official website at mdex.The communities are cordially welcomed to recommend premium projects or if you are a project founder, self-recommendation is welcomed as well. Please contact us via the email business@mdex.com

Risk Alert: Projects selected for MDEX’s Hunter Program do not represent Mdex’s assessment or recognition of the investment value or safety of the project. Users need to independently assess the risk of investment and participation to avoid investment loss.

Related Topics:

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

NOWPayments Introduces New Payment Widget as a New Year Gift for Merchants

Published

4 days ago

on

January 10, 2025

By

As we step into 2025, NOWPayments is thrilled to unveil its latest innovation – the Payment Widget. Think of it as our special New Year’s gift to merchants across the globe, designed to revolutionize how businesses accept cryptocurrency payments.

So, what sets the Payment Widget apart from traditional APIs? 

  1. It’s simple! Unlike APIs, which may require more advanced technical expertise, this widget is incredibly easy to integrate – just a few lines of code, and you’re ready to go. No complex setups, no hassles. It’s the ideal solution for small e-commerce stores, presales, and anyone looking for a lightweight, user-friendly way to accept crypto.
  2. It’s suitable for everyone! The widget is perfect for small businesses that want to introduce a crypto payment option with minimum resources spent. Whether you’re running an independent online shop or a startup, this tool brings crypto adoption to your doorstep without any heavy lifting.

What makes the Payment Widget a game-changer?

  1. Ease of Use: no need for complex integrations, it requires minimal technical skills.
  2. Smooth Customer Experience: Payments happen directly on your website – no redirects, no interruptions.
  3. Support for 300+ Cryptocurrencies with auto conversion: From Bitcoin and Ethereum to stablecoins, flexibility is key.
  4. Tailored for All Industries: Small businesses, niche e-commerce shops, and presales campaigns – can all benefit.

Getting started is a breeze! With just a few clicks, you can enable crypto payments on your website and offer your customers a streamlined checkout experience. At NOWPayments, we’re all about making crypto adoption effortless, and the Payment Widget is another step in that direction.
Make 2025 the year you elevate your business with crypto payments! For details, visit our Payment Widget Guide and start simplifying transactions today.

Continue Reading

Press Release

MAGAcoin and JAECOIN, a new trend and instability created by the combination of politics and cryptocurrencies”

Published

6 days ago

on

January 9, 2025

By

MAGAcoin and JAECOIN have created a new investment trend by combining politics and cryptocurrency. MAGAcoin was based on former US President Donald Trump’s political message “Make America Great Again,” while JAECOIN gained attention as a meme coin linked to candidate Lee Jae-myung’s digital economy platform. Both coins exploded in popularity by combining political events and popular sentiment, but in the process exposed themselves to extreme volatility and instability.

MAGA has seen its value rise and fall in response to Trump’s comments and political events. When Trump made pro-crypto comments, MAGAcoin saw more than 1000% increase in one-day trading volume, but after his guilty verdict in a sex scandal trial, MAGAcoin plummeted, causing investors to lose a lot of money. This highlights the problem that the price of political meme coins is overly dependent on the risk of a particular person.

JAECOIN was buoyed by Lee Jae-myung’s promise of digital transformation and support from the younger generation, especially as his popularity grew, but it also had the potential to be unstable if the political situation turned unfavorable. This shows that Memecoin can be overly sensitive to political events, which can undermine market confidence.

Political memecoins have expanded the cryptocurrency market beyond mere fun to new political and economic platforms, but they also present structural problems of extreme price volatility and speculation. Experts warn that while these memecoins can provide short-term returns and excitement for investors, their inherently unstable nature makes it difficult to build long-term trust. The cases of MAGAcoin and JAECOIN have shown that cryptocurrencies can be a powerful tool for political messaging, but they also warn of the dangers of potential market crashes.

Continue Reading

Press Release

CKB Eco Fund Joins Hong Kong Web3 Festival 2025 as Platinum Sponsor

Published

1 week ago

on

January 7, 2025

By

The CKB Eco Fund, a leading force in Bitcoin-isomorphic innovation, will participate as a Platinum Sponsor at the Hong Kong Web3 Festival 2025. This annual gathering is one of Asia’s premier Web3 events, bringing together industry leaders, entrepreneurs, and developers to explore the future of blockchain and decentralized technologies. By joining the grand industry summit, the CKB Eco Fund reaffirms its commitment to fostering innovation and solidifying its leadership in the Asian blockchain ecosystem.

As the emerging driving force behind Nervos CKB, a cutting-edge BTC-isomorphic public blockchain (PoW+UTXO), the CKB Eco Fund is actively supporting pioneering projects that are revolutionizing the Bitcoin ecosystem. These include: Fiber Network, a programmable Lightning implementation supporting multiple assets including BTC, UTXO Stack, which solves Lightning Network’s liquidity challenges through innovative staking mechanisms, and RGB++, which enables native programmability and seamless interoperability across all UTXO-based chains. These complementary innovations work together to enhance Bitcoin’s scalability while preserving its security foundations. At the Web3 Festival, the CKB Eco Fund aims to engage with developers, share insights on the cutting-edge Bitcoin innovations, and further expand its impact across the global Web3 community.

The Fund’s ongoing efforts to support the Bitcoin ecosystem have already made a significant impact, particularly in Asia, where its projects have catalyzed the development of a stronger, interconnected blockchain landscape. Through strategic collaborations with developers, communities, and enthusiasts, the CKB Eco Fund has consistently worked towards enhancing Bitcoin’s role in the broader Web3 space.

At this year’s event, the CKB Eco Fund will co-host the Bitcoin Stage on Day 2 afternoon, following last year’s success. The stage will feature prominent voices from the Bitcoin and Web3 ecosystems, discussing innovations, best practices, and the challenges ahead for the industry. The conversations and knowledge exchange on the Bitcoin Stage will create an invaluable opportunity for attendees to deepen their understanding of the latest technological trends.

In addition, the CKB Eco Fund will showcase its ecosystem at a dedicated booth, featuring groundbreaking projects like UTXO Stack and Nervape. Attendees are invited to explore these initiatives, meet the teams, and discuss potential collaborations that could drive the next wave of innovation within the Bitcoin and CKB ecosystems.

The Hong Kong Web3 Festival, organized by Wanxiang and Hashkey Group, stands as a landmark event for the global Web3 community. By participating in this prestigious festival, the CKB Eco Fund will not only contribute to shaping the future of the Web3 industry but also further strengthen its role in supporting the growth of Bitcoin technologies and the broader decentralized economy.

CKB Eco Fund: https://x.com/CKBEcoFund

Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en

Continue Reading

Trending