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$10 million Hunter plan to incubate ecological projects

Team Bitcoin Daily

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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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WEMADE and WEMIX Win “Best Web3 Gaming” at MENA Games Industry Awards 2024

Crypto Chain Wire

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WEMADE and WEMIX were honored with the prestigious “BEST WEB3 GAMING ” award at the MENA Games Industry Awards 2024. The awards celebrate the best of the region’s thriving gaming sector, and as the sole web3-focused award, the “BEST WEB3 GAMING” category spotlights companies championing the integration of web3 technologies into gaming.

“We are honored to receive this prestigious award. It validates Wemade’s commitment to fostering growth and collaboration within the global web3 gaming landscape,” Wemade said in a statement. “This award motivates us to continue empowering developers and driving innovation in game design & development.

Wemade would like to congratulate all of the finalists and winners at this year’s MENA Games Industry Awards. Their dedication and passion for innovation are shaping the future of gaming.

About Wemade

Wemade is at the forefront of the next wave of Web3 game developers that are innovating with blockchain technology. Based on the WEMIX3.0 mainnet, the WEMIX PLAY blockchain game platform is the world’s biggest with millions of users and a wide range of game genres from card, puzzle, simulation and strategy games; to first-person shooters, battle royale, MOBA, MMORPG, SNG, sports games and more. Visit www.wemix.com/communication for more information. 

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Metarise: Unveiling the Future of Metaverse Interaction on M20Chain

Crypto Chain Wire

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Metarise is forging new paths in the metaverse landscape, building an immersive digital universe that blends high-quality, low-poly graphics with the robust capabilities of the M20 Chain blockchain, all powered by Unreal Engine. This innovative platform merges reality with virtual spaces to create an interactive environment where users can live, work, and play.

Vibrant Digital Ecosystems: Cityland and Funland 

At the heart of Metarise lies Cityland, the bustling urban core that serves as the central hub for commerce, art, and social interaction. With its vibrant streets lined with shops, showrooms, galleries, and more, Cityland is where creativity meets community. Not far from the urban excitement is Funland, a sanctuary of joy and entertainment, offering a retreat where users can engage in games, sports, and various leisure activities. Both these areas are anchored by the iconic Metarise Tower, a towering structure that stands as a testament to the possibilities of virtual architecture and the central node from which all activity in Metarise radiates.

The Role of Riser Token in Metarise 

The pulse of this digital universe is the Riser Token ($RIS), a metaverse utility token that facilitates not only commerce but also enables a variety of interactions and transactions within the Metarise ecosystem. From purchasing virtual land to trading goods and accessing exclusive services, the Riser Token is essential for navigating and leveraging the full potential of Metarise.

Empowering Users and Businesses 

Metarise is more than just a virtual space; it is a versatile platform designed to accommodate the diverse needs of individuals and businesses alike. Users can escape the monotony of traditional digital interactions and immerse themselves in a vibrant 3D environment that offers an enriched form of social connectivity. For businesses, Metarise provides a range of tools and spaces for virtual offices, allowing companies to maintain operations, host conferences, and interact with clients without geographical constraints.

Innovative Real Estate and Investment Opportunities 

One of the standout features of Metarise is its approach to virtual real estate. Through its Initial Land Offering (ILO), users have the opportunity to invest in virtual land, represented as unique NFTs on the M20 blockchain. This allows for the development of personalized real estate projects, from digital offices and private properties to commercial spaces, which can be further monetized through rentals or providing specialized services.

MetaRise is excited to announce the opening of our Initial Land Offering (ILO), a unique opportunity for early adopters to participate in the early stages of our expansive metaverse. This early phase of development offers potential for growth as the platform evolves, though it’s important to remember that all investments carry inherent risks and returns are not guaranteed. As you consider joining us in shaping the future of MetaRise, we encourage you to make informed decisions.

A Hub for Brands and Creators 

Metarise serves as a dynamic marketing tool for brands looking to enhance their identity and user engagement through immersive experiences. It’s a platform where brands can interact with their audience in meaningful ways, leveraging the unique capabilities of virtual reality, augmented reality, and AI to deliver memorable brand experiences.

Conclusion: The Future of Digital Connectivity 

Metarise envisions a world where digital and physical realities converge to create a seamless universe of endless possibilities. It’s not just about creating a space for users to interact; it’s about redefining the essence of community and connectivity. As Metarise continues to expand and evolve, it invites users from all corners of the globe to explore its myriad offerings, engage with its vibrant community, and contribute to the ever-growing expanse of this digital frontier.

Discover Metarise and step into a world where your digital life transcends boundaries, offering new ways to interact, explore, and impact the world around you. Join us on this journey to redefine the future of the metaverse.

Stay connected with us:

Metarise: https://metaarise.com/

Twitter: https://twitter.com/metariseworld

Instagram: https://www.instagram.com/metariseworld

M20 Chain Website: http://www.m20chain.com

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Unizen Announces Deployment of Enhanced Ethereum Gas Optimization and ULDMv3, Transforming DeFi Trading

Crypto Chain Wire

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Unizen has successfully deployed two pivotal updates that are set to transform the decentralized finance (DeFi) industry: Enhanced Ethereum Gas Optimization and ULDMv3. These advancements redefine efficiency and cost-effectiveness, greatly enhancing the trading experience for DeFi users.

 Enhanced Ethereum Gas Optimization is Now Live 

This update significantly reduces Ethereum transaction costs by 40-50% for all users and by 60-70% for integrators. By streamlining transaction processes, this optimization not only makes decentralized trading more accessible but also significantly reduces overhead costs, allowing traders to operate more freely and cost-effectively.

 ULDMv3: A Revolutionary Upgrade in Liquidity Distribution 

ULDMv3, the third iteration of the Unizen Liquidity Distribution Mechanism, marks a monumental shift in the way trades are executed on the platform. This isn’t merely an incremental improvement; it’s a complete transformation designed to enhance the trading framework significantly. Unizen CTO, Martin Granström, describes ULDMv3 as a “revolution in liquidity sourcing that sets new industry benchmarks.”

 Key Enhancements in ULDMv3 Include: 

Key Enhancements in ULDMv3:

  • Faster Quote Speeds: With ULDMv3, Unizen has dramatically increased the speed at which quotes are retrieved and trades are executed. This enhancement ensures that users experience minimal latency, making real-time trading more efficient and responsive. The ability to quickly process quotes is crucial in the fast-paced world of DeFi, where market conditions can change in seconds. 
  • Reduced Gas Costs: ULDMv3 builds upon Unizen’s already competitive gas fee structure by optimizing the underlying algorithms to further reduce costs. This is achieved through smarter contract interactions and streamlined transactions that minimize the gas required for each trade. This reduction in gas costs makes trading more affordable and sustainable, especially beneficial during high network congestion periods. 
  • Cross-chain Trade Splitting: A standout feature of ULDMv3 is its ability to facilitate cross-chain trade splitting. This functionality enables the mechanism to split trades across different blockchains, maximizing token output on the receiving chain. This is done through seamless token swaps that leverage the unique strengths of multiple blockchains, thereby optimizing trade value and efficiency. 
  • Enhanced Token Routing: The routing mechanism in ULDMv3 has been upgraded to select the most optimal paths for token transfers automatically. This ensures that users receive the best possible rates and outputs by navigating through the complex landscape of liquidity pools and trading pairs. This smarter routing translates to better returns and reduced slippage for users. 
  • Machine Learning Integration: At the core of ULDMv3’s advanced capabilities is its integration of machine learning technologies. These systems continuously analyze market conditions and liquidity pool interactions to refine and optimize trading strategies. By learning from each transaction, ULDMv3 adapts and evolves, offering increasingly efficient trade executions.

The development of ULDMv3, which spanned nearly a year, reflects Unizen’s commitment to innovation and quality. This upgrade not only optimizes the technical mechanics of trading but also introduces adaptive, self-improving algorithms that dynamically adjust to real-time market conditions.

With these updates, Unizen solidifies its leadership in the DeFi space, empowering its community with the very best tools available. These enhancements promise to deliver unprecedented value to Unizen’s users and set new standards in decentralized trading efficiency.

Experience these upgrades via our web-based application at www.zcx.com, or our recently released mobile app available on the google play store here: https://play.google.com/store/apps/details?id=com.unizen_mobile_dapp

The ZCX Token:

$ZCX, as the core token of Unizen, significantly enhances the trading experience by maximizing profitability. It acts not only as a facilitator in this process but also offers users the chance to earn passive income through the platform’s Earn feature. This feature allows token holders to stake their $ZCX and receive rewards, adding an attractive layer of utility to the token. The integration of $ZCX into Unizen’s upcoming Layer 1 solution marks a significant leap forward. This integration is designed to elevate the functionality of $ZCX by embedding it deeper within the ecosystem, where it can play an even more central role in transaction processes and governance mechanisms.

Unizen’s strategic development of its own Layer 1 blockchain, which is currently in stealth mode, is a pivotal part of its expansion. This blockchain is tailored to support both programmable and non-programmable chains, thereby broadening its applicability and potential user base. The design aims to boost interoperability among different blockchain technologies within Unizen’s ecosystem, facilitating smoother and more efficient cross-chain transactions. This enhancement is crucial for driving wider adoption and easier access to web3 technologies, making them more user-friendly and integrated.

The introduction of Unizen’s Layer 1 blockchain is poised to redefine the way users interact with the platform, offering them more seamless, secure, and swift transactions. It promises to leverage the inherent strengths of $ZCX, ensuring that the token not only increases in utility but also in value, as it becomes an integral part of a larger, more interconnected ecosystem. This development aims to attract a diverse group of users, from seasoned traders to those new to the web3 space, enhancing their overall experience and engagement with decentralized finance.

About Unizen:

Unizen is an entirely new category of DEX Aggregator with comprehensive omni-chain access and UTXO support. We offer unparalleled returns on decentralized trades industry-wide. Even compared to leading DEX Aggregators like 1inch, Paraswap, and Matcha.

Our platform boasts a seamless experience with zero bridging, no sign-ups, no fees, and no KYC requirements, all while maintaining complete decentralization. We’ve created an entirely new class of DEX Aggregator, distinguished by an industry-leading Unizen Liquidity Distribution Mechanism (ULDM), Unizen Interoperability Protocol (UIP), and comprehensive omni-chain access, and UTXO support (starting with native Bitcoin). 

Our industry-leading innovations give us the ability to provide the highest returns on decentralized trades in the world: access to more than 20,000+ assets across 9 chains and over 170 decentralized exchanges.

Company
Website I DocumentationCMC

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ZCX.com I Mobile App 

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