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Press Release

$10 million Hunter plan to incubate ecological projects

Team Bitcoin Daily

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.

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Press Release

Introducing the Plena App: A Revolutionary Crypto Super App

Team Bitcoin Daily

Published

3 days ago

on

July 24, 2024

By

We are excited to announce the launch of the Plena App, a groundbreaking crypto super app that seamlessly blends the security of self-custodial wallets with the convenience of centralized applications. Today marks a significant milestone in the world of cryptocurrency as we introduce a platform designed to revolutionize how users interact with digital assets.

What is Plena?

The Plena App is an advanced crypto super app that offers users unparalleled security through self-custodial wallets while providing the ease of use typically associated with centralized applications. With Plena, users can invest in over 100,000 cryptocurrencies, manage transactions, perform asset swaps, and bridge assets with just a single tap. This innovative platform leverages Account Abstraction technology, making it the first of its kind in the crypto space.

Key Features

– Self-Custodial Wallets: Plena ensures users have complete control over their digital assets, combining robust security with user autonomy.

– Comprehensive Investment Options: With access to over 100,000 cryptocurrencies, Plena provides diverse investment opportunities.

– Seamless Transactions: Facilitating quick and easy transactions, Plena makes managing your crypto assets straightforward and efficient.

– Asset Swaps and Bridging: The app allows for effortless asset swaps and bridging, enhancing flexibility and usability for crypto enthusiasts.

– Account Abstraction Technology: Plena’s innovative use of Account Abstraction technology sets it apart, offering a unique and superior user experience.

 Launch Details

We are proud to officially launch the Plena App today. This pioneering platform is set to transform the crypto landscape, providing users with a secure, convenient, and innovative way to manage their digital assets.

Contract Address: 0xed68931e351ee97e8f77c64181475a6e3f2bd573

Join us in this exciting new chapter of cryptocurrency innovation. Visit our website or follow us on X to stay updated with the latest developments and features of the Plena App.

For more information, visit our website or follow us on X.

Website: http://www.plena.finance

X:http://x.com/PlenaFinance

Token: PLENA

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Press Release

How Bitcoin Lotteries Work and Differ from Conventional Lotteries

Crypto Chain Wire

Published

3 days ago

on

July 24, 2024

By

The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.

In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.

What is a Bitcoin Lottery?

Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.

Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.

What Makes Bitcoin Lottery Games Stand Out?

Here are the features that make Bitcoin lottery games a top choice for players.

  • Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
  • Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
  • Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.

Regular Lotteries vs. Bitcoin Lotteries: A Comparison

1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.

2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.

3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.

4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.

Why should one try a Bitcoin Lottery?

Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:

• Safe and open: You can verify every single draw and transaction.

• There are no geographical restrictions; play wherever on the planet.

• Cut expenses by means of lower transaction fees.

• Instant Payouts: Get your winnings easily and quickly. 

Bottom Line

With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.

These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.

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Press Release

Introducing Grok-1.5V: Revolutionizing Multimodal AI

Team Bitcoin Daily

Published

5 days ago

on

July 22, 2024

By

We are thrilled to announce the launch of Grok-1.5V, our groundbreaking first-generation multimodal model. Grok-1.5V, the latest innovation in artificial intelligence, promises to redefine how we interact with and understand the world around us. 

Unveiling Grok-1.5V

Grok-1.5V stands out with its exceptional text processing capabilities, but it goes beyond that. This advanced model can now process a wide array of visual information, including documents, diagrams, charts, screenshots, and photographs. This enhancement allows Grok-1.5V to offer a more comprehensive understanding and interpretation of both textual and visual data.

Capabilities

Grok-1.5V is designed to be competitive with existing frontier multimodal models across various domains. From multi-disciplinary reasoning to understanding complex documents, scientific diagrams, and real-world photographs, Grok-1.5V excels. 

We are particularly proud of Grok’s performance in our new RealWorldQA benchmark, which measures real-world spatial understanding. In zero-shot settings, without chain-of-thought prompting, Grok-1.5V consistently outperforms its peers, showcasing its superior capability in understanding the physical world.

Launch Details

Grok-1.5V will be available soon to our early testers and existing Grok users. We are excited to bring this new level of AI understanding to our community.

Join us as we launch Grok-1.5V on BASE at 19:20 Beijing time today. Don’t miss this opportunity to be part of the future of AI.

Contract Address: 0xeeB0Ea9EcD0Ab9a7a210fA66FCf58ce4747235E6

Stay tuned for more updates and innovations from our team as we continue to push the boundaries of what’s possible with AI.

For more information, visit our website or follow us on X.

Website: https://x.ai

X: https://x.com/xai

Token: x.AI

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